-----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, Lmi8r5LG6kNZG4pvs6zsoITLT7cdOVwuQEtBdg2v+TnKNAxy3TSGnKcEQy32DGvH jFIZSCL0SrD/KG+J+1SP1A== 0000892918-99-000018.txt : 19990429 0000892918-99-000018.hdr.sgml : 19990429 ACCESSION NUMBER: 0000892918-99-000018 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990428 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA CORP CENTRAL INDEX KEY: 0000096638 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 231462070 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-38014 FILM NUMBER: 99602349 BUSINESS ADDRESS: STREET 1: P.O. BOX 844 STREET 2: WELSH & MCKEAN ROADS CITY: SPRING HOUSE STATE: PA ZIP: 19477 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: BRANDYWINE CORPORATE CENTER STREET 2: 650 NAAMANS ROAD CITY: CLAYMONT STATE: DE ZIP: 19703 FORMER COMPANY: FORMER CONFORMED NAME: TSO FINANCIAL CORP DATE OF NAME CHANGE: 19880306 FORMER COMPANY: FORMER CONFORMED NAME: TEACHERS SERVICE ORGANIZATION INC DATE OF NAME CHANGE: 19850812 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALTER DENNIS CENTRAL INDEX KEY: 0000903359 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ADVANTA CORP STREET 2: P O BOX 844 SC 13G/A 1 AMENDMENT NO. 12 TO SCHEDULE 13G OF DENNIS ALTER SCHEDULE 13G Page 1 of 6 Pages SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 12) Advanta Corp. - ----------------------------------------------------------------- (Name of Issuer) Class A Common Stock - ----------------------------------------------------------------- (Title of Class of Securities) 007942105 - ----------------------------------------------------------------- (CUSIP NO.) December 31, 1998 - ----------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) - ----------------- 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). CUSIP NO. 007942105 13G Page 2 of 6 Pages - ----------------------------------------------------------------- 1. Name of Reporting Person: Dennis Alter I.R.S. Identification No. of Above Person: ###-##-#### - ----------------------------------------------------------------- 2. Check the appropriate box if a member of a group* (a) [ ] (b) [ ] - ----------------------------------------------------------------- 3. SEC use only - ----------------------------------------------------------------- 4. Citizenship or place of organization United States - ----------------------------------------------------------------- 5. Sole Voting Power 2,391,364(1) Number of ---------------------------------------- Shares Beneficially 6. Shared Voting Power Owned by Each 654,703(2)(3) Reporting Person ---------------------------------------- With 7. Sole Dispositive Power 2,391,364(1) ---------------------------------------- 8. Shared Dispositive Power 654,703(2)(3) - ----------------------------------------------------------------- 9. Aggregate amount beneficially owned by each reporting person: 3,046,067(1) - ----------------------------------------------------------------- 10. Check box if the aggregate amount in row (9) excludes certain shares* [x] - ----------------------------------------------------------------- 11. Percent of class represented by amount in row (9) 29.36% - ----------------------------------------------------------------- 12. Type of reporting person (See Instructions) IN - ----------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILING OUT! CUSIP NO. 007942105 13G Page 3 of 6 Pages SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Item 1(a). Name of Issuer: Advanta Corp. Item 1(b). Address of Issuer's Principal Executive Offices: Welsh & McKean Roads P.O. Box 844 Spring House, PA 19477 Item 2(a). Name of Person Filing: Dennis Alter Item 2(b). Address of Principal Business Office or, if none, Residence: Same as Item 1(b) Item 2(c). Citizenship: United States of America Item 2(d). Title of Class of Securities: Class A Common Stock Item 2(e). Cusip Number: 007942105 Item 3. Not Applicable CUSIP NO. 007942105 13G Page 4 of 6 Pages Item 4. Ownership. (a) Amount beneficially owned: 2,391,364(1) shares (b) Percent of Class: 29.36% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 2,391,364(1) (ii) Shared power to vote or to direct the vote: 654,703(2)(3) (iii) Sole power to dispose or to direct the disposition of: 2,391,364(1) (iv) Shared power to dispose or to direct the disposition of: 654,703(2)(3) Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. As sole trustee of a trust for his sister, Linda Alter, the undersigned has sole power to vote and to dispose of the 551,695 shares of Class A Common Stock held by his trust, representing 5.3% of the shares of Class A Common Stock outstanding at December 31, 1998. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company. Not Applicable CUSIP NO. 007942105 13G Page 5 of 6 Pages 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 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 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. 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. By: \s\ Dennis Alter March 29, 1999 ----------------------------- ------------------- Dennis Alter (Date) - ------------------------ (1) Does not include 1,010 shares of Class A Preferred Stock owned by Mr. Alter's spouse, as to which Mr. Alter has no voting or dispositive power. Includes 41,399 shares of Issuer's Class A Common Stock held by a trust established by Mr. Alter, through which he has made certain charitable gifts of shares and as to which Mr. Alter has sole voting and dispositive power. (Endnotes continued on next page) CUSIP NO. 007942105 13G Page 6 of 6 Pages (2) Includes 571,905 and 82,798 Class A shares owned by two charitable foundations, respectively, as to which Mr. Alter has shared voting and dispositive power. Mr. Alter disclaims beneficial ownership as to these shares. (3) Does not include shares of the Issuer's Class A Common Stock held in trust by the Advanta Corp. Employee Stock Ownership Plan (the "Plan"), of which Mr. Alter is one of five trustees. As of December 31, 1998, the Plan held 1,000,000 shares of the Issuer's Class A Common Stock, 1,487 shares of which had been allocated to Plan participants. By the terms of the plan, the Plan trustees vote shares allocated to participant accounts as directed by the participants. Mr. Alter, as one of the Plan trustees, does not beneficially own any of the shares allocated to Plan participants. Mr Alter disclaims beneficial ownership as to these shares. Shares of Class A Common Stock held by the Plan, but not yet allocated or as to which participants have not made timely voting directions, are voted by the Plan trustees in the same proportions as shares for which directions are received (subject to each trustee's fiduciary responsibilities under Section 404 of the Employee Retirement Income Security Act of 1974, as amended). Under Rule 13d-1 of the Securities Exchange Act of 1934, as amended, Mr. Alter may be deemed a beneficial owner of the 998,513 shares which, as of December 31, 1998, had not been allocated to Plan participants, or any shares for which timely voting directions are not made to the trustees by Plan participants. Mr Alter disclaims beneficial ownership as to these shares. -----END PRIVACY-ENHANCED MESSAGE-----