SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SGF, LLC

(Last) (First) (Middle)
30 NORTH LASALLE STREET, SUITE 1232

(Street)
CHICAGO IL 60602

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CASTLE A M & CO [ CASLQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 08/31/2017 J(7) 8,759,076 D $0.00 0 D
Common Stock(1) 08/31/2017 J(8) 107,850 A $0.00 107,850 D
Common Stock(2) 08/31/2017 J(7) 153,990 D $0.00 0 D
Common Stock(2) 08/31/2017 J(8) 1,231 A $0.00 1,231 D
Common Stock(3) 08/31/2017 J(7) 33,471 D $0.00 0 D
Common Stock(3) 08/31/2017 J(8) 412 A $0.00 412 D
Common Stock(4) 08/31/2017 J(7) 14,739 D $0.00 0 I See Footnote(9)
Common Stock(4) 08/31/2017 J(8) 181 A $0.00 181 I See Footnote(9)
Common Stock(5) 08/31/2017 J(7) 0 D $0.00 0 D
Common Stock(5) 08/31/2017 J(8) 0 A $0.00 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Exchange Notes(6) $0.2654 08/31/2017 A 17,775,807 08/31/2017 08/31/2022 Common Stock 4,717,699 $0.00(10) 17,775,807 D
New Money Notes(6) $0.2654 08/31/2017 A 7,125,323 08/31/2017 08/31/2022 Common Stock 1,891,061 $5,700,258(11) 7,125,323 D
1. Name and Address of Reporting Person*
SGF, LLC

(Last) (First) (Middle)
30 NORTH LASALLE STREET, SUITE 1232

(Street)
CHICAGO IL 60602

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
WB & CO

(Last) (First) (Middle)
30 NORTH LASALLE STREET
SUITE 1232

(Street)
CHICAGO IL 60602

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Mellin Jonathan

(Last) (First) (Middle)
1420 KENSINGTON ROAD
SUITE 220

(Street)
OAK BROOK IL 60523

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Donnelley Reuben Simpson

(Last) (First) (Middle)
1420 KENSINGTON ROAD
SUITE 220

(Street)
OAK BROOK IL 60523

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FOM Corp

(Last) (First) (Middle)
30 NORTH LASALLE STREET
SUITE 1232

(Street)
CHICAGO IL 60602

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These shares are beneficially owned by WB&Co ("WBC"). The Reporting Person disclaims beneficial ownership of any shares of New Common Stock, except to the extent of any pecuniary interest such Reporting Person may have.
2. These shares are beneficially owned by Jonathan Mellin ("Mr. Mellin"). The Reporting Person disclaims beneficial ownership of any shares of New Common Stock, except to the extent of any pecuniary interest such Reporting Person may have.
3. These shares are beneficially owned by Reuben Donnelley ("Mr. Donnelley"). The Reporting Person disclaims beneficial ownership of any shares of New Common Stock, except to the extent of any pecuniary interest such Reporting Person may have.
4. Mr. Donnelley may be deemed to beneficially own these shares, which are held by an immediate family member who shares Mr. Donnelley's household. The Reporting Person disclaims beneficial ownership of any shares of New Common Stock, except to the extent of any pecuniary interest such Reporting Person may have.
5. FOM Corp. ("FOM") does not have beneficial ownership of any shares of Common Stock.
6. These securities are beneficially owned by SGF, LLC ("SGF"). The Reporting Person disclaims beneficial ownership of any shares of New Common Stock, except to the extent of any pecuniary interest such Reporting Person may have.
7. On August 31, 2017 (the "Effective Date"), A.M. Castle & Co. (the "Issuer") was reorganized pursuant to a Plan of Reorganization (the "Plan"). Under the terms of the Plan, on that date all of the Issuer's previously issued and outstanding common stock was automatically cancelled and extinguished, including the common stock beneficially owned, or deemed to be beneficially owned, by WBC, Mr. Mellin, Mr. Donnelley, and FOM (WBC, Mr. Mellin, Mr. Donnelley, and FOM, collectively, and together with SGF, the "Reporting Persons").
8. On the Effective Date, and pursuant to and upon effectiveness of the Plan, holders of common stock outstanding immediately before effectiveness who did not object to the Plan and who did not opt-out of certain releases provided in the Plan were issued an aggregate of 400,000 shares of the Issuer's common stock, par value $0.01 per share (the "New Common Stock"), simultaneously with the cancellation and extinguishment of shares described in footnote 7 above. Each of the Reporting Persons, other than SGF, was eligible to receive, and was issued its or his pro rata share of, such shares of New Common Stock.
9. Held by an immediate family member who shares Mr. Donnelley's household. Mr. Donnelley disclaims beneficial ownership of the shares owned by the immediate family member.
10. On the Effective Date, and pursuant to the Plan, the Prepetition Second Lien Secured Claims (as defined in the Plan) held by holders thereof were extinguished and the holders were issued certain Exchange Notes (as defined in the Plan). The Exchange Notes are convertible, at any time at the option of the holder, in the aggregate, into 1,300,000 shares of New Common Stock (or .2654 shares of New Common Stock for each $1 principal amount). SGF was a holder of Prepetition Second Lien Secured Claims and as such received its pro rata share of such Exchange Notes, having an aggregate principal amount of $17,775,807, convertible into 4,717,699 shares of New Common Stock.
11. On the Effective Date, and pursuant to the Plan, certain holders of indebtedness of the Issuer subscribed for and purchased New Money Notes (as defined in the Plan). The New Money Notes are convertible, at any time at the option of the holder, in the aggregate, into 3,051,818 shares of New Common Stock (or .2654 shares of New Common Stock for each $1 principal amount). SGF subscribed for and purchased New Money Notes having an aggregate principal amount of $7,125,323, convertible into 1,891,061 shares of New Common Stock.
Remarks:
The Reporting Persons are all associated with an extended family group and various trusts, estates and estate planning vehicles established by certain deceased and surviving family members. Mr. Mellin acts in various capacities with respect to the family interests and has been deputized by certain family members, trusts, estates and estate planning vehicles (the "Deputizing Persons"), including the Reporting Persons, to serve on the board of directors of the reorganized Issuer. The Reporting Persons (together with certain of the other Deputizing Persons) may be deemed to constitute a group pursuant to Rule 13d-5(b) of the Securities Exchange Act of 1934. Each Reporting Person disclaims beneficial ownership of any shares of New Common Stock held by any other Reporting Person or Deputizing Person, except to the extent of any pecuniary interest such Reporting Person may have. Pursuant to the Plan, the Reporting Persons entered into a Stockholders Agreement by and among the Issuer, the Reporting Persons and certain other holders of New Common Stock (the "Stockholders Agreement"). The Stockholders Agreement provides, among other things, for the election of directors to the reorganized Issuer's board, for preemptive rights for certain stockholders, and for certain provisions relating to the sale or transfer of New Common Stock by the parties to the Stockholders Agreement. The Reporting Persons may be deemed as part of a group consisting of the stockholder parties to the Stockholders Agreement. Each Reporting Person disclaims beneficial ownership of any shares of New Common Stock held by any other party to the Stockholders Agreement, except to the extent of any pecuniary interest such Reporting Person may have.
SGF, LLC, By: /s/ Reuben S. Donnelley, Managing Member 09/05/2017
WB & Co, By: /s/ Jonathan B. Mellin, General Partner 09/05/2017
/s/ Jonathan B. Mellin 09/05/2017
/s/ Reuben S. Donnelley 09/05/2017
FOM Corp, By: /s/ Jonathan B. Mellin, President 09/05/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.