SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
WYARD BRETT G

(Last) (First) (Middle)
11111 SANTA MONICA BLVD., SUITE 1275

(Street)
LOS ANGELES CA 90025

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2018
3. Issuer Name and Ticker or Trading Symbol
Select Interior Concepts, Inc. [ SIC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 0(1)(2) I(1)(2) See footnotes(1)(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (3) (3) Class A Common Stock 0(3)(4) (3) I(4) See footnote(4)
Explanation of Responses:
1. Mr. Brett Wyard is a managing partner of each of Solace General Partner, LLC ("Solace GP") and Solace Capital Partners, LLC, the general partner of Solace Capital Partners, L.P. ("Solace Capital"). Solace GP is the general partner of, and Solace Capital is the investment manager of, Solace Capital Special Situations Fund, L.P. ("Solace Special Situations"), which is the 100% owner of Gateway Securities Holdings, LLC (the "Solace Fund"). The Solace Fund directly holds shares of Class A Common Stock of the Issuer, and each of Solace GP and Solace Capital has voting and investment power over the shares of Class A Common Stock held by the Solace Fund.
2. (Continued from Footnote 1) This report does not include any shares of Class A Common Stock directly held by the Solace Fund or that may be deemed to be beneficially owned by Solace GP, Solace Capital, Solace Special Situations or any other entity affiliated with the Solace Fund. Mr. Wyard disclaims beneficial ownership of all such securities, and this report shall not be deemed an admission that Mr. Wyard is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
3. The phantom stock is economically equivalent to the Issuer's Class A Common Stock. These phantom stock were granted by the Issuer under its 2017 Incentive Compensation Plan on December 15, 2017, in connection with Mr. Wyard's service on the board of directors of the Issuer (the "Board"). These phantom stock will vest in equal installments annually over three years and be settled in cash on the applicable vesting date so long as Mr. Wyard continues to serve on the Board through the applicable vesting date.
4. The terms of the limited partnership agreement of Solace Special Situations require that all payments in respect of Mr. Wyard's service as a director on the Board be paid to Solace Capital. As such, Mr. Wyard does not have any right to the compensation received in connection with his service on the Board, and he therefore does not have any pecuniary interest in the phantom stock. Mr. Wyard disclaims beneficial ownership of all such securities, and this report shall not be deemed an admission that Mr. Wyard is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
/s/ Xavier Corso, attorney-in-fact 08/13/2018
** Signature of Reporting Person Date
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 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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