SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 19)
NATIONAL R.V. HOLDINGS, INC.
(Name of Issuer)
Common Stock par value $0.01
(Title of Class of Securities)
637277104
(CUSIP Number)
Stephen M. Davis, Esq.
Heller Ehrman LLP
7 Times Square, New York, New York 10036, (212) 832-8300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 30, 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 which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13-d-1(b)(3) or (4), check the following box [ ].
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes 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).
SCHEDULE 13D
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CUSIP No. 637277104
---------------------------- -------------------------
=================================================================
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gary N. Siegler
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not applicable.
--------------------------------------------------------------------------------
5. CHECK BOX 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
--------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7. SOLE VOTING POWER
517,013 (Includes 420,000 options)
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8. SHARED VOTING POWER
450,845
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9. SOLE DISPOSITIVE POWER
517,013 (Includes 420,000 shares underlying options)
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10. SHARED DISPOSITIVE POWER
450,845
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
967,858 (Includes 420,000 shares underlying options))
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter M. Collery
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(E) [ ]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
132,167 (includes 90,000 shares underlying options)
--------------------------------------------------------------------------------
8. SHARED VOTING POWER
160,945
--------------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
132,167 (includes 90,000 shares underlying options)
--------------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
160,945
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
293,112 (includes 90,000 shares underlying options)
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Siegler, Collery & Co.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
0
--------------------------------------------------------------------------------
8. SHARED VOTING POWER
136,464
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9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
136,464
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
136,464
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
SCHEDULE 13D
---------------------------- ----------------------------
CUSIP No. 637277104
---------------------------- -------------------------
=================================================================
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Multistream (QP) LP
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC
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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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
0
--------------------------------------------------------------------------------
8. SHARED VOTING POWER
249,900
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9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
249,900
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
249,900
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.4%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Arena Capital Corp.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
0
--------------------------------------------------------------------------------
8. SHARED VOTING POWER
24,481
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9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
24,481
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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)
0.2%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
SCHEDULE 13D
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CUSIP No. 637277104
---------------------------- -------------------------
=================================================================
1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Siegler & Co. Inc.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
0
--------------------------------------------------------------------------------
8. SHARED VOTING POWER
15,000
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9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
15,000
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,000
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1 %
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14. TYPE OF REPORTING PERSON
CO
AMENDMENT NO. 19
TO THE
SCHEDULE 13D
This statement constitutes Amendment No. 19 to the Schedule 13D relating to the
Common Stock, par value $0.01 per share ("Common Stock"), of National R.V.
Holdings, Inc. (the "Issuer") filed by Gary N. Siegler ("Siegler"), Peter M.
Collery ("Collery"), Siegler, Collery & Co. ("SCC"), The Gary N. Siegler
Foundation, ("Foundation"), Multistream (QP) LP ("Multistream"), Arena Capital
Corp ("Arena Capital") and Siegler & Co. Inc. ("Siegler & Co.") (collectively,
the "Reporting Persons") to disclose recent purchases of Issuer's common stock.
Item 2. Identity and Background
Multistream is a Delaware limited partnership with a place of business at
630 5th Avenue, Suite 1465, New York, NY 10022. Multistream's general partner is
Multistream Capital LLC, a Delaware limited liability company. Siegler and a
trust controlled by Siegler are the sole members of Multistream Capital LLC.
Siegler & Co. is a Delaware corporation with a place of business at 630 5th
Avenue, Suite 1465, New York, NY 10022. Siegler is the sole officer, director
and shareholder of Siegler & Co.
Neither Multistream nor Siegler & Co., nor any individuals associated with
either entity, during the last five years have been convicted in a criminal
proceeding.
Neither Multistream nor Siegler & Co., during the last five years have been
a party to any civil proceedings of a judicial or administrative body of
competent jurisdiction which as a result of such proceeding 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 findings
of any violation with respect to such laws.
Item 3. Source and Amount of Funds.
Multistream acquired an aggregate of 150,000 shares of the Issuer's Common
Stock with working capital. The Reporting Persons have no intention to effect
any of the transactions specified in Item 4 of the instructions to Schedule 13D.
