ITEM 1(a). |
NAME OF ISSUER: |
Metalico, Inc. |
ITEM 1(b). |
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: |
186 North Avenue EastCranford, New Jersey 07016 |
ITEM 2(a). |
NAME OF PERSON FILING: |
Corre Opportunities Qualified Master Fund, LPCorre Opportunities Fund, LPCorre Partners Advisors, LLCCorre Partners Management, LLCJohn BarrettEric Soderlund (collectively the "Reporting Persons") |
ITEM 2(b). |
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: |
The address of each of the Reporting Persons is:1370 Avenue of the Americas29th FloorNew York, NY 10019 |
ITEM 2(c). |
CITIZENSHIP: |
Corre Opportunities Qualified Master Fund, LP - Cayman IslandsCorre Opportunities Fund, LP - DelawareCorre Partners Advisors, LLC - DelawareCorre Partners Management, LLC - DelawareJohn Barrett - USAEric Soderlund - USA |
ITEM 2(d). |
TITLE OF CLASS OF SECURITIES: |
Common Stock |
ITEM 2(e). |
CUSIP NUMBER: |
591176102 |
ITEM 3. |
IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c)
CHECK WHETHER THE PERSON FILING IS A:
|
(a) |
[ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); |
(b) |
[ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) |
[ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) |
[ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
(e) |
[X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); |
(f) |
[ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); |
(g) |
[ ] A parent holding company or control person in accordance with 240.13d-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 (15 U.S.C. 80a-3); |
(j) |
[ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J);
|
(k) |
[ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(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.
|
(a) |
Amount beneficially owned: |
Corre Opportunities Qualified Master Fund, LP - 6,097,722Corre Opportunities Fund, LP - 860,190Corre Partners Advisors, LLC - 6,957,912Corre Partners Management, LLC - 6,957,912John Barrett - 6,957,912Eric Soderlund - 6,957,912 |
(b) |
Percent of class: |
Corre Opportunities Qualified Master Fund, LP - 8.7%Corre Opportunities Fund, LP - 1.2%Corre Partners Advisors, LLC - 9.9%Corre Partners Management, LLC - 9.9%John Barrett - 9.9%Eric Soderlund - 9.9% |
(c) |
Number of shares as to which the person has: |
(i) Sole power to vote or to direct the vote: |
Corre Opportunities Qualified Master Fund, LP - 0Corre Opportunities Fund, LP - 0Corre Partners Advisors, LLC - 0Corre Partners Management, LLC - 0John Barrett - 0Eric Soderlund - 0 |
(ii) Shared power to vote or to direct the vote: |
Corre Opportunities Qualified Master Fund, LP - 6,097,722Corre Opportunities Fund, LP - 860,190Corre Partners Advisors, LLC - 6,957,912Corre Partners Management, LLC - 6,957,912John Barrett - 6,957,912Eric Soderlund - 6,957,912 |
(iii) Sole power to dispose or to direct the disposition of: |
Corre Opportunities Qualified Master Fund, LP - 0Corre Opportunities Fund, LP - 0Corre Partners Advisors, LLC - 0Corre Partners Management, LLC - 0John Barrett - 0Eric Soderlund - 0 |
(iv) Shared power to dispose or to direct the disposition of: |
Corre Opportunities Qualified Master Fund, LP - 6,097,722Corre Opportunities Fund, LP - 860,190Corre Partners Advisors, LLC - 6,957,912Corre Partners Management, LLC - 6,957,912John Barrett - 6,957,912Eric Soderlund - 6,957,912Corre Opportunities Qualified Master Fund, LP and Corre Opportunities Fund, LP (the "Funds") each has the authority to dispose of and vote the shares of Common Stock directly owned by it, which power may be exercised by the General Partner of the Funds, Corre Partners Advisors, LLC (the "General Partner") and by Corre Partners Management, LLC, an affiliate of the General Partner, which is the investment adviser to the Funds (the "Investment Adviser"). John Barrett and Eric Soderlund are each Managing Members of the General Partner and the Investment Adviser (the "Managing Members"), and as such each has shared authority to dispose of and vote the shares of Common Stock. Based on Rule 13d-3 of the Securities Exchange Act of 1934, as amended, the General Partner, the Investment Adviser, and the Managing Members may be deemed to beneficially own the shares of Common Stock directly held by the Funds, but do not own any shares of Common Stock. |