Filing Details
- Accession Number:
- 0001140361-12-018171
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-03-29 19:13:42
- Reporting Period:
- 2012-03-05
- Filing Date:
- 2012-03-29
- Accepted Time:
- 2012-03-29 18:13:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1487685 | Greektown Superholdings Inc. | NONE | Hotels & Motels (7011) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1326580 | J Nicholas Singer | C/O Standard General L.p. 650 Madison Avenue, 23Rd Floor New York NY 10022 | See Footnote | Yes | Yes | Yes | No |
| 1409888 | L.p. General Standard | 650 Madison Avenue, 23Rd Floor New York NY 10022 | No | No | Yes | No | |
| 1418202 | Soohyung Kim | C/O Standard General L.p. 650 Madison Avenue, 23Rd Floor New York NY 10022 | See Footnote | Yes | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Series A-1 Common Stock | Acquisiton | 2011-01-18 | 549 | $78.50 | 7,359 | No | 4 | P | Indirect | See Footnote |
| Series A-1 Common Stock | Acquisiton | 2011-05-18 | 6,054 | $74.00 | 13,413 | No | 4 | P | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See Footnote |
| No | 4 | P | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Disposition | 2010-07-07 | 9,600 | $107.00 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Disposition | 2010-07-12 | 7,975 | $107.00 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2010-07-13 | 7,975 | $107.50 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2011-01-18 | 7,250 | $78.50 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2011-05-18 | 80,000 | $74.00 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2011-06-16 | 5,750 | $75.50 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2011-08-17 | 30,000 | $75.50 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2011-10-27 | 10,000 | $72.80 | 0 | $0.00 |
| Series A-1 Common Stock | Series A-1 Convertible Preferred Stock | Acquisiton | 2012-03-05 | 40,850 | $69.00 | 0 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 72,250 | 2010-12-30 | No | 4 | S | Indirect | |
| 64,275 | 2010-12-30 | No | 4 | S | Indirect | |
| 72,250 | 2010-12-30 | No | 4 | P | Indirect | |
| 79,500 | 2010-12-30 | No | 4 | P | Indirect | |
| 159,500 | 2010-12-30 | No | 4 | P | Indirect | |
| 165,250 | 2010-12-30 | No | 4 | P | Indirect | |
| 195,250 | 2010-12-30 | No | 4 | P | Indirect | |
| 205,250 | 2010-12-30 | No | 4 | P | Indirect | |
| 246,100 | 2010-12-30 | No | 4 | P | Indirect |
Footnotes
- The securities reported herein are held directly by private investment vehicles (the "Funds") for which Standard General L.P. ("Standard General") serves as investment manager. Standard General exercises voting and investment control over the shares held for the accounts of the Funds. Each of Messrs. Kim and Singer is a director of the general partner of the general partner of Standard General and in such capacity may be deemed to indirectly beneficially own the securities reported herein. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest in such shares. Mr. Kim is the Chief Investment Officer of Standard General.
- Subject to and in accordance with the terms of the Issuer's Certificate of Incorporation, each share of Series A-1 Convertible Preferred Stock may be converted into the lesser of (i) such number of fully paid and nonassessable shares of Series A-1 Common Stock as is determined by dividing (A) the sum of $100 per share of Series A Convertible Preferred Stock plus an amount equal to the aggregate amount of accrued but unpaid dividends per share of Series A Convertible Preferred Stock whether or not declared and subject to certain adjustments (the "Series A Reference Price") by (B) the Series A conversion price in effect at the time of conversion, and (ii) the maximum number of shares of Series A-1 Common Stock that can be issued to such holder in accordance with the Issuer's Certificate of Incorporation and in compliance with the requirements of the Michigan Gaming Control Board.
- These securities are preferred stock of the Issuer and do not have an expiration date.
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