-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, S7AqKCDDdPSeIkuYJd4RCzfKNoHjYHmRKHQLVtCtp1SJoW25ChD5f7MFQQtxoQYF MA5rhujA+1+/EOdSjFU1+A== 0000889812-95-000404.txt : 19950814 0000889812-95-000404.hdr.sgml : 19950814 ACCESSION NUMBER: 0000889812-95-000404 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950811 SROS: NASD GROUP MEMBERS: A CAP, INC. GROUP MEMBERS: ASSOCIATED CAPITAL LP GROUP MEMBERS: JAY H. ZISES GROUP MEMBERS: NANCY J. FRANKEL-ZISES GROUP MEMBERS: SELIG A. ZISES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CAMBEX CORP CENTRAL INDEX KEY: 0000016590 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 042442959 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-30168 FILM NUMBER: 95560984 BUSINESS ADDRESS: STREET 1: 360 SECOND AVE CITY: WALTHAM STATE: MA ZIP: 02154 BUSINESS PHONE: 6178906000 MAIL ADDRESS: STREET 2: 360 SECOND AVE CITY: WALTHAM STATE: MA ZIP: 02154 FORMER COMPANY: FORMER CONFORMED NAME: CAMBRIDGE MEMORIES INC DATE OF NAME CHANGE: 19801204 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ASSOCIATED CAPITAL LP CENTRAL INDEX KEY: 0000864939 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 477 MADISON AVE. 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128729662 MAIL ADDRESS: STREET 1: 477 MADISON AVE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SCHEDULE 13D AMENDMENT NO. 2 OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 1997 Estimated average burden hours per response...14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* Cambex Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.10 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 132008103 - -------------------------------------------------------------------------------- (CUSIP Number) Associated Capital, L.P. Margery K. Neale, Esq. A Cap, Inc. Shereff, Friedman, Hoffman & Goodman, LLP Jay H. Zises 919 Third Avenue Selig A. Zises New York, New York 10022 Nancy J. Frankel-Zises (212) 758-9500 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 9, 1995 ----------------------------------------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with the statement / /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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). SEC 1746(12-91) SCHEDULE 13D CUSIP No. 132008103 Page 2 of 15 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ASSOCIATED CAPITAL, L.P. 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 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 438,500 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 438,500 PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING REASON 438,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.0% 14 TYPE OF REPORTING PERSON* PN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SEC 1746(12-91) SCHEDULE 13D CUSIP No. 132008103 Page 3 of 15 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON A CAP, INC. 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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / 6 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK 7 SOLE VOTING POWER NUMBER OF 438,500 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 438,500 PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING REASON 438,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.0% 14 TYPE OF REPORTING PERSON* CO *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SEC 1746(12-91) SCHEDULE 13D CUSIP No. 132008103 Page 4 of 15 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JAY H. ZISES 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (b) / / 3 SEC USE ONLY 4 SOURCE OF FUNDS WC, PF, 00 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES 7 SOLE VOTING POWER NUMBER OF 521,500 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 76,000 EACH 9 SOLE DISPOSITIVE POWER REPORTING 521,500 PERSON WITH 10 SHARED DISPOSITIVE POWER 76,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING REASON 597,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.8% 14 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SEC 1746(12-91) SCHEDULE 13D CUSIP No. 132008103 Page 5 of 15 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SELIG A. ZISES 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (b) / / 3 SEC USE ONLY 4 SOURCE OF FUNDS PF, 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 UNITED STATES 7 SOLE VOTING POWER NUMBER OF 109,000 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 49,500 EACH 9 SOLE DISPOSITIVE POWER REPORTING 109,000 PERSON WITH 10 SHARED DISPOSITIVE POWER 49,500 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING REASON 158,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.8% 