|
|||||
1 | NAME OF REPORTING PERSON | ||||
I.R.S IDENTIFICATION NO. OF ABOVE PERSON (entities only). | |||||
CHESAPEAKE PARTNERS MANAGEMENT CO., INC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a) o |
|
||||
(b) o | |||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS (See Instructions) | ||||
WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ||||
o |
|
||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
MARYLAND, US | |||||
7 | SOLE VOTING POWER | ||||
None | |||||
8 | SHARED VOTING POWER | ||||
NUMBER
OF
|
|||||
SHARES
|
1,338,660 | ||||
BENEFICIALLY
OWNED
|
9 | SOLE DISPOSITIVE POWER | |||
BY
EACH REPORTING
|
|||||
PERSON
|
None | ||||
WITH
|
10 | SHARED DISPOSITIVE POWER | |||
1,338,660 | |||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
1,338,660 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||
o | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
4.18% based on 31,987,170 shares outstanding as of July 6, 2009. | |||||
14 | TYPE OF REPORTING PERSON | ||||
CO, IA |
|
|||||
1 | NAME OF REPORTING PERSON | ||||
I.R.S IDENTIFICATION NO. OF ABOVE PERSON (entities only). | |||||
MARK D. LERNER | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a) o |
|
||||
(b) o | |||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS (See Instructions) | ||||
WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ||||
o |
|
||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States of America | |||||
7 | SOLE VOTING POWER | ||||
None | |||||
8 | SHARED VOTING POWER | ||||
NUMBER
OF
|
|||||
SHARES
|
1,338,660 | ||||
BENEFICIALLY
OWNED
|
9 | SOLE DISPOSITIVE POWER | |||
BY
EACH REPORTING
|
|||||
PERSON
|
None | ||||
WITH
|
10 | SHARED DISPOSITIVE POWER | |||
1,338,660 | |||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
1,338,660 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||
o | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
4.18% based on 31,987,170 shares outstanding as of July 6, 2009. | |||||
14 | TYPE OF REPORTING PERSON | ||||
IN, HC |
|
|||||
1 | NAME OF REPORTING PERSON | ||||
I.R.S IDENTIFICATION NO. OF ABOVE PERSON (entities only). | |||||
TRACI J. LERNER | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a) o |
|
||||
(b) o | |||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS (See Instructions) | ||||
WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ||||
o |
|
||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States of America | |||||
7 | SOLE VOTING POWER | ||||
None | |||||
8 | SHARED VOTING POWER | ||||
NUMBER
OF
|
|||||
SHARES
|
1,338,660 | ||||
BENEFICIALLY
OWNED
|
9 | SOLE DISPOSITIVE POWER | |||
BY
EACH REPORTING
|
|||||
PERSON
|
None | ||||
WITH
|
10 | SHARED DISPOSITIVE POWER | |||
1,338,660 | |||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
1,338,660 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||
o | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
4.18% based on 31,987,170 shares outstanding as of July 6, 2009. | |||||
14 | TYPE OF REPORTING PERSON | ||||
IN, HC |
Item
2.
|
Identity
and Background
|
Item
5.
|
Interest
in Securities of the Issuer
|
Reporting Persons
|
Number of Shares
|
Percentage of Class
Outstanding
|
CPMC
|
1,338,660
|
4.18%
|
Mr.
Lerner
|
1,338,660
|
4.18%
|
Ms.
Lerner
|
1,338,660
|
4.18%
|
Date: July
14, 2009
|
CHESAPEAKE
PARTNERS MANAGEMENT CO., INC.
|
|
By:
/s/ Mark D.
Lerner
|
||
Name:
Mark D. Lerner
|
||
Title: Vice
President
|
||
Date:
July 14, 2009
|
MARK
D. LERNER
|
|
/s/ Mark D. Lerner
|
||
Date:
July 14, 2009
|
TRACI
LERNER
|
|
/s/ Traci
Lerner
|
Date
of Transaction
|
Nature
of Transaction
|
Number
of Shares
|
Price
per Share
(rounded)
|
5/15/2009
|
SELL
|
8,800
|
$0.38
|
5/18/2009
|
SELL
|
729
|
$0.37
|
5/19/2009
|
SELL
|
12,901
|
$0.36
|
5/20/2009
|
SELL
|
907
|
$0.36
|
5/21/2009
|
SELL
|
100
|
$0.36
|
5/22/2009
|
SELL
|
200
|
$0.35
|
5/26/2009
|
SELL
|
200
|
$0.35
|
5/27/2009
|
SELL
|
65,100
|
$0.35
|
5/28/2009
|
SELL
|
26,304
|
$0.36
|
5/29/2009
|
SELL
|
1,283
|
$0.36
|
6/2/2009
|
SELL
|
3,044
|
$0.35
|
6/5/2009
|
SELL
|
200
|
$0.34
|
6/8/2009
|
SELL
|
100
|
$0.34
|
6/30/2009
|
SELL
|
100
|
$0.30
|
7/1/2009
|
SELL
|
5,300
|
$0.30
|
7/2/2009
|
SELL
|
200
|
$0.30
|
7/13/2009
|
SELL
|
13,502
|
$0.25
|
7/13/2009
|
SELL
|
11,607
|
$0.25
|
Date
of Transaction
|
Nature
of Transaction
|
Number
of Shares
|
Price
per Share
(rounded)
|
5/15/2009
|
SELL
|
8,100
|
$0.38
|
5/18/2009
|
SELL
|
600
|
$0.37
|
5/19/2009
|
SELL
|
11,800
|
$0.36
|
5/20/2009
|
SELL
|
800
|
$0.36
|
5/21/2009
|
SELL
|
100
|
$0.36
|
5/22/2009
|
SELL
|
100
|
$0.35
|
5/26/2009
|
SELL
|
200
|
$0.35
|
5/27/2009
|
SELL
|
59,900
|
$0.35
|
5/28/2009
|
SELL
|
24,200
|
$0.36
|
5/29/2009
|
SELL
|
1,100
|
$0.36
|
6/2/2009
|
SELL
|
2,900
|
$0.35
|
6/5/2009
|
SELL
|
200
|
$0.34
|
7/1/2009
|
SELL
|
4,800
|
$0.30
|
7/2/2009
|
SELL
|
100
|
$0.30
|
7/13/2009
|
SELL
|
23,100
|
$0.25
|