SCHEDULE 13G |
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CUSIP No. |
89336Q100 |
Page | 2 |
of | 5 |
Pages |
1 | NAME OF REPORTING PERSON Lloyd I. Miller, III |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP* |
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(a) o | |||||
(b) o | |||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States | |||||
5 | SOLE VOTING POWER | ||||
NUMBER OF | 2,970,676 | ||||
SHARES | 6 | SHARED VOTING POWER | |||
BENEFICIALLY | |||||
OWNED BY | 2,654,702 | ||||
EACH | 7 | SOLE DISPOSITIVE POWER | |||
REPORTING | |||||
PERSON | 2,970,676 | ||||
WITH | 8 | SHARED DISPOSITIVE POWER | |||
2,654,702 | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
5,625,378 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ||||
o | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
18.0% | |||||
12 | TYPE OF REPORTING PERSON | ||||
IN-IA-OO** |
Item 1(a).
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Name of Issuer: | Trans World Entertainment Corporation |
Item 1(b).
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Address of Issuerss Principal Executive Offices: | 38 Corporate Circle | ||
Albany, New York 12203 |
Item 2(a).
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Name of Person Filing: | Lloyd I. Miller, III |
Item 2(b).
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Address of Principal Business Office or, if None, Residence: | 4550 Gordon Drive | ||
Naples, Florida 34102 |
Item 2(c).
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Citizenship: | U.S.A. |
Item 2(d).
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Title of Class of Securities: | Common Stock |
Item 2(e).
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CUSIP Number: | 89336Q100 |
Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: |
Not Applicable, this statement is filed pursuant to 13d-1(c) |
Item 4. | OWNERSHIP: The reporting person has sole voting and dispositive power with respect to 2,970,676 shares of the reported securities as (i) manager of a limited liability company that is the general partner of a certain limited partnership; (ii) custodian of an account established pursuant to the Florida Uniform Gift to Minors Act; (iii) trustee of certain generation skipping trusts; and (iv) an individual. The reporting person has shared voting and dispositive power with respect to 2,654,702 shares of the reported securities as (i) investment advisor to the trustee of certain family trusts; (ii) with respect to shares owned by the reporting persons wife; and (iii) investment advisor to the reporting persons ex-wife. |
(a) | 5,625,378 | ||
(b) | 18.0% | ||
(c) | (i) sole voting power: 2,970,676 |
(ii) | shared voting power: 2,654,702 | ||
(iii) | sole dispositive power: 2,970,676 | ||
(iv) | shared dispositive power: 2,654,702 |
Item 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: |
Not Applicable |
Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: |
Item 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: |
Not Applicable |
Page 4 of 5
Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: |
Not Applicable |
Item 9. | NOTICE OF DISSOLUTION OF GROUP: |
Not Applicable |
Page 5 of 5
Dated: February 12, 2009 | /s/ Lloyd I. Miller, III | |||
Lloyd I. Miller, III | ||||