-----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, TDx/ltII976/L+eMrYjxA5wEhlPZF2940s4jjyDgs+uLT8Up5N5CT2T5hdH8YQFx 4FrTbbxSm8N/Ycm7N90Qgw== 0000950142-04-001961.txt : 20040607 0000950142-04-001961.hdr.sgml : 20040607 20040607153825 ACCESSION NUMBER: 0000950142-04-001961 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040607 GROUP MEMBERS: JEFFREY THORP GROUP MEMBERS: LANGLEY CAPITAL, LLC GROUP MEMBERS: LANGLEY MANAGEMENT, LLC GROUP MEMBERS: LANGLEY PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MACE SECURITY INTERNATIONAL INC CENTRAL INDEX KEY: 0000912607 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 030311630 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-47985 FILM NUMBER: 04851906 BUSINESS ADDRESS: STREET 1: 1000 CROWFORD PLACE STREET 2: SUITE 400 CITY: MOUNT LAUREL STATE: NJ ZIP: 08054 BUSINESS PHONE: 8567782300 MAIL ADDRESS: STREET 1: 160 BENMONT AVE CITY: BENNINGTON STATE: VT ZIP: 05201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: THORP JEFFREY CENTRAL INDEX KEY: 0001029691 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2029 CENTURY PARK EAST STREET 2: SUITE 2600 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 2128507528 MAIL ADDRESS: STREET 1: 2029 CENTURY PARK EAST STREET 2: SUITE 2600 CITY: LOS ANGELES STATE: CA ZIP: 90067 SC 13G 1 sc13g-mace.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. )* Mace Security International, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 554335208 (CUSIP Number) May 26, 2004 (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 disclosures provided in a prior cover page. The information required on 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. 554335208 Page 2 of 9 Pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person: Langley Partners, L.P. - -------------------------------------------------------------------------------- 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: -0- Number of Shares ------------------------------------------------------ Beneficially 6. Shared Voting Power: 1,098,000 (see Item 4) Owned By Each ------------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------------ 8. Shared Dispositive Power: 1,098,000 (see Item 4) - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,098,000 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 7.6% - -------------------------------------------------------------------------------- 12. Type of Reporting Person: PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 3 of 9 Pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person: Langley Management, LLC - -------------------------------------------------------------------------------- 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: -0- Number of Shares ------------------------------------------------------ Beneficially 6. Shared Voting Power: 1,098,000 (see Item 4) Owned By Each ------------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------------ 8. Shared Dispositive Power: 1,098,000 (see Item 4) - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,098,000 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 7.6% - -------------------------------------------------------------------------------- 12. Type of Reporting Person: OO - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 4 of 9 Pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person: Langley Capital, LLC - -------------------------------------------------------------------------------- 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: -0- Number of Shares ------------------------------------------------------ Beneficially 6. Shared Voting Power: 1,098,000 (see Item 4) Owned By Each ------------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------------ 8. Shared Dispositive Power: 1,098,000 (see Item 4) - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,098,000 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 7.6% - -------------------------------------------------------------------------------- 12. Type of Reporting Person: OO - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 5 of 9 Pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person: Jeffrey Thorp - -------------------------------------------------------------------------------- 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: -0- Number of Shares ------------------------------------------------------ Beneficially 6. Shared Voting Power: 1,098,000 (see Item 4) Owned By Each ------------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------------ 8. Shared Dispositive Power: 1,098,000 (see Item 4) - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,098,000 - -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 7.6% - -------------------------------------------------------------------------------- 