Sec Form 4 Filing - Silver Point Capital L.P. @ STANDARD REGISTER CO - 2013-10-25

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
Silver Point Capital L.P.
2. Issuer Name and Ticker or Trading Symbol
STANDARD REGISTER CO [ SR]
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)
TWO GREENWICH PLAZA, FIRST FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
10/25/2013
(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 ( 1 ) 10/25/2013 X 2,202,699 A 2,202,699 D ( 1 )
Common Stock ( 1 ) 10/25/2013 S( 3 ) 4 D $ 11.59 ( 4 ) 2,202,695 D ( 1 )
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
Common Stock Warrant (right to buy) ( 1 ) ( 2 ) 10/25/2013 X 2,202,699 10/25/2013 01/24/2014 Common Stock 2,202,699 $ 0 0 D ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Silver Point Capital L.P.
TWO GREENWICH PLAZA, FIRST FLOOR
GREENWICH, CT06830
X
MULE EDWARD A
TWO GREENWICH PLAZA, FIRST FLOOR
GREENWICH, CT06830
X
O'Shea Robert J
TWO GREENWICH PLAZA, FIRST FLOOR
GREENWICH, CT06830
X
Signatures
/s/ Frederick H. Fogel, Authorized Signatory on behalf of Silver Point Capital, LP 10/28/2013
Signature of Reporting Person Date
/s/ Frederick H. Fogel (as attorney-in-fact on behalf of Edward A Mule, individually) 10/28/2013
Signature of Reporting Person Date
/s/ Frederick H. Fogel (as attorney-in-fact on behalf of Robert J. O'Shea, individually) 10/28/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Silver Point Capital, L.P. ("Silver Point") is the investment manager of Silver Point Capital Fund, L.P., SPF CDO I, Ltd. and SPCP Group, LLC (together, the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all of the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and the investment manager of SPCP Group III, LLC, and by virtue of such status may be deemed to be the beneficial owner of all of the reported securities held by the Funds and by SPCP Group III, LLC. Mr. Edward A. Mule and Mr. Robert J. O'Shea are each members of Management and by virtue of such status may be deemed to be the beneficial owners of securities held by the Funds and by SPCP Group III, LLC (together, the "SP Holders"). Silver Point, Management and Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held by the SP Holders except to the extent of their pecuniary interes
( 2 )The exercise price is $0.00001.
( 3 )On October 25, 2013, the SP Holders exercised the warrants to purchase an aggregate of 2,202,699 shares of common stock of the Issuer at an exercise price of $0.00001 per share. The SP Holders paid the exercise price on a cashless basis, resulting in the Issuer withholding 4 of the warrant shares to pay the exercise price and issuing to the SP Holders the remaining 2,202,695 shares of common stock. The Issuer also paid an aggregate of $24.33 to the SP Holders in lieu of fractional shares.
( 4 )The price, which was calculated pursuant to the terms of the warrants, reflects the average of the closing prices of the common stock of the Issuer over the twenty trading days prior to the exercise date.

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