SC 13D/A 1 cfgiamd.txt FORM SEC 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. )(1) Community Financial Group, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) 20365M108 -------------------------------------------------------------------------------- (CUSIP Number) Michael Wright, Bear, Stearns & Co. Inc. 115 South Jefferson Road, Whippany, NJ 07981 (973) 793-2214 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 5, 2002 -------------------------------------------------------------------------------- (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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of Pages) ---------- (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 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). (SC13D-07/98) CUSIP No. 20365M108 13D Page of Pages -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) The Bear Stearns Companies Inc.** IRS # 13-3286161 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC, OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Bear, Stearns & Co. Inc.** IRS # 13-3299429 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC, OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BD -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 20365M108 13D Page of Pages ------------------------------------------------------------------------------- Page 3 Schedule 13D Amendment No. 1 This statement constitutes Amendment No. 1 to the statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission by Bear, Stearns & Co. Inc. ("Bear Stearns") with respect to its ownership of the Common Stock of Community Financial Group, Inc. (the "Issuer"). Item 1: No Change Item 2: No Change Item 3: Source and Amount of Funds or Other Consideration Not applicable Item 4: Not applicable Item 5: Interest in Securities of the Issuer (as of 08/05/02) (a) The responses of Bear Stearns to Rows (11) through (13) of the cover page of this Amendment No. 1 to Schedule 13D are incorporated herein by reference. To the best of Bear, Stearns' knowledge, none of its executive officers or directors beneficially own any Common Stock of the Issuer. (b) The responses of Bear, Stearns to Rows (7) through (10) of the cover page of this Amendment No. 1 to Schedule 13D are incorporated herein by reference. (c) Since the date of its initial filing on Schedule 13D, Bear, Stearns has effected transactions in the Common Stock of the Issuer. Information concerning transactions in the Common Stock effected by Bear, Stearns is set forth on Appendix II. (d) Not Applicable. (e) On August 5, 2002, Bear, Stearns exchanged 274,282 shares of Community Financial Group, Inc. Therefore, Bear Stearns ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer since the date of its original filing. Page 4 **Bear, Stearns & Co., Inc is a subsidiary of The Bear, Stearns Companies Inc. 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 7, 2002 ---------------------------------------- (Date) ---------------------------------------- (Signature) Steve Kraemer/Senior Managing Director ---------------------------------------- (Name/Title) APPENDIX I DIRECTORS AND EXECUTIVE OFFICERS OF BEAR, STEARNS & CO. INC. Name Principal Occupation or Employment James E. Cayne Chairman of the Board, Chief Executive Officer and Director Alan D. Schwartz President, Co-Chief Operating Officer and Director Warren J. Spector President, Co-Chief Operating Officer and Director Alan C. Greenberg Chairman of the Executive Committee Kenneth L. Edlow Secretary Michael Minikes Treasurer and Director Mark E. Lehman Executive Vice President/General Counsel Chief Legal Officer and Director Samuel L. Molinaro Jr. Chief Financial Officer/Senior Vice President-Finance and Director E. John Rosenwald