Amended Statement of Ownership (sc 13g/a)
February 08 2022 - 6:01AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED
IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 3)
Scully Royalty Ltd.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
G7T96K107
(CUSIP Number)
December 31, 2021
(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-1(b)
☒
Rule 13d-1(c)
☐
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 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).
SCHEDULE 13G
|
CUSIP No.
|
G7T96K107
|
|
Page 2 of 5 Pages
|
|
1
|
NAME OF REPORTING PERSON
Neil S. Subin
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☒
|
|
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
1,740,789
|
|
6
|
SHARED VOTING POWER
101,298
|
|
7
|
SOLE DISPOSITIVE POWER
1,740,789
|
|
8
|
SHARED DISPOSITIVE POWER
101,298
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,842,087 (1)
|
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
13.5%(1)
|
|
12
|
TYPE OF REPORTING PERSON
|
|
OO**
|
|
(1)
|
The percentage reported in this Schedule 13G/A is based upon 13,684,622 shares of Scully Royalty Ltd.
(the “Issuer”) common stock outstanding as of June 30, 2021 (according to the Issuer’s Form 6-K as filed with
the Securities and Exchange Commission on December 29, 2021).
|
Explanatory Note:
This Schedule 13G/A is filed by Mr.
Neil S. Subin, with respect to shares of common stock of the Issuer (“Shares”) held by certain entities owned by or
for the benefit of the family of the late Mr. Lloyd I. Miller, III (the “Miller Entities”) and does not include certain
Shares reported separately by Alimco Financial Corporation (“Alimco”). Certain of the Miller Entities hold approximately
94% of the outstanding shares of common stock of Alimco. Mr. Subin and Alimco respectively disclaim (i) the existence of, and membership
in, a “group” under Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, and (ii) beneficial ownership of
the securities reported by the other reporting person.
|
|
Item 1(a).
|
Name of Issuer
|
Scully Royalty Ltd.
|
|
Item 1(b).
|
Address of Issuer’s Principal Executive Offices
|
Unit 803, Dina House, Ruttonjee Centre, 11 Duddell Street,
Central, Hong Kong SAR, China.
|
|
Item 2(a).
|
Name of Person(s) Filing
|
Neil S. Subin
|
|
Item 2(b).
|
Address of Principal Business Office or, if none, Residence
|
2336
SE Ocean Blvd, Suite 400, Stuart, Florida 34996.
United States
|
|
Item 2(d).
|
Title of Class of Securities
|
Common stock
G7T96K107
|
|
Item 3.
|
If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
|
Not Applicable, this statement is filed pursuant to 13d-1(c).
Mr. Subin is the President and Manager of Milfam LLC, which serves as manager, general partner, or investment advisor of a number of entities
formerly managed or advised by the late Lloyd I. Miller, III. Mr. Subin also serves as trustee of a number of Miller family trusts. The
information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for Mr. Subin and is incorporated
herein by reference.
|
|
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:
|
Persons other than Mr. Subin have the right to receive
or the power to direct the receipt of dividends from, or the proceeds from the sale of, the reported securities.
|
|
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:
|
See Explanatory Note
|
|
Item 9.
|
Notice of Dissolution of Group:
|
Not Applicable
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.
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.
Dated: February 7, 2022
|
|
/s/ Neil S. Subin
|
|
|
Neil S. Subin
|
Scully Royalty (NYSE:SRL)
Historical Stock Chart
From Nov 2024 to Dec 2024
Scully Royalty (NYSE:SRL)
Historical Stock Chart
From Dec 2023 to Dec 2024
