<SEC-DOCUMENT>0001062993-14-006371.txt : 20141107
<SEC-HEADER>0001062993-14-006371.hdr.sgml : 20141107
<ACCEPTANCE-DATETIME>20141107170236
ACCESSION NUMBER:		0001062993-14-006371
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20141107
DATE AS OF CHANGE:		20141107

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Professional Diversity Network, Inc.
		CENTRAL INDEX KEY:			0001546296
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				800900177
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87999
		FILM NUMBER:		141205691

	BUSINESS ADDRESS:	
		STREET 1:		801 W. ADAMS STREET
		STREET 2:		SUITE 600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60607
		BUSINESS PHONE:		312-614-0950

	MAIL ADDRESS:	
		STREET 1:		801 W. ADAMS STREET
		STREET 2:		SUITE 600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Professional Diversity Network, LLC
		DATE OF NAME CHANGE:	20120402

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			North Star Investment Management Corp.
		CENTRAL INDEX KEY:			0001342857
		IRS NUMBER:				364467498
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		20 N. WACKER DRIVE
		STREET 2:		SUITE # 1416
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-580-0900

	MAIL ADDRESS:	
		STREET 1:		20 N. WACKER DRIVE
		STREET 2:		SUITE # 1416
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>sched13g.htm
<DESCRIPTION>FORM SC 13G
<TEXT>
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   <TITLE>North Star Investment Management Corp.: Schedule 13G - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT></B><BR><B>Washington, D.C.
20549 </B></P>
<P align=center><B><FONT size=5>SCHEDULE 13G</FONT></B><B> </B></P>
<P align=center><B>Under the Securities Exchange Act of 1934 </B></P>
<P align=center><STRONG><U><FONT size=5><STRONG>Professional Diversity Network,
Inc. </STRONG></FONT><BR></U></STRONG>(Name of Issuer) </P>
<P align=center><STRONG><U>Common Stock <BR></U></STRONG>(Title of Class of
Securities) </P>
<P align=center><STRONG><U>74312Y103 <BR></U></STRONG>(CUSIP Number) </P>
<P align=center><STRONG><U>December 31, 2013 <BR></U></STRONG>(Date of Event
which Requires Filing of this Statement) </P>
<P align=justify>Check the appropriate box to designate the rule pursuant to
which this Schedule is filed: </P>
<P align=justify>[X] Rule 13d-1(b) </P>
<P align=justify>[&nbsp;&nbsp;&nbsp;] Rule 13d-1(c) </P>
<P align=justify>[&nbsp;&nbsp;&nbsp;] Rule 13d-1(d) </P>
<P align=justify>* 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. </P>
<P align=justify>The information required in the remainder of this cover page
shall not be deemed to be &#147;filed&#148; for the purpose of Section 18 of the
Securities Exchange Act of 1934 (&#147;Act&#148;) 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). </P>
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  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B>CUSIP No.
      74312Y103</B> </TD></TR></TABLE></DIV><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=12 width="100%" border=1>

  <TR vAlign=top>
    <TD align=left valign="middle"><B>1.</B> </TD>
    <TD align=left width="85%">
      <P>NAMES OF REPORTING PERSONS </P>
      <P>North Star Investment Management Corp. </P></TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle"><B>2.</B> </TD>
    <TD align=left width="85%">CHECK THE APPROPRIATE BOX IF A MEMBER OF A
      GROUP <BR>(SEE INSTRUCTIONS) <BR>(a) [&nbsp;&nbsp;&nbsp;] <BR>(b)
      [&nbsp;&nbsp;&nbsp;]</TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle" style="BORDER-BOTTOM: #000000 1px solid"><B>3.</B> </TD>
    <TD align=left width="85%"><p>SEC USE ONLY </p>
      <p>&nbsp;</p></TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle"><B>4.</B> </TD>
    <TD align=left width="85%">
      <P>CITIZENSHIP OR PLACE OF ORGANIZATION </P>
      <P>Delaware </P></TD></TR></TABLE></DIV>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=12 width="100%" border=1>

  <TR vAlign=top>
    <TD rowSpan=4 align=center valign="middle"><B>NUMBER OF</B> <BR>
      <B>SHARES</B>
      <BR><B>BENEFICIALLY</B> <BR><B>OWNED BY</B> <BR><B>EACH</B>
      <BR><B>REPORTING</B> <BR><B>PERSON</B> <BR><B>WITH</B> </TD>
    <TD width="5%" align=left valign="middle"><B>5.</B> </TD>
    <TD align=left width="80%">SOLE VOTING POWER <BR>313,300 </TD></TR>
  <TR vAlign=top>
    <TD width="5%" align=left valign="middle"><B>6.</B> </TD>
    <TD align=left width="80%">SHARED VOTING POWER <BR>0 </TD></TR>
  <TR vAlign=top>
    <TD width="5%" align=left valign="middle"><B>7.</B> </TD>
    <TD align=left width="80%">SOLE DISPOSITIVE POWER <BR>313,300 </TD></TR>
  <TR vAlign=top>
    <TD width="5%" align=left valign="middle"><B>8.</B> </TD>
    <TD align=left width="80%">SHARED DISPOSITIVE POWER <BR>40,725
  </TD></TR></TABLE></DIV>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=12 width="100%" border=1>

