SC 13D/A 1 schedule13damendment3cnbc.htm SCHEDULE 13D AMENDMENT 3 CNBC Schedule 13D Amendment 3 CNBC



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No.3)*
 


Center Bancorp, Inc.

(Name of Issuer)

Common Stock
(Title of Class of Securities)

151408101 
(CUSIP Number)


Lawrence B. Seidman, 100 Misty Lane, Parsippany, NJ  07054
(973) 952-0405

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

December 26, 2006
(Date of Event which Requires Filling 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.   (    )
 


Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See · 240.13d-7 for other parties to whom copies are to be sent.
 
 
* 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.
 
 
The information required on 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).
 
 
 
 

 
 
SCHEDULE 13D
CUSIP No. 151408101 

  1. Seidman and Associates, LLC        22-3343079

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            New Jersey

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        201,380

8. Shared Voting Power

9. Sole Dispositive Power
                        201,380

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            201,380

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                          1.52

  14. Type of Reporting Person                         OO
 
 
1

 
 
SCHEDULE 13D
CUSIP No. 151408101 

  1. Seidman Investment Partnership, LP        22-3360359

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            New Jersey

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        201,064

8. Shared Voting Power

9. Sole Dispositive Power
                        201,064

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            201,064

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                              1.52

  14. Type of Reporting Person                         PN
 
 
2

 
SCHEDULE 13D
CUSIP No. 151408101 

  1. Seidman Investment Partnership II, LP        22-3603662

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            New Jersey

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        239,183

8. Shared Voting Power

9. Sole Dispositive Power
                        239,183

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            239,183

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                             1.80

  14. Type of Reporting Person                         PN
 
 
3

 
SCHEDULE 13D
CUSIP No. 151408101 

  1.  Broad Park Investors, LLC        22-6759307

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            New Jersey

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        137,999

8. Shared Voting Power

9. Sole Dispositive Power
                        137,999

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            137,999

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                              1.04

  14. Type of Reporting Person                         OO
 
 
4

 
 
SCHEDULE 13D
CUSIP No. 151408101 

  1. Berggruen Holdings North America Ltd.

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            OO

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            British Virgin Islands

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        239,500

8. Shared Voting Power

9. Sole Dispositive Power
                        239,500

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            239,500

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                             1.81

  14. Type of Reporting Person                         CO
 
 
5

 
SCHEDULE 13D
CUSIP No. 151408101 

  1. Lawrence B. Seidman        ###-##-####

  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (   )

  3. SEC USE ONLY

  4.    
Source of Funds*
                            PF, WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization
                            U.S.A.

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power
                        1,182,171

8. Shared Voting Power

9. Sole Dispositive Power
                        1,182,171

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person
                            1,182,171

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)
                              8.94

  14. Type of Reporting Person                         IN
 
 
6

 
 
This statement on Schedule 13 D which was filed on June 27, 2006, Amendment No. 1 was was filed on September 27, 2006, and Amendment No. 2 was filed on November 1, 2006, on behalf of Seidman and Associates, L.L.C (“SAL”), Seidman Investment Partnership, L.P. (“SIP”), Seidman Investment Partnership II, L.P. (“SIPII”), Broad Park Investors, L.L.C (“Broad Park”), Chewy Gooey Cookies, L.P. (“Chewy”), Berggruen Holdings North America Ltd. (“Berggruen”), Lawrence Seidman (“Seidman”), Dennis Pollack (“Pollack”), Harold Schechter (“Schechter”), Raymond Vanaria (“Vanaria”) and Peter Bray (“Bray”) collectively, the (“Reporting Persons”) with respect to the Reporting Persons’ beneficial ownership of shares of Common stock (“the Shares”) of Center Bancorp, Inc., a New Jersey corporation, (“the Company”) is hereby amended as set forth below: Such statement on Schedule 13D is hereinafter referred to as the “Schedule 13D”. Terms used herein which are defined in the Schedule 13D shall have their respective meanings set forth in the Schedule 13D.
 
 Item 4. Purpose of Transaction
 
On December 7, 2006, Messrs Seidman, Vanaria and Schechter met with, and were interviewd by, the Company's nominating committee.  Since the December 7, 2006 meeting, the nominating committee has not contacted Messrs Seidman, Vanaria or Schechter.

 
Item 5. Interest in Securities of the Issuer.
 
(a)(b)(c)  As of the close of business on December 26, 2006, the Reporting Persons owned beneficially an aggregate of 1,203,640 shares of Common Stock which constituted approximately 9.1014% of the 13,224,701 shares of Common Stock outstanding as of October 31, 2006 as disclosed in the Issuer's Form 10-Q for the period ended September 30, 2006.
 
Schedule A attached below describes transactions except for previously reported transactions in the Common Stock effected by the Reporting Persons within the past sixty (60) days.  Except as set forth in this Item 5, none of the Reporting Persons owns beneficially or has a right to acquire beneficial ownership of any Common Stock, and except as set forth in this item 5, none of the Reporting Persons has effected transactions in the Common Stock during the past sixty (60) days, except for previously reported transactions.
 
7

 
 
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.
 
 
Date:   January 3, 2006
 

  By: /s/  Lawrence B. Seidman
Power of Attorney pursuant to Joint Agreement dated June 27, 2006
       
 

            
     
 

            
      
 
 
8

 
Schedule A
         
Entity
Date Purchased
Cost per Share
Cost
Shares
S&A
11/29/2006
15.6600
31,320.00
2,000
S&A
12/8/2006
15.8025
126,420.00
8,000
S&A
12/26/2006
15.8005
662,051.60
41,902
Total
 
 
819,791.60
51,902
 
 
 
 
 
SIP
12/6/2006
15.7443
83,444.79
5,300
SIP
12/8/2006
15.8027
118,500.00
7,500
SIP
12/14/2006
15.7858
78,929.00
5,000
SIP
12/26/2006
15.8040
79,020.00
5,000
SIP
12/26/2006
15.8005
696,811.60
44,102
Total
 
 
1,056,705.39
66,902
 
 
 
 
 
SIP II
12/8/2006
15.8017
189,620.00
12,000
Total
 
 
189,620.00
12,000
 
 
 
 
 
Broad Park Investors
12/8/2006
15.8019
165,920.00
10,500
Broad Park Investors
12/26/2006
15.8007
467,427.20
29,584
Total
 
 
633,347.20
40,084
 
 
 
 
 
Berggruen Holdings
12/8/2006
15.8000
189,600.00
12,000
Total
 
 
189,600.00
12,000