12. Type of Reporting Person: IN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 6 of 9 Pages - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Mace Security International, Inc. (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: 1000 Crawford Place Suite 400 Mt. Laurel, NJ 08054 Item 2(a). Name of Persons Filing: (i) Langley Partners, L.P. ("Langley L.P."), (ii) Langley Management, LLC, (iii) Langley Capital, LLC and (iv) Jeffrey Thorp ("Thorp," together with Langley L.P., Langley Management, LLC and Langley Capital, LLC, the "Reporting Persons"). Item 2(b). Address of Principal Business Office: For each Reporting Person: 535 Madison Avenue 7th Floor New York, NY 10022. Item 2(c). Citizenship: See row 4 of each Reporting Persons' cover page. Item 2(d). Title of Class of Securities: Common Stock, $.01 par value per share, of the Company Item 2(e). CUSIP Number: 554335208 Item 3. Not applicable. Item 4. Ownership. For each Reporting Person: (a) Amount beneficially owned: 1,098,000 shares of Common Stock as follows: (i) 915,000 shares of Common Stock are owned of record by Langley L.P. and (ii) 183,000 shares of Common Stock issuable, subject to certain limitations set forth in the warrant agreement, to Langley L.P. upon exercise of warrants. Langley Capital, LLC is the general partner of Langley L.P. Thorp is the sole member and manager of Langley Capital, LLC. Langley Management, LLC is the investment manager of Langley L.P. Thorp holds a 99.9% membership interest in Langley - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 7 of 9 Pages - -------------------------------------------------------------------------------- Management, LLC and is the sole manager thereof. As a result, each of Langley Management, LLC, Langley Capital, LLC and Thorp are considered to share the power to vote or direct the vote of, and the power to dispose or direct the disposition of, the shares of Common Stock owned of record by Langley L.P. This statement on Schedule 13G shall not be construed as an admission that any of the Reporting Persons (other than Langley L.P.) is the beneficial owner of the Common Stock covered by this statement. (b) Percent of class: 7.6% of the total outstanding shares of Common Stock. This percentage is based upon the 14,384,056 shares of Common Stock issued and outstanding, which number is calculated by adding (i) 13,286,056 (the number of shares of Common Stock reported in the Form 10-Q for the period ended March 31, 2004), (ii) 915,000 (the number of shares of Common Stock issued to Langley L.P. as reported on Form 8-K, filed on May 28, 2004) and (iii) 183,000 (the number of shares of Common Stock issuable to Langley L.P. upon exercise of its warrants). (c) Number of shares to which each Reporting Person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,098,000 (iii) Sole power to dispose or to direct the disposition of: -0- (iv) Shared power to dispose of or direct the disposition of: 1,098,000 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. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported 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 a Group. Not Applicable. - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 8 of 9 Pages - -------------------------------------------------------------------------------- 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. - -------------------------------------------------------------------------------- CUSIP No. 554335208 Page 9 of 9 Pages - -------------------------------------------------------------------------------- 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. Dated: June 7, 2004 LANGLEY PARTNERS, L.P. By: LANGLEY CAPITAL, LLC, as General Partner By: /s/ Jeffrey Thorp -------------------------- Jeffrey Thorp, Manager LANGLEY MANAGEMENT, LLC By: /s/ Jeffrey Thorp ------------------------------ Jeffrey Thorp, Manager LANGLEY CAPITAL, LLC By: /s/ Jeffrey Thorp ------------------------------ Jeffrey Thorp, Manager /s/ Jeffrey Thorp -------------------------------------- Jeffrey Thorp EX-1 3 ex1_sc13g-mace.txt EXHIBIT 1 Exhibit 1 --------- JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, par value $0.01 per share, of Mace Security International, Inc., and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate. IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on June 7, 2004. LANGLEY PARTNERS, L.P. By: LANGLEY CAPITAL, LLC, as General Partner By: /s/ Jeffrey Thorp -------------------------- Jeffrey Thorp, Manager LANGLEY MANAGEMENT, LLC By: /s/ Jeffrey Thorp ------------------------------ Jeffrey Thorp, Manager LANGLEY CAPITAL, LLC By: /s/ Jeffrey Thorp ------------------------------ Jeffrey Thorp, Manager /s/ Jeffrey Thorp -------------------------------------- Jeffrey Thorp -----END PRIVACY-ENHANCED MESSAGE-----