Statement of Changes in Beneficial Ownership (4)
May 19 2022 - 05:27PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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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
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1. Name
and Address of Reporting Person * Isaac Paul J |
2. Issuer Name and Ticker or Trading
Symbol Stereotaxis, Inc. [ STXS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
See Remarks |
(Last)
(First)
(Middle)
C/O ARBITER PARTNERS CAPITAL MANAGEMENT, LLC, 530 FIFTH
AVENUE, 20TH FLOOR |
3. Date of Earliest Transaction (MM/DD/YYYY)
5/16/2022
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(Street)
NEW YORK, NY 10036
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ 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 |
5/16/2022 |
|
P |
|
19238 |
A |
$1.82 |
2420941 |
I |
See Footnote (1) |
Common Stock |
5/16/2022 |
|
P |
|
9500 |
A |
$1.81 |
2430441 |
I |
See Footnote (1) |
Common Stock |
5/18/2022 |
|
P |
|
26287 |
A |
$1.82 |
2456728 |
I |
See Footnote (1) |
Common Stock |
|
|
|
|
|
|
|
26000 |
D |
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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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
Securities beneficially
owned by Arbiter Partners Capital Management LLC ("Arbiter").
Arbiter is a registered investment adviser that manages and/or
administers Arbiter Partners QP LP, an affiliated investment fund
(the "Fund") as well as certain managed accounts (the "Managed
Accounts"). Mr. Isaac controls Arbiter, as well as the Managed
Accounts. The securities reported as beneficially owned by Mr.
Isaac include the securities beneficially owned by the Fund and the
Managed Accounts. Mr. Isaac, Arbiter and the Fund have filed a
Statement on Schedule 13G with respect to the common stock of the
Issuer. Mr. Isaac disclaims beneficial ownership of these
securities for all purposes of Section 16 of the Securities
Exchange Act of 1934, as amended, except to the extent of his
pecuniary interest therein. |
Remarks:
Ross B. Levin, the Director of Research at Arbiter, serves on the
board of directors (the "Board") of the Issuer. Mr. Levin does not
serve on Board pursuant to any agreement between Arbiter and the
Issuer. Accordingly, this Form 4 is being filed as a matter of
caution, and without conceding that Mr. Isaac, Arbiter or the Fund
is an insider of the Issuer for purposes of Section 16 of the
Securities Exchange Act of 1934, as amended. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Isaac Paul J
C/O ARBITER PARTNERS CAPITAL MANAGEMENT
LLC, 530 FIFTH AVENUE, 20TH FLOOR
NEW YORK, NY 10036 |
X |
|
|
See Remarks |
Signatures
|
/s/ Paul J. Isaac |
|
5/19/2022 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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