Filing Details

Accession Number:
0000921895-18-001174
Form Type:
13D Filing
Publication Date:
2018-04-03 17:24:11
Filed By:
Committee For Aegean Accountability
Company:
Aegean Marine Petroleum Network Inc. (NYSE:ANW)
Filing Date:
2018-04-03
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
THE COMMITTEE FOR AEGEAN ACCOUNTABILITY 5,962,215 5,962,215 1,461,207 5,962,215 14.7%
TYLER BARON 1,808,000 1,808,000 2,020,679 1,808,000 4.4%
JUSTIN MOORE 1,000 1,000 2,020,679 1,000 Less than 1%
AUGUST ROTH 1,000 1,000 1,000 Less than 1%
RBM Holdings 1,807,000 1,807,000 1,807,000 4.4%
SHAH CAPITAL OPPORTUNITY FUND 1,268,700 1,268,700 1,268,700 3.1%
SHAH CAPITAL 1,268,700 1,268,700 1,268,700 3.1%
SHAH CAPITAL MANAGEMENT INC 1,461,207 1,461,207 1,461,207 3.6%
HIMANSHU H. SHAH 35,594 35,594 1,496,801 3.7%
TOWLE CAPITAL PARTNERS 313,000 313,000 313,000 Less than 1%
TOWLE DEEP VALUE FUND 324,700 324,700 324,700 Less than 1%
TOWLE CO 2,020,679 2,020,679 2,020,679 5.0%
JOSEPH E. TOWLE 69,000 69,000 2,089,679 5.1%
CHRISTOPHER D. TOWLE 27,735 27,735 2,048,414 5.0%
RAYMOND J. BARTOSZEK 175,000 175,000 175,000 Less than 1%
THE KIRSHNER LIVING TRUST DTD 3,000 3,000 3,000 Less than 1%
DAVID K. KIRSHNER 3,000 3,000 3,000 Less than 1%
DONALD A. MOORE 360,000 360,000 360,000 Less than 1%
Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 3)1

Aegean Marine Petroleum Network Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

Y0017S102

(CUSIP Number)

THE committee for aegean accountability

c/o Tyler Baron

1 Ferry Building, Suite 255

San Francisco, California 94111

(415) 677-5490

 

ANDREW FREEDMAN, ESQ.

OLSHAN FROME WOLOSKY LLP

1325 Avenue of the Americas

New York, New York 10019

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

March 28, 2018

(Date of Event Which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

1              The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
  1   NAME OF REPORTING PERSON  
         
        THE COMMITTEE FOR AEGEAN ACCOUNTABILITY  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         5,962,215  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          5,962,215  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        5,962,215  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        14.7%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

2
  1   NAME OF REPORTING PERSON  
         
        TYLER BARON  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,808,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,808,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,808,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        4.4%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

3

 

  1   NAME OF REPORTING PERSON  
         
        JUSTIN MOORE  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

4

 

  1   NAME OF REPORTING PERSON  
         
        AUGUST ROTH  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

5

 

  1   NAME OF REPORTING PERSON  
         
        RBM Holdings LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        DELAWARE  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,807,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,807,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,807,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        4.4%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

6

 

  1   NAME OF REPORTING PERSON  
         
        SHAH CAPITAL OPPORTUNITY FUND LP  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        DELAWARE  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,268,700  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,268,700  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,268,700  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        3.1%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

7

 

  1   NAME OF REPORTING PERSON  
         
        SHAH CAPITAL LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        DELAWARE  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,268,700  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,268,700  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,268,700  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        3.1%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

8

 

  1   NAME OF REPORTING PERSON  
         
        SHAH CAPITAL MANAGEMENT INC.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        NORTH CAROLINA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         1,461,207  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          1,461,207  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,461,207  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        3.6%  
  14   TYPE OF REPORTING PERSON  
         
        IA  

  

9

 

  1   NAME OF REPORTING PERSON  
         
        HIMANSHU H. SHAH  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         35,594  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         1,461,207  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          35,594  
    10   SHARED DISPOSITIVE POWER  
           
          1,461,207  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        1,496,801  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        3.7%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

10

 

  1   NAME OF REPORTING PERSON  
         
        TOWLE CAPITAL PARTNERS LP  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        DELAWARE  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         313,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          313,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        313,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

11

 

  1   NAME OF REPORTING PERSON  
         
        TOWLE DEEP VALUE FUND  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        DELAWARE  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         324,700  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          324,700  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        324,700  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IV  

  

12

 

