kl12067.htm
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
SCHEDULE 13D
(Rule 13d-101)
(Amendment No. 6)
 
 
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)

Peter G. Smith, Esq.
Kramer Levin Naftalis & Frankel LLP
1177 Avenue of the Americas
New York, NY 10036
(212) 715-9100
 (Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
 
December 23, 2008
(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 22 Pages)

 

 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                     Page 2 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
Barington Companies Equity Partners, L.P.
      

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
276,469
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
276,469
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
276,469
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
1.90%
      

14)
TYPE OF REPORTING PERSON
      
 
PN
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 3 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
Barington Companies Investors, LLC
      

2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[X]
  
   
(b)
[  ]
  

3)
SEC USE ONLY
      

4)
SOURCE OF FUNDS
      
 
OO, 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
276,569
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
276,569
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
276,569
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
1.90%
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      
 

 

 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                  Page 4 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
Barington Companies Management, LLC
      

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
100
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
100
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
100
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
Less than 0.01%
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                   Page 5 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
Barington Investments, L.P.
      

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
119,139
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
119,139
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
119,139
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
0.82%
      

14)
TYPE OF REPORTING PERSON
      
 
PN
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 6 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
Barington Companies Advisors, LLC
      

2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[X]
  
   
(b)
[  ]
  

3)
SEC USE ONLY
      

4)
SOURCE OF FUNDS
      
 
OO, 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
119,239
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
119,239
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
119,239
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
0.82%
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 7 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
Barington Offshore Advisors, LLC
      

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
100
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
100
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
100
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
Less than 0.01%
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                          Page 8 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
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
319,775
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
319,775
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
319,775
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
2.19%
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 9 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
Barington Offshore Advisors II, LLC
      

2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[X]
  
   
(b)
[  ]
  

3)
SEC USE ONLY
      

4)
SOURCE OF FUNDS
      
 
OO, 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
319,875
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
319,875
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
319,875
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
2.19%
      

14)
TYPE OF REPORTING PERSON
      
 
IA, OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                   Page 10 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
Barington Capital Group, L.P.
      

2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[X]
  
   
(b)
[  ]
  

3)
SEC USE ONLY
      

4)
SOURCE OF FUNDS
      
 
OO, 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
      
 
New York
      

   
7)           SOLE VOTING POWER
      
 
NUMBER OF
715,983
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
715,983
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
715,983
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
4.91%
      

14)
TYPE OF REPORTING PERSON
      
 
PN
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 11 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
LNA Capital Corp.
      

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
715,983
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
715,983
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
715,983
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
4.91%
      

14)
TYPE OF REPORTING PERSON
      
 
CO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 12 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
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, PF
      

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
716,133
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
716,133
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
716,133
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
4.91%
      

14)
TYPE OF REPORTING PERSON
      
 
IN
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 13 of 22 Pages



1)
NAME OF REPORTING PERSON
      
         
 
RJG Capital Partners, L.P.
      

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
None
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
None
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
None
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
None
      

14)
TYPE OF REPORTING PERSON
      
 
PN
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                       Page 14 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
RJG Capital Management, LLC
      

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
None
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
None
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
None
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
None
      

14)
TYPE OF REPORTING PERSON
      
 
OO
      


 
 
 
SCHEDULE 13D
CUSIP No. 871551107                                                                                     Page 15 of 22 Pages




1)
NAME OF REPORTING PERSON
      
         
 
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
      
 
PF
      

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
5
      
 
SHARES
        
 
BENEFICIALLY
8)           SHARED VOTING POWER
      
 
OWNED BY
None
      
 
EACH
        
 
REPORTING
9)           SOLE DISPOSITIVE POWER
      
 
PERSON
5
      
 
WITH
        
   
10)           SHARED DISPOSITIVE POWER
      
   
None
      

11)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
 
5
      

12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
  
[  ]
  

13)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      
 
Less than 0.01%
      

14)
TYPE OF REPORTING PERSON
      
 
IN
      



 
 
 
 Page  16 of 22 Pages


This Amendment No. 6 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on May 21, 2007, as amended by that certain Amendment No. 1 filed with the SEC on October 29, 2007, that certain Amendment No. 2 filed with the SEC on January 2, 2008, that certain Amendment No. 3 filed with the SEC on January 23, 2008, that certain Amendment No. 4 filed with the SEC on February 1, 2008 and that certain Amendment No. 5 filed with the SEC on April 22, 2008 (collectively, the "Statement"), by and on behalf of Barington Companies Equity Partners, L.P. and others with respect 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.

