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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
NATIONAL CINEMEDIA INC COM 635309107 114,988 15,773,390 SH   SOLE   15,773,390 0 0
STANDARD DIVERSIFIED INC COM CL A 85336L109 91,374 6,237,143 SH   SOLE   6,237,143 0 0
TEGNA INC COM 87901J105 318,928 19,108,953 SH   SOLE   19,108,953 0 0
TURNING PT BRANDS INC COM 90041L105 18,830 658,398 SH   SOLE   658,398 0 0
TWIN RIV WORLDWIDE HLDGS INC COM 90171V204 314,417 12,257,960 SH   SOLE   12,257,960 0 0