0000905148-12-001767.txt : 20120927 0000905148-12-001767.hdr.sgml : 20120927 20120927143637 ACCESSION NUMBER: 0000905148-12-001767 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120927 DATE AS OF CHANGE: 20120927 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SCHOOL SPECIALTY INC CENTRAL INDEX KEY: 0001055454 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS [5000] IRS NUMBER: 390971239 STATE OF INCORPORATION: WI FISCAL YEAR END: 0424 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55741 FILM NUMBER: 121112848 BUSINESS ADDRESS: STREET 1: W6316 DESIGN DRIVE CITY: GREENVILLE STATE: WI ZIP: 54942 BUSINESS PHONE: (920) 734-5712 MAIL ADDRESS: STREET 1: P.O. BOX 1579 CITY: APPLETON STATE: WI ZIP: 54912-1579 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Kendall Square Capital, LLC CENTRAL INDEX KEY: 0001533212 IRS NUMBER: 263964663 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 235 MONTGOMERY STREET SUITE 1010 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4153911540 MAIL ADDRESS: STREET 1: 235 MONTGOMERY STREET SUITE 1010 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13G/A 1 efc12-702_fmsc13ga.htm efc12-702_fmsc13ga.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
 
SCHOOL SPECIALTY, INC.
 (Name of Issuer)
 
Common Stock, $0.001 par value per share
 (Title of Class of Securities)
 
807863105
 (CUSIP Number)
 
September 27, 2012**
 (Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[    ]           Rule 13d-1(b)
 
[ X ]           Rule 13d-1(c)
 
[    ]           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).
 

Continued on following pages
Page 1 of 10 Pages
Exhibit Index: Page 9



**The Reporting Persons are choosing to voluntarily file this amendment to Schedule 13G early, in advance of the annual amendment filing deadline pursuant to Rule 13d-2(b) of the Act, in order to reflect that the Reporting Persons no longer beneficially own any of the class of securities of the Issuer reported herein and therefore are no longer subject to the reporting requirements under Section 13(d) or (g) of the Act with respect to the class, unless and until the Reporting Persons hereafter become the beneficial owner of more than five percent of the class.
 
 
 
 

 
 

 
 
 
     
CUSIP No.: 807863105
 
Page 2 of 10 Pages

1.
Names of Reporting Persons.
 
KENDALL SQUARE CAPITAL, LLC
2.
Check the Appropriate Box if a Member of a Group
 
(a) [   ]
(b) [   ]
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
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
11.
Percent of Class Represented by Amount in Row (9)
 
0.0%
12.
Type of Reporting Person
 
IA, HC
 
 
 
 

 

 
 
 
     
CUSIP No.: 807863105
 
Page 3 of 10 Pages

1.
Names of Reporting Persons.
 
KENDALL SQUARE QP, LP
2.
Check the Appropriate Box if a Member of a Group
 
(a) [   ]
(b) [   ]
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
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
11.
Percent of Class Represented by Amount in Row (9)
 
0.0%
12.
Type of Reporting Person
 
PN
 
 
 
 

 
 

 
 
 
     
CUSIP No.: 807863105
 
Page 4 of 10 Pages

1.
Names of Reporting Persons.
 
JASON F. HARRIS
2.
Check the Appropriate Box if a Member of a Group
 
(a) [   ]
(b) [   ]
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
0
6.
Shared Voting Power
0
7.
Sole Dispositive Power
0
8.
Shared Dispositive Power
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[   ]
11.
Percent of Class Represented by Amount in Row (9)
 
0.0%
12.
Type of Reporting Person
 
IN, HC
 
 
 
 
 

 
 
Page 5 of 10 Pages
 

 
Item 1(a).
Name of Issuer:
 
School Specialty, Inc. (the “Issuer”)
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
W6316 Design Drive, Greenville, Wisconsin 54942

Item 2(a).
Name of Person Filing
 
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

i)           Kendall Square Capital, LLC (the “General Partner”);

ii)           Kendall Square QP, LP (the “QP Fund”); and

iii)           Jason F. Harris (“Mr. Harris”).
 
This Statement relates to Shares (as defined herein) held for the account of each of the QP Fund and Kendall Square Capital LP, a Delaware limited partnership (the “LP Fund”).  The General Partner serves as the general partner of each of the QP Fund and the LP Fund.  Mr. Harris serves as the managing member of the General Partner.

Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
The address of the principal business office of each of the Reporting Persons is 235 Montgomery Street, Suite 1010, San Francisco, CA 94104.

Item 2(c).
Citizenship:
 
i)           The General Partner is a Delaware limited liability company;

ii)           The QP Fund is a Delaware limited partnership; and

iii)           Mr. Harris is a citizen of the United States of America.

Item 2(d).
Title of Class of Securities:
 
Common Stock, $0.001 par value per share (the “Shares”)
 
Item 2(e).
CUSIP Number:
 
807863105

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:
 
 
This Item 3 is not applicable.
 
 
 
 
 

 
Page 6 of 10 Pages


Item 4.
Ownership:
 
Item 4(a)
Amount Beneficially Owned:
 
As of September 27, 2012, each of the Reporting Persons may be deemed to be the beneficial owner of 0 Shares.

Item 4(b)
Percent of Class:

As of September 27, 2012, each of the Reporting Persons may be deemed to be the beneficial owner of approximately 0.0% of the total number of Shares outstanding.

Item 4(c)
Number of Shares as to which such person has:
 
QP Fund, General Partner and Mr. Harris:
 
(i) Sole power to vote or direct the vote:
 
0
(ii) Shared power to vote or direct the vote:
 
0
(iii) Sole power to dispose or direct the disposition of:
 
0
(iv) Shared power to dispose or direct the disposition of:
 
0
 
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 Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [ X ].
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
This Item 6 is not applicable.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

See disclosure in Item 2 hereof.

Item 8.
Identification and Classification of Members of the Group:
 
This Item 8 is not applicable.
 
Item 9.
Notice of Dissolution of Group:
 
This Item 9 is not applicable.
 
 
 
 
 
 

 
Page 7 of 10 Pages

 
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.
 
 
 
 
 
 

 
Page 8 of 10 Pages


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.

   
KENDALL SQUARE CAPITAL, LLC
     
   
By:         /s/ Jason F. Harris                           
   
Name:   Jason F. Harris
   
Title:      Managing Member
     
   
KENDALL SQUARE QP, LP
 
   
By:         Kendall Square Capital, LLC, its General Partner
 
By:         /s/ Jason F. Harris                           
   
Name:   Jason F. Harris
   
Title:      Managing Member
     
   
JASON F. HARRIS
 
   
/s/ Jason F. Harris               
 
September 27, 2012
   

 
 

 
 
Page 9 of 10 Pages
 
 
EXHIBIT INDEX
 
Ex.
 
Page No.
 
A
Joint Filing Agreement
 10
 
 
 
 
 
 

 

 
 

 
 
Page 10 of 10 Pages
 

 
EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of School Specialty, Inc. dated as of September 27, 2012 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.


   
KENDALL SQUARE CAPITAL, LLC
     
   
By:         /s/ Jason F. Harris                           
   
Name:   Jason F. Harris
   
Title:      Managing Member
     
   
KENDALL SQUARE QP, LP
 
   
By:         Kendall Square Capital, LLC, its General Partner
 
By:         /s/ Jason F. Harris                           
   
Name:   Jason F. Harris
   
Title:      Managing Member
     
   
JASON F. HARRIS
 
   
/s/ Jason F. Harris               
 
September 27, 2012