  <TR vAlign=top>
    <TD align=left valign="middle"><B>9.</B> </TD>
    <TD align=left width="85%">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
      REPORTING PERSON <BR>354,025 </TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle"><B>10.</B> </TD>
    <TD align=left width="85%">CHECK IF THE AGGREGATE AMOUNT IN ROW (9)
      EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
    [&nbsp;&nbsp;&nbsp;]<BR>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle"><B>11.</B> </TD>
    <TD align=left width="85%">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
      (9) <BR>5.6% (<U>See</U> Item 4 below) </TD></TR>
  <TR vAlign=top>
    <TD align=left valign="middle"><B>12.</B> </TD>
    <TD align=left width="85%">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
      <BR>IA </TD></TR></TABLE></DIV><BR>
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  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B>CUSIP No.
      74312Y103</B> </TD></TR></TABLE></DIV>
<P align=justify><B>Item 1 (a) Name of Issuer </B></P>
<P align=justify>Professional Diversity Network, Inc.</P>
<P align=justify><B>Item 1 (b) Address of Issuer&#146;s Principal Executive Offices
</B></P>
<P align=justify>801 W. Adams Street, Suite 600, Chicago, Illinois 60607 </P>
<P align=justify><B>Item 2 (a) Name of Person Filing </B></P>
<P align=justify>North Star Investment Management Corp.</P>
<P align=justify><B>Item 2 (b) Address of Principal Business Office or, if None,
Residence </B></P>
<P align=justify>20 N. Wacker Drive, Suite 1416, Chicago, Illinois 60606. </P>
<P align=justify><B>Item 2 (c) Citizenship </B></P>
<P align=justify>Delaware </P>
<P align=justify><B>Item 2 (d) Title of Class of Securities </B></P>
<P align=justify>Common Stock</P>
<P align=justify><B>Item 2 (e) CUSIP Number </B></P>
<P align=justify>74312Y103</P>
<P align=justify><B>Item 3 If This Statement is Filed Pursuant to Rule 13d-1(b),
or 13d-2(b) or (c), Check Whether the Person Filing is a: </B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] Broker or dealer registered under
      section 15 of the Act (15 U.S.C. 78o);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] Bank as defined in section 3(a)(6)
      of the Act (15 U.S.C. 78c);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] Insurance company as defined in
      section 3(a)(19) of the Act (15 U.S.C. 78c);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(d) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] Investment company registered under
      Section 8 of the Investment Company Act of 1940 (15 U.S.C.
  80a-8);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(e) </TD>
    <TD>
      <P align=justify>[X] An investment adviser in accordance with
      &#167;240.13d-1(b)(1)(ii)(E);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(f) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] An employee benefit plan or
      endowment fund in accordance with &#167;240.13d-1(b)(1)(ii)(F);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(g) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] A parent holding company or control
      person in accordance with &#167;240.13d-1(b)(1)(ii)(G);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(h) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] A savings association as defined in
      Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
  1813);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] A church plan that is excluded from
      the definition of an investment company under section 3(c)(14) of the
      Investment Company Act (15 U.S.C. 80a-3);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(j) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] A non-U.S. institution in accordance
      with &#167;240.13d-1(b)(1)(ii)(J);</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(k) </TD>
    <TD>
      <P align=justify>[&nbsp;&nbsp;&nbsp;] Group, in accordance with
      &#167;240.13d-1(b)(1)(ii)(K);</P></TD></TR></TABLE><BR>
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<TABLE
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  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B>CUSIP No.
      74312Y103</B> </TD></TR></TABLE></DIV>
<P align=justify><B>Item 4 Ownership </B></P>
<P align=justify>The information reported below in this Item 4 is as of December
31, 2013. The percentage set forth in Item 4(b) is based on 6,318,227 shares of
Common Stock outstanding as of November 12, 2013, as reported in the Issuer&#146;s
Form 10-Q for the period ended September 30, 2014 (filed November 14, 2013).
</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%">(a) </TD>
    <TD>
      <P align=justify>Amount beneficially owned: 354,025</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(b) </TD>
    <TD>
      <P align=justify>Percent of class: 5.6%</P></TD></TR>
  <TR>
    <TD vAlign=top width="5%">(c) </TD>
    <TD>
      <P align=justify>Number of shares as to which such person
  has:</P></TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(i) </TD>
    <TD>
      <P align=justify>Sole power to vote or to direct the vote:
  313,300</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(ii) </TD>
    <TD>
      <P align=justify>Shared power to vote or to direct the vote: 0</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iii) </TD>
    <TD>
      <P align=justify>Sole power to dispose or to direct the disposition:
      313,300</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(iv) </TD>
    <TD>
      <P align=justify>Shared power to dispose or to direct the disposition:
      40,725</P></TD></TR></TABLE>
<P align=justify><B>Item 5 Ownership of Five Percent or Less of a Class </B></P>
<P align=justify>Not Applicable. </P>
<P align=justify><B>Item 6 Ownership of More than Five Percent on Behalf of
Another Person </B></P>
<P align=justify>Not Applicable. </P>
<P align=justify><B>Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent Holding Company
</B></P>
<P align=justify>Not Applicable. </P>
<P align=justify><B>Item 8 Identification and Classification of Members of the
Group </B></P>
<P align=justify>Not Applicable. </P>
<P align=justify><B>Item 9 Notice of Dissolution of Group </B></P>
<P align=justify>Not Applicable. </P>
<P align=justify><B>Item 10 Certification </B></P>
<P align=justify>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, other
than activities solely in connection with a nomination under &#167;240.14a -11. </P>
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<P align=center><B>Signature </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </P>
<P align=justify>Dated: November 7, 2014 </P>
<P align=justify>NORTH STAR INVESTMENT MANAGEMENT CORP.</P>
<P align=justify>By: <U>/s/ Peter
Gottlieb</U><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:
Peter
Gottlieb&nbsp;<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:
President</P>
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