0001654954-23-013072.txt : 20231018
0001654954-23-013072.hdr.sgml : 20231018
20231018080837
ACCESSION NUMBER: 0001654954-23-013072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231016
FILED AS OF DATE: 20231018
DATE AS OF CHANGE: 20231018
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pointer David William
CENTRAL INDEX KEY: 0001592839
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04978
FILM NUMBER: 231330958
MAIL ADDRESS:
STREET 1: PO BOX 402
CITY: NEWMAN LAKE
STATE: WA
ZIP: 99025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SOLITRON DEVICES INC
CENTRAL INDEX KEY: 0000091668
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 221684144
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0228
BUSINESS ADDRESS:
STREET 1: 901 SANSBURYS WAY
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33411
BUSINESS PHONE: 561-848-4311
MAIL ADDRESS:
STREET 1: 901 SANSBURYS WAY
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33411
4
1
section16.xml
PRIMARY DOCUMENT
X0508
4
2023-10-16
0000091668
SOLITRON DEVICES INC
SODI
0001592839
Pointer David William
PO BOX 402
NEWMAN LAKE
WA
99025
true
true
Chairman of the Board
false
Common Stock
2023-10-16
4
J
false
67054
10.70
D
0
I
See Footnote
Common Stock
2023-10-16
4
J
false
6188
10.70
A
29188
D
These shares were owned by VI Capital Fund LP, for which Mr. Pointer is the managing partner. In prior reports, Mr. Porter reported the beneficial ownership of the 67,054 shares of Solitron. VI Capital is in the process of liquidating. As part of the process partners had the option of receiving cash or shares of common stock in Solitron. VI Capital agreed to sell 35,000 shares not being distributed to Cedar Creek Partners LLC, managed by Tim Eriksen, Solitron's CEO, and 19,482 shares not being distributed to Mark Matson, Solitron's COO, at the mid point between the bid and ask price on October 11, 2023 which was $10.70 per share.
These securities were distributed from VI Capital, a fund managed by Mr. Pointer, that is in the process of liquidating. Mr. Pointer had the option of receiving cash or shares of Solitron in the liquidation. Mr. Pointer chose shares of Solitron in proportion to his ownership in VI Capital Fund.
/s/ David W. Pointer
2023-10-18