Symmetry Surgical Inc. (NASDAQ:SSRG) is the subject of a new 13D filing issued by Luther King Capital Management Corp, which reveals the most up-to-date ownership information of the investment firm in the stock, which you can see in the table below. 13D filings indicate an activist position, which means that the filer may make efforts to engage the company’s management and/or board of directors and make recommendations as to ways to improve the company’s operations and enhance the stock’s value to shareholders. Any such transmissions are often disclosed in 13D filings and may be found in the embedded filing below.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| LKCM Private Discipline Master Fund, SPC | 1,484,032 | 0 | 1,484,032 | 0 | 1,484,032 | 14.4% |
| LKCM Micro-Cap Partnership, L.P. | 30,500 | 0 | 30,500 | 0 | 30,500 | 0.3% |
| LKCM Core Discipline, L.P. | 14,000 | 0 | 14,000 | 0 | 14,000 | 0.1% |
| Luther King Capital Management Corporation | 1,528,532 | 0 | 1,528,532 | 0 | 1,528,532 | 14.8% |
| J. Luther King, Jr. | 1,528,532 | 0 | 1,528,532 | 0 | 1,528,532 | 14.8% |
| J. Bryan King | 1,528,532 | 0 | 1,528,532 | 0 | 1,528,532 | 14.8% |
Page 1 of 10 SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Symmetry
Surgical Inc.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
87159G100
(CUSIP Number)
Jacob D. Smith
Principal, General Counsel & CCO
Luther King Capital Management Corporation
301 Commerce Street, Suite 1600
Fort Worth, Texas 76102
(817) 332-3235
(Name,
Address and Telephone Number of Persons Authorized to Receive Notices and Communications)
January 25, 2016
(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 Sections 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 Section 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 persons 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).
Persons who response to the collection of information contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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Page 2 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 2 of 10 |
| 1. | Name of LKCM Private Discipline Master Fund, SPC | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) WC | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of Cayman Islands | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 1,484,032 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 1,484,032 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,484,032 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 14.4% | |||||
| 14. | Type of Reporting Person (See OO | |||||
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Page 3 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 3 of 10 |
| 1. | Name of LKCM Micro-Cap Partnership, L.P. | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) WC | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 30,500 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 30,500 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 30,500 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 0.3% | |||||
| 14. | Type of Reporting Person (See PN | |||||
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Page 4 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 4 of 10 |
| 1. | Name of LKCM Core Discipline, L.P. | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) WC | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 14,000 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 14,000 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 14,000 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 0.1% | |||||
| 14. | Type of Reporting Person (See PN | |||||
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Page 5 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 5 of 10 |
| 1. | Name of Luther King Capital Management Corporation | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) N/A | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of Delaware | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 1,528,532 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 1,528,532 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,528,532 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 14.8% | |||||
| 14. | Type of Reporting Person (See IA, CO | |||||
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Page 6 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 6 of 10 |
| 1. | Name of J. Luther King, Jr. | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) N/A | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of United States | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 1,528,532 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 1,528,532 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,528,532 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 14.8% | |||||
| 14. | Type of Reporting Person (See IN | |||||
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Page 7 of 10 SEC Filing
| CUSIP No. 87159G100 | Page 7 of 10 |
| 1. | Name of J. Bryan King | |||||
| 2. | Check the Appropriate Box if a Member (a) ¨ (b) x | |||||
| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) N/A | |||||
| 5. | Check if Disclosure of Legal | |||||
| 6. | Citizenship or Place of United States | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 1,528,532 | ||||
| 8. | Shared Voting Power 0 | |||||
| 9. | Sole Dispositive Power 1,528,532 | |||||
| 10. | Shared Dispositive Power 0 | |||||
| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,528,532 | |||||
| 12. | Check if the Aggregate Amount in Row | |||||
| 13. | Percent of Class Represented by Amount 14.8% | |||||
| 14. | Type of Reporting Person (See IN | |||||
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Page 8 of 10 SEC Filing
This Amendment No. 4 to Schedule 13D amends and supplements the Schedule 13D filed by the Reporting Persons
with respect to the Common Stock, par value $0.0001 per share (Common Stock), of Symmetry Surgical, Inc., a Delaware corporation (the Issuer). Except as set forth below, all previous Items remain unchanged. Capitalized terms
used herein but not defined herein shall have the meanings given to them in the Schedule 13D, as amended, filed with the Securities and Exchange Commission. Each of the Reporting Persons hereby expressly disclaims membership in a group
under the Securities Exchange Act of 1934 with respect to the securities reported herein, and this Schedule 13D shall not be deemed to be an admission that any such Reporting Person is a member of such a group. Each of the Reporting Persons hereby
expressly disclaims beneficial ownership of the securities reported herein, other than to the extent of its pecuniary interest therein, and this Schedule 13D shall not be deemed to be an admission that any such Reporting Person is the beneficial
owner of the securities reported herein for purposes of the Securities Exchange Act of 1934 or for any other purpose.
