Coliseum Capital Management, LLC - 15 May 2024 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 May 2024, 06:15:24 UTC
Prior SEC filing
10 May 2024
Next SEC filing
22 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Attorney-in-fact, Chivonne Cassar, Attorney-in-fact

Key filing fact

Coliseum Capital Management, LLC filed Form 4 for Lazydays Holdings, Inc. (GORV) on 17 May 2024.

Key facts

  • This page summarizes Coliseum Capital Management, LLC's Form 4 filing for Lazydays Holdings, Inc. (GORV).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 17 May 2024, 06:15.

Change

  • Previous filing in this sequence was filed on 10 May 2024.
  • Current net transaction value: $0.

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 derivative securities

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

LAZY transaction Derivative

Warrants

Other

Transaction value
Shares
+2,000,000
Change %
Price
Shares after
2,000,000
Date
15 May 2024
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
2,000,000
Exercise price
$5.25
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Warrants were issued without payment of separate oconsideraton to (i) Coliseum Capital Partners, L.P. ("CCP"), an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser and (ii) a separate account investment advisory client of CCM (the "Separate Account"), in satisfaction of a condition to effectiveness of and the obligation to advance loans under that certain Amendment to Loan Agreement, dated as of May 15, 2024, by and among Coliseum Holdings I, LLC, the Issuer and certain subsidiaries of the Issuer as disclosed in the Current Report on Form 8-K, as filed by the Issuer on May 17, 2024.

Footnote F2

As a result of the transaction reported herein, CCP directly owns a Warrant to purchase 1,600,000 shares of Common Stock and the Separate Account directly owns a Warrant to purchase 400,000 shares of Common Stock.

Footnote F3

Christopher Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.

SEC remarks

Shackelton is a director of the Issuer. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: CCM, CC, CCP, and Gray.

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