Amendment No. 6 to Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13D

 

Information To Be Included in Statements Filed Pursuant to Rules 13d-1(a) and

Amendments Thereto Filed Pursuant to 13d-2(a)

(Amendment No. 6)*

 

 

 

TSAKOS ENERGY NAVIGATION LIMITED


(Name of Issuer)

 

Common Shares, par value $1.00 per share


(Title of Class of Securities)

 

G9108L108


(CUSIP Number)

 

George Saroglou

Tsakos Energy Navigation Limited

367 Syngrou Avenue 175 64

P. Faliro, Athens, Greece

011 30210 940 7710


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

With Copies To:

Stephen P. Farrell, Esq.

Morgan, Lewis & Bockius LLP

101 Park Avenue

New York, New York 10178

(212) 309-6000

 

November 29, 2006


(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 which 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.  ¨

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 to whom copies are to be sent.

 

*   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. G9108L108    13D   

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

   
                KELLEY ENTERPRISES INC.            EIN:    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  x    
  3   SEC USE ONLY  
         
  4   SOURCE OF FUNDS*  
                OO    
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)   ¨
         
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
                THE BAHAMAS    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
    7  SOLE VOTING POWER
 
                  2,221,412
    8  SHARED VOTING POWER
 
                  0
    9  SOLE DISPOSITIVE POWER
 
                  2,221,412
  10  SHARED DISPOSITIVE POWER
 
                  0
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                2,221,412    
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   x
         
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
                11.7%    
14   TYPE OF REPORTING PERSON*  
                CO    

 

-2-


CUSIP No. G9108L108    13D   

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

   
                MARSLAND HOLDINGS LIMITED            EIN:    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  x    
  3   SEC USE ONLY  
         
  4   SOURCE OF FUNDS*  
                OO    
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)   ¨
         
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
                BRITISH VIRGIN ISLANDS    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
    7  SOLE VOTING POWER
 
                  1,362,534
    8  SHARED VOTING POWER
 
                  0
    9  SOLE DISPOSITIVE POWER
 
                  1,362,534
  10  SHARED DISPOSITIVE POWER
 
                  0
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                1,362,534    
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   x
         
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
                7.2%    
14   TYPE OF REPORTING PERSON*  
                OO    

 

-3-


CUSIP No. G9108L108    13D   

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

   
                REDMONT TRADING CORP.            EIN:    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  x    
  3   SEC USE ONLY  
         
  4   SOURCE OF FUNDS*  
                OO    
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)   ¨
         
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
                LIBERIA    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
    7  SOLE VOTING POWER
 
                  1,113,656
    8  SHARED VOTING POWER
 
                  0
    9  SOLE DISPOSITIVE POWER
 
                  1,113,656
  10  SHARED DISPOSITIVE POWER
 
                  0
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                1,113,656    
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   x
         
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
                5.8%    
14   TYPE OF REPORTING PERSON*  
                CO    

 

-4-


CUSIP No. G9108L108    13D   

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

   
                FIRST TSAKOS INVESTMENTS INC.            EIN:    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  x    
  3   SEC USE ONLY  
         
  4   SOURCE OF FUNDS*  
                NOT APPLICABLE    
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)   ¨
         
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
                LIBERIA    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
    7  SOLE VOTING POWER
 
                  0
    8  SHARED VOTING POWER
 
                  3,583,946
    9  SOLE DISPOSITIVE POWER
 
                  0
  10  SHARED DISPOSITIVE POWER
 
                  3,583,946
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                3,583,946    
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   x
         
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
                18.8%    
14   TYPE OF REPORTING PERSON*  
                OO    

 

-5-


CUSIP No. G9108L108    13D   

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

   
                TSAKOS HOLDINGS FOUNDATION            EIN:    
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  x    
  3   SEC USE ONLY  
         
  4   SOURCE OF FUNDS*  
                NOT APPLICABLE    
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)   ¨
         
  6   CITIZENSHIP OR PLACE OF ORGANIZATION  
                LIECHTENSTEIN    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
    7  SOLE VOTING POWER
 
                  0
    8  SHARED VOTING POWER
 
                  4,697,602
    9  SOLE DISPOSITIVE POWER
 
                  0
  10  SHARED DISPOSITIVE POWER
 
                  4,697,602
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
                4,697,602    
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   x
         
