SC 13G 1 universl.txt UNIVERSL ------------------------------- OMB APPROVAL ------------------------------- OMB Number: 3235-0145 Expires: February 28, 2009 Estimated average burden hours per response ....... 14.5 ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ________)* UNIVERSAL SECURITY INSTRUMENTS, INC. ------------------------------------------------------------------- (Name of Issuer) COMMON ------------------------------------------------------------------- (Title of Class of Securities) 913821302 ------------------------------------------------------------------- (CUSIP Number) AUGUST 31, 2007 ------------------------------------------------------------------- (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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. Page 1 of 5 SEC 1745 (8-07) CUSIP No.913821302 13G Page 2 of 5 Pages ________________________________________________________________________________ 1. NAMES OF REPORTING PERSONS FIRST MANHATTAN CO. ________________________________________________________________________________ 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 NEW YORK ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 5,500 SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 238,650 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER 285,775 REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 0 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 285,775 ________________________________________________________________________________ 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* (see instructions) [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.5% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* (see instructions) BD, IA, PN ________________________________________________________________________________ CUSIP No. 913821302 13G Page 3 of 5 Pages ________________________________________________________________________________ Item 1(a). Name of Issuer: UNIVERSAL SECURITY INSTRUMENTS, INC. ________________________________________________________________________________ Item 1(b). Address of Issuer's Principal Executive Offices: 7-A GWYNNS MILL COURT OWINGS MILLS, MD 21117 ________________________________________________________________________________ Item 2(a). Name of Person Filing: FIRST MANHATTAN CO. ________________________________________________________________________________ Item 2(b). Address of Principal Business Office, or if None, Residence: 437 MADISON AVENUE NEW YORK, NY 10022 ________________________________________________________________________________ Item 2(c). Citizenship: U.S.A. ________________________________________________________________________________ Item 2(d). Title of Class of Securities: COMMON ________________________________________________________________________________ Item 2(e). CUSIP Number: 913821302 ________________________________________________________________________________ Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-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. 78o). (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 Section 240.13d-1(b)(1) (ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Section 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) [_] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). CUSIP No. 913821302 13G Page 4 of 5 Pages ________________________________________________________________________________ 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: 285,775 (b) Percent of class: 11.5% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 5,500 (ii) Shared power to vote or to direct the vote 238,650 (iii) Sole power to dispose or to direct the disposition of 285,775 (iv) Shared power to dispose or to direct the disposition of 0 ________________________________________________________________________________ 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. 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 ________________________________________________________________________________ Item 9. Notice of Dissolution of Group. NOT APPLICABLE ________________________________________________________________________________ Item 10. Certifications. (a) The following certification shall be included if the statement is filed pursuant to Section 240.13d-1(b): 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. (b) The following certification shall be included if the statement is filed pursuant to Section 240.13d-1(c): 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. 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. SEPTEMBER 28, 2007 ---------------------------------------- (Date) /s/ NEAL K. STEARNS ---------------------------------------- (Signature) NEAL K. STEARNS SENIOR MANAGING DIRECTOR ---------------------------------------- (Name/Title) Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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).