Dover Motorsports Inc - Initial Statement of Beneficial Ownership (3)
October 18 2007 - 12:19PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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MARATHON PARTNERS, L.P.
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2. Date of Event Requiring Statement (MM/DD/YYYY)
9/17/2007
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3. Issuer Name
and
Ticker or Trading Symbol
DOVER MOTORSPORTS INC [DVD]
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(Last)
(First)
(Middle)
52 VANDERBILT AVE, FL. 4
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
___
X
___ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Street)
NEW YORK, NY 10017
(City)
(State)
(Zip)
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5. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
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X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Common Stock, $0.10 Par Value
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1657333
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D
(1)
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Common Stock, $0.10 Par Value
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1657333
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I
(2)
(3)
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Footnote
(2)
(3)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4)
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2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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Marathon Partners, L.P., a New York limited partnership, directly holds the common stock to which this Form 3 relates
(the"Shares").
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(
2)
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Mario Cibelli is the managing member of Cibelli Capital Management, L.L.C., a Delaware limited liability company that is an
investment management firm which serves as the general partner of Marathon Partners, L.P.
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(
3)
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Mr. Cibelli is also the managing member of Cibelli Research & Management, L.L.C., a Delaware limited liability company that
is an investment management firm which serves as the general partner of Marathon Focus Fund, L.P., a New York limited
partnership and serves as the general partner of Marathon Offshore, Ltd., a Cayman Islands limited partnership, each of
which is a direct owner of Shares. Mr. Cibelli also serves as portfolio manager to a number of separate managed accounts
that directly owns Shares. Mario Cibelli and each of the entities listed above each disclaim beneficial ownership in the
Shares reported on this Form 3 except to the extent of their pecuniary interest, if any, therein, and this report shall not
be deemed to be an admission that either Mario Cibelli or any of the entities listed above are the beneficial owners of the
Shares for purposes of Section 16 or for any other purpose.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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MARATHON PARTNERS, L.P.
52 VANDERBILT AVE, FL. 4
NEW YORK, NY 10017
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X
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CIBELLI CAPITAL MANAGEMENT LLC
52 VANDERBILT AVENUE, 4TH FLOOR
NEW YORK, NY 10017
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X
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CIBELLI MARIO
52 VANDERBILT AVENUE, 4TH FLOOR
NEW YORK, NY 10017
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X
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Signatures
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Marathon Partners, L.P., By: Cibelli Capital Management LLC, By: /s/ Mario Cibelli
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10/18/2007
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**
Signature of Reporting Person
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Date
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Cibelli Capital Management LLC, By: /s/ Mario Cibelli
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10/18/2007
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**
Signature of Reporting Person
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Date
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/s/ Mario Cibelli
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10/18/2007
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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