Ourpets (OPCO) Form 4 OURPETS / KONSTANTINE S 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

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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 KONSTANTINE S

(Last) (First) (Middle)

1300 EAST AVENUE

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP-Operations and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
06/06/2018

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								74,409	I	By children
Common Stock								6,840	I	By Partnership
Common Stock								922,903	D
Common Stock								847,903	D
Common Stock								997,903	D
Common Stock								949,570	D
Common Stock								7,362	I	By Partnership
Common Stock								16,497(2)	I	By Partnership
Common Stock								34,497(3)	I	By Partnership
Common Stock								34,886(4)	I	By Partnership
Common Stock								38,097(4)	I	By Partnership
Common Stock								38,199(4)	I	By Partnership
Common Stock								38,379(4)	I	By Partnership
Common Stock								39,279(4)	I	By Partnership
Common Stock								42,957(4)	I	By Partnership

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
Option	$0.375							12/04/2001	12/04/2004	Common	150,000		150,000	D
Warrant	$0.97							12/14/1999	12/14/2005	Common	5,155		5,155	D
Warrant	$0.97							12/14/1999	12/14/2005	Common	37,113		37,113	I	By Partnership
Warrant	$0.97							12/14/1999	12/14/2005	Common	10,309		10,309	I	By Children
Option	$0.29							10/01/2006	10/01/2014	Common	150,000		0(1)	D
Warrant	$0.4926							11/08/2012	11/08/2017	Common	9,135		0	I	By Partnership
Option	$0.79	06/06/2018		A		50,000		06/06/2020(5)	06/06/2023	Common	50,000	$0.00	50,000	D

Explanation of Responses:

1. Shares were acquired through cashless exercise of options originally granted October 1, 2004

2. Shares were acquired through exercise of warrants granted to Partnership on November 8, 2012 b

3. Shares were acquired through conversion of Preferred Stock originally purchased by Partnership on January 28, 2010. Conversion rate was 10 Common shares for every 1 Preferred Share.

4. Shares were acquired by SENK Properties of which Konstantine Tsengas owns 18%.

5. Options vest 1/3 on each of the 2nd, 3rd and 4th anniversaries of grant date.

Remarks:

	Konstantine S. Tsengas	06/08/2018
	** 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).
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