-----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, BGit08enNcsQNaZoRNOwe7rXj0LSnxYONOymB6tmG2lX5ALAymqI7HaGAvgPAQvw o9hEAtrcVOYTBsp2LnP4sQ== 0001137185-05-000003.txt : 20050929 0001137185-05-000003.hdr.sgml : 20050929 20050929103915 ACCESSION NUMBER: 0001137185-05-000003 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050929 DATE AS OF CHANGE: 20050929 GROUP MEMBERS: AMSTER LIMITED PARTNERSHIP GROUP MEMBERS: AMSTER TRADING COMPANY GROUP MEMBERS: AMSTER TRADING COMPANY CHARITABLE REMAINDER UNITRUSTS GROUP MEMBERS: DAVID ZLATIN GROUP MEMBERS: GILDA ZLATIN GROUP MEMBERS: HOWARD AMSTER GROUP MEMBERS: HOWARD AMSTER 2005 CRUT GROUP MEMBERS: LET'S GET ORGANIZED LTD GROUP MEMBERS: PLEASANT LAKE APARTMENTS CORP. GROUP MEMBERS: PLEASANT LAKE APARTMENTS LTD. PARTNERSHIP GROUP MEMBERS: RAMAT SECURITIES LTD. GROUP MEMBERS: SAMUEL J. HELLER IRREVOCABLE TRUST GROUP MEMBERS: SAMUEL J.HELLER GROUP MEMBERS: TOVA FINANCIAL INC. CHARITABLE REMAINDER UNITRUST GROUP MEMBERS: TOVA FINANCIAL, INC. GROUP MEMBERS: ZAK GROUP LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IMPAC MORTGAGE HOLDINGS INC CENTRAL INDEX KEY: 0001000298 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 330675505 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-49465 FILM NUMBER: 051109988 BUSINESS ADDRESS: STREET 1: 1401 DOVE STREET CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 9494753600 MAIL ADDRESS: STREET 1: 1401 DOVE STREET CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: IMPERIAL CREDIT MORTGAGE HOLDINGS INC DATE OF NAME CHANGE: 19950911 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RAMAT SECURITIES LTD CENTRAL INDEX KEY: 0001137185 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 23811 CHAGRIN BLVD STREET 2: SUITE 200 CITY: BEACHWOOD STATE: OH ZIP: 44122 BUSINESS PHONE: 2165950987 MAIL ADDRESS: STREET 1: 23811 CHAGRIN BLVD STREET 2: SUITE 200 CITY: BEACHWOOD STATE: OH ZIP: 44122 SC 13D 1 impacmortgage.txt OMB Number 3235-0145 United States Securities and Exchange Commission Washington DC 20549 Schedule 13D Under the Securities and Exchange Act of 1934 IMPAC MORTGAGE HOLDINGS, INC. Name of Issuer common stock Title of Class of Securities 45254P102 CUSIP Number Howard Amster, 23811 Chagrin Blvd., Suite 200 Beachwood, Ohio 44122-5525, 216 595-1047 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 9/20/05 (Date of Event which Requires Filing of this Statement) If this 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 240.13d-1(e) (f) or (g), check the following box / /. Note: Scheduled filed in paper format shall include a signed original and five copies of the schedule including all exhibits. See 240.13D-7 for other parties to who 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 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). 1 Name of Reporting Person Howard Amster 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds PF 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting 3,382,585 Beneficially Owned By Each 8 Shared Voting 1,140,015 Reporting Person With 9 Sole Dispositive 3,382,585 10 Shared Dispositive 1,140,015 11 Aggregate Amount Beneficially owned 3,720,800 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 4.91 % 14 Type of Reporting Person IN 1 Name of Reporting Person Howard M Amster 2005 Charitable Remainder Unitrust 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds AF 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 2,600 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 2,600 11 Aggregate Amount Beneficially owned 2,600 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.00 % 14 Type of Reporting Person OO 1 Name of Reporting Person Amster Limited Partnership 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 3,600 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 3,600 11 Aggregate Amount Beneficially owned 3,600 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.0 % 14 Type of Reporting Person PN 1 Name of Reporting Person Amster Trading Company 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 931,315 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 931,315 11 Aggregate Amount Beneficially owned 140,115 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.20 % 14 Type of Reporting Person CO 1 Name of Reporting Person Amster Trading Company Charitable Remainder Unitrusts 