Schedule 13D/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 12 )*

CSS INDUSTRIES, INC.
(Name of Issuer)
Common Stock, $.10 par value
(Title of Class of Securities)
125906 10 7
(CUSIP Number)
Justin W. Chairman, Esq.
Morgan, Lewis & Bockius LLP
1701 Market Street
Philadelphia, PA 19103-2921
(215) 963-5000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 9, 2010
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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 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).

 
 


 

                     
CUSIP No.
 
125906 10 7 
 

 

           
1   NAMES OF REPORTING PERSONS

Ellen B. Farber (f/k/a Ellen B. Kurtzman)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  7   SOLE VOTING POWER
     
NUMBER OF   481,501 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0 Shares
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   481,501 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  481,501 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  4.96%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

2


 

                     
CUSIP No.
 
125906 10 7 
 

 

           
1   NAMES OF REPORTING PERSONS

Delv, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   200,000 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0 Shares
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   200,000 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  200,000 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  2.06%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

3


 

                     
CUSIP No.
 
125906 10 7 
 

 

           
1   NAMES OF REPORTING PERSONS

Trust FBO Ellen B. Farber under the 2002 Farber Children’s Trusts dated December 12, 2002
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Florida
       
  7   SOLE VOTING POWER
     
NUMBER OF   0 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   200,000 Shares
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    200,000 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  200,000 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  2.06%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

4


 

                     
CUSIP No.
 
125906 10 7 
 

 

           
1   NAMES OF REPORTING PERSONS

Trust FBO David M. Farber under the 2002 Farber Children’s Trusts dated December 12, 2002
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Florida
       
  7   SOLE VOTING POWER
     
NUMBER OF   0 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   200,000 Shares
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    200,000 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  200,000 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  2.06%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

5


 

                     
CUSIP No.
 
125906 10 7 
 

 

           
1   NAMES OF REPORTING PERSONS

BLK Investments L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Pennsylvania
       
  7   SOLE VOTING POWER
     
NUMBER OF   66,457 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0 Shares
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   66,457 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  66,457 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  0.68%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

6


 

                     
CUSIP No.
 
125906 10 7 
 
This Amendment No. 12 amends the Schedule 13D, as previously amended, filed by Ellen B. Farber (f/k/a Ellen B. Kurtzman), Delv, L.P. (the “Partnership”), Trust FBO Ellen B. Farber under The 2002 Farber Children’s Trusts dated December 12, 2002 (the “EBF Trust”), Trust FBO David M. Farber under The 2002 Farber Children’s Trusts dated December 12, 2002 (the “DMF Trust,” and together with the EBF Trust, the “Children’s Trusts”), and BLK Investments L.P. (“BLK Investments”) with respect to the common stock, par value $.10 per share (“Common Stock”), of CSS Industries, Inc., a Delaware corporation (“CSS”).
Item 5.   Interest in Securities of the Issuer
Ellen B. Farber may be deemed to beneficially own 481,501 shares of Common Stock (4.96 percent of the issued and outstanding Common Stock, based upon information provided by CSS in its quarterly report on Form 10-Q for the quarter ended September 30, 2010 indicating that 9,702,446 shares of Common Stock were issued and outstanding on November 3, 2010). She has sole voting and investment power with regard to all of such shares, described as follows:
    83,667 shares of Common Stock (0.86 percent of the issued and outstanding Common Stock) owned directly.
 
    200,000 shares of Common Stock (2.06 percent of the issued and outstanding Common Stock) owned by the Partnership. Ellen B. Farber exercises voting and investment power over these shares through Delv, Inc. (the “General Partner”), a Delaware corporation and general partner of the Partnership, which has the sole voting and investment power with regard to the shares of Common Stock owned by the Partnership. One-half of the outstanding common stock of the General Partner is held by each of the Children’s Trusts, for which Ellen B. Farber serves as sole trustee. As a result, the Children’s Trusts may be deemed to have shared voting and investment power with regard to the 200,000 shares held by the Partnership. Ellen B. Farber also is the sole director of the General Partner and serves as the President, Secretary and Treasurer of the General Partner. In that capacity, Ellen B. Farber has the power to act on behalf of the General Partner to vote and dispose of shares held by the Partnership. The General Partner holds a 0.1 percent interest in the Partnership, and the remaining 99.9 percent interest in the Partnership is owned by the 2003 Farber Family Trust (the “2003 Trust”), of which Ellen B. Farber is the sole trustee. Because the limited partners of the Partnership, in their capacity as limited partners, do not have power to vote or dispose of the shares of Common Stock held by the Partnership, the 2003 Trust is not deemed to have voting or investment power with respect to the Common Stock held by the Partnership. The 2003 Trust does not otherwise have voting or investment power with respect to any shares of Common Stock.
 
