Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

no new form 4 out. the last form 4 filed for shld was 12/31/2018 and it described the million + shares lampert "returned" to sears which would have otherwise been a part of his pay package. think he did it to avoid any appearance of conflict given the bk filing.

it is described in footnote 1.

that same form 4 showed he had direct ownership of 32,348,233 shares and indirect ownership of 20,192,512 shares, indirect ownership of 150,124 shares and indirect ownership of 193,341 shares.

his direct plus indirect ownership is around 48+% of outstanding shares.

for all of the comment about 70% institutional ownership, that means around an additional 22% is owned directly or indirectly by institutions other than those associated with esl and/or lampert. based on roughly 109 million shares outstanding, there are around 24 million shares held by other institutions.