0000947871-16-001549.txt : 20161011 0000947871-16-001549.hdr.sgml : 20161011 20161011152445 ACCESSION NUMBER: 0000947871-16-001549 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20161011 DATE AS OF CHANGE: 20161011 GROUP MEMBERS: JOHN A. BARTHOLDSON GROUP MEMBERS: JUNIPER HF INVESTORS II, LLC GROUP MEMBERS: JUNIPER INVESTMENT COMPANY, LLC GROUP MEMBERS: JUNIPER TARGETED OPPORTUNITY FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LMI AEROSPACE INC CENTRAL INDEX KEY: 0001059562 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 431309065 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55627 FILM NUMBER: 161931003 BUSINESS ADDRESS: STREET 1: 411 FOUNTAIN LAKES BLVD. CITY: ST CHARLES STATE: MO ZIP: 63301 BUSINESS PHONE: 636-946-6525 MAIL ADDRESS: STREET 1: 411 FOUNTAIN LAKES BLVD. CITY: ST CHARLES STATE: MO ZIP: 63301 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MICHAS ALEXIS P CENTRAL INDEX KEY: 0001044005 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 940 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451 SC 13D/A 1 ss14232_sc13da.htm AMENDMENT NO. 2


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
 
LMI Aerospace, Inc.

(Name of Issuer)
 
 
Common Stock, par value $0.02

(Title of Class of Securities)
 
  502079106 (CUSIP Number)
 
Alexis P. Michas
Juniper Investment Company, LLC
555 Madison Avenue, 24th Floor
New York, New York 10022
(212) 339-8500

(Name, Address and Telephone Number of Person Authorized
 to Receive Notices and Communications)
 
October 10, 2016

(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 that is the subject of this Schedule 13D, and is filing this schedule because § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box o.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7(b) 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).
 
 


 
 
 
 
SCHEDULE 13D
 
CUSIP No.  502079106
 
Page 2 of 9 Pages
         
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Juniper Targeted Opportunity Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
  
  
3
SEC USE ONLY
              
               
4
SOURCE OF FUNDS (See Instructions)
                 
OO
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
                    
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
                
1,116,514
8
SHARED VOTING POWER
                      
0
9
SOLE DISPOSITIVE POWER
             
1,116,514
10
SHARED DISPOSITIVE POWER
                 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
             
1,116,514
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
                 
                 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                   
8.2%
14
TYPE OF REPORTING PERSON (See Instructions)
 
PN
  
 
Page 2 of 9 Pages

 
  
SCHEDULE 13D
 
CUSIP No.  502079106
 
Page 3 of 9 Pages
         
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
                   
Juniper HF Investors II, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
  
  
3
SEC USE ONLY
                
                
4
SOURCE OF FUNDS (See Instructions)
              
OO
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
                
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
              
0
8
SHARED VOTING POWER
           
1,116,514
9
SOLE DISPOSITIVE POWER
             
0
10
SHARED DISPOSITIVE POWER
               
1,116,514
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  
1,116,514
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
                   
                
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                  
8.2%
14
TYPE OF REPORTING PERSON (See Instructions)
              
PN
   
 
Page 3 of 9 Pages

 
   
SCHEDULE 13D
 
CUSIP No.  502079106
 
Page 4 of 9 Pages
         
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
                  
Juniper Investment Company, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
  
  
3
SEC USE ONLY
                     
                  
4
SOURCE OF FUNDS (See Instructions)
                   
OO
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
                    
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
                
0
8
SHARED VOTING POWER
              
1,116,514
9
SOLE DISPOSITIVE POWER
                  
0
10
SHARED DISPOSITIVE POWER
                    
1,116,514
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  
1,116,514
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
                     
               
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                        
8.2%
14
TYPE OF REPORTING PERSON (See Instructions)
                      
PN
 
Page 4 of 9 Pages

 
  
