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CUSIP No. 040712101 |
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13G |
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Page 3 of 5 Pages |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote
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Incorporated by reference from Item 5 of the Cover Page.
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(ii) |
Shared power to vote or to direct the vote
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Incorporated by reference from Item 6 of the Cover Page.
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(iii) |
Sole power to dispose or to direct the disposition
of
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Incorporated by reference from Item 7 of the Cover Page.
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(iv) |
Shared power to dispose or to direct the disposition
of
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Incorporated by reference from Item 8 of the Cover Page.
Item 5. |
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 5 percent of the class of securities, check
the following ☐.
Item 6. |
Ownership of More than Five Percent on Behalf of
Another Person.
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With respect to the beneficial ownership reported for Thomas A.
Satterfield, Jr., 7,500 shares are held jointly with Rebecca S.
Satterfield, Mr. Satterfield’s spouse; 50,000 shares are held by
Tomsat Investment & Trading Co., Inc., a corporation controlled
by Mr. Satterfield and of which he serves as President; 184,607
shares are held by Caldwell Mill Opportunity Fund, which fund is
managed by an entity of which Mr. Satterfield owns a 50% interest
and serves as Chief Investment Manager; and 145,000 shares are held
by A.G. Family L.P., a partnership managed by a general partner
controlled by Mr. Satterfield.
Additionally, Mr. Satterfield has limited powers of attorney
for voting and disposition purposes with respect to the following
shares: Thomas A. Satterfield, Sr. (32,000 shares); Rebecca S.
Satterfield (1,000 shares); David A. Satterfield (15,000 shares);
Parker Satterfield (2,000 shares); Jeanette Satterfield Kaiser
(27,000 shares); Richard W. Kaiser (11,000 shares); Rita Phifer
(10,000 shares); Parker Little Trust (1,450 shares); Lola Little
Trust (500 shares); Henry Beck (6,000 shares); John and Angela
Picton (7,000 shares); Christy Beard (2,500 shares); Pamela Beck
(2,000 shares); Paula and Gene Colley (3,000 shares); and Glenna
and Jesse Colley (4,000 shares). These individuals and entities
have the right to receive or the power to direct the receipt of the
proceeds from the sale of their respective shares.
Item 7. |
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.