0001209191-18-064283.txt : 20181228 0001209191-18-064283.hdr.sgml : 20181228 20181228123227 ACCESSION NUMBER: 0001209191-18-064283 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181221 FILED AS OF DATE: 20181228 DATE AS OF CHANGE: 20181228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SUBIN NEIL S CENTRAL INDEX KEY: 0001201333 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-14818 FILM NUMBER: 181256733 MAIL ADDRESS: STREET 1: 8 PALM COURT CITY: SEWALLS POINT STATE: FL ZIP: 34996 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD ENTERTAINMENT CORP CENTRAL INDEX KEY: 0000795212 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735] IRS NUMBER: 141541629 STATE OF INCORPORATION: NY FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 BUSINESS PHONE: 5184521242 MAIL ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 FORMER COMPANY: FORMER CONFORMED NAME: TRANS WORLD MUSIC CORP DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-12-21 0 0000795212 TRANS WORLD ENTERTAINMENT CORP TWMC 0001201333 SUBIN NEIL S 3300 SOUTH DIXIE HIGHWAY SUITE 1-365 WEST PALM BEACH FL 33405 0 0 1 0 Common Stock 2018-12-21 4 S 0 1027434 0.637 D 0 I By MBM - Trust A-4 Common Stock 2018-12-21 4 P 0 513717 0.637 A 522117 I By LIMFAM LLC Common Stock 1027433 I By LIM - Trust A-4 Common Stock 27197 I By Trust A-1 - Lloyd I. Miller Common Stock 4000 I By Trust A-2 - Lloyd I. Miller Common Stock 112791 I By Trust A-3 - Lloyd I. Miller Common Stock 35002 I By AMIL of Ohio, LLC Common Stock 448972 I By Trust C - Lloyd I. Miller Common Stock 6000 I By Trustee GST Catherine C. Miller Common Stock 6000 I By Trustee GST Kimberly S. Miller Common Stock 6000 I By Trustee GST Lloyd I. Miller Common Stock 36031 I By Susan F. Miller Common Stock 2472384 I By Milfam II L.P. Common Stock 1189802 I BY Lloyd I. Miller, III Revocable Trust Common Stock 62572 I By Milfam I L.P. Common Stock 45491 I By Milfam III L.P. The reported transaction involved a sale of a total of 1,027,434 shares of Trans World Entertainment Corporation ("Trans World") common stock by MBM - Trust A-4, which were acquired by LIMFAM LLC and another private purchaser at a privately negotiated price equal to $0.637 per share. The reporting person may be deemed to have voting and dispositive control over shares held by MBM - Trust A-4 and LIMFAM LLC. The reporting person believes that the reported transaction constitutes a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such securities and was exempt from Section 16 of the Act pursuant to Rule 16a-13. Except for possessing voting and dispositive power, the reporting person disclaims any other beneficial ownership of, and specifically any pecuniary interest in, the securities reported herein. This filing is not, and shall not be deemed, an admission (and the reporting person expressly disclaims) that the reporting person is, for purposes of Rule 16a-1(a)(2) under Section 16 of the Securities Exchange Act of 1934, the beneficial owner of any equity securities covered by this filing. The reporting person succeeded to the position of President and Manager of MILFAM LLC, which serves as manager, general partner, or investment advisor of a number of entities formerly managed or advised by the late Lloyd I. Miller, III. The reporting person also serves as trustee of a number of Miller family trusts. /s/ Paul N. Silverstein Attorney-in-fact 2018-12-28