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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Citi Trends, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
17306X102
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(CUSIP Number)
December 31, 2005
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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:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| 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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1. Names of Reporting Persons. I.R.S. Identification Nos. of above
persons (entities only).
Hampshire Equity Partners II, L.P. (133921325).
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
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3. SEC Use Only
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4 Citizenship or Place of Organization
Delaware.
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5. Sole Voting Power
5,390,235.
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6. Shared Voting Power
Number of
Shares 0.
Beneficially
Owned by --------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting
Person With 5,390,235.
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8. Shared Dispositive Power
0.
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
5,390,235.
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) |_|
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11. Percent of Class Represented by Amount in Row (9)
40.3%
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12. Type of Reporting Person (See Instructions)
PN
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Item 1.
(a) Name of Issuer:
Citi Trends, Inc. (the "Issuer").
(b) Address of Issuer's Principal Executive Offices:
102 Fahm Street, Savannah, Georgia 31401.
Item 2.
(a) Name of Person Filing:
Hampshire Equity Partners II, L.P. (the "Reporting Person").
(b) Address of Principal Business, or if none, Residence:
520 Madison Avenue, New York, New York 10022.
(c) Citizenship:
Delaware.
(d) Title of Class of Securities:
Common Stock, $.01 par value.
(e) CUSIP Number: 17306X102.
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership:
(a) Amount beneficially owned (as of February 13, 2006):
5,390,235.
(b) Percent of class:
40.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 5,390,235.
(ii) Shared power to vote or to direct the vote: 0.
(iii) Sole power to dispose or to direct the disposition of : 5,390,235.
(iv) Shared power to dispose or to direct the disposition of : 0.
Item 5. Ownership of 5% or Less of a Class:
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If this statement is being filed to report the fact that as of the
date hereof the reporting persons have ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Lexington Equity Partners II, Inc. is the general partner of
Lexington Equity Partners II, L.P., which is the general partner of
Hampshire Equity Partners II, L.P. ("Hampshire"). As such, Lexington
Equity Partners II, Inc. and Lexington Equity Partners II, L.P. could
be deemed to beneficially own the shares of the Issuer owned directly
by Hampshire. Lexington Equity Partners II, Inc. and Lexington Equity
Partners II, L.P. disclaim beneficial ownership of such shares, and
this report shall not be deemed an admission that either Lexington
Equity Partners II, Inc. or Lexington Equity Partners II, L.P. is the
beneficial owner of the securities for the purpose of Section 16 or
for any other purpose.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or
Control Person:
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:
Not applicable.
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SIGNATURE
After reasonable inquiry and to the best of the undersigneds' knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: February 14, 2006
HAMPSHIRE EQUITY PARTNERS II, L.P.
By: Lexington Equity Partners II, L.P., its General Partner
By: Lexington Equity Partners II, Inc., its General Partner
By: /s/ Gregory P. Flynn
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Name: Gregory P. Flynn
Title: Vice President
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