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Filing Details

Accession Number:: 0001209191-16-137333
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-08-16 18:38:54
Reporting Period:: 2016-08-13

Filing Date:: 2016-08-16
Accepted Time:: 2016-08-16 18:38:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1314475	Spark Networks Inc	LOV	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1192534	Osmium Capital Lp	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No
1316729	Osmium Partners, Llc	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No
1367480	P L Spartan Osmium	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No
1386292	Hartnett John Lewis	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No
1451006	Osmium Capital Ii, Lp	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No
1589408	Osmium Diamond, Lp	300 Drakes Landing Road Suite 172 Greenbrae CA 94904	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-08-13	5,795	$0.00	68,652	No	4	M	Indirect	By John H. Lewis directly
Common Stock	Acquisiton	2016-08-15	26,500	$1.50	364,243	No	4	P	Indirect	By Osmium Spartan, LP
Common Stock	Acquisiton	2016-08-16	25,000	$1.46	1,598,115	No	4	P	Indirect	By Osmium Capital, LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	By John H. Lewis directly
No	4	P	Indirect	By Osmium Spartan, LP
No	4	P	Indirect	By Osmium Capital, LP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2016-08-13	5,795	$0.00	5,795	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,795			No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,197,699	Indirect	By Osmium Capital II, LP
Common Stock	282,400	Indirect	By Osmium Diamond, LP

Footnotes

Each restricted stock unit represents a contingent right to receive one share of Spark Networks, Inc.'s common stock.
The general partner of Osmium Capital, LP, Osmium Capital II, LP, Osmium Spartan, LP and Osmium Diamond, LP is Osmium Partners, LLC. John H. Lewis is the controlling member of Osmium Partners, LLC, and Mr. Lewis may be deemed to have voting and dispositive power with respect to the shares held by Osmium Capital, LP, Osmium Capital II, LP, Osmium Spartan, LP and Osmium Diamond, LP. Mr. Lewis disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Lewis 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.
This transaction was executed in multiple trades at prices ranging from $1.48 to $1.50. The price reported above 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 complete information regarding the number of shares and prices at which each of the individual transactions was effected.
This transaction was executed in multiple trades at prices ranging from $1.46 to $1.47. The price reported above 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 complete information regarding the number of shares and prices at which each of the individual transactions was effected.
Twenty-five percent (25%) of the restricted stock units subject to the award vest on each three month anniversary of the grant, such that one hundred percent (100%) of the award shall be vested upon the one year anniversary of the grant. In addition, all of the restricted stock units subject to the award vest fully upon a change in control.
Not applicable.