-----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, Ar0HEKwCJD9ggMSpk4DziBi8kqjR6Q6PF+J2w0ihf1LRs4xyUF6exN8UAvMgM34D Na1eWGToaO97CMndJ84veg== 0000905558-97-000008.txt : 19970808 0000905558-97-000008.hdr.sgml : 19970808 ACCESSION NUMBER: 0000905558-97-000008 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970807 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LANGER BIOMECHANICS GROUP INC CENTRAL INDEX KEY: 0000725460 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 112239561 STATE OF INCORPORATION: NY FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36032 FILM NUMBER: 97653025 BUSINESS ADDRESS: STREET 1: 450 COMMACK ROAD CITY: DEER PARK STATE: NY ZIP: 11729 BUSINESS PHONE: 5166671200 MAIL ADDRESS: STREET 1: 450 COMMACK ROAD CITY: DEER PARK STATE: NY ZIP: 11729 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRIGRAN INVESTMENTS L P ET AL CENTRAL INDEX KEY: 0000905558 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 363778244 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 155 PFINGSTEN SUITE 360 CITY: DEERFIELD STATE: IL ZIP: 60015 BUSINESS PHONE: 8474059700 MAIL ADDRESS: STREET 1: 155 PFINGSTEN STREET 2: SUITE 360 CITY: DEERFIELD STATE: IL ZIP: 60015 FORMER COMPANY: FORMER CONFORMED NAME: TRIGRAN INVESTMENTS L P DATE OF NAME CHANGE: 19930520 SC 13D/A 1 United States Securities and Exchange Commission Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7) Name of Issuer: The Langer Biomechanics Group, Inc. Title of Class of Securities: Common Stock, $.02 Par Value CUSIP Number: 515707107 Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications: Douglas T. Granat, 155 Pfingsten Road, Suite 360, Deerfield, Illinois 60015 847-405-9700 Date of Event which Requires Filing of this Statement: July 31, 1997 CUSIP No. 515707107 Page 2 of 7 Pages 1. Name of Reporting Person Trigran Investments, L.P. IRS No. 36-3778244 2. Check the appropriate box if a member of a group (a) [ ] (b) [x] 3. SEC Use Only 4. Source of Funds WC 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] N/A 6. Citizenship or Place of Organization Illinois 7. Sole Voting Power See Item 5(b) 8. Shared Voting Power See Item 5(b) 9. Sole Dispositive Power See Item 5(b) 10. Shared Dispositive Power See Item 5(b) 11. Aggregate Amount Beneficially Owned by Each Reporting Person 552,753 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13. Percent of Class Represented by Amount in Row (11) 21.4% 14. Type of Reporting Person PN CUSIP No. 515707107 Page 3 of 7 Pages 1. Name of Reporting Person Kenneth Granat IRS No. ###-##-#### 2. Check the appropriate box if a member of a group (a) [ ] (b) [x] 3. SEC Use Only 4. Source of Funds N/A 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] N/A 6. Citizenship or Place of Organization United States 7. Sole Voting Power See Item 5(b) 8. Shared Voting Power See Item 5(b) 9. Sole Dispositive Power See Item 5(b) 10. Shared Dispositive Power See Item 5(b) 11. Aggregate Amount Beneficially Owned by Each Reporting Person 65,000 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13. Percent of Class Represented by Amount in Row (11) 2.5% 14. Type of Reporting Person IN CUSIP No. 515707107 Page 4 of 7 Pages 1. Name of Reporting Person The Granat Family Limited Partnership IRS No. 36-3995726 2. Check the appropriate box if a member of a group (a) [ ] (b) [x] 3. SEC Use Only 4. Source of Funds PF 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] N/A 6. Citizenship or Place of Organization Illinois 7. Sole Voting Power See Item 5(b) 8. Shared Voting Power See Item 5(b) 9. Sole Dispositive Power See Item 5(b) 10. Shared Dispositive Power See Item 5(b) 11. Aggregate Amount Beneficially Owned by Each Reporting Person 30,000 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13. Percent of Class Represented by Amount in Row (11) 1.2% 14. Type of Reporting Person PN CUSIP No. 515707107 Page 5 of 7 Pages AMENDMENT NO. 7 TO SCHEDULE 13D Item 1 Security and Issuer Common Stock, par value $.02 per share The Langer Biomechanics Group, Inc. (the "Issuer") 450 Commack Road Deer Park, NY 11729 Except as expressly stated below, there have been no material changes in the facts and statements set forth in Schedule 13D, filed April 17, 1993, as amended by Amendment No. 1, filed February 8, 1995, as amended by Amendment No. 2, filed June 7, 1995, as amended by Amendment No. 3, filed October 26, 1995, as amended by Amendment No. 4, filed April 9, 1996, as amended by Amendment No. 5, filed January 15, 1997, and as amended by Amendment No. 6, filed May 2, 1997, with respect to the Common Stock, par value $.02 per share, of The Langer Biomechanics Group, Inc. (Where no material change has occurred with respect to items 2-8, inclusive, or a part thereof, of the Schedule 13D, as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5 and Amendment No. 6, such particular item or respective part thereof is omitted from this Amendment No. 7.) Schedule 13D, as amended by Amendment No.1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, together with Amendment No. 7, is sometimes referred to herein as Schedule 13D, as amended. Item 5 Interest in the Securities of the Issuer (a) The aggregate number and percentage of the common stock (including options to purchase common stock) of the Issuer beneficially owned by the Reporting Persons as of the date of this filing is 647,753 shares or 25.1% as follows: % of Class of Shares Beneficially Securities Identified Person Owned as of 5/2/97 in Item 1 1 552,753 21.4% 2 65,000 2.5% 3 30,000 1.2% (b) Person 1, through its general partner, Trigran Investments, Inc., has sole power to vote and sole power to dispose of the securities listed in (a) above for person 1. Each of Douglas Granat, Kenneth Granat and Lawrence Oberman, as officers of the general partner of Person 1, have shared power to vote and shared power to dispose of the securities listed in (a) above for person 1. Person 2 has sole power to vote and sole power to dispose of the securities listed in (a) above for Persons 2 and 3. (c) Since June 1, 1997, the Persons filing this Schedule 13D, as amended, have acquired the following shares of Common Stock: CUSIP No. 515707107 Page 6 of 7 Pages Amount of Securities Date of Acquired Price per Person Transaction (Disposed) Share Transaction 1 7/22/97 10,000 1.91 Open Market Purchase 1 7/29/97 10,000 1.91 Open Market Purchase 1 7/31/97 1,000 2.02 Open Market Purchase 1 7/31/97 1,000 2.08 Open Market Purchase Note 1: Person 2 was granted options to purchase 40,000 shares of Common Stock under Issuer's Plan on September 13, 1995. Options to purchase 40,000 shares of Common Stock are currently exercisable or will be exercisable within the next sixty days. ******************** CUSIP No. 515707107 Page 7 of 7 Pages After reasonable inquiry and to the best of the undersigned's knowledge, the undersigned certify that the information set forth in this statement is true, complete, and correct. Dated: August 7, 1997 TRIGRAN INVESTMENTS, L.P., an Illinois limited partnership By: Trigran Investments, Inc., general partner By: /s/ Lawrence Oberman, Vice-President /s/ Kenneth Granat THE GRANAT FAMILY LIMITED PARTNERSHIP, an Illinois limited partnership By: /s/ Kenneth Granat, General Partner -----END PRIVACY-ENHANCED MESSAGE-----