0001193125-22-097538.txt : 20220406 0001193125-22-097538.hdr.sgml : 20220406 20220406163052 ACCESSION NUMBER: 0001193125-22-097538 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220406 DATE AS OF CHANGE: 20220406 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SERVOTRONICS INC /DE/ CENTRAL INDEX KEY: 0000089140 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 160837866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32675 FILM NUMBER: 22810936 BUSINESS ADDRESS: STREET 1: 1110 MAPLE ST CITY: ELMA STATE: NY ZIP: 14059 BUSINESS PHONE: 7166335990 MAIL ADDRESS: STREET 1: P O BOX 300 CITY: ELMA STATE: NY ZIP: 14059-0300 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAIRD BRENT D CENTRAL INDEX KEY: 0001082769 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 1350 ONE M&T PLAZA CITY: BUFFALO STATE: NY ZIP: 14203-2396 SC 13D/A 1 d351028dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

SERVOTRONICS, INC.

(Name of Issuer)

Common Stock, Par Value $0.20 per Share

(Title and Class of Securities)

817732100

(CUSIP Number)

Brent D. Baird

25 Melbourne Place

Buffalo, New York 14222

Tel. 716-830-6322

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

April 4, 2022

(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  ☐.

 

*

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. 817732100    SCHEDULE 13D    Page 2 of 5

 

  1.    

  Names of Reporting Person:

 

  Brent D. Baird

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only:

 

  4.  

  Source of Funds:

 

  PF

  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

       7.     

  Sole Voting Power:

 

  239,000 shares of common stock

     8.   

  Shared Voting Power:

 

  -0-

     9.   

  Sole Dispositive Power:

 

  239,000 shares of common stock

   10.   

  Shared Dispositive Power:

 

  -0-

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person:

 

  239,000 shares of common stock

12.  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11):

 

  Common Shares – 9.6%

14.  

  Type of Reporting Person:

 

  IN

CUSIP No. 817732100    SCHEDULE 13D    Page 3 of 5

 

This Amendment No. 4 (“Amendment No. 4”) to Schedule 13D supplements and amends the Schedule 13D filed on September 30, 2021, as amended by Amendment No. 1 to Schedule 13D filed on December 20, 2021, Amendment No. 2 to Schedule 13D filed on January 4, 2022 and Amendment No. 3 to Schedule 13D filed on February 17, 2022 (collectively the “Prior Schedule 13D Filings”). Information reported in the Prior Schedule 13D Filings remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment No. 4. Unless otherwise indicated, capitalized terms used but not otherwise defined herein shall have the meaning assigned to such terms in the Prior Schedule 13D Filings. Responses to each item of this Amendment No. 4 are incorporated by reference into the response to each other item, as applicable.

 

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Prior Schedule 13D Filings is hereby replaced in its entirety as follows:

All of the shares of Common Stock owned by the Reporting Person were purchased by the Reporting Person with his personal funds. The total consideration paid for the 239,000 shares of Common Stock purchased by the Reporting Person was $2,775,138.

 

Item 5.

Interest in Securities of the Issuer.

Item 5(a), (b) and (c) of the Prior Schedule 13D Filings are hereby replaced in their entirety as follows:

(a) and (b) Reporting Person owns beneficially, and has the sole power to vote and dispose of, 239,000 shares of Common Stock or approximately 9.6% of the outstanding shares of Common Stock of the Company, based on 2,491,667 shares of Common Stock outstanding as of February 22, 2022, as set forth in the Company’s Annual Report on Form 10-K for the Fiscal Year ended December 31, 2021.

(c) The transactions in shares of Common Stock by Reporting Person since the date of the filing of Amendment No. 3 to the Schedule 13D were as follows:

 

Nature and Date of Transaction

    Number of Shares of
Common Stock Purchased		      Price Per
Share ($)		  

Open Market Purchase – 2/23/22

      1,000      $ 14.371  

Open Market Purchase – 2/23/22

      1,000      $ 14.461  

Open Market Purchase – 2/23/22

      1,000      $ 14.205  

Open Market Purchase – 2/23/22

      1,000      $ 14.13  

Open Market Purchase – 2/23/22

      1,000      $ 14.13  

Open Market Purchase – 2/23/22

      1,000      $ 14.238  

Open Market Purchase – 2/23/22

      1,000      $ 14.208  

Open Market Purchase – 2/23/22

      1,000      $ 14.213  

Open Market Purchase – 2/23/22

      1,000      $ 14.25  

Open Market Purchase – 2/23/22

      1,000      $ 14.225  

Open Market Purchase – 2/23/22

      1,000      $ 14.241  

Open Market Purchase – 2/28/22

      1,000      $ 13.896  

Open Market Purchase – 3/2/22

      1,000      $ 14.168  

CUSIP No. 817732100    SCHEDULE 13D    Page 4 of 5

 

Nature and Date of Transaction

    Number of Shares of
Common Stock Purchased		      Price Per
Share ($)		  

Open Market Purchase – 3/2/22

      1,000      $ 14.099  

Open Market Purchase – 3/2/22

      1,000      $ 14.086  

Open Market Purchase – 3/2/22

      1,000      $ 14.248  

Open Market Purchase – 3/2/22

      1,000      $ 14.278  

Open Market Purchase – 3/7/22

      1,000      $ 14.243  

Open Market Purchase – 3/9/22

      1,000      $ 14.431  

Open Market Purchase – 3/11/22

      1,000      $ 14.384  

Open Market Purchase – 3/14/22

      1,000      $ 14.369  

Open Market Purchase – 3/16/22

      1,000      $ 14.55  

Open Market Purchase – 3/17/22

      1,000      $ 14.50  

Open Market Purchase – 3/17/22

      1,000      $ 14.494  

Open Market Purchase – 4/4/22

      1,000      $ 14.380  

SIGNATURES

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.

Date: April 6, 2022

 

/s/ Brent D. Baird

Brent D. Baird