Amended Statement of Beneficial Ownership (sc 13d/a)
February 01 2022 - 3:32PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. ___3_____)*
General
American Investors Company, Inc.
__________________________________________________________________________________
(Name
of Issuer)
Common
Stock, par value $ 1.00 per share
__________________________________________________________________________________
(Title
of Class of Securities)
368802104
__________________________________________________________________________________
(CUSIP
Number)
Spencer
Davidson
530
Fifth Avenue, 26th Floor
New
York, NY 10036
1-800-436-8401
________________________________________________________________________________
(Name,
Address and Telephone Number of Person Authorized to
Receive
Notices and Communications)
December
31, 2021
__________________________________________________________________________________
(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 of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule.13d-7
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).
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CUSIP No. 368802104
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1. Names of Reporting Persons.
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Spencer Davidson
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2. Check the Appropriate Box if a Member of a Group
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(a) ☐
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(b) ☐
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3. SEC Use Only
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4. Source of Funds
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OO, PF
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐
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6. Citizenship or Place of Organization
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United States of America
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Number of Shares
Beneficially
Owned by
Each Reporting
Person With:
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7. Sole Voting Power
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1,426,856
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8. Shared Voting Power
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70,101
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9. Sole Dispositive Power
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1,426,856
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10. Shared Dispositive Power
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70,101
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
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1,496,957
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares ☐
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13. Percent of Class Represented by Amount in Row (11)
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6.14%
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14. Type of Reporting Person
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IN
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ITEM
1. SECURITY AND ISSUER
This
Schedule 13D is being filed to report the beneficial ownership of shares of common stock, $1.00 par value per share (the “Shares”),
of General American Investors Company, Inc. (the “Issuer”). The address of the principal executive offices of the Issuer
is 530 Fifth Ave, New York, NY 10036.
ITEM
2. IDENTITY AND BACKGROUND
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(a)
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This
Schedule 13D is being filed by Spencer Davidson, a citizen of the United States of America.
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(b)
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The
principal business address of Mr. Davidson is 530 Fifth Ave, New York, NY 10036.
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(c)
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Mr.
Davidson’s principle occupation is Chairman of General American Investors Company, Inc.
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(d)
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Mr.
Davidson has not been, during the past five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
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(e)
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Mr.
Davidson has not been, during the past five years, party to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which proceeding is or was subject to a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such
laws.
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ITEM
3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Share
repurchases by the Company have also contributed to a higher percentage holding of outstanding shares.
ITEM
4. PURPOSE OF TRANSACTION
Mr.
Davidson acquired the Shares reported herein for investment purposes in the ordinary course of his investing in securities for his own
account.
Other
than as may have arisen in his capacity as a director of the Issuer, Mr. Davidson currently has no plans or proposals that relate to,
or would result in, any of the matters listed in Item 4(a)-(j) of Schedule 13D.
ITEM
5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b)
The information set forth in rows 7 through 13 of the cover page to this Schedule 13D is incorporated by reference. The percentage set
forth in row 13 is based on 24,392,134 outstanding Shares as of December 31, 2021.
(c)
Not applicable
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Date
of Transaction
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Amount
of Securities
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Weighted
Average Price per Share
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Type
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(d)
Not applicable.
(e)
Not applicable
ITEM
6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
None.
ITEM
7. MATERIAL TO BE FILED AS 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.
Dated:
February 01, 2022
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By:
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/s/ Spencer Davidson
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Name:
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Spencer Davidson
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