-----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, KQIz6h939MDkhLn4No5FBU/3Qy/lPrvNkvooQwXQrWcJrQC5nRbAvv/utiEEs5Ji m5MeLAn89oMPQA6EfYbM+Q== 0000911420-06-000117.txt : 20060215 0000911420-06-000117.hdr.sgml : 20060215 20060214173947 ACCESSION NUMBER: 0000911420-06-000117 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060215 DATE AS OF CHANGE: 20060214 GROUP MEMBERS: CHANNEL PARTNERSHIP II, LP GROUP MEMBERS: NELSON OBUS GROUP MEMBERS: WYNNEFIELD CAPITAL MANAGEMENT, LLC GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE OFFSHORE FUND, LTD. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.I SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSTECHNOLOGY CORP CENTRAL INDEX KEY: 0000099359 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 954062211 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38259 FILM NUMBER: 06617916 BUSINESS ADDRESS: STREET 1: 700 LIBERTY AVENUE CITY: UNION STATE: NJ ZIP: 07083 BUSINESS PHONE: 908-688-2440 MAIL ADDRESS: STREET 1: 700 LIBERTY AVENUE CITY: UNION STATE: NJ ZIP: 07083 FORMER COMPANY: FORMER CONFORMED NAME: SPACE ORDNANCE SYSTEMS INC DATE OF NAME CHANGE: 19740717 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: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: 2127600814 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 SC 13G/A 1 d1156811.htm SCHEDULE 13G/A (AMENDMENT NO. 2)

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D. C. 20549

 

SCHEDULE 13G/A

(Amendment No. 2)

 

Transtechnology Corporation

(Name of Issuer)

 

Common Stock, $0.01 Par Value Per Share

(Title of Class of Securities)

 

893889105

(CUSIP Number of Class of Securities)

 

December 31, 2005

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o

RULE 13d-1(b)

x

RULE 13d-1(c)

o

RULE 13d-1(d)

 

 



 

 

 

CUSIP NO. 893889105

Page 2 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Wynnefield Partners Small Cap Value, L.P. 13-3688497

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(a)  

 

(b)  x Reporting person is affiliated with other persons

 

3)

SEC USE ONLY

 

 

4)

Citizenship Or Place Of Organization: Delaware

 

 

NUMBER OF SHARES

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

193,100 Shares

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

193,100 Shares

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

193,100 Shares

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ]

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

2.9% of Common Stock

 

12)

Type of Reporting Person (See Instructions) PN

 

 

 



 

 

CUSIP NO. 893889105

Page 3 of 11

 

 

1)

Name and I.R.S. Identification No. of Reporting Person (entities only)

 

Wynnefield Partners Small Cap Value, L.P. I        13-3953291

 

 

2)

Check the Appropriate Box If a Member of a Group (See Instructions)

 

(a)

 

(b)  x Reporting Person is affiliated with other persons

 

3)

SEC USE ONLY

 

 

4)

Citizenship or Place of Organization: Delaware

 

 

NUMBER OF SHARES

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

245,395 Shares

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power:

 

 

245,395 Shares

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned by Each Reporting Person:

245,395 Shares

 

10)

Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

3.7% of Common Stock

 

12)

Type of Reporting Person: PN

 

 

 



 

 

CUSIP NO. 893889105

Page 4 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Wynnefield Small Cap Value Offshore Fund, Ltd. (No IRS Identification No.)

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(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

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

225,505 Shares

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

225,505 Shares

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

225,505 Shares

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

3.4% of Common Stock

 

12)

Type of Reporting Person (See Instructions) CO

 

 

 



 

 

CUSIP NO. 893889105

Page 5 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Channel Partnership II, L.P. 22-3215653

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(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

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

38,400 Shares

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

38,400 Shares

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

38,400 Shares

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

0.6% of Common Stock

 

12)

Type of Reporting Person (See Instructions) PN

 

 

 



 

 

CUSIP NO. 893889105

Page 6 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Wynnefield Capital Management, LLC           13-4018186

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(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

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

438,495 Shares(1)

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

438,495 Shares(1)

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

438,495 Shares(1)

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

6.5% of Common Stock(1)

 

12)

Type of Reporting Person OO (Limited Liability Company)

 

 

 

(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.

