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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
Tsirigakis Prokopios Akis

(Last) (First) (Middle)
90 KIFISSIAS AVENUE, MAROUSSI

(Street)
ATHENS J3 15125

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Stellar Acquisition III Inc. [ STLRU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Co-CEO, Chairman and President
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2016
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 09/28/2016 J(1) 35,222 D $0(1) 423,149 I See Footnote(1)
Common Stock 09/28/2016 J(2) 41,634 D $0(2) 500,176 I See Footnote(2)
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*
Tsirigakis Prokopios Akis

(Last) (First) (Middle)
90 KIFISSIAS AVENUE, MAROUSSI

(Street)
ATHENS J3 15125

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Co-CEO, Chairman and President
1. Name and Address of Reporting Person*
Astra Maritime Corp

(Last) (First) (Middle)
90 KIFISSIAS AVENUE, MAROUSSI

(Street)
ATHENS J3 15125

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Dominium Investments Inc

(Last) (First) (Middle)
90 KIFISSIAS AVENUE, MAROUSSI

(Street)
ATHENS J3 15125

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. As contemplated in connection with the initial public offering of the issuer, 35,222 shares of common stock of the issuer were returned by Astra Maritime Corp. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. Prokopios (Akis) Tsirigakis is the sole officer and director of Astra Maritime Corp.
2. As contemplated in connection with the initial public offering of the issuer, 41,634 shares of common stock of the issuer were returned by Dominium Investments Inc. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. Prokopios (Akis) Tsirigakis is the sole officer and director of Dominium Investments Inc.
/s/Prokopios (Akis) Tsirigakis 09/30/2016
/s/Prokopios (Akis) Tsirigakis Authorized Person, Astra Maritime Corp. 09/30/2016
/s/Prokopios (Akis) Tsirigakis Authorized Person, Dominium Investments Inc. 09/30/2016
** 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.