13D Filing: Cove Street Capital and Cherokee Inc (CHKE)

Page 2 of 5 – SEC Filing

CUSIP No. 16444H102 13D Page 2 of 3 Pages
1. NAMES OF REPORTING PERSONS I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Cove Street Capital, LLC I.R.S IDENTIFICATION NO 27-5376591
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3. SEC USE ONLY
4. SOURCE OF FUNDS (see instructions)
 
OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ¨
6. CITIZENSHIP OR PLACE OF ORGANIZATION
 
DELAWARE
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH
7.

SOLE VOTING POWER

 
 2,872,970

8.

SHARED VOTING POWER

 
 –

9.

SOLE DISPOSITIVE POWER

 
 2,872,970

10. SHARED DISPOSITIVE POWER
 
268,050
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


3,141,020
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)    ¨

13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)


21.9% (1)
14.

TYPE OF REPORTING PERSON (see instructions)


IA

(1) The percentage was calculated based on 14,321,418 shares of Common Stock, as follows: (i) 13,951,066 shares of Common
Stock outstanding as of December 1, 2017, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the
Commission on December 7, 2017; plus (ii) 370,352 shares of Common Stock issuable upon exercise of warrants issued to Cove
Street Capital and exercisable as of or within 60 days within the date this Statement is filed with the Commission.

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