0000921895-18-003239.txt : 20181207 0000921895-18-003239.hdr.sgml : 20181207 20181207193810 ACCESSION NUMBER: 0000921895-18-003239 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181129 FILED AS OF DATE: 20181207 DATE AS OF CHANGE: 20181207 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: 001-33264 FILM NUMBER: 181224619 MAIL ADDRESS: STREET 1: 10141 SWEET BAY COURT CITY: PARKLAND STATE: FL ZIP: 33076 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: 001-33264 FILM NUMBER: 181224620 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: 001-33264 FILM NUMBER: 181224621 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: U.S. Auto Parts Network, Inc. CENTRAL INDEX KEY: 0001378950 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 680623433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 BUSINESS ADDRESS: STREET 1: 16941 KEEGAN AVE CITY: CARSON STATE: CA ZIP: 90746 BUSINESS PHONE: (310) 735-0085 MAIL ADDRESS: STREET 1: 16941 KEEGAN AVE CITY: CARSON STATE: CA ZIP: 90746 4 1 form411527012_12072018.xml OWNERSHIP DOCUMENT X0306 4 2018-11-29 0 0001378950 U.S. Auto Parts Network, Inc. PRTS 0001681743 Kanen David 10141 SWEET BAY COURT PARKLAND FL 33076 0 0 1 0 0001681614 Kanen Wealth Management LLC 10141 SWEET BAY COURT PARKLAND FL 33076 0 0 1 0 0001688522 Philotimo Fund, LP 5850 CORAL RIDGE DRIVE, SUITE 309 CORAL SPRINGS FL 33076 0 0 1 0 Common Stock 2018-11-30 4 P 0 131823 1.24 A 173513 D Common Stock 2005928 I The Philotimo Fund LP Common Stock 2018-11-29 4 P 0 388804 1.1096 A 1884933 I Kanen Wealth Management LLC Common Stock 2018-11-30 4 P 0 979281 1.24 A 2864214 I Kanen Wealth Management LLC Common Stock 2018-12-03 4 P 0 15805 1.2399 A 2880019 I Kanen Wealth Management LLC Common Stock 2018-12-04 4 P 0 35605 1.25 A 2915624 I Kanen Wealth Management LLC Common Stock 2018-12-06 4 P 0 24910 1.23 A 2940534 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"), 5,119,975 shares of Common Stock, which represent approximately 14.6% 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 3,114,047 shares of Common Stock held in customer accounts managed by KWM (including the 173,513 shares held in Mr. Kanen's account) and the 2,005,928 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 173,513 shares held in Mr. Kanen's account. 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 173,513 shares held in Mr. Kanen's account as described in footnote 2 above. /s/ David L. Kanen 2018-12-07 /s/ Kanen Wealth Management LLC By: David L. Kanen, Managing Member 2018-12-07 /s/ The Philotimo Fund By: David L. Kanen 2018-12-07