Filing Details
- Accession Number:
- 0000895345-22-000463
- Form Type:
- 13D Filing
- Publication Date:
- 2022-05-19 20:00:00
- Filed By:
- Blackrock Inc.
- Company:
- Eurodry Ltd.
- Filing Date:
- 2022-05-20
- 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 |
---|---|---|---|---|---|---|
BlackRock, Inc. (TIN | 149,184 | 149,184 | 149,184 | 5.1 % |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)
Under the Securities Exchange Act of 1934
(Amendment No. 6)
EuroDry Ltd.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
(Title of Class of Securities)
Y23508107
(CUSIP Number)
(CUSIP Number)
David Maryles
Managing Director, Legal & Compliance
BlackRock, Inc.
55 East 52nd Street
New York, NY 10055
(212) 810-5300
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
May 18, 2022
(Date of Event which Requires Filing of this Statement)
(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 Rule 13d-7 for other parties to whom copies are to be sent.
* 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. Y23508107 | Page 2 |
1 | NAMES OF REPORTING PERSONS | | | ||
BlackRock, Inc. (TIN: 23-0174431) | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☒ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
OO – Funds of investment advisory clients | | | |||
| | ||||
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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
149,184 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
None | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
149,184 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
None | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
149,184 | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
5.1% (1) | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
HC | | | |||
| |
(1) | Based on 2,919,191 shares of Common Stock outstanding as of March 31, 2022, as disclosed in the Form 6-K filed by the Issuer with the U. S. Securities and Exchange Commission on May 18, 2022. |
ITEM 1. | SECURITY AND ISSUER |
This Amendment No. 6 (this “Amendment No. 6”) to Schedule 13D amends the Schedule 13D filed by BlackRock, Inc. (“BlackRock”)
with the U.S. Securities and Exchange Commission (“SEC”) on August 3, 2018 (the “Initial BlackRock Statement”), as amended by BlackRock on June 18, 2019 (“Amendment No. 1”), June 19, 2019 (“Amendment No. 2”), February 2,
2021 (“Amendment No. 3”), February 3, 2021 (“Amendment No. 4”), and December 20, 2021 (“Amendment No. 5” and, together with the Initial BlackRock Statement and Amendment Nos. 1 through No. 6 thereto, the “BlackRock Schedule
13D”) regarding the common stock, par value $0.01 per share (“Common Stock”), of EuroDry Ltd. (the “Issuer”), a corporation organized under the laws of the Republic of the Marshall Islands. EuroDry Ltd.’s principal executive
offices are located at 4 Messogiou & Evropis Street, 151 24 Maroussi, Greece.
As stated in the Initial BlackRock Statement, that filing adopted as BlackRock’s initial statement of beneficial ownership on
Schedule 13D, in respect of the Issuer’s shares of Common Stock, the Schedule 13D in respect of the Issuer’s shares of Common Stock filed on behalf of Tennenbaum Capital Partners, LLC (“TCP”) with the SEC on June 11, 2018, as separately
amended by TCP on August 3, 2018 (the “TCP Schedule 13D”).
Except as specifically provided herein, this Amendment No. 6 does not modify any of the information previously reported on the
Initial BlackRock Statement, Amendment Nos. 1 through No. 5 thereto, or the TCP Schedule 13D. Capitalized terms used but not otherwise defined in this Amendment No. 6 shall have the meanings ascribed to them in the Initial BlackRock Statement,
Amendment Nos. 1 through No. 5 thereto, or the TCP Schedule 13D.
ITEM 2. | IDENTITY AND BACKGROUND |
Item 2 of the BlackRock Schedule 13D is hereby amended and restated as follows:
(a) – (c) and (f)
Current information concerning the identity, background and citizenship of each executive officer and director of BlackRock is set forth on Annex A, attached
hereto and incorporated herein by reference.
ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER |
Item 5 is hereby amended and restated as follows:
The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Amendment and the
information set forth or incorporated in Item 2 is incorporated by reference in its entirety into this Item 5.
(a) and (b)
After giving effect to the transactions described in Item 5(c) below, the Reporting Person may be deemed to beneficially own with the power to vote and dispose of 149,184 shares of
Common Stock, which represents 5.1% of the Common Stock outstanding. All percentages of Common Stock outstanding contained herein are based on 2,919,191 shares of Common Stock outstanding as of March 31, 2022, as disclosed in the Form 6-K filed by
the Issuer with the U. S. Securities and Exchange Commission on May 18, 2022.
(c) Schedule I hereto, which is incorporated by reference into this Item 5(c) as if restated in full herein, describes all of the transactions in shares of Common Stock beneficially
owned by the Reporting Person acquired or sold during the past sixty days.
(d) Except for investment advisory clients of TCP, who may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the
sale of, the shares of Common Stock reported herein, no other person is known by BlackRock to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any shares of Common Stock that may be
beneficially owned by BlackRock.
(e) Not applicable.
