13F-HR 1 sched13f-131q.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2013 ------------------ Check here if Amendment [ ]; Amendment Number: --------- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cannell Capital LLC -------------------------------------- Address: 310 E. Pearl St., Unit A -------------------------------------- P.O. Box 3459 -------------------------------------- Jackson, WY 83001 -------------------------------------- Form 13F File Number: 028-06453 ---------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: J. Carlo Cannell -------------------------------------- Title: Managing Member of Cannell Capital LLC -------------------------------------- Phone: 415-835-8300 -------------------------------------- Signature, Place, and Date of Signing: /s/ J. Carlo Cannell Jackson, WY 05/14/2013 ------------------------ --------------- -------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------- Form 13F Information Table Entry Total: 70 -------------- Form 13F Information Table Value Total: $ 154,718 -------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE

---------------------------------------------------------------------------------------------------------------------------------- COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------------------------------------------------------------------------------------------------------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------------------------------------------------------------------------------------------------------------- BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,282 21 SH SOLE 21 - - COWEN GROUP INC CL A 223622101 865 306,635 SH SOLE 306,635 - - MAXLINEAR INC CL A 57776J100 504 81,353 SH SOLE 81,353 - - TELECOMMUNICATION SYS INC CL A 87929J103 6,830 3,062,706 SH SOLE 3,062,706 - - VALUEVISION MEDIA INC CL A 92047K107 9,150 2,644,612 SH SOLE 2,644,612 - - BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,212 11,630 SH SOLE 11,630 - - AV HOMES INC COM 00234P102 3,023 226,789 SH SOLE 226,789 - - BIGLARI HLDGS INC COM 08986R101 522 1,400 SH SOLE 1,400 - - BSB BANCORP INC MD COM 05573H108 487 35,273 SH SOLE 35,273 - - BUILD A BEAR WORKSHOP COM 120076104 5,677 1,053,229 SH SOLE 1,053,229 - - CAL DIVE INTL INC DEL COM 12802T101 2 1,000 SH SOLE 1,000 - - CALLIDUS SOFTWARE INC COM 13123E500 4,024 880,452 SH SOLE 880,452 - - CARDIONET INC COM 14159L103 668 274,891 SH SOLE 274,891 - - CAVCO INDS INC DEL COM 149568107 2,949 61,991 SH SOLE 61,991 - - CENTRAL GARDEN & PET CO COM 153527106 3,142 364,495 SH SOLE 364,495 - - CORNERSTONE PROGRESSIVE RTN COM 21925C101 - 3 SH SOLE 3 - - DEX ONE CORP COM 25212W100 616 360,497 SH SOLE 360,497 - - DNP SELECT INCOME FD COM 23325P104 - 1 SH SOLE 1 - - EAGLE BANCORP MONT INC COM 26942G100 393 35,934 SH SOLE 35,934 - - EASTERN INS HLDGS INC COM 276534104 617 32,882 SH SOLE 32,882 - - ECHO GLOBAL LOGISTICS INC COM 27875T101 4,214 190,499 SH SOLE 190,499 - - ESSA BANCORP INC COM 29667D104 351 32,339 SH SOLE 32,339 - - FEDFIRST FINL CORP COM 31429C101 534 30,064 SH SOLE 30,064 - - GLU MOBILE INC COM 