0000905148-05-001416.txt : 20120626
0000905148-05-001416.hdr.sgml : 20120626
20050307162608
ACCESSION NUMBER: 0000905148-05-001416
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050307
DATE AS OF CHANGE: 20050307
GROUP MEMBERS: CHESAPEAKE PARTNERS INTERNATIONAL LTD.
GROUP MEMBERS: CHESAPEAKE PARTNERS LIMITED PARTNERSHIP
GROUP MEMBERS: CHESAPEAKE PARTNERS MANAGEMENT CO., INC.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ARMSTRONG HOLDINGS INC /PA/
CENTRAL INDEX KEY: 0001109304
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089]
IRS NUMBER: 233033414
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-78111
FILM NUMBER: 05664245
BUSINESS ADDRESS:
STREET 1: 2500 COLUMBIA AVE
CITY: LANCASTER
STATE: PA
ZIP: 17603
BUSINESS PHONE: 7173970611
MAIL ADDRESS:
STREET 1: 2500 COLUMBIA AVE
CITY: LANCASTER
STATE: PA
ZIP: 17603
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: CHESAPEAKE PARTNERS MANAGEMENT CO INC/MD
CENTRAL INDEX KEY: 0000919165
IRS NUMBER: 521745745
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 1829 REISTERSTOWN RD
STREET 2: SUITE 220
CITY: BALTIMORE
STATE: MD
ZIP: 21208
BUSINESS PHONE: 4106020195
MAIL ADDRESS:
STREET 1: 1829 REISTERSTOWN ROAD
STREET 2: SUITE 220
CITY: BALTIMORE
STATE: MD
ZIP: 21208
SC 13G
1
armstrongches_250513g.txt
UNITED STATES
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------------------------------------------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
ARMSTRONG HOLDINGS, INC.
------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
----------------------------------------------
(Title of Class of Securities)
042384107
-------------------------
(CUSIP Number)
February 25, 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:
[ ] Rule 13d-1(b)
[X] 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).
Continued on following pages
Page 1 of 10 Pages
Exhibit Index: Page 9
SCHEDULE 13G
CUSIP No.: 042384107 Page 2 of 10 Pages
.................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CHESAPEAKE PARTNERS MANAGEMENT CO., INC.
.................................................................................
2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]
.................................................................................
3. SEC Use Only
.................................................................................
4. Citizenship or Place of Organization
Maryland
.................................................................................
Number of 5. Sole Voting Power 0
Shares .............................................................
Beneficially 6. Shared Voting Power 2,614,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power 0
Person With .............................................................
8. Shared Dispositive Power 2,614,000
.................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,614,000
.................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
.................................................................................
11. Percent of Class Represented by Amount in Row (9)
6.4% based on 40,668,892 shares outstanding as of October 19, 2004.
.................................................................................
12. Type of Reporting Person:
CO
SCHEDULE 13G
CUSIP No.: 042384107 Page 3 of 10 Pages
.................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CHESAPEAKE PARTNERS LIMITED PARTNERSHIP
.................................................................................
2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]
.................................................................................
3. SEC Use Only
.................................................................................
4. Citizenship or Place of Organization
Maryland
.................................................................................
Number of 5. Sole Voting Power 0
Shares .............................................................
Beneficially 6. Shared Voting Power 1,355,835
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power 0
Person With .............................................................
8. Shared Dispositive Power 1,355,835
.................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,355,835
.................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[X]
.................................................................................
11. Percent of Class Represented by Amount in Row (9)
3.3% based on 40,668,892 shares outstanding as of October 19, 2004.
.................................................................................
12. Type of Reporting Person:
PN
SCHEDULE 13G
CUSIP No.: 042384107 Page 4 of 10 Pages
.................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CHESAPEAKE PARTNERS INTERNATIONAL LTD.
.................................................................................
2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]
.................................................................................
3. SEC Use Only
.................................................................................
4. Citizenship or Place of Organization
Cayman Islands, British West Indies
.................................................................................
Number of 5. Sole Voting Power 0
Shares .............................................................
Beneficially 6. Shared Voting Power 1,258,165
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power 0
Person With .............................................................
8. Shared Dispositive Power 1,258,165
.................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,258,165
.................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[X]
.................................................................................
11. Percent of Class Represented by Amount in Row (9)
3.1% based on 40,668,892 shares outstanding as of October 19, 2004.
.................................................................................
12. Type of Reporting Person:
CO
Page 5 of 10 Pages
Item 1(a) Name of Issuer:
Armstrong Holdings, Inc. (the "Issuer")
Item 1(b) Address of Issuer's Principal Executive Offices:
2500 Columbia Avenue, Lancaster, PA 17603
Item 2(a) Name of Person Filing
This Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
i) Chesapeake Partners Management Co., Inc. ("CPMC");
ii) Chesapeake Partners Limited Partnership ("CPLP"); and
iii) Chesapeake Partners International Ltd. ("CPINTL").
