JCP Investment Management, LLC - Jun 9, 2022 Form 4 Insider Report for WESTWOOD HOLDINGS GROUP INC (WHG)

Role
Other*
Signature
JCP Investment Management, LLC, By: /s/ James C. Pappas, Managing Member
Stock symbol
WHG
Transactions as of
Jun 9, 2022
Transactions value $
-$376,642
Form type
4
Date filed
6/13/2022, 06:13 PM
Previous filing
May 26, 2022
Next filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHG Common Stock, $0.01 par value Sale -$181K -11.5K -2.79% $15.69 401K Jun 9, 2022 By: JCP Investment Partnership, LP F1, F2
transaction WHG Common Stock, $0.01 par value Sale -$188K -12K -2.79% $15.69 418K Jun 9, 2022 By: JCP Asset Partnership VI, LP F1, F3
transaction WHG Common Stock, $0.01 par value Sale -$7.56K -482 -2.79% $15.69 16.8K Jun 9, 2022 By: Managed Account of JCP Investment Management, LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JCP Investment Management, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by JCP Investment Partnership, LP ("JCP Partnership"), JCP Asset Partnership VI, LP ("JCP Partnership VI"), JCP Investment Partners, LP ("JCP Partners"), JCP Investment Holdings, LLC ("JCP Holdings"), JCP Investment Management, LLC ("JCP Management") and James C. Pappas (collectively, the "Reporting Persons"). Each of the Reporting Persons are members of a Section 13(d) group that no longer collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.
F2 Represents shares of Common Stock owned directly by JCP Partnership. JCP Partners, as the general partner of JCP Partnership, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. JCP Holdings, as the general partner of JCP Partners, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. JCP Management, as the investment manager of JCP Partnership, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. Mr. Pappas, as the managing member of JCP Management and the sole member of JCP Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership.
F3 Represents shares of Common Stock owned directly by JCP Partnership VI. JCP Partners, as the general partner of JCP Partnership VI, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership VI. JCP Holdings, as the general partner of JCP Partners, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership VI. JCP Management, as the investment manager of JCP Partnership VI, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership VI. Mr. Pappas, as the managing member of JCP Management and the sole member of JCP Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership VI.
F4 Represents shares of Common Stock held in a certain account managed by JCP Management (the "JCP Account"). JCP Management, as the investment manager of the JCP Account, may be deemed to beneficially own the shares of Common Stock held in the JCP Account. Mr. Pappas, as the managing member of JCP Management, may be deemed to beneficially own the shares of Common Stock held in the JCP Account.