Filing Details

Accession Number:
0001209191-17-030928
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-09 16:18:41
Reporting Period:
2015-06-23
Filing Date:
2017-05-09
Accepted Time:
2017-05-09 16:18:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1557255 Silver Bay Realty Trust Corp. SBY Real Estate Investment Trusts (6798) 900867250
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1563744 R Irvin Kessler C/O Silver Bay Realty Trust Corp.
3300 Fernbrook Lane North, Suite 210
Plymouth MN 55447
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Disposition 2015-06-23 200 $16.49 97 No 4 S Indirect Owned by Walleye Trading LLC
Common Stock, Par Value $0.01 Per Share Disposition 2015-06-23 97 $16.29 0 No 4 S Indirect Owned by Walleye Trading LLC
Common Stock, Par Value $0.01 Per Share Disposition 2017-05-09 1,844,914 $0.00 0 No 4 D Indirect Owned by Deephaven, Inc.
Common Stock, Par Value $0.01 Per Share Disposition 2017-05-09 462,604 $0.00 0 No 4 D Indirect Owned by Kessler Family Limited Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Owned by Walleye Trading LLC
No 4 S Indirect Owned by Walleye Trading LLC
No 4 D Indirect Owned by Deephaven, Inc.
No 4 D Indirect Owned by Kessler Family Limited Partnership
Footnotes
  1. These securities are owned directly by Walleye Trading LLC ("Walleye") for which Mr. Kessler is the Chief Operating Officer. Mr. Kessler disclaims beneficial ownership of any of the securities owned by Walleye other than to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Kessler is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  2. On February 27, 2017, the Issuer entered into a Merger and Plan of Merger among Tricon Capital Group Inc., TAH Acquisition Holdings LLC, TAH Acquisition LP, Silver Bay Management LLC and Silver Bay Operating Partnership L.P. Upon completion of the merger, the Reporting Person's shares of the Issuer's Common Stock were cancelled and converted into the right to receive $21.50 per share in cash, without interest (the "Merger Consideration").
  3. Common Stock cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration.
  4. These securities are owned directly by Deephaven, Inc. ("Deephaven"). Mr. Kessler is the sole owner, director and Chief Executive Officer of Deephaven. Mr. Kessler disclaims beneficial ownership of any of the securities owned by the Fund other than to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Kessler is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  5. These securities are owned directly by the Kessler Family Limited Partnership (the "Partnership") for which Mr. Kessler serves as the General Partner. Mr. Kessler disclaims beneficial ownership of any of the securities owned by the Partnership other than to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Kessler is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.