Filing Details

Accession Number:
0000921895-16-005750
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-23 21:37:55
Reporting Period:
2016-09-21
Filing Date:
2016-09-23
Accepted Time:
2016-09-23 21:37:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1367311 Dakota Plains Holdings Inc. DAKP Wholesale-Petroleum Bulk Stations & Terminals (5171) 202543857
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1548312 E. Jeffrey Eberwein 53 Forest Avenue, 1St Floor
Old Greenwich CT 06870
No No Yes No
1589247 Lone Star Value Investors Lp 53 Forest Avenue, 1St Floor
Old Greenwich CT 06870
No No No Yes
1589325 Lone Star Value Investors Gp Llc 53 Forest Avenue, 1St Floor
Old Greenwich CT 06870
No No No Yes
1589350 Lone Star Value Management Llc 53 Forest Avenue, 1St Floor
Old Greenwich CT 06870
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 2016-09-21 288,000 $0.03 5,366,454 No 4 S Indirect By: Lone Star Value Investors, LP
Common Stock Disposition 2016-09-22 238,557 $0.02 5,127,897 No 4 S Indirect By: Lone Star Value Investors, LP
Common Stock Disposition 2016-09-22 17,791 $0.02 382,209 No 4 S Indirect By: Separately Managed Account
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By: Lone Star Value Investors, LP
No 4 S Indirect By: Lone Star Value Investors, LP
No 4 S Indirect By: Separately Managed Account
Footnotes
  1. This Form 4 is filed jointly by Lone Star Value Investors, LP ("Lone Star Value Investors"), Lone Star Value Investors GP, LLC ("Lone Star Value GP"), Lone Star Value Management, LLC ("Lone Star Value Management") and Jeffrey E. Eberwein (collectively, the "Reporting Persons"). Each of the Reporting Persons may have been deemed to be a member of a Section 13(d) group that collectively beneficially owned more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaimed 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 was the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
  2. Securities owned directly by Lone Star Value Investors. Lone Star Value GP, as the general partner of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Lone Star Value Management, as the investment manager of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors.
  3. Securities held in an account separately managed by Lone Star Value Management ("Separately Managed Account I"). Lone Star Value Management, as the investment manager of Separately Managed Account I, may be deemed the beneficial owner of the securities held in Separately Managed Account I. Mr. Eberwein, as the sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities held in Separately Managed Account I.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $.03000 to $.03220. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 4 to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $.02300 to $.02800. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 5 to this Form 4.