Sec Form 4 Filing - Landaw Jared L. @ BARINGTON/HILCO ACQUISITION CORP. - 2015-11-24

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Landaw Jared L.
2. Issuer Name and Ticker or Trading Symbol
BARINGTON/HILCO ACQUISITION CORP. [ BHAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Secretary
(Last) (First) (Middle)
888 SEVENTH AVENUE, 6TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
11/24/2015
(Street)
NEW YORK,, NY10019
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 11/24/2015 P 4,695 ( 1 ) A $ 0.02 11,195 D
Common Stock 11/24/2015 P 1,500 ( 2 ) A $ 10 1,500 D
Common Stock 01/08/2018 J 4,695 D 6,500 D
Common Stock 1,500 ( 4 ) D
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)
(In str. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $ 12.5 11/24/2015 P 750 ( 5 ) ( 6 ) Common Stock 750 ( 2 ) $ 10 750 D
Right ( 7 ) 11/24/2015 P 150 ( 8 ) ( 9 ) Common Stock 150 ( 2 ) $ 10 150 D
Warrants $ 12.5 01/08/2018 J( 3 ) 750 ( 5 ) ( 6 ) Common Stock 750 ( 4 ) ( 3 ) 0 D
Right ( 7 ) ( 8 ) ( 9 ) Common Stock 150 ( 4 ) 150 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Landaw Jared L.
888 SEVENTH AVENUE, 6TH FLOOR
NEW YORK,, NY10019
X Secretary
Signatures
/s/ Jared L. Landaw 02/21/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )4,695 insider shares were acquired pursuant to a private purchase on November 24, 2015 (the "2015 Purchase").
( 2 )Represents the shares of common stock underlying the 1,500 Units of the Issuer that the Reporting Person acquired pursuant to the 2015 Purchase. Each unit ("Unit") consists of one share of common stock, one right ("Right") to automatically receive one-tenth of one share of common stock upon consummation of the Issuer's initial business combination and one warrant ("Warrant") for the purchase of one-half of one share of common stock at a price of $12.50 per full share.
( 3 )In connection with the transfer of shares of common stock and warrants of the Issuer, pursuant to an agreement, dated January 3, 2018 (the "Agreement"), between the Issuer, the purchasers party thereto (the "Purchasers"), the Reporting Person and other sellers party thereto, the Purchasers agreed that they would cause to be paid certain obligations of the Issuer in the amount of approximately $2,213,229.11.
( 4 )Represents the shares of common stock underlying the 1,500 Units of the Issuer that the Reporting Person acquired pursuant to the 2015 Purchase. Each Unit consists of one share of common stock and one Right. The related Warrant was transferred to the Purchasers pursuant to the transactions contemplated by the Agreement.
( 5 )Latter of (i) completion of initial business combination and (ii) 12 months from date of prospectus.
( 6 )3 years after completion of initial business combination.
( 7 )N/A
( 8 )Each Right entitles the holder to automatically receive one-tenth (1/10) of one share of the Issuer's common stock upon consummation of the Issuer's initial business combination.
( 9 )If the Issuer fails to consummate an initial business combination by June 30, 2018 (unless the date to consummate a business transaction is extended), the Issuer will be dissolved and the Rights will expire worthless.

Remarks:
Pursuant to the Agreement, the Reporting Person resigned as an officer and director of the Issuer on January 4, 2018, and is no longer a Reporting Person. Certain of the shares beneficially owned by the Reporting Person were disposed of on January 8, 2018. Although no longer a Reporting Person and not required to file this Form 4, the Reporting Person has elected to file this Form 4 with respect to the disposition of certain of his shares and warrants.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.