Item 3. Source and
Amount of Funds or Other Consideration
Item 3 is hereby supplemented as follows:
PDP acquired an additional 324,419 shares of Common Stock in open market transactions for an aggregate purchase price of approximately $2,908,000 using
working capital.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated as follows:
(a) As of
January 25, 2016, the Reporting Persons may be deemed to beneficially own 1,528,532 shares of Common Stock (which represents approximately 14.8% of the outstanding Common Stock based upon information contained in the Issuers Form 10-Q for
the period ended November 6, 2015).
| (b) |
| Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | |||||||||||||
| PDP | 1,484,032 | 0 | 1,484,032 | 0 | ||||||||||||
| Micro | 30,500 | 0 | 30,500 | 0 | ||||||||||||
| Core | 14,000 | 0 | 14,000 | 0 | ||||||||||||
| LKCM | 1,528,532 | 0 | 1,528,532 | 0 | ||||||||||||
| J. Luther King, Jr. | 1,528,532 | 0 | 1,528,532 | 0 | ||||||||||||
| J. Bryan King | 1,528,532 | 0 | 1,528,532 | 0 | ||||||||||||
(c) Since the most recent filing of Schedule 13D, the Reporting Persons purchased the following shares of Common Stock in open
market transactions.
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Page 9 of 10 SEC Filing
| Date | Reporting Person | Shares Purchased | Price | |||||||
| 11/12/2015 | PDP | 400 | $ | 8.600 | ||||||
| 11/23/2015 | PDP | 100 | $ | 8.600 | ||||||
| 12/01/2015 | PDP | 100 | $ | 8.600 | ||||||
| 12/03/2015 | PDP | 4,384 | $ | 8.814 | ||||||
| 12/04/2015 | PDP | 905 | $ | 8.832 | ||||||
| 12/07/2015 | PDP | 4,187 | $ | 8.852 | ||||||
| 12/08/2015 | PDP | 500 | $ | 8.825 | ||||||
| 12/09/2015 | PDP | 2,501 | $ | 8.858 | ||||||
| 12/10/2015 | PDP | 100 | $ | 8.850 | ||||||
| 12/14/2015 | PDP | 2,864 | $ | 8.847 | ||||||
| 12/15/2015 | PDP | 100 | $ | 8.850 | ||||||
| 01/04/2016 | PDP | 200 | $ | 8.850 | ||||||
| 01/05/2016 | PDP | 9,908 | $ | 8.775 | ||||||
| 01/14/2016 | PDP | 400 | $ | 8.775 | ||||||
| 01/19/2016 | PDP | 13,800 | $ | 8.798 | ||||||
| 01/20/2016 | PDP | 11,200 | $ | 8.735 | ||||||
| 01/22/2016 | PDP | 12,670 | $ | 8.850 | ||||||
| 01/25/2016 | PDP | 260,100 | $ | 9.000 | ||||||
| (d) | Not applicable. |
| (e) | Not applicable. |
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Page 10 of 10 SEC Filing
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 25, 2016
| LKCM Private Discipline Master Fund, SPC | ||
| By: | LKCM Private Discipline Management, L.P., sole holder of its management shares | |
| By: | LKCM Alternative Management, LLC, its general partner | |
| By: | /s/ J. Bryan King | |
| J. Bryan King, President | ||
| LKCM Micro-Cap Partnership, L.P. | ||
| By: | LKCM Micro-Cap Management, L.P., its general partner | |
| By: | LKCM Alternative Management, LLC, its general partner | |
| By: | /s/ J. Bryan King | |
| J. Bryan King, President | ||
| LKCM Core Discipline, L.P. | ||
| By: | LKCM Core Discipline Management, L.P., its general partner | |
| By: | LKCM Alternative Management, LLC, its general partner | |
| By: | /s/ J. Bryan King | |
| J. Bryan King, President | ||
| Luther King Capital Management Corporation | ||
| By: | /s/ J. Bryan King | |
| J. Bryan King, Principal and Vice President | ||
| /s/ J. Bryan King | ||
| J. Bryan King | ||
| /s/ J. Luther King, Jr. | ||
| J. Luther King, Jr. | ||
