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COMSTOCK RESOURCES INC Major Shareholding Notification 2017

Jan 14, 2017

30925_mrq_2017-01-17_875b7625-f1d6-44d2-8790-50eb1ef2fbac.zip

Major Shareholding Notification

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SC 13D/A 1 a17-2498_1sc13da.htm SC 13D/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D

*Under the Securities Exchange Act of 1934 (Amendment No. 11)**

*Comstock Resources, Inc.*

(Name of Issuer)

*Common Stock, par value $0.50 per share*

(Title of Class of Securities)

*205768203*

(CUSIP Number)

*Carl H. Westcott*

*100 Crescent Court, Suite 1620*

*Dallas, TX 75201*

*214-777-5003*

*with a copy to:*

*Crews Lott*

*Baker & McKenzie LLP*

*2300 Trammell Crow Center*

*2001 Ross Avenue*

*Dallas, TX 75201*

*214-978-3000*

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

*January 11, 2017*

(Date of Event Which Requires Filing of this Statement)

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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

*Note* : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

  • The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SEQ.=1,FOLIO='',FILE='C:\JMS\105569\17-2498-1\task8233003\2498-1-ba.htm',USER='105569',CD='Jan 14 04:12 2017'

CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). Carl H. Westcott
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds PF
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization United States of America
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 785,500 (1)
8. Shared Voting Power 320,500 (1)
9. Sole Dispositive Power 785,500 (1)
10. Shared Dispositive Power 356,800 (1) (2)
11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,141,800 (1) (2)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 8.49% (3)
14. Type of Reporting Person IN
(1) Carl H. Westcott directly holds 785,000 shares of common stock, par value $0.50 per share (the “Common Stock”), of Comstock Resources, Inc., a Nevada corporation (the “Issuer”). Additionally, Mr. Westcott exercises shared voting and disposition power over 320,500 shares of Common Stock with Court H. Westcott as managers of Carl Westcott, LLC, the general partner of each of Commodore Partners, Ltd. (“Commodore Partners”), which directly owns 300,500 shares of Common Stock, and G.K. Westcott LP (“GK Westcott”), which directly owns 20,000 shares of Common Stock.
(2) Carl H. Westcott has shared discretionary authority to purchase and dispose of shares of Common Stock under various accounts for the benefit of the following persons, who directly hold the following amounts of shares of Common Stock: Court H. Westcott, 5,000 shares; Carla Westcott, 17,000 shares; Peter Underwood, 11,250 shares; Francisco Trejo, Jr., 2,050 shares; and Rosie Greene, 1,000 shares. Carl H. Westcott does not exercise any voting power over any such shares of Common Stock owned by the aforementioned individuals and expressly disclaims beneficial ownership of such shares.
(3) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

2

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CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). Commodore Partners, Ltd. 03-0476201
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds WC
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization Texas
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 300,500 (1)
8. Shared Voting Power 0
9. Sole Dispositive Power 300,500 (1)
10. Shared Dispositive Power 0
11. Aggregate Amount Beneficially Owned by Each Reporting Person 300,500 (1)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 2.23% (2)
14. Type of Reporting Person PN
(1) Carl H. Westcott and Court H. Westcott exercise shared voting and disposition power over the 300,500 shares of Common Stock as the managers of Carl Westcott, LLC, the general partner of Commodore Partners.
(2) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

3

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CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). G.K. Westcott LP 20-2443941
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds WC
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization Texas
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 20,000 (1)
8. Shared Voting Power 0
9. Sole Dispositive Power 20,000 (1)
10. Shared Dispositive Power 0
11. Aggregate Amount Beneficially Owned by Each Reporting Person 20,000 (1)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 0.15% (2)
14. Type of Reporting Person PN
(1) Carl H. Westcott and Court H. Westcott exercise shared voting and disposition power over the 20,000 shares of Common Stock as the managers of Carl Westcott, LLC, the general partner of GK Westcott.
(2) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

