SEC Form 4 · accession 0001209191-16-130036
FAMOUS DAVES OF AMERICA INC · DAVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 27, 2016
Accepted (ET)
Jun 29, 2016 · 3:43 pm EDT
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 StockF1,F2,F3,F4 | Jun 27, 2016 | S | 35,000 | $5.02 | D | 347,177 | I | By PW Partners Atlas Fund LP |
| Common Stock | Jun 27, 2016 | P | 35,000 | $5.02 | A | 35,000 | I | PW Partners Atlas Fund II, LP |
| Common Stock | holding | — | — | — | 52,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by PW Partners Atlas Fund LP, PW Partners Atlas Fund II, LP and Patrick Walsh, a director of the Issuer. PW Partners Atlas Fund LP, PW Partners Atlas Fund II, LP and Mr. Walsh are members of a Section 13(d) reporting group.
- F2PW Partners Atlas Fund LP and Mr. Walsh disclaim beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.
- F3A previous Form 4 reported indirect ownership of by PW Partners Atlas Fund LP of 381,177 shares. The indirect ownership was correctly 382,177 shares and the total ownership has been corrected after the sale in this reporting.
- F4Represents shares of common stock owned directly by PW Partners Atlas Fund LP ("Atlas Fund"). As the General Partner of Atlas Fund, PW Partners Atlas Funds, LLC may be deemed to beneficially own the shares of Common Stock owned directly by Atlas Fund. As the Investment Manager of Atlas Fund, PW Partners Capital Management may be deemed to beneficially own the shares of Common Stock owned directly by Atlas Fund. As the Managing Member of PW Partners Capital Management LLC and the Managing Member and Chief Executive Officer of Atlas Fund GP, Mr. Walsh may be deemed to beneficially own the shares of Common Stock owned directly by Atlas Fund.