0001202557-12-000002.txt : 20120208 0001202557-12-000002.hdr.sgml : 20120208 20120208163821 ACCESSION NUMBER: 0001202557-12-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120208 DATE AS OF CHANGE: 20120208 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHEEVER CHARLIE E III CENTRAL INDEX KEY: 0001202557 FILING VALUES: FORM TYPE: SC 13G/A SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IMPERIAL INDUSTRIES INC CENTRAL INDEX KEY: 0000049930 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] IRS NUMBER: 650854631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-07814 FILM NUMBER: 12582338 BUSINESS ADDRESS: STREET 1: 1259 NW 21ST STREET CITY: POMPANO BEACH STATE: FL ZIP: 33069 BUSINESS PHONE: 9549174114 MAIL ADDRESS: STREET 1: 1259 NW 21ST STREET CITY: POMPANO BEACH STATE: FL ZIP: 33069 SC 13G/A 1 ipii_2.8.2012_sc13ga.htm ipiisc13ga.htm - Generated by SEC Publisher for SEC Filing

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No.   1  )*  

 

 

 

 

IMPERIAL INDUSTRIES, INC.

(Name of Issuer)

 

 

 

 

Common Stock, $0.01 par value

(Title of Class of Securities)

 

 

4528484001

(CUSIP Number)

 

 

December 29, 2011

(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).

 


 

 

 

         

CUSIP No. 4528484001

 

13G

 

Page 2 of 5 Pages

 

             

  1. 

 

NAMES OF REPORTING PERSONS

 

Charles E. Cheever, III

  2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)    ¨

 

  3.

 

SEC USE ONLY

 

  4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

5. 

  

SOLE VOTING POWER

 

    175,499

  

6.

  

SHARED VOTING POWER

 

    0

  

7.

  

SOLE DISPOSITIVE POWER

 

    175,499

  

8.

  

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    175,499

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨ 

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

    6.9%

12.

 

TYPE OF REPORTING PERSON

 

    IN

 


 

 

 

SCHEDULE 13G

 

                         

Item 1

 

(a).

  

Name of Issuer:

  

 

  

 
         
 

 

 

  

Imperial Industries, Inc.

  

 

  

 
         

Item 1

 

(b).

  

Address of Issuer’s Principal Executive Offices:

  

 

  

 
         
 

 

 

  

1259 NW 21 st Street

Pompano Beach, FL 33069

  

 

  

 
         

Item 2

 

(a).

  

Name of Person Filing:

  

 

  

 
         
 

 

 

  

Charles E. Cheever, III

  

 

  

 
         

Item 2

 

(b).

  

Address of Principal Business Office or, if none, Residence:

  

 

  

 
         
 

 

 

  

65 Comstock Hill Avenue,

Norwalk, CT 06850.

  

 

  

 
         

Item 2

 

(c).

  

Citizenship:

  

 

  

 
         
 

 

 

  

United States

  

 

  

 
         

Item 2

 

(d).

  

Title of Class of Securities:

  

 

  

 
         
 

 

 

  

Common Stock, $0.01 par value

  

 

  

 
         

Item 2

 

(e).

  

CUSIP Number:

  

 

  

 
         
 

 

 

  

4528484001

  

 

  

 
   

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)

  

¨

  

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

       
 

 

(b)

  

¨

  

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

       
 

 

(c)

  

¨

  

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

       
 

 

(d)

  

¨

  

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C.. 80a-8);

       
 

 

(e)

  

¨

  

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

       
 

 

(f)

  

¨

  

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

       
 

 

(g)

  

¨

  

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii) (G);

       
 

 

(h)

  

¨

  

A saving association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

       
 

 

(i)

  

¨

  

A church plan that is excluded from the definition of investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);

       
 

 

(j)

  

¨

  

A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

       
 

 

(k)

  

¨

  

Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                      

 


 

 

                 

Item 4.

  

Ownership

  

 
         
 

  

(a)

  

Amount Beneficially Owned:

  

 
         
 

  

(b)

  

Percent of Class: 6.9% (1)

  

 
         
 

  

(c)

  

Number of shares as to which such person has:

  

 
           
 

  

 

  

(i)

  

Sole power to vote or to direct the vote:

  

 
           
 

  

 

  

 

  

175,499

  

 
           
 

  

 

  

(ii)

  

Shared power to vote or to direct the vote:

  

 
           
 

  

 

  

 

  

0

  

 
           
 

  

 

  

(iii)

  

Sole power to dispose or to direct the disposition of:

  

 
           
 

  

 

  

 

  

175,499

  

 
           
 

  

 

  

(iv)

  

Shared power to dispose or to direct the disposition of:

  

 
           
 

  

 

  

 

  

0

  

 
 
     

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 or Control Person

       
 

  

Not applicable

  

 
       

Item 8.

  

Identification and Classification of Members of the Group

  

 
       
 

  

Not applicable.

  

 
       

Item 9.

  

Notice of Dissolution of Group.

  

 
       
 

  

Not applicable.

  

 
       

Item 10.

  

Certifications.

  

 
   
 

  

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.

     

  

    

(1)    The percentage of beneficial ownership is based on 2,558,335 shares of Common Stock outstanding as of November 11, 2011 as set forth in the Issuer’s Form 10-Q for the period ended September 30, 2011, as filed with the Securities and Exchange Commission.

 


 

 

SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated as of February 08, 2012

 

 

/s/ Charles E. Cheever, III

Charles E. Cheever, III