PATRICK INDUSTRIES INC — Major Shareholding Notification 2010

Feb 16, 2010

SC 13G/A 1 patrick_13ga1.htm SCHEDULE 13G/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1) *

Patrick Industries, Inc.
(Name of Issuer)
Common Stock, without par value
(Title of Class of Securities)
703343103
(CUSIP Number)
December 31, 2009
(Date of Event Which Requires Filing of this Statement)

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

o	Rule 13d-1(b)
x	Rule
13d-1(c)
o	Rule
13d-1(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 9

| CUSIP No. — 1. | Names of Reporting Persons. Andrew K. Boszhardt, Jr. I.R.S. Identification
Nos. of above persons (entities only). | | |
| --- | --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | | |
| | (a) o | | |
| | (b) x | | |
| 3. | SEC Use Only | | |
| 4. | Citizenship or Place of Organization United States | | |
| Number of Shares Beneficially owned by Each Reporting Person With: | 5. | Sole Voting Power | 266,532 |
| | 6. | Shared Voting Power | 230,483 |
| | 7. | Sole Dispositive Power | 266,532 |
| | 8. | Shared Dispositive Power | 230,483 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 497,015 | | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | | |
| 11. | Percent of Class Represented by Amount in Row (9) 5.4% | | |
| 12. | Type of Reporting Person (See Instructions) IN | | |

Page 2 of 9

| CUSIP No. — 1. | Names of Reporting Persons. Zoltan H. Zsitvay I.R.S. Identification
Nos. of above persons (entities only). | | |
| --- | --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | | |
| | (a) o | | |
| | (b) x | | |
| 3. | SEC Use Only | | |
| 4. | Citizenship or Place of Organization United States | | |
| Number of Shares Beneficially owned by Each Reporting Person With: | 5. | Sole Voting Power | 55,000 |
| | 6. | Shared Voting Power | 230,483 |
| | 7. | Sole Dispositive Power | 55,000 |
| | 8. | Shared Dispositive Power | 230,483 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 285,483 | | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | | |
| 11. | Percent of Class Represented by Amount in Row (9) 3.1% | | |
| 12. | Type of Reporting Person (See Instructions) IN | | |

Page 3 of 9

| CUSIP No. — 1. | Names of Reporting Persons. Great Oaks Capital Management, LLC I.R.S. Identification
Nos. of above persons (entities only). | | |
| --- | --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | | |
| | (a) o | | |
| | (b) x | | |
| 3. | SEC Use Only | | |
| 4. | Citizenship or Place of Organization Delaware | | |
| Number of Shares Beneficially owned by Each Reporting Person With: | 5. | Sole Voting Power | 0 |
| | 6. | Shared Voting Power | 230,483 |
| | 7. | Sole Dispositive Power | 0 |
| | 8. | Shared Dispositive Power | 230,483 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 230,483 | | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | | |
| 11. | Percent of Class Represented by Amount in Row (9) 2.5% | | |
| 12. | Type of Reporting Person (See Instructions) IA, OO | | |

Page 4 of 9

| CUSIP No. — 1. | Names of Reporting Persons. GOCP, LLC I.R.S. Identification
Nos. of above persons (entities only). | | |
| --- | --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | | |
| | (a) o | | |
| | (b) x | | |
| 3. | SEC Use Only | | |
| 4. | Citizenship or Place of Organization Delaware | | |
| Number of Shares Beneficially owned by Each Reporting Person With: | 5. | Sole Voting Power | 0 |
| | 6. | Shared Voting Power | 230,483 |
| | 7. | Sole Dispositive Power | 0 |
| | 8. | Shared Dispositive Power | 230,483 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 230,483 | | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | | |
| 11. | Percent of Class Represented by Amount in Row (9) 2.5% | | |
| 12. | Type of Reporting Person (See Instructions) OO | | |

Page 5 of 9

| CUSIP No. — 1. | Names of Reporting Persons. Great Oaks Strategic Investment Partners, LP I.R.S. Identification
Nos. of above persons (entities only). | | |
| --- | --- | --- | --- |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | | |
| | (a) o | | |
| | (b) x | | |
| 3. | SEC Use Only | | |
| 4. | Citizenship or Place of Organization Delaware | | |
| Number of Shares Beneficially owned by Each Reporting Person With: | 5. | Sole Voting Power | 0 |
| | 6. | Shared Voting Power | 230,483 |
| | 7. | Sole Dispositive Power | 0 |
| | 8. | Shared Dispositive Power | 230,483 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 230,483 | | |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | | |
| 11. | Percent of Class Represented by Amount in Row (9) 2.5% | | |
| 12. | Type of Reporting Person (See Instructions) PN | | |

