SEC Form 4 · accession 0001179110-16-029176
TOP SHIPS INC. · TOPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronin Capital, LLC
10% Owner
Period of report
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 12:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001296484
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Aug 30, 2016 | S | 8,400 | $3.955 | D | 102,850 | D | |
| Common StockF2 | Aug 31, 2016 | S | 27,500 | $3.865 | D | 75,350 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $3.92 to $3.99. The price reported above reflects the average purchase price. The reporting person hereby undertakes 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 the transactions were effected.
- F2This transaction was executed in multiple trades at prices ranging from $3.78 to $3.95. The price reported above reflects the average purchase price. The reporting person hereby undertakes 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 the transactions were effected.