SC 13D/A 1 v159862_sc13da.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13D/A
 
(Amendment No. 58)
 
Under the Securities Exchange Act of 1934
 
Casual Male Retail Group, Inc.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
25057L102
(CUSIP Number)
 
Seymour Holtzman
c/o Jewelcor Companies
100 N. Wilkes Barre Blvd.
Wilkes-Barre, Pennsylvania 18702
(570) 822-6277
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
 
August 27, 2009
(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 §§ 240.13d-1(e), 240.13d-1(f), or 240.13d-1(g), check the following box:  o
 

 
SCHEDULE 13D
CUSIP No. 25057L102 
 
           
1   NAMES OF REPORTING PERSONS:
   
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
Seymour Holtzman 
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o 
  (b)   x
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  PF
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
United States of America
       
  7   SOLE VOTING POWER:
     
NUMBER OF  
5,630,069(1)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON  
5,630,069(1)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
 
5,630,069(1) - See Item 5
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  13.37%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN
­                                                                                                                                
(1) Includes options to purchase an aggregate of 1,690,000 shares of Common Stock and warrants to purchase an aggregate of 80,000 shares of Common Stock, all of which are immediately exercisable and are directly beneficially owned by Mr. Holtzman.


 
SCHEDULE 13D
CUSIP No. 25057L102 
 
           
1   NAMES OF REPORTING PERSONS:
   
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
Evelyn Holtzman
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o 
  (b)   x
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  NA
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
United States of America
       
  7   SOLE VOTING POWER:
     
NUMBER OF  
0
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON  
0
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
 
0 - See Item 5
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  0%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN
 

 
This Amendment No. 58 amends and supplements the Schedule 13D, dated November 27, 1998, as amended to date (the “Schedule 13D”), originally filed with the Securities and Exchange Commission by Jewelcor Management, Inc. (“JMI”) and others with respect to the common stock, $.01 par value (the “Common Stock”), of Casual Male Retail Group, Inc., a Delaware corporation (the “Company”).  The address of the principal business and principal offices of the Company is 555 Turnpike Street, Canton, Massachusetts, 02021.
 
Item 4.  Purpose of Transaction

Item 4 is hereby amended and supplemented as follows:

On August 27, 2009, JMI executed an Amendment to Consulting Agreement with Casual Male Retail Group, Inc., dated as of May 17, 2009, which amends certain portions of the Consulting Agreement as previously amended.

Item 5.  Interest in Securities of the Issuer

Item 5(a) of the Schedule 13D is hereby amended and supplemented as follows:
 
As of September 4, 2009, the Reporting Persons included in this filing may be deemed to be the beneficial owners of 5,630,069 shares of Common Stock, representing an aggregate of approximately 13.37% of the outstanding shares of Common Stock based upon the 42,110,170 shares of Common Stock outstanding as of August 25, 2009 as reported by the Company in its Form 10-Q filed on August 25, 2009.  Such amount includes options to purchase an aggregate of 1,690,000 shares of Common Stock and warrants to purchase an aggregate of 80,000 shares of Common Stock, all of which are immediately exercisable and are directly beneficially owned by Mr. Holtzman.
 
As of September 4, 2009, Seymour Holtzman beneficially owns 5,630,069 shares of Common Stock, representing an aggregate of approximately 13.37% of the outstanding shares of Common Stock. Such amount includes options to purchase an aggregate of 1,690,000 shares of Common Stock and warrants to purchase an aggregate of 80,000 shares of Common Stock, all of which are immediately exercisable and are directly beneficially owned by Mr. Holtzman.
 
Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 is hereby amended and supplemented as follows:

On August 27, 2009, JMI executed an Amendment to Consulting Agreement with Casual Male Retail Group, Inc., dated as of May 17, 2009, which amends certain portions of the Consulting Agreement as previously amended.

See Item 7.

Item 7.  Material to be Filed as Exhibits.
 
Exhibit 1.  Amendment to Consulting Agreement dated as of May 17, 2009.
 

 
SIGNATURES
 
After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this Statement is true, complete and correct.
 
Dated:   September 4, 2009
 
     
    /s/ Seymour Holtzman 
    Seymour Holtzman
 
     
    /s/ Evelyn Holtzman
    Evelyn Holtzman
 

 
Exhibit 1