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 |
| |||||||||||||||
| 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*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol TESSCO TECHNOLOGIES INC [ TESS ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| ||||||||||||||||||||||||
| 3. Date of Earliest Transaction (Month/Day/Year) 12/04/2020 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||||||||||||
| 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 | 12/04/2020 | P | 3,300(1)(2) | A | $6.09(3) | 976,491 | D | |||
| Common Stock | 12/07/2020 | P | 6,000(1)(2) | A | $6.36(3) | 982,491 | D | |||
| Common Stock | 12/08/2020 | P | 10,000(1)(2) | A | $6.34(3) | 992,491 | 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 | ||||||||
| Explanation of Responses: |
| 1. ABL Manager LLC is the manager of Lakeview Investment Group & Trading Company, LLC. Ari B. Levy is the manager of ABL Manager LLC and, in that capacity, has voting and dispositive power over the Common Stock held by Lakeview Investment Group & Trading Company, LLC and therefore may be deemed to beneficially own such shares. Each of ABL Manager LLC and Mr. Levy disclaims beneficial ownership of the shares, except to the extent of their pecuniary interest therein. |
| 2. Additional Reporting Persons hereunder: ABL Manager LLC (DE) FEIN 45-2745417. Officer (Manager of Designated Reporting Person). No holdings (see footnote 1 for further explanation). Ari B. Levy, 444 W. Lake St. Ste. #1900, Chicago, IL 60606, Officer (Manager of Designated Reporting Person's Manager). No holdings (see footnote 1 for further explanation). |
| 3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions on (1) December 4, 2020 at prices ranging from $6.05 to $6.12 for the purchase of 3,300 shares, (2) December 7, 2020 at prices ranging from $6.25 to $6.45 for the purchase of 6,000 shares and (3) December 8, 2020 at prices ranging from $6.20 to $6.45 for the purchase of 10,000 shares. The undersigned undertakes to provide Tessco Technologies Inc. ("TESS"), any security holder of TESS 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 (3) to this Form 4. |
| Lakeview Investment Group & Trading Company, LLC ABL Manager LLC, as Manager of Lakeview Investment Group & Trading Company, LLC By: /s/ Ari B. Levy Name: Ari B. Levy Title: Manager | 12/09/2020 | |
| ABL Manager LLC By: /s/ Ari B. Levy Name: Ari B. Levy Title: Manager | 12/09/2020 | |
| ** 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. | ||