Page 8 of 12 SEC Filing The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (“Amendment No. 3”). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein. Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended and restated to read as follows: The Shares purchased by each of Series One and VSO II were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 585,411 Shares beneficially owned by Series One is approximately $3,192,448, excluding brokerage commissions. The aggregate purchase price of the 1,295,945 Shares beneficially owned by VSO II is approximately $6,057,745, excluding brokerage commissions. Item 5. Interest in Securities of the Issuer.
Items 5(a)-(c) are hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each Reporting Person is based upon 31,127,287 Shares outstanding, which is the total number of Shares outstanding as of February 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on February 9, 2016. A. Series One
(a) As of the close of business on March 4, 2016, Series One beneficially owned 585,411 Shares.
Percentage: Approximately 1.9% (b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 585,411
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 585,411
(c) The transactions in the Shares by Series One since the filing of Amendment No. 2 are set forth in Schedule A and are incorporated herein by reference.
B. VSO II
(a) As of the close of business on March 4, 2016, VSO II beneficially owned 1,295,945 Shares.
Percentage: Approximately 4.2% (b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,295,945
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,295,945
(c) The transactions in the Shares by VSO II since the filing of Amendment No. 2 are set forth in Schedule A and are incorporated herein by reference.
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The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (“Amendment No. 3”). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein.
| Item 3. | Source and Amount of Funds or Other Consideration. |
Item 3 is hereby amended and restated to read as follows:
The Shares purchased by each of Series One and VSO II were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 585,411 Shares beneficially owned by Series One is approximately $3,192,448, excluding brokerage commissions. The aggregate purchase price of the 1,295,945 Shares beneficially owned by VSO II is approximately $6,057,745, excluding brokerage commissions.
| Item 5. | Interest in Securities of the Issuer. |
Items 5(a)-(c) are hereby amended and restated to read as follows:
The aggregate percentage of Shares reported owned by each Reporting Person is based upon 31,127,287 Shares outstanding, which is the total number of Shares outstanding as of February 5, 2016 as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on February 9, 2016.
| A. | Series One |
| | (a) | As of the close of business on March 4, 2016, Series One beneficially owned 585,411 Shares. |
Percentage: Approximately 1.9%
| | (b) | 1. Sole power to vote or direct vote: 0 |
| | 2. Shared power to vote or direct vote: 585,411 |
| | 3. Sole power to dispose or direct the disposition: 0 |
| | 4. Shared power to dispose or direct the disposition: 585,411 |
| | (c) | The transactions in the Shares by Series One since the filing of Amendment No. 2 are set forth in Schedule A and are incorporated herein by reference. |
| B. | VSO II |
| | (a) | As of the close of business on March 4, 2016, VSO II beneficially owned 1,295,945 Shares. |
Percentage: Approximately 4.2%
| | (b) | 1. Sole power to vote or direct vote: 0 |
| | 2. Shared power to vote or direct vote: 1,295,945 |
| | 3. Sole power to dispose or direct the disposition: 0 |
| | 4. Shared power to dispose or direct the disposition: 1,295,945 |
| | (c) | The transactions in the Shares by VSO II since the filing of Amendment No. 2 are set forth in Schedule A and are incorporated herein by reference. |
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