Filing Details

Accession Number:
0000921895-13-002214
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-12 20:17:01
Reporting Period:
2013-11-07
Filing Date:
2013-11-12
Accepted Time:
2013-11-12 20:17:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
850579 Plx Technology Inc PLXT Semiconductors & Related Devices (3674) 943008334
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1189256 L Stephen Domenik C/O Sevin Rosen Funds
13455 Noel Rd #1670
Dallas TX 75240
No No Yes No
1208236 J Martin Colombatto 4130 Calle Isabella
San Clemente CA 92672
No No Yes No
1233369 Potomac Capital Management Llc 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1233373 Potomac Capital Partners Lp 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1233374 J Paul Solit 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1436622 Potomac Capital Partners Ii Lp 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1443284 Eric Singer 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1543419 Potomac Capital Partners Iii, L.p. 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1591711 Potomac Capital Management Ii, L.l.c. 825 Third Avenue
33Rd Floor
New York NY 10022
No No Yes No
1591712 Potomac Capital Management Iii, L.l.c. 825 Third Avenue
33Rd Floor
New York NY 10022
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, $0.001 Par Value Acquisiton 2013-11-07 139,500 $6.14 3,421,712 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.001 Par Value 128,249 Indirect By Potomac Capital Partners III, L.P.
Common Stock, $0.001 Par Value 952,083 Indirect By Potomac Capital Partners, L.P.
Common Stock, $0.001 Par Value 181,234 Indirect By Eric Singer
Common Stock, $0.001 Par Value 35,700 Indirect By Martin Colombatto
Footnotes
  1. This Form 4 is filed jointly by Potomac Capital Partners II, L.P. ("PCP II"), Potomac Capital Management II, L.L.C. ("Potomac Management II"), Potomac Capital Partners III, L.P. ("PCP III"), Potomac Capital Management III, L.L.C. ("Potomac Management III"), Potomac Capital Partners, L.P. ("PCP I"), Potomac Capital Management, L.L.C. ("Potomac Management I"), Paul J. Solit, Eric Singer, Martin Colombatto and Stephen Domenik (collectively, the "Reporting Persons"). Each Reporting Person is a member of a reporting group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. As such, each Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock.
  2. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.10 to $6.15,inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and ExchangeCommission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased.
  4. Shares of Common Stock beneficially owned by PCP II. Potomac Management II, as the general partner of PCP II, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP II. Each of Messrs. Solit and Singer, as co-managing members of Potomac Management II, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP II.
  5. Shares of Common Stock beneficially owned by PCP III. Potomac Management III, as the general partner of PCP III, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP III. Each of Messrs. Solit and Singer, as co-managing members of Potomac Management III, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP III.
  6. Shares of Common Stock beneficially owned by PCP I. Potomac Management I, as the general partner of PCP I, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP I. Mr. Solit, as managing member of Potomac Management I, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by PCP I.
  7. Mr. Colombatto directly owned 13,100 Shares of Common Stock, may be deemed to beneficially own 13,100 Shares of Common Stock that are held in a trust of which Mr. Colombatto is a trustee and a beneficiary with his wife, and may be deemed to beneficially own 9,500 Shares of Common Stock which are held in a trust for his child who shares the same household.