0001437749-11-001854.txt : 20110330 0001437749-11-001854.hdr.sgml : 20110330 20110330102945 ACCESSION NUMBER: 0001437749-11-001854 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110330 DATE AS OF CHANGE: 20110330 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FERRARO JOHN F CENTRAL INDEX KEY: 0000924116 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: C/O THERMODYNETICS STREET 2: 651 DAY HILL ROAD CITY: WINDSOR STATE: CT ZIP: 06095 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: THERMODYNETICS INC CENTRAL INDEX KEY: 0000351902 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 061042505 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40507 FILM NUMBER: 11720682 BUSINESS ADDRESS: STREET 1: 651 DAY HILL RD STREET 2: . CITY: WINDSOR STATE: CT ZIP: 06095 BUSINESS PHONE: 2036832005 MAIL ADDRESS: STREET 1: 651 DAY HILL ROAD STREET 2: . CITY: WINDSOR STATE: CT ZIP: 06095 FORMER COMPANY: FORMER CONFORMED NAME: THERMO KINETICS INC DATE OF NAME CHANGE: 19810607 SC 13D/A 1 ferraro_sc13da-032911.htm AMENDMENT NO. 24 ferraro_sc13da-032911.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


SCHEDULE 13D

Under the Securities Exchange Act of 1934
 

 
Amendment No. 24

 
 
Thermodynetics, Inc.
(Name of Issuer)

 
Common Stock
883622
(Title of Class of Securities)
(CUSIP Number)

John F. Ferraro
(Reporting Person)


Kenneth B. Lerman, P.C.
651 Day Hill Road, Windsor, Connecticut 06095
Telephone (860) 285-0700
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


March 15, 2011
 (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.

 
 
 
(Continued on following pages)
Page 1 of 4
 
 
 
CUSIP No. 883622
 Schedule 13D for John F. Ferraro  Page 2 of 4
 
 
1)
Name of reporting person:
    
 
John F. Ferraro
  
       
       
2)
Check the appropriate box if a member of a group.
 
 
(a)  o
(b) x
  
       
3)
SEC USE ONLY
 
    
       
4) Source of Funds:
SC — Company whose securities awarded as a stock bonus.  No purchase.  No cash.
    
     
     
5) Check box if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e). o  
       
       
6)
Citizenship or place of organization:
United States
  
       
NUMBER OF
SHARES
BENEFICIALLY      
OWNED
BY EACH
REPORTING
PERSON
WITH:     
 
5)    Sole voting power:
 
1,739,561
  
 
6)    Shared voting power:
 
 
0
 
  
 
7)    Sole dispositive power: 
 
 
1,739,561
 
  
 
8)    Shared dispositive power:
 
 
0
 
  
       
9)
Aggregate amount beneficially owned by each reporting person:
1,739,561
  
       
       
10)
Check box if the aggregate amount in row (11) excludes certain shares:
 x  
 
See Item 5
  
       
       
11)
Percent of class represented by amount in row (11):
    
 
Twenty eight and two-tenths of one percent (28.2%)
  
       
12)
Type of reporting person
    
 
IN
  
       
 
 
 
 
CUSIP No. 883622
 Schedule 13D for John F. Ferraro  Page 3 of 4
 
 
Item 1.           Security and Issuer
 
Issuer:
 Thermodynetics, Inc. (the "Company")
Executive Office:
651 Day Hill Road
Windsor, Connecticut 06095
   
Securities:
 Common Stock, $.01 par value
 
Item 2.           Identity and Background
 
Name:
 a) John F. Ferraro (the "Reporting Person")
     
Address:
 b)
c/o Thermodynetics, Inc.
651 Day Hill Road
Windsor, CT  06095
     
Occupation:
 c) Chairman, Treasurer, CFO and a director of the Company.
     
Convictions:
 d) None
     
Proceedings:
 e) No civil proceedings in last 5 years.
     
Citizenship:
 f) United States of America.
 
Item 3.           Source and Amount of Funds or Other Consideration

SC — The Company, at a meeting of its Board of Directors on February 15, 2011, adopted resolutions authorizing the Company to grant shares of its common stock, par value $.01 per share, on March 15, 2011.  Such shares were issued on the Date of Event of this Report.  No purchase occurred; such shares were issued as a stock bonus.

Item 4.           Purpose of Transaction

The Reporting Person has no intention or desire to gain control of the Issuer for purposes of liquidation, sale of assets, acquisition or merger.  The Reporting Person may from time to time purchase additional shares through open market purchases, and stock options or awards issued under the Company’s stock incentive programs; no options or other awards are presently outstanding.

Item 5.           Interest in Securities of the Issuer
 
(a)
*1,739,561* shares are beneficially owned by Reporting Person as of the date hereof, which equals twenty and six-tenths of one percent (28.2%) beneficial ownership.
   
(b) Reporting Person has the sole voting and dispositive power over 1,739,561 shares.
   
(c) No transactions in the lesser of the last 60 days from the date hereof or since Reporting Person's most recent Schedule 13D filing date, except for the transaction(s) reported below:
 
Transaction
No. Shares
Transaction Date
Valuation Date
Stock Bonus Award
750,000
March 15, 2011
March 15, 2011
 
(d)
No other person except the Reporting Person has the right or power to receive proceeds or other benefits from a disposition of the shares.
   
(e)
Date Reporting Person ceased 5% beneficial ownership:
   
  Not applicable.
 
 
 
 
 
CUSIP No. 883622
 Schedule 13D for John F. Ferraro  Page 4 of 4
 
 
Item 6.           Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Relationships with Issuer.  Reporting Person is an officer and director, and a greater than ten percent beneficial shareholder of the Issuer.

Disclaimer of Group.  Reporting Person has his own investment, holding and voting criteria and guidelines; Reporting Person disclaims, in particular, membership in any group.  Reporting Person disclaims any beneficial ownership in the holdings of any other group, and this filing is not an admission of any claim of ownership or of any pecuniary interest in such shares.

Item 7.           Exhibits
 
None.
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
March 29, 2011  
(Date)
  
   
/s/ John F. Ferraro  
(Signature)   
   
John F. Ferraro, Chairman, and a Director  
(Name/Title)
  
                                                                                          
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative.  If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference.  The name of any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention.  Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).