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