Filing Details
- Accession Number:
- 0001437749-15-022545
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2015-12-18 18:59:08
- Reporting Period:
- 2015-12-14
- Filing Date:
- 2015-12-18
- Accepted Time:
- 2015-12-18 18:59:08
- Original Submission Date:
- 2014-12-16
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1325533 | Red Oak Partners, Llc | 1969 Sw 17Th St. Boca Raton FL 33486 | No | No | Yes | No | |
1423093 | David Sandberg | 1969 Sw 17Th St. Boca Raton FL 33486 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-12-14 | 25,706 | $1.48 | 25,706 | No | 4 | P | Indirect | By The Red Oak Institutional Founders Long Fund, LP directly |
Common Stock | Acquisiton | 2015-12-14 | 5,651 | $1.48 | 5,651 | No | 4 | P | Indirect | By the Wolverine Trading LLC directly |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By The Red Oak Institutional Founders Long Fund, LP directly |
No | 4 | P | Indirect | By the Wolverine Trading LLC directly |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 648,956 | Indirect | By David Sandberg Directly |
Common Stock | 501,308 | Indirect | By Pinnacle Opportunities Fund, LP directly |
Common Stock | 1,088,470 | Indirect | By the Red Oak Fund LP directly |
Common Stock | 523,679 | Indirect | By the Red Oak Long Fund LP directly |
Footnotes
- Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
- ROP serves as a managing member of Pinnacle Capital Partners, LLC, a Florida limited liability company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle Opportunities Fund, LP, a Delaware limited partnership ("Pinnacle Fund"), the direct owner of the subject securities.
- ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
- Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
- ROP serves as the general partner of The Red Oak Institutional Founders Long Fund, LP, a Delaware limited partnership (the "Founders Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Founders Fund's portfolio manager.
- ROP serves as the investment manager and has trading and voting authority over shares held in a separate managed account held by Wolverine Trading LLC ("Wolverine"). David Sandberg is the managing member of ROP.
- This transaction was executed in multiple trades at prices ranging from $1.44 to $1.49. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.