PDF Solutions, Inc.
|
(Name of Issuer)
|
Common Stock, $0.00015 Par Value Per Share
|
(Title of Class of Securities)
|
693282105
|
(CUSIP Number)
|
December 31, 2016
|
(Date of Event Which Requires Filing of this Statement)
|
CUSIP No
|
693282105
|
1.
|
NAME OF REPORTING PERSONS
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
Cardinal Capital Management, LLC
|
||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
|
(a) [_]
|
||
(b) [x]
|
||
3.
|
SEC USE ONLY
|
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
United States
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||
5.
|
SOLE VOTING POWER
|
|
1,402,806
|
||
6.
|
SHARED VOTING POWER
|
|
0
|
||
7.
|
SOLE DISPOSITIVE POWER
|
|
2,162,922
|
||
8.
|
SHARED DISPOSITIVE POWER
|
|
0
|
||
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
2,162,922
|
||
10.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
[_]
|
||
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
6.9%
|
||
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, IA
|
Item 1.
|
(a).
|
Name of Issuer:
|
|
PDF Solutions, Inc.
|
(b).
|
Address of issuer's principal executive offices:
|
||
333 West San Carlos Street, Suite 1000
San Jose, California 95110
|
Item 2.
|
(a).
|
Name of person filing:
|
|
Cardinal Capital Management, LLC
|
(b).
|
Address or principal business office or, if none, residence:
|
||
Four Greenwich Office Park
Greenwich, Connecticut 06831
|
(c).
|
Citizenship:
|
||
United States
|
(d).
|
Title of class of securities:
|
||
Common Stock, $0.00015 Par Value Per Share
|
(e).
|
CUSIP No.:
|
||
693282105
|
Item 3.
|
If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-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. 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)
|
[_]
|
A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
|
(k)
|
[_]
|
Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:
|
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: 2,162,922
|
|
(b)
|
Percent of class: 6.9%
|
|
(c)
|
Number of shares as to which the person has:
|
(i)
|
Sole power to vote or to direct the vote
|
1,402,806
|
,
|
||
(ii)
|
Shared power to vote or to direct the vote
|
0
|
,
|
||
(iii)
|
Sole power to dispose or to direct the disposition of
|
2,162,922
|
,
|
||
(iv)
|
Shared power to dispose or to direct the disposition of
|
0
|
.
|
||
Instruction: For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
|
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
If this statement is being filed to report the fact 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 [ ].
|
N/A
|
February 13, 2017
|
|
(Date)
|
|
/s/ Robert B. Kirkpatrick
|
|
(Signature)
|
|
Robert B. Kirkpatrick
|
|
By: Robert B. Kirkpatrick
|
|
Title: Managing Partner
|
CARDINAL CAPITAL MANAGEMENT, LLC
|
|
/s/ Robert B. Kirkpatrick
|
|
By: Robert B. Kirkpatrick
|
|
Title: Managing Partner
|
|