-----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, K2n94G+eD7sBXQ4YssSrsLWu3Qip2KTQQ4v3MQZs1GTdrDv8geG5jB5SfJJpT/hN d76WBUqSheSqRoFkweb4Pw== 0000899140-08-000997.txt : 20080421 0000899140-08-000997.hdr.sgml : 20080421 20080421163930 ACCESSION NUMBER: 0000899140-08-000997 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080417 FILED AS OF DATE: 20080421 DATE AS OF CHANGE: 20080421 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shubin Stein Kenneth H CENTRAL INDEX KEY: 0001345051 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-04408 FILM NUMBER: 08767314 BUSINESS ADDRESS: BUSINESS PHONE: 212-586-4198 MAIL ADDRESS: STREET 1: 1995 BROADWAY STREET 2: SUITE 1801 CITY: NEW YORK STATE: NY ZIP: 10023 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RESOURCE AMERICA INC CENTRAL INDEX KEY: 0000083402 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 720654145 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: ONE CRESCENT DRIVE, SUITE 203 STREET 2: NAVY YARD CORPORATE CENTER CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 215-546-5005 MAIL ADDRESS: STREET 1: ONE CRESCENT DRIVE, SUITE 203 STREET 2: NAVY YARD CORPORATE CENTER CITY: PHILADELPHIA STATE: PA ZIP: 19112 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE AMERICA LLC DATE OF NAME CHANGE: 20060928 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE AMERICA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE EXPLORATION INC DATE OF NAME CHANGE: 19890214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Spencer Capital Management, LLC CENTRAL INDEX KEY: 0001311910 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-04408 FILM NUMBER: 08767315 BUSINESS ADDRESS: STREET 1: 200 W. 57TH STREET, SUITE 602 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-586-4198 MAIL ADDRESS: STREET 1: 200 W. 57TH STREET, SUITE 602 CITY: NEW YORK STATE: NY ZIP: 10019 4 1 spencer_rexi4-042108ex.xml X0202 4 2008-04-17 0 0000083402 RESOURCE AMERICA INC REXI 0001311910 Spencer Capital Management, LLC 1995 BROADWAY, SUITE 1801 NEW YORK NY 10023 0 0 1 0 0001345051 Shubin Stein Kenneth H 1995 BROADWAY, SUITE 1801 NEW YORK NY 10023 0 0 1 0 Common Stock 2008-04-17 4 S 0 884 9.5 D 1860632 I See Footnotes Common Stock 2008-04-17 4 S 0 500 9.52 D 1860132 I See Footnotes Common Stock 2008-04-17 4 S 0 755 9.53 D 1859377 I See Footnotes Common Stock 2008-04-17 4 S 0 100 9.58 D 1859277 I See Footnotes Common Stock 2008-04-17 4 S 0 100 9.6 D 1859177 I See Footnotes Common Stock 2008-04-18 4 S 0 2953 9.63 D 1856224 I See Footnotes Common Stock 2008-04-18 4 S 0 2300 9.64 D 1853924 I See Footnotes Common Stock 2008-04-18 4 S 0 738 9.65 D 1853186 I See Footnotes Common Stock 2008-04-18 4 S 0 9322 9.66 D 1843864 I See Footnotes Common Stock 2008-04-18 4 S 0 1200 9.68 D 1842664 I See Footnotes Common Stock 2008-04-18 4 S 0 3109 9.69 D 1839555 I See Footnotes Common Stock 2008-04-18 4 S 0 8699 9.7 D 1830856 I See Footnotes Common Stock 2008-04-18 4 S 0 432 9.71 D 1830424 I See Footnotes Common Stock 2008-04-18 4 S 0 11552 9.72 D 1818872 I See Footnotes Common Stock 2008-04-18 4 S 0 9969 9.73 D 1808903 I See Footnotes Common Stock 2008-04-18 4 S 0 1100 9.74 D 1807803 I See Footnotes Common Stock 2008-04-18 4 S 0 400 9.75 D 1807403 I See Footnotes This Form 4 is filed on behalf of Kenneth H. Shubin Stein, MD, CFA, an individual ("Dr. Shubin Stein"), and Spencer Capital Management, LLC, a Delaware limited liability company ("SCM", and together with Dr. Shubin Stein, the "Reporting Persons"). SCM is an investment management firm and is the investment manager of certain investment funds. Dr. Shubin Stein is the controlling person of SCM and certain investment funds and a portfolio manager of certain investment funds. As of the date of this filing, funds and accounts managed by SCM owned 1,807,403 shares of Common Stock. By reason of the provisions of Rule 16a-1 of the Exchange Act and the relationship of the Reporting Persons with each other, Dr. Shubin Stein and SCM may be deemed to be the beneficial owners of an indeterminate portion of the 1,807,403 shares of Common Stock for purposes of Section 16 of the Exchange Act. Each of the Reporting Persons disclaims beneficial ownership of all shares of the Common Stock, except to the extent of any direct or indirect pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person is a beneficial owner of the shares of Common Stock reported as beneficially owned herein for purposes of Section 16 of the Exchange Act or for any other purpose. Exhibit List Exhibit 99.1 - Joint Filer Information /s/ Kenneth H. Shubin Stein, MD, CFA, Authorized Signatory for Spencer Capital Management, LLC 2008-04-21 /s/ Kenneth H. Shubin Stein, MD, CFA 2008-04-21 EX-99 2 s4230199.txt EXHIBIT 99.1 JOINT FILER INFORMATION Exhibit 99.1 Attachment to Form 4 JOINT FILER INFORMATION Name and Address: Kenneth H. Shubin Stein, MD, CFA 1995 Broadway, Suite 1801 New York, NY 10023 Date(s) of Event Requiring Statement: 04/17/08 04/18/08 Issuer and Ticker Symbol: Resource America, Inc. (REXI) Relationship to Issuer: 10% Owner Designated Filer: Spencer Capital Management, LLC TABLE I INFORMATION Title of Security: Common Stock Transaction Date: 04/17/08 Transaction Code: S Amount of Securities and Price: 884 at $9.50 per share 500 at $9.52 per share 755 at $9.53 per share 100 at $9.58 per share 100 at $9.60 per share Transaction Date: 04/18/08 Transaction Code: S Amount of Securities and Price: 2,953 at $9.63 per share 2,300 at $9.64 per share 738 at $9.65 per share 9,322 at $9.66 per share 1,200 at $9.68 per share 3,109 at $9.69 per share 8,699 at $9.70 per share 432 at $9.71 per share 11,552 at $9.72 per share 9,969 at $9.73 per share 1,100 at $9.74 per share 400 at $9.75 per share Securities Acquired (A) or Disposed of (D): D Amount of Securities Beneficially Owned Following Reported Transactions: 1,807,403 Ownership Form: I Nature of Indirect Beneficial Ownership: (1)(2) -----END PRIVACY-ENHANCED MESSAGE-----