SC 13D/A 1 sc13da110407004_01272016.htm AMENDMENT NO. 1 TO THE SCHEDULE 13D sc13da110407004_01272016.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)

(Amendment No. 1)1

JAVELIN Mortgage Investment Corp.
(Name of Issuer)

Common Stock, par value $0.001 per share
(Title of Class of Securities)

47200B 10 4
(CUSIP Number)
 
KENNETH NADEL
WOLVERINE ASSET MANAGEMENT, LLC
175 W. JACKSON BLVD., SUITE 340
CHICAGO, ILLINOIS 60604
(312) 884-4400

ANDREW FREEDMAN, ESQ.
OLSHAN FROME WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

January 26, 2016
(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties to whom copies are to be sent.


_______________
1              The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
WOLVERINE ASSET MANAGEMENT, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
x
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
725,089
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
725,089
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
725,089
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.1%
14
TYPE OF REPORTING PERSON
 
IA

 
2

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
WOLVERINE HOLDINGS, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
730,244*
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
730,244*
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
730,244*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.1%*
14
TYPE OF REPORTING PERSON
 
HC

* Includes (i) 4,400 shares of common stock receivable upon exercise of options issued by the Issuer and (ii) 755 shares of common stock of the Issuer.

 
3

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
WOLVERINE TRADING PARTNERS, INC.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
730,244*
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
730,244*
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
730,244*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.1%*
14
TYPE OF REPORTING PERSON
 
CO/HC

* Includes (i) 4,400 shares of common stock receivable upon exercise of options issued by the Issuer and (ii) 755 shares of common stock of the Issuer.

 
4

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
CHRISTOPHER L. GUST
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
730,244*
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
730,244*
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
730,244*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.1%
14
TYPE OF REPORTING PERSON
 
IN/HC

* Includes (i) 4,400 shares of common stock receivable upon exercise of options issued by the Issuer and (ii) 755 shares of common stock of the Issuer.

 
5

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
ROBERT R. BELLICK
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
730,244*
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
730,244*
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
730,244*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.1%*
14
TYPE OF REPORTING PERSON
 
IN/HC

* Includes (i) 4,400 shares of common stock receivable upon exercise of options issued by the Issuer and (ii) 755 shares of common stock of the Issuer.

 
6

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
STEVE JOUNG
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO (see Item 3)
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
2,500*
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
2,500*
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,500*
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
Less than 1%
14
TYPE OF REPORTING PERSON
 
IN

* Consists of shares held directly by Archon Capital LLC, an affiliate of Mr. Joung. Mr. Joung may be deemed to share voting and dispositive power with respect to such shares; therefore, Mr. Joung may be deemed to beneficially own such shares.
 
 
7

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
ERIC W. MUEHLHAUSER
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
- 0 -
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
14
TYPE OF REPORTING PERSON
 
IN

 
8

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
OLOF S. NELSON
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
- 0 -
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
14
TYPE OF REPORTING PERSON
 
IN

 
9

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
NORMAN J. RICE, III
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
PF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
1,500
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
1,500
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,500
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
Less than 1%
14
TYPE OF REPORTING PERSON
 
IN

 
10

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
DONALD J. TRINGALI
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
- 0 -
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
14
TYPE OF REPORTING PERSON
 
IN

 
11

 
CUSIP NO. 47200B 10 4
 
1
NAME OF REPORTING PERSON
 
JOHN D. ZIEGELMAN
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a) x
  (b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
- 0 -
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
- 0 -
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
- 0 -
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
14
TYPE OF REPORTING PERSON
 
IN

 
12

 
CUSIP NO. 47200B 10 4
 
The following constitutes Amendment No. 1 to the Schedule 13D filed by the undersigned (“Amendment No. 1”). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.
 
Item 3.
Source and Amount of Funds or Other Consideration.
 
