SC 13D 1 e27369sc13d.txt SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Syms Corp. (Name of Issuer) Common Stock, par value $0.05 per share (Title of Class of Securities) 871551107 (CUSIP Number) Mr. James A. Mitarotonda c/o Barington Companies Equity Partners, L.P. 888 Seventh Avenue, 17th Floor New York, NY 10019 (212) 974-5700 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 9, 2007 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following box: |_|. (Continued on following pages) (Page 1 of 31 Pages) SCHEDULE 13D CUSIP No. 871551107 Page 2 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Companies Equity Partners, L.P. 13-4088890 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 259,978 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 259,978 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 259,978 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.77% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 3 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Companies Investors, LLC 13-4126527 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 259,978 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 259,978 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 259,978 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.77% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 4 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Investments, L.P. 20-2871525 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 113,730 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 113,730 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 113,730 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.77% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 5 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Companies Advisors, LLC 20-0327470 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 113,730 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 113,730 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 113,730 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.77% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 6 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Benchmark Opportunitas Fund plc -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Ireland -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 70,600 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 70,600 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 70,600 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.48% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 7 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Offshore Advisors, LLC 20-4797640 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 70,600 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 70,600 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 70,600 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.48% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IA, OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 8 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Companies Offshore Fund, Ltd. -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 306,536 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 306,536 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 306,536 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.09% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 9 of 31 Pages ------------------- ------------------ 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Offshore Advisors II, LLC 20-8325785 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 306,536 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 306,536 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 306,536 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.09% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IA, OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 10 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Barington Capital Group, L.P. 13-3635132 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION New York -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 750,844 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 750,844 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 750,844 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.11% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 11 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) LNA Capital Corp. 13-3635168 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 750,844 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 750,844 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 750,844 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.11% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 12 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) James A. Mitarotonda -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 750,844 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 750,844 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 750,844 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.11% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 13 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) RJG Capital Partners, L.P. 20-0133443 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 1,900 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 1,900 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,900 