SWK Holdings Corp — Director's Dealing 2016

Aug 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SWK Holdings Corp (SWKH)
CIK: 0001089907
Period of Report: 2016-08-24

Reporting Person: CARLSON CAPITAL L P (Director, 10% Owner, See Remarks)
Reporting Person: DOUBLE BLACK DIAMOND, L.P. (Director, 10% Owner, See Remarks)
Reporting Person: Asgard Investment Corp. (Director, 10% Owner, See Remarks)
Reporting Person: Carlson Clint Duane (Director, 10% Owner, See Remarks)
Reporting Person: Double Black Diamond Offshore Ltd (Director, 10% Owner, See Remarks)
Reporting Person: Black Diamond Offshore Ltd. (Director, 10% Owner, See Remarks)
Reporting Person: Asgard Investment Corp. II (Director, 10% Owner, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-24	Common Stock	P	2000	$9.75	Acquired	9049019	Indirect
2016-08-25	Common Stock	P	1500	$9.75	Acquired	9050519	Indirect

Footnotes

F1: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.