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Filing Details

Accession Number:: 0000921895-19-000820
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-18 21:15:46
Reporting Period:: 2019-03-14

Accepted Time:: 2019-03-18 21:15:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
700841	Rcm Technologies Inc	RCMT	()	PA

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
351952	Corporation Financial Harvest	1600 Benedum-Trees Building 223 Fourth Avenue Pittsburgh PA 15222		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	10390 Wilshire Blvd Suite 406 Los Angeles CA 90024	Executive Chairman & President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-03-14	637,000	$3.92	2,692,065	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	84,526	Direct
Common Stock	266,074	Indirect	See Footnotes

Footnotes

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.
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.
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.
IRS 19 and the Foundation have each entered into an investment advisory agreement with Harvest Financial Corporation ("Harvest"), pursuant to which Bradley Vizi ("Mr. Vizi") on behalf of Harvest, exclusively manages IRS 19's and the Foundation's investment in the Issuer and has certain discretion with respect to purchase and sales of Common Stock of the Issuer. As a result, Harvest and Mr. Vizi may be deemed to have shared dispositive power with respect to the shares held by IRS 19 and the Foundation. Harvest 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.
The aggregate ownership of IRS 19 following the reportable transaction is being revised from the last Form 4 filing to correct an inadvertent miscalculation. The ownership of Mr. Vizi is being revised to exclude 35,000 restricted stock units that will vest on May 31, 2019 and December 13, 2019.