Item 3 is hereby amended and restated to read as follows:
 
The Shares purchased for the accounts of each of Flagship and WT were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The Shares reported herein for WAM, sole member and manager, were purchased for the account of Flagship, a private investment fund managed by WAM. A total of approximately $7,048,239 was paid for the 725,089 Shares, excluding brokerage commissions.
 
The Shares reported herein for WH, sole member and manager, were purchased for the account of WT, an options and ETF market maker.  A total of approximately $5,192 was paid for the 755 Shares, excluding brokerage commissions. The aggregate purchase price of certain call options exercisable into 4,400 Shares beneficially owned by WT, as further described in Item 6 to the Schedule 13D, is approximately $440, excluding brokerage commissions.
 
The Shares purchased by Mr. Joung were purchased by an affiliate using working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in the open market with personal funds, except as otherwise noted in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 2,500 Shares beneficially owned by Mr. Joung is approximately $15,350, excluding brokerage commissions.
 
The Shares purchased by Mr. Rice were purchased in the open market with personal funds, except as otherwise noted in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 1,500 Shares owned directly by Mr. Rice is approximately $8,628, excluding brokerage commissions.
 
Item 5.
Interest in Securities of the Issuer.
 
Item 5 is hereby amended and restated to read as follows:
 
The aggregate percentage of Shares reported owned by each person named herein is based upon 11,866,691 Shares outstanding, as of January 25, 2016, which is the total number of Shares outstanding as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 26, 2016.
 
A.
WAM
 
 
(a)
WAM, as the investment manager of Flagship, may be deemed the beneficial owner of the 725,089 Shares owned by Flagship.
 
Percentage: Approximately 6.1%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 725,089
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 725,089

 
(c)
WAM has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares by Flagship since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
 
13

 
CUSIP NO. 47200B 10 4
 
B.
WH
 
 
(a)
WH, as the sole member and manager of WAM, and the sole member and manager of WT, may be deemed the beneficial owner of the (i) 725,089 Shares owned by WAM and (ii) 5,155 Shares owned by WT.
 
Percentage: Approximately 6.1%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 730,244
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 730,244

 
(c)
WH has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares by Flagship and WT since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
C.
WTP
 
 
(a)
WTP, as the sole general partner of WH, may be deemed the beneficial owner of the (i) 725,089 Shares owned by WAM and (ii) 5,155 Shares owned by WT.
 
Percentage: Approximately 6.1%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 730,244
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 730,244

 
(c)
WTP has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares by Flagship and WT since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
D.
Mr. Gust
 
 
(a)
Mr. Gust, a controlling shareholder of WTP, may be deemed the beneficial owner of the (i) 725,089 Shares owned by WAM and (ii) 5,155 Shares owned by WT.
 
Percentage: Approximately 6.1%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 730,244
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 730,244

 
(c)
Mr. Gust has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares by Flagship and WT since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
 
14

 
CUSIP NO. 47200B 10 4
 
E.
Mr. Bellick
 
 
(a)
Mr. Bellick, a controlling shareholder of WTP, may be deemed the beneficial owner of the (i) 725,089 Shares owned by WAM and (ii) 5,155 Shares owned by WT.
 
Percentage: Approximately 6.1%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 730,244
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 730,244

 
(c)
Mr. Bellick has not entered into any transactions in the Shares since the filing of the Schedule 13D. The transactions in the Shares by Flagship and WT since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
F.
Mr. Joung
 
 
(a)
As of the close of business on January 26, 2016, Mr. Joung beneficially owned 2,500 Shares.1
 
Percentage: Less than 1%
 
 
(b)
1. Sole power to vote or direct vote: 2,500
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 2,500
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
Mr. Joung has not entered into any transactions in the Shares since the filing of the Schedule 13D.
 
G.
Mr. Muehlhauser
 
 
(a)
As of the close of business on January 26, 2016, Mr. Muehlhauser did not own any Shares.
 
Percentage: 0%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
Mr. Muehlhauser has not entered into any transactions in the Shares since the filing of the Schedule 13D.


