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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20349
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. 7)*
ACME UNITED CORP.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 per share (Title of Class of Securities)
004816104
(CUSIP Number)
R. Scott Asen
c/o Asen & Co.
224 East 49th Street
New York, New York 10017
212-758-2323
(Name, Address, Telephone Number of Person Authorized to Receive
Notices and Communications)
September 8, 2000
(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 which 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 [ ].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the Schedule, including all exhibits. See Rule 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
CUSIP NO. 004816104 Page 2 of 4
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R. Scott Asen
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
Not Applicable (B) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED [ ]
PURSUANT TO ITEMS 2(D) OR 2(E)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF 535,690 shares of Common Stock
SHARES ---------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
None
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9 SOLE DISPOSITIVE POWER
535,690 shares of Common Stock
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10 SHARED DISPOSITIVE POWER
None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
535,690 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.1%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 7 amends and supplements the Statement on Schedule 13D
(the "Original Statement") filed by R. Scott Asen (the "Reporting Person") with
the United States Securities and Exchange Commission (the "SEC") on March 17,
2000, as amended on March 24, 2000, April 13, 2000, April 27, 2000, May 9, 2000,
June 6, 2000 and June 19, 2000. Except as set forth below, there are no changes
to the information set forth in the Original Statement. Capitalized terms used
but not otherwise defined herein shall have the meanings ascribed to them in the
Original Statement.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATIONS
Item 3 is amended to read in its entirety as follows:
The aggregate amount of funds required to purchase the 535,690 shares of Common
Stock owned by the Reporting Person was $1,187,520. The Reporting Person
received 26,590 of such shares through a partnership distribution made by AB
Associates. The source of funds used by the Reporting Person to make the
purchase of shares of Common Stock was personal funds.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is amended to read in its entirety as follows:
(a) The Reporting Person directly owns 535,690 shares of the Common Stock,
which shares represent approximately 15.1% of the issued and outstanding
shares of Common Stock (based on the total number of issued and outstanding
shares of Common Stock being 3,554,055) (the "Total Outstanding Shares"),
based on disclosures made by the Issuer's transfer agent to the Reporting
Person.
(b) No transactions in the Common Stock of the Issuer were effected by the
Reporting Person, directly or indirectly, during the past sixty days,
except for the following transactions:
(i) The Reporting Person purchased/received shares of Common Stock
during the past sixty days in the amounts and at the prices set
forth below:
DATE
NUMBER OF SHARES PRICE PER SHARE PURCHASED
---------------- --------------- ---------
26,590 Distribution from AB Associates 07/21/2000
2,000 $3.31250 08/28/2000
10,000 $3.43750 08/29/2000
10,000 $3.37500 08/30/2000
6,300 $3.34921 08/31/2000
200 $3.31250 09/01/2000
4,800 $3.43750 09/06/2000
10,000 $3.59735 09/07/2000
17,500 $3.5 09/08/2000
4,400 $3.5 09/14/2000
(c) Other than as disclosed herein, no other person has the right to
receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, the shares of Common Stock acquired by the
Reporting Person.
(d) Not applicable.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in the statement is true, complete and correct.
Dated: September 15, 2000
/s/ R. Scott Asen
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R. Scott Asen
