SEC Form 4 · accession 0001209191-17-027561
LEARNING TREE INTERNATIONAL, INC. · LTRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
OSMIUM CAPITAL LP
10% Owner
Osmium Partners, LLC
10% Owner
Spartan L P Osmium
10% Owner
John Hartnett Lewis
10% Owner
Osmium Capital II, LP
10% Owner
Period of report
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001002037
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 17, 2017 | P | 5,500 | $2.25 | A | 421,989 | I | By Osmium Capital II, LP |
| Common StockF2,F1 | Apr 18, 2017 | P | 35,000 | $2.4538 | A | 918,108 | I | By Osmium Capital, LP |
| Common StockF2,F1 | Apr 18, 2017 | P | 13,400 | $2.4538 | A | 435,389 | I | By Osmium Capital II, LP |
| Common StockF3,F1 | Apr 19, 2017 | P | 9,000 | $2.5444 | A | 292,543 | I | By Osmium Spartan, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The general partner of Osmium Capital, LP, Osmium Capital II, LP and Osmium Spartan, 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 and Osmium Spartan, 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.
- F2This transaction was executed in multiple trades at prices ranging from $2.45 to $2.50. 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.
- F3This transaction was executed in multiple trades at prices ranging from $2.50 to $2.55. 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.