The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AARONS INC COM PAR $0.50 002535300 7,977 313,827 SH   SOLE   313,827 0 0
AGROFRESH SOLUTIONS INC COM 00856G109 1,497 283,040 SH   SOLE   283,040 0 0
AIR METHODS CORP CALL 009128907 40 53,800 SH Call SOLE   53,800 0 0
ARGAN INC COM 04010E109 6,311 106,623 SH   SOLE   106,623 0 0
ASTRONICS CORP COM 046433108 4,113 91,291 SH   SOLE   91,291 0 0
BANCORP INC DEL COM 05969A105 5,746 894,959 SH   SOLE   894,959 0 0
BIOSCRIP INC COM 09069N108 486 168,295 SH   SOLE   168,295 0 0
BLUCORA INC Note 4.250% 4/0 095229AB6 1,908 2,000,000 PRN   SOLE   2,000,000 0 0
COMMERCEHUB INC COM SER C 20084V306 1,461 91,816 SH   SOLE   91,816 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 4,413 210,261 SH   SOLE   210,261 0 0
DSW INC CL A 23334L102 5,891 287,623 SH   SOLE   287,623 0 0
DTS INC COM 23335C101 3,501 82,300 SH   SOLE   82,300 0 0
EHEALTH INC COM 28238P109 6,660 594,114 SH   SOLE   594,114 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 7,324 242,340 SH   SOLE   242,340 0 0
ESSENDANT INC COM 296689102 4,161 202,793 SH   SOLE   202,793 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 3,590 252,783 SH   SOLE   252,783 0 0
FERRARI N V COM N3167Y103 3,340 64,396 SH   SOLE   64,396 0 0
FIESTA RESTAURANT GROUP INC COM 31660B101 792 33,000 SH   SOLE   33,000 0 0
FOGO DE CHAO INC COM 344177100 3,236 306,122 SH   SOLE   306,122 0 0
FORWARD AIR CORP COM 349853101 14,968 346,004 SH   SOLE   346,004 0 0
HARMAN INTL INDS INC COM 413086109 5,898 69,844 SH   SOLE   69,844 0 0
INSTALLED BLDG PRODS INC COM 45780R101 3,565 99,395 SH   SOLE   99,395 0 0
INTRALINKS HLDGS INC COM 46118H104 9,401 934,541 SH   SOLE   934,541 0 0
KIMBALL ELECTRONICS INC COM 49428J109 4,235 305,526 SH   SOLE   305,526 0 0
LIVEPERSON INC COM 538146101 512 60,918 SH   SOLE   60,918 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 4,630 118,376 SH   SOLE   118,376 0 0
MATSON INC COM 57686G105 7,094 177,893 SH   SOLE   177,893 0 0
MENTOR GRAPHICS CORP COM 587200106 7,030 265,878 SH   SOLE   265,878 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 1,490 115,242 SH   SOLE   115,242 0 0
PDF SOLUTIONS INC COM 693282105 1,730 95,238 SH   SOLE   95,238 0 0
PHI INC COM VTG 69336T106 1,197 65,191 SH   SOLE   65,191 0 0
PHI INC COM NON VTG 69336T205 10,678 587,688 SH   SOLE   587,688 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 955 77,400 SH   SOLE   77,400 0 0
PROVIDENCE SVC CORP COM 743815102 1,138 23,400 SH   SOLE   23,400 0 0
RICE ENERGY INC COM 762760106 2,411 92,347 SH   SOLE   92,347 0 0
RMR GROUP INC CL A 74967R106 8,714 229,681 SH   SOLE   229,681 0 0
SEASPINE HLDGS CORP COM 81255T108 4,221 417,524 SH   SOLE   417,524 0 0
SHORETEL INC COM 825211105 1,920 240,000 SH   SOLE   240,000 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 1,758 66,196 SH   SOLE   66,196 0 0
STARTEK INC COM 85569C107 2,975 478,330 SH   SOLE   478,330 0 0
TIER REIT INC COM NEW 88650V208 10,352 670,481 SH   SOLE   670,481 0 0
XENIA HOTELS & RESORTS INC COM 984017103 6,282 413,850 SH   SOLE   413,850 0 0