-----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, TrKj/279Qem16rT09PBBZlKvzS/sPD0zLkxvEO3Os9Q38qWj0SW8/r5i+slAnwmq Jv31KEMv6suEOYUiKjqCEg== 0000898822-08-000525.txt : 20080502 0000898822-08-000525.hdr.sgml : 20080502 20080502163255 ACCESSION NUMBER: 0000898822-08-000525 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080502 DATE AS OF CHANGE: 20080502 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOURNAL REGISTER CO CENTRAL INDEX KEY: 0001035815 STANDARD INDUSTRIAL CLASSIFICATION: NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING [2711] IRS NUMBER: 223498615 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52689 FILM NUMBER: 08799473 BUSINESS ADDRESS: STREET 1: LOWER MAKEFIELD CORPORATE CENTER STREET 2: 790 TOWNSHIP LINE ROAD CITY: YARDLEY STATE: PA ZIP: 19067 BUSINESS PHONE: 2155044200 MAIL ADDRESS: STREET 1: LOWER MAKEFIELD CORPORATE CENTER STREET 2: 790 TOWNSHIP LINE ROAD CITY: YARDLEY STATE: PA ZIP: 19067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JOURNAL REGISTER CO CENTRAL INDEX KEY: 0001035815 STANDARD INDUSTRIAL CLASSIFICATION: NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING [2711] IRS NUMBER: 223498615 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: LOWER MAKEFIELD CORPORATE CENTER STREET 2: 790 TOWNSHIP LINE ROAD CITY: YARDLEY STATE: PA ZIP: 19067 BUSINESS PHONE: 2155044200 MAIL ADDRESS: STREET 1: LOWER MAKEFIELD CORPORATE CENTER STREET 2: 790 TOWNSHIP LINE ROAD CITY: YARDLEY STATE: PA ZIP: 19067 SC 13D/A 1 jrc13damay1.htm jrc13damay1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D/A
(Rule 13d-102)

     INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)


Journal Register Company
(Name of Issuer)

Common Stock, $0.01 par value
(Title of Class of Securities)

481138105
(CUSIP Number)

     Robert M. Jelenic
Chairman and Chief Executive Officer
Journal Register Company
790 Township Line Road, Suite 300
Yardley, PA 19067
215-504-4200
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

May 2, 2008
(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.       ¨


1.    Names of Reporting Persons. 
                I.R.S. Identification No. of above persons (entities only) 
 
          Robert M. Jelenic                                                        

2.    Check the Appropriate Box if a member of a group.    (a)  ¨
        (b)  ¨
_______________________________________________

3.    SEC Use Only. 
_______________________________________________
   
4.    Source of funds. 
          SC                                                                                
      
5.    Check Box if disclosure of legal proceedings is required pursuant to item 2(d) 
    or 2(e).   ¨ 
                                                                                              
 
6.    Citizenship or place of organization. 
          United States                                                                             
 

    7.    Sole Voting Power. 
 
         1,971,251                                   
 
    8.    Shared Voting Power. 
NUMBER OF         
SHARES        0                                                  
BENEFICIALLY         
OWNED BY         
EACH    9.    Sole Dispositive Power. 
REPORTING         
PERSON WITH        1,971,251                           
 
 
    10.    Shared Dispositive Power. 
0                                        

11.    Aggregate amount beneficially owned by each reporting person. 
          1,971,251                                                                

12.    Check Box if the Aggregate amount in Row (11) excludes certain shares.    ¨
                                                                                            
 
13.    Percent of class represented by amount in Row (11).     
           4.82%                                                                          
 
14.    Type of reporting person.     
          IN                                                                                   

Item 1.    Security and Issuer. 
 
     This Schedule 13D/A relates to Common Stock, par value $0.01 per share (the 
    “Common Stock”) issued by Journal Register Company (the “Issuer”). The Issuer’s 
    principal executive office is located at 790 Township Line Road, Suite 300, Yardley, 
    Pennsylvania 19067. 
 
Item 2.    Identity and Background. 
 
    (a)    This Schedule 13D/A is being filed by Robert M. Jelenic (the 
        “Reporting Person”). 
 
    (b)    The business address of the Reporting Person is 790 Township Line 
        Road, Suite 300, Yardley, PA 19067. 
 
    (c)    The Reporting Person was the Chairman and Chief Executive Officer of the 
        Issuer through November 1, 2007. 
 
