0001411686-11-000060.txt : 20111011
0001411686-11-000060.hdr.sgml : 20111010
20111011163544
ACCESSION NUMBER: 0001411686-11-000060
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111006
FILED AS OF DATE: 20111011
DATE AS OF CHANGE: 20111011
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: A.C. Moore Arts & Crafts, Inc.
CENTRAL INDEX KEY: 0001042809
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945]
IRS NUMBER: 223527763
STATE OF INCORPORATION: PA
FISCAL YEAR END: 0102
BUSINESS ADDRESS:
STREET 1: 130 A.C. MOORE DRIVE
CITY: BERLIN
STATE: NJ
ZIP: 08009
BUSINESS PHONE: (856) 768-4930
MAIL ADDRESS:
STREET 1: 130 A.C. MOORE DRIVE
CITY: BERLIN
STATE: NJ
ZIP: 08009
FORMER COMPANY:
FORMER CONFORMED NAME: A C MOORE ARTS & CRAFTS INC
DATE OF NAME CHANGE: 19970722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GLENHILL ADVISORS LLC
CENTRAL INDEX KEY: 0001137521
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23157
FILM NUMBER: 111135859
BUSINESS ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 646-432-0600
MAIL ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER NAME:
FORMER CONFORMED NAME: KREVLIN ADVISORS LLC
DATE OF NAME CHANGE: 20010402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GLENHILL CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001137522
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23157
FILM NUMBER: 111135857
BUSINESS ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 646-432-0600
MAIL ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER NAME:
FORMER CONFORMED NAME: GJK CAPITAL MANAGEMENT LLC
DATE OF NAME CHANGE: 20010402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KREVLIN GLENN J
CENTRAL INDEX KEY: 0001159120
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23157
FILM NUMBER: 111135858
MAIL ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Glenhill Capital Overseas Master Fund, L.P.
CENTRAL INDEX KEY: 0001300986
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23157
FILM NUMBER: 111135860
BUSINESS ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 646-432-0600
MAIL ADDRESS:
STREET 1: 156 WEST 56TH ST 17TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10019
4
1
edgar.xml
PRIMARY DOCUMENT
X0304
4
2011-10-06
0001042809
A.C. Moore Arts & Crafts, Inc.
ACMR
0001137521
GLENHILL ADVISORS LLC
156 WEST 56TH STREET
17TH FLOOR
NEW YORK
NY
10019
0
0
1
0
0001159120
KREVLIN GLENN J
156 WEST 56TH STREET
17TH FLOOR
NEW YORK
NY
10019
0
0
1
0
0001137522
GLENHILL CAPITAL MANAGEMENT LLC
156 WEST 56TH STREET
17TH FLOOR
NEW YORK
NY
10019
0
0
1
0
0001300986
Glenhill Capital Overseas Master Fund, L.P.
156 WEST 56TH STREET
17TH FLOOR
NEW YORK
NY
10019
0
0
1
0
Equity Swap
2011-10-06
4
S
1
254023
D
Common Stock
254023
309877
I
See Footnote
Equity Swap
2011-10-07
4
S
1
309877
D
Common Stock
309877
0
I
See Footnote
On October 6, 2011, a portion (representing 254,023 shares of common stock of the Issuer) of a previously reported total return equity swap was settled at a price per share of approximately $1.51. On October 7, 2011, the remaining portion (representing 309,877 shares of common stock of the Issuer) of such equity swap was settled at a price per share of approximately $1.51. For each such transaction, the settlement price was below the exercise price, which was re-set to $2.50 on July 1, 2011 (and re-set to expire on August 1, 2012), requiring Glenhill Capital Overseas Master Fund, LP to pay to the securities broker an amount equal to the decrease in the market value of such shares from the exercise price as of each such transaction date, plus applicable interest pursuant to the terms of the equity swap agreement as well as commissions.
Reporting person, Glenn J. Krevlin, is the managing member of Glenhill Advisors, LLC, a limited liability company that is managing member of Glenhill Capital Management LLC, which has investment control and owns a minority interest in various private investment funds, including Glenhill Capital Overseas Master Fund, LP which owns the reported derivative security. With respect to Glenhill Capital Overseas Master Fund, LP, investment management discretion has been delegated to Glenhill Capital Advisors, LLC, the managing member of which is Krevlin Management, Inc., the sole shareholder of which is Glenn J. Krevlin. Swaps are not counted for purposes of determining beneficial ownership. Such contracts do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership in securities that may be referenced in such contracts.
/s/ Glenn J. Krevlin
2011-10-11
/s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC
2011-10-11
/s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC
2011-10-11
/s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC, Sole Shareholder, Glenhill Capital Overseas GP, Ltd., General Partner, Glenhill Capital Overseas Master Fund LP
2011-10-11