SC 13D 1 b409883_sch13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 4 TO SCHEDULE 13D FILED JANUARY 18, 1996 BY RICHARD LIU Under the Securities Exchange Act of 1934 TANDY BRANDS ACCESSORIES, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK PAR VALUE $1 PER SHARE -------------------------------------------------------------------------------- (Title of Class of Securities) 875378101000 -------------------------------------------------------------------------------- (CUSIP Number) Lawrence Greenapple, Esq., 630 Third Avenue, New York, New York 10017, (212) 953-6633 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 8, 2005 ------------------------------------------------------------------------------ (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 this statement [ ]. CUSIP No. 875378101000 ------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Richard Liu, c/o Superior Leather, Ltd., Unit 510 Tower 2, Enterprise Square, 9 Sheung Yuet Rd., Kowloon Bay, Kowloon, Hong Kong -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) -------------------------------------------------------------------------------- 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) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Taiwan -------------------------------------------------------------------------------- NUMBER OF | 7 | SOLE VOTING POWER 280,000 SHARES | | BENEFICIALLY | | OWNED BY | 8 | SHARED VOTING POWER EACH | | REPORTING | 9 | SOLE DISPOSITIVE POWER 280,000 PERSON WITH | | | | | 10 | SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 280,000 -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.19% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) IN -------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER This statement relates to the common stock Par Value $1 of Tandy Brands Accessories, Inc. whose principal executive office is at 690 East Lamar Blvd., Ste. 200, Arlington, Texas 76011. ITEM 2. IDENTITY AND BACKGROUND The person filing this statement is a natural person (a) Richard Liu (b) c/o Superior Leather Ltd. Unit 510 Tower 2 Enterprise Square 9 Sheung Yuet Road Kowloon, Hong Kong (c) President of Superior Leather Ltd. at address in Item 2(b) (d) Not convicted in any criminal proceeding during the past five years (e) Not during the past five years party to a proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to judgment or decree of 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 The subject shares were purchased and sold in transactions through November 8, 2005 with personal funds of Richard Liu none of which were borrowed. Prior transactions were reported in a Schedule 13D filed March 1, 2000. Subsequent transactions, prior to November 8, 2005, were not required to be the subject of an amended Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION The securities of the issuer were acquired as a portfolio investment. There are no present plans which relate to or would result in any of the events described in subparagraphs a through j of Item 4. ITEM 5. INTEREST IN SECURITIES OF THE OWNER (a)(i) The aggregate number of shares of common stock of the Issuer beneficially owned by Richard Liu at November 8, 2005 is 280,000. (ii) The issuer has reported in its Form 10Q as of September 30, 2005 6,683,000 shares of common stock outstanding. Mr. Liu purchased 40,000 shares of common stock of the issuer and sold 105,000 such shares in open market transactions through registered broker dealers between September 16, 2005 and November 8, 2005, reducing the amount of shares held for his account to 280,000. (b) Richard Liu has the sole power to vote the 280,000 shares of common stock held for his account. (c) Between September 16, 2005 and November 8, 2005 purchased and (sold)shares of common stock of the issuer in transactions effected through broker-dealers on the Nasdaq National Market System as follows: No. of shares Trade Date Purchased(Sold) Aggregate Price Sep 16, 2005 (24,700) $297,699 Sep 19, 2005 (35,300) $425,456 Sep 23, 2005 31,500 $355,055 Sep 26, 2005 3,500 $ 39,392 Sep 27, 2005 1,500 $ 16,814 Sep 29, 2005 1,500 $ 16,757 Sep 30, 2005 2,000 $ 23,000 Oct 3, 2005 (15,000) $179,354 Oct 6, 2005 ( 2,400) $ 28,697 Oct 7, 2005 ( 225) $ 2,690 Oct 10, 2005 ( 500) $ 5,978 Oct 14, 2005 ( 500) $ 5,978 Oct 17, 2005 ( 18) $ 215 Oct 28, 2005 ( 7,143) $ 85,408 Nov 8, 2005 (19,214) $229,740 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER There are no contracts, arrangements, understandings or relationships (legal or otherwise) among Mr. Liu and any other person with respect to any securities of the issuer. The securities of the issuer are held of record by Copwell Holdings, Ltd., an entity of which Mr. Liu is the sole principal. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS There is no material required to be filed as an exhibit. 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: Kowloon, Hong November 17, 2005 /s/Richard Liu ----------- RICHARD LIU