Distribution Solutions Group, Inc. — Director's Dealing 2014

Sep 12, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LAWSON PRODUCTS INC/NEW/DE/ (LAWS)
CIK: 0000703604
Period of Report: 2014-09-02

Reporting Person: KDI CAPITAL PARTNERS LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16542	Direct
Common Stock	2784	Indirect
Common Stock	34181	Indirect
Common Stock	3984	Indirect
Common Stock	827	Indirect
Common Stock	176600	Indirect
Common Stock	243037	Indirect
Common Stock	54713	Indirect
Common Stock	87521	Indirect
Common Stock	153768	Indirect
Common Stock	114792	Indirect

Footnotes

F1: Represents shares held by KDI Capital Partners, LLC (KDI) directly. As a result of being the general partner and investment manager of and having an ownership interest in A Few Valuable Businesses Partnership (AFVB Partnership), Capital Partner Investments Partnership (CPI Partnership), Worthy Companies Limited Partnership (WC LP), Financial Ascent Limited Partnership (FA LP), Outstanding Businesses Limited Partnership (OB LP), and Financial Ascent TE Limited Partnership (FATE LP), KDI could be deemed to beneficially own all shares beneficially owned by such entities. KDI disclaims beneficial ownership of shares beneficially owned by AFVB Partnership, CPI Partnership, WC LP, FA LP, OB LP and FATE LP except to the extent of its pecuniary interest in such shares.

F2: Represents shares deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor to its separately management account clients, and over which KDI disclaims any pecuniary interest.

F3: Represents shares held by John M. Day and members of his immediate family directly. Mr. Day is a Managing Member of KDI and holds a controlling percentage of the outstanding voting securities. As a result of his position with and ownership of KDI, he could be deemed to share beneficial ownership with KDI. Mr. Day disclaims beneficial ownership of shares beneficially owned by KDI except to the extent of his pecuniary interest in such shares.

F4: Represents shares held by Sheldon M. Fox directly. Mr. Fox is a Managing Member of KDI and holds a controlling percentage of the outstanding voting securities. As a result of his position with and ownership of KDI, he could be deemed to share beneficial ownership with KDI. Mr. Fox disclaims beneficial ownership of shares beneficially owned by KDI except to the extent of his pecuniary interest in such shares.

F5: Represents shares held by Mitchell Scott. Mr. Scott is a portfolio manager for KDI.

F6: Represents shares of common stock owned by AFVB Partnership, of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the AFVB Partnership.

F7: Represents shares of common stock owned by CPI Partnership, of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the CPI Partnership.

F8: Represents shares of common stock owned by WC LP, of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the WC LP.

F9: Represents shares of common stock owned by FA LP, of which KDI owns less than a 1% interest, and of which 7.61% is owned by trusts affiliated with Mr. Days family, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the FA LP.

F10: Represents shares of common stock owned by OB LP, of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the OB LP.

F11: Represents shares of common stock owned by FATE LP, of which KDI owns less than a 1% interest, all of which shares could be deemed to be owned beneficially by KDI solely as a result of its discretionary power over such shares as investment advisor and general partner to the FATE LP.