SILICOM LTD. — Major Shareholding Notification 2018

Nov 5, 2018

SC 13D/A 1 zk1822230.htm SC 13D/A Licensed to: ZKG Document created using EDGARfilings PROfile 4.5.0.0 Copyright 1995 - 2018 Broadridge

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

SILICOM LIMITED
(Name of Issuer)
Ordinary Shares, nominal value 0.01 New Israeli Shekels per Share
(Title of Class of Securities)
M84116 10 8
(CUSIP Number)
Zohar Zisapel 24 Raoul Wallenberg Street Tel-Aviv 69719 Israel +972-3-6458153.
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 2 , 2018
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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 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. M84116 10 8

SCHEDULE 13D/A

1	NAME OF REPORTING PERSON
	Zohar Zisapel
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) ☐ (b) ☐
3	SEC USE ONLY
4	SOURCE OF FUNDS
	PF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
	☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Israel
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7	SOLE VOTING POWER
		924,730 Ordinary Shares
	8	SHARED VOTING POWER
		-0-
	9	SOLE DISPOSITIVE POWER
		924,730 Ordinary Shares
	10	SHARED DISPOSITIVE POWER
		-0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	924,730 Ordinary Shares
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
	☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	12.25% (1)
14	TYPE OF REPORTING PERSON
	IN

(1) Based on 7,549,531 Ordinary Shares that the Issuer advised were issued and outstanding as of March 31, 2018.

Page 2 of 5 Pages

CUSIP No. M84116 10 8

SCHEDULE 13D/A

This Amendment No. 4 to the Statement on Schedule 13D (this “Statement”) is being filed by the undersigned to amend the schedule 13D (the “Schedule 13D”) which was originally filed on November 28, 2008, as amended and supplemented by Amendment No. 1 thereto filed on March 5, 2009 , by Amendment No. 2 thereto filed on June 13, 2018 and by Amendment No. 3 thereto filed on September 26, 2018, relates to the ordinary shares, nominal value 0.01 New Israeli Shekels per share (the “Ordinary Shares”), of Silicom Limited, a company organized under the laws of Israel (the “Issuer”). The address of the principal executive offices of the Issuer is 8 Hanagar Street, Kfar Saba Industrial Park, Kfar Saba 44000, Israel.

ITEM 5. Interest in Securities of the Issuer. Item 5 of the Statement is hereby amended and restated in its entirety as follows:

(a) The disclosure under Item 3 and Items 11 and 13 of the cover are incorporated herein by reference. The Reporting Person beneficially owns approximately 924,730 Ordinary Shares, or 12.25%, of the Company’s total number of Ordinary Shares that the Company advised were issued and outstanding as of March 31, 2018. Of such shares (i) 673,723 Ordinary Shares are held by the Reporting Person; and (ii) 251,007 Ordinary Shares are held of record by Lomsha Ltd., an Israeli company controlled by the Reporting Person. The Reporting Person has sole power to vote or direct the vote and the sole power to dispose or direct the disposition of all of the Ordinary Shares disclosed in Item 5(a) above.

(b) The following table sets forth all the transactions effected by the Reporting Person Since his last report on September 26, 2018. All of these transactions were open market sales effected on the NASDAQ Global Select Market.

(c) The following table sets forth all the transactions effected by the Reporting Person during the past 90 days. All of these transactions were open market sales effected on the NASDAQ Global Select Market.

Date of Sale — 02/11 /2018	3,249	43.30
02/11 /2018	13,465	43.16
01/11 /2018	45,745	43.35
31/10 /2018	6 ,000	44.67
31/10 /2018	2, 485	44.87
26/10 /2018	60,281	42.10
25/10 /2018	25 ,000	42.12
25/10 /2018	15 ,000	41.41
25/10 /2018	15 ,000	42.00
25/10 /2018	829	42 .50
25/10 /2018	15 ,000	42.07
25/10 /2018	7,473	42.23
23/10 /2018	100	39. 37
23/10 /2018	25	39.41
23/10 /2018	125	39.40
23/10 /2018	20	39 .50
23/10 /2018	90	39.43
23/10 /2018	60	39. 38
23/10 /2018	20	39. 36
23/10 /2018	80	39. 34

Page 3 of 5 Pages

Date of Sale	Number of Ordinary Shares Sold		Price Per Share
23/10 /2018	1,600		39. 20
23/10 /2018	618		39. 22
23/10 /2018	368		39. 21
23/10 /2018	200		39. 24
23/10 /2018	101		39. 23
22/10 /2018	7,500		39. 71
22/10 /2018	100		39. 83
22/10 /2018	100		39. 89
22/10 /2018	110		39. 84
22/10 /2018	200		39. 85
16/10 /2018	13,175		40. 30
05/10 /2018	8,669		40. 73
05/10 /2018	200		41.17
05/10 /2018	724		41.30
05/10 /2018	1		41.05
05/10 /2018	200		41. 25
05/10 /2018	100		41. 35
05/10 /2018	10		41. 37
05/10 /2018	100		41. 20
05/10 /2018	1,935		41.35
05/10 /2018	45		41.37
05/10 /2018	2,000		41.30
05/10 /2018	2,000		41.32
02/10 /2018	18,000		40. 55
28/09 /2018	15,000		40. 53
26/09 /2018	100		40. 33
26/09 /2018	660		40. 28
26/09 /2018	(40	)	40. 44
26/09 /2018	67		40. 38
26/09 /2018	193		40. 32
26/09 /2018	79		40. 41
26/09 /2018	100		40. 43
26/09 /2018	215		40. 42
26/09 /2018	7		40. 39

Except for such transactions, the Reporting Person has not effected any transactions in the Ordinary Shares during the past ninety days.

(d) No person other than the Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares reported above in this Item 5(c).

(e) Not applicable.

Page 4 of 5 Pages

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: November 4 , 2018

/s/ Zohar Zisapel
ZOHAR ZISAPEL

Page 5 of 5 Pages