SEC Form 4 · accession 0001325533-15-000009
SMTC CORP · SMTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108320
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF5,F1,F2,F3,F4 | Jun 15, 2015 | P | 9,024 | $1.80 | A | 2,068,919 | I | By The Red Oak Long Fund, L.P. |
| Common StockF5,F1,F2,F3,F4 | Jun 15, 2015 | P | 8,638 | $1.80 | A | 2,077,557 | I | By Pinnacle Opportunities Fund, LP |
| Common StockF6,F1,F2,F3,F4 | Jun 16, 2015 | P | 9,963 | $1.819 | A | 2,087,520 | I | By The Red Oak Long Fund, L.P. |
| Common StockF6,F1,F2,F3,F4 | Jun 16, 2015 | P | 9,537 | $1.819 | A | 2,097,057 | I | By Pinnacle Opportunities Fund, LP |
| Common Stock | holding | — | — | — | 643,400 | I | By David Sandberg directly |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
- F2ROP serves as a managing member of Pinnacle Capital Partners, LLC, a Florida limited liability company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle Opportunities Fund, LP, a Delaware limited partnership ("Pinnacle Fund"), the direct owner of the subject securities.
- F3ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
- F4Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person 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.
- F5This transaction was executed in multiple trades at prices ranging from $1.79 to $1.80. The price reported 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 full information regarding the number of shares and prices at which each of the individual transactions was effected.
- F6This transaction was executed in multiple trades at prices ranging from $1.80 to $1.85. The price reported 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 full information regarding the number of shares and prices at which each of the individual transactions was effected.