SEC Form 4 · accession 0001058854-16-000067
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
Mar 24, 2016
Accepted (ET)
Mar 29, 2016 · 6:31 pm EDT
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 | Mar 24, 2016 | P | 1,440 | $6.0969 | A | 1,042,083 | I | By partnerships and corporations |
| Common StockF1,F2 | Mar 28, 2016 | P | 400 | $6.10 | A | 1,042,483 | I | By partnerships and corporations |
| Common StockF1,F2 | Mar 29, 2016 | P | 4,335 | $6.0996 | A | 1,046,818 | I | By partnerships and corporations |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of March 29, 2016 Tristan Offshore Fund Limited ("Tristan Offshore") and Tristan Partners, L.P. ("Tristan" and collectively with Tristan Offshore, the "Funds") collectively owned in the aggregate 1,046,818 shares of common stock, with par value of $0.001 per Class A 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 March 29, 2016 Mr. Cannell is deemed to beneficially own 1,046,818 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.