Home > Insider Trading > Filing (0001209191-17-030928)

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

Show Other Fields >>

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

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.
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").
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.
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.
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.