Insider filing report for Changes in Beneficial Ownership
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- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Amendment No. 6
To
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)
GIGAMEDIA LIMITED
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
Y2711Y112
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
CUSIP No. Y2711Y112 |
|
| 1. | NAME
OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jonathan Honig |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE
VOTING POWER 282,420(1) |
| 6. | SHARED
VOTING POWER 219,285(2) | |
| 7. | SOLE
DISPOSITIVE POWER 282,420(1) | |
| 8. | SHARED
DISPOSITIVE POWER 342,685(2)(3) |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 625,105(1)(2)(3) |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.65% (based on 11,052,235 shares outstanding as of December 31, 2019) |
| 12. | TYPE
OF REPORTING PERSON IN |
| (1) | Includes (i) 5,145 shares held by Mr. Honig as UTMA custodian for Morgan Honig, (ii) 5,400 shares held by Mr. Honig as UTMA custodian for Skylar Honig and (iii) 6,800 shares held by Mr. Honig as UTMA custodian for Jett Honig. |
| (2) | Includes (i) 22,000 shares held by Titan Multi-Strategy Fund, Inc. (“Titan”) (ii) 168,360 shares held by Titan Multi-Strategy Fund, Inc. Profit Sharing Plan (the “Plan”)(iii)17,225 shares held by Titan Multi-Strategy Fund 401k Roth FBO Jonathan Honig and (iv) 11,700 shares held by Titan Multi-Strategy Fund 401k Roth FBO Elizabeth Honig. Mr. Honig is the President of Titan Multi-Strategy Fund, Inc. and trustee of the Plans, and in such capacities has voting and dispositive power over the securities held by such entities. |
| (3) | Includes (i) 5,400 shares held by Elizabeth Honig, (ii) 77,500 shares held by Elizabeth Honig Lifetime Trust, (iii) 1,200 shares held by Elizabeth Honig IRA TD Ameritrade Clearing, Custodian, (iv) 13,500 shares held by Elizabeth Honig as UTMA custodian for Jett Honig (v) 13,000 shares held by Elizabeth Honig as UTMA Custodian for Skylar Honig and (vi) 12,800 shares held by Elizabeth Honig UTMA Custodian for Morgan Honig. Elizabeth Honig and Mr. Honig are married , and Mr. Honig has voting and dipositive power of the securities held by the foregoing. |
CUSIP No. Y2711Y112 |
|
| 1. | NAME
OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Titan Multi-Strategy Fund, Inc. IRS Identification No: 20-2540983 |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Florida |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE
VOTING POWER 0 |
| 6. | SHARED
VOTING POWER 22,000(1) | |
| 7. | SOLE
DISPOSITIVE POWER 0 | |
| 8. | SHARED
DISPOSITIVE POWER 22,000(1) |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,000(1) |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.20% (based on 11,052,235 shares outstanding as of December 31, 2019) |
| 12. | TYPE
OF REPORTING PERSON CO |
| (1) | Mr. Honig is the President of Titan, and in such capacity, has voting and dispositive power over the securities held by Titan. |
CUSIP No. Y2711Y112 |
|
| 1. | NAME
OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Titan Multi-Strategy Fund, Inc. Profit Sharing Plan |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Florida |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE
VOTING POWER 0 |
| 6. | SHARED
VOTING POWER 168,360(1) | |
| 7. | SOLE
DISPOSITIVE POWER 0 | |
| 8. | SHARED
DISPOSITIVE POWER 168,360(1) |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 168,360(1) |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.52% (based on 11,052,235 shares outstanding as of December 31, 2019) |
| TYPE
OF REPORTING PERSON OO |
| (1) | Mr. Honig is the trustee of the Plan, and in such capacity has voting and dispositive power of securities held by the Plan. |
CUSIP No. Y2711Y112 |
|
| 1. | NAME
OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Titan Multi-Strategy Fund 401k Roth FBO Jonathan Honig |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE
VOTING POWER 0 |
| 6. | SHARED
VOTING POWER 17,225(1) | |
| 7. | SOLE
DISPOSITIVE POWER 0 | |
| 8. | SHARED
DISPOSITIVE POWER 17,225(1) |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,225(1) |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.15% (based on 11,052,235 shares outstanding as of December 31, 2019) |
| 12. | TYPE
OF REPORTING PERSON OO |
| (1) | Mr. Honig is the trustee of the Roth plan, and in such capacity has voting and dispositive power over the securities held by such entity. |
CUSIP No. Y2711Y112 |
|
| 1. | NAME
OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Titan Multi-Strategy Fund 401k Roth FBO Elizabeth Honig |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE
VOTING POWER 0 |
| 6. | SHARED
VOTING POWER 11,700(1) | |
| 7. | SOLE
DISPOSITIVE POWER 0 | |
| 8. | SHARED
DISPOSITIVE POWER 11,700(1) |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,700(1) |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.10% (based on 11,052,235 shares outstanding as of December 31, 2019) |
| 12. | TYPE
OF REPORTING PERSON OO |
| (1) | Mr. Honig is the trustee of the Roth plan, and in such capacity has voting and dispositive power over the securities held by such entity. |
Item 1(a).
