0001144204-17-040560.txt : 20170804
0001144204-17-040560.hdr.sgml : 20170804
20170804154614
ACCESSION NUMBER: 0001144204-17-040560
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170803
FILED AS OF DATE: 20170804
DATE AS OF CHANGE: 20170804
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hershey Strategic Capital, LP
CENTRAL INDEX KEY: 0001465476
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10647
FILM NUMBER: 171008465
BUSINESS ADDRESS:
STREET 1: C/O HERSHEY STRATEGIC CAPITAL GP, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
BUSINESS PHONE: (917) 562-2722
MAIL ADDRESS:
STREET 1: C/O HERSHEY STRATEGIC CAPITAL GP, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HERSHEY MANAGEMENT I, LLC.
CENTRAL INDEX KEY: 0001494208
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10647
FILM NUMBER: 171008464
BUSINESS ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-753-0804
MAIL ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HERSHEY STRATEGIC CAPITAL GP, LLC
CENTRAL INDEX KEY: 0001613737
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10647
FILM NUMBER: 171008463
BUSINESS ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 2125428201
MAIL ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRECISION OPTICS CORPORATION, INC.
CENTRAL INDEX KEY: 0000867840
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 042795294
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 22 EAST BROADWAY
CITY: GARDNER
STATE: MA
ZIP: 01440
BUSINESS PHONE: 978-630-1800
MAIL ADDRESS:
STREET 1: 22 EAST BROADWAY
CITY: GARDNER
STATE: MA
ZIP: 01440
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS Corp INC
DATE OF NAME CHANGE: 20111027
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS CORPORATION INC
DATE OF NAME CHANGE: 19930328
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS CORP INC
DATE OF NAME CHANGE: 19600201
4
1
v472336_4.xml
OWNERSHIP DOCUMENT
X0306
4
2017-08-03
0
0000867840
PRECISION OPTICS CORPORATION, INC.
PEYE
0001465476
Hershey Strategic Capital, LP
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001494208
HERSHEY MANAGEMENT I, LLC.
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001613737
HERSHEY STRATEGIC CAPITAL GP, LLC
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
Common Stock
1460980
I
See Footnote
Warrants
0.40
2017-08-03
4
J
0
62500
A
2017-10-02
2017-10-16
Common Stock
62500
62500
I
See Footnote
This Form 4 is being filed on behalf of Hershey Strategic Capital, LP, Hershey Management I, LLC and Hershey Strategic Capital GP, LLC. Hershey Strategic Capital, LP owns all of the 1,460,980 shares of Common Stock and 62,500 Warrants directly. Hershey Management I, LLC is the investment advisor of Hershey Strategic Capital, LP and disclaims beneficial ownership in such shares. Hershey Strategic Capital GP, LLC is the general partner of Hershey Strategic Capital, LP and disclaims beneficial ownership in such shares except to the extent of its pecuniary interest in such shares. As the investment advisor, Hershey Management I, LLC has the voting and dispositive power with respect to all of the 1,460,980 shares of Common Stock. Accordingly, the ownership form of the shares for Hershey Management I, LLC and Hershey Strategic Capital GP, LLC is indirect.
The exercise price of the warrant is subject to reduction in the event the Issuer fails to meet certain financial benchmarks during the fiscal year ended June 30, 2017.
The Warrants were acquired on November 22, 2016; however, pursuant to the terms of the Warrants, they are not exercisable until October 2, 2017. The Reporting Persons are filing this Form 4 at this time because the Warrants became exercisable within 60 days on August 3, 2017.
The Warrants were acquired as part of a Unit. Each Unit consisted on one share of Common Stock and a Warrant to acquire one-half share of Common Stock. The price of each Unit was $.60
/s/ Adam Hershey, Authorized Signatory
2017-08-03