Zuckerman Investment Group, LLC – ‘SC 13G/A’ on 1/13/20 re: Hamilton Beach Brands Holding Co

On:  Monday, 1/13/20, at 2:10pm ET   ·   Accession #:  1423296-20-1   ·   File #:  5-90132

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Amendment to Statement of Acquisition of Beneficial Ownership by a Passive Investor   —   Sch. 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    12.31.19 Hbb                                           8±    26K 

Document Table of Contents

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G

     Under the Securities Exchange Act of 1934

     (Amendment No. 1)

    ............................................................

       Hamilton Beach Brands Holding Co.
    (Name of Issuer)

    ............................................................

      Common Stock Class A
      (Title of Class of Securities)

    ............................................................

   40701T104
    (CUSIP Number)

    ............................................................

     DECEMBER 31, 2019
   (Date of Event Which Requires Filing of this Statement)

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

|X| Rule 13-d-1(b)                                    
Rule 13-d-1(c)                                
Rule 13-d-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).                               

                                                                            [Download Table]
                                                                     
                                                                            
       CUSIP No. 40701T104                         Schedule 13G             
                                                                            

                                                                            
                      1.    Name of reporting persons                       
                            ZUCKERMAN INVESTMENT GROUP, LLC                 

                      2.    Check the appropriate box if a member           
                            of a Group (see instructions)                   
                            N/A                                             
                            (a)  [    ]                                     
                            (b)  [    ]                                     

                      3.    SEC use only_________________________           

                      4.    Citizenship or place of organization            
                            DELAWARE                                        

       -------------                                                        
       Number of      5.    Sole voting power                        0      
       shares                                                               
       beneficially   6.    Shared voting power                      994,351
       owned                                                                
       by each        7.    Sole dispositive power                   0      
       reporting                                                            
       person with:   8.    Shared dispositive power                 994,351

                      9.    Aggregate amount beneficially owned by   994,351
                            each reporting person                           

                      10.   Check if the aggregate amount in Row     N/A    
                            (9) excludes certain shares (see                
                            instructions)                                   

                      11.   Percent of class represented by amount   10.9%  
                            in Row (9)                                      

                      12.   Type of reporting person (see            IA/OO  
                            instructions)                                   

                                                                            
       CUSIP No. 40701T104                         Schedule 13G             
                                                                            

                                                                            
                      1.    Name of reporting persons                       
                            ZIG HOLDING, LLC                                

                      2.    Check the appropriate box if a member           
                            of a Group (see instructions)                   
                            N/A                                             
                            (a)  [    ]                                     
                            (b)  [    ]                                     

                      3.    SEC use only_________________________           

                      4.    Citizenship or place of organization            
                            ILLINOIS                                        

       -------------                                                        
       Number of      5.    Sole voting power                        0      
       shares                                                               
       beneficially   6.    Shared voting power                      994,351
       owned                                                                
       by each        7.    Sole dispositive power                   0      
       reporting                                                            
       person with:   8.    Shared dispositive power                 994,351

                      9.    Aggregate amount beneficially owned by   994,351
                            each reporting person                           

                      10.   Check if the aggregate amount in Row     N/A    
                            (9) excludes certain shares (see                
                            instructions)                                   

                      11.   Percent of class represented by amount   10.9%  
                            in Row (9)                                      

                      12.   Type of reporting person (see            HC/OO  
                            instructions)                                   

                                                                            
       CUSIP No. 40701T104                        Schedule 13G              
                                                                            

                                                                            
                      1.    Name of reporting persons                       
                            SHERWIN A. ZUCKERMAN                            

                      2.    Check the appropriate box if a member           
                            of a Group (see instructions)                   
                            N/A                                             
                            (a)  [    ]                                     
                            (b)  [    ]                                     

                      3.    SEC use only_________________________           

                      4.    Citizenship or place of organization            
                            UNITED STATES                                   
       -------------                                                        
       Number of      5.    Sole voting power                        0      
       shares                                                               
       beneficially   6.    Shared voting power                      994,351
       owned                                                                
       by each        7.    Sole dispositive power                   0      
       reporting                                                            
       person with:   8.    Shared dispositive power                 994,351