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds AF 5 Check if Disclosure 6 Citizenship Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 791,200 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 791,200 11 Aggregate Amount Beneficially owned 791,200 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 1.04 % 14 Type of Reporting Person OO 1 Name of Reporting Person Samuel J Heller 2 If a member group a) / / c) /X/ 3 SEC Use only 4 Source of Funds PF 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 8,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 8,000 11 Aggregate Amount Beneficially owned 8,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.01 % 14 Type of Reporting Person IN 1 Name of Reporting Person Samuel J Heller Irrevocable Trust 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds OO 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 8,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 8,000 11 Aggregate Amount Beneficially owned 8,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.01 % 14 Type of Reporting Person OO 1 Name of Reporting Person Let's Get Organized, Inc. 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 700 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 700 11 Aggregate Amount Beneficially owned 700 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.0 % 14 Type of Reporting Person CO 1 Name of Reporting Person Pleasant Lake Apts. Corp. 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 25,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 25,000 11 Aggregate Amount Beneficially owned 25,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.03 % 14 Type of Reporting Person CO 1 Name of Reporting Person Pleasant Lake Apts. Ltd. Partnership 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds 00 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 25,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 25,000 11 Aggregate Amount Beneficially owned 25,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.03 % 14 Type of Reporting Person 00 1 Name of Reporting Person Ramat Securities Ltd. 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 169,500 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 169,500 11 Aggregate Amount Beneficially owned 169,500 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.22 % 14 Type of Reporting Person BD 1 Name of Reporting Person Tova Financial, Inc. 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 13,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 13,000 11 Aggregate Amount Beneficially owned 8,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.01 % 14 Type of Reporting Person CO 1 Name of Reporting Person Tova Financial, Inc. Charitable Remainder Unitrust 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds AF 5 Check if Disclosure 6 Citizenship Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 5,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 5,000 11 Aggregate Amount Beneficially owned 5,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.01 % 14 Type of Reporting Person OO 1 Name of Reporting Person ZAK Group LLC 2 If a member group a) / / b) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 3,600 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 3,600 11 Aggregate Amount Beneficially owned 3,600 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.0 % 14 Type of Reporting Person OO 1 Name of Reporting Person David Zlatin 2 If a member group a) / / d) /X/ 3 SEC Use only 4 Source of Funds PF 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting 7,130 Beneficially Owned By Each 8 Shared Voting 186,800 Reporting Person With 9 Sole Dispositive 7,130 10 Shared Dispositive 186,800 11 Aggregate Amount Beneficially owned 188,930 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.24 % 14 Type of Reporting Person IN 1 Name of Reporting Person Gilda Zlatin 2 If a member group a) / / e) /X/ 3 SEC Use only 4 Source of Funds PF 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting 2,120 Beneficially Owned By Each 8 Shared Voting 13,000 Reporting Person With 9 Sole Dispositive 2,120 10 Shared Dispositive 13,000 11 Aggregate Amount Beneficially owned 10,120 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.01 % 14 Type of Reporting Person IN Item 1. Security and Issuer IMPAC MORTGAGE HOLDINGS, INC. common stock IMPAC