0001596771-21-000058.txt : 20210908
0001596771-21-000058.hdr.sgml : 20210908
20210908144725
ACCESSION NUMBER: 0001596771-21-000058
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210903
FILED AS OF DATE: 20210908
DATE AS OF CHANGE: 20210908
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Steinhardt Capital Investors, LLLP
CENTRAL INDEX KEY: 0001551339
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20167
FILM NUMBER: 211241690
BUSINESS ADDRESS:
STREET 1: 650 MADISON AVENUE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-371-7300
MAIL ADDRESS:
STREET 1: 650 MADISON AVENUE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Steinhardt Capital Management, LLC
CENTRAL INDEX KEY: 0001551341
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20167
FILM NUMBER: 211241689
BUSINESS ADDRESS:
STREET 1: 650 MADISON AVENUE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-371-7300
MAIL ADDRESS:
STREET 1: 650 MADISON AVENUE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Steinhardt David Russ
CENTRAL INDEX KEY: 0001551340
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20167
FILM NUMBER: 211241691
MAIL ADDRESS:
STREET 1: 650 MADISON AVENUE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MACKINAC FINANCIAL CORP /MI/
CENTRAL INDEX KEY: 0000036506
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 382062816
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 130 SOUTH CEDAR STREET
STREET 2: PO BOX 369
CITY: MANISTIQUE
STATE: MI
ZIP: 49854
BUSINESS PHONE: 9063418401
MAIL ADDRESS:
STREET 1: 130 S CEDAR ST
STREET 2: P O BOX 369
CITY: MANISTIQUE
STATE: MI
ZIP: 49854
FORMER COMPANY:
FORMER CONFORMED NAME: NORTH COUNTRY FINANCIAL CORP
DATE OF NAME CHANGE: 19990409
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST MANISTIQUE CORP
DATE OF NAME CHANGE: 19920703
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2021-09-03
1
0000036506
MACKINAC FINANCIAL CORP /MI/
MFNC
0001551340
Steinhardt David Russ
712 5TH AVE, 34TH FLOOR
NEW YORK
NY
10019
1
0
1
0
0001551339
Steinhardt Capital Investors, LLLP
712 5TH AVE, 34TH FLOOR
NEW YORK
NY
10019
0
0
1
0
0001551341
Steinhardt Capital Management, LLC
712 5TH AVE, 34TH FLOOR
NEW YORK
NY
10019
0
0
1
0
Common Stock
2021-09-03
4
D
0
16994
D
0
D
Common Stock
2021-09-03
4
D
0
1044557
D
0
I
By Steinhardt Capital Investors, LLLP
On September 3, 2021, pursuant to the Agreement and Plan of Merger ("Merger Agreement") dated as of April 12, 2021 by and between Nicolet Bankshares, Inc. ("Nicolet") and Mackinac Financial Corporation ("MFNC"), MFNC merged with and into Nicolet ("Merger"), and each outstanding share of MFNC common stock was converted into the right to receive 0.22 of a share of Nicolet common stock, with cash payable in lieu of a fractional share in an amount equal to the fraction of a share of Nicolet common stock which the holder would otherwise be entitled to receive multiplied by $4.64. In connection with the Merger, the reporting person has the right to receive, in exchange for all of the MFNC common stock reported in Table I, an aggregate of 233,540 shares of Nicolet common stock having a market value of $76.74 per share on the effective date of the Merger, and cash in lieu of a fractional share of Nicolet common stock, subject to any required tax withholding under applicable law.
Pursuant to the Merger Agreement, the amount of securities disposed of includes MFNC restricted shares. At the effective time of the Merger, any vesting conditions applicable to outstanding restricted share awards under MFNC's equity incentive plans automatically accelerated in full and such restricted shares converted into, and will be exchanged for, the merger consideration as described in note (1) above, less any applicable taxes required to be withheld with respect to such vesting.
The reported securities are owned directly by Steinhardt Capital Investors, LLLP, and indirectly by Steinhardt Capital Management, LLC, as general partner of Steinhardt Capital Investors, LLLP, and David R. Steinhardt as a manager of Steinhardt Capital Management, LLC. Steinhardt Capital Management, LLC and David R. Steinhardt disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.
/s/ David R. Steinhardt
2021-09-08
/s/ David R. Steinhardt, Manager of Steinhardt Capital Management, LLC, the General Partner of Steinhardt Capital Investors, LLLP
2021-09-08
/s/ David R. Steinhardt, Manager of Steinhardt Capital Management, LLC
2021-09-08