Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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Tsakos Energy Navigation, LTD
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(Name of Issuer)
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Common Stock
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(Title of Class of Securities)
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G9108L173
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(CUSIP Number)
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December 31, 2021
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(Date of Event which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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☐
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Rule 13d-1(b)
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☑
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Rule 13d-1(c)
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☐
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Rule 13d-1(d)
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* 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).
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CUSIP No.
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G9108L173
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13G
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1
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NAMES OF REPORTING PERSONS
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Konstantinos Konstantakopoulos
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☑
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(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Greece
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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6
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SHARED VOTING POWER
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2,198,2131
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7
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SOLE DISPOSITIVE POWER
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8
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SHARED DISPOSITIVE POWER
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2,198,213
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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2,198,213
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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NOT APPLICABLE
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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9.8%2
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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1 Konstantinos Konstantakopoulos owns all 2,198,213 shares indirectly through Longshaw Maritime Investments S.A., a Marshall Islands corporation.
2 The percent ownership is calculated based upon an aggregate of 22,318,622 shares outstanding as reported in Tsakos Energy Navigation Limited’s Form 6-K filed with the Securities and Exchange Commission on
December 17, 2021 for the quarterly period ended September 30, 2021.
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CUSIP No.
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G9108L173
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13G
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1
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NAMES OF REPORTING PERSONS
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Longshaw Maritime Investments S.A.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☑
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(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Marshall Islands
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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6
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SHARED VOTING POWER
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2,198,2133
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7
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SOLE DISPOSITIVE POWER
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8
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SHARED DISPOSITIVE POWER
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2,198,213
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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2,198,213
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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NOT APPLICABLE
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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9.8%4
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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3 Longshaw Maritime Investments S.A. is controlled by Konstantinos Konstantakopoulos, resulting in his indirect ownership of all 2,198,213 shares of common stock
of Tsakos Energy Navigation Limited.
4 The percent ownership is calculated based upon an aggregate of 22,318,622 shares outstanding as reported in Tsakos Energy Navigation Limited’s Form 6-K filed with the Securities and Exchange
Commission on December 17, 2021 for the quarterly period ended September 30, 2021.
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Item 1.
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(a)
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Name of Issuer:
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Tsakos Energy Navigation, LTD.
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(b)
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Address of Issuer’s Principal Executive Offices:
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367 Syngrou Avenue
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Palaio Faliro 175 64 P
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GR
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Item 2.
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(a)
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Name of Persons Filing:
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Konstantinos Konstantakopoulos
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Longshaw Maritime Investments S.A.
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(b)
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Address of Principal Business Office or, if none, Residence for each of the reporting persons:
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The principal business office of each person named in Item 2(a) above is:
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60 Zephyrou Street & Syngrou Avenue
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17564 Athens, Greece
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(c)
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Citizenship
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Konstantinos Konstantakopoulos is a citizen of Greece.
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Longshaw Maritime Investments S.A. is a Marshall Islands Corporation.
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(d)
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Title of Class of Securities: Common Stock
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(e)
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CUSIP Number: G9108L173
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Item 3.
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If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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NOT APPLICABLE
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Item 4.
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Ownership
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The information in Item 1 and Items 5 though 11 on the cover pages of this Schedule 13G is incorporated herein by reference.
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Item 5.
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Ownership of Five Percent or Less of a Class.
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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 ☐ .
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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NOT APPLICABLE
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Item 7.
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Identification and Classification of the subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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NOT APPLICABLE
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Item 8.
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Identification and Classification of Members of the Group.
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NOT APPLICABLE
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Item 9.
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Notice of Dissolution of Group.
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NOT APPLICABLE
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Item 10.
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Certification.
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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, 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.
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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 14, 2022
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By:
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/s/ Konstantinos Konstantakopoulos
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Name:
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Konstantinos Konstantakopoulos
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By:
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/s/ Konstantinos Konstantakopoulos
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Name:
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Longshaw Maritime Investments S.A.
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