14 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SEC 1746(12-91) SCHEDULE 13D CUSIP No. 132008103 Page 6 of 15 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NANCY J. FRANKEL-ZISES 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (b) / / 3 SEC USE ONLY 4 SOURCE OF FUNDS PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES 7 SOLE VOTING POWER NUMBER OF 45,000 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 45,000 PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING REASON 45,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.5% 14 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SEC 1746(12-91) SCHEDULE 13D Item 3. Source and Amount of Funds Associated Capital purchased an aggregate of 438,500 shares at an aggregate cost of $3,502,162.50, using its own funds. Jay H. Zises purchased an aggregate of 80,000 shares of Common Stock for his personal and retirement accounts at an aggregate cost of $588,650 using his own funds. The 20,500 shares of Common Stock acquired by Justin Zises were acquired at an aggregate cost of $207,326.25 using his own funds. The 3,000 shares of Common Stock acquired in the Uniform Gift to Minors Act ("UGMA") for Meryl Zises were acquired at an aggregate cost of $20,946, using funds from the UGMA account. The 20,500 shares of Common Stock acquired by Lara Zises were acquired at an aggregate cost of $207,326.25 using her own funds. The 20,000 shares of Common Stock acquired by Samantha Zises were acquired at an aggregate cost of $201,511.25 using her own funds. The 15,000 shares of Common Stock acquired by Susan Zises were acquired at an aggregate cost of $134,879, using her own funds. Selig A. Zises purchased an aggregate of 109,000 shares of Common Stock for his personal and retirement accounts at an aggregate cost of $1,070,926.50, using his own funds. The 49,500 shares of Common Stock acquired by Lynn Zises were acquired at an aggregate cost of $515,344.50, using her own funds. Nancy J. Frankel-Zises purchased an aggregate of 45,000 shares of Common Stock for her retirement account at an aggregate cost of $319,692.50 using her own funds. All of the amounts reported herein are net of commissions. Item 5. Interest in Securities of the Issuer (a) and (b) Associated is the beneficial and record owner of 438,500 shares of Common Stock, or 5.0% of the outstanding shares of Common Stock. As the general partner of Associated, A Cap has the sole power to vote and to direct the voting of and the sole power to dispose and direct the disposition of the 438,500 shares of Common Stock owned by Associated. Accordingly, A Cap may be deemed to be the beneficial owner of such 438,500 shares of Common Stock or 5.0% of the outstanding shares of 1 Common Stock. Jay Zises, as President of A Cap, has the sole power to vote and to direct the voting of, and to dispose and to direct the disposition of, the shares of Common Stock deemed to be beneficially owned by A Cap. Accordingly, Mr. Zises may be deemed to be the beneficial owner of such 438,500 shares of Common Stock or 5.0% of the outstanding shares of Common Stock. Jay Zises is the beneficial and record owner of an aggregate of 80,000 shares of Common Stock or 0.9% of the outstanding in his personal account, individual retirement account ("IRA") and Keogh account. As hereinafter described, Mr. Zises also may be deemed to own beneficially an additional 79,000 shares of Common Stock or 0.9% of the outstanding. Such shares are owned of record as follows: (i) 20,500 shares of Common Stock, or 0.2% of the outstanding, held in the account of his son, Justin Zises, (ii) 3,000 shares of Common Stock (less than 0.1%) held in an UGMA account for the benefit of his daughter, Meryl Zises, (iii) 20,500 shares of Common Stock, or 0.2% of the outstanding, in the account of his daughter, Lara Zises, (iv) 20,000 shares of Common Stock, or 0.2% of the outstanding, in the account of his daughter, Samantha Zises, and (v) 15,000 shares of Common Stock, or 0.2% of the outstanding, in the account of his ex-wife, Susan Zises. In addition to the 438,500 shares of Common Stock owned by Associated, Jay Zises has sole power to vote or direct the vote of, and to dispose and to direct the disposition of, 83,000 shares of Common Stock, consisting of (A) the 80,000 shares held in Mr. Zises's personal, IRA and Keogh accounts, and (B) the 3,000 shares held in the UGMA account for Meryl Zises. Jay Zises has shared power to vote or direct the voting of, and shared power to dispose or direct the disposition of 76,000 shares of Common Stock, consisting of (A) the 20,500 shares