SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MFP PARTNERS LP

(Last) (First) (Middle)
C/O MFP INVESTORS LLC
667 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10065

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CACHE INC [ CACH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 05/01/2013 M 791,145 A $1.65 2,994,894 D(1)(2)(3)
Common Stock, par value $0.01 per share 05/01/2013 A 791,741 A $1.65 3,786,635 D(1)(2)(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Subscription Rights (right to buy) $1.65 05/01/2013 M 791,145 04/05/2013 04/25/2013 Common Stock 791,145 $0.00 0 D(1)(2)(3)
1. Name and Address of Reporting Person*
MFP PARTNERS LP

(Last) (First) (Middle)
C/O MFP INVESTORS LLC
667 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10065

(City) (State) (Zip)
1. Name and Address of Reporting Person*
MFP INVESTORS LLC

(Last) (First) (Middle)
667 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10065

(City) (State) (Zip)
1. Name and Address of Reporting Person*
PRICE MICHAEL F

(Last) (First) (Middle)
C/O MFP INVESTORS LLC
667 MADISON AVENUE, 25TH FLOOR

(Street)
NEW YORK NY 10065

(City) (State) (Zip)
Explanation of Responses:
1. MFP Investors is the general partner of MFP Partners. Mr. Price is the managing partner of MFP Partners and the managing member and controlling person of MFP Investors.
2. MFP Partners is the direct beneficial owner of 3,786,635 shares of common stock of the Company ("Common Shares") and was the direct holder of the related subscription rights. Each Reporting Person other than MFP Partners may be deemed to be the indirect beneficial owner of 3,786,635 Common Shares; however, each such Reporting Person disclaims beneficial ownership of such Common Shares except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that any of these Reporting Persons is the beneficial owner of the Common Shares described herein for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
3. On May 1, 2013, upon the consummation of the Rights Offering commenced on April 5, 2013 (the "Rights Offering") and the closing of the transactions contemplated by the Investment Agreement, dated as of February 5, 2013, by and among the Company, MFP Partners, Mill Road Capital, L.P. and Jay Margolis (as amended, the "Investment Agreement"), MFP Partners acquired 1,582,886 shares of Common Stock, consisting of 791,145 shares acquired pursuant to the exercise of subscription rights it received in the Rights Offering and 791,741 shares it acquired from the Company pursuant to the Investment Agreement.
Remarks:
This report is filed jointly by MFP Partners, L.P. ("MFP Partners"), MFP Investors LLC ("MFP Investors") and Michael F. Price (each, a "Reporting Person" and, collectively, the "Reporting Persons") in connection with their respective direct and indirect relationships with Cache, Inc. (the "Company"). Mr. Price is a director of the Company. MFP Partners and MFP Investors may be deemed directors of the Company by virtue of their relationships with Mr. Price.
BY: MFP INVESTORS LLC By: /s/ Michael F. Price, Managing Member 05/03/2013
/s/ Michael F. Price, Managing Member 05/03/2013
/s/ Michael F. Price 05/03/2013
** Signature of Reporting Person Date
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