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Filing Details

Accession Number:
0001179110-16-029011
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-25 16:34:42
Reporting Period:
2016-06-13
Filing Date:
2016-08-25
Accepted Time:
2016-08-25 16:34:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1296484 Top Ships Inc. TOPS Deep Sea Foreign Transportation Of Freight (4412) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1512282 Ronin Capital, Llc 350 N. Orleans Street
Suite 2N
Chicago IL 60654-1975
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 Disposition 2016-06-13 597 $2.06 82,900 No 4 S Direct
Common Stock Disposition 2016-06-14 3,300 $1.96 79,600 No 4 S Direct
Common Stock Disposition 2016-06-16 300 $2.00 79,300 No 4 S Direct
Common Stock Disposition 2016-07-20 14,700 $2.13 64,600 No 4 S Direct
Common Stock Disposition 2016-07-21 64,600 $3.45 0 No 4 S Direct
Common Stock Acquisiton 2016-08-12 111,250 $2.80 111,250 No 4 X Direct
Common Stock Disposition 2016-08-23 9,869 $3.82 101,381 No 4 S Direct
Common Stock Disposition 2016-08-24 45,000 $4.15 56,381 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 X Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants to Purchase Common Stock Disposition 2016-08-12 125,000 $0.00 111,250 $2.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
500,000 2014-06-11 2019-06-11 No 4 X Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $2.05 to $2.06. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  2. This transaction was executed in multiple trades at prices ranging from $1.95 to $1.96. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  3. This transaction was executed in multiple trades at prices ranging from $2.00 to $2.25. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  4. This transaction was executed in multiple trades at prices ranging from $2.90 to $4.00. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  5. Each warrant is exercisable for 0.89 shares of common stock. After giving effect to the exercise of 125,000 warrants to purchase 111,250 shares of common stock on August 12, 2016, the reporting person beneficially owns 500,000 warrants to purchase 445,000 shares of common stock.
  6. This transaction was executed in multiple trades at prices ranging from $3.76 to $3.87. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  7. This transaction was executed in multiple trades at prices ranging from $3.90 to $4.40. The price reported above reflects the average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.