-----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, BH4dMOMWTBU3+mVzCSL3Dl9I/018mJsWlJsOV5jpL614xJzuwsNKeS0/6sIi/lQW /3P4ThSVyjNuZGP4wZ5bQw== 0000913849-06-000104.txt : 20060130 0000913849-06-000104.hdr.sgml : 20060130 20060130145810 ACCESSION NUMBER: 0000913849-06-000104 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060130 DATE AS OF CHANGE: 20060130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLARK INC CENTRAL INDEX KEY: 0001063980 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 522103926 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54813 FILM NUMBER: 06561488 BUSINESS ADDRESS: STREET 1: 102 S WYNSTONE PARK DR STREET 2: STE 200 CITY: NORTH BARRINGTON STATE: IL ZIP: 60010 BUSINESS PHONE: 8473045800 MAIL ADDRESS: STREET 1: 102 S WYNSTONE PARK DR STREET 2: STE 200 CITY: NORTH BARRINGTON STATE: IL ZIP: 60010 FORMER COMPANY: FORMER CONFORMED NAME: CLARK/BARDES INC DATE OF NAME CHANGE: 19980612 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SKYLINE ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001024716 IRS NUMBER: 364023693 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 311 SOUTH WACKER DRIVE STREET 2: SUITE 4500 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129130900 MAIL ADDRESS: STREET 1: 311 SOUTH WACKER DRIVE STREET 2: SUITE 4500 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G 1 s13g_012606.htm SCHEDULE 13G Schedule 13G



 

 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No. _______)*
 
Clark, Inc.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
 
181457102
 
(CUSIP Number)
 
December 31, 2005
(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)
 
o 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).
 
 
1 of 5 pages

 
 
CUSIP No.
181457102
 
 
1. Names of Reporting Persons.
     I.R.S. Identification Nos. of above persons (entities only).
 
Skyline Asset Management, LP - 36-4023693
 
2. Check the Appropriate Box if a Member of a Group (See Instructions)
 
(a)
Not Applicable
 
(b)
Not Applicable
 
3. SEC Use Only
 
 
4. Citizenship or Place of Organization
Delaware
 
Number of
Shares Bene-
ficially
Owned by Each
Reporting
Person With:
5. Sole Voting Power
 
6. Shared Voting Power
867,900
 
7. Sole Dispositive Power
 
 
8. Shared Dispositive Power    923,000
 
 
9. Aggregate Amount Beneficially Owned by Each Reporting Person
923,000
 
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
Not Applicable
 
11. Percent of Class Represented by Amount in Row (9)
5.25%
 
12. Type of Reporting Person (See Instructions)
 
IA - Investment Adviser
 


2 of 5 pages

 
Item 1.  
 
 
(a)  
Name of Issuer
 
          Clark, Inc.
 
(b)  
Address of Issuer’s Principal Executive Offices
 
  102 South Wynstone Park Drive, North Barrington, Illinois
 
Item 2.  
 
 
(a)  
Name of Person Filing
 
  The Shares reported herein are held by Skyline Asset Management, LP (“Skyline”) as investment adviser to certain client 
  accounts (“accounts”) over which Skyline exercises discretion.
 
(b)  
Address of Principal Business Office or, if none, Residence
 
  311 South Wacker Drive, Chicago, Illinois 60606
 
(c)  
Citizenship
 
  Delaware Limited Partnership
 
(d)  
Title of Class of Securities
 
  Common Stock
 
(e)  
CUSIP Number
 
  181457102
 
Item 3.  
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
(a)  
o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 
(b)  
o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
(c)  
o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
(d)  
o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
(e)  
x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
 
(f)  
o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
 
(g)  
o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
 
(h)  
o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
 
(i)  
o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the
         Investment Company Act of 1940 (15 U.S.C. 80a-3).
 
(j)  
o Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
Item 4.  
Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
3 of 5 pages

 
(a)  
Amount beneficially owned:
 
  923,000
 
(b)  
Percent of class:
 
  5.25%
 
(c)  
Number of shares as to which the person has:
 
(i)  
Sole power to vote or to direct the vote NONE.
 
(ii)  
Shared power to vote or to direct the vote 867,900*.
 
(iii)  
Sole power to dispose or to direct the disposition of NONE.
 
(iv)  
Shared power to dispose or to direct the disposition of 923,000*.
 
* The filing of this Schedule 13G shall not be construed as an admission that Skyline is, for purposes of Section 13(d) and 13(g) of the Securities Exchange Act of 1934, the beneficial owner of any securities covered by this statement. However, pursuant to Rule 13d-3(a), all shares beneficially owned by the accounts, with respect to which Skyline has been delegated shared voting power and shared dispositive power, are considered to be shares beneficially owned by Skyline solely by reason of such designated powers.
 
Item 5.  
Ownership of Five Percent or Less of a Class.
 
Not Applicable.
 
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
 
4 of 5 pages

 

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 25, 2006
 
Date
 
 
/s/ Deanna B. Marotz
 
Signature
 
 
Deanna B. Marotz / Chief Compliance Officer
 
Name/Title
 
 
5 of 5 pages
 
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