Amended Statement of Beneficial Ownership (sc 13d/a)
March 03 2020 - 6:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment
No. 5)*
CSS
Industries, Inc.
(Name
of Issuer)
Common Stock, $0.10 par value
(Title
of Class of Securities)
125906107
(CUSIP
Number)
Richard A. Bernstein
Andrew D. Siegel
Ribs Capital, LLC
18 Rockledge Road
Rye, New York 10580
914-305-3190
(Name,
Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 28, 2020
(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.
CUSIP No. 125906107
|
Page 2 of 8 Pages
|
1
|
NAME OF REPORTING PERSONS
Ribs Capital, LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
- 0 -
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
- 0 -
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
CUSIP No. 125906107
|
Page 3 of 8 Pages
|
1
|
NAME OF REPORTING PERSONS
Purple Stream LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
AF
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
- 0 -
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
- 0 -
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
CUSIP No. 125906107
|
Page 4 of 8 Pages
|
1
|
NAME OF REPORTING PERSONS
Richard A. Bernstein
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
AF
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
- 0 -
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
- 0 -
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
CUSIP No. 125906107
|
Page 5 of 8 Pages
|
1
|
NAME OF REPORTING PERSONS
Andrew Siegel
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
AF
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
- 0 -
|
8
|
SHARED VOTING POWER
- 0 -
|
9
|
SOLE DISPOSITIVE POWER
- 0 -
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
- 0 -
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
CUSIP No. 125906107
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Page 6 of 8 Pages
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Item 1. Security and Issuer.
This Amendment No.
5 (this “Amendment”) amends certain Items of the statement on Schedule 13D filed with the Securities and Exchange Commission
(the “SEC”) on October 21, 2019 (the “Original 13D”), as amended by the Schedule 13D/A filed with the SEC
on November 4, 2019 (“Amendment No. 1”), as amended by the Schedule 13D/A filed with the SEC on January 9, 2020 (“Amendment
No. 2”), as amended by the Schedule 13D/A filed with the SEC on January 21, 2020 (“Amendment No. 3”), as amended
by the Schedule 13D/A filed with the SEC on January 31, 2020 (“Amendment No. 4” and, together with the Original 13D,
Amendment No. 1, Amendment No. 2, and Amendment No. 3, the “Amended 13D”) by Ribs Capital LLC, a Delaware corporation
(“Ribs Capital”) and others relates to the common stock, $0.10 par value per share (the “Shares”), of CSS
Industries, Inc., a Delaware corporation (the “Company”) by furnishing the information set forth below. Except as set
forth below, all previous Items are unchanged. Capitalized terms used but not defined herein shall have the meanings ascribed in
the Amended 13D.
Item 4. Purpose of the Transaction.
On February 28, 2020,
IG Design Group Americas, Inc. (“Parent”) via its wholly owned subsidiary, TOM MERGER SUB INC (the “Merger Sub”)
concluded it offer to purchase all of the outstanding shares of common stock of the Company (the “Offer”) pursuant
to the previously announced Agreement and Plan of Merger, dated as of January 20, 2020 (the "Merger Agreement"), by and
among the Company, the Parent, the Merger Sub, and IG Design Group Plc, a public limited company incorporated and registered in
England and Wales.
All of the Shares held
by the Reporting Persons were tendered in the Offer in exchange for $9.40 per share. As a result, the Reporting Persons no longer
beneficially own any Shares.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Amended 13D is hereby amended
and supplemented by adding the following information:
(a), (b)
As of the date hereof, none of the Reporting
Persons own any Shares.
(c) On February 28, 2020, each Share beneficially
owned by the Reporting Persons was tendered in the Offer in exchange for $9.40 per share.
(e) As of February 28, 2020, the Reporting
Persons ceased to beneficially own more than 5% of the outstanding Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Item 6 of the Amended 13D is hereby amended
and supplemented by adding the following information:
The disclosure contained
in Item 4 is incorporated herein by reference.
CUSIP No. 125906107
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Page 7 of 8 Pages
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Item 7. Material to be Filed as Exhibits.
|
99.1
|
Joint Filing Agreement, dated March 2, 2020, between Ribs Capital, LLC, Purple Stream LLC, Richard
A. Bernstein, and Andrew Siegel.
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CUSIP No. 125906107
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Page 8 of 8 Pages
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SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this Amendment is true, complete and correct.
Dated: March 2, 2020
|
RIBS CAPITAL, LLC
|
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By: Purple Stream LLC, as Managing Member
|
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By:
|
/s/ Richard A. Bernstein
|
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Name:
|
Richard A. Bernstein
|
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Title:
|
Manager
|
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PURPLE STREAM LLC
|
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By:
|
/s/ Richard A. Bernstein
|
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Name:
|
Richard A. Bernstein
|
|
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Title:
|
Manager
|
|
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RICHARD A. BERNSTEIN
|
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/s/ Richard A. Bernstein
|
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ANDREW SIEGEL
|
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/s/ Andrew Siegel
|
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