SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Tsirigakis Prokopios Akis (Last) (First) (Middle) C/O PHUNWARE, INC. 7800 SHOAL CREEK BLVD, SUITE 230-S (Street) AUSTIN TX 78757 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Stellar Acquisition III Inc. [ PHUN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 12/26/2018
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/26/2018		J		126,368(1)	D	$0	796,957	I(2)	See Footnote(2)
Common Stock	12/26/2018		J		91,689(3)	D	$0	705,268	I(2)	See Footnote(2)
Common Stock	12/26/2018		J		317,371(4)	D	$0	387,897	I(2)	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	$11.5	12/26/2018		A		3,985,244(5)		01/25/2019	08/23/2021	Common Stock	3,985,244	$0.5(5)	3,985,244	I(2)	See footnote(2)
Warrant	$11.5	12/26/2018		J			295,113(6)	01/25/2019	08/23/2021	Common Stock	295,113	$0(6)	3,690,131	I(2)	See footnote(2)
Warrant	$11.5	12/26/2018		A		664,742(7)		01/25/2019	08/23/2021	Common Stock	664,742	$0(7)	4,354,873	I(2)	See footnote(2)

1. Name and Address of Reporting Person* Tsirigakis Prokopios Akis (Last) (First) (Middle) C/O PHUNWARE, INC. 7800 SHOAL CREEK BLVD, SUITE 230-S (Street) AUSTIN TX 78757 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Astra Maritime Corp (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS F4 15125 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former Principal Stockholder

1. Name and Address of Reporting Person* Dominium Investments Inc (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS F4 15125 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former Principal Stockholder

Explanation of Responses:

1. To facilitate the business combination (the "Business Combination") between Stellar Acquisition III Inc. (the "Issuer") and Phunware Inc. ("Phunware") consummated on December 26, 2018, Astra Maritime Corp. and Dominium Investments Inc. (the "Sponsors") agreed to assign an aggregate of 126,368 shares of common stock issued to them in 2016 (the "Sponsor Shares") to certain investor.

2. Prokopios (Akis) Tsirigakis is the sole officer and director of each of the Sponsors and accordingly is deemed the beneficial owner of the shares held by the Sponsors and has sole voting and dispositive control over such securities.

3. In connection with the Business Combination, the Sponsors agreed to assign an aggregate of 91,689 Sponsor Shares to certain service providers.

4. In connection with the Business Combination, the Sponsors agreed to forfeit an aggregate of 317,371 Sponsor Shares at no cost.

5. The Sponsors acquired these warrants for a purchase price of $0.50 per warrant in connection with the Issuer's initial public offering. The warrants become eligible for exercise 30 days following the consummation of the Business Combination. Because the exercise of the warrants was contingent upon the closing of the Issuer's initial business combination, these warrants were not reported at the time of acquisition. The acquisition is being reported now in connection with the consummation of the Business Combination on December 26, 2018.

6. To facilitate the Business Combination, the Sponsors agreed to assign 250,000 of the warrants it previously held to certain investor and 45,113 of such warrants to certain service provider.

7. In connection with conversion of promissory notes previously issued to the Sponsors, the Sponsors were issued an aggregate of 664,724 warrants.

	/s/ Prokopios (Akis) Tsirigakis	12/28/2018
	/s/ Prokopios (Akis) Tsirigakis, Authorized Person, Astra Maritime Corp.	12/28/2018
	/s/ Prokopios (Akis) Tsirigakis, Authorized Person, Dominium Investments Inc.	12/28/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.