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BCB BANCORP INC Major Shareholding Notification 2023

Feb 14, 2023

33922_mrq_2023-02-14_b093a1a0-83cc-4138-8770-b80a35a2eeca.zip

Major Shareholding Notification

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SC 13G/A 1 sc13ga2.htm SCHEDULE 13G, AMENDMENT NO. 2 Licensed to: Skadden Arps Document created using EDGARfilings PROfile 8.4.0.0 Copyright 1995 - 2023 Broadridge PROfilePageNumberReset%Num%1%Page % of 7%

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 2 )*

BCB Bancorp, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
055298103
(CUSIP Number)
February 14, 2023
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-l(b)

☒ Rule 13d-l(c)

☐ Rule 13d-l(d)

*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).

Page 1 of 7

CUSIP No. 055298103

1. Names of Reporting Persons
MFP Partners, L.P. (1)
c/o MFP Investors LLC
909 Third Avenue, 33 rd Floor
New York, NY 10022
2. Check the Appropriate Box if a Member of a Group (See Instructions)
☐ (a)
☐ (b)
3. SEC Use Only
4. Citizenship or Place of Organization Delaware
5. Sole Voting Power
Number of
Shares 6. Shared Voting Power 895,000
Beneficially
Owned by Each
Reporting Person 7. Sole Dispositive Power
With:
8. Shared Dispositive Power 895,000
9. Aggregate Amount Beneficially Owned by Each Reporting Person 895,000
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
11. Percent of Class Represented by Amount in Row (9) 5.3% (2)
12. Type of Reporting Person (See Instructions)
PN

(1) MFP Investors LLC is the general partner of MFP Partners, L.P. Jennifer Cook Price is the managing director of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.

(2) Calculation based on 16,891,520 shares of Common Stock of the issuer outstanding pursuant to the issuer’s most recent Form 10-Q. Due to their respective relationships with each other, each of the Reporting Persons (as defined herein) may be deemed to share voting and dispositive power with respect to the shares of Common Stock reported herein.

Page 2 of 7

CUSIP No. 055298103

1. Names of Reporting Persons
MFP Investors LLC (1)
909 Third Avenue, 33 rd Floor
New York, NY 10022
2. Check the Appropriate Box if a Member of a Group (See Instructions)
☐ (a)
☐ (b)
3. SEC Use Only
4. Citizenship or Place of Organization Delaware
5. Sole Voting Power
Number of
Shares 6. Shared Voting Power 895,000
Beneficially
Owned by Each
Reporting Person 7. Sole Dispositive Power
With:
8. Shared Dispositive Power 895,000
9. Aggregate Amount Beneficially Owned by Each Reporting Person 895,000
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
11. Percent of Class Represented by Amount in Row (9) 5.3% (2)
12. Type of Reporting Person (See Instructions)
OO

(1) MFP Investors LLC is the general partner of MFP Partners, L.P. Jennifer Cook Price is managing director of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.

(2) Calculation based on 16,891,520 shares of Common Stock of the issuer outstanding pursuant to the issuer’s most recent Form 10-Q. Due to their respective relationships with each other, each of the Reporting Persons (as defined herein) may be deemed to share voting and dispositive power with respect to the shares of Common Stock reported herein.

Page 3 of 7

CUSIP No. 055298103

1. Names of Reporting Persons
Jennifer Cook Price (1)
c/o MFP Investors LLC
909 Third Avenue, 33 rd Floor
New York, NY 10022
2. Check the Appropriate Box if a Member of a Group (See Instructions)
☐ (a)
☐ (b)
3. SEC Use Only
4. Citizenship or Place of Organization United States of America
5. Sole Voting Power
Number of
Shares 6. Shared Voting Power 895,000
Beneficially
Owned by Each
Reporting Person 7. Sole Dispositive Power
With:
8. Shared Dispositive Power 895,000
9. Aggregate Amount Beneficially Owned by Each Reporting Person 895,000
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐
11. Percent of Class Represented by Amount in Row (9) 5.3% (2)
12. Type of Reporting Person (See Instructions)
IN

(1) MFP Investors LLC is the general partner of MFP Partners, L.P. Jennifer Cook Price is managing director of MFP Partners, L.P. and managing member and controlling person of MFP Investors LLC.

(2) Calculation based on 16,891,520 shares of Common Stock of the issuer outstanding pursuant to the issuer’s most recent Form 10-Q. Due to their respective relationships with each other, each of the Reporting Persons (as defined herein) may be deemed to share voting and dispositive power with respect to the shares of Common Stock reported herein.

Page 4 of 7

CUSIP No. 055298103

Item 1. (a) Name of Issuer
BCB Bancorp, Inc.
(b) Address of Issuer's Principal Executive Offices
104-110 Avenue C
Bayonne, NJ 07002
USA
Item 2.
(a) Name of Person Filing
MFP Partners, L.P.
MFP Investors LLC
Michael F. Price
(b) Address of Principal Business Office or, if none, Residence
909 Third Avenue, 33 rd Floor
New York, NY 10022
(c) Citizenship
MFP Partners, L.P. and MFP Investors LLC are each organized under the laws of the state of Delaware. Jennifer Cook Price is a citizen of the United States of America.
(d) Title of Class of Securities
Common Stock, no par value
(e) CUSIP Number
055298103
Item 3. If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership.
MFP Partners, L.P. directly owns 895,000 shares of Common Stock, representing 5.3% of the total number of shares of Common Stock outstanding. As the investment advisor
to MFP Partners, L.P., MFP Investors LLC is deemed to have shared power to vote 895,000 shares of Common Stock, representing 5.3% of the total number of shares of Common Stock outstanding . As managing member and controlling person of MFP Investors LLC, Jennifer Cook Price is deemed to have shared power to vote 895,000 shares of Common Stock, representing 5.3% of
the total number of shares of Common Stock outstanding .
The ownership percentages set forth above are based on 16,891,520 shares of Common Stock of the issuer outstanding pursuant to the issuer’s most recent Form 10-Q filed by the issuer with the Securities and Exchange Commission.

Page 5 of 7

CUSIP No. 055298103

Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
MFP Investors LLC manages investments for MFP Partners, L.P. which beneficially owns more than 5% of the shares of Common Stock .
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding
Company or Control Person
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than
activities solely in connection with a nomination under §240.14a–11 .

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 as of February 14, 2022 .

MFP Partners, L.P.
/s/ Timothy E. Ladin
Signature
Name: Timothy E. Ladin
Title: General Counsel, Vice President
MFP Investors LLC
/s/ Timothy E. Ladin
Signature
Name: Timothy E. Ladin
Title: General Counsel, Vice President
Jennifer Cook Price
/s/ Jennifer Cook Price
Signature
Name: Jennifer Cook Price

Page 6 of 7

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EXHIBITS

Exhibit
Number Title
1 Joint Filing Agreement dated December 30, 2019 among the Reporting Persons (filed previously)
2 Joint Filing Agreement dated February 14, 2023 among the Reporting Persons (filed herewith)

Page 7 of 7