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.01% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 14 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) RJG Capital Management, LLC 20-0027325 -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 1,900 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 1,900 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,900 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.01% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO -------------------------------------------------------------------------------- SCHEDULE 13D CUSIP No. 871551107 Page 15 of 31 Pages ------------------- ------------------- 1) NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ronald J. Gross -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| -------------------------------------------------------------------------------- 3) SEC USE ONLY -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS OO -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 1,900 SHARES ------------------------------------------------------------ BENEFICIALLY 8) SHARED VOTING POWER OWNED BY none EACH ------------------------------------------------------------ REPORTING 9) SOLE DISPOSITIVE POWER PERSON 1,900 WITH ------------------------------------------------------------ 10) SHARED DISPOSITIVE POWER none -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,900 -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.01% -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- Page 16 of 31 Pages Item 1. Security and Issuer. This statement on Schedule 13D (the "Statement") relates to the common stock, par value $0.05 per share (the "Common Stock"), of Syms Corp., a New Jersey corporation (the "Company"). The principal executive offices of the Company are located at Syms Way, Secaucus, New Jersey 07094. Item 2. Identity and Background. (a) - (c) This Statement is being filed by Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC, Barington Investments, L.P., Barington Companies Advisors, LLC, Benchmark Opportunitas Fund plc, Barington Offshore Advisors, LLC, Barington Companies Offshore Fund, Ltd., Barington Offshore Advisors II, LLC, Barington Capital Group, L.P., LNA Capital Corp., James A. Mitarotonda, RJG Capital Partners, L.P., RJG Capital Management, LLC and Ronald J. Gross (each, a "Reporting Entity" and, collectively, the "Reporting Entities"). As of May 17, 2007, the Reporting Entities are the beneficial owners of, in the aggregate, 752,744 shares of Common Stock, representing approximately 5.12% of the shares of Common Stock presently outstanding. Barington Companies Equity Partners, L.P. is a Delaware limited partnership. The principal business of Barington Companies Equity Partners, L.P. is acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of Barington Companies Equity Partners, L.P. is 888 Seventh Avenue, 17th Floor, New York, New York 10019. Barington Investments, L.P. is a Delaware limited partnership. The principal business of Barington Investments, L.P. is acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of Barington Investments, L.P. is 888 Seventh Avenue, 17th Floor, New York, New York 10019. Benchmark Opportunitas Fund plc is a public limited company incorporated under the laws of Ireland as an investment company. The principal business of Benchmark Opportunitas Fund plc is acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of Benchmark Opportunitas Fund plc is Styne House, 2nd Floor, Upper Hatch Street, Dublin 2, Ireland. The directors of Benchmark Opportunitas Fund plc and their principal occupations and business addresses are set forth on Schedule I and incorporated by reference in this Item 2. Barington Companies Offshore Fund, Ltd. is an international business company organized under the laws of the British Virgin Islands. The principal business of Barington Companies Offshore Fund, Ltd. is acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of Barington Companies Offshore Fund, Ltd. is c/o Bison Financial Services Limited, Bison Court, Road Town, Tortola, British Virgin Islands. The executive officers and directors of Barington Companies Offshore Fund, Ltd. and their principal occupations and business addresses are set forth on Schedule II and incorporated by reference in this Item 2. Page 17 of 31 Pages The general partner of Barington Companies Equity Partners, L.P. is Barington Companies Investors, LLC. Barington Companies Investors, LLC is a Delaware limited liability company. The principal business of Barington Companies Investors, LLC is serving as the general partner of Barington Companies Equity Partners, L.P. The address of the principal business and principal office of Barington Companies Investors, LLC is 888 Seventh Avenue, 17th Floor, New York, New York 10019. James A. Mitarotonda is the Managing Member of Barington Companies Investors, LLC. The general partner of Barington Investments, L.P. is Barington Companies Advisors, LLC. Barington Companies Advisors, LLC is a Delaware limited liability company. The principal business of Barington Companies Advisors, LLC is serving as the general partner of Barington Investments, L.P. The address of the principal business and principal office of Barington Companies Advisors, LLC is 888 Seventh Avenue, 17th Floor, New York, New York 10019. James