4

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CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). Carl Westcott, LLC 75-2655092
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds AF
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization Texas
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 320,500 (1)
8. Shared Voting Power 0
9. Sole Dispositive Power 320,500 (1)
10. Shared Dispositive Power 0
11. Aggregate Amount Beneficially Owned by Each Reporting Person 320,500 (1)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 2.38% (2)
14. Type of Reporting Person HC
(1) Carl H. Westcott and Court H. Westcott exercise shared voting and disposition power over the 320,500 shares of Common Stock as the managers of Carl Westcott, LLC, the general partner of each of Commodore Partners, which directly owns 300,500 shares of Common Stock, and GK Westcott, which directly owns 20,000 shares of Common Stock.
(2) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

5

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CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). Court H. Westcott
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds PF
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization United States of America
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 5,000 (1)
8. Shared Voting Power 320,500 (2)
9. Sole Dispositive Power 0 (1)
10. Shared Dispositive Power 325,500 (1) (2)
11. Aggregate Amount Beneficially Owned by Each Reporting Person 325,500 (1) (2)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 2.42% (3)
14. Type of Reporting Person IN
(1) Consists of 5,000 shares of Common Stock held of record by Court H. Westcott, Trustee of the Court H. Westcott Living Trust. Carl H. Westcott has shared discretionary authority to purchase and dispose of those shares of Common Stock for the benefit of such reporting person, but does not exercise any voting power with respect to such shares. Carl H. Westcott expressly disclaims beneficial ownership of any such shares of Common Stock.
(2) Carl H. Westcott and Court H. Westcott exercise shared voting and disposition power over 320,500 shares of Common Stock as the managers of Carl Westcott, LLC, the general partner of each of Commodore Partners, which directly owns 300,500 shares of Common Stock, and GK Westcott, which directly owns 20,000 shares of Common Stock.
(3) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

6

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CUSIP No. 205768203 — 1. Names of Reporting Persons. I.R.S. Identification nos. of above Persons (Entities Only). Carla Westcott
2. Check the Appropriate Box if a Member of a Group
(a) o
(b) o
3. SEC Use Only
4. Source of Funds PF
5. Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o
6. Citizenship or Place of Organization United States of America
Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 17,000 (1)
8. Shared Voting Power 0 (1)
9. Sole Dispositive Power 0 (1)
10. Shared Dispositive Power 17,000 (1)
11. Aggregate Amount Beneficially Owned by Each Reporting Person 17,000 (1)
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares o
13. Percent of Class Represented by Amount in Row (11) 0.13% (2)
14. Type of Reporting Person IN
(1) Carla Westcott directly holds 17,000 shares of Common Stock. Carl H. Westcott has shared discretionary authority to purchase and dispose of those shares of Common Stock for the benefit of such reporting person, but does not exercise any voting power with respect to such shares. Carl H. Westcott expressly disclaims beneficial ownership of any such shares of Common Stock.
(2) The percentage ownership is based on 13,455,559 shares of Common Stock outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed on November 9, 2016. The number of shares beneficially owned also reflects a 1-for-5 reverse stock split effected by the Issuer on August 1, 2016.

7

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*Item 1. Security and Issuer*

