Page 7 of 9 – SEC Filing Item 3 If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act; (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) [ ] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) [X] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [X] A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); (k) [ ] Group, in accordance with §240.13d-1(b)(1)(ii)(K).
Item 4 Ownership
Item 4(a) Amount Beneficially Owned Each of the Reporting Persons may be deemed the beneficial owner of 766,547 shares. All Shares are held for the account of Tybourne Master Fund.
Item 4(b) Percent of Class Each of the Reporting Persons may be deemed the beneficial owner of approximately 8.2% of Shares outstanding. (There were 9,335,614 Shares outstanding as of April 15, 2016, according to the Issuer’s Quarterly Report on Form 10-Q, filed April 21, 2016.)
Item 4(c) Number of shares as to which each such person has voting and dispositive power: (i) sole power to vote or to direct the vote 0 shares (ii) shared power to vote or to direct the vote 766,547 shares (iii) sole power to dispose or to direct the disposition of 0 shares (iv) shared power to dispose or to direct the disposition of 766,547 shares
Item 3 | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | [ ] | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | [ ] | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | [ ] | Insurance Company as defined in Section 3(a)(19) of the Act; |
(d) | [ ] | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
(e) | [ ] | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | [ ] | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | [X] | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | [ ] | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | [ ] | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | [X] | A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); |
(k) | [ ] | Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
Item 4 | Ownership |
Item 4(a) | Amount Beneficially Owned |
Each of the Reporting Persons may be deemed the beneficial owner of 766,547 shares. All Shares are held for the account of Tybourne Master Fund. |
Item 4(b) | Percent of Class |
Each of the Reporting Persons may be deemed the beneficial owner of approximately 8.2% of Shares outstanding. (There were 9,335,614 Shares outstanding as of April 15, 2016, according to the Issuer’s Quarterly Report on Form 10-Q, filed April 21, 2016.) |
Item 4(c) | Number of shares as to which each such person has voting and dispositive power: |
(i) | sole power to vote or to direct the vote |
0 shares | |
(ii) | shared power to vote or to direct the vote |
766,547 shares | |
(iii) | sole power to dispose or to direct the disposition of |
0 shares | |
(iv) | shared power to dispose or to direct the disposition of |
766,547 shares |