held in Lara Zises's account, (B) the 20,000 shares held in Samantha Zises's account, (C) the 20,500 shares held in Justin Zises's account, and (D) the 15,000 shares held in Susan Zises's account. Selig A. Zises is the beneficial and record owner of an aggregate of 109,000 shares of Common Stock, or 1.2% of the outstanding, in Mr. Zises's personal account and IRA. In addition, as described below, Mr. Zises also may be deemed to own beneficially an additional 49,500 shares of Common Stock, or 0.6% of the outstanding, held in the account of his daughter, Lynn Zises. Selig A. Zises has sole power to vote or direct the voting of, and sole power to dispose or direct the disposition of 109,000 shares of Common Stock, consisting of all of the shares held in Mr. Zises's personal and IRA accounts. Selig A. Zises has shared power to vote or direct the voting of, and shared power to dispose or direct the disposition of 49,000 shares of Common Stock, consisting of the shares held in Lynn Zises's account. Nancy Frankel-Zises is the beneficial and record owner of an aggregate of 45,000 shares of Common Stock, or 0.5% of the outstanding, in her IRA account. Nancy Frankel-Zises has sole power to vote or direct the voting of, and sole power to dispose or direct the disposition of 45,000 shares of Common Stock, consisting of all of 2 the shares held in her personal account. The number of shares beneficially owned by each of the Reporting Persons and the percentage of outstanding shares represented thereby, have been computed in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Securities Exchange Act"). The percentage of ownership of the Reporting Persons is based on 8,737,617 outstanding shares of Common Stock of the issuer on July 17, 1995 based on the Issuer's report on Form 10-Q for the quarter ended June 3, 1995. (c) See Exhibit B attached hereto for information concerning transactions made. (d) Notwithstanding the fact that Jay H. Zises and Selig A. Zises may be deemed to beneficially own the shares of Common Stock held in the accounts of members of their respective families, each of the accounts established in the name or for the benefit of Lara Zises, Samantha Zises, Justin Zises, Meryl Zises, Susan Zises and Lynn Zises that holds shares of Common Stock will have the right to receive dividends payable with respect to such shares of Common Stock. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Each of Jay H. Zises and Selig A. Zises, as the case may be, have informal understandings with certain of their respective family members pursuant to which Jay H. Zises or Selig A. Zises exercises investment discretion with respect to and on behalf of such family members. Pursuant to such arrangements, Jay Zises may purchase and sell securities of the Issuer for the respective accounts of Lara Zises, Samantha Zises, Susan Zises and Justin Zises, and Selig Zises may purchase and sell securities of the Issuer for the account of Lynn Zises. In addition, as trustee of an UGMA account established for the benefit of Meryl Zises, Jay Zises may exercise investment discretion with respect to securities of the Issuer held in such account. Item 7. Material to be Filed as Exhibits Exhibit B. Purchases of Common Stock of Issuer. 3 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. ASSOCIATED CAPITAL, L.P. By: A CAP, INC., as General Partner By:/s/ Jay H. Zises ------------------------------- Jay H. Zises, President A CAP, INC. By:/s/ Jay H. Zises ------------------------------- Jay H. Zises, President /s/ Jay H. Zises ---------------------------------- JAY H. ZISES /s/ Selig A. Zises ---------------------------------- SELIG A. ZISES /s/ Nancy Frankel-Zises ---------------------------------- NANCY FRANKEL-ZISES Dated: August 9, 1995 EXHIBIT B NEW PURCHASES OF COMMON STOCK CAMBEX CORPORATION AS OF 8/9/95 Trade Date # of shares Price Net $ Selig Zises 7/14/95 10,000 $10.125 $101,250.00 7/17/95 4,000 $9.875 $39,500.00 SUB TOTAL 14,000 $10.054 $140,750.00 Lynn Zises 7/17/95 5,000 $9.875 $49,375.00 7/31/95 3,400 $12.875 $43,775.00 8/1/95 6,600 $12.875 $84,975.00 SUB TOTAL 15,000 $11.875 $178,125.00 Susan Zises 7/18/95 10,000 $9.088 $90,879.00 7/18/95 3,000 $8.750 $26,250.00 7/18/95 2,000 $8.875 $17,750.00 SUB TOTAL 15,000 $8.992 $134,879.00 Associated Capital 7/19/95 4,000 $8.500 $34,000.00 7/20/95 9,500 $9.060 $86,070.00 8/9/95 25,000 $12.188 $304,687.50 SUB TOTAL 38,500 $11.033 $424,757.50 Nancy Zises 7/28/95 5,000 $12.375 $61,875.00 SUB TOTAL 5,000 $12.375 $61,875.00 TOTAL as of 7/12 713,500 (amend date) Current Total 801,000 % ownership 9.17% -----END PRIVACY-ENHANCED MESSAGE-----