Distribution Solutions Group, Inc. — Director's Dealing 2015

Jan 26, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LAWSON PRODUCTS INC/NEW/DE/ (LAWS)
CIK: 0000703604
Period of Report: 2014-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-01	Common Stock	J	6455	$22.29	Disposed	910536	Indirect
2014-11-03	Common Stock	J	3365	$24.08	Disposed	907171	Indirect
2014-11-03	Common Stock	J	3365	$24.08	Acquired	910536	Indirect

Footnotes

F1: Represents shares of common stock owned by Outstanding Businesses Limited Partnership, of which KDI Capital Partners LLC (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 Outstanding Business Limited Partnership. KDI disclaims beneficial ownership of shares beneficially owned by Outstanding Businesses Limited Partnership except to the extent of its pecuniary interest in such shares. This transaction was a redemption in kind From Outstanding Business limited Partnership to a limited partner.

F2: Pursuant to Rule 16(a)-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of the equity securities covered by the statement.

F3: Represents shares of common stock owned by Financial Ascent Limited 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 Financial Ascent Limited Partnership. KDI disclaims beneficial ownership of shares beneficially owned by Financial Ascent Limited Partnership except to the extent of its pecuniary interest in such shares. This transaction was a redemption in kind from Financial Ascent Limited Partnership to a separately managed account of a limited partner.

F4: As noted in footnote 3, this transaction was a result of a redemption in kind from Financial Ascent Limited Partnership to a separately managed account of a limited partner.

F5: Represents shares deemed to be owned beneficially by KDI Capital Partners LLC (KDI) solely as a result of its discretionary power over such shares as investment advisor to its separately management account clients. KDI disclaims beneficial ownership of such shares except to the extent of KDI's pecuniary interest in such shares, if any.