Cempra Inc. (CEMP) Stock: Levin Capital Cuts 300,000 Shares

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G/A

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*

Cempra, Inc.
——————————————————
(NAME OF ISSUER)

COMMON STOCK, $0.001 PAR VALUE PER SHARE
——————————————————
(TITLE OF CLASS OF SECURITIES)

15130J109
——————————————————
(CUSIP NUMBER)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*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 the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 (“Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the notes.

– ——————————————————————————
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Levin Capital Strategies, L.P.
(EIN 87-0753486)

– ——————————————————————————
– ——————————————————————————
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
– ——————————————————————————
– ——————————————————————————
3 SEC USE ONLY

– ——————————————————————————
– ——————————————————————————
4 CITIZENSHIP OR PLACE OF ORGANIZATION

A Delaware Limited Partnership

– ——————————————————————————
– ——————————————————————————
5 SOLE VOTING POWER

34,875
NUMBER OF —————————————————————
—————————————————————
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 796,537
—————————————————————
—————————————————————
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 34,875
—————————————————————
—————————————————————
WITH 8 SHARED DISPOSITIVE POWER

1,097,969
– ——————————————————————————
– ——————————————————————————
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

1,132,844
– ——————————————————————————
– ——————————————————————————
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]

– ——————————————————————————
– ——————————————————————————
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.1%
– ——————————————————————————
– ——————————————————————————
12 TYPE OF REPORTING PERSON*

IA
– ——————————————————————————

– ——————————————————————————
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

LCS, LLC

– ——————————————————————————
– ——————————————————————————
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
– ——————————————————————————
– ——————————————————————————
3 SEC USE ONLY

– ——————————————————————————
– ——————————————————————————
4 CITIZENSHIP OR PLACE OF ORGANIZATION

A Delaware Limited Liability Corporation

– ——————————————————————————
– ——————————————————————————
5 SOLE VOTING POWER

0
NUMBER OF —————————————————————
—————————————————————
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 25,285
—————————————————————
—————————————————————
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0

—————————————————————
—————————————————————
WITH 8 SHARED DISPOSITIVE POWER

25,285
– ——————————————————————————
– ——————————————————————————
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

25,285
– ——————————————————————————
– ——————————————————————————
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]

– ——————————————————————————
– ——————————————————————————
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

Less than 1%
– ——————————————————————————
– ——————————————————————————
12 TYPE OF REPORTING PERSON*

CO
– ——————————————————————————

– ——————————————————————————
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

LCS Event Partners, LLC

– ——————————————————————————
– ——————————————————————————
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
– ——————————————————————————
– ——————————————————————————
3 SEC USE ONLY

– ——————————————————————————
– ——————————————————————————
4 CITIZENSHIP OR PLACE OF ORGANIZATION

A Delaware Limited Liability Corporation

– ——————————————————————————
– ——————————————————————————
5 SOLE VOTING POWER

0
NUMBER OF —————————————————————
—————————————————————
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
—————————————————————
—————————————————————
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0

—————————————————————
—————————————————————
WITH 8 SHARED DISPOSITIVE POWER

0
– ——————————————————————————
– ——————————————————————————
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

0
– ——————————————————————————
– ——————————————————————————
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]

– ——————————————————————————
– ——————————————————————————
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%
– ——————————————————————————
– ——————————————————————————
12 TYPE OF REPORTING PERSON*

CO
– ——————————————————————————

– ——————————————————————————
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

LCS L/S, LLC

– ——————————————————————————
– ——————————————————————————
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
– ——————————————————————————
– ——————————————————————————
3 SEC USE ONLY

– ——————————————————————————
– ——————————————————————————
4 CITIZENSHIP OR PLACE OF ORGANIZATION

A Delaware Limited Liability Corporation

– ——————————————————————————
– ——————————————————————————
5 SOLE VOTING POWER

0
NUMBER OF —————————————————————
—————————————————————
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,090
—————————————————————
—————————————————————
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0

—————————————————————
—————————————————————
WITH 8 SHARED DISPOSITIVE POWER

2,090
– ——————————————————————————
– ——————————————————————————
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

2,090
– ——————————————————————————
– ——————————————————————————
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]

– ——————————————————————————
– ——————————————————————————
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

Less than 1%
– ——————————————————————————
– ——————————————————————————
12 TYPE OF REPORTING PERSON*

CO
– ——————————————————————————

– ——————————————————————————
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

John A. Levin

– ——————————————————————————
– ——————————————————————————
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
– ——————————————————————————
– ——————————————————————————
3 SEC USE ONLY

