UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 2) 1

 

 

Harte Hanks, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

416196202

(CUSIP Number)

GREG LEMPEL

1177 West Loop South, Suite 1625

Houston, Texas 77027

713-482-2196

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

May 10, 2018

(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 § 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

1 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 ).

 

 

 


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

BLR Partners LP

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

WC

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

499,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

499,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

499,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.0%

  14   

TYPE OF REPORTING PERSON

 

PN


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

BLRPart, LP

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

AF

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

499,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

499,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

499,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.0%

  14   

TYPE OF REPORTING PERSON

 

PN


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

BLRGP Inc.

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

AF

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

499,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

499,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

499,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.0%

  14   

TYPE OF REPORTING PERSON

 

CO


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

Fondren Management, LP

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

AF

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

499,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

499,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

499,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.0%

  14   

TYPE OF REPORTING PERSON

 

PN


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

FMLP Inc.

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

AF

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

499,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

499,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

499,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.0%

  14   

TYPE OF REPORTING PERSON

 

CO


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

The Radoff Family Foundation

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

WC

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

TEXAS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

22,000

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

22,000

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,000

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.4%

  14   

TYPE OF REPORTING PERSON

 

CO


CUSIP NO. 416196202

 

  1    

NAME OF REPORTING PERSON

 

Bradley L. Radoff

  2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3   

SEC USE ONLY

 

  4   

SOURCE OF FUNDS

 

AF

  5   

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

 

  6   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

521,699

     8   

SHARED VOTING POWER

 

- 0 -

     9   

SOLE DISPOSITIVE POWER

 

521,699

   10   

SHARED DISPOSITIVE POWER

 

- 0 -

  11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

521,699

  12   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  13   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.3%

  14   

TYPE OF REPORTING PERSON

 

IN


The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned (“Amendment No. 2”). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein.

 

Item 3. Source and Amount of Funds or Other Consideration .

Item 3 is hereby amended and restated as follows:

The Shares purchased by BLR Partners and Radoff Foundation were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted. The aggregate purchase price of the 499,699 Shares held directly by BLR Partners is approximately $5,142,273, including brokerage commissions. The aggregate purchase price of the 22,000 Shares held directly by Radoff Foundation is approximately $218,036, including brokerage commissions.

 

Item 4. Purpose of Transaction .

Item 4 is hereby supplemented and superseded, as the case may be, as follows:

This Amendment No. 2 is being filed to report acquisitions of beneficial ownership of Shares in an amount equal to one percent or more of the Issuer’s outstanding Shares since the previous Schedule 13D amendment. The disclosure in Item 5(c) below regarding transactions in Shares effected during the previous 60 days is incorporated by reference herein.

 

Item 5. Interest in Securities of the Issuer .

Item 5 is hereby amended and restated as follows:

The aggregate percentage of Shares reported as beneficially owned by each person named herein is based upon 6,256,504 Shares outstanding as of April 15, 2018, which is the total number of Shares outstanding as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 11, 2018.

 

A. BLR Partners

 

  (a) As of the close of business on May 10, 2018, BLR Partners beneficially owned 499,699 Shares.

Percentage: Approximately 8.0%

 

  (b) 1. Sole power to vote or direct vote: 499,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 499,699

4. Shared power to dispose or direct the disposition: 0

 

  (c) The transactions in Shares by BLR Partners during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

B. BLRPart GP

 

  (a) BLRPart GP, as the general partner of BLR Partners, may be deemed the beneficial owner of the 499,699 Shares beneficially owned by BLR Partners.

Percentage: Approximately 8.0%

 

  (b) 1. Sole power to vote or direct vote: 499,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 499,699

4. Shared power to dispose or direct the disposition: 0


  (c) BLRPart GP has not entered into any transactions in Shares during the previous 60 days. The transactions in Shares on behalf of BLR Partners during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

C. BLRGP

 

  (a) BLRGP, as the general partner of BLRPart GP, may be deemed the beneficial owner of the 499,699 Shares beneficially owned by BLR Partners.

Percentage: Approximately 8.0%

 

  (b) 1. Sole power to vote or direct vote: 499,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 499,699

4. Shared power to dispose or direct the disposition: 0

 

  (c) BLRGP has not entered into any transactions in Shares during the previous 60 days. The transactions in Shares on behalf of BLR Partners during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

D. Fondren Management

 

  (a) Fondren Management, as the investment manager of BLR Partners, may be deemed the beneficial owner of the 499,699 Shares beneficially owned by BLR Partners.

