1
|
NAMES OF REPORTING PERSONS
|
||||
Jeffrey Eberwein
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
PF
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
United States
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
1,025,000
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
1,025,000
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
1,025,000
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
4.10%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
IN
|
1
|
NAMES OF REPORTING PERSONS
|
||||
Alfred John Knapp, Jr.
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
PF, AF
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
United States
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
133,800
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
133,800
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
133,800
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
0.53%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
IN
|
1
|
NAMES OF REPORTING PERSONS
|
||||
CCM Opportunistic Partners, LP
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
WC
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
Texas
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
58,300
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
58,300
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
58,300
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
0.23%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
PN
|
1
|
NAMES OF REPORTING PERSONS
|
||||
CCM Opportunistic Advisors, LLC
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
AF
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
Texas
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
58,300
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
58,300
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
58,300
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
0.23%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
IA
|
1
|
NAMES OF REPORTING PERSONS
|
||||
Aaron J. Kennon
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
PF
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
United States
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
25,000
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
25,000
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
25,000
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
0.10%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
IN
|
1
|
NAMES OF REPORTING PERSONS
|
||||
David M. Heikkinen
|
|||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||||
(a) [X]
|
|||||
(b) [ ]
|
|||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||||
PF
|
|||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||||
[ ]
|
|||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||||
United States
|
|||||
7
|
SOLE VOTING POWER
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
79,600
|
||||
8
|
SHARED VOTING POWER
|
||||
0
|
|||||
9
|
SOLE DISPOSITIVE POWER
|
||||
79,600
|
|||||
10
|
SHARED DISPOSITIVE POWER
|
||||
0
|
|||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||
79, 600
|
|||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||||
[ ]
|
|||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||||
0.32%
|
|||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||||
IN
|
|
(a)
|
This Schedule 13D is jointly filed by (each a “Reporting Person” and collectively, the “Reporting Persons”):
|
|
·
|
Jeffrey Eberwein (“Mr. Eberwein”)
|
|
·
|
Alfred John Knapp, Jr. (“Mr. Knapp”), CCM Opportunistic Partners, LP (“CCM Partners”) and CCM Opportunistic Advisors, LLC (“CCM Advisors”)
|
|
·
|
Aaron J. Kennon (“Mr. Kennon”)
|
|
·
|
David M. Heikkinen (“Mr. Heikkinen”)
|
|
·
|
The principal business address for Mr. Eberwein is 4 Lockwood Avenue, Old Greenwich, Connecticut 06870.
|
|
·
|
The principal occupation of Mr. Eberwein is a private investor.
|
|
·
|
The principal business address for Mr. Knapp is 919 Milam Street, Suite 1900, Houston, Texas 77002.
|
|
·
|
The principal business address for each of CCM Partners and CCM Advisors is 1177 West Loop South, Suite 1310, Houston, Texas 77027.
|
|
·
|
The principal occupation of Mr. Knapp is serving as president of Andover Group, Inc. and as manager of CCM Advisors.
|
|
·
|
The principal business of CCM Partners is investing in securities.
|
|
·
|
The principal business of CCM Advisors is serving as the investment manager of CCM Partners.
|
|
·
|
The principal business address for Mr. Kennon is 420 Lexington Avenue, Suite 2006, New York, New York 10170.
|
|
·
|
The principal occupation of Mr. Kennon is as chief executive officer of Clear Harbor Asset Management, LLC.
|
|
·
|
The principal business address for Mr. Heikkinen is 2255 Goldsmith Street, Houston, Texas 77030.
|
|
·
|
The principal occupation of Mr. Heikkinen is as owner of Heikkinen Energy Advisors.
|
·
|
As of the date hereof, Mr. Eberwein owns 1,025,000 shares of Common Stock and had invested approximately $1,750,457.43 (including commissions and fees) in such shares. The shares of Common Stock owned by Mr. Eberwein were purchased with personal funds on the open market.
