UNITED STATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
ACMAT CORPORATION
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
004616 10 8
(CUSIP Number)
DECEMBER 31, 2002
(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).
Page 1 of 6 pages
CUSIP NO. 004616 10 8
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
Robert E. Robotti
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 125,990
OWNED BY ------------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH ------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
125,990
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON
125,990
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.2%
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12. TYPE OF REPORTING PERSON*
IN
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Page 2 of 6 pages
CUSIP NO. 004616 10 8
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1. NAME OF REPORTING PERSON
Robotti & Company, Incorporated
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
11-2627501
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 125,990
OWNED BY ------------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON WITH ------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
125,990
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORT PERSON
125,990
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.2%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO, BD, IA
--------------------------------------------------------------------------------
Page 3 of 6 pages
SCHEDULE 13G
ITEM 1. (A) NAME OF ISSUER
ACMAT Corporation
ITEM 1. (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
233 Main Street
New Britain, Connecticut 06050-2350
ITEM 2. (A) NAME OF PERSON FILING
This statement is filed by:
(i) Robert E. Robotti ("Robotti"), a United States citizen; and
(ii) Robotti & Company, Incorporated ("Robotti & Company"), a New York
corporation
ITEM 2. (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
c/o Robotti & Company, Incorporated
52 Vanderbilt Avenue,
Suite 503
New York, New York 10017
ITEM 2. (C) CITIZENSHIP
See Item 2(a)
ITEM 2. (D) TITLE OF CLASS OF SECURITIES
Class A Common Stock ("Security")
ITEM 2. (E) CUSIP NUMBER
004616 10 8
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:
(a) [X] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
(e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d- 1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d- 1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Page 4 of 6 pages
SCHEDULE 13G
ITEM 4. OWNERSHIP.
(a) Robert E. Robotti shares beneficial ownership of 125,990 shares of the
Security through the following:
- his ownership of Robotti & Company, a broker-dealer
registered under Section 15 of the Securities Exchange Act
of 1934 and an investment advisor in accordance with Rule
13d-1 (b)(1)(ii)(E), by virtue of the investment discretion
Robotti & Company has over the accounts of its brokerage
customers and advisory clients, which hold an aggregate of
124,690 shares of the Security; and
- his ownership of Robotti & Company, which directly owns
1,300 shares of the Security.
(b) The amount of shares of the Security beneficially owned by Robert E.
Robotti is 7.2% of the total outstanding shares of 1,756,404 Class A
common stock as per the Issuer's most recent 10-Q dated November 14,
2002.
(c) (i) Mr. Robotti does not have the sole power to vote or direct the
vote of any of the shares of the Security.
(ii) Mr. Robotti shares the power to vote or direct the vote of
125,990 shares of the Security with Robotti & Company and its
brokerage customers and advisory clients.
(iii)Mr. Robotti does not have the sole power to dispose or to direct
the disposition of any shares of the Security.
(iv) Mr. Robotti shares the power to dispose or to direct the
disposition of 125,990 shares of the Security with Robotti &
Company and its brokerage customers and advisory clients.
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.
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in
the ordinary course of business and 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.
Page 5 of 6 pages
SCHEDULE 13G
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: February 14, 2003
Robotti & Company, Incorporated
By: /s/ Robert E. Robotti
-------------------------------
Name: Robert E. Robotti
Title: President and Treasurer
By: /s/ Robert E. Robotti
-------------------------------
Name: Robert E. Robotti
Page 6 of 6 pages