This Statement relates to Shares (as defined herein) held for
the accounts of each of CPLP and CPINTL. CPMC serves as investment manager to
each of CPLP and CPINTL. In such capacity, CPMC may be deemed to have voting
and investment power over the Shares held for each of CPLP and CPINTL.
Item 2(b) Address of Principal Business Office or, Residence
The address of the principal business office of each of CPMC
and CPIFLP is 1829 Reisterstown Road, Suite 420, Baltimore, Maryland 21208. The
address of the principal business office of CPINTL is c/o Goldman Sachs
Cayman Trust, Harbour Centre, Mary Street, 2nd Floor, P.O. Box 896 GT, Grand
Cayman, Cayman Islands, BWI.
Item 2(c) Citizenship
i) CPMC is a Maryland corporation;
ii) CPLP is a Maryland limited partnership; and
iii) CPINTL is a Cayman Islands exempted company.
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share (the "Shares").
Item 2(e) CUSIP Number:
042384107
Item 3 If This Statement is Filed Pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), Check Whether the Person Filing is a:
This Item 3 is not applicable.
Page 6 of 10 Pages
Item 4 Ownership:
Item 4(a) Amount Beneficially Owned:
As of March 4, 2005:
(i) CPMC may be deemed to be the beneficial owner of 2,614,000
Shares. This amount consists of (A) 1,355,835 Shares held for the account of
CPLP, and (B) 1,258,165 Shares held for the account of CPINTL.
(ii) CPLP may be deemed to be the beneficial owner of 1,355,835
Shares held for its account.
(iii) CPINTL may be deemed to be the beneficial owner of
1,258,165 Shares held for its account.
Item 4(b) Percent of Class:
(i) The number of Shares of which CPMC may be deemed to be the
beneficial owner constitutes approximately 6.4% of the total number of Shares
outstanding (based upon information provided by the Issuer in its most
recently-filed quarterly statement on Form 10-Q, there were 40,668,892 Shares
outstanding as of October 19, 2004).
(ii) The number of Shares of which CPLP may be deemed to be the
beneficial owner constitutes approximately 3.3% of the total number of Shares
outstanding.
(iii) The number of Shares of which CPINTL may be deemed to be
the beneficial owner constitutes 3.1% of the total number of Shares outstanding.
Item 4(c) Number of Shares of which such person has:
CPMC:
-----
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 2,614,000
(iii) Sole power to dispose or direct the disposition of: 0
(iv) Shared power to dispose or direct the disposition of: 2,614,000
CPLP:
-----
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 1,355,835
(iii) Sole power to dispose or direct the disposition of: 0
(iv) Shared power to dispose or direct the disposition of: 1,355,835
Page 7 of 10 Pages
CPINTL:
-------
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 1,258,165
(iii) Sole power to dispose or direct the disposition of: 0
(iv) Shared power to dispose or direct the disposition of: 1,258,165
Item 5 Ownership of Five Percent or Less of a Class:
This Item 5 is not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
This Item 6 is not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company:
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10. Certification:
By signing below each of the Reporting Persons certifies that, to
the best of their 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.
Page 8 of 10 Pages
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.
Date: March 7, 2005 CHESAPEAKE PARTNERS MANAGEMENT CO., INC.
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President
Date: March 7, 2005 CHESAPEAKE PARTNERS LIMITED PARTNERSHIP
By: Chesapeake Partners Management Co., Inc.
As General Partner
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President
Date: March 7, 2005 CHESAPEAKE PARTNERS INTERNATIONAL LTD.
By: Chesapeake Partners Management Co., Inc.
As Investment Manager
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President
Page 9 of 10 Pages
EXHIBIT INDEX
Ex. Page No.
--- --------
A. Joint Filing Agreement, dated March 7, 2005 by and among
Chesapeake Partners Management Co., Inc., Chesapeake Partners
Limited Partnership, and Chesapeake Partners International Ltd.. 10
Page 10 of 10 Pages
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with
respect to the Common Stock of Armstrong Holdings, Inc. dated as of
March 7, 2005 is, and any amendments thereto (including amendments on Schedule
13D) signed by each of the undersigned shall be, filed on behalf of each of us
pursuant to and in accordance with the provisions of Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended.
Date: March 7, 2005 CHESAPEAKE PARTNERS MANAGEMENT CO., INC.
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President
Date: March 7, 2005 CHESAPEAKE PARTNERS LIMITED PARTNERSHIP
By: Chesapeake Partners Management Co., Inc.
As General Partner
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President
Date: March 7, 2005 CHESAPEAKE PARTNERS INTERNATIONAL LTD.
By: Chesapeake Partners Management Co., Inc.
As Investment Manager
By: /s/ Mark D. Lerner
------------------------------------------
Name: Mark D. Lerner
Title: Vice President