Edgar Filing: BARINGTON/HILCO ACQUISITION CORP.

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â HECKTMAN JEFFREY BRUCE

2. Date of Event Requiring Statement (Month/Day/Year)
02/05/2015

3. Issuer Name and Ticker or Trading Symbol
BARINGTON/HILCO ACQUISITION CORP. [BHACU]

(Last)

(First)

(Middle)

5 REVERE DRIVE, SUITE 2056

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

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

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

(Street)

NORTHBROOK,Â ILÂ 60062

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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	458,425 ⁽¹⁾	I	See Footnote ⁽¹⁾
Common Stock	122,500 ⁽²⁾	I	See Footnote ⁽²⁾
Common Stock	5,000	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrant	Â ⁽³⁾	Â ⁽⁴⁾	Common Stock	61,250 ⁽¹⁾	$ 12.5	I	See Footnote ⁽²⁾
Right	Â ⁽⁵⁾	Â ⁽⁶⁾	Common Stock	12,250 ⁽¹⁾	$ ⁽⁷⁾	I	See Footnote ⁽²⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HECKTMAN JEFFREY BRUCE 5 REVERE DRIVE, SUITE 2056 NORTHBROOK,Â ILÂ 60062	Â X	Â	Â	Â

Signatures

/s/ Jeffrey B. Hecktman		02/05/2015
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes the shares of common stock beneficially owned by Hilco Trading LLC, of which Jeffrey B. Hecktman has sole voting and investment power. Includes holder's pro rata portion of the 150,000 insider shares that are subject to forfeiture to the extent that the underwriter's over-allotment option in the Company's initial public offering is not fully exercised.
(2)	Represents the shares of common stock underlying the 122,500 Units of the Issuer that Hilco Trading LLC committed to purchase prior to the effective date of the registration statement relating to the Issuer's initial public offering. Each unit ("Unit") consists of one share of common stock, one right ("Right") to automatically receive one-tenth of one share of common stock upon consummation of the Issuer's initial business combination and one warrant ("Warrant") for the purchase of one-half of one share of common stock at a price of $12.50 per full share. The purchase of these Units is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering.
(3)	Latter of (i) Completion of initial business combination and (ii) 12 months from date of prospectus.
(4)	3 years after completion of initial business combination.
(5)	Each Right entitles the holder to automatically receive one-tenth (1/10) of one share of the Issuer's common stock upon consummation of the Issuer's initial business combination.
(6)	If the Issuer fails to consummate an initial business combination within eighteen (18) months from the closing of the Issuer's initial public offering (or twenty-four (24) months from the closing of the initial public offering if certain criteria are met), the Issuer will be dissolved and the Rights will expire worthless.
(7)	N/A

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