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* Syllantavos George (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS J3 15125 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Stellar Acquisition III Inc. [ STLRU ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Co-CEO, CFO and Secretary
	3. Date of Earliest Transaction (Month/Day/Year) 09/28/2016
	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	09/28/2016		J(1)		36,887	D	$0(1)	443,157	I	See Footnote(1)
Common Stock	09/28/2016		J(2)		38,303	D	$0(2)	460,162	I	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

1. Name and Address of Reporting Person* Syllantavos George (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS J3 15125 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Co-CEO, CFO and Secretary

1. Name and Address of Reporting Person* Magellan Investments Corp (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS J3 15125 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Firmus Investments Inc (Last) (First) (Middle) 90 KIFISSIAS AVENUE, MAROUSSI (Street) ATHENS J3 15125 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. As contemplated in connection with the initial public offering of the issuer, 36,387 shares of common stock of the issuer were returned by Magellan Investments Corp. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. George Syllantavos is the sole officer and director of Magellan Investments Corp.

2. As contemplated in connection with the initial public offering of the issuer, 38,303 shares of common stock of the issuer were returned by Firmus Investments Inc. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. George Syllantavos is the sole officer and director of Firmus Investments Inc.

	/s/ George Syllantavos	09/30/2016
	/s/ George Syllantavos, Authorized Person, Magellan Investments Corp.	09/30/2016
	/s/ George Syllantavos, Authorized Person, Firmus Investments Inc.	09/30/2016
	** Signature of Reporting Person	Date
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