SEC Form 4 · accession 0001058854-15-000029
Health Insurance Innovations, Inc. · HIIQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CANNELL CAPITAL LLC
10% Owner
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 7:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001561387
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 17, 2015 | P | 33,378 | $4.5637 | A | 971,412 | I | By partnerships and corporations |
| Common StockF1,F2 | Nov 18, 2015 | P | 13,400 | $4.508 | A | 984,812 | I | By partnerships and corporations |
| Common StockF1,F2 | Nov 19, 2015 | P | 12,470 | $4.55 | A | 997,282 | I | By partnerships and corporations |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of November 19, 2015 Tristan Offshore Fund Limited ("Tristan Offshore") and Tristan Partners, L.P. ("Tristan") collectively owned in the aggregate 997,282 shares of common stock, with par value of $0.001 per share of Health Insurance Innovations, Inc. ("the Company")
- F2Cannell Capital LLC acts as the investment adviser to Tristan Offshore and is the general partner of and investment adviser to Tristan. As a result, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of the Company held by the Funds. Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. Thus, for the purposes of Reg. Section 240.13d-3, as of November 19, 2015 Mr. Cannell is deemed to beneficially own 997,282 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Funds, if any.