    66,457 shares of Common Stock (0.68 percent of the issued and outstanding Common Stock) owned by BLK Investments. Ellen B. Farber exercises voting and investment power over these shares through the EBF Trust, the general partner of BLK Investments, which has the sole voting and investment power with regard to the shares of Common Stock owned by BLK Investments. Ellen B. Farber is the sole trustee of the EBF Trust, and in that capacity, Ellen B. Farber has the power to act on behalf of the EBF Trust, in its capacity as the general partner of BLK Investments, to vote and dispose of shares held by BLK Investments.

 

7


 

                     
CUSIP No.
 
125906 10 7 
 
Ellen B. Farber may also be deemed to have sole voting and investment power with respect to 131,377 shares of Common Stock (1.35 percent of the issued and outstanding Common Stock) held by the Farber Family Foundation, Inc., a charitable foundation (the “Farber Family Foundation”). Ellen B. Farber, Jack Farber, her father, Vivian Farber, her mother, and David M. Farber, her brother, are members, officers and directors of the Farber Family Foundation. However, only Ellen B. Farber has authority to exercise voting and investment power with respect to shares of Common Stock currently held by the Farber Family Foundation. As a matter of policy, the Farber Family Foundation does not vote the shares of Common Stock that it owns. Ellen B. Farber disclaims any beneficial ownership in the shares held by the Farber Family Foundation.
In addition, subsequent to the filing date of Amendment No. 11 to the Schedule 13D, the Partnership sold an aggregate of 131,292 shares of Common Stock as follows:
                 
Date of Sale   Number of Shares     Price Per Share ($)  
March 11, 2010
    1,700       18.05  
March 11, 2010
    58       18.06  
March 11, 2010
    8       18.07  
March 11, 2010
    800       18.08  
March 11, 2010
    480       18.09  
March 11, 2010
    2,389       18.10  
March 11, 2010
    100       18.15  
March 11, 2010
    200       18.19  
March 11, 2010
    2,906       18.20  
March 11, 2010
    600       18.21  
March 11, 2010
    300       18.22  
March 11, 2010
    200       18.23  
March 11, 2010
    151       18.82  
March 11, 2010
    400       18.83  
March 11, 2010
    300       18.88  
March 11, 2010
    100       18.98  
March 11, 2010
    100       18.99  
March 11, 2010
    500       19.01  
March 12, 2010
    99       18.90  
March 12, 2010
    10       18.91  
March 12, 2010
    106       18.93  
March 12, 2010
    200       18.94  
March 12, 2010
    100       18.95  
March 12, 2010
    300       18.96  
March 12, 2010
    1,245       18.99  
March 12, 2010
    2,750       19.00  

 

8


 

                     
CUSIP No.
 
125906 10 7 
 
                 
Date of Sale   Number of Shares     Price Per Share ($)  
March 12, 2010
    500       19.01  
March 12, 2010
    300       19.02  
March 12, 2010
    200       19.04  
March 12, 2010
    800       19.05  
March 12, 2010
    200       19.06  
March 12, 2010
    100       19.07  
March 12, 2010
    300       19.14  
March 12, 2010
    200       19.15  
March 15, 2010
    300       18.75  
March 15, 2010
    100       18.77  
March 15, 2010
    200       18.80  
March 15, 2010
    600       18.81  
March 15, 2010
    100       18.83  
March 15, 2010
    100       18.84  
March 15, 2010
    500       18.85  
March 15, 2010
    190       18.86  
March 15, 2010
    1,197       18.89  
March 15, 2010
    500       18.90  
March 15, 2010
    200       18.92  
March 15, 2010
    100       18.93  
March 15, 2010
    600       18.96  
March 15, 2010
    603       18.99  
March 15, 2010
    436       19.00  
March 15, 2010
    100       19.01  
March 15, 2010
    100       19.02  
March 15, 2010
    64       19.03  
March 15, 2010
    200       19.04  
March 15, 2010
    1,400       19.05  
March 15, 2010
    800       19.06  
March 15, 2010
    100       19.07  
March 15, 2010
    256       19.08  
March 15, 2010
    244       19.09  
March 15, 2010
    200       19.10  
March 15, 2010
    500       19.11  
March 15, 2010
    300       19.12  
March 15, 2010
    1,000       19.13  
March 15, 2010
    200       19.16  
March 15, 2010
    200       19.18  
March 15, 2010
    400       19.21  
March 15, 2010
    500       19.23  
March 15, 2010
    300       19.26  
November 4, 2010
    2,168       18.74  

