0000891836-13-000081.txt : 20130416 0000891836-13-000081.hdr.sgml : 20130416 20130416161744 ACCESSION NUMBER: 0000891836-13-000081 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130416 DATE AS OF CHANGE: 20130416 GROUP MEMBERS: DIACO INVESTMENTS L.P. GROUP MEMBERS: SEYMOUR PLUCHENIK GROUP MEMBERS: SIGET LLC GROUP MEMBERS: SIMON GLICK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SECURITY GROUP INC/TN CENTRAL INDEX KEY: 0001138817 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 582461486 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81521 FILM NUMBER: 13764158 BUSINESS ADDRESS: STREET 1: 531 BROAD STREET CITY: CHATTANOOGA STATE: TN ZIP: 37402 BUSINESS PHONE: 423-266-2000 MAIL ADDRESS: STREET 1: 531 BROAD STREET CITY: CHATTANOOGA STATE: TN ZIP: 37402 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GF Financial II, LLC CENTRAL INDEX KEY: 0001570538 IRS NUMBER: 133592383 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 810 SEVENTH AVENUE, 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 259-0311 MAIL ADDRESS: STREET 1: 810 SEVENTH AVENUE, 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 sc0064.htm SCHEDULE 13G Unassociated Document


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(b), (c) AND AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )*


FIRST SECURITY GROUP, INC.
(Name of Issuer)

Common Stock, Par Value $0.01
(Title of Class of Securities)

336312202
(CUSIP Number)

April 12, 2013
(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. 336312202
13G
Page 2 of 11 Pages

1.
NAMES OF REPORTING PERSONS
GF Financial II, LLC(1)
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
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
6,080,000
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
6,080,000
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,080,000
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO

(1) GF Financial II, LLC (“GFF II”) is 100% owned by Diaco Investments, L.P.


 
 

 




CUSIP NO. 336312202
13G
Page 3 of 11 Pages

1.
NAMES OF REPORTING PERSONS
Diaco Investments, L.P.(1)
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
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
6,080,000
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
6,080,000
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,080,000
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN

(1) Diaco Investments, L.P. (“Diaco”) is the managing member and 100% owner of GFF II. Diaco’s general partner is Siget LLC (“Siget”), of which each of Simon Glick and Seymour Pluchenik is a managing member.


 
 

 




CUSIP No. 336312202
13G
Page 4 of 11 Pages

1.
NAMES OF REPORTING PERSONS
Siget LLC(1)
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
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
6,080,000
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
6,080,000
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,080,000
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO

(1) Siget is general partner of Diaco, which owns 100% of GFF II.  Each of Simon Glick and Seymour Pluchenik is a managing member of Siget.


 
 

 




CUSIP No. 336312202
13G
Page 5 of 11 Pages

1.
NAMES OF REPORTING PERSONS
Simon Glick(1)
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
United States of America
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
6,080,000
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
6,080,000
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,080,000
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN

(1) Mr. Glick is a managing member and 1.1% owner of Siget, which is general partner of Diaco.  Diaco owns 100% of GFF II.


 
 

 




CUSIP No. 336312202
13G
Page 6 of 11 Pages

1.
NAMES OF REPORTING PERSONS
Seymour Pluchenik(1)
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
United States of America
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER
0
6.
SHARED VOTING POWER
6,080,000
7.
SOLE DISPOSITIVE POWER
0
8.
SHARED DISPOSITIVE POWER
6,080,000
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,080,000
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7%
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN

(1) Mr. Pluchenik is a managing member and 0.9% owner of Siget, which is general partner of Diaco.  Diaco owns 100% of GFF II.


 
 

 




CUSIP No. 336312202
13G
Page 7 of 11 Pages

 
Item 1.
 

 
(a)
Name of Issuer
     
   
First Security Group, Inc.
     
 
(b)
Address of Issuer’s Principal Executive Offices
     
   
531 Broad Street, Chattanooga, Tennessee  37402

 
Item 2.
 

