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, DC 20549
SCHEDULE 13G/A
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
Esquire Financial Holdings, Inc. |
(Name of Issuer) |
Common Stock, par value $0.01 per share |
(Title of Class of Securities) |
29667J101 |
(CUSIP Number) |
December 31, 2019 |
(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-l(b)
¨ Rule 13d-l(c)
x Rule 13d-l(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 ("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. 29667J101 | |||
1. Names of Reporting Persons
CJA Private Equity Financial Restructuring Master Fund I, LP | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization Cayman Islands |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 0 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 0 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ¨ | |
11. Percent of Class Represented by Amount in Row (9) 0.0% | ||
12. Type of Reporting Person (See Instructions) PN | ||
Page 2 of 10 Pages
CUSIP No. 29667J101 | |||
1. Names of Reporting Persons
CJA Private Equity Financial Restructuring GP I Ltd. | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization Cayman Islands |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 0 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 0 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ¨ | |
11. Percent of Class Represented by Amount in Row (9) 0.0% | ||
12. Type of Reporting Person (See Instructions) PN | ||
Page 3 of 10 Pages
CUSIP No. 29667J101 | |||
1. Names of Reporting Persons
Gapstow Capital Partners LP | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization New York |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 0 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 0 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ¨ | |
11. Percent of Class Represented by Amount in Row (9) 0.0% | ||
12. Type of Reporting Person (See Instructions) PN | ||
Page 4 of 10 Pages
CUSIP No. 29667J101 | |||
1. Names of Reporting Persons
Christopher J. Acito & Associates GP LLC | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization New York |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 0 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 0 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ¨ | |
11. Percent of Class Represented by Amount in Row (9) 0.0% | ||
12. Type of Reporting Person (See Instructions) OO | ||
Page 5 of 10 Pages
CUSIP No. 29667J101 | |||
1. Names of Reporting Persons
Christopher J. Acito | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization United States |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 0 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 0 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ¨ | |
11. Percent of Class Represented by Amount in Row (9) 0.0% | ||
12. Type of Reporting Person (See Instructions) IN | ||
Page 6 of 10 Pages
CUSIP No. 29667J101 | |||
1. Names of Reporting Persons
Jack T. Thompson | |||
2. Check the Appropriate Box if a Member of a Group (See Instructions) | |||
¨ (a) | |||
¨ (b) | |||
3. SEC Use Only | |||
4. Citizenship or Place of Organization United States |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. Sole Voting Power 80 |
6. Shared Voting Power 0 | |
7. Sole Dispositive Power 80 | |
8. Shared Dispositive Power 0 |
9. Aggregate Amount Beneficially Owned by Each Reporting Person 80 | ||
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions). | ||
11. Percent of Class Represented by Amount in Row (9) 0.0%* | ||
12. Type of Reporting Person (See Instructions) IN | ||
* The information with respect to percentage ownership is based on a total of 7,541,670 shares of Common Stock, par value $0.01 per share of Esquire Financial Holdings, Inc. outstanding as of November 1, 2019, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 8, 2019. |
Page 7 of 10 Pages
Item 1.
(a) Name of Issuer
Esquire Financial Holdings, Inc.
(b) Address of Issuer's Principal Executive Offices
100 Jericho Quadrangle
Suite 100
Jericho, New York 11753
Item 2.