MORTGAGE HOLDINGS, INC. 1401 Dove Street Newport Beach, California 92660 949 475-3600 CUSIP Number 45254P102 Item 2. Identity and Background Howard Amster a) Howard Amster b) 23811 Chagrin Blvd., # 200, Beachwood, Ohio 44122-5525 c) Present principal occupation- Real Estate Operator 23811 Chagrin Blvd. # 200, Beachwood, Oh 44122-5525 d) Howard Amster has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Howard Amster has not been party to any civil proceedings of a judicial or administrative body or competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Howard M Amster 2005 Charitable Remainder Unitrust Howard M Amster 2005 Charitable Remainder Unitrust has been funded by Howard Amster . Because Howard Amster has the right to change the trustee of the trust, he can be deemed to have the right to shared voting and dispositive power over any security owned by the trust. While Howard Amster receives certain income distributions from the trust, the assets owned by the trust benefits charitable purposes. Howard Amster disclaims beneficial ownership of the securities owned by the trust. Howard Amster is the sole trustee of the Howard M Amster 2005 Charitable Remainder Unitrust, although he has no pecuniary interest in the trust and therefore disclaims beneficial ownership of shares owned by the trust. a) Howard M Amster 2005 Charitable Remainder Unitrust b) 23811 Chagrin Blvd., # 200 Beachwood, Ohio 44122-5525 c) Charitable Remainder Unitrust d) Neither Howard Amster or the trustee have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither Howard Amster or the trustee have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Amster Limited Partnership Howard Amster is a 10 % owner and General Partner of Amster Limited Partnership and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Amster Limited Partnership. a) Amster Limited Partnership b) 23811 Chagrin Blvd., # 200 Beachwood, Ohio 44122-5525 c) Investments d) Neither the officers, directors or partners of Amster Ltd. Partnership have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or partners of Amster Ltd. Partnership have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Amster Trading Company Howard Amster is the 100% owner of Amster Trading Company and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Amster Trading Company. a) Amster Trading Company b) 23811 Chagrin Blvd., # 200 Beachwood, Ohio 44122-5525 c) Investments d) Neither the officers, directors, or shareholder of Amster Trading Company have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors, or shareholder of Amster Trading Company have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Amster Trading Company Charitable Remainder Unitrusts Amster Trading Company Charitable Remainder Unitrusts have been funded by Amster Trading Company. Because Amster Trading Company has the right to change the trustee of the trusts, it can be deemed to have the right to shared voting and dispositive power over any security owned by the trusts. While Amster Trading Company receives certain income distributions from the trusts, the assets owned by the trusts benefits charitable purposes. Amster Trading Company disclaims beneficial ownership of the securities owned by these trusts. Howard Amster is the sole trustee of the Amster Trading Company Charitable Remainder Unitrusts although he has no pecuniary interest in the trusts and therefore disclaims beneficial ownership of shares owned by the trusts. a) Amster Trading Company Charitable Remainder Unitrusts b) 23811 Chagrin Blvd., # 200 Beachwood, Ohio 44122-5525 c) Charitable Remainder Unitrusts d) Neither the officers, directors, or shareholders of Amster Trading Company have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors, or shareholders of Amster Trading Company have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Samuel J Heller a) Samuel J Heller b) 1550 N Stapley Drive, # 131 Mesa, Arizona 85203-3710 c) Student d) Samuel J Heller has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Samuel J Heller has not been party to any civil proceedings of a judicial or administrative body or competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Samuel J Heller Irrevocable Trust Howard Amster is a co-trustee of the Samuel J Heller Irrevocable Trust. Mr. Amster can be deemed to have the right to