A. Mitarotonda is the Managing Member of Barington Companies Advisors, LLC. The investment advisor of Benchmark Opportunitas Fund plc is Barington Offshore Advisors, LLC. Barington Offshore Advisors, LLC is a Delaware limited liability company. The principal business of Barington Offshore Advisors, LLC is serving as the investment advisor of Benchmark Opportunitas Fund plc. The address of the principal business and principal office of Barington Offshore Advisors, LLC is 888 Seventh Avenue, 17th Floor, New York, New York 10019. James A. Mitarotonda is the Managing Member of Barington Offshore Advisors, LLC. The investment advisor of Barington Companies Offshore Fund, Ltd. is Barington Offshore Advisors II, LLC. Barington Offshore Advisors II, LLC is a Delaware limited liability company. The principal business of Barington Offshore Advisors II, LLC is serving as the investment advisor of Barington Companies Offshore Fund, Ltd. The address of the principal business and principal office of Barington Offshore Advisors II, LLC is 888 Seventh Avenue, 17th Floor, New York, New York 10019. James A. Mitarotonda is the Managing Member of Barington Offshore Advisors II, LLC. Barington Companies Investors, LLC, Barington Companies Advisors, LLC, Barington Offshore Advisors, LLC and Barington Offshore Advisors II, LLC are each majority-owned subsidiaries of Barington Capital Group, L.P. Barington Capital Group, L.P. is a New York limited partnership. The principal business of Barington Capital Group, L.P. is acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of Barington Capital Group, L.P. is 888 Seventh Avenue, 17th Floor, New York, New York 10019. The general partner of Barington Capital Group, L.P. is LNA Capital Corp. LNA Capital Corp. is a Delaware corporation. The principal business of LNA Capital Corp. is serving as the general partner of Barington Capital Group, L.P. The address of the principal business and principal office of LNA Capital Corp. is c/o Barington Capital Group, L.P., 888 Seventh Avenue, 17th Floor, New York, New York 10019. James A. Mitarotonda is the sole stockholder and director of LNA Capital Corp. The executive officers of LNA Capital Corp. and their principal occupations and business addresses are set forth on Schedule III and incorporated by reference in this Item 2. The principal occupation of Mr. Mitarotonda is serving as the Chairman and Chief Executive Officer of Barington Capital Group, L.P. The business address of Mr. Mitarotonda is c/o Barington Capital Group, L.P., 888 Seventh Avenue, 17th Floor, New York, New York 10019. Page 18 of 31 Pages RJG Capital Partners, L.P. is a Delaware limited partnership formed to engage in the business of acquiring, holding and disposing of investments in various companies. The address of the principal business and principal office of RJG Capital Partners, L.P. is 11517 West Hill Drive, North Bethesda, Maryland 20852. The general partner of RJG Capital Partners, L.P. is RJG Capital Management, LLC. RJG Capital Management, LLC is a Delaware limited liability company formed to be the general partner of RJG Capital Partners, L.P. The address of the principal business and principal office of RJG Capital Management, LLC is 11517 West Hill Drive, North Bethesda, Maryland 20852. Ronald J. Gross is the Managing Member of RJG Capital Management, LLC. The business address of Mr. Gross is c/o RJG Capital Management, LLC, 11517 West Hill Drive, North Bethesda, Maryland 20852. The Reporting Entities do not believe that certain of the foregoing information is called for by the Items of Schedule 13D and are disclosing it for supplemental informational purposes only. Information with respect to each of the Reporting Entities is given solely by such Reporting Entity and no Reporting Entity shall have responsibility for the accuracy or completeness of information supplied by another Reporting Entity. (d) - (e) During the last five years, none of the Reporting Entities or any other person identified in response to this Item 2 was convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Each natural person identified in Item 2 is a citizen of the United States, other than Graham Cook, a director of Barington Companies Offshore Fund, Ltd., who is a citizen of the United Kingdom, Jonathan Clipper, a director of Barington Companies Offshore Fund, Ltd., who is a citizen of Bermuda and the United Kingdom, Jim Cleary, a director of Benchmark Opportunitas Fund plc, who is a citizen of Ireland, Andreas Jeschko, a director of Benchmark Opportunitas Fund plc, who is a citizen of Austria, Karen Kisling, a director of Benchmark Opportunitas Fund plc, who is a citizen of Austria, and Carl O'Sullivan, a director of Benchmark Opportunitas Fund plc, who is a citizen of Ireland. Item 3. Source and Amount of Funds or Other Consideration. The reporting entities purchased an aggregate of 760,539 shares of Common Stock. The amount of funds expended for such purchases was approximately $2,372,973.15 by Barington Companies Equity Partners, L.P., $1,546,894.97 by Barington Investments, L.P., $1,329,466.13 by Benchmark Opportunitas Fund plc, $4,419,667.33 by Barington Companies Offshore Fund, Ltd. and $22,705 by RJG Capital Partners, L.P. Item 4. Purpose of Transaction. Each of the Reporting Entities acquired beneficial ownership of the shares of Common