13D Filing: Tall Cotton Partners Sells Off Smith Midland Corp (SMID) Position

Page 7 of 9 SEC Filing

This Amendment No. 1 amends the Schedule 13D filed on September 10, 2012, with respect to the common stock, $0.01 par value per share (the “Common Stock”), of Smith-Midland Corporation, a Delaware corporation (the “Issuer”).
Item 5. Interest in Securities of the Issuer.
As of December 31, 2015, TCP owned 567,363 shares of the Issuer’s Common Stock.  During the 60-day period ended February 11, 2016, TPC conducted the following transactions in the Issuer’s Common Stock.  Each of the reported transactions was a sale and was conducted in the ordinary course of business.  The February 4, 2016 sales were on the open market for cash, and the February 5, 2016 sale was a broker-assisted block sale for cash.  Sale prices exclude brokerage commissions paid.
Date of Sale
 
No. of Shares
 
Selling Price Per Share
02/04/16
 
180,166
 
$2.19(1)
02/05/16
 
387,197
 
$1.77
______________
(1) Represents the weighted-average selling price per share. TPC will provide the Commission full information regarding the number of shares sold at each separate price upon request.
As of the close of business on February 5, 2016, TPC and the other reporting persons filing this Amendment ceased to the beneficial owners of the Issuer’s Common Stock.
CUSIP No. 832156103 Page 7 of 9

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