Form 4 for GFF GRIFFON CORP
Accepted 2023-09-07 00:00:00 ET · period of report 2023-09-05 · accession 0000921895-23-002133 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-09-07 | 2023-09-05 | GFF | Voss Advisors GP, LLC | Dir, See Remarks | D - Sale to Iss | $41.87 | -400.0K | 1.16M | -26% | -$16.75M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.25 par value | 2023-09-05 | D | D | 400,000 | $41.87 | 1,156,953 | I By: Managed Accounts of Voss Capital, LLC | — | — | (F1) This Form 4 is filed jointly by Voss Value Master Fund, L.P. ("Voss Value Master Fund"), Voss Value-Oriented Special Situations Fund, L.P. ("Voss Value-Oriented Special Situations Fund"), Voss Advisors GP, LLC ("Voss GP"), Voss Capital, LLC ("Voss Capital") and Travis W. Cocke (collectively, the "Reporting Persons"). 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 purposes of Section 16 or for any other purpose. (F2) On September 5, 2023, certain of the accounts separately managed by Voss Capital (the "Selling Shareholders") entered into an agreement (the "Stock Purchase Agreement") with the Issuer, pursuant to which the Issuer repurchased 400,000 Shares beneficially owned by the Selling Shareholders at a price of $41.8656 per share, in a private transaction to facilitate redemptions by investors in the Selling Shareholders. (F3) Securities held in certain accounts separately managed by Voss Capital (the "Voss Managed Accounts"). Voss Capital, as the investment manager of the Voss Managed Accounts, may be deemed to beneficially own the securities held in the Voss Managed Accounts. Mr. Cocke, as the managing member of Voss Capital, may be deemed to beneficially own the securities held in the Voss Managed Accounts. |