Sec Form 4 Filing - SINGER JULIAN D. @ CCUR Holdings, Inc. - 2019-11-04

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
SINGER JULIAN D.
2. Issuer Name and Ticker or Trading Symbol
CCUR Holdings, Inc. [ CCUR]
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)
2200 FLETCHER AVENUE, SUITE 501
3. Date of Earliest Transaction (MM/DD/YY)
11/04/2019
(Street)
FORT LEE, NJ07024
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 3,586,269 ( 1 ) I by JDS1, LLC
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
Stock Appreciation Rights ( 2 ) 11/04/2019 P 87,997 ( 2 ) 11/04/2029 Common Stock 87,997 ( 2 ) 251,781 I by CIDM, LLC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SINGER JULIAN D.
2200 FLETCHER AVENUE, SUITE 501
FORT LEE, NJ07024
X
Signatures
Julian Singer 11/06/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The responding person declaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reportingperson is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
( 2 )Pursuant to an Agreement between the Issuer and CIDM, LLC, dated May 13, 2019 (the "Agreement") and in connection with that certain Management Agreement between the Issuer and CIDM, LLC, the Issuer awarded stockappreciation rights to CIDM, LLC. Pursuant to the Agreement such stock appreciation rights may only be exercised upon a Change of Control (as defined in the Agreement) by the Issuer. In addition, pursuant to the agreementCIDM, LLC has the right to receive in cash, on the date of exercise of each stock appreciation right, the excess of (a) the Market Value (asdefined in the Agreement ) per share (b) on the date of exercise over the Base Price(as defined in the Agreement)

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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