  1   NAME OF REPORTING PERSON  
         
        TOWLE & CO.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        MISSOURI  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         2,020,679  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          2,020,679  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        2,020,679  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        5.0%  
  14   TYPE OF REPORTING PERSON  
         
        IA  

  

13

 

  1   NAME OF REPORTING PERSON  
         
        JOSEPH E. TOWLE  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         69,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         2,020,679  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          69,000  
    10   SHARED DISPOSITIVE POWER  
           
          2,020,679  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        2,089,679  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        5.1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

14

 

  1   NAME OF REPORTING PERSON  
         
        CHRISTOPHER D. TOWLE  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         27,735  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         2,020,679  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          27,735  
    10   SHARED DISPOSITIVE POWER  
           
          2,020,679  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        2,048,414  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        5.0%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

15

 

  1   NAME OF REPORTING PERSON  
         
        RAYMOND J. BARTOSZEK  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         175,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          175,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        175,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

16

 

  1   NAME OF REPORTING PERSON  
         
        THE KIRSHNER LIVING TRUST DTD 4/29/2015  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        FLORIDA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         3,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          3,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        3,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

17

 

  1   NAME OF REPORTING PERSON  
         
        DAVID K. KIRSHNER  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         3,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          3,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        3,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

18

 

  1   NAME OF REPORTING PERSON  
         
        DONALD A. MOORE  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        PF  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        UNITED KINGDOM  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         360,000  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          360,000  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        360,000  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        Less than 1%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

19

The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (“Amendment No. 3”). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein.

Item 3.Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated to read as follows:

The Shares purchased by Mr. Baron were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 1,000 Shares directly owned by Mr. Baron is approximately $4,304, excluding brokerage commissions.

The Shares purchased by Mr. Roth were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 1,000 Shares directly owned by Mr. Roth is approximately $4,627, including brokerage commissions.

The Shares purchased by Mr. J. Moore were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 1,000 Shares directly owned by Mr. Moore is approximately $4,158, including brokerage commissions.

The Shares held by RBM were contributed to RBM by each of Messrs. Baron, Moore and Roth. The aggregate purchase price of the 1,807,000 Shares held by RBM is approximately $7,935,186, including brokerage commissions.

The Shares purchased by each of Shah Opportunity and held in the Shah Management Account were purchased with the investment capital of Shah Management clients (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 1,268,700 Shares beneficially owned by Shah Opportunity is approximately $5,069,063, including brokerage commissions. The aggregate purchase price of the 192,507 Shares held in the Shah Management Account is approximately $1,542,170, including brokerage commissions.

The Shares purchased by Mr. Shah were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 35,594 Shares directly beneficially owned by Mr. Shah and is approximately $156,614, including brokerage commissions.

The Shares purchased by each of Towle Capital, Towle Value and held in the Towle Account were purchased with the investment capital of Towle clients (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 313,000 Shares beneficially owned Towle Capital is approximately $2,014,123, excluding brokerage commissions. The aggregate purchase price of the 324,700 Shares beneficially owned Towle Value is approximately $2,503,795, excluding brokerage commissions. The aggregate purchase price of the 1,382,979 Shares held in the Towle Account is approximately $9,457,524, excluding brokerage commissions.

20

The Shares purchased by each of Messrs. J. Towle and C. Towle were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 69,000 Shares owned directly and beneficially by Mr. J. Towle, including the 10,100 Shares owned by Ellwood House Association (“Ellwood”), a non-profit organization of which Mr. J. Towle is the investment manager, is approximately $404,492, including brokerage commissions. The aggregate purchase price of the 27,735 Shares owned directly and beneficially by Mr. C. Towle, including (i) 4,500 Shares directly owned by his spouse, and (ii) 1,235 Shares owned by Towle Institutional Partners, LP (“Towle Partners”), of which Mr. C. Towle is the general partner and investment manager, is approximately $171,714, including brokerage commissions.

The Shares purchased by Mr. Bartoszek were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 175,000 Shares beneficially owned by Mr. Bartoszek is approximately $788,603, including brokerage commissions.

The Shares purchased by the Kirshner Trust were purchased with the personal funds of Mr. Kirshner (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 3,000 Shares beneficially owned by the Kirshner Trust is approximately $14,275, including brokerage commissions.

The Shares purchased by Mr. D. Moore were purchased with personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market transactions. The aggregate purchase price of the 360,000 Shares beneficially owned by Mr. D. Moore is approximately $875,999, including brokerage commissions.

Item 4.Purpose of Transaction.

