Amended Statement of Changes in Beneficial Ownership (4/a)
October 27 2020 - 3:17PM
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).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB Number:
3235-0287
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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
*
Aristides Capital LLC |
2. Issuer Name and Ticker or Trading Symbol
TORTOISE ENERGY INDEPENDENCE FUND, INC.
[
NDP
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
25 SOUTH HURON, SUITE 2A, |
3. Date of Earliest Transaction
(MM/DD/YYYY)
10/22/2020 |
(Street)
TOLEDO, OH 43604
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
10/26/2020 |
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
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X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 10/22/2020 | | P | | 2438 | A | $10.63 (3)(4) | 86941 | I | By: Aristides Fund QP, LP (1) |
Common Stock | 10/22/2020 | | P | | 4528 | A | $10.63 (3)(4) | 161461 | I | By: Aristides Fund LP (2) |
Common Stock | 10/23/2020 | | P | | 5217 | A | $10.75 (3)(5) | 92158 | I | By: Aristides Fund QP, LP (1) |
Common Stock | 10/23/2020 | | P | | 9689 | A | $10.75 (3)(5) | 171150 | I | By: Aristides Fund LP (2) |
Common Stock | 10/26/2020 | | P | | 5696 | A | $10.4 (3)(6) | 97854 | I | By: Aristides Fund QP, LP (1) |
Common Stock | 10/26/2020 | | P | | 10579 | A | $10.4 (3)(6) | 181729 | I | By: Aristides Fund LP (2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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) | Aristides Fund QP, LP (the "3c7 Fund") is a private investment vehicle. The 3c7 Fund directly owns these securities reported herein. Aristides Capital LLC (the "General Partner") is the general partner of the 3c7 Fund. Christopher M. Brown is the controlling person of the General Partner. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose. |
(2) | Aristides Fund LP (the "3c1 Fund") is a private investment vehicle. The 3c1 Fund directly owns these securities reported herein. The General Partner is the general partner of the 3c1 Fund. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose. |
(3) | All prices reported herein are exclusive of brokerage commissions. |
(4) | This price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.58 to $10.70, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the foregoing range. |
(5) | This price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.70 to $10.80, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the foregoing range. |
(6) | This price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.30 to $10.49, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the foregoing range. |
Remarks: This amendment to the Form 4 originally filed on October 26, 2020 (the "Original Form 4") is being filed to add Aristides Fund LP as a Reporting Person. Due to technical difficulties, we were unable to add Aristides Fund LP as a reporting person on the Original Form 4. The line items herein have not changed from the Original Form 4, but have been included in order to gain access to the EDGAR system, which will not accept filings without any line items. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Aristides Capital LLC 25 SOUTH HURON, SUITE 2A TOLEDO, OH 43604 |
| X |
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Aristides Fund QP, LP C/O ARISTIDES CAPITAL LLC 25 S. HURON STREET, SUITE 2A TOLEDO, OH 43604 |
| X |
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ARISTIDES FUND LP C/O ARISTIDES CAPITAL LLC 25 S. HURON STREET, SUITE 2A TOLEDO, OH 43604 |
| X |
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Brown Christopher M. C/O ARISTIDES CAPITAL LLC 25 SOUTH HURON, SUITE 2A TOLEDO, OH 43604 |
| X |
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Signatures
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/s/ Christopher M. Brown, for himself and as the Managing Member of the General Partner (for itself and on behalf of the 3c7 Fund and the 3c1 Fund) | | 10/27/2020 |
**Signature of Reporting Person | Date |
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