-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T7Y/xUqsyxsXq/5jgrUUw+ccsUSUlVJvdqQao9+c2zduivGq9tQdudFah+RZLPh1 pLdTOS5A4tWCC34It2EfNQ== 0001145839-04-000038.txt : 20040920 0001145839-04-000038.hdr.sgml : 20040920 20040920120157 ACCESSION NUMBER: 0001145839-04-000038 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040920 DATE AS OF CHANGE: 20040920 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DELTA PARTNERS LLC CENTRAL INDEX KEY: 0001145839 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER, SUITE 1600 CITY: BOSTON STATE: MA ZIP: 02111 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PALCE STREET 2: STE 2401 CITY: BOSTON STATE: MA ZIP: 02110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STEINER LEISURE LTD CENTRAL INDEX KEY: 0001018946 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 980164731 STATE OF INCORPORATION: C5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-49405 FILM NUMBER: 041037036 BUSINESS ADDRESS: STREET 1: 770 SOUTH DIXIE HWY. CITY: CORAL GABLES STATE: FL ZIP: 33146 BUSINESS PHONE: 3053589002 MAIL ADDRESS: STREET 1: STE 104A STREET 2: SAFFREY SQ CITY: NASSAU STATE: C5 ZIP: 00000 SC 13G 1 stnr13g_091604.txt ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. ) Steiner Leisure Limited - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, Par Value (US) $0.01 per share - -------------------------------------------------------------------------------- (Title of class of securities) P8744Y102 - -------------------------------------------------------------------------------- (CUSIP number) September 16, 2004 - -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) (Continued on the following pages) - -------------------------------- (1)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 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). ================================================================================ ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. P8744Y102 Page 2 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 943,413 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 943,413 common stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 943,413 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.58% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO, IA ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. P8744Y102 Page 3 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Charles Jobson - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 500 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 959,713 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 500 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 959,713 common stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 960,213 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.68% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. P8744Y102 Page 4 of 10 Pages - ------------------------------ ------------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Christopher Argyrople - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 959,713 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 959,713 common stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 959,713 common stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.67% common stock - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! STATEMENT ON SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: Steiner Leisure Limited ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: Suite 104A Saffrey Square Nassau, Bahamas ITEM 2(a). NAMES OF PERSON FILING: Delta Partners LLC, a Delaware Limited Liability Company Charles Jobson, United States Citizen Christopher Argyrople, United States Citizen ITEM 2(b). BUSINESS MAILING ADDRESS FOR EACH PERSON FILING: Each of the reporting persons & entities has a business address of: One International Place, Suite 2401 Boston, MA 02110 ITEM 2(c). CITIZENSHIP: Shown in item 2(a) above ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, Par Value (US) $0.01 per share ITEM 2(E). CUSIP NUMBER: P8744Y102 ITEM3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: Not Applicable If this statement is filed pursuant to Rule 240,13d-1(c), check this box [x]. Page 5 of 10 ITEM 4. OWNERSHIP: DELTA PARTNERS LLC * (a) Amount Beneficially Owned: 943,413 common stock ------------------------------------------- (b) Percent of Class: 5.58% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 943,413 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 943,413 common stock --------- Page 6 of 10 CHARLES JOBSON * (a) Amount Beneficially Owned: 960,213 common stock ------------------------------------------- (b) Percent of Class: 5.68% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 500 common stock ----------------------- (ii) shared power to vote or to direct the vote: 959,713 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: 500 common stock ------------ (iv)shared power to dispose or to direct the disposition of: 959,713 common stock --------- CHRISTOPHER ARGYROPLE * (a) Amount Beneficially Owned: 959,713 common stock ------------------------------------------- (b) Percent of Class: 5.67% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 959,713 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 959,713 common stock --------- * Shares reported for Delta Partners, LLC, Charles Jobson, and Christopher Argyrople include shares beneficially owned by Prism Partners L.P., Prism Offshore Fund Limited, and Prism Partners QP, LP. Shares reported for Charles Jobson and Christopher Argyrople also inlcude shares beneficially owned by Tetra Capital Partners, L.P. and Tetra Offshore Fund, Ltd. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Page 7 of 10 ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable Page 8 of 10 ITEM 10. CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: September 20, 2004 DELTA PARTNERS LLC By: /s/ Chris Argyrople --------------------------------- Chris Argyrople, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- CHRISTOPHER ARGYROPLE By: Christopher Argyrople --------------------------------- Page 9 of 10 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Steiner Leisure Limited and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amend- ments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts. In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 20th day of September 2004. DELTA PARTNERS LLC By: /s/ Chris Argyrople --------------------------------- Chris Argyrople, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- CHRISTOPHER ARGYROPLE By: Christopher Argyrople --------------------------------- Page 10 of 10 -----END PRIVACY-ENHANCED MESSAGE-----