                      9.    Aggregate amount beneficially owned by   994,351
                            each reporting person                           

                      10.   Check if the aggregate amount in Row     N/A    
                            (9) excludes certain shares (see                
                            instructions)                                   

                      11.   Percent of class represented by amount   10.9%  
                            in Row (9)                                      

                      12.   Type of reporting person (see            HC/IN  
                            instructions)                                   

                                                                            
       CUSIP No. 40701T104                         Schedule 13G             
                                                                            

                                                                            
                      1.    Name of reporting persons                       
                            DANIEL R. ZUCKERMAN                             

                      2.    Check the appropriate box if a member           
                            of a Group (see instructions)                   
                            N/A                                             
                            (a)  [    ]                                     
                            (b)  [    ]                                     

                      3.    SEC use only_________________________           

                      4.    Citizenship or place of organization            
                            UNITED STATES                                   

       -------------                                                        
       Number of      5.    Sole voting power                        0      
       shares                                                               
       beneficially   6.    Shared voting power                      994,351
       owned                                                                
       by each        7.    Sole dispositive power                   0      
       reporting                                                            
       person with:   8.    Shared dispositive power                 994,351

                      9.    Aggregate amount beneficially owned by   994,351
                            each reporting person                           

                      10.   Check if the aggregate amount in Row     N/A    
                            (9) excludes certain shares (see                
                            instructions)                                   

                      11.   Percent of class represented by amount   10.9%  
                            in Row (9)                                      

                      12.   Type of reporting person (see            HC/IN  
                            instructions)                                   

                                                                           
Item 1.                                                           

                                                                       [Download Table]
                                                                     
                                                                     
(a)  Name of issuer:                Hamilton Beach Brands Holding Co.

(b)  Address of issuer's principal  4421 Waterfront Drive            
     executive offices:             Glen Allen, VA 23060             

                                                                           
Item 2.                                                           

                                                                       [Download Table]
                                                                                
                                                                                
     (a)  Name of person filing:                 ZUCKERMAN INVESTMENT GROUP, LLC

     (b)  Address of principal business office   155 N. WACKER DRIVE            
          or, if none, residence:                SUITE 1700                     
                                                 CHICAGO, IL 60606              

     (c)  Citizenship:                           DELAWARE                       

                                                 ZIG HOLDING, LLC               
                                                 155 N. WACKER DRIVE            
                                                 SUITE 1700                     
                                                 CHICAGO, IL 60606              
                                                 ILLINOIS                       

                                                 SHERWIN A. ZUCKERMAN           
                                                 155 N. WACKER DRIVE            
                                                 SUITE 1700                     
                                                 CHICAGO, IL 60606              
                                                 UNITED STATES                  

                                                 DANIEL R. ZUCKERMAN            
                                                 155 N. WACKER DRIVE            
                                                 SUITE 1700                     
                                                 CHICAGO, IL 60606              
                                                 UNITED STATES                  

     (d)  Title of class of securities:          COMMON STOCK CLASS A           

     (e)  CUSIP No.:                             40701T104                      

                                                                         
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:

                                                                       [Download Table]
                                                                         
                                                                         
   (a)      [  ] Broker or dealer registered under Section 15 of the Act.
   (b)      [  ] Bank as defined in Section 3(a)(6) of the Act           
   (c)      [  ] Insurance company as defined in Section 3(a)(19)        
                 of the Act                                              
   (d)      [  ] Investment company registered under Section 8 of        
                 the Investment Company Act of 1940                      
   (e)      [X ] An investment adviser in accordance with                
                 Rule 13d-1(b)(1)(ii)(E);                                
   (f)      [  ] An employee benefit plan or endowment fund in accordance
                 with Rule 13d-1(b)(1)(ii)(F);                           
   (g)      [X ] A parent holding company or control person in accordance
                 with Rule 13d-1(b)(1)(ii)(G);                           
   (h)      [  ] A savings associations as defined in Section 3(b) of the
                 Federal Deposit Insurance Act (12 U.S.C. 1813);         
   (i)      [  ] 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                          
   (j)      [  ] A non-U.S. institution in accordance with               
                 Rule 240.13d-1(b)(1)(ii)(J)                             
   (k)      [  ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).  
                 If filing as a non-U.S. institution in accordance with  
                 Rule 240.13d-1(b)(1)(ii)(J),                            
                 please specify the type of institution: ____            

