UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

 

Interface, Inc.

(Name of Issuer)

Class A Common Stock, $.10 par value per share

(Title of Class of Securities)

458655106

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed.

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

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 disclosures provided in a prior cover page.

 

The information required on 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. 458655106

 

 

(1)

Names of Reporting Persons.
Sheffield Partners, L.P.

 

 

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

(3)

SEC Use Only

 

 

(4)

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0

 

(6)

Shared Voting Power
662,067

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
662,067

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
662,067

 

 

(10)

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

(11)

Percent of Class Represented by Amount in Row (9)
1.17%

 

 

(12)

Type of Reporting Person (See Instructions)
PN

 

2



 

CUSIP No. 458655106

 

 

(1)

Names of Reporting Persons.
Sheffield Institutional Partners, L.P.

 

 

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

(3)

SEC Use Only

 

 

(4)

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0

 

(6)

Shared Voting Power
1,285,212

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
1,285,212

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
1,285,212

 

 

(10)

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

(11)

Percent of Class Represented by Amount in Row (9)
2.27%

 

 

(12)

Type of Reporting Person (See Instructions)
PN

 

3



 

CUSIP No. 458655106

 

 

(1)

Names of Reporting Persons.
Sheffield International Partners Master, Ltd.

 

 

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

(3)

SEC Use Only

 

 

(4)

Citizenship or Place of Organization
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0

 

(6)

Shared Voting Power
736,735

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
736,735

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
736,735

 

 

(10)

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

(11)

Percent of Class Represented by Amount in Row (9)
1.30%

 

 

(12)

Type of Reporting Person (See Instructions)
CO

 

4



 

CUSIP No. 458655106

 

 

(1)

Names of Reporting Persons.
Sheffield Asset Management, L.L.C.

 

 

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

(3)

SEC Use Only

 

 

(4)

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0

 

(6)

Shared Voting Power
2,684,014

 

(7)

Sole Dispositive Power
0

 

(8)

Shared Dispositive Power
2,684,014

 

 

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
2,684,014

 

 

(10)

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

(11)

Percent of Class Represented by Amount in Row (9)
4.75%

 

 

(12)

Type of Reporting Person (See Instructions)
OO

 

5



 

CUSIP No. 458655106

 

Item 1(a).

Name of Issuer:
Interface, Inc.

Item 1(b).

Address of Issuer’s Principal Executive Offices:
2859 Paces Ferry Road, Suite 2000

Atlanta, Georgia 30339

 

Item 2(a).

Name of Person Filing:
This statement is being filed by Sheffield Partners, L.P. (“SPLP”), Sheffield Institutional Partners, L.P. (“SIPLP”), Sheffield International Partners Master, Ltd. (“SIPMLTD”) and Sheffield Asset Management, L.L.C. (“SAM” and together with SPLP, SIPLP and SIPMLTD, the “Reporting Persons”).  The members of SAM are Brian J. Feltzin and Craig C. Albert.

Item 2(b).

Address of Principal Business Office or, if none, Residence:
900 North Michigan Avenue, Suite 1100

Chicago, Illinois  60611

Item 2(c).

Citizenship:

SPLP                                                                  Delaware

SIPLP                                                              Delaware

SIPMLTD                                        Cayman Islands

SAM                                                                   Delaware

Item 2(d).

Title of Class of Securities:
Class A Common Stock, $.10 par value per share

Item 2(e).

CUSIP Number:
458655106

 

Item 3.

Not Applicable.

 

The Reporting Persons are filing this Schedule 13G pursuant to Rule 13d-1(c).

 

6



 

CUSIP No. 458655106

 

Item 4.

Ownership

The information in items 1 and 5 through 11 on the cover pages (pp. 2 - 5) of this Schedule 13G is hereby incorporated by reference.

 

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 5% of the class of securities, check the following:   x.

 

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.

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

 

Not applicable.

 

7



 

CUSIP No. 458655106

 

Item 10.

Certification.

 

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.

 

Date: February 16, 2010

 

 

 

Sheffield Partners, L.P.

 

By:

Sheffield Asset Management, L.L.C.

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

 

 

 

 

Sheffield Institutional Partners, L.P.

 

By:

Sheffield Asset Management, L.L.C.

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

 

 

Sheffield International Partners Master, Ltd.

 

By:

Sheffield Asset Management, L.L.C.

 

Its:

Investment Advisor

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

 

 

 

 

 

Sheffield Asset Management, L.L.C.

 

 

 

 

 

 

By:

/s/ Amy Rosenow

 

 

 

Amy Rosenow, Chief Operating Officer

 

 

8