MFP PARTNERS LP - 05 May 2022 Form 4 Insider Report for Trinity Place Holdings Inc. (TPHS)

Role
Other*, 10%+ Owner
Signature
MFP PARTNERS, L.P., By: MFP INVESTORS LLC, By: /s/ Timothy E. Ladin, Name: Timothy E. Ladin, Title: General Counsel, Vice President
Issuer symbol
TPHS
Transactions as of
05 May 2022
Net transactions value
+$382,470
Form type
4
Filing time
05 May 2022, 16:48:18 UTC
Previous filing
16 Mar 2022
Next filing
07 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPHS Common Stock, par value $0.01 per share Purchase $382,470 +347,700 +3.9% $1.10 9,161,501 05 May 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This report is filed jointly by MFP Partners, L.P. ("MFP Partners") and MFP Investors LLC ("MFP Investors" and, each, a "Reporting Person" and, collectively, the "Reporting Persons") in connection with their respective direct and indirect relationships with Trinity Place Holdings Inc. (the "Company"). MFP Investors is the general partner of MFP Partners. The Estate of Michael F. Price may be deemed to be the controlling person of MFP Investors.
F2 MFP Partners is the direct beneficial owner of the shares of common stock of the Company ("Common Stock") reported herein. Each Reporting Person other than MFP Partners may be deemed to be the indirect beneficial owner of such shares of Common Stock; however, each such Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that any of these Reporting Persons is the beneficial owner of the shares of Common Stock described herein for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

Remarks:

Mr. Alexander C. Matina (Vice President, Investments and Portfolio Manager at MFP Investors), serves as a member of the board of directors of the Company as a nominee of MFP. Each of MFP Partners and MFP Investors may be deemed a director of the Company by deputization on the basis of the relationships among such persons and Mr. Matina.