UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.2)

_ Viveve Medical, Inc.
(Name of Issuer)


Common Stock, no par value
__________________________
(Title of Class of Securities)

92852W105
______________________________________________
(CUSIP Number)


December 31, 2016
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
£
Rule 13d-1(b)
Rule 13d-1(c)
£
Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



CUSIP NO. 92852W105
13G A2
 
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wexford Spectrum Investors LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  
(b)  
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
627,123
6
SHARED VOTING POWER
 
 
7
SOLE DISPOSITIVE POWER
 
627,123
8
SHARED DISPOSITIVE POWER
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
627,123
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAINSHARES
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
 
5.89%
12
TYPE OF REPORTING PERSON
 
OO








CUSIP NO. 92852W105
13G A2
 
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wexford Capital LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  
(b)  
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
627,123
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
627,123
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
627,123
.
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAINSHARES
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
 
5.89%
12
TYPE OF REPORTING PERSON
 
PN




CUSIP NO. 92852W105
13G A2
 
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wexford GP LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  
(b)  
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
627,123
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
627,123
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
627,123
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAINSHARES
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
 
5.89%
12
TYPE OF REPORTING PERSON
 
OO



CUSIP NO. 92852W105
13G A2
 
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles E. Davidson
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  
(b)  
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
627,123
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
627,123
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
627,123
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAINSHARES
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
 
5.89%
12
TYPE OF REPORTING PERSON
 
IN



CUSIP NO.  92852W105
13G A2
 
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph M. Jacobs
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  
(b)  
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
627,123
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
627,123
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
627,123
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAINSHARES
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
 
5.89%
12
TYPE OF REPORTING PERSON
 
IN


This Amendment No. 2 (this " Amendment ") modifies and supplements the 13G initially filed on May 20, 2015, as amended by Amendment No. 1 filed on February 16, 2016  (together, the " Statement "), with respect to the common stock, no par value per share (the " Common Stock "), of Viveve Medical, Inc., a Delaware corporation (the " Company "). Except to the extent supplemented by the information contained in this Amendment, the Statement, as amended as provided herein, remains in full force and effect. Capitalized terms used herein without definition have the respective meanings ascribed to them in the Statement.


Item 4 should be deleted in its entirety and replaced with the following: .

(a)

Item 4 .
Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. [Information set forth below is on the basis of 10,648,407 shares of common stock issued and outstanding as of November 10, 2016 as reported in the Company's Form 10Q filed with the Securities and Exchange Commission on November 10, 2016.]

(i) Wexford Spectrum Investors LLC
(a)
Amount beneficially owned: 627,123
(b)
Percent of class: 5.89%
(c)
Number of shares to which the person has: 627,123
(i)
Sole power to vote or to direct the vote: 0
(ii)
Shared power to vote or to direct the vote: 627,123
(iii)
Sole power to dispose or to direct the disposition of: 0
       (iv)
Shared power to dispose or to direct the disposition of:  627,123


(ii) Wexford Capital LP
(a)
Amount beneficially owned: 627,123
(b)
Percent of class: 5.89%
(c)
Number of shares to which the person has:
(i)
Sole power to vote or to direct the vote: 0
(ii)
Shared power to vote or to direct the vote: 627,123
(iii)
Sole power to dispose or to direct the disposition of: 0
(iv)
Shared power to dispose or to direct the disposition of: 627,123

(iii) Wexford GP LLC
(a)
Amount beneficially owned: 627,123
(b)
Percent of class: 5.89%
(c)
Number of shares to which the person has:
(i)
Sole power to vote or to direct the vote: 0
(ii)
Shared power to vote or to direct the vote: 627,123
(iii)
Sole power to dispose or to direct the disposition of: 0
(iv)
Shared power to dispose or to direct the disposition of: 627,123

(iv) Charles E. Davidson
(a)
Amount beneficially owned: 627,123
(b)
Percent of class: 5.89%
(c)
Number of shares to which the person has:
(i)
Sole power to vote or to direct the vote: 0
(ii)
Shared power to vote or to direct the vote: 627,123
(iii)
Sole power to dispose or to direct the disposition of: 0
(iv)
Shared power to dispose or to direct the disposition of: 627,123

(v) Joseph M. Jacobs
(a)
Amount beneficially owned: 627,123
(b)
Percent of class: 5.89%
(c)
Number of shares to which the person has:
(i)
Sole power to vote or to direct the vote: 0
(ii)
Shared power to vote or to direct the vote: 627,123
(iii)
Sole power to dispose or to direct the disposition of: 0
(iv)
Shared power to dispose or to direct the disposition of: 627,123

Wexford Capital LP (" Wexford Capital ") may, by reason of its status as manager of Wexford Spectrum Investors LLC (" WSI ), be deemed to own beneficially the securities of which WSI possesses beneficial ownership. Wexford GP LLC (" Wexford GP ") may, as the General Partner of Wexford Capital, be deemed to own beneficially the securities of which WSI possesses beneficial ownership. Each of Charles E. Davidson (" Davidson ") and Joseph M. Jacobs (" Jacobs ") may, by reason of his status as a controlling person of Wexford GP, be deemed to own beneficially the securities of which WSI possesses beneficial ownership. Each of Wexford Capital, Wexford GP, Davidson and Jacobs share the power to vote and to dispose of the securities beneficially owned by WSI.  Each of Wexford Capital, Wexford GP, Davidson and Jacobs disclaim beneficial ownership of the securities owned by WSI and this report shall not be deemed as an admission that they are the beneficial owners of such securities except, in the case of Davidson and Jacobs, to the extent of their respective interests in the members of WSI.




SIGNATURE


After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DATED: February 8, 2017

 
WEXFORD SPECTRUM INVESTORS LLC
 
       
 
By:
/s/ Arthur Amron
 
 
Nam  
Arthur Amron
 
 
Title: 
Vice President and Assistant Secretary
 
 
 
WEXFORD CAPITAL LP
 
 
By:
Wexford GP LLC, its General Partner
 
       
 
By:
/s/ Arthur Amron
 
 
Name
Arthur Amron
 
 
Title: 
Vice President and Assistant Secretary
 
       
 
WEXFORD GP LLC
 
       
 
By:
/s/ Arthur Amron
 
 
Name
Arthur Amron
 
 
Title: 
Vice President and Assistant Secretary
 
       
     
 
/s/ Joseph M. Jacobs
 
 
 JOSEPH M. JACOBS
 
     
       
 
/s/ Charles E. Davidson
 
 
 CHARLES E. DAVIDSON
 

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