0000919574-08-010524.txt : 20081224
<sec-header>0000919574-08-010524.hdr.sgml : 20081224
<acceptance-datetime>20081224140540
ACCESSION NUMBER: 0000919574-08-010524
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20081224
DATE AS OF CHANGE: 20081224
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN BANCORP OF NEW JERSEY INC
CENTRAL INDEX KEY: 0001330039
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 550897507
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-81088
FILM NUMBER: 081270099
BUSINESS ADDRESS:
STREET 1: 365 BROAD STREET
CITY: BLOOMFIELD
STATE: NJ
ZIP: 07003-2798
BUSINESS PHONE: 973 748-3600
MAIL ADDRESS:
STREET 1: 365 BROAD STREET
CITY: BLOOMFIELD
STATE: NJ
ZIP: 07003-2798
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: JAM PARTNERS LP
CENTRAL INDEX KEY: 0000944774
IRS NUMBER: 138180714
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: ONE FIFTH AVE.
CITY: NEW YORK
STATE: NY
ZIP: 10003
BUSINESS PHONE: 2127541422
MAIL ADDRESS:
STREET 1: ONE FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10003
</acceptance-datetime></sec-header>
<document>
<type>SC 13D
</type><sequence>1
</sequence><filename>d950307_13-d.txt
<text>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
----------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. )
American Bancorp of New Jersey, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.10 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
02407E104
- --------------------------------------------------------------------------------
(CUSIP Number)
Sy Jacobs
c/o JAM Managers, L.L.C.
One 5th Avenue
New York, New York 10003
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 15, 2008
- --------------------------------------------------------------------------------
(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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
<page>
CUSIP No. 02407E104
---------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JAM Partners, L.P. - 13-3810784
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX 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
7. SOLE VOTING POWER
0
8. SHARED VOTING POWER
679,125
9. SOLE DISPOSITIVE POWER
0
10. SHARED DISPOSITIVE POWER
679,125
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
679,125
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.25%
14. TYPE OF REPORTING PERSON
PN
</page><page>
CUSIP No. 02407E104
---------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JAM Managers, L.L.C. - 13-4063169
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX 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
7. SOLE VOTING POWER
0
8. SHARED VOTING POWER
679,125
9. SOLE DISPOSITIVE POWER
10. SHARED DISPOSITIVE POWER
679,125
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
679,125
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.25%
14. TYPE OF REPORTING PERSON
OO
</page><page>
CUSIP No. 02407E104
---------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sy Jacobs
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
7. SOLE VOTING POWER
0
8. SHARED VOTING POWER
679,125
9. SOLE DISPOSITIVE POWER
10. SHARED DISPOSITIVE POWER
679,125
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
679,125
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.53%
14. TYPE OF REPORTING PERSON
IN
</page><page>
CUSIP No. 02407E104
---------------------
- --------------------------------------------------------------------------------
Item 1. Security and Issuer.
The class of equity securities to which this Statement on Schedule 13D (this
"Schedule 13D") relates is the Common Stock, $0.10 par value per share (the
"Common Stock"), of American Bancorp of New Jersey, Inc. ("American Bancorp of
New Jersey"). American Bancorp of New Jersey is a New Jersey corporation with
its principal executive offices located at 365 Broad Street, Bloomfield, NJ
07003.
- --------------------------------------------------------------------------------
Item 2. Identity and Background.
(a) This Schedule 13D is being filed by (i) JAM Partners, L.P., a Delaware
limited partnership ("JAM Partners"), (ii) JAM Managers L.L.C., a Delaware
limited liability company ("JAM Managers") and (iii) Sy Jacobs, a citizen of the
United States of America ("Jacobs"). These filers are referred to individually
as a "Reporting Person" and collectively as "Reporting Persons".
(b) The business office of JAM Partners, JAM Managers L.L.C., and Jacobs is
One Fifth Avenue, New York, New York 10003.
(c) JAM Partners is an investment fund, JAM Managers is the general partner
of JAM Partners, and Jacobs is a managing member of JAM Managers.
(d) None of the Reporting Persons has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) during the
last five years.
(e) None of the Reporting Persons has been a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction during the last five
years, and no Reporting Person is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, Federal or State securities laws or finding any violation with respect to
such laws.
- --------------------------------------------------------------------------------
Item 3. Source and Amount of Funds or Other Consideration.
With respect to all Reporting Persons, the source of funds used in making the
purchases was working capital.
- --------------------------------------------------------------------------------
Item 4. Purpose of Transaction.
The Shares held by the Reporting Persons were acquired for, and are being held
for, investment purposes only. The acquisitions of the Shares were made in the
ordinary course of the Reporting Persons' business or investment activities, as
the case may be.
Except as set forth above, the Reporting Persons have no plan or proposal which
relates to, or would result in, any of the actions enumerated in Item 4 of the
instructions to Schedule 13D.
