1
|
NAME OF REPORTING PERSON
Alpine Investment Management, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
-0-
|
|
8
|
SHARED VOTING POWER
1,244,993
|
||
9
|
SOLE DISPOSITIVE POWER
-0-
|
||
10
|
SHARED DISPOSITIVE POWER
1,244,993
|
||
11
|
AGGREGATE AMOUNT BENFICIALLY OWNED BY EACH REPROTING PERSON
1,244,993
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
|
||
14
|
TYPE OF REPORTING PERSON
IA
|
1
|
NAME OF REPORTING PERSON
Alpine Partners Management, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
-0-
|
|
8
|
SHARED VOTING POWER
56,600
|
||
9
|
SOLE DISPOSITIVE POWER
-0-
|
||
10
|
SHARED DISPOSITIVE POWER
56,600
|
||
11
|
AGGREGATE AMOUNT BENFICIALLY OWNED BY EACH REPROTING PERSON
56,600
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
|
||
14
|
TYPE OF REPORTING PERSON
IA, OO
|
1
|
NAME OF REPORTING PERSON
Nicholas V. Tompras
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
-0-
|
|
8
|
SHARED VOTING POWER
1,244,993
|
||
9
|
SOLE DISPOSITIVE POWER
-0-
|
||
10
|
SHARED DISPOSITIVE POWER
1,244,993
|
||
11
|
AGGREGATE AMOUNT BENFICIALLY OWNED BY EACH REPROTING PERSON
1,244,993
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
Item 3.
|
Source and Amount of Funds or Other Consideration.
|
Item 4.
|
Purpose of Transaction.
|
Item 5.
|
Interest in Securities of the Issuer.
|
Item 7.
|
Material to be Filed as Exhibits.
|
|
99.1
|
Letter to the Lead Independent Director of Board of Directors of the Issuer Dated August 23, 2012
|
Dated: August 23, 2012.
|
Alpine Investment Management, LLC
|
|
By:
|
/s/ Nicholas V. Tompras
|
|
Nicholas V. Tompras
|
||
Chief Executive Officer
|
Alpine Partners Management, LLC
|
||
By:
|
/s/ Nicholas V. Tompras
|
|
Nicholas V. Tompras
|
||
Managing Member
|
/s/ Nicholas V. Tompras
|
|
Nicholas V. Tompras
|
Shares of Common
Stock Purchased/(Sold)
|
Price Per
Share($)
|
Date of
Purchase/Sale
|
1,375
|
10.7173
|
07/27/2012
|
|
115
|
10.5420
|
07/27/2012
|
|
135
|
10.5420
|
07/27/2012
|
|
695
|
10.5089
|
07/30/2012
|
|
400
|
10.5800
|
07/30/2012
|
|
(200)
|
10.5700
|
07/30/2012
|
|
(300)
|
10.5700
|
07/30/2012
|
|
520
|
10.7408
|
07/31/2012
|
|
630
|
10.5702
|
07/31/2012
|
|
190
|
10.7281
|
07/31/2012
|
|
1,305
|
10.7408
|
07/31/2012
|
|
2,470
|
10.6846
|
07/31/2012
|
|
8,765
|
10.7373
|
08/01/2012
|
|
(225)
|
10.7441
|
08/01/2012
|
|
47,779
|
10.7175
|
08/02/2012
|
|
31,985
|
11.0116
|
08/03/2012
|
|
10,135
|
11.0022
|
08/06/2012
|
|
1,610
|
10.9860
|
08/07/2012
|
|
1,085
|
10.8577
|
08/08/2012
|
|
4,940
|
10.7343
|
08/10/2012
|
|
27,955
|
10.7448
|
08/13/2012
|
|
19,680
|
10.9725
|
08/14/2012
|
|
755
|
10.9089
|
08/16/2012
|
|
4,485
|
10.9873
|
08/17/2012
|
|
3,075
|
10.9522
|
08/20/2012
|
|
22,940
|
11.2492
|
08/21/2012
|
|
1,145
|
10.8729
|
08/22/2012
|
15,600
|
10.8023
|
08/01/2012
|
|
-
|
that approximately $5 per share in cash and Deferred Tax Assets (DTAs) are owned 100% by public shareholders and 0% by Calamos Family Partners, Inc (“CFP”),
|
|
-
|
that this $5 per share has no value to Calamos Investments LLC (“LLC”), the operating company, since the LLC would have to pay public shareholders $5 per share (i.e., an arm’s length transaction) to acquire these assets, and therefore,
|
|
-
|
that holding this $5 per share makes no sense for the LLC or CLMS shareholders?
|