SEC Form 4 · accession 0001058854-15-000017
North American Energy Partners Inc. · NOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CANNELL CAPITAL LLC
10% Owner
Period of report
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 7:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 24, 2015 | P | 17,987 | $1.6958 | A | 3,620,175 | I | By partnerships and corporations |
| Common StockF1,F2 | Aug 25, 2015 | P | 2,200 | $1.85 | A | 3,622,375 | I | By partnerships and corporations |
| Common StockF1,F2 | Aug 26, 2015 | P | 15,000 | $1.9896 | A | 3,637,375 | I | By partnerships and corporations |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of August 26, 2015, Tonga Partners, LP, Cuttyhunk II Fund and sundry separately managed accounts (collectively the "Cannell Investment Vehicles") owned in the aggregate 3,637,375 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, advisor to the sundry separately managed accounts, and is the general partner of and investment adviser to Tonga 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 August 26, 2015, Mr. Cannell beneficially owns 3,637,375 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.