FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ACM Value Opportunities Fund I, LP
2. Issuer Name and Ticker or Trading Symbol

Saker Aviation Services, Inc. [ SKAS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
See Footnote (1)
(Last)          (First)          (Middle)

C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET - 3RD FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

12/1/2020
(Street)

NEW YORK, NY 10011
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock         103848 I See Footnote (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $3.2400           12/1/2018 12/1/2022 Common Stock 3333  3333 I See Footnote (1)
Stock Option (Right to Buy) $2.4000           12/1/2019 12/1/2023 Common Stock 3333  3333 I See Footnote (1)
Stock Option (Right to Buy) $5.6000           12/5/2020 12/5/2024 Common Stock 3333  3333 I See Footnote (1)
Stock Option (Right to Buy) $2.58 12/1/2020  A   3333    12/1/2021 12/1/2025 Common Stock 3333 $0 (2)3333 I See Footnote (1)

Explanation of Responses:
(1) - ACM Value Opportunities Fund I, LP, a Delaware limited partnership (the "Fund") is the direct owner. ACM Value Opportunities Fund I GP, LLC, a Delaware limited liability company is the general partner of the Fund. Arvice Capital Management, LLC, a Delaware limited liability company (the "Manager") is the manager of the Fund. Mr. Marc Chodock is the managing member of the Manager.
(2) - This option was granted under the Issuer's 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ACM Value Opportunities Fund I, LP
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR
NEW YORK, NY 10011

X
See Footnote (1)
Arvice Capital Management, LLC
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR
NEW YORK, NY 10011

X
See Footnote (1)

Signatures
/s/ Ronald J. Ricciardi, Attorney-inFact for Marc Chodock, Managing Member of ACM Value Opportunities Fund I, LP12/4/2020
**Signature of Reporting PersonDate

/s/ Ronald J. Ricciardi, Attorney-in-Fact for Marc Chodock12/4/2020
**Signature of Reporting PersonDate

/s/ Ronald J. Ricciardi, Attorney-in-Fact for Marc Chodock, Managing Member of ACM Value Opportunities Fund I GP, LLC12/4/2020
**Signature of Reporting PersonDate

/s/ Ronald J. Ricciardi, Attorney-in-Fact for Marc Chodock, Managing Member of Arvice Capital Management, LLC12/4/2020
**Signature of Reporting PersonDate

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