Sec Form 4 Filing - LAVINE JONATHAN S @ ACCURIDE CORP - 2010-11-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LAVINE JONATHAN S
2. Issuer Name and Ticker or Trading Symbol
ACCURIDE CORP [ ACW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARNEDON ST.
3. Date of Earliest Transaction (MM/DD/YY)
11/29/2010
(Street)
BOSTON, MA02116
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.01 per share 11/29/2010 C 2,636,779 A $ 9.36 4,003,574 ( 5 ) I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/02/2011 S 175,000 D $ 13.14 3,828,574 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/03/2011 S 100,000 D $ 13.12 3,728,574 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/06/2011 S 150,000 D $ 13.02 3,578,574 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/07/2011 S 50,000 D $ 13.01 3,528,574 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/08/2011 S 87,720 D $ 12. 8 3,440,854 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 06/14/2011 S 10,000 D $ 13 3,430,854 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/07/2011 S 28,406 D $ 13 3,402,448 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/08/2011 S 16,317 D $ 13.07 3,386,131 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/13/2011 S 200,000 D $ 13.01 3,186,131 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/22/2011 S 50,000 D $ 12.97 3,136,131 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/25/2011 S 100,000 D $ 12.83 3,036,131 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/26/2011 S 32,900 D $ 12.3 3,003,231 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 07/28/2011 S 94,861 D $ 11.78 2,908,370 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Common Stock, par value $0.01 per share 09/27/2011 S 475,000 D $ 6.22 2,433,370 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
7.5% Convertible Note $ 9.36 11/29/2010 C 30,993,366.57 02/26/2010 02/26/2020 Common Stock 2,636,779 $ 0 0 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LAVINE JONATHAN S
C/O SANKATY ADVISORS, LLC
JOHN HANCOCK TOWER, 200 CLARNEDON ST.
BOSTON, MA02116
X
SANKATY CREDIT MEMBER, LLC
C/O SANKATY ADVISORS, LLC
111, HUNTINGTON AVENUE
BOSTON, MA02111
X
SANKATY CREDIT OPPORTUNITIES LP
111 HUNTINGTON AVENUE
BOSTON, MA02199
X
SANKATY CREDIT OPPORTUNITIES III LP
C/O SANKATY ADVISORS, LLC
111, HUNTINGTON AVENUE
BOSTON, MA02111
X
SANKATY CREDIT OPPORTUNITIES IV LP
111, HUNTINGTON AVENUE
BOSTON, MA02199
X
SANKATY CREDIT OPPORTUNITIES (OFFSHORE) IV LP
111, HUNTINGTON AVENUE
BOSTON, MA02199
X
SANKATY CREDIT OPPORTUNITIES II LP
C/O SANKATY ADVISORS, LLC
111 HUNTINGTON AVENUE
BOSTON, MA02111
X
PROSPECT FUNDING I LLC
111 HUNTINGTON AVENUE
BOSTON, MA02199
X
Sankaty Credit Opportunities Investors II, LLC
C/O SANKATY ADVISORS, LLC
111, HUNTINGTON AVENUE
BOSTON, MA02111
X
Sankaty Credit Opportunities Investors III, LLC
C/O SANKATY ADVISORS, LLC
111, HUNTINGTON AVENUE
BOSTON, MA02111
X
Signatures
/s/ Jonathan S. Lavine 03/08/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Following the reported transactions, includes (i) 0 shares held by Sankaty Credit Opportunities, L.P. ("SCO"), whose sole general partner is Sankaty Credit Opportunities Investors, LLC ("SCI"), whose managing member is Sankaty Credit Member, LLC ("SCM"), (ii) 80,000 shares held by Sankaty Credit Opportunities II, L.P, ("SCO II"), whose general partner is Sankaty Credit Opportunities Investors II, LLC ("SCI II"), whose managing member is SCM, (iii) 1,428,650 shares held by Sankaty Credit Opportunities III, L.P. ("SCO III"), whose sole general partner is Sankaty Credit Opportunities Investors III, LLC ("SCI III"), whose sole managing member is SCM, (iv) 403,615 shares held by Sankaty Credit Opportunities IV, L.P. ("SCO IV"), whose sole general partner is Sankaty Credit Opportunities Investors IV, LLC ("SCI IV"), whose managing member is SCM, and (v) 0 shares held by Prospect Funding I, LLC ("PF1"), (Continues in footnote 2 )
( 2 )(Continued from footnote 1 ) whose sole member is Prospect Harbor Credit Partners, L.P. ("PHCP"), whose sole general partner is Prospect Harbor Investors, LLC ("PHI"), whose managing member is SCM. Each of the foregoing entities disclaims beneficial ownership of the shares reported herein, except to the extent of its pecuniary interest.
( 3 )Jonathan S. Lavine is the managing member of SCM and as a result may be deemed to share voting and dispositive power with respect to the shares held by SCO, SCO II, SCO III, SCO IV, and PF1. Mr. Lavine disclaims beneficial ownership of such shares, except to the extent of his pecuniary interests therein.
( 4 )Following the reported transactions, includes 521,093 shares held by Sankaty Credit Opportunities (Offshore Master) IV, L.P. ("SCOM IV"), whose sole general partner is Sankaty Credit Opportunities Investors (Offshore) IV, L.P. ("SCIO IV"), whose sole general partner Sankaty Credit Member (Offshore), Ltd ("SCMO"). Jonathan S. Lavine is the sole director of SCMO and as a result may be deemed to share voting and dispositive power with respect to the shares held by SCOM IV. Each of SCIO IV, SCMO and Mr. Lavine disclaims beneficial ownership of the shares reported herein, except to the extent of their respective pecuniary interests therein.
( 5 )On November 19, 2010, the Issuer effected a reverse stock split of its issued and outstanding shares of common stock at a ratio of 10:1. Fractional shares were not distributed and the issuer provided cash payment for 5.5 shares.

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