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-----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, E7Z0969KEhTTQl0ptoXMMN29Xtn7pTuD2o3elEv4LoVhjqVUlZcWeHXz0TofBuGn Ssy203oORzFqzDd+A9JGfQ== 0001144204-09-028307.txt : 20090522 0001144204-09-028307.hdr.sgml : 20090522 20090519172843 ACCESSION NUMBER: 0001144204-09-028307 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090519 DATE AS OF CHANGE: 20090519 GROUP MEMBERS: SUSAN T. HARRIS FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS CHARLES E/NY CENTRAL INDEX KEY: 0001111374 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 111 WEST 57TH STREET STREET 2: SUITE 1100 CITY: NEW YORK STATE: NY ZIP: 10019 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS & HARRIS GROUP INC /NY/ CENTRAL INDEX KEY: 0000893739 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 133119827 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45646 FILM NUMBER: 09840447 BUSINESS ADDRESS: STREET 1: 111 WEST 57TH STREET STREET 2: SUITE 1100 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-582-0900 MAIL ADDRESS: STREET 1: 111 WEST 57TH STREET STREET 2: SUITE 1100 CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 v150286_sc13d-a.htm Unassociated Document

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 17)*

HARRIS & HARRIS GROUP, INC.

(Name of Issuer)

COMMON STOCK, par value $ .01 per share

(Title of Class of Securities)

413833104

(CUSIP Number)

Charles E. Harris

c/o Lawrence B. Thompson, Esq.

Emmet, Marvin & Martin, LLP

120 Broadway

New York, NY 10271

(212)-238-3004

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

May 14, 2009

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

*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 disclosures provided in a prior cover page.

The information required on 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).

Page 1 of 8 Pages

CUSIP No. 413833104

13D

Page 2 of 8 Pages

1	NAMES OF REPORTING PERSONS Charles E. Harris
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (see instructions) (b) [ ]
3	SEC USE ONLY
4	SOURCE OF FUNDS (see instructions) OO
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEM 2(d) or 2(e)
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7	SOLE VOTING POWER 0
	8	SHARED VOTING POWER 2,239,752 Shares*
	9	SOLE DISPOSITIVE POWER 0
	10	SHARED DISPOSITIVE POWER 2,239,752 Shares*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,239,752 Shares*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ] CERTAIN SHARES (see instructions)
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 8.29%**
14	TYPE OF REPORTING PERSON (see instructions) IN

*The 2,239,752 shares owned directly by Mr. Harris include 221,530 options granted to Mr. Harris on June 26, 2006 (with a vesting date of December 26, 2006); 238,820 options granted to Mr. Harris on June 26, 2006 (with a vesting date of June 26, 2007); 253,224 options granted to Mr. Harris on June 26, 2006 (with a vesting date of June 26, 2008); 13,333 options granted to Mr. Harris on June 26, 2006 (with a vesting date of December 26, 2008); 120,491 options granted to Mr. Harris on June 27, 2007 (with a vesting date of December 27, 2007); 120,490 options granted to Mr. Harris on June 27, 2007 (with a vesting date of December 27, 2008); 187,039 options granted to Mr. Harris on August 13, 2008 (with a vesting date of December 31, 2008); and 1,074,825 shares of common stock.

**Based upon 25,859,573 shares of common stock outstanding, as disclosed on the Form 10-Q filed by Harris & Harris Group, Inc. on May 8, 2009.

CUSIP No. 413833104

13D

Page 3 of 8 Pages

1	NAMES OF REPORTING PERSONS Susan T. Harris
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (see instructions) (b) [ ]
3	SEC USE ONLY
4	SOURCE OF FUNDS (see instructions) OO
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEM 2(d) or 2(e)
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7	SOLE VOTING POWER 0
	8	SHARED VOTING POWER 2,239,752 Shares**
	9	SOLE DISPOSITIVE POWER 0
	10	SHARED DISPOSITIVE POWER 2,239,752 Shares*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,239,752 Shares*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ] CERTAIN SHARES (see instructions)
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 8.29%**
14	TYPE OF REPORTING PERSON (see instructions) IN

*Indirect beneficial ownership of Mr. Harris’s 2,239,752 shares may be attributed to Mrs. Harris. Mrs. Harris disclaims beneficial ownership of the 2,239,752 shares owned directly by Mr. Harris.

**Based upon 25,859,573 shares of common stock outstanding, as disclosed on the Form 10-Q filed by Harris & Harris Group, Inc. on May 8, 2009.

CUSIP No. 413833104

13D

Page 4 of 8 Pages

Item 1. Security and Issuer.

The class of equity securities to which this statement relates is the common stock, par value $.01 per share (the "Common Stock"), of Harris & Harris Group, Inc., a New York Corporation (the "Company"). The address of the principal executive offices of the Company is 111 West 57th Street, Suite 1100, New York, New York 10019.

