-----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, M3hOXWeEoCUzOmEmAmwWmcU6GAuxC2V+DLAwXwh9u8iqstG9ywmWaJYHWJwoRkIH eAWeFzfkKAnob9+SsCdi7g== 0001144204-10-051712.txt : 20100930 0001144204-10-051712.hdr.sgml : 20100930 20100930150940 ACCESSION NUMBER: 0001144204-10-051712 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100930 DATE AS OF CHANGE: 20100930 GROUP MEMBERS: SCOTT BARBEE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN PACIFIC CORP CENTRAL INDEX KEY: 0000350832 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 596490478 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-33521 FILM NUMBER: 101099073 BUSINESS ADDRESS: STREET 1: 3883 HOWARD HUGHES PARKWAY STREET 2: STE 700 CITY: LAS VEGAS STATE: NV ZIP: 89169 BUSINESS PHONE: 7027352200 MAIL ADDRESS: STREET 1: 3883 HOWARD HUGHES PARKWAY STREET 2: STE 700 CITY: LAS VEGAS STATE: NV ZIP: 89169 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AEGIS FINANCIAL CORP CENTRAL INDEX KEY: 0001140753 IRS NUMBER: 541712996 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1100 NORTH GLEBE ROAD STREET 2: SUITE 1040 CITY: ARLINGTON STATE: VA ZIP: 22201-7788 BUSINESS PHONE: 7035287788 MAIL ADDRESS: STREET 1: 1100 NORTH GLEBE ROAD STREET 2: SUITE 1040 CITY: ARLINGTON STATE: VA ZIP: 22201-7788 FORMER COMPANY: FORMER CONFORMED NAME: BERNO GAMBAL & BARBEE INC DATE OF NAME CHANGE: 20010516 SC 13D 1 v197939_sc-13d.htm Unassociated Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

AMERICAN PACIFIC CORPORATION
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

028740108
(CUSIP Number)

SCOTT BARBEE
AEGIS FINANCIAL CORPORATION
1100 N GLEBE ROAD, SUITE 1040
ARLINGTON, VA 22201

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

September 30, 2010
(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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13D-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [X].

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*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. 028740108            SCHEDULE 13D
--------------------------------------------------------------------------------

1       NAME OF REPORTING PERSON

         Aegis Financial Corporation
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                     (a) [_]
                                                                     (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY

--------------------------------------------------------------------------------
4       SOURCE OF FUNDS*

         OO
--------------------------------------------------------------------------------
5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E)
                                                                         [_]
--------------------------------------------------------------------------------
6       CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
--------------------------------------------------------------------------------
                                                7     SOLE VOTING POWER
                                                           -0-
                 NUMBER OF           ----------------------------------------
                   SHARES                 8    SHARED VOTING POWER
                BENEFICIALLY             704,602
                  OWNED BY            ----------------------------------------
                    EACH                     9   SOLE DISPOSITIVE POWER
                 REPORTING                  -0-
                   PERSON                 ----------------------------------------
                    WITH                    10  SHARED DISPOSITIVE POWER
                                                          704,602
--------------------------------------------------------------------------------
11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         704,602
--------------------------------------------------------------------------------
12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES*
                                                                         [_]
--------------------------------------------------------------------------------
13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         9.3%
--------------------------------------------------------------------------------
14     TYPE OF REPORTING PERSON*

         IA
--------------------------------------------------------------------------------


 
--------------------------------------------------------------------------------
CUSIP No. 028740108            SCHEDULE 13D
--------------------------------------------------------------------------------

1       NAME OF REPORTING PERSON

         Scott Barbee
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                     (a) [_]
                                                                     (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY
 
--------------------------------------------------------------------------------
4       SOURCE OF FUNDS*

         PF & OO
--------------------------------------------------------------------------------
5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E)
                                                                         [_]
--------------------------------------------------------------------------------
6       CITIZENSHIP OR PLACE OF ORGANIZATION

         United States of America
--------------------------------------------------------------------------------
                                                7     SOLE VOTING POWER
                                                           10,800
                 NUMBER OF           ----------------------------------------
                   SHARES                 8     SHARED VOTING POWER
                BENEFICIALLY               704,602
                  OWNED BY            ----------------------------------------
                    EACH                     9    SOLE DISPOSITIVE POWER
                 REPORTING                   10,800
                   PERSON                 ----------------------------------------
                    WITH                    10   SHARED DISPOSITIVE POWER
                                                           704,602
--------------------------------------------------------------------------------
11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

         715,402
--------------------------------------------------------------------------------
12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES*
                                                                         [_]
--------------------------------------------------------------------------------
13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         9.5%
--------------------------------------------------------------------------------
14     TYPE OF REPORTING PERSON*

         IN
--------------------------------------------------------------------------------
 
 
 

 
 
1.      SECURITY AND ISSUER.

         This statement relates to the common stock (the "Common Stock"), of American Pacific Corporation (the "Company"), the principal executive offices of which are located at 3883 Howard Hughes Parkway, Suite 700, Las Vegas, Nevada 89169.