 

 

 



 

 

CUSIP NO. 893889105

Page 7 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Wynnefield Capital, Inc. (No IRS Identification No.)

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(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

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

225,505 Shares(1)

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

225,505 Shares(1)

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

225,505 Shares(1)

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

3.4% of Common Stock(1)

 

12)

Type of Reporting Person (See Instructions) CO

 

 

(1)

Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd.

 

 

 



 

 

CUSIP NO. 893889105

Page 8 of 11

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

 

Nelson Obus

 

 

2)

Check The Appropriate Box If A Member Of A Group (See Instructions)

 

(a)  

 

(b)  x Reporting person is affiliated with other persons

 

3)

SEC USE ONLY

 

 

4)

Citizenship Or Place Of Organization: United States of America

 

 

NUMBER OF SHARES

5)

Sole Voting Power:

BENEFICIALLY OWNED

 

38,400 Shares(1)

BY EACH REPORTING

6)

Shared Voting Power

PERSON WITH

7)

Sole Dispositive Power

 

 

38,400 Shares(1)

 

8)

Shared Dispositive Power

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

38,400 Shares(1)

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares o

(See Instructions)

 

11)

Percent of Class Represented by Amount in Row (9):

0.6% of Common Stock(1)

 

12)

Type of Reporting Person: IN

 

 

(1)

Nelson Obus, as general partner of Channel Partnership II, L.P., holds an indirect beneficial interest in these shares which are directly beneficially owned by Channel Partnership II, L.P.

 

 

 



Page 9 of 11

 

 

 

ITEM 1(a).

Name of Issuer:

 

Transtechnology Corporation

 

 

ITEM 1(b).

Address of Issuer's Principal Executive Offices:

 

700 Liberty Avenue, Union, New Jersey, 07083

 

 

ITEM 2(a).

Names of Persons 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")

 

 

Channel Partnership II, L.P. ("Channel")

 

 

Wynnefield Capital Management, LLC ("WCM")

 

 

Wynnefield Capital, Inc. ("WCI")

 

 

Nelson Obus (“Obus”)

 

 

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

 

 

Channel is a New York Limited Partnership

 

 

Obus is a citizen of the United States of America

ITEM 2(d).

Title of Class of Securities:

 

Common Stock, $.01 Par Value Per Share

 

ITEM 2(e).

CUSIP Number: 893889105

 

 

 



Page 10 of 11

 

 

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:

 

None of the reporting persons is an entity specified in Rule 13d-1(b)(1)(ii).

ITEM 4.

Ownership:

(a)  Amount beneficially owned by all reporting persons: 702,400 Shares

(b)  Percent of class: 10.4% of Common Stock

(c)  Number of shares as to which the reporting persons have:

 

(i)   sole power to vote or to direct the vote:

 

702,400 Shares

 

(ii)   shared power to vote or to direct the vote

 

(iii)   sole power to dispose or to direct the disposition:

 

702,400 Shares

 

(iv)   shared power to dispose or to direct the disposition

 

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.

 

None of the reporting persons who have filed this schedule is a person, as defined in Rule 13d-1(b)(1)(ii), promulgated pursuant to the Securities Exchange Act of 1934.

ITEM 9.

Notice of dissolution of group.         Not applicable.

 

 

 



Page 11 of 11

 

 

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 or as a participant in any transaction having that purpose or effect.

 

Dated:  

February 13, 2006

 

 

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

 

 

 

CHANNEL PARTNERSHIP II, L.P.

 

 

 

By:

/s/ Nelson Obus                                                                                         

 

 

Nelson Obus, General Partner

 

/s/ Nelson Obus                                                                                                          

 

Nelson Obus, Individually

 

WYNNEFIELD CAPITAL MANAGEMENT, LLC

 

By:

/s/ Nelson Obus                                                                                       

 

 

Nelson Obus, Managing Member

 

 

 

WYNNEFIELD CAPITAL, INC

 

By:

/s/ Nelson Obus                                                                                       

 

 

Nelson Obus, President

 

 

 

 

 

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