Sears Holdings Corp. (fka SHLDQ)

[VASH87]

Legal fees maybe?

[AMPazzo]

LionWarrior explain to me your reasoning that he still owns 32,348,223 shares after the transaction valued at $220 Million Dollars.

It does not deny the fact he dumped 7.9 million dollars of shares the other day. I don't want any excuse that they needed the money for operating costs or day to day business. He is a billionaire.

[thelionwarrior]

Come on... explain it to everyone. Tell us what that whole section means. I'm waiting. :)

[thelionwarrior]

Also read what table 5 means and then what the letter d really means

[Replacement]

Found it thanks

[thelionwarrior]

Please go ahead and read what table 9 means. Please tell everyone here since you still do not seem to get it....

[AMPazzo]

I want the truth on this board not what people want to hear. Logged into my brokerage account and pulled up the Form 4. Transaction Code S means open market or private sale. Table II column 5 clearly shows the following:

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

D for Disposed has the following amounts 5,491,573.33 and 2,508,426.67

My old CEO would fill out a Form 4 when selling his options and I validated the same box was checked so this is a sale of shares.

An insider is defined as any officer and/or beneficial owner who is buying or selling their company's stock is required to file a Form 4.

General Transaction Codes
P—Open market or private purchase of non-derivative or derivative security
S—Open market or private sale of non-derivative or derivative security

It clearly shows he sold these shares for 7.9 Million dollars.

[Frost1840]

OMG today might be the last day to get in, before it's at $1

[Replacement]

What no link or message comment what news are you breaking?

[BBstocks77]

No reason this stock is not trading in dollars range now!

$5,200,000,000 buyout / 109,200,000 shares = $47.61/share

[buxcapital]

LOLOLOLOLOLOL table II look at 5. and look down at that D then look at what it means sorry to break the news.

[nagoya1]

Looking forward to this morning.SHLDQ

Sorry but your trash talking "pal" had 0 cred.....

SHLDQ

[StrategyTrader]

Still kudos to you clearrd it bro :)

[IL Padrino]

I think it was an honest mistake. I thought the same thing at first until I looked further. Almost had a heart attack, lol.

[StrategyTrader]

Short sellers have no legs to stand anymore zip zap up today

[Freaky ty]

MORTIMER!!!! Where Back..,,,!!!!! Oooooo Yessss

[thelionwarrior]

Its a done deal. Tomorrow is just formalities. Shorts can write whatever articles they want. Its clear the judge is going to sign off

[StrategyTrader]

Thanks for clearing the BS touted by shorts that he disposed his shares when it was actually direct ownership.

How steep can someone go we are good to go common survives :)

[IL Padrino]

Very interesting. On this form, the Q is removed from the ticker. Preparation for exiting bankruptcy?????????

https://www.streetinsider.com/SEC+Filings/Form+4+SEARS+HOLDINGS+CORP+For%3A+Jan+28+Filed+by%3A+ESL+INVESTMENTS%2C+INC./15059989.html

[VASH87]

That sounds reasonable to me.

[buxcapital]

Nope it was a sell read it again PAL!!!!

[thelionwarrior]

Just fyi they have a key that explains what everything means if you for some reason dont get it.

[alexjames81]

You will... I dont think the Q will off for a while.

[buxcapital]

Idk I might still have time to buy tomorrow let’s see.

[IL Padrino]

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) <——————RIGHT THERE PAL!!No, look down
(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)Right there pal ;) 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
Second Lien Term Loan (8) 1/28/2019 S $5491573.33 3/20/2018 7/20/2020 Common Stock, par value $0.01 per share 44090532 (9) (10) $220452658.95 (9) I See Footnotes (1) (2) (3) (4) (11)
Second Lien Term Loan (8) 1/28/2019 S $2508426.67 3/20/2018

[IL Padrino]

Wrong block. It's direct ownership.

[buxcapital]

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) <——————RIGHT THERE PAL!!
(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
Second Lien Term Loan (8) 1/28/2019 S $5491573.33 3/20/2018 7/20/2020 Common Stock, par value $0.01 per share 44090532 (9) (10) $220452658.95 (9) I See Footnotes (1) (2) (3) (4) (11)
Second Lien Term Loan (8) 1/28/2019 S $2508426.67 3/20/2018

[alexjames81]

From Bloomberg article:

Lampert and his hedge fund, ESL Investments, moved to keep Sears alive earlier this month by buying it out of bankruptcy and giving it a new corporate parent. His $5.2 billion proposal cleared one hurdle Jan. 16, and will likely be formally green-lit in court on Monday.

https://www.bloomberg.com/news/articles/2019-01-31/eddie-lampert-has-just-become-a-2020-presidential-campaign-issue?srnd=markets-vp

[alexjames81]

The D is for direct ownership

[thelionwarrior]

I knew something big was coming
:)

[buxcapital]

Lol it’s a disposal of shares I don’t feel bad now ! LOOK AT THE D !

[Chag]

USA Today headlines US aims to block Sears deal, liquidation possible. Meeting Monday and possibly last until Wednesday.

[Jayay222]

Form 4 SEARS HOLDINGS CORP For: Jan 28 Filed by: ESL INVESTMENTS, INC.

https://www.streetinsider.com/SEC+Filings/Form+4+SEARS+HOLDINGS+CORP+For%3A+Jan+28+Filed+by%3A+ESL+INVESTMENTS%2C+INC./15059989.html

[tooltimetim]

He's an issue cause he should be president have you met the guy you currently gave the job too lol

[VASH87]

Here is an interesting article. If I am reading this right, it almost sounds like they are saying Lampert has already won? Why would he be an issue for 2020 midterm elections if he lost? Is there more info out there that just hasn't been released yet?

https://www.bloomberg.com/news/articles/2019-01-31/eddie-lampert-has-just-become-a-2020-presidential-campaign-issue?srnd=markets-vp

[VASH87]

What awesome news!!!! Why go through all that just to cancel commons? Sears will live! IMO.

[buxcapital]

If I do I’ll post it but I just have that cash in other places now.

[tooltimetim]

Wake up, we need to have a discussion here lol

[IL Padrino]

So why not buy now? Good time to get in IMO. I'm getting some more today. Just got paid :)

[tooltimetim]

It appears he has restructured current shares. Burn shorts burn.
Can't restructure something your supposedly cancelling ha ba ah aha ha

[buxcapital]

Eddie owns 10% as of the 28th I should of went long after I stop shorting dammmm good for you guys.

[alexjames81]

Is he buying more?

[tooltimetim]

Who's loading today?

[buxcapital]

That’s very good news !

[tooltimetim]

N n n n n news out

[mojo joyo]

No way this will get there. $1.50 to 2s.that's what I think higher will go.look at Macy's price 25. JCP 130 s.what make you think this will reach that price.don't pumped

[buxcapital]

Could be adding the rest of the the os shares to the float or could be shorts covering would of thought there would be more attention with court Monday makes me think shareholders are out but might be wrong!

[RiskyBoy1989]

Fosho fosho... that’s why they say play with how much you ok loosing. I’m ready for the make or break!!!

[buxcapital]

Or .0 =.0$ can happen too!

[RiskyBoy1989]

50k strong now... even if I sell at $1=$50k not complaining at all. Tomorrow first hour will be shitty. This might test 200sma one more time at .4150 then off to new highs