0001209191-19-037175.txt : 20190614 0001209191-19-037175.hdr.sgml : 20190614 20190614170302 ACCESSION NUMBER: 0001209191-19-037175 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190612 FILED AS OF DATE: 20190614 DATE AS OF CHANGE: 20190614 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kanen David CENTRAL INDEX KEY: 0001681743 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26330 FILM NUMBER: 19899562 MAIL ADDRESS: STREET 1: 6429 NW 65TH WAY CITY: PARKLAND STATE: FL ZIP: 33067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kanen Wealth Management LLC CENTRAL INDEX KEY: 0001681614 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26330 FILM NUMBER: 19899563 BUSINESS ADDRESS: STREET 1: 10141 SWEET BAY COURT CITY: PARKLAND STATE: FL ZIP: 33076 BUSINESS PHONE: 631-863-3100 MAIL ADDRESS: STREET 1: 10141 SWEET BAY COURT CITY: PARKLAND STATE: FL ZIP: 33076 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Philotimo Fund, LP CENTRAL INDEX KEY: 0001688522 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26330 FILM NUMBER: 19899564 BUSINESS ADDRESS: STREET 1: 5850 CORAL RIDGE DRIVE, SUITE 309 CITY: CORAL SPRINGS STATE: FL ZIP: 33076 BUSINESS PHONE: 631-863-3100 MAIL ADDRESS: STREET 1: 5850 CORAL RIDGE DRIVE, SUITE 309 CITY: CORAL SPRINGS STATE: FL ZIP: 33076 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASTEA INTERNATIONAL INC CENTRAL INDEX KEY: 0000945989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 232119058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 240 GIBRALTAR ROAD STREET 2: SUITE 300 CITY: HORSHAM STATE: PA ZIP: 19044 BUSINESS PHONE: 2156822500 MAIL ADDRESS: STREET 1: 240 GIBRALTAR ROAD STREET 2: SUITE 300 CITY: HORSHAM STATE: PA ZIP: 19044 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-06-12 0 0000945989 ASTEA INTERNATIONAL INC ATEA 0001681743 Kanen David 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 0001681614 Kanen Wealth Management LLC 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 0001688522 Philotimo Fund, LP 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 COMMON STOCK 2600 D COMMON STOCK 177165 I The Philotimo Fund, LP COMMON STOCK 2019-06-12 4 P 0 500 5.43 A 210359 I Kanen Wealth Management, LLC COMMON STOCK 2019-06-13 4 P 0 500 5.50 A 210859 I Kanen Wealth Management, LLC COMMON STOCK 2019-06-14 4 P 0 500 5.50 A 211359 I Kanen Wealth Management, LLC This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM") and the Philotimo Fund, LP (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own. Mr. Kanen beneficially owns, pursuant to the beneficial ownership rules of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), 389,624 shares of Common Stock, which represent approximately 10.7% of the Issuer's outstanding shares of Common Stock. Pursuant to such beneficial ownership rules, Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the 212,459 shares of Common Stock held in customer accounts managed by KWM (including the 2,600 shares held in Mr. Kanen's account) and the 177,165 shares of Common Stock held by The Philotimo Fund LLC, of which KWM is the general partner. Mr. Kanen expressly disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Mr. Kanen does not have a pecuniary interest under Section 16 of the Exchange Act in the shares of Common Stock held in customer accounts managed by KWM other than the 2,600 shares held in Mr. Kanen's account. These shares relate to customer accounts that are no longer managed by Kanen Wealth Management LLC ("KWM"). Kanen Wealth Management LLC ("KWM") does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM. The number reflected above excludes 2,600 shares held in Mr. Kanen's account as described in footnote 2 above. /s/ David L. Kanen 2019-06-14 /s/ Kanen Wealth Management LLC By: David L. Kanen, Managing Member 2019-06-14 /s/ The Philotimo Fund By: David L. Kanen 2019-06-14