<SEC-DOCUMENT>0001144204-15-073450.txt : 20151230
<SEC-HEADER>0001144204-15-073450.hdr.sgml : 20151230
<ACCEPTANCE-DATETIME>20151230172442
ACCESSION NUMBER:		0001144204-15-073450
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20151229
FILED AS OF DATE:		20151230
DATE AS OF CHANGE:		20151230

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gyrodyne, LLC
		CENTRAL INDEX KEY:			0001589061
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		IRS NUMBER:				463838291
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1 FLOWERFIELD, SUITE 24
		CITY:			ST. JAMES
		STATE:			NY
		ZIP:			11780
		BUSINESS PHONE:		631-584-5400

	MAIL ADDRESS:	
		STREET 1:		1 FLOWERFIELD, SUITE 24
		CITY:			ST. JAMES
		STATE:			NY
		ZIP:			11780

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FAKHRY JAD
		CENTRAL INDEX KEY:			0001588217

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37547
		FILM NUMBER:		151314244

	MAIL ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POPLAR POINT CAPITAL MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001588273
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37547
		FILM NUMBER:		151314246

	BUSINESS ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
		BUSINESS PHONE:		650-239-9049

	MAIL ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POPLAR POINT CAPITAL GP LLC
		CENTRAL INDEX KEY:			0001588288
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37547
		FILM NUMBER:		151314245

	BUSINESS ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
		BUSINESS PHONE:		650-239-9049

	MAIL ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010

	FORMER NAME:	
		FORMER CONFORMED NAME:	POPLAR POINT GP LLC
		DATE OF NAME CHANGE:	20131002

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POPLAR POINT CAPITAL PARTNERS LP
		CENTRAL INDEX KEY:			0001588289
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37547
		FILM NUMBER:		151314247

	BUSINESS ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
		BUSINESS PHONE:		650-239-9049

	MAIL ADDRESS:	
		STREET 1:		840 HINCKLEY ROAD, SUITE 250
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>v428117_3.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2015-12-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001589061</issuerCik>
        <issuerName>Gyrodyne, LLC</issuerName>
        <issuerTradingSymbol>GYRO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001588289</rptOwnerCik>
            <rptOwnerName>POPLAR POINT CAPITAL PARTNERS LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>840 HINCKLEY ROAD, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BURLINGAME</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001588273</rptOwnerCik>
            <rptOwnerName>POPLAR POINT CAPITAL MANAGEMENT LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>840 HINCKLEY ROAD, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BURLINGAME</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001588288</rptOwnerCik>
            <rptOwnerName>POPLAR POINT CAPITAL GP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>840 HINCKLEY ROAD, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BURLINGAME</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001588217</rptOwnerCik>
            <rptOwnerName>FAKHRY JAD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>840 HINCKLEY ROAD, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BURLINGAME</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>179904</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 3 is being jointly filed by Poplar Point Capital Management LLC (&quot;PPCM&quot;), Poplar Point Capital Partners LP (&quot;PPCP&quot;), Poplar Point Capital GP LLC (&quot;PPCGP&quot;), and Mr. Jad Fakhry (collectilvely with PPCM, PPCP and PPCGP, the &quot;Reporting Persons&quot;) with respect to shares of common stock of the abvove-named issuer owned by PPCP. PPCM in the investment manager for PPCP. PPCGP is the general partner of PPCP. Mr. Fakhry is the manager of PPCM and PPCGP, and owns a controlling interest in, PPCM and PPCGP. The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jad Fakhry</signatureName>
        <signatureDate>2015-12-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
