Stamps.com (STMP): Park West Asset Management Discloses Big Boost In Stake

Page 5 of 9 – SEC Filing
Item 4.  Ownership.
(a)
Amount Beneficially Owned:
920,381*
(b)
Percent of Class:
5.3%*
(c)
Number of Shares as to which the person has:
(i)
sole power to vote or to direct the vote:
920,381*
(ii)
shared power to vote or to direct the vote
0
(iii)
sole power to dispose or to direct the disposition of:
920,381*
(iv)
shared power to dispose or to direct the disposition of
0
* This Schedule 13G is being jointly filed by (i) PWAM, a Delaware limited liability company and the investment manager to (a) PWIMF, a Cayman Islands exempted company that is the holder of 809,422 shares of Common Stock of the Company, as reported on this Schedule 13G, and (b) PWPI, a Cayman Islands exempted company that is the holder of 110,959 shares of Common Stock of the Company, as reported on this Schedule 13G; and (ii) Mr. Park, as the sole member and manager of PWAM.
The 920,381 shares of Common Stock of the Company held in the aggregate by the PW Funds, which constitute 5.3% of the shares of Common Stock of the Company deemed to be issued and outstanding as of July 29, 2016, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM.  The foregoing beneficial ownership percentage is based upon 17,446,820 shares of Common Stock of the Company, issued and outstanding as of April 30, 2016, based on information reported by the Company in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2016.
Item 5.  Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: 

Follow Stamps.com Inc (NASDAQ:STMP)