Schedule 13D Amendment No. 2

-----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, VNzWgiEU7Yjvg0SCEXFW0ylpbhpCzajg26fIEeWZir/U8u+D4fz0pLsp/fdL8xKj IOuCfJlb1F0MHpvJrgm8iw== 0001193125-11-010988.txt : 20110120 0001193125-11-010988.hdr.sgml : 20110120 20110120152834 ACCESSION NUMBER: 0001193125-11-010988 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110120 DATE AS OF CHANGE: 20110120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ammerman Robert C CENTRAL INDEX KEY: 0001320441 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 85 MERRIMAC STREET SUITE 200 CITY: BOSTON STATE: MA ZIP: 02114 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERITRANS CAPITAL CORP CENTRAL INDEX KEY: 0001064015 IRS NUMBER: 522102424 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57351 FILM NUMBER: 11538480 BUSINESS ADDRESS: STREET 1: 747 THIRD AVENUE STREET 2: 4TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2123552449 MAIL ADDRESS: STREET 1: 747 THIRD AVENUE STREET 2: 4TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 2 Schedule 13D Amendment No. 2


Schedule 13D		Page 1 of 5 Pages

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Ameritrans Capital Corporation

(Name of issuer)

9³/8% Cumulative Participating Redeemable Preferred Stock (face value $12.00)

(Title of class of securities)

03073H207

(CUSIP number)

Robert C. Ammerman (617) 478-9612

c/o Capital Resource Partners, 31 State Street, Boston, MA 02109

(Name, address and telephone number of person authorized to receive notices and communications)

January 19, 2011

(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. ¨

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).


		13D		Page 2 of 5 Pages


CUSIP No. 03073H207
1	Names of reporting persons. Robert C. Ammerman
2	Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
3	SEC use only
4	Source of funds (see instructions) PF
5	Check if disclosure of legal proceedings is required pursuant to Items 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 74,647 shares
		8	Shared voting power 0 shares
		9	Sole dispositive power 74,647 shares
		10	Shared dispositive power 0 shares
11	Aggregate amount beneficially owned by each reporting person 74,647 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) 24.9%
14	Type of reporting person (see instructions) IN

Page 2 of 5 pages

Schedule 13D

This Amendment No. 2 amends the Statement on Schedule 13D (the “Schedule 13D”) filed with the Securities and Exchange commission on December 17, 2010 by Robert C. Ammerman with respect to shares of the 9³/8% Cumulative Participating Redeemable Preferred Stock (face value $12.00) of Ameritrans Capital Corporation.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated to read as follows:

Mr. Ammerman, personally and through self-directed retirement accounts, is the owner of 74,647 shares of Preferred Stock of the Issuer (the “Record Shares”). Mr. Ammerman acquired the Record Shares with approximately $650,000 in personal funds.

Item 5.

Interest in Securities of the Issuer.

Item 5 is hereby amended and restated to read as follows:

(a)

Mr. Ammerman, personally and through self-directed retirement accounts, is the record and beneficial owner of the Record Shares (i.e., 74,647 shares of Preferred Stock).

The Record Shares represent 24.9% of the Preferred Stock of the Issuer, which percentage is calculated based upon 300,000 shares of Preferred Stock reported to be outstanding in the Issuer’s Current Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2010.

(b)

Number of shares as to which Mr. Ammerman has:

(i)

sole power to vote or to direct the vote:

74,647 shares

(ii)

shared power to vote or direct the vote:

0 shares

(iii)

sole power to dispose or to direct the disposition:

74,647 shares

(iv)

shared power to dispose or to direct the disposition:

0 shares

(c) Between December 9, 2010 and December 14, 2010, Mr. Ammerman acquired 40,570 shares of Preferred Stock in open market transactions at a price of $9.00 per share. On December 29, 2010 and December 30, 2010, Mr. Ammerman acquired an additional 11,100 shares of Preferred Stock in open market transactions at a price of $9.03 per share. Between January 5, 2011 and January 19, 2011, Mr. Ammerman acquired 450 shares of Preferred Stock at a price of $9.03 per share and 9,900 shares at $9.00 per share in open market transactions.

Page 3 of 5 pages

(d)

Not applicable.

(e)

Not Applicable.

Page 4 of 5 pages

SIGNATURES

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: January 20, 2011

/s/ Robert C. Ammerman

Robert C. Ammerman

Page 5 of 5 pages

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