-----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, Rb/cn9lLfzgZdK8Hl6UbANZiHqRX0aq/4ZYVLyGe1EFNT3z6/ppdfbFxNZ9U+DA9 g/BHLmwzBhekhHbdEaky4w== 0001019056-10-000172.txt : 20100216 0001019056-10-000172.hdr.sgml : 20100215 20100216102208 ACCESSION NUMBER: 0001019056-10-000172 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 GROUP MEMBERS: JOHN H. LEWIS GROUP MEMBERS: OSMIUM CAPITAL II, LP GROUP MEMBERS: OSMIUM CAPITAL, LP GROUP MEMBERS: OSMIUM PARTNERS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MOD PAC CORP CENTRAL INDEX KEY: 0001191857 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD MILLS [2631] IRS NUMBER: 160957153 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78992 FILM NUMBER: 10603057 BUSINESS ADDRESS: STREET 1: 1801 ELMWOOD AVE. CITY: BUFFALO STATE: NY ZIP: 14207-2496 BUSINESS PHONE: 716-873-0640 MAIL ADDRESS: STREET 1: 1801 ELMWOOD AVENUE CITY: BUFFALO STATE: NY ZIP: 14207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Osmium Partners, LLC CENTRAL INDEX KEY: 0001316729 IRS NUMBER: 550793716 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 388 MARKET, SUITE 920 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415.362.4484 MAIL ADDRESS: STREET 1: 388 MARKET, SUITE 920 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G/A 1 modpac_13ga1.htm SCHEDULE 13G/A

 

 

 

 

 

OMB APPROVAL

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

OMB Number: 3235-0145
Expires: October 31, 2002
Estimated average burden
hours per response.... 14.90

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No.             1              ) *

 

MOD-PAC CORP.

(Name of Issuer)

 
Common Stock, par value $0.01

(Title of Class of Securities)

 
607495108

(CUSIP Number)

 

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 

 

 

o

Rule 13d-1(b)

 

 

 

 

x

Rule 13d-1(c)

 

 

 

 

o

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).

Page 1 of 8


 

 

 

 

 

 

CUSIP No.          607495108

 

 

 

 

 

 

 

 

 

 

1.

 

Names of Reporting Persons.

John H. Lewis

 

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

 

 

 

 

2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

 

 

 

(a) o

 

 

 

 

 

 

 

(b) x

 

 

 

 

 

 

 

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

0

 

 

 

6.

Shared Voting Power

173,081

 

 

 

7.

Sole Dispositive Power

0

 

 

 

8.

Shared Dispositive Power

173,081

 

 

 

 

 

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person          173,081

 

 

 

 

 

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)          o

 

 

 

 

 

 

11.

 

Percent of Class Represented by Amount in Row (9)          6.2%

 

 

 

 

 

 

12.

 

Type of Reporting Person (See Instructions) IN

 

 

 

Page 2 of 8


 

 

 

 

 

 

CUSIP No.          607495108

 

 

 

 

 

 

 

 

 

 

1.

 

Names of Reporting Persons.

Osmium Partners, LLC

 

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

 

 

 

 

2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

 

 

 

(a) o

 

 

 

 

 

 

 

(b) x

 

 

 

 

 

 

 

3.

 

SEC Use Only

 

 

 

4.

 

Citizenship or Place of Organization

Delaware

 

 

 

 

 

 

Number of
Shares
Beneficially
owned by Each
Reporting
Person With:

5.

Sole Voting Power

0

 

 

 

6.

Shared Voting Power

173,081

 

 

 

7.

Sole Dispositive Power

0

 

 

 

8.

Shared Dispositive Power

173,081

 

 

 

 

 

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person          173,081

 

 

 

 

 

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)          o

 

 

 

 

 

 

11.

 

Percent of Class Represented by Amount in Row (9)          6.2%

 

 

 

 

 

 

12.

 

Type of Reporting Person (See Instructions)          IA, OO

 

 

 

Page 3 of 8


 

 

 

 

 

 

CUSIP No.          607495108

 

 

 

 

 

 

 

 

 

 

1.

 

Names of Reporting Persons.

Osmium Capital, LP

 

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

 

 

 

 

2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

 

 

 

(a) o

 

 

 

 

 

 

 

(b) x

 

 

 

 

 

 

 

3.

 

SEC Use Only

 

 

 

4.

 

Citizenship or Place of Organization

Delaware

 

 

 

 

 

 

Number of
Shares
Beneficially
owned by Each
Reporting
Person With:

5.