This Amendment No. 11 to Schedule 13D (“ Amendment No. 11 ”) amends and supplements the original Schedule 13D filed on June 11, 2015 (as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, and Amendment No. 6, the “ Schedule 13D ”), Amendment No. 1 to Schedule 13D filed on June 30, 2015 (“ Amendment No. 1 ”), Amendment No. 2 to Schedule 13D filed on July 6, 2015 (“ Amendment No. 2 ”), Amendment No. 3 to Schedule 13D filed on July 20, 2015 (“ Amendment No. 3 ”), Amendment No. 4 to Schedule 13D filed on August 10, 2015 (“ Amendment No. 4 ”), Amendment No. 5 to Schedule 13D filed on May 25, 2016 (“ Amendment No. 5 ”), Amendment No. 6 to Schedule 13D filed on September 6, 2016 (“ Amendment No. 6 ”), Amendment No. 7 to Schedule 13D filed on September 21, 2016 (“ Amendment No. 7 ”), Amendment No. 8 to Schedule 13D filed on December 5, 2016 (“ Amendment No. 8 ”), Amendment No. 9 to Schedule 13D filed on December 16, 2016 (“ Amendment No. 9 ”) and Amendment No. 10 to Schedule 13D filed on January 3, 2017 (“ Amendment No. 10 ”). This Amendment No. 11 is filed jointly on behalf of Carl H. Westcott, Commodore Partners, Ltd., G.K. Westcott LP, Carl Westcott, LLC, Court H. Westcott, and Carla Westcott (the “ Reporting Persons ”) relating to their beneficial ownership of the common stock, par value $0.50 per share (the “ Common Stock ”) of Comstock Resources, Inc., a Nevada corporation (the “ Issuer ”), whose principal executive offices are located at 5300 Town and Country Blvd., Suite 500, Frisco, Texas 75034. On August 1, 2016, the Issuer effected a 1-for-5 reverse stock split (the “ Reverse Split ”).

This Amendment No. 11 is filed pursuant to Rules 13d-1 and 13d-5 under the Securities Exchange Act of 1934, as amended, to reflect a change aggregating more than one percent (1%) in the beneficial ownership of the outstanding Common Stock in which Carl H. Westcott may be deemed to have a beneficial interest. Unless otherwise indicated, all capitalized terms used herein but not defined shall have the same meanings as set forth in the Schedule 13D.

*Item 2. Identity and Background*

*Item 3. Source and Amount of Funds or Other Consideration*

The information set forth or incorporated in Items 4 and 6 hereof are incorporated herein by reference.

With respect to each Reporting Person that is a natural person, the shares of Common Stock were acquired with the personal funds of such Reporting Person. The shares of Common Stock held by Commodore Partners, of which Carl Westcott, LLC is the sole general partner, were acquired with funds held by Commodore Partners for the general purpose of investing. The shares of Common Stock held by GK Westcott, of which Carl Westcott, LLC is the sole general partner, were acquired with funds held by GK Westcott for the general purpose of investing.

*Item 4. Purpose of Transaction*

This Item is being amended and supplemented to add the following:

The information set forth or incorporated in Items 3 and 6 hereof are incorporated herein by reference.

After accounting for all purchases of Common Stock of the Reporting Persons since the filing of Amendment No. 10 (the period of December 31, 2016 through January 12, 2017), a net 172,950 shares of Common Stock were sold by Carl H. Westcott during such period on his own behalf and on behalf of certain other Reporting Persons for an aggregate price of approximately $1,774,686.

8

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*Item 5. Interest in Securities of the Issuer.*

This Item is being amended and supplemented to add the following:

(b) The responses in rows 7, 8, 9 and 10 of the cover pages of this Statement are hereby incorporated by reference. Each of Court H. Westcott and Carla Westcott directly holds 5,000 and 17,000 shares of Common Stock, respectively, over which Carl H. Westcott shares dispositive power, but not voting power, pursuant to trading authorizations. Additionally, Carl H. Westcott shares dispositive power, but not voting power, pursuant to trading authorizations, of 11,250, 2,050, and 1,000 shares of Common Stock held by Peter Underwood, Francisco Trejo, Jr., and Rosie Greene, respectively. Commodore Partners holds 300,500 shares of Common Stock, over which Carl H. Westcott holds shared voting and dispositive power with Court H. Westcott as the managers of Carl Westcott, LLC, the sole general partner of Commodore Partners. GK Westcott holds 20,000 shares of Common Stock, over which Carl H. Westcott holds shared voting and dispositive power with Court H. Westcott as the managers of Carl Westcott, LLC, the sole general partner of GK Westcott.

