UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
|
|||||||||||
Washington, D.C. 20549
|
|||||||||||
SCHEDULE 13G
|
|||||||||||
Under the Securities Exchange Act of 1934
|
|||||||||||
(Amendment No. 5 ) *
|
|||||||||||
Williams Controls, Inc.
|
|||||||||||
(Name of Issuer)
|
|||||||||||
Common Stock, par value $.01
|
|||||||||||
(Title of Class of Securities)
|
|||||||||||
969465-60-8
|
|||||||||||
(CUSIP Number)
|
|||||||||||
December 31, 2011
|
|||||||||||
(Date of Event Which Requires Filing of this Statement)
|
|||||||||||
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
|
|||||||||||
o |
Rule 13d-1(b)
|
||||||||||
x |
Rule 13d-1(c)
|
||||||||||
o |
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.
|
969465-60-8
|
||||||||||||||
1.
|
Names of Reporting Persons.
|
Lane Five Partners LP
|
|||||||||||||
I.R.S. Identification Nos. of above persons (entities only).
|
|||||||||||||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
||||||||||||||
(a) o
|
|||||||||||||||
(b) o
|
|||||||||||||||
3.
|
SEC Use Only
|
||||||||||||||
4.
|
Citizenship or Place of Organization
|
Delaware
|
|||||||||||||
Number of
|
5.
|
Sole Voting Power
|
425,794
|
||||||||||||
Shares Bene-
|
|||||||||||||||
ficially owned
|
6.
|
Shared Voting Power
|
0
|
||||||||||||
by Each
|
|||||||||||||||
Reporting
|
7.
|
Sole Dispositive Power
|
425,794
|
||||||||||||
Person With:
|
|||||||||||||||
8.
|
Shared Dispositive Power
|
0
|
|||||||||||||
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
425,794
|
|||||||||||||
10.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
|
||||||||||||||
11.
|
Percent of Class Represented by Amount in Row (9) 5.83% | ||||||||||||||
12.
|
Type of Reporting Person (See Instructions) PN
|
CUSIP No.
|
969465-60-8
|
|||||||||||||
1.
|
Names of Reporting Persons.
|
Lane Five Capital Management LP
|
||||||||||||
I.R.S. Identification Nos. of above persons (entities only).
|
||||||||||||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|||||||||||||
(a) o
|
||||||||||||||
(b) o
|
||||||||||||||
3.
|
SEC Use Only
|
|||||||||||||
4.
|
Citizenship or Place of Organization
|
Delaware
|
||||||||||||
Number of
|
5.
|
Sole Voting Power
|
667,325
|
|||||||||||
Shares Bene-
|
||||||||||||||
ficially owned
|
6.
|
Shared Voting Power
|
0
|
|||||||||||
by Each
|
||||||||||||||
Reporting
|
7.
|
Sole Dispositive Power
|
667,325
|
|||||||||||
Person With:
|
||||||||||||||
8.
|
Shared Dispositive Power
|
0
|
||||||||||||
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
667,325
|
||||||||||||
10.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
|
|||||||||||||
11.
|
Percent of Class Represented by Amount in Row (9) 9.14% | |||||||||||||
12.
|
Type of Reporting Person (See Instructions)
|
PN
|
CUSIP No.
|
969465-60-8
|
||||||||||||||
1.
|
Names of Reporting Persons.
|
Lane Five Capital Management, LLC
|
|||||||||||||
I.R.S. Identification Nos. of above persons (entities only).
|
|||||||||||||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
||||||||||||||
(a) o
|
|||||||||||||||
(b) o
|
|||||||||||||||
3.
|
SEC Use Only
|
||||||||||||||
4.
|
Citizenship or Place of Organization
|
Maryland
|
|||||||||||||
Number of
|
5.
|
Sole Voting Power
|
667,325
|
||||||||||||
Shares Bene-
|
|||||||||||||||
ficially owned
|
6.
|
Shared Voting Power
|
0
|
||||||||||||
by Each
|
|||||||||||||||
Reporting
|
7.
|
Sole Dispositive Power
|
667,325
|
||||||||||||
Person With:
|
|||||||||||||||
8.
|
Shared Dispositive Power
|
0
|
|||||||||||||
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
667,325
|
|||||||||||||
10.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
|
||||||||||||||
11.
|
Percent of Class Represented by Amount in Row (9) 9.14% | ||||||||||||||
12.
|
Type of Reporting Person (See Instructions) OO
|
CUSIP No.
|
969465-60-8
|
|||||||||||||
1.
|
Names of Reporting Persons.
|
Lane Five Partners GP LLC
|
||||||||||||
I.R.S. Identification Nos. of above persons (entities only).
|
||||||||||||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
|||||||||||||
(a) o
|
||||||||||||||
(b) o
|
||||||||||||||
3.
|
SEC Use Only
|
|||||||||||||
4.
|
Citizenship or Place of Organization
|
Delaware
|
||||||||||||
Number of
|
5.
|
Sole Voting Power
|
425,794
|
|||||||||||
Shares Bene-
|
||||||||||||||
ficially owned
|
6.
|
Shared Voting Power
|
0
|
|||||||||||
by Each
|
||||||||||||||
Reporting
|
7.
|
Sole Dispositive Power
|
425,794
|
|||||||||||
Person With:
|
||||||||||||||
8.
|
Shared Dispositive Power
|
0
|
||||||||||||
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
425,794
|
||||||||||||
10.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
|
|||||||||||||
11.
|
Percent of Class Represented by Amount in Row (9) 5.83% | |||||||||||||
12.
|
Type of Reporting Person (See Instructions)
|
OO
|
CUSIP No.
|
969465-60-8
|
||||||||||||||
1.
