0001008886-15-000023.txt : 20150218 0001008886-15-000023.hdr.sgml : 20150216 20150217173015 ACCESSION NUMBER: 0001008886-15-000023 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CELADON GROUP INC CENTRAL INDEX KEY: 0000865941 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 133361050 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45287 FILM NUMBER: 15624608 BUSINESS ADDRESS: STREET 1: ONE CELADON DRIVE STREET 2: 9503 E 33RD STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46235-4207 BUSINESS PHONE: (317) 972-7000 MAIL ADDRESS: STREET 1: ONE CELADON DRIVE STREET 2: 9503 E 33RD STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46235-4207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RUSSELL STEPHEN CENTRAL INDEX KEY: 0001023971 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: ONE CELAPHON DRIVE CITY: INDIANAPOLIS STATE: IN ZIP: 46236-4207 SC 13G/A 1 schedule13ga.htm SCHEDULE 13G/A (STEPHEN RUSSELL) schedule13ga.htm  


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A



Under the Securities Exchange Act of 1934

(Amendment No. 11 – Exit Filing)*
 
 
CELADON GROUP, INC.
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

 
150838100
(CUSIP Number)

 
December 31, 2014
(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)
   
[  ]
Rule 13d-1(c)
   
[x]
Rule 13d-1(d)

 
*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 the disclosures provided in a prior cover page.

 
The information required in 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).



 


Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.


SEC 1745 (1-06)

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CUSIP No.
150838100
   
1.Names of Reporting Persons
Stephen Russell
I.R.S. Identification Nos. of above persons (entities only)
 
   
2.      Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
(a)  [  ]
 
 
(b)  [  ]
 
 
3.      SEC Use Only
 
4.      Citizenship or Place of Organization
 
United States of America
 
Number of Shares Beneficially Owned by Each Reporting Person With
5.     Sole Voting Power
 
1,005,115(1)(2)
 
6.     Shared Voting Power
 
30,000(3)
 
7.     Sole Dispositive Power
 
1,005,115 (1)(2)
 
8.     Shared Dispositive Power
 
30,000(3)
 
9.      Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,035,115 (1)(2)(3)
 
10.      Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
11.      Percent of Class Represented by Amount in Row (9)
 
4.2%(4)
 
12.      Type of Reporting Person (See Instructions)
 
IN
 

(1)  Includes 405,784 options to purchase, all of which are vested. There are no additional options to purchase exercisable within sixty days.

(2)  Includes 27,000 shares held by Reporting Person's spouse, which the Reporting Person disclaims beneficial ownership of and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.  

(3)  Comprised of 30,000 shares of Common Stock owned by a 501(c)(3) corporation over which Mr. Russell and his spouse may be deemed to have beneficial ownership.
 
(4)  The percentage indicated is based upon 24.6 million shares of Common Stock outstanding, which includes all outstanding shares of restricted Common Stock issued, vested, and outstanding, and 405,784 shares underlying the Reporting Person's options to purchase, all of which are vested. There are no additional options to purchase exercisable within sixty days.


 


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Item 1(a).  Name of Issuer:

Celadon Group, Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:

One Celadon Drive, 9503 E 33rd St, Indianapolis, IN 46235-4207

Item 2(a).  Name of Person Filing:

Stephen Russell

Item 2(b).  Address of Principal Business Office or, if none, Residence:

One Celadon Drive, 9503 E 33rd St, Indianapolis, IN 46235-4207

Item 2(c).  Citizenship:

United States of America

Item 2(d).  Title of Class of Securities:

Common Stock

Item 2(e).  CUSIP Number:

150838100

Item 3.       If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)
[  ]
Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
(b)
[  ]
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[  ]
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
[  ]
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
[  ]
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)
[  ]
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)
[  ]
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)
[  ]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[  ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j)
[  ]
A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k)
[  ]
Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Not applicable.


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Item 4.  Ownership:

(a)
Amount beneficially owned:  1,035,115 (1)(2)(3)
(b)
Percent of class:  4.2%(4)
(c)
Number of shares as to which the person has:
 
(i)
Sole power to vote or to direct the vote: 1,005,115 (1)(2)
 
(ii)
Shared power to vote or to direct the vote:  30,000
 
(iii)
Sole power to dispose or to direct the disposition of:  1,005,115 (1)(2)
 
(iv)
Shared power to dispose or to direct the disposition of:  30,000

Item 5.  Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

During 2014, the reporting person's percentage interest in the issuer dropped below five percent.

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 or Control Person:
Not applicable.

Item 8.  Identification and Classification of Members of the Group:
Not applicable.

Item 9.  Notice of Dissolution of Group:
Not applicable.

Item 10.  Certifications:
Not applicable.

(1)  Includes 405,784 options to purchase, all of which are vested. There are no additional options to purchase exercisable within sixty days.

(2)  Includes 27,000 shares held by Reporting Person's spouse, which the Reporting Person disclaims beneficial ownership of and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.  
 
(3)  Comprised of 30,000 shares of Common Stock owned by a 501(c)(3) corporation over which Mr. Russell and his spouse may be deemed to have beneficial ownership.
 
(4)  The percentage indicated is based upon 24.6 million shares of Common Stock outstanding, which includes all outstanding shares of restricted Common Stock issued, vested, and outstanding and 405,784 shares underlying the Reporting Person's options to purchase, all of which are vested. There are no additional options to purchase exercisable within sixty days.



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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.

February 17, 2015
 
 
 
 /s/ Stephen Russell, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stephen Russell
 







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