 
15

 
CUSIP NO. 47200B 10 4
 
H.
Mr. Nelson
 
 
(a)
As of the close of business on January 26, 2016, Mr. Nelson did not own any Shares.
 
Percentage: 0%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
Mr. Nelson has not entered into any transactions in the Shares since the filing of the Schedule 13D.
 
I.
Mr. Rice
 
 
(a)
As of the close of business on January 26, 2016, Mr. Rice directly owned 1,500 Shares.
 
Percentage: Less than 1%
 
 
(b)
1. Sole power to vote or direct vote: 1,500
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 1,500
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
The transactions in the Shares by Mr. Rice since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
 
J.
Mr. Tringali
 
 
(a)
As of the close of business on January 26, 2016, Mr. Tringali did not own any Shares.
 
Percentage: 0%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
Mr. Tringali has not entered into any transactions in the Shares since the filing of the Schedule 13D.
 
 
16

 
CUSIP NO. 47200B 10 4
 
K.
Mr. Ziegelman
 
 
(a)
As of the close of business on January 26, 2016, Mr. Ziegelman did not own any Shares.
 
Percentage: 0%
 
 
(b)
1. Sole power to vote or direct vote: 0
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0

 
(c)
Mr. Ziegelman has not entered into any transactions in the Shares since the filing of the Schedule 13D.
 
As of the close of business on January 26, 2016, the Reporting Persons collectively beneficially owned an aggregate of 734,244 Shares, constituting approximately 6.2% of the Shares outstanding.
 
Each Reporting Person, as a member of a “group” with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons.  Each Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.
 
 
(d)
No person other than the Reporting Persons, Flagship and WT is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
 
 
(e)
Not applicable.
 
 
17

 
CUSIP NO. 47200B 10 4

SIGNATURES
 
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Dated:  January 27, 2016
 


WOLVERINE ASSET MANAGEMENT, LLC
 
 
By:
/s/ Christopher L. Gust
 
Name:
Christopher L. Gust
 
Title:
Chief Investment Officer

WOLVERINE HOLDINGS, L.P.
 
 
By:
/s/ Christopher L. Gust
 
Name:
Christopher L. Gust
 
Title:
Managing Director

WOLVERINE TRADING PARTNERS, INC.
 
 
By:
/s/ Christopher L. Gust
 
Name:
Christopher L. Gust
 
Title:
Authorized signatory


 
By:
/s/ Christopher L. Gust
 
Name:
Christopher L. Gust
     

 
 
By:
/s/ Robert R. Bellick
 
Name:
Robert R. Bellick
     
 
 
18

 
CUSIP NO. 47200B 10 4
 
 
 
By:
/s/ John D. Ziegelman
 
Name:
John D. Ziegelman
     

 
 
By:
/s/ Eric W. Muehlhauser
 
Name:
Eric W. Muehlhauser
     

 
 
By:
/s/ Steve Joung
 
Name:
Steve Joung
     


 
By:
/s/ Olof S. Nelson
 
Name:
Olof S. Nelson
     


 
By:
/s/ Norman J. Rice, III
 
Name:
Norman J. Rice, III
     


 
By:
/s/ Donald J. Tringali
 
Name:
Donald J. Tringali
     

 
19

 
CUSIP NO. 47200B 10 4
 
SCHEDULE A
 
Transactions in the Shares since the filing of the Schedule 13D
 
Nature of the Transaction
Securities
Purchased/(Sold)
Price Per
Share($)
Date of
Purchase / Sale

WOLVERING ASSET MANAGEMENT, LLC (THROUGH WOLVERINE FLAGSHIP FUND TRADING LIMITED)

 
 