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  
                24.7%    
14   TYPE OF REPORTING PERSON*  
                OO    

 

-6-


THIS STATEMENT CONSTITUTES AMENDMENT NO. 6 TO THE SCHEDULE 13D PREVIOUSLY FILED

Item 1. Security and Issuer

This Amendment No. 6 (this “Amendment No. 6”) to Schedule 13D (originally filed on March 20, 2002, subsequently amended and restated on September 8, 2005 and subsequently amended on October 12, 2005, October 25, 2005, December 13, 2005 and February 9, 2006 (the “Schedule 13D”)) relates to the common shares, par value $1.00 per share (“Common Shares”), of Tsakos Energy Navigation Limited, an exempted company organized under the laws of Bermuda (the “Company”). The principal executive office of the Company is located at 367 Syngrou Avenue, 175 64 P. Faliro, Athens, Greece. Information given in response to each item below shall be deemed incorporated by reference in all other items below. Capitalized terms used herein and not otherwise defined in this Amendment No. 6 shall have the meanings set forth in the Schedule 13D.

Item 2. Identity and Background

(a) This Amendment No. 6 is being filed pursuant to a Joint Filing Agreement (attached as Exhibit 1 and incorporated herein by reference) by (i) Kelley Enterprises Inc. (“Kelley”); (ii) Marsland Holdings Limited (“Marsland”); (iii) Redmont Trading Corp. (“Redmont”); (iv) First Tsakos Investments Inc. (“First Tsakos”); and (iv) Tsakos Holdings Foundation (“Tsakos Holdings”, and, together with Kelley, Marsland, Redmont and First Tsakos, the “Reporting Persons”), which persons may be deemed, but are not conceded, to constitute a “group” within Section 13(d) of the Securities Act of 1934.

The Tsakos Holdings Foundation is a Liechtenstein foundation whose beneficiaries include persons and entities affiliated with the Tsakos family, charitable institutions and other unaffiliated persons and entities. The council which controls the Tsakos Holdings Foundation consists of five members, two of whom are members of the Tsakos family. Under the rules of the Securities and Exchange Commission, beneficial ownership includes the power to directly or indirectly vote or dispose of securities or to share such power. It does not necessarily imply economic ownership of the securities. Members of the Tsakos family are among the five council members of the Tsakos Holdings Foundation and accordingly may be deemed to share voting and/or dispositive power with respect to the shares owned by the Tsakos Holdings Foundation and may be deemed the beneficial owners of such shares. The Tsakos Holdings Foundation owns all of the outstanding shares of Redmont and First Tsakos.

First Tsakos is a holding company organized under the laws of Liberia which owns all of the outstanding shares of Kelley and Marsland.

Redmont is a holding company organized under the laws of Liberia which beneficially owns the number of Common Shares indicated herein.

Marsland is a holding company organized under the laws of the British Virgin Islands which beneficially owns the number of Common Shares indicated herein.

 

-7-


Kelley is a holding company organized under the laws of the Bahamas which beneficially owns the number of Common Shares indicated herein.

(b) The addresses of the principal offices of each of the Reporting Persons are as set forth on Schedule A. Schedule A is incorporated into and made a part of this Amendment No. 6.

(c) Attached as Schedule B is the name, principal occupation (where applicable) and business address of each member, executive officer and/or director of each of the Reporting Persons. Schedule B is incorporated into and made a part of this Amendment No. 6.

(d) During the last five years, none of the Reporting Persons nor any person listed on Schedule B has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e) During the last five years, none of the Reporting Persons nor any person listed on Schedule B has been 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.

Item 3. Source and Amount of Funds or Other Consideration

Item 3 is hereby amended by adding the following paragraph:

Between May 30, 2006 and November 29, 2006, Kelley acquired an aggregate of 81,000 Common Shares for an aggregate purchase price of $3,226,011. Between June 1, 2006 and November 16, 2006, Marsland acquired an aggregate of 62,300 Common Shares for an aggregate purchase price of $2,454,357. Between May 26, 2006 and November 15, 2006, Redmont acquired an aggregate of 55,000 Common Shares for an aggregate purchase price of $2,171,066. With respect to each of Kelley, Marsland and Redmont, the source of funds for the purchase of the 81,000 Common Shares, 62,300 Common Shares and 55,000 Common Shares, respectively, was capital contributions from their respective shareholders. Each of these purchases were effected in open market purchases executed through the New York Stock Exchange.