Item 4 is hereby amended to add the following:

On February 20, 2018, the Issuer announced that its board of directors (the “Board”) approved a definitive agreement (the “Agreement”) to acquire all of the outstanding share capital of H.E.C. Europe Limited ("H.E.C."), from the shareholders of H.E.C. (the "Sellers"), for the aggregate consideration of approximately $367 million, which would include the assumption of certain indebtedness payable in the form of a combination of debt, the assignment of certain accounts receivables, cash and shares of the Issuer’s Common Stock (the "Consideration Shares"), which would represent approximately 33% of the issued and outstanding Common Stock of the Issuer after giving effect to the issuance (the “Transaction”). The Issuer stated that the Sellers were companies owned and controlled by the Issuer’s founder and former Head of Corporate Development Dimitris Melisanidis, and certain members of his family, and members of the Agiostratitis family (collectively, the "Seller Owners"). In connection with the Agreement, the Issuer also announced proposed changes to the Board upon the closing of the Transaction in which the Sellers, subject to certain conditions, would designate two nominees for appointment or election to the Board, and the Issuer would appoint one additional independent director to the Board effective as of the closing of the Transaction, thereby creating an eight-member Board. The Issuer further stated that the Transaction did not require approval from shareholders under its Articles of Incorporation.

On March 7, 2018, Messrs. Baron, Moore and Roth contributed all of their Shares, except for 1,000 Shares each, to RBM Holdings LLC (“RBM”), in exchange for limited liability company interests in RBM. Mr. Baron is the manager of RBM.

On March 8, 2018, RBM filed an action for a temporary restraining order (the “TRO”) in the United States District Court in the Southern District of New York to seek to enjoin the Transaction based on, among other factors, its likelihood to dilute and disenfranchise the Issuer’s existing shareholders. On March 12, 2018, Judge Preska granted the TRO and enjoined the proposed Transaction for fourteen days. On March 16, 2018, Judge Preska extended the TRO until April 9, 2018 and granted the Reporting Persons’ motion for expedited discovery. The parties to the litigation agreed to temporarily stay the proceeding and filed a stipulation and scheduling order on March 20, 2018, setting out the terms of the temporary stay.

On March 27, 2018, the Issuer announced the expiration of the Agreement since the contractual deadline of March 27, 2018 for obtaining all necessary approvals for the Agreement had not been waived, and that the Agreement therefore had terminated in accordance with its terms.

21
Item 5.Interest in Securities of the Issuer.

Items 5(a) – (c) are hereby amended and restated to read as follows:

The aggregate percentage of Shares reported owned by each person named herein is based upon 40,640,422 Shares outstanding as of September 30, 2017, which is the total number of Shares outstanding as reported in the Issuer’s Report of Foreign Issuer on Form 6-K filed with the Securities and Exchange Commission on November 15, 2017.

A.Mr. Baron
(a)As of the close of business on April 3, 2018, Mr. Baron directly owned 1,000 Shares. Mr. Baron, as the manager of RBM, may be deemed the beneficial owner of the 1,807,000 Shares owned by RBM.

Percentage: Approximately 4.4%

(b)1. Sole power to vote or direct vote: 1,808,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,808,000
4. Shared power to dispose or direct the disposition: 0

 

(c)Mr. Baron has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. On March 7, 2018, Mr. Baron contributed all but 1,000 of his Shares to RBM in exchange for limited liability company interests in RBM.
B.Mr. J. Moore
(a)As of the close of business on April 3, 2018, Mr. J. Moore directly owned 1,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 1,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,000
4. Shared power to dispose or direct the disposition: 0

 

(c)Mr. J. Moore has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. On March 7, 2018, Mr. J. Moore contributed all but 1,000 of his Shares to RBM in exchange for limited liability company interests in RBM.
22
C.Mr. Roth
(a)As of the close of business on April 3, 2018, Mr. Roth directly owned 1,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 1,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,000
4. Shared power to dispose or direct the disposition: 0

 

(c)Mr. Roth has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. On March 7, 2018, Mr. Roth contributed all but 1,000 of his Shares to RBM in exchange for limited liability company interests in RBM.
D.RBM
(a)As of the close of business on April 3, 2018, RBM beneficially owned 1,807,000 Shares

Percentage: Approximately 4.4%

(b)1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,807,000
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,807,000

 

(c)RBM has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
E.Shah Opportunity
(a)As of the close of business on April 3, 2018, Shah Opportunity beneficially owned 1,268,700 Shares.

Percentage: Approximately 3.1%

(b)1. Sole power to vote or direct vote: 1,268,700
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,268,700
4. Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Shah Opportunity since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
23
F.Shah Capital
(a)Shah Capital, as the general partner of Shah Opportunity, may be deemed the beneficial owner of the 1,268,700 Shares owned by Shah Opportunity.

