SSRC "Beneficial ownership" information from the 2009 10k filed 3/31/10 shows 8,267,123 shares (summary and footnotes below). To this, add the 4,073,942 (restricted) shares converted as listed in the four SC 13Ds filed 4/15/10. This totals 12,341,065. That is 73.33% of the 16,821,787 outstanding shares as of 4/12/10 as reported in the 4/15/10 SC 13D filings.
From the 10k filed 3/31/10:
Name and Address of Beneficial Owner Amount and Nature of
Beneficial Ownership Percentage of
Common Stock
Joseph K. Pagano 1,195,265 (1) 9.4 %
1217 South Flagler Drive, 3 rd Floor
West Palm Beach, Florida 33401
Frederick R. Adler 1,611,941 (2) 12.5 %
1520 S. Ocean Boulevard
Palm Beach, Florida 33480
Erik R. Lundh 55,000 (3) *
c/o Heidrick & Struggles
One California Street, Ste. 2400
San Francisco, CA 94111
Samuel A. Rozzi 1,628,777 (4) 12.8 %
c/o Corporate National Realty Inc.
135 Crossways Park Drive, Suite 104
Woodbury, New York 11797
The Joseph A. Pagano, Jr. 2007 Trust 1,128,157 8.8 %
1217 South Flagler Drive, 3 rd Floor
West Palm Beach, Florida 33401
Longview Partners, L.P. 1,260,458 (5) 9.9 %
c/o Adler & Co.
400 Madison Ave. Suite 7C
New York, NY 10017
Susan Chapman 1,287,525 (6) 10.1 %
c/o Adler & Co.
400 Madison Ave., Suite 7C
New York, NY 10017
Dean R. Gresk 100,000 (7) *
c/o Aspen Signature Properties
215 S. Monarch
Suite 201
Aspen, CO 81611
Executive officer and all directors as a group (4 persons) 2,962,206 (1)(2) 23.2 %
* Represents less than 1%.
(1) Includes 25,000 shares of Common Stock held of record by the Joseph Pagano, Jr. Trust. Mr. Pagano disclaims beneficial ownership of all shares other than those held in his name. Does not include the shares of Common Stock held of record by The Joseph A. Pagano Jr. 2007 Trust, a trust for which Mr. Pagano has no investment control, right to revoke, or voting rights.
(2) Includes 100,000 shares issuable upon the exercise of stock options to purchase share of our Common Stock that are exercisable within 60 days of March 23, 2010
(3) Includes 2,500 shares held of record by each of Mr. Lundh’s son and daughter. Mr. Lundh disclaims beneficial ownership of these shares. Includes 50,000 shares issuable upon the exercise of stock options to purchase shares of our Common Stock that are exercisable within 60 days of March 23, 2010.
(4) Includes 150,000 shares held by Scarsdale Limited Partnership, of which Mr. Rozzi is general partner. Mr. Rozzi’s daughter and The Samuel A. Rozzi Grantor Retained Annuity Trust, of which Mr. Rozzi’s daughter is trustee, are the sole limited partners of Scarsdale Limited Partnership. Mr. Rozzi disclaims beneficial ownership of all shares other than those held in his name.
(5) Susan Chapman is the general partner of Longview Partners, L.P., which is the registered holder of these shares. Mrs. Chapman is an adult daughter of Frederick R. Adler.
(6) Includes the shares held of record by Longview Partners, L.P. (of which Mrs. Chapman is the general partner), 300 shares held in trusts for the benefit of Mrs. Chapman’s children and 26,767 shares held of record by Mrs. Chapman’s spouse.
(7) Represents 100,000 shares issuable upon the exercise of stock options to purchase shares of our Common Stock that are exercisable within 60 days of March 23, 2010.
