SEC Form 3/A · accession 0001490812-16-000003

CCA INDUSTRIES INC · CAW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

This is an amendment (Form 3/A). It replaces an earlier filing for the same period.

Reporting owners

Lance T Funston

Officer — Chief Executive Officer · Director · 10% Owner · Other

Capital Preservation Holdings, LLC

Officer — Chief Executive Officer · Director · 10% Owner · Other

Capital Preservation Solutions, LLC

Officer — Chief Executive Officer · Director · 10% Owner · Other

Period of report

Sep 5, 2014

Accepted (ET)

Mar 22, 2016 · 2:32 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000721447

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock^F1	holding	—	—		—	967,702	I	By Capital Preservation Holdings, LLC

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Warrant (right to buy)^F3,F2	$3.17	holding	—	—	—	Sep 5, 2014	Sep 5, 2019	Common Stock	1,892,744	—	I

Explanation of responses

F1The Shares are directly owned by Capital Preservation Holdings, LLC ("Holdings"). As previously reported, Lance T. Funston ("Funston"), as the managing and controlling member of Holdings, may be deemed to beneficially own shares held by Holdings (including those previously reported) and Funston disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. This report provides a corrected beneficial ownership amount after giving effect to a January 21, 2016 resignation by minority members of Holdings (excluding Funston) and the distribution of all previously reported Common Stock held by Holdings to such minority members. These resignations resulted in Funston becoming the sole member of Holdings and a change in the previously reported aggregated securities held by Holdings. This change in the form of beneficial ownership of Funston's reported securities is exempt from Section 16 pursuant to Rule 16a-13.
F2The number of shares underlying the Warrant was originally reported as not exceeding twenty-four percent (24%) of the amount equal to (a) the issuer's issued and outstanding shares of Common Stock and Class A Common Stock as of each date the Warrant is exercised, less (b) in each case, the aggregate amount of shares of Common Stock previously issued upon exercise of the Warrant at a purchase price of $3.17 per share. This report reflects corrected ownership information following the issuance of a corrected warrant agreement, which was reported by the Company on Form 8-K on February 5,2015, to fix the number of underlying Warrant shares to the amount reported above.
F3The Warrant is directly owned by Capital Preservation Solutions, LLC ("Solutions"). Funston, as the sole member of Solutions, may be deemed to beneficially own the shares underlying the Warrant.

Remarks

Consistent with Instruction 8 of Form 3, this filing does not reiterate information that has not changed since the original Form 3 filing and accordingly does not reflect Common Stock owned directly by Funston and reported in the prior Form 3.