0000950164-05-000075.txt : 20120703
0000950164-05-000075.hdr.sgml : 20120703
20050218110604
ACCESSION NUMBER: 0000950164-05-000075
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050218
DATE AS OF CHANGE: 20050218
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: FLEETWOOD ENTERPRISES INC/DE/
CENTRAL INDEX KEY: 0000314132
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR HOMES [3716]
IRS NUMBER: 951948322
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0425
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-30637
FILM NUMBER: 05626173
BUSINESS ADDRESS:
STREET 1: 3125 MYERS ST
STREET 2: P O BOX 7638
CITY: RIVERSIDE
STATE: CA
ZIP: 92503
BUSINESS PHONE: 9093513798
MAIL ADDRESS:
STREET 1: 3125 MYERS ST
CITY: RIVERSIDE
STATE: CA
ZIP: 92503
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: BASSWOOD CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001085393
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 645 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2125219500
MAIL ADDRESS:
STREET 1: BASSWOOD CAPITAL MANAGEMENT LLC
STREET 2: 645 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
SC 13G
1
fleetwood40710-13g.txt
13-G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
FLEETWOOD ENTERPRISES, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $1.00 PER SHARE
(Title of Class of Securities)
339099103
(CUSIP Number)
February 10, 2005
(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. 339099103 Page 2 of 9 Pages
--------------------------------------------------------------------------------
------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Basswood Capital Management, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
------------ -------------------------------------------------------------------
3 SEC USE ONLY
------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------- -------- ---------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
-------- ---------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,946,250 shares
-------- ---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
-------- ---------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
2,946,250 shares
------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,946,250 shares
------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
------------ -------------------------------------------------------------------
--------------------------------------------------------------------------------
CUSIP No. 339099103 Page 3 of 9 Pages
--------------------------------------------------------------------------------
------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Matthew Lindenbaum
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
------------ -------------------------------------------------------------------
3 SEC USE ONLY
------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------- -------- ---------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
-------- ---------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,946,250 shares
-------- ---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
-------- ---------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
2,946,250 shares
------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,946,250 shares
------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
------------ -------------------------------------------------------------------
--------------------------------------------------------------------------------
CUSIP No. 339099103 Page 4 of 9 Pages
--------------------------------------------------------------------------------
------------ -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Bennett Lindenbaum
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
------------ -------------------------------------------------------------------
3 SEC USE ONLY
------------ -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------- -------- ---------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
-------- ---------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,946,250 shares
-------- ---------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
-------- ---------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
2,946,250 shares
------------ -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,946,250 shares
------------ -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
------------ -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
------------ -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
------------ -------------------------------------------------------------------
Item 1(a). Name of Issuer:
Fleetwood Enterprises, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
3125 Myers Street
Riverside, CA 92503
Items 2(a) Name and Principal Business Address of Person Filing:
and 2(b).
This Schedule is being jointly filed by:
(i) Basswood Capital Management, LLC, a Delaware limited
liability company ("Basswood"), which acts as investment
advisor to one or more private investment partnerships (the
"Partnerships"), offshore investment funds (the "Funds")
and institutional managed accounts (the "Managed
Accounts"), with respect to the shares held by the
Partnerships, the Funds and the Managed Accounts;
(ii) Matthew Lindenbaum, a Managing Member of Basswood, with
respect to all of the reported shares; and
(iii) Bennett Lindenbaum, a Managing Member of Basswood, with
respect to all of the reported shares.
The principal business address of each reporting person is 645 Madison Avenue,
10th Floor, New York, New York 10022.
Item 2(c). Citizenship:
(i) Basswood Capital Management, LLC is a Delaware limited
liability company.
(ii) Messrs. Lindenbaum are United States citizens.