   
Purchase of Common Stock
100
5.8800
12/15/2015
Purchase of Common Stock
300
5.9299
12/15/2015
Purchase of Common Stock
800
6.1100
12/15/2015
Purchase of Common Stock
600
6.0700
12/15/2015
Purchase of Common Stock
800
6.0600
12/15/2015
Purchase of Common Stock
800
6.0400
12/15/2015
Purchase of Common Stock
1,100
6.1500
12/15/2015
Purchase of Common Stock
400
6.1400
12/15/2015
Purchase of Common Stock
100
6.1700
12/15/2015
Purchase of Common Stock
700
6.2400
12/15/2015
Purchase of Common Stock
959
6.2200
12/15/2015
Purchase of Common Stock
800
6.2500
12/16/2015
Purchase of Common Stock
700
6.2400
12/16/2015
Purchase of Common Stock
788
6.2200
12/16/2015
Purchase of Common Stock
1,000
6.1700
12/16/2015
Purchase of Common Stock
1,500
6.2300
12/16/2015
Purchase of Common Stock
1,700
6.2100
12/16/2015
Purchase of Common Stock
1,493
6.1900
12/16/2015
Purchase of Common Stock
594
6.1800
12/16/2015
Purchase of Common Stock
100
6.2000
12/16/2015
Purchase of Common Stock
600
6.1400
12/16/2015
Purchase of Common Stock
200
6.4200
12/17/2015
Purchase of Common Stock
200
6.4100
12/17/2015
Purchase of Common Stock
1,400
6.3900
12/17/2015
Purchase of Common Stock
1,000
6.3800
12/17/2015
Purchase of Common Stock
1,402
6.3600
12/17/2015
Purchase of Common Stock
200
6.3700
12/17/2015
Purchase of Common Stock
1,144
6.3500
12/17/2015
Purchase of Common Stock
800
6.6200
12/18/2015
Purchase of Common Stock
400
6.6100
12/18/2015
Purchase of Common Stock
1,081
6.5900
12/18/2015
Purchase of Common Stock
2,400
6.5600
12/18/2015
Purchase of Common Stock
1,227
6.5500
12/18/2015
Purchase of Common Stock
1,133
6.5400
12/18/2015
Purchase of Common Stock
800
6.5200
12/18/2015
Purchase of Common Stock
1,645
6.5800
12/18/2015
Purchase of Common Stock
1,300
6.5700
12/18/2015
 
 
 

 
CUSIP NO. 47200B 10 4
 
Purchase of Common Stock
400
6.5100
12/18/2015
Purchase of Common Stock
600
6.5000
12/18/2015
Purchase of Common Stock
200
6.4600
12/18/2015
Purchase of Common Stock
500
6.4800
12/18/2015
Purchase of Common Stock
1,100
6.4100
12/18/2015
Purchase of Common Stock
400
6.4200
12/18/2015
Purchase of Common Stock
100
6.4300
12/18/2015
Purchase of Common Stock
200
6.4000
12/18/2015
Purchase of Common Stock
714
6.3900
12/18/2015
Purchase of Common Stock
200
6.6800
12/22/2015
Purchase of Common Stock
1
6.6600
12/23/2015
Purchase of Common Stock
600
6.7000
12/23/2015
Purchase of Common Stock
800
6.6800
12/23/2015
Purchase of Common Stock
320
6.6500
12/23/2015
Purchase of Common Stock
105
6.6400
12/23/2015
Purchase of Common Stock
200
6.6300
12/23/2015
Purchase of Common Stock
800
6.5700
12/24/2015
Purchase of Common Stock
200
6.5300
12/24/2015
Purchase of Common Stock
400
6.4400
12/30/2015
Purchase of Common Stock
392
6.4100
12/30/2015
Purchase of Common Stock
500
6.4200
12/30/2015
Purchase of Common Stock
400
6.3300
12/31/2015
Purchase of Common Stock
400
6.3400
12/31/2015
Purchase of Common Stock
400
6.3100
12/31/2015
Purchase of Common Stock
400
6.2900
12/31/2015
Purchase of Common Stock
400
6.2800
12/31/2015
Purchase of Common Stock
500
6.2700
12/31/2015
Purchase of Common Stock
500
6.2600
12/31/2015
Purchase of Common Stock
391
6.2500
12/31/2015
Purchase of Common Stock
100
6.2100
12/31/2015
Purchase of Common Stock
1,000
6.1900
12/31/2015
Purchase of Common Stock
104
6.1600
12/31/2015
Purchase of Common Stock
104
6.1500
12/31/2015
Purchase of Common Stock
500
6.1700
12/31/2015
Purchase of Common Stock
403
6.2200
12/31/2015
Purchase of Common Stock
103
6.2000
12/31/2015
Purchase of Common Stock
400
6.2300
12/31/2015
Purchase of Common Stock
400
6.7300
01/05/2016
Purchase of Common Stock
1
6.7200
01/05/2016
Purchase of Common Stock
400
6.7800
01/06/2016
Purchase of Common Stock
100
6.7700
01/06/2016
Purchase of Common Stock
100
6.7200
01/07/2016
Purchase of Common Stock
700
6.7800
01/07/2016
Purchase of Common Stock
127
6.7500
01/07/2016
Purchase of Common Stock
100
6.7100
01/07/2016
Purchase of Common Stock
170
6.7000
01/07/2016
Purchase of Common Stock
300
6.6700
01/07/2016
Purchase of Common Stock
100
6.6100
01/07/2016
Purchase of Common Stock
300
6.6400
01/07/2016
Purchase of Common Stock
100
6.6500
01/07/2016
 
