-----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, WA4dV2aeDuEcdi8ybbPtFWQT3HqV05bLtFUV/t0M9uxtkLT13SkMia1YkWPH1+2s 6RWz5q4hWioG6JL6lc5EWw== 0000950159-08-000271.txt : 20080214 0000950159-08-000271.hdr.sgml : 20080214 20080214094201 ACCESSION NUMBER: 0000950159-08-000271 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 GROUP MEMBERS: ACADIA MASTER FUND I, LTD. GROUP MEMBERS: ERIC D. JACOBS GROUP MEMBERS: MILLER & JACOBS CAPITAL, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OLD LINE BANCSHARES INC CENTRAL INDEX KEY: 0001253317 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 200154352 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79241 FILM NUMBER: 08608950 BUSINESS ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 BUSINESS PHONE: 3014302544 MAIL ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MILLER JEFFREY A CENTRAL INDEX KEY: 0001032442 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: BUSINESS PHONE: 3407731300 MAIL ADDRESS: STREET 1: P O BOX 26039 STREET 2: GALLOWS BAY STATION CITY: CHRISTIANSTED STATE: VI ZIP: 00824 SC 13G/A 1 miller13ga.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (Amendment No. 2)(1) Old Line Bancshares, Inc. (Name of Issuer) Common Stock, $0.01 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 67984M100 - -------------------------------------------------------------------------------- (CUSIP NUMBER) December 31, 2007 (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) (1) 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 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).
- ------------------------------------------------------------------------------------------------------------ NAME OF REPORTING PERSONS: Jeffrey A. Miller I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | | (b) |X| - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SEC USE ONLY - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED VOTING POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED DISPOSITIVE POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.83% - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! -2- - ------------------------------------------------------------------------------------------------------------ NAME OF REPORTING PERSONS: Eric D. Jacobs I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | | (b) |X| - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SEC USE ONLY - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED VOTING POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED DISPOSITIVE POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.83% - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! -3- - ------------------------------------------------------------------------------------------------------------ NAME OF REPORTING PERSONS: Miller & Jacobs Capital, L.L.C. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 66-0624718 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | | (b) |X| - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SEC USE ONLY - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Virgin Islands - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED VOTING POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED DISPOSITIVE POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.83% - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT -4- - ------------------------------------------------------------------------------------------------------------ NAME OF REPORTING PERSONS: Acadia Master Fund I, Ltd. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | | (b) |X| - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SEC USE ONLY - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ NUMBER OF SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED VOTING POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ SHARED DISPOSITIVE POWER 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 247,931 - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.83% - ------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! -5- Item 1(a). Name of Issuer: Old Line Bancshares, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 1525 Point Ridge Place Bowie, MD 20716 Item 2(a). Name of Persons Filing: Jeffrey A. Miller Eric D. Jacobs Miller & Jacobs Capital, L.L.C. Acadia Master Fund I, Ltd. (collectively, the "Reporting Persons") Item 2(b). Address of Principal Business Office or, if None, Residence: The principal business address of Jeffrey A. Miller, Eric D. Jacobs, and Miller & Jacobs Capital, L.L.C. is: P.O. Box 26039 Gallows Bay Station Christiansted, St. Croix, USVI 00824 The principal business address of Acadia Master Fund I, Ltd. is: c/o Butterfield Fund Services (Bermuda) Limited Rosebank Centre 11 Bermudiana Road Hamilton HM 08 Bermuda Item 2(c). Citizenship: Jeffrey A. Miller: United States of America Eric D. Jacobs: United States of America Miller & Jacobs Capital, L.L.C. is organized in the U.S. Virgin Islands Acadia Master Fund I, Ltd. is organized in the Cayman Islands -6- Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value per share Item 2(e). CUSIP Number: 67984M100 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not Applicable (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment Company registered under Section 8 of the Investment Company Exchange Act; (e) [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] Saving Association as defined in Section 3(b) of The Federal Deposit Insurance Act; (i) [ ] Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. A. Jeffrey A. Miller (a) Amount beneficially owned: 247,931 (b) Percent of Class: 5.83% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 -7- (ii) Shared power to vote or to direct the vote: 247,931 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 247,931 B. Eric D. Jacobs (a) Amount beneficially owned: 247,931 (b) Percent of Class: 5.83% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 247,931 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 247,931 C. Miller & Jacobs Capital, L.L.C. (a) Amount beneficially owned: 247,931 (b) Percent of Class: 5.83% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 247,931 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 247,931 D. Acadia Master Fund I, Ltd. (a) Amount beneficially owned: 247,931 (b) Percent of Class: 5.83% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 247,931 (iii)Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 247,931 As calculated in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended, Jeffrey A. Miller, Eric D. Jacobs, Miller & Jacobs Capital, L.L.C. beneficially own 247,931 shares of the Issuer's Common Stock, representing 5.83% of the Common Stock and Acadia Master Fund I, Ltd. beneficially owns 247,931 shares of the Issuer's Common Stock, representing 5.83% of the Common Stock. Mr. Miller and Mr. Jacobs do not directly own any -8- shares of Common Stock, but they do indirectly own 247,931 shares of Common Stock in their capacity as the sole managers and members of Miller & Jacobs Capital, L.L.C., a U.S. Virgin Islands limited liability company, which in turn serves as the investment manager for Acadia Master Fund I, Ltd., a Cayman Islands exempted company ("Acadia Master I"). 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. Acadia Master I has the right to receive dividends and the proceeds from the sale of the shares of Common Stock held by such person. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. 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. Certification. 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. -9-
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. Dated: February 12, 2008 /s/ Jeffrey A. Miller ------------------------------------------ Jeffrey A. Miller /s/ Eric D. Jacobs ------------------------------------------ Eric D. Jacobs MILLER & JACOBS CAPITAL, L.L.C. By: /s/ Jeffrey A. Miller -------------------------------------- Name: Jeffrey A. Miller Title: Managing Member ACADIA MASTER FUND I, LTD. By: /s/ Jeffrey A. Miller -------------------------------------- Name: Jeffrey A. Miller Title: Director EXHIBIT INDEX Exhibits - -------- 1. Joint Filing Agreement, dated February 12, 2008, among Jeffrey A. Miller, Eric D. Jacobs, Miller & Jacobs Capital, L.L.C., and Acadia Master Fund I, Ltd. -10- EXHIBIT 1 --------- JOINT FILING AGREEMENT The undersigned hereby agree that this Statement on Schedule 13G with respect to the beneficial ownership of shares of Common Stock, par value $0.01 per share, of Old Line Bancshares, Inc. is filed jointly, on behalf of each of them. Dated: February 12, 2008 /s/ Jeffrey A. Miller ------------------------------------------ Jeffrey A. Miller /s/ Eric D. Jacobs ------------------------------------------ Eric D. Jacobs MILLER & JACOBS CAPITAL, L.L.C. By: /s/ Jeffrey A. Miller -------------------------------------- Name: Jeffrey A. Miller Title: Managing Member ACADIA MASTER FUND I, LTD. By: /s/ Jeffrey A. Miller -------------------------------------- Name: Jeffrey A. Miller Title: Director -11- -----END PRIVACY-ENHANCED MESSAGE-----