-----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, O5xsF/Tjc2hDPm9pRvNHayT4W/hydaDu+Ms1az5GB2ZlVt4e0NJp4bTy0dGDfxMx sI1OqhFMxQ7NP1p2yFopIA== 0001144204-11-004193.txt : 20110126 0001144204-11-004193.hdr.sgml : 20110126 20110126164633 ACCESSION NUMBER: 0001144204-11-004193 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110126 DATE AS OF CHANGE: 20110126 GROUP MEMBERS: JOHN LANDES GROUP MEMBERS: NELSON OBUS GROUP MEMBERS: WYNNEFIELD CAPITAL MANAGEMENT, LLC GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE OFFSHORE FUND, LTD. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOBEL LEARNING COMMUNITIES INC CENTRAL INDEX KEY: 0000721237 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 222465204 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45470 FILM NUMBER: 11549840 BUSINESS ADDRESS: STREET 1: 1615 W CHESTER PIKE STREET 2: STE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 BUSINESS PHONE: 484-947-2000 MAIL ADDRESS: STREET 1: 1615 W CHESTER PIKE STREET 2: STE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 FORMER COMPANY: FORMER CONFORMED NAME: NOBEL EDUCATION DYNAMICS INC DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: ROCKING HORSE CHILD CARE CENTERS OF AMERICA INC /DE/ DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: PETRIE CORP DATE OF NAME CHANGE: 19851031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WYNNEFIELD PARTNERS SMALL CAP VALUE LP CENTRAL INDEX KEY: 0000899083 IRS NUMBER: 133688497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 450 SEVENTH AVENUE STREET 2: SUITE 509 CITY: NEW YORK STATE: NY ZIP: 10123 BUSINESS PHONE: 212-760-0814 MAIL ADDRESS: STREET 1: 450 SEVENTH AVENUE STREET 2: SUITE 509 CITY: NEW YORK STATE: NY ZIP: 10123 SC 13G/A 1 v209026_sc13g-a.htm Unassociated Document


 
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.  20549
 
SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)
 
 
NOBEL LEARNING COMMUNITIES, INC.
(Name of Issuer)
 
Common Stock, $.001 Par Value Per Share
 (Title and Class of Securities)
 
654889104
(CUSIP Number)
 
December 31, 2010
(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)


 
 

 


CUSIP No. 654889104
 
Page 2 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
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
 
354,467 Shares
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
354,647 Shares
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
354,647 Shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
3.4%
12
TYPE OF REPORTING PERSON
 
PN


 
2

 


CUSIP No. 654889104
 
Page 3 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
SEC USE ONLY
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
472,495 Shares
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
472,495 Shares
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
472,495 Shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.5%
12
TYPE OF REPORTING PERSON
 
PN


 
3

 


CUSIP No. 654889104
 
Page 4 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD PARTNERS SMALL CAP VALUE OFFSHORE FUND, LTD.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
231,797 Shares
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
231,797 Shares
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
231,797 Shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
2.2%
12
TYPE OF REPORTING PERSON
 
CO
 
 
4

 


CUSIP No. 654889104
 
Page 5 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
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
 
16,900 Shares
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
16,900 Shares
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
16,900 Shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.2%
12
TYPE OF REPORTING PERSON
 
CO


 
5

 


CUSIP No. 654889104
 
Page 6 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD CAPITAL MANAGEMENT, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
826,962 Shares (1)
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
826,962 Shares (1)
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
826,962 Shares (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
7.8% (1)
12
TYPE OF REPORTING PERSON
 
OO
(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.

 
6

 


CUSIP No. 654889104
 
Page 7 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
WYNNEFIELD CAPITAL, INC.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
231,797 Shares (1)
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
231,797 Shares (1)
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
231,797 Shares (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
2.2% (1)
12
TYPE OF REPORTING PERSON
 
CO
(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.

 
7

 


CUSIP No. 654889104
 
Page 8 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
NELSON OBUS
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
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
 
1,075,659 Shares (1)
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
1,075,659 Shares (1)
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,075,659 Shares (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
10.2%
12
TYPE OF REPORTING PERSON   
 
IN
(1) Mr. Obus may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund) and the portfolio manager of Wynnefield Capital, Inc. Profit Sharing Plan.  The filing of this Statement and any future amendment by Mr. Obus, and the inclusion of information herein and therein with respect to Mr. Obus, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest.  Mr. Obus disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.

 
8

 


CUSIP No. 654889104
 
Page 9 of 13 Pages

1
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
JOHN LANDES
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [  ]
(b) [x] Reporting Person is affiliated with other persons
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
 
1,058,759 Shares (1)
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
1,058,759 Shares (1)
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,058,759 Shares (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
£
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
10.0%
12
TYPE OF REPORTING PERSON   
 
IN
(1) Mr. Landes may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, and Wynnefield Small Cap Value Offshore Fund, because he is a co-managing member of Wynnefield Capital Management, LLC and a principal executive officer of Wynnefield Capital, Inc. The filing of this Statement and any future amendment by Mr. Landes, and the inclusion of information herein and therein with respect to Mr. Landes, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest.  Mr. Landes disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.
 