Item 2. Identity and Background.

(a) The reporting persons are Charles E. Harris and Susan T. Harris (the “Reporting Parties”).

(b) The Reporting Parties' address is: c/o Lawrence B. Thompson, Esq., Emmet, Marvin & Martin, LLP, 120 Broadway New York, NY 10271.

(c) Mr. Harris is the former Chairman, Chief Executive Officer, and Managing Director of the Company. Mrs. Harris is a freelance financial writer and is the former Secretary of the Company. Neither Mr. or Mrs. Harris is presently employed by the Company.

(d) Neither of the Reporting Parties has during the last five years been convicted in a criminal proceeding.

(e) The Reporting Parties have not been and are not subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

(f) The Reporting Parties are husband and wife and are citizens of the United States of America.

Item 3. Source and Amount of Funds or Other Consideration.

Not applicable.

Item 4. Purpose of Transaction.

On May 14, 2009, Susan T. Harris transferred to Charles E. Harris, by means of a bona fide gift, 1,039,559 shares of the Company Common Stock which she directly owned. As a result, Charles E. Harris now owns 2,239,752 shares of the Company’s Common Stock directly. Indirect beneficial ownership of Mr. Harris’s 2,239,752 shares may be attributed to Mrs. Harris. The aggregate amount of the Company’s Common Stock beneficially owned by Mr. and Mrs. Harris has not changed as a result of Mrs. Harris’ gift to Mr. Harris.

Item 5. Interest in Securities of the Issuer.

(a)

As of May 8, 2009, the Reporting Parties beneficially owned 2,239,752 shares or 8.29% of the Company’s Common Stock as follows:

	Amount Beneficially Owned Directly	Percent Common Stock
Mr. Harris	2,239,752	8.29%
Mrs. Harris	0	0.00%

(b)

The Reporting Parties make independent decisions with respect to the shares beneficially owned or controlled by them individually. Therefore, Mr. Harris makes the decisions with respect to all the shares of the Company’s Common Stock reported on this amended Schedule 13D.

CUSIP No. 413833104

13D

Page 5 of 8 Pages

(c)

The Reporting Parties have engaged in the following transactions concerning the Company’s Common Stock during the past 60 days:

Transaction Date	Transaction Type	Securities Acquired	Securities Disposed
05/14/2009	Gift received by Mr. Harris from Mrs. Harris.	1,039,559	0
05/14/2009	Gift from Mrs. Harris to Mr. Harris.	0	1,039,559

(d)

Not applicable.

(e)

Not applicable.

Item 6. Contracts, Arrangements, Understanding or Relationships with Respect to Securities of the Issuer.

Charles E. Harris is a party to the following agreements:

The Harris & Harris Group, Inc. 2006 Equity Incentive Plan Incentive Stock Option Agreement, dated June 26, 2006;

The Harris & Harris Group, Inc. 2006 Equity Incentive Plan Non-Qualified Stock Option Agreement, dated June 26, 2006;

The Harris & Harris Group, Inc. 2006 Equity Incentive Plan Non-Qualified Stock Option Agreement, dated June 27, 2007; and

The Harris & Harris Group, Inc. 2006 Equity Incentive Plan Non-Qualified Stock Option Agreement, dated August 13, 2008.

Item 7. Material to be Filed as Exhibits.

(1)

The Form of Incentive Stock Option Agreement, incorporated by reference as Exhibit 10.1 to the Company's Form 8-K (File No. 814-00176) filed on June 26, 2006.

(2)

The Form of Non-Qualified Stock Option Agreement, incorporated by reference as Exhibit 10.2 to the Company’s 8-K (File No. 814-00176) filed on June 26, 2006.

(3)

Joint Filing Agreement, filed herewith.

CUSIP No. 413833104

13D

Page 6 of 8 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.

May 19, 2009

(Date)

/s/ Charles E. Harris

Charles E. Harris

CUSIP No. 413833104

13D

Page 7 of 8 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.

May 19, 2009

(Date)

/s/ Susan T. Harris

Susan T. Harris

CUSIP No. 413833104

13D

Page 8 of 8 Pages

EXHIBIT INDEX

Exhibit No. Description

3 Joint Filing Agreement

EX-3 2 v150286_ex-3.htm Unassociated Document

Exhibit 3

The undersigned, Charles E. Harris and Susan T. Harris, hereby agree to file jointly this 13D and all amendments, with respect to the Common Stock of Harris & Harris Group, Inc., but disclaim that they are a group.

Date: May 19, 2009

/s/ Charles E. Harris

Charles E. Harris

/s/ Susan T. Harris

Susan T. Harris

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