Sec Form 4 Filing - Solace Capital Partners, L.P. @ Select Interior Concepts, Inc. - 2018-09-25

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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
Solace Capital Partners, L.P.
2. Issuer Name and Ticker or Trading Symbol
Select Interior Concepts, Inc. [ SIC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
11111 SANTA MONICA BLVD, SUITE 1275,
3. Date of Earliest Transaction (MM/DD/YY)
09/25/2018
(Street)
LOS ANGELES, CA90025
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
Class A Common Stock 09/25/2018 P 500,000 A $ 10.2 4,036,439 ( 1 ) I ( 2 ) See Footnote ( 2 )
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
Solace Capital Partners, L.P.
11111 SANTA MONICA BLVD, SUITE 1275
LOS ANGELES, CA90025
X See Remarks
Solace General Partner, LLC
11111 SANTA MONICA BLVD, SUITE 1275
LOS ANGELES, CA90025
X See Remarks
Solace Capital Special Situations Fund, L.P.
11111 SANTA MONICA BOULEVARD
SUITE 1275
LOS ANGELES, CA90025
X See Remarks
Gateway Securities Holdings, LLC
11111 SANTA MONICA BLVD.
SUITE 1275
LOS ANGELES, CA90025
X See Remarks
Signatures
Solace Capital Partners, L.P., By: Xavier Corzo, Principal, Chief Administrative Officer & Chief Compliance Officer 09/26/2018
Signature of Reporting Person Date
Solace General Partner LLC, By: Xavier Corzo, Principal, Chief Administrative Officer & Chief Compliance Officer 09/26/2018
Signature of Reporting Person Date
Solace Capital Special Situations Fund, L.P., By: Solace Capital Partners, L.P., its investment manager, By: Xavier Corzo, Principal, Chief Administrative Officer & Chief Compliance Officer 09/26/2018
Signature of Reporting Person Date
Gateway Securities Holdings, LLC, By Solace Capital Partners, L.P., its Manager, By: Xavier Corzo, Principal, Chief Administrative Officer & Chief Compliance Officer 09/26/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This figure reflects the 36,439 shares of Class A Common Stock ("Common Stock") the Reporting Persons received on August 15, 2018, in connection with the special stock dividend declared by the Issuer on August 15, 2018, and payable to all holders of Common Stock on August 15, 2018. This stock dividend payment was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, by Rule 16a-9(a) thereunder.
( 2 )Solace Capital Partners, L.P. ("Solace Capital") is the investment manager of, and Solace General Partner, LLC ("Solace GP") is the general partner of, Solace Capital Special Situations Fund, L.P. ("Solace Special Situations"), which is the 100% owner of Gateway Securities Holdings, LLC, which directly holds the Common Stock reported herein. Each of Solace Capital and Solace GP disclaims beneficial ownership of the shares of Common Stock reported herein, except to the extent of its pecuniary interest, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:
Brett Wyard, a managing partner of each of the general partner of Solace Capital and of Solace GP, serves on the Board as a representative of Solace Capital. By virtue of his representation on the Board, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed to be directors of the Issuer by deputization.

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