0001437749-17-008774.txt : 20170511 0001437749-17-008774.hdr.sgml : 20170511 20170511161205 ACCESSION NUMBER: 0001437749-17-008774 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170511 FILED AS OF DATE: 20170511 DATE AS OF CHANGE: 20170511 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KONA GRILL INC CENTRAL INDEX KEY: 0001265572 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 200216690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7150 EAST CAMELBACK ROAD STREET 2: SUITE 333 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 BUSINESS PHONE: 4809228100 MAIL ADDRESS: STREET 1: 7150 EAST CAMELBACK ROAD STREET 2: SUITE 333 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BBS Capital, LLC CENTRAL INDEX KEY: 0001453528 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34082 FILM NUMBER: 17834411 BUSINESS ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 972.207.3254 MAIL ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BBS Capital GP, LP CENTRAL INDEX KEY: 0001453530 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34082 FILM NUMBER: 17834412 BUSINESS ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 972.207.3254 MAIL ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BBS Capital Management, LP CENTRAL INDEX KEY: 0001453529 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34082 FILM NUMBER: 17834413 BUSINESS ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 972.207.3254 MAIL ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BBS CAPITAL FUND LP CENTRAL INDEX KEY: 0001434431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34082 FILM NUMBER: 17834414 BUSINESS ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 972.207.3254 MAIL ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bakay Berke CENTRAL INDEX KEY: 0001453410 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34082 FILM NUMBER: 17834415 MAIL ADDRESS: STREET 1: 5524 EAST ESTRID AVENUE CITY: SCOTTSDALE STATE: AZ ZIP: 85254 4 1 rdgdoc.xml BERKE BAKAY FORM 4 (05-11-2017) X0306 4 2017-05-11 0001265572 KONA GRILL INC KONA 0001453410 Bakay Berke 15059 NORTH SCOTTSDALE ROAD, SUITE 300 SCOTTSDALE AZ 85254 1 1 1 President and CEO 0001434431 BBS CAPITAL FUND LP 5524 EAST ESTRID AVENUE SCOTTSDALE AZ 85254 1 0001453529 BBS Capital Management, LP 5524 EAST ESTRID AVENUE SCOTTSDALE AZ 85254 1 1 0001453530 BBS Capital GP, LP 5524 EAST ESTRID AVENUE SCOTTSDALE AZ 85254 1 1 0001453528 BBS Capital, LLC 5524 EAST ESTRID AVENUE SCOTTSDALE AZ 85254 1 1 Common Stock 2017-05-11 4 P 0 50000 4.8344 A 1280000 I By Fund Common Stock 92602 D Price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $4.75 to $4.90, inclusive. The reporting persons undertake to provide Kona Grill, Inc. (the "Issuer"), any security holder of the Issuer, 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 range specified above. The filing of this Form 4 shall not be constructed as an admission that BBS Capital Management, LP ("BBS Management"), BBS Capital GP, LP ("BBS GP"), BBS Capital, LLC ("BBS Capital") or Mr. Berke Bakay are or were for the purpose of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the shares of common stock, par value $0.01 per share ("Common Stock"), of Kona Grill, Inc. (the "Issuer") owned by BBS Capital Fund, LP (the "Fund"). Mr Bakay, BBS GP, BBS Management and BBS Capital each disclaim any such beneficial ownership except to the extent of their pecuniary interest. The Fund beneficially owns 1,280,000 shares of Common Stock of the Issuer as of May 11, 2017 BBS GP, as general partner of the Fund, BBS Capital, as the general partner of BBS GP, and Mr. Bakay may be deemed to have an indirect pecuniary interest in such shares due to the performance allocation from the Fund and their direct or indirect partnership interests in the Fund. BBS Management, as investment manager to the Fund receives an asset-based management fee from the Fund and, therefore, has no pecuniary interest. /s/ Berke Bakay 2017-05-11 /s/ Berke Bakay, manager of BBS Capital, LLC, general partner of BBS Capital GP, LP, general partner of BBS Capital Fund, LP 2017-05-11 /s/ Berke Bakay, manager of BBS Capital, LLC, general partner of BBS Capital GP, LP 2017-05-11 /s/ Berke Bakay, manager of BBS Capital, LLC general partner of BBS Capital Management, LP 2017-05-11 /s/ Berke Bakay, manager of BBS Capital, LLC 2017-05-11