Item 4. Purpose of Transaction.
Multistream acquired shares of the Issuer's Common Stock for investment
purposes only.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on March 31, 2006, the Reporting Persons,
by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to beneficially
own in the aggregate the number and percentage of the Issuer's Common Stock set
forth opposite their names below (based upon 10,339,484 shares of Common Stock
that were reported to be outstanding by the Issuer on March 12, 2006 in its Form
10-K for the year ended December 31, 2005).
Shares of
Name Common Stock Percentage
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Gary N. Siegler (1) 967,858 9.0%
-------------------------------------------------------------------
Peter M. Collery (2) 293,112 2.8%
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Siegler, Collery & Co. 136,464 1.3%
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The Gary N. Siegler Foundation 25,000 0.2%
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Multistream (QP) LP 249,900 2.4%
-------------------------------------------------------------------
Arena Capital Corp. 24,481 0.2%
-------------------------------------------------------------------
Siegler & Co. Inc. 15,000 0.1%
========================================================================
_______________________
(1) Includes 420,000 shares underlying options and shares held by each of SCC,
Foundation, Multistream, Arena Capital and Siegler & Co.
(2) Includes 90,000 shares underlying options.
Siegler and Collery, by virtue of their status as controlling stockholders,
directors and executive officers of Arena Capital, may be deemed to share with
Arena Capital the power to vote or direct the vote and dispose or direct the
disposition of shares of Common Stock of which Capital to is the direct
beneficial owner.
Siegler and Collery, by virtue of their status as controlling stockholders,
directors and executive officers of SCC may be deemed to share with SCC the
power to vote or direct the vote and to dispose or direct the disposition of
shares of Common Stock of which SCC is the direct beneficial owner.
Siegler, by virtue of his status as the sole director and officer of
Foundation, may be deemed to share with Foundation the power to vote or direct
the vote and to dispose or to direct the disposition of shares of Common Stock
of which Foundation is the direct beneficial owner.
Siegler, by virtue of his controlling interest in Multistream Capital LLC,
the general partner of Multistream, may be deemed to share with Multistream the
power to vote or direct the vote and to dispose or to direct the disposition of
shares of Common Stock of which Multistream is the direct owner, is deemed the
beneficial owner of the shares held in the Multistream.
Siegler has the sole power to vote or direct the vote and to dispose or to
direct the disposition of 517,013 shares (including 420,000 shares underlying
options) of Common Stock of which he is the direct beneficial owner.
Collery has the sole power to vote or direct the vote and to dispose or to
direct the disposition of 132,167 shares (including 90,000 shares underlying
options) of Common Stock of which he is the direct beneficial owner.
Siegler, by virtue of his status as the sole officer, director and
shareholder of Siegler & Co., maybe deemed to have the power to vote or direct
the disposition of the shares of Common Stock which Siegler & Co. is the direct
owner.
The following table sets forth the purchases effected by Multistream during
the past 60 days.
Trade Price Per
Date Share ($) Number of Shares
--------------------------------------------------------------------------------
3/30/06 6.35 125,000
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3/31/06 6.35 25,000
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SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Dated: April 7, 2006
SIEGLER, COLLERY & CO.
By: /s/ GARY N. SIEGLER
Name: Gary N. Siegler
Title: President
THE GARY N. SIEGLER
FOUNDATION
By: /s/ GARY N. SIEGLER
Name: Gary N. Siegler
Title: President
MULTISTREAM (QP), LP
By: Multistream Capital LLC
By: /s/ GARY N. SIEGLER
Name: Gary Siegler
Title: Member
ARENA CAPITAL CORP.
By: /s/ GARY N. SIEGLER
Name: Gary N. Siegler
Title: President
/s/ GARY N. SIEGLER
Gary N. Siegler
/s/ PETER M. COLLER
Peter M. Collery
SIEGLER & CO.
By: /s/ GARY N. SIEGLER
Name: Gary N. Siegler
Title: President