Percentage: Approximately 3.1%

(b)1. Sole power to vote or direct vote: 1,268,700
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,268,700
4. Shared power to dispose or direct the disposition: 0

 

(c)Shah Capital has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the Shares on behalf of Shah Opportunity since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
G.Shah Management
(a)As of the close of business on April 3, 2018, 192,507 Shares were held in the Shah Management Account. Shah Management, as the investment manager of Shah Opportunity, may be deemed the beneficial owner of 1,461,207 Shares consisting of 1,268,700 Shares owned by Shah Opportunity.

Percentage: Approximately 3.6%

(b)1. Sole power to vote or direct vote: 1,461,207
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,461,207
4. Shared power to dispose or direct the disposition: 0

 

(c)Shah Management has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the Shares on behalf of Shah Opportunity since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
H.Mr. Shah
(a)As of the close of business on April 3, 2018, Mr. Shah directly owned 35,594 Shares. Mr. Shah, as President and Chief Investment Officer of Shah Management and the managing member Shah Capital, may be deemed the beneficial owner of 1,496,801 Shares consisting of (i) 1,268,700 Shares owned by Shah Opportunity and (ii) 192,507 Shares held in the Shah Management Account.

Percentage: Approximately 3.7%

(b)1. Sole power to vote or direct vote: 35,594
2. Shared power to vote or direct vote: 1,461,207
3. Sole power to dispose or direct the disposition: 35,594
4. Shared power to dispose or direct the disposition: 1,461,207

 

(c)Mr. Shah has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D. The transactions in the Shares on behalf of Shah Opportunity since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
24
I.Towle Capital
(a)As of the close of business on April 3, 2018, Towle Capital beneficially owned 313,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 313,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 313,000
4. Shared power to dispose or direct the disposition: 0

 

(c)Towle Capital has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
J.Towle Value
(a)As of the close of business on April 3, 2018, Towle Value beneficially owned 324,700 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 324,700
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 324,700
4. Shared power to dispose or direct the disposition: 0

 

(c)Towle Value has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
K.Towle
(a)As of the close of business on April 3, 2018, 1,382,979 Shares were held in the Towle Account. Towle, as the general partner of Towle Capital and investment manager of Towle Value, may be deemed the beneficial owner of 2,020,679 Shares consisting of (i) 313,000 shares owned by Towle Capital and (ii) 324,700 shares owned by Towle Value.

Percentage: Approximately 5.0%

(b)1. Sole power to vote or direct vote: 2,020,679
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 2,020,679
4. Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Towle since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
25
L.Mr. J. Towle
(a)As of the close of business on April 3, 2018, Mr. J. Towle directly owned 58,900 Shares and, as the investment manager of Ellwood, may be deemed the beneficial owner of the 10,100 Shares held by Ellwood. Mr. J. Towle, as a partner of Towle, may be deemed the beneficial owner of 2,087,289 Shares including (i) 1,382,979 Shares held in the Towle Account; (ii) 313,000 Shares owned by Towle Capital and (iii) 324,700 Shares owned by Towle Value.

Percentage: Approximately 5.1%

(b)1. Sole power to vote or direct vote: 69,000
2. Shared power to vote or direct vote: 2,020,679
3. Sole power to dispose or direct the disposition: 69,000
4. Shared power to dispose or direct the disposition: 2,020,679
(c)Mr. J. Towle has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
M.Mr. C. Towle
(a)As of the close of business on April 3, 2018, Mr. C. Towle directly owned 26,500 Shares, including 4,500 Shares owned by his spouse. Mr. C. Towle, as general partner of Towle Partners, may be deemed the beneficial owner of the 1,235 Shares held by Towle Partners. Mr. C. Towle, as a partner of Towle, may be deemed the beneficial owner of 2,046,024 Shares including (i) 1,382,979 Shares held in the Towle Account; (ii) 313,000 Shares owned by Towle Capital and (iii) 324,700 Shares owned by Towle Value.

