Bylinsky Gregory 4/A
4/A · TANDY LEATHER FACTORY INC · Filed Apr 15, 2019
Insider Transaction Report
Form 4/AAmended
Gramm Jefferson
10% Owner
Transactions
- Purchase
Common Stock
2019-03-11$5.51/sh+1,329$7,323→ 5,161 total
Holdings
- 2,857,936(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]This Form 4 is filed jointly by Bandera Partners LLC ("Bandera Partners"), Gregory Bylinsky and Jefferson Gramm (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Mr. Gramm is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]Bandera Partners is the investment manager of Bandera Master Fund L.P. ("Bandera Master Fund"), in whose name the shares are held. Messrs. Bylinsky and Gramm are the Managing Partners, Managing Directors and Portfolio Managers of Bandera Partners. Bandera Master Fund has delegated to Bandera Partners the sole and exclusive authority to vote and dispose of the securities held by Bandera Master Fund. As a result, each of Bandera Partners and Messrs. Bylinsky and Gramm may be deemed to beneficially own the shares held by Bandera Master Fund.
- [F3]Includes 1,408 shares of Common Stock underlying certain unvested Restricted Stock Units awarded to Mr. Gramm in his capacity as a director of the Issuer (450 of such shares vest on 2/23/2020, 507 of such shares vest on 3/22/2020 and 451 of such shares vest on 2/23/2021).