Name of Issuer:
GigaMedia Limited (“Issuer”)
Item 1(b).
Address of Issuer’s Principal Executive Offices:
8F. No. 22, Land 407, Sec. 2, Tiding Boulevard,Taipei 114, Taiwan
Item 2(a).
Name of Person Filing.
The statement is filed on behalf of Jonathan Honig, Titan Multi-Strategy Fund, Inc., Titan Multi-Strategy Fund, Inc. Profit Sharing Plan, Titan Multi-Strategy Fund 401k Roth FBO Jonathan Honig and Titan Multi-Strategy Fund 401k Roth FBO Elizabeth Honig (collectively, the “Reporting Person”).
Item 2(b).
Address of Principal Business Office or, if None, Residence.
5825 Windsor Court, Boca Raton, Fl 33496
Item 2(c).
Citizenship.
Jonathan Honig is a citizen of the United States. Both Titan Multi-Strategy Fund, Inc. (“Titan”) and Titan Multi-Strategy Fund, Inc. Profit Sharing Plan (the “Plan”) are incorporated in the State of Florida. Both Titan Multi-Strategy Fund 401k Roth FBO Jonathan Honig and Titan Multi-Strategy Fund 401k Roth FBO Elizabeth Honig are organized in the State of Florida.
Item 2(d).
Title of Class of Securities.
Common Stock, no par value.
Item 2(e).
CUSIP Number.
Y2711Y112
Item 3.
Type of Person
Not applicable.
Item 4.
Ownership.
(a) Amount beneficially owned: 625,105 (1)(2)(3)
(b) Percent of class: 5.65% (based on 11,052,235 shares outstanding as of December 31, 2019)
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 282,420(1)
(ii) Shared power to vote or to direct the vote: 219,285(2)
(iii) Sole power to dispose or to direct the disposition of: 282,420 (1)
(iv) Shared power to dispose or to direct the disposition of: 342,685 (2)(3)
| (1) | Includes (i) 5,145 shares held by Mr. Honig as UTMA custodian for Morgan Honig, (ii) 5,400 shares held by Mr. Honig as UTMA custodian for Skylar Honig and (iii) 6,800 shares held by Mr. Honig as UTMA custodian for Jett Honig. |
| (2) | Includes (i) 22,000 shares held by Titan Multi-Strategy Fund, Inc. (“Titan”) (ii) 168,360 shares held by Titan Multi-Strategy Fund, Inc. Profit Sharing Plan (the “Plan”)(iii)17,225 shares held by Titan Multi-Strategy Fund 401k Roth FBO Jonathan Honig and (iv) 11,700 shares held by Titan Multi-Strategy Fund 401k Roth FBO Elizabeth Honig. Mr. Honig is the President of Titan Multi-Strategy Fund, Inc. and trustee of the Plans, and in such capacities has voting and dispositive power over the securities held by such entities. |
| (3) | Includes (i) 5,400 shares held by Elizabeth Honig, (ii) 77,500 shares held by Elizabeth Honig Lifetime Trust, (iii) 1,200 shares held by Elizabeth Honig IRA TD Ameritrade Clearing, Custodian, (iv) 13,500 shares held by Elizabeth Honig as UTMA custodian for Jett Honig (v) 13,000 shares held by Elizabeth Honig as UTMA Custodian for Skylar Honig and (vi) 12,800 shares held by Elizabeth Honig UTMA Custodian for Morgan Honig. Elizabeth Honig and Mr. Honig are married, and Mr. Honig has voting and dipositive power of the securities held by the foregoing. |
Item 5.
Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported by the Parent Holding Company.
Not applicable.
Item 8.
Identification and Classification of Members of the Group.
Not applicable.
Item 9.
Notice of Dissolution of Group.
Not applicable.
Item 10.
Certifications.
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.
| Jonathan Honig | |
| |
| Date: February 14, 2020 | /s/ Jonathan Honig |
| Jonathan Honig |
| Titan Multi-Strategy Fund, Inc. | ||
| Date: February 14, 2020 | By: | /s/ Jonathan Honig |
| Jonathan Honig, President | ||
| Titan Multi-Strategy Fund, Inc. Profit Sharing Plan | ||
| Date: February 14, 2020 | By: | /s/ Jonathan Honig |
| Jonathan Honig, Trustee | ||
| Titan Multi-Strategy Fund 401K Roth FBO Jonathan Honig | ||
| Date: February 14, 2020 | By: | /s/ Jonathan Honig |
| Jonathan Honig, Trustee | ||
| Titan Multi-Strategy Fund 401K Roth FBO Elizabeth Honig | ||
| Date: February 14, 2020 | By: | /s/ Jonathan Honig |
| Jonathan Honig, Trustee | ||