Filing Details

Accession Number:
0000921895-19-002197
Form Type:
13D Filing
Publication Date:
2019-08-13 16:16:20
Filed By:
Seidman Investment Partnership
Company:
Msb Financial Corp (NASDAQ:MSBF)
Filing Date:
2019-08-13
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Seidman and Associates 106,374 106,374 106,374 2.03%
Seidman Investment Partnership 81,639 81,639 81,639 1.56%
Seidman Investment Partnership II 119,915 119,915 119,915 2.29%
Seidman Investment Partnership III 24,880 24,880 24,880 0.48%
LSBK06-08 58,071 58,071 58,071 1.11%
Broad Park Investors 73,175 73,175 73,175 1.40%
Chewy Gooey Cookies 44,316 44,316 44,316 0.85%
CBPS 69,850 69,850 69,850 1.34%
Veteri Place Corporation 329,475 329,475 329,475 6.30%
JBRC I 24,880 24,880 24,880 0.48%
Lawrence B. Seidman 608,220 608,220 608,220 11.63%
Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 6)1

MSB Financial Corp.

(Name of Issuer)

Common Stock, $0.01 Par Value

(Title of Class of Securities)

55352L101

(CUSIP Number)

LAWRENCE B. SEIDMAN

100 Lanidex Plaza, 1st Floor

Parsippany, New Jersey 07054

(973) 952-0405

 

STEVE WOLOSKY, ESQ.

OLSHAN FROME WOLOSKY LLP

1325 Avenue of the Americas

New York, New York 10019

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

August 9, 2019

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.

Note:  Schedules 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 whom copies are to be sent.

 

 

 

1              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).

 
  1   NAME OF REPORTING PERSON  
         
        Seidman and Associates, L.L.C.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         106,374  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          106,374  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        106,374  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        2.03%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

2
  1   NAME OF REPORTING PERSON  
         
        Seidman Investment Partnership, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         81,639  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          81,639  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        81,639  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        1.56%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

3

 

  1   NAME OF REPORTING PERSON  
         
        Seidman Investment Partnership II, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         119,915  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          119,915  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        119,915  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        2.29%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

4

 

  1   NAME OF REPORTING PERSON  
         
        Seidman Investment Partnership III, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        Delaware  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         24,880  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          24,880  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        24,880  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        0.48%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

5

 

  1   NAME OF REPORTING PERSON  
         
        LSBK06-08, L.L.C.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        Florida  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         58,071  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          58,071  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        58,071  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        1.11%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

6

 

  1   NAME OF REPORTING PERSON  
         
        Broad Park Investors, L.L.C.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         73,175  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          73,175  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        73,175  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        1.40%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

7

 

  1   NAME OF REPORTING PERSON  
         
        Chewy Gooey Cookies, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        Delaware  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         44,316  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          44,316  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        44,316  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        0.85%  
  14   TYPE OF REPORTING PERSON  
         
        PN  

  

8

 

  1   NAME OF REPORTING PERSON  
         
        CBPS, LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        WC  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New York  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         69,850  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          69,850  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        69,850  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        1.34%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

9

 

  1   NAME OF REPORTING PERSON  
         
        Veteri Place Corporation  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         329,475  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          329,475  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        329,475  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        6.30%  
  14   TYPE OF REPORTING PERSON  
         
        CO  

  

10

 

  1   NAME OF REPORTING PERSON  
         
        JBRC I, LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        New Jersey  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         24,880  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          24,880  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        24,880  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        0.48%  
  14   TYPE OF REPORTING PERSON  
         
        OO  

  

11

 

  1   NAME OF REPORTING PERSON  
         
        Lawrence B. Seidman  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒
        (b) ☐
           
  3   SEC USE ONLY    
           
           
  4   SOURCE OF FUNDS  
         
        OO  
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)     ☐
       
           
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   7   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         608,220  
OWNED BY   8   SHARED VOTING POWER  
EACH          
REPORTING         - 0 -  
PERSON WITH   9   SOLE DISPOSITIVE POWER  
         
          608,220  
    10   SHARED DISPOSITIVE POWER  
           
          - 0 -  
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        608,220  
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES     ☐
       
           
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
         
        11.63%  
  14   TYPE OF REPORTING PERSON  
         
        IN  

  

12

The following constitutes Amendment No. 6 to the Schedule 13D filed by the undersigned (“Amendment No. 6”). This Amendment No. 6 amends the Schedule 13D as specifically set forth.

