David L. Kanen - 31 Oct 2022 Form 4 Insider Report for Lazydays Holdings, Inc. (GORV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Jan 2023, 19:11:58 UTC
Prior SEC filing
17 Jan 2023
Next SEC filing
28 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Kanen

Key filing fact

David L. Kanen filed Form 4 for Lazydays Holdings, Inc. (GORV) on 17 Jan 2023.

Key facts

  • This page summarizes David L. Kanen's Form 4 filing for Lazydays Holdings, Inc. (GORV).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Jan 2023, 19:11.

Change

  • Previous filing in this sequence was filed on 17 Jan 2023.
  • Current net transaction value: -$1,757,124.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LAZY transaction

Common Stock, par value $0.0001

Sale

Transaction value
$7,819
Shares
-615
Change %
-0.14%
Price
$12.71
Shares after
425,974
Date
31 Oct 2022
Ownership
Kanen Wealth Management, LLC
Footnotes
F1, F2
LAZY transaction

Common Stock, par value $0.0001

Sale

Transaction value
$12,636
Shares
-900
Change %
-0.21%
Price
$14.04
Shares after
425,074
Date
22 Nov 2022
Ownership
Kanen Wealth Management, LLC
Footnotes
F1, F2
LAZY transaction

Common Stock, par value $0.0001

Sale

Transaction value
$114,339
Shares
-6,699
Change %
-1.6%
Price
$17.07
Shares after
418,375
Date
29 Nov 2022
Ownership
Kanen Wealth Management, LLC
Footnotes
F1, F2
LAZY transaction

Common Stock, par value $0.0001

Sale

Transaction value
$182,004
Shares
-13,518
Change %
-3.2%
Price
$13.46
Shares after
404,857
Date
05 Dec 2022
Ownership
Kanen Wealth Management, LLC
Footnotes
F1, F2
LAZY transaction

Common Stock, par value $0.0001

Sale

Transaction value
$1,440,627
Shares
-107,000
Change %
-100%
Price
$13.46
Shares after
0
Date
05 Dec 2022
Ownership
Philotimo Focused Growth and Income Fund
Footnotes
F1, F4
LAZY holding

Common Stock, par value $0.0001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,980
Date
31 Oct 2022
Ownership
Direct
Footnotes
F1
LAZY holding

Common Stock, par value $0.0001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
31 Oct 2022
Ownership
Philotimo Fund, LP
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LAZY transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
$300
Shares
+300
Change %
+0.12%
Price
$1.00*
Shares after
240,336
Date
31 Oct 2022
Ownership
Philotimo Focused Growth and Income Fund
Underlying class
Common Stock
Underlying amount
150
Exercise price
$11.50
Footnotes
F1, F4, F5
LAZY holding Derivative

Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
575,717
Date
31 Oct 2022
Ownership
Philotimo Fund, LP
Underlying class
Common Stock
Underlying amount
287,859
Exercise price
$11.50
Footnotes
F1, F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David L. Kanen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM"), Philotimo Fund, LP, and Philotimo Focused Growth and Income Fund (collectively, the "Reporting Persons"). As of December 5, 2022, the Reporting Persons ceased to beneficially own in the aggregate more than 10% of the Issuer's outstanding Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

Footnote F2

Securities directly beneficially owned by KWM. Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by KWM.

Footnote F3

Securities directly beneficially owned by Philotimo Fund, LP. KWM, as the general partner of Philotimo Fund, LP, and Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by Philotimo Fund, LP.

Footnote F4

Securities directly beneficially owned by Philotimo Focused Growth and Income Fund. KWM, as the investment manager of Philotimo Focused Growth and Income Fund, and Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by Philotimo Focused Growth and Income Fund.

Footnote F5

Immediately exercisable.

SEC remarks

The Reporting Persons will disgorge any statutory "profits" resutling from the transactions reported herein pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, to the Issuer in the amount of $695.70, representing the maximum amount of profits for which the Reporting Persons may be liable.

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