UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Key Colony Management, LLC
10825 Financial Centre Parkway, Suite 100,
Little Rock, AR 72211
with a copy to:
W. Scott Wallace
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202-3789
(214) 651-5587
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.o
Note:Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. | 51206P109 |
1. | NAMES OF REPORTING PERSONS Key Colony Fund, L.P. | ||||||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | ||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3. | SEC USE ONLY | ||||||||||
4. | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
WC | |||||||||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7. | SOLE VOTING POWER | ||||||||||
NUMBER OF | 1,231,000 | ||||||||||
SHARES | 8. | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9. | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,231,000 | ||||||||||
WITH | 10. | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,231,000 | |||||||||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
4.7% | |||||||||||
14. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
PN |
CUSIP No. | 51206P109 |
1. | NAMES OF REPORTING PERSONS Key Colony Management, LLC | ||||||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | ||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3. | SEC USE ONLY | ||||||||||
4. | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
AF | |||||||||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Arkansas | |||||||||||
7. | SOLE VOTING POWER | ||||||||||
NUMBER OF | 1,231,000 | ||||||||||
SHARES | 8. | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9. | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,231,000 | ||||||||||
WITH | 10. | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,231,000 | |||||||||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
4.7% | |||||||||||
14. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
OO |
CUSIP No. | 51206P109 |
1. | NAMES OF REPORTING PERSONS Alex R. Lieblong | ||||||||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | ||||||||||
(a) o | |||||||||||
(b) þ | |||||||||||
3. | SEC USE ONLY | ||||||||||
4. | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
AF | |||||||||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
United States | |||||||||||
7. | SOLE VOTING POWER | ||||||||||
NUMBER OF | 1,231,000 | ||||||||||
SHARES | 8. | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9. | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 1,231,000 | ||||||||||
WITH | 10. | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
1,231,000 | |||||||||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
4.7% | |||||||||||
14. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
IN |
Shares | Shares | Price Per | Description | |||||||||||||||||
Transaction Date | Acquired | Disposed | Share1 | Commission | of Transaction | |||||||||||||||
July 1, 2010 | 0 | 7,300 | 1.5544 | 0.20 | Open market sale | |||||||||||||||
July 2, 2010 | 0 | 7,000 | 1.4300 | 0.17 | Open market sale | |||||||||||||||
July 7, 2010 | 0 | 15,000 | 1.2958 | 0.33 | Open market sale | |||||||||||||||
July 8, 2010 | 0 | 14,489 | 1.3071 | 0.33 | Open market sale | |||||||||||||||
July 9, 2010 | 0 | 14,500 | 1.3119 | 0.33 | Open market sale | |||||||||||||||
July 12, 2010 | 0 | 12,000 | 1.3568 | 0.28 | Open market sale | |||||||||||||||
July 13, 2010 | 0 | 6,000 | 1.5294 | 0.16 | Open market sale | |||||||||||||||
July 14, 2010 | 0 | 8,500 | 2.5793 | 0.38 | Open market sale | |||||||||||||||
July 15, 2010 | 0 | 21,417 | 2.2287 | 0.81 | Open market sale | |||||||||||||||
July 16, 2010 | 0 | 6,000 | 2.1093 | 0.22 | Open market sale | |||||||||||||||
July 19, 2010 | 0 | 3,000 | 2.1472 | 0.11 | Open market sale | |||||||||||||||
July 20, 2010 | 0 | 2,300 | 2.1533 | 0.09 | Open market sale | |||||||||||||||
July 21, 2010 | 0 | 3,582 | 2.1941 | 0.14 | Open market sale | |||||||||||||||
July 22, 2010 | 0 | 1,000 | 2.2201 | 0.04 | Open market sale | |||||||||||||||
July 23, 2010 | 0 | 7,000 | 2.3372 | 0.28 | Open market sale | |||||||||||||||
July 26, 2010 | 0 | 5,900 | 2.5410 | 0.26 | Open market sale |
Price | ||||||||||||||||||||
Transaction | Shares | Shares | Per | Description | ||||||||||||||||
Date | Acquired | Disposed | Share1 | Commission | of Transaction | |||||||||||||||
July 27, 2010 | 0 | 4,000 | 2.4536 | 0.17 | Open market sale | |||||||||||||||
July 28, 2010 | 0 | 6,500 | 2.3052 | 0.26 | Open market sale | |||||||||||||||
July 29, 2010 | 0 | 13,000 | 2.5229 | 0.56 | Open market sale | |||||||||||||||
July 30, 2010 | 0 | 2,000 | 2.4060 | 0.09 | Open market sale | |||||||||||||||
August 2, 2010 | 0 | 2,000 | 2.4350 | 0.09 | Open market sale | |||||||||||||||
August 3, 2010 | 0 | 1,000 | 2.4300 | 0.05 | Open market sale | |||||||||||||||
August 4, 2010 | 0 | 1,540 | 2.3665 | 0.07 | Open market sale | |||||||||||||||
August 5, 2010 | 0 | 1,000 | 2.2835 | 0.04 | Open market sale | |||||||||||||||
August 6, 2010 | 0 | 1,000 | 2.3262 | 0.04 | Open market sale | |||||||||||||||
August 9, 2010 | 0 | 6,000 | 2.1958 | 0.23 | Open market sale | |||||||||||||||
August 10, 2010 | 0 | 5,000 | 2.0626 | 0.18 | Open market sale | |||||||||||||||
August 11, 2010 | 0 | 6,000 | 2.0101 | 0.21 | Open market sale | |||||||||||||||
August 20, 2010 | 0 | 4,300 | 2.0079 | 0.15 | Open market sale | |||||||||||||||
August 23, 2010 | 0 | 1,000 | 2.0610 | 0.04 | Open market sale | |||||||||||||||
August 24, 2010 | 0 | 3,760 | 1.8938 | 0.13 | Open market sale | |||||||||||||||
August 25, 2010 | 0 | 1,000 | 1.8900 | 0.04 | Open market sale | |||||||||||||||
August 26, 2010 | 0 | 1,500 | 1.8600 | 0.05 | Open market sale | |||||||||||||||
August 27, 2010 | 0 | 1,000 | 1.9201 | 0.04 | Open market sale | |||||||||||||||
August 30, 2010 | 0 | 1,000 | 1.8920 | 0.04 | Open market sale |
1 | Price per share excludes commissions |
Exhibit | Description of Exhibit | |
99.1 | Joint Filing Agreement (incorporated herein by reference from Exhibit 99.1 to the Schedule 13D relating to the common stock of the issuer filed March 31, 2010 by the reporting person with the Commission) |
Date: September 7, 2010 | KEY COLONY FUND, L.P. | |||
By: | Key Colony Management, LLC | |||
Title: General Partner | ||||
By: | /s/ Alex R. Lieblong | |||
Name: | Alex R. Lieblong | |||
Title: | Managing Member | |||
KEY COLONY MANAGEMENT, LLC | ||||
By: | /s/ Alex R. Lieblong | |||
Name: | Alex R. Lieblong | |||
Title: | Managing Member | |||
ALEX R. LIEBLONG | ||||
By: | /s/ Alex R. Lieblong | |||
Name: | Alex R. Lieblong | |||
Exhibit | Description of Exhibit | |
99.1 | Joint Filing Agreement (incorporated herein by reference from Exhibit 99.1 to the Schedule 13D relating to the common stock of the issuer filed March 31, 2010 by the reporting person with the Commission) |