Item 3.Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated to read as follows:

The Shares purchased by the Reporting Persons were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases (unless otherwise noted). The aggregate purchase cost of the 608,220 Shares beneficially owned in the aggregate by the Reporting Persons is approximately $7,870,171, including brokerage commissions.

Item 5.Interest in Securities of the Issuer.

Item 5 is hereby amended and restated to read as follows:

The aggregate percentage of Shares reported owned by each Reporting Person is based upon 5,229,916 Shares outstanding, which is the total number of Shares outstanding as of August 9, 2019 as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 9, 2019.

A.SAL
(a)As of the close of business on August 13, 2019, SAL beneficially owned 106,374 Shares.

Percentage: Approximately 2.03%.

(b)1. Sole power to vote or direct the vote: 106,374
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 106,374
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by SAL during the past 60 days.
B.SIP
(a)As of the close of business on August 13, 2019, SIP beneficially owned 81,639 Shares.

Percentage: Approximately 1.56%.

(b)1. Sole power to vote or direct the vote: 81,639
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 81,639
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by SIP during the past 60 days.
13
C.SIPII
(a)As of the close of business on August 13, 2019, SIPII beneficially owned 119,915 Shares.

Percentage: Approximately 2.29%.

(b)1. Sole power to vote or direct the vote: 119,915
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 119,915
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by SIPII during the past 60 days.
D.SIPIII
(a)As of the close of business on August 13, 2019, SIPIII beneficially owned 24,880 Shares.

Percentage: Approximately 0.48%.

(b)1. Sole power to vote or direct the vote: 24,880
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 24,880
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by SIPIII during the past 60 days.
E.LSBK
(a)As of the close of business on August 13, 2019, LSBK beneficially owned 58,071 Shares.

Percentage: Approximately 1.11%.

(b)1. Sole power to vote or direct the vote: 58,071
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 58,071
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by LSBK during the past 60 days.
F.Broad Park
(a)As of the close of business on August 13, 2019, Broad Park beneficially owned 73,175 Shares.

Percentage: Approximately 1.40%.

(b)1. Sole power to vote or direct the vote: 73,175
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 73,175
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by Broad Park during the past 60 days.
G.Chewy
(a)As of the close of business on August 13, 2019, Chewy beneficially owned 44,316 Shares.

Percentage: Approximately 0.85%.

14
(b)1. Sole power to vote or direct the vote: 44,316
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 44,316
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by Chewy during the past 60 days.
H.CBPS
(a)As of the close of business on August 13, 2019, CBPS beneficially owned 69,850 Shares.

Percentage: Approximately 1.34%.

(b)1. Sole power to vote or direct the vote: 69,850
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 69,850
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares by CBPS during the past 60 days.
I.Veteri
(a)Veteri, (i) as the general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 81,639 Shares owned by SIP and the 119,915 Shares owned by SIPII, and (ii) as the trading advisor of LSBK and CBPS, may be deemed the beneficial owner of the 58,071 Shares owned by LSBK and the 69,850 Shares owned by CBPS. Accordingly, Veteri may be deemed the beneficial owner of an aggregate of 329,475 Shares.

Percentage: Approximately 6.30%.

(b)1. Sole power to vote or direct the vote: 329,475
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 329,475
4. Shared power to dispose or direct the disposition: 0
(c)Veteri has not entered into any transactions in the Shares during the past 60 days. There have not been any transactions in the Shares by SIP, SIPII, LSBK and CBPS in the past 60 days.
J.JBRC
(a)JBRC, as the co-general partner of SIPIII, may be deemed the beneficial owner of the 24,880 Shares owned by SIPIII.

