-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AMDD5cooO+Ak4LjFikSAcfwTZoMOQKgiZOHaUoz6wvlri8/lG/pWPlAEqRvDHDxm H0L+dq2xiIxUWJFVDCJK9w== 0001025537-99-000018.txt : 19990212 0001025537-99-000018.hdr.sgml : 19990212 ACCESSION NUMBER: 0001025537-99-000018 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990211 GROUP MEMBERS: HAROLD SHOOK GROUP MEMBERS: JOHN E. MARSHALL GROUP MEMBERS: RUSSELL L. RIDD GROUP MEMBERS: WAYNE BANK EMPLOYEE STOCK OWNERSHIP PLAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORWOOD FINANCIAL CORP CENTRAL INDEX KEY: 0001013272 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232828306 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-49263 FILM NUMBER: 99530722 BUSINESS ADDRESS: STREET 1: 717 MAIN ST STREET 2: PO BOX 269 CITY: HONESDALE STATE: PA ZIP: 18431 BUSINESS PHONE: 7172531455 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WAYNE BANK EMPLOYEE STOCK OWNERSHIP PLAN CENTRAL INDEX KEY: 0001032930 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 240754330 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 717 MAIN STREET CITY: HONESDALE STATE: PA ZIP: 18431 BUSINESS PHONE: 7172538556 SC 13G/A 1 AMENDMENT NO. 2 TO SCHEDULE 13G FOR 1999 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (AMENDMENT NO. 2)* NORWOOD FINANCIAL CORP. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 669549 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) N/A - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |X| 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). Page 1 of 8 pages CUSIP NO. 669549 10 7 13G Page 2 of 8 Pages ================================================================================ 1 NAMES OF REPORTING PERSONS: Wayne Bank Employee Stock Ownership Plan Trust I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 24-0754330 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Commonwealth of Pennsylvania - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER 0 ---------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 93,730 ---------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER 93,730 WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 93,730 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |__| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* EP ================================================================================ *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP NO. 669549 10 7 13G Page 3 of 8 Pages ================================================================================ 1 NAMES OF REPORTING PERSONS: Russell L. Ridd I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER 26,026 ----------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 118,163 ----------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER 26,026 ----------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER 118,163 WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 144,189 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |__| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP NO. 669549 10 7 13G Page 4 of 8 Pages ================================================================================ 1 NAMES OF REPORTING PERSONS: John E. Marshall I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER 3,280 ---------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 107,881 ---------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER 3,280 ---------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER 107,881 WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 111,161 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |__| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.2% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP NO. 669549 10 7 13G Page 5 of 8 Pages ================================================================================ 1 NAMES OF REPORTING PERSONS: Harold Shook I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER 596 ---------------------------------------------------------------- BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 97,121 ---------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER 596 ---------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER 97,121 WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,717 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |__| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTION BEFORE FILLING OUT! Page 6 of 8 Pages ITEM 1(a) NAME OF ISSUER: Norwood Financial Corp. ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICER: 717 Main Street Honesdale, Pennsylvania 18431 ITEM 2(a) NAME OF PERSON(S) FILING: Wayne Bank Employee Stock Ownership Plan Trust ("ESOP"), and the following individuals who serve as its trustees: Russell L. Ridd, John E. Marshall, and Harold Shook. ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE: Same as Item 1(b). ITEM 2(c) CITIZENSHIP: See Row 4 of the second part of the cover page provided for each reporting person. ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $.10 per share. ITEM 2(e) CUSIP NUMBER: See the upper left corner of the second part of the cover page provided for each reporting person. 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: (f) |X| An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); If this statement is filed pursuant to Rule 13d-1(c), check this box. |X| Items (a),(b), (c), (d), (e), (g), (h), (i) and (j) are not applicable. This Schedule 13G is being filed on behalf of the ESOP identified in Item 2(a), filing under the Item 3(f) classification, and by each trustee of the trust established pursuant to the ESOP, filing pursuant to Rule 13d-1(c) and applicable SEC no-action letters. ITEM 4. OWNERSHIP. (a) Amount Beneficially Owned: See Row 9 of the second part of the cover page provided for each reporting person. (b) Percent of Class: See Row 11 of the second part of the cover page provided for each reporting person. Page 7 of 8 Pages (c) See Rows 5, 6, 7, and 8 of the second part of the cover page provided for each reporting person. 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. Wayne Bank, in its capacity as the ESOP Committee, has the power to determine whether dividends on allocated shares that are paid to the ESOP trust are distributed to participants or are used to repay the ESOP loan. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. 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 CERTIFICATION. By signing below, each signatory in the capacity of an ESOP trustee certifies that, to the best of his 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. By signing below, each signatory in his individual capacity certifies that, to the best of his 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. Page 8 of 8 Pages 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. WAYNE BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST By Its Trustees: /s/ Russell L. Ridd February 3, 1999 -------------------------------------- ------------------------- Russell L. Ridd, as Trustee Date /s/ John E. Marshall February 3, 1999 -------------------------------------- ------------------------- John E. Marshall, as Trustee Date /s/ Harold Shook February 3, 1999 -------------------------------------- ------------------------- Harold Shook, as Trustee Date /s/ Russell L. Ridd February 3, 1999 - ----------------------------------------------- ------------------------- Russell L. Ridd, as an Individual Stockholder Date /s/ John E. Marshall February 3, 1999 - ----------------------------------------------- ------------------------- John E. Marshall, as an Individual Stockholder Date /s/ Harold Shook February 3, 1999 - ----------------------------------------------- ------------------------- Harold Shook, as an Individual Stockholder Date -----END PRIVACY-ENHANCED MESSAGE-----