(a) Name of Persons Filing (the “Reporting Persons”)
· | CJA Private Equity Financial Restructuring Master Fund I, LP |
· | CJA Private Equity Financial Restructuring GP I Ltd. |
· | Gapstow Capital Partners LP |
· | Christopher J. Acito & Associates GP LLC |
· | Christopher J. Acito |
· | Jack T. Thompson |
(b) Address of Principal Business Office or, if none, Residence
The Principal Business Office for CJA Private Equity Financial Restructuring Master Fund I, LP and CJA Private Equity Financial Restructuring GP I Ltd. is:
c/o Intertrust Group, 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands
The Principal Business Office for Gapstow Capital Partners LP, Christopher J. Acito & Associates GP LLC and Christopher J. Acito is:
c/o Gapstow Capital Partners, 654 Madison Avenue, Suite 601, New York, NY 10065
The Principal Business Office for Jack T. Thompson is:
c/o Pawson Capital Management, 500 West Putnam Avenue, Suite 400, Greenwich, CT 06830
(c) Citizenship
The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(d) Title of Class of Securities
Common Stock, par value $0.01 per share
(e) CUSIP Number
29667J101
Item 3. | If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
(e) | ¨ | An investment adviser in accordance with §240.13d-l(b)(l)(ii)(E); |
(f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-l(b)(l)(ii)(F); |
(g) | ¨ | A parent holding company or control person in accordance with § 240.13d-l(b)(l)(ii)(G); |
(h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ¨ | 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) | ¨ | A non-U.S. institution in accordance with §240.13d-l(b)(l)(ii)(J). |
(k) | ¨ | Group, in accordance with §240.13d-l(b)(l)(ii)(K). |
If filing as a non-U.S. institution in accordance with §240.13d-l(b)(l)(ii)(J), please specify the type of institution: ______________.
Page 8 of 10 Pages
Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) | Amount beneficially owned: 80 shares of Common Stock, par value $0.01 per share |
Mr. Thompson has sole voting and investment power over 80 shares. Mr. Thompson is a member of CJA Private Equity Financial Restructuring GP I Ltd., the general partner of CJA Private Equity Financial Restructuring Master Fund I, LP, which holds 0 shares of the Issuer’s common stock. CJA Private Equity Financial Restructuring GP I Ltd. has designated all voting rights to CJA Private Equity Financial Restructuring Master Fund I, LP’s Investment Manager, Gapstow Capital Partners LP. Mr. Thompson is an employee of Pawson Capital Management, which is a subadvisor to Gapstow Capital Partners LP. Christopher J. Acito & Associates GP LLC (“CJA & Associates LLC”) is the Managing Member of CJA Private Equity Financial Restructuring GP I Ltd., and Christopher J. Acito (“Mr. Acito”) is the managing member of CJA & Associates LLC and the Chief Executive Officer of Gapstow Capital Partners LP.
(b) Percent of class: 0.0%
The information with respect to percentage ownership is based on a total of 7,541,670 shares of Common Stock, par value $0.01 per share of Esquire Financial Holdings, Inc. outstanding as of November 1, 2019, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 8, 2019.
(c)
The information required by Item 4(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
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 persons have ceased to be the beneficial owners of more than 5 percent of the class of securities, check the following [X].
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 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.
Item 10. | Certifications |
Not applicable.
Page 9 of 10 Pages
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: January 6, 2020 |
CJA Private Equity Financial Restructuring Master Fund I, LP By: CJA Private Equity Financial Restructuring GP I Ltd., its General Partner By: Christopher J. Acito & Associates GP LLC |
By: | /s/ Christopher J. Acito | |
Name: /s/ Christopher J. Acito | ||
Title: Managing Member |
Dated: January 6, 2020 |
CJA Private Equity Financial Restructuring GP I Ltd. By: Christopher J. Acito & Associates GP LLC |
By: | /s/ Christopher J. Acito | |
Name: /s/ Christopher J. Acito | ||
Title: Managing Member |
Dated: January 6, 2020 | Gapstow Capital Partners LP |
By: | /s/ Christopher J. Acito | |
Name: Christopher J. Acito | ||
Title: Chief Executive Officer |
Dated: January 6, 2020 | Christopher J. Acito & Associates GP LLC |
By: | /s/ Christopher J. Acito | |
Name: Christopher J. Acito | ||
Title: Managing Member |
Dated: January 6, 2020 | Christopher J. Acito | |
/s/ Christopher J. Acito |
Dated: January 6, 2020 | Jack T. Thompson | |
/s/ Jack T. Thompson |
Page 10 of 10 Pages