HEMISPHERE MEDIA GROUP, INC. 4

Accession 0001140361-16-066477

CIK 0001567345operating

View on SEC.gov Company Profile

Filed

May 19, 8:00 PM ET

Accepted

May 20, 4:13 PM ET

Size

19.3 KB

Accession

0001140361-16-066477

Insider Transaction Report

Form 4

Period: 2016-05-18

HEMISPHERE MEDIA GROUP, INC.HMTV

Pleasant Lake Partners LLC

10% Owner

Transactions

Other
Class A Common Stock
2016-05-18−1,638,727→ 635,123 total(indirect: See Footnote)
Other
Class A Common Stock
2016-05-18+16,000→ 16,000 total(indirect: See Footnote)
Other
Warrants (right to buy)
2016-05-18−69,547→ 26,953 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (69,547 underlying)
Other
Warrants (right to buy)
2016-05-18+679→ 679 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (679 underlying)

Pleasant Lake Onshore GP LLC

10% Owner

Transactions

Other
Class A Common Stock
2016-05-18−1,638,727→ 635,123 total(indirect: See Footnote)
Other
Class A Common Stock
2016-05-18+16,000→ 16,000 total(indirect: See Footnote)
Other
Warrants (right to buy)
2016-05-18−69,547→ 26,953 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (69,547 underlying)
Other
Warrants (right to buy)
2016-05-18+679→ 679 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (679 underlying)

Pleasant Lake Offshore Master Fund L.P.

10% Owner

Transactions

Other
Class A Common Stock
2016-05-18−1,638,727→ 635,123 total(indirect: See Footnote)
Other
Class A Common Stock
2016-05-18+16,000→ 16,000 total(indirect: See Footnote)
Other
Warrants (right to buy)
2016-05-18−69,547→ 26,953 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (69,547 underlying)
Other
Warrants (right to buy)
2016-05-18+679→ 679 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (679 underlying)

Lennon Jonathan

10% Owner

Transactions

Other
Class A Common Stock
2016-05-18−1,638,727→ 635,123 total(indirect: See Footnote)
Other
Class A Common Stock
2016-05-18+16,000→ 16,000 total(indirect: See Footnote)
Other
Warrants (right to buy)
2016-05-18−69,547→ 26,953 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (69,547 underlying)
Other
Warrants (right to buy)
2016-05-18+679→ 679 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (679 underlying)

PLP MM LLC

10% Owner

Transactions

Other
Class A Common Stock
2016-05-18−1,638,727→ 635,123 total(indirect: See Footnote)
Other
Class A Common Stock
2016-05-18+16,000→ 16,000 total(indirect: See Footnote)
Other
Warrants (right to buy)
2016-05-18−69,547→ 26,953 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (69,547 underlying)
Other
Warrants (right to buy)
2016-05-18+679→ 679 total(indirect: See Footnote)
Exercise: $12.00Exp: 2018-04-04→ Class A Common Stock (679 underlying)

Footnotes (4)

[F1]Pro rata distribution by Pleasant Lake Offshore Master Fund L.P. (the "Master Fund") to its limited partners.
[F2]Shares reported herein represent shares held for the account of the Master Fund and shares issuable upon the exercise of warrants held by the Master Fund. Pleasant Lake Partners LLC ("PLP") serves as the investment manager of the Master Fund. Pleasant Lake Onshore GP LLC ("GP LLC") serves as General Partner of the Master Fund. PLP MM LLC is the managing member of PLP. Jonathan Lennon serves as manager of PLP MM LLC and GP LLC and, in that capacity, may be deemed to beneficially own the securities held for the account of the Master Fund. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.
[F3]Represents shares and shares issuable upon the exercise of warrants received by Mr. Lennon through a pro rata distribution by the Master Fund to its limited partners. As noted above, Mr. Lennon may also be deemed to beneficially own the securities reported herein as being held for the benefit of the Master Fund.
[F4]Currently exercisable.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

HEMISPHERE MEDIA GROUP, INC.

CIK 0001567345

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001567345

Filing Metadata

Form type: 4
Filed: May 19, 8:00 PM ET
Accepted: May 20, 4:13 PM ET
Size: 19.3 KB

View on SEC.gov