Stock to which this Statement relates in order to obtain a significant equity position in the Company, the Common Stock of which, in the opinion of the Reporting Entities, has been undervalued. Page 19 of 31 Pages The Reporting Entities consider their equity position to be for investment purposes only. Each of the Reporting Entities may acquire additional shares of Common Stock or sell or otherwise dispose of any or all of the shares of Common Stock beneficially owned by it, in the open market, in privately negotiated transactions or otherwise. The Reporting Entities may also take any other action with respect to the Company or any of its debt or equity securities in any manner permitted by law. Except as set forth in this Item 4, none of the Reporting Entities have any present plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of the instructions to Item 4 of Schedule 13D. The Reporting Entities intend to review their investment in the Company on a continuing basis. Depending on various factors including, without limitation, the willingness of the Company's management and Board of Directors to meet with and consider suggestions of the Reporting Entities, the Company's financial position and business strategy, the price levels of the shares of Common Stock, conditions in the securities markets and general economic and industry conditions, the Reporting Entities may in the future take such actions with respect to their investment in the Company as they deem appropriate including, without limitation, making proposals to the Company concerning changes to the capitalization, ownership structure or operations of the Company, purchasing additional shares of Common Stock, selling some or all of their shares of Common Stock, making an offer to purchase the Company, seeking Board representation or changing their intention with respect to any and all matters referred to in this Item 4. Item 5. Interest in Securities of the Issuer. (a) As of May 17, 2007, Barington Companies Equity Partners, L.P. beneficially owns an aggregate of 259,978 shares of Common Stock, representing approximately 1.77% of the shares of Common Stock presently outstanding based upon the 14,700,579 shares of Common Stock reported by the Company to be issued and outstanding as of April 18, 2007 in its Form 10-K filed with the Securities and Exchange Commission on April 27, 2007 (the "Issued and Outstanding Shares"). As of May 17, 2007, Barington Investments, L.P. beneficially owns 113,730 shares of Common Stock, constituting approximately 0.77% of the Issued and Outstanding Shares. As of May 17, 2007, Benchmark Opportunitas Fund plc beneficially owns 70,600 shares of Common Stock, constituting approximately 0.48% of the Issued and Outstanding Shares. As of May 17, 2007, Barington Companies Offshore Fund, Ltd. beneficially owns 306,536 shares of Common Stock, constituting approximately 2.09% of the Issued and Outstanding Shares. As the general partner of Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC may be deemed to beneficially own the 259,978 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., representing approximately 1.77% of the Issued and Outstanding Shares. As the general partner of Barington Investments, L.P., Barington Companies Advisors, LLC may be deemed to beneficially own the 113,730 shares of Common Stock beneficially owned by Barington Investments, L.P., representing approximately 0.77% of the Issued and Outstanding Shares. As the investment advisor to Benchmark Opportunitas Fund plc, Barington Offshore Advisors, LLC may be deemed to beneficially own the 70,600 shares of Common Stock beneficially owned by Benchmark Opportunitas Fund plc, representing approximately 0.48% of the Issued and Outstanding Shares. As the investment advisor to Barington Companies Offshore Fund, Ltd. Barington Offshore Advisors II, LLC may be deemed to beneficially own the 306,536 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd. representing approximately 2.09% of the Issued and Outstanding Page 20 of 31 Pages Shares. As the majority member of Barington Companies Advisors, LLC, Barington Companies Investors, LLC, Barington Offshore Advisors, LLC and Barington Offshore Advisors II, LLC, Barington Capital Group, L.P. may be deemed to beneficially own the 259,978 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 113,730 shares of Common Stock beneficially owned by Barington Investments, L.P., the 70,600 shares of Common Stock beneficially owned by Benchmark Opportunitas Fund plc and the 306,536 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., representing an aggregate of 750,844 shares, constituting approximately 5.11% of the Issued and Outstanding Shares. As the general partner of Barington Capital Group, L.P., LNA Capital Corp. may be deemed to beneficially own the 259,978 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 113,730 shares of Common Stock beneficially owned by Barington Investments, L.P., the 70,600 shares of Common Stock beneficially owned by Benchmark Opportunitas Fund plc and the 306,536 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., representing an aggregate of 750,844 shares of Common Stock, constituting approximately 5.11% of the Issued and Outstanding Shares. As the sole stockholder and director of LNA Capital Corp., James A. Mitarotonda may be deemed to