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Form 3 GLOBALSCAPE INC For: Jan 09 Filed by: 210/GSB Acquisition Partners, LLC

January 13, 2017 5:02 PM EST
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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 *
210/GSB Acquisition Partners, LLC

(Last) (First) (Middle)
8214 WESTCHESTER DRIVE, SUITE 950

(Street)
DALLAS TX 75225

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/09/2017
3. Issuer Name and Ticker or Trading Symbol
GLOBALSCAPE INC [ GSB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,200,000 (1) (2) (3) (6)
D
 
Common Stock 231,507 (1) (2) (4) (6)
D
 
Common Stock 50,000 (1) (2) (5) (6)
I
By Atlas Capital Management, L.P.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This Form 3 is being filed by (i) 210/GSB Acquisition Partners, LLC ("GSB Acquisition"), in its capacity as a direct holder of 3,200,000 shares of common stock of GlobalSCAPE, Inc. (the "Issuer"), (ii) 210 Capital, LLC ("210 Capital"), in its capacity as sole member of GSB Acquisition, (iii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as a member of 210 Capital, (iv) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as a member of 210 Capital, (v) C. Clark Webb, in his capacity as sole member of CCW Holdings and as a direct holder of 231,507 shares of the Issuer's common stock, (vi) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners, and (vii) Robert H. Alpert, in his capacity as President and sole shareholder of RHA Investments (collectively, the "Reporting Persons").
2. A statement on Schedule 13D was initially jointly filed on January 13, 2017 by the Reporting Persons with respect to the shares of the Issuer's common stock reported on this Form 3.
3. The 3,200,000 shares of the Issuer's common stock are held directly by GSB Acquisition. The Reporting Persons, other than GSB Acquisition, disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 3 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.
4. The 231,507 shares of the Issuer's common stock are held directly by Mr. Webb. The Reporting Persons, other than Mr. Webb, disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 3 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.
5. The 50,000 shares of the Issuer's common stock are held directly by Atlas Capital Management, L.P. ("ACM"). As general partner of ACM, RHA Investments has the power to direct ACM's affairs, and as President and sole shareholder of RHA Investments, Mr. Alpert has the power to direct RHA Investments' affairs. The Reporting Persons disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 3 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.
6. The principal business address of each of the Reporting Persons is 8214 Westchester Drive, Suite 950, Dallas, Texas 75225.
210/GSB ACQUISITION PARTNERS, LLC, By: 210 Capital, LLC, Its: Sole Member, By: Covenant RHA Partners, L.P., Its: Member, By: /s/ Robert H. Alpert, Its: Authorized Signatory, By: CCW/LAW Holdings, LLC, Its: Member, By: /s/ C. Clark Webb, Its: Auth. Sig 01/13/2017
** Signature of Reporting Person Date
210 CAPITAL, LLC, By: Covenant RHA Partners, L.P., Its: Member, By: /s/ Robert H. Alpert, Its: Authorized Signatory, By: CCW/Law Holdings, LLC, Its: Member, By: /s/ C. Clark Webb, Its: Authorized Signatory 01/13/2017
** Signature of Reporting Person Date
COVENANT RHA PARTNERS, L.P., By: /s/ Robert H. Alpert, Its: Authorized Signatory 01/13/2017
** Signature of Reporting Person Date
CCW/LAW HOLDINGS, LLC, By: /s/ C. Clark Webb, Its: Authorized Signatory 01/13/2017
** Signature of Reporting Person Date
RHA INVESTMENTS, INC., By: /s/ Robert H. Alpert, Title: President 01/13/2017
** Signature of Reporting Person Date
ROBERT H. ALPERT, By: /s/ Robert H. Alpert 01/13/2017
** Signature of Reporting Person Date
C. CLARK WEBB, By: /s/ C. Clark Webb 01/13/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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