Sec Form 4 Filing - AB Value Management LLC @ Crystal Rock Holdings, Inc. - 2017-03-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
AB Value Management LLC
2. Issuer Name and Ticker or Trading Symbol
Crystal Rock Holdings, Inc. [ CRVP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
84 ELM STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/06/2017
(Street)
WESTFIELD, NJ07090
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 03/06/2017 P 100 ( 1 ) A $ 0.76 2,390,658 ( 2 ) I See Footnote ( 3 )
Common Stock, par value $0.001 per share 03/07/2017 P 999 ( 4 ) A $ 0.776 2,391,657 ( 5 ) I See Footnote ( 6 )
Common Stock, par value $0.001 per share 1 ( 7 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AB Value Management LLC
84 ELM STREET
WESTFIELD, NJ07090
X
Signatures
By: AB Value Partners, LP By: AB Value Management LLC, General Partner By: /s/ Andrew Berger, Manager 03/08/2017
Signature of Reporting Person Date
By: AB Value Management LLC By: /s/ Andrew Berger, Manager 03/08/2017
Signature of Reporting Person Date
By: Hamilton Partners By: /s/ Andrew Berger 03/08/2017
Signature of Reporting Person Date
By: /s/ Andrew Berger 03/08/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 100 Shares of Common Stock purchased directly by AB Value Partners, LP.
( 2 )Represents 870,997 Shares of Common Stock owned directly by AB Value Partners, LP, 1,508,935 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly own, and 10,726 Shares of Common Stock owned directly by Hamilton Partners. Andrew Berger owns 1 share directly.
( 3 )This Form 4 is filed jointly by AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, Hamilton Partners and Andrew Berger ("Mr. Berger"). By virtue of their relationships with AB Value Partners, LP, each of AB Value Management LLC and Mr. Berger may be deemed to beneficially own the Shares owned by AB Value Partners, LP and the Managed Account. By virtue of their relationships with Hamilton Partners, Mr. Berger may be deemed to beneficially own the Shares owned by Hamilton Partners. Each of Mr. Berger, AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, and Hamilton Partners is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock.
( 4 )Represents 999 Shares of Common Stock purchased directly by AB Value Partners, LP.
( 5 )Represents 871,996 Shares of Common Stock owned directly by AB Value Partners, LP, 1,508,935 Shares of Common Stock AB Value Management LLC had caused the Managed Account to directly own, and 10,726 Shares of Common Stock owned directly by Hamilton Partners. Andrew Berger owns 1 share directly.
( 6 )This Form 4 is filed jointly by AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, Hamilton Partners and Andrew Berger ("Mr. Berger"). By virtue of their relationships with AB Value Partners, LP, each of AB Value Management LLC and Mr. Berger may be deemed to beneficially own the Shares owned by AB Value Partners, LP and the Managed Account. By virtue of their relationships with Hamilton Partners, Mr. Berger may be deemed to beneficially own the Shares owned by Hamilton Partners. Each of Mr. Berger, AB Value Management LLC, AB Value Management LLC's Managed Account, AB Value Partners, LP, and Hamilton Partners is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock.
( 7 )Represents 1 Share of Common Stock owned by Andrew Berger directly.

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