-----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, NZ5Q4Vv+jhsiPBvAT5r6ZulR/y+uz3oh3eRXJsojF0fKPBBZj8SiPw0mvI8PplPu gVTyRRL6nWvUddE3yZAs+A== 0000950164-05-000032.txt : 20050214 0000950164-05-000032.hdr.sgml : 20050214 20050214113424 ACCESSION NUMBER: 0000950164-05-000032 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEAZER HOMES USA INC CENTRAL INDEX KEY: 0000915840 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 582086934 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44189 FILM NUMBER: 05604800 BUSINESS ADDRESS: STREET 1: 5775 PEACHTREE DUNW00DY RD STREET 2: STE B 200 CITY: ATLANTA STATE: GA ZIP: 30342 BUSINESS PHONE: 4042503420 MAIL ADDRESS: STREET 1: 5775 PEACHTREE DUNWOODY RD STREET 2: STE C-200 CITY: ATLANTA STATE: GA ZIP: 30342 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/A 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/A 1 bassbeazer40698-13ga.txt 13-G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* BEAZER HOMES USA, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 07556Q105 (CUSIP Number) December 31, 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 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. 07556Q105 Page 2 of 10 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 697,955 shares -------- --------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- -------- --------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 697,955 shares - ------------ ------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 697,955 shares - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - ------------ ------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 07556Q105 Page 3 of 10 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 of America - ------------------------- -------- --------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 870 shares -------- --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 697,955 shares -------- --------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 870 shares -------- --------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 697,955 shares - ------------ ------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 698,825 shares - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------ ------------------------------------------------------------------- - -------------------------------------------------------------------------------- CUSIP No. 07556Q105 Page 4 of 10 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 of America - ------------------------- -------- --------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 988 shares -------- --------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 697,955 shares -------- --------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 988 shares -------- --------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 697,955 shares - ------------ ------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 698,943 shares - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------ ------------------------------------------------------------------- Item 1(a). Name of Issuer: Beazer Homes USA, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 1000 Abernathy Road Suite 1200 Atlanta, Georgia 30328 Item 2(a). Name of Person Filing: Basswood Capital Management, LLC Matthew Lindenbaum Bennett Lindenbaum Item 2(b). Address of Principal Business Office or, if None, Residence: Basswood Capital Management, LLC 645 Madison Avenue 10th Floor New York, NY 10022 Matthew Lindenbaum c/o Basswood Capital Management, LLC 645 Madison Avenue 10th Floor New York, NY 10022 Bennett Lindenbaum c/o Basswood Capital Management, LLC 645 Madison Avenue 10th Floor New York, NY 10022 Item 2(c). Citizenship: Basswood Capital Management, LLC - Delaware Matthew Lindenbaum - United States of America Bennett Lindenbaum - United States of America Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share Item 2(e). CUSIP Number: 07556Q105 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. (a) Amount beneficially owned: Basswood Capital Management, LLC - 697,955 Matthew Lindenbaum - 698,825 Bennett Lindenbaum - 698,943 (b) Percent of class: Basswood Capital Management, LLC - 5.0 % Matthew Lindenbaum - 5.1 % Bennett Lindenbaum - 5.1 % (c) Number of shares as to which such person has: Basswood Capital Management, LLC (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 697,955 shares (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 697,955shares Matthew Lindenbaum (i) Sole power to vote or to direct the vote: 870 shares (ii) Shared power to vote or to direct the vote: 697,955shares (iii) Sole power to dispose or to direct the disposition of: 870 shares (iv) Shared power to dispose or to direct the disposition of: 697,955 shares Bennett Lindenbaum (i) Sole power to vote or to direct the vote: 988 shares (ii) Shared power to vote or to direct the vote: 697,955 shares (iii) Sole power to dispose or to direct the disposition of: 988 shares (iv) Shared power to dispose or to direct the disposition of: 697,955 shares 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 [ ]. N/A Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A Item 10. Certification. By signing below we certify that, to the best of our 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 our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2005 Basswood Capital Management LLC* /s/ Matthew Lindenbaum --------------------------------- By: Matthew Lindenbaum Title: Managing Member /s/ Matthew Lindenbaum --------------------------------- Matthew Lindenbaum* /s/ Bennett Lindenbaum --------------------------------- Bennett Lindenbaum* * The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Exhibit A AGREEMENT The undersigned agree that this Schedule 13G/A dated February 14, 2005 relating to the Common Stock, par value $0.01 per share, of Beazer Homes USA, Inc. shall be filed on behalf of the undersigned. Basswood Capital Management LLC /s/ Matthew Lindenbaum --------------------------------- By: Matthew Lindenbaum Title: Managing Member /s/ Matthew Lindenbaum --------------------------------- Matthew Lindenbaum /s/ Bennett Lindenbaum --------------------------------- Bennett Lindenbaum -----END PRIVACY-ENHANCED MESSAGE-----