Rick Miller
Bryan Cave LLP
1201 W. Peachtree St., 14th Floor
Atlanta, GA 30309
Tel: (404) 572-6600
|
CUSIP No. 46603N202
|
|
Page 2 of 7 Pages
|
1
|
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Privet Fund LP
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑
(b) ☐ |
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
WC
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
||
8
|
SHARED VOTING POWER
187,953
|
|||
9
|
SOLE DISPOSITIVE POWER
0
|
|||
10
|
SHARED DISPOSITIVE POWER
187,953
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,953
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
|||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 46603N202
|
|
Page 3 of 7 Pages
|
1
|
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Privet Fund Management LLC
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑
(b) ☐ |
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
WC, AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
||
8
|
SHARED VOTING POWER
187,953
|
|||
9
|
SOLE DISPOSITIVE POWER
0
|
|||
10
|
SHARED DISPOSITIVE POWER
187,953
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,953
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
|||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
|
|||
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP No. 46603N202
|
|
Page 4 of 7 Pages
|
1
|
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ryan Levenson
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑
(b) ☐ |
||
3
|
SEC USE ONLY
|
|||
4
|
SOURCE OF FUNDS
AF
|
|||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION United States
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
||
8
|
SHARED VOTING POWER
187,953
|
|||
9
|
SOLE DISPOSITIVE POWER
0
|
|||
10
|
SHARED DISPOSITIVE POWER
187,953
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,953
|
|||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
|||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
|
|||
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP No. 46603N202
|
|
Page 5 of 7 Pages
|
Item 4.
|
Purpose of Transaction
|
CUSIP No. 46603N202
|
|
Page 6 of 7 Pages
|
Date: June 10, 2016
|
PRIVET FUND LP
By: Privet Fund Management LLC,
Its Managing Partner
By: /s/ Ryan Levenson
Name: Ryan Levenson
Its: Sole Manager
PRIVET FUND MANAGEMENT LLC
By: /s/ Ryan Levenson
Name: Ryan Levenson
Its: Sole Manager
/s/ Ryan Levenson
Ryan Levenson
|
CUSIP No. 46603N202
|
|
Page 7 of 7 Pages
|
1.
|
Privet Fund LP(1)
|
Trade Date
|
Nature of Transaction
(Purchase/Sale) |
Number of
Shares
|
Price Per Share (2)
|
11/13/2015
|
Purchase
|
1,750
|
$8.1720
|
11/16/2015
|
Purchase
|
500
|
$8.4000
|
11/17/2015
|
Purchase
|
565
|
$8.4420
|
11/18/2015
|
Purchase
|
300
|
$8.3240
|
11/19/2015
|
Purchase
|
50
|
$8.0000
|
11/20/2015
|
Purchase
|
685
|
$7.7700
|
11/23/2015
|
Purchase
|
250
|
$7.9200
|
11/24/2015
|
Purchase
|
250
|
$8.0000
|
11/25/2015
|
Purchase
|
275
|
$7.8540
|
11/30/2015
|
Purchase
|
375
|
$8.2340
|
12/21/2015
|
Purchase
|
7,500
|
$7.2000
|
12/21/2015
|
Purchase
|
50
|
$7.7980
|
12/31/2015
|
Purchase
|
200
|
$8.0600
|
2/16/2016
|
Sale
|
-500
|
$7.0000
|
2/17/2016
|
Sale
|
-4,445
|
$6.5000
|
2/22/2016
|
Sale
|
-3,000
|
$6.5000
|
2/23/2016
|
Sale
|
-7,904
|
$6.4478
|
2/25/2016
|
Sale
|
-6,100
|
$6.9500
|
2/26/2016
|
Sale
|
-220
|
$7.5000
|
3/1/2016
|
Sale
|
-38
|
$7.9000
|
3/7/2016
|
Sale
|
-200
|
$7.9900
|
3/11/2016
|
Sale
|
-70
|
$7.7000
|
3/15/2016
|
Sale
|
-112
|
$7.7000
|
3/23/2016
|
Sale
|
-10,000
|
$7.8651
|
4/4/2016
|
Sale
|
-2,048
|
$6.7420
|
4/5/2016
|
Sale
|
-2,757
|
$6.7000
|
4/11/2016
|
Sale
|
-3,765
|
$6.6111
|
4/22/2016
|
Sale
|
-25,000
|
$7.0000
|
5/26/2016
|
Sale
|
-20,586
|
$6.5004
|
6/1/2016
|
Sale
|
-10,100
|
$6.5000
|