Amended Statement of Ownership (sc 13g/a)
February 13 2019 - 5:26PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT
TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS
THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 9)*
REPUBLIC FIRST BANCORP, INC.
(Name of Issuer)
Common Stock, Par Value $0.01
(Title of Class of Securities)
760416107
(CUSIP Number)
December 31, 2018
(Date of Event Which Requires Filing of This
Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
|
[ ]
|
|
Rule 13d-1(b)
|
|
[X]
|
|
Rule 13d-1(c)
|
|
[ ]
|
|
Rule 13d-1(d)
|
* 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 the disclosures provided in a prior cover page.
The information required
in 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 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
).
(Continued on following pages)
|
CUSIP NO. 760416107
|
13G
|
Page 2 of 8 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
SCHALLER EQUITY MANAGEMENT, INC.
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
N/A
|
|
|
6
|
SHARED VOTING POWER
2,887,440 shares of Common Stock
|
|
|
7
|
SOLE DISPOSITIVE POWER
N/A
|
|
|
8
|
SHARED DISPOSITIVE POWER
2,887,440 shares of Common Stock
|
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,887,440 shares of Common Stock
|
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
[ ]
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.91% of the outstanding shares of Common Stock
|
|
|
12
|
TYPE OF REPORTING PERSON
CO
|
|
|
CUSIP NO. 760416107
|
13G
|
Page 3 of 8 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
SCHALLER EQUITY PARTNERS, A NORTH CAROLINA LIMITED PARTNERSHIP
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
N/A
|
|
|
6
|
SHARED VOTING POWER
2,887,440 shares of Common Stock
|
|
|
7
|
SOLE DISPOSITIVE POWER
N/A
|
|
|
8
|
SHARED DISPOSITIVE POWER
2,887,440 shares of Common Stock
|
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,887,440 shares of Common Stock
|
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
[ ]
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.91% of the outstanding shares of Common Stock
|
|
|
12
|
TYPE OF REPORTING PERSON
PN (Limited Partnership)
|
|
|
CUSIP NO. 760416107
|
13G
|
Page 4 of 8 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
SCHALLER INVESTMENT GROUP INCORPORATED
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
N/A
|
|
|
6
|
SHARED VOTING POWER
3,797,385 shares of Common Stock
|
|
|
7
|
SOLE DISPOSITIVE POWER
N/A
|
|
|
8
|
SHARED DISPOSITIVE POWER
3,797,385 shares of Common Stock
|
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,797,385 shares of Common Stock
|
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
|
[ ]
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.46% of the outstanding shares of Common Stock
|
|
|
12
|
TYPE OF REPORTING PERSON
CO, IA
|
|
|
CUSIP NO. 760416107
|
13G
|
Page 5 of 8 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
DOUGLAS E. SCHALLER
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ ]
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
N/A
|
|
|
6
|
SHARED VOTING POWER
3,797,385 shares of Common Stock
|
|
|
7
|
SOLE DISPOSITIVE POWER
N/A
|
|
|
8
|
SHARED DISPOSTIVE POWER
3,797,385 shares of Common Stock
|
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,797,385 shares of Common Stock
|
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES
|
[ ]
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.46% of the outstanding Common Stock
|
|
|
12
|
TYPE OF REPORTING PERSON
IN
|
|
|
Item 1.
|
(a)
|
Name of Issuer:
|
Republic First Bancorp, Inc. (the “Issuer”)
|
|
(b)
|
Address of Issuer’s Principal Executive Offices:
|
50 South 16
th
Street
Philadelphia, PA 19106
|
Item 2.
|
(a)
|
Name of Persons Filing:
|
Schaller Equity Management, Inc. (the “General Partner”)
Schaller Equity Partners, A North Carolina Limited Partnership (the
“Partnership”)
Schaller Investment Group Incorporated (the “Adviser”)
Douglas E. Schaller
|
|
(b)
|
Address of Principal Business Office or, if None, Residence:
|
For all persons filing:
324 Indera Mills Court
Winston-Salem, NC 27101
Schaller Equity Management, Inc. is a North Carolina corporation
Schaller Equity Partners, A North Carolina Limited Partnership
Schaller Investment Group Incorporated is a North Carolina corporation
Mr. Schaller is a United States citizen
|
|
(d)
|
Title of Class of Securities:
|
Common Stock, Par Value $0.01
760416107
|
Item 3.