9


CUSIP No. 654889104
 
Page 10 of 13 Pages

 
Item 1(a).
Name of Issuer:
 
Nobel Learning Communities, Inc.
 
Item 1(b).
Address of Issuer's Principal Executive Offices:
 
1615 West Chester Pike, West Chester, PA 19382
 
Item 2(a).
Name of Person Filing:
 
Wynnefield Partners Small Cap Value, L.P. (“Partners”)
-------------------------------------------------------------------
Wynnefield Partners Small Cap Value, L.P. I (“Partners I”)
-------------------------------------------------------------------
Wynnefield Small Cap Value Offshore Fund, Ltd. (“Fund”)
-------------------------------------------------------------------
Wynnefield Capital, Inc. Profit Sharing Plan (the “Plan”)
-------------------------------------------------------------------
Wynnefield Capital Management, LLC (“WCM”)
-------------------------------------------------------------------
Wynnefield Capital, Inc. (“WCI”)
-------------------------------------------------------------------
Nelson Obus
-------------------------------------------------------------------
Joshua Landes
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
450 Seventh Avenue, Suite 509, New York, New York 10123
 
Item 2(c).
Citizenship:
 
Partners and  Partners I  are Delaware limited partnerships.
-------------------------------------------------------------------
Fund and WCI are Cayman Islands companies.
-------------------------------------------------------------------
WCM is a New York limited liability company.
-------------------------------------------------------------------
The Plan is a Delaware corporation.
-------------------------------------------------------------------
Mr. Obus is a United States citizen.
-------------------------------------------------------------------
Mr. Landes is a United States citizen.

 
10

 


CUSIP No. 654889104
 
Page 11 of 13 Pages

 
Item 2(d).
Title of Class of Securities:
 
Common Stock, $0.001 Par Value Per Share.
 
Item 2(e).
CUSIP Number:
 
654889104
 
Item 3.
 
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
(a)
£
Broker or Dealer registered under Section 15 of the Act.
     
(b)
£
Bank as defined in Section 3(a)(6) of the Act.
     
(c)
£
Insurance Company as defined in Section 3(a)(19) of the Act.
     
(d)
£
Investment Company registered under Section 8 of the Investment Company Act.
     
(e)
£
Investment Adviser registered in accordance with Rule 13d-1(b)(1)(ii)(E).
     
 (f)
£
Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-­1(b)(1)(ii)(F).
     
(g)
£
Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
     
(h)
£
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
     
(i)
£
A church plan that is excluded from the definition of an investment company under Section 3(c) (14) of the Investment Company Act of 1940.
     
(j)
£
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
     
   
If this Statement is filed pursuant to Rule 13d-1(c), check this box  [x].

 
11

 


CUSIP No. 654889104
 
Page 12 of 13 Pages
 
Item 4.
Ownership.
 
(a)   Amount beneficially owned: 1,075,659 Shares
 
(b)   Percent of Class: 10.2% of Common Stock
 
(c)   Number of Shares as to which the person has:
 
(i)    Sole power to vote or to direct the vote:  1,075,659 Shares
 
(ii)    Shared power to vote or to direct the vote:   0
 
(iii)   Sole power to dispose or to direct the disposition of:   1,075,659 Shares
 
(iv)   Shared Power to dispose or to 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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. *.
   
Item 6
Ownership of More than Five Percent on Behalf of Another Person.
 
Not Applicable.
 
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(a)-(c).
 
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 with or as a participant in any transaction having that purpose or effect.

12


CUSIP No. 654889104
 
Page 13 of 13 Pages

 
SIGNATURE
 
Date: January 25, 2011
 
 
 
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
 
By:           Wynnefield Capital Management, LLC, General Partner

By:            /s/ Nelson Obus                                                                
Nelson Obus, Managing Member
 

WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I
 
By:           Wynnefield Capital Management, LLC, General Partner

By:            /s/ Nelson Obus                                                                
Nelson Obus, Managing Member
 
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
 
By:           Wynnefield Capital, Inc.
 
By:            /s/ Nelson Obus                                                                
Nelson Obus, President
 
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN
 
By:            /s/ Nelson Obus                                                                
Nelson Obus, Portfolio Manager
 
WYNNEFIELD CAPITAL MANAGEMENT, LLC
 
By:            /s/ Nelson Obus                                                                
Nelson Obus, Co-Managing Member
 
WYNNEFIELD CAPITAL, INC.
 
By:            /s/ Nelson Obus                                                                
Nelson Obus, President

      /s/ Nelson Obus                                                                           
Nelson Obus, Individually


 
       /s/ Joshua Landes                                                                      
Joshua Landes, Individually
   
   
 
 
13

 

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