UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO ss240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO ss240.13d-2
(Amendment No. )*
NEWLEAD HOLDINGS LTD.
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
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(Title of Class of Securities)
G64626 131
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(CUSIP Number)
July 22, 2014
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(Date of Event Which Requires Filing of this Statement)
Check the following box to designate the rule pursuant to which this Schedule is
filed.
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] rule 13d-1(d)
*The remainder of this cover 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).
Cusip No. G64626 131 13G Page 2 of 7 Pages
1. NAME OF REPORTING PERSONS
-------------------------------------------------------------
MORRIS BAWABEH
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES
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NUMBER OF 5. SOLE VOTING POWER 81,140 shares
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 919,360 shares
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 81,140 shares
REPORTING PERSON
WITH 8. SHARED DISPOSITIVE POWER 919,360 shares
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,500 shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3%
12. TYPE OF REPORTING PERSON*
IN
Cusip No. G64626 131 13G Page 3 of 7 Pages
1. NAME OF REPORTING PERSONS
-------------------------------------------------------------
Kulayba LLC
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
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SHAPIRO CAPITAL MANAGEMENT LLC IS A DELAWARE LIMITED LIABILITY COMPANY
NUMBER OF 5. SOLE VOTING POWER 0 shares
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 919,360 shares
EACH
REPORTING PERSON 7. SOLE DISPOSITIVE POWER 0 shares
WITH
8. SHARED DISPOSITIVE POWER 919,360 shares
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,500 shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3%
12. TYPE OF REPORTING PERSON*
00
Cusip No. G64626 131 13G Page 4 of 7 Pages
Schedule 13G Additional Information
Item #
1. (a) Name of Issuer: NewLead Holdings Ltd.
(b) Address of Issuer's Principal Executive Offices:
83 Akti Miaouli & Flessa Street
185 38 Piraeus, Greece
2. (a) Name of Person Filing:
Morris Bawabeh
(b) Address of Principal Business Office for Each of the Above:
2266 E. 5th Street
Brooklyn, NY 11223
(c) Citizenship:
United States
(d) Title of Class of Securities:
COMMON STOCK, $0.01 PAR VALUE
(e) CUSIP Number:
G64626 131
3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b). The
person filing is a:
Cusip No. G64626 131 13G Page 5 of 7 Pages
4. Ownership:
(a) Amount Beneficially Owned: See item 9 of cover pages.
(b) Percent of Class: See item 11 of cover pages.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
See items 5-8 of cover pages.
The reporting persons purchased shares of Common Stock, par value $0.01
(the "Common Stock") as set forth in items 5-8 of the cover pages. Mr. Morris
Bawabeh is a control person of Kulayba LLC and has the authority to control the
vote and disposition of the Common Stock held by Kulayba LLC. Mr. Morris Bawabeh
and Kulayba LLC have entered into a Joint Filing Agreement attached hereto as
Exhibit A.
On the date of the event which requires filing of this statement, 100,000
shares of the Common Stock were held in a securities account beneficially owned
jointly by Mr. Morris Bawabeh and his wife Mrs. Dolly Bawabeh. Mr. Morris
Bawabeh has sole power to control the vote and disposition of the Common Stock
held in such account. On August 12, 2014, such shares were transferred to the
account of Kulayba LLC.
240 shares of the Common Stock are held in securities account beneficially
owned jointly by Mr. Morris Bawabeh and his son, Mr. Solar Bawabeh. Mr. Morris
Bawabeh has sole power to control the vote and disposition of the Common Stock
held in such account.
The percentages of beneficial ownership shown herein are based on
approximately 33,400,000 million shares of Common Stock outstanding as indicated
in the issuer's report on Form 6-K filed on August 21, 2014.
Cusip No. G64626 131 Page 6 of 7 Pages
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [ ]
INSTRUCTION: Dissolution of a group requires a response to this item.
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 OR CONTROL
PERSONS.
Morris Bawabeh is the sole member of Kulayba LLC.
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 each party certifies that, to the best of his/her/its
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.
Page 7 of 7 Pages
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: August 26, 2014
/s/ MORRIS BAWABEH
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Morris Bawabeh
Kulayba LLC
By: /s/ MORRIS BAWABEH
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Morris Bawabeh
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)