UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
| Gramercy Capital Corp. |
(Name of Issuer)
| 8.125% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share |
(Title of Class of Securities)
| 384871307 |
(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:
¨ 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. 384871307 |
| 1. |
Names of Reporting Persons
Thomas A. Maher | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨
| |||||
| 3. | SEC Use Only
| |||||
| 4. | Citizenship or Place of Organization
USA | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
25,441 (1) | ||||
| 6. | Shared Voting Power
256,973 (2) | |||||
| 7. | Sole Dispositive Power
25,441 (1) | |||||
| 8. | Shared Dispositive Power
256,973 (2) | |||||
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
282,414 (2) | |||||
| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||||
| 11. |
Percent of Class Represented by Amount in Row (9)
8.0% (3) | |||||
| 12. |
Type of Reporting Person (See Instructions)
IN | |||||
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| Item 1. | ||||||||
| (a) | Name of Issuer Gramercy Capital Corp. | |||||||
| (b) | Address of Issuer’s Principal Executive Offices 420 Lexington Avenue, New York, NY 10170 | |||||||
| Item 2. | ||||||||
| (a) | Name of Person Filing Thomas A. Maher | |||||||
| (b) | Address of Principal Business Office or, if none, Residence 1 Park Rd, Asheville, North Carolina 28803 | |||||||
| (c) | Citizenship USA | |||||||
| (d) | Title of Class of Securities 8.125% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share | |||||||
| (e) | CUSIP Number 384871307 | |||||||
| 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:
Not applicable | |||||||
| (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 §240.13d-1(b)(2)(ii)(E); | ||||||
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(2)(ii)(F); | ||||||
| (g) | ¨ | A parent holding company or control person in accordance with §240.13d-1(b)(2)(ii)(G); | ||||||
| (h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||||
| (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 §240.13d-1(b)(2)(ii)(J). | ||||||
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| Item 4. | Ownership |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: 282,414 (2) | |||||
| (b) | Percent of class: 8.0% (3) | |||||
| (c) | Number of shares as to which the person has: | |||||
| (i) | Sole power to vote or to direct the vote 25,441 (1) | |||||
| (ii) | Shared power to vote or to direct the vote 256,973 (2) | |||||
| (iii) | Sole power to dispose or to direct the disposition of 25,441 (1) | |||||
| (iv) | Shared power to dispose or to direct the disposition of 256,973 (2) | |||||
| 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 |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group |
Not applicable.
| Item 9. | Notice of Dissolution of Group |
Not applicable.
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| 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.
(1) Beneficial ownership figures are reported as of December 31, 2011.
(2) Includes (i) 239,670 shares held with his wife, Nancy K. Maher, as joint tenants with right of survivorship; (ii) 4,584 shares held in the name of his wife, Nancy K. Maher; (iii) 8,018 shares held in the name of his daughter, Colleen K. Maher; and (iv) 4,701 shares held in the name of his son, Peter W. Maher. The Reporting Person disclaims beneficial ownership of the shares held in the names of his wife, daughter, and son. In addition, Mr. Maher beneficially owns 254,709 shares of common stock of the issuer, including (i) 500 shares held through his IRA; (ii) 248,912 shares held with his wife, Nancy K. Maher, as joint tenants with right of survivorship; (iii) 1,047 shares held in the name of his daughter, Colleen K. Maher; and (iv) 4,250 shares held in the name of his son, Peter W. Maher. As Mr. Maher owns only 0.5% of the class of common stock of the Issuer, these shares have not been reported in a separate Schedule 13G.
(3) All percentages calculated above are based on 3,525,822 shares of 8.125% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share, outstanding as of December 31, 2011, as reported in the Schedule 14C filed by the Issuer with the Securities and Exchange Commission on December 19, 2011.
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.
| February 14, 2012 |
| Date |
| /s/ Thomas A. Maher |
| Name: Thomas A. Maher |
| ATTENTION | ||||
| Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). | ||||
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