-----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, TOkASxVdPm3+Kjf9A7n1CkJIAsgA+AZx/D9znrzSy0JfweUnxzlS8F85NrQhA/3j kleCo48DWleTL8OYO1uKPw== 0001137185-06-000007.txt : 20061204 0001137185-06-000007.hdr.sgml : 20061204 20061204092137 ACCESSION NUMBER: 0001137185-06-000007 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061204 DATE AS OF CHANGE: 20061204 GROUP MEMBERS: AMSTER LIMITED PARTNERSHIP GROUP MEMBERS: AMSTER TRADING COMPANY GROUP MEMBERS: AMSTER TRADING COMPANY CRUTS GROUP MEMBERS: DAVID ZLATIN GROUP MEMBERS: DAVID ZLATIN AND GILDA ZLATIN JTWROS GROUP MEMBERS: GILDA ZLATIN GROUP MEMBERS: HOWARD AMSTER GROUP MEMBERS: HOWARD AMSTER 2005 CRUT GROUP MEMBERS: LET'S GET ORGANIZED, INC. GROUP MEMBERS: PLEASANT LAKE APTS. CORP GROUP MEMBERS: PLEASANT LAKE APTS. LTD. PARTNERSHIP GROUP MEMBERS: RAMAT SECURITIES LTD. GROUP MEMBERS: SAMUEL J HELLER GROUP MEMBERS: SAMUEL J HELLER IRREVOCABLE TRUST GROUP MEMBERS: TOVA FINANCIAL, INC. GROUP MEMBERS: TOVA FINANCIAL, INC. CRUT 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49465 FILM NUMBER: 061252786 BUSINESS ADDRESS: STREET 1: 19500 JAMBOREE ROAD CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 9494753600 MAIL ADDRESS: STREET 1: 19500 JAMBOREE ROAD CITY: IRVINE STATE: CA ZIP: 92612 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/A 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/A 1 imhamendment.txt OMB Number 3235-0145 United States Securities and Exchange Commission Washington DC 20549 Schedule 13D/A Under the Securities and Exchange Act of 1934 Amendment No. 2 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. November 29, 2006 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 4,513,950 Beneficially Owned By Each 8 Shared Voting 2,094,485 Reporting Person With 9 Sole Dispositive 4,513,950 10 Shared Dispositive 2,094,485 11 Aggregate Amount Beneficially owned 5,396,535 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 7.09 % 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 5,900 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 5,900 11 Aggregate Amount Beneficially owned 5,900 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 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 6,300 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 6,300 11 Aggregate Amount Beneficially owned 6,300 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 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 1,408,185 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 1,408,185 11 Aggregate Amount Beneficially owned 214,185 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.3 % 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 USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 1,194,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 1,194,000 11 Aggregate Amount Beneficially owned 1,194,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 1.57 % 14 Type of Reporting Person OO 1 Name of Reporting Person Samuel J Heller 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 Beneficially Owned By Each 8 Shared Voting 12,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 12,000 11 Aggregate Amount Beneficially owned 12,000 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 12,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 12,000 11 Aggregate Amount Beneficially owned 12,000 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 35,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 35,000 11 Aggregate