o |
Rule 13d-1(b)
|
x
|
Rule 13d-1(c)
|
o |
Rule 13d-1(d)
|
13G | Page 2 of 5 Pages |
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Frost Gamma Investments Trust
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)¨
(b)o
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
|
5
|
SOLE VOTING POWER.
671,779
|
6
|
SHARED VOTING POWER
0
|
|
7
|
SOLE DISPOSITIVE POWER
671,779
|
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
671,779
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.33%
|
|
12
|
TYPE OF REPORTING PERSON
OO - Other
|
|
13G | Page 3 of 5 Pages |
(a)
|
Name of Issuer: HI-TECH PHARMACAL CO., INC.
|
(b)
|
Address of Issuer’s Principal Executive Offices: 369 Bayview Avenue, Amityville, New York 11701
|
(a)
|
Name of Person Filing: Frost Gamma Investments Trust
|
(b)
|
Address of Principal Business Office or, if none, Residence: 4400 Biscayne Blvd.
|
(c)
|
Citizenship: United States of America
|
(d)
|
Title of Class of Securities: Common Stock
|
(e)
|
CUSIP Number: 4284B101
|
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:
|
Item 4.
|
Ownership.
|
(a)
|
Amount beneficially owned: 671,779
|
(b)
|
Percent of class: 5.33%
|
(c)
|
Number of shares as to which the person has:
|
|
(i)
|
Sole power to vote or to direct the vote: 671,779
|
|
(ii)
|
Shared power to vote or to direct the vote: 0
|
|
(iii)
|
Sole power to dispose or to direct the disposition of: 671,779
|
|
(iv)
|
Shared power to dispose or to direct the disposition of: 0
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
|
13G | Page 4 of 5 Pages |
Item 8.
|
Identification and Classification of Members of the Group.
|
Item 9.
|
Notice of Dissolution of Group.
|
Item 10.
|
Certifications.
|
13G | Page 5 of 5 Pages |
FROST GAMMA INVESTMENTS TRUST
|
||
By:
|
/s/ Phillip Frost
|
|
Phillip Frost, Trustee
|