0001504304-15-000124.txt : 20151015 0001504304-15-000124.hdr.sgml : 20151015 20151015124201 ACCESSION NUMBER: 0001504304-15-000124 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20151015 DATE AS OF CHANGE: 20151015 GROUP MEMBERS: BULLDOG INVESTORS I GROUP MEMBERS: FULL VALUE PARTNERS LP GROUP MEMBERS: FULL VALUE SPECIAL SITUATIONS FUND LP GROUP MEMBERS: OPPORTUNITY PARTNERS LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Gyrodyne, LLC CENTRAL INDEX KEY: 0001589061 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 463838291 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88991 FILM NUMBER: 151159727 BUSINESS ADDRESS: STREET 1: 1 FLOWERFIELD, SUITE 24 CITY: ST. JAMES STATE: NY ZIP: 11780 BUSINESS PHONE: 631-584-5400 MAIL ADDRESS: STREET 1: 1 FLOWERFIELD, SUITE 24 CITY: ST. JAMES STATE: NY ZIP: 11780 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bulldog Investors, LLC CENTRAL INDEX KEY: 0001504304 IRS NUMBER: 270926182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 BUSINESS PHONE: 201 556-0092 MAIL ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 FORMER COMPANY: FORMER CONFORMED NAME: Brooklyn Capital Management LLC DATE OF NAME CHANGE: 20101026 SC 13G/A 1 thirteenga.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 Gyrodyne, LLC (Name of Issuer) Common Stock (Title of Class of Securities) 403829104 (CUSIP Number) 10/14/15 (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) CUSIP No.: 403829104 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Opportunity Partners LP, Full Value Special Situations Fund LP, Full Value Partners LP, Bulldog Investors I. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) X (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 55,612 6. Shared Voting Power 0 7. Sole Dispositive Power 55,612 8. Shared Dispositive Power 0 55,612 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 3.75% 12. Type of Reporting Person (See Instructions) IC Item 1. (a) The Name of the Issuer is: Gyrodyne, LLC (b) The Address of the Issuer's Principal Executive Office is: 1 FLOWERFIELD, SUITE 24 ST. JAMES NY 11780 Item 2. (a) The names of the Persons Filing are: Opportunity Partners LP, Full Value Special Situations Fund LP, Full Value Partners LP, Bulldog Investors I. (b) The address of principal place of business and principal office is: Park 80 West, 250 Pehle Ave. Suite 708 Saddle Brook, NJ 07663 (c) Citizenship or Place of Organization: Delaware (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 403829104 Item 3. This statement is filed pursuant to 240.13d-1(c). Item 4. (a) Amount beneficially owned: 55,612 (b) Percent of class: 3.75% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 55,612 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 55,612 (iv) Shared power to dispose or to direct the disposition of: 0 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: _X__. Item 6. Ownership of More than Five Percent on Behalf of Another Person. n/a 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. As per the supplement to the prospectus dated 7/1/15, there were 1,482,680 shares of common stock to be outstanding after the merger on 9/1/15. The percentages set forth herein were derived using such number. As of October 14, 2015, Opportunity Partners LP, Full Value Special Situations Fund LP, Full Value Partners LP, Bulldog Investors I (collectively Bulldog Investors Group of Funds) is deemed to be the beneficial owner of 55,612 shares of GYRO. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. 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. By: /s/ Phillip Goldstein - Manager of the General Partner Name: Phillip Goldstein Date: October 15, 2015 Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein.