-----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, MOgIYo4oHvG8weaNjWNLQHqpYHGXS88HmTLEpH/Iqs8KO/iYGMTqTY2T4PW7bTqW 1fY0yfFAfK4UziwstLWFvA== 0001193805-08-003077.txt : 20081114 0001193805-08-003077.hdr.sgml : 20081114 20081114160808 ACCESSION NUMBER: 0001193805-08-003077 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 GROUP MEMBERS: KIER FAMILY, L.P. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIER ISAAC CENTRAL INDEX KEY: 0001134574 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: C/O COQUI CAPITAL PARTNERS STREET 2: 1775 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Rand Logistics, Inc. CENTRAL INDEX KEY: 0001294250 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 201195343 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80134 FILM NUMBER: 081191373 BUSINESS ADDRESS: STREET 1: 461 FIFTH AVENUE STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-644-3450 MAIL ADDRESS: STREET 1: 461 FIFTH AVENUE STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: Rand Acquisition CORP DATE OF NAME CHANGE: 20040618 FORMER COMPANY: FORMER CONFORMED NAME: Grand Slam Acquisition CORP DATE OF NAME CHANGE: 20040617 SC 13D/A 1 e604661_sc13da-kier.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) Rand Logistics, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.0001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 752182105 - -------------------------------------------------------------------------------- (CUSIP Number) Todd Emmerman, Esq. Katten Muchin Rosenman LLP 575 Madison Avenue New York, NY 10022 (212) 940-8873 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 24, 2008 - -------------------------------------------------------------------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following box. |_| Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 (the "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. 752182105 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Isaac Kier - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 129,563 shares ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 1,360 shares OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 129,563 shares WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,360 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 130,923 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.01% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 6 CUSIP No. 752182105 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Kier Family, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 8,000 shares ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 shares OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 8,000 shares WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,000 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.06% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 6 This Amendment No. 2 amends and supplements the following items on the Statement on Schedule 13D filed by Isaac Kier and Kier Family, L.P. (the "Reporting Persons") on March 30, 2006, as amended on August 8, 2006 (collectively, the "Schedule"). SCHEDULE 13D Item 3. Source and Amount of Funds or Other Consideration Item 3 is hereby amended as follows: Mr. Kier acquired 6,643 shares from the Company as consideration for serving on the Company's board of directors. On October 24, 2008, pursuant to the terms of the Company's warrant tender offer (the "Offer"), Mr. Kier tendered: (i) 366,000 warrants he directly owned to the Company and received 14,640 shares of Common Stock, (ii) 34,000 warrants he shares voting and dispositive power over with his wife for 1,360 shares of Common Stock, (iii) 7,000 warrants he shares voting and dispositive over with the Trust for 280 shares of Common Stock, and (iv) 200,000 warrants held by the Partnership for 8,000 shares of Common Stock. In accordance with the terms of the Offer, Mr. Kier's and the Partnership's acquisition of such Common Stock were cashless transactions. Item 5. Interest in Securities of the Issuer. Item 5 is hereby amended and restated to read as follows: (a) (i) Mr. Kier beneficially owns 130,923 shares of Common Stock, constituting approximately 1.01% of the shares of Common Stock outstanding. (ii) Kier Family, L.P. (the "Partnership") may be deemed beneficially to own 8,000 shares of Common Stock, constituting 0.06% of the shares of Common Stock outstanding. (b) (i) Mr. Kier shares voting and dispositive power over 1,360 shares of Common Stock with his wife. Mr. Kier exercises sole voting and dispositive of 8,000 shares of Common Stock held through the Partnership (see Item 5(b)(ii) below), 280 shares of Common Stock held by the Isaac Kier Charitable Remainder Trust (the "Trust") and has sole voting and dispositive power over 121,283 shares of Common Stock he owns personally. (ii) The Partnership has sole voting and dispositive power over 8,000 shares of Common Stock, which power is exercisable by Mr. Kier as General Partner of the Partnership. (c) The information contained in Item 3 above is incorporated by reference herein. (d) Mr. Kier's wife has the right to receive any dividends on the 1,360 shares of Common Stock that are reported herein as being jointly beneficially owned by Mr. Kier and his wife, and the Trust has the right to receive any dividends on the 280 shares of Common Stock that are reported herein as being jointly beneficially owned by Mr. Kier and the Trust. Page 4 of 6 (e) Following the transactions reported in Section 5(c) above, Mr. Kier ceased to be the beneficial owner of more than five percent of the Company's Common Stock. SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: November 14, 2008 /s/ Isaac Kier ------------------------------- Isaac Kier KIER FAMILY, L.P. /s/ Isaac Kier ------------------------------- Name: Issac Kier Title: General Parnter Page 5 of 6 EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees to the filing on behalf of each of a Statement on Schedule 13D, and all amendments thereto, with respect to the shares of common stock, $.0001 par value, of Rand Logistics, Inc. Dated: November 14, 2008 /s/ Isaac Kier ------------------------------- Isaac Kier KIER FAMILY L.P. /s/ Isaac Kier ------------------------------- Name: Isaac Kier Title: General Partner Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----