The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AEROJET ROCKETDYNE HLDGS INC COM 007800105 86,170 4,180,997 SH   OTR 1, 2, 3 0 4,180,997 0
AMBASSADORS GROUP INC COM 023177108 1,830 749,975 SH   OTR 1, 2, 3 0 749,975 0
API TECHNOLOGIES CORP COM 00187E203 28,700 11,434,278 SH   OTR 1, 2, 3 0 11,434,278 0
AVIAT NETWORKS INC COM 05366Y102 10,134 8,042,892 SH   OTR 1, 2, 3 0 8,042,892 0
EASTERN CO/THE COM 276317104 431 23,248 SH   OTR 1, 2, 3 0 23,248 0
FORBES ENERGY SERVICES LTD COM 345143101 5,175 3,749,991 SH   OTR 1, 2, 3 0 3,749,991 0
HANDY & HARMAN LTD COM 410315105 255,442 7,372,068 SH   OTR 1, 2, 3 0 7,372,068 0
JASON INDUSTRIES INC COM 471172106 3,197 469,405 SH   OTR 1, 2, 3 0 469,405 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L206 56,021 16,476,730 SH   OTR 1, 2, 3 0 16,476,730 0
NATURES SUNSHINE PRODS INC COM 639027101 480 34,912 SH   OTR 1, 2, 3 0 34,912 0
SL INDS INC COM 784413106 38,411 994,840 SH   OTR 1, 2, 3 0 994,840 0
STEEL PARTNERS HOLDINGS LP LTD PRTRSHIP U 85814R107 57,673 3,282,474 SH   OTR 1, 2, 3 0 3,282,474 0
TRIANGLE PETROLEUM CORP COM 89600B201 12,134 2,417,134 SH   OTR 1, 2, 3 0 2,417,134 0