|
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
|
[X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
|
|
(Schaller Investment Group Incorporated is a registered investment adviser; for all other reporting persons Item 3 is not applicable)
|
|
|
Schaller Equity Management, Inc.
|
Schaller Equity
Partners
|
Schaller
Investment
Group
|
Douglas E.
Schaller
|
|
(a)
|
Amount Beneficially Owned:
|
2,887,440
|
2,887,440
|
3,797,385
|
3,797,385
|
|
(b)
|
Percent of Class:
|
4.91%
|
4.91%
|
6.46%
|
6.46%
|
|
(c)
|
Number of Shares to Which Reporting Person Has:
|
|
|
|
|
(i)
|
Sole Voting Power:
|
N/A
|
N/A
|
N/A
|
N/A
|
|
|
(ii)
|
Shared Voting Power:
|
2,887,440
|
2,887,440
|
3,797,385
|
3,797,385
|
|
|
(iii)
|
Sole Dispositive Power:
|
N/A
|
N/A
|
N/A
|
N/A
|
|
|
(iv)
|
Shared Dispositive Power:
|
2,887,440
|
2,887,440
|
3,797,385
|
3,797,385
|
|
|
The reported shares are the Issuer’s common stock, par value
$0.01.
As of December 31, 2018, 2,887,440 of the reported
shares were owned directly by the Partnership, whose general partner is the General Partner and whose investment adviser is the
Adviser. The General Partner and the Adviser could each be deemed to be indirect beneficial owners of these reported shares, and
could be deemed to share such beneficial ownership with the Partnership. In addition, 909,945 of the reported shares are held in
separate accounts managed by the Adviser. The Adviser could be deemed to be an indirect beneficial owner of the shares held in
the separately managed accounts.
Douglas E. Schaller is the President of the
General Partner and the President of the Adviser, and could be deemed to share the indirect beneficial ownership described above
with the General Partner, the Adviser and the Partnership.
|
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
|
|
|
|
|
If this statement is being filed to report
the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the
class of securities, check the following [ ].
|
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
|
Not applicable.
|
Item 8.
|
Identification and Classification of Members of the Group.
|
Not applicable.
|
Item 9.
|
Notice of Dissolution of Group.
|
Not applicable.
By signing below I certify
that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of
each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
|
|
SCHALLER EQUITY PARTNERS, A NORTH CAROLINA LIMITED PARTNERSHIP
|
|
|
|
|
|
By:
|
Schaller Equity Management, Inc., General Partner
|
|
|
|
|
By:
|
/s/ Douglas E. Schaller
|
|
|
Name:
|
Douglas E. Schaller
|
|
|
Title:
|
President
|
|
|
|
|
|
|
Date: February 13, 2019
|
|
|
|
|
|
SCHALLER EQUITY MANAGEMENT, INC.
|
|
|
|
|
|
By:
|
/s/ Douglas E. Schaller
|
|
|
Name:
|
Douglas E. Schaller
|
|
|
Title:
|
President
|
|
|
|
|
|
|
Date: February 13, 2019
|
|
|
|
|
|
SCHALLER INVESTMENT GROUP INCORPORATED
|
|
|
|
|
|
By:
|
/s/ Douglas E. Schaller
|
|
|
Name:
|
Douglas E. Schaller
|
|
|
Title:
|
President
|
|
|
|
|
|
|
Date: February 13, 2019
|
|
|
|
|
|
/s/ Douglas E. Schaller
|
|
|
|
Douglas E. Schaller
|
|
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Mar 2024 to Apr 2024
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Apr 2023 to Apr 2024