|
·
|
As of the date hereof, Mr. Knapp owns 75,500 shares of Common Stock and had invested approximately $140,725.20 (including commissions and fees) in such shares. The shares of Common Stock owned by Mr. Knapp were purchased with personal funds on the open market.
|
·
|
As of the date hereof, CCM Partners owns 58,300 shares of Common Stock and had invested approximately $97,359.41 (including commissions and fees) in such shares. The shares of Common Stock owned by CCM Partners were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) on the open market.
|
·
|
As of the date hereof, Mr. Kennon owns 25,000 shares of Common Stock and had invested approximately $39,931.75 (including commissions and fees) in such shares. The shares of Common Stock owned by Mr. Kennon were purchased with personal funds on the open market.
|
·
|
As of the date hereof, Mr. Heikkinen owns 79,600 shares of Common Stock and had invested approximately $151,008 (including commissions and fees) in such shares. The shares of Common Stock owned by Mr. Heikkinen were purchased with personal funds on the open market.
|
Jeffrey E. Eberwein
|
|||||||||||||
Purchase Date
|
Quantity
|
Price per Share
|
Total Cost
|
Form of Transaction
|
|||||||||
07/11/12
|
41,100.00 | 1.4479 | 59,507.07 |
Open Market
|
|||||||||
07/12/12
|
13,200.00 | 1.4511 | 19,154.93 |
Open Market
|
|||||||||
07/13/12
|
54,000.00 | 1.4990 | 80,944.69 |
Open Market
|
|||||||||
07/16/12
|
28,700.00 | 1.5139 | 43,448.88 |
Open Market
|
|||||||||
07/17/12
|
49,255.00 | 1.5455 | 76,125.45 |
Open Market
|
|||||||||
07/18/12
|
1,900.00 | 1.5537 | 2,952.00 |
Open Market
|
|||||||||
07/20/12
|
100.00 | 1.6200 | 162.00 |
Open Market
|
|||||||||
08/02/12
|
590,000.00 | 1.7495 | 1,032,180.32 |
Open Market
|
|||||||||
08/14/12
|
23,500.00 | 1.7436 | 40,973.43 |
Open Market
|
|||||||||
08/15/12
|
13,900.00 | 1.7663 | 24,551.45 |
Open Market
|
|||||||||
08/17/12
|
25,222.00 | 1.8010 | 45,425.05 |
Open Market
|
|||||||||
08/21/12
|
46,418.00 | 1.7578 | 81,593.98 |
Open Market
|
|||||||||
08/22/12
|
14,705.00 | 1.7476 | 25,698.71 |
Open Market
|
|||||||||
08/31/12
|
20,000.00 | 1.6762 | 33,523.90 |
Open Market
|
|||||||||
09/04/12
|
39,540.00 | 1.6952 | 67,026.83 |
Open Market
|
|||||||||
09/07/12
|
40,460.00 | 1.6913 | 68,428.74 |
Open Market
|
|||||||||
09/26/12
|
23,000.00 | 2.1200 | 48,760.00 |
Open Market
|
David M. Heikkinen
|
|||||||||||||
Purchase Date
|
Quantity
|
Price per Share
|
Total Cost
|
Form of Transaction
|
|||||||||
08/17/12
|
1,200.00 | 1.7800 | 2,136.00 |
Open Market
|
|||||||||