Percentage: Approximately 5.1%

(b)1. Sole power to vote or direct vote: 27,735
2. Shared power to vote or direct vote: 2,020,679
3. Sole power to dispose or direct the disposition: 27,735
4. Shared power to dispose or direct the disposition: 2,020,679
(c)Mr. C. Towle has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
N.Mr. Bartoszek
(a)As of the close of business on April 3, 2018, Mr. Bartoszek directly owned 175,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 175,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 175,000
4. Shared power to dispose or direct the disposition: 0
(c)The transactions in the Shares by Mr. Bartoszek since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
26
O.Kirshner Trust
(a)As of the close of business on April 3, 2018, the Kirshner Trust beneficially owned 3,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 3,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 3,000
4. Shared power to dispose or direct the disposition: 0
(c)The Kirshner Trust has not entered into any transactions in the Shares since the filing of Amendment No. 2 to the Schedule 13D.
P.Mr. Kirshner
(a)Mr. Kirshner, as the trustee of the Kirshner Trust, may be deemed the beneficial owner of the 3,000 Shares owned by the Kirshner Trust.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 3,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 3,000
4. Shared power to dispose or direct the disposition: 0
(c)Mr. Kirshner has not entered into any transactions in the Shares since the filing of Amendment No. 2 the Schedule 13D.
Q.Mr. D. Moore
(a)As of the close of business on April 2, 2018, Mr. D. Moore directly owned 360,000 Shares.

Percentage: Less than 1%

(b)1. Sole power to vote or direct vote: 360,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 360,000
4. Shared power to dispose or direct the disposition: 0
(c)The transactions in the Shares by Mr. D. Moore since the filing of Amendment No. 2 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
27

As of the close of business on April 3, 2018, the Reporting Persons collectively beneficially owned an aggregate of 5,962,215 Shares, constituting approximately 14.7% of the Shares outstanding.

Each Reporting Person, as a member of a “group” with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.

28

SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: April 3, 2018

   
   
 

/s/ Tyler Baron

  Tyler Baron

 

   
   
 

/s/ August Roth

  August Roth

 

   
   
 

/s/ Justin Moore

  Justin Moore

 

  RBM Holdings LLC
   
  By:

/s/ Tyler Baron

    Name: Tyler Baron
    Title: Manager

 

  Shah Capital Opportunity Fund LP
   
  By:

Shah Capital LLC, its General Partner

 

  By:

/s/ Himanshu H. Shah

    Name: Himanshu H. Shah
    Title: Managing Member

 

  Shah Capital LLC
   
  By:

/s/ Himanshu H. Shah

    Name: Himanshu H. Shah
    Title: Managing Member

 

  Shah Capital Management
   
  By:

/s/ Himanshu H. Shah

    Name: Himanshu H. Shah
    Title: President and Chief Investment Officer

 

29

  

   
   
 

/s/ Himanshu H. Shah

  Himanshu H. Shah

 

  Towle Capital Partners LP
   
  By:

Towle & Co., its General Partner

 

  By:

/s/ Christopher D. Towle

    Name: Christopher D. Towle
    Title: President and CEO

  

  Towle Deep Value Fund
   
  By:

Towle & Co., its Investment Manager

 

  By:

/s/ Christopher D. Towle

    Name: Christopher D. Towle
    Title: President and CEO

 

  Towle & Co.
   
  By:

/s/ Christopher D. Towle

    Name: Christopher D. Towle
    Title: President and CEO

 

   
   
 

/s/ Joseph E. Towle

  Joseph E. Towle

 

   
   
 

/s/ Christopher D. Towle

  Christopher D. Towle

 

   
   
 

/s/ Raymond J. Bartoszek

  Raymond J. Bartoszek

 

30
  The Kirshner Living Trust dtd 04/29/2015
   
  By:

/s/ David K. Kirshner

    Name: David K. Kirshner
    Title: Trustee

 

 

   
   
 

/s/ David K. Kirshner

  David K. Kirshner

 

   
   
 

/s/ Donald A. Moore

  Donald A. Moore

 

31

SCHEDULE A

Transactions in the Shares Since the Filing of Amendment No. 2 to the Schedule 13D

Nature of the Transaction

Securities

Purchased/(Sold)

Price Per

Share($)

Date of

Purchase / Sale

 

Shah Capital opportunity fund lp

 

Purchase of Common Stock 303,800 2.4456 03/09/2018
Purchase of Common Stock 84,900 2.5000 03/13/2018
Purchase of Common Stock 15,000 2.1238 03/26/2018

 

towle & co.

 

Purchase of Common Stock 990 * 03/12/2018
Purchase of Common Stock 1,400 2.3310 03/29/2018

 

Raymond j. bartoszek

 

Purchase of Common Stock 15,000 2.4500 03/28/2018

 

DONALD a. MOORE

 

Purchase of Common Stock 160,000 2.4458 03/28/2018
Purchase of Common Stock 200,000 2.3718 04/02/2018

 

*Represents in-kind transfers of Shares in to Towle & Co. managed accounts.