SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(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. 6)(1)
CONCORD CAMERA CORP.
(Name of Issuer)
Common Stock, no par value per share
(Title of Class of Securities)
206145200
(CUSIP Number)
Scott Lampert, Esq.
Vice President, General Counsel and Secretary
Concord Camera Corp.
4000 Hollywood Blvd., Sixth Floor North Tower
Hollywood, Florida 33021
(954) 331-4200
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 16, 2006
(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: 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.
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(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 the disclosures provided in a prior cover page.
The information required in 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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CUSIP No. 206156200 Page 2 of 7
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1 Names of Reporting Persons/ I.R.S. Identification No. of Above Person
(entity only):
IRA B. LAMPERT
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2 Check the Appropriate Box if a Member of a Group
(a) |_|
(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 if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
|_|
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6 Citizenship or Place of Organization
United States
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7 Sole voting power
514,700
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Number of shares 8 Shared voting power
beneficially 0
Owned by each
Reporting person with ------- ----------------------------------------------
9 Sole dispositive power
514,700
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10 Shared dispositive power
0
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
514,700
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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) |_|
8.6%
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14 Type of Reporting Person
IN
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CUSIP No. 206156200 Page 3 of 7
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1 Names of Reporting Persons/ I.R.S. Identification No. of Above Person
(entity only):
KEITH L. LAMPERT
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2 Check the Appropriate Box if a Member of a Group
(a) |_|
(b) |X|
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3 SEC use only
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4 Source of Funds
NOT APPLICABLE
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5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
|_|
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6 Citizenship or Place of Organization
United States
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7 Sole voting power
42,000
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Number of shares 8 Shared voting power
beneficially 0
Owned by each
Reporting person with ------- ----------------------------------------------
9 Sole dispositive power
42,000
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10 Shared dispositive power
0
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
42,000
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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) |_|
0.73%
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14 Type of Reporting Person
IN
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CUSIP No. 206156200 Page 4 of 7
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Introduction
This Amendment No. 6 further amends and supplements the statement on
Schedule 13D originally filed with the Securities and Exchange Commission on
November 17, 1995 and heretofore amended and supplemented. All numbers included
herein give effect to the 5:1 reverse stock split declared by the Company,
effective November 21, 2006.
ITEM 1. SECURITY AND ISSUER
This Amendment relates to the common stock, no par value per share (the
"Common Stock") of Concord Camera Corp., a New Jersey corporation (the
"Issuer"). The address of the Issuer's principal executive office is 4000
Hollywood Boulevard, Presidential Circle, Sixth Floor, North Tower, Hollywood,
Florida 33021.
ITEM 2. IDENTITY AND BACKGROUND
(a)-(c), (f). This Amendment is being filed by Ira B. Lampert and Keith
L. Lampert (each, a "Reporting Person") who formerly constituted a group and, as
members of that group, purchased and owned shares of Issuer Common Stock
pursuant to the Management Equity Provisions of the Issuer's 1993 Incentive
Plan. Their status as a group was based upon their having been parties to an
Amended and Restated Voting Agreement, dated February 28, 1997 (the "Voting
Agreement"). As reported under Item 4 below, the Voting Agreement was
terminated, effective November 16, 2006, and, therefore, the group ceased to
exist as of that date.
Ira B. Lampert is a citizen of the United States of America and the
current Chairman of the Board, Chief Executive Officer and President of the
Issuer. His principal business address is Concord Camera Corp., 4000 Hollywood
Boulevard, Presidential Circle, 6th Floor, North Tower, Hollywood, Florida
33021.
Keith L. Lampert is a citizen of the United States of America and is a
former Executive Vice President and Chief Operating Officer of the Issuer. He
currently is the managing member of Singkin Holding LLC, a Florida limited
liability company formed by him for the purpose of pursuing investment and other
business opportunities. The principal business address of both Singkin Holding
LLC and Keith L. Lampert is 923 N. Northlake Drive, Hollywood, Florida 33019.
