0001162044-12-000923.txt : 20120928 0001162044-12-000923.hdr.sgml : 20120928 20120928160034 ACCESSION NUMBER: 0001162044-12-000923 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120928 DATE AS OF CHANGE: 20120928 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KSW INC CENTRAL INDEX KEY: 0001004125 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-HARDWARE & PLUMBING & HEATING EQUIPMENT & SUPPLIES [5070] IRS NUMBER: 113191686 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-45951 FILM NUMBER: 121116663 BUSINESS ADDRESS: STREET 1: 37-16 23RD ST CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7183616500 MAIL ADDRESS: STREET 1: 37-16 23RD STREET CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ancora Group, Inc. CENTRAL INDEX KEY: 0001492701 IRS NUMBER: 271506603 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 2000 AUBURN DRIVE STREET 2: SUITE 300 CITY: CLEVELAND STATE: OH ZIP: 44122 BUSINESS PHONE: 216-825-4000 MAIL ADDRESS: STREET 1: 2000 AUBURN DRIVE STREET 2: SUITE 300 CITY: CLEVELAND STATE: OH ZIP: 44122 SC 13D 1 ancorasc13d201209.htm --------------------------





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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934



KSW, Inc.

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(Name of Issuer)


COMMON SHARES

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(Title of Class of Securities)


48268R 10 6

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(CUSIP Number)


Richard Barone

C/O Ancora Advisors, LLC

ONE CHAGRIN HIGHLANDS

2000 AUBURN DRIVE, SUITE 300

CLEVELAND, OHIO 44122

(216) 825-4000

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(Name, Address and Telephone Number of Person Authorized to

Receive Notice and Communications)


September 28, 2012

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(Date of Event which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |__|.


Check the following box if a fee is being paid with the statement  |___|.



SCHEDULE 13D

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CUSIP NO. 48268R 10 6

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1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

ANCORA ADVISORS, LLC

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2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_|

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3

SEC USE ONLY

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4

SOURCE OF FUNDS*

00

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5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO

ITEMS 2(d) or 2(e) |_|

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6

CITIZENSHIP OR PLACE OF ORGANIZATION

State of Nevada, U.S.A.

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7

SOLE VOTING POWER

NUMBER OF     

SHARES

510,123

BENEFICIALLY

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OWNED BY    

8

SHARED VOTING POWER

EACH  

0

REPORTING

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PERSON

9

SOLE DISPOSITIVE POWER

WITH

510,123

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10

SHARED DISPOSITIVE POWER

0

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11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

510,123

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12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

|_|          

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13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

7.99%

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14

TYPE OF REPORTING PERSON*

IA

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The following constitutes to the Schedule 13D filed by the undersigned



Item 1.

Security and Issuer


This statement relates to the shares of Common Stock of KSW, Inc. The address of the issuer is 37-16 23rd Street, Long Island City, New York 11101.


Item 2.

Identity and Background


This statement is filed on behalf of Ancora Advisors LLC.  Ancora Advisors LLC is registered as an investment advisor with the SEC under the Investment Advisors Act, as amended. Ancora Advisors LLC is the investment advisor to the Ancora Trust, which includes the Ancora Income Fund, Ancora Equity Fund, Ancora Special Opportunity Fund and Ancora MicroCap Fund (Ancora Family of Mutual Funds), which are registered with the SEC as investment companies under the Investment Company Act, as amended.


Ancora Advisors LLC has the power to dispose of the shares owned by the investment clients for which it acts as advisor, including Merlin Partners, the Ancora Merger Arbitrage Fund LP, and the Ancora Greater China Fund LP for which it is also the General Partner, and the Ancora Family of Mutual Funds. Ancora Advisors disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.


During the last five years the Reporting Person has not been convicted in a criminal proceeding, nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.



Item 3.

Source and Amount of Funds or Other Consideration



Ancora Advisors owns no Shares directly but Ancora Advisors may be deemed to own (within the meaning of Rule 13(d)(3) of the Securities Exchange Act of 1934) Shares purchased for or transferred to the accounts of investment management clients.  Ancora Advisors disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.


Merlin Partners, Ancora Merger Arbitrage Fund LP, Ancora Greater China Fund LP Ancora Family of Mutual Funds, Employees of Ancora Advisors LLC and Owners of Ancora Advisors LLC. have used available and uncommitted cash to purchase shares of the Issuer.


Item 4.

Purpose of Transaction


The shares of Common Stock covered by this Schedule 13D were acquired in recent months by Ancora Advisors, LLC for investment purposes in the ordinary course of business. Ancora Advisors, LLC reserves the right to take any and all actions that they may deem appropriate to maximize the value of their investments, including, among other things, purchasing or otherwise acquiring additional securities of the Issuer, selling or otherwise disposing of any securities of the Issuer beneficially owned by them.  In each case in the open market or in privately negotiated transactions or formulating other plans or proposals regarding the Issuer or its securities to the extent deemed advisable by Ancora Advisors, LLC in light of their general investment policies, market conditions, subsequent developments affecting the Issuer and the general business and future prospects of the Issuer.  Ancora Advisors, LLC may take any other action with respect to the Issuer or any of the Issuer’s debt or equity securities in any manner permitted by applicable law.



Item 5.

Interest in Securities of the Issuer


Set forth below, Ancora Advisors LLC, in the aggregate, are the number of Shares which may be deemed to be beneficially owned as of September 28, 2012 and the percentage of the Shares outstanding represented by such ownership (based on 6,386,625 shares outstanding as of August 14, 2012:


Name:

No. of Shares

Percent of Class


Ancora Owners/Employees (1)

 

0

0.00 %


Ancora Funds & Partnerships(2)

 

510,123

7.99%


Ancora Advisors(3)

      0

0.00 %


Total

510,123

7.99%


(1) These Shares are owned by the owners and employees of Ancora Advisors LLC.


(2) These Shares are owned by the Ancora Family of Mutual Funds and/or Investment Partnerships, including Merlin Partners, the Ancora Merger Arbitrage Fund LP, and the Ancora Greater China Fund LP for which it is also the General Partner, of which Ancora Advisors acts as the discretionary portfolio manager.


(3) These Shares are owned by investment clients of Ancora Advisors. Ancora Advisors does not own these shares directly, but by virtue of Ancora Advisors Investment Management Agreement with the investment clients of Ancora Advisors, each may be deemed to beneficially own Shares by reason of their power to dispose of such Shares. Ancora Advisors disclaims beneficial ownership of such Shares.






Item 6.

Contracts, Arrangements, Understanding or Relationships with Respect to Securities of the Issuer.


Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Issuer.






Item 7.

Material to be Filed as Exhibits



Exhibit A: “Relevant Transactions in Shares” in the past 60 days.



 

 

 

 

Date

Buy/Sell

Quantity

Price

9/12/2012

Buy

19,400

4.97

9/13/2012

Buy

25,608

4.98

9/14/2012

Buy

123,600

4.986

9/17/2012

Buy

76,400

4.9889

9/20/2012

Buy

5,268

4.99

9/21/2012

Buy

82,309

4.99

9/24/2012

Buy

12,112

4.99

9/25/2012

Buy

7,693

4.99

9/26/2012

Buy

135,487

4.9998

9/27/2012

Buy

21,013

4.9978

9/28/2012

Buy

1,233

4.9935

 

 

510,123

 

 

 

 

 

 

 

 


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:

September 28, 2012      ANCORA ADVISORS, LLC



ANCORA ADVISORS, LLC


By: /s/ Richard Barone

    Richard Barone

       

    Chairman