Topline Capital Management, LLC - Dec 19, 2022 Form 3 Insider Report for Optex Systems Holdings Inc (OPXS)

Role
Other*
Signature
Topline Capital Management, LLC, By: Collin McBirney, its Managing Member
Stock symbol
OPXS
Transactions as of
Dec 19, 2022
Transactions value $
$0
Form type
3
Date filed
12/21/2022, 05:02 PM
Previous filing
Nov 14, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OPXS Common Stock 789K Dec 19, 2022 By Topline Capital Partners, LP F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting persons are (i) Topline Capital Management, LLC, and exempt reporting adviser ("Topline"), and (ii) Collin McBirney, Topline's managing member.
F2 Each reporting person may be deemed to beneficially own more than 10% of the issuer's outstanding shares of Common Stock. Each reporting person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any reporting person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
F3 788,663 shares of Common Stock reported in Table I on this Form 3 are beneficially owned by Topline Capital Partners, LP, Delaware limited partnership (the "Fund"). As a greater than 10% beneficial owner, the Fund is separately reporting its holdings in the issuer's securities on a Form 3 filed concurrently herewith. Topline, as the investment manager and general partner of the Fund, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by the Fund. Mr. McBirney, as the managing member of Topline, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by the Fund.