Steven A. Tananbaum Form 3 Kadmon / Treacy Gaffney ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

GOLDENTREE ASSET MANAGEMENT LP

(Last)

(First)

(Middle)

300 PARK AVENUE

21ST FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/26/2016

3. Issuer Name and Ticker or Trading Symbol
Kadmon Holdings, LLC [ KDMN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 ("Common Stock")	174,255⁽¹⁾	I	See Footnotes⁽²⁾⁽³⁾
Common Stock	107,292⁽¹⁾	I	See Footnotes⁽²⁾⁽⁴⁾
Common Stock	4,035⁽¹⁾	I	See Footnotes⁽²⁾⁽⁵⁾
Common Stock	4,983⁽¹⁾	I	See Footnotes⁽²⁾⁽⁶⁾
Common Stock	3,219⁽¹⁾	I	See Footnotes⁽²⁾⁽⁷⁾
Common Stock	322⁽¹⁾	I	See Footnotes⁽²⁾⁽⁸⁾
Common Stock	65,883⁽¹⁾	I	See Footnotes⁽²⁾⁽⁹⁾
Common Stock	909,792⁽¹⁾	I	See Footnotes⁽²⁾⁽¹⁰⁾
Common Stock	4,346⁽¹¹⁾	I	See Footnotes⁽²⁾⁽¹¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
2013/2014 Warrants (right to buy)	11/26/2014	06/17/2023	Common Stock	16,253⁽¹²⁾	⁽¹²⁾	I	See Footnotes⁽²⁾⁽¹³⁾
2013/2014 Warrants (right to buy)	11/26/2014	06/17/2023	Common Stock	104,219⁽¹²⁾	⁽¹²⁾	I	See Footnotes⁽²⁾⁽¹⁴⁾
2013/2014 Warrants (right to buy)	11/26/2014	06/17/2023	Common Stock	5,817⁽¹²⁾	⁽¹²⁾	I	See Footnotes⁽²⁾⁽¹⁵⁾
2013/2014 Warrants (right to buy)	11/26/2014	06/17/2023	Common Stock	5,301⁽¹²⁾	⁽¹²⁾	I	See Footnotes⁽²⁾⁽¹⁶⁾
2015 Warrants (right to buy)	⁽¹⁷⁾	08/28/2022	Common Stock	1,306⁽¹⁷⁾	⁽¹⁷⁾	I	See Footnotes⁽²⁾⁽¹⁸⁾
2015 Warrants (right to buy)	⁽¹⁷⁾	08/28/2022	Common Stock	2,595⁽¹⁷⁾	⁽¹⁷⁾	I	See Footnotes⁽²⁾⁽¹⁹⁾
2015 Warrants (right to buy)	⁽¹⁷⁾	08/28/2022	Common Stock	2,895⁽¹⁷⁾	⁽¹⁷⁾	I	See Footnotes⁽²⁾⁽²⁰⁾
2015 Warrants (right to buy)	⁽¹⁷⁾	08/28/2022	Common Stock	81,442⁽¹⁷⁾	⁽¹⁷⁾	I	See Footnotes⁽²⁾⁽²¹⁾
Senior Convertible Term Loan	06/17/2013	⁽²²⁾	Common Stock	$7,367,477⁽²³⁾	⁽²²⁾	I	See Footnotes⁽²⁾⁽²⁴⁾
Senior Convertible Term Loan	06/17/2013	⁽²²⁾	Common Stock	$36,650,155⁽²³⁾	⁽²²⁾	I	See Footnotes⁽²⁾⁽²⁵⁾
Senior Convertible Term Loan	06/17/2013	⁽²²⁾	Common Stock	$1,385,366⁽²³⁾	⁽²²⁾	I	See Footnotes⁽²⁾⁽²⁶⁾
Senior Convertible Term Loan	06/17/2013	⁽²²⁾	Common Stock	$3,026,128⁽²³⁾	⁽²²⁾	I	See Footnotes⁽²⁾⁽²⁷⁾
Senior Convertible Term Loan	06/17/2013	⁽²²⁾	Common Stock	$1,955,081⁽²³⁾	⁽²²⁾	I	See Footnotes⁽²⁾⁽²⁸⁾

1. Name and Address of Reporting Person^*

GOLDENTREE ASSET MANAGEMENT LP

(Last)

(First)

(Middle)

300 PARK AVENUE

21ST FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

GoldenTree Asset Management LLC

(Last)

(First)

(Middle)

300 PARK AVENUE

21ST FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Tananbaum Steven A.

(Last)

(First)

(Middle)

300 PARK AVENUE

21ST FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Gaffney Treacy

(Last)

(First)

(Middle)

300 PARK AVENUE

21ST FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

Explanation of Responses:

1. See Exhibit 99.2; footnote (1).

2. See Exhibit 99.2; footnote (2).

3. See Exhibit 99.2; footnote (3).

4. See Exhibit 99.2; footnote (4).

5. See Exhibit 99.2; footnote (5).

6. See Exhibit 99.2; footnote (6).

7. See Exhibit 99.2; footnote (7).

8. See Exhibit 99.2; footnote (8).

9. See Exhibit 99.2; footnote (9).

10. See Exhibit 99.2; footnote (10).

11. See Exhibit 99.2; footnote (11).

12. See Exhibit 99.2; footnote (12).

13. See Exhibit 99.2; footnote (13).

14. See Exhibit 99.2; footnote (14).

15. See Exhibit 99.2; footnote (15).

16. See Exhibit 99.2; footnote (16).

17. See Exhibit 99.2; footnote (17).

18. See Exhibit 99.2; footnote (18).

19. See Exhibit 99.2; footnote (19).

20. See Exhibit 99.2; footnote (20).

21. See Exhibit 99.2; footnote (21).

22. See Exhibit 99.2; footnote (22).

23. See Exhibit 99.2; footnote (23).

24. See Exhibit 99.2; footnote (24).

25. See Exhibit 99.2; footnote (25).

26. See Exhibit 99.2; footnote (26).

27. See Exhibit 99.2; footnote (27).

28. See Exhibit 99.2; footnote (28).

Remarks:

This filing reflects the conversion of Kadmon Holdings, LLC, a Delaware limited liability company, into Kadmon Holdings, Inc., a Delaware corporation, pursuant to a statutory conversion set to occur on or about July 26, 2016. List of Exhibits: Exhibit 99.1 - Joint Filer Information; Exhibit 99.2 - Explanation of Responses solely for purposes of Section 16 of the Exchange Act.

	GOLDENTREE ASSET MANAGEMENT LP, Name: /s/ Steven A. Tananbaum, Managing Member of GoldenTree Asset Management LLC, its general partner	07/26/2016
	GOLDENTREE ASSET MANAGEMENT LLC, Name: /s/ Steven A. Tananbaum, Title: Managing Member	07/26/2016
	STEVEN A. TANANBAUM, Name: /s/ Steven A. Tananbaum	07/26/2016
	TREACY GAFFNEY, Name: /s/ Treacy Gaffney	07/26/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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Steven A. Tananbaum Form 3Kadmon / Treacy Gaffney ownership change