-----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, AKkxUA/gZqpBerZixenRqgsX56JaTQ4Y5dHOfRWQd8LeK6H56MIfo0c/6DDmuG1L UhgHhywUcj3Adj3B6NIA5g== 0000902664-07-000751.txt : 20070214 0000902664-07-000751.hdr.sgml : 20070214 20070214070309 ACCESSION NUMBER: 0000902664-07-000751 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELECTROGLAS INC CENTRAL INDEX KEY: 0000902281 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 770336101 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43215 FILM NUMBER: 07613644 BUSINESS ADDRESS: STREET 1: 5729 FONTANOSO WAY CITY: SAN JOSE STATE: CA ZIP: 95138 BUSINESS PHONE: 408-528-3000 MAIL ADDRESS: STREET 1: 5729 FONTANOSO WAY CITY: SAN JOSE STATE: CA ZIP: 95138 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fairfield Greenwich Advisors LLC CENTRAL INDEX KEY: 0001326850 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 919 3RD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-319-6060 MAIL ADDRESS: STREET 1: 919 3RD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 sc13ga.txt ELECTROGLAS, INC. SECURITIES & EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- SCHEDULE 13G/A* (Rule 13d-102) (Amendment No. 2) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) Electroglas, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 285324109 (CUSIP Number) December 31, 2006 (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G/A is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) (Page 1 of 6 Pages) - ---------------- *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 purposes 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. 285324109 13G/A Page 2 of 6 Pages - ---------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fairfield Greenwich Advisors, LLC - ----------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - ----------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 1,732,639* SHARES -------------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER -0- OWNED BY -------------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 1,732,639* REPORTING -------------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER -0- - ----------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,732,639* - ----------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] - ----------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6% - ----------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** CO - ----------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 285324109 13G/A Page 3 of 6 Pages The Schedule 13G/A filed on February 14, 2006 is hereby amended and restated by this Amendment No. 2 to the Schedule 13G. Item 1(a). Name of Issuer: The name of the issuer is Electroglas, Inc. (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: The Company's principal executive offices are located at 5729 Fontanoso Way, San Jose, CA 95138. Item 2(a). Name of Person Filing: This statement is filed by: Fairfield Greenwich Advisors, LLC, a limited liability company organized under the laws of Delaware (the "Reporting Person") with respect to the shares of Common Stock directly owned by it; Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the business office of the Reporting Person is 919 Third Avenue, New York, NY 10022. Item 2(c). Citizenship: The Reporting Person is a company incorporated under the laws of the Cayman Islands. Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value (the "Common Stock"). Item 2(e). CUSIP Number: 285324109 CUSIP No. 285324109 13G/A Page 4 of 6 Pages 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 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 of 1940, (e) [ ] Investment Adviser 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) [ ] Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) [ ] 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 13d-1(c), check this box: [x] Item 4. Ownership. A. Fairfield Greenwich Advisors, LLC (a) Amount beneficially owned: 1,732,639* (b) Percent of class: 6.6%. The percentages used herein and in the rest of Item 4 are calculated based upon the 23,519,200 shares of Common Stock issued and outstanding as of January 1, 2007, as set forth in the Company's Form 10-Q for the quarterly period ended on December 2, 2006. (c)(i) Sole power to vote or direct the vote: 1,732,639* (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or direct the disposition: 1,732,639* (iv) Shared power to dispose or direct the disposition: -0- * Fairfield Greenwich Advisors, LLC owns 1,718,000 shares of Common Stock of the Company and approximately 150,000 Convertible Bonds, which if converted would be approximately 14,639 shares, par value $0.01 per share, of the Company. Pursuant to their terms, the Convertible Bonds are convertible at the option of the holder into shares of Common Stock at an initial ratio of one Convertible Bond into approximately .0976 shares of Common Stock. CUSIP No. 285324109 13G/A Page 5 of 6 Pages Item 5. Ownership of Five Percent or Less of a Class. Not applicable. 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. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. The Reporting Person hereby makes the following certification: 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. CUSIP No. 285324109 13G/A Page 6 of 6 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: February 13, 2006 /s/ Jeffrey H. Tucker ----------------------- Jeffrey H. Tucker, as Principal Officer of Fairfield Greenwich Advisors, LLC -----END PRIVACY-ENHANCED MESSAGE-----