 

9


 

                     
CUSIP No.
 
125906 10 7 
 
                 
Date of Sale   Number of Shares     Price Per Share ($)  
November 4, 2010
    4,000       18.64  
November 4, 2010
    2,000       18.59  
November 4, 2010
    6,000       18.54  
November 4, 2010
    4,000       18.44  
November 4, 2010
    3,000       18.39  
November 4, 2010
    7,000       18.35  
November 4, 2010
    4,000       18.34  
November 4, 2010
    1,000       18.32  
November 4, 2010
    5,000       18.31  
November 4, 2010
    5,000       18.30  
November 4, 2010
    1,000       18.29  
November 5, 2010
    2,509       18.20  
November 5, 2010
    100       18.24  
November 5, 2010
    1,000       18.29  
November 5, 2010
    1,000       18.39  
November 5, 2010
    391       18.54  
November 5, 2010
    832       18.57  
November 9, 2010
    10,250       18.70  
November 9, 2010
    1,000       18.73  
November 9, 2010
    350       18.74  
November 9, 2010
    6,900       18.75  
November 9, 2010
    500       18.76  
November 9, 2010
    100       18.80  
November 10, 2010
    7,000       18.32  
November 10, 2010
    1,606       18.40  
November 10, 2010
    1,000       18.41  
November 10, 2010
    2,000       18.42  
November 10, 2010
    4,300       18.43  
November 10, 2010
    700       18.44  
November 10, 2010
    1,000       18.48  
November 10, 2010
    605       18.49  
November 11, 2010
    11,384       18.10  
November 11, 2010
    5       18.11  
November 11, 2010
    300       18.12  
November 11, 2010
    1,000       18.15  
TOTAL
    131,292          
The sales by the Partnership listed in the table above were effected in the public trading markets under a Registration Statement on Form S-3 (Commission File No. 333-156031).

 

10


 

                     
CUSIP No.
 
125906 10 7 
 
Item 7.   Material to be Filed as Exhibits.
6. Agreement relating to joint filing of this statement. Exhibit 6 provides as follows:
By the execution of this Amendment No. 12 to Schedule 13D, each of the persons signing this Amendment No. 12 to Schedule 13D agrees that this Amendment No. 12 to Schedule 13D and any further amendment to the Schedule 13D shall be filed on behalf of each of them.

 

11


 

                     
CUSIP No.
 
125906 10 7 
 
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
         
  /s/ Ellen B. Farber    
  Ellen B. Farber   
 
  DELV, L.P.
 
 
  By:   DELV, INC., its General Partner    
         
  By:   /s/ Ellen B. Farber    
    Ellen B. Farber, President   
         
  TRUST FBO ELLEN B. FARBER UNDER THE 2002 FARBER CHILDREN’S TRUSTS DATED DECEMBER 12, 2002
 
 
  By:   /s/ Ellen B. Farber    
    Ellen B. Farber, Trustee   
 
  TRUST FBO DAVID M. FARBER UNDER THE 2002 FARBER CHILDREN’S TRUSTS DATED DECEMBER 12, 2002
 
 
  By:   /s/ Ellen B. Farber    
    Ellen B. Farber, Trustee   
       
 
Signatures continued on next page

 

12


 

                     
CUSIP No.
 
125906 10 7 
 
Signatures continued from previous page
         
  BLK INVESTMENTS L.P.


By:   Trust FBO Ellen B. Farber under the 2002
         Farber Children’s Trusts Dated December 12, 2002,
         its General Partner  
 
         
  By:   /s/ Ellen B. Farber    
    Ellen B. Farber, Trustee   
       
 
Date: November 15, 2010

 

13