Sandberg David 4
4 · SMTC CORP · Filed Dec 14, 2018
Insider Transaction Report
Form 4
SMTC CORPSMTX
Sandberg David
10% Owner
Transactions
- Award
Common Stock
2018-12-12+5,420→ 939,241 total
Holdings
- 766,968(indirect: By Pinnacle Opportunities Fund, LP directly)
Common Stock
- 1,820,182(indirect: By The Red Oak Institutional Founders Long Fund LP directly)
Common Stock
- 818,420(indirect: By the Red Oak Long Fund LP directly)
Common Stock
- 1,271,725(indirect: By the Red Oak Fund LP directly)
Common Stock
Footnotes (6)
- [F1]The reported transaction involved the reporting person's receipt of a grant of 5,420 shares of restricted stock units under SMTC Corp's 2010 Incentive Plan. The reporting person has reported prior awards of restricted stock units in Table II of Form 4. The total reported in Column 5 includes the 5,420 newly awarded shares of restricted stock, 12,500 previously reported restricted stock units, and 921,371 shares of common stock.
- [F2]ROP serves as a managing member of Pinnacle Capital Partners, LLC, a Florida limited liability company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle Opportunities Fund, LP, a Delaware limited partnership ("Pinnacle Fund"), the direct owner of the subject securities.
- [F3]Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
- [F4]ROP serves as the general partner of The Red Oak Institutional Founders Long Fund, LP, a Delaware limited partnership (the "Founders Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Founders Fund's portfolio manager.
- [F5]Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
- [F6]ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.