The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AARONS INC COM PAR $0.50 002535300 14,624 410,325 SH   SOLE   410,325 0 0
ALLY FINL INC COM 02005N100 7,412 310,000 SH   SOLE   310,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,630 61,229 SH   SOLE   61,229 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 141 11,260 SH   SOLE   11,260 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 13,291 774,520 SH   SOLE   774,520 0 0
ASHLAND INC NEW COM 044209104 13,543 124,545 SH   SOLE   124,545 0 0
BLOCK H & R INC COM 093671105 15,931 475,265 SH   SOLE   475,265 0 0
BOB EVANS FARMS INC COM 096761101 676 13,500 SH Call SOLE   13,500 0 0
BOB EVANS FARMS INC COM 096761101 71,378 1,426,135 SH   SOLE   1,426,135 0 0
COEUR MNG INC *W EXP 04/16/201 192108116 10 10,888 SH   SOLE   10,888 0 0
COMPUWARE CORP COM 205638109 70,368 7,043,815 SH   SOLE   7,043,815 0 0
COVISINT CORP COM 22357R103 5,452 1,121,728 SH   SOLE   1,121,728 0 0
DIRECTV COM 25490A309 1,879 22,100 SH   SOLE   22,100 0 0
EQUINIX INC COM NEW 29444U502 12,850 61,165 SH   SOLE   61,165 0 0
FUSION-IO INC COM 36112J107 945 83,664 SH   SOLE   83,664 0 0
GENERAL MTRS CO COM 37045V100 773 21,300 SH Call SOLE   21,300 0 0
GENERAL MTRS CO COM 37045V100 18,146 499,894 SH   SOLE   499,894 0 0
HALLIBURTON CO COM 406216101 1,095 15,418 SH   SOLE   15,418 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 21,057 751,237 SH   SOLE   751,237 0 0
HOLOGIC INC COM 436440101 19,153 755,546 SH   SOLE   755,546 0 0
HUDSON CITY BANCORP COM 443683107 3,503 356,400 SH   SOLE   356,400 0 0
IRON MTN INC COM 462846106 6,293 177,516 SH   SOLE   177,516 0 0
MENS WEARHOUSE INC COM 587118100 19,588 351,040 SH   SOLE   351,040 0 0
MERITOR INC COM 59001K100 52,299 4,010,670 SH   SOLE   4,010,670 0 0
NATIONAL OILWELL VARCO INC COM 637071101 406 4,925 SH   SOLE   4,925 0 0
OIL STS INTL INC COM 678026105 13,632 212,701 SH   SOLE   212,701 0 0
QEP RES INC COM 74733V100 19,607 568,327 SH   SOLE   568,327 0 0
SCHLUMBERGER LTD COM 806857108 3,126 26,505 SH   SOLE   26,505 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 69,989 357,600 SH Put SOLE   357,600 0 0
SUNEDISON INC COM 86732Y109 26,741 1,183,220 SH   SOLE   1,183,220 0 0
VISTEON CORP COM NEW 92839U206 34,948 360,255 SH   SOLE   360,255 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 984 35,000 SH   SOLE   35,000 0 0