The Management Network Group, Inc.
|
(Name of Issuer)
|
Common Stock, $0.001 par value
|
(Title of Class of Securities)
|
561693102
|
Cusip Number
|
Norman H. Pessin
|
366 Madison Avenue, 14th Floor
|
New York, NY 10017
|
212-661-2670
|
Steven Wolosky, Esq. |
Olshan, Grundman, Frome, Rosenzweig, & Wolosky, LLP |
Park Avenue Tower |
65 East 55th Street |
New York, NY 10022
|
212-451-2300 |
(Name, Address and Telephone Number of Person
|
Authorized to Receive Notices and Communications)
|
June 22, 2011
|
(Date of Event which Requires Filing
|
of this Statement)
|
1
|
NAME OF REPORTING PERSON
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
SEP IRA FBO Norman H. Pessin XXX-XX-XXXX
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) þ
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
PF
|
|
5
|
CHECK BOX 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
|
7
|
SOLE VOTING POWER
|
265,100
|
||
BENEFICALLY
|
||
OWNED BY EACH
|
8
|
SHARED VOTING POWER
|
REPORTING
|
||
PERSON WITH
|
9
|
SOLE DISPOSITIVE POWER
|
265,100
|
||
10
|
SHARED DISPOSITIVE POWER
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
265,100
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
1) 3.7%
|
|
14
|
TYPE OF REPORTING PERSON*
|
IN
|
1
|
NAME OF REPORTING PERSON
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
Sandra F. Pessin XXX-XX-XXXX
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) þ
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
PF
|
|
5
|
CHECK BOX 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
|
7
|
SOLE VOTING POWER
|
166,851
|
||
BENEFICALLY
|
||
OWNED BY EACH
|
8
|
SHARED VOTING POWER
|
REPORTING
|
||
PERSON WITH
|
9
|
SOLE DISPOSITIVE POWER
|
166,851
|
||
10
|
SHARED DISPOSITIVE POWER
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
166,851
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
2) 2.3%
|
|
14
|
TYPE OF REPORTING PERSON*
|
IN
|
Name and Address:
|
1) Norman H. Pessin
|
|
366 Madison Avenue, 14th Floor
|
||
New York, NY 10017
|
||
2) Sandra F. Pessin
|
||
366 Madison Avenue, 14th Floor
|
||
New York, NY 10017
|
||
Principal Occupation:
|
1) Retired
|
|
2) Housewife
|
||
Criminal convictions:
|
1) None
|
|
2) None
|
||
Civil proceedings:
|
1) None
|
|
2) None
|
||
Citizenship:
|
1) United States
|
|
2) United States
|
SEP IRA F/B/O Norman H.Pessin
|
|||
By:
|
/s/ Norman H. Pessin
|
||
Norman H. Pessin
|
|||
/s/ Sandra F. Pessin
|
|||
Sandra F. Pessin
|
|||
June 22, 2011
|