shared voting and dispositive power over any security owned by the trust. Mr. Amster has no pecuniary interest in the trust and therefore disclaims beneficial ownership of shares owned by the trust. a) Samuel J Heller Irrevocable Trust b) 1550 N Stapley Drive, # 131 Mesa, Arizona 85203-3710 c) Irrevocable Trust d) Neither Howard Amster as trustee or the other trustees have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither Howard Amster as trustee or the other trustees have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Let's Get Organized, Inc. David Zlatin is the 100 % owner of Let's Get Organized, Inc. and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Let's Get Organized, Inc. a) Let's Get Organized, Inc. b) 2542 Biscayne Blvd. Beachwood, Ohio 44122-1773 c) Investments d) Neither the officers, directors, or shareholder of Let's Get Organized, Inc. have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors, or shareholder of Let's Get Organized, Inc. have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Pleasant Lake Apts. Corp. Howard Amster is the100 % owner of Pleasant Lake Apts. Corp. and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Pleasant Lake Apts. Ltd. Corp. a) Pleasant Lake Apts. Corp. b) 23811 Chagrin Blvd., # 200 Beachwood, Ohio 44122-5525 c) Investments d) Neither the officers, directors or shareholder of Pleasant Lake Apts. Corp. have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or shareholder of Pleasant Lake Apts. Corp. have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Pleasant Lake Apts. Ltd. Partnership Howard Amster is the 99.75 % owner of Pleasant Lake Apts. Ltd. Partnership and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Pleasant Lake Apts. Ltd. Partnership. Pleasant Lake Apts. Corp. is the General Partner of Pleasant Lake Apts. Ltd. Partnership and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Pleasant Lake Apts. Ltd. Partnership. a) Pleasant Lake Apts. Ltd. Partnership b) 7530 Lucerne Drive, # 101 Middleburg Heights, Ohio 44130 c) Real Estate d) Neither the officers, directors or partners of Pleasant Lake Apts. Ltd. Partnership have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or partners of Pleasant Lake Apts. Ltd. Partnership have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Ramat Securities Ltd., 23811 Chagrin Blvd., # 200, Beachwood, Ohio 44122 Securities Firm David Zlatin and Howard Amster are the unitholders of Ramat Securities Ltd., an Ohio Limited Liability Company. David Zlatin is a 17 % owner/principal of Ramat Securities Ltd. and has joint control of voting and dispositive power over all securities owned by Ramat Securities Ltd. While David Zlatin directly or indirectly or indirectly does not beneficially owner 5 % of Impac Mortgage Holdings, Inc., he because of such voting and dispositive power, might be deemed a beneficial owner of these shares owned by Ramat Securities Ltd. Howard Amster is an 83 % owner/principal of Ramat Securities Ltd. He has joint voting or dispositive power over any securities owned by Ramat Securities Ltd., but by being an 83 % owner can be deemed a beneficial owner of all securities owned by Ramat Securities Ltd. d) Neither the members or unitholders of Ramat Securities Ltd. have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the members or unitholders of Ramat Securities Ltd. have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Tova Financial, Inc. David Zlatin is a 50 % owner of Tova Financial, Inc. and as such can be deemed the beneficial owner of such entity and may be deemed to share shared voting and dispositive power over shares owned by Tova Financial, Inc. Gilda Zlatin is a 50 % owner of Tova Financial, Inc. and as such can be deemed the beneficial owner of such entity and may be deemed to share shared voting and dispositive power over shares owned by Tova Financial, Inc. a) Tova Financial, Inc. b) 2562 Biscayne Blvd. Beachwood, Ohio 44122-1773 c) Investments d) Neither the officers, directors or shareholders of Tova Financial Inc. have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or shareholders of Tova Financial Inc. have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Tova Financial, Inc., Charitable Remainder Unitrust Tova Financial, Inc., Charitable Remainder Unitrust has been Funded by Toval Financial, Inc. Because