(c) After accounting for all purchases of Common Stock of the Reporting Persons during the period of December 31, 2016 through January 12, 2017, a net 172,950 shares of Common Stock were sold by Carl H. Westcott on his own behalf and on behalf of the other Reporting Persons for an aggregate price of approximately $1,774,686. All such sales were made on the dates and at the prices set forth below. All purchases and sales listed below were affected in ordinary open market transactions.

Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carl H. Westcott 1/3/2017 1,000 9.71
Carl H. Westcott 1/3/2017 1,000 9.70
Carl H. Westcott 1/3/2017 1,000 9.68
Carl H. Westcott 1/3/2017 1,000 9.65
Carl H. Westcott 1/3/2017 5,000 9.48
Carl H. Westcott 1/3/2017 (2,800 ) 9.55
Carl H. Westcott 1/4/2017 (200 ) 9.51
Carl H. Westcott 1/4/2017 (1,000 ) 9.56
Carl H. Westcott 1/4/2017 (2,500 ) 9.55
Carl H. Westcott 1/4/2017 (5,000 ) 9.59
Carl H. Westcott 1/4/2017 1,000 9.57
Carl H. Westcott 1/4/2017 500 9.69
Carl H. Westcott 1/4/2017 500 9.68
Carl H. Westcott 1/4/2017 500 9.66
Carl H. Westcott 1/4/2017 (100 ) 9.76
Carl H. Westcott 1/4/2017 (1,900 ) 9.83
Carl H. Westcott 1/4/2017 (5,000 ) 9.85
Carl H. Westcott 1/4/2017 (1 ) 9.90
Carl H. Westcott 1/4/2017 (4,999 ) 9.88
Carl H. Westcott 1/4/2017 (5,000 ) 9.95
Carl H. Westcott 1/4/2017 (4,000 ) 9.98
Carl H. Westcott 1/4/2017 (2,500 ) 10.00
Carl H. Westcott 1/4/2017 (5,000 ) 10.11
Carl H. Westcott 1/4/2017 (200 ) 10.13
Carl H. Westcott 1/4/2017 (901 ) 10.16
Carl H. Westcott 1/4/2017 (3,899 ) 10.16
Carl H. Westcott 1/4/2017 (5,000 ) 10.16
Carl H. Westcott 1/4/2017 (5,000 ) 10.18
Carl H. Westcott 1/4/2017 (5,000 ) 10.23

9

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Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carl H. Westcott 1/4/2017 (5,000 ) 10.25
Carl H. Westcott 1/4/2017 (700 ) 10.24
Carl H. Westcott 1/4/2017 (2,000 ) 10.25
Carl H. Westcott 1/4/2017 (5,000 ) 10.27
Carl H. Westcott 1/4/2017 (1,300 ) 10.27
Carl H. Westcott 1/4/2017 (3,500 ) 10.30
Carl H. Westcott 1/4/2017 (5,000 ) 10.40
Carl H. Westcott 1/4/2017 (200 ) 10.39
Carl H. Westcott 1/4/2017 (1,800 ) 10.41
Carl H. Westcott 1/4/2017 (600 ) 10.41
Carl H. Westcott 1/4/2017 (1,200 ) 10.42
Carl H. Westcott 1/4/2017 (381 ) 10.42
Carl H. Westcott 1/5/2017 (1,000 ) 10.42
Carl H. Westcott 1/5/2017 (1,000 ) 10.44
Carl H. Westcott 1/5/2017 (1,000 ) 10.46
Carl H. Westcott 1/5/2017 (1,000 ) 10.55
Carl H. Westcott 1/5/2017 (2,500 ) 10.56
Carl H. Westcott 1/5/2017 (1,000 ) 10.62
Carl H. Westcott 1/5/2017 800 10.56
Carl H. Westcott 1/5/2017 200 10.53
Carl H. Westcott 1/5/2017 1,000 10.58
Carl H. Westcott 1/5/2017 1,000 10.55
Carl H. Westcott 1/5/2017 2,500 10.56
Carl H. Westcott 1/5/2017 2,500 10.56
Carl H. Westcott 1/5/2017 (2,500 ) 10.60
Carl H. Westcott 1/5/2017 (2,289 ) 10.65
Carl H. Westcott 1/5/2017 (2,500 ) 10.65
Carl H. Westcott 1/5/2017 (2,500 ) 10.67
Carl H. Westcott 1/5/2017 (2,500 ) 10.67
Carl H. Westcott 1/5/2017 1,000 10.56
Carl H. Westcott 1/5/2017 2,000 10.55
Carl H. Westcott 1/5/2017 2,000 10.53
Carl H. Westcott 1/5/2017 2,000 10.50
Carl H. Westcott 1/5/2017 2,000 10.50
Carl H. Westcott 1/5/2017 2,000 10.55
Carl H. Westcott 1/5/2017 249 10.49
Carl H. Westcott 1/5/2017 2,000 10.49
Carl H. Westcott 1/5/2017 2,000 10.45
Carl H. Westcott 1/5/2017 2,000 10.47
Carl H. Westcott 1/5/2017 3,640 10.47
Carl H. Westcott 1/5/2017 1,300 10.47
Carl H. Westcott 1/5/2017 60 10.46
Carl H. Westcott 1/5/2017 5,000 10.47
Carl H. Westcott 1/5/2017 1,000 10.44

