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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Kona Grill, Inc.
| (Name of Issuer) |
Common Stock, par value $0.01 per share
| (Title of Class of Securities) |
50047H201
| (CUSIP Number) |
Mill Road Capital, L.P.
Attn: Thomas E. Lynch
Two Sound View Drive
Suite 300
Greenwich, CT 06830
203-987-3501
With a copy to:
Peter M. Rosenblum, Esq.
Foley Hoag LLP
155 Seaport Blvd.
Boston, MA 02210
617-832-1151
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
January 1, 2009
| (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 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. 50047H201 | 13D | Page 2 of 9 Pages |
| 1. | Names of Reporting Persons.
Thomas E. Lynch |
|||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
|||
| 3. | SEC Use Only
|
|||
| 4. | Source of Funds (See Instructions)
OO |
|||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨ | ||
| 6. | Citizenship or Place of Organization
USA |
| Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power
| |
| 8. Shared Voting Power
648,171 | ||
| 9. Sole Dispositive Power
| ||
| 10. Shared Dispositive Power
648,171 |
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person
648,171 |
|||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
¨ | ||
| 13. | Percent of Class Represented by Amount in Row (11)
10.0% |
|||
| 14. | Type of Reporting Person (See Instructions)
IN; HC |
| CUSIP No. 50047H201 | 13D | Page 3 of 9 Pages |
| 1. | Names of Reporting Persons.
Charles M. B. Goldman |
|||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
|||
| 3. | SEC Use Only
|
|||
| 4. | Source of Funds (See Instructions)
OO |
|||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨ | ||
| 6. | Citizenship or Place of Organization
USA |
| Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power
| |
| 8. Shared Voting Power
648,171 | ||
| 9. Sole Dispositive Power
| ||
| 10. Shared Dispositive Power
648,171 |
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person
648,171 |
|||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
¨ | ||
| 13. | Percent of Class Represented by Amount in Row (11)
10.0% |
|||
| 14. | Type of Reporting Person (See Instructions)
IN; HC |
| CUSIP No. 50047H201 | 13D | Page 4 of 9 Pages |
| 1. | Names of Reporting Persons.
Scott P. Scharfman |
|||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
|||
| 3. | SEC Use Only
|
|||
| 4. | Source of Funds (See Instructions)
OO |
|||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨ | ||
| 6. | Citizenship or Place of Organization
USA |
| Number of Shares Beneficially Owned by Each Reporting Person With |
7. Sole Voting Power
| |
| 8. Shared Voting Power
648,171 | ||
| 9. Sole Dispositive Power
| ||
| 10. Shared Dispositive Power
648,171 |
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person
648,171 |
|||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
¨ | ||
| 13. | Percent of Class Represented by Amount in Row (11)
10.0% |
|||
| 14. | Type of Reporting Person (See Instructions)
IN; HC |
| CUSIP No. 50047H201 | 13D | Page 5 of 9 Pages |
| 1. | Names of Reporting Persons
Mill Road Capital GP LLC |
|||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
|||
| 3. | SEC Use Only
|
|||
| 4. | Source of Funds (See Instructions)
OO |
|||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 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
648,171 | |
| 8. Shared Voting Power
| ||
| 9. Sole Dispositive Power
648,171 | ||
| 10. Shared Dispositive Power
|
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person
648,171 |
|||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
¨ | ||
| 13. | Percent of Class Represented by Amount in Row (11)
10.0% |
|||
| 14. | Type of Reporting Person (See Instructions)
OO; HC |
| CUSIP No. 50047H201 | 13D | Page 6 of 9 Pages |
| 1. | Names of Reporting Persons.
Mill Road Capital, L.P. |
|||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
|||
| 3. | SEC Use Only
|
|||
| 4. | Source of Funds (See Instructions)
WC |
|||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 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
648,171 | |
| 8. Shared Voting Power
| ||
| 9. Sole Dispositive Power
648,171 | ||
| 10. Shared Dispositive Power
|
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person
648,171 |
|||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
¨ | ||
| 13. | Percent of Class Represented by Amount in Row (11)
10.0% |
|||
| 14. | Type of Reporting Person (See Instructions)
PN |
| CUSIP No. 50047H201 | Page 7 of 9 Pages |
This Amendment No. 3 (this “Amendment”) to the joint statement on Schedule 13D with respect to the common stock, par value $0.01 per share, of Kona Grill, Inc., a Delaware corporation, filed by the undersigned on June 26, 2008 (the “Initial Filing”), as amended by Amendment No. 1 on Schedule 13D filed by the undersigned on November 14, 2008 with respect to the Initial Filing, and as amended by Amendment No. 2 on Schedule 13D filed by the undersigned on December 30, 2008 with respect to the Initial Filing (the “Schedule 13D”), amends the Schedule 13D as follows:
1. Item 4 of the Schedule 13D shall hereby be amended by adding the following sentence to the end of the second paragraph:
“On January 1, 2009, the Fund transmitted a letter to the Issuer, attached hereto as Exhibit 8, concerning a proposal to purchase capital stock of the Issuer.”
2. Item 5(a) of the Schedule 13D shall hereby be amended and restated in full as follows:
“(a) In the aggregate, the Reporting Persons beneficially own, as of January 1, 2009, 648,171 shares of the Common Stock, representing approximately 10.0% of such class of securities. The Fund, the GP, as the sole general partner of the Fund, and each Manager, as a management committee director of the GP, each beneficially owns, as of January 1, 2009, 648,171 shares of the Common Stock, representing approximately 10.0% of such class of securities. These percentages of beneficial ownership are based on a total of 6,501,870 shares of the Common Stock outstanding as of October 31, 2008, as reported in the most recent quarterly report of the Issuer on Form 10-Q for the fiscal quarter ended September 30, 2008.”
3. The first clause of Item 5(c) of the Schedule 13D shall hereby be amended and restated in full as follows:
“No Reporting Person, other than the Fund as set forth in the table below, effected any transaction in shares of the Common Stock from April 17, 2008 (the date 60 days prior to the event which required the initial filing of this statement) to January 1, 2009:”
4. Item 7 of the Schedule 13D shall hereby be amended by adding an Exhibit 8 as follows:
“Exhibit 8 Letter from Mill Road Capital, L.P. to Kona Grill, Inc. dated January 1, 2009.”
5. Except as expressly modified hereby, all provisions of the Schedule 13D shall continue in full force and effect.
[signature page follows]
| CUSIP No. 50047H201 | Page 8 of 9 Pages |
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: January 2, 2009 | ||
| MILL ROAD CAPITAL, L.P. | ||
| By: | Mill Road Capital GP LLC, | |
| its General Partner | ||
| By: | /s/ Charles M. B. Goldman | |
| Charles M. B. Goldman | ||
| Management Committee Director | ||
| MILL ROAD CAPITAL GP LLC | ||
| By: | /s/ Charles M. B. Goldman | |
| Charles M. B. Goldman | ||
| Management Committee Director | ||
| CUSIP No. 50047H201 | Page 9 of 9 Pages |
| THOMAS E. LYNCH | ||
| By: | /s/ Charles M. B. Goldman | |
| Charles M. B. Goldman, attorney-in-fact | ||
| CHARLES M. B. GOLDMAN | ||
| /s/ Charles M. B. Goldman | ||
| Charles M. B. Goldman | ||
| SCOTT P. SCHARFMAN | ||
| By: | /s/ Charles M. B. Goldman | |
| Charles M. B. Goldman, attorney-in-fact | ||