13D Filing: Dorset Management and Rand Logistics, Inc. (RLOG)

Item 1.

Security and Issuer

This statement relates to the Companys common stock, par value $0.0001 per share (the Common Stock), and the Series A convertible preferred stock (the Preferred Stock), which Preferred Stock is currently convertible into Common Stock (the Preferred Stock, together with the Common Stock, Company Shares), and is being filed pursuant to Rules 13d-1 and 13d-5 under the Securities Exchange Act of 1934, as amended (the Exchange Act), exclusively to reflect a change aggregating more than one percent (1%) in David M. Knotts ownership of the outstanding Common Stock.

Item 2.

Identity and Background

Item 3.

Source and Amount of Funds or Other Consideration

Item 4.

Purpose of Transaction

Item 5.

Interest in Securities of the Issuer

This Item is being amended solely as follows:

(a)-(b) Mr. Knott and Dorset: See Rows 7 through 11 and 13 on pages 2-3.   Mr. Knott individually has the sole power to vote 1,837,660 shares of Company Shares and dispose of 1,838,560 shares of Company Shares held in the Partnerships respective accounts. As President of Dorset, Mr. Knott shares with certain of Dorsets clients the power to vote that portion of 900 shares of Company Shares held in their respective accounts.

(c) No transactions in the class of securities reported on were effected during the past sixty days, except for the following dispositions in the open market, on the following days and at the following per share prices:

4-8-16
$0.9270

4-11-16
$0.8944

4-12-16
$0.87

4-12-16
$0.8605

Total

Knott Partners, L.P.

2,160

40,900

44,600

85,840

173,500

Shoshone Partners, L.P.

538

8,549

9,400

18,013

36,500

Convertible preferred shares fully exercisable into 28,870 shares of Common Stock were disposed of on March 16, 2016 on behalf of Dorset managed accounts.

The change in the percentage of Common Stock also reflects an increase in the outstanding Common Stock since the date of the last Schedule 13DA filing regarding the Company by the Reporting Person and Knott Partners, L.P.

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 7.

Material to be Filed as Exhibits