0000904853-11-000003.txt : 20110705
0000904853-11-000003.hdr.sgml : 20110704
20110705092718
ACCESSION NUMBER: 0000904853-11-000003
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110705
DATE AS OF CHANGE: 20110705
GROUP MEMBERS: AMSTER TRADING CO
GROUP MEMBERS: AMSTER TRADING CO CRUT
GROUP MEMBERS: HOWARD AMSTER
GROUP MEMBERS: SAMUEL J. HELLER IRREVOCABLE TRUST
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: AMSTER HOWARD
CENTRAL INDEX KEY: 0000904853
FILING VALUES:
FORM TYPE: SC 13D/A
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NOVASTAR FINANCIAL INC
CENTRAL INDEX KEY: 0001025953
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531]
IRS NUMBER: 742830661
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1211
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-52325
FILM NUMBER: 11947867
BUSINESS ADDRESS:
STREET 1: 8140 WARD PARKWAY
STREET 2: STE 300
CITY: KANSAS CITY
STATE: MO
ZIP: 64114
BUSINESS PHONE: 8162377000
MAIL ADDRESS:
STREET 1: 8140 WARD PARKWAY
STREET 2: STE 300
CITY: KANSAS CITY
STATE: MO
ZIP: 64114
SC 13D/A
1
novastar.txt
OMB Number 3235-0145
United States
Securities and Exchange Commission
Washington DC 20549
Schedule 13D/A Amendment 1
Under the Securities and Exchange Act of 1934
Novastar Financial, Inc.
Name of Issuer
8.90% Series C Cumulative Redeemable Preferred Stock
Title of Class of Securities
CUSIP Number 669947806
Howard Amster, 23811 Chagrin Blvd., Suite 200
Beachwood, Ohio 44122-5525, 216 595-1047
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
June 30, 2011
Date of Event which Requires Filing of this Statement
If this 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 240.13d-1(e) (f) or (g), check the
following box / /.
Note: Scheduled filed in paper format shall include a signed
original and five copies of the schedule including all exhibits.
See 240.13D-7 for other parties to who copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
persons initial filing on this form with respect to the subject 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 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).
1 Name of Reporting Person Howard Amster
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds PF
5 Check if Disclosure
6 Citizenship U.S.A.
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive
11 Aggregate Amount Beneficially owned 0
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0
14 Type of Reporting Person IN
1 Name of Reporting Person Amster Trading Company
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds WC
5 Check if Disclosure
6 Citizenship Ohio
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive
11 Aggregate Amount Beneficially owned 0
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0
14 Type of Reporting Person CO
1 Name of Reporting Person Amster Trading Company
Charitable Remainder Unitrust
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds AF
5 Check if Disclosure
6 Citizenship Ohio
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive
11 Aggregate Amount Beneficially owned 0
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0
14 Type of Reporting Person OO
1 Name of Reporting Person Samuel J Heller Irrevocable Trust
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds OO
5 Check if Disclosure
6 Citizenship Arizona
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive
11 Aggregate Amount Beneficially owned 0
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0
14 Type of Reporting Person OO
There are no changes to the Schedule 13D, as amended except
as set forth in this first amendment.
Item 5
This Member Group ceased to be
beneficial owners of more than 5 percent of
Novastar 8.90 Series C cumulative Redeemable Preferred
Stock as of June 30, 2011.
The Reporting Persons disposed of their entire 8.90 Series C
Redeemable Preferred shares in exchange for common stock
and cash in an Issuer Exchange Offer pursuant to
Prospectus dated May 3, 2011.
Signature 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.
Date: July 1, 2011
/s/
Howard Amster
/s/
Amster Trading Company
By: Howard Amster
Title: President
/s/
Amster Trading Company Charitable Remainder Unitrust
By: Howard Amster
Title: Trustee
/s/
Samuel J Heller Irrevocable Trust
By: Howard Amster
Title: Trustee