Amendment No. 5 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. 5)*

 

 

 

 

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

 

February 8, 2005


(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(b) 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

 

                2,140,412


  8    SHARED VOTING POWER

 

                0


  9    SOLE DISPOSITIVE POWER

 

                2,140,412


10    SHARED DISPOSITIVE POWER

 

                0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,140,412

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 

x

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            11.2%

   
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

 

                1,300,234


  8    SHARED VOTING POWER

 

                0


  9    SOLE DISPOSITIVE POWER

 

                1,300,234


10    SHARED DISPOSITIVE POWER

 

                0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,300,234

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 

x

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            6.8%

   
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

 

                1,058,656


  8    SHARED VOTING POWER

 

                0


  9    SOLE DISPOSITIVE POWER

 

                1,058,656


10    SHARED DISPOSITIVE POWER

 

                0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,058,656

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 

x

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            5.5%

   
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

 

                3,440,646


  9    SOLE DISPOSITIVE POWER

 

                0


10    SHARED DISPOSITIVE POWER

 

                3,440,646

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            3,440,646

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 

x

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            17.9%

   
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

 

                4,499,302


  9    SOLE DISPOSITIVE POWER

 

                0


10    SHARED DISPOSITIVE POWER

 

                4,499,302

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,499,302

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 

x

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            23.5%

   
14  

TYPE OF REPORTING PERSON*

 

            OO

   

 

 

-6-


THIS STATEMENT CONSTITUTES AMENDMENT NO. 5 TO THE SCHEDULE 13D PREVIOUSLY FILED

 

Item 1. Security and Issuer

 

This Amendment No. 5 (this “Amendment No. 5”) 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 and December 13, 2005 (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. 5 shall have the meanings set forth in the Schedule 13D.

 

Item 2. Identity and Background

 

(a) This Amendment No. 5 is being filed pursuant to a Joint Filing Agreement (attached 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 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. 5.

 

(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. 5.

 

(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 December 6, 2005 and December 13, 2005, Marsland acquired an aggregate of 90,300 Common Shares for an aggregate purchase price of $3,525,882. Between January 17, 2006 and January 31, 2006, Redmont acquired an aggregate of 96,100 Common Shares for an aggregate purchase price of $3,493,051. With respect to each of Marsland and Redmont, the source of funds for the purchase of the 90,300 Common Shares and 96,100 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 Marsland and Redmont acquired the 90,300 Common Shares and 96,100 Common Shares, respectively, to increase its investment in the Company. Each of Redmont and Marsland 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 February 8, 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.

   2,140,412    —       11.2 %

Marsland Holdings Limited

   1,300,234    —       6.8 %

Redmont Trading Corp.

   1,058,656    —       5.5 %

First Tsakos Investments Inc.

        3,440,646 (1)   17.9 %

Tsakos Holdings Foundation

        4,499,302 (1)   23.5 %

 

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 1,414,416 and 16,000 Common Shares, respectively. Together, the group would be deemed to beneficially own 5,929,718 Common Shares, constituting 31.0% 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 19,173,195 issued and outstanding Common Shares as reported in a Form 6-K filed by the Company with the SEC on December 28, 2005 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.

 

The purchases of 90,300 Common Shares and 96,100 Common Shares, by each of 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. 5.

 

(c) 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.

 

(d) 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 February 8, 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. 5 is true, complete and correct.

 

Dated: February 8, 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.   4 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

 

Marsland Holdings Limited

 

Date

   No. of Shares

   Price

12/6/05    600    $ 38.67
12/6/05    1,400      38.84
12/6/05    1,500      38.81
12/6/05    900      38.82
12/6/05    2,500      38.83
12/6/05    700      38.85
12/6/05    300      38.99
12/6/05    500      38.98
12/6/05    500      38.95
12/6/05    500      38.93
12/6/05    100      38.93
12/6/05    3,500      39.00
12/6/05    3,500      39.00
12/6/05    100      39.00
12/7/05    1,500      38.80
12/7/05    1,500      38.91
12/7/05    2,500      38.88
12/7/05    1,500      38.90
12/7/05    1,500      38.91
12/7/05    500      38.87
12/7/05    500      38.86
12/7/05    1,500      38.91
12/7/05    900      38.86
12/7/05    2,000      38.95
12/7/05    3,500      38.92
12/7/05    1,600      38.91
12/7/05    900      38.94
12/7/05    100      38.99
12/8/05    1,000      38.85
12/8/05    2,500      38.81
12/8/05    100      38.83
12/8/05    1,400      38.85
12/8/05    500      38.86
12/8/05    1,500      38.85
12/8/05    3,000      38.90
12/8/05    1,500      38.85
12/8/05    500      38.85
12/8/05    1,500      38.86
12/8/05    1,500      38.88
12/9/05    2,500      38.85
12/9/05    2,200      38.9982
12/9/05    2,500      39.00
12/9/05    2,500      39.00


