Statement of Changes in Beneficial Ownership (4)
July 02 2018 - 5:42PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
STEIN JAY
|
2. Issuer Name
and
Ticker or Trading Symbol
STEIN MART INC
[
SMRT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
__
X
__ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chairman
|
(Last)
(First)
(Middle)
STEIN MART, INC., 1200 RIVERPLACE BOULEVARD, 10TH FLOOR
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/28/2018
|
(Street)
JACKSONVILLE, FL 32207
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
6/28/2018
|
|
J
(1)
|
|
3581165
|
D
|
$2.56
|
0
|
I
|
By Berry Hattie Stein Grantor Retained Annuity Trust
|
Common Stock
|
6/28/2018
|
|
J
(1)
|
|
3581165
|
A
|
$2.56
|
6093634
|
D
|
|
Common Stock
|
6/28/2018
|
|
J
(1)
|
|
3581165
|
D
|
$2.56
|
0
|
I
|
By Jay Meredith Stein Grantor Retained Annuity Trust
|
Common Stock
|
6/28/2018
|
|
J
(1)
|
|
3581165
|
A
|
$2.56
|
9674799
|
D
|
|
Common Stock
|
6/29/2018
|
|
G
|
V
|
4500000
|
D
|
$0.00
|
5174799
|
D
|
|
Common Stock
|
6/29/2018
|
|
G
|
V
|
4500000
|
A
|
$0.00
|
4500000
|
I
|
By Berry Hattie Stein 2018 Grantor Retained Annuity Trust
|
Common Stock
|
6/29/2018
|
|
G
|
V
|
4500000
|
D
|
$0.00
|
674799
|
D
|
|
Common Stock
|
6/29/2018
|
|
G
|
V
|
4500000
|
A
|
$0.00
|
4500000
|
I
|
By Jay Meredith Stein 2018 Grantor Retained Annuity Trust
|
Common Stock
|
|
|
|
|
|
|
|
2468826
|
I
|
Stein Ventures Limited Partnership
|
Common Stock
|
|
|
|
|
|
|
|
133709
|
I
|
Cary Ventures, Inc.
|
Common Stock
|
|
|
|
|
|
|
|
1273694
|
I
|
By trust for benefit of family
|
Common Stock
|
|
|
|
|
|
|
|
773694
|
I
|
By trust for benefit of family
|
Common Stock
|
|
|
|
|
|
|
|
731600
|
I
|
By trust for benefit of family
|
Common Stock
|
|
|
|
|
|
|
|
250000
|
I
|
By trust for benefit of family
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Explanation of Responses:
|
(1)
|
In accordance with the provisions of each of the Berry Hattie Stein Grantor Retained Annuity Trust and the Jay Meredith Stein Grantor Retained Annuity Trust (together, the "GRATs"), Jay Stein elected to substitute certain assets for 3,581,165 shares of common stock of Stein Mart, Inc. from each of the GRATs (the "Substitutions"). The Substitutions may be deemed to be purchases. The purchase price reflects the average of the high and low price of the shares of common stock of Stein Mart, Inc. on the date of the Substitutions in accordance with the terms of the GRATs.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
STEIN JAY
STEIN MART, INC.
1200 RIVERPLACE BOULEVARD, 10TH FLOOR
JACKSONVILLE, FL 32207
|
X
|
X
|
Chairman
|
|
Signatures
|
D. Hunt Hawkins, attorney-in-fact
|
|
7/2/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Stein Mart (NASDAQ:SMRT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Stein Mart (NASDAQ:SMRT)
Historical Stock Chart
From Sep 2023 to Sep 2024