10

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Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carl H. Westcott 1/5/2017 (5,000 ) 10.51
Carl H. Westcott 1/5/2017 (1,608 ) 10.52
Carl H. Westcott 1/5/2017 (3,867 ) 10.51
Carl H. Westcott 1/5/2017 500 10.51
Carl H. Westcott 1/5/2017 1,000 10.48
Carl H. Westcott 1/5/2017 1,800 10.49
Carl H. Westcott 1/5/2017 200 10.48
Carl H. Westcott 1/5/2017 3,600 10.49
Carl H. Westcott 1/5/2017 1,200 10.49
Carl H. Westcott 1/5/2017 200 10.48
Carl H. Westcott 1/5/2017 1,000 10.49
Carl H. Westcott 1/5/2017 5,000 10.49
Carl H. Westcott 1/5/2017 2,000 10.50
Carl H. Westcott 1/5/2017 1,000 10.49
Carl H. Westcott 1/6/2017 1,000 10.47
Carl H. Westcott 1/6/2017 (5,000 ) 10.54
Carl H. Westcott 1/6/2017 (2,000 ) 10.56
Carl H. Westcott 1/6/2017 (10,000 ) 10.60
Carl H. Westcott 1/6/2017 (5,000 ) 10.61
Carl H. Westcott 1/6/2017 1,000 10.49
Carl H. Westcott 1/6/2017 100 10.57
Carl H. Westcott 1/6/2017 118 10.48
Carl H. Westcott 1/6/2017 100 10.48
Carl H. Westcott 1/6/2017 682 10.57
Carl H. Westcott 1/6/2017 1,000 10.51
Carl H. Westcott 1/6/2017 1,000 10.51
Carl H. Westcott 1/6/2017 2,000 10.49
Carl H. Westcott 1/6/2017 1,000 10.49
Carl H. Westcott 1/6/2017 1,000 10.48
Carl H. Westcott 1/6/2017 1,000 10.49
Carl H. Westcott 1/6/2017 (5,304 ) 10.51
Carl H. Westcott 1/6/2017 (2,500 ) 10.50
Carl H. Westcott 1/6/2017 (4,500 ) 10.52
Carl H. Westcott 1/6/2017 (5,000 ) 10.54
Carl H. Westcott 1/6/2017 (1,100 ) 10.55
Carl H. Westcott 1/9/2017 2,000 9.93
Carl H. Westcott 1/9/2017 1,700 10.00
Carl H. Westcott 1/9/2017 300 9.99
Carl H. Westcott 1/9/2017 100 9.96
Carl H. Westcott 1/9/2017 2,000 10.00
Carl H. Westcott 1/9/2017 2,501 9.90
Carl H. Westcott 1/9/2017 (2,000 ) 10.08
Carl H. Westcott 1/9/2017 (2,000 ) 10.11
Carl H. Westcott 1/9/2017 (5,000 ) 10.11

