Sec Form 4 Filing - Dalal Street, LLC @ Horsehead Holding Corp - 2016-01-19

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
Dalal Street, LLC
2. Issuer Name and Ticker or Trading Symbol
Horsehead Holding Corp [ ZINC]
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)
1220 ROOSEVELT, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
01/19/2016
(Street)
IRVINE, CA92620
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 01/19/2016 01/19/2016 S 565,156 D $ 0.43 ( 2 ) 7,734,975 I See Footnote ( 1 )
Common Stock 01/20/2016 01/20/2016 S 2,414,196 D $ 0.46 ( 3 ) 5,320,779 I See Footnote ( 1 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dalal Street, LLC
1220 ROOSEVELT
SUITE 200
IRVINE, CA92620
X
Signatures
Julie Teltscher, Chief Compliance Officer of Dalal Street, LLC 01/21/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Securities reported for Dalal Street, LLC (the "LLC") represent Common Stock beneficially owned and held of record by 3 private funds (Pabrai Investment Fund 2, L.P., Pabrai Investment Fund 3, Ltd. and Pabrai Investment Fund IV, L.P.) managed by the LLC, Mohnish Pabrai and Harina Kapoor JTWROS and 7 managed accounts (Aikyum, Inc., Harina Kapoor IRA, Monsoon Pabrai, Momachi Pabrai, The Dakshana Foundation, Dhando Holdings Corporation ("Dhandho") and Stonetrust Commercial Insurance Company (a wholly-owned indirect subsidiary of Dhando)) managed by Mr. Pabrai. Mr. Pabrai is the managing member of the LLC and the President of Dhandho. The LLC, private funds, managed accounts, Dhandho and Mr. Pabrai (the "Reporting Persons") are each beneficial owners. The Reporting Persons disclaim beneficial ownership, within the meaning of Section 16 of the Exchange Act, or otherwise of such portion of the Common Stock in which the Reporting Persons have no actual pecuniary interest therein.
( 2 )The price information provided above is the weighted average sales price for the transactions reported on that line. The sales prices for these transactions ranged from $0.41 to $0.46. The Reporting Persons (as defined above) undertake to provide upon request by the SEC Staff, the issuer or any securityholder full information regarding the number of shares sold at each separate price.
( 3 )The price information provided above is the weighted average sales price for the transactions reported on that line. The sales prices for these transactions ranged from $0.40 to $0.56. The Reporting Persons (as defined above) undertake to provide upon request by the SEC Staff, the issuer or any securityholder full information regarding the number of shares sold at each separate price.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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