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Filing Details

Accession Number:: 0001193805-20-000383
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-20 21:56:43
Reporting Period:: 2020-03-18

Accepted Time:: 2020-03-20 21:56:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1452857	Steel Partners Holdings L.p.	SPLP	()	NY

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1005784	G Warren Lichtenstein	C/O Steel Partners Holdings L.p. 590 Madison Avenue, 32Nd Floor New York NY 10022	Executive Chairman	Yes	Yes	Yes	No
1504325	Steel Partners, Ltd.	590 Madison Avenue, 32Nd Floor New York NY 10022		No	No	Yes	No
1547324	Wgl Capital Llc	590 Madison Avenue, 32Nd Floor New York NY 10022		No	No	Yes	No
1606923	Sph Spv-I Llc	590 Madison Avenue, 32Nd Floor New York NY 10022		No	No	No	Yes

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 Units No Par Value	Acquisiton	2020-03-18	400	$6.40	170,426	No	4	P	Indirect	By Steel Partners, Ltd.
Common Units No Par Value	Acquisiton	2020-03-19	4,000	$6.13	174,426	No	4	P	Indirect	By Steel Partners, Ltd.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Steel Partners, Ltd.
No	4	P	Indirect	By Steel Partners, Ltd.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Units No Par Value	94,922	Direct
Common Units No Par Value	1,540,706	Indirect	By SPH SPV-I LLC
Common Units No Par Value	6,362,920	Indirect	By WGL Capital LLC
Common Units No Par Value	192,701	Indirect	By 2018 GRAT
Common Units No Par Value	500,000	Indirect	By 2019 GRAT
Common Units No Par Value	750,000	Indirect	By 2020 GRAT
6% Series A Preferred Units	410,787	Direct

Footnotes

This Form 4 is filed jointly by WGL Capital LLC ("WGL"), Steel Partners, Ltd. ("SPL"), SPH SPV-I LLC ("SPH SPV") and Warren G. Lichtenstein (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding Common Units. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of his or its pecuniary interest therein.
Represents Common Units held by a grantor retained annuity trust ("2018 GRAT"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2018 GRAT, may be deemed to beneficially own the Common Units held by the 2018 GRAT.
Mr. Lichtenstein, as the Managing Member of SPH SPV, may be deemed to beneficially own the Common Units owned directly by SPH SPV.
Mr. Lichtenstein, as the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by SPL.
SPL, as the sole Member of WGL, and Mr. Lichtenstein, as the Manager of WGL and the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by WGL.
Represents Common Units held by a grantor retained annuity trust ("2019 GRAT"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2019 GRAT, may be deemed to beneficially own the Common Units held by the 2019 GRAT.
The Form 4 filed by the Reporting Persons on December 12, 2019 discloses ownership of 844,922 Common Units held directly by Mr. Lichtenstein. Since the filing of the Form 4, 750,000 of the Common Units held by Mr. Lichtenstein were transferred to a grantor retained annuity trust ("2020 GRAT") of which Mr. Lichtenstein is the sole trustee and sole annuitant.
Represents Common Units held by the 2020 GRAT. Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2020 GRAT, may be deemed to beneficially own the Common Units held by the 2020 GRAT. The total number of Common Units held by the 2020 GRAT reflects the transfer described in Footnote 7.