|
Names of Reporting Persons.
|
Lisa O’Dell Rapuano
|
|||||||||||||
I.R.S. Identification Nos. of above persons (entities only).
|
|||||||||||||||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
|
||||||||||||||
(a) o
|
|||||||||||||||
(b) o
|
|||||||||||||||
3.
|
SEC Use Only
|
||||||||||||||
4.
|
Citizenship or Place of Organization
|
United States
|
|||||||||||||
Number of
|
5.
|
Sole Voting Power
|
667,325
|
||||||||||||
Shares Bene-
|
|||||||||||||||
ficially owned
|
6.
|
Shared Voting Power
|
0
|
||||||||||||
by Each
|
|||||||||||||||
Reporting
|
7.
|
Sole Dispositive Power
|
667,325
|
||||||||||||
Person With:
|
|||||||||||||||
8.
|
Shared Dispositive Power
|
0
|
|||||||||||||
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
667,325
|
|||||||||||||
10.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o
|
||||||||||||||
11.
|
Percent of Class Represented by Amount in Row (9) 9.14% | ||||||||||||||
12.
|
Type of Reporting Person (See Instructions) IN
|
(a)
|
The name of the issuer is Williams Controls, Inc. (the “Issuer”).
|
(b)
|
The principal executive office of the Issuer is located at 14100 SW 72nd Avenue, Portland, OR 97224.
|
Item 2.
|
|
(a)
|
This statement (this “Statement”) is being filed by (i) Lane Five Partners LP, a Delaware limited partnership (the “Fund”), (ii) Lane Five Partners GP LLC, a Delaware limited liability company (the “General Partner”), (iii) Lane Five Capital Management LP, a Delaware limited partnership (the “Investment Manager”), (iv) Lane Five Capital Management, LLC, a Maryland limited liability company (the “Investment Manager GP”), and (v) Lisa O’Dell Rapuano. The Fund is a private investment vehicle formed for the purpose of investing and trading in a wide variety of securities and financial instruments. The General Partner serves as the general partner of the Fund and the Investment Manager serves as the investment manager of the Fund. The Investment Manager GP serves as the general partner of the Investment Manager. Ms. Rapuano is the controlling member of the General Partner and the Investment Manager GP. The Fund, the General Partner, the Investment Manager, the Investment Manager GP and Ms. Rapuano are collectively referred to herein as the “Filers”. The Fund directly owns the shares reported in this Statement. Each Filer disclaims beneficial ownership with respect to any shares other than the shares owned directly by such Filer.
|
(b)
|
The principal business office of the Filers is 1122 Kenilworth Drive, Suite 313, Towson, MD 21204.
|
(c)
|
For citizenship information see Item 4 of the cover sheet of each Filer.
|
(d)
|
This Statement relates to the common stock of the Issuer, par value $.01 per share (“Common Stock”).
|
(e)
|
The CUSIP Number of the Common Stock is 969465-60-8.
|
Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
|
||
(a)
|
o |
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
|
(b)
|
o |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
|
(c)
|
o |
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
|
(d)
|
o |
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
|
(e)
|
o |
An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
|
(f)
|
o |
An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
|
(g)
|
o |
A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
|
(h)
|
o |
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
(i)
|
o |
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)
|
o |
Group, in accordance with 240.13d-1(b)(1)(ii)(J).
|
(a) | Not applicable |
(b)
|
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.
|
/s/ Lisa O’Dell Rapuano | ||
Lisa O’Dell Rapuano
|
||
Lane Five Partners GP LLC
|
||
By:
|
/s/ Lisa O’Dell Rapuano
|
|
Lisa O’Dell Rapuano, Managing Member
|
||
Lane Five Capital Management LP
|
||
By:
|
Lane Five Partners Capital Management, LLC,
|
|
General Partner
|
||
By:
|
/s/ Lisa O’Dell Rapuano
|
|
Lisa O’Dell Rapuano, Managing Member
|
||
Lane Five Partners LP
|
||
By:
|
Lane Five Partners GP LLC,
|
|
General Partner
|
||
By:
|
/s/ Lisa O’Dell Rapuano
|
|
Lisa O’Dell Rapuano, Managing Member
|
||
Lane Five Capital Management, LLC
|
||
By:
|
/s/ Lisa O’Dell Rapuano
|
|
Lisa O’Dell Rapuano, Managing Member
|
Exhibit No.
|
Document
|
|
1
|
Joint Filing Agreement, dated February 11, 2012, among Lisa O’Dell Rapuano, Lane Five Partners GP LLC, Lane Five Capital Management LP, Lane Five Partners LP and Lane Five Capital Management, LLC to file this joint statement on Schedule 13G
|
/s/ Lisa O’Dell Rapuano | |||
Lisa O’Dell Rapuano
|
|||
Lane Five Partners GP LLC
|
|||
By:
|
/s/ Lisa O’Dell Rapuano
|
||
Lisa O’Dell Rapuano, Managing Member
|
|||
Lane Five Capital Management LP
|
|||
By:
|
Lane Five Partners Capital Management, LLC,
|
||
General Partner
|
|||
By:
|
/s/ Lisa O’Dell Rapuano
|
||
Lisa O’Dell Rapuano, Managing Member
|
|||
Lane Five Partners LP
|
|||
By:
|
Lane Five Partners GP LLC,
|
||
General Partner
|
|||
By:
|
/s/ Lisa O’Dell Rapuano
|
||
Lisa O’Dell Rapuano, Managing Member
|
|||
Lane Five Capital Management, LLC
|
|||
By:
|
/s/ Lisa O’Dell Rapuano
|
||
Lisa O’Dell Rapuano, Managing Member
|