0000905718-21-000073.txt : 20210120 0000905718-21-000073.hdr.sgml : 20210120 20210120160935 ACCESSION NUMBER: 0000905718-21-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210117 FILED AS OF DATE: 20210120 DATE AS OF CHANGE: 20210120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Taube Seth CENTRAL INDEX KEY: 0001510195 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36638 FILM NUMBER: 21538850 MAIL ADDRESS: STREET 1: C/O MEDLEY MANAGEMENT INC. STREET 2: 280 PARK AVENUE, 6TH FLOOR EAST CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MEDLEY MANAGEMENT INC. CENTRAL INDEX KEY: 0001611110 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE, 6TH FLOOR EAST CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2127590777 MAIL ADDRESS: STREET 1: 280 PARK AVENUE, 6TH FLOOR EAST CITY: NEW YORK STATE: NY ZIP: 10017 4 1 medleymgmt_fm4jan172021.xml X0306 4 2021-01-17 0 0001611110 MEDLEY MANAGEMENT INC. MDLY 0001510195 Taube Seth C/O MEDLEY CAPITAL MANAGEMENT INC. 280 PARK AVENUE, 6TH FLOOR EAST NEW YORK NY 10017 1 1 1 0 Co-CEO and CIO Class A Common Stock 2021-01-19 4 C 0 450000 A 450000 I By Freedom 2021 LLC Medley LLC Units 2021-01-17 4 J 0 818181 0 D Class A Common Stock 818181 0 I By Trust Medley LLC Units 2021-01-17 4 J 0 90909 0 D Class A Common Stock 90909 0 I By LLC Medley LLC Units 2021-01-17 4 J 0 90909 0 D Class A Common Stock 90909 0 I By LLC Medley LLC Units 2021-01-18 4 J 0 499999 0 A Class A Common Stock 499999 499999 I By Freedom 2021 LLC Medley LLC Units 2021-01-19 4 C 0 450000 0 D Class A Common Stock 450000 49999 I By Freedom 2021 LLC The securities were distributed pursuant to court approval of a marital settlement order for a divorce. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife. Pursuant to the terms of an exchange agreement, each Class A Unit of Medley is exchangeable for one share of Class A Common Stock of Medley Management Inc on a one-for-one basis and have no expiration date. These securities were held by a trust for which the reporting person serves as a trustee. These securities were held by a limited liability company, for which reporting person served as the managing member. These securities were held by a limited liability company, for which reporting person served as the managing member. Subsequent to and in connection with the court approval of a marital settlement agreement for a divorce, all Class A Medley LLC Units were transferred to a trust where reporting person is the sole trustee and beneficiary which trust then contributed the LLC Units to Freedom 2021 LLC. Each Class A Unit of Medley LLC was exchanged for one share of Class A Common Stock of Medley Management Inc. The Medley LLC Units were convertible at any time on a one-for-one basis and had no expiration date. Reporting Person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein. /s/ Seth Taube 2021-01-20