(d)-(e). During the last five years, neither Reporting Person has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or was a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which the Reporting
Person 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.
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CUSIP No. 206156200 Page 5 of 7
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of the funds used by Ira B. Lampert in making the
open-market purchases of Issuer Common Stock reported in this filing was his
personal funds. The amount of personal funds expended to date by Ira B. Lampert
in making these open-market purchases is approximately $473,369.
ITEM 4. PURPOSE OF TRANSACTION
The open-market purchases of shares of Issuer Common Stock made by Ira
B. Lampert and reported in Item 5(c) below have been made for investment
purposes. Ira B. Lampert also intends to make, from time to time hereafter for
investment purposes, additional open-market purchases of shares of Issuer Common
Stock.
Pursuant to the terms of the Voting Agreement, Ira B. Lampert
terminated the Voting Agreement and the irrevocable proxies granted to him
thereunder, effective as of November 16, 2006 (the "Termination Date"). This
termination was effected by written notice to Keith L. Lampert, currently the
only other party thereto. Accordingly, from and after the Termination Date, the
Reporting Persons no longer constitute a group and each Reporting Person
currently disclaims membership in any group, including, without limitation, the
MEP Group in the name of which they previously reported under Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of November 21, 2006, Ira B. Lampert beneficially owned
514,700 shares of Issuer Common Stock, representing 8.6% of (1) the shares of
Issuer Common Stock outstanding as of that date, as reported by the Issuer
(5,771,877 shares) plus (2) the derivative securities hereinafter described. Of
these beneficially owned shares of Issuer Common Stock, (i) 128,132 shares
represent shares that may be purchased by this Reporting Person pursuant to
fully vested options that are exercisable within 60 days of the date hereof, and
(ii) 66,202.2 shares represent shares the delivery of which was deferred by this
Reporting Person into future years under the Issuer's Deferred Delivery Plan,
but which shares could be acquired by him within 60 days of the date hereof
under certain limited circumstances described in the Plan.
As of November 21, 2006, Keith L. Lampert beneficially owned 42,000
shares of Issuer Common Stock, representing 0.73% of the shares of Issuer Common
Stock outstanding as of that date, as reported by the Issuer (5,771,877 shares).
None of these beneficially owned shares are derivative securities.
(b) As of November 21, 2006, Ira B. Lampert had:
Power Number of Shares
Sole Power to Vote 514,700
Shared Power to Vote 0
Sole Power to Dispose 514,700
Shared Power to Dispose 0
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CUSIP No. 206156200 Page 6 of 7
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As of November 21, 2006, Keith L. Lampert had:
Power Number of Shares
Sole Power to Vote 42,000
Shared Power to Vote 0
Sole Power to Dispose 42,000
Shared Power to Dispose 0
(c) During the past 60 days, Ira B. Lampert has purchased 140,011
shares of Issuer Common Stock in broker's transactions at market prices, as
follows:
Shares Purchased Date Average Price Per Share
33,428 11/16/06 $3.16
61,200 11/17/06 $3.40
36,883 11/20/06 $3.5124
8,500 11/21/06 $3.6427
During the past 60 days, Keith L. Lampert has not purchased (whether
directly or through the exercise of vested options) or sold any shares of Issuer
Common Stock. At the close of business on June 30, 2006, the vested options then
held by Keith L. Lampert to purchase 62,871 shares of Issuer Common Stock
remained unexercised and, by their terms, expired.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
None. As reported in Items 2 and 4 above, the Voting Agreement between
the Reporting Persons was terminated, effective November 16, 2006.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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CUSIP No. 206156200 Page 7 of 7
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SIGNATURES
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: November 21, 2006 IRA B. LAMPERT
Hollywood, Florida KEITH L. LAMPERT
By: s/ Ira B. Lampert
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Ira B. Lampert,
Attorney-in-Fact