The third paragraph of Item 2 (a) – (c) of the Statement is hereby amended and restated as follows:

As of December 26, 2008, the Reporting Entities are the beneficial owners of, in the aggregate, 716,138 shares of Common Stock, representing approximately 4.91% of the shares of Common Stock presently outstanding.

Item 3.                      Source and Amount of Funds or Other Consideration.

Item 3 of the Statement is hereby amended and supplemented as follows:

Since the filing of the Statement, Barington Companies Equity Partners, L.P. and RJG Capital Partners, L.P. purchased an aggregate of 52,800 shares of Common Stock.  The amount of funds expended for such purchases was approximately $424,500.00 by Barington Companies Equity Partners, L.P. and $42,190.87 by RJG Capital Partners, L.P.
 
All purchases of Common Stock since the filing of the Statement were made in open market transactions.  All such purchases of Common Stock were funded by working capital, which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business.  All transactions in shares of Common Stock effected by the Reporting Entities during the past 60 days are set forth in the Schedule attached hereto and incorporated herein by reference.
 
Item 4.                      Purpose of Transaction.
 
On December 23, 2008, Barington Companies Offshore Fund, Ltd. (the “Offshore Fund”) made a distribution of 32,981 shares of Common Stock to a redeeming investor in the Offshore Fund as partial payment of such investor’s third quarter redemption proceeds.
 
Item 5.                      Interest in Securities of the Issuer.

Items 5 (a) – (c) and (e) of the Statement are hereby amended and restated as follows:

(a)           As of December 26, 2008, Barington Companies Equity Partners, L.P. beneficially owns an aggregate of 276,469 shares of Common Stock, representing approximately 1.90% of the shares of Common Stock presently outstanding based upon the 14,587,700 shares of Common Stock reported by the Company to be issued and outstanding as of September 24, 2008 in its Form 10-Q filed with the SEC on October 7, 2008 (the “Issued and Outstanding Shares”).
 
As of December 26, 2008, Barington Investments, L.P. beneficially owns 119,139 shares of Common Stock, representing approximately 0.82% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Companies Offshore Fund, Ltd. beneficially owns 319,775 shares of Common Stock, representing approximately 2.19% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Companies Investors, LLC beneficially owns 100 shares of Common Stock.  As the general partner of Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC may also be deemed to beneficially own the 276,469 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., constituting an aggregate of 276,569 shares of Common Stock, representing approximately 1.90% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Companies Management, LLC beneficially owns 100 shares of Common Stock, representing less than 0.01% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Companies Advisors, LLC beneficially owns 100 shares of Common Stock.  As the general partner of Barington Investments, L.P., Barington Companies Advisors, LLC may also be deemed to beneficially own the 119,139 shares of Common Stock beneficially owned by Barington Investments, L.P., constituting an aggregate of
 
 
 
 
 
 Page  17 of 22 Pages
 
 
119,239 shares of Common Stock, representing approximately 0.82% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Offshore Advisors, LLC beneficially owns 100 shares of Common Stock, representing less than 0.01% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Offshore Advisors II, LLC beneficially owns 100 shares of Common Stock.  As the investment advisor to Barington Companies Offshore Fund, Ltd., Barington Offshore Advisors II, LLC may also be deemed to beneficially own the 319,775 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., constituting an aggregate of 319,875 shares of Common Stock, representing approximately 2.19% of the Issued and Outstanding Shares.  As of December 26, 2008, Barington Capital Group, L.P. beneficially owns 100 shares of Common Stock.  As the majority member of Barington Companies Investors, LLC, Barington Companies Management, LLC, Barington Companies Advisors, LLC, Barington Offshore Advisors, LLC and Barington Offshore Advisors II, LLC, Barington Capital Group, L.P. may also be deemed to beneficially own the 276,469 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 119,139 shares of Common Stock beneficially owned by Barington Investments, L.P., the 319,775 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., the 100 shares of Common Stock beneficially owned by Barington Companies Investors, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Management, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors, LLC and the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors II, LLC, constituting an aggregate of 715,983 shares, representing approximately 4.91% 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 276,469 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 119,139 shares of Common Stock beneficially owned by Barington Investments, L.P., the 319,775 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., the 100 shares of Common Stock beneficially owned by Barington Companies Investors, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Management, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors II, LLC and the 100 shares of Common Stock beneficially owned by Barington Capital Group, L.P., constituting an aggregate of 715,983 shares of Common Stock, representing approximately 4.91% of the Issued and Outstanding Shares.  As of December 26, 2008, James A. Mitarotonda beneficially owns 150 shares of Common Stock.  As the sole stockholder and director of LNA Capital Corp., James A. Mitarotonda may also be deemed to beneficially own the 276,469 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 119,139 shares of Common Stock beneficially owned by Barington Investments, L.P., the 319,775 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., the 100 shares of Common Stock beneficially owned by Barington Companies Investors, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Management, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors II, LLC and the 100 shares of Common Stock beneficially owned by Barington Capital Group, L.P., constituting an aggregate of 716,133 shares of Common Stock, representing approximately 4.91% of the Issued and Outstanding Shares.  Mr. Mitarotonda has sole voting and dispositive power with respect to the 150 shares of Common Stock beneficially owned by him, the 276,469 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P., the 119,139 shares of Common Stock beneficially owned by Barington Investments, L.P., the 319,775 shares of Common Stock beneficially owned by Barington Companies Offshore Fund, Ltd., the 100 shares of Common Stock beneficially owned by Barington Companies Investors, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Management, LLC, the 100 shares of Common Stock beneficially owned by Barington Companies Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors, LLC, the 100 shares of Common Stock beneficially owned by Barington Offshore Advisors II, LLC and the 100 shares of Common Stock beneficially owned by Barington Capital Group, L.P.  Other than with respect to the 150 shares owned by him, Mr. Mitarotonda disclaims beneficial ownership of any such shares except to the extent of his pecuniary interest therein.

