-----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, CwgqTsNm4EyupXcos6Dd8VRdumzuGyNMdjpeyLdR9TMB9ybcbvycKDBVwbPade5D i1rVN4ZZPh/MoWkYpaV84w== 0001104659-10-007370.txt : 20100216 0001104659-10-007370.hdr.sgml : 20100215 20100216162627 ACCESSION NUMBER: 0001104659-10-007370 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 GROUP MEMBERS: SHEFFIELD INSTITUTIONAL PARTNERS, L.P. GROUP MEMBERS: SHEFFIELD INTERNATIONAL PARTNERS MASTER, LTD. GROUP MEMBERS: SHEFFIELD PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ruths Hospitality Group, Inc. CENTRAL INDEX KEY: 0001324272 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 721060618 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81127 FILM NUMBER: 10608328 BUSINESS ADDRESS: STREET 1: 500 INTERNATIONAL PARKWAY STREET 2: SUITE 100 CITY: HEATHROW STATE: FL ZIP: 32746 BUSINESS PHONE: (407) 333-7440 MAIL ADDRESS: STREET 1: 500 INTERNATIONAL PARKWAY STREET 2: SUITE 100 CITY: HEATHROW STATE: FL ZIP: 32746 FORMER COMPANY: FORMER CONFORMED NAME: Ruths Chris Steak House, Inc. DATE OF NAME CHANGE: 20050419 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sheffield Asset Management CENTRAL INDEX KEY: 0001314150 IRS NUMBER: 030502647 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 900 NORTH MICHIGAN AVENUE STREET 2: SUITE 1100 CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 312-506-6403 MAIL ADDRESS: STREET 1: 900 NORTH MICHIGAN AVENUE STREET 2: SUITE 1100 CITY: CHICAGO STATE: IL ZIP: 60611 SC 13G 1 a10-3789_2sc13g.htm SC 13G

 

 

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Ruth’s Hospitality Group, Inc.

(Name of Issuer)

Common Stock, no par value per share

(Title of Class of Securities)

783332109

(CUSIP Number)

February 4, 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 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).

 



 

CUSIP No. 783332109

 

 

(1)

Names of Reporting Persons.
Sheffield Partners, L.P.

 

 

(2)

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

 

 

(a)

o

 

 

(b)

o

 

 

(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
353,077

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
353,077

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
353,077

 

 

(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)
1.03%*

 

 

(12)

Type of Reporting Person (See Instructions)
PN

 


*Calculation based on 34,426,530 shares of common stock outstanding, including 24,186,530 shares outstanding as reported in the Issuer’s Prospectus Supplement filed January 21, 2010 and the issuance of 10,240,000 shares of common stock on February 9, 2010 pursuant to the Issuer’s successful completion of its rights offering.

 

2



 

CUSIP No. 783332109

 

 

(1)

Names of Reporting Persons.
Sheffield Institutional Partners, L.P.

 

 

(2)

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

 

 

(a)

o

 

 

(b)

o

 

 

(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
678,003

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
678,003

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
678,003

 

 

(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)
1.97%*

 

 

(12)

Type of Reporting Person (See Instructions)
PN

 


*Calculation based on 34,426,530 shares of common stock outstanding, including 24,186,530 shares outstanding as reported in the Issuer’s Prospectus Supplement filed January 21, 2010 and the issuance of 10,240,000 shares of common stock on February 9, 2010 pursuant to the Issuer’s successful completion of its rights offering.

 

3



 

CUSIP No. 783332109

 

 

(1)

Names of Reporting Persons.
Sheffield International Partners Master, Ltd.

 

 

(2)

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

 

 

(a)

o

 

 

(b)

o

 

 

(3)

SEC Use Only

 

 

(4)

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0

 

(6)

Shared Voting Power
383,483

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
383,483

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
383,483

 

 

(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)
1.11%*

 

 

(12)

Type of Reporting Person (See Instructions)
CO

 


*Calculation based on 34,426,530 shares of common stock outstanding, including 24,186,530 shares outstanding as reported in the Issuer’s Prospectus Supplement filed January 21, 2010 and the issuance of 10,240,000 shares of common stock on February 9, 2010 pursuant to the Issuer’s successful completion of its rights offering.

 

4



 

CUSIP No. 783332109

 

 

(1)

Names of Reporting Persons.
Sheffield Asset Management, L.L.C.

 

 

(2)

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

 

 

(a)

o

 

 

(b)

o

 

 

(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
1,414,563

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
1,414,563

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
1,414,563

 

 

(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)
4.11%

 

 

(12)

Type of Reporting Person (See Instructions)
OO

 


*Calculation based on 34,426,530 shares of common stock outstanding, including 24,186,530 shares outstanding as reported in the Issuer’s Prospectus Supplement filed January 21, 2010 and the issuance of 10,240,000 shares of common stock on February 9, 2010 pursuant to the Issuer’s successful completion of its rights offering.

 

5



 

CUSIP No. 783332109

 

Item 1(a).

Name of Issuer:
Ruth’s Hospitality Group, Inc.

Item 1(b).

Address of Issuer’s Principal Executive Offices:
500 International Parkway Suite 100
Heathrow, FL 32746

 

Item 2(a).

Name of Person Filing:
This statement is being filed by Sheffield Partners, L.P. (“SPLP”), Sheffield Institutional Partners, L.P. (“SIPLP”), Sheffield International Partners Master, Ltd. (“SIPMLTD”) and Sheffield Asset Management, L.L.C. (“SAM” and together with SPLP, SIPLP and SIPMLTD, the “Reporting Persons”).  The members of SAM are Brian J. Feltzin and Craig C. Albert.

Item 2(b).

Address of Principal Business Office or, if none, Residence:
900 North Michigan Avenue, Suite 1100
Chicago, Illinois  60611

Item 2(c).

Citizenship:

 

SPLP

Delaware

 

SIPLP

Delaware

 

SIPMLTD

Cayman Islands

 

SAM

Delaware

 

Item 2(d).

Title of Class of Securities:
Common Stock, no par value per share

Item 2(e).

CUSIP Number:
783332109

 

Item 3.

Not Applicable.

 

The Reporting Persons are filing this Schedule 13G pursuant to Rule 13d-1(c).

 

6



 

CUSIP No. 783332109

 

Item 4.

Ownership

 

The information in items 1 and 5 through 11 on the cover pages (pp. 2 - 5) of this Schedule 13G is hereby incorporated by reference.†

 

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 5% of the class of securities, check the following:   x.

 

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.

 


† The Reporting Persons may have been deemed to beneficially own up to 5.6% of the Issuer’s outstanding common stock following the Reporting Persons’ purchase of rights to acquire common stock of the Issuer on February 4, 2010.  However, upon the issuance of 10,240,000 shares pursuant to the closing of the rights offering on February 9, 2010, the Reporting Persons beneficially owned less than 5% of the outstanding common stock, as reflected in items 1 and 5 through 11 on the cover pages (pp. 2 - 5) of this Schedule 13G.

 

7



 

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.

 

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.

 

Date: February 16, 2010

 

 

 

Sheffield Partners, L.P.

 

 

By:

Sheffield Asset Management, L.L.C.

 

 

Its:

General Partner

 

 

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

Sheffield Institutional Partners, L.P.

 

 

By:

Sheffield Asset Management, L.L.C.

 

 

Its:

General Partner

 

 

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

Sheffield International Partners Master, Ltd.

 

 

By:

Sheffield Asset Management, L.L.C.

 

 

Its:

Investment Advisor

 

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

Sheffield Asset Management, L.L.C.

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

8


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