SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Atlantis Plastics, Inc.
(Name of Issuer)
Class A Common Stock, $.10 Par Value
(Title of Class of Securities)
0000491561
(CUSIP Number)
Mark A. Rosenbaum, Esq.
Stroock & Stroock & Lavan
7 Hanover Square
New York, New York 10004
(212) 806-5400
___________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 22, 1995
(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(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the
statement [ ]. (A
fee is not required only if the reporting person: (1) has a
previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits,
should be filed
with the Commission. See Rule 13d-1(a) 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).
Page 1 of 8 Pages
<PAGE> SCHEDULE 13D
CUSIP No. 0000491561 Page 2 of 8 Pages |
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TJS Partners, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) | |
(b) | |
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
New York
NUMBER OF 7 SOLE VOTING POWER 0
SHARES
BENEFICIALLY 8 SHARED VOTING POWER 284,300
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 284,300
WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.96%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 0000491561 Page 3 of 8 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TJS Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)| |
(b)| |
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 7 SOLE VOTING POWER 0
SHARES
BENEFICIALLY 8 SHARED VOTING POWER 284,300
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 284,300
WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.96%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 0000491561 Page 4 of 8 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas J. Salvatore
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)| |
(b)| |
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
USA
NUMBER OF 7 SOLE VOTING POWER 0
SHARES BENEFICIALLY 8 SHARED VOTING POWER
284,300
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 284,300
WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.96%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION
<PAGE>
Item 1. Security and Issuer.
The Statement on Schedule 13D dated February 21, 1995,
which was filed on behalf of TJS Partners, L.P., TJS Corporation
and Thomas J. Salvatore (collectively, the "Filing Persons"),
with respect to the Filing Persons' beneficial ownership of
shares of Class A Common Stock, $.10 par value (the
"Shares"), of Atlantis Plastics, Inc., a Florida corporation
(the "Company"),
is hereby further amended and supplemented as set forth below.
Terms used in
this Amendment No. 1 which are defined in the Schedule 13D shall
have their respective meanings set forth in the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
Between February 21, 1995 (the date of the Schedule 13D)
and the date hereof, the Partnership acquired an aggregate of
91,700 additional Shares for an aggregate purchase price
(exclusive of commissions) of approximately
$621,903. The source of funds for the purchase of such Shares
was the working capital of the Partnership. The aggregate
purchase price of the 284,300 Shares owned beneficially by the
Partnership as of the date of this Amendment
No. 1 was approximately $1,769,580 (excluding brokers'
commissions).
Item 4. Purpose of the Transaction.
The Partnership's intention for acquiring the Shares and
its present intention for holding the Shares is for investment
purposes.
None of the Filing Persons has formulated any plans or
proposals as a
result of ownership of the Shares which relate to or would
result in any of the following:
(a) The acquisition by any person of additional
securities of the issuer, or the disposition of securities of
the issuer;
(b) an extraordinary corporate transaction, such as a
merger, reorganization or liquidation, involving the issuer or
any of its subsidiaries;
(c) A sale or transfer of a material amount of assets
of the issuer or of any of its subsidiaries;
(d) Any change in the present board of directors or
management of the issuer, including any plans or proposals to
change the number or term of directors or to fill any existing
vacancies on the board;
(e) Any material change in the present capitalization
or dividend policy of the issuer;
(f) Any other material change in the Company's
business or corporate structure, including but not limited to,
if the Company is a registered closed-end investment company,
any plans or proposals to make any changes in its investment
policy for which a vote is required by Section 13 of the
Investment Company Act of 1940;
(g) Changes in the Company's charter, bylaws or
instruments corresponding thereto or other actions which may
impede the acquisition of control of the Company by any person;
(h) Causing a class of securities of the Company to
be delisted from a national securities exchange or to cease to
be authorized to be quoted in an inter-dealer quotation system
of a registered national securities association;
(i) A class of equity securities of the Company
becoming eligible for termination of registration pursuant to
Section 12(g)(4) of the Securities Act of 1933; or
(j) any action similar to any of those enumerated
above.
Item 5. Interest in Securities of the Issuer
Subsequent to February 21, 1995, the Partnership acquired
an aggregate of 91,700 additional Shares. Accordingly, as of
the date of this Amendment,
the Partnership is the direct beneficial owner of 284,300
Shares, which constituted approximately 6.96% of the 4,082,437
Shares outstanding as of
March 31, 1995, as disclosed in the Company's Quarterly Report
on Form 10-Q for the quarter ended March 31, 1995.
Each of TJS Corporation and Mr. Salvatore, in their
respective capacities as general partners of the Partnership, is
the beneficial owner of
284,300 Shares. In addition, each of such persons has (i) the
shared power to vote or direct the vote of, and (ii) shared
power to dispose of or to direct the disposition of, the above
Shares.
Schedule A hereto describes transactions in the Shares
effected since February 21, 1995 by the Partnership.
Except as set forth herein, neither the Partnership nor any
of the other Filing Persons beneficially owns or has a right to
acquire any equity interest
of the Company or effected any transaction in the equity
securities of the Company since February 21, 1995.
<PAGE>
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.
Dated: July 12, 1995
TJS PARTNERS, L.P.
By: /s/ Thomas J. Salvatore
Thomas J. Salvatore
as Managing General Partner
TJS CORPORATION
By: /s/ Thomas J. Salvatore
Thomas J. Salvatore
President
/s/ Thomas J. Salvatore
Thomas J. Salvatore
<PAGE>
Schedule A
The following table sets forth certain information concerning
the Shares purchased by the Partnership since February 21, 1995.
All purchases were made
through brokerage transactions on the American Stock Exchange.
<TABLE>
<CAPTION>
Purchase Price
Per Share
No. of Shares (Exclusive of
Date of Purchase Purchased Commissions)<FN>
<S> <C> <C>
4/28/95 5,000 $ 7.00
4/28/95 2,700 7.00
5/01/95 7,700 6.95
5/31/95 3,400 7.00
6/02/95 3,000 7.00
6/08/95 2,000 7.00
6/09/95 9,300 7.00
6/16/95 4,300 7.00
6/19/95 4,000 7.00
6/20/95 5,000 7.00
6/21/95 5,000 7.00
6/22/95 2,000 6.877
6/26/95 5,000 6.876
6/27/95 5,000 6.751
6/28/95 5,000 6.626
6/30/95 11,300 6.375
7/05/95 5,000 6.376
7/06/95 2,000 6.283
7/07/95 5,000 6.193
<FN>
In Schedule A of the Schedule 13D, this column showed, for each date of Purchase,
the total purchase price (exlusive of commissions) of the aggregate
amount of Shares bought on such date.
</TABLE>
