|
1)
|
Names
of Reporting Persons.
I.R.S.
Identification Nos. of Above Persons (entities
only)
White
Pine Capital, LLC
|
|
|
|
||
|
2)
|
Check
the Appropriate Box if a Member of a Group
(See
Instructions)
N/A
|
(a)
[ ]
(b)
[ ]
|
|
|
||
|
3)
|
SEC
Use Only
|
|
|
|
||
|
4)
|
Citizenship
or Place of Organization
Delaware
|
|
|
|
||
|
Number
of Shares
Beneficially
Owned
by Each
Reporting
Person
With
|
5)
6)
7)
8)
|
Sole
Voting Power
120,635
Shared
Voting Power
Sole
Dispositive Power
120,635
Shared
Dispositive Power
|
|
9)
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person
120,635
shares
|
|
|
|
10)
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
(See
Instructions)
N/A
|
[ ]
|
|
|
||
|
11)
|
Percent
of Class Represented by Amount in Item 9
2.8%
|
|
|
|
||
|
12)
|
Type
of Reporting Person (See Instructions)
IA
|
|
|
|
||
|
(A)
|
NAME
OF ISSUER
|
|
Appliance
Recycling Centers of America
|
|
|
(B)
|
ADDRESS
OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE
|
|
7400
Excelsior Blvd
|
|
|
Minneapolis,
MN 55426
|
|
(A)
|
NAME
OF PERSONS FILING
|
|
White
Pine Capital, LLC
|
|
|
(B)
|
ADDRESS
OF PRINCIPAL BUSINESS OFFICE OR IF NONE,
RESIDENCE
|
|
60
South Sixth Street, Suite 2530, Minneapolis, MN
55402
|
|
|
(C)
|
CITIZENSHIP
|
|
Delaware
|
|
|
(D)
|
TITLE
OF CLASS OF SECURITIES
|
|
Common
Stock
|
|
|
(E)
|
CUSIP
NUMBER
|
|
03814F205
|
|
(a)
|
___
Broker or dealer registered under section 15 of the Act (15 U.S.C.
78o).
|
|
|
(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 240.13d-
1(b)(1)(ii)(E).
|
|
|
(f)
|
___
An employee benefit plan or endowment fund in accordance with
240.13d-1(b)(1)(ii)(F).
|
|
|
(g)
|
___
A parent holding company or control person in accordance with
240.13d-1(b)(1)(ii)(G)
|
|
|
(h)
|
___
A savings association as defined 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 section 3(c)(14) of the Investment Company Act of
1940 (15
U.S.C. 80a-3).
|
|
|
(j)
|
___
Group, in accordance with section
240.13d-1(b)(1)(ii)(J).
|
|
(a)
|
Amount
beneficially owned:
|
|
|
120,635
|
|
(b)
|
Percent
of class:
|
|
|
2.8%
|
||
|
(c)
|
Number
of shares as to which the person has:
|
|
|
(i)
|
Sole
power to vote or to direct the vote:
|
|
|
120,635
|
||
|
(ii)
|
Shared
power to vote or to direct the vote:
|
|
|
(iii)
|
||
|
120,635
|
||
|
(iv)
|
Shared
power to dispose or to direct the disposition of:
|
| ITEM 7. |
IDENTIFICATION
AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
|
|
By:
|
/s/
Michael S. Wallace
|
|
Name:
Michael S. Wallace
|
|
|
Title:
Principal
|