13F-HR 1 e606988_13fhr-steel.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2010 Check here if Amendment |_|; Amendment Number: _______ This Amendment (Check only one): |_| is a restatement. |_| adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Steel Partners II, L.P. Address: 590 Madison Avenue, 32nd Floor New York, New York 10022 Form 13F File Number: 28-10730 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Sanford Antignas Title: Chief Operating Officer of General Partner of Steel Partners II, L.P. Phone: 212-520-2300 Signature, Place, and Date of Signing: /s/ Sanford Antignas, New York, NY, May 17, 2010 -------------------- Report Type (Check only one): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 ---------------------------------- Form 13F Information Table Entry Total: 20 ---------------------------------- Form 13F Information Table Value Total: $248014 ---------------------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10766 Warren G. Lichtenstein --- -------------------- ----------------------
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------- -------------- --------- -------- ------------------ ---------- -------- ------------------- VOTING AUTHORITY VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------------- --------- -------- ------- --- ---- ---------- -------- ---- ------ ---- ADAPTEC INC COM 00651F108 76746 23469843 SH OTHER 1 0 23469843 0 ASCENT MEDIA CORP COM SER A 043632108 292 11582 SH OTHER 1 0 11582 0 CONSECO INC COM NEW 208464883 7912 1271951 SH OTHER 1 0 1271951 0 CONSECO INC COM NEW 208464883 20978 3372700 SH CALL OTHER 1 0 3372700 0 CONTINENTAL MATLS CORP COM PAR $0.25 211615307 2099 144762 SH OTHER 1 0 144762 0 GENCORP INC SDCV 2.250%11/1 368682AL4 14702 15500000 SH OTHER 1 0 15500000 0 GENCORP INC COM 368682100 23361 4055737 SH OTHER 1 0 4055737 0 HALLMARK FINL SVCS INC EC COM NEW 40624Q203 450 50000 SH OTHER 1 0 50000 0 HARBINGER GROUP INC COM 41146A106 1354 200000 SH OTHER 1 0 200000 0 HYPERCOM CORP COM 44913M105 1930 500000 SH OTHER 1 0 500000 0 MAGNETEK INC COM 559424106 29 17500 SH OTHER 1 0 17500 0 NATHANS FAMOUS INC NEW COM 632347100 6900 445456 SH OTHER 1 0 445456 0 PRESIDENTIAL LIFE CORP COM 740884101 2991 300000 SH OTHER 1 0 300000 0 REDDY ICE HLDGS INC COM 75734R105 924 200000 SH OTHER 1 0 200000 0 ROWAN COS INC COM 779382100 33186 1140017 SH OTHER 1 0 1140017 0 RUBIOS RESTAURANTS INC COM 78116B102 1027 130000 SH OTHER 1 0 130000 0 S L INDS INC COM 784413106 6369 703720 SH OTHER 1 0 703720 0 UNISYS CORP COM NEW 909214306 34912 1000636 SH OTHER 1 0 1000636 0 VECTOR GROUP LTD COM 92240M108 154 10000 SH OTHER 1 0 10000 0 WHX CORP COM PAR $.01 NEW 929248607 11698 4774591 SH OTHER 1 0 4774591 0