Percentage: Approximately 0.48%.

(b)1. Sole power to vote or direct the vote: 24,880
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 24,880
4. Shared power to dispose or direct the disposition: 0
(c)JBRC has not entered into any transactions in the Shares during the past 60 days.  There have not been any transactions in the Shares by SIPIII in the past 60 days.
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K.Seidman
(a)Seidman directly owns 30,000 Shares. In addition, Seidman, (i) as the manager of SAL, may be deemed the beneficial owner of the 106,374 Shares owned by SAL, (ii) as the sole officer of Veteri, the general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 81,639 Shares owned by SIP and the 119,915 Shares owned by SIPII, (iii) as the managing member of JBRC I, LLC, the co-general partner of SIPIII, may be deemed the beneficial owner of the 24,880 Shares owned by SIPIII, (iv) as the sole officer of Veteri, the trading advisor of LSBK and CBPS, may be deemed the beneficial owner of the 58,071 Shares owned by LSBK and the 69,850 Shares owned by CBPS, and (v) as the investment manager for each of Broad Park and Chewy, may be deemed the beneficial owner of the 73,175 Shares owned by Broad Park and the 44,316 Shares owned by Chewy. Accordingly, Seidman may be deemed the beneficial owner of an aggregate of 608,220 Shares. In the foregoing capacities, Seidman has sole and exclusive investment discretion and voting authority with respect to all such Shares.

Percentage: Approximately 11.63%.

(b)1. Sole power to vote or direct the vote: 608,220
2. Shared power to vote or direct the vote: 0
3. Sole power to dispose or direct the disposition: 608,220
4. Shared power to dispose or direct the disposition: 0
(c)There have not been any transactions in the Shares during the past 60 days on behalf of Seidman, SAL, SIP, SIPII, SIPIII, LSBK, CBPS, Broad Park and Chewy.

An aggregate of 608,220 Shares, constituting approximately 11.63% of the Shares outstanding, are reported by the Reporting Persons in this statement.

Each of the Reporting Persons, as a member of a “group” with the other Reporting Persons for purposes of Rule 13d-5(b)(1) of the Exchange Act, may be deemed to beneficially own the Shares owned by the other Reporting Persons. The filing of this Schedule 13D shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 13(d) of the Exchange Act, the beneficial owner of any Shares he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that he or it does not directly own.

To the best of the Reporting Persons’ knowledge, except as set forth in this Schedule 13D, none of the persons listed on Schedule A to the Schedule 13D beneficially owns any securities of the Issuer.

(d)       No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.

(e)       Not applicable.

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SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: August 13, 2019 SEIDMAN AND ASSOCIATES, L.L.C.
   
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: Manager

 

 

  SEIDMAN INVESTMENT PARTNERSHIP, L.P.
   
  By:

Veteri Place Corporation,

its General Partner

     
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: President

 

 

  SEIDMAN INVESTMENT PARTNERSHIP II, L.P.
   
  By:

Veteri Place Corporation,

its General Partner

     
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: President

 

 

  SEIDMAN INVESTMENT PARTNERSHIP III, L.P.
   
  By:

JBRC I, LLC,

its Co-General Partner

     
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: Managing Member

 

  LSBK06-08, L.L.C.
   
  By:

Veteri Place Corporation,

its Trading Advisor

     
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: President

 

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  BROAD PARK INVESTORS, L.L.C.
   
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: Investment Manager

 

 

  CHEWY GOOEY COOKIES, L.P.
   
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: Investment Manager

 

 

  CBPS, LLC
   
  By:

Veteri Place Corporation,

its Trading Advisor

     
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: President

 

 

  VETERI PLACE CORPORATION
   
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: President

 

 

  JBRC I, LLC
   
  By:

/s/ Lawrence B. Seidman

    Name: Lawrence B. Seidman
    Title: Managing Member

 

 

 

/s/ Lawrence B. Seidman

  LAWRENCE B. SEIDMAN

 

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