0001062993-20-004648.txt : 20200925
0001062993-20-004648.hdr.sgml : 20200925
20200925161151
ACCESSION NUMBER: 0001062993-20-004648
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200924
FILED AS OF DATE: 20200925
DATE AS OF CHANGE: 20200925
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Edenbrook Capital, LLC
CENTRAL INDEX KEY: 0001666682
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31759
FILM NUMBER: 201200268
BUSINESS ADDRESS:
STREET 1: 116 RADIO CIRCLE
STREET 2: SUITE 202
CITY: MT. KISCO
STATE: NY
ZIP: 10549
BUSINESS PHONE: 914-239-3117
MAIL ADDRESS:
STREET 1: 116 RADIO CIRCLE
STREET 2: SUITE 202
CITY: MT. KISCO
STATE: NY
ZIP: 10549
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brolin Jonathan
CENTRAL INDEX KEY: 0001712127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31759
FILM NUMBER: 201200269
MAIL ADDRESS:
STREET 1: 2 DEPOT PLAZA
STREET 2: 4TH FLOOR
CITY: BEDFORD HILLS
STATE: NY
ZIP: 10507
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PANHANDLE OIL & GAS INC
CENTRAL INDEX KEY: 0000315131
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 731055775
STATE OF INCORPORATION: OK
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1601 NW EXPRESSWAY
STREET 2: VALLIANCE BANK TOWER STE 1100
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73118
BUSINESS PHONE: 4059481560
MAIL ADDRESS:
STREET 1: 1601 NW EXPRESSWAY
STREET 2: VALLIANCE BANK TOWER STE 1100
CITY: OKLAHOMA CITY
STATE: OK
ZIP: 73118
FORMER COMPANY:
FORMER CONFORMED NAME: PANHANDLE ROYALTY CO
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2020-09-24
0000315131
PANHANDLE OIL & GAS INC
PHX
0001666682
Edenbrook Capital, LLC
116 RADIO CIRCLE
SUITE 202
MOUNT KISCO
NY
10549
0
0
1
0
0001712127
Brolin Jonathan
116 RADIO CIRCLE
SUITE 202
MOUNT KISCO
NY
10549
0
0
1
0
Class A Common Stock
2610602
I
See footnotes
Put Option (Obligation to Buy)
1.50
2020-09-24
4
S
0
3500
0.25
D
2020-09-24
2021-06-18
Common Stock
350000
3500
I
See Footnotes
Put Option (Obligation to Buy)
4.00
2020-09-24
4
P
0
500
2.45
A
2020-03-13
2020-12-18
Common Stock
50000
0
I
See footnote
Put Option (Obligation to Buy)
6.00
2020-09-24
4
P
0
2000
4.48
A
2020-01-28
2020-12-18
Common Stock
200000
0
I
See Footnotes
Put Option (Obligation to Buy)
3.00
2020-09-24
4
P
0
1000
1.46
A
2020-03-13
2020-12-18
Common Stock
100000
0
I
See Footnotes
The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 for any other purpose.
Price shown equals per share option premium. Each contract represents 100 shares.
The private funds managed by Edenbrook Capital, LLC wrote 3,500 put option contracts expiring in June 2021 which provide that the private funds will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option.
The private funds managed by Edenbrook Capital, LLC bought to cover, and closed out, the previously disclosed put option contracts.
Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member
2020-09-25
/s/ Jonathan Brolin
2020-09-25