Filing Details

CUSIP No. 55315D105

13G

  1 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Gary A. Mentesana

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5 

SOLE VOTING POWER

170,000

6

SHARED VOTING POWER

158,477

7

SOLE DISPOSITIVE POWER

170,000

8

SHARED DISPOSITIVE POWER

158,477

  9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

328,477

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

☐

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

5.4% **

12

TYPE OF REPORTING PERSON*

IN

*

SEE INSTRUCTIONS BEFORE FILLING OUT

**

SEE ITEM 4(b).

Item 1(a)

Name of Issuer.

Item 1(b)

Address of Issuer’s Principal Executive Offices.

Item 2(a)

Name of Person Filing.

Item 2(b)

Address of Principal Business Office, or, if none, Residence.

Item 2(c)

Citizenship or Place of Organization.

Item 2(d)

Title of Class of Securities.

Item 2(e)

CUSIP Number.

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 (15 U.S.C. 78o).

(b)

☐

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

☐

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

☐

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

☐

An investment advisor 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 (12 U.S.C. 1813).

(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 (15 U.S.C. 80a-3).

(j)

☐

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

Item 4

Ownership.

(a)

The Reporting Person may be deemed the beneficial owner of 328,477 shares of Common Stock.

(b)

The Reporting Person may be deemed the beneficial owner of 5.4% of the outstanding shares of Common Stock. This percentage was calculated by dividing (i) the number of shares of Common Stock reported in Item 4(a) held by the Reporting Person by (ii) 6,131,721, the number of shares of Common Stock issued and outstanding as of November 2, 2016, as reported in the Issuer’s Form 10-Q filed on November 9, 2016 with the Securities and Exchange Commission (5,961,721) plus the additional shares outstanding if the stock option awards were exercised (170,000).

(c)

The Reporting Person has the power to vote and dispose of the 158,477 shares of Common Stock held directly as of December 31, 2016.  In addition, the Reporting Person is eligible to acquire 170,000 additional shares via the exercise of vested stock option awards.

Item 5

Ownership of Five Percent or Less of a Class.

Item 6

Ownership of More Than Five Percent on Behalf of Another Person.

Item 7

Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.

Item 8

Identification and Classification of Members of the Group.

Item 9

Notice of Dissolution of Group.

Item 10

Certification.

/s/ Gary A. Mentesana

Gary A. Mentesana