Item 4. Purposes of Transactions

Item 4 is hereby amended by adding the following paragraph:

Each of Kelley, Marsland and Redmont acquired the 81,000 Common Shares, 62,300 Common Shares and 55,000 Common Shares, respectively, to increase its investment in the Company. Each of Kelley, Marsland and Redmont is holding its Common Shares solely for investment purposes and each has no plans or proposals with respect to any material change in the Company’s business or corporate structure or, generally, any other action referred to in instructions (a) through (j) of Item 4 of the form of Schedule 13D.

 

-8-


Item 5. Interest in Securities of the Issuer

(a) As of November 29, 2006, the Reporting Persons beneficial ownership of the Common Shares is as follows:

 

Name

   Sole Voting and
Dispositive Power
   Shared Voting and
Dispositive Power
    Percentage(2)  

Kelley Enterprises Inc.

   2,221,412    —       11.7 %

Marsland Holdings Limited

   1,362,534    —       7.2 %

Redmont Trading Corp.

   1,113,656    —       5.8 %

First Tsakos Investments Inc.

   —      3,583,946 (1)   18.8 %

Tsakos Holdings Foundation

   —      4,697,602 (1)   24.7 %

The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Exchange Act, together with Sea Consolidation S.A. of Panama and Nikolas P. Tsakos, although neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists. Sea Consolidation S.A and Nikolas P. Tsakos beneficially and of record own 1,813,616 and 16,000 Common Shares, respectively. Together, the group would be deemed to beneficially own 6,527,218 Common Shares, constituting 34.3% of the Company.

 


(1) First Tsakos is the sole holder of the outstanding capital stock of Kelley and Marsland and may be deemed to have shared voting and dispositive power of the Common Shares reported by Kelley and Marsland. Tsakos Holdings is the sole holder of outstanding capital stock of First Tsakos and Redmont and may be deemed to have shared voting and dispositive power of the Common Shares reported by Kelley, Marsland and Redmont.
(2) The applicable percentage of ownership of each shareholder is based on the Company’s 19,039,871 issued and outstanding Common Shares as reported in a Form 6-K filed by the Company with the SEC on November 28, 2006 and the understanding that the Company has repurchased certain Common Shares pursuant to a share repurchase plan.

(b) The responses of the Reporting Persons to Items (7) through (11) of the portions of pages 2 through 6 hereto which relate to Common Shares beneficially owned are incorporated herein by reference.

(c) The purchases of 81,000 Common Shares, 62,300 Common Shares and 55,000 Common Shares, by each of Kelley, Marsland and Redmont, respectively, were effected in open market purchases executed through the New York Stock Exchange as set forth in Schedule C. Schedule C is incorporated into and made a part of this Amendment No. 6.

(d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Shares beneficially owned by Kelley, Marsland, Redmont, First Tsakos or Tsakos Holdings.

(e) Not applicable.

 

-9-


Item 7. Materials to Be Filed as Exhibits

Item 7 is hereby amended by adding the following exhibit:

Exhibit 1: Joint Filing Agreement, dated December 6, 2006, among Kelley Enterprises Inc., Marsland Holdings Limited, Redmont Trading Corp., First Tsakos Investments Inc. and Tsakos Holdings Foundation.

[The remainder of this page intentionally left blank]

 

-10-


SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this Amendment No. 6 is true, complete and correct.

