-----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, QkJu0rMzbtk00IcEOdr/Gxn+J6WginieTSqXu1kvxrw2G8eZw/lnfSQKZfuRjKqE SKlZBfuTsjKQ7mVTunhHcg== 0000950117-99-001776.txt : 19990823 0000950117-99-001776.hdr.sgml : 19990823 ACCESSION NUMBER: 0000950117-99-001776 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990820 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXECUTONE INFORMATION SYSTEMS INC CENTRAL INDEX KEY: 0000725282 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 860449210 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-36502 FILM NUMBER: 99696469 BUSINESS ADDRESS: STREET 1: 478 WHEELERS FARMS RD CITY: MILFORD STATE: CT ZIP: 06460 BUSINESS PHONE: 2038767600 MAIL ADDRESS: STREET 1: 478 WHEELERS FARMS RD CITY: MILFORD STATE: CT ZIP: 06460-1847 FORMER COMPANY: FORMER CONFORMED NAME: VODAVI TECHNOLOGY CORP DATE OF NAME CHANGE: 19880802 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BERKSHIRE BANCORP INC /DE/ CENTRAL INDEX KEY: 0000759718 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 942563513 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 160 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10038 BUSINESS PHONE: 2127915362 MAIL ADDRESS: STREET 1: 160 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10038 FORMER COMPANY: FORMER CONFORMED NAME: COOPER LIFE SCIENCES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COOPER LASERSONICS INC DATE OF NAME CHANGE: 19880608 SC 13G/A 1 BERKSHIRE BANCORP INC. SC 13G AM # 1 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 13d-2(b) (AMENDMENT NO. 1)(1) EXECUTONE INFORMATION SYSTEMS, INC. -------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 301607107 -------------------------------------- (CUSIP Number) July 22, 1999 ------------------------------------------------------- (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) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) - ------------------- (1) 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). Page 1 of 5 Pages 13G CUSIP NO. 301607107 Page 2 of 5 Pages ---------- - --------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Berkshire Bancorp Inc. 94-2563513 - --------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 3,335,288 shares of Common Stock SHARES ----------------------------------------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- EACH REPORTING ----------------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 3,335,288 shares of Common Stock ----------------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - --------------------------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,335,288 shares of Common Stock - --------------------------------------------------------------------------------------------------------------------------------- 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* CO - ---------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 5 Pages ITEM 1(a). NAME OF ISSUER: Executone Information Systems, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 478 Wheelers Farms Road Milford, CT 06460 ITEM 2(a). NAME OF PERSON FILING: Berkshire Bancorp Inc. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 160 Broadway New York, NY 10038 ITEM 2(c). CITIZENSHIP: Not Applicable ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, Par Value $.01 Per Share ITEM 2(e). CUSIP NUMBER: 301607107 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: (a) - (j). Not Applicable If this statement is filed pursuant to Rule 13d-1(c), check this box. [ X ] ITEM 4. OWNERSHIP. (a) Amount beneficially owned: 3,335,288 (b) Percent of class: 5.3% (c) Number of shares to which such person has: (i) Sole power to vote or to direct the vote 3,335,288. (ii) Shared power to vote or to direct the vote -0-. (iii) Sole power to dispose or to direct the disposition of 3,335,288. (iv) Shared power to dispose or to direct the disposition of -0-. 