-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HL4/XzhLYbLBkRGc8OOhFE9gIYNoP2OCLEevJZy1SFyQLzKceseUEDPFIYokMBRg sScRSg2fN4TvGgHsTR8CYg== 0000950172-05-000450.txt : 20050210 0000950172-05-000450.hdr.sgml : 20050210 20050210171714 ACCESSION NUMBER: 0000950172-05-000450 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050210 DATE AS OF CHANGE: 20050210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OGLEBAY NORTON CO /OHIO/ CENTRAL INDEX KEY: 0001129981 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 341888342 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79361 FILM NUMBER: 05594075 BUSINESS ADDRESS: STREET 1: 1001 LAKESIDE AVENUE - 15TH FLOOR CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 2168613300 MAIL ADDRESS: STREET 1: 1001 LAKESIDE AVENUE - 15TH FLOOR CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: ON MINERALS CO INC DATE OF NAME CHANGE: 20001214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MFP INVESTORS LLC CENTRAL INDEX KEY: 0001105685 IRS NUMBER: 223608480 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 51 JFK PARKWAY STREET 2: 2ND FLOOR CITY: SHORT HILLS STATE: NJ ZIP: 07078 BUSINESS PHONE: 9739212208 MAIL ADDRESS: STREET 1: 513 FK PARKWAY STREET 2: 2ND FLOOR CITY: SHORT HILLS STATE: NJ ZIP: 07078 SC 13G 1 ny7968448.txt MFP INVESTORS LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _____)* OGLEBAY NORTON CO /OHIO/ - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock - ------------------------------------------------------------------------------ (Title of Class and Securities) 677007205 ------------------------------------------------------------- (CUSIP Number) JANUARY 31, 2005 - ------------------------------------------------------------------------------ (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-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(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. 677007205 SCHEDULE 13G Page 2 of 6 - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MFP INVESTORS LLC 51 John F. Kennedy Parkway, 2nd Floor Short Hills, NJ 07078 MICHAEL F. PRICE 51 John F. Kennedy Parkway, 2nd Floor Short Hills, NJ 07078 Michael F. Price is the controlling person of MFP Investors LLC - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [X] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 155,213 EACH ------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH ------------------------------------------- (8) SHARED DISPOSITIVE POWER 155,213 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 155,213 - ------------------------------------------------------------------------------ (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.860% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) OO - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ CUSIP No. 677007205 SCHEDULE 13G Page 3 of 6 - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MFP Partners, LP c/o MFP Investors LLC 51 John F. Kennedy Parkway, 2nd Floor Short Hills, NJ 07078 - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [X] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 117,962 EACH ------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH ------------------------------------------- (8) SHARED DISPOSITIVE POWER 117,962 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 117,962 - ------------------------------------------------------------------------------ (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.694% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) OO - ------------------------------------------------------------------------------ Page 4 of 6 Item 1(a). Name of Issuer: OGLEBAY NORTON CO /OHIO/ Item 1(b). Address of Issuer's Principal Executive Offices: 1001 Lakeside Avenue 15th Floor Cleveland, OH 44114 Item 2(a). Name of Persons Filing: MFP INVESTORS LLC MFP PARTNERS, LP Item 2(b). Address of Principal Business Office or, if None, Residence: 51 JFK Parkway, 2nd Floor Short Hills, NJ 07078 Item 2(c). Citizenship: DELAWARE Item 2(d). Title of Class of Securities: CONVERTIBLE PREFERRED STOCK Item 2(e). CUSIP Number: 677007205 Item 3. If This Statement is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b), 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 Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); Page 5 of 6 (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) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J); Item 4. Ownership. As the investment adviser to several clients (none of which owns more than 5% of the common stock of the issuer), MFP Investors LLC is deemed to own 155,213 shares (4.860%) of the common stock of the issuer.* 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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. MFP Investors LLC manages investments for several clients, none of which currently owns more than 5% of the common stock of the issuer. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person. N/A Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of Group N/A Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. * As the investment adviser to several clients, MFP Investors LLC is deemed to own 424,000 shares of the convertible preferred stock of the issuer. Should MFP Investors LLC exercise its right of conversion of all the convertible preferred stock to common stock, it would be deemed to own a total of 16.012% of the outstanding common stock of the issuer and MFP Partners, LP (a client of MFP Investors LLC) would be deemed to own 12.169% of the outstanding common stock of the issuer. Page 6 of 6 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. 2/10/2005 --------------------------- Date MFP Investors LLC /s/ Michael F. Price --------------------------- SIGNATURE Name: Michael F. Price Title: Managing Member MICHAEL F. PRICE /s/ Michael F. Price --------------------------- SIGNATURE Name: Michael F. Price MFP Partners, LP /s/ Michael F. Price --------------------------- Signature Name: Michael F. Price Title: Authorized Signatory of the Investment Adviser JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the stock of Oglebay Norton Co., an Ohio corporation, and that this Joint Filing Agreement may be included as an exhibit to such joint filing. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 10th day of February, 2005. MFP Investors LLC /s/ Michael F. Price --------------------------- SIGNATURE Name: Michael F. Price Title: Managing Member MICHAEL F. PRICE /s/ Michael F. Price --------------------------- SIGNATURE Name: Michael F. Price MFP Partners, LP /s/ Michael F. Price --------------------------- SIGNATURE Name: Michael F. Price Title: Authorized Signatory of the Investment Adviser -----END PRIVACY-ENHANCED MESSAGE-----