– ——————————————————————————
– ——————————————————————————
4 CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

– ——————————————————————————
– ——————————————————————————
5 SOLE VOTING POWER

34,875
NUMBER OF —————————————————————
—————————————————————
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
—————————————————————
—————————————————————
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 34,875
—————————————————————
—————————————————————
WITH 8 SHARED DISPOSITIVE POWER

1,650
– ——————————————————————————
– ——————————————————————————
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

36,525
– ——————————————————————————
– ——————————————————————————
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]

– ——————————————————————————
– ——————————————————————————
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

Less than 1%
– ——————————————————————————
– ——————————————————————————
12 TYPE OF REPORTING PERSON*

IN
– ——————————————————————————

ITEM 1.

(A) NAME OF ISSUER:

Cempra, Inc. (the “Issuer”).

(B) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES OR,IF NONE, RESIDENCE:

6320 Quadrangle Drive, Suite 360, Suite 100, Chapel Hill, NC 27517

ITEM 2.

(A) NAME OF PERSON FILING:

This schedule is being jointly filed by Levin Capital Strategies, L.P.
(“LCS”), LCS, LLC (“LCSL”), LCS Event Partners, LLC (“LCSEP”), LCS L/S, LLC
(“LCSLS”) and John A. Levin, the Chief Executive Officer and controlling person
of LCS, LCSL, LCSEP, LCSLS (LCS, LCSL, LCSEP, LCSLS, and John A. Levin are
sometimes collectively referred to hereinafter as “Filer”). Attached hereto as
an exhibit is a copy of the joint Schedule 13G filing agreement among the
reporting persons and entities.

(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:

The address of the principal executive office of LCS, LCSL, LCSEP, LCSLS,
and John A. Levin is: 595 Madison Avenue, 17th Floor, New York, New York 10022.

(C) CITIZENSHIP:

The citizenship or place of organization of the reporting person is as
follows: LCS is a limited partnership organized under the laws of the State of
Delaware, and LCSL, LCSEP, LCSLS are limited liability corporations organized
under the laws of the State of Delaware. John A. Levin is a citizen of the
United States of America.

(D) TITLE OF CLASS OF SECURITIES:

Common Stock, $0.001 par value per share.

(E) CUSIP NUMBER:

15130J109

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 13d-1(B), OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

IF THIS STATEMENT IS FILED PURSUANT TO 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:

(a) [ ] Broker or dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(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
(e) [x] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940: see Rule 13d-1(b)(1)(ii)(E)
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G);
(h) [ ] Savings Associations as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940;
(j) ( ) Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS BOX.[]

ITEM 4. OWNERSHIP.

Levin Capital Strategies, L.P.:

(a) Amount beneficially owned: 1,132,844
(b) Percent of Class: 2.1%
(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 34,875
(ii) Share power to vote or to direct the vote: 796,537
(iii) Sole power to dispose or to direct the disposition of: 34,875
(iv) Shared power to dispose of to direct the disposition of: 1,097,969

LCS, LLC:

(a) Amount beneficially owned: 25,285
(b) Percent of Class: Less than 1%
(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 0
(ii) Share power to vote or to direct the vote: 25,285
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose of to direct the disposition of: 25,285

LCS Event Partners, LLC:

(a) Amount beneficially owned: 0
(b) Percent of Class: 0.0%
(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 0
(ii) Share power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose of to direct the disposition of: 0

LCS L/S, LLC

(a) Amount beneficially owned: 2,090
(b) Percent of Class: Less than 1%
(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 0
(ii) Share power to vote or to direct the vote: 2,090
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose of to direct the disposition of: 2,090

Mr. Levin disclaims beneficial ownership of all such shares.

John A. Levin:

(a) Amount beneficially owned: 36,525
(b) Percent of Class: Less than 1%
(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 34,875
(ii) Share power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 34,785
(iv) Shared power to dispose of to direct the disposition of: 1,650

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [X].

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Not Applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

Not Applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

ITEM 10. CERTIFICATION.

By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.

September 30, 2016
—————————
(Date)

Levin Capital Strategies, L.P.

BY:/s/ John A. Levin
————————
John A. Levin
Chairman and Chief Executive Officer

LCS, LLC

BY:/s/ John A. Levin
————————
John A. Levin
General Partner

LCS Event Partners, LLC

BY:/s/ John A. Levin
————————
John A. Levin
General Partner

LCS L/S, LLC

BY:/s/ John A. Levin
————————
John A. Levin
General Partner

BY:/s/ John A. Levin
————————
John A. Levin