As of December 26, 2008, Ronald J. Gross beneficially owns 5 shares of Common Stock representing less than 0.01% of the Issued and Outstanding Shares.  Mr. Gross has sole voting and dispositive power with respect to the 5 shares owned by him.
 
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.
 
 
 
 
 
 Page  18 of 22 Pages
 
 
 
(b)           Each of the Reporting Entities may be deemed to have sole voting and dispositive power over the shares of Common Stock reported as beneficially owned by such person by virtue of their respective positions as described in paragraph (a).

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 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 Entities during the past 60 days is set forth in the Schedule attached hereto and incorporated herein by reference.

(e)             As of the close of business on December 23, 2008, the Reporting Entities cease to be subject to beneficial ownership filing requirements under Section 13 of the Exchange Act, as their beneficial ownership of Common Stock is now below 5% of the shares of Common Stock presently outstanding.
 

 
 
 
 
 Page  19 of 22 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:   December 29, 2008
 
                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 COMPANIES MANAGEMENT, 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


                BARINGTON OFFSHORE ADVISORS, LLC

                By: /s/ James A. Mitarotonda
                Name: James A. Mitarotonda
                Title:   Managing Member



 
 
 
Page 20 of 22 Pages


                BARINGTON COMPANIES OFFSHORE FUND, LTD.

 
                By: /s/ James A. Mitarotonda
                Name: James A. Mitarotonda
                Title:   Authorized Signatory


                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


                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 21 of 22 Pages


 
SCHEDULE

This schedule sets forth information with respect to each purchase and sale 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 and sold by Barington Companies Equity Partners, L.P.

Date
  
Number of Shares
  
Price Per Share
  
Cost (*)
10/28/2008
  
       (836)
  
 $  8.2606
  
 $    (6,905.86)
10/29/2008
  
    (1,240)
  
 $  9.5062
  
 $  (11,787.69)
10/30/2008
  
       (496)
  
 $  9.8364
  
 $    (4,878.85)
10/31/2008
  
    (2,372)
  
 $  9.9105
  
 $  (23,507.71)
11/3/2008
  
       (444)
  
 $10.3851
  
 $    (4,610.98)
11/4/2008
  
       (743)
  
 $  9.5317
  
 $    (7,082.05)
11/5/2008
  
       (862)
  
 $  9.0673
  
 $    (7,816.01)
11/5/2008
  
    50,000
  
 $  8.4900
  
 $ 424,500.00
11/11/2008
  
       (739)
  
 $  8.7880
  
 $    (6,494.33)
11/13/2008
  
       (739)
  
 $  8.8667
  
 $    (6,552.49)
11/19/2008
  
       (739)
  
 $  8.0878
  
 $    (5,976.88)
11/24/2008
  
       (739)
  
 $  8.7502
  
 $    (6,466.40)
11/25/2008
  
    (2,399)
  
 $  9.1975
  
 $  (22,064.80)
12/5/2008
  
       (702)
  
 $  8.1958
  
 $    (5,753.45)
12/8/2008
  
    (1,108)
  
