Filing Details
- Accession Number:
- 0000921895-18-003296
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-12-13 18:57:57
- Reporting Period:
- 2018-12-11
- Accepted Time:
- 2018-12-13 18:57:57
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
945989 | Astea International Inc | ATEA | Services-Prepackaged Software (7372) | 232119058 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1681614 | Kanen Wealth Management Llc | 10141 Sweet Bay Court Parkland FL 33076 | No | No | Yes | No | |
1681743 | David Kanen | 10141 Sweet Bay Court Parkland FL 33076 | No | No | Yes | No | |
1688522 | Philotimo Fund, Lp | 5850 Coral Ridge Drive, Suite 309 Coral Springs FL 33076 | No | 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 | 2018-12-11 | 300 | $5.48 | 195,010 | No | 4 | P | Indirect | Kanen Wealth Management LLC |
Common Stock | Acquisiton | 2018-12-12 | 500 | $5.50 | 195,510 | No | 4 | P | Indirect | Kanen Wealth Management LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Kanen Wealth Management LLC |
No | 4 | P | Indirect | Kanen Wealth Management LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,600 | Direct | |
Common Stock | 170,599 | Indirect | The Philotimo Fund LP |
Footnotes
- This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM") and the Philotimo Fund, LP (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own.
- Mr. Kanen beneficially owns, pursuant to the beneficial ownership rules of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), 368,709 shares of Common Stock, which represent approximately 10.2% of the Issuer's outstanding shares of Common Stock. Pursuant to such beneficial ownership rules, Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the 198,110 shares of Common Stock held in customer accounts managed by KWM (including the 2,600 shares held in Mr. Kanen's account) and the 170,599 shares of Common Stock held by The Philotimo Fund LLC, of which KWM is the general partner. Mr. Kanen expressly disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Mr. Kanen does not have a pecuniary interest under Section 16 of the Exchange Act in the shares of Common Stock held in customer accounts managed by KWM other than the 2,600 shares held in Mr. Kanen's account.
- Kanen Wealth Management LLC ("KWM") does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM. The number reflected above excludes 2,600 shares held in Mr. Kanen's account as described in footnote 2 above.