Filing Details

Accession Number:
0001415889-15-002859
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-24 09:02:47
Reporting Period:
2015-08-20
Filing Date:
2015-08-24
Accepted Time:
2015-08-24 09:02:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
700841 Rcm Technologies Inc RCMT Services-Help Supply Services (7363) 951480559
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1432744 S Christopher Kiper 9401 Wilshire Boulevard, Suite 705
Beverly Hills CA 90212
No No Yes No
1539145 Michael O'connell 515 S. Figueroa Street
Suite 1050
Los Angeles CA 90071
No No Yes No
1556184 Trust Revocable O'connell L. Margo & O'connell F. Michael 515 S. Figueroa Street
Suite 1050
Los Angeles CA 90071
No No Yes No
1556221 M2O, Inc. 515 S. Figueroa Street
Suite 1050
Los Angeles CA 90071
No No Yes No
1556235 Irs Partners No. 19, L.p. 515 S. Figueroa Street
Suite 1050
Los Angeles CA 90071
No No Yes No
1556241 Foundation Family Leonetti/O'connell 515 S. Figueroa Street
Suite 1050
Los Angeles CA 90071
No No Yes No
1556313 Bradley Vizi 9401 Wilshire Boulevard, Suite 705
Beverly Hills CA 90212
Yes No Yes No
1560207 Legion Partners Asset Management, Llc 9401 Wilshire Boulevard, Suite 705
Beverly Hills CA 90212
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, $0.05 Par Value Acquisiton 2015-08-20 437,600 $4.76 1,991,375 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.05 Par Value 266,074 Indirect See footnotes
Common Stock, $0.05 Par Value 1,000 Direct
Common Stock, $0.05 Par Value 22,000 Direct
Footnotes
  1. This Form 4 is being filed jointly by the reporting persons identified herein (each a "Reporting Person" and collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Common Stock. 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.
  2. IRS Partners No. 19, L.P., a Delaware limited partnership ("IRS 19"), directly owns these shares of common stock ("Common Stock") of RCM Technologies, Inc. (the "Issuer"). M2O, Inc., a California corporation ("M2O"), is the general partner of IRS 19. The Michael F. O'Connell and Margo L. O'Connell Revocable Trust (the "Trust") is the sole voting shareholder of M2O and Michael O'Connell, an individual, controls all investment decisions with respect to the Trust. IRS 19, M2O, the Trust and Mr. O'Connell may therefore be deemed to have shared voting and dispositive power over the Common Stock owned by IRS 19.
  3. The Leonetti/O'Connell Family Foundation, a Delaware non-profit corporation (the "Foundation"), directly owns these shares. The investment decisions of the Foundation are controlled by Mr. O'Connell (Mr. O'Connell, collectively with IRS 19, the Foundation, M2O and the Trust, the "O'Connell Entities") and by virtue of such relationship, the Foundation and Mr. O'Connell may be deemed to have shared voting and dispositive power over the Common Stock owned by the Foundation. IRS 19, M2O and the Trust disclaim beneficial ownership of the Common Stock of the Issuer owned by the Foundation except to the extent of their pecuniary interest therein. The Foundation disclaims beneficial ownership of the shares of Common Stock of the Issuer owned by IRS 19 except to the extent of its pecuniary interest therein.
  4. IRS 19 and the Foundation have each entered into an investment advisory agreement with Legion Partners Asset Management, LLC , a Delaware limited liability company ("Legion Partners"), pursuant to which Christopher Kiper ("Mr. Kiper") and Bradley Vizi ("Mr. Vizi") on behalf of Legion Partners, exclusively manage IRS 19's and the Foundation's investment in the Issuer and have certain discretion with respect to purchase and sales of Common Stock of the Issuer. As a result, Legion Partners, Mr. Kiper and Mr. Vizi may be deemed to have shared dispositive power with respect to the shares held by IRS 19 and the Foundation. Legion Partners, Mr. Kiper and Mr. Vizi each disclaims beneficial ownership of shares of Common Stock of the Issuer owned by each other except to the extent of his or its pecuniary interest therein. Mr. Kiper directly owns 22,000 shares of Common Stock of the Issuer and Mr. Vizi directly owns 1,000 shares of Common Stock of the Issuer.