Schedule 13G/A | Page 1 of 8 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Saga Communications, Inc.
(Name of Issuer)
Class A Common Stock, par value $.01 per share
(Title of Class of Securities)
786598300
(CUSIP Number)
December 31, 2022
(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) |
x | 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 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).
Schedule 13G/A | Page 2 of 9 |
CUSIP No. 786598300
1. | Names of Reporting Persons. | |
Edward K. Christian Trust | ||
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: Florida |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power: 783,594
|
6 | Shared Voting Power: 0
| |
7. | Sole Dispositive Power: 783,594
| |
8. | Shared Dispositive Power: 0 |
9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 783,594 |
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |
11. | Percent of Class Represented by Amount in Row (9): 12.9%* |
12. | Type of Reporting Persons (See Instructions): OO |
* The percentage is calculated based upon total outstanding shares of 6,052,569 as of November 5, 2022, as set forth in the Issuer’s Form 10-Q, filed on November 9, 2022.
Schedule 13G/A | Page 3 of 9 |
1. | Names of Reporting Persons. | |
Michael L. Dallaire | ||
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 |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power: 0
|
6 | Shared Voting Power: 968,690
| |
7. | Sole Dispositive Power: 0
| |
8. | Shared Dispositive Power: 968,690 |
9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 968,690* |
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |
11. | Percent of Class Represented by Amount in Row (9): 16.0%** |
12. | Type of Reporting Persons (See Instructions): IN |
* Includes 185,096 shares that are managed by the Edward K. Christian estate administration.
** The percentage is calculated based upon total outstanding shares of 6,052,569 as of November 5, 2022, as set forth in the Issuer’s Form 10-Q, filed on November 9, 2022.
Schedule 13G/A | Page 4 of 9 |
1. | Names of Reporting Persons. | |
Judith A. Christian | ||
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 |
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power: 0
|
6 | Shared Voting Power: 968,690
| |
7. | Sole Dispositive Power: 0
| |
8. | Shared Dispositive Power: 968,690 |
9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 968,690 |
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |
11. | Percent of Class Represented by Amount in Row (9): 16.0%* |
12. | Type of Reporting Persons (See Instructions): IN |
* Includes 185,096 shares that are managed by the Edward K. Christian estate administration.
** The percentage is calculated based upon total outstanding shares of 6,052,569 as of November 5, 2022, as set forth in the Issuer’s Form 10-Q, filed on November 9, 2022.
Schedule 13G/A | Page 5 of 9 |
Item 1. (a) | Name of Issuer: Saga Communications, Inc. |
Item 1. (b) | Address of Issuer's Principal Executive Offices: 73 Kercheval Avenue Grosse Pointe Farms, Michigan. |
Item 2. (a) | Name of Persons Filing: |
1) | Edward K. Christian Trust (“Trust”); |
2) | Michael Dallaire; and |
3) | Judith Christian. |
Item 2. (b) | Address of Principal Business Office or, if none, Residence: |
The principal business address of each of the Reporting Persons is 500 Woodward Avenue, Suite 4000 Detroit MI 48226.
Schedule 13G/A | Page 6 of 9 |
Item 2. (c) | Citizenship: |
The Edward K. Christian Trust is formed in the state of Florida. Michael Dallaire and Judith Christian are each citizens of the United States of America.
Item 2. (d) | Title of Class of Securities: Class A Common Stock |
Item 2. (e) | CUSIP Number: 786598300 |
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:
Not applicable
Item 4. Ownership
Reference is made to Items 5-11 on the preceding pages of this Schedule 13G.
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 5 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 or Control Person
Not applicable.
Item 8. | Identification and Classification of Members of the Group |
Not applicable.
Schedule 13G/A | Page 7 of 9 |
Item 9. | Notice of Dissolution of Group |
Not applicable.
Item 10. | Certifications |
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.
Schedule 13G/A | Page 8 of 9 |
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 14, 2023
Edward K. Christian Trust | ||
/s/ Michael L. Dallaire | ||
Name: Michael L. Dallaire | ||
Title: Co-Trustee | ||
Michael L. Dallaire | ||
By: | /s/ Michael L. Dallaire | |
Judith A. Christian | ||
By: | /s/ Judith A. Christian |
Schedule 13G/A | Page 9 of 9 |
Joint Filing Agreement Pursuant to Rule 13d-1
This agreement is made pursuant to Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934 (the “Act”) by and among the parties listed below, each referred to herein as a “Joint Filer”. The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.
Dated: February 14, 2023
Edward K. Christian Trust | ||
/s/ Michael L. Dallaire | ||
Name: Michael L. Dallaire | ||
Title: Co-Trustee | ||
Michael L. Dallaire | ||
By: | /s/ Michael L. Dallaire | |
Judith A. Christian | ||
By: | /s/ Judith A. Christian |