Schedule 13G
United States
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No.
01)*
- UNIFI INC
- (Name of Issuer)
- Common Stock
- (Title of Class of Securities)
- 904677101
- (CUSIP Number)
- December 31, 2008
- (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 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).
CUSIP No.
-
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
WC CAPITAL MANAGEMENT LLC
-
Check the Appropriate Box if a Member of a Group (See Instructions)
-
-
√
- SEC Use Only
-
Citizenship or Place of Organization
California
Number of Shares Beneficially Owned by Each Reporting Person With:
-
Sole Voting Power
0
-
Shared Voting Power
3,698,383
-
Sole Dispositive Power
0
-
Shared Dispositive Power
3,698,383
-
Aggregate Amount Beneficially Owned by Each Reporting Person
3,698,383
-
Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
-
Percent of Class Represented by Amount in Row 9
5.9%
-
Type of Reporting Person (See Instructions)
IA
Footnotes:
Reporting Person Type is IA and OO.
CUSIP No.
-
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Aaron H. Braun
-
Check the Appropriate Box if a Member of a Group (See Instructions)
-
-
√
- SEC Use Only
-
Citizenship or Place of Organization
United States
Number of Shares Beneficially Owned by Each Reporting Person With:
-
Sole Voting Power
0
-
Shared Voting Power
3,698,383
-
Sole Dispositive Power
0
-
Shared Dispositive Power
3,698,383
-
Aggregate Amount Beneficially Owned by Each Reporting Person
3,698,383
-
Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
-
Percent of Class Represented by Amount in Row 9
5.9%
-
Type of Reporting Person (See Instructions)
HC
Footnotes:
Reporting Person Type is HC and IN.
Item 1.
-
Name of Issuer
Unifi Inc.
-
Address of Issuer's Principal Executive Offices
7201 West Friendly Avenue
Greensboro, NC 27410
Item 2.
-
Name of Person Filing
WC Capital Management, LLC
Aaron H. Braun
-
Address of Principal Business Office or, if None, Residence
The principal address of the reporting person is 300 Drake Landing Boulevard, Suite 230, Greenbrea, CA 94904
-
Citizenship
Reference is made to Item 4 on pages 2, 3 and 4 of this Schedule 13G (this "Schedule"), which Items are incorporated by reference herein.
-
Title of Class of Securities
Common Stock
-
CUSIP Number
The Cusip # is 904677101
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:
-
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
-
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
-
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
-
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
-
√
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
-
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
-
√
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
-
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
-
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);
-
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
-
Amount beneficially owned:
3,698,383
-
Percent of class:
5.9%
-
Number of shares as to which the person has:
-
Sole power to vote or to direct the vote:
0
-
Shared power to vote or to direct the vote:
3,698,383
-
Sole power to dispose or to direct the disposition of:
0
-
Shared power to dispose or to direct the disposition of:
3,698,383
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 five percent of the class of securities, check the following
.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
WC Capital Management, LLC is an investment adviser whose clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities covered by this Schedule 13G. Mr. Braun is the manager and controlling owner of WC Capital Management, LLC. No individual client's holdings of such securities are more than five percent of the class.
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
The Filers are filing this Schedule 13G jointly, but not as a group, and each of them expressly disclaims membership in a group within the meaning of rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended. Each of WC Capital Management, LLC and Mr. Braun disclaims beneficial ownership of these securities except to the extent of that person’s pecuniary interest therein.
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.
- February 12, 2009
- Date
- WC Capital Management, LLC
/s/ Aaron H. Braun - Signature
- Aaron H. Braun
Manager - Name / Title
-
/s/ Aaron H. Braun
- Signature
- Aaron H. Braun
- Name / Title
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.
See §240.13d-7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
Unassociated Document
AGREEMENT
REGARDING JOINT FILING
OF
STATEMENT ON SCHEDULE 13D OR 13G
The
undersigned agree to file jointly with the Securities and Exchange Commission
(the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any
amendments or supplements thereto) required under section 13(d) of the
Securities Exchange Act of 1934, as amended, in connection with purchases by the
undersigned of the securities of any issuer. For that purpose, the
undersigned hereby constitute and appoint WC Capital Management, LLC, a
California limited liability company, as their true and lawful agent and
attorney-in-fact, with full power and authority for and on behalf of the
undersigned to prepare or cause to be prepared, sign, file with the SEC and
furnish to any other person all certificates, instruments, agreements and
documents necessary to comply with section 13(d) and section 16(a) of the
Securities Exchange Act of 1934, as amended, in connection with said purchases,
and to do and perform every act necessary and proper to be done incident to the
exercise of the foregoing power, as fully as the undersigned might or could do
if personally present.
Dated:
December 15, 2008
WC
CAPITAL MANAGEMENT, LLC
|
|
|
|
By: Aaron
Braun, Manager
|
Aaron
Braun
|