Dated: December 6, 2006

 

KELLEY ENTERPRISES INC.
By:  

/s/ P. Efthimiades

Name:   P. Efthimiades
Title:   Director
MARSLAND HOLDINGS LIMITED
By:  

/s/ E. Saroglou

Name:   E. Saroglou
Title:   Director
REDMONT TRADING CORP.
By:  

/s/ Thomas K. Zafiras

Name:   Thomas K. Zafiras
Title:   President
FIRST TSAKOS INVESTMENTS INC.
By:  

/s/ P. Efthimiades

Name:   P. Efthimiades
Title:   Director

 

TSAKOS HOLDINGS FOUNDATION
By:  

/s/ M.P. Tsakos

   

/s/ T.K. Zafiras

Name:   M.P. Tsakos     T.K. Zafiras
Title:  

Member of the

Foundation

Council

   

Member of the

Foundation

Council


SCHEDULE A

 

Name of Reporting Persons

  

Address of the Principal Office

Kelley Enterprises Inc.    Saffrey Square, Suite 205, Park Lane, P.O. Box N-8188, Nassau, Bahamas
Marsland Holdings Limited   

FGC Corporate Services Limited, 125 Main Street,

PO Box 144, Road Town, Tortola, British Virgin Islands

Redmont Trading Corp.    9 Nikodimon Street, Kastella Piraeus Greece – 185 33
First Tsakos Investments Inc.    34 Efesou Street, Nea Smyrni, Athens, Greece
Tsakos Holdings Foundation    Heiligkreuz 6, Vaduz, Liechtenstein


SCHEDULE B

Kelley Enterprises Inc.

 

Name

  

Position

  

Principal Occupation

  

Business Address

First Tsakos Investments Inc.    Sole Shareholder      

34 Efesou Street, Nea

Smyrni, Athens, Greece

Pantelis Nicolas Efthimiades    Director    Retired Shipping Industry Consultant    34 Efesou Street, Nea Smyrni, Athens, Greece
Ioannis Efthimiades    Director    Shipping Industry Consultant   

9 Ionias Street, Nea

Smyrni, Athens, Greece

Marsland Holdings Limited

Name

  

Position

  

Principal Occupation

  

Business Address

First Tsakos Investments Inc.    Sole Shareholder      

34 Efesou Street, Nea

Smyrni, Athens, Greece

Ioannis Saroglou    Director    Financial Consultant   

86 Mplessa Street

Papagos, Greece

Elizabeth Saroglou    Director    Retired   

86 Mplessa Street,

Papagos, Greece

Redmont Trading Corp.

Name

  

Position

  

Principal Occupation

  

Business Address

Tsakos Holdings Foundation    Sole Shareholder      

Heiligkreuz 6,

Vaduz, Liechtenstein

Thomas Constantinos Zafiras    Director    Attorney   

Tritonos 104, Paleo

Faliro, Athens, Greece

Constantinos Zafiras    Director    Legal Consultant   

10 Stissichorou Street

Athens, Greece


First Tsakos Investments Inc.

 

Name

  

Position

  

Principal Occupation

  

Business Address

Pantelis Nicolas Efthimiades    Director    Retired Shipping Industry Consultant    34 Efesou Street, Nea Smyrni, Athens, Greece
Elizabeth Saroglou    Director    Retired   

86 Mplessa Street,

Papagos, Greece

Tsakos Holdings Foundation

Name

  

Position

  

Principal Occupation

  

Business Address

Panayotis Nicolas Tsakos    Foundation Council Member    Self-Employed in the Shipping Industry   

Vassilis Sofias 39

Athens, Greece

Maria Panayotis Tsakos    Foundation Council Member   

Self-Employed in

Business

  

Stratigou Papayou 16,

Ekali, Athens, Greece

Thomas Constantinos Zafiras    Foundation Council Member    Attorney   

Tritonos 104, Paleo

Faliro, Athens, Greece

Dr. Herbert Oberhuber    Foundation Council Member    Attorney    Unterm Rair 67, Liechtenstein
Pantelis Nicolas Efthimiades    Director    Retired Shipping Industry Consultant    34 Efesou Street, Nea Smyrni, Athens, Greece


SCHEDULE C

Kelley Enterprises Inc.

