SEC Form 4 · accession 0000921895-18-000334
AEGEAN MARINE PETROLEUM NETWORK INC. · ANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
SHAH CAPITAL MANAGEMENT
10% Owner
SHAH CAPITAL OPPORTUNITY FUND LP
10% Owner
Shah Himanshu
10% Owner
Period of report
Dec 29, 2017
Accepted (ET)
Feb 1, 2018 · 10:47 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001344376
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1,F2,F3 | Dec 29, 2017 | P | 6,200 | $4.2522 | A | 865,000 | I | By: Shah Capital Opportunity Fund LP |
| Common Stock, par value $.01 per shareF1,F2,F4 | Jan 31, 2018 | P | 47,917 | $4.65 | A | 192,507 | I | By: Shah Capital Management |
| Common Stock, par value $.01 per shareF1,F2,F5 | holding | — | — | — | 35,594 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by Shah Capital Opportunity Fund LP ("Shah Oppportunity"), Shah Capital Management ("Shah Management"), and Himanshu H. Shah (collectively, the "Reporting Persons").
- F2Each Reporting Person is a member of a reporting group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. As such, the Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his/her pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such shares of Common Stock for any purpose, including for the purpose of Section 16.
- F3Shares of Common Stock beneficially owned by Shah Opportunity. Shah Management, as the investment manager of Shah Opportunity, may be deemed to be the beneficial owner of the shares beneficially owned by Shah Opportunity. Mr. Shah, as the President and Chief Investment Officer of Shah Management, may be deemed to be the beneficial owner of the shares beneficially owned by Shah Opportunity.
- F4Shares held in an account managed by Shah Management. Mr. Shah, as the President and Chief Investment Officer, may be deemed to be the beneficial owner of the shares beneficially owned by Shah Management.
- F5Shares of Common Stock owned directly by Mr. Himanshu Shah.