Form Type: 4

SEC EDGAR Link
Accession Number:0000921895-21-002377
Date:2021-10-01
Issuer: STEEL CONNECT, INC. (STCN)
Original Submission Date:

Reporting Person:

LICHTENSTEIN WARREN G
C/O STEEL PARTNERS HOLDINGS L.P.
590 MADISON AVENUE, 32ND FLOOR NEW YORK, NY 10022

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK, $0.01 PAR VALUE 2021-10-01 A 12,570 a $0.00 1,539,660 f1 direct
COMMON STOCK, $0.01 PAR VALUE 2021-10-01 0 $0.00 60,000 f3 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the reporting person is a member of a section 13(d) group that owns more than 10% of the issuer's outstanding common stock. the reporting person disclaims beneficial ownership of the shares of common stock of the issuer owned directly by the other members of the section 13(d) group except to the extent of his pecuniary interest therein.
f2 shares acquired are shares of restricted stock awarded pursuant to the issuer's 2020 stock incentive compensation plan (the "incentive compensation plan"). except as otherwise provided in the incentive compensation plan, the shares of restricted stock vest on october 1, 2022, provided that the reporting person remains a director of the issuer on such vesting date.
f3 shares owned directly by steel partners, ltd. ("spl"). the reporting person is the chief executive officer of spl. accordingly, by virtue of the reporting person's relationship with spl, the reporting person may be deemed to beneficially own the shares of common stock of the issuer owned directly by spl. the reporting person disclaims beneficial ownership of the shares of common stock of the issuer owned directly by spl except to the extent of his pecuniary interest therein.

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