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 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 *
Tsirigakis Prokopios Akis
  2. Issuer Name and Ticker or Trading Symbol
Stellar Acquisition III Inc. [STLRU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Co-CEO, Chairman and President
(Last)
(First)
(Middle)
90 KIFISSIAS AVENUE, MAROUSSI
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2016
(Street)

ATHENS, J3 15125
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)
Code V Amount (A) or (D) Price
Common Stock 09/28/2016   J(1)   35,222 D $ 0 (1) 423,149 I See Footnote (1)
Common Stock 09/28/2016   J(2)   41,634 D $ 0 (2) 500,176 I See Footnote (2)

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Tsirigakis Prokopios Akis
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, J3 15125
  X   X   Co-CEO, Chairman and President  
Astra Maritime Corp
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, J3 15125
    X    
Dominium Investments Inc
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, J3 15125
    X    

Signatures

 /s/Prokopios (Akis) Tsirigakis   09/30/2016
**Signature of Reporting Person Date

 /s/Prokopios (Akis) Tsirigakis Authorized Person, Astra Maritime Corp.   09/30/2016
**Signature of Reporting Person Date

 /s/Prokopios (Akis) Tsirigakis Authorized Person, Dominium Investments Inc.   09/30/2016
**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) As contemplated in connection with the initial public offering of the issuer, 35,222 shares of common stock of the issuer were returned by Astra Maritime Corp. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. Prokopios (Akis) Tsirigakis is the sole officer and director of Astra Maritime Corp.
(2) As contemplated in connection with the initial public offering of the issuer, 41,634 shares of common stock of the issuer were returned by Dominium Investments Inc. to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. Prokopios (Akis) Tsirigakis is the sole officer and director of Dominium Investments Inc.

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