The
following constitutes Amendment No. 4 (“Amendment No. 4”) to the Schedule 13D
filed by the undersigned. This Amendment No. 4 amends the Schedule
13D as specifically set forth.
Item
3.
|
Source and Amount of
Funds or Other
Consideration
.
|
Item 3 is
hereby amended and restated as follows:
The
aggregate purchase price of the 936,984 Shares beneficially owned by WILLC is
approximately $3,908,166. The Shares beneficially owned by WILLC
consist 614 Shares that were acquired with WILLC’s working capital, 296,711
Shares that were acquired with WIHP’s working capital, 47,253 Shares that were
acquired with WIIP’s working capital, 295,715 Shares that were acquired with
WIAP’s working capital and 296,691 Shares that were acquired with WITRP’s
working capital.
Item
5.
|
Interest in Securities
of the Issuer
.
|
Item 5(a)
is hereby amended and restated to read as follows:
(a) The
aggregate percentage of Shares reported owned by each person named herein is
based upon 15,960,945 Shares outstanding, which is the total number of Shares
outstanding as of June 5, 2009, as reported in Exhibit 99.2 to Amendment No. 3
to the Issuer’s Tender Offer Statement on Schedule TO filed with the Securities
and Exchange Commission on June 5, 2009.
As of the
close of business on June 9, 2009, WIHP, WIIP, WIAP and WITRP beneficially owned
296,711, 47,253, 295,715 and 296,691 Shares, respectively, representing
approximately 1.9%, less than 1%, 1.9% and 1.9%, respectively, of the Shares
outstanding. As the managing member of each of WIIP and WIAP and the
general partner of each of WIHP and WITRP, WILLC may be deemed to beneficially
own the 936,370 Shares owned in the aggregate by WIHP, WIIP, WIAP and WITRP,
representing approximately 5.9% of the Shares outstanding, in addition to the
614 Shares it holds directly. As the managing member of WILLC, Mr.
Lipson may be deemed to beneficially own the 936,984 Shares beneficially owned
by WILLC, representing approximately 5.9% of the Shares
outstanding.
Item 5(c)
is hereby amended to add the following
(c) Schedule
A annexed hereto lists all transactions in securities of the Issuer by the
Reporting Persons since the filing of Amendment No. 3 to the Schedule
13D. All of such transactions were effected in the open market,
unless otherwise noted.
SIGNATURES
After
reasonable inquiry and to the best of his knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated:
June 11, 2009
|
WESTERN
INVESTMENT LLC
|
|
|
|
|
By:
|
|
|
|
Name:
|
Arthur
D. Lipson
|
|
|
Title:
|
Managing
Member
|
|
WESTERN
INVESTMENT HEDGED PARTNERS L.P.
|
|
|
|
|
By:
|
Western
Investment LLC
|
|
|
General
Partner
|
|
|
|
|
By:
|
|
|
|
Name:
|
Arthur
D. Lipson
|
|
|
Title:
|
Managing
Member
|
|
WESTERN
INVESTMENT INSTITUTIONAL PARTNERS LLC
|
|
|
|
|
By:
|
Western
Investment LLC
|
|
|
Managing
Member
|
|
|
|
|
By:
|
|
|
|
Name:
|
Arthur
D. Lipson
|
|
|
Title:
|
Managing
Member
|
|
WESTERN
INVESTMENT ACTIVISM PARTNERS LLC
|
|
|
|
|
By:
|
Western
Investment LLC
|
|
|
Managing
Member
|
|
|
|
|
By:
|
|
|
|
Name:
|
Arthur
D. Lipson
|
|
|
Title:
|
Managing
Member
|
|
WESTERN
INVESTMENT TOTAL RETURN PARTNERS L.P.
|
|
|
|
|
By:
|
Western
Investment LLC
|
|
|
General
Partner
|
|
|
|
|
By:
|
|
|
|
Name:
|
Arthur
D. Lipson
|
|
|
Title:
|
Managing
Member
|
SCHEDULE
A
Transactions in the Shares
Since the Filing of Amendment No. 3 to the Schedule 13D
Date
of
Sale
|
Shares
of Common Stock
(Sold)
|
Price
Per
Share
($)
|
WESTERN INVESTMENT
LLC
WESTERN INVESTMENT HEDGED
PARTNERS L.P.
06/09/09
|
(234,589)
*
|
|
4.8900
|
WESTERN INVESTMENT
INSTITUTIONAL PARTNERS LLC
06/09/09
|
(37,360)
*
|
|
4.8900
|
WESTERN INVESTMENT ACTIVISM
PARTNERS LLC
06/09/09
|
(233,802)
*
|
|
4.8900
|
WESTERN INVESTMENT TOTAL
RETURN PARTNERS L.P.
06/09/09
|
(234,572)
*
|
|
4.8900
|
ARTHUR D.
LIPSON
None
*
Shares
tendered pursuant to the terms of the tender offer made by Neuberger Berman
Income Opportunity Fund Inc.