Tova Financial, Inc. has the right to change the trustee of the trust, it can be deemed to have the right to shared voting and dispositive power over any security owned by the trust. While Tova Financial, Inc. receives certain income distributions from the trust, the assets owned by the trust benefits charitable purposes. Tova Financial Inc. disclaims beneficial ownership of the securities owned by the trust. David Zlatin and Gilda Zlatin are co-trustees of the Tova Financial, Inc. Charitable Remainder Unitrust, although they have no pecuniary interest in the trust and therefore disclaim beneficial ownership of shares owned by the trust. a) Tova Financial, Inc., Charitable Remainder Unitrust b) 2562 Biscayne Blvd. Beachwood, Ohio 44122-1773 c) Charitable Remainder Unitrust d) Neither the officers, directors, or shareholders of Tova Financial, Inc. have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors, or shareholders of Tova Financial, Inc. have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. ZAK Group LLC David Zlatin is a 36 % owner of ZAK Group LLC and as such can be deemed to be a beneficial owner of such entity and may be deemed to have shared voting and dispositive power shares owned by ZAK Group LLC. Amster Limited Partnership is a 28 % owner of ZAK Group LLC and as such can be deemed to be a beneficial owner of such entity and may be deemed to have shared voting and dispositve power owned by ZAK Group LLC. a) ZAK Group LLC b) 221 Allynd Blvd., Chardon, Ohio 44024-1010 c) Investments d) Neither the officers, directors or members of ZAK Group LLC have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or members of ZAK Group LLC have been a party to any civil proceedings of a judicial or administrative body of competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. David Zlatin David Zlatin and Gilda Zlatin are husband and wife. Except for Tova Financial, Inc., and Tova Financial, Inc. Charitable Remainder Unitrust, each disclaims any shared voting and dispositive power over shares of Impac Mortgage Holdings, Inc. that each may own as a beneficial owner. a) David Zlatin b) 2562 Biscayne Blvd., Beachwood, Ohio 44122-1773 c) Present principal occupation- Principal, Ramat Securities Ltd., securities firm- 23811 Chagrin Blvd. # 200, Beachwood, Oh 44122-5525 d) David Zlatin has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) David Zlatin has not been party to any civil proceedings of a judicial or administrative body or competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. Gilda Zlatin David Zlatin and Gilda Zlatin are husband and wife. Except for Tova Financial, Inc., and Tova Financial, Inc. Charitable Remainder Unitrust, each disclaims any shared voting and dispositive power over shares of Impac Mortgage Holdings, Inc. that each may own as a beneficial owner. a) Gilda Zlatin b) 2562 Biscayne Blvd., Beachwood, Ohio 44122-1773 c) Present principal occupation- Teacher On leave/sabbatical. d) Gilda Zlatin has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Gilda Zlatin has not been party to any civil proceedings of a judicial or administrative body or competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. For information purposes only: Tamra F. Gould, a registered representative of Ramat Securities Ltd. is not an owner of Ramat Securities Ltd. and accordingly, has no shared voting, no dispositive power, no pecuniary interest in Registrant's common shares nor to any other securities owned by Ramat Securities Ltd. Ms. Gould disclaims being a member of this group. Ms. Gould owns directly or indirectly 27,300 common shares of Impac Mortgage, Inc. or 0.04 % of the Registrant's common shares with sole voting and dispositive power over these shares. Ramat Securities Ltd. has no voting, no dispositive power, nor pecuniary interest in Registrant's common shares nor to any other securities owned directly or indirectly by Ms. Gould. Item 3. Source and Amount of Funds or Other Consideration Howard Amster, in his personal and individual retirement accounts purchased all 3,382,585 common shares with personal funds without borrowing. The total consideration for the purchases is is $ 58,417,527.42. Howard M Amster 2005 Charitable Remainder Unitrust purchased all 2,600 common shares with trust assets without borrowing. The total consideration for