08/22/12
|
900.00 | 1.7800 | 1,602.00 |
Open Market
|
|||||||||
08/23/12
|
19,100.00 | 1.7800 | 33,998.00 |
Open Market
|
|||||||||
08/23/12
|
18,000.00 | 1.8190 | 32,742.00 |
Open Market
|
|||||||||
08/29/12
|
15,000.00 | 1.7200 | 25,800.00 |
Open Market
|
|||||||||
09/17/12
|
1,900.00 | 1.8500 | 3,515.00 |
Open Market
|
|||||||||
09/19/12
|
3,100.00 | 1.8500 | 5,735.00 |
Open Market
|
|||||||||
09/25/12
|
20,000.00 | 2.2300 | 44,600.00 |
Open Market
|
|||||||||
09/27/12
|
400.00 | 2.2000 | 880.00 |
Open Market
|
CCM Opportunistic Partners, LP
|
|||||||||||||
Purchase Date
|
Quantity
|
Price per Share
|
Total Cost
|
Form of Transaction
|
|||||||||
09/04/12
|
7,700.00 | 1.6955 | 13,055.35 |
Open Market
|
|||||||||
09/05/12
|
12,900.00 | 1.6429 | 21,193.41 |
Open Market
|
|||||||||
09/06/12
|
22,700.00 | 1.6745 | 38,011.15 |
Open Market
|
|||||||||
09/07/12
|
15,000.00 | 1.6733 | 25,099.50 |
Open Market
|
Aaron J. Kennon
|
|||||||||||||
Purchase Date
|
Quantity
|
Price per Share
|
Total Cost
|
Form of Transaction
|
|||||||||
08/29/12
|
5,000.00 | 1.7392 | 8,696.00 |
Open Market
|
|||||||||
08/30/12
|
10,000.00 | 1.7060 | 17,060.00 |
Open Market
|
|||||||||
09/05/12
|
5,000.00 | 1.6496 | 8,248.00 |
Open Market
|
|||||||||
09/06/12
|
5,000.00 | 1.6806 | 8,403.00 |
Open Market
|
|||||||||
09/07/12
|
1,250.00 | 1.6718 | 2,089.75 |
Open Market
|
|||||||||
09/10/12
|
5,000.00 | 1.6700 | 8,350.00 |
Open Market
|
|||||||||
09/21/12
|
(6,250.00 | ) | 2.0664 | (12,915.00 | ) |
Open Market
|
Alfred John Knapp, Jr.
|
|||||||||||||
Purchase Date
|
Quantity
|
Price per Share
|
Total Cost
|
Form of Transaction
|
|||||||||
08/27/12
|
1,500.00 | 1.8300 | 2,745.00 |
Open Market
|
|||||||||
08/27/12
|
1,500.00 | 1.7600 | 2,640.00 |
Open Market
|
|||||||||
08/27/12
|
2,000.00 | 1.7600 | 3,520.00 |
Open Market
|
|||||||||
08/27/12
|
1,500.00 | 1.8000 | 2,700.00 |
Open Market
|
|||||||||
08/27/12
|
1,500.00 | 1.8000 | 2,700.00 |
Open Market
|
|||||||||
08/27/12
|
2,000.00 | 1.7900 | 3,580.00 |
Open Market
|
|||||||||
09/04/12
|
7,500.00 | 1.7210 | 12,907.50 |
Open Market
|
|||||||||
09/04/12
|
2,500.00 | 1.7200 | 4,300.00 |
Open Market
|
|||||||||
09/10/12
|
10,000.00 | 1.6910 | 16,910.00 |
Open Market
|
|||||||||
09/10/12
|
2,000.00 | 1.6900 | 3,380.00 |
Open Market
|
|||||||||
09/10/12
|
3,000.00 | 1.6900 | 5,070.00 |
Open Market
|
|||||||||
09/10/12
|
5,000.00 | 1.6900 | 8,450.00 |
Open Market
|
|||||||||
09/10/12
|
900.00 | 1.6900 | 1,521.00 |
Open Market
|
|||||||||
09/10/12
|
4,100.00 | 1.7000 | 6,970.00 |
Open Market
|
|||||||||
09/13/12
|