SCHEDULE I
Date | | | Number of Shares Sold(1) | | | Price Per Share($)(2) | | |||
| 5/10/2022 | | | | 10,000 | | | | $33.5131 | |
| 5/11/2022 | | | | 307 | | | | $35.0000 | |
| 5/12/2022 | | | | 9,693 | | | | $32.3132 | |
| 5/13/2022 | | | | 2,200 | | | | $34.021 | |
| 5/17/2022 | | | | 7,295 | | | | $35.0268 | |
| 5/18/2022 | | | | 1,320 | | | | $35.3088 | |
(1) The Amendment No. 5 to Schedule 13D filed by the Reporting Person on December 20, 2021 reflected beneficial ownership by the Reporting Person of 180,000
shares of the Issuer’s Common Stock. Due to a rounding issue, the number of shares of Common Stock reported in that filing was overstated by one share and should have reflected beneficial ownership of 179,999 shares.
(2) Excludes commissions and other execution-related costs.
SIGNATURE
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: May 20, 2022
| | BlackRock, Inc. | | |
| | | | |
| | By: | /s/ David Maryles | |
| | | Name: David Maryles | |
| | | Title: Managing Director, Legal & Compliance | |
Annex A
The following is a list of the executive officers and directors of BlackRock, Inc. (collectively, the
“Covered Persons”), setting forth the present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted and citizenship for each such person. Each
Covered Person is a citizen of the United States, unless otherwise noted, and does not have any other principal occupation (outside of similar positions held with respect to other entities directly or indirectly managed or advised by BlackRock).
Executive Officers
| ||||||
Name | | Principal Occupation or Employment | | Business Address | | Citizenship |
Laurence D. Fink | | Chairman and Chief Executive Officer | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Robert S. Kapito | | President | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Rachel Lord | | Senior Managing Director and Chair and Head of Asia Pacific | | BlackRock, Inc. 16/F Champion Tower 3 Garden Road Central, Hong Kong | | U.K. |
Robert L. Goldstein | | Senior Managing Director, Chief Operating Officer & Global Head of BlackRock Solutions | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
J. Richard Kushel | | Senior Managing Director and Head of the Portfolio Management Group | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Stephen Cohen | | Senior Managing Director and Head of Europe, Middle East and Africa | | BlackRock, Inc. Drapers Gardens 12 Throgmorton Avenue London EC2N 2DL United Kingdom | | U.K. |
Mark S. McCombe | | Senior Managing Director and Chief Client Officer | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.K. |
Christopher J. Meade | | Senior Managing Director, Chief Legal Officer and General Counsel | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Manish Mehta | | Senior Managing Director, Global Head of Human Resources | | BlackRock, Inc. 400 Howard Street San Francisco, CA 94105 | | U.S. |
Gary S. Shedlin | | Senior Managing Director and Chief Financial Officer | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Mark Wiedman | | Senior Managing Director, Head of International and of Corporate Strategy | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Directors
Name | | Principal Occupation or Employment | | Business Address | | Citizenship |
Bader M. Alsaad | | Arab Fund for Economic & Social Development - Chairman of the Board and Director General | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | Kuwait |
Pamela Daley | | General Electric Company - Former Senior Vice President of Corporate Business Development | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Laurence D. Fink | | BlackRock, Inc. - Chairman and Chief Executive Officer | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Beth E. Ford | Land O’Lakes, Inc. - Chief Executive Officer | Land O’Lakes, Inc. 4001 Lexington Ave. North Arden Hills, MN 55126 | U.S. | |||
William E. Ford | | General Atlantic – Chairman and Chief Executive Officer | | General Atlantic Park Avenue Plaza 55 East 52nd Street, 33rd Fl New York, NY 10055 | | U.S. |
Fabrizio Freda | | The Estée Lauder Companies Inc. - President and Chief Executive Officer | | Estée Lauder Companies 767 Fifth Avenue, 40th Fl New York, NY 10153 | | Italy & U.S. |
Murry S. Gerber | | EQT Corporation - Former Executive Chairman, Chairman, President and CEO | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Margaret L. Johnson | | Magic Leap, Inc. – Chief Executive Officer | | Magic Leap 7500 W. Sunrise Blvd Plantation, FL 33322 | | U.S. |
Robert S. Kapito | | BlackRock, Inc .- President | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Cheryl D. Mills | | BlackIvy Group LLC - Chief Executive Officer | | BlackIvy Group LLC 2300 N Street NW Suite 630 Washington DC 20037 | | U.S. |
Gordon M. Nixon | | Royal Bank of Canada - Former President, CEO and Board Member | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | Canada |
Kristin C. Peck | Zoetis Inc. - Chief Executive Officer | Zoetis Inc. 10 Sylvan Way Parsippany, NJ 07054 | U.S. | |||
Charles H. Robbins | | Cisco Systems, Inc. – Chairman and Chief Executive Officer | | Cisco Systems, Inc. 300 West Tasman Drive San Jose, CA 95134 | | U.S. |
Marco Antonio Slim Domit | | Grupo Financiero Inbursa, S.A.B. de C.V. - Chairman | | Grupo Financiero Inbursa Av. Paseo de las Palmas, #736 Floor 1 Colonia Lomas de Chapultepec C.P. 11000, México D.F. | | Mexico |
Hans E. Vestberg | Verizon Communications Inc. - Chief Executive Officer | Verizon Communications Inc. 1095 Avenue of the Americas New York, NY 10036 | Sweden | |||
Susan L. Wagner | | BlackRock, Inc. - Former Vice Chairman | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | U.S. |
Mark Wilson | | Abacai – Co-Chairman and Chief Executive Officer | | BlackRock, Inc. 55 East 52nd Street New York, NY 10055 | | New Zealand |