UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kanen David C/O KANEN WEALTH MANAGEMENT LLC 5850 CORAL RIDGE DRIVE, SUITE 309 CORAL SPRINGS, FL 33076 |
 |  X |  |  |
Kanen Wealth Management LLC 5850 CORAL RIDGE DRIVE, SUITE 309 CORAL SPRINGS, FL 33076 |
 |  X |  |  |
Philotimo Fund, LP 5850 CORAL RIDGE DRIVE, SUITE 309 CORAL SPRINGS, FL 33076 |
 |  X |  |  |
/s/ David L. Kanen | 11/20/2017 | |
**Signature of Reporting Person | Date | |
Kanen Wealth Management LLC /s/ David L. Kanen, David L. Kanen, Managing Member | 11/20/2017 | |
**Signature of Reporting Person | Date | |
The Philotimo Fund /s/ David L. Kanen, David L. Kanen, Authorized Person | 11/20/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Mr. Kanen beneficially owns 4,008,116 shares of Common Stock, which represent approximately 14.8% of the Company's outstanding shares of Common Stock. Mr. Kanen, as the managing member of Kanen Wealth Management LLC ("KWM"), may be deemed to beneficially own the 2,198,116 shares of Common Stock held in customer accounts managed by KWM (including the 18,921 shares held in Mr. Kanen's account) and the 1,810,000 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 in the shares of Common Stock held in customer accounts managed by KWM other than the shares held in Mr. Kanen's account. |