SEC Form 4 · accession 0000919574-18-006952
SideChannel, Inc. · SDCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
MANCHESTER MANAGEMENT CO LLC
10% Owner
Manchester Explorer, L.P.
10% Owner
James E Besser
10% Owner
MANCHESTER MANAGEMENT PR, LLC
10% Owner
Period of report
Oct 31, 2018
Accepted (ET)
Nov 1, 2018 · 6:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022505
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Oct 31, 2018 | P | 15,000 | $1.88 | A | 3,645,500 | I | See footnote |
| Common SharesF1,F2 | Nov 1, 2018 | P | 11,100 | $1.81 | A | 3,656,600 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are directly owned by Manchester Explorer, L.P. The reported securities are indirectly beneficially owned by Manchester Management PR, LLC and Manchester Management Company, LLC as a result of having investment discretion over certain advisory accounts they manage. Manchester Management PR, LLC, a Puerto Rico limited liability company, provides investment management services to private individuals and institutions. The reported securities may also be deemed to be indirectly beneficially owned by James E. Besser, as the Managing Member of Manchester Management PR, LLC and Manchester Management Company, LLC.
- F2Each of the Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange.