Filing Details

Accession Number:
0001447387-13-000047
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-21 18:02:51
Reporting Period:
2013-06-20
Filing Date:
2013-06-21
Accepted Time:
2013-06-21 18:02:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
732412 Multiband Corp MBND Telephone Communications (No Radiotelephone) (4813) 411255001
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1058854 Cannell Capital Llc 310 E. Pearl Street, P.o. Box 3459
Jackson WY 83001
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock (Class A Shares) Disposition 2013-06-20 35,212 $3.21 2,853,222 No 4 S Indirect By partnerships and corporations
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By partnerships and corporations
Footnotes
  1. As of June 21, 2013, Tristan Offshore Fund Limited ("Tristan Offshore"), Tristan Partners, L.P. ("Tristan"), The Cuttyhunk Master Portfolio ("Cutty"), Tonga Partners, L.P. ("Tonga"), the Optima UCITS Umbrella Plc / Cannell UCITS Fund ("Cannell UCITS"), and sundry separately managed accounts ("Cannell SMAs" and collectively with Tristan Offshore, Tristan, Cutty, Cannell UCITS, and Tonga, the "Funds") owned in the aggregate (i) 2,853,222 shares of common stock, with no par value per share of Multiband, Inc.
  2. Cannell Capital LLC acts as the investment adviser to Tristan Offshore, Cutty, the Cannell UCITS Fund, and the Cannell SMAs, and is the general partner of and investment adviser to Tristan and Tonga. Mr. J. Cannell is the sole managing member of Cannell Capital LLC. As a result, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of the Company held by the Funds. Thus, for the purposes of Reg. Section 240.13d-3, as of June 21, 2013 Mr. Cannell is deemed to beneficially own 2,853,222 shares. None of the Funds has a position larger than 5.0% of the shares outstanding of Multiband, Inc.
  3. Cannell Capital LLC had no pecuniary interest in the shares sold in the transaction being reported on this Form.