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