This Schedule 13D is being filed by the Reporting Persons to affirmatively
disclaim being a "group" for purposes of Section 16 of the Securities Exchange
Act of 1934, as amended.
- --------------------------------------------------------------------------------
Item 5. Interest in Securities of the Issuer.
The Reporting Persons believe that the filing of this Schedule 13D is not
required pursuant to the Securities Exchange Act of 1934, as amended, or the
regulations and rules promulgated thereunder. However, the Reporting Persons are
filing this Schedule 13D on a voluntary basis. Neither the filing of this
Schedule 13D nor any of its contents shall be deemed to constitute an admission
that any person filing this Schedule 13D is the beneficial owner of any Common
Stock referred to herein for purposes of Section 13(d) of the Securities
Exchange Act of 1934, as amended, or for any other purpose, and such beneficial
ownership is expressly disclaimed.
(a) As of December 11, 2008, 10,859,692 shares of American Bancorp of New
Jersey's Common Stock were outstanding (as disclosed on American Bancorp of New
Jersey's Form 10-K dated December 12, 2008). The aggregate number and percentage
of Common Stock held by each Reporting Person is disclosed in Items 11 and 13 of
such Reporting Person's cover page to this Schedule 13D.
(b) The number of shares of Class A Common Stock as to which each Reporting
Person has (i) sole or shared power to vote or to direct the vote and (ii) sole
or shared power to dispose or to direct the disposition is disclosed in Items 7,
8, 9, and 10 of such Reporting Person's cover page to this Schedule 13D.
(c) The trading dates, number of Shares purchased and sold and price per
share for all transactions in the Shares that may be deemed to be beneficially
owned by each Reporting Person during the past 60 days are set forth in Schedule
B and were all effected in broker transactions.
- --------------------------------------------------------------------------------
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
The Reporting Persons have agreed to share the legal expenses associated with
preparing this Schedule 13D and to jointly file this Schedule 13D.
- --------------------------------------------------------------------------------
Item 7. Material to be Filed as Exhibits.
Exhibit No. Description
A Joint Filing Agreement among the Reporting Persons dated as of
December 24, 2008.
B Transactions in the Shares of the Issuer by the Reporting Persons.
</page><page>
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.
SIGNATURE
SY JACOBS
/s/ Sy Jacobs
-------------------------------
Sy Jacobs
JAM PARTNERS, L.P.
By: JAM Managers L.L.C.
General Manager
By: /s/ Sy Jacobs
-------------------------------
Name: Sy Jacobs
Title: Managing Member
JAM MANAGERS L.L.C.
By: /s/ Sy Jacobs
---------------------------
Name: Sy Jacobs
Title: Managing Member
</page><page>
Exhibit A
Joint Filing Agreement
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as
amended, each of the undersigned hereby agrees that only one statement
containing the information required by Schedule 13D need be filed with respect
to the ownership by each of the undersigned of shares of Common Stock, $0.10 par
value per share, of American Bancorp of New Jersey, Inc.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Executed this 24th day of December, 2008.
JAM PARTNERS, L.P.
By: JAM Managers L.L.C., its general partner
By: /s/ Sy Jacobs
- -------------------------------
Name: Sy Jacobs
Title: Managing Member
JAM MANAGERS L.L.C.
By: /s/ Sy Jacobs
- -------------------------------
Name: Sy Jacobs
Title: Managing Member
SY JACOBS
By: /s/ Sy Jacobs
- -------------------------------
Name: Sy Jacobs
</page><page>
Exhibit B
TRANSACTIONS IN THE SHARES
JAM Partners, L.P.
Date of Transaction Quantity Purchased (Sold) Unit Cost
- ------------------- ------------------------- ---------
10/22/08 100 9.05
10/28/08 5,200 8.80
12/15/08 71,192 11.25
12/15/08 25,000 11.25
12/15/08 5,737 11.22
12/16/08 10,571 11.23
12/16/08 1,445 11.21
12/19/08 25,000 11.44
JAM Managers, L.L.C.
Date of Transaction Quantity Purchased (Sold) Unit Cost
- ------------------- ------------------------- ---------
10/22/08 100 9.05
10/28/08 5,200 8.80
12/15/08 71,192 11.25
12/15/08 25,000 11.25
12/15/08 5,737 11.22
12/16/08 10,571 11.23
12/16/08 1,445 11.21
12/19/08 25,000 11.44
Sy Jacobs
Date of Transaction Quantity Purchased (Sold) Unit Cost
- ------------------- ------------------------- ---------
10/22/08 100 9.05
10/28/08 5,200 8.80
12/15/08 71,192 11.25
12/15/08 25,000 11.25
12/15/08 5,737 11.22
12/16/08 10,571 11.23
12/16/08 1,445 11.21
12/19/08 25,000 11.44
SK 01252 0001 950307
</page></text>
</filename></document>
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