Filing Details
- Accession Number:
- 0000921895-24-000935
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-22 20:30:44
- Reporting Period:
- 2024-04-18
- Accepted Time:
- 2024-04-22 20:30:44
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
914712 | Steel Connect Inc. | STCN | Coating, Engraving & Allied Services (3470) | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
106618 | Ltd. Harman & Handy | 590 Madison Avenue 32Nd Floor New York NY 10022 | Yes | No | No | Yes | |
709804 | Steel Excel Inc. | 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | No | |
1342942 | Whx Cs Llc | 590 Madison Avenue 32Nd Floor New York NY 10022 | Yes | No | No | Yes | |
1452857 | L.p. Holdings Partners Steel | 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | No | |
1522066 | Sph Group Holdings Llc | C/O Steel Partners Holdings L.p. 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | No | |
1522067 | Sph Group Llc | C/O Steel Partners Holdings L.p. 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | No | |
1537666 | Steel Partners Holdings Gp Inc. | C/O Steel Partners Holdings L.p. 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | No | |
1960672 | Wf Asset Corp. | 590 Madison Avenue, 32Nd Floor New York NY 10022 | Yes | No | Yes | 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, $0.01 Par Value | Acquisiton | 2024-04-18 | 701,246 | $9.83 | 813,097 | No | 4 | P | Indirect | By Steel Excel Inc. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Steel Excel Inc. |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, $0.01 Par Value | 1,311,700 | Indirect | By WF Asset Corp. |
Common Stock, $0.01 Par Value | 636,447 | Indirect | By WHX CS LLC |
Footnotes
- This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings"), Steel Partners Holdings GP Inc. ("Steel Holdings GP"), Steel Excel, Inc. ("Steel Excel"), WF Asset Corp. ("WF Asset"), Handy & Harman Ltd. ("HNH") and WHX CS LLC ("WHX CS") (collectively, the "Reporting Persons"). Steel Holdings owns a majority of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. SPHG Holdings owns 100% of the outstanding shares of common stock of Steel Excel. Steel Excel owns 100% of the outstanding shares of common stock of HNH and is a majority shareholder of WF Asset. HNH owns a majority of the outstanding membership interests of WHX CS.
- 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 shares of Common Stock (the "Section 13(d) Group").
- Represents shares purchased by Steel Excel in connection with the settlement of claims filed by holders of stock of the Issuer against certain Reporting Persons.
- Represents securities owned directly by Steel Excel. By virtue of their relationships with Steel Excel discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP may be deemed to beneficially own the securities owned directly by Steel Excel. Each of Steel Holdings, SPHG, SPHG Holdings and Steel Holdings GP disclaims beneficial ownership of the securities owned directly by Steel Excel.
- Represents securities owned directly by WF Asset. By virtue of their relationships with WF Asset discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings, Steel Holdings GP and Steel Excel may be deemed to beneficially own the securities owned directly by WF Asset. Each of Steel Holdings, SPHG, SPHG Holdings, Steel Holdings GP and Steel Excel disclaims beneficial ownership of the securities owned directly by WF Asset.
- Represents securities owned directly by WHX CS. By virtue of their relationships with WHX CS discussed in Footnote 1, each of Steel Holdings, SPHG, SPHG Holdings, Steel Holdings GP, Steel Excel and HNH may be deemed to beneficially own the securities owned directly by WHX CS. Each of Steel Holdings, SPHG, SPHG Holdings, Steel Holdings GP, Steel Excel and HNH disclaims beneficial ownership of the securities owned directly by WHX CS.