Distribution Solutions Group, Inc. — Director's Dealing 2019

Apr 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAWSON PRODUCTS INC/NEW/DE/ (LAWS)
CIK: 0000703604
Period of Report: 2019-04-17

Reporting Person: KING LUTHER CAPITAL MANAGEMENT CORP (10% Owner)
Reporting Person: LKCM Private Discipline Master Fund, SPC (10% Owner)
Reporting Person: LKCM Investment Partnership, L.P. (10% Owner)
Reporting Person: LKCM Core Discipline, L.P. (10% Owner)
Reporting Person: LKCM Micro-Cap Partnership, L.P. (10% Owner)
Reporting Person: LKCM Headwater Investments II, L.P. (10% Owner)
Reporting Person: Headwater Lawson Investors, LLC (10% Owner)
Reporting Person: King Luther Jr (10% Owner)
Reporting Person: King John Bryan (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-17	Common Stock	P	37707	$32	Acquired	4338956	Indirect

Footnotes

F1: Represents shares of common stock purchased by Headwater Lawson Investors, LLC (HLI) pursuant to the terms of a Securities Purchase Agreement, dated April 17, 2019, by and among HLI and the seller party thereto.

F2: This Form 4 is filed by Luther King Capital Management Corporation (LKCM), LKCM Private Discipline Master Fund, SPC (PDP), LKCM Investment Partnership, L.P. (LIP), LKCM Micro-Cap Partnership, L.P. (Micro), LKCM Core Discipline, L.P. (Core), LKCM Headwater Investments II, L.P. (HW2), HLI, J. Luther King, Jr. and J. Bryan King (Reporting Persons). LKCM Private Discipline Management, L.P. holds the management shares of PDP, and LKCM Alternative Management, LLC (PDP GP) is its general partner. LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. LKCM Micro-Cap Management, L.P. (Micro GP) is the general partner of Micro. LKCM Core Discipline Management, L.P. (Core GP) is the general partner of Core. LKCM Headwater Investments II GP, L.P. (HW2 GP) is the general partner of HW2.

F3: LKCM is the investment manager for PDP, LIP, Micro, Core, HW2 and HLI. J. Luther King, Jr. is a controlling shareholder or member, as applicable, of LKCM and LIP GP. J. Bryan King is a controlling member of HW2 GP and managing member of HLI. J. Luther King, Jr. and J. Bryan King are controlling members of PDP GP, Micro GP and Core GP.

F4: Includes (i) 1,689,358 shares held by PDP, (ii) 250,000 shares held by LIP, (iii) 26,102 shares held by Micro, (iv) 10,128 shares held by Core, (v) 592,326 shares held by HW2, (vi) 1,761,494 shares held by HLI, (vii) 2,500 shares held by a separately managed portfolio for which LKCM serves as investment manager, and (viii) 7,048 shares held by J. Bryan King.

F5: Each of the Reporting Persons expressly disclaims membership in a group under the Securities Exchange Act of 1934, as amended, with respect to the securities reported herein, and this Form 4 shall not be deemed to be an admission that any such Reporting Person is a member of such a group. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this Form 4 shall not be deemed to be an admission that any such Reporting Person is the beneficial owner of such securities for purposes of the Securities Exchange Act of 1934, as amended, or for any other purpose.