Filing Details

 

This Amendment is filed with respect to the shares of common stock, $.01 par value (the "Common Stock") of ParkerVision, Inc. ("Issuer") beneficially owned by the Reporting Persons identified below as of December 31, 2016 and amends and supplements the Schedule 13G filed on February 17, 2015, as previously amended (collectively, the "Schedule 13G").  Except as set forth herein, the Schedule 13G is unmodified.

The names of the persons filing this statement on this Schedule 13G (collectively, the "Reporting Persons") are Gem Partners, LP ("Gem Partners"), Flat Rock Partners LP ("Flat Rock"), Gem Investment Advisors, LLC ("Advisors") and Daniel M. Lewis.  Advisors is the general partner of Gem Partners and Flat Rock.  Mr. Lewis is the managing member of Advisors.  Gem Partners, Flat Rock, Advisors and Mr. Lewis expressly disclaim constituting a group for purposes of Section 13(d) of the Act with respect to the shares of Common Stock owned by Mr. Lewis personally.

Item 4.

Ownership.

(i) Gem Partners individually beneficially owns 492,387 shares of Common Stock.

(ii) Flat Rock individually beneficially owns 4,899 shares of Common Stock.

(iii) Advisors, as the general partner of Gem Partners and Flat Rock, beneficially owns the 492,387 shares of Common Stock beneficially owned by them.

(iv) Mr. Lewis, as the controlling person of Advisors, is deemed to beneficially own the shares of Common Stock held by Gem Partners and Flat Rock, for a total of 497,286 shares of Common Stock.

(v) Collectively, the Reporting Persons beneficially own 497,286 shares of Common Stock.

(b)                  Percent of Class:

(i) Gem Partners' individual beneficial ownership of shares of Common Stock represents 3.76% of all of the outstanding shares of Common Stock.

(ii) Flat Rock's individual beneficial ownership of shares of Common Stock represents 0.04% of all of the outstanding shares of Common Stock.

(iii) Advisors' beneficial ownership of shares of Common Stock represents 3.76% of all of the outstanding shares of Common Stock.

(iv) Mr. Lewis's beneficial ownership of shares of Common Stock represents 3.8% of all of the outstanding shares of Common Stock.

(v) Collectively, the Reporting Persons' beneficial ownership of shares of Common Stock represents 3.8% of all of the outstanding shares of Common Stock.

 

               

(c)                     Number of shares as to which such person has:

 

 

                                         See Cover Pages Items 5-9.

 

 

                                         See Cover Pages Items 5-9.

 

 

                                         See Cover Pages Items 5-9.

 

 

                                         See Cover Pages Items 5-9.

 

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

Item 10.

Certification.

By signing below the undersigned certifies that, to the best of its or his 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.

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

Dated:

February 14, 2017