0001025953-15-000142.txt : 20151002 0001025953-15-000142.hdr.sgml : 20151002 20151002154248 ACCESSION NUMBER: 0001025953-15-000142 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151002 DATE AS OF CHANGE: 20151002 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 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22897 FILM NUMBER: 151140104 MAIL ADDRESS: STREET 1: 53 FOREST AVENUE, 1ST FLOOR CITY: OLD GREENWICH STATE: CT ZIP: 06870 4 1 wf-form4_144381495822887.xml FORM 4 X0306 4 2015-09-30 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 2015-09-30 4 P 0 22500 0.283 A 2450338 I By Lone Star Value Investors, LP Common Stock 2015-09-30 4 P 0 2500 0.283 A 200763 I By Separately Managed Account Common Stock 2015-10-01 4 P 0 22500 0.2844 A 2472838 I By Lone Star Value Investors, LP Common Stock 2015-10-01 4 P 0 2500 0.2844 A 203263 I By Separately Managed Account Common Stock 192308 D 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 $0.280 to $0.285. 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. 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 reporting person undertakes to provide the Securities and Exchange Commission, upon request, the underlying identity of the separately managed account. Represents restricted stock awarded under the Novation Companies, Inc. 2015 Incentive Stock Plan. These restricted stock awards shall vest on August 10, 2016. /s/ Rodney E. Schwatken, Attorney-In-Fact for Jeffrey E. Eberwein 2015-10-02