the purchase was $ 33,152.37. Amster Trading Company purchased all 140,115 common shares with working capital without borrowing. The total consideration for these purchases is $ 2,602,897.94. Amster Trading Company Charitable Remainder Unitrusts purchased all 791,200 common shares with trust assets without borrowing. The total consideration for these purchases is $ 12,163,922.35. Samuel J Heller Irrevocable Trust purchased all 8,000 common shares with trust assets without borrowing. The total consideration for these purchase is $ $ 41,544.50. Let's Get Organized, Inc. purchased all 700 common shares with working capital without borrowing. The total consideration for the purchase is $ 13,426.48. Pleasant Lake Apts. Ltd. Partnership purchased all 25,000 common shares with partnership funds without borrowing. The total consideration for these purchases is $ 145,605.53 Ramat Securities Ltd. purchased all 169,500 common shares with working capital without borrowing. The total consideration for these purchases is $ 882,505.20. Tova Financial, Inc. purchased all 8,000 common shares with working capital without borrowing. The total consideration for these purchases is $ 162,811.60. Tova Financial, Inc. Charitable Remainder Unitrust purchased all 5,000 common shares with trust assets without borrowing. The total consideration for the purchase is $ 111,644.50. ZAK Group LLC purchased all 3,600 common shares with working capital without borrowing. The total consideration for the purchase is $ 71,140.46. . David Zlatin , in his individual retirement and K accounts purchased all 7,130 common shares with personal funds and without borrowing. The total consideration for the purchases is $ 144,846.49. Gilda Zlatin in her individual retirement account purchased All 2,120 common shares with personal funds and without borrowing. The total consideration for the purchases is $ 43,263.29. Item 4. Purpose of Transaction Howard Amster, Howard M Amster 2005 Charitable Remainder Unitrust, Amster Limited Partnership, Amster Trading Company, Amster Trading Company Charitable Remainder Unitrusts, Samuel J Heller, Samuel J. Heller Irrevocable Trust, Let's Get Organized Inc., Pleasant Lake Apts. Corp., Pleasant Lake Apts. Ltd. Partnership, Ramat Securites Ltd., Tova Financial, Inc., Tova Financial Inc. Charitable Remainder Unitrust, Zak Group Ltd., David Zlatin, Gilda Zlatin acquired their shares for purposes of investment and may deemed to be a group. There are no present plans or proposals by this group of record or the beneficial owners as reported in this Schedule 13D which relates to or would result in the following: a. The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer provided, however, the reporting persons might acquire additional shares or other securities of the issuer or dispose of some or all of their shares depending upon market conditions and their personal circumstances; b. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; c. A sale or transfer or a material amount of assets of the issuer or any of its subsidiaries; d. Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number of the terms of directors or to fill any existing vacancies on the board; e. Any material change in the present capitalization or dividend policy of the issuer; f. Any other material in the issuer's business or corporate structure; g. Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; h. Causing a class of securities of the issuer to be delisted from a national securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; i) A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or j. Any action similar to any of those enumerated above. Item 5. Interest in Securities of the Issuer The outstanding common shares of the Issuer is 75,732,094 shares. Refer to 10-Q/A for quarterly period ending June 30, 2005. (a)(b) The aggregate amount owned by this Reporting Group is 4,545,550 shares or 6.00 % of the outstanding shares. Howard Amster in his name and individual retirement accounts owns 3,382,585 shares or 4.47 % of the common outstanding shares. Howard M Amster 2005 Charitable Remainder Unitrust owns 2,600 shares or 0.00 % of the common outstanding shares. Amster Trading Company owns 140,115 shares or 0.20 % of the common outstanding shares. Amster Trading Company Charitable Remainder Unitrusts own 791,200 