You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
BLR Partners | 482,200 | 482,200 | 482,200 | 7.7% | ||
BLRPart | 482,200 | 482,200 | 482,200 | 7.7% | ||
BLRGP Inc | 482,200 | 482,200 | 482,200 | 7.7% | ||
Fondren Management | 482,200 | 482,200 | 482,200 | 7.7% | ||
FMLP Inc | 482,200 | 482,200 | 482,200 | 7.7% | ||
The Radoff Family Foundation | 22,000 | 22,000 | 22,000 | 0.4% | ||
Bradley L. Radoff | 504,200 | 504,200 | 504,200 | 8.1% |
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Page 1 of 14 – SEC Filing
1 | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
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Page 2 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON BLR Partners LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 482,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 482,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 482,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% | |||||
14 | TYPE OF REPORTING PERSON PN |
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Page 3 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON BLRPart, LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 482,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 482,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 482,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% | |||||
14 | TYPE OF REPORTING PERSON PN |
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Page 4 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON BLRGP Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 482,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 482,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 482,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 5 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON Fondren Management, LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 482,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 482,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 482,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% | |||||
14 | TYPE OF REPORTING PERSON PN |
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Page 6 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON FMLP Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 482,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 482,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 482,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 7 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON The Radoff Family Foundation | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 22,000 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 22,000 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,000 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 8 of 14 – SEC Filing
1 | NAME OF REPORTING PERSON Bradley L. Radoff | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 504,200 | ||||
8 | SHARED VOTING POWER – 0 – | |||||
9 | SOLE DISPOSITIVE POWER 504,200 | |||||
10 | SHARED DISPOSITIVE POWER – 0 – |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 504,200 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.1% | |||||
14 | TYPE OF REPORTING PERSON IN |
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Page 9 of 14 – SEC Filing
Item 3. | Source and Amount of Funds or Other Consideration. |
Item 4. | Purpose of Transaction. |
Item 5. | Interest in Securities of the Issuer. |
A. | BLR Partners |
(a) | As of the close of business on November 16, 2018, BLR Partners beneficially owned 482,200 Shares. |
(b) | 1. Sole power to vote or direct vote: 482,200 |
(c) | The transactions in the Shares by BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
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Page 10 of 14 – SEC Filing
B. | BLRPart GP |
(a) | BLRPart GP, as the general partner of BLR Partners, may be deemed the beneficial owner of the 482,200 Shares beneficially owned by BLR Partners. |
(b) | 1. Sole power to vote or direct vote: 482,200 |
(c) | BLRPart GP has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. The transactions in the Shares on behalf of BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
C. | BLRGP |
(a) | BLRGP, as the general partner of BLRPart GP, may be deemed the beneficial owner of the 482,200 Shares beneficially owned by BLR Partners. |
(b) | 1. Sole power to vote or direct vote: 482,200 |
(c) | BLRGP has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. The transactions in the Shares on behalf of BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
D. | Fondren Management |
(a) | Fondren Management, as the investment manager of BLR Partners, may be deemed the beneficial owner of the 482,200 Shares beneficially owned by BLR Partners. |
(b) | 1. Sole power to vote or direct vote: 482,200 |
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Page 11 of 14 – SEC Filing
(c) | Fondren Management has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. The transactions in the Shares on behalf of BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
E. | FMLP |
(a) | FMLP, as the general partner of Fondren Management, may be deemed the beneficial owner of the 482,200 Shares beneficially owned by BLR Partners. |
(b) | 1. Sole power to vote or direct vote: 482,200 |
(c) | FMLP has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. The transactions in the Shares on behalf of BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
F. | Radoff Foundation |
(a) | As of the close of business on November 16, 2018, Radoff Foundation beneficially owned 22,000 Shares. |
(b) | 1. Sole power to vote or direct vote: 22,000 |
(c) | Radoff Foundation has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. |
G. | Mr. Radoff |
(a) | Mr. Radoff, as the sole shareholder and sole director of each of BLRGP and FMLP and a director of Radoff Foundation, may be deemed the beneficial owner of the (i) 482,200 Shares beneficially owned by BLR Partners and (ii) 22,000 Shares beneficially owned by Radoff Foundation. |
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Page 12 of 14 – SEC Filing
(b) | 1. Sole power to vote or direct vote: 504,200 |
(c) | Mr. Radoff has not entered into any transactions in Shares since the filing of the previous Schedule 13D amendment. The transactions in Shares on behalf of BLR Partners since the filing of the previous Schedule 13D amendment are set forth in Schedule A and are incorporated herein by reference. |
(d) | No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, Shares. |
(e) | Not applicable. |
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Page 13 of 14 – SEC Filing
BLR Partners LP | |||
By: | BLRPart, LP General Partner | ||
By: | BLRGP Inc. General Partner | ||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Sole Director | ||
BLRPart, LP | |||
By: | BLRGP Inc. General Partner | ||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Sole Director | ||
BLRGP Inc. | |||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Sole Director | ||
Fondren Management, LP | |||
By: | FMLP Inc. General Partner | ||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Sole Director | ||
FMLP Inc. | |||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Sole Director | ||
The Radoff Family Foundation | |||
By: | /s/ Bradley L. Radoff Name: Bradley L. Radoff Title: Director /s/ Bradley L. Radoff Bradley L. Radoff |
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Page 14 of 14 – SEC Filing
Nature of Transaction | Securities Purchased/(Sold) | Price per Share ($) | Date of Purchase / Sale | |||||||||
BLR PARTNERS LP | ||||||||||||
Sale of Shares | (85,000) | 4.505 | 11/16/2018 | |||||||||
Sale of Shares | (12,800) | 5.981 | 11/8/2018 | |||||||||
Sale of Shares | (5,600) | 6.324 | 10/22/2018 |