 
 

 
CUSIP NO. 47200B 10 4
 
Purchase of Common Stock
301
6.7100
01/08/2016
Purchase of Common Stock
100
6.7000
01/08/2016
Purchase of Common Stock
800
6.6800
01/08/2016
Purchase of Common Stock
600
6.6700
01/08/2016
Purchase of Common Stock
200
6.6900
01/08/2016
Purchase of Common Stock
500
6.6400
01/08/2016
Purchase of Common Stock
315
6.6300
01/08/2016
Purchase of Common Stock
600
6.6200
01/08/2016
Purchase of Common Stock
50
6.7400
01/08/2016
Purchase of Common Stock
400
6.7300
01/08/2016
Purchase of Common Stock
300
6.6400
01/11/2016
Purchase of Common Stock
696
6.6000
01/11/2016
Purchase of Common Stock
300
6.6100
01/11/2016
Purchase of Common Stock
1,100
6.5900
01/11/2016
Purchase of Common Stock
1,200
6.5500
01/11/2016
Purchase of Common Stock
414
6.5100
01/11/2016
Purchase of Common Stock
1,085
6.4900
01/11/2016
Purchase of Common Stock
388
6.4800
01/11/2016
Purchase of Common Stock
400
6.4700
01/11/2016
Purchase of Common Stock
400
6.3100
01/12/2016
Purchase of Common Stock
400
6.3200
01/12/2016
Purchase of Common Stock
800
6.4700
01/12/2016
Purchase of Common Stock
800
6.3200
01/13/2016
Purchase of Common Stock
1,200
6.3100
01/13/2016
Purchase of Common Stock
300
6.2800
01/13/2016
Purchase of Common Stock
100
6.2700
01/13/2016
Purchase of Common Stock
600
6.2500
01/13/2016
Purchase of Common Stock
100
6.2000
01/13/2016
Purchase of Common Stock
600
6.2200
01/13/2016
Purchase of Common Stock
700
6.0800
01/13/2016
Purchase of Common Stock
200
6.0700
01/13/2016
Purchase of Common Stock
100
6.0500
01/13/2016
Purchase of Common Stock
300
6.0600
01/13/2016
Purchase of Common Stock
300
6.0300
01/13/2016
Purchase of Common Stock
700
6.1100
01/13/2016
Purchase of Common Stock
448
6.1000
01/13/2016
Purchase of Common Stock
300
6.0900
01/13/2016
Purchase of Common Stock
43
6.0600
01/14/2016
Purchase of Common Stock
200
6.1800
01/14/2016
Purchase of Common Stock
500
6.1900
01/14/2016
Purchase of Common Stock
122
6.1600
01/14/2016
Purchase of Common Stock
300
6.1700
01/14/2016
Purchase of Common Stock
115
6.2400
01/14/2016
Purchase of Common Stock
18
6.2100
01/14/2016
Purchase of Common Stock
200
6.1800
01/15/2016
Purchase of Common Stock
100
6.1900
01/15/2016
Purchase of Common Stock
400
6.1400
01/15/2016
Purchase of Common Stock
700
6.1200
01/15/2016
Purchase of Common Stock
289
6.1100
01/15/2016
Purchase of Common Stock
200
6.0900
01/15/2016
 
