4//SEC Filing
Fifth Street Asset Management Inc. 4
Accession 0001611988-17-000001
CIK 0001611988operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:34 PM ET
Size
7.6 KB
Accession
0001611988-17-000001
Insider Transaction Report
Form 4
Velgot James F
Director
Transactions
- Conversion
Class A Common Stock, $0.01 par value per share
2017-01-04+4,472→ 4,472 total - Conversion
Holdings LP Interests
2017-01-04−4,472→ 17,889 total→ Class A Common Stock (4,472 underlying)
Footnotes (2)
- [F1]On January 4, 2017, Mr. Velgot, pursuant to the Exchange Agreement (as defined below), exchanged limited partnership interests ("Holdings LP Interests") of Fifth Street Holdings L.P. ("Holdings") for shares of the Issuer's Class A common stock on a one-for-one basis.
- [F2]Pursuant to the terms of the exchange agreement, dated as of October 29, 2014, by and among the Issuer, Holdings and the limited partners of Holdings party thereto (the "Exchange Agreement"), and subject to certain requirements and restrictions, the Holdings LP Interests are exchangeable for shares of Class A common stock on a one-for-one basis, from and after the the second anniversary of the closing of the Issuer's initial public offering. After such time, Mr. Velgot will be permitted to exchange the vested portion of his Holdings LP Interests, subject to certain conditions of call or forfeiture. The Holdings LP Interests vest monthly over eight years.
Documents
Issuer
Fifth Street Asset Management Inc.
CIK 0001611988
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001611988
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 6:34 PM ET
- Size
- 7.6 KB