Statement of Changes in Beneficial Ownership (4)
01 June 2022 - 9:08AM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Barrett John Frederick |
2. Issuer Name and Ticker or Trading Symbol
Horizon Global Corp
[
HZN
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O HORIZON GLOBAL CORPORATION, 47912 HALYARD DRIVE, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/26/2022 |
(Street)
PLYMOUTH, MI 48170
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 5/26/2022 | | A | | 33333 | A | $0 | 33333 | D (1) | |
Common Stock | 5/26/2022 | | G |
V
| 33333 | D | $0 | 0 | D (2) | |
Common Stock | 5/26/2022 | | G |
V
| 33333 | A | $0 | 2475557 | I (2)(3) | See Footnote (2)(3) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | Reflects a grant of restricted stock units ("RSUs") as director compensation to John Barrett, a managing partner of Corre Partners Management, LLC ("Corre"). Mr. Barrett currently serves on the board of directors of the Issuer. |
(2) | Mr. Barrett transferred 26,271 restricted stock units to Corre Opportunities Qualified Master Fund, LP, and 7,062 restricted stock units to Corre Horizon Fund, LP, clients of Corre, immediately following the grant thereof. As a managing partner of Corre, the Reporting Person may be deemed to have beneficial ownership of securities held by Corre or its clients. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein. |
(3) | Securities held by clients of 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. |
Reporting Owners
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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 |
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Signatures
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/s/ Paula Reno, Attorney-in-Fact | | 5/31/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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