 
(a)
Name of Person Filing
     
   
This statement is jointly filed by GF Financial II, a Delaware limited liability company (“GFF II”), Diaco Investments, L.P., a Delaware limited partnership and 100% owner of GFF II (“Diaco”), Siget, LLC, a Delaware limited liability company and general partner of Diaco (“Siget”), Mr. Simon Glick, a managing member of Siget and Mr. Seymour Pluchenik, a managing member of Siget. Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons”.
     
 
(b)
Address of Principal Business Office or, if none, Residence
     
   
The address of the business office of each of the Reporting Persons is 810 Seventh Avenue, 28th Floor, New York, New York  10019.
     
 
(c)
Citizenship
     
   
GFF II, Diaco and Siget are organized under the laws of the State of Delaware. Each of Messrs. Glick and Pluchenik is a citizen of the United States of America.
     
 
(d)
Title of Class of Securities
     
   
Common Stock, Par Value $0.01
     
 
(e)
CUSIP Number
     
   
336312202

 
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)
¨
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)(1)(ii)(E);
       
 
(f)
¨
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g)
¨
A parent holding company or control person in accordance with §240.13d-1(b)(1)(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)
¨
A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(j);
       
 
(k)
¨
Group, in accordance with §240.13d-1(b)(1)(ii)(J).


 
 

 




CUSIP No. 336312202
13G
Page 8 of 11 Pages

 
Item 4.
Ownership

 
(a)
Amount beneficially owned
   
6,080,000
     
 
(b)
Percent of class
   
9.7%
     
 
(c)
Number of shares as to which the person has:
     
   
(i)
Sole power to vote or to direct the vote
     
0
       
   
(ii)
Shared power to vote or to direct the vote
     
6,080,000
       
   
(iii)
Sole power to dispose or to direct the disposition of
     
0
       
   
(iv)
Shared power to dispose or to direct the disposition of
     
6,080,000

 
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.

Not applicable.

 
Item 8.
Identification and Classification of Members of the Group.

See Item 2(a).

 
Item 9.
Notice of Dissolution of Group.

           Not applicable.


 
 

 



CUSIP No. 336312202
13G
Page 9 of 11 Pages


Item 10.
Certification.

By signing below the undersigned certify that, to the best of our 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, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date:           April 16, 2013


 
GF FINANCIAL II, LLC
     
 
By:
Diaco Investments, L.P., a Delaware limited partnership and managing member of GF Financial II, LLC
     
 
By:
Siget LLC, a Delaware limited liability company and general partner of Diaco Investments, L.P.
     
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member


 
DIACO INVESTMENTS, L.P.
     
 
By:
Siget LLC, a Delaware limited liability company and general partner of Diaco Investments, L.P.
     
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member


 
SIGET LLC
   
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member


 
SIMON GLICK
   
 
/s/ Simon Glick


 
SEYMOUR PLUCHENIK
   
 
/s/ Seymour Pluchenik

 
 

 




CUSIP No. 336312202
13G
Page 10 of 11 Pages


INDEX OF EXHIBITS

Exhibit 1
Joint Filing Agreement, dated as of April 16, 2013, by and among GF Financial II, LLC, Diaco Investments, L.P., Siget LLC, Simon Glick and Seymour Pluchenik

 
 


EX-99.1 2 ex_99-a.htm EXHIBIT 1 -- JOINT FILING AGREEMENT Unassociated Document


CUSIP No. 336312202
13G
Page 11 of 11 Pages


EXHIBIT 1

JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)



The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements.  The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date:           April 16, 2013

 
GF FINANCIAL II, LLC
     
 
By:
Diaco Investments, L.P., a Delaware limited partnership and managing member of GF Financial II, LLC
 
By:
Siget LLC, a Delaware limited liability company and general partner of Diaco Investments, L.P.
     
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member


 
DIACO INVESTMENTS, L.P.
     
 
By:
Siget LLC, a Delaware limited liability company and general partner of Diaco Investments, L.P.
     
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member

 
SIGET LLC
   
 
By:
/s/ Simon Glick
   
Name:
Simon Glick
   
Title:
Managing Member


 
SIMON GLICK
   
 
/s/ Simon Glick
 

 
SEYMOUR PLUCHENIK
   
 
/s/ Seymour Pluchenik