0001214659-19-007732.txt : 20191213 0001214659-19-007732.hdr.sgml : 20191213 20191213171005 ACCESSION NUMBER: 0001214659-19-007732 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191211 FILED AS OF DATE: 20191213 DATE AS OF CHANGE: 20191213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HG Vora Capital Management, LLC CENTRAL INDEX KEY: 0001525362 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36803 FILM NUMBER: 191285246 BUSINESS ADDRESS: STREET 1: 330 MADISON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: (212) 707-4300 MAIL ADDRESS: STREET 1: 330 MADISON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TOWN SPORTS INTERNATIONAL HOLDINGS INC CENTRAL INDEX KEY: 0001281774 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997] IRS NUMBER: 200640002 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1001 US NORTH HIGHWAY 1 STREET 2: SUITE 201 CITY: JUPITER STATE: FL ZIP: 33477 BUSINESS PHONE: (212) 246-6700 MAIL ADDRESS: STREET 1: 399 EXECUTIVE BOULEVARD CITY: ELMSFORD STATE: NY ZIP: 10523 4 1 ownership.xml X0306 4 2019-12-11 true 0001281774 TOWN SPORTS INTERNATIONAL HOLDINGS INC CLUB 0001525362 HG Vora Capital Management, LLC 330 MADISON AVENUE 20TH FLOOR NEW YORK NY 10017 0 0 true 0 Common Stock, $0.001 par value 2019-12-11 4 S 0 2800000 1.50 D 5700000 I See Footnote Option (see Footnote 2) 1.50 2019-12-11 4 S 0 1500000 0 D 2019-12-11 2019-12-23 Common Stock $0.001 par value 1500000 1500000 I See Footnote Securities owned directly by HG Vora Special Opportunities Master Fund, Ltd. ("HG Vora Special Opportunities"). HG Vora Capital Management, LLC ("HG Vora Capital") is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as an investment adviser to certain investment entities. HG Vora Capital, as investment manager of HG Vora Special Opportunities, may be deemed to beneficially own the securities owned directly by HG Vora Special Opportunities. On December 11, 2019, HG Vora Special Opportunities entered into a Call Option Agreement with PW Partners Atlas Fund II LP ("Atlas Fund II") pursuant to which HG Vora Special Opportunities granted Atlas Fund II an irrevocable option to purchase from HG Vora Special Opportunities up to 1,500,000 shares of Common Stock at an exercise price of $1.50 per share (the "Option"). The Option is exercisable by Atlas Fund II at any time prior to 12:00 p.m. Eastern time on December 23, 2019, in whole or in part, at Atlas Fund II's sole discretion. /s/ Parag Vora 2019-12-13