Page 6 of 9

| Item
1. — (a) | The name of the issuer is Patrick Industries, Inc.
(the “Issuer”). | |
| --- | --- | --- |
| (b) | The principal executive office of the Issuer is
located at 107 West Franklin Street,
P.O. Box 638, Elkhart, Indiana 46515. | |
| Item
2. | | |
| (a) | This statement (this “Statement”) is being filed by
(i) Great Oaks Strategic Investment Partners, LP, a Delaware limited
partnership (the “Fund”), (ii) GOCP, LLC, a Delaware limited liability
company (the “General Partner”), which serves as the general partner of the
Fund, (iii) Great Oaks Capital Management, LLC, a Delaware limited liability
company (the “Investment Manager”), which serves as the investment manager of
the Fund, (iv) Andrew K. Boszhardt, Jr., the managing member and controlling
person of the General Partner and the Investment Manager, and (v) Zoltan H.
Zsitvay, the advisor of the Investment Manager with respect to the Fund (all
of the foregoing, collectively, the “Filers”). The Fund is a private
investment vehicle formed for the purpose of investing and trading in a wide
variety of securities and financial instruments. Messrs. Boszhardt and
Zsitvay, the Investment Manager and the General Partner may be deemed to
share with the Fund (and not with any third party) voting and dispositive
power with respect to the shares held directly by the Fund. Each Filer
disclaims beneficial ownership with respect to any shares other than the
shares owned directly by such Filer. | |
| (b) | The principal business office of each of the Fund,
the General Partner, the Investment Manager and Messrs. Boszhardt and Zsitvay
is: | |
| | 660 Madison Avenue, 14th Floor | |
| | New York, NY 10065 | |
| | USA | |
| (c) | For citizenship information see item 4 of the cover
sheet of each Filer. | |
| (d) | This Statement relates to the Common Stock of the
Issuer. | |
| (e) | The CUSIP Number of the Common Stock of the Issuer
is 703343103. | |
| Item
3. If this statement is filed
pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person
filing is a: | | |
| (a) | o | Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o). |
| (b) | o | Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c). |
| (c) | o | Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c). |
| (d) | o | Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8). |
| (e) | o | An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E); |
| (f) | o | An employee benefit plan or endowment fund in
accordance with 240.13d-1(b)(1)(ii)(F); |
| (g) | o | A parent holding company or control person in
accordance with 240.13d-1(b)(1)(ii)(G); |
| (h) | o | A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| (i) | o | A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of the Investment Company Act
of 1940 (15 U.S.C. 80a-3); |
| (j) | o | Group, in accordance with 240.13d-1(b)(1)(ii)(J); |
| Item
4. Ownership. | | |
| See Items 5-9 and 11 on the cover page for each
Filer, and Item 2. The percentage ownership of each Filer is based on
9,162,189 shares of Common Stock outstanding as of October 30, 2009, as
reported on the Issuer’s Quarterly Report on Form 10-Q for the quarterly period
ended September 27, 2009. | | |

Page 7 of 9

| Item
5. | Ownership
of Five Percent or Less of a Class |
| --- | --- |
| If this statement is being filed to report the fact
that as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of securities, check
the following o . | |
| Item
6. | Ownership
of More than Five Percent on Behalf of Another Person. |
| | Not applicable. |
| Item
7. | Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company. |
| | 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 |
| (a) | Not applicable. |
| (b) | 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. |

Page 8 of 9

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: February 12, 2010
Andrew
K. Boszardht, Jr.
Great
Oaks Capital Management, LLC
GOCP,
LLC
Great
Oaks Strategic Investment Partners, LP
By:	/s/ Andrew K. Boszhardt, Jr.
Andrew K. Boszhardt, Jr., for himself, and as
Managing Member of the General Partner (for itself and on behalf of the Fund)
and the Investment Manager
	/s/ Zoltan H. Zsitvay
Zoltan H. Zsitvay, for himself

Page 9 of 9