 

Date

   No. of Shares    Price

5/30/06

   2,000    $ 36.69

5/30/06

   1,000      36.68

5/30/06

   2,000      36.70

5/30/06

   2,000      37.00

5/30/06

   3,000      37.00

5/31/06

   2,000      36.59

5/31/06

   1,000      36.56

5/31/06

   2,000      36.60

5/31/06

   1,000      36.60

6/2/06

   1,000      37.00

6/2/06

   100      36.90

6/2/06

   900      37.09

6/2/06

   1,000      37.09

6/2/06

   1,000      37.06

6/2/06

   1,000      37.09

6/2/06

   2,000      37.12

6/2/06

   1,000      37.15

6/2/06

   1,000      37.17

6/2/06

   1,000      37.09

6/6/06

   1,000      36.30

6/6/06

   1,000      36.20

6/6/06

   1,000      36.21

6/6/06

   1,000      36.13

6/6/06

   1,000      36.30

6/6/06

   1,000      36.40

6/6/06

   500      36.35

6/6/06

   500      36.39

6/6/06

   1,000      36.36

6/6/06

   1,000      36.40

6/6/06

   1,000      36.23

6/12/06

   2,000      35.29

6/12/06

   1,000      35.18

6/12/06

   1,000      35.34

6/12/06

   1,000      35.21

6/12/06

   200      35.12

6/12/06

   800      35.18

6/12/06

   1,000      35.18

6/12/06

   1,000      35.13

6/12/06

   2,000      35.26

10/24/06

   500      43.40

10/24/06

   500      43.43

10/24/06

   500      43.73

10/24/06

   1,500      44.18


Date

   No. of Shares    Price

10/24/06

   1,000    44.08

10/24/06

   1,000    44.29

11/13/06

   700    44.31

11/13/06

   700    44.27

11/13/06

   700    44.21

11/13/06

   700    44.22

11/13/06

   700    44.21

11/13/06

   700    44.21

11/13/06

   700    44.24

11/13/06

   100    44.20

11/13/06

   500    44.20

11/13/06

   100    44.20

11/13/06

   200    44.18

11/13/06

   100    44.19

11/13/06

   400    44.19

11/13/06

   600    44.30

11/13/06

   100    44.29

11/13/06

   100    44.23

11/13/06

   100    44.23

11/13/06

   500    44.23

11/13/06

   100    44.23

11/13/06

   100    44.23

11/13/06

   100    44.24

11/13/06

   100    44.24

11/13/06

   300    44.24

11/13/06

   700    44.16

11/13/06

   100    44.05

11/13/06

   100    44.05

11/13/06

   400    44.06

11/13/06

   100    44.18

11/13/06

   200    44.17

11/13/06

   100    44.17

11/13/06

   100    44.17

11/13/06

   100    44.18

11/13/06

   200    44.20

11/13/06

   100    44.13

11/13/06

   400    44.15

11/13/06

   100    44.15

11/13/06

   100    44.15

11/13/06

   100    44.13

11/13/06

   100    44.13

11/13/06

   500    44.14

11/13/06

   100    44.13

11/13/06

   100    44.13

11/13/06

   100    44.18

11/13/06

   100    44.18


Date

   No. of Shares    Price

11/13/06

   100      44.17

11/13/06

   100      44.18

11/13/06

   100      44.18

11/13/06

   200      44.08

11/13/06

   400      44.09

11/13/06

   100      44.08

11/13/06

   100      44.13

11/13/06

   400      44.14

11/13/06

   200      44.14

11/13/06

   100      44.17

11/13/06

   100      44.17

11/13/06

   400      44.17

11/13/06

   600      44.20

11/13/06

   100      44.22

11/13/06

   200      44.22

11/13/06

   100      44.32

11/13/06

   200      44.31

11/13/06

   100      44.20

11/13/06

   100      44.22

11/13/06

   400      44.22

11/13/06

   100      44.16

11/13/06

   100      44.17

11/13/06

   100      44.17

11/13/06

   100      44.23

11/13/06

   200      44.25

11/13/06

   300      44.21

11/13/06

   300      44.22

11/13/06

   600      44.23

11/13/06

   100      44.30

11/13/06

   100      44.31

11/13/06

   100      44.39

11/13/06

   100      44.39

11/13/06

   100      44.42

11/13/06

   100      44.45

11/13/06

   100      44.40

11/13/06

   500      44.40

11/13/06

   100      44.48

11/13/06

   100      44.48

11/13/06

   100      44.48

11/13/06

   200      44.54

11/13/06

   100      44.54

11/29/06

   2,500      44.75

11/29/06

   1,000      44.71

11/29/06

   1,500      44.78

11/29/06

   1,400      44.78

11/29/06

   1,100      44.79

11/29/06

   2,500      44.72

Total

   81,000    $ 3,226,011


Marsland Holdings Limited

 

