-----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, OrqjGuuMPJ0/nVG/t/y7OqsbAL1vgnzg0wTxcMqMU1nBDADkTKiAGDOJ3UnoIYrC THjaT4CE7D+LF0soygYWXA== 0000946275-02-000059.txt : 20020414 0000946275-02-000059.hdr.sgml : 20020414 ACCESSION NUMBER: 0000946275-02-000059 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020206 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TF FINANCIAL CORP CENTRAL INDEX KEY: 0000921051 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 742705050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46584 FILM NUMBER: 02528981 BUSINESS ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTOWN STATE: PA ZIP: 18940 BUSINESS PHONE: 2155794000 MAIL ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTOWN STATE: PA ZIP: 18940 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: THIRD FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN CENTRAL INDEX KEY: 0001056332 IRS NUMBER: 742705049 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTON STATE: PA ZIP: 18940 BUSINESS PHONE: 2155794600 MAIL ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTON STATE: PA ZIP: 18940 SC 13G/A 1 sc13ga_020602-0084esop.txt EMPLOYEE STOCK OWNERSHIP PLAN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G 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. 3)* TF Financial Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 872391 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) December 1, 2001 - -------------------------------------------------------------------------------- (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) |_| Rule 13d-1(c) |_| Rule 13d-1(d) - -------------- * The remainder of the 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). (Continued on following pages) Page 1 of 4 pages CUSIP No. 872391 10 7 Schedule 13G Page 2 of 4 Pages ----------- ------------ 1. Name of Reporting Person S.S. or I.R.S. Identification Number of above person: Third Federal Savings Bank Employee Stock Ownership Plan 2. Check the appropriate box if a member of a group* (a) |X| (b) |_| 3. SEC Use Only 4. Citizenship or Place of Organization: Pennsylvania Number of Shares Beneficially Owned by Each Reporting Person with: 5. Sole Voting Power: 0 ------- 6. Shared Voting Power: 378,933 ------- 7. Sole Dispositive Power: 0 ------- 8. Shared Dispositive Power: 378,933 ------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 378,933 --------- 10. Check Box If The Aggregate Amount in Row (9) Excludes Certain Shares* |_| 11. Percent of Class Represented by Amount in Row 9: 13.9% ---- 12. Type of Reporting Person*: EP * SEE INSTRUCTION Page 3 of 4 Pages Item 1(a) Name of Issuer: TF Financial Corporation -------------- ------------------------ Item 1(b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 3 Penns Trail Newtown, Pennsylvania 18940 Item 2(a) Name of Person Filing: --------------------- Third Federal Savings Bank Employee Stock Ownership Plan Item 2(b) Address of Principal Business Office: Same as Item 1(b) ------------------------------------ ----------------- Item 2(c) Citizenship: Pennsylvania ----------- ------------ Item 2(d) Title of Class of Securities: Common Stock ---------------------------- ------------ Item 2(e) CUSIP Number: 872391 10 7 ------------ ----------- Item 3 Check whether the person filing is a: ------------------------------------ Item 3(f) X Employee Benefit Plan, in accordance with --- Rule 13d-1(b)(1)(ii)(F). Item 3(j) X Group, in accordance with Rule 13d-1(b)(1)(ii)(J). --- Item 3(a)(b)(c)(d)(e)(g)(h)(i) - not applicable. Item 4(a) Amount Beneficially Owned: 378,933 ------------------------- ------- Item 4(b) Percent of Class: 13.9% ---------------- ----- Item 4(c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote -0- ------- (ii) shared power to vote or to direct the vote 378,933 ------- (iii) sole power to dispose or to direct the disposition of -0- ------- (iv) shared power to dispose or to direct the disposition of 378,933 ------- Item 5 Ownership of Five Percent or Less of Class: ------------------------------------------ Not applicable Page 4 of 4 Pages 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. --------------- Not applicable Item 8 Identification and Classification of Members of the --------------------------------------------------- Group. ----- This Schedule 13G is being filed on behalf of the Employee Stock Ownership Plan ("ESOP") identified in Item 2(a) by the Plan Committee and the ESOP Trustee both filing under the Item 3(f) and 3(j) classifications. Exhibit A contains a disclosure of the voting and dispositive powers over shares of the issuer held directly by these entities exclusive of those shares held by the ESOP as well as identification of members of these groups. Item 9 Notice of Dissolution of Group. ------------------------------ Not applicable Item 10 Certification. ------------- By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE: After reasonable inquiry and to the best of my knowledge and belief, as a member of the Plan Committee, I certify that the information set forth in this statement is true, complete and correct. /s/John R. Stranford February 5, 2002 - --------------------------------------------- ------------------- John R. Stranford, as Plan Committee member Date /s/Dennis R. Stewart February 5, 2002 - --------------------------------------------- ------------------- Dennis R. Stewart, as Plan Committee member Date /s/Elizabeth Davidson Maier February 6, 2002 - --------------------------------------------- ------------------- Elizabeth Davidson Maier, Date as Plan Committee member /s/Barbara J. Jacobson February 5, 2002 - --------------------------------------------- ------------------- Barbara J. Jacobson, as Plan Committee member Date SIGNATURE: After reasonable inquiry and to the best of my knowledge and belief, as a member of the ESOP Trustee, I certify that the information set forth in this statement is true, complete and correct. /s/Robert N. Dusek February 6, 2002 - --------------------------------------------- ------------------------------ Robert N. Dusek, as Trustee Date /s/George A. Olsen February 6, 2002 - --------------------------------------------- ------------------------------ George A. Olsen, as Trustee Date - --------------------------------------------- ------------------------------ Thomas J. Gola, as Trustee Date Exhibit A - --------- Identification of Members of Group ---------------------------------- Shares of common stock of the issuer are held in trust for the benefit of participating employees by the ESOP Trustee. The ESOP Trustee shares voting and dispositive power with the Plan Committee. By the terms of the ESOP, the ESOP Trustee votes stock allocated to participant accounts as directed by participants. Stock held by the ESOP Trust, but not yet allocated is voted by the ESOP Trustee as directed by the Plan Committee. Investment direction is exercised by the ESOP Trustee as directed by the Plan Committee. The Plan Committee and the ESOP Trustee share voting and dispositive power with respect to the unallocated stock held by the ESOP pursuant to their fiduciary responsibilities under Section 404 of the Employee Retirement Income Security Act of 1974, as amended. Members of the Plan Committee and their beneficial ownership of shares ----------------------------- of common stock of the issuer exclusive of membership on the Plan Committee and of shares beneficially owned as a Participant in the ESOP are as follows: Beneficial Beneficial Ownership Name Ownership (1) as Plan Participant - -------------------------------------------------------------------------------- John R. Stranford 230,004 11,660 Elizabeth D. Maier 99,203 10,485 Dennis R. Stewart 7,808 708 Barbara J. Jacobson 768 3,693 The ESOP Trustee and their beneficial ownership of shares of common stock of the issuer exclusive of responsibilities as a ESOP Trustee are as follows: Beneficial Beneficial Ownership Name Ownership (1) as Plan Participant - -------------------------------------------------------------------------------- Robert N. Dusek 85,332 -0- George A. Olsen 79,334 -0- Thomas J. Gola 76,378 -0- - ------------------- (1) Beneficial ownership as of February 6, 2002. Includes shares of common stock of issuer owned in conjunction with family members. The Plan Committee and ESOP Trustees disclaim ownership of these shares in conjunction with the exercise of their fiduciary duties as members of the Plan Committee and as ESOP Trustees. -----END PRIVACY-ENHANCED MESSAGE-----