0000899243-20-010463.txt : 20200407
0000899243-20-010463.hdr.sgml : 20200407
20200407192322
ACCESSION NUMBER: 0000899243-20-010463
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200403
FILED AS OF DATE: 20200407
DATE AS OF CHANGE: 20200407
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Western Standard Partners QP, L.P.
CENTRAL INDEX KEY: 0001544857
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35409
FILM NUMBER: 20780801
BUSINESS ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
BUSINESS PHONE: 3109294300
MAIL ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WESTERN STANDARD PARTNERS LP
CENTRAL INDEX KEY: 0001450414
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35409
FILM NUMBER: 20780802
BUSINESS ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
BUSINESS PHONE: 310-929-4300
MAIL ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Western Standard LLC
CENTRAL INDEX KEY: 0001517666
STATE OF INCORPORATION: CA
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35409
FILM NUMBER: 20780803
BUSINESS ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
BUSINESS PHONE: 3107465639
MAIL ADDRESS:
STREET 1: 5900 WILSHIRE BLVD
STREET 2: SUITE 650
CITY: LOS ANGELES
STATE: CA
ZIP: 90036
FORMER NAME:
FORMER CONFORMED NAME: Western Standard, LLC
DATE OF NAME CHANGE: 20160129
FORMER NAME:
FORMER CONFORMED NAME: Western Standard LLC
DATE OF NAME CHANGE: 20110408
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Andersen Eric
CENTRAL INDEX KEY: 0001517667
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35409
FILM NUMBER: 20780804
MAIL ADDRESS:
STREET 1: 1507 BERKELEY ST
STREET 2: SUITE 7
CITY: SANTA MONICA
STATE: X1
ZIP: 90404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MERRIMACK PHARMACEUTICALS INC
CENTRAL INDEX KEY: 0001274792
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE BROADWAY
STREET 2: 14TH FLOOR
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
BUSINESS PHONE: 617-441-1000
MAIL ADDRESS:
STREET 1: ONE BROADWAY
STREET 2: 14TH FLOOR
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-04-03
0
0001274792
MERRIMACK PHARMACEUTICALS INC
MACK
0001517667
Andersen Eric
5900 WILSHIRE BOULEVARD, SUITE 650
LOS ANGELES
CA
90036
1
0
0
1
See remarks
0001517666
Western Standard LLC
5900 WILSHIRE BOULEVARD, SUITE 650
LOS ANGELES
CA
90036
0
0
0
1
See Remarks
0001450414
WESTERN STANDARD PARTNERS LP
5900 WILSHIRE BOULEVARD, SUITE 650
LOS ANGELES
CA
90036
0
0
0
1
See Remarks
0001544857
Western Standard Partners QP, L.P.
5900 WILSHIRE BOULEVARD, SUITE 650
LOS ANGELES
CA
90036
0
0
0
1
See Remarks
Common Stock
2020-04-03
4
P
0
10750
2.5976
A
677077
I
See Footnote
Common Stock
2020-04-06
4
P
0
6043
2.9965
A
683120
I
See Footnote
Common Stock
176586
I
See Footnote
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.46 to $2.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
The shares are directly held by WSP. The general partner of the Funds is Western Standard. The managing member of Western Standard and the portfolio manager to the Funds is Mr. Andersen. Each of Western Standard and Mr. Andersen disclaims beneficial ownership of the shares except to the extent of its or his pecuniary interest therein, if any, and this report shall not be deemed an admission that it or he is the beneficial owner of such shares.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.975 to $3.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
The shares are directly held by WSP QP. The general partner of the Funds is Western Standard. The managing member of Western Standard and the portfolio manager to the Funds is Mr. Andersen. Each of Western Standard and Mr. Andersen disclaims beneficial ownership of the shares except to the extent of its or his pecuniary interest therein, if any, and this report shall not be deemed an admission that it or he is the beneficial owner of such shares.
As a result of an agreement among the persons listed below to vote their respective shares of Common Stock jointly, such persons have formed a "group" under Section 13(d)(1) of the Exchange Act. In addition to Mr. Andersen, Western Standard, LLC ("Western Standard"), Western Standard Partners, LP ("WSP") and Western Standard Partners QP, LP ("WSP QP" and together with WSP, the "Funds") (collectively, the "Western Standard Parties"), the members of this group are Noah G. Levy, Newtyn Management, LLC, Newtyn Partners, Newtyn TE Partners, LP, Newtyn Capital Partners, LP, and Ledo Capital, LLC (collectively, the "Newtyn Parties" and collectively with the Western Standard Parties, the "13D Group").
As a member of the 13D Group, each Western Standard Party would be deemed to beneficially own the aggregate amount of the Common Stock that each of the 13D Group members beneficially owns, in which case it or he would be deemed to beneficially own 2,049,664 shares of Common Stock. However, none of the Western Standard Parties have the ability to direct the acquisition or disposition or, except through the Cooperation Agreement, voting of the securities held by Newtyn Parties, and none of the Newtyn Parties have the ability to direct the acquisition or disposition or, except through the Cooperation Agreement, voting of the securities held by the Western Standard Parties. As members of the 13D Group, the combined holdings of the Western Standard Parties and the Newtyn Parties would result in each Western Standard Party having voting power equivalent to a combined beneficial ownership of 15.3% of the Issuer's outstanding Common Stock for voting purposes. Each Western Standard Party disclaims beneficial ownership of the shares beneficially owned by the 13D Group except to the extent of its or his pecuniary interest therein, if any, and this report shall not be deemed an admission that it or he is the beneficial owner of such shares.
/s/ Eric D. Andersen
2020-04-07
Western Standard, LLC; /s/ Eric D. Andersen, Managing Member
2020-04-07
Western Standard Partners, LP; By: Western Standard, LLC, General Partner; /s/ Eric D. Andersen, Managing Member
2020-04-07
Western Standard Partners QP, LP; By: Western Standard, LLC, General Partner; /s/ Eric D. Andersen, Managing Member
2020-04-07