SCHEDULE 13D
 
CUSIP No.  502079106
 
Page 5 of 9 Pages
         
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
                        
Alexis P. Michas
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
  
  
3
SEC USE ONLY
                     
                
4
SOURCE OF FUNDS (See Instructions)
               
OO
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
7
SOLE VOTING POWER
                 
0
8
SHARED VOTING POWER
                   
1,116,514
9
SOLE DISPOSITIVE POWER
                   
0
10
SHARED DISPOSITIVE POWER
                  
1,116,514
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    
1,116,514
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)*
                     
                     
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                 
8.2%
14
TYPE OF REPORTING PERSON (See Instructions)
                    
IN
    
 
Page 5 of 9 Pages

 
  
SCHEDULE 13D
 
CUSIP No.  502079106
 
Page 6 of 9 Pages
         
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
                     
John A. Bartholdson
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
  
  
3
SEC USE ONLY
                     
                 
4
SOURCE OF FUNDS (See Instructions)
                  
OO
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
7
SOLE VOTING POWER
                 
0
8
SHARED VOTING POWER
                     
1,116,514
9
SOLE DISPOSITIVE POWER
                   
0
10
SHARED DISPOSITIVE POWER
                
1,116,514
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    
1,116,514
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
                   
                  
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                 
8.2%
14
TYPE OF REPORTING PERSON (See Instructions)
                          
IN
    
 
Page 6 of 9 Pages

 
  
Item 1.
Security and Issuer.
 
Item 1 is hereby amended and restated in its entirety to read as follows:
 
This Amendment No. 2 to the statement on Schedule 13D (this “Amendment No. 2”) relates to the common stock, par value $0.02 per share (the “Shares”), of LMI Aerospace, Inc., a Missouri corporation (the “Issuer”), and hereby amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission on April 13, 2016 (the “Initial Schedule”), as amended by Amendment No. 1 filed on September 15, 2016 (the “Amendment No. 1”, and together with the Initial Schedule, the “Schedule 13D”).  Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Schedule 13D.  All items or responses not described herein remain as previously reported in the Schedule 13D.  The Issuer’s principal executive offices are located at 411 Fountain Lakes Blvd., St. Charles, Missouri 63301.
 
Item 3.
Source and Amount of Funds or Other Consideration.
 
Item 3 is hereby amended and restated in its entirety to read as follows:
 
The Shares held by Juniper Fund that are the subject of this Schedule 13D were purchased with funds obtained through capital contributions from investors in Juniper Fund.  Such Shares were purchased in open market purchases for an aggregate purchase price of approximately $12,460,000, excluding brokerage commissions.
 
Item 5.
Interest in Securities of the Issuer.
 
Item 5 is hereby amended and restated in its entirety to read as follows:
 
The responses of the Reporting Persons to Rows (11) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference.
 
(a)           The percentages used herein are calculated based upon 13,546,794 Shares outstanding at August 2, 2016, as set forth in the Company's Quarterly Report on Form 10-Q for the period ended June 30, 2016.
 
As of the date of this Schedule 13D, the Reporting Persons beneficially owned in the aggregate 1,116,514 Shares, constituting approximately 8.2% of the then outstanding Shares.  As of the date of this Schedule 13D, the Reporting Persons may be deemed to have direct beneficial ownership of the Shares as follows:
 
(i)           Juniper Fund beneficially owned 1,116,514 Shares, constituting approximately 8.2% of the then outstanding Shares.
 
(ii)          Juniper HF Investors, as the general partner of Juniper Fund, may be deemed to own beneficially (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 1,116,514 Shares, constituting approximately 8.2% of the then outstanding Shares.  Juniper HF Investors disclaims beneficial ownership of such Shares for all other purposes.
 
(iii)         Juniper Investment Company, as the investment advisor of Juniper Fund, may be deemed to own beneficially (as that term is defined in Rule 13-d under the Securities Exchange Act of 1934) 1,116,514 Shares, constituting approximately 8.2% of the then outstanding Shares.  Juniper Investment Company disclaims beneficial ownership of such Shares for all other purposes.
 
