Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
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).
SCHEDULE 13G
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1
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Names of Reporting Person
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JDS1, LLC
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2
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Check the appropriate box if a member of a Group (see instructions)
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(a) ☐
(b) ☑
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3
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Sec Use Only
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4
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Citizenship or Place of Organization
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Delaware
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Number of Shares Beneficially Owned by Each Reporting
Person With:
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5
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Sole Voting Power
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872,387
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6
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Shared Voting Power
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0
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7
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Sole Dispositive Power
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872,387
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8
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Shared Dispositive Power
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0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
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872,387
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10
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Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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☐
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11
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Percent of class represented by amount in row (9)
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9.8%
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12
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Type of Reporting Person (See Instructions)
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OO
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1
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Names of Reporting Person
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Julian Singer
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2
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Check the appropriate box if a member of a Group (see instructions)
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(a) ☐
(b) ☑
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3
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Sec Use Only
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|
|
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4
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Citizenship or Place of Organization
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Delaware
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Number of Shares Beneficially Owned by Each Reporting
Person With:
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5
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Sole Voting Power
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872,387[1]
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6
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Shared Voting Power
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0
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7
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Sole Dispositive Power
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872,387[2]
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8
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Shared Dispositive Power
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0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
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872,387[3]
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10
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Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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☐
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11
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Percent of class represented by amount in row (9)
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9.8%
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12
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Type of Reporting Person (See Instructions)
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IN
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____________________________________
[1]
Mr. Singer has sole voting power with respect to all shares held by JDS1, LLC
[2]
Mr. Singer has sole dispositive power with respect to all shares held by JDS1, LLC.
[3]
As of the date hereof, Mr. Singer, as the managing member of JDS1, LLC beneficially owns the shares of Common Stock held by JDS1,
LLC.
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(a)
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Name of Issuer: CSS Industries, Inc.
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(b)
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Address of Issuer’s Principal Executive Offices:
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450 Plymouth Road, Suite
300, Plymouth Meeting, PA
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(a)
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Name of Person Filing:
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JDS1, LLC
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(b)
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Address of Principal Business Office or, if None, Residence:
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2200 Fletcher Ave., Suite 501, Fort Lee, NJ 07024
Delaware
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(d)
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Title and Class of Securities: Common Stock
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(a)
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Name of Person Filing:
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Julian Singer
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(b)
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Address of Principal Business Office or, if None, Residence:
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2200 Fletcher Ave., Suite 501, Fort Lee, NJ 07024
United States
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(d)
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Title and Class of Securities: Common Stock
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Item 3.
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If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing
is a:
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(a)
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☐
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Broker or dealer registered under Section 15 of the Act;
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(b)
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☐
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Bank as defined in Section 3(a)(6) of the Act;
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(c)
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☐
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Insurance company as defined in Section 3(a)(19) of the Act;
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(d)
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☐
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Investment company registered under Section 8 of the Investment Company Act of 1940;
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(e)
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☐
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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☐
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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☐
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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☐
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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☐
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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;
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(j)
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☐
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A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
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(k)
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☐
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Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:____
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(a)
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Amount Beneficially Owned: 872,387 [4]
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(b)
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Percent of Class: 9.8%[5]
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote: 872,387[6]
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(ii)
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Shared power to vote or to direct the vote: 0
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(iii)
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Sole power to dispose or to direct the disposition of: 872,387[7]
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(iv)
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Shared power to dispose or to direct the disposition of: 0
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Item 5.
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Ownership of Five Percent 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 person has ceased to be the beneficial owner of more than five percent of the
class of securities, check the following ☐.
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Item 6.
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Ownership of more than Five Percent on Behalf of Another Person.
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As of the date hereof, Mr. Singer, as
the managing member of JDS1, LLC, is the beneficial owner of the shares of common stock held by JDS1, LLC, and has the power to
direct the receipt of dividends from, or the proceeds from the sale of such shares.
____________________________________
[4]
As of the date hereof, Mr. Singer, as the managing member of JDS1, LLC beneficially owns the shares of Common Stock held by JDS1,
LLC.
[5]
The aggregate percentage of shares of common stock reported is based upon 8,852,852 shares of Common Stock reported as outstanding
on November 11, 2019 in the Issuer’s Form 10-Q filed on November, 14, 2019.
[6]
Mr. Singer has sole voting power with respect to all shares held by JDS1, LLC.
[7]
M. Singer has sole dispositive power with respect to all shares held by JDS1, LLC.
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Item 7.
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Identification and classification of the subsidiary which acquired the security being reported on by the parent holding
company or control person.
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Not Applicable
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Item 8.
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Identification and classification of members of the group.
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Not Applicable
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Item 9.
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Notice of Dissolution of Group.
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Not Applicable
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, other than activities solely in connection with a nomination
under §240.14a-11.
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: January 13, 2020
JDS1, LLC
By /s/ Julian Singer
Name/Title: Julian Singer, Manager
JULIAN SINGER
/s/ Julian Singer
The original statement shall be signed by each
person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person
by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's
authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this
purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who
signs the statement shall be typed or printed beneath his signature.
Attention: Intentional misstatements or omissions
of fact constitute Federal criminal violations (See 18 U.S.C. 1001).