If the filing person has previously filed a statement
on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
☑
.
CUSIP No.
|
206710402
|
13D/A16
|
Page 2 of 7
|
1
|
NAME OF REPORTING PERSON
|
Julian Singer
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
☐
|
|
|
(b)
|
☐
|
3
|
SEC USE ONLY
|
4
|
_______________
SOURCE OF FUNDS*
|
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2I
|
☐
|
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
2,191,681
|
8
|
SHARED VOTING POWER
|
0
|
9
|
SOLE DISPOSITIVE POWER
|
2,191,681
|
10
|
SHARED DISPOSITIVE POWER
|
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
2,191,681
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
☐
|
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
22.2 %
|
14
|
TYPE OF REPORTING PERSON
*
|
IN
|
|
|
|
|
|
|
|
CUSIP No.
|
206710402
|
13D/A16
|
Page 3 of 7
|
1
|
NAME OF REPORTING PERSON
|
JDS1, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
☐
|
|
|
(b)
|
☐
|
3
|
SEC USE ONLY
|
4
|
_______________
SOURCE OF FUNDS*
|
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2I
|
☐
|
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
2,191,681
|
8
|
SHARED VOTING POWER
|
0
|
9
|
SOLE DISPOSITIVE POWER
|
2,191,681
|
10
|
SHARED DISPOSITIVE POWER
|
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
2,191,681
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
☐
|
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
22.2%
|
14
|
TYPE OF REPORTING PERSON
*
|
OO
|
|
|
|
|
|
|
|
SCHEDULE 13D/A16
This constitutes Amendment No.
16 (the “
Amendment No. 16
”) to the statement on Schedule 13D filed on behalf of Julian Singer, dated and filed
February 16, 2016 (as amended, the “
Statement
”), relating to the common stock, $0.01 par value per share (the
“
Common Stock
”), of Concurrent Computer Corporation (the “
Issuer
”). Unless specifically amended
or modified hereby, the disclosure set forth in the Statement shall remain unchanged.
|
Item 4.
|
Purpose of the Transaction
|
Item 4 of the Statement
is hereby amended to add the following:
The purpose of this filing is to
report that as of January 24, 2018, the Reporting Person had acquired an additional one percent (1%) of the outstanding shares
of the Issuer’s Common Stock since filing Amendment No. 15 to the Statement on February 2, 2018 (“Amendment No. 15”).
Except as described above in this
Item 4 and herein, Mr. Singer does not currently have any specific plans or proposals that relate to or would result in any of
the actions or events specified in clauses (a) through (j) of Item 4 of Schedule 13D. Mr. Singer reserves the right to change plans
and take any and all actions that Mr. Singer may deem appropriate to maximize the value of his investments, including, among other
things, purchasing or otherwise acquiring additional securities of the Issuer, selling or otherwise disposing of any securities
of the Issuer beneficially owned by him, in each case in the open market or in privately negotiated transactions, or formulating
other plans or proposals regarding the Issuer or its securities to the extent deemed advisable by Mr. Singer in light of his general
investment policies, market conditions, subsequent developments affecting the Issuer and the general business and future prospects
of the Issuer. Mr. Singer may take any other action with respect to the Issuer or any of the Issuer’s debt or equity securities
in any manner permitted by applicable law.
|
Item 5.
|
Interest in Securities of the Issuer
|
Item 5 of the Statement is hereby
amended and restated as follows:
The aggregate percentage of shares of Common Stock reported owned is based upon 9,880,038 shares of Common
Stock reported as outstanding on February 9, 2018 in the Issuer’s Form 10-Q filed on February 14, 2018.
A. JDS1, LLC
(a) As
of the date hereof, JDS1 beneficially owns
2,191,681
shares of Common
Stock, which shares are held directly by JDS1.
Percentage: Approximately
22.2%
(b) 1. Sole power to vote
or direct vote:
2,191,681
[2]
2. Shared power to vote
or direct vote: 0
_____________________
[2]
See
FN 2.
3. Sole power to dispose
or direct the disposition:
2,191,681
[3]
4. Shared power to dispose
or direct the disposition: 0
(c) The following table
details the transactions effected by JDS1 since the filing of Amendment No. 15:
Date of Transaction
|
Number of Put Options Disposed
[4]
|
Price Per Share
|
02/06/2018
|
48,000
|
$ 5.00
|
Date of Transaction
|
Number of Shares Purchased
|
Price Per Share
|
02/08/2018
|
156,444
|
$ 5.3595
|
02/09/2018
|
2,100
|
$ 5.25
|
02/12/2018
|
3,282
|
$ 5.3697
|
02/13/2018
|
803
|
$ 5.42
|
B. Mr. Singer
(a) As
of the date hereof, Mr. Singer, as the managing member of JDS1, beneficially owns
2,191,681
shares of Common Stock held by JDS1.
Percentage: Approximately
22.2%
(b) 1. Sole power to vote
or direct vote:
2,191,681
2. Shared power to vote
or direct vote: 0
3. Sole power to dispose
or direct the disposition:
2,191,681
4. Shared power to dispose
or direct the disposition: 0
(c) The following table
details the transactions effected by Mr. Singer since the filing of Amendment No. 15:
Date of Transaction
|
Number of Put Options Disposed
[5]
|
Price Per Share
|
02/06/2018
|
48,000
|
$ 5.00
|
_____________________
[3]
See
FN 3.
[4]
The number of Put Options reflected is expressed in the number of underlying Shares subject to such option
[5]
The number of Put Options reflected is expressed in the number of underlying Shares subject to such option
Date of Transaction
|
Number of Shares Purchased
|
Price Per Share
|
02/08/2018
|
156,444
|
$ 5.3595
|
02/09/2018
|
2,100
|
$ 5.25
|
02/12/2018
|
3,282
|
$ 5.3697
|
02/13/2018
|
803
|
$ 5.42
|
As of the date hereof, the
Reporting Person beneficially owns an aggregate of
2,191,681
shares
of Common Stock, constituting approximately 22.2% of the Shares outstanding.
(d) No
person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from,
or proceeds from the sale of, the shares of Common Stock.
(e) Not
applicable.
|
Item 6.
|
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the
Issuer
.
|
Item 6 of the Statement is hereby
amended to add the following:
JDS1 is a party to the Voting Agreement.
JDS1 is a party to the following put options (the “
Options
”)
with respect to the Shares. With respect to each of the Options, the counterparty to the Option has, until the relevant expiration
date, the exclusive right to cause JDS1 to purchase the underlying Shares at the relevant exercise price.
Number of Underlying Shares
|
Exercise Price
|
Expiration Date
|
34,100
|
$7.50
|
3/16/18
|
300
|
$7.50
|
3/16/18
|
42,300
|
$7.50
|
3/16/18
|
393,900
|
$5.00
|
3/16/18
|
5,000
|
$5.00
|
6/15/18
|
30,000
|
$7.50
|
6/15/18
|
10,000
|
$7.50
|
6/15/18
|
20,000
|
$7.50
|
6/15/18
|
14,000
|
$7.50
|
6/15/18
|
The Reporting Person does not have
any contract, arrangement, understanding or relationship (legal or otherwise) with any other person with respect to the securities
of the Issuer other than the Voting Agreement and the Options.
After reasonable inquiry and to
the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: February 14, 2018
JDS1, LLC
By:
/s/ Julian Singer
Name: Julian Singer
Title: Managing Member