Jim Roumell Threatens Covisint Corp (COVS) With A Proxy Fight Unless The Company Is Sold

Page 2 of 6 – SEC Filing

 

1
Name of Reporting Person/
I.R.S. Identification No. of Above Person (Entities Only)
Roumell Asset Management, LLC
52-2145132
2
Check the Appropriate Box if a Member of a Group
(a)  ¨
(b)  ¨
3
    SEC Use Only
SEC USE ONLYSEC Use Only   SEC
4
Source of Funds (See Instructions)                                                                             OO
5
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨
 
6
Citizenship or Place of Organization                                                                             Maryland
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7
Sole Voting Power                                                                1,166,925*
8
Shared Voting Power                                                              806,507**
9
Sole Dispositive Power                                                         1,166,925*
10
Shared Dispositive Power                                                        806,507**
11
Aggregate Amount Beneficially Owned by Each Reporting Person
1,972,432
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
(See Instructions)                                                                                     Not Applicable
13
Percent of Class Represented by Amount in Row (11)                                                                                     4.87%***
14
Type of Reporting Person       IA
*      These shares are deemed to be owned beneficially by Roumell Asset Management, LLC solely as a result of its discretionary power over such shares as investment advisor to the Roumell Opportunistic Value Fund (the “Fund”).
 
**    These shares are deemed to be owned beneficially by Roumell Asset Management, LLC (“RAM”) solely as a result of its discretionary power over such shares as investment adviser to its clients.
*** The denominator is based on the 40,512,356 shares of common stock outstanding as of June 2, 2016, as stated on the facing page of the Form 10-K for the year ended March 31, 2016 (the “Form 10-K”) filed by Covisint Corporation.
2
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