SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
Microwave Filter Inc.
(NAME OF ISSUER)
Common Stock $.10 par value
(TITLE OF CLASS OF SECURITIES)
595176108
(CUSIP NUMBER)
Paul D. Sonkin
Hummingbird Management, LLC
460 Park Avenue, 12th Floor
New York, New York 10022
212 750-7117
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
January 22, 2008
(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 Rule 13d-1(e), 13d-1(f) or 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(b) for
other parties to whom copies are to be sent.
CUSIP No. 595176108 13D Page 2 of 9 Pages
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Hummingbird Management, LLC
IRS No. 13-4082842
2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCES OF FUNDS
OO
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER 162,464
SHARES
--------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 0
OWNED BY
--------------------------------------------------
EACH 9. SOLE DISPOSITIVE POWER 162,464
REPORTING
--------------------------------------------------
PERSON WITH 10. SHARED DISPOSITIVE POWER 0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
162,464
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES * [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 5.6%
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14. TYPE OF REPORTING PERSON*
OO
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CUSIP No. 595176108 13D Page 3 of 9 Pages
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Paul D. Sonkin
2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCES OF FUNDS
OO
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER 162,464
SHARES
--------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 0
OWNED BY
--------------------------------------------------
EACH 9. SOLE DISPOSITIVE POWER 162,464
REPORTING
--------------------------------------------------
PERSON WITH 10. SHARED DISPOSITIVE POWER 0
|
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
162,464
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES * [ ]
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 5.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO
----------------------------------------------------------------
------------------- -----------------
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CUSIP No. 595176108 13D Page 4 of 9 Pages
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Hummingbird Capital, LLC
2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) [ ]
(b) [ ]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCES OF FUNDS
OO
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER 162,464
SHARES
--------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 0
OWNED BY
--------------------------------------------------
EACH 9. SOLE DISPOSITIVE POWER 162,464
REPORTING
--------------------------------------------------
PERSON WITH 10. SHARED DISPOSITIVE POWER 0
|
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
162,464
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES * [ ]
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 5.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
LP
----------------------------------------------------------------
------------------- -----------------
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CUSIP No. 595176108 13D Page 5 of 9 Pages
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Tarsier Nanocap Value Fund, LP
2. CHECK THE APPROPRIATE BOX IF A GROUP* (a) [ ]
(b) [ ]
----------------------------------------------------------------
3. SEC USE ONLY
----------------------------------------------------------------
4. SOURCES OF FUNDS
OO
----------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
----------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER 162,464
SHARES
--------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 0
OWNED BY
--------------------------------------------------
EACH 9. SOLE DISPOSITIVE POWER 162,464
REPORTING
--------------------------------------------------
PERSON WITH 10. SHARED DISPOSITIVE POWER 0
|
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
162,464
----------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES * [ ]
----------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 5.6%
----------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO
----------------------------------------------------------------
------------------- -----------------
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CUSIP No. 595176108 13D Page 6 of 9 Pages
ITEM 1 SECURITY AND ISSUER
Title of Class of Securities
Common stock
Name and Address of Issuer
Microwave Filter Inc
(the "Company" or the "Issuer")
6743 Kinne Street
East Syracuse, NY 13057
ITEM 2 IDENTITY AND BACKGROUND
This statement is being filed by Hummingbird Management, LLC,
a Delaware limited liability company ("Hummingbird"), whose principal
business and principal office address is 460 Park Avenue, 12th Floor,
New York, New York 10022. Hummingbird acts as investment manager to
The Tarsier Nanocap Value Fund, L.P. ("Tarsier"), and has the sole
investment discretion and voting authority with respect to the investments
owned of record by Tarsier. Accordingly, Hummingbird may be deemed for
purposes of Rule 13d-3 of the Securities and Exchange Act of 1934, as
amended ("Rule 13d-3"), to be the beneficial owner of the Shares owned
by Tarsier. The managing member of Hummingbird is Paul Sonkin. Mr. Sonkin
is also the managing member of Hummingbird Capital, LLC, a Delaware
limited liability company ("HC", and together with Tarsier, and Mr.
Sonkin, the "Reporting Persons"), the general partner of Tarsier.
Tarsier is a Delaware limited partnership whose principal business
and principal office address is 460 Park Avenue, 12th Floor, New York,
New York, 10022 and whose principal business is investing in securities
in order to achieve its investment objectives.
Mr. Sonkin is a citizen of the United States and HC is a
Delaware limited liability company. The principal business of Mr. Sonkin
is acting as managing member of each of Hummingbird and HC. The principal
business of HC is acting as general partner of Tarsier and three other
limited investment partnerships. The principal office address of each of Mr.
Sonkin and HC is 460 Park Avenue, 12th Floor, New York, New York 10022.
