UFP TECHNOLOGIES INC — Major Shareholding Notification 2018

Nov 15, 2018

SC 13D/A 1 ufpt11152018.htm Schedule 13D

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

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 2)*

UFP Technologies, Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

902673102

(CUSIP Number)

Frederick DiSanto C/O Ancora Advisors, LLC 6060 Parkland Boulevard, Suite 200 Cleveland, Ohio 44124 (216) 825-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

11/12/2018

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §240.13d-7 for other parties to whom copies are to be sent.

• 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 ("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).

CUSIP No. 902673102 13D

| 1. | NAMES
OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Ancora Advisors, LLC 33-1099773 |
| --- | --- |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨ |
| 3. | SEC USE ONLY |
| 4. | SOURCE OF FUNDS (see instructions) OO, AF |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION State of Nevada, United
States of America |

| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH | SOLE VOTING POWER 464,769 |
| --- | --- |
| 8. | SHARED VOTING POWER 00,000 |
| 9. | SOLE DISPOSITIVE POWER 464,769 |
| 10. | SHARED DISPOSITIVE POWER 00,000 |

11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 464,769
12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.30
14.	TYPE OF REPORTING PERSON (see instructions) OO, AF

CUSIP No. 902673102 13D

| 1. | NAMES
OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Frederick DiSanto |
| --- | --- |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨ |
| 3. | SEC USE ONLY |
| 4. | SOURCE OF FUNDS (see instructions) 00 |
| 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 of America |

| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH | SOLE VOTING POWER 0 |
| --- | --- |
| 8. | SHARED VOTING POWER 00,000 |
| 9. | SOLE DISPOSITIVE POWER 0 |
| 10. | SHARED DISPOSITIVE POWER 00,000 |

11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.00%
14.	TYPE OF REPORTING PERSON (see instructions) IN

CUSIP No. 902673102 13D

Item 1. Security and Issuer.

This statement relates to the shares of Common Stock of UFP Technologies, Inc. The address of the issuer is 100 Hale Street , Newburyport, MA 01950.

Item 2. Identity and Background.

This statement is filed on behalf of Ancora Advisors, LLC. Ancora Advisors, LLC is registered as an investment advisor with the SEC under the Investment Advisors Act, as amended. Ancora Advisors, LLC is the investment advisor to the Ancora Trust, which includes the Ancora Special Opportunity Fund, Ancora/Thelen Small-Mid Cap Fund, and Ancora MicroCap Fund (Ancora Family of Mutual Funds), which are registered with the SEC as investment companies under the Investment Company Act, as amended. The address of the principal office of Ancora Advisors, LLC is 6060 Parkland Boulevard, Suite 200, Cleveland, Ohio 44124.

Ancora Advisors, LLC has the power to dispose of the shares owned by the investment clients for which it acts as advisor, including Merlin Partners, the AAMAF LP, Birchwald Partners LP, Ancora Catalyst Fund LP and the Ancora Family of Mutual Funds. Ancora Advisors disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.

During the last five years the Reporting Person has not been convicted in a criminal proceeding, nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, as a result of which he 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.

Item 3. Source or Amount of Funds or Other Consideration.

Ancora Advisors owns no Shares directly but Ancora Advisors may be deemed to beneficially own (within the meaning of Rule 13(d)(3) of the Securities Exchange Act of 1934) Shares purchased for or transferred to the accounts of investment management clients. Ancora Advisors disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.

Merlin Partners, AAMAF LP, Birchwald Partners LP, Ancora Catalyst Fund LP, Ancora Family of Mutual Funds, Employees of Ancora Advisors, LLC and Owners of Ancora Advisors, LLC. have used available and uncommitted cash to purchase shares of the Issuer.

Item 5. Interest in Securities of the Issuer.

The following list sets forth the aggregate number and percentage (based on 7,373,207 Shares of Common Stock outstanding on November 2, 2018) of outstanding shares of Common Stock owned beneficially by the Reporting Persons:

Name	No. Of Shares	Percent of Class
Ancora Owners/Employees (1)	2800	0.04
Ancora Funds & Partnerships (2)	449,289	6.09
Ancora Advisors SMA (3)	12,680	0.17
TOTAL	464,769	6.30

(1) These Shares are owned by the owners and employees of Ancora Advisors, LLC.

(2) These Shares are owned by the Ancora Family of Mutual Funds and/or Investment Partnerships, including Merlin Partners, the AAMAF LP, Birchwald Partners LP, and Ancora Catalyst Fund LP, for which it is also the General Partner, of which Ancora Advisors acts as the discretionary portfolio manager.

(3) These Shares are owned by investment clients of Ancora Advisors. Ancora Advisors does not own these shares directly, but by virtue of Ancora Advisors Investment Management Agreement with the investment clients of Ancora Advisors, each may be deemed to beneficially own Shares by reason of its power to vote and dispose of such Shares. Ancora Advisors disclaims beneficial ownership of such Shares. The transactions in the Shares by the Reporting Persons during the past 60 days, or since the prior filing, are set forth in Exhibit A and are incorporated herein by reference. No person other than the persons referenced herein is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares. All transactions in the Shares were made in the open market.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Issuer.

Item 7. Material to Be Filed as Exhibits.

Exhibit A: "Relevant Transactions in Shares" (prior 60 days).

Date of Transaction	Buy/Sell	Amount of Security	Price Per Shares
9/11/2018	SELL	576	$ 35.86
9/12/2018	SELL	1,000	$ 35.24
9/13/2018	SELL	800	$ 35.40
9/14/2018	SELL	600	$ 36.12
9/17/2018	SELL	2,000	$ 35.66
9/18/2018	SELL	1,190	$ 36.40
9/19/2018	SELL	1,613	$ 36.88
9/20/2018	SELL	1,600	$ 36.70
9/21/2018	SELL	510	$ 36.66
9/24/2018	SELL	700	$ 36.54
9/25/2018	SELL	500	$ 36.12
9/27/2018	SELL	114	$ 35.87
9/28/2018	SELL	5,700	$ 35.81
10/1/2018	SELL	2,100	$ 36.69
10/2/2018	SELL	5,200	$ 37.72
10/3/2018	SELL	5,000	$ 39.12
10/4/2018	SELL	4,427	$ 39.19
10/8/2018	SELL	900	$ 35.15
10/10/2018	SELL	300	$ 35.52
10/11/2018	SELL	373	$ 35.40
10/12/2018	BUY	1,000	$ 34.81
10/16/2018	SELL	456	$ 34.51
10/17/2018	SELL	344	$ 34.70
10/29/2018	SELL	2,100	$ 33.89
10/30/2018	SELL	752	$ 34.23
10/31/2018	SELL	1,448	$ 34.77
11/2/2018	SELL	1,200	$ 34.50
11/5/2018	SELL	812	$ 34.21
11/6/2018	SELL	200	$ 33.79
11/12/2018	SELL	13,154	$ 35.46
11/13/2018	SELL	8,005	$ 35.21
11/14/2018	SELL	5,734	$ 34.85
11/15/2018	SELL	1,308	$ 35.29

CUSIP No. 902673102 13D

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.

Ancora Advisors, LLC
/s/ Frederick DiSanto Frederick DiSanto
Chairman and Chief Executive
Officer
November 15, 2018