Sec Form 4 Filing - RJG Capital Management LLC @ SCHULMAN A INC - 2007-03-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
RJG Capital Management LLC
2. Issuer Name and Ticker or Trading Symbol
SCHULMAN A INC [ SHLM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
11517 WEST HILL DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/30/2007
(Street)
NORTH BETHESDA, MD20852
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12,500 ( 1 ) ( 2 ) I ( 1 ) By RJG Capital Partners, L.P. ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RJG Capital Management LLC
11517 WEST HILL DRIVE
NORTH BETHESDA, MD20852
See Remarks
RJG Capital Partners LP
11517 WEST HILL DRIVE
NORTH BETHESDA, MD20852
See Remarks
Gross Ronald J
11517 WEST HILL DRIVE
NORTH BETHESDA, MD20852
See Remarks
Signatures
RJG CAPITAL PARTNERS, L.P., By: RJG Capital Management, LLC, its general partner, By: /s/ Ronald J. Gross, Managing Member 04/13/2007
Signature of Reporting Person Date
RJG CAPITAL MANAGEMENT , LLC, By: /s/ Ronald J. Gross, Managing Member 04/13/2007
Signature of Reporting Person Date
/s/ Ronald J. Gross 04/13/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are owned directly by RJG Capital Partners, L.P. As the general partner of RJG Capital Partners, L.P., RJG Capital Management, LLC may be deemed to beneficially own the shares beneficially owned by RJG Capital Partners, L.P. As the managing member of RJG Capital Management, LLC, which in turn is the general partner of RJG Capital Partners, L.P., Ronald J. Gross may be deemed to beneficially own the shares beneficially owned by RJG Capital Partners, L.P. Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
( 2 )Reflects number of shares owned as of March 30, 2007.

Remarks:
As of March 30, 2007, the Reporting Persons ceased to be members of a Section 13(d) group with Ramius Capital Group, L.L.C. and certain of its affiliates, and as such, the Reporting Persons are no longer subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended, and have filed this voluntary exit filing.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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