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GEOSPACE TECHNOLOGIES CORP Major Shareholding Notification 2016

Feb 16, 2016

33529_mrq_2016-02-16_9b8de845-0508-47a8-909b-b66f755f7237.zip

Major Shareholding Notification

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SC 13G/A 1 fp0018006_sc13ga.htm Licensed to: FilePoint Document created using EDGARfilings PROfile 3.6.1.0 Copyright 1995 - 2016 Summit Financial Printing, LLC. All rights reserved.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(AMENDMENT NO. 8)*

Geospace Technologies Corporation

(Name of Issuer)

Common Stock, Par Value $0.01

(Title of Class of Securities)

37364X109

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ x] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)


  • 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 the disclosures provided in a prior cover page.

The information required in 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 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 ).

CUSIP NO. 37364X109 13G Page 2 of 6 Pages

1 NAMES OF REPORTING PERSONS Brown Capital Management, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 906,633
6 SHARED VOTING POWER None
7 SOLE DISPOSITIVE POWER 1,585,769
8 SHARED DISPOSITIVE POWER None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,585,769
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.90%
12 TYPE OF REPORTING PERSON IA

CUSIP NO. 37364X109 13G Page 3 of 6 Pages

1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS The Brown Capital Management Small Company Fund
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 726,017
6 SHARED VOTING POWER None
7 SOLE DISPOSITIVE POWER 726,017
8 SHARED DISPOSITIVE POWER None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 726,017
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.45%
12 TYPE OF REPORTING PERSON IV

CUSIP NO. 37364X109 13G Page 4 of 6 Pages

ITEM 1. (a)

Geospace Technologies Corporation

(b) Address of Issuer’s Principal Executive Offices:

7007 Pinemont Drive

Houston, Texas 77040-6601

ITEM 2. (a)

Brown Capital Management, LLC

The Brown Capital Management Small Company Fund

(b) Address of Principal Business Office or, if None, Residence:

For all persons filing:

1201 N. Calvert Street

Baltimore, MD 21202

(c) Citizenship:

Brown Capital Management, LLC is a Maryland Limited Liability Company

The Brown Capital Management Small Company Fund is a series portfolio of Brown Capital Management Mutual Funds, a Delaware statutory trust

(d) Title of Class of Securities:

Common Stock, Par Value $0.01

(e) CUSIP Number:

37364X109

ITEM 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a) [ ] Broker or dealer registered under Section 15 of the Exchange Act.

(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.

(c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d) [ ] Investment company registered under Section 8 of the Investment Company Act.

(e) [ x] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

(This Item is answered on behalf of the primary filer, Brown Capital Management, LLC).

CUSIP NO. 37364X109 13G Page 5 of 6 Pages

ITEM 4. Ownership.

(a) Amount beneficially owned: Brown Capital Management, LLC — 1,585,769 The Brown Capital Mgmt Small Company Fund — 726,017
(b) Percent of class: 11.90% 5.45%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 906,633 726,017
(ii) Shared power to vote or to direct the vote: None None
(iii) Sole power to dispose or to direct the disposition of: 1,585,769 726,017
(iv) Shared power to dispose or to direct the disposition of: None None

As of December 31, 2015, Brown Capital Management, LLC beneficially owned 1,585,769 shares of company identified in this filing. Included in those shares are 726,017 shares beneficially owned by The Brown Capital Management Small Company Fund, a registered investment company, which is managed by Brown Capital Management, LLC.

ITEM 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person.

All of the shares of Common Stock set forth in Item 4 are owned by various investment advisory clients of Brown Capital Management, LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to it discretionary power to make investment decisions over such shares for its clients and/or its ability to vote such shares. In all cases, persons other than Brown Capital Management, LLC have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the shares. No individual client holds more than five percent of the class, other than the Brown Capital Management Small Company Fund as disclosed in this filing.

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable

ITEM 8. Identification and Classification of Members of the Group.

Not applicable

ITEM 9. Notice of Dissolution of Group.

Not applicable

CUSIP NO. 37364X109 13G Page 6 of 6 Pages

ITEM 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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.

Brown Capital Management, LLC
By: /s/ Eddie C. Brown
Name: Eddie C. Brown
Title: President
Date: February 16, 2016