Edgar Filing: Smith David E

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Smith David E

2. Issuer Name and Ticker or Trading Symbol
COMMAND SECURITY CORP [MOC]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O COAST ASSET MANAGEMENT, LLC, 2450 COLORADO AVE., STE. 100, EAST TOWER

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2012

(Street)

SANTA MONICA, CA 90404

4. If Amendment, Date 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

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2012		J⁽¹⁾		1,534,285	D	⁽²⁾	0	I	Through Coast Medina, LLC
Common Stock	05/07/2012		J⁽¹⁾		1,534,285	A	⁽²⁾	1,534,285	I	Through Shamus, LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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 Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Smith David E C/O COAST ASSET MANAGEMENT, LLC 2450 COLORADO AVE., STE. 100, EAST TOWER SANTA MONICA, CA 90404		X
Coast Medina, LLC C/O COAST ASSET MANAGEMENT, LLC 2450 COLORADO AVENUE, SUITE 100 SANTA MONICA, CA 90404		X
SHAMUS, LLC 2450 COLORADO AVENUE, SUITE 100 SANTA MONICA, CA 90404		X
Coast Fund, LP 2450 COLORADO AVENUE, SUITE 100 SANTA MONICA, CA 90404		X

Signatures

/s/ David E. Smith (on behalf of himself and the other Reporting Persons)		05/09/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	Coast Medina, LLC ("Medina") and Shamus, LLC ("Shamus") are both wholly owned subsidiaries of The Coast Fund L.P. ("Coast Fund"). On May 7, 2012, Coast Fund engaged in an internal restructuring which resulted in the transfer by Medina of 1,534,285 shares of the common stock, par value $0.0001, of Command Security Corporation to Shamus. Coast Offshore Management (Cayman), Ltd. ("Coast Offshore Management") is the managing general partner of the Coast Fund. David E. Smith is the president of Coast Offshore Management.
(2)	Not applicable.
Remarks: Each of Mr. Smith, Medina, Shamus and the Coast Fund (collectively, the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This Form 4 shall not be deemed to be an admission that any Reporting Person is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose or that any transaction reported hereunder is subject to Section 16.

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