Sole Voting Power

0

 

 

 

6.

Shared Voting Power

42,359

 

 

 

7.

Sole Dispositive Power

0

 

 

 

8.

Shared Dispositive Power

42,359

 

 

 

 

 

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person          42,359

 

 

 

 

 

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)          o

 

 

 

 

 

 

11.

 

Percent of Class Represented by Amount in Row (9)          1.5%

 

 

 

 

 

 

12.

 

Type of Reporting Person (See Instructions) PN

 

 

 

Page 4 of 8


 

 

 

 

 

 

CUSIP No.          607495108

 

 

 

 

 

 

 

 

 

 

1.

 

Names of Reporting Persons.

Osmium Capital II, LP

 

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

 

 

 

 

2.

 

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

 

 

 

(a) o

 

 

 

 

 

 

 

(b) x

 

 

 

 

 

 

 

3.

 

SEC Use Only

 

 

 

4.

 

Citizenship or Place of Organization

Delaware

 

 

 

 

 

 

Number of
Shares
Beneficially
owned by Each
Reporting
Person With:

5.

Sole Voting Power

0

 

 

 

6.

Shared Voting Power

125,899

 

 

 

7.

Sole Dispositive Power

0

 

 

 

8.

Shared Dispositive Power

125,899

 

 

 

 

 

 

9.

 

Aggregate Amount Beneficially Owned by Each Reporting Person          125,899

 

 

 

 

 

 

10.

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)          o

 

 

 

 

 

 

11.

 

Percent of Class Represented by Amount in Row (9)          4.5%

 

 

 

 

 

 

12.

 

Type of Reporting Person (See Instructions) PN

 

 

 

Page 5 of 8

EXPLANATORY NOTE

 

 

 

Item 1.

 

(a)

The name of the issuer is Mod-Pac Corp. (the “Issuer”).

 

 

 

(b)

The principal executive office of the Issuer is located at 1801 Elmwood Avenue, Buffalo, New York 14207.

 

 

 

Item 2.

 

(a)

This statement (this “Statement”) is being filed by John H. Lewis, the controlling member of Osmium Partners, LLC, a Delaware limited liability company (“Osmium Partners”), which serves as the general partner of Osmium Capital, LP, a Delaware limited partnership (the “Fund”), and Osmium Capital II, LP, a Delaware limited partnership (“Fund II”) (all of the foregoing, collectively, the “Filers”). The Fund and Fund II are private investment vehicles formed for the purpose of investing and trading in a wide variety of securities and financial instruments. Osmium Partners also manages accounts on a discretionary basis (the “Accounts”). The Fund, Fund II and the Accounts directly own the common shares reported in this Statement. Mr. Lewis and Osmium Partners may be deemed to share with the Fund, Fund II and the Accounts (and not with any third party) voting and dispositive power with respect to such shares. Each Filer disclaims beneficial ownership with respect to any shares other than the shares owned directly by such Filer.

 

 

 

(b)

The Principal Business Office of the Filers is 388 Market Street, Suite 920, San Francisco, California 94111.

 

 

 

(c)

For citizenship information see Item 4 of the cover sheet of each Filer.

 

 

 

(d)

This Statement relates to the Common Stock of the Issuer.

 

 

 

(e)

The CUSIP Number of the Common Stock of the Issuer is 607495108.

 

 

 

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)

o

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

 

 

 

(b)

o

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

 

 

 

(c)

o

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

 

 

 

(d)

o

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

 

 

 

(e)

o

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

 

 

 

(f)

o

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

 

 

 

(g)

o

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

 

 

 

(h)

o

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

 

 

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

 

 

(j)

o

Group, in accordance with 240.13d-1(b)(1)(ii)(J);

Item 4. Ownership.

See Items 5-9 and 11 on the cover page for each Filer, and Item 2. The percentage ownership of each Filer is based on 2,792,859 shares of Common Stock outstanding as of October 3, 2009, as reported on the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended October 3, 2009.

Page 6 of 8


 

 

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 o.

 

 

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.

 

 

 

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

 

 

(a)

Not applicable.

 

 

(b)

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.

Page 7 of 8

SIGNATURE

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

Dated:     February 12, 2010

John H. Lewis
Osmium Partners, LLC
Osmium Capital, LP
Osmium Capital II, LP

 

 

 

By: 

/s/ John H. Lewis

 

John H. Lewis, for himself and as Managing Member of Osmium Partners, LLC, for itself and as General Partner of Osmium Capital, LP and Osmium Capital II, LP

Page 8 of 8

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