Filing Details

	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington,  D.C.  20549
	SCHEDULE 13G   Under the Securities Exchange Act of 1934   (Amendment No. )*
	POLAR POWER, INC.
	(Name of Issuer)   Common Stock, par value $0.0001 per share
	(Title of Class of Securities)   73102V105
	(CUSIP Number)   December 12, 2016
	(Date of Event Which Requires Filing of this Statement)

 

CUSIP No. 03837J 101

1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).   Jeffrey L. Feinberg Personal Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   California
NUMBER OF		5	SOLE VOTING POWER    0
SHARES BENEFICIALLY OWNED BY		6	SHARED VOTING POWER    700,000
EACH REPORTING PERSON		7	SOLE DISPOSITIVE POWER    0
WITH:		8	SHARED DISPOSITIVE POWER    700,000
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   X (See item 4)
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   6.90% (See item 4)
12	TYPE OF REPORTING PERSON*   OO

 

 

 

 

 

Item 1.

 

(a)

Name of Issuer

Polar Power, Inc.

(b)

Address of Issuer's Principal Executive Offices

249 E. Gardena Boulevard

Gardena, CA 90248 

Item 2.

(a)

Name of Person Filing

This statement is filed by:

(i)

Jeffrey L. Feinberg Personal Trust (the "Trust")

Jeffrey L. Feinberg, as Trustee (the "Trustee")

(b)

Address of Principal Business Office or, if none, Residence

The address of the Trust and the Trustee is:

20,600 Northridge Road

Chatsworth, CA 91311

(c)

Citizenship

The citizenship of the Trust and the Trustee is:

California

(d)

Title of Class of Securities

Common Stock, par value $0.0001 per share

(e)

CUSIP Number

73102V105

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.

(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)

☐

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)

☐

A parent holding company or control person in accordance with § 240.13d‑1(b)(1)(ii)(G).

(h)

☐

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(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.

(j)

☐

Group, in accordance with § 240.13d‑1(b)(1)(ii)(J).

 

 

 

Item 4.

Ownership

(a)

Amount Beneficially Owned

The Trust and the Trustee, by virtue of his power to dispose or direct the disposition of and to vote or direct the vote of the shares of Common Stock on behalf of the Trust, are each deemed to be the beneficial owner of 700,000 shares of Common Stock of the Issuer.

(b)

Percent of Class

The Trust and Trustee each beneficially owns 6.90% of the Issuer's issued and outstanding Common Stock.*

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote

The Trust and the Trustee each have sole voting power with respect to 0 shares of the Issuer's Common Stock.

(ii)

Shared power to vote or to direct the vote

The Trust and the Trustee each have shared voting power with respect to 700,000 shares of the Issuer's Common Stock.

(iii)

Sole power to dispose or to direct the disposition of

The Trust and the Trustee each have sole power to dispose or direct the disposition of 0 shares of the Issuer's Common Stock.

(iv)

Shared power to dispose or to direct the disposition of

The Trust and the Trustee each have shared power to dispose or direct the disposition of 700,000 shares of the Issuer's Common Stock.

Instruction.  For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1).

Instruction.  Dissolution of a group requires a response to this item.

Not Applicable

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 not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose 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.

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative.  If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference.  The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

NOTE:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

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