 
 

 
CUSIP NO. 47200B 10 4
 
Purchase of Common Stock
799
6.0600
01/15/2016
Purchase of Common Stock
1,481
6.0800
01/15/2016
Purchase of Common Stock
500
6.0700
01/15/2016
Purchase of Common Stock
1,000
6.0300
01/15/2016
Purchase of Common Stock
100
6.0500
01/15/2016
Purchase of Common Stock
400
6.0400
01/15/2016
Purchase of Common Stock
400
6.0000
01/15/2016
Purchase of Common Stock
800
6.0200
01/15/2016
Purchase of Common Stock
125
6.0100
01/15/2016
Purchase of Common Stock
100
6.0900
01/19/2016
Purchase of Common Stock
1,201
6.0500
01/19/2016
Purchase of Common Stock
800
6.0600
01/19/2016
Purchase of Common Stock
600
6.0400
01/19/2016
Purchase of Common Stock
1,300
6.0100
01/19/2016
Purchase of Common Stock
100
6.0000
01/19/2016
Purchase of Common Stock
300
6.0200
01/19/2016
Purchase of Common Stock
100
6.0300
01/19/2016
Purchase of Common Stock
800
5.9100
01/19/2016
Purchase of Common Stock
100
5.8500
01/19/2016
Purchase of Common Stock
800
5.7500
01/20/2016
Purchase of Common Stock
800
5.7100
01/20/2016
Purchase of Common Stock
700
5.6900
01/20/2016
Purchase of Common Stock
25
5.6200
01/20/2016
Purchase of Common Stock
700
5.5300
01/20/2016
Purchase of Common Stock
1,200
5.5000
01/20/2016
Purchase of Common Stock
800
5.4400
01/20/2016
Purchase of Common Stock
1,300
5.3300
01/20/2016
Purchase of Common Stock
800
5.3000
01/20/2016
Purchase of Common Stock
805
5.2700
01/20/2016
Purchase of Common Stock
600
5.1500
01/20/2016
Purchase of Common Stock
223
5.1100
01/20/2016
Purchase of Common Stock
600
5.1400
01/20/2016
Purchase of Common Stock
100
5.1200
01/20/2016
Purchase of Common Stock
890
5.1700
01/20/2016
Purchase of Common Stock
400
5.1800
01/20/2016
Purchase of Common Stock
200
5.2000
01/20/2016
Purchase of Common Stock
400
5.3700
01/20/2016
Purchase of Common Stock
450
5.2900
01/20/2016
Purchase of Common Stock
500
5.2800
01/20/2016
Purchase of Common Stock
2,100
5.3400
01/20/2016
Purchase of Common Stock
2,300
5.3500
01/20/2016
Purchase of Common Stock
897
5.3200
01/20/2016
Purchase of Common Stock
500
5.3600
01/20/2016
Purchase of Common Stock
800
5.4200
01/20/2016
Purchase of Common Stock
251
5.4900
01/20/2016
Purchase of Common Stock
800
5.5100
01/20/2016
Purchase of Common Stock
59
5.4800
01/20/2016
Purchase of Common Stock
405
5.5000
01/21/2016
Purchase of Common Stock
100
5.7100
01/21/2016
Purchase of Common Stock
800
5.8300
01/21/2016
 
