Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STCN | Common Stock, $0.01 par value | Disposed to Issuer | $0 | -2.13M | -58.28% | $0.00 | 1.53M | Aug 17, 2021 | Direct | F1, F3 |
holding | STCN | Common Stock, $0.01 par value | 60K | Aug 17, 2021 | By: Steel Partners, Ltd. | F2 |
Id | Content |
---|---|
F1 | The reporting person is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. The reporting person disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by the other members of the Section 13(d) group except to the extent of his pecuniary interest therein. |
F2 | Shares owned directly by Steel Partners, Ltd. ("SPL"). The reporting person is the Chief Executive Officer of SPL. Accordingly, by virtue of the reporting person's relationship with SPL, the reporting person may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by SPL. The reporting person disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by SPL except to the extent of his pecuniary interest therein. |
F3 | Represents shares of Common Stock surrendered to the Issuer that is exempt under Rule 16b-3(e) of the Securities Exchange Act of 1934, as amended. |