13D Filing: Michas Alexis P and LMI Aerospace Inc (LMIA)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

LMI Aerospace, Inc.

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(Name of Issuer)

Common Stock, par value $0.02

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(Title of Class of Securities)

  502079106 (CUSIP Number)

Alexis P. Michas

Juniper Investment Company, LLC

555 Madison Avenue, 24^th Floor

New York, New York 10022

(212) 339-8500

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(Name, Address and Telephone Number of Person Authorized
 to Receive Notices and Communications)

May 24, 2017

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(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 § 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(b) 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).

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SCHEDULE 13D

SCHEDULE 13D

SCHEDULE 13D

Item 1.

Security and Issuer.

Item 1 is hereby amended and restated in its entirety to read as follows:

This Amendment No. 5 to the statement on Schedule 13D (this “Amendment No. 5”) relates to the common stock, par value $0.02 per share (the “Shares”), of LMI Aerospace, Inc., a Missouri corporation (the “Issuer”), and hereby amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission on April 13, 2016 (the “Initial Schedule”), as amended by Amendment No. 1 filed on September 15, 2016 (the “Amendment No. 1”), Amendment No. 2 filed on October 11, 2016 (the “Amendment No. 2”), Amendment No. 3 filed on February 15, 2017 (the “Amendment No. 3”) and Amendment No. 4 filed on May 16, 2017 (the “Amendment No. 4” and together with the Initial Schedule, Amendment No. 1, Amendment No. 2 and Amendment No. 3, the “Schedule 13D”).  Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Schedule 13D.  All items or responses not described herein remain as previously reported in the Schedule 13D.  The Issuer’s principal executive offices are located at 411 Fountain Lakes Blvd., St. Charles, Missouri 63301.

Item 3.

Source and Amount of Funds or Other Consideration.

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

The Shares held by Juniper Fund that are the subject of this Schedule 13D were purchased with funds obtained through capital contributions from investors in Juniper Fund.  Such Shares were purchased in open market purchases for an aggregate purchase price of approximately $6,583,000, excluding brokerage commissions.

Item 5.

Interest in Securities of the Issuer.

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

The responses of the Reporting Persons to Rows (11) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference.

(a)          The percentages used herein are calculated based upon 13,694,093 Shares outstanding at May 1, 2017, as set forth in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2017.

As of the date of this Schedule 13D, the Reporting Persons beneficially owned in the aggregate 813,782 Shares, constituting approximately 5.9% of the then outstanding Shares.  As of the date of this Schedule 13D, the Reporting Persons may be deemed to have direct beneficial ownership of the Shares as follows:

(i)          Juniper Fund beneficially owned 813,782 Shares, constituting approximately 5.9% of the then outstanding Shares.

(ii)         Juniper HF Investors, as the general partner of Juniper Fund, may be deemed to own beneficially (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 813,782 Shares, constituting approximately 5.9% of the then outstanding Shares.  Juniper HF Investors disclaims beneficial ownership of such Shares for all other purposes.

	JUNIPER TARGETED OPPORTUNITY FUND, L.P.
	By:	Juniper HF Investors II, LLC, its General Partner
	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member
	JUNIPER HF INVESTORS II, LLC
	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member
	JUNIPER INVESTMENT COMPANY, LLC
	By:	/s/ John A. Bartholdson
	Name:	John A. Bartholdson
	Title:	Managing Member
	By:	/s/ Alexis P. Michas
	ALEXIS P. MICHAS
	By:	/s/ John A. Bartholdson
	JOHN A. BARTHOLDSON