0001562151-19-000061.txt : 20191001 0001562151-19-000061.hdr.sgml : 20191001 20191001205858 ACCESSION NUMBER: 0001562151-19-000061 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190927 FILED AS OF DATE: 20191001 DATE AS OF CHANGE: 20191001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STEINBERG JOSEPH S CENTRAL INDEX KEY: 0000924255 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54866 FILM NUMBER: 191130665 MAIL ADDRESS: STREET 1: C/O LEUCADIA NATIONAL CORP STREET 2: 315 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10010 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Crimson Wine Group, Ltd CENTRAL INDEX KEY: 0001562151 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 133607383 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2700 NAPA VALLEY CORPORATE DRIVE STREET 2: SUITE B CITY: NAPA STATE: CA ZIP: 94558 BUSINESS PHONE: 800-486-0503 MAIL ADDRESS: STREET 1: 2700 NAPA VALLEY CORPORATE DRIVE STREET 2: SUITE B CITY: NAPA STATE: CA ZIP: 94558 FORMER COMPANY: FORMER CONFORMED NAME: Crimson WIne Group, Ltd DATE OF NAME CHANGE: 20121114 4 1 wf-form4_156997791357908.xml FORM 4 X0306 4 2019-09-27 0 0001562151 Crimson Wine Group, Ltd CWGL 0000924255 STEINBERG JOSEPH S C/O CRIMSON WINE GROUP LTD. 2700 NAPA VALLEY CORPORATE DRIVE NAPA CA 94558 1 0 1 0 Common Stock 2019-09-27 4 J 0 20000 7.45 D 200000 I By JSS Holding Corp - 1 Common Stock 2019-09-27 4 J 0 20000 7.45 A 200000 I By JSS Holding Corp - 1 Common Stock 2019-09-27 5 G 0 E 4568 0 D 200000 I By JSS Holding Corp - 1 Common Stock 2019-09-27 5 G 0 E 4568 0 A 200000 I By JSS Holding Corp - 1 Common Stock 2019-09-27 4 J 0 6114 7.45 D 200000 I By JSS Holding Corp - 3 Common Stock 2019-09-27 4 J 0 6114 7.45 A 200000 I By JSS Holding Corp - 3 Common Stock 469419 D Common Stock 107862 I By Paul S. Steinberg 2004 Trust Common Stock 107860 I By Sarah A. Steinberg 2004 Trust Common Stock 107860 I By Rachel C. Steinberg 2004 Trust Common Stock 57403 I By JSS 2010 Family Trust Common Stock 14400 I By Spouse Common Stock 720 I By Daughter Common Stock 70000 I By JSS Holding Corp - 2 Common Stock 200000 I By JSS Holding Corp - 4 Common Stock 200000 I By JSS Holding Corp - 5 Common Stock 200000 I By JSS Holding Corp - 6 Common Stock 200000 I By JSS Holding Corp - 7 Common Stock 114806 I By Steinberg Holding Inc - D Common Stock 114806 I By Steinberg Holding Inc - E Common Stock 114806 I By Steinberg Holding Inc - F Common Stock 114806 I By Steinberg Holding Inc - G The reporting person transferred a direct 10% interest in JSS Holding Corp - 1 to JSS 2010 Family Trust for an aggregate of approximately $4.1 million of cash and marketable securities. The reporting person transferred a direct 2.284% interest in JSS Holding Corp - 1 to the reporting person's spouse as a gift. The reporting person transferred an indirect 3.057% interest held by a family trust in JSS Holding Corp - 3 to JSS 2010 Family Trust in satisfaction of the principal and interest due under two promissory notes in the aggregate amount of $736,614. Exhibit List: Exhibit 24 - Power of Attorney /s/ Karen L. Diepholz, as Attorney-in-Fact 2019-10-01 EX-24 2 ex-24.htm POWER OF ATTORNEY - JOSEPH STEINBERG
EXHIBIT 24

CRIMSON WINE GROUP, LTD.

LIMITED POWER OF ATTORNEY
FOR SECTION 16 REPORTING OBLIGATIONS

Know all by these presents that the undersigned hereby makes, constitutes and appoints Karen Diepholz as the undersigned's true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:

(1)    prepare and execute Forms 3, 4 and 5 (including any amendments thereto) with respect to the common stock of Crimson Wine Group, Ltd., a Delaware corporation (the "Company"), and to file the same with the United States Securities and Exchange Commission, any national securities exchanges and the Company, as considered necessary or advisable under Section 16(a) of  the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from time to time (the "Exchange Act") and the Sarbanes-Oxley Act of 2002 (the "Sarbanes-Oxley Act");

(2)    seek or obtain, as the undersigned's representative and on the undersigned's behalf, information on transactions in the Company's common stock from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information; and

(3)    perform any and all other acts (including, but not limited to, the filing of Form ID to obtain EDGAR Access Codes) which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.
The undersigned acknowledges that:

(a)    any documents prepared and/or executed by any of such attorney-in-fact on behalf of the undersigned pursuant to this power of attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable;

(b)    this power of attorney authorizes, but does not require, such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information;

(c)    neither the Company nor such attorney-in-fact assumes (i) any liability for the undersigned's responsibility to comply with the requirements of the Securities Act of 1933, as amended (the "Securities Act"), the Exchange Act or the Sarbanes-Oxley Act (as applicable), (ii) any liability of the undersigned for any failure to comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

(d)    this power of attorney does not relieve the undersigned from responsibility for compliance with the undersigned's obligations under the Securities Act and the Exchange Act, including, but not limited to, the reporting requirements under Section 16(a) of the Exchange Act.

The undersigned hereby gives and grants the foregoing attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that such attorney-in-fact of, for and on behalf of the undersigned shall lawfully do or cause to be done by virtue of this power of attorney.

This power of attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to the Secretary of the Company.

IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of the date set forth below.

By:    /s/ Joseph S. Steinberg
Name:    Joseph S. Steinberg
Date:    August 26, 2019