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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
UNIVERSAL SECURITY INSTRUMENTS, INC.
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(Name of Issuer)
COMMON
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(Title of Class of Securities)
913821302
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(CUSIP Number)
AUGUST 31, 2007
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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)
|_| 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).
Persons who respond to the collection of information contained
in this form are not required to respond unless the form
displays a currently valid OMB control number.
Page 1 of 5
SEC 1745 (8-07)
CUSIP No.913821302 13G Page 2 of 5 Pages
________________________________________________________________________________
1. NAMES OF REPORTING PERSONS
FIRST MANHATTAN CO.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(see instructions) (a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER 5,500
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER 238,650
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER 285,775
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
285,775
________________________________________________________________________________
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(see instructions)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON* (see instructions)
BD, IA, PN
________________________________________________________________________________
CUSIP No. 913821302 13G Page 3 of 5 Pages
________________________________________________________________________________
Item 1(a). Name of Issuer:
UNIVERSAL SECURITY INSTRUMENTS, INC.
________________________________________________________________________________
Item 1(b). Address of Issuer's Principal Executive Offices:
7-A GWYNNS MILL COURT
OWINGS MILLS, MD 21117
________________________________________________________________________________
Item 2(a). Name of Person Filing:
FIRST MANHATTAN CO.
________________________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
437 MADISON AVENUE
NEW YORK, NY 10022
________________________________________________________________________________
Item 2(c). Citizenship:
U.S.A.
________________________________________________________________________________
Item 2(d). Title of Class of Securities:
COMMON
________________________________________________________________________________
Item 2(e). CUSIP Number:
913821302
________________________________________________________________________________
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:
(a) [_] Broker or dealer registered under Section 15 of the Act (15
U.S.C. 78o).
(b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [_] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [_] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
(e) [X] An investment adviser in accordance with Section 240.13d-1(b)(1)
(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h) [_] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [_] 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 (15 U.S.C. 80a-3);
(j) [_] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
CUSIP No. 913821302 13G Page 4 of 5 Pages
________________________________________________________________________________
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 285,775
(b) Percent of class: 11.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 5,500
(ii) Shared power to vote or to direct the vote 238,650
(iii) Sole power to dispose or to direct the disposition of 285,775
(iv) Shared power to dispose or to direct the disposition of 0
________________________________________________________________________________
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 [ ].
________________________________________________________________________________
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
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. Certifications.
(a) The following certification shall be included if the statement is filed
pursuant to Section 240.13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in
the ordinary course of business and 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.
(b) The following certification shall be included if the statement is filed
pursuant to Section 240.13d-1(c):
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.
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.
SEPTEMBER 28, 2007
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(Date)
/s/ NEAL K. STEARNS
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(Signature)
NEAL K. STEARNS
SENIOR MANAGING DIRECTOR
----------------------------------------
(Name/Title)
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
for whom copies are to be sent.
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).