Page 7 of 9 SEC Filing C. Mr. Rothenberg
(a) Mr. Rothenberg, as the managing member of Moab LLC, may be deemed the beneficial owner of the (i) 679,208 Shares directly owned by Moab LP and (ii) 36,240 Shares held in the Managed Account.
Percentage: Approximately 7.7% (b) 1. Sole power to vote or direct vote: 715,448
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 715,448
4. Shared power to dispose or direct the disposition: 0
(c) Mr. Rothenberg has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares on behalf of Moab LP and the Managed Account since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
The Reporting Persons, as members of a “group” for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein. Item 7. Material to be Filed as Exhibits.
Item 7 is hereby amended to add the following exhibit: 99.1 Letter to the Issuer’s Board of Directors, dated March 15, 2016.
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| C. | Mr. Rothenberg |
| | (a) | Mr. Rothenberg, as the managing member of Moab LLC, may be deemed the beneficial owner of the (i) 679,208 Shares directly owned by Moab LP and (ii) 36,240 Shares held in the Managed Account. |
Percentage: Approximately 7.7%
| | (b) | 1. Sole power to vote or direct vote: 715,448 |
| | 2. Shared power to vote or direct vote: 0 |
| | 3. Sole power to dispose or direct the disposition: 715,448 |
| | 4. Shared power to dispose or direct the disposition: 0 |
| | (c) | Mr. Rothenberg has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares on behalf of Moab LP and the Managed Account since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference. |
The Reporting Persons, as members of a “group” for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.
| Item 7. | Material to be Filed as Exhibits. |
Item 7 is hereby amended to add the following exhibit:
| | 99.1 | Letter to the Issuer’s Board of Directors, dated March 15, 2016. |
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