shares or 1.04 % of the common outstanding shares. Samuel J Heller Irrevocable trust owns 8,000 shares or 0.01 % of the common outstanding shares. Let's Get Organized, Inc. owns 700 shares or 0.00 % of the common outstanding shares. Pleasant Lake Apts. Ltd. Partnership owns 25,000 common shares or 0.03 % of the common outstanding shares. Ramat Securities Ltd. owns 169,500 common shares or 0.22 % of the common outstanding shares. Tova Financial, Inc. owns 8,000 common shares or 0.01 % of the common outstanding shares. Tova Financial, Inc. Charitable Remainder Unitrust owns 5,000 or 0.01 % of the common outstanding shares. ZAK Group LLC owns 3,600 common shares or 0.00 % of the common outstanding shares. David Zlatin owns 7,130 common shares or 0.01 % of the common outstanding shares. Gilda Zlatin owns 2,120 common shares or 0.00 % of the common outstanding shares. c) Description of Transactions All purchases were executed on a listed stock exchange as an open market transaction.
Executing Identity Date Shares Price Broker Howard Amster 12/28/98 30,000 4.3733 Everen Securities and his 12/29/98 6,310 4.2021 Everen Securities Individual 05/03/99 18,000 5.3125 Everen Securities Retirement Accounts 09/27/99 4,400 4.6335 Everen Securities 09/28/99 6,600 4.5625 Everen Securities 09/30/99 9,000 4.6875 Everen Securities 03/01/00 5,300 3.1875 Bear, Stearns 03/30/00 9,800 3.4375 Bear, Stearns 03/31/00 14,500 3.50 Bear, Stearns 04/03/00 1,800 3.4375 Bear, Stearns 04/04/00 1,500 3.4375 Bear, Stearns 04/05/00 7,000 3.50 Bear, Stearns 04/07/00 17,000 3.4743 Bear, Stearns 04/11/00 13,100 3.50 Bear, Stearns 04/12/00 10,000 3.4687 Bear, Stearns 04/13/00 13,600 3.3732 Bear, Stearns 04/14/00 31,900 3.2833 Bear, Stearns 04/17/00 60,500 3.1451 Bear, Stearns 09/29/00 8,500 2.559 Bear, Stearns 10/02/00 2,000 2.64 Bear, Stearns 10/03/00 2,000 2.64 Bear, Stearns 10/04/00 4,000 2.60 Bear, Stearns 10/10/00 5,200 2.4725 Bear, Stearns 10/11/00 8,000 2.3625 Bear, Stearns 10/12/00 3,800 2.36 Bear, Stearns 10/16/00 4,300 2.3093 Bear, Stearns 10/17/00 3,000 2.35 Bear, Stearns 10/18/00 1,500 2.28 Bear, Stearns 10/18/00 3,800 2.30 Bear, Stearns 11/07/00 1,000 2.35 Bear, Stearns 11/08/00 4,000 2.282 Bear, Stearns 11/09/00 37,400 2.105 Bear, Stearns 11/10/00 11,400 2.1254 Bear, Stearns 11/13/00 22,200 2.07 Bear, Stearns 11/15/00 9,300 2.016 Bear, Stearns 11/16/00 21,500 2.0762 Bear, Stearns 11/16/00 4,500 2.08 Bear, Stearns 11/22/00 1,600 1.91 Bear, Stearns 12/01/00 56,500 1.96 Bear, Stearns 03/11/04 42,600 22.8242 Bear, Stearns 03/12/04 10,000 23.229 Bear, Stearns 04/08/04 3,500 22.0372 Bear, Stearns 04/08/04 13,100 22.0373 Bear, Stearns 04/12/04 22,700 19.8022 Bear, Stearns 04/13/04 4,100 19.5212 Bear, Stearns 04/14/04 232,230 19.0616 Bear, Stearns 04/15/04 367,000 19.0716 Bear, Stearns 04/16/04 101,000 20.2394 Bear, Stearns 04/19/04 28,800 20.1471 Bear, Stearns 04/20/04 186,300 19.4631 Bear, Stearns 04/21/04 206,700 19.1454 Bear, Stearns 04/23/04 90,800 19.8418 Bear, Stearns 04/26/04 46,100 19.5752 Bear, Stearns 04/26/04 3,700 19.6435 Wachovia 04/27/04 72,700 19.8961 Bear, Stearns 04/28/04 35,100 19.7537 Bear, Stearns 04/29/04 79,300 18.8703 Bear, Stearns 04/30/04 50,000 18.9163 Bear, Stearns 05/03/04 6,600 18.6108 Bear, Stearns 06/08/04 47,745 20.3967 Bear, Stearns 07/15/04 54,000 22.1353 Bear, Stearns 07/16/04 20,500 22.4267 Bear, Stearns 07/19/04 32,000 22.6921 Bear, Stearns 09/29/04 2,000 25.4745 Bear, Stearns 09/30/04 1,600 26.2119 Bear, Stearns 10/25/04 6,000 21.8398 Bear, Stearns 10/25/04 160,000 21.9704 Bear, Stearns 10/26/04 34,700 21.8621 Bear, Stearns 10/27/04 1,330 22.2275 Bear, Stearns 10/29/04 2,390 22.9537 Bear, Stearns 10/29/04 1,800 22.8179 Bear, Stearns 11/01/04 9,400 22.682 Bear, Stearns 11/05/04 99,700 23.0016 Bear, Stearns 11/08/04 113,000 22.8526 Bear, Stearns 11/09/04 105,100 23.1421 Bear, Stearns 11/10/04 16,300 23.104 Bear, Stearns 12/01/04 3,000 23.7139 Bear, Stearns 12/23/04 10,900 22.8152 Bear, Stearns 12/23/04 350 22.84 Bear, Stearns 12/27/04 3,900 22.6144 Bear, Stearns 12/30/04 22,900 22.8334 Bear, Stearns 12/31/04 60,000 22.8012 Bear, Stearns 01/03/05 32,000 22.7308 Bear, Stearns 01/04/05 8,000 22.20 Bear, Stearns 01/06/05 12,400 21.2473 Bear, Stearns 01/07/05 22,100 21.4262 Bear, Stearns 01/10/05 25,500 21.3461 Bear, Stearns 01/11/05 4,800 21.2496 Bear, Stearns 01/12/05 5,300 