 $  8.9967
  
 $    (9,968.34)
12/9/2008
  
    (1,663)
  
 $  9.2306
  
 $  (15,350.49)
12/10/2008
  
       (554)
  
 $  9.0000
  
 $    (4,986.00)
12/11/2008
  
       (358)
  
 $  9.1871
  
 $    (3,288.98)
12/12/2008
  
    (1,857)
  
 $  9.1718
  
 $  (17,032.03)
12/15/2008
  
           (6)
  
 $  9.2500
  
 $        (55.50)
12/16/2008
  
    (1,103)
  
 $  9.1595
  
 $  (10,102.93)
12/17/2008
  
       (664)
  
 $  9.2500
  
 $    (6,142.00)
 

Shares sold by Barington Investments, L.P.

Date
  
Number of Shares
  
Price Per Share
  
Cost (*)
11/11/2008
  
       (318)
  
 $  8.7880
  
 $    (2,794.58)
11/13/2008
  
       (318)
  
 $  8.8667
  
 $    (2,819.61)
11/19/2008
  
       (318)
  
 $  8.0878
  
 $    (2,571.92)
11/24/2008
  
       (318)
  
 $  8.7502
  
 $    (2,782.56)
11/25/2008
  
    (1,034)
  
 $  9.1975
  
 $    (9,510.22)
12/5/2008
  
       (302)
  
 $  8.1958
  
 $    (2,475.13)
12/8/2008
  
       (478)
  
 $  8.9967
  
 $    (4,300.42)
12/9/2008
  
       (716)
  
 $  9.2306
  
 $    (6,609.11)
 
 
 
 
 
 
12/10/2008
  
       (239)
  
 $  9.0000
  
 $    (2,151.00)
12/11/2008
  
       (155)
  
 $  9.1871
  
 $    (1,424.00)
12/12/2008
  
       (801)
  
 $  9.1718
  
 $    (7,346.61)
12/15/2008
  
           (2)
  
 $  9.2500
  
 $        (18.50)
12/16/2008
  
       (475)
  
 $  9.1595
  
 $    (4,350.76)
12/17/2008
  
       (287)
  
 $  9.2500
  
 $    (2,654.75)
 

Shares sold by Barington Companies Offshore Fund, Ltd.

Date
  
Number of Shares
  
Price Per Share
  
Cost (*)
10/28/2008
  
    (1,464)
  
 $  8.2606
  
 $  (12,093.52)
10/29/2008
  
    (2,170)
  
 $  9.5062
  
 $  (20,628.45)
10/30/2008
  
       (869)
  
 $  9.8364
  
 $    (8,547.83)
10/31/2008
  
    (4,153)
  
 $  9.9105
  
 $  (41,158.31)
11/3/2008
  
       (777)
  
 $10.3851
  
 $    (8,069.22)
11/4/2008
  
    (1,301)
  
 $  9.5317
  
 $  (12,400.74)
11/5/2008
  
    (1,509)
  
 $  9.0673
  
 $  (13,682.56)
11/5/2008
  
   (50,000)
  
 $  8.4900
  
 $(424,500.00)
11/11/2008
  
       (943)
  
 $  8.7880
  
 $    (8,287.08)
11/13/2008
  
       (943)
  
 $  8.8667
  
 $    (8,361.30)
11/19/2008
  
       (943)
  
 $  8.0878
  
 $    (7,626.80)
11/24/2008
  
       (943)
  
 $  8.7502
  
 $    (8,251.44)
11/25/2008
  
    (3,061)
  
 $  9.1975
  
 $  (28,153.55)
12/4/2008
  
       (100)
  
 $  9.0000
  
 $      (900.00)
12/5/2008
  
       (896)
  
 $  8.1958
  
 $    (7,343.44)
12/8/2008
  
    (1,414)
  
 $  8.9967
  
 $  (12,721.33)
12/9/2008
  
    (2,121)
  
 $  9.2306
  
 $  (19,578.10)
12/10/2008
  
       (707)
  
 $  9.0000
  
 $    (6,363.00)
12/11/2008
  
       (458)
  
 $  9.1871
  
 $    (4,207.69)
12/12/2008
  
    (2,371)
  
 $  9.1718
  
 $  (21,746.34)
12/15/2008
  
           (7)
  
 $  9.2500
  
 $        (64.75)
12/16/2008
  
    (1,407)
  
 $  9.1595
  
 $  (12,887.42)
12/17/2008
  
       (849)
  
 $  9.2500
  
 $    (7,853.25)

 
----------------------------
(*) Excludes commissions and other execution related costs.