Item 2(d). Title of Class of Securities:
Common Stock, par value $1.00 per share
Item 2(e). CUSIP Number:
339099103
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under section 15 of the Act,
(b) [ ] Bank as defined in section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in section 3(a)(19) of the
Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E),
(f) [ ] An employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(1)(ii)(F),
(g) [ ] A parent holding company or control person in accordance
with ss. 240.13d-1(b)(1)(ii)(G),
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(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,
(j) [ ] A group, in accordance with ss. 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
The following states the beneficial ownership of the reporting persons as
of February 15, 2005. This report relates to the same shares of Common Stock
which may be deemed to be owned (i) directly (in the aggregate) by the
Partnerships, the Funds, and the Managed Accounts, none of which individually
beneficially own more than 5% of the class; (ii) indirectly by Basswood Capital
Management, LLC, in its capacity as investment advisor to the Partnerships, the
Funds and the Managed Accounts; and (iii) indirectly by Messrs. Lindenbaum, who,
as principals of Basswood Capital Management, LLC, have the power to direct the
vote or disposition of such securities.
Basswood Capital Management, LLC:
--------------------------------
(a) Amount beneficially owned: 2,946,250 shares
(b) Percent of class: 5.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote: 2,946,250
shares
(iii) Sole power to dispose or to direct the disposition of: None
(iv) Shared power to dispose or to direct the disposition of:
2,946,250 shares
Matthew Lindenbaum:
------------------
(a) Amount beneficially owned: 2,946,250 shares
(b) Percent of class: 5.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote: 2,946,250
shares
(iii) Sole power to dispose or to direct the disposition of: None
(iv) Shared power to dispose or to direct the disposition of:
2,946,250 shares
Bennett Lindenbaum:
------------------
(a) Amount beneficially owned: 2,946,250 shares
(b) Percent of class: 5.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote: 2,946,250
shares
(iii) Sole power to dispose or to direct the disposition of: None
(iv) Shared power to dispose or to direct the disposition of:
2,946,250 shares
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
The Partnerships, the Funds, and the Managed Accounts have the right to
receive dividends from and the proceeds of the sale of the subject securities
owned by such entities. None of such parties individually owns beneficially more
than 5% of the class.
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.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I (we) certify that, to the best of my (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.
SIGNATURE
After reasonable inquiry and to the best of my (our) knowledge and belief, I
(we) certify that the information set forth in this statement is true, complete
and correct.
Dated: February 17, 2005
Basswood Capital Management, LLC
/s/ Matthew Lindenbaum
-----------------------------------------
By: Matthew Lindenbaum
Title: Managing Member
/s/ Matthew Lindenbaum
-----------------------------------------
Matthew Lindenbaum, an individual
/s/ Bennett Lindenbaum
-----------------------------------------
Bennett Lindenbaum, an individual
Joint Filing Agreement
Basswood Capital Management, LLC, a Delaware limited liability company, and
Matthew and Bennett Lindenbaum, each an individual, hereby agree to file jointly
the statement on Schedule 13G to which this Agreement is attached and any
amendments thereto which may be deemed necessary, pursuant to Regulation 13D-G
under the Securities Exchange Act of 1934.
It is understood and agreed that each of the parties hereto is responsible for
the timely filing of such statement and any amendments thereto, and for the
completeness and accuracy of the information concerning such party contained
therein, but such party is not responsible for the completeness and accuracy of
information concerning any other party unless such party knows or has reason to
believe such information is inaccurate.
It is understood and agreed that a copy of this Agreement shall be attached as
an exhibit to the statement on Schedule 13G, and any amendments thereto, filed
on behalf of each of the parties hereto.
Dated: February 17, 2005
Basswood Capital Management, LLC
/s/ Matthew Lindenbaum
-----------------------------------------
By: Matthew Lindenbaum
Title: Managing Member
/s/ Matthew Lindenbaum
-----------------------------------------
Matthew Lindenbaum, an individual
/s/ Bennett Lindenbaum
-----------------------------------------
Bennett Lindenbaum, an individual