The following constitutes Amendment No. 6 (“Amendment No. 6”) to the Schedule 13D filed by the undersigned (the “Schedule 13D”). This Amendment No. 6 amends the Schedule 13D as specifically set forth.
The first paragraph of Item 3 is hereby amended and restated to read as follows:
The aggregate purchase price of the 160,321 Shares owned in the aggregate by Crescendo Partners II and Crescendo Partners III is approximately $2,516,517. The Shares owned by Crescendo Partners II and Crescendo Partners III were acquired with partnership funds.
The 5,738 Shares owned by Mr. Ajdler were awarded to him in his capacity as a director of the Issuer.
Item 5(a) is hereby amended and restated to read as follows:
(a) The aggregate percentage of Shares reported owned by each person named herein is based upon 6,351,647 Shares outstanding, which is the total number of Shares reported to be outstanding as of January 18, 2011 in the Issuer’s Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on January 24, 2011.
As of the close of business on January 31, 2011, Crescendo Partners II beneficially owned 85,277 Shares, constituting approximately 1.3% of the Shares outstanding. As the general partner of Crescendo Partners II, Crescendo Investments II may be deemed to beneficially own the 85,277 Shares owned by Crescendo Partners II, constituting approximately 1.3% of the Shares outstanding. As the managing member of Crescendo Investments II, which in turn is the general partner of Crescendo Partners II, Mr. Rosenfeld may be deemed to beneficially own the 85,277 Shares owned by Crescendo Partners II, constituting approximately 1.3% of the Shares outstanding. Mr. Rosenfeld has sole voting and dispositive power with respect to the 85,277 Shares owned by Crescendo Partners II by virtue of his authority to vote and disp ose of such Shares. Crescendo Investments II and Mr. Rosenfeld disclaim beneficial ownership of the Shares held by Crescendo Partners II, except to the extent of their pecuniary interest therein.
As of the close of business on January 31, 2011, Crescendo Partners III beneficially owned 75,044 Shares, constituting approximately 1.2% of the Shares outstanding. As the general partner of Crescendo Partners III, Crescendo Investments III may be deemed to beneficially own the 75,044 Shares owned by Crescendo Partners II, constituting approximately 1.2% of the Shares outstanding. As the managing member of Crescendo Investments III, the general partner of Crescendo Partners III, Mr. Rosenfeld may be deemed to beneficially own the 75,044 Shares owned by Crescendo Partners III, constituting approximately 1.2% of the Shares outstanding. Mr. Rosenfeld has sole voting and dispositive power with respect to the 75,044 Shares owned by Crescendo Partners III by virtue of his authority to vote and dispose of suc h Shares. Crescendo Investments III and Mr. Rosenfeld disclaim beneficial ownership of the Shares held by Crescendo Partners III, except to the extent of their pecuniary interest therein.
As of the close of business on January 31, 2011, Mr. Ajdler beneficially owned 5,738 Shares, constituting less than one percent of the Shares outstanding. Mr. Ajdler, as a member of a “group” for the purposes of Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended, may be deemed to beneficially own the 85,277 Shares owned by Crescendo Partners II and the 75,044 Shares owned by Crescendo Partners III. Mr. Ajdler disclaims beneficial ownership of the Shares owned by Crescendo Partners II and Crescendo Partners III.
Item 5(c) is hereby amended to add the following:
(c) On January 28, 2011, Crescendo Partners II effected a distribution of 512,412 Shares to limited partners of Crescendo Partners II.
Schedule A annexed hereto lists all additional transactions in the Shares by the Reporting Persons during the past 60 days. All of such transactions were effected in the open market.
Item 5(e) is hereby amended and restated to read as follows:
(e) As of January 28, 2011, the Reporting Persons ceased to be beneficial owners of more than 5% of the securities of the Issuer.
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: February 1, 2011 | CRESCENDO PARTNERS II, L.P., SERIES K |
| |
| By: | Crescendo Investments II, LLC |
| | General Partner |
| |
| By: | |
| Name: | Eric Rosenfeld |
| Title: | Managing Member |
| CRESCENDO INVESTMENTS II, LLC |
| |
| By: | |
| Name: | Eric Rosenfeld |
| Title: | Managing Member |
| CRESCENDO PARTNERS III, L.P. |
| |
| By: | Crescendo Investments III, LLC |
| | General Partner |
| |
| By: | |
| Name: | Eric Rosenfeld |
| Title: | Managing Member |
| CRESCENDO INVESTMENTS III, LLC |
| |
| By: | |
| Name: | Eric Rosenfeld |
| Title: | Managing Member |
SCHEDULE A
Transactions in the Shares in the Past 60 Days
Shares of Common Stock (Sold) | Price Per Share($U.S.) | Date of (Sale) |
| | | |
CRESCENDO PARTNERS II, L.P., SERIES BB |
(9,033) | | 42.9912 | 01/28/11 |
(2,874) | | 42.1939 | 01/31/11 |
| | | |
CRESCENDO PARTNERS III, L.P. |
(7,267) | | 42.9912 | 01/28/11 |
(2,312) | | 42.1939 | 01/31/11 |