View:
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
--------------
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. 1)(1)
La-Z Boy Incorporated
-------------------------------------------------------------------------------
(Name of issuer)
COMMON STOCK, $1.00 PAR VALUE
-------------------------------------------------------------------------------
(Title of class of securities)
505336 10 7
-------------------------------------------------------------------------------
(CUSIP number)
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300
-------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
March 28, 2007
-------------------------------------------------------------------------------
(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 of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box / /.
NOTE. The 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.
(Continued on following pages)
(Page 1 of 12 Pages)
- --------
(1) 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 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).
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 2 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Investments, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 3 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Offshore Portfolio Company, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 4 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Cayman GP, Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 5 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Capital Management, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 6 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MLF Holdings, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 7 of 12 Pages
- ------------------------ ----------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Matthew L. Feshbach
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 shares
OWNED BY -----------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 3,618,218 shares
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 shares
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,618,218 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,618,218 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 8 of 12 Pages
- ------------------------ ----------------------
The following constitutes Amendment No. 1 ("Amendment No. 1") to
Schedule 13D, as amended to date, filed by the undersigned (the "Schedule
13D"). Except as specifically amended by this Amendment No. 1, the Schedule
13D remains in full force and effect.
Item 3 is hereby amended in its entirety to read as follows
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
As of March 29, 2007, MLF Offshore owned 3,618,218 Shares of the
Issuer. MLFI, Mr. Feshbach, MLF Cayman, MLF Holdings, and MLF Capital may be
deemed to beneficially own the Shares owned by MLF Offshore. The funds used
to purchase such Shares came from the working capital of MLF Offshore. The
aggregate cost of such Shares is approximately $45,076,717.
Items 5(a) through (c) are hereby amended in their entirety as follows:
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate percentage of Shares reported owned by each person
named herein is based upon 51,372,312 Shares outstanding as of January 27, 2007,
which is the total number of Shares outstanding as reported in the Issuer's
Quarterly Report on Form 10-Q, for the quarterly period ended January 27, 2007,
as filed with the Securities and Exchange Commission on February 13, 2007.
As of the close of business on March 29, 2007, each of MLFI, MLF
Offshore, MLF Cayman, MLF Holdings and MLF Capital beneficially owned 3,618,218
Shares, constituting approximately 7.0% of the Shares outstanding.
(b) Each of Mr. Feshbach, MLFI, MLF Offshore, MLF Cayman, MLF
Holdings and MLF Capital share the power to vote and dispose or to direct the
vote and disposition of 3,618,218 Shares, or 7.0% of the Shares outstanding.
(c) Schedule A annexed hereto lists all transactions in the Shares
since the filing of the Schedule 13D by the Reporting Persons. All of such
transactions were effected in the open market.
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 9 of 12 Pages
- ------------------------ ----------------------
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: March 29, 2007
/s/ Matthew L. Feshbach
------------------------------------
MATTHEW L. FESHBACH
MLF INVESTMENTS, LLC
By: /s/ Matthew L. Feshbach
--------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF OFFSHORE PORTFOLIO COMPANY, L.P.
By: MLF Cayman GP, Ltd.
Title: General Partner
By: MLF Capital Management, L.P.
Sole shareholder
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
--------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF CAYMAN GP, LTD.
By: MLF Capital Management, L.P.
Sole shareholder
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
--------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 10 of 12 Pages
- ------------------------ ----------------------
MLF CAPITAL MANAGEMENT, L.P.
By: MLF Holdings, LLC
General Partner
By: /s/ Matthew L. Feshbach
--------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
MLF HOLDINGS, LLC
By: /s/ Matthew L. Feshbach
--------------------------------
Name: Matthew L. Feshbach
Title: Managing Member
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 11 of 12 Pages
- ------------------------ ----------------------
SCHEDULE A
Transactions in the Shares Since the Filing of Schedule 13D
-----------------------------------------------------------
TRANSACTIONS BY MLF OFFSHORE PORTFOLIO COMPANY, L.P.
- --------------------------------------------------------------------------------
Shares of Common Stock Price Per Share ($) Date of Purchase
Purchased
- --------------------------------------------------------------------------------
5,800 14.3655 02/14/07
- --------------------------------------------------------------------------------
51,743 14.4356 02/15/07
- --------------------------------------------------------------------------------
10,300 13.6595 03/06/07
- --------------------------------------------------------------------------------
50,000 13.7041 03/07/07
- --------------------------------------------------------------------------------
50,000 13.8439 03/08/07
- --------------------------------------------------------------------------------
20,000 13.7915 03/13/07
- --------------------------------------------------------------------------------
40,000 13.6673 03/14/07
- --------------------------------------------------------------------------------
1,600 13.9400 03/15/07
- --------------------------------------------------------------------------------
6,800 13.8500 03/19/07
- --------------------------------------------------------------------------------
62,500 13.6988 03/20/07
- --------------------------------------------------------------------------------
60,000 13.4192 03/21/07
- --------------------------------------------------------------------------------
40,000 13.4128 03/22/07
- --------------------------------------------------------------------------------
20,000 13.3187 03/23/07
- --------------------------------------------------------------------------------
60,000 13.0989 03/26/07
- --------------------------------------------------------------------------------
20,000 13.1221 03/27/07
- --------------------------------------------------------------------------------
55,000 12.5541 03/28/07
- --------------------------------------------------------------------------------
50,000 12.5828 03/29/07
- --------------------------------------------------------------------------------
MLF INVESTMENTS, LLC
None
- ------------------------ ----------------------
CUSIP No. 505336 10 7 13D Page 12 of 12 Pages
- ------------------------ ----------------------
MLF CAYMAN GP, LTD.
None
MLF CAPITAL MANAGEMENT, L.P.
None
MLF HOLDINGS, LLC
None
MATTHEW L. FESHBACH
None