Replies to post #14651 on Sears Holdings Corp. (fka SHLDQ)

[StockRoomBully]

5.2 BILLION CONFIRMED WHY WOULDNT INSIDER BUY? WHY WOULDNT YOU? OR EX SEARS EMPMOYEES.


BUY NOW TALK LATER.

CHARTS RESET. BOOOOMTIME

[justthefactsmam]

RECENT TRANSACTIONS BY THE REPORTING PERSONS IN THE SECURITIES OF
SEARS HOLDINGS CORPORATION


Entity Date of
Transaction Description
of Transaction Shares
Acquired Price
Per Share
JPP, LLC 01/05/2019 Acquisition from Holdings of Second Lien Term Loans 559,095 (1) (2)

JPP II, LLC 01/05/2019 Acquisition from Holdings of Second Lien Term Loans 255,382 (1) (2)


can't get this to wrap properly but the recent filing shows 814,477 shares "recently" acquired by jpp which is a related entity with esl. do a "find" for "annex b" in the recent 13d (not the attachment) and you will see this.

[linda1]

Thank you - and this is my opinion:


“ Form 4 “ must be filed within two business days
of any change in ownership.


What I am reading in the 13-D Schedules - for the
Jan 18 and Jan 10 filing dates - is an increase of
800,000 + Common Shares that certain Insiders have
a right to acquire within 60 days pursuant to the
Second Lien Term Loan.

Compare the footnotes (1) (2) for JPP II in the two
13-D Schedules:


Jan 18 filing:

1) Includes 20,641,245 shares of Holdings
Common Stock that JPP II has the right to acquire
within 60 days pursuant to the Second Lien Term Loan.
(2) Includes 45,188,846 shares of Holdings Common
Stock that JPP has the right to acquire within 60 days
pursuant to the Second Lien Term Loan.


Jan 10 filing:

1) Includes 20,385,863 shares of Holdings
Common Stock that JPP II has the right to acquire
within 60 days pursuant to the Second Lien Term Loan.
(2) Includes 44,629,752 shares of Holdings
Common Stock that JPP has the right to acquire
within 60 days pursuant to the Second Lien Term Loan.


As you can see, there is an increase of 814,476
in Common Shares that JPP II has a right to acquire
and which number was added to the “ Aggregate
Amount Beneficially Owned ..... “ in the Jan 18
13-D Schedule.


NO NEW SHARES HAVE BEEN PURCHASED
BY INSIDERS - “ FORM 4 “ IS MANDATORY.


Here is an additional footnote (3) for JPP II
in the 13-D Schedule filed on Jan 18:


(3) Based upon 109,236,080 shares of
Holdings Common Stock outstanding as of
December 7, 2018, as disclosed in Holdings’
Quarterly Report on Form 10-Q for the
quarterly period ended November 3, 2018,
that was filed by Holdings with the SEC on
December 13, 2018,
20,641,245 shares of Holdings Common Stock
that JPP II has the right to acquire within 60 days
pursuant to the Second Lien Term Loan, and
45,188,846 shares of Holdings Common Stock
that JPP has the right to acquire within 60 days
pursuant to the Second Lien Term Loan.


Jan 18 filing:


https://www.sec.gov/Archives/edgar/data/923727/000119312519012110/d687440dsc13da.htm


Jan 10 filing:


https://www.sec.gov/Archives/edgar/data/923727/000119312519005801/d686408dsc13da.htm