Sec Form 4 Filing - MILLER LLOYD I III @ Straight Path Communications Inc. - 2017-01-13

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 MILLER LLOYD I III 2. Issuer Name and Ticker or Trading Symbol Straight Path Communications Inc. [ STRP] 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) 3300 SOUTH DIXIE HIGHWAY, SUITE 1-365 3. Date of Earliest Transaction (MM/DD/YY) 01/13/2017 (Street) WEST PALM BEACH, FL33405 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 01/13/2017 S 50,000 D $ 44 167,850 ( 1 ) I By Milfam II L.P. Common Stock 613,269 ( 1 ) I By Trust A-4 - Lloyd I. Miller Common Stock 89,649 ( 2 ) D Common Stock 13,000 ( 1 ) I By Susan F. Miller Common Stock 12,000 ( 1 ) I By Lloyd I. Miller, III, Trustee GST Lloyd I. Miller Common Stock 12,898 ( 1 ) I By Lloyd I. Miller, III, Trustee Catherine Miller Dynasty Trust Common Stock 8,000 ( 1 ) I By Lloyd I. Miller, III, Co-Trustee GST Lloyd A. Crider Common Stock 0 ( 2 ) I See Footnote no. 3 ( 3 ) Common Stock 9,000 ( 1 ) I By Lloyd I. Miller, III, Trustee GST Catherine C. Miller Common Stock 6,000 ( 1 ) I By Lloyd I. Miller, III, Trustee GST Kimberly S. Miller Common Stock 41,902 ( 1 ) I By LIMFAM LLC Common Stock 15,000 ( 1 ) I By Milfam LLC Common Stock 127,150 ( 1 ) I By Milfam I L.P. Common Stock 23,990 ( 1 ) I By Trust A-1 - Lloyd I. Miller Common Stock 4,300 ( 1 ) I By Amil of Ohio, LLC Common Stock 4,000 ( 1 ) I By Lloyd I. Miller, III, Trustee Eli Miller Trust Common Stock 33,595 ( 1 ) I By Trust D - Lloyd I. Miller Common Stock 6,800 ( 1 ) I By Lloyd I. Miller, III, Co-Trustee 2006 Susan Miller Trust of Children Common Stock 6,900 ( 1 ) I By Lloyd I. Miller, III, Co-Trustee Susan Miller Dynasty Trust

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 MILLER LLOYD I III 3300 SOUTH DIXIE HIGHWAY SUITE 1-365 WEST PALM BEACH, FL33405 X Signatures /s/ David J. HoytAttorney-in-fact 01/17/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing. ( 2 )On December 30, 2016, 16,649 securities held by Lloyd I. Miller, co-trustee with Kimberly S. Miller f/b/o Lloyd I. Miller IV and Alexandra B. Miller were transferred to Lloyd I. Miller, III. Such transaction only effected a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such securities and was exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13. ( 3 )By Lloyd I. Miller, III, co-trustee with Kimberly S. Miller f/b/o Lloyd I. Miller IV and Alexandra B. Miller

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