    (d)    During the last five years, the Reporting Person has not been convicted in a 
        criminal proceeding (excluding traffic violations or similar misdemeanors). 
 
    (e)    During the last five years, the Reporting Person has not been a party to a 
        civil proceeding of a judicial or administrative body of competent 
        jurisdiction and as a result of such proceeding was or is subject to a 
        judgment, decree or final order enjoining future violations of, or prohibiting 
        or mandating activities subject to, federal or state securities laws or finding 
        any violation with respect to such laws. 
 
    (f)    The Reporting Person is a citizen of the United States 
        of America. 
 
Item 3.    Source and Amount of Funds or Other Consideration. 
 
    The 1,971,251 shares of Common Stock beneficially owned by the Reporting Person 

    include 416,251 shares of Common Stock and options to purchase 1,555,000 shares 
    of Common Stock currently exercisable or exercisable within sixty (60) days hereof, 
    in each case granted by the Issuer as compensation for the Reporting Person’s service 
    as Chairman and Chief Executive Officer. 
 
Item 4.    Purpose of Transaction. 
 
    No amendment 
 
Item 5.    Interest in Securities of the Issuer. 
 
    (a)    The Reporting Person is the beneficial owner of 1,971,251 shares representing 
        4.82% of the Issuer’s outstanding Common Stock based on 39,364,278 shares 
        of Common Stock outstanding as of March 20, 2008, as reported on the Issuer’s 
        Schedule 14A dated April 2, 2008 plus 1,555,000 presently exercisable stock 
        options held by the Reporting Person for a total of 40,919,278 outstanding 
        shares. The Reporting Person’s ownership includes 416,251 shares of Common 
        Stock held and 1,555,000 presently exercisable stock options. On May 1, 2008, 
        320,000 stock options expired. As a result, the Reporting Person no longer 
        owns greater than 5% of the outstanding shares of the Common Stock and no 
        further amendments to this Schedule 13D/A will be made. 
 
    (b)    The Reporting Person has the sole power to vote and dispose of all 1,971,251 
        shares, including the stock options; however, the stock options may not be voted 
        unless and until such stock options are exercised and such shares are issued. 
 
    (c)    Transactions within the last 60 days: On May 1, 2008, 320,000 out of the 
        money stock options held by the Reporting Person expired unexercised. 
 
    (d)    Not applicable. 
 
    (e)    Not applicable. 

Item 6.    Contracts, Arrangements, Understandings or Relationships with Respect to 
    Securities of the Issuer. 
 
    See items 3, 4 and 5 above. The following table summarizes the terms of all options 
    and restricted stock unit awards that the Issuer has granted, as of the date hereof, to 
    the Reporting Person pursuant to the Issuer’s Amended and Restated 1997 Stock 
Incentive Plan. Pursuant to the Separation Agreement, the RSUs vested on
    November 1, 2007 and are therefore included in the number of shares beneficially 
    owned by the Reporting Person. 
 

          Stock Options (Right to Buy Common Stock of the Issuer): 
    Date of Grant    No. of Shares
Underlying Option
 
  Exercise
Price
 
  Vesting Schedule 
    5/19/2005    110,000    16.9500    Fully vested 
    5/19/2004    100,000    19.4000    Fully vested 
    5/01/2003    210,000    17.5500    Fully vested 
    50/1/2002    250,000    21.6700    Fully vested 
    5/01/2001    245,000    15.8250    Fully vested 
    5/01/2000    320,000    14.6250    Fully vested 
    5/03/1999    320,000    14.7188    Fully vested 
    5/01/1998    320,000    22.5000    Expired 
  5/20/1997    322,917    21.0000    Expired 

    Restricted Stock Units:         
     
    Date of Grant    No. of Units    Vesting Schedule 
    5/19/2005    35,000    (1) 
    6/1/2006    70,000    (1) 
    6/1/2007    87,500    (1) 

(1)   As noted in Item 4, above, vesting for the RSUs was accelerated on November 1, 2007 pursuant to the
Separation Agreement.  
   
Item 7.   Material to be Filed as Exhibits. 
   

7.01

  Separation Agreement with the Reporting Person dated October 12, 2007,
(incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K
filed by the Issuer on October 15, 2007). 

SIGNATURES

     After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: May 2, 2008    /s/ Robert M. Jelenic 
Name: Robert M. Jelenic

EXHIBIT INDEX

  7.01


  Separation Agreement with the Reporting Person dated October 12, 2007,
(incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K
filed by the Issuer on October 15, 2007). 


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