2.      IDENTITY AND BACKGROUND.

(a), (b) and (c)

         This Schedule 13D is being filed on behalf of Aegis Financial Corporation ("AFC") and Scott Barbee (each a "Reporting Person" and collectively, the "Reporting Persons").

(i)   The address of the principal business and principal office of AFC is 1100 N Glebe Road, Suite 1040, Arlington, VA 22201. Scott Barbee is the sole shareholder of AFC.

(ii)    Scott Barbee's address is 1100 N Glebe Road, Suite 1040, Arlington, VA 22201. Scott Barbee is President and sole shareholder of AFC.

(d)      During the past five years, neither of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
 

 
(e)     During the past five years, neither of the Reporting Persons has 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.

(f)     AFC is a Delaware S Corporation.
         Scott Barbee is a citizen of the United States of America.

3.      SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

The amount of funds expended to date by AFC to acquire the 704,602 shares of Common Stock it holds beneficially is $6,494,312.85. Such funds were provided from Advisory Clients' investment accounts managed by AFC.

The amount of funds expended to date by Scott Barbee to acquire the 10,800 shares of Common Stock he holds is $85,469.  Such funds were provide from Scott Barbee's personal funds.

No borrowed funds were used to purchase the Common Stock.

4.      PURPOSE OF TRANSACTION.

    The Reporting Persons have acquired their Common Stock of the Issuer for investment.  The Reporting Persons evaluate their investment in the Common Stock on a continual basis.  The Reporting Persons have no plans or proposals as of the date of this filing which, relate to, or would result in, any of the actions enumerated in Item 4 of the instructions to Schedule 13D.

    The Reporting Persons  reserve the right to be in contact with members of the Issuer's management, the members of the Issuer's  Board of  Directors (the “Board”), other significant shareholders and others regarding alternatives that the Issuer could employ to increase shareholder value.

    The Reporting Persons reserve the right to effect transactions that would change the number of shares they may be deemed to beneficially own.

    The Reporting Persons further reserve the right to act in concert with any other shareholders of the Issuer, or other  persons, for a common purpose should it determine to do so, and/or to recommend  courses of action to the Issuer's management, the Board, the Issuer's shareholders and others.

5.       INTEREST IN SECURITIES OF THE ISSUER.

    To the best of the Reporting Persons' knowledge based on the information contained in the Company's most recent Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, the aggregate number of shares of Common Stock of the Company outstanding as of July 30, 2010 was 7,543,091 shares.




(A)  Aegis Financial Corporation

(a) – (e)   Aggregate number of shares beneficially owned:  704,602
 Percentage:  9.3%

(b)     1.  Sole power to vote or to direct vote:  -0-

2.  Shared power to vote or to direct vote:  704,602

3.  Sole power to dispose or to direct the disposition:  -0-

4.  Shared power to dispose or to direct disposition:  704,602

(c)  AFC did not purchase or sell any shares of Common Stock during the past sixty days.

(B)  Scott Barbee

(a) – (e)    Aggregate number of shares beneficially owned:  715,402
                  Percentage:  9.5%

(b)     1.  Sole power to vote or to direct vote:  10,800

2.  Shared power to vote or to direct vote:  704,602

3.  Sole power to dispose or to direct the disposition:  10,800

4.  Shared power to dispose or to direct disposition:  704,602

(c)  Scott Barbee did not purchase or sell any shares of Common Stock during the past sixty days.

The Reporting Persons specifically disclaim beneficial ownership in the common stock reported herein except to the extent of their pecuniary interest therein.

6.       CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.


 
         There are no contracts, arrangements, understandings or relationships between the reporting Persons and any other person with respect to any security of the Company.
 
7.      MATERIAL TO BE FILED AS EXHIBITS.

         Exhibit 1      Joint Filing Agreement, dated as of September 30, 2010, among Aegis Financial Corporation and Scott Barbee

         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:  September 30, 2010

                                          Aegis Financial Corporation

                                          By: /s/ Scott Barbee
                                                -----------------------------
                                                Name:  Scott Barbee
                                                Title: President

                                          By: /s/ Scott Barbee
                                                -----------------------------
                                                Scott Barbee



EX-99.1 2 v197939_ex99-1.htm Unassociated Document
Exhibit 1

                             JOINT FILING AGREEMENT

         In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, each of the undersigned agree to the joint filing on behalf of each of them of the Schedule 13D to which this Joint Filing Agreement (this "AGREEMENT") is attached as an Exhibit and any amendments thereto. In evidence thereof, each of the undersigned, being duly authorized, hereby executed this Agreement.

Date:    September 30, 2010

                                          Aegis Financial Corporation

                                          By: /s/ Scott Barbee
                                              -----------------------------
                                              Name:  Scott Barbee
                                              Title: President

                                          By: /s/ Scott Barbee
                                              -----------------------------
                                              Scott Barbee

 
 

 

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