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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | 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 control number. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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 at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Deinard Theodore C/O WUERSCH AND GERING LLP 100 WALL STREET 10TH FLOOR NEW YORK, NY 10005 |
 X |  |  |  |
/s/ Theodore Deinard | 08/14/2018 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | See remarks. |
 Remarks: Explanation of Responses:  This report discloses securities of ELST acquired in public market transactions and beneficially owned by the reporting person as of the date on which the reporting person became subject to the reporting obligation on Form 3 under Section 16 of the Securities Exchange Act of 1934, as amended, with respect to the appointment of the reporting person as a director of the issuer on June 5, 2015.  Such Form 3 should have been filed within the applicable Form 3 reporting period following such June 5, 2015 appointment of the reporting person as director of the issuer.  A Form 5 should have been filed on or before February 15, 2016 in respect of such late Form 3 report.  This Form 5 is hereby filed in respect of the late filings of both the initial Form 3 and the Form 5 that were not filed in a timely manner.  The reporting person ceased to be a director of the issuer on June 1, 2018.  No securities of the issuer were acquired or disposed of, or otherwise beneficially owned, by the reporting person during the period of service of the reporting person as a director of the issuer. |