0001209191-19-045943.txt : 20190814
0001209191-19-045943.hdr.sgml : 20190814
20190814164751
ACCESSION NUMBER: 0001209191-19-045943
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190812
FILED AS OF DATE: 20190814
DATE AS OF CHANGE: 20190814
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: 000-26330
FILM NUMBER: 191027224
MAIL ADDRESS:
STREET 1: 6429 NW 65TH WAY
CITY: PARKLAND
STATE: FL
ZIP: 33067
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: 000-26330
FILM NUMBER: 191027225
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: 000-26330
FILM NUMBER: 191027226
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: ASTEA INTERNATIONAL INC
CENTRAL INDEX KEY: 0000945989
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 232119058
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 240 GIBRALTAR ROAD
STREET 2: SUITE 300
CITY: HORSHAM
STATE: PA
ZIP: 19044
BUSINESS PHONE: 2156822500
MAIL ADDRESS:
STREET 1: 240 GIBRALTAR ROAD
STREET 2: SUITE 300
CITY: HORSHAM
STATE: PA
ZIP: 19044
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-08-12
0
0000945989
ASTEA INTERNATIONAL INC
ATEA
0001681743
Kanen David
5850 CORAL RIDGE DR STE 309
CORAL SPRINGS
FL
33076
0
0
1
0
0001681614
Kanen Wealth Management LLC
5850 CORAL RIDGE DR STE 309
CORAL SPRINGS
FL
33076
0
0
1
0
0001688522
Philotimo Fund, LP
5850 CORAL RIDGE DR STE 309
CORAL SPRINGS
FL
33076
0
0
1
0
COMMON STOCK
2600
D
COMMON STOCK
177165
I
The Philotimo Fund, LP
COMMON STOCK
2019-08-12
4
P
0
500
5.50
A
226536
I
Kanen Wealth Management, LLC
COMMON STOCK
2019-08-13
4
P
0
600
5.4583
A
227136
I
Kanen Wealth Management, LLC
COMMON STOCK
2019-08-14
4
P
0
47000
5.4047
A
274136
I
Kanen Wealth Management, LLC
COMMON STOCK
2019-08-14
4
J
0
1742
D
272394
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"), 452,159 shares of Common Stock, which represent approximately 12.4% 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 274,994 shares of Common Stock held in customer accounts managed by KWM (including the 2,600 shares held in Mr. Kanen's account) and the 177,165 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 2,600 shares held in Mr. Kanen's account.
Kanen Wealth Management LLC ("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 2,600 shares held in Mr. Kanen's account as described in footnote 2 above.
These shares relate to customer accounts that are no longer managed by Kanen Wealth Management LLC ("KWM").
/s/ David L. Kanen
2019-08-14
/s/ Kanen Wealth Management LLC By: David L. Kanen, Managing Member
2019-08-14
/s/ The Philotimo Fund By: David L. Kanen
2019-08-14