Sec Form 13D Filing - HARBERT FUND ADVISORS INC. filing for GLOBAL INDTY GROUP LLC SH (GBLI) - 2022-10-28

Kevin A. McGovern, Esq.

c/o Harbert Fund Advisors, Inc.

2100 Third Avenue North

Suite 600

Birmingham, AL 35203

Telephone Number 205-987-5500

(Name, Address and Telephone Number of Person Authorized to Receive

Notices and Communications)

This Schedule 13D is being filed jointly by

(i) Harbert Fund Advisors, Inc., an Alabama corporation (“HFA”),

(ii) Harbert Management Corporation, an Alabama corporation (“HMC”),

(iii) Jack Bryant, a United States citizen,

(iv) Kenan Lucas, a United States citizen, and

(v) Raymond Harbert, a United States citizen.

Each of HFA, HMC, Mr. Bryant, Mr. Lucas and Mr. Harbert are referred to as a “Reporting Person” and collectively as the “Reporting Persons.” Each of the Reporting Persons is party to that certain Joint Filing Agreement attached hereto as Exhibit A. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D. This statement relates to Shares held for the account of certain client accounts (the “Clients”) for which HFA acts as investment manager. HFA is an investment adviser registered with the United States Securities and Exchange Commission. HMC Is the parent of HFA. Mr. Lucas is the portfolio manager for the Clients. Mr. Bryant is an Executive Vice President and Senior Managing Director of HMC. Mr. Harbert is the Chairman and Chief Executive Officer of HMC and HFA.

Set forth on Exhibit B attached hereto is the name and present principal occupation or employment, principal business address and citizenship of the executive officers and directors of HFA and HMC. To the best of the Reporting Persons’ knowledge, except as otherwise set forth herein, none of the persons listed on Exhibit B beneficially owns any securities of the Issuer or is a party to any contract, agreement or understanding required to be disclosed herein.

As of the date hereof, (i) HFA, HMC, Jack Bryant, Kenan Lucas and Raymond Harbert may be deemed to be the beneficial owners of 324,764 Shares, constituting 3.05% of the Shares, based upon *10,642,307 Shares outstanding.

HFA has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 324,764 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 324,764 Shares.

HMC has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 324,764 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 324,764 Shares.

Jack Bryant has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 324,764 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 324,764 Shares.

Kenan Lucas has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 324,764 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 324,764 Shares.

Raymond Harbert has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 324,764 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 324,764 Shares.

As of 10/26/2022, the Reporting Persons no longer have beneficial ownership over 146,685 Shares contained in certain client accounts previously included on the Schedule 13D Amendment No. 5 filed on January 6, 2022. In addition, the transactions by the Reporting Persons in the securities of the Issuer during the past sixty days are set forth in Exhibit C. Except for the sale of 200,000 Shares on 10/28/2022, all other transactions were carried out in open market transactions.

*This outstanding Shares figure reflects the number of outstanding Class A Common Shares at July 28, 2022.

Exhibit A: Joint Filing Agreement

Exhibit B: Officers and Directors of HFA and HMC

Exhibit C: Schedule of Transactions in Shares

/s/ John McCullough

/s/ John McCullough

/s/ Jack Bryant*

/s/ Kenan Lucas*

/s/ Raymond Harbert*

/s/ John McCullough

/s/ John McCullough

/s/ Jack Bryant

/s/ Kenan Lucas

/s/ Raymond Harbert

Raymond J. Harbert

Chief Executive Officer and Chairman of HFA and HMC

John F. Bryant

Executive Vice President and Director of HMC

2100 Third Avenue North, Suite 600;

Birmingham, AL 35203

Raymond J, Harbert, Jr.

Executive Vice President & Chief Financial Officer of HFA and HMC & Director of HMC

John W. McCullough

Executive Vice President, General Counsel & Director of HFA and HMC

J. Travis Pritchett

President & Chief Operating Officer of HFA and HMC & Director of HMC

Michael C. Bauder

Chief Compliance Officer of HFA and HMC & Director of HFA

Date of Transaction

Title of Class

Number of

Shares

Acquired

Number of

Shares

Disposed

Price Per

Share