0000921895-16-003077.txt : 20160125
0000921895-16-003077.hdr.sgml : 20160125
20160125193720
ACCESSION NUMBER: 0000921895-16-003077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160121
FILED AS OF DATE: 20160125
DATE AS OF CHANGE: 20160125
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Superior Drilling Products, Inc.
CENTRAL INDEX KEY: 0001600422
STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
IRS NUMBER: 464341605
STATE OF INCORPORATION: UT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1583 SOUTH 1700 EAST
CITY: VERNAL
STATE: UT
ZIP: 84078
BUSINESS PHONE: 435-789-0594
MAIL ADDRESS:
STREET 1: 1583 SOUTH 1700 EAST
CITY: VERNAL
STATE: UT
ZIP: 84078
FORMER COMPANY:
FORMER CONFORMED NAME: SD Co Inc
DATE OF NAME CHANGE: 20140218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lone Star Value Management LLC
CENTRAL INDEX KEY: 0001589350
STATE OF INCORPORATION: CT
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36453
FILM NUMBER: 161359744
BUSINESS ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
BUSINESS PHONE: (203) 542-0235
MAIL ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lone Star Value Investors GP LLC
CENTRAL INDEX KEY: 0001589325
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36453
FILM NUMBER: 161359745
BUSINESS ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
BUSINESS PHONE: (203) 564-1405
MAIL ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lone Star Value Investors LP
CENTRAL INDEX KEY: 0001589247
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36453
FILM NUMBER: 161359746
BUSINESS ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
BUSINESS PHONE: (203) 542-0235
MAIL ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eberwein Jeffrey E.
CENTRAL INDEX KEY: 0001548312
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36453
FILM NUMBER: 161359747
MAIL ADDRESS:
STREET 1: 53 FOREST AVENUE, 1ST FLOOR
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
4
1
form409482013_01252016.xml
OWNERSHIP DOCUMENT
X0306
4
2016-01-21
0
0001600422
Superior Drilling Products, Inc.
SDPI
0001548312
Eberwein Jeffrey E.
53 FOREST AVENUE, 1ST FLOOR
OLD GREENWICH
CT
06870
0
0
1
0
0001589247
Lone Star Value Investors LP
53 FOREST AVENUE, 1ST FLOOR
OLD GREENWICH
CT
06870
0
0
0
1
See Footnote 1
0001589325
Lone Star Value Investors GP LLC
53 FOREST AVENUE, 1ST FLOOR
OLD GREENWICH
CT
06870
0
0
0
1
See Footnote 1
0001589350
Lone Star Value Management LLC
53 FOREST AVENUE, 1ST FLOOR
OLD GREENWICH
CT
06870
0
0
1
0
Common Stock
2016-01-21
4
P
0
1500
0.9787
A
1703000
I
By: Lone Star Value Investors, LP
Common Stock
2016-01-22
4
P
0
2000
1.0085
A
1705000
I
By: Lone Star Value Investors, LP
Common Stock
125000
I
By: Separately Managed Account
This Form 4 is filed jointly by Lone Star Value Investors, LP ("Lone Star Value Investors"), Lone Star Value Investors GP, LLC ("Lone Star Value GP"), Lone Star Value Management, LLC ("Lone Star Value Management") and Jeffrey E. Eberwein (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
Securities owned directly by Lone Star Value Investors. Lone Star Value GP, as the general partner of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Lone Star Value Management, as the investment manager of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors.
Securities held in an account separately managed by Lone Star Value Management ("Separately Managed Account I"). Lone Star Value Management, as the investment manager of Separately Managed Account I, may be deemed the beneficial owner of the securities held in Separately Managed Account I. Mr. Eberwein, as the sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities held in Separately Managed Account I.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.8900 to $1.0100. The Reporting Persons undertake to provide to 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 ranges set forth in footnote 4 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.9950 to $1.0100. The Reporting Persons undertake to provide to 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 ranges set forth in footnote 5 to this Form 4.
/s/ Jeffrey E. Eberwein
2016-01-25
Lone Star Value Investors, LP; By: Lone Star Value Investors GP, LLC; By: /s/ Jeffrey E. Eberwein, Authorized Signatory
2016-01-25
Lone Star Value Investors GP, LLC; By: /s/ Jeffrey E. Eberwein, Authorized Signatory
2016-01-25
Lone Star Value Management, LLC; By: /s/ Jeffrey E. Eberwein, Authorized Signatory
2016-01-25