 
 

 
CUSIP NO. 47200B 10 4
 
Purchase of Common Stock
600
5.8200
01/21/2016
Purchase of Common Stock
800
5.8000
01/21/2016
Purchase of Common Stock
100
5.7800
01/21/2016
Purchase of Common Stock
100
5.6800
01/21/2016
Purchase of Common Stock
400
5.7000
01/21/2016
Purchase of Common Stock
100
5.6700
01/21/2016
Purchase of Common Stock
700
5.6000
01/21/2016
Purchase of Common Stock
100
5.5800
01/21/2016
Purchase of Common Stock
276
5.5600
01/21/2016
Purchase of Common Stock
200
5.5700
01/21/2016
Purchase of Common Stock
300
5.5400
01/21/2016
Purchase of Common Stock
205
5.5300
01/21/2016
Purchase of Common Stock
600
5.8100
01/22/2016
Purchase of Common Stock
300
5.8600
01/22/2016
Purchase of Common Stock
111
5.8300
01/22/2016
Purchase of Common Stock
900
5.7800
01/22/2016
Purchase of Common Stock
400
5.7700
01/22/2016
Purchase of Common Stock
400
5.7500
01/22/2016
Purchase of Common Stock
200
5.8700
01/22/2016
Purchase of Common Stock
135
5.8800
01/22/2016
Purchase of Common Stock
328
5.9000
01/22/2016
Purchase of Common Stock
300
5.8900
01/22/2016
Purchase of Common Stock
300
5.8100
01/25/2016
Purchase of Common Stock
800
5.8000
01/25/2016
Purchase of Common Stock
100
5.7600
01/25/2016
Purchase of Common Stock
1,300
5.7800
01/25/2016
Purchase of Common Stock
1,100
5.7300
01/25/2016
Purchase of Common Stock
400
5.7200
01/25/2016
Purchase of Common Stock
800
5.7100
01/25/2016
Purchase of Common Stock
200
5.7000
01/25/2016
Purchase of Common Stock
200
5.7400
01/26/2016
Purchase of Common Stock
300
5.7500
01/26/2016
Purchase of Common Stock
1,344
5.7600
01/26/2016
Purchase of Common Stock
777
5.8100
01/26/2016
Purchase of Common Stock
500
5.7800
01/26/2016
Purchase of Common Stock
800
5.7300
01/26/2016

 
WOLVERINE HOLDINGS, L.P. (THROUGH WOLVERINE TRADING, LLC)

 
 
   
Sale of Common Stock (1)
(500)
5.0000
12/11/2015
Sale of Common Stock (2)
(100)
7.5000
12/14/2015
Purchase of Common Stock
780
6.2200
12/15/2015
Sale of Common Stock
(175)
6.5770
12/18/2015
Purchase of Common Stock
66
6.5455
12/18/2015
Sale of Common Stock (3)
(100)
5.0000
01/12/2016
Purchase of Common Stock
56
5.5500
01/21/2016

 
 

 
CUSIP NO. 47200B 10 4

NORMAN J. RICE, III

 
 
   
Purchase of Common Stock
400
5.8000
12/14/2015
Purchase of Common Stock
1,000
5.7300
12/14/2015
Purchase of Common Stock
100
5.7750
12/14/2015

_______
1 Represents the assignment of certain February 19, 2016 $5.00 call options exercised on December 11, 2015 by Wolverine Trading, LLC.

2 Represents the exercise of certain December 18, 2015 $7.50 put options exercised on December 14, 2015 by Wolverine Trading, LLC.

3 Represents the assignment of certain February 19, 2016 $5.00 call options exercised on January 12, 2016 by Wolverine Trading, LLC.