1
|
NAME OF REPORTING PERSONS
LONE STAR VALUE INVESTORS, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
689,927
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
689,927
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
689,927
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.4%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
1
|
NAME OF REPORTING PERSONS
LONE STAR VALUE CO-INVEST I, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
60,000
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
60,000
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,000
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
1
|
NAME OF REPORTING PERSONS
LONE STAR VALUE INVESTORS GP, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
749,927
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
749,927
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
749,927
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.8%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
LONE STAR VALUE MANAGEMENT, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF, OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
CONNECTICUT
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
799,927
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
799,927
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
799,927
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.2%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
JEFFREY E. EBERWEIN
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
799,927
|
8
|
SHARED VOTING POWER
-0-
|
|
9
|
SOLE DISPOSITIVE POWER
799,927
|
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
799,927
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.2%
|
|
14
|
TYPE OF REPORTING PERSON
IN
|
Item 1. |
Security and Issuer.
|
Item 2. |
Identity and Background.
|
Item 5. |
Interest in Securities of the Issuer.
|
A. |
Lone Star Value Investors
|
(a) |
As of the close of business on February 3, 2017, Lone Star Value Investors beneficially owned 689,927 Shares.
|
(b) |
1. Sole power to vote or direct vote: 689,927
2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 689,927 4. Shared power to dispose or direct the disposition: 0 |
(c) |
The transactions in the Shares by Lone Star Value Investors during the last 60 days are set forth in Schedule A and are incorporated herein by reference.
|
B. |
Lone Star Value Co-Invest I
|
(a) |
As of the close of business on February 3, 2017, Lone Star Value Co-Invest I beneficially owned 60,000 Shares.
|
(b) |
1. Sole power to vote or direct vote: 60,000
2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 60,000 4. Shared power to dispose or direct the disposition: 0 |
(c) |
The transactions in the Shares by Lone Star Value Co-Invest I during the last 60 days are set forth in Schedule A and are incorporated herein by reference.
|
C. |
Lone Star Value GP
|
(a) |
Lone Star Value GP, as the general partner of Lone Star Value Investors and Lone Star Value Co-Invest I, may be deemed the beneficial owner of the (i) 689,927 Shares owned by Lone Star Value Investors and (ii) 60,000 Shares owned by Lone Star Value Co-Invest I.
|
(b) |
1. Sole power to vote or direct vote: 749,927
2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 749,927 4. Shared power to dispose or direct the disposition: 0 |
(c) |
Lone Star Value GP has not entered into any transactions in the Shares during the last 60 days. The transactions in the Shares on behalf of Lone Star Value Investors and Lone Star Value Co-Invest I within the last 60 days are set forth in Schedule A and are incorporated herein by reference.
|
D. |
Lone Star Value Management
|
(a) |
As of the close of business on February 3, 2017, 50,000 Shares were held in the Separately Managed Account. Lone Star Value Management, as the investment manager of Lone Star Value Investors, Lone Star Value Co-Invest I and the Separately Managed Account, may be deemed the beneficial owner of the (i) 689,927 Shares owned by Lone Star Value Investors, (ii) 60,000 Shares owned by Lone Star Value Co-Invest, and (iii) 50,000 Shares held in the Separately Managed Account.
|
(b) |
1. Sole power to vote or direct vote: 799,927
2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 799,927 4. Shared power to dispose or direct the disposition: 0 |
(c) |
Lone Star Value Management has not entered into any transactions in the Shares during the last 60 days. The transactions in the Shares on behalf of Lone Star Value Investors and Lone Star Value Co-Invest I during the last 60 days are set forth in Schedule A and are incorporated herein by reference.
|
E. |
Mr. Eberwein
|
(a) |
Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the (i) 689,927 Shares owned by Lone Star Value Investors, (ii) 60,000 Shares owned by Lone Star Value Co-Invest and (ii) 50,000 Shares held in the Separately Managed Account.
|
(b) |
1. Sole power to vote or direct vote: 799,927
2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 799,927 4. Shared power to dispose or direct the disposition: 0 |
(c) |
Mr. Eberwein has not entered into any transactions in the Shares during the last 60 days. The transactions in the Shares on behalf of Lone Star Value Investors and Lone Star Value Co-Invest I during the last 60 days are set forth in Schedule A and are incorporated herein by reference.
|
(d) |
No person other than the Reporting Persons is known to have the current right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
|
Item 6. |
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
|
Lone Star Value Investors, LP
|
|||||
By:
|
Lone Star Value Investors GP, LLC
General Partner |
||||
By:
|
/s/ Jeffrey E. Eberwein | ||||
Name:
|
Jeffrey E. Eberwein
|
||||
Title:
|
Manager
|
||||
Lone Star Value Co-Invest I, LP
|
|||||
By:
|
Lone Star Value Investors GP, LLC
General Partner |
||||
By:
|
/s/ Jeffrey E. Eberwein | ||||
Name:
|
Jeffrey E. Eberwein
|
||||
Title:
|
Manager
|
Lone Star Value Investors GP, LLC
|
||||
By:
|
/s/ Jeffrey E. Eberwein | |||
Name:
|
Jeffrey E. Eberwein
|
|||
Title:
|
Manager
|
Lone Star Value Management, LLC
|
||||
By:
|
/s/ Jeffrey E. Eberwein | |||
Name:
|
Jeffrey E. Eberwein
|
|||
Title:
|
Sole Member
|
/s/ Jeffrey E. Eberwein | |
JEFFREY E. EBERWEIN
|
Shares of Common Stock
Purchased/(Sold)
|
Price Per
Share ($)
|
Date of
Purchase / Sale
|
688,927*
|
7.03
|
01/27/2017
|
800
|
6.75
|
12/01/2016
|
9,200
|
6.71
|
12/02/2016
|
5,000
|
6.67
|
12/06/2016
|
2,500
|
6.61
|
12/07/2016
|
7,500
|
6.51
|
12/08/2016
|
5,000
|
7.01
|
01/31/2017
|
5,000
|
7.01
|
01/31/2017
|
Lone Star Value Investors, LP
|
|||||
By:
|
Lone Star Value Investors GP, LLC
General Partner |
||||
By:
|
/s/ Jeffrey E. Eberwein
|
||||
Name:
|
Jeffrey E. Eberwein
|
||||
Title:
|
Manager
|
Lone Star Value Investors GP, LLC
|
||||
By:
|
/s/ Jeffrey E. Eberwein
|
|||
Name:
|
Jeffrey E. Eberwein
|
|||
Title:
|
Manager
|
Lone Star Value Management, LLC
|
||||
By:
|
/s/ Jeffrey E. Eberwein
|
|||
Name:
|
Jeffrey E. Eberwein
|
|||
Title:
|
Sole Member
|
/s/ Jeffrey E. Eberwein
|
|
Jeffrey E. Eberwein
|