Sec Form 13G Filing - STEINER VENTURES LLC filing for ALBIREO PHARMA INC. (ALBO) - 2010-02-16

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2

Biodel Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

09064M 10S

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

þ Rule 13d-1(d)

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 (“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.		09064M 10S

Notes:

CUSI P No.		09064M 10S

Notes:

CUSIP No. 09064M 10S

Item 1(a).		Name of Issuer

          Biodel Inc.

Item 1(b).		Address of Issuer’s Principal Executive Offices

100 Saw Mill Road
Danbury, Connecticut 06810

Item 2(a).		Name of Person Filing

          (i) Steiner Ventures, LLC, a Connecticut limited liability company; and

          (ii) Solomon S. Steiner, who is sole managing member of Steiner Ventures, LLC activities with respect to shares of Common Stock indirectly beneficially owned by virtue of such position.

          Steiner Ventures, LLC and Mr. Steiner are hereinafter collectively referred to as the “Reporting Persons.” Any disclosure herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

Item 2(b).		Address of Principal Business Office or, if none, Residence

          The address of the principal business office of each of the Reporting Persons is 24 Old Wagon Road, Mt. Kisco, New York 10549.

Item 2(c).		Citizenship

          Steiner Ventures, LLC is organized as a limited liability company under the laws of the State of Connecticut. Mr. Steiner is a United States citizen.

Item 2(d).		Title of Class of Securities

          Common Stock, par value $0.01 per share (the “Common Stock”).

Item 2(e).		CUSIP Number

          09064M 10S

Item 3.		If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

	(a)		o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
	(b)		o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)		o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)		o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)		o An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
	(f)		o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
	(g)		o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
	(h)		o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)		o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)		o Group, in accordance with § 240.13d-1(b)(1)(ii)(J).

Item 4.		Ownership.

A.

Steiner Ventures, LLC

	(a)		Amount beneficially owned: 4,044,266 shares of Common Stock
	(b)		Percent of class: 16.9% The percentages used herein and in the rest of this Schedule 13G are calculated based upon 23,883,612 shares of common stock outstanding on December 31, 2009.
	(c)		Number of shares as to which the person has:

	(i)		Sole power to vote or to direct the vote: 0 shares
	(ii)		Shared power to vote or to direct the vote: 4,044,266 shares of Common Stock
	(iii)		Sole power to dispose or to direct the disposition of: 0 shares
	(iv)		Shared power to dispose or to direct the disposition of: 4,044,266 shares of Common Stock

B.

Solomon S. Steiner

	(a)		Amount beneficially owned: 4,290,209 shares of Common Stock*
	(b)		Percent of class: 18.1%
	(c)		Number of shares as to which the person has:

	(i)		Sole power to vote or to direct the vote: 0 shares
	(ii)		Shared power to vote or to direct the vote: 4,290,209 shares of Common Stock
	(iii)		Sole power to dispose or to direct the disposition of: 0 shares
	(iv)		Shared power to dispose or to direct the disposition of: 4,290,209 shares of Common Stock

Item 5.		Ownership of Five Percent or Less of a Class

Not Applicable

Item 6.		Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not Applicable

Item 8.		Identification and Classification of Members of the Group

Not Applicable

Item 9.		Notice of Dissolution of Group

Not Applicable

Item 10.		Certification

Not Applicable

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.