UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Amendment No. 1)
Under the Securities Exchange Act of 1934
SUMMER INFANT, INC.
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
(Name of Issuer)
Common Stock, $0.0001 par value
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
(Title of Class of Securities)
865646103
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
(CUSIP Number)
Warren B. Kanders c/o Kanders & Company, Inc. One Landmark Square, 22nd Floor Stamford, Connecticut 06901
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Copy to: Robert L. Lawrence, Esq. Kane Kessler, P.C. 1350 Avenue of the Americas, 26th Floor New York, New York 10019 (212) 541-6222 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
September 11, 2013
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
(Date of Event which requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which 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 / /
CUSIP No. 865646103
| 13D | Page 2 of 4 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warren B. Kanders |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ] |
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS*
PF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
722,197 (See Item 5) |
| 8 | SHARED VOTING POWER
0 (See Item 5) | |
| 9 | SOLE DISPOSITIVE POWER
722,197 (See Item 5) | |
| 10 | SHARED DISPOSITIVE POWER
0 (See Item 5) |
11
| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 722,197 (See Item 5) |
12
| CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ] |
13
| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.0% |
14
| TYPE OF REPORTING PERSON*
IN |
CUSIP No. 865646103
| 13D | Page 3 of 4 Pages |
The Statement of Beneficial Ownership on Schedule 13D filed on November 30, 2012 by Warren B. Kanders relating to the shares of common stock, $0.0001 par value per share of Summer Infant, Inc. is hereby amended by this Amendment No. 1 (collectively, the “Schedule 13D”). Unless specifically amended hereby, the disclosures set forth in the Schedule 13D shall remain unchanged. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Schedule 13D.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is amended and restated as follows:
(a), (b) and (c). As of September 11, 2013, the Reporting Person may be deemed to be the beneficial owner (as such term is defined under Rule 13d-3 under the Exchange Act of 1934, as amended) of 722,197 shares of the Common Stock, constituting approximately 4.0% of the outstanding shares of the Common Stock (the percentage of shares owned being based upon 17,965,682 shares of the Common Stock outstanding as of August 1, 2013, as set forth in Issuer’s most recent quarterly report on Form 10-Q for the quarter ended June 30, 2013, filed with the Securities and Exchange Commission on August 14, 2013), over which the Reporting Person exercises sole voting and dispositive power on behalf of himself.
The Reporting Person has sold shares of the Common Stock in open market transactions with brokers during the last 60 days as follows (prices do not include brokerage commissions):
| Date | Number of Shares | Price Per Share |
| September 4, 2013 | 89,689 | $3.25 |
| September 11, 2013 | 239,314 | $3.30 |
(d). Not Applicable
(e). As of September 11, 2013, the Reporting Person ceased to be the beneficial owner of more than five percent of the Common Stock.
CUSIP No. 865646103
| 13D | Page 4 of 4 Pages |
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this Schedule 13D is true, complete and correct.
Dated: September 18, 2013
/s/ Warren B. Kanders
Warren B. Kanders
