0001019687-16-006595.txt : 20160607 0001019687-16-006595.hdr.sgml : 20160607 20160607170447 ACCESSION NUMBER: 0001019687-16-006595 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160607 DATE AS OF CHANGE: 20160607 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL HOLDINGS CORP CENTRAL INDEX KEY: 0001023844 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] IRS NUMBER: 364128138 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51125 FILM NUMBER: 161701958 BUSINESS ADDRESS: STREET 1: 410 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-417-8000 MAIL ADDRESS: STREET 1: 410 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: OLYMPIC CASCADE FINANCIAL CORP DATE OF NAME CHANGE: 19960927 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Klein Mark D CENTRAL INDEX KEY: 0001322402 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: LADENBURG THALMANN FINANCIAL SERVICES STREET 2: 590 MADISON AVENUE, 34TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 klein_13da1.htm SCHEDULE 13D AMENDMENT

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

______________

 

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

 

(Amendment No. 1)

 

National Holdings Corporation

(Name of Issuer)

 

Common Stock, $0.02 par value

(Title of Class of Securities)

 

636375206

(CUSIP Number)

 

Mark D. Klein

590 Madison Avenue, 29th Floor
New York, NY 10022

(212) 409-2400

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

June 3, 2016

(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 
 

 

1

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Mark D. Klein

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [_]

(b) [_]

3

SEC USE ONLY

 

4

SOURCE OF FUNDS*

 

PF, OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [_]

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

 7

SOLE VOTING POWER

 

912,914

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

912,914

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

912,914

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

7.0%

14

TYPE OF REPORTING PERSON*

 

IN

 

 

 
 

CUSIP No.  636375206 13D Page 3 of 5 Pages

 

The following constitutes Amendment No. 1 to the initial Schedule 13D filed by the undersigned on May 5, 2016 (“Amendment No. 1”). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

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

 

The aggregate purchase price of 342,914 Shares owned by Mr. Klein is approximately $1,028,742, excluding brokerage commissions. Such Shares were acquired with the personal funds of Mr. Klein. The remaining 570,000 Shares beneficially owned by Mr. Klein are issuable upon the exercise of stock options owned directly by Mr. Klein.

 

Item 5. Interest in Securities of the Issuer.

 

Items 5(a)-(c) are hereby amended and restated to read as follows:

 

(a) The aggregate percentage of Shares reported owned by Mr. Klein is based upon 12,440,035 Shares outstanding as of May 16, 2016, which is the total number of Shares outstanding as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 16, 2016.

 

As of the close of business on the date hereof, Mr. Klein beneficially owned 912,914 Shares (consisting of (i) 570,000 Shares issuable upon exercise of vested options held directly by him, and (ii) 342,914 Shares held by a company controlled by him), constituting approximately 7.0% of the Shares outstanding.

 

(b) Mr. Klein has the sole power to vote or direct the vote of, and to dispose or direct the disposition of, the Shares owned by him.

 

(c) Schedule A annexed hereto lists all transactions in the Shares by Mr. Klein since the filing of his initial Schedule 13D. All of such transactions were effected in the open market.

 
 

CUSIP No.  636375206 13D Page 4 of 5 Pages

 

SIGNATURES

 

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

 

Dated: June 7, 2016

  By:

/s/ Mark D. Klein

  Name: Mark D. Klein

 

 

 

 

 

 

 

 

 

 

 

 

 
 
CUSIP No.  636375206 13D Page 5 of 5 Pages

 

SCHEDULE A

 

Transactions in the Shares Since the Filing of the Initial Schedule 13D

 

Shares of Common Stock
(Sold)

Price Per

Share

Date of

Sale

 

Mark D. Klein

     
(____) $____ __/__/__