20.9081 Bear, Stearns 01/13/05 5,000 21.5846 Bear, Stearns 01/14/05 20,000 21.7369 Bear, Stearns 08/11/05 18,830 13.7092 Bear, Stearns 08/17/05 600 13.05 Bear, Stearns 09/20/05 300,000 12.7414 Bear, Stearns 09/26/05 26,000 12.1664 Bear, Stearns 09/27/05 15,000 12.206 Bear, Stearns 09/28/05 300 12.2027 Bear, Stearns Howard M Amster 08/11/05 900 13.7092 Bear, Stearns 2005 Charitable 09/28/07 1,700 12.2027 Bear, Stearns Remainder Unitrust Amster Trading 06/22/99 15,200 5.4375 Everen Securities Company 06/23/99 10,800 5.50 Everen Securities 04/08/04 14,000 22,0373 Bear, Stearns 04/13/04 41,100 19.5212 Bear, Stearns 12/23/04 59,015 22.84 Bear, Stearns Amster Trading 04/08/04 350 22.0373 Bear, Stearns Company 04/12/04 98,700 19.8022 Bear, Stearns Charitable 04/13/04 14,800 19.5212 Bear, Stearns Remainder 04/15/04 7,945 19.0716 Bear, Stearns Unitrusts 04/27/04 32,500 19.8961 Bear, Stearns 04/28/04 21,200 19.7537 Bear, Stearns 10/15/04 4,800 24.8396 Bear, Stearns 10/29/04 200 22.9537 Bear, Stearns 04/29/04 3,700 18.8703 Bear, Stearns 04/30/04 60,000 18.9163 Bear, Stearns 06/08/04 19,700 20.3967 Bear, Stearns 09/28/04 4,200 26.0676 Bear, Stearns 10/21/04 6,300 23.4473 Bear, Stearns 10/22/04 2,200 22.5595 Bear, Stearns 10/29/04 3,710 22.9537 Bear, Stearns 11/10/04 26,300 23.104 Bear, Stearns 08/11/05 25,795 13.7092 Bear, Stearns 09/27/05 429,800 12.206 Bear, Stearns 09/28/05 29,000 12.2027 Bear, Stearns Samuel J Heller 11/08/99 7,500 4.125 First, Union Irrevocable Trust 06/09/04 500 20.581 Bear, Stearns Let's Get Organized 04/29/04 700 19.1314 Bear, Stearns Inc. Pleasant Lake 11/02/98 23,000 4.6893 Everen Securities Apts. Ltd. 05/03/04 2,000 18.6108 Bear, Stearns Partnership Ramat Securities 10/16/98 13,400 3.8651 Everen Securities Ltd. 11/02/98 25,000 4.7059 Everen Securities 01/12/99 18,500 4.7083 Everen Securities 01/13/99 4,100 4.6532 Everen Securities 03/04/99 5,000 5.5855 Everen Securities 04/28/99 22,000 5.7586 Everen Securities 07/01/99 9,000 5.5238 Everen Securities 08/07/00 5,500 2.7102 Bear, Stearns 08/21/00 1,300 2.625 Bear, Stearns 08/30/00 3,000 2.6875 Bear, Stearns 10/13/00 2,000 2.38 Bear, Stearns 11/24/00 500 1.92 Bear, Stearns 11/27/00 700 1.96 Bear, Stearns 12/01/00 40,000 1.96 Bear, Stearns 04/08/04 1,000 21.7266 Bear, Stearns 10/20/04 500 21.80 Bear, Stearns 10/25/04 2,000 21.525 Bear, Stearns 08/16/05 16,000 13.4375 Bear, Stearns Tova Financial, Inc. 04/14/04 1,500 19.0616 Bear, Stearns 04/15/04 3,500 19.0716 Bear, Stearns 07/16/04 3,000 22.4267 Bear, Stearns Tova Financial, Inc. 01/20/05 5,000 22.312 Bear, Stearns Charitable Remainder Unitrust ZAK Group LLC 04/22/04 3,600 19.7436 Bear, Stearns David Zlatin 06/08/04 4,000 20.373 Bear, Stearns in his various 06/09/04 2,150 20.5679 Bear, Stearns individual & K 06/14/04 980 19.35 Bear, Stearns retirement accounts Gilda Zlatin 06/08/04 2,000 20.373 Bear, Stearns in her individual 06/09/04 100 20.5679 Bear, Stearns retirement account 06/14/04 20 19.35 Bear, Stearns
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. There are no contracts, arrangements, understandings or relationships with respect to securities of the Issuer with any person except as set forth in items 2, 3, 5 above. Item 7. Material to be filed as exhibits. None Signature After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: September 28, 2005 /s/ Howard Amster /s/ Howard M Amster 2005 Charitable Remainder Unitrust By: Howard Amster Title: Trustee /s/ Amster Limited Partnership By: Howard Amster Title: General Partner /s/ Amster Trading Company By: Howard Amster Title: President /s/ Amster Trading Company Charitable Remainder Unitrusts By: Howard Amster Title: Trustee /s/ Samuel J Heller /s/ Samuel J Heller Irrevocable Trust By: Howard Amster Title: Trustee /s/ Let's Get Organized Inc. By: David Zlatin Title: President /s/ Pleasant Lake Apts. Corp. By: Howard Amster Title: President /s/ Pleasant Lake Apts. Ltd. Partnership By: Pleasant Lake Apts. Corp., Howard Amster, President Title: Its General Partner /s/ Ramat Securities Ltd. By: David Zlatin Title: Principal /s/ Tova Financial, Inc. By: David Zlatin Title: President /s/ Tova Financial , Inc. Charitable Remainder Unitrust By: David Zlatin & Gilda Zlatin Title: Co-trustees /s/ Zak Group LLC By: David Zlatin Title: Member /s/ David Zlatin /s/ Gilda Zlatin -----END PRIVACY-ENHANCED MESSAGE-----