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SEC FORM 3/A 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^*

CONNORS ROBERT R

(Last)

(First)

(Middle)

8770 W. BRYN MAWR AVE. SUITE 900

C/O DISTRIBUTION SOLUTIONS GROUP, INC.

(Street)

CHICAGO

60631

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/17/2022

3. Issuer Name and Ticker or Trading Symbol
Distribution Solutions Group, Inc. [ DSGR ]

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

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

5. If Amendment, Date of Original Filed (Month/Day/Year)
08/25/2022

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

X	Form filed by One Reporting Person
	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	10,000	D

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)
Member Interest in LLC	⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	Common Stock	⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	D

Explanation of Responses:

1. The Reporting Person also holds equity interests in 301 HW Opus Investors, LLC ("Opus"). Pursuant to the Agreement and Plan of Merger, dated December 29, 2021, by and among Opus, the Issuer and the other parties thereto, Opus is the record owner of 7,000,000 shares of Common Stock of the Issuer. Pursuant to the terms and provisions of the operating agreement of Opus, the Reporting Person is eligible to participate in any distribution of proceeds of the sales of shares of Common Stock of the Issuer owned by Opus to its members, subject to various employment, vesting and performance requirements, as well as other terms and conditions. The Reporting Person does not control Opus and does not have or share investment control over Opus or the shares of Common Stock of the Issuer held by Opus.

2. (continued from footnote 1) The Reporting Person disclaims beneficial ownership of the shares of Common Stock of the Issuer held by Opus, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose. The controlling member of Opus is LKCM Headwater Investments III, L.P. (HW3). Luther King Capital Management Corporation (LKCM) serves as the investment manager for HW3, and LKCM Headwater Investments III GP, L.P. (HW3 GP) serves as the general partner of HW3. J. Luther King, Jr. is a controlling shareholder of LKCM, and J. Luther King, Jr. and J. Bryan King are the controlling members of LKCM Headwater Investments GP, LLC, the general partner of HW3 GP.

Remarks:

President and Chief Executive Officer, 301 HW Opus Holdings, Inc., a wholly owned subsidiary of the Issuer Distribution Solutions Group, Inc.

	/s/ Robert Connors	09/09/2022
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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