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