beneficially own the 259,978 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 113,730 shares of Common Stock beneficially owned by Barington Investments, L.P., the 70,600 shares of Common Stock beneficially owned by Benchmark Opportunitas Fund plc and the 306,536 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., representing an aggregate of 750,844 shares of Common Stock, constituting approximately 5.11% of the Issued and Outstanding Shares. Mr. Mitarotonda has sole voting and dispositive power with respect to the 259,978 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 113,730 shares of Common Stock beneficially owned by Barington Investments, L.P., the 70,600 shares of Common Stock beneficially owned by Benchmark Opportunitas Fund plc and the 306,536 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd. Mr. Mitarotonda disclaims beneficial ownership of any such shares except to the extent of his pecuniary interest therein. As of May 17, 2007, RJG Capital Partners, L.P. beneficially owns 1,900 shares of Common Stock, constituting approximately 0.01% of the Issued and Outstanding Shares. As the general partner of RJG Capital Partners, L.P., RJG Capital Management, LLC may be deemed to beneficially own the 1,900 shares owned by RJG Capital Partners, L.P., constituting approximately 0.01% of the Issued and Outstanding Shares. As the managing member of RJG Capital Management, LLC, which in turn is the general partner of RJG Capital Partners, L.P., Mr. Gross may be deemed to beneficially own the 1,900 shares owned by RJG Capital Partners, L.P., constituting approximately 0.01% of the Issued and Outstanding Shares. Mr. Gross has sole voting and dispositive power with respect to the 1,900 shares owned by RJG Capital Partners, L.P. by virtue of his authority to vote and dispose of such shares. Mr. Gross disclaims beneficial ownership of any such shares except to the extent of his pecuniary interest therein. The Reporting Entities do not believe that certain of the foregoing information is called for by the Items of Schedule 13D and are disclosing it for supplemental informational purposes only. Information with respect to each of the Reporting Entities is given solely by such Reporting Entity and no Reporting Entity shall have responsibility for the accuracy or completeness of information supplied by another Reporting Entity. (b) Each of the other Reporting Entities may be deemed to have sole voting and dispositive power with respect to the shares of Common Stock each reports as beneficially owned by such person, regardless of the fact that multiple Reporting Entities within the same Page 21 of 31 Pages chain of ownership report sole voting and dispositive power with respect to such shares. Each such Reporting Entity reports sole voting and dispositive power with respect to such shares based on such person's relationship to the other Reporting Entities within the same chain of ownership. Except to the extent expressly stated herein, each Reporting Entity disclaims beneficial ownership of any shares of Common Stock beneficially owned by any other Reporting Entity. (c) Information concerning all transactions in shares of Common Stock effected by the Reporting Persons during the past 60 days are described in Schedule IV attached hereto and incorporated herein by reference. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understanding or Relationships With R espect to Securities of the Issuer. The Reporting Entities are parties to an agreement with respect to the joint filing of this Statement and any amendments thereto, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein. Barington Companies Advisors, LLC is compensated for its services as the general partner of Barington Investments, L.P. by an affiliate of Millennium Partners, L.P., the limited partner of Barington Investments, L.P., pursuant to a separate agreement. Barington Offshore Advisors, LLC is compensated for its services as the investment advisor of Benchmark Opportunitas Fund plc by the manager of such fund pursuant to a separate agreement. Affiliates of Barington Capital Group, L.P. pay a monthly consulting fee to RJG Capital Management, LLC for certain consulting services RJG Capital Management, LLC provides to Barington Companies Equity Partners, L.P. The arrangement with respect to the foregoing is pursuant to a verbal agreement between the parties. Item 7. Material to be Filed as Exhibits. ------------ ------------------------------------------------------------------- 99.1 Agreement of Joint Filing among Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC, Barington Investments, L.P., Barington Companies Advisors, LLC, Benchmark Opportunitas Fund plc, Barington Offshore Advisors, LLC, Barington Companies Offshore Fund, Ltd., Barington Offshore Advisors II, LLC, Barington Capital Group, L.P., LNA Capital Corp., James A. Mitarotonda, RJG Capital Partners, L.P., RJG Capital Management, LLC and Ronald J. Gross dated May 18, 2007. ------------ ------------------------------------------------------------------- Page 22 of 31 Pages SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this Statement is true, complete and correct. Dated: May 18, 2007 BARINGTON COMPANIES EQUITY PARTNERS, L.P. By: Barington Companies Investors, LLC, its general partner By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BARINGTON