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. Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable Page 4 of 5 Pages ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable ITEM 10. CERTIFICATIONS. (b) By signing below I certify that, to the best of my 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 5 of 5 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. August 19, 1999 _________________ BERKSHIRE BANCORP INC. By: /s/ Steven Rosenberg ___________________________ Steven Rosenberg President SCHEDULE I TO AMENDMENT NO. 1 TO SCHEDULE 13G
NATURE OF NO. OF PRICE TRANSACTION DATE SHARES SOLD PER SHARE* - ----------- -------- ----------- --------- SALE 04/16/99 6,600 10.4375 SALE 04/16/99 10,000 10.375 SALE 04/16/99 30,000 10.25 SALE 04/16/99 4,900 10.1875 SALE 04/16/99 1,000 10.15625 SALE 04/16/99 9,100 10.125 SALE 04/16/99 1,000 10.09375 SALE 04/16/99 1,000 10.06641 SALE 04/16/99 10,000 10.0625 SALE 04/16/99 1,000 10.03516 SALE 04/16/99 6,900 10.03125 SALE 04/16/99 500 10.01562 SALE 04/16/99 14,600 10.00 SALE 04/16/99 3,400 9.5625 SALE 04/19/99 1,100 10.75 SALE 04/20/99 500 8.3125 SALE 04/20/99 400 8.28125 SALE 04/20/99 900 8.8125 SALE 04/20/99 2,100 8.78125 SALE 04/20/99 7,000 8.75 SALE 04/20/99 200 8.65625 SALE 04/20/99 19,800 8.625 SALE 04/20/99 19,000 8.25 SALE 04/27/99 10,000 8.375 SALE 04/27/99 10,000 8.4375 SALE 04/27/99 4,700 8.50 SALE 06/03/99 9,900 5.125 SALE 06/03/99 100 5.1875 SALE 06/04/99 1,400 4.875 SALE 06/04/99 22,700 5.00 SALE 06/04/99 5,900 5.0625 SALE 06/05/99 10,000 5.00 SALE 06/08/99 10,000 4.50 SALE 06/08/99 10,000 4.625
NATURE OF NO. OF PRICE TRANSACTION DATE SHARES SOLD PER SHARE* - ----------- -------- ----------- --------- SALE 06/10/99 10,000 5.0625 SALE 06/10/99 8,500 4.75 SALE 06/10/99 1,000 4.78125 SALE 06/10/99 500 4.875 SALE 06/10/99 7,000 5.00 SALE 06/11/99 10,000 4.75 SALE 07/01/99 16,700 4.00 SALE 07/01/99 3,100 4.0625 SALE 07/01/99 200 4.09375 SALE 07/07/99 10,000 4.00 SALE 07/07/99 10,000 4.03125 SALE 07/09/99 10,000 4.03125 SALE 07/09/99 10,000 4.00 SALE 07/09/99 10,000 4.03125 SALE 07/09/99 6,300 4.09375 SALE 07/14/99 5,300 4.0625 SALE 07/14/99 1,400 4.09375 SALE 07/14/99 9,000 4.125 SALE 07/14/99 4,300 4.15625 SALE 07/15/99 20,000 4.5625 SALE 07/15/99 10,000 4.375 SALE 07/15/99 10,000 4.50 SALE 07/15/99 10,000 4.53125 SALE 07/15/99 10,000 4.5625 SALE 07/15/99 20,000 4.625 SALE 07/15/99 10,000 4.8125 SALE 07/15/99 10,000 4.75 SALE 07/16/99 15,000 4.25 SALE 07/16/99 1,200 4.3125 SALE 07/16/99 8,800 4.40625 SALE 07/19/99 19,600 4.25 SALE 07/19/99 300 4.28125 SALE 07/19/99 10,100 4.3125 SALE 07/20/99 10,000 4.1875 SALE 07/20/99 10,000 4.28125 SALE 07/20/99 9,900 4.375
NATURE OF NO. OF PRICE TRANSACTION DATE SHARES SOLD PER SHARE* - ----------- -------- ----------- --------- SALE 07/20/99 100 4.40625 SALE 07/20/99 20,000 4.46875 SALE 07/20/99 10,000 4.50 SALE 07/21/99 5,500 4.5625 SALE 07/21/99 20,000 4.59375 SALE 07/21/99 4,500 4.65625 SALE 07/22/99 10,000 4.6875 SALE 07/22/99 10,000 4.8125 SALE 07/22/99 10,000 4.875 SALE 07/22/99 10,000 4.9375 SALE 07/22/99 10,000 4.96875 SALE 07/22/99 10,000 5.00 SALE 07/22/99 10,000 5.0625 SALE 07/22/99 10,000 5.125 SALE 07/22/99 10,000 5.1875 SALE 07/22/99 10,000 5.25 SALE 07/22/97 10,000 5.3125 SALE 07/22/99 10,000 5.375 SALE 07/22/99 10,000 5.4375 SALE 07/27/99 6,700 4.25 SALE 07/27/99 10,000 4.25 SALE 07/27/99 10,000 4.28125 SALE 07/29/99 16,616 4.4375 SALE 07/29/99 4,500 4.375 SALE 07/29/99 5,500 4.3125 SALE 07/29/99 19,000 4.25 SALE 08/02/99 16,900 4.25 SALE 08/03/99 12,700 4.25 SALE 08/16/99 2,000 4.00 TOTAL 857,916
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