                                                                         
Item 4.  Ownership                                                

  Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in 
Item 1.                                                           

                                                                       [Download Table]
                                                                                
                                                                                
(a)   Amount beneficially owned    Incorporated by reference to Item            
                                   9 of the cover page pertaining to            
                                   each Reporting Person.                       

      Sherwin A. Zuckerman is Chairman and Daniel R. Zuckerman is CEO of        
      Zuckerman Investment Group, LLC. Together they are the controlling        
      members of Zuckerman Investment Group, LLC, and thus may be considered    
      the beneficial owners of shares beneficially owned by Zuckerman Investment
      Group, LLC.                                                               

(b)   Percent of class             Incorporated by reference to Item            
                                   11 of the cover page pertaining to           
                                   each Reporting Person.                       

                                                                         
(c)   Number of shares as to which the person has:                

                                                               [Enlarge/Download Table]
                                                                                     
                                                                                     

      (i)    Sole power to vote or      Incorporated by reference to Item            
             to direct the vote:        5 of the cover page pertaining to            
                                        each reporting person.                       

      (ii)   Shared power to vote or    Incorporated by reference to Item            
             to direct the vote:        6 of the cover page pertaining to            
                                        each reporting person.                       

      (iii)  Sole power to dispose or   Incorporated by reference to Item            
             to direct the disposition  7 of the cover page pertaining to            
             of:                        each reporting person.                       

      (iv)   Shared power to dispose or Incorporated by reference to Item            
             to direct the disposition  8 of the cover page pertaining to            
             of:                        each reporting person.                       

Item 5.  Ownership of 5 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 |_|                                                                        

Item 6.  Ownership of More than 5 Percent on Behalf of Another                       
         Person                                                                      

Owners of accounts managed by Zuckerman Investment Group, LLC have or may            
have the right to receive or the power to direct the receipt of dividends            
from, or the proceeds from the sale of, securities held in their accounts.           
No such account has such power with respect to more than five percent of             
the class of securities to which this Schedule 13G relates.                          

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                                                              

By signing below I certify that, to the best of my knowledge and belief,             
the securities referred to above were acquired and are held in the ordinary          
course of business and 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 this 13th day of January, 2020                                                 

ZUCKERMAN INVESTMENT GROUP, LLC                                                      

By:    /s/ Daniel R. Zuckerman                                                       
Name:  Daniel R. Zuckerman                                                           
Title: CEO                                                                           

ZIG Holding, LLC                                                                     
By: /s/ Daniel R. Zuckerman                                                          
Name:   Daniel R. Zuckerman                                                          
Its:  Manager                                                                        

/s/ Sherwin A. Zuckerman                                                             
Sherwin A. Zuckerman                                                                 

/s/ Daniel R. Zuckerman                                                              
Daniel R. Zuckerman                                                                  

INDEX TO EXHIBITS                                                                    

99.1  Joint Filing Agreement dated February 14, 2018, by and among Zuckerman         
Investment Group, LLC, ZIG Holding, LLC, Sherwin A. Zuckerman and Daniel R. Zuckerman
(Incorporated herein by reference to Exhibit 99.1 to the Schedule 13G filed          
with the SEC on February 14, 2018).                                                  

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13G/A’ Filing		Date		Other Filings
Filed on:		1/13/20
		12/31/19
		2/14/18		3,  5,  5/A,  SC 13D,  SC 13D/A,  SC 13G/A
				List all Filings