11

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Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carl H. Westcott 1/9/2017 (2,000 ) 10.14
Carl H. Westcott 1/9/2017 300 10.09
Carl H. Westcott 1/9/2017 700 10.06
Carl H. Westcott 1/9/2017 200 10.11
Carl H. Westcott 1/9/2017 800 10.06
Carl H. Westcott 1/9/2017 1,000 10.07
Carl H. Westcott 1/9/2017 (3,000 ) 10.16
Carl H. Westcott 1/10/2017 (1,000 ) 10.35
Carl H. Westcott 1/10/2017 1,000 10.05
Carl H. Westcott 1/10/2017 5,000 9.99
Carl H. Westcott 1/10/2017 700 10.01
Carl H. Westcott 1/10/2017 200 10.00
Carl H. Westcott 1/10/2017 100 10.03
Carl H. Westcott 1/10/2017 1,000 10.03
Carl H. Westcott 1/10/2017 5,000 9.97
Carl H. Westcott 1/10/2017 5,000 9.97
Carl H. Westcott 1/10/2017 1,800 10.15
Carl H. Westcott 1/10/2017 1,000 10.17
Carl H. Westcott 1/10/2017 1,000 10.04
Carl H. Westcott 1/10/2017 800 10.04
Carl H. Westcott 1/10/2017 200 10.02
Carl H. Westcott 1/10/2017 1,000 10.04
Carl H. Westcott 1/10/2017 500 10.04
Carl H. Westcott 1/10/2017 (2,000 ) 10.07
Carl H. Westcott 1/10/2017 (2,500 ) 10.08
Carl H. Westcott 1/10/2017 (2,500 ) 10.10
Carl H. Westcott 1/10/2017 (5,000 ) 10.16
Carl H. Westcott 1/10/2017 99 10.13
Carl H. Westcott 1/10/2017 200 10.03
Carl H. Westcott 1/10/2017 400 10.07
Carl H. Westcott 1/10/2017 (2,500 ) 10.10
Carl H. Westcott 1/10/2017 (2,500 ) 10.11
Carl H. Westcott 1/10/2017 (500 ) 10.10
Carl H. Westcott 1/11/2017 (15,000 ) 10.18
Carl H. Westcott 1/11/2017 508 10.11
Carl H. Westcott 1/11/2017 (5,000 ) 10.20
Carl H. Westcott 1/11/2017 (100 ) 10.15
Carl H. Westcott 1/11/2017 (4,900 ) 10.22
Carl H. Westcott 1/11/2017 (5,000 ) 10.25
Carl H. Westcott 1/11/2017 (5,000 ) 10.30
Carl H. Westcott 1/11/2017 (5,088 ) 10.32
Carl H. Westcott 1/11/2017 (2,000 ) 10.30
Carl H. Westcott 1/11/2017 (208 ) 10.27
Carl H. Westcott 1/11/2017 (10,000 ) 10.34

12

SEQ.=1,FOLIO='12',FILE='C:\JMS\109503\17-2498-1\task8232935\2498-1-bi.htm',USER='109503',CD='Jan 14 03:17 2017'

Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carl H. Westcott 1/11/2017 (2,000 ) 10.33
Carl H. Westcott 1/11/2017 1,800 10.19
Carl H. Westcott 1/11/2017 200 10.19
Carl H. Westcott 1/12/2017 (1,900 ) 10.25
Carl H. Westcott 1/12/2017 (100 ) 10.25
Carl H. Westcott 1/12/2017 (500 ) 10.25
Carl H. Westcott 1/12/2017 1,000 10.16
Carl H. Westcott 1/12/2017 1,000 10.14
Carl H. Westcott 1/12/2017 500 10.11
Carl H. Westcott 1/12/2017 500 10.15
Carl H. Westcott 1/12/2017 100 10.14
Carl H. Westcott 1/12/2017 100 10.14
Carl H. Westcott 1/12/2017 100 10.14
Carl H. Westcott 1/12/2017 100 10.14
Carl H. Westcott 1/12/2017 100 10.19
Carl H. Westcott 1/12/2017 888 10.13
Carl H. Westcott 1/12/2017 62 10.13
Carl H. Westcott 1/12/2017 50 10.27
Carl H. Westcott 1/12/2017 500 10.15
Carl H. Westcott 1/12/2017 400 10.12
Carl H. Westcott 1/12/2017 100 10.19
Carl H. Westcott 1/12/2017 500 10.12
Carl H. Westcott 1/12/2017 500 10.11
Carl H. Westcott 1/12/2017 500 10.15
Carl H. Westcott 1/12/2017 500 10.08
Carl H. Westcott 1/12/2017 100 10.13
Carl H. Westcott 1/12/2017 900 10.06
Carl H. Westcott 1/12/2017 776 10.04
Carl H. Westcott 1/12/2017 124 10.04
Carl H. Westcott 1/12/2017 100 10.11
Carl H. Westcott 1/12/2017 (3,212 ) 10.11
Carl H. Westcott 1/12/2017 (100 ) 10.04
Carl H. Westcott 1/12/2017 (2,200 ) 10.10
Carl H. Westcott 1/12/2017 (100 ) 10.10
Carl H. Westcott 1/12/2017 (200 ) 10.06
Carl H. Westcott 1/12/2017 (100 ) 10.11
Carl H. Westcott 1/12/2017 (1,572 ) 10.11
Carl H. Westcott 1/12/2017 (100 ) 10.11
Carl H. Westcott 1/12/2017 (628 ) 10.11
Commodore Partners 1/3/2017 2,000 9.65
Commodore Partners 1/3/2017 550 9.59
Commodore Partners 1/3/2017 2,500 9.62
Commodore Partners 1/4/2017 (2,500 ) 9.85
Commodore Partners 1/4/2017 (2,500 ) 9.86

13

SEQ.=1,FOLIO='13',FILE='C:\JMS\109503\17-2498-1\task8232935\2498-1-bi.htm',USER='109503',CD='Jan 14 03:17 2017'

Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Commodore Partners 1/4/2017 (2,450 ) 10.02
Commodore Partners 1/4/2017 (2,500 ) 10.03
Commodore Partners 1/4/2017 (2,500 ) 10.14
Commodore Partners 1/4/2017 (2,500 ) 10.18
Commodore Partners 1/4/2017 (5,000 ) 10.20
Commodore Partners 1/4/2017 (100 ) 10.21
Commodore Partners 1/4/2017 (4,900 ) 10.25
Commodore Partners 1/4/2017 (5,000 ) 10.23
Commodore Partners 1/4/2017 (5,000 ) 10.29
Commodore Partners 1/4/2017 (5,051 ) 10.31
Commodore Partners 1/4/2017 (2,400 ) 10.39
Commodore Partners 1/4/2017 (300 ) 10.38
Commodore Partners 1/4/2017 (2,299 ) 10.38
Commodore Partners 1/4/2017 (5,000 ) 10.41
Commodore Partners 1/5/2017 (5,000 ) 10.42
Commodore Partners 1/5/2017 (5,000 ) 10.60
Commodore Partners 1/5/2017 2,500 10.44
Commodore Partners 1/5/2017 2,000 10.44
Commodore Partners 1/5/2017 5,000 10.44
Commodore Partners 1/5/2017 2,200 10.45
Commodore Partners 1/5/2017 2,800 10.45
Commodore Partners 1/5/2017 1,600 10.45
Commodore Partners 1/5/2017 3,400 10.45
Commodore Partners 1/6/2017 500 10.50
Commodore Partners 1/9/2017 (150 ) 10.53
Commodore Partners 1/9/2017 150 10.18
Commodore Partners 1/10/2017 2,500 10.00
Commodore Partners 1/11/2017 1,000 10.11
Commodore Partners 1/12/2017 1,500 10.01
Commodore Partners 1/12/2017 500 10.05
Commodore Partners 1/12/2017 100 10.04
Commodore Partners 1/12/2017 1,900 10.04
Commodore Partners 1/12/2017 (100 ) 10.01
Commodore Partners 1/12/2017 (2,400 ) 10.08
Commodore Partners 1/12/2017 (100 ) 10.01
Commodore Partners 1/12/2017 (2,400 ) 10.08
Commodore Partners 1/12/2017 (1,000 ) 10.05
Commodore Partners 1/12/2017 (223 ) 10.05
Commodore Partners 1/12/2017 (412 ) 10.08
Commodore Partners 1/12/2017 (365 ) 10.08
Court H. Westcott 1/4/2017 (1,500 ) 9.86
Court H. Westcott 1/4/2017 (1,000 ) 10.29
Court H. Westcott 1/4/2017 (1,500 ) 10.45
Court H. Westcott 1/5/2017 (1,000 ) 10.59

14

SEQ.=1,FOLIO='14',FILE='C:\JMS\109503\17-2498-1\task8232935\2498-1-bi.htm',USER='109503',CD='Jan 14 03:17 2017'

Name of Reporting Person Trade Date Number of Shares Purchased (Sold) Price Per Share ($)
Carla Westcott 1/4/2017 (2,500 ) 10.10
Carla Westcott 1/4/2017 (500 ) 10.14
Carla Westcott 1/4/2017 (1,500 ) 10.28
Carla Westcott 1/5/2017 (1,000 ) 10.69
Carla Westcott 1/5/2017 1,000 10.52
Carla Westcott 1/5/2017 1,000 10.54
Carla Westcott 1/5/2017 1,000 10.54

*Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer*

*Item 7. Material to Be Filed as Exhibits*

Exhibit A Joint Filing Agreement, dated June 8, 2015, by and among Carl H. Westcott, Commodore Partners, Ltd., G.K. Westcott LP, Carl Westcott, LLC, Jimmy Elizabeth Westcott, Chart H. Westcott, Court H. Westcott, and Carla Westcott (incorporated by reference to Exhibit A to the Schedule 13D filed with the Securities and Exchange Commission on June 11, 2015).
Exhibit B Form of Authorization of Agent (incorporated by reference to Exhibit B to the Schedule 13D filed with the Securities and Exchange Commission on June 11, 2015).
Exhibit C Power of Attorney, dated June 8, 2015 (incorporated by reference to Exhibit C to the Schedule 13D filed with the Securities and Exchange Commission on June 11, 2015).

15

SEQ.=1,FOLIO='15',FILE='C:\JMS\109503\17-2498-1\task8232935\2498-1-bi.htm',USER='109503',CD='Jan 14 03:17 2017'

*SIGNATURE*

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 13, 2017
Reporting Persons: CARL H. WESTCOTT
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact
COMMODORE PARTNERS, LTD.
By: Carl Westcott, LLC, its general partner
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact
G.K. WESTCOTT LP
By: Carl Westcott, LLC, its general partner
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact
CARL WESTCOTT, LLC
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact
COURT H. WESTCOTT
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact
CARLA WESTCOTT
/s/ Michael I. Smartt
Michael I. Smartt
Attorney-in-Fact

16

SEQ.=1,FOLIO='16',FILE='C:\JMS\109503\17-2498-1\task8232935\2498-1-bk.htm',USER='109503',CD='Jan 14 03:17 2017'