Except as specifically described herein, during the past five years
none of Hummingbird, HVF, Microcap, Tarsier, Mr. Sonkin, or HC has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of which any
of the foregoing was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, Federal or State securitieslaws, or finding any violation with respect to
such laws. On November 8, 2007, Tarsier entered into a Consent Agreement with
the Bureau of Securities Regulation of the State of New Hampshire as a result
of an inadvertent late filing of Form D. Pursuant to the Consent Agreement,
Tarsier agreed to comply with all applicable requirements under the New
Hampshire Uniform Securities Act and to pay administrative fine and back
renewal fees of approximately $2,500.
CUSIP No. 595176108 13D Page 7 of 9 Pages
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
As of February 12, 2008, Hummingbird has caused Tarsier to invest
approximately $136,392 in the Shares of the Issuer using its working
capital.
ITEM 4 PURPOSE OF TRANSACTION
The Shares were acquired for investment purposes. However, Hummingbird
may hold talks or discussions with various parties, including, but not limited
to, the Issuer's management, its board of directors and other shareholders on a
variety of possible subjects regarding ways to increase shareholder value. Some
of the suggestions Hummingbird might make may affect control of the Issuer
and/or may relate to the following: the merger, acquisition or liquidation of
the Issuer, the sale or transfer of the assets of the Issuer, a change in the
board of directors or the management of the Issuer, a change in the present
capitalization or dividend policy of the Issuer or a change in the Issuer's
charter or by-laws. Hummingbird intends to pay close attention to developments
at and pertaining to the Issuer, and, subject to market conditions and other
factors deemed relevant by Hummingbird, Hummingbird may, directly or
indirectly, purchase additional Shares of the Issuer or dispose of some
or such Shares in open-market transaction or privately negotiated transactions.
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER
(a) As investment manager of Tarsier, Hummingbird may be deemed to
have the sole voting and investment authority over the Shares owned Tarsier
for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as
amended ("Rule 13d-3"), may be deemed to be the beneficial owner of
162,464 Shares representing approximately 5.6% of the outstanding Common
Stock, $.10 of the Issuer (based upon 2,894,821 shares of Common Stock
outstanding as of December 1, 2007, as reported on Form 10-KSB for the period
ended September 30, 2007.) Hummingbird disclaims any beneficial ownership of
the Shares covered by this Statement.
Mr. Sonkin is the managing member and control person of Hummingbird,
and for purposes of Rule 13d-3 may be deemed the beneficial owner of such
Shares deemed to be beneficially owned by Hummingbird. Thus, Mr. Sonkin may be
deemed, for purposes of Rule 13d-3, to be the beneficial owner of 162,464
shares representing approximately 5.6% of the outstanding Common Stock, $.10
par value, of the Issuer (based upon 2,894,821 shares of Common Stock
outstanding as of December 1, 2007, as reported on Form 10-KSB for the period
ended September 30, 2007.) Mr. Sonkin disclaims any economic
interest or beneficial ownership of the Shares covered by this Statement.
CUSIP No. 595176108 13D Page 8 of 9 Pages
(c) Hummingbird caused Tarsier to effect transactions in the
Shares during the past 60 days as set forth below:
AMOUNT OF
DATE TYPE SHARES PRICE/SHARE
---- ---- ------ -----------
12/14/2007 open market purchase 5,000 0.700
12/24/2007 open market purchase 10,000 0.600
12/28/2007 open market purchase 5,000 0.700
12/31/2007 open market purchase 9,000 0.700
1/10/2008 open market purchase 1,000 0.700
1/18/2008 open market purchase 2,500 0.800
1/22/2008 open market purchase 4,500 0.700
2/6/2008 open market purchase 12,500 0.850
2/8/2008 open market purchase 3,500 0.890
2/11/2008 open market purchase 1,000 0.930
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ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
Not applicable.
ITEM 7 MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
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CUSIP No. 595176108 13D Page 9 of 9 Pages
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SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: February 12, 2007 HUMMINGBIRD MANAGEMENT, LLC
By: /s/ Paul D. Sonkin
---------------------------------
Name: Paul D. Sonkin
Title: Managing Member
/s/ Paul D. Sonkin
-----------------------------
PAUL D. SONKIN
TARSIER NANOCAP VALUE
FUND, L.P.
By: Hummingbird Capital, LLC
By: /s/ Paul D. Sonkin
---------------------------------
Name: Paul D. Sonkin
Title: Managing Member
HUMMINGBIRD CAPITAL, LLC
By: /s/ Paul D. Sonkin
---------------------------------
Name: Paul D. Sonkin
Title: Managing Member
By: /s/ Paul D. Sonkin
---------------------------------
Name: Paul D. Sonkin
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