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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
JOBSON CHARLES E 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X | X | ||
DELTA PARTNERS LP 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X | |||
Delta Partners GP, LLC 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X | |||
Delta Advisors, LLC 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X | |||
PRISM PARTNERS, L.P. 265 FRANKLIN STREET SUITE 903 BOSTON, MA 02110 |
X |
Charles Jobson | 12/22/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reporting person, Delta Partners, LP is the investment manager for three private funds, Prism Partners, L.P., Prism Offshore Fund, Ltd. and Delta Growth Master Fund, LP and is deemed to have beneficial ownership. The three funds are the actual owners of the Common Stock of the Issuer. One of these funds, Prism Offshore Fund, Ltd., made a pro rata distribution for no consideration of an aggregate amount of 901,586 shares of Common Stock of the Issuer to it members as of December 20, 2017. |
(2) | In connection with the distribution described in Footnote (1), Reporting Person Delta Partners, LP received an aggregate of 879,117 shares of the Issuer. Of the shares reported herein as owned after the transaction, 1,363,440 of such shares are held directly by Reporting Person Prism Partners, L.P., 879,117 are held directly by Reporting Person Delta Partners, LP, and 6,200 are held by an entity of which Reporting Person Delta Advisors, LLC is the general partner. Delta Advisors is also the general partner of Prism Partners, L.P. Delta Partners GP, LLC is the general partner of Delta Partners, LP. Charles Jobson, a member of the Board of Directors of the Issuer, is the principal of Delta Partners and managing member of Delta Partners GP, and Delta Advisors and can be deemed to have investment discretion. Each of Delta Partners, Delta Advisors, Delta Partners GP and Mr. Jobson disclaim Section 16 beneficial ownership except to the extent, if any, of their pecuniary interest. |