SEC Form 4 · accession 0001213900-16-015747
SOLITRON DEVICES INC · SODI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Howard Timothy Eriksen
Officer — CEO and Interim CFO · Director
Period of report
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 11:41 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091668
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 9, 2016 | P | 6,100 | $4.12 | A | 8,400 | D | |
| Common StockF1 | Aug 9, 2016 | P | 1,600 | $4.07 | A | 10,000 | D | |
| Common StockF2,F3 | Aug 9, 2016 | P | 900 | $4.07 | A | 153,222 | I | See footnote |
| Common StockF2,F3 | Aug 9, 2016 | P | 100 | $4.05 | A | 153,322 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are owned solely by Tim Eriksen ("Mr. Eriksen").
- F2Represents 135,322 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 18,000 shares owned by managed accounts of ECM, who are also responsible to vote the shares.
- F3This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the Shares owned by Cedar Creek Partners and the managed accounts.