Filing Details

Accession Number:
0001013594-11-000194
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-14 16:56:48
Reporting Period:
2011-03-10
Filing Date:
2011-03-14
Accepted Time:
2011-03-14 16:56:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
68145 Morgans Foods Inc MRFD Retail-Eating Places (5812) 340562210
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1178179 Black Horse Capital Lp 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1341160 P L Qp Capital Horse Black 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1379459 Dale Chappell 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1379554 Black Horse Capital Management Llc 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-03-10 10,000 $1.90 49,650 No 4 S Direct
Common Stock Disposition 2011-03-11 1,000 $1.85 48,650 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Footnotes
  1. Represents shares of common stock directly owned by Black Horse Capital (QP) LP ("Black Horse QP Fund") after the transactions reported in this Form 4. Black Horse Capital Management LLC ("Black Horse Management") is the managing general partner of Black Horse QP Fund and is deemed to indirectly beneficially own the shares of stock directly owned by Black Horse QP Fund.
  2. Black Horse Management is also the managing general partner of Black Horse Capital LP ("Black Horse Capital Fund") and the investment manager of Black Horse Capital Master Fund Ltd. (the "Black Horse Offshore Fund"). Black Horse Capital Fund directly owns 185,031 shares of common stock and Black Horse Offshore Fund directly owns 75,368 shares of common stock.
  3. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any of the persons reporting on this Form 4 that he or it, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form.