-----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, CB8poaEW86flJs3kV30FgznQ0Of+8fpWZDHw5boBMeFgG/JKHXacwH8NcZJUIYq0 DT7gfp21uTFI8t/z0A0uhw== 0001213199-06-000010.txt : 20060125 0001213199-06-000010.hdr.sgml : 20060125 20060125161111 ACCESSION NUMBER: 0001213199-06-000010 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20060125 DATE AS OF CHANGE: 20060125 GROUP MEMBERS: CORSAIR CAPITAL INVESTORS, LTD. GROUP MEMBERS: CORSAIR CAPITAL MANAGEMENT, L.L.C. GROUP MEMBERS: CORSAIR CAPITAL PARTNERS 100, L.P. GROUP MEMBERS: CORSAIR CAPITAL PARTNERS, L.P. GROUP MEMBERS: JAMES W. SIGHT GROUP MEMBERS: JAY R. PETSCHEK GROUP MEMBERS: STEVEN MAJOR SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ICO INC CENTRAL INDEX KEY: 0000353567 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 760566682 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34170 FILM NUMBER: 06549818 BUSINESS ADDRESS: STREET 1: 5333 WESTHEIMER ROAD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7133514100 MAIL ADDRESS: STREET 1: 5333 WESTHEIMER ROAD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SIGHT JAMES W CENTRAL INDEX KEY: 0001031041 IRS NUMBER: 510548468 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8500 COLLEGE BOULEVARD CITY: OVERLAND PARK STATE: KS ZIP: 66210 BUSINESS PHONE: 913-362-9133 MAIL ADDRESS: STREET 1: 8500 COLLEGE BLVD. CITY: OVERLAND PARK STATE: KS ZIP: 66210 SC 13G/A 1 icoc13ga_01-2006.txt SCHEDULE 13G - AMENDMENT1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) ICO, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, No Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 449293109 - -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) December 31, 2005 - -------------------------------------------------------------------------------- (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 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. CUSIP NO. 449293109 Page 2 of 12 Pages - -------------------------------------------------------------------------------- 1) Name And I.R.S. Identification No. Of Reporting Person James W. Sight - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: United States - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 935,000 Shares BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 0 -------------------------------------------------- 7) Sole Dispositive Power: 935,000 Shares -------------------------------------------------- 8) Shared Dispositive Power: 0 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 935,000 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 3.66% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 3 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Corsair Capital Partners, L.P. - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: Delaware - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 205,218 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 205,218 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 205,218 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.8% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: PN - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 4 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Corsair Capital Partners 100, L.P. - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: Delaware - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 7,854 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 7,854 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 7,854 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.03% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: PN - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 5 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Corsair Capital Investors, Ltd. - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: A Cayman Islands exempted company - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 23,933 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 23,933 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 23,933 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.09% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: CO - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 6 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Corsair Capital Management, L.L.C. - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: Delaware - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 237,005 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 237,005 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 237,005 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.93% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: OO - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 7 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Jay R. Petschek - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: United States - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 237,005 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 237,005 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 237,005 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.93% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: IN - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 8 of 12 Pages - -------------------------------------------------------------------------------- 1) Name and I.R.S. Identification No. Of Reporting Person (entities only) Steven Major - -------------------------------------------------------------------------------- 2) Check The Appropriate Box If A Member Of A Group (See Instructions) (a)[x] (b)[ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) Citizenship Or Place Of Organization: United States - -------------------------------------------------------------------------------- 5) Sole Voting Power: NUMBER OF SHARES 0 BENEFICIALLY OWNED -------------------------------------------------- BY EACH REPORTING 6) Shared Voting Power: PERSON WITH 237,005 Shares -------------------------------------------------- 7) Sole Dispositive Power: 0 -------------------------------------------------- 8) Shared Dispositive Power: 237,005 Shares - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned By Each Reporting Person: 237,005 Shares - -------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.93% of Common Stock - -------------------------------------------------------------------------------- 12) Type of Reporting Person: IN - -------------------------------------------------------------------------------- CUSIP No. 449293109 Page 9 of 12 Pages ITEM 1(a). Name of Issuer: ICO, Inc. ITEM 1(b). Address of Issuer's Principal Executive Offices: 5333 Westheimer, Suite 600, Houston, Texas 77056 -------------------------------------------------------------- ITEM 2(a). Names of Persons Filing: James W. Sight ("Mr. Sight") -------------------------------------------------------------- Corsair Capital Partners, L.P. ("Corsair Capital") -------------------------------------------------------------- Corsair Capital Partners 100, L.P. ("Corsair 100") -------------------------------------------------------------- Corsair Capital Investors, Ltd. ("Corsair Investors") -------------------------------------------------------------- Corsair Capital Management, L.L.C. ("Corsair Management") -------------------------------------------------------------- Jay R. Petschek ("Mr. Petschek") -------------------------------------------------------------- Steven Major ("Mr. Major") -------------------------------------------------------------- Corsair Management is the investment manager of Corsair Capital, Corsair 100, and Corsair Investors. Messrs. Petschek and Major are the controlling persons of Corsair Management. ITEM 2(b). Address of Principal Business Office Or, If None, Residence: The principal business address of Mr. Sight is 8500 College Blvd., Overland Park, Kansas 66210. The principal business address for each of Corsair Capital, Corsair 100, Corsair Management, Mr. Petschek and Mr. Major is 350 Madison Avenue, 9th Floor, New York, New York 10017. The principal business address for Corsair Investors is c/o M&C Corporate Services Limited, P.O. Box 309, Ugland House, 113 South Church Street, George Town, Grand Cayman, Cayman Islands, British West Indies. ITEM 2(c). Citizenship: Each of Corsair Capital and Corsair 100 is a limited partnership formed under the laws of the State of Delaware. Corsair Management is a limited liability company formed under the laws of the State of Delaware. CUSIP No. 449293109 Page 10 of 12 Pages Corsair Investors is an exempt company formed under the laws of the Cayman Islands, British West Indies. Each of Mr. Sight, Mr. Petschek and Mr. Major is a citizen of the United States. ITEM 2(d). Title of Class of Securities: Common Stock, No Par Value -------------------------------------------------------------- ITEM 2(e). CUSIP Number: 449293109 --------- ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is: None of the reporting persons is a person or entity designated in Item 3 of the General Instructions. ITEM 4. Ownership: (a) Amount beneficially owned by all reporting persons: 1,172,005 Shares (b) Percent of class: 4.6% of Common Stock (c) Number of shares as to which the reporting persons have: (i) Sole power to vote or direct the vote: See the responses to Item 5 on the attached cover pages. (ii) Shared power to vote or direct the vote: See the responses to Item 6 on the attached cover pages. (iii) Sole power to dispose or to direct the disposition of: See the responses to Item 7 on the attached cover pages. (iv) Shared power to dispose or to direct the disposition of: See the responses to Item 8 on the attached cover pages. ITEM 5. Ownership of five percent or less of a class. If this statement is being filed to reflect the fact that as of the date hereof the reporting person has ceased to be the owner 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. Not applicable. CUSIP No. 449293109 Page 11 of 12 Pages 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. See Item 2. ITEM 9. Notice of dissolution of group. Not applicable. ITEM 10. Certifications. 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 or as a participant in any transaction having that purpose or effect. EXHIBITS Exhibit 1: Joint Filing Agreement. CUSIP No. 449293109 Page 12 of 12 Pages SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct. Dated: January 24, 2006 /s/ James W. Sight ------------------- James W. Sight CORSAIR CAPITAL PARTNERS, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL INVESTORS, LTD. By: Corsair Capital Management, L.L.C., Director By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL PARTNERS 100, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL MANAGEMENT, L.L.C. By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member /s/ Jay R. Petschek ------------------- Jay R. Petschek /s/ Steven Major ---------------- Steven Major EX-1 2 exhibit-1.txt JOINT FILING AGREEMENT EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned parties hereby agrees to file jointly a statement on Schedule 13G (including any amendments thereto) with respect to the Common Stock of ICO, Inc. The undersigned acknowledge that each shall be responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, but such party shall not be responsible for the completeness and accuracy of information concerning the other party unless such party knows or has reason to believe that such information is inaccurate. It is understood and agreed that a copy of this joint filing agreement shall be attached as an exhibit to the statement on Schedule 13G, and any amendments thereto, as filed on behalf of the undersigned parties. Dated: January 24, 2006 /s/ James W. Sight ------------------- James W. Sight CORSAIR CAPITAL PARTNERS, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL INVESTORS, LTD. By: Corsair Capital Management, L.L.C., Director By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL PARTNERS 100, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member CORSAIR CAPITAL MANAGEMENT, L.L.C. By: /s/ Jay R. Petschek ---------------- Jay R. Petschek, Managing Member /s/ Jay R. Petschek ------------------- Jay R. Petschek /s/ Steven Major ---------------- Steven Major -----END PRIVACY-ENHANCED MESSAGE-----