-----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, Q4QIaifkJekb8VFL/LMm2RBXW4IhPzcTBbjYG5I2PjEsGbILyUE62/gpWbKOXbHk wkuIOg0Eylj7FxE0EGKCGQ== 0001019056-01-500414.txt : 20010910 0001019056-01-500414.hdr.sgml : 20010910 ACCESSION NUMBER: 0001019056-01-500414 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010831 FILED AS OF DATE: 20010907 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAXCOR FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000931707 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 593262958 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25056 FILM NUMBER: 1733219 BUSINESS ADDRESS: STREET 1: TWO WORLD TRADE CTR STREET 2: 84TH FL CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2127487000 MAIL ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 84TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL SERVICES ACQUISITION CORP /DE/ DATE OF NAME CHANGE: 19941020 COMPANY DATA: COMPANY CONFORMED NAME: SCHARF GILBERT D CENTRAL INDEX KEY: 0000936895 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 84TH FL CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2127353000 MAIL ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 84TH FL CITY: NEW YORK STATE: NY ZIP: 10048 4 1 gilberts-form4.txt FORM 4 - ------ FORM 4 - ------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person Scharf Gilbert D. - -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Maxcor Financial Group Inc. Two World Trade Center, 84th Floor - -------------------------------------------------------------------------------- (Street) New York New York 10048 - -------------------------------------------------------------------------------- (City) (State) (Zip) - -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Maxcor Financial Group Inc. (Common Stock: "MAXF") - -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) - -------------------------------------------------------------------------------- 4. Statement for Month/Year 8/2001 - -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) - -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [X] 10% Owner [X] Officer (give title below) [ ] Other (specify below) President, Chairman of the Board and Chief Executive Officer - -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person - --------------------------------------------------------------------------------
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or (Instr. 3) (Month/Day/Year) (Instr. 8) Disposed of (D) (Instr. 3, 4 and 5) --------------------------------------------------------------------- Code V Amount (A) or (D) Price - ------------------------------------------------------------------------------------------------------------------------------------ a. Common Stock, par value $.001 8/23/01 F 44,151 D $4.53 - ------------------------------------------------------------------------------------------------------------------------------------ b. Common Stock, par value $.001 8/23/01 M 100,000 A $2.00 - ------------------------------------------------------------------------------------------------------------------------------------ c. Common Stock, par value $.001 - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------- 5. Amount of Securities Beneficially 6. Ownership Form: 7. Nature of Indirect Owned at End of Month Direct (D) or Indirect (I) Beneficial Ownership (Instr. 3 and 4) (Instr. 4) (Instr. 4) - ----------------------------------------------------------------------------------------------------------------------- a. By Gilbert D. Scharf Living Trust (of which the Reporting Person is sole I (1) trustee) - ----------------------------------------------------------------------------------------------------------------------- b. By Gilbert D. Scharf Living Trust (of which the Reporting Person is sole 496,643 I (1) trustee) - ----------------------------------------------------------------------------------------------------------------------- c. 661,839 D - -----------------------------------------------------------------------------------------------------------------------
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g, puts, calls, warrants, options, convertible securities) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conversion or 3. Transaction Date 4. Transaction 5. Number of Derivative Securities (Instr. 3) Exercise Price (Month/Day/Year) Code Acquired (A) or Disposed of (D) of Derivative (Instr. 8) (Instr. 3, 4 and 5) Security ----------------------------------------------------- Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------------------ a. Stock Option - right to buy $2.00 8/23/01 M 100,000 - ------------------------------------------------------------------------------------------------------------------------------------ b. - ------------------------------------------------------------------------------------------------------------------------------------ c. - ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ 6. Date Exercisable 7. Title and Amount of Underlying 8. Price of 9. Number of 10. Ownership 11. Nature of and Expiration Securities Derivative Derivative Form of Indirect Date (Instr. 3 and 4) Security Securities Derivative Beneficial (Month/Day/Year) (Instr. 5) Beneficially Security: Ownership Owned at Direct (D) (Instr. 4) - ------------------------------------------------------------ End of Month or Indirect (I) Date Expiration Title Amount or (Instr. 4) Exercisable Date Number of Shares - ------------------------------------------------------------------------------------------------------------------------------------ a. (2) 8/26/01 Common Stock 100,000 -- D - ------------------------------------------------------------------------------------------------------------------------------------ b. - ------------------------------------------------------------------------------------------------------------------------------------ c. - ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) The reported transactions relate to the Reporting Person's exercise of a stock option grant and payment of the related exercise price through the delivery of shares of common stock held indirectly by the Reporting Person in the Gilbert D. Scharf Living Trust. Upon exercise of the option, the Reporting Person caused the shares of common stock receivable upon the exercise to be delivered to the Trust. (2) The stock option was granted on August 27, 1996 and became exercisable in equal 20% increments on each of the 1st, 2nd, 3rd and 4th anniversaries of the date of grant and on January 1, 2001. /s/ GILBERT D. SCHARF September 7, 2001 - --------------------------------------- ------------------------------- ** Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note. File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. -----END PRIVACY-ENHANCED MESSAGE-----