SEC Form 4 · accession 0001491567-18-000006
SOLITRON DEVICES INC · SODI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Olesen Value Fund L.P.
10% Owner
Period of report
Oct 29, 2018
Accepted (ET)
Oct 31, 2018 · 9:27 pm 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 Stock, $0.01 par valueF1 | Oct 29, 2018 | P | 5,000 | $2.91 | A | 230,320 | D | |
| Common Stock, $0.01 par valueF1,F2 | Oct 29, 2018 | P | 5,000 | $2.91 | A | 230,320 | I | By Olesen Value Fund GP LLC |
| Common Stock, $0.01 par valueF1,F3 | Oct 29, 2018 | P | 5,000 | $2.91 | A | 230,320 | I | By Olesen Capital Management LLC |
| Common Stock, $0.01 par valueF1,F4 | Oct 29, 2018 | P | 5,000 | $2.91 | A | 230,320 | I | By Christian Olesen |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen, the address of each of which is 60 W. Broad Street, Suite 304, Bethlehem, PA 18018 (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its or his pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- F2Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Olesen Value Fund GP LLC, as the general partner of Olesen Value Fund L.P., may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund L.P.
- F3Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Olesen Capital Management LLC, as the investment manager of Olesen Value Fund L.P., may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund.
- F4Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Christian Olesen, as the managing member of Olesen Value Fund GP LLC and Olesen Capital Management LLC, may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund L.P.