MAGNACHIP SEMICONDUCTOR Corp — Director's Dealing 2016

Mar 28, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK: 0001325702
Period of Report: 2016-03-23

Reporting Person: Pleasant Lake Partners LLC (10% Owner)
Reporting Person: PLP MM LLC (10% Owner)
Reporting Person: Pleasant Lake Onshore GP LLC (10% Owner)
Reporting Person: Pleasant Lake Offshore Master Fund L.P. (10% Owner)
Reporting Person: Lennon Jonathan (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3530515	Indirect

Footnotes

F1: Shares reported herein represent shares held for the account of Pleasant Lake Offshore Master Fund L.P. (the "Master Fund"). Pleasant Lake Partners LLC ("PLP") serves as the investment manager of the Master Fund. Pleasant Lake Onshore GP LLC ("GP LLC") serves as General Partner of the Master Fund. PLP MM LLC is the managing member of PLP. Jonathan Lennon serves as manager of PLP MM LLC and GP LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 3 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.