Sec Form 4 Filing - Cetus Capital, LLC @ ACCURIDE CORP - 2016-11-18

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
Cetus Capital, LLC
2. Issuer Name and Ticker or Trading Symbol
ACCURIDE CORP [ ACW]
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)
8 SOUND SHORE DRIVE, SUITE 303
3. Date of Earliest Transaction (MM/DD/YY)
11/18/2016
(Street)
GREENWICH, CT06830
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
Common Stock 11/18/2016 M 26,402 A $ 0 137,850 D ( 1 )
Common Stock 11/18/2016 S 137,850 D $ 2.58 0 D ( 2 )
Common Stock 11/18/2016 S 2,375,763 D $ 2.58 0 D ( 3 )
Common Stock 11/18/2016 S 4,182,716 D $ 2.58 0 D ( 4 )
Common Stock 11/18/2016 S 1,153,655 D $ 2.58 0 D ( 5 )
Common Stock 11/18/2016 S 477,801 D $ 2.58 0 D ( 6 )
Common Stock 11/18/2016 S 8,650 D $ 2.58 0 D ( 7 )
Common Stock 11/18/2016 S 16,781 D $ 2.58 0 D ( 8 )
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
Restricted Stock Units ( 1 ) 11/18/2016 M 26,402 ( 1 ) ( 1 ) Common Stock 26,402 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cetus Capital, LLC
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
SG Distressed Fund, LP
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Maybaum Richard E.
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Cetus Capital II, LLC
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Littlejohn Opportunities GP LLC
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Littlejohn Opportunities Master Fund LP
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Littlejohn Associates IV, L.L.C.
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Davis Robert E.
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X X
Littlejohn Fund III L P
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
LITTLEJOHN ASSOCIATES III, L.L.C.
8 SOUND SHORE DRIVE
SUITE 303
GREENWICH, CT06830
X
Signatures
Robert E. Davis, Authorized Signatory for each Reporting Person 11/21/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to the Agreement and Plan of Merger, dated September 2, 2016 (the "Merger Agreement"), by and among the Issuer, Armor Parent Corp. and Armor Merger Corp., each restricted stock unit held by Mr. Robert E. Davis at the effective time of the transactions contemplated by the Merger Agreement was automatically vested and was converted into one share of the Issuer's Common Stock.
( 2 )These shares are directly owned by Robert E. Davis, who is a portfolio manager for Cetus Capital, LLC ("Cetus"), Cetus Capital II, LLC ("Cetus II"), Cetus Capital III, L.P. ("Cetus III"), Littlejohn Opportunities Master Fund LP ("Opportunities Master Fund") and SG Distressed Fund, LP ("Distressed Fund"). Mr. Davis disclaims any beneficial ownership of the shares included in this report except to the extent of his respective pecuniary interests therein, and this report shall not be deemed an admission that Mr. Davis is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 3 )These shares are directly owned by Cetus. Littlejohn Fund III, L.P. ("Fund III"), as the sole member of Cetus, and Littlejohn Associates III, L.L.C. ("Associates III"), the general partner of Fund III, may each be deemed to be the indirect beneficial owner of these shares. Each of Fund III and Associates III disclaim any beneficial ownership of the shares included in this report except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that Fund III or Associates III is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 4 )These shares are directly owned by Cetus II. Littlejohn Fund IV, L.P. ("Fund IV"), as the sole member of Cetus II, and Littlejohn Associates IV, L.L.C. ("Associates IV"), the general partner of Fund IV, may each be deemed to be the indirect beneficial owner of these shares. Each of Fund IV and Associates IV disclaim any beneficial ownership of the shares included in this report except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that Fund IV or Associates IV is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 5 )These shares are directly owned by Opportunities Master Fund. Littlejohn Opportunities GP LLC ("Opportunities GP"), the general partner of Opportunities Master Fund, may be deemed to be the indirect beneficial owner of these shares. Opportunities GP disclaims any beneficial ownership of the shares included in this report except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that Opportunities GP is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 6 )These shares are directly owned by Distressed Fund. Opportunities GP, the general partner of Distressed Fund, may be deemed to be the indirect beneficial owner of these shares. Opportunities GP disclaims any beneficial ownership of the shares included in this report except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that Opportunities GP is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 7 )These shares are directly owned by Richard E. Maybaum, who is a portfolio manager for Cetus, Cetus II, Cetus III, Opportunities Master Fund and Distressed Fund. Mr. Maybaum disclaims any beneficial ownership of the shares included in this report except to the extent of his respective pecuniary interests therein, and this report shall not be deemed an admission that Mr. Maybaum is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
( 8 )These shares are directly owned by Cetus III. Cetus III disclaims any beneficial ownership of the shares included in this report except to the extent of its pecuniary interests therein, and this report shall not be deemed an admission that Cetus III is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.

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