Initial Statement of Beneficial Ownership (3)
23 April 2021 - 7:44AM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Barrett John Frederick |
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/9/2021
|
3. Issuer Name and Ticker or Trading Symbol
Horizon Global Corp [HZN]
|
(Last)
(First)
(Middle)
C/O HORIZON GLOBAL CORPORATION, 47912 HALYARD DRIVE, SUITE 100 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Street)
PLYMOUTH, MI 48170
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 1994529 | I | See Footnote (1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrants To Purchase Common Stock | 3/15/2019 | 3/15/2024 | Common Stock | 4212528.0 (2) | $1.5 | I | See Footnote (1) |
2.75% Convertible Senior Notes due 2022 | (3)(4) | 7/1/2022 | Common Stock | $47229000.0 (2) | $24.98 | I | See Footnote (1) |
Explanation of Responses: |
(1) | Securities held by clients of Corre Partners Management, LLC ("Corre"). As a managing partner of Corre, the Reporting Person may be deemed to have beneficial ownership of such securities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein. |
(2) | The amounts include shares of the Issuer's Common Stock underlying warrants and convertible senior notes held by Corre that are subject to limitations on the right to exercise and convert, respectively, to theextent that after giving effect to such issuance after exercise or conversion, Corre (together with its affiliates), would, when aggregated with all other shares of the Issuer's Common Stock beneficially owned by Corre and its affiliates at such time, beneficially own shares of the Issuer's Common Stock in excess of 9.99% of the number of shares of the Issuer's Common Stock outstanding (measured after giving effect to the issuance of shares of Common Stock issuable upon exercise of the warrants or conversion of the convertible senior notes, as applicable). |
(3) | Holders of the convertible senior notes may convert their notes at their option at any time prior to the close of business on the business day immediately preceding January 1, 2022, only under the followingcircumstances: (a) during any calendar quarter commencing after the calendar quarter ending on March 31, 2017 (and only during such calendar quarter), if the last reported sale price of the Issuer's Common Stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; |
(4) | (b) during the five business day period after any five consecutive trading day period in which the trading price (as defined below) per $1,000 principal amount of notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of the Issuer's Common Stock and the conversion rate on each such trading day; or (c) upon the occurrence of specified corporate events. On or after January 1, 2022 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders of the convertible senior notes may convert their notes at any time, regardless of the foregoing circumstances. |
Remarks: Exhibit 24.1 Power of Attorney |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Barrett John Frederick C/O HORIZON GLOBAL CORPORATION 47912 HALYARD DRIVE, SUITE 100 PLYMOUTH, MI 48170 | X |
|
|
|
Signatures
|
/s/ Paula Reno, Attorney-in-Fact | | 4/22/2021 |
**Signature of Reporting Person | Date |
Horizon Global (NYSE:HZN)
Historical Stock Chart
From Jul 2024 to Aug 2024
Horizon Global (NYSE:HZN)
Historical Stock Chart
From Aug 2023 to Aug 2024
Real-Time news about Horizon Global Corporation (New York Stock Exchange): 0 recent articles
More Horizon Global Corp News Articles