Sec Form 4/A Filing - POPLAR POINT CAPITAL PARTNERS LP @ Gyrodyne, LLC - 2021-08-27

FORM 4/A 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 POPLAR POINT CAPITAL PARTNERS LP 2. Issuer Name and Ticker or Trading Symbol Gyrodyne, LLC [ GYRO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) Former 10% Owner (Last) (First) (Middle) 330 PRIMROSE ROAD, SUITE 400 3. Date of Earliest Transaction (MM/DD/YY) 08/27/2021 (Street) BURLINGAME, CA94010 4. If Amendment, Date Original Filed (MM/DD/YY) 12/30/2015 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 08/27/2021 S 30,000 D $ 13.04 149,904 D ( 1 ) ( 2 ) Common Stock 08/30/2021 S 6,200 D $ 13 143,704 D ( 1 ) ( 2 )

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 POPLAR POINT CAPITAL PARTNERS LP 330 PRIMROSE ROAD, SUITE 400 BURLINGAME, CA94010 Former 10% Owner POPLAR POINT CAPITAL MANAGEMENT LLC 330 PRIMROSE ROAD, SUITE 400 BURLINGAME, CA94010 Former 10% Owner POPLAR POINT CAPITAL GP LLC 330 PRIMROSE ROAD, SUITE 400 BURLINGAME, CA94010 Former 10% Owner FAKHRY JAD 330 PRIMROSE ROAD, SUITE 400 BURLINGAME, CA94010 Former 10% Owner Signatures POPLAR POINT CAPITAL PARTNERS LP, By: Poplar Point Capital GP LLC, its general partner, By: /s/ Jad Fakhry, Name: Jad Fakhry, Title: Manager 08/30/2021 Signature of Reporting Person Date POPLAR POINT CAPITAL GP LLC, By: /s/ Jad Fakhry, Name: Jad Fakhry, Title: Manager 08/30/2021 Signature of Reporting Person Date POPLAR POINT CAPITAL MANAGEMENT LLC, By: /s/ Jad Fakhry, Name: Jad Fakhry, Title: Manager 08/30/2021 Signature of Reporting Person Date /s/ Jad Fakhry, Jad Fakhry 08/30/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )In addition to Poplar Point Capital Partners LP, a Delaware limited partnership ("PPCP"), this Form 4 is being filed jointly by Poplar Point Capital Management LLC, a Delaware limited liability company ("PPCM"), Poplar Point Capital GP LLC, a Delaware limited liability company ("PPCGP"), and Jad Fakhry, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as PPCP and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). ( 2 )As the investment advisor to PPCP, PPCM may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. As the general partner of PPCP, PPCGP may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. Fakhry's position as the manager of PPCM and PPCGP, Mr. Fakhry may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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