0001025953-15-000037.txt : 20150604 0001025953-15-000037.hdr.sgml : 20150604 20150604095304 ACCESSION NUMBER: 0001025953-15-000037 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150528 FILED AS OF DATE: 20150604 DATE AS OF CHANGE: 20150604 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NOVATION COMPANIES, INC. CENTRAL INDEX KEY: 0001025953 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 742830661 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2114 CENTRAL STREET 2: STE 600 CITY: KANSAS CITY STATE: MO ZIP: 64108 BUSINESS PHONE: 8162377000 MAIL ADDRESS: STREET 1: 2114 CENTRAL STREET 2: STE 600 CITY: KANSAS CITY STATE: MO ZIP: 64108 FORMER COMPANY: FORMER CONFORMED NAME: NOVASTAR FINANCIAL INC DATE OF NAME CHANGE: 19970723 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Eberwein Jeffrey E. CENTRAL INDEX KEY: 0001548312 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13533 FILM NUMBER: 15912020 MAIL ADDRESS: STREET 1: 53 FOREST AVENUE, 1ST FLOOR CITY: OLD GREENWICH STATE: CT ZIP: 06870 4/A 1 primary_doc.xml PRIMARY DOCUMENT X0306 4/A 2015-05-28 2015-06-01 0 0001025953 NOVATION COMPANIES, INC. NOVC 0001548312 Eberwein Jeffrey E. 53 FOREST AVENUE, 1ST FLOOR OLD GREENWICH CT 06870 1 0 0 0 Common Stock 2015-05-28 4 P 0 22500 0.2908 A 673465 I By Lone Star Value Investors, LP Common Stock 2015-05-28 4 P 0 2500 0.2908 A 2500 I By Separately Managed Account Common Stock 2015-05-29 4 P 0 22500 0.2908 A 695965 I By Lone Star Value Investors, LP Common Stock 2015-05-29 4 P 0 2500 0.2908 A 5000 I By Separately Managed Account The purchases of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by Lone Star Value Management, LLC on behalf of Lone Star Value Investors, LP and similarly managed funds and accounts on May 13, 2015. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.276 to $0.295. The reporting person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased, and the underlying identity of the separately managed account. Shares owned directly by Lone Star Value Investors, LP ("Lone Star Value Investors"). Mr. Eberwein, solely by virtue of his position as the manager of Lone Star Value Investors GP, LLC, the general partner of Lone Star Value Investors, and as the sole member of Lone Star Value Management, LLC ("Lone Star Value Management"), the investment manager of Lone Star Value Investors, may be deemed to beneficially own the shares owned directly by Lone Star Value Investors for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Shares held in an account separately managed by Lone Star Value Management (the "Separately Managed Account I"). Lone Star Value Management, as the investment manager of the Separately Managed Account I, may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I; and Jeffrey Eberwein, as the sole member of Lone Star Value Management may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.289 to $0.298. The reporting person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased, and the underlying identity of the separately managed account. Amounts have been amended to report separately the number of shares purchased and owned directly by Lone Star Value Investors and the number of shares purchased by and held in the Separately Managed Account I. The original Form 4, filed with the SEC on June 1, 2015, is also amended to include the power of attorney, which establishes the authority of the persons named therein to sign and file the Form on Mr. Eberwein's behalf and is attached hereto as Exhibit 24. /s/ Rodney E. Schwatken, Attorney-In-Fact for Jeffrey E. Eberwein 2015-06-04 EX-24 2 exhibit24-powerofattorney.htm POWER OF ATTORNEY Exhibit 24 - Power of Attorney


POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned hereby constitutes and appoints Rodney Schwatken, Brett Monger and Joseph Ford, and each of them, his or her true and lawful attorneys-in-fact and agents, with full power of substitution and revocation in each, for him or her and in his or her name, place and stead, to sign any or all reports required or permitted to be filed or signed by him or her under the Securities and Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended (including without limitation reports on Form 10, Form 10-K and Form 10KT (including the Annual Report on Form 10-K for the fiscal year ended December 31, 2014), Form 10-Q, Form 8-K, Form 3, Form 4, Form 5, Form S-3, Form S-4, Form S-8, proxy statements and solicitations under Rule 14A, consent statements and solicitations under Rule 14C, Schedule 13-D, Schedule 13-G, and Form 144), and any amendments thereto, in his or her individual capacity and in his or her capacity as an officer or director of Novation Companies, Inc. or its subsidiaries (the “Company”), with respect to transactions in equity securities of the Company and with respect to other matters relating to the Company (including beneficial ownership), and to file the same, with all documents required or permitted to be filed in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

4/24/2015
 
/s/ Jeffrey E. Eberwein
Date
 
Signature


 
 
Jeffrey E. Eberwein
 
 
Printed Name