0001144204-16-075816.txt : 20160115 0001144204-16-075816.hdr.sgml : 20160115 20160115153522 ACCESSION NUMBER: 0001144204-16-075816 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160115 DATE AS OF CHANGE: 20160115 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Straight Path Communications Inc. CENTRAL INDEX KEY: 0001574460 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 462457757 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87611 FILM NUMBER: 161345320 BUSINESS ADDRESS: STREET 1: 5300 HICKORY PARK DRIVE STREET 2: SUITE 218 CITY: GLEN ALLEN STATE: VA ZIP: 23059 BUSINESS PHONE: 804-433-1522 MAIL ADDRESS: STREET 1: 5300 HICKORY PARK DRIVE STREET 2: SUITE 218 CITY: GLEN ALLEN STATE: VA ZIP: 23059 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MILLER LLOYD I III CENTRAL INDEX KEY: 0000949119 FILING VALUES: FORM TYPE: SC 13G/A SC 13G/A 1 v429095_sc13g-a.htm SC 13G/A

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

________________

 

SCHEDULE 13G/A

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1)*

 

Straight Path Communications Inc.
(Name of Issuer)

 

Class B Common Stock, par value $0.01 per share

(Title of Class of Securities)
 

 

862578101

 
  (CUSIP Number)  
 

 

January 13, 2016

 
  (Date of Event which Requires Filing of this Statement)  

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

þ Rule 13d-1(c)

o Rule 13d-1(d)

 

Page 1 of 5

 

________________________________________

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

Page 2 of 5

 

SCHEDULE 13G/A1

 

CUSIP No. 862578101   Page 2 of 5 Pages

 

1

NAME OF REPORTING PERSON

 

Lloyd I. Miller, III  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)

o 

  

 

(b) o
3 SEC USE ONLY
 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

1,132,008
6

SHARED VOTING POWER

 

60,295
7

SOLE DISPOSITIVE POWER

 

1,132,008
8

SHARED DISPOSITIVE POWER

 

60,295
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,192,303

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

10.5%1
12 TYPE OF REPORTING PERSON
IN-OO**
               


** See Item 4.

 

 

 

1The percentage reported in this Schedule 13G is based upon 11,353,877 shares of Common Stock outstanding according to the Form 10-Q filed by the Issuer on December 10, 2015.

 

 

 

 

Page 3 of 5

 

 

Item 1(a). Name of Issuer: Straight Path Communications Inc.
     
Item 1(b). Address of Issuers’s Principal Executive Offices:   5300 Hickory Park Drive
    Suite 218
    Glen Allen, Virginia 23059
     
Item 2(a). Name of Person Filing: Lloyd I. Miller, III
     
Item 2(b). Address of Principal Business Office or, if None, Residence: 3300 South Dixie Highway
    Suite 1-365
    West Palm Beach, Florida 33405
     
Item 2(c). Citizenship: U.S.A.
     
Item 2(d). Title of Class of Securities: Class B Common Stock
     
Item 2(e). CUSIP Number: 862578101
     
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:
     
  Not Applicable, this statement is filed pursuant to 13d-1(c)
     
Item 4. OWNERSHIP:  Mr. Miller has sole voting and dispositive power with respect to 1,132,008 of the reported securities as (i) manager of a limited liability company that is the adviser to certain trusts, (ii) manager of a limited liability company that is the general partner of certain limited partnerships, (iii) manager of a limited liability company, (iv) managing member of a limited liability company, (v) trustee of certain trusts, (vi) investment counsel for a certain trust, (vii) trustee for certain generation skipping trusts, (viii) manager of a limited liability company that is the manager of a limited liability company, and (ix) an individual.  Mr. Miller has shared voting and dispositive power with respect to 60,295 of the reported securities as (i) an advisor to the trustee of a certain trust, (ii) co-trustee for a certain generation skipping trust, (iii) co-trustee of certain trusts, and (iv) with respect to shares owned by the reporting person’s wife.
     
  (a)   1,192,303
     
  (b)   10.5%
     
  (c)   (i) sole voting power: 1,132,008
     
  (ii) shared voting power: 60,295
     
  (iii) sole dispositive power: 1,132,008
     
  (iv) shared dispositive power: 60,295
     
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
     
  Not Applicable  

 

 

 

 

Page 4 of 5

 

 

Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
   
  Other than shares held directly by Lloyd I. Miller, III, persons other than Lloyd I. Miller, III have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the reported securities.
   
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
   
  Not Applicable
   
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
   
  Not Applicable
   
Item 9. NOTICE OF DISSOLUTION OF GROUP:
   
  Not Applicable
   
Item 10. CERTIFICATION:
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

 

 

Page 5 of 5

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Dated: January 15, 2016 /s/ Lloyd I. Miller, III
  Lloyd I. Miller, III