Jr. Vice-Chairman of the Board and Director Michael L. Tarnopol Vice-Chairman of the Board and Director Steven L. Begleiter Director Kathryn R. Booth Director Denis A. Bovin Director Peter D. Cherasia Director Ralph R. Cioffi Director Barry J. Cohen Director Wendy L. de Monchaux Director Bruce E. Geismar Director Daniel L. Keating Director David A. Liebowitz Director Richard R. Lindsey Director Bruce M. Lisman Director Roland N. Livney Director Jeffrey Mayer Director Steven D. Meyer Director Fares D. Noujaim Director Craig M. Overlander Director Aldo Parcesepe Director Stephen E. Raphael Director Robert M. Steinberg Director Donald W. Tang Director Michael J. Urfirer Director Jeffrey H. Urwin Director Eli Wachtel Director All Directors and Executive Officers are citizens of the United States and their business address is 383 Madison Avenue, New York, New York 10179. Bear Stearns & Co. Inc. is a wholly-owned subsidiary of the Bear Stearns Companies Inc. APPENDIX II Community Financial Group, Inc. Trading from 06/28/02 through 08/05/02 (Various Firm Accounts) ***** 08/05 ***** 137,226- COMMUNITY FINANCIAL GROUP INC XCH OA .00 67,244- COMMUNITY FINANCIAL GROUP INC XCH OA .00 69,812- COMMUNITY FINANCIAL GROUP INC XCH OA .00 ***** 07/22 ***** 100 COMMUNITY FINANCIAL GROUP INC 20.4200 2,042.00 ***** 07/19 ***** 100 COMMUNITY FINANCIAL GROUP INC 21.9500 2,195.00 5,000 COMMUNITY FINANCIAL GROUP INC 21.5100 107,550.00 100- COMMUNITY FINANCIAL GROUP INC 21.3600 2,135.93- 100- COMMUNITY FINANCIAL GROUP INC 21.3500 2,134.93- 100- COMMUNITY FINANCIAL GROUP INC 21.4000 2,139.93- 100- COMMUNITY FINANCIAL GROUP INC 21.5700 2,156.93- 400- COMMUNITY FINANCIAL GROUP INC 21.6000 8,639.73- 600- COMMUNITY FINANCIAL GROUP INC 21.5700 12,941.61- 700- COMMUNITY FINANCIAL GROUP INC 21.6000 15,119.54- 900- COMMUNITY FINANCIAL GROUP INC 21.4000 19,259.42- 1,000- COMMUNITY FINANCIAL GROUP INC 21.5700 21,569.35- 1,000- COMMUNITY FINANCIAL GROUP INC 21.5700 21,569.35- ***** 07/18 ***** 100 COMMUNITY FINANCIAL GROUP INC 22.9500 2,295.00 ***** 07/17 ***** 100 COMMUNITY FINANCIAL GROUP INC 23.9500 2,395.00 4 COMMUNITY FINANCIAL GROUP INC 23.7600 95.04 ***** 07/16 ***** 100 COMMUNITY FINANCIAL GROUP INC 23.8500 2,385.00 1,000 COMMUNITY FINANCIAL GROUP INC 23.8500 23,850.00 200 COMMUNITY FINANCIAL GROUP INC 24.0500 4,810.00 ***** 07/15 ***** 250 COMMUNITY FINANCIAL GROUP INC 24.7500 6,187.50 350 COMMUNITY FINANCIAL GROUP INC 24.6000 8,610.00 400 COMMUNITY FINANCIAL GROUP INC 24.6000 9,840.00 1,000 COMMUNITY FINANCIAL GROUP INC 24.6000 24,600.00 1,000 COMMUNITY FINANCIAL GROUP INC 24.7500 24,750.00 1,000 COMMUNITY FINANCIAL GROUP INC 24.7500 24,750.00 1,000 COMMUNITY FINANCIAL GROUP INC 24.7500 24,750.00 5,000 COMMUNITY FINANCIAL GROUP INC 24.5000 122,500.00 5,000- COMMUNITY FINANCIAL GROUP INC 24.5988 122,992.22- 2,400 COMMUNITY FINANCIAL GROUP INC 24.5988 59,037.12 2,600 COMMUNITY FINANCIAL GROUP INC 24.5988 63,956.88 ***** 07/12 ***** 100 COMMUNITY FINANCIAL GROUP INC 25 2,500.00 200 COMMUNITY FINANCIAL GROUP INC 25 5,000.00 1,000 COMMUNITY FINANCIAL GROUP INC 25 25,000.00 1,000 COMMUNITY FINANCIAL GROUP INC 25 25,000.00 1,000 COMMUNITY FINANCIAL GROUP INC 25 25,000.00 1,000 COMMUNITY FINANCIAL GROUP INC 25 25,000.00 ***** 07/01 ***** 100 COMMUNITY FINANCIAL GROUP INC 25 2,500.00 ***** 06/28 ***** 100 COMMUNITY FINANCIAL GROUP INC 25.1500 2,515.00 700 COMMUNITY FINANCIAL GROUP INC 25.1500 17,605.00 1,000 COMMUNITY FINANCIAL GROUP INC 25.1500 25,150.00 1,000 COMMUNITY FINANCIAL GROUP INC 25.1500 25,150.00 1,456- COMMUNITY FINANCIAL GROUP INC 25.1500 36,617.85- 714 COMMUNITY FINANCIAL GROUP INC 25.1500 17,957.10 742 COMMUNITY FINANCIAL GROUP INC 25.1500 18,661.30 Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).