 

 
  
(iv)         Each of Messrs. Michas and Bartholdson, as the managing members of Juniper HF Investors and Juniper Investment Company, may be deemed to own beneficially (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 1,116,514 Shares, constituting approximately 8.2% of the then outstanding Shares.  Messrs. Michas and Bartholdson disclaim beneficial ownership of such Shares for all other purposes.
 
(b)           Juniper Fund has the sole power to vote or direct the vote of 1,116,514 Shares and the sole power to dispose or direct the disposition of such Shares.  Juniper HF Investors, Juniper Investment Company and Messrs. Michas and Bartholdson may be deemed to share with Juniper Fund the power to vote or to direct the vote and to dispose or to direct the disposition of such Shares.
 
(c)           Set forth on Exhibit A to this Schedule 13D is a list of transactions in the Shares effected by Juniper Fund in the past sixty days.  These transactions were all effected in the open market through a broker.  Except for the foregoing, no other transactions in the Shares were effected by the Reporting Persons during the sixty days prior to the date of this Schedule 13D.
 
(d)      To the knowledge of the Reporting Persons, no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares that are the subject of this Schedule 13D.
 
(e)      Not applicable.
 
Item 7.
Materials to be Filed as Exhibits.
 
 
Exhibit A:
Schedule of Transactions
 
Exhibit B:
Joint Filing Agreement, dated April 13, 2016, among the Reporting Persons (incorporated by reference to the Issuer’s Schedule 13D filed with the Securities and Exchange Commission on April 13, 2016)
 
 
 
 
 
 
 
 

 
  
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.
 
Dated:  October 11, 2016
  
 
JUNIPER TARGETED OPPORTUNITY FUND, L.P.
       
 
By:
Juniper HF Investors II, LLC, its General Partner
 
       
       
 
By :
/s/ John A. Bartholdson  
 
Name:
John A. Bartholdson
 
 
Title:
Managing Member
 
       
       
 
JUNIPER HF INVESTORS II, LLC
       
       
 
By :
/s/ John A. Bartholdson  
 
Name:
John A. Bartholdson
 
 
Title:
Managing Member
 
       
       
       
 
JUNIPER INVESTMENT COMPANY, LLC
       
       
 
By :
/s/ John A. Bartholdson  
 
Name:
John A. Bartholdson
 
 
Title:
Managing Member
 
       
       
       
 
By :
/s/ Alexis p. Michas  
  ALEXIS P. MICHAS  
       
       
       
 
By :
/s/ John A. Bartholdson  
  JOHN A. BARTHOLDSON  
       

 
 
 

EX-99.A 2 ss14232_ex99a.htm SCHEDULE OF TRANSACTIONS
 
EXHIBIT A

SCHEDULE OF TRANSACTIONS

Date of Transaction
Number of Shares Acquired
Approximate Price Per Share
August 11, 2016
17,400
$7.25
August 12, 2016
9,900
$7.41
August 16, 2016
101,000
$7.15
September 2, 2016
2,819
$7.34
September 6, 2016
10,000
$7.22
September 7, 2016
2,584
$7.33
September 8, 2016
6,528
$7.35
September 9, 2016
2,672
$7.37
September 12, 2016
4,188
$7.29
September 13, 2016
19,702
$7.32
September 14, 2016
17,697
$7.34
September 15, 2016
27,015
$7.43
September 16, 2016
28,317
$7.34
September 19, 2016
31,002
$7.35
September 20, 2016
800
$7.30
September 21, 2016
1,080
$7.29
October 4, 2016
15,000
$7.19
October 5, 2016
25,000
$7.31
October 6, 2016
3,450
$7.27
October 7, 2016
10,449
$7.23
October 10, 2016
25,000
$7.25