CCW/LAW Form 4 GLOBALSCAPE / C Clark Webb 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^*

210/GSB Acquisition Partners, LLC

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBALSCAPE INC [ GSB ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2017

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

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

	Form filed by One Reporting Person
X	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	03/20/2017		P		43,500	A	$3.839	3,318,300(1)(2)(5)	D
Common Stock	03/21/2017		P		8,500	A	$3.839	3,326,800(1)(2)(5)	D
Common Stock								231,507	I	By C. Clark Webb(1)(3)(5)
Common Stock								231,500	I	By Atlas Capital Management, L.P.(1)(4)(5)

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

1. Name and Address of Reporting Person^*

210/GSB Acquisition Partners, LLC

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

210 Capital, LLC

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

COVENANT RHA PARTNERS, L.P.

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

CCW/LAW Holdings, LLC

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

RHA Investments, Inc.

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Alpert Robert H

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Webb C Clark

(Last) (First) (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

(Street)

DALLAS TX 75225

(City) (State) (Zip)

Explanation of Responses:

1. This Form 4 is being filed by (i) 210/GSB Acquisition Partners, LLC ("GSB Acquisition"), in its capacity as a direct holder of 3,326,800 shares of common stock of GlobalSCAPE, Inc. (the "Issuer"), (ii) 210 Capital, LLC ("210 Capital"), in its capacity as sole member of GSB Acquisition, (iii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as a member of 210 Capital, (iv) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as a member of 210 Capital, (v) C. Clark Webb, in his capacity as sole member of CCW Holdings and as a direct holder of 231,507 shares of the Issuer's common stock, (vi) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners, and (vii) Robert H. Alpert, in his capacity as President and sole shareholder of RHA Investments (collectively, the "Reporting Persons").

2. These shares of the Issuer's common stock are held directly by GSB Acquisition. The Reporting Persons, other than GSB Acquisition, disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.

3. These shares of the Issuer's common stock are held directly by Mr. Webb. The Reporting Persons, other than Mr. Webb, disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.

4. These shares of the Issuer's common stock are held directly by Atlas Capital Management, L.P. ("ACM"). RHA Investments is the general partner of ACM and has the power to direct ACM's affairs, and as President and sole shareholder of RHA Investments, Mr. Alpert has the power to direct RHA Investments' affairs. The Reporting Persons disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.

5. The principal business address of each of the Reporting Persons is 8214 Westchester Drive, Suite 950, Dallas, Texas 75225.

Remarks:

	210/GSB ACQUISITION PARTNERS, LLC, By: 210 Capital, LLC, Its: Sole Member, By: Covenant RHA Partners, L.P., Its: Member, By: /s/ Robert H. Alpert, Its: Authorized Signatory, By: CCW/LAW Holdings, LLC, Its: Member, By: /s/ C. Clark Webb, Its: Auth. Sig	03/22/2017
	210 CAPITAL, LLC, By: Covenant RHA Partners, L.P., Its: Member, By: /s/ Robert H. Alpert, Its: Authorized Signatory, By: CCW/LAW Holdings, LLC, Its: Member, By: /s/ C. Clark Webb, Its: Authorized Signatory	03/22/2017
	COVENANT RHA PARTNERS, L.P., By: /s/ Robert H. Alpert, Its: Authorized Signatory	03/22/2017
	CCW/LAW HOLDINGS, LLC, By: /s/ C. Clark Webb, Its: Authorized Signatory	03/22/2017
	RHA INVESTMENTS, INC., By: /s/ Robert H. Alpert, Title: President	03/22/2017
	ROBERT H. ALPERT, By: /s/ Robert H. Alpert	03/22/2017
	C. CLARK WEBB, By: /s/ C. Clark Webb	03/22/2017
	** Signature of Reporting Person	Date
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