SEC Form 4 · accession 0001058854-18-000048

NORTH AMERICAN ENERGY PARTNERS INC · NOA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Oct 4, 2018

Accepted (ET)

Oct 9, 2018 · 5:52 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001272869

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Oct 4, 2018	S	99,854	$11.0367	D	2,934,314	I	By partnerships and corporations
Common Stock^F1,F2	Oct 5, 2018	S	9,692	$11.7497	D	2,924,622	I	By partnerships and corporations
Common Stock^F1,F2	Oct 8, 2018	S	146,085	$12.283	D	2,778,537	I	By partnerships and corporations
Common Stock^F1,F2	Oct 9, 2018	S	3,250	$12.5632	D	2,775,287	I	By partnerships and corporations

No Table II lines on this filing.

F1As of October 9, 2018, Tonga Partners, LP, Cuttyhunk II Fund, Tristan Partners, LP, Tristan Offshore Fund, Ltd. and sundry separately managed accounts (collectively the "Cannell Investment Vehicles") owned in the aggregate 2,775,287 shares of the common stock of North American Energy Partners, Inc.
F2Cannell Capital LLC acts as the investment sub-adviser to the Cuttyhunk II Fund, the investment advisor to Tristan Offshore Funds, Ltd. and the sundry separately managed accounts, and serves as the general partner of and investment adviser to Tonga Partners, LP and Tristan Partners, LP. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of North American Energy Partners, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of October 9, 2018, Mr. Cannell beneficially owns 2,775,287 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.