CEDAR CREEK PARTNERS LLC 4
4 · SOLITRON DEVICES INC · Filed Oct 18, 2023
Insider Transaction Report
Form 4
Eriksen Howard Timothy
DirectorCEO10% Owner
Transactions
- Purchase
Common Stock
2023-10-16$10.70/sh+35,000$374,500→ 264,396 total(indirect: See Footnote)
Holdings
- 52,640
Common Stock
Footnotes (3)
- [F1]These securities were purchased from VI Capital Fund LP, a fund managed by Solitron's Board Chairman, David Pointer, that is in the process of liquidating.
- [F2]Represents 240,341 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 24,055 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.