SEC Form 4 · accession 0001058854-15-000020
HOOPER HOLMES INC · HPHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CANNELL CAPITAL LLC
10% Owner
Period of report
Sep 8, 2015
Accepted (ET)
Sep 11, 2015 · 8:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000741815
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Sep 8, 2015 | S | 112,932 | $0.1606 | D | 10,450,984 | I | By partnerships, corporations, and other individual accounts |
| Common StockF1,F2,F3 | Sep 11, 2015 | S | 110,418 | $0.1613 | D | 10,340,566 | I | By partnerships, corporations, and other individual accounts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of September 11, 2015 Tristan Offshore Fund Limited ("Tristan Offshore"), Tristan Partners, L.P. ("Tristan"), and sundry separately-managed accounts managed by Cannell Capital LLC, ("Cannell SMAs" collectively with Tristan Offshore and Tristan the "Funds") owned in the aggregate (i) 10,340,566 shares of common stock, with par value of $0.04 per share of Hooper Holmes Inc. ("the Company")
- F2Cannell Capital LLC acts as the investment adviser to Tristan Offshore and the Cannell SMAs, 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 September 11, 2015 Mr. Cannell is deemed to beneficially own 10,340,566 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.
- F3The sale transactions reported on this Form 4 were made on the behalf of a Cannell SMA. The account which sold shares of the Company last purchased shares of the Company on April 16, 2013. The cost basis of the shares of the Company held by this account average $0.39 per share.