0001493152-24-009232.txt : 20240307 0001493152-24-009232.hdr.sgml : 20240307 20240307165621 ACCESSION NUMBER: 0001493152-24-009232 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230922 FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strauss Daniel CENTRAL INDEX KEY: 0001531664 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 24730994 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP, INC STREET 2: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GlassBridge Enterprises, Inc. CENTRAL INDEX KEY: 0001014111 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 411838504 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 18 EAST 50TH STREET FL7TH CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-220-3300 MAIL ADDRESS: STREET 1: 18 EAST 50TH STREET FL7TH CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: IMATION CORP DATE OF NAME CHANGE: 19960619 FORMER COMPANY: FORMER CONFORMED NAME: 3M INFORMATION PROCESSING INC DATE OF NAME CHANGE: 19960619 4 1 ownership.xml X0508 4 2023-09-22 0 0001014111 GlassBridge Enterprises, Inc. GLAE 0001531664 Strauss Daniel C/O GLASSBRIDGE ENTERPRISES, INC., 18 EAST 50TH STREET FL7TH NEW YORK NY 10022 1 1 0 0 Chief Executive Officer 0 Restricted Stock Unit 2023-09-22 4 A 0 5845 0.00 A Common Stock 5845 5845 D Incentive Stock Option 10.00 2023-09-22 4 A 0 2067 0.00 A Common Stock 2067 2067 D The restricted stock unit ("RSUs") may be settled solely in cash. The Awardee of each cash-settled RSU shall be entitled to receive an amount equal to the product of the excess of (i) the fair market value of one share of common stock of GlassBridge Enterprises, Inc. (the "Company") as of the business day immediately preceding the date on which the cash-out notice is delivered to the Company minus (ii) $164.95. The RSUs shall vest in proportion to (i) the aggregate number of Series 1 RSUs and Series 2 RSUs (as each such term is defined in the Stock Purchase Agreement dated as of September 25, 2023 by and between the Company and Tacora Capital, L.P. ("Tacora")) purchased by Tacora, divided by (ii) 75,000 (in all events without duplication), but in any event in equal quarterly installments over a 4-year period beginning on September 22, 2023. The shares underlying the Option shall vest over a four-year period in equal quarterly installments beginning on September 22, 2023. /s/ Daniel Strauss 2024-03-07