Sec Form 3/A Filing - Ancora Advisors, LLC @ BIG LOTS INC - 2020-03-04

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FORM 3/A
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
Ancora Advisors, LLC
2. Issuer Name and Ticker or Trading Symbol
BIG LOTS INC [ BIG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Explanation of Responses
(Last) (First) (Middle)
6060 PARKLAND BOULEVARD, SUITE 200,
3. Date of Earliest Transaction (MM/DD/YY)
03/04/2020
(Street)
CLEVELAND, OH44124
4. If Amendment, Date Original Filed (MM/DD/YY)
03/13/2020
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 $0.01 par value ( 1 ) 703,314 I See Footnote ( 2 )
Common Stock $0.01 par value ( 1 ) 69,754 I See Footnote ( 3 )
Common Stock $0.01 par value ( 1 ) 637,911 I See Footnote ( 4 )
Common Stock $0.01 par value ( 1 ) 48,468 I See Footnote ( 5 )
Common Stock $0.01 par value ( 1 ) 549,756 I See Footnote ( 6 )
Common Stock $0.01 par value ( 1 ) 453,140 I See Footnote ( 7 )
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
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 221,600 I See Footnote ( 2 )
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 22,000 I See Footnote ( 3 )
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 177,600 I See Footnote ( 4 )
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 12,800 I See Footnote ( 5 )
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 162,400 I See Footnote ( 6 )
Call Options (right to buy) $ 17.5 03/02/2019 04/17/2020 Common Stock $0.01 par value 153,600 I See Footnote ( 7 )
Put Options (obligation to buy) $ 27.5 01/23/2020 03/20/2020 Common Stock $0.01 par value 45,000 I See Footnote ( 2 )
Put Options (obligation to buy) $ 27.5 01/23/2020 03/20/2020 Common Stock $0.01 par value 5,000 I See Footnote ( 3 )
Put Options (obligation to buy) $ 27.5 01/23/2020 03/20/2020 Common Stock $0.01 par value 46,500 I See Footnote ( 4 )
Put Options (obligation to buy) $ 27.5 01/23/2020 03/20/2020 Common Stock $0.01 par value 3,500 I See Footnote ( 5 )
Put Options (obligation to buy) $ 27.5 ( 8 ) 03/20/2020 Common Stock $0.01 par value 23,900 I See Footnote ( 7 )
Put Options (obligation to buy) $ 25 02/14/2020 03/20/2020 Common Stock $0.01 par value 4,700 I See Footnote ( 7 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ancora Advisors, LLC
6060 PARKLAND BOULEVARD, SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
ANCORA MERLIN INSTITUTIONAL, LP
ANCORA ADVISORS LLC
6060 PARKLAND BOULEVARD, SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Ancora Merlin, LP
6060 PARKLAND BOULEVARD
SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Ancora Catalyst Institutional, LP
ANCORA ADVISORS LLC
6060 PARKLAND BOULEVARD, SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Ancora Catalyst, LP
6060 PARKLAND BOULEVARD
SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Ancora Catalyst SPV I LP
6060 PARKLAND BOULEVARD
SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Ancora Catalyst SPV I SPC Ltd. - Segregated Portfolio C
94 SOLARIS AVENUE, PO BOX 1348
CAMANA BAY
GRAND CAYMAN, E9KY1-1108
See Explanation of Responses
DiSanto Frederick D.
6060 PARKLAND
SUITE 200
CLEVELAND, OH44124
See Explanation of Responses
Signatures
Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Merlin Institutional LP; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Merlin, LP; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Catalyst Institutional, LP; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Catalyst, LP; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Catalyst SPV I LP; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Ancora Catalyst SPV I SPC Ltd. - Segregated Portfolio C; By: Ancora Advisors, LLC; By: /s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
/s/ Frederick DiSanto 03/17/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 3 is filed jointly by Ancora Merlin Institutional LP ("Ancora Merlin Institutional"), Ancora Merlin, LP ("Ancora Merlin"), Ancora Catalyst Institutional, LP ("Ancora Catalyst Institutional"), Ancora Catalyst, LP ("Ancora Catalyst"), Ancora Catalyst SPV I LP ("Ancora SPV I"), Ancora Catalyst SPV I SPC Ltd. - Segregated Portfolio C ("Ancora SPV I Ltd"), Ancora Advisors, LLC ("Ancora Advisors") and Frederick DiSanto (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock, par value $0.01 (the "Common Stock"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
( 2 )Securities owned directly by Ancora Merlin Institutional. As the investment advisor of Ancora Merlin Institutional, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora Merlin Institutional. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora Merlin Institutional.
( 3 )Securities owned directly by Ancora Merlin. As the investment advisor of Ancora Merlin, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora Merlin. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora Merlin.
( 4 )Securities owned directly by Ancora Catalyst Institutional. As the investment advisor of Ancora Catalyst Institutional, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora Catalyst Institutional. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora Catalyst Institutional.
( 5 )Securities owned directly by Ancora Catalyst. As the investment advisor of Ancora Catalyst, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora Catalyst. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora Catalyst.
( 6 )Securities owned directly by Ancora SPV I. As the investment advisor of Ancora SPV I, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora SPV I. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora SPV I.
( 7 )Securities owned directly by Ancora SPV I Ltd. As the investment advisor of Ancora SPV I Ltd, Ancora Advisors may be deemed to beneficially own the securities owned directly by Ancora SPV I Ltd. As the Chairman and Chief Executive Officer, Mr. DiSanto may be deemed to beneficially own the securities owned directly by Ancora SPV I Ltd.
( 8 )Such options are exercisable as of March 4, 2020 and were immediately exercisable upon their acquisition.

Remarks:
This Amended Form 3 is filed on behalf of Ancora Merlin Institutional, Ancora Merlin, Ancora Catalyst Institutional, Ancora Catalyst, Ancora SPV I, Ancora SPV I Ltd, Ancora Advisors and Frederick DiSanto (collectively, the "Reporting Persons"). At the original filing date, Ancora Merlin, Ancora Catalyst and Frederick DiSanto did not have the necessary SEC filing codes. Ancora Merlin, Ancora Catalyst and Frederick DiSanto have since obtained the necessary filing codes and are filing this amendment accordingly.

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