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Filing Details

Accession Number:: 0001140361-20-021377
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-09-23 21:01:13
Reporting Period:: 2020-09-22

Accepted Time:: 2020-09-23 21:01:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1772921	Onewater Marine Inc.	ONEW	Retail-Auto & Home Supply Stores (5531)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1790712	B. Jeffrey Lamkin	6275 Lanier Islands Parkway Buford GA 30518		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class B Common Stock, Par Value $0.01	Disposition	2020-09-22	125,308	$0.00	150,000	No	4	C	Indirect	By JBL Investment Holdings, LLLP
Class B Common Stock, Par Value $0.01	Disposition	2020-09-22	125,308	$0.00	150,000	No	4	C	Indirect	By L13, LLLP
Class A Common Stock, Par Value $0.01	Acquisiton	2020-09-22	125,308	$0.00	125,308	No	4	C	Indirect	By JBL Investment Holdings, LLLP
Class A Common Stock, Par Value $0.01	Acquisiton	2020-09-22	125,308	$0.00	125,308	No	4	C	Indirect	L13, LLLP
Class A Common Stock, Par Value $0.01	Disposition	2020-09-22	125,308	$19.00	0	No	4	S	Indirect	By JBL Investment Holdings, LLLP
Class A Common Stock, Par Value $0.01	Disposition	2020-09-22	125,308	$19.00	0	No	4	S	Indirect	By L13, LLLP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By JBL Investment Holdings, LLLP
No	4	C	Indirect	By L13, LLLP
No	4	C	Indirect	By JBL Investment Holdings, LLLP
No	4	C	Indirect	L13, LLLP
No	4	S	Indirect	By JBL Investment Holdings, LLLP
No	4	S	Indirect	By L13, LLLP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock, Par Value $0.01	One Water Marine Holdings, LLC common unit	Disposition	2020-09-22	125,308	$0.00	125,308	$0.00
Class A Common Stock, Par Value $0.01	One Water Marine Holdings, LLC common unit	Disposition	2020-09-22	125,308	$0.00	125,308	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
150,000			No	4	C	Indirect
150,000			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.01	6,250	Direct
Class A Common Stock, Par Value $0.01	25,000	Indirect	By Nantahala Legacy Partners

Footnotes

At the request of the holder, each Common Unit of One Water Marine Holdings, LLC ("OneWater LLC") may be coupled with a share of Class B common stock and redeemed for, at the Issuer's election and subject to certain restrictions in the Fourth Amended and Restated Limited Liability Company Agreement of OneWater LLC (the "OneWater LLC Agreement"), newly-issued shares of Class A common stock of OneWater Marine Inc. on a one-for-one basis or for a cash payment to be determined pursuant to the OneWater LLC Agreement for each Common Unit redeemed. The Common Units do not expire.
Pursuant to the OneWater LLC Agreement, the shares of the Issuer's Class B common stock were cancelled for no consideration on a one-for-one basis upon the redemption by the Reporting Person of OneWater LLC common units, together with a corresponding number of shares of Class B common stock, for shares of the Issuer's Class A common stock.
The general partner of JBL Investment Holdings, LLLP is Sea Oats Management, LLC, for which the Reporting Person serves as sole manager and has sole voting and investment control over shares held by JBL Investment Holdings, LLLP.
The general partner of L13, LLLP is Sea Oats Management, LLC, for which the Reporting Person serves as sole manager and has sole voting and investment control over shares held by L13, LLLP.
Sea Oats Management, LLC is the manager of Nantahala Legacy Partners LLC. The Reporting Person is the sole manager of Sea Oats Management, LLC and has sole voting and investment control over shares held by Nantahala Legacy Partners LLC.
The Reporting Person disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.