SEC Form 4 · accession 0000921895-16-006221
FAMOUS DAVES OF AMERICA INC · DAVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Walsh
Director
Period of report
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 6:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF3,F1 | Nov 17, 2016 | S | 17,400 | $4.8039 | D | 329,777 | I | By: PW Partners Atlas Fund LP |
| Common Stock, $0.01 par valueF3,F1 | Nov 18, 2016 | S | 13,203 | $4.7379 | D | 316,574 | I | By: PW Partners Atlas Fund LP |
| Common Stock, $0.01 par valueF3,F1 | Nov 21, 2016 | S | 31,899 | $4.5731 | D | 284,675 | I | By: PW Partners Atlas Fund LP |
| Common Stock, $0.01 par valueF3,F2 | holding | — | — | — | 35,000 | I | By: PW Partners Atlas Fund II, LP | |
| Common Stock, $0.01 par value | holding | — | — | — | 52,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents securities owned directly by PW Partners Atlas Fund LP ("Atlas Fund"). The Reporting Person, solely by virtue of his position as the Managing Member of PW Partners Capital Management LLC ("PW Capital Management"), the Investment Manager of Atlas Fund, and as the Managing Member and Chief Executive Officer of PW Partners Atlas Funds, LLC ("Atlas Fund GP"), the General Partner of Atlas Fund, may be deemed to beneficially own the securities owned directly by Atlas Fund. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F2Represents securities owned directly by PW Partners Atlas Fund II LP ("Atlas Fund II"). The Reporting Person, solely by virtue of his position as the Managing Member of PW Capital Management, the Investment Manager of Atlas Fund II, and as the Managing Member and Chief Executive Officer of Atlas Fund GP, the General Partner of Atlas Fund II, may be deemed to beneficially own the securities owned directly by Atlas Fund II. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3Atlas Fund, Atlas Fund II, PW Capital Management and Atlas Fund GP do not, individually or collectively, beneficially own more than 10% of the Issuer's outstanding shares of common stock and therefore none of such entities are subject to Section 16 of the Securities Exchange Act of 1934, as amended, with respect to the securities of the Issuer.