-----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, RshjzMcxmYxkowX3+1KLUCmfrEed74oI++f2X4VeaEA2zgvdvyMwIcuXlqrJe7IX GNEjXsKU2TxHSOrwWbOb1A== 0000950131-97-000215.txt : 19970116 0000950131-97-000215.hdr.sgml : 19970116 ACCESSION NUMBER: 0000950131-97-000215 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970115 SROS: NASD GROUP MEMBERS: GRANAT KENNETH GROUP MEMBERS: THE GRANAT FAMILY LIMITED PARTNERSHIP GROUP MEMBERS: TRIGAN INVESTMENTS, L/P. 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 SEC ACT: 1934 Act SEC FILE NUMBER: 005-36032 FILM NUMBER: 97506465 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: GRANAT KENNETH CENTRAL INDEX KEY: 0001030709 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 155 KINGSTON STREET 2: SUITE 360 CITY: DEERFIELD STATE: IL ZIP: 60016 BUSINESS PHONE: 8474059700 MAIL ADDRESS: STREET 1: 155 KINGSTON STREET 2: SUITE 360 CITY: DEERFIELD STATE: IL ZIP: 60016 SC 13D 1 SCHEDULE 13D ------------------------------- / OMB APPROVAL / ------------------------------- / OMB Number: 3235-0145 / / Expires: October 31,1997 / / Estimated average burden / / hours per response.... 14.90/ ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* The Langer Biomechanics Group, Inc. ________________________________________________________________________________ (Name of Issuer) Common Stock, $.02 Par Value ________________________________________________________________________________ (Title of Class of Securities) 515707107 _______________________________________________________________ (CUSIP Number) Douglas T. Granat, 155 Pfingsten, Suite 360 Deerfield, IL 60015 (847) 405-9700 ________________________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 18, 1996 _______________________________________________________________ (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 disclosures provided in a prior cover page. The information required on 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). SEC 1746(12-91) SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 515707107 PAGE 2 OF 7 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Trigran Investments L.P. 36-3778244 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Illinois - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 See Item 5(b) NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 See Item 5(b) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 See Item 5(b) REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 See Item 5(b) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 493,453 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 19.1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 515707107 PAGE 3 OF 7 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kenneth Granat ###-##-#### - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 N/A - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF See Item 5(b) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY See Item 5(b) ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING See Item 5(b) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 See Item 5(b) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 53,333 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 2.1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 515707107 PAGE 4 OF 7 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Granat Family Limited Partnership 36-3995726 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 PF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Illinois - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF See Item 5(b) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY See Item 5(b) ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING See Item 5(b) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 See Item 5(b) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 30,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 1.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. AMENDMENT NO. 5 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, and as amended by Amendment No. 4, filed April 9, 1996, 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, and Amendment No. 4, such particular item or respective part thereof is omitted from this Amendment No. 5.) Schedule 13D, as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, and Amendment No. 4, together with this Amendment No. 5, 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 576,786 shares or 22.4% as follows:
% of Class of Shares Beneficially Securities Identified Person Owned as of 1/1/97 in Item 1 ------ ------------------- --------- 1 493,453 19.1% 2 53,333 2.1% 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 October 18, 1996, the Persons filing this Schedule 13D, as amended, have acquired the following shares of Common Stock: Page 5 of 7 Amount of Securities Date of Acquired/ Price per Trans- Person Transaction (Disposed) Share action - ------ ----------- -------------------- --------- ------ 1 12/18/96 30,500 1.61 Open Market Purchase 1 12/19/96 15,000 1.66 Open Market Purchase 1 12/20/96 10,000 1.66 Open Market Purchase 1 12/24/96 1,000 1.68 Open Market Purchase 1 12/31/96 2,000 1.61 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 28,333 shares of Common Stock are currently exercisable or will be exercisable within the next sixty days. Page 6 of 7 Signature - --------- 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. January _____, 1997 TRIGRAN INVESTMENTS, L.P., an Illinois limited partnership By: Trigran Investments, Inc., general partner By: /s/ Douglas Granat -------------------------------------- Douglas Granat, President /s/ Kenneth Granat -------------------------------------- Kenneth Granat THE GRANAT FAMILY LIMITED PARTNERSHIP, an Illinois limited partnership By: /s/ Kenneth Granat ------------------------------------- Kenneth Granat, General Partner Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----