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
X	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* RWWI Holdings LLC (Last) (First) (Middle) C/O AMPERSAND VENTURES 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol RAND WORLDWIDE INC [ RWWI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Former 10% owner
	3. Date of Earliest Transaction (Month/Day/Year) 11/04/2014
	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	11/04/2014		U		25,232,682(1)	D	$1.2	0	D

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

1. Name and Address of Reporting Person* RWWI Holdings LLC (Last) (First) (Middle) C/O AMPERSAND VENTURES 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former 10% owner

1. Name and Address of Reporting Person* AMPERSAND 2006 L P (Last) (First) (Middle) C/O AMPERSAND VENTURES 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former 10% owner

1. Name and Address of Reporting Person* AMP-06 Management Co Limited Partnership (Last) (First) (Middle) C/O AMPERSAND VENTURES 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former 10% owner

1. Name and Address of Reporting Person* AMP-06 MC LLC (Last) (First) (Middle) C/O AMPERSAND VENTURES 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Former 10% owner

Explanation of Responses:

1. These shares were directly owned by RWWI Holdings LLC ("Holdings"). Ampersand 2006 Limited Partnership ("Fund I") is the sole manager of Holdings with the exclusive right and full authority to manage and operate Holdings, including with respect to the voting and disposition of the Common Stock held by Holdings. AMP-06 Management Company Limited Partnership ("Fund 2") is the General Partner of Fund I, and AMP-06 MC LLC ("Fund 3", and together with Fund 1 and Fund 2, the "Funds") is the General Partner of Fund 2. Each of the Funds disclaims beneficial ownership of the Common Stock except to the extent of its respective pecuniary interest therein.

Remarks:

	Richard A. Charpie, Principal Managing Member of AMP-06 MC LLC, the General Partner of AMP-06 Management Company Limited Partnership, the General Partner of Ampersand 2006 Limited Partnership, the Manager of RWWI Holdings LLC	11/06/2014
	Richard A. Charpie, Principal Managing Member of AMP-06 MC LLC, the General Partner of AMP-06 Management Company Limited Partnership, the General Partner of Ampersand 2006 Limited Partnership	11/06/2014
	Richard A. Charpie, Principal Managing Member of AMP-06 MC LLC, the General Partner of AMP-06 Management Company Limited Partnership	11/06/2014
	Richard A. Charpie, Principal Managing Member of AMP-06 MC LLC	11/06/2014
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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