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1
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NAMES OF REPORTING PERSON
Individual Retirement Accounts for the benefit of Ronald L. Chez and Ronald L. Chez Individually
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
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(a) o
(b) o
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (See Instructions)
PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
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o |
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF
SHARES
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7
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SOLE VOTING POWER
2,483,587
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BENEFICIALLY
OWNED BY
EACH
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8
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SHARED VOTING POWER
0
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| REPORTING
PERSON
WITH
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9
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SOLE DISPOSITIVE POWER
0
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10
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SHARED DISPOSITIVE POWER
2,483,587
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,483,587
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| 12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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| 13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.1%(1)
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| 14 |
TYPE OF REPORTING PERSON (See Instructions)
IN
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(a)
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The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
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(b)
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An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
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(c)
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A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
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(d)
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Any change in the present board of directors or to fill any existing vacancies on the board;
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(e)
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Any material change in the present capitalization or dividend policy of the Issuer;
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(f)
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Any other material change in the Issuer's business or corporate structure;
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(g)
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Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
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(h)
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Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
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(i)
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A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
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(j)
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Any action similar to any of those enumerated above.
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(a)
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The aggregate number of shares of the Stock owned beneficially by the Reporting Person is 2,483,587 (the "Shares") constituting approximately 8.1% of the outstanding shares of the Stock. The percentages in this Item 5(a) are based upon 30,812,257 shares of the Issuer’s common stock issued and outstanding as of May 20, 2011, as reported on the Issuer’s Form 10-K for the quarterly period ended March 31, 2011.
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(b)
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The Reporting Person has the sole power (and no shared power) to vote or dispose of or direct the disposition of Shares owned by such Reporting Person.
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(c)
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Except as described immediately below (and as set forth in Exhibit A hereto), the Reporting Person has not effected any transaction in shares of the Stock during the 60 days prior to the filing of this Schedule 13D. During the 60 days prior to the filing of this Schedule 13D, the Reporting Person purchased shares of Stock (through open market transactions) as follows:
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DATE
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QUANTITY
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PRICE PER SHARE
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5/19/2011
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1,400
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$3.75
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5/20/2011
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5,100
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$3.80
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5/20/2011
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4,300
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$3.75
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5/31/2011
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4,000
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$3.80
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6/1/2011
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6,300
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$3.86
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6/1/2011
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11,000
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$3.89
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6/2/2011
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4,000
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$3.72
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6/3/2011
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300
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$3.79
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6/7/2011
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1,000
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$3.67
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6/9/2011
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2,300
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$3.65
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6/10/2011
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4,000
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$3.65
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6/13/2011
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3,000
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$3.57
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6/14/2011
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4,000
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$3.50
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(d)
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Not applicable.
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(e)
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Not applicable.
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| /s/ |
Barry L. Fischer
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Barry L. Fischer, attorney-in-fact for Ronald L. Chez
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