Percentage: Approximately 8.0%

 

  (b) 1. Sole power to vote or direct vote: 499,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 499,699

4. Shared power to dispose or direct the disposition: 0

 

  (c) Fondren Management has not entered into any transactions in Shares during the previous 60 days. The transactions in Shares on behalf of BLR Partners during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

E. FMLP

 

  (a) FMLP, as the general partner of Fondren Management, may be deemed the beneficial owner of the 499,699 Shares beneficially owned by BLR Partners.

Percentage: Approximately 8.0%

 

  (b) 1. Sole power to vote or direct vote: 499,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 499,699

4. Shared power to dispose or direct the disposition: 0

 

  (c) FMLP has not entered into any transactions in Shares during the previous 60 days. The transactions in Shares on behalf of BLR Partners during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.


F. Radoff Foundation

 

  (a) As of the close of business on May 10, 2018, Radoff Foundation beneficially owned 22,000 Shares.

Percentage: Approximately 0.4%

 

  (b) 1. Sole power to vote or direct vote: 22,000

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 22,000

4. Shared power to dispose or direct the disposition: 0

 

  (c) The transactions in Shares by Radoff Foundation during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

G. Mr. Radoff

 

  (a) Mr. Radoff, as the sole shareholder and sole director of each of BLRGP and FMLP and a director of Radoff Foundation, may be deemed the beneficial owner of the (i) 499,699 Shares beneficially owned by BLR Partners and (ii) 22,000 Shares beneficially owned by Radoff Foundation.

Percentage: Approximately 8.3%

 

  (b) 1. Sole power to vote or direct vote: 521,699

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 521,699

4. Shared power to dispose or direct the disposition: 0

 

  (c) Mr. Radoff has not entered into any transactions in Shares during the previous 60 days. The transactions in Shares on behalf of BLR Partners and Radoff Foundation during the previous 60 days are set forth in Schedule A and are incorporated herein by reference.

 

  (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, Shares.

 

  (e) Not applicable.


SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: May 11, 2018

 

BLR Partners LP

By:

  BLRPart, LP
General Partner

By:

  BLRGP Inc.
General Partner

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Sole Director

BLRPart, LP

By:

  BLRGP Inc.
General Partner

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Sole Director

BLRGP Inc.

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Sole Director

Fondren Management, LP

By:

  FMLP Inc.
General Partner

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Sole Director


FMLP Inc.

 

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Sole Director
The Radoff Family Foundation

By:

 

/s/ Bradley L. Radoff

  Name: Bradley L. Radoff
  Title:   Director

 

/s/ Bradley L. Radoff

Bradley L. Radoff


SCHEDULE A

The following tables sets forth all transactions by the Reporting Persons with respect to Shares effected in the last 60 days, inclusive of any transactions effected through 4:00 p.m., New York City time, on May 10, 2018. Except as otherwise noted below, all such transactions were purchases of Shares effected in the open market, and the table includes commissions paid in per share prices.

 

Nature of Transaction    Securities
Purchased/(Sold)
     Price per Share ($)      Date of
Purchase / Sale
 
BLR PARTNERS LP  

Purchase of Shares

     2,260        8.714        3/15/2018  

Purchase of Shares

     2,000        9.120        3/19/2018  

Purchase of Shares

     1,000        9.564        3/20/2018  

Purchase of Shares

     1,100        9.510        3/22/2018  

Purchase of Shares

     4,762        9.403        3/23/2018  

Purchase of Shares

     338        9.348        3/26/2018  

Purchase of Shares

     500        9.140        3/28/2018  

Purchase of Shares

     4,000        9.113        4/2/2018  

Purchase of Shares

     2,000        9.223        4/3/2018  

Purchase of Shares

     1,503        9.334        4/4/2018  

Purchase of Shares

     239        9.263        4/5/2018  

Purchase of Shares

     874        9.316        4/6/2018  

Purchase of Shares

     2,521        9.517        4/9/2018  

Purchase of Shares

     200        9.735        4/10/2018  

Purchase of Shares

     6,563        9.620        4/16/2018  

Purchase of Shares

     600        9.670        4/18/2018  

Purchase of Shares

     200        9.500        4/23/2018  

Purchase of Shares

     100        9.650        4/24/2018  

Purchase of Shares

     600        9.340        4/25/2018  

Purchase of Shares

     100        9.390        4/27/2018  

Purchase of Shares

     900        8.997        5/1/2018  

Purchase of Shares

     500        9.004        5/2/2018  

Purchase of Shares

     200        9.040        5/4/2018  

Purchase of Shares

     13,799        9.745        5/10/2018  

 

Nature of Transaction    Securities
Purchased/(Sold)
     Price per Share ($)      Date of
Purchase / Sale
 
THE RADOFF FAMILY FOUNDATION  

Purchase of Shares

     4,000        8.785        3/16/2018  
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