379890106 1,061 353,540 SH SOLE 353,540 - - GRAFTECH INTL LTD COM 384313102 148 19,213 SH SOLE 19,213 - - HAWAIIAN TELCOM HOLDCO INC COM 420031106 2,926 126,820 SH SOLE 126,820 - - HOOPER HOLMES INC COM 439104100 3,911 8,501,612 SH SOLE 8,501,612 - - I D SYSTEMS INC COM 449489103 1,930 338,614 SH SOLE 338,614 - - INTERNET PATENTS CORP COM 46063G101 234 63,111 SH SOLE 63,111 - - INTRALINKS HLDGS INC COM 46118H104 7,138 1,122,325 SH SOLE 1,122,325 - - JACKSONVILLE BANCORP INC MD COM 46924R106 330 17,392 SH SOLE 17,392 - - KEYNOTE SYS INC COM 493308100 148 10,620 SH SOLE 10,620 - - LAKELAND INDS INC COM 511795106 178 47,848 SH SOLE 47,848 - - LATTICE SEMICONDUCTOR CORP COM 518415104 219 40,144 SH SOLE 40,144 - - LEMAITRE VASCULAR INC COM 525558201 3,385 545,919 SH SOLE 545,919 - - LIMONEIRA CO COM 532746104 2,411 124,812 SH SOLE 124,812 - - MOCON INC COM 607494101 3,095 214,921 SH SOLE 214,921 - - NATUS MEDICAL INC DEL COM 639050103 2,275 169,270 SH SOLE 169,270 - - NEW YORK & CO INC COM 649295102 5,334 1,304,039 SH SOLE 1,304,039 - - NORTH AMERN ENERGY PARTNERS COM 656844107 5,315 1,170,720 SH SOLE 1,170,720 - - ONEIDA FINL CORP MD COM 682479100 718 56,500 SH SOLE 56,500 - - PC-TEL INC COM 69325Q105 957 134,725 SH SOLE 134,725 - - PEERLESS SYS CORP COM 705536100 153 43,970 SH SOLE 43,970 - - PEP BOYS MANNY MOE & JACK COM 713278109 4,545 385,525 SH SOLE 385,525 - - PGT INC COM 69336V101 195 28,399 SH SOLE 28,399 - - PIMCO CORPORATE INCOME STRAT COM 72200U100 - 1 SH SOLE 1 - - PIMCO GLOBAL STOCKSPLS INCM COM 722011103 - 1 SH SOLE 1 - - REGIONAL MGMT CORP COM 75902K106 834 41,308 SH SOLE 41,308 - - REIS INC COM 75936P105 1,231 79,187 SH SOLE 79,187 - - RICHARDSON ELECTRS LTD COM 763165107 3,245 273,641 SH SOLE 273,641 - - SPARK NETWORKS INC COM 84651P100 3,793 538,748 SH SOLE 538,748 - - STONERIDGE INC COM 86183P102 6,531 856,015 SH SOLE 856,015 - - SUPERMEDIA INC COM 868447103 588 151,952 SH SOLE 151,952 - - THERAGENICS CORP COM 883375107 1,463 897,349 SH SOLE 897,349 - - THESTREET INC COM 88368Q103 4,935 2,583,654 SH SOLE 2,583,654 - - W P CAREY INC COM 92936U109 1,031 15,300 SH SOLE 15,300 - - WESTFIELD FINANCIAL INC COM 96008P104 470 60,441 SH SOLE 60,441 - - ZIPREALTY INC COM 98974V107 669 183,400 SH SOLE 183,400 - - MULTIBAND CORP COM NEW 62544x209 7,077 2,888,434 SH SOLE 2,888,434 - - OUTDOOR CHANNEL HLDGS INC COM NEW 690027206 2,450 274,659 SH SOLE 274,659 - - POINTS INTL LTD COM NEW 730843208 3,902 244,964 SH SOLE 244,964 - - PRGX GLOBAL INC COM NEW 69357C503 4,527 651,413 SH SOLE 651,413 - - U S CONCRETE INC COM NEW 90333L201 5,835 422,491 SH SOLE 422,491 - - PIMCO HIGH INCOME FD COM SHS 722014107 - 1 SH SOLE 1 - - USA COMPRESSION PARTNERS LP COMUNIT LTD 90290N109 592 29,618 SH SOLE 29,618 - - CALLIDUS SOFTWARE INC NOTE 4.75% 13123EAB0 943 1,000,000 PRN SOLE 1,000,000 - - PULSE ELECTRONICS CORP NOTE 7.00% 74586waa4 4,883 7,000,000 PRN SOLE 7,000,000 - - AV HOMES INC NOTE 7.50% 00234pab8 2,250 2,200,000 PRN SOLE 2,200,000 - - GLOBAL SHIP LEASE INC SHS A Y27183105 1,602 355,975 SH SOLE 355,975 - - TRONOX LTD SHS CL A Q9235V101 199 10,070 SH SOLE 10,070 - -