0000947871-20-000331.txt : 20200407 0000947871-20-000331.hdr.sgml : 20200407 20200407215040 ACCESSION NUMBER: 0000947871-20-000331 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200407 FILED AS OF DATE: 20200407 DATE AS OF CHANGE: 20200407 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RAVICH JESS M CENTRAL INDEX KEY: 0001094988 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37689 FILM NUMBER: 20780981 MAIL ADDRESS: STREET 1: 11766 WILSHIRE BOULEVARD STREET 2: SUITE 870 CITY: LOS ANGELES STATE: CA ZIP: 90025 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALJ REGIONAL HOLDINGS INC CENTRAL INDEX KEY: 0001438731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 134082185 FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 244 MADISON AVENUE, PMB #358 CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 212-883-0083 MAIL ADDRESS: STREET 1: 244 MADISON AVENUE, PMB #358 CITY: NEW YORK STATE: NY ZIP: 10016 4 1 ownership.xml X0306 4 2020-04-07 0 0001438731 ALJ REGIONAL HOLDINGS INC ALJJ 0001094988 RAVICH JESS M 244 MADISON AVENUE, PMB #358 NEW YORK NY 10016 1 1 1 0 Chief Executive Officer Common Stock 9025626 D Common Stock 4853804 I By Exemption Trust under the Ravich Revocable Trust of 1989 Common Stock 1484677 I Held by Libra Securities Holdings, LLC Common Stock 668669 I Held through pension plan Warrants 2020-04-07 2025-04-07 Common Stock 69611 69611 I Held by Ravich Permanent Partnership LLP Warrants 2020-04-07 2025-04-07 Common Stock 69611 69611 I Held by Ravich Defined Benefit Plan Warrants 2020-04-07 2025-04-07 Common Stock 171705 171705 I Held by Libra Securities Holdings, LLC Stock Options (Right to Buy) 4.00 2015-08-03 2022-08-02 Common Stock 350000 350000 D Warrants 1.80 2019-07-30 2021-07-30 Common Stock 199800 199800 I Held through pension plan Warrants 1.80 2019-07-30 2021-07-30 Common Stock 319680 319680 I Held by Libra Securities Holdings, LLC Warrants 2019-12-17 2024-12-17 Common Stock 225000 225000 I Held by Ravich Permanent Partnership LLP Warrants 2019-12-17 2024-12-17 Common Stock 225000 225000 I Held by Ravich Defined Benefit Plan Warrants 2019-12-17 2024-12-17 Common Stock 555000 555000 I Held by Libra Securities Holdings, LLC The warrants are exercisable at a price equal to the lower of $0.59 or the closing price of the common stock of ALJ Regional Holdings, Inc. (the "Issuer") on the six month anniversary of the date such warrant is issued. The warrants were issued in consideration of such entity entering into an amendment to the Junior Participation. On July 30, 2019, Libra Securities Holdings, LLC ("Libra") and the Issuer entered into agreements under which Libra invested $1,728,000 in the Issuer and received 960,000 shares of the Issuer's common stock and a warrant to purchase 319,680 shares of the Issuer's common stock at an exercise price of $1.80 per share. On July 30, 2019, Jess Ravich, through his pension plan (the "Pension Plan"), entered into agreements with the Issuer under which the Pension Plan invested $1,080,000 in the Issuer and received 600,000 shares of the Issuer's common stock and a warrant to purchase 199,800 shares of the Issuer's common stock at an exercise price of $1.80 per share. The warrants are exercisable at a price equal to the lower of $1.20 or the 30 business day trailing average of the closing price of the Issuer's common stock on the six month anniversary of the date such warrant is first exercisable. The warrants were issued in consideration of such entity purchasing its pro rata portion of $4.1 million of junior participation interests in the Issuer's term loan facility (the "Junior Participation"). /s/ Christopher Forrester, by Power of Attorney 2020-04-07