UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
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OLYMPIC STEEL, INC.
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COMMON STOCK
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CUSIP Number: 68162K106
December 31, 2014
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|x| Rule 13d-1(b)
| | Rule 13d-1(c)
| | Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 68162K106
1. NAME OF REPORTING PERSON(S)
THE KILLEN GROUP, INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IRS#23-2213851
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) | |
(b) | |
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Incorporated in the Commonwealth of Pennsylvania
5. SOLE VOTING POWER
NUMBER OF 620,536
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 670,801
WITH
8. SHARED DISPOSITIVE POWER
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
670,801
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) ____________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.1
12. TYPE OF REPORTING PERSON (See Instructions)
IA
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Item 1. (a) Name of Issuer:
The name of the issuer is OLYMPIC STEEL, INC.
(b) Address of Issuer's Principal Executive Offices:
The Issuer's principal executive offices are located at
5096 Richmond Road, Bedford Heights, OH 44146
Item 2. (a) Name of Person Filing:
THE KILLEN GROUP, INC.
(b) Address of Principal Business Office, or if none, Residence:
1189 LANCASTER AVE., BERWYN, PA 19312
(c) Citizenship:
THE KILLEN GROUP IS A CORPORATION INCORPORATED UNDER THE
LAWS OF THE COMMONWEALTH OF PENNSYLVANIA
(d) Title of Class of Securities:
COMMON STOCK OF THE ISSUER.
(e) CUSIP Number:
68162K106
Item 3. THE KILLEN GROUP, INC. IS AN INVESTMENT ADVISOR REGISTERED UNDER
SECTION 203 OF THE INVESTMENT ADVISOR ACT OF 1940.
Item 4. Ownership.
(a) THE KILLEN GROUP, INC. IS THE BENEFICIAL OWNER OF 670,801
SHARES OF THE ISSUER'S COMMON STOCK.
(b) THE AMOUNT OWNED BY THE KILLEN GROUP IS 6.1% OF THE SHARES
OUTSTANDING.
(c)
(i) THE KILLEN GROUP HAS THE SOLE POWER TO VOTE OR TO DIRECT
THE VOTE OF 620,536 SHARES OF COMMON STOCK.
(ii) THE KILLEN GROUP HAS THE SOLE POWER TO VOTE OR TO DIRECT
THE DISPOSITION OF 670,801 SHARES OF COMMON STOCK.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
OTHER PERSONS WHO HAVE THE RIGHT TO RECEIVE DIVIDENDS AND THE
RIGHT TO PROCEEDS OF A SALE OF THE SECURITIES ARE THE CLIENTS
OF THE KILLEN GROUP, INC., FOR WHOM THE SECURITIES WERE
PURCHASED.
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.
Item 10. Certification.
Each of the Reporting Persons hereby makes the following
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.
Dated: February 11, 2015
THE KILLEN GROUP, INC.
By: ROBERT E. KILLEN
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Name: Robert E. Killen
Title: Chairman and CEO