-----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, K2YQPDjheOoZmGRD6Gq0L3sxt6RYVQtzQkhQsOfDVFvHwrhKQgHW4VZspAB81lfz CEwnzQMejq2WXG5Nhs9IvQ== 0000950154-01-500439.txt : 20020413 0000950154-01-500439.hdr.sgml : 20020413 ACCESSION NUMBER: 0000950154-01-500439 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011214 GROUP MEMBERS: HENRY PARTNERS, L.P. GROUP MEMBERS: MATTHEW PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEL INSTRUMENT ELECTRONICS CORP CENTRAL INDEX KEY: 0000096885 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 221441806 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-62333 FILM NUMBER: 1813484 BUSINESS ADDRESS: STREET 1: 728 GARDEN ST CITY: CARLSTADT STATE: NJ ZIP: 07072 BUSINESS PHONE: 2019331600 MAIL ADDRESS: STREET 1: 728 GARDEN ST CITY: CARLSTADT STATE: NJ ZIP: 07072 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HENRY PARTNERS L P CENTRAL INDEX KEY: 0001038390 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 255 SOUTH 17TH STREET STREET 2: SUITE 2501 CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2159854484 MAIL ADDRESS: STREET 1: 255 SOUTH 17TH STREET STREET 2: SUITE 2501 CITY: PHILADELPHIA STATE: PA ZIP: 19103 SC 13G 1 partners-sc13g_52746.txt SC-13G EDGAR FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Tel-Instrument Electronics Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.10 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 879165207 - -------------------------------------------------------------------------------- (CUSIP Number) December 6, 2001 - -------------------------------------------------------------------------------- (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) *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 2 of 7 Schedule 13G CUSIP NO. 879165207 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Henry Partners, L.P. 23-2888396 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ----------------- (b) X ----------------- - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares 121,000 Beneficially Owned by ---------------------------------------------------------- Each Reporting 6. Shared Voting Power Person With -0- ---------------------------------------------------------- 7. Sole Dispositive Power 121,000 ---------------------------------------------------------- 8. Shared Dispositive Power -0- - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 121,000 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 5.7% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 3 of 7 Schedule 13G CUSIP NO. 879165207 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Matthew Partners, L.P. 23-3063303 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ----------------- (b) X ----------------- - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares 25,000 Beneficially Owned by ---------------------------------------------------------- Each Reporting 6. Shared Voting Power Person With -0- ---------------------------------------------------------- 7. Sole Dispositive Power 25,000 ---------------------------------------------------------- 8. Shared Dispositive Power -0- - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 25,000 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.2% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- Page 4 of 7 Schedule 13G CUSIP NO. 879165207 ITEM 1. (A) NAME OF ISSUER: Tel-Instrument Electronics Corp. (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 728 Garden Street Carlstadt, NJ 07072 ITEM 2. (A) NAME OF PERSON FILING: (1) Henry Partners, L.P. (2) Matthew Partners, L.P. (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE, IF NONE, RESIDENCE: (1) 255 South 17th Street, Suite 2501 Philadelphia, PA 19103 (2) 255 South 17th Street, Suite 2501 Philadelphia, PA 19103 (C) CITIZENSHIP: (1) Delaware (2) Delaware (D) TITLE OF CLASS OF SECURITIES: Common Stock, $.10 par value per share (E) CUSIP NUMBER: 879165207 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO [SECTIONS] 240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (A) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (B) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (C) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (D) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). Page 5 of 7 Schedule 13G CUSIP NO. 879165207 (E) [ ] An investment adviser in accordance with [section] 240.13d-1(b)(1)(ii)(E). (F) [ ] An employee benefit plan or endowment fund in accordance with [section] 240.13d-(b)(1)(ii)(F). (G) [ ] A parent holding company or control person in accordance with [section] 240.13d-1(b)(1)(ii)(G). (H) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (I) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (J) [ ] Group, in accordance with [section] 240.13d-(b)(1)(ii)(J). Not applicable. ITEM 4. OWNERSHIP Henry Partners, L.P. and Matthew Partners, L.P. are record holders, in the aggregate, of 146,000 shares of common stock, or approximately 6.9% of the total number of shares of common stock outstanding. Henry Investment Trust, L.P. is the General Partner of each of Henry Partners, L.P. and Matthew Partners, L.P. David W. Wright is the investment manager of each of Henry Partners, L.P. and Matthew Partners, L.P. and is the President of the General Partner of Henry Partners, L.P. and Matthew Partners, L.P. Investment decisions made on behalf of Henry Partners, L.P. and Matthew Partners, L.P. are made primarily through their General Partner and David W. Wright. This Schedule 13G is filed on behalf of Henry Partners, L.P. and Matthew Partners, L.P. (A) AMOUNT BENEFICIALLY OWNED: (1) 121,000 (2) 25,000 (B) PERCENT OF CLASS: (1) 5.7% (2) 1.2% (C) NUMBER OF SHARES AS TO WHICH THE PERSON HAS: I. SOLE POWER TO VOTE OR TO DIRECT THE VOTE: (1) 121,000 (2) 25,000 II. SHARED POWER TO VOTE OR TO DIRECT THE VOTE: (1) -0- (2) -0- Page 6 of 7 Schedule 13G CUSIP NO. 879165207 III. SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: (1) 121,000 (2) 25,000 IV. SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: (1) -0- (2) -0- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [ ] 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 OR CONTROL PERSON Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBER OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATION 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 7 of 7 Schedule 13G CUSIP NO. 879165207 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. HENRY PARTNERS, L.P. by its General Partner, HENRY INVESTMENT TRUST, L.P., by its General Partner, CANINE PARTNERS, LLC Date: December 14, 2001 By: /s/ David W. Wright ------------------- --------------------------------------------- David W. Wright, President MATTHEW PARTNERS, L.P. by its General Partner, HENRY INVESTMENT TRUST, L.P., by its General Partner, CANINE PARTNERS, LLC Date: December 14, 2001 By: /s/ David W. Wright ------------------- --------------------------------------------- David W. Wright, President -----END PRIVACY-ENHANCED MESSAGE-----