COMPANIES INVESTORS, LLC By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BARINGTON INVESTMENTS, L.P. By: Barington Companies Advisors, LLC, its general partner By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BARINGTON COMPANIES ADVISORS, LLC By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BENCHMARK OPPORTUNITAS FUND PLC By: Barington Offshore Advisors, LLC By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member Page 23 of 31 Pages BARINGTON OFFSHORE ADVISORS, LLC By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BARINGTON COMPANIES OFFSHORE FUND, LTD. By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: President BARINGTON OFFSHORE ADVISORS II, LLC By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: Managing Member BARINGTON CAPITAL GROUP, L.P. By: LNA Capital Corp., its general partner By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: President and CEO LNA CAPITAL CORP. By: /s/ James A. Mitarotonda -------------------------------------- Name: James A. Mitarotonda Title: President and CEO /s/ James A. Mitarotonda ------------------------------------------ James A. Mitarotonda Page 24 of 31 Pages RJG CAPITAL PARTNERS, L.P. By: RJG Capital Management, LLC, its general partner By: /s/ Ronald J. Gross -------------------------------------- Name: Ronald J. Gross Title: Managing Member RJG CAPITAL MANAGEMENT, LLC By: /s/ Ronald J. Gross -------------------------------------- Name: Ronald J. Gross Title: Managing Member /s/ Ronald J. Gross ------------------------------------------ Ronald J. Gross Page 25 of 31 Pages SCHEDULE I Directors of Benchmark Opportunitas Fund plc Name and Position Principal Occupation Principal Business Address ----------------- -------------------- -------------------------- Sebastian E. Cassetta Senior Managing Director 888 Seventh Avenue Director and Chief Operating Officer 17th Floor of Barington Capital New York, NY 10019 Group, L.P. Jim Cleary Principal of Cleary Oriel, 25 Revington Park, Director Consulting North Circular Road, Limerick, Ireland Andreas Jeschko Chief Executive Officer 23 Regent House, Director of Benchmark Advisory Bisazza Street, SLM15, Limited and Benchmark Sliema, Malta Capital Management GmbH Karin Kisling Chief Investment Officer 23 Regent House, Director of Benchmark Advisory Bisazza Street, SLM15, Limited Sliema, Malta Carl O'Sullivan Partner, Arthur Cox Earlsfort Centre Director Earlsfort Terrace Dublin 2 Ireland Page 26 of 31 Pages SCHEDULE II Directors and Officers of Barington Companies Offshore Fund, Ltd. Name and Position Principal Occupation Principal Business Address ----------------- -------------------- -------------------------- James A. Mitarotonda Chairman and Chief 888 Seventh Avenue Director and President Executive Officer of 17th Floor Barington Capital New York, NY 10019 Group, L.P. Sebastian E. Cassetta Senior Managing Director 888 Seventh Avenue Director and Chief Operating 17th Floor Officer of Barington New York, NY 10019 Capital Group, L.P. Jonathan Clipper Managing Director of 7 Reid Street, Suite 108 Director Bedford Management Ltd. Hamilton HM11, Bermuda Graham Cook Director/Manager, Bison Court Director Corporate Services of P.O. Box 3460 Byson Financial Road Town, Tortola Services, Ltd. British Virgin Islands Citigroup Fund Fund Administration Washington Mall 1, 3rd Flr. Services, Ltd. 22 Church Street Secretary Hamilton HM11, Bermuda Melvyn Brunt Chief Financial Officer 888 Seventh Avenue Treasurer of Barington Capital 17th Floor Group, L.P. New York, NY 10019 Page 27 of 31 Pages SCHEDULE III Officers of LNA Capital Corp. Name and Position Principal Occupation Principal Business Address ----------------- -------------------- -------------------------- James A. Mitarotonda Chairman and Chief 888 Seventh Avenue President and CEO Executive Officer of 17th Floor Barington Capital New York, NY 10019 Group, L.P. Sebastian E. Cassetta Senior Managing Director 888 Seventh Avenue Secretary and Chief Operating 17th Floor Officer of Barington New York, NY 10019 Capital Group, L.P. Melvyn Brunt Chief Financial Officer 888 Seventh Avenue Treasurer of Barington Capital 17th Floor Group, L.P. New York, NY 10019 Page 28 of 31 Pages SCHEDULE IV This schedule sets forth information with respect to each purchase of Common Stock which was effectuated by a Reporting Entity during the past 60 days. All transactions were effectuated in the open market through a broker. Shares purchased by Benchmark Opportunitas Fund plc Number of Date Shares Price Per Share Cost(*) ---- --------- --------------- ----------- 5/9/2007 8,500 $17.866 $151,861.00 5/10/2007 7,852 $17.766 $139,498.63 5/11/2007 3,648 $17.977 $ 65,580.10 Shares purchased and sold by Barington Companies Offshore Fund, Ltd. Number of Date Shares Price Per Share Cost(*) ---- --------- --------------- ----------- 4/9/2007 10,000 $18.267 $182,670.00 4/11/2007 1,600 $18.272 $ 29,235.20 4/12/2007 400 $18.350 $ 7,340.00 4/13/2007 1,600 $18.294 $ 29,270.40 4/18/2007 700 $18.479 $ 12,935.30 4/19/2007 4,500 $18.342 $ 82,539.00 4/23/2007 1,500 $18.366 $ 27,549.00 4/24/2007 1,700 $18.333 $ 31,166.10 4/27/2007 1,100 $18.008 $ 19,808.80 4/30/2007 11,700 $17.593 $205,838.10 5/1/2007 9,300 $17.765 $165,214.50 5/8/2007 3,300 $17.253 $ 56,934.90 ---------- (*) Excludes commissions and other execution-related costs.