-----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, QOhJJOOAugyj/EbJrqkiV5L1Lmc0mlhg40BmzAGgTVfV/+zo82jxjI7ET1kduVbw cVg6ogJfDkPEuKp/Yuv80Q== 0000891804-07-000058.txt : 20070109 0000891804-07-000058.hdr.sgml : 20070109 20070109110823 ACCESSION NUMBER: 0000891804-07-000058 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070109 DATE AS OF CHANGE: 20070109 GROUP MEMBERS: SKYLANDS CAPITAL LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FACTORY CARD & PARTY OUTLET CORP CENTRAL INDEX KEY: 0001024441 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 363652087 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49243 FILM NUMBER: 07519357 BUSINESS ADDRESS: STREET 1: 2727 DIEHL RD CITY: NAPERVILLE STATE: IL ZIP: 60563 BUSINESS PHONE: 6305792000 MAIL ADDRESS: STREET 1: 745 BIRGINAL DRIVE CITY: BENSENVILLE STATE: IL ZIP: 60106 FORMER COMPANY: FORMER CONFORMED NAME: FACTORY CARD OUTLET CORP DATE OF NAME CHANGE: 19961008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Skylands Capital, LLC CENTRAL INDEX KEY: 0001299910 IRS NUMBER: 200775613 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1200 NORTH MAYFAIR ROAD STREET 2: SUITE 250 CITY: MILWAUKEE STATE: WI ZIP: 53226 BUSINESS PHONE: 414-256-3380 MAIL ADDRESS: STREET 1: 1200 NORTH MAYFAIR ROAD STREET 2: SUITE 250 CITY: MILWAUKEE STATE: WI ZIP: 53226 SC 13G/A 1 factcard13g.txt FACTORY CARD & PARTY OUTLET CORP. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* Factory Card & Party Outlet Corp. --------------------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 303051106 --------- (CUSIP Number) December 31, 2006 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / X / Rule 13d-1(b) / / Rule 13d-1(c) / / 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). CUSIP NO. 303051106 13G 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Skylands Capital, LLC 20-0775613 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 Wisconsin NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 189,602 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 189,602 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 189,602 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA CUSIP NO. 303051106 13G ITEM 1 (a) NAME OF ISSUER Factory Card & Party Outlet Corp. ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 2727 Diehl Road Naperville, IL 60563-2371 ITEM 2 (a) NAME OF PERSON FILING Skylands Capital, LLC ITEM 2 (b) ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE 1200 North Mayfair Road, Suite 250 Milwaukee, WI 53226 ITEM 2 (c) CITIZENSHIP Wisconsin Limited Liability Company ITEM 2 (d) TITLE OF CLASS OF SECURITIES Common stock ITEM 2 (e) CUSIP NUMBER 303051106 ITEM 3 THIS STATEMENT IS FILED PURSUANT TO PARAGRAPH 240.13d-1(b) AND THE PERSON FILING IS: (e) an investment advisor in accordance with paragraph 240. 13d-1(b)(1)(ii)(E) ITEM 4 OWNERSHIP: ITEM 4 (a) AMOUNT BENEFICIALLY OWNED: 189,602 ITEM 4 (b) PERCENT OF CLASS: 5.7% ITEM 4 (c) NUMBER OF SHARES AS TO WHICH THE PERSON HAS: (i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 189,602 (ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE 0 (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 189,602 (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 0 ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS N/A CUSIP NO. 303051106 13G ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON The shares reported are held in four private investment funds and one separate account managed by Skylands Capital, LLC. No one fund or person beneficially owns more than 5% of the outstanding shares. ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: N/A ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP N/A ITEM 9 NOTICE OF DISSOLUTION OF THE GROUP N/A ITEM 10 CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. January 5, 2007 --------------------- Date BY: /s/ Pamela A. Cavanaugh ------------------------- Signature Vice President & Treasurer ---------------------------- Skylands Capital, LLC ---------------------------- Title -----END PRIVACY-ENHANCED MESSAGE-----