-----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, MKCjxQYzovzzJgEtaPGn1DbJXjrn42WmigW143duE/0j+Z3O6jEvIZxwLPkjUdHQ nNflcuGm5I05LDFzmuZkAA== 0000919574-02-000853.txt : 20020415 0000919574-02-000853.hdr.sgml : 20020415 ACCESSION NUMBER: 0000919574-02-000853 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020405 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARDINAL CAPITAL MANAGEMENT LLC /ADV/ CENTRAL INDEX KEY: 0000944481 IRS NUMBER: 061422705 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE FAWCETT PL CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038638990 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GP STRATEGIES CORP CENTRAL INDEX KEY: 0000070415 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 131926739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38329 FILM NUMBER: 02603225 BUSINESS ADDRESS: STREET 1: 9 W 57TH ST STREET 2: STE 4170 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2122309500 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: STE 4107 CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL PATENT DEVELOPMENT CORP DATE OF NAME CHANGE: 19920703 SC 13D/A 1 gp01269001al5.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* GP STRATEGIES CORPORATION (Name of Issuer) Common Stock (Title of Class of Securities) 36225V104 (CUSIP Number) Eugene Fox, III c/o Cardinal Capital Management, L.L.C. One Fawcett Place Greenwich, Connecticut 06830 (203) 863-8982 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) April 2, 2002 (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 [ ]. 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. - ----------------- * 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). CUSIP No. 88221T104 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Cardinal Capital Management, L.L.C. 2. Check the appropriate box if a member of a group a. b. 3. SEC Use Only 4. SOURCE OF FUNDS WC 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) of 2(e) 6. Citizenship or Place of Organization U.S. 7. Sole Voting Power 0 8. Shared Voting Power 0 9. Sole Dispositive Power 0 10. Shared Dispositive Power 0 2 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* X 13. Percent of Class Represented by Amount in Row (11) 0% 14. Type of Reporting Person* IA, OO *See instructions before filling out 3 The purpose of this Amendment No. 2 is to report that the ownership of Cardinal Capital Management, L.L.C. in the Common Stock of GP Strategies Corporation has decreased by more than 1% of the total outstanding shares since the date of the original filing on Schedule D. The Ownership of GP Strategies Corporation has decreased from 7.2% to 0% of the total outstanding shares. Item 1. SECURITY AND ISSUER This statement relates to shares of common stock (the "Common Stock") of GP Strategies Corporation ("GP"). GP's principal executive office is located at 9 West 57th Street, New York, New York 10019. Item 2. IDENTITY AND BACKGROUND No change. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION As of the date hereof, Cardinal may be deemed to beneficially own no shares of GP's Common Stock. Mr. Eugene Fox, III, a portfolio manager of Cardinal, no longer owns any shares of GP's Common Stock. Mr. Robert Kirkpatrick, also a portfolio manager of Cardinal, and Ms. Amy Minella (together with Messrs. Fox and Kirkpatrick, the "Individual Investors") are the beneficial owners of the Common Stock held in their personal accounts or in the accounts of family members as follows: Ms. Minella, 13,000 shares; and Mr. Kirkpatrick, 3,000 shares. 4 Item 4. PURPOSE OF TRANSACTION Effective April 2, 2002, Cardinal disposed of all of its 1,006,800 shares of GP's Common Stock. Therefore, Cardinal is no longer a Reporting Person. Item 5. INTEREST IN SECURITIES OF THE ISSUER As of the date hereof, Cardinal may be deemed to be the beneficial owner of no shares of GP's Common Stock, constituting 0% of the outstanding shares of GP's Common Stock based upon 12,780,285 shares outstanding as of March 22, 2002, according to GP's most recent Form 10-K. Cardinal has the power to vote or direct the vote of none of the shares of GP Common Stock to which this filing relates. Cardinal has the power to dispose of and direct the disposition of none of the shares to which this filing relates. Pursuant to Rule 13d-4, Cardinal disclaims beneficial ownership of the shares of GP Common Stock beneficially owned by each of Ms. Minella, Mr. Fox and Mr. Kirkpatrick. In the aggregate, the Individual Investors are the beneficial owners of 16,000 shares of the Common Stock which represents less than 1% of the shares of GP outstanding (.0015%). As of the date hereof, Ms. Minella is the beneficial owner of 13,000 shares of GP Common Stock, constituting less than 1% of the shares outstanding as of March 22, 2002. Ms. Minella has the power to vote or direct the vote of, and to dispose of or direct the disposition of, the 13,000 shares of GP Common Stock. 5 As of the date hereof, Mr. Fox is the beneficial owner of no shares of GP Common Stock. Mr. Fox has the power to vote or direct the vote of, and to dispose of or direct the disposition of, no shares of GP Common Stock. As of the date hereof, Mr. Kirkpatrick is the beneficial owner of 3,000 shares of GP Common Stock, constituting less than 1% of the shares outstanding as of March 22, 2002. Mr. Kirkpatrick has the power to vote or direct the vote of, and to dispose of or direct the disposition of, 3,000 shares of GP Common Stock. The trading dates, number of shares purchased or sold and price per share for all transactions in the Common Stock during the past 60 days by the person listed in Item 1 are set forth on Schedule A, and were all effected in broker transactions. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER No change. Item 7. MATERIAL TO BE FILED AS EXHIBITS None. 6 Signature After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. April 5, 2002 Cardinal Capital Management, L.L.C. /s/ Eugene Fox, III ----------------------------------- Name: Eugene Fox, III Title: Managing Director 7 SCHEDULE A CARDINAL CAPITAL MANAGEMENT, L.L.C. TRANSACTIONS IN COMMON STOCK DATE OF NUMBER OF PRICE PER TRANSACTION SHARES SOLD SHARE 4/02/02 1,006,800 3.85 01269001.AL5 -----END PRIVACY-ENHANCED MESSAGE-----