Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934*
(Amendment No.__)*
SG Blocks, Inc.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
78418A505
(CUSIP Number)
Larry G. Swets, Jr.
105 S. Maple
Itasca, Illinois 60143
Copy to:
Elliott Smith
Winston & Strawn, LLP
200 Park Avenue
New York, New York 10166
(212) 294-6787
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
March 5, 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. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-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 (however, see the Notes).
| CUSIP No. 78418A505 | ||
| 1 |
NAMES OF REPORTING PERSONS Larry G. Swets, Jr. | |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o | |
| 3 | SEC USE ONLY | |
| 4 |
SOURCE OF FUNDS (SEE INSTRUCTIONS) PF | |
| 5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o | |
| 6 |
CITIZENSHIP OR PLACE OF ORGANIZATION United States | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 |
SOLE VOTING POWER 143,157 shares |
| 8 |
SHARED VOTING POWER -0- | |
| 9 |
SOLE DISPOSITIVE POWER 143,157 shares | |
| 10 |
SHARED DISPOSITIVE POWER -0- | |
| 11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 143,157 shares | |
| 12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o | |
| 13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.36% (1) | |
| 14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN | |
| (1) Based on an aggregate of 1,157,889 shares of Common Stock outstanding as of February 4, 2020, as reported by the Issuer in its report on Form 8-K filed with the U.S. Securities and Exchange Commission on February 5, 2020. | ||
Item 1. Security and Issuer.
This statement on Schedule 13D (this “Schedule 13D”) relates to the shares Common Stock, par value $0.01 per share (the “Common Stock”), of SG Blocks, Inc., a Delaware corporation (the “Issuer”). The principa l executive offices of the Issuer are located at 195 Montague Street, 14th Floor, Brooklyn, New York 11201.
Item 2. Identity and Background.
This Schedule 13D is filed by Larry G. Swets, Jr. (the “Reporting Person”).
The Reporting Person’s address is 105 S. Maple, Itasca, Illinois 60143.
The Reporting Person is the managing member of Itasca Financial LLC, located at 105 S. Maple, Itasca, Illinois 60143.
During the last five years, the Reporting Person has not (i) been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws.
The Reporting Person is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
Funds for the purchase of the shares of Common Stock reported herein were derived from the personal funds of Larry G. Swets, Jr. A total of $293,762.05 was paid to acquire the shares of Common Stock reported herein.
Item 4. Purpose of Transaction.
The Reporting Person intends to engage in discussions with the Issuer’s management and/or members of the Issuer’s board of directors regarding the Issuer’s future strategy. Other than as described in the previous sentence, the Reporting Person does not have any current plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided that the Reporting Person may, at any time, review or reconsider his position with respect to the Issuer and reserve the right to develop such plans or proposals.
Item 5. Interest in Securities of the Issuer.
(a) and (b) The information contained on the cover pages to this Schedule and set forth in Item 4 hereof is incorporated herein by reference.
(c) None.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
None.
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.
| Dated: March 16, 2020 | /s/ Larry G. Swets, Jr. | |
| Larry G. Swets, Jr. | ||