SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
CARTESIAN HOLDINGS INC.

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/11/2018
3. Issuer Name and Ticker or Trading Symbol
Cartesian, Inc. [ CRTN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 7,201,698(1) D(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
CARTESIAN HOLDINGS INC.

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BLACKSTREET CAPITAL HOLDINGS, LLC

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BCH INVESTORS LLC

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
1. Name and Address of Reporting Person*
CARTESIAN HOLDINGS LLC

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BLACKSTREET CAPITAL INVESTORS, LLC

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
1. Name and Address of Reporting Person*
GUNTY MURRY N

(Last) (First) (Middle)
5425 WISCONSIN AVENUE
SUITE 701

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
Explanation of Responses:
1. Cartesian Holdings, Inc., a Delaware corporation, acquired 7,201,698 shares of common stock, par value $0.005 per share, pursuant to a tender offer dated April 10, 2018, which expired on May 11, 2018.
2. The shares are owned directly by Cartesian Holdings, Inc., which is a wholly owned subsidiary of Cartesian Holdings, LLC, a Delaware limited liability company, which is a wholly owned subsidiary of Blackstreet Capital Holdings, LLC, a Delaware limited liability company, which is controlled by Murry N. Gunty as the controlling equityholder of Blackstreet Capital Investors, LLC, which is the controlling equityholder of BCH Investors, LLC, all of which beneficially own the shares indirectly.
/s/ Murry N. Gunty Name: Murry N. Gunty 06/01/2018
CARTESIAN HOLDINGS, INC. By: /s/ Murry N. Gunty, Name: Murry N. Gunty, Title: President 06/01/2018
CARTESIAN HOLDINGS, LLC By: Blackstreet Capital Holdings, LLC, its Manager By: /s/ Murry N. Gunty Name: Murry N. Gunty Title: Chief Executive Officer 06/01/2018
BLACKSTREET CAPITAL HOLDINGS, LLC By: /s/ Murry N. Gunty Name: Murry N. Gunty Title: Manager 06/01/2018
BLACKSTREET CAPITAL INVESTORS, LLC By: /s/ Murry N. Gunty Name: Murry N. Gunty Title: Manager 06/01/2018
BCH INVESTORS, LLC By: /s/ Murry N. Gunty Name: Murry N. Gunty Title: Manager 06/01/2018
** Signature of Reporting Person Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.