SEC Form SC 13G/A filed by PCTEL Inc. (Amendment)

2/13/23 12:26:50 PM ET

Radio And Television Broadcasting And Communications Equipment

Technology

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SC 13G/A 1 pcti13ga1.txt UNITED STATES SECURITIES AND EXCHANGECOMMISSION Washington D.C. 20549 SCHEDULE 13GA Under the Securities Exchange Act 1934 (Amendment No.1) PC TEL INC ------------------------ (Name of Issuer) COMMON ------ (Title of Class of Securities) 69325Q105 --------- (CUSIP Number) Calendar Year 2022 -------- (Date of Event Which Requires Filing of this Statement) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: [X] RULE 13D-1(b) [ ] RULE 13D-1(c) -------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification No. of above person RUTABAGA CAPITAL MANAGEMENT I.R.S. Identification No.: 04-3451870 -------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a)[ ] (b)[ ] -------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------- 4. Citizenship or Place of Organization Massachusetts -------------------------------------------------------- 5. Sole Voting Power NUMBER OF SHARES 775910 BENEFICIALLY OWNED BY 6. Shared Voting Power EACH REPORTING 0 PERSON WITH 7. Sole Dispositive Power 775910 8. Shared Dispositive Power 0 -------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 775910 10. Check if the aggregate Amount in Row (9) Excludes Certain Shares [ ] -------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 4.13% -------------------------------------------------------- 12. Type of Reporting Person IA -------------------------------------------------------- Item 1(a). NAME OF ISSUER PC TEL INC Item 1(b). ADDRESS OF PRINCIPAL OFFICES 471 BRIGHTON DRIVE BLOOMINGDALE, IL 60108 Item 2(a). NAME OF PERSON FILING Rutabaga Capital Management Item 2(b). ADDRESS OF PRINCIPAL OFFICES 107 Washington Ave., Cambridge, MA 02140 Item 2(c). Citizenship MASSACHUSETTS Item 2(d). TITLE OF CLASS OF SECURITIES COMMON STOCK Item 2(e). CUSIP NUMBER 69325Q105 Item 3. IF THIS STATEMENT IS BEING FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act(15 U.S.C 780); (b) [ ] Bank as defined in Section 3(a)(6) of the Act(15 U.S.C 78c); (c) [ ] insurance company as defined in Section 3(a)(19) of the Act(15 U.S.C 78c); (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940(15 U.S.C. 80a-8); (e) [X] An investment adviser in accordance with section 240.13d-1(b)(I)(ii)(E) (f) [ ] An employee benefit plan or endowment fund in accordance with 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in in Section 3(b) of the Federal Deposit Insurance Act(12 U.S.C 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section3(c)(14) of the Investment Company Act of 1940(15 U.S.C. 80a-3); (j) [ ] Group, in accordance with 13d-1(b)(1)(ii)(J) If this statement is filed pursuant to 13d-1(c), check this box. [ ] Item 4. OWNERSHIP Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 775910 --------- (b) Percent of class: 4.13% ------------------------------- (c) Number of Shares as to which person has: (i) Sole power to vote: 775910 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 775910 --------- (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fat that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x] Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable Item 7. IDENTIFIACTION AND CLASSIFICATION OF THE SUBSIDIARY WHICH AQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP. Not Applicable Item 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable Item 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred above were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 13, 2023 Rutabaga Capital Management By: /s/ Dennis Scannell ------------------------- Dennis Scannell, Principal

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SEC Form SC 13G/A filed by PCTEL Inc. (Amendment)

2/13/23 12:26:50 PM ET

$PCTI

Radio And Television Broadcasting And Communications Equipment

Technology

Get the next $PCTI alert in real time by email

SEC Form SC 13G/A filed by PCTEL Inc. (Amendment)

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SEC Form SC 13G/A filed by PCTEL Inc. (Amendment)

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Insider Trading

Andreotti Cindy K returned $880,474 worth of shares to the company (125,782 units at $7.00), closing all direct ownership in the company (SEC Form 4)

Keith Cynthia A returned $618,149 worth of shares to the company (88,307 units at $7.00), closing all direct ownership in the company (SEC Form 4)

Laredo Daniel N acquired $3,812 worth of shares (1,078 units at $3.54) and returned $113,176 worth of shares to the company (16,168 units at $7.00), closing all direct ownership in the company (SEC Form 4)

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Press Releases

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SEC Filings

SEC Form 15-12G filed by PCTEL Inc.

SEC Form S-8 POS filed by PCTEL Inc.

SEC Form S-8 POS filed by PCTEL Inc.

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Large Ownership Changes