SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
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)
December 13, 1994
(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
[X]. (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 _____ Pages
SCHEDULE 13D
CUSIP No. 0000491561 Page 2 of 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 192,600
SHARES BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 9 SOLE DISPOSITIVE
POWER 192,600 REPORTING PERSON 10
SHARED DISPOSITIVE POWER WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
192,600
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 0000491561 Page 3 of 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*
00
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO 5 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 0
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 0
WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 0000491561 Page 4 of 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*
00
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 0
OWNED BY
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 10 SHARED DISPOSITIVE POWER 0
WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* | |
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
Item 1. Security and Issuer.
This statement on Schedule 13D relates to the Class A Common
Stock, par value $.10 per share (the "Shares"), of Atlantis
Plastics, Inc. (the "Company"), a Florida corporation.
The address of the Company's principal executive offices are
located at 2665 South Bayshore Drive, Suite 800, Miami, Florida
33133.
Item 2. Identity and Background.
This statement is being filed on behalf of TJS Partners,
L.P., TJS Corporation, and Thomas J. Salvatore (collectively, the
"Filing Persons").
Set forth below is certain information with respect to each
of the Filing Persons and each of the persons enumerated in
General Instruction C to Schedule 13D.
(1) TJS Partners, L.P. TJS Partners, L.P. is a New York
limited partnership. Its principal business is investment, and
the address of its principal business and principal office is 52
Vanderbilt Avenue, 5th Floor, New York, New York 10017. The
general partners of TJS Partners, L.P. are TJS
Corporation and Mr. Salvatore (see paragraphs (2) and (3) below).
TJS Partners, L.P. hereinafter shall be referred to as the
"Partnership".
(2) TJS Corporation. TJS Corporation is a Delaware
corporation. Its principal business is investment, and the
address of its principal business and principal office is 52
Vanderbilt Avenue, 5th Floor, New York, New York
10017. The controlling shareholder of TJS Corporation is Mr.
Salvatore. TJS Corporation's sole director and executive officer
is Mr. Salvatore who is its President (see paragraph (3) below).
(3) Thomas J. Salvatore. Mr. Salvatore is a citizen of the
United States of America, and his business address is 52
Vanderbilt Avenue, 5th Floor, New York, New York 10017. His
present principal employment is as an investor. Mr. Salvatore is
President of TJS Corporation.
During the last five years, none of the Filing Persons and
no director or executive officer of TJS Corporation, (i) has been
convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors), or (ii) has been a party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction as a result of which he, she or it was or
is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
Federal or State securities laws, or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The aggregate purchase price of the 192,600 Shares owned
beneficially by the Partnership as of the date of this statement
was approximately $1,147,677.17. The source of funds for the
purchase of such Shares was the working capital of the
Partnership.
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 Second Rights 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.
As of the date of this statement, the Partnership is the
direct beneficial owner of 192,600 Shares, which constituted
approximately 5.0% of the 3,851,363 Shares outstanding as of
September 30, 1994, as disclosed in the
Company's Quarterly Report on Form 10-Q for the quarter ended
September 30, 1994.
Each of TJS Corporation and Mr. Salvatore, in their
respective capacities as general partners of the Partnership, may
be deemed to own beneficially (as defined in Rule 13d-3
promulgated under the Securities Exchange Act of 1934, as
amended) the Shares owned beneficially by the
Partnership. Each of such persons disclaims beneficial ownership
of such Shares for all other purposes. In addition, each of such
Partners may be deemed to share with the Partnership the power to
vote or to direct the vote and to dispose or to direct the
disposition of the Shares owned beneficially by the Partnership.
Schedule A hereto describes transactions in the Shares
effected during the past 120 days 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 during the past 120 days except as set forth for the
Partnership in Schedule A hereto.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to the Securities of the Issuer.
There are no contracts, arrangements, understandings or
relationships (legal or otherwise) among the Filing Persons and
between such persons and any person with respect to any
securities of the Company, including but not
limited to transfer or voting of any of the securities of the
Company, finder's fees, joint ventures, loan or option
agreements, puts or calls, guarantees of profits, divisions of
profits or loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
None.
<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: February 21, 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 during the 120-day period
preceding the date of the Schedule 13D Statement to which this
Schedule A is attached. 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)
<S> <C> <C>
10/14/94 2,800 $16,103.00
10/17/94 500 2,878.00
10/19/94 2,000 11,253.00
10/20/94 11,800 67,415.00
10/25/94 1,400 7,878.00
10/28/94 3,700 21,278.00
10/31/94 100 565.50
11/02/94 100 579.50
11/07/94 200 1,136.00
11/09/94 1,000 5,628.00
11/10/94 1,000 5,625.00
11/14/94 5,000 28,128.00
11/15/94 2,600 14,628.00
11/16/94 2,000 11,253.00
11/17/94 1,400 8,115.44
12/6/94 1,500 8,628.00
12/7/94 1,000 5,753.00
12/8/94 500 2,878.00
12/9/94 5,000 28,753.00
12/12/94 10,200 57,977.76
12/13/94 4,100 22,553.00
</TABLE>
