Ourpets (OPCO) Form 4 OURPETS / STEVEN TSENGAS ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TSENGAS STEVEN

(Last) (First) (Middle)

1300 EAST STREET

(Street)

FAIRPORT HARBOR OH 44077

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OURPETS CO [ OPCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/21/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								772,712	I	By Spouse
Common Stock								100,000	I	Custodian UGM
Common Stock								3,062,885	D
Common Stock								30,065	I	By Partnership
Common Stock								44,104	I	By Partnership
Common Stock								2,987,885	D(2)
Common Stock								3,287,885	D(3)
Common Stock								3,192,430	D(3)
Common Stock								3,549,798	D(4)
Common Stock								3,373,655	D(4)
Common Stock								3,573,655	D(5)
Common Stock								3,473,655	D
Common Stock								3,479,155	D
Common Stock								3,483,655	D
Common Stock								45,612	I	By Partnership
Common Stock	12/21/2016		G		50,000(2)	D	$0.00	3,433,655	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	$0.6794							08/02/2006	08/02/2013	Common	0		0	D
Preferred Stock	$0.7							01/28/2010	(1)	Common	100,000		10,000	I	By Partnership
Warrant	$0.7999							06/28/2010	06/28/2015	Common	0		0	D
Warrant	$0.8448							07/16/2010	07/16/2015	Common	0		0	D
Warrant	$0.9678							10/18/2010	10/18/2015	Common	0		0	D
Warrant	$0.5							11/08/2012	11/08/2017	Common	50,563		50,563	I	By Partnership
Warrant	$0.42							12/07/2012	12/07/2017	Common	379,216		379,216	D
Option	$0.495							06/20/2008	06/20/2013	Common	0		0	D
Warrant	$0.4898							06/20/2008	06/20/2013	Common	0		0	I	By Partnership
Warrant	$0.4898							06/20/2008	06/20/2013	Common	0		0	I	By Partnership
Warrant	$0.55							10/10/2013	10/10/2018	Common	126,413		126,413	D
Option	$0.35							04/28/2006	04/28/2014	Common	0(3)		0	D
Warrant	$0.4436							09/17/2009	09/17/2014	Common	0		0	D
Option	$0.29							10/01/2006	10/01/2014	Common	0(5)		0	D

Explanation of Responses:

1. Conversion of Preferred Stock into Common Stock has no expiration date.

2. Mr. Tsengas does not have a pecuniary interest in and is not a beneficial owner of the shares held by the Tsengas Foundation, an Ohio non-profit corporation, which is a tax-exempt, charitable foundation. The shares held by the foundation have been excluded from the amount of securities.

3. Shares were acquired through cashless exercise of options originally granted April 28, 2004

4. Shares were acquired through cashless exercise of warrants originally granted September 17,2009

5. Shares were acquired through issuance of options originally granted October 1, 2004

Remarks:

	/s/Steven Tsengas	12/23/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.