Filing Details
- Accession Number:
- 0001437749-17-008774
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-11 16:12:05
- Reporting Period:
- 2017-05-11
- Filing Date:
- 2017-05-11
- Accepted Time:
- 2017-05-11 16:12:05
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1265572 | Kona Grill Inc | KONA | Retail-Eating Places (5812) | 200216690 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1434431 | Bbs Capital Fund Lp | 5524 East Estrid Avenue Scottsdale AZ 85254 | No | No | Yes | No | |
1453410 | Berke Bakay | 15059 North Scottsdale Road, Suite 300 Scottsdale AZ 85254 | President And Ceo | Yes | Yes | Yes | No |
1453528 | Bbs Capital, Llc | 5524 East Estrid Avenue Scottsdale AZ 85254 | Yes | No | Yes | No | |
1453529 | Bbs Capital Management, Lp | 5524 East Estrid Avenue Scottsdale AZ 85254 | Yes | No | Yes | No | |
1453530 | Bbs Capital Gp, Lp | 5524 East Estrid Avenue Scottsdale AZ 85254 | Yes | No | Yes | 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 | 2017-05-11 | 50,000 | $4.83 | 1,280,000 | No | 4 | P | Indirect | By Fund |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Fund |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 92,602 | Direct |
Footnotes
- Price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $4.75 to $4.90, inclusive. The reporting persons undertake to provide Kona Grill, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range specified above.
- The filing of this Form 4 shall not be constructed as an admission that BBS Capital Management, LP ("BBS Management"), BBS Capital GP, LP ("BBS GP"), BBS Capital, LLC ("BBS Capital") or Mr. Berke Bakay are or were for the purpose of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the shares of common stock, par value $0.01 per share ("Common Stock"), of Kona Grill, Inc. (the "Issuer") owned by BBS Capital Fund, LP (the "Fund"). Mr Bakay, BBS GP, BBS Management and BBS Capital each disclaim any such beneficial ownership except to the extent of their pecuniary interest.
- The Fund beneficially owns 1,280,000 shares of Common Stock of the Issuer as of May 11, 2017 BBS GP, as general partner of the Fund, BBS Capital, as the general partner of BBS GP, and Mr. Bakay may be deemed to have an indirect pecuniary interest in such shares due to the performance allocation from the Fund and their direct or indirect partnership interests in the Fund. BBS Management, as investment manager to the Fund receives an asset-based management fee from the Fund and, therefore, has no pecuniary interest.