formsc13da.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Command Security Corporation
(Name of Issuer)
 
Common Stock, $0.001 par value
(Title of Class of Securities)
 
 
200 50L 100
Cusip Number
 
Norman H. Pessin
366 Madison Avenue, 14th Floor
New York, NY  10017
212-661-2670
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
May 10, 2010
(Date of Event which Requires Filing
of this Statement)


If the filing person has previously filed a statement of Schedule 13G to report the acquisition which is the subject of the Schedule 13D, and is filing this schedule because of ss. 240.13d-1(e), ss. 240.13d-1(f) or ss. 240.13d-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 ss.240.13d-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 the 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).
 
 
 
 

PAGE 2
CUSIP No.  200 50L 100
Schedule 13D

 
1
NAME OF REPORTING PERSON
   
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
1) SEP IRA FBO Norman H. Pessin
   
2) Sandra F. Pessin
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
  
þ
(b)
  
þ
     
 
3
SEC USE ONLY
     
     
 
4
SOURCE OF FUNDS
   
PF
     
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
o
     
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
   
United States
     
NUMBER OF SHARES
7
SOLE VOTING POWER
   
1) 493,500
BENEFICALLY
  
2) 337,800
 
    
OWNED BY EACH
8
SHARED VOTING POWER
     
REPORTING    
 
9
SOLE DISPOSITIVE POWER
PERSON WITH
  
1) 493,500
   
2) 337,800
     
 
10
SHARED DISPOSITIVE POWER
     
     
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
1) 493,500
   
2) 337,800
     
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
   
o
     
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
1) 4.5%
   
2) 3.1%
     
 
14
TYPE OF REPORTING PERSON*
   
IN

 
 
 

PAGE 3
CUSIP No.  200 50L 100
Schedule 13D

Item 1.    Security and Issuer

This Schedule 13D relates to the common stock, $    par value (the "Common Stock"), of Command Security Corporation (the "Issuer"),
whose principal executive offices are located at Lexington Park, LaGrangeville, New York.

Item 2.    Identity and Background

This Schedule 13D is being filed by SEP F/B/O Norman H. Pessin and for Sandra F. Pessin (each a “Reporting Person”)Certain information with respect to each Reporting Person is set forth below:


 
Name and Address:
1)
Norman H. Pessin
     
366 Madison Avenue, 14th Floor
     
New York, NY  10017
       
   
2)
Sandra F. Pessin
     
366 Madison Avenue, 14th Floor
     
New York, NY  10017
       
       
 
Principal Occupation:
1)
Retired
       
   
2)
Housewife
       
 
Criminal convictions:
1)
None
       
   
2)
None
       
 
Civil proceedings:
1)
None
       
   
2)
None
       
 
Citizenship:
1)
United States
       
   
2)
United States

 
 
 

PAGE 4
CUSIP No.  200 50L 100


Item 4.    Purposes of the Transactions

The purpose of the acquisitions of securities is investment.
The Reporting Persons reserve the right to seek changes in the management of the issuer in the future or in its business.  No such plans currently exist.


Item 5.    Interest in Securities of the Issuer
 
SEP IRA F/B/O Norman H. Pessin owns 493,500 shares of common stock of the issuer, constituting 4.5% of the outstanding shares thereof.  Sandra F. Pessin owns 337,800 shares which aggregate 3.1% of the shares thereof.

 
 
 

PAGE 5
CUSIP No.  200 50L 100


Item 6.    Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer

None.

Item 7.    Material to Be Filed as Exhibits

None.

Signatures

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.


   
SEP IRA F/B/O Norman H.Pessin
       
       
 
By:
   /s/ Norman H. Pessin  
   
Norman H. Pessin
  
       
       
      /s/ Sandra F. Pessin  
   
Sandra F. Pessin
  
       
May 10, 2010