SEC Form 4 · accession 0001491567-19-000001

SOLITRON DEVICES INC · SODI

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

Reporting owners

10% Owner

10% Owner

10% Owner

10% Owner

Period of report

Dec 28, 2018

Accepted (ET)

Jan 3, 2019 · 5:41 pm EST

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 value^F1	Dec 28, 2018	P	5,000	$1.70	A	262,820	D
Common Stock, $0.01 par value^F1,F2	Dec 28, 2018	P	5,000	$1.70	A	262,820	I	By Olesen Value Fund GP LLC
Common Stock, $0.01 par value^F1,F3	Dec 28, 2018	P	5,000	$1.70	A	262,820	I	By Olesen Capital Management LLC
Common Stock, $0.01 par value^F1,F4	Dec 28, 2018	P	5,000	$1.70	A	262,820	I	By Christian Olesen
Common Stock, $0.01 par value^F1	Dec 31, 2018	P	5,000	$1.60	A	267,820	D
Common Stock, $0.01 par value^F1,F2	Dec 31, 2018	P	5,000	$1.60	A	267,820	I	By Olesen Value Fund GP LLC
Common Stock, $0.01 par value^F1,F3	Dec 31, 2018	P	5,000	$1.60	A	267,820	I	By Olesen Capital Management LLC
Common Stock, $0.01 par value^F1,F4	Dec 31, 2018	P	5,000	$1.60	A	267,820	I	By Christian Olesen

No Table II lines on this filing.

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 L.P.
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.