-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KqKNAuDfvfoGj3s33QRIVpVj1bN7H951vpE2C/F6e9riEX6r9uavbxOoFej27Zkt zgJ3H+otEI1juJoAHXvTbQ== 0001067621-07-000014.txt : 20070601 0001067621-07-000014.hdr.sgml : 20070601 20070601142902 ACCESSION NUMBER: 0001067621-07-000014 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070601 DATE AS OF CHANGE: 20070601 GROUP MEMBERS: ANDREW DAKOS GROUP MEMBERS: BULLDOG INVESTORS GROUP MEMBERS: JAMES CHADWICK GROUP MEMBERS: LAWRENCE GOLDSTEIN GROUP MEMBERS: PHILLIP GOLDSTEIN GROUP MEMBERS: SOHAIL MALAD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORTH PITTSBURGH SYSTEMS INC CENTRAL INDEX KEY: 0000764765 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 251485389 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32402 FILM NUMBER: 07893741 BUSINESS ADDRESS: STREET 1: 4008 GIBSONIA RD CITY: GIBSONIA STATE: PA ZIP: 15044-9311 BUSINESS PHONE: 7244439600 MAIL ADDRESS: STREET 1: 4008 GIBSONIA ROAD CITY: GIBSONIA STATE: PA ZIP: 15044-9311 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDSTEIN PHILLIP CENTRAL INDEX KEY: 0001067621 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 9147475262 MAIL ADDRESS: STREET 1: 60 HERITAGE DRIVE CITY: PLEASANTVILLE STATE: NY ZIP: 10570 SC 13D/A 1 npsithirdsix.txt DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 5/31/07 1. NAME OF REPORTING PERSON Bulldog Investors, Phillip Goldstein, Andrew Dakos, Santa Monica Partners Opportunity Fund, L.P., Santa Monica Partners L.P., Santa Monica Partners II L.P., Lawrence J. Goldstein, Monarch Activist Partners L.P., James Chadwick, Sohail Malad, Nadel and Gussman Funds LLC. 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA 7. SOLE VOTING POWER NA 8. SHARED VOTING POWER NA 9. SOLE DISPOSITIVE POWER NA 10. SHARED DISPOSITIVE POWER NA 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,097,444 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [ ] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 7.31 % 14. TYPE OF REPORTING PERSON NA 1. NAME OF REPORTING PERSON Phillip Goldstein, Andrew Dakos, Bulldog Investors 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA 7. SOLE VOTING POWER 603,022 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 603,022 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 603,022 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [ ] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 4.01 % 14. TYPE OF REPORTING PERSON IA 1. NAME OF REPORTING PERSON Santa Monica Partners Opportunity Fund, L.P., Santa Monica Partners L.P., Santa Monica Partners II L.P., Lawrence J. Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA 7. SOLE VOTING POWER 352,244 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 352,244 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 352,244 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [ ] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 2.34% 14. TYPE OF REPORTING PERSON IA 1. NAME OF REPORTING PERSON Monarch Activist Partners L.P., James Chadwick, Sohail Malad, Nadel and Gussman Funds LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA 7. SOLE VOTING POWER 142,178 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 142,178 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 142,178 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 ..95% 14. TYPE OF REPORTING PERSON IA This statement constitutes amendment No.6 to the Schedule 13D filed on April 4, 2006. Except as specifically set forth herein, the Schedule 13D remains unmodified. Item 4 is amended as follows: ITEM 4. PURPOSE OF TRANSACTION On May 31, 2007 the reporting persons filed preliminary proxy materials with respect to the issuer with the SEC. Item 5 is amended as follows: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the 10Q filed on 5/11/07 there were 15,005,000 shares of NPSI outstanding as of 5/7/07. The percentage set forth in item 5 was derived using such number. Bulldog Investors, Phillip Goldstein and Andrew Dakos beneficially own an aggregate of 603,022 shares of NPSI. Power to dispose and vote securities reside solely with Mr. Goldstein or Mr. Dakos or jointly with both. Santa Monica Partners Opportunity Fund,L.P., Santa Monica Partners L.P., Santa Monica Partners II L.P., and accounts of Lawrence J. Goldstein are beneficial owners of 352,244 shares of NPSI. Power to dispose and vote securities reside with Mr. Lawrence J. Goldstein. Monarch Activist Partners L.P. is the beneficial owner of 139,236 shares of NPSI. Power to dispose and vote securities reside with Mr. James Chadwick. Nadel and Gussman Funds LLC is the beneficial owner of 2,942 shares of NPSI. Power to vote and dispose of securities resides with Chadwick Capital whose managing partner is Mr. James Chadwick. c) During the past 60 days the following shares of NPSI were traded (unless already reported): Bulldog Investors, Phillip Goldstein and Andrew Dakos Date # shares Price 5/31/2007 BOT 1000 $ 19.74 5/30/2007 BOT 1800 $ 19.10 5/24/2007 BOT 1000 $ 19.00 5/24/2007 BOT 3000 $ 19.00 5/24/2007 BOT 1000 $ 19.00 5/18/2007 BOT 200 $ 18.90 5/18/2007 BOT 900 $ 18.98 3/28/2007 BOT 27000 $ 22.00 3/28/2007 BOT 8500 $ 22.00 3/28/2007 BOT 7500 $ 22.00 3/28/2007 BOT 7000 $ 22.00 3/28/2007 BOT 50000 $ 22.00 Santa Monica Partners Opportunity Fund,L.P., Santa Monica Partners L.P., Santa Monica Partners II L.P., and accounts of Lawrence J. Goldstein 5/22/2007 BOT 753 $ 19.25 d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. e) NA Item 7 is amended as follows: ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None 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. Dated: 6/1/07 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /s/ Andrew Dakos Name: Andrew Dakos By: /s/ Lawrence J. Goldstein Name: Lawrence J. Goldstein By: /s/ James Chadwick Name: James Chadwick By: /s/ Sohail Malad Name: Sohail Malad -----END PRIVACY-ENHANCED MESSAGE-----