Date

   No. of Shares    Price

6/1/06

   1,000    $ 37.10

6/1/06

   1,000      36.97

6/1/06

   1,000      37.08

6/1/06

   1,000      37.18

6/1/06

   1,000      37.18

6/1/06

   1,000      37.12

6/1/06

   1,000      37.17

6/1/06

   1,000      37.18

6/1/06

   1,000      37.17

6/1/06

   1,000      37.13

6/7/06

   1,000      36.14

6/7/06

   1,000      35.98

6/7/06

   1,000      35.99

6/7/06

   1,000      36.00

6/7/06

   300      35.90

6/7/06

   700      35.96

6/7/06

   1,000      35.99

6/7/06

   1,000      35.90

6/7/06

   1,000      36.06

6/7/06

   1,000      35.99

6/7/06

   1,000      35.88

6/14/06

   1,000      34.65

6/14/06

   900      34.72

6/14/06

   100      34.73

6/14/06

   1,000      34.80

6/14/06

   1,000      34.75

6/14/06

   1,000      34.78

6/14/06

   1,000      34.73

6/14/06

   1,000      34.71

6/14/06

   1,000      34.75

6/14/06

   100      34.72

6/14/06

   900      34.82

6/14/06

   1,000      34.82

6/14/06

   1,000      34.85

6/14/06

   1,000      34.84

6/14/06

   1,000      34.90

6/14/06

   1,000      34.87

6/14/06

   1,000      34.84

10/23/06

   150      43.34

10/23/06

   150      43.34

10/23/06

   100      43.45

10/23/06

   150      43.47

10/23/06

   50      43.45

10/23/06

   250      43.47


Date

   No. of Shares    Price

10/23/06

   50      43.47

10/23/06

   150      43.43

10/23/06

   50      43.48

10/23/06

   100      43.48

10/23/06

   300      43.32

10/23/06

   250      43.31

10/23/06

   200      43.43

10/23/06

   50      43.48

10/23/06

   150      43.36

10/23/06

   50      43.37

10/23/06

   50      43.37

10/23/06

   250      43.34

10/23/06

   200      43.32

10/23/06

   50      43.32

10/23/06

   250      43.37

10/23/06

   50      43.26

10/23/06

   200      43.26

10/23/06

   250      43.28

10/23/06

   200      43.32

10/23/06

   50      43.32

10/23/06

   150      43.34

10/23/06

   100      43.34

10/23/06

   100      43.35

10/23/06

   150      43.35

10/23/06

   200      43.37

10/23/06

   50      43.37

10/23/06

   50      43.39

10/23/06

   50      43.40

10/23/06

   150      43.41

10/23/06

   200      43.42

10/23/06

   50      43.42

11/14/06

   2,000      44.30

11/14/06

   700      44.09

11/14/06

   300      44.12

11/14/06

   1,000      44.12

11/14/06

   1,000      44.11

11/14/06

   1,000      44.00

11/14/06

   1,000      44.03

11/14/06

   2,000      43.97

11/14/06

   1,000      43.90

11/14/06

   1,000      43.84

11/14/06

   1,000      43.98

11/14/06

   1,000      43.99

11/14/06

   400      44.00

11/14/06

   600      44.03

11/14/06

   1,000      44.05

11/14/06

   700      44.14

11/14/06

   300      44.19

11/14/06

   1,000      44.29

11/14/06

   1,000      44.27

11/14/06

   1,000      44.24

11/14/06

   1,000      44.24

11/16/06

   2,300      44.65

Total

   62,300    $ 2,454,357


Redmont Trading Corp.

 

Date

   No. of Shares    Price

5/26/06

   100    $ 36.66

5/26/06

   100      36.66

5/26/06

   200      36.70

5/26/06

   200      36.70

5/26/06

   200      36.67

5/26/06

   200      36.69

5/26/06

   300      36.69

5/26/06

   200      36.69

5/26/06

   100      36.69

5/26/06

   100      36.70

5/26/06

   200      36.70

5/26/06

   300      36.69

5/26/06

   300      36.66

5/26/06

   100      36.70

5/26/06

   200      36.70

5/26/06

   300      36.70

5/26/06

   300      36.69

5/26/06

   300      36.70

5/26/06

   300      36.69

5/26/06

   100      36.64

5/26/06

   200      36.67

5/26/06

   200      36.65

5/26/06

   100      36.69

5/26/06

   100      36.67

5/26/06

   100      36.67

5/26/06

   100      36.68

5/26/06

   300      36.70

5/26/06

   300      36.70

5/26/06

   300      36.68

5/26/06

   100      36.65

5/26/06

   200      36.63

5/26/06

   100      36.60

5/26/06

   200      36.61

5/26/06

   300      36.60

5/26/06

   200      36.60

5/26/06

   100      36.60

5/26/06

   300      36.68

5/26/06

   200      36.68

5/26/06

   100      36.70

5/26/06

   100      36.64

5/26/06

   200      36.64

5/26/06

   100      36.61

5/26/06

   200      36.60

5/26/06

   300      36.64

 


Date

   No. of Shares    Price

5/26/06

   300    36.60

5/26/06

   100    36.60

5/26/06

   200    36.63

5/26/06

   100    36.62

5/26/06

   200    36.63

5/26/06

   100    36.62

5/26/06

   200    36.62

5/26/06

   100    36.63

5/26/06

   100    36.64

5/26/06

   100    36.65

6/9/06

   500    35.30

6/9/06

   500    35.07

6/9/06

   1,000    35.68

6/9/06

   500    35.29

6/9/06

   500    35.02

6/9/06

   1,000    35.02

6/9/06

   1,000    35.01

6/9/06

   1,000    35.20

6/9/06

   1,000    35.13

6/9/06

   1,000    35.09

6/9/06

   1,000    35.09

6/9/06

   500    35.07

6/9/06

   500    35.03

6/13/06

   1,000    34.17

6/13/06

   1,000    34.20

6/13/06

   1,000    34.12

6/13/06

   1,000    33.99

6/13/06

   1,000    33.85

6/13/06

   1,000    33.80

6/13/06

   1,000    33.75

6/13/06

   2,000    34.19

6/13/06

   1,000    34.10

10/23/06

   150    43.34

10/23/06

   150    43.34

10/23/06

   100    43.45

10/23/06

   150    43.47

10/23/06

   50    43.45

10/23/06

   250    43.47

10/23/06

   50    43.47

10/23/06

   150    43.43

10/23/06

   50    43.48

10/23/06

   100    43.48

10/23/06

   300    43.32

10/23/06

   250    43.31

10/23/06

   200    43.43

10/23/06

   50    43.48

 


Date

   No. of Shares    Price

10/23/06

   150      43.36

10/23/06

   50      43.37

10/23/06

   50      43.37

10/23/06

   250      43.34

10/23/06

   200      43.32

10/23/06

   50      43.32

10/23/06

   250      43.37

10/23/06

   50      43.26

10/23/06

   200      43.26

10/23/06

   250      43.28

10/23/06

   200      43.32

10/23/06

   50      43.32

10/23/06

   150      43.34

10/23/06

   100      43.34

10/23/06

   100      43.35

10/23/06

   150      43.35

10/23/06

   200      43.37

10/23/06

   50      43.37

10/23/06

   50      43.39

10/23/06

   50      43.40

10/23/06

   150      43.41

10/23/06

   200      43.42

10/23/06

   50      43.42

11/15/06

   2,000      44.38

11/15/06

   200      44.47

11/15/06

   1,800      44.58

11/15/06

   350      44.51

11/15/06

   1,250      44.60

11/15/06

   4,000      44.98

11/15/06

   400      44.95

11/15/06

   2,000      44.85

11/15/06

   2,000      44.79

11/15/06

   2,000      44.79

11/15/06

   500      44.83

11/15/06

   2,000      44.93

11/15/06

   1,500      44.93

Total

   55,000    $ 2,171,066

 


EXHIBIT INDEX

The following materials are filed as Exhibits to this Amendment No. 6:

Exhibit 1: Joint Filing Agreement, dated December 6, 2006, among Kelley Enterprises Inc., Marsland Holdings Limited, Redmont Trading Corp., First Tsakos Investments Inc. and Tsakos Holdings Foundation.