12/9/05    1,000      39.00
12/9/05    2,000      38.985
12/12/05    1,500      39.35
12/12/05    1,000      39.32
12/12/05    1,500      39.34
12/12/05    1,500      39.34
12/12/05    1,000      39.33
12/12/05    1,500      39.33
12/12/05    1,500      39.3833
12/12/05    1,500      39.4747
12/12/05    1,000      39.48
12/12/05    1,500      39.49
12/12/05    1,500      39.50
12/13/05    1,500      39.34
12/13/05    1,500      39.39
12/13/05    300      39.35
12/13/05    500      39.35
12/13/05    1,000      39.37
12/13/05    200      39.35
12/13/05    1,000      39.379
12/13/05    1,000      39.40
12/13/05    1,000      39.38
12/13/05    400      39.33
12/13/05    1,000      39.40
12/13/05    1,600      39.48
Total    90,300    $ 3,525,882


Redmont Trading Corp.

 

Date

   No. of Shares

   Price

1/17/06    1,000    $ 35.99
1/17/06    1,000      36.00
1/17/06    1,000      36.00
1/17/06    500      35.92
1/17/06    500      35.982
1/17/06    400      36.00
1/18/06    1,500      36.06
1/18/06    1,000      35.91
1/18/06    1,000      35.95
1/18/06    1,000      35.81
1/18/06    1,000      35.53
1/18/06    500      35.58
1/18/06    1,000      35.55
1/18/06    1,000      35.58
1/18/06    1,000      35.66
1/18/06    1,000      35.77
1/18/06    1,000      35.70
1/18/06    1,000      35.72
1/18/06    500      35.68
1/18/06    500      35.71
1/18/06    1,000      35.70
1/18/06    200      35.65
1/18/06    1,800      35.85
1/20/06    1,500      35.9873
1/20/06    1,500      35.9873
1/20/06    1,500      35.99
1/20/06    1,000      35.95
1/20/06    1,500      35.98
1/20/06    1,000      35.984
1/20/06    1,000      35.988
1/20/06    1,000      35.974
1/23/06    1,000      35.8000
1/23/06    300      35.8500
1/23/06    700      35.8914
1/23/06    1,000      35.5700
1/23/06    100      35.8500
1/23/06    900      36.0000
1/23/06    1,000      35.9900
1/23/06    1,000      35.9380
1/23/06    1,500      35.9693
1/23/06    200      36.0000
1/24/06    1,000      36.64
1/24/06    1,000      36.61
1/24/06    1,000      36.50


1/24/06    1,000    36.50
1/24/06    1,000    36.50
1/24/06    1,000    36.50
1/24/06    1,000    36.58
1/24/06    1,000    36.60
1/24/06    600    36.69
1/24/06    400    36.75
1/24/06    1,000    36.72
1/25/06    1,000    36.20
1/25/06    1,000    36.187
1/25/06    1,000    36.285
1/25/06    1,000    36.336
1/25/06    1,000    36.449
1/25/06    500    36.32
1/25/06    500    36.454
1/25/06    1,000    36.442
1/25/06    1,000    36.458
1/25/06    1,000    36.37
1/25/06    1,000    36.359
1/26/06    1,000    36.235
1/26/06    1,000    36.25
1/26/06    1,000    36.326
1/26/06    1,000    36.324
1/26/06    400    36.335
1/26/06    1,000    36.442
1/26/06    600    36.57
1/26/06    1,000    36.594
1/26/06    1,000    36.708
1/26/06    2,000    36.793
1/27/06    2,500    36.8184
1/27/06    2,500    36.828
1/27/06    2,500    36.8276
1/27/06    2,500    36.82
1/30/06    1,000    36.928
1/30/06    1,000    36.999
1/30/06    1,000    37.10
1/30/06    1,000    37.10
1/30/06    1,000    37.05
1/30/06    1,000    37.10
1/30/06    1,000    37.10
1/30/06    1,000    37.10
1/31/06    1,500    36.80
1/31/06    1,500    36.72
1/31/06    1,500    36.72
1/31/06    200    36.65
1/31/06    1,300    36.70


1/31/06

   1,500      36.6993

1/31/06

   100      36.66

1/31/06

   1,400      36.8143

1/31/06

   1,000      36.826

Total

   96,100    $ 3,493,051


EXHIBIT INDEX

 

The following materials are filed as Exhibits to this Amendment No. 5:

 

Exhibit 1: Joint Filing Agreement, dated February 8, 2006, among Kelley Enterprises Inc., Marsland Holdings Limited, Redmont Trading Corp., First Tsakos Investments Inc. and Tsakos Holdings Foundation.