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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
MEDLEY CAPITAL CORP
(Name of Issuer)
COMMON STOCK PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
58503F-10-6
(CUSIP Number)
HOWARD AMSTER
44 COCOANUT ROW
SUITE #B323
PALM BEACH, FL 33480-4069
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 09, 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 1
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 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).
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
HOWARD AMSTER
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)x
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
PF
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITHSOLE VOTING POWER
1,318,443
8.
SHARED VOTING POWER
2,710,378*
9.
SOLE DISPOSITIVE POWER
1,318,443
10.
SHARED DISPOSITIVE POWER
2,710,378*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,028,821
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.40%**
14.
TYPE OF REPORTING PERSON (see instructions)
IN
*These shares are deemed to be beneficially owned by Howard Amster,
as a result his personal ownership and in his capacity as the President
of Pleasant Lakes Apts. Corp, which is the General Partner of Pleasant
Lakes Apts. Limited Partnership, and in his capacity as the trustee of
various trusts as listed
**Denominator is based on the 54,474,211 shares of stock outstanding as
of March 5, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
PLEASANT LAKE APARTMENTS LP
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)x
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
WC
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
OHIO
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
1,493,427
8.
SHARED VOTING POWER
2,535,394*
9.
SOLE DISPOSITIVE POWER
1,493,427
10.
SHARED DISPOSITIVE POWER
2,535,394*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,028,821
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.40%**
14.
TYPE OF REPORTING PERSON (see instructions)
PN
*These shares are deemed to be beneficially owned by Pleasant
Lake Apts LP, as the General Partner for the entity is Pleasant
Lakes Apts Corp, whose President is Howard Amster
**Denominator is based on the 54,474,211 shares of stock outstanding
as of March 9, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
AMSTER TRADING COMPANY CHARTIABLE REMAINDER UNITRUST UA 09/07/2000
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
WC
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
CITIZENSHIP OR PLACE OF ORGANIZATION
OHIO
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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 REPORTING PERSON
0
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
14.
TYPE OF REPORTING PERSON (see instructions)
OO
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
LAUGHLIN HOLDINGS
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)x
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
WC
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
194,572
8.
SHARED VOTING POWER
3,834,249*
9.
SOLE DISPOSITIVE POWER
194,572
10.
SHARED DISPOSITIVE POWER
3,834,249*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,028,821
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.40%**
14.
TYPE OF REPORTING PERSON (see instructions)
PN
*These shares are deemed to be beneficially owned by the Laughlin
Holdings, as the general partner is Pleasant Lake Apts Partnership
LP, whose general partner is Pleasant Lake Apts Corp, whose
President is Howard Amster
**Denominator is based on the 54,474,211 shares of stock outstanding
as of March 5, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
PLEASANT LAKE APARTMENTS CORP
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)x
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
WC
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
OHIO
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
11,145
8.
SHARED VOTING POWER
4,017,676*
9.
SOLE DISPOSITIVE POWER
11,145
10.
SHARED DISPOSITIVE POWER
4,017,676*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,028,821
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.40%
14.
TYPE OF REPORTING PERSON (see instructions)
CO
*These shares are deemed to be beneficially owned by Pleasant Lake
Apts Corp as the President is Howard Amster
**Denominator is based on the 54,474,211 shares of stock outstanding
as of March 09, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
BETTY KIMBREW
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
PF
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
56,064
8.
SHARED VOTING POWER
0
9.
SOLE DISPOSITIVE POWER
56,064
10.
SHARED DISPOSITIVE POWER
0
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,064
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.10%*
14.
TYPE OF REPORTING PERSON (see instructions)
IN
* Denominator is based on the 54,474,211 shares of stock outstanding
as of March 09, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
WILLIAM COSTARAS
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
PF
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
3,727
8.
SHARED VOTING POWER
15,200*
9.
SOLE DISPOSITIVE POWER
3,727
10.
SHARED DISPOSITIVE POWER
15,200*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,927
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.04%**
14.
TYPE OF REPORTING PERSON (see instructions)
IN
*These shares are deemed to be owned by William Costaras due to his
position as a trustee of the Howard Amster IRR Trust DTD 12/13/2012
** Denominator is based on the 54,474,211 shares of stock outstanding
as of March 09, 2020
1.
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Howard Amster IRR Trust DTD 12/31/2012
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b)
3.
SEC USE ONLY
4.
SOURCE OF FUNDS (see instructions)
WC
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
OH
7.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
15,200
8.
SHARED VOTING POWER
3,727*
9.
SOLE DISPOSITIVE POWER
15,200
10.
SHARED DISPOSITIVE POWER
3,727*
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,927
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.04%*
14.
TYPE OF REPORTING PERSON (see instructions)
IN
*These shares are deemed to be beneficially owned by the Howard Amster
IRR Trust DTD 12/13/12 as William Costaras serves as a trustee
**Denominator is based on the 54,474,211 shares of stock outstanding
as of March 9, 2020
This Amendment No. 1 to Schedule 13D (this Amendment No.1) amends and
supplements the state on Schedule 13D originally filed with the Securities
and Exchange Commission (SEC) on December 27, 2019, with respected to the
common stock, par value $0.001 per share (the Common Stock) of Medley
Capital Corporation, a Delaware Corporation (the Issuer). Except as
specifically amended by this Amendment No. 1, the Schedule 13D is
unchanged. Unless otherwise indicated, each capitalized term used
but not otherwise defined herein shall have meaning assigned to
such term in the Initial 13D.
(c)Prior to March 9, 2020 Amster Trading Company Charitable
Remainder Unitrust UA 09/07/200 ceased to exist and all assets were
distributed.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, we certify that the information set forth in this statement
is true, complete and correct.
HOWARD AMSTER
/s/ Howard Amster
Date: March 11, 2020
AMSTER TRADING COMPANY CRUT U/A DTD 09/07/2000
By; /s/ Howard Amster
Name: Howard Amster
Title: President Amster Trading Company, Trustee
Date: March 11, 2020
LAUGHLIN HOLDING LP
By; /s/ Howard Amster
Name: Howard Amster
Title: President Pleasant Lake Apts Corp, General Partner
of Pleasant Lakes Apts LP General Partner of Laughlin Holdings LP
Date: March 11, 2020
PLEASANT LAKE APTS LP
By; /s/ Howard Amster
Name: Howard Amster
Title: President of Pleasant Lakes Apts Corp, General Partner
Date: March 11, 2020
PLEASANT LAKE APTS CORP
By; /s/ Howard Amster
Name: Howard Amster
Title: President
Date: March 11, 2020
WILLIAM COSTARAS
/s/ William Costaras
Date: March 11, 2020
Howard Amster IRR Trust 12/13/12
/s/ William Costaras
Name: William Costaras
Title: Trustee
Date: March 11, 2020
BETTY KIMBREW
/s/ Betty Kimbrew
Date: March 11, 2020
CUSIP NO. 58503F-10-6 SCHEDULE 13D
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