100.00 | 2.3120 | 231.20 |
Open Market
|
|||||||||
09/17/12
|
700.00 | 2.0300 | 1,421.00 |
Open Market
|
|||||||||
09/17/12
|
1,700.00 | 1.8900 | 3,213.00 |
Open Market
|
|||||||||
09/17/12
|
200.00 | 1.8900 | 378.00 |
Open Market
|
|||||||||
09/17/12
|
2,300.00 | 1.9000 | 4,370.00 |
Open Market
|
|||||||||
09/17/12
|
2,500.00 | 1.9090 | 4,772.50 |
Open Market
|
|||||||||
09/17/12
|
2,500.00 | 1.9100 | 4,775.00 |
Open Market
|
|||||||||
09/18/12
|
1,500.00 | 1.9500 | 2,925.00 |
Open Market
|
|||||||||
09/18/12
|
1,500.00 | 1.8800 | 2,820.00 |
Open Market
|
|||||||||
09/18/12
|
2,500.00 | 1.8940 | 4,735.00 |
Open Market
|
|||||||||
09/26/12
|
2,000.00 | 2.1500 | 4,300.00 |
Open Market
|
|||||||||
09/26/12
|
600.00 | 2.1490 | 1,289.40 |
Open Market
|
|||||||||
09/26/12
|
2,400.00 | 2.1590 | 5,181.60 |
Open Market
|
|||||||||
09/27/12
|
2,000.00 | 2.2100 | 4,420.00 |
Open Market
|
|||||||||
09/27/12
|
2,000.00 | 2.2700 | 4,540.00 |
Open Market
|
|||||||||
09/27/12
|
2,000.00 | 2.2900 | 4,580.00 |
Open Market
|
|||||||||
09/27/12
|
2,000.00 | 2.3100 | 4,620.00 |
Open Market
|
|||||||||
09/27/12
|
2,000.00 | 2.3800 | 4,760.00 |
Open Market
|
|
(d)
|
Not Applicable.
|
|
(e)
|
Not Applicable.
|
Jeffrey Eberwein
|
Alfred John Knapp, Jr.
|
|
/s/ Jeffrey Eberwein
|
/s/ Alfred John Knapp, Jr.
|
|
Jeffrey Eberwein, Individually
|
Alfred John Knapp, Jr., Individually
|
|
Aaron J. Kennon
|
CCM Opportunistic Partners, LP
|
|
By: CCM Opportunistic Partners GP, LP, its General Partner
|
||
/s/ Aaron J. Kennon
|
||
Aaron J. Kennon, Individually
|
By: CCM GP, LLC, its General Partner
|
|
By: /s/ Alfred John Knapp, Jr.
|
||
David M. Heikkinen
|
Name: Alfred John Knapp, Jr.
|
|
Title: Manager
|
||
/s/ David M. Heikkinen
|
||
David M. Heikkinen, Individually
|
CCM Opportunistic Advisors, LLC
|
|
/s/ Alfred John Knapp, Jr.
|
||
Name: Alfred John Knapp, Jr.
|
||
Title: Manager
|
Jeffrey Eberwein
|
Alfred John Knapp, Jr.
|
|
/s/ Jeffrey Eberwein
|
/s/ Alfred John Knapp, Jr.
|
|
Jeffrey Eberwein, Individually
|
Alfred John Knapp, Jr., Individually
|
|
Aaron J. Kennon
|
CCM Opportunistic Partners, LP
|
|
By: CCM Opportunistic Partners GP, LP, its General Partner
|
||
/s/ Aaron J. Kennon
|
||
Aaron J. Kennon, Individually
|
By: CCM GP, LLC, its General Partner
|
|
By: /s/ Alfred John Knapp, Jr.
|
||
David M. Heikkinen
|
Name: Alfred John Knapp, Jr.
|
|
Title: Manager
|
||
/s/ David M. Heikkinen
|
||
David M. Heikkinen, Individually
|
CCM Opportunistic Advisors, LLC
|
|
/s/ Alfred John Knapp, Jr.
|
||
Name: Alfred John Knapp, Jr.
Title: Manager
|
||