-----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, WPYPomrOvfh6KSa51x2+1RzBdScKm7z3zJLNZsY3tl4YAW5xj7XpVmjss4FAnJPE SmazAWtUSCKJM2hTuaDxew== 0001056868-11-000004.txt : 20110211 0001056868-11-000004.hdr.sgml : 20110211 20110210175312 ACCESSION NUMBER: 0001056868-11-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110211 DATE AS OF CHANGE: 20110210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LABRANCHE & CO INC CENTRAL INDEX KEY: 0001089044 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 134064735 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-56767 FILM NUMBER: 11593987 BUSINESS ADDRESS: STREET 1: ONE EXCHANGE PLAZA CITY: NEW YORK STATE: NY ZIP: 10006-3008 BUSINESS PHONE: 2128200400 MAIL ADDRESS: STREET 1: ONE EXCHANGE PLAZA CITY: NEW YORK STATE: NY ZIP: 10006-3008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUMMIT CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001056868 IRS NUMBER: 911723315 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 600 UNIVERSITY ST STREET 2: SUITE 2304 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 2064476200 MAIL ADDRESS: STREET 1: 600 UNIVERSITY ST STREET 2: SUITE 2304 CITY: SEATTLE STATE: WA ZIP: 98101 SC 13G 1 LAB13g.txt LAB 13G 12-31-10 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G Under the Securities and Exchange Act of 1934 (Amendment No. 1)* LABRANCHE & CO INC (Name of issuer) Common Stock, no par value per share (Title of Class of Securities) 505447105 (Cusip Number) December 31, 2010 (Date of the 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. 505447102 1. Names of Reporting Persons. Summit Capital Management, 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 - WASHINGTON STATE Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 3150300 6. Shared Voting Power None 7. Sole Dispositive Power 3150300 8. Shared Dispositive Power None 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3150300 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9) 7.70% 12. Type of Reporting Person (See Instructions) IA Item 1. (a) Name of Issuer LABRANCHE & CO INC (b) Address of Issuer's Principal Executive Offices 1 EXCHANGE PLAZA NEW YORK NY 10006-3008 Item 2. (a) Name of Person Filing (a) SUMMIT CAPITAL MANAGEMENT, LLC (b) Address of Principal Business Office or, if none, Residence 600 UNIVERSITY STREET, SUITE 2304 SEATTLE, WA 98101 (c) Citizenship WASHINGTON (d) Title of Class of Securities COMMON STOCK (e) CUSIP Number 505447105 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: [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). [ X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). [ ] An employee benefit plan or endowment fund in accordance with 240.13d- 1(b)(1)(ii)(F). [ ] A parent holding company or control person in accordance with 240.13d- 1(b)(1)(ii)(G). [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). [ ] 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). [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(j). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(k). 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. Amount beneficially owned: 3150300 Percentage of class: 7.70% Number of shares as to which person has: Sole power to vote or direct the vote: 3150300 Shared power to vote or direct the vote: None Sole power to dispose or to direct the disposition of: 3150300 Shared power to dispose or to direct the disposition of: None 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. [ ] Item 6. Ownership of More than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employees benefit plan, pension fund or endowment fund is not required. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. If a parent holding company has filed this schedule, pursuant to Rule 13d- 1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d- 1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A Item 8. Identification and Classification of Members of the Group If a group has filed this schedule pursuant to 240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to 240.13d-1(c) or 240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A Item 9. Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transaction sin the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A Item 10. Certification (a) The following certification shall be included if the statement is filed pursuant to 240.13d-1(b): 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 affect 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. (b) The following certification shall be included if the statement is filed pursuant to 240.13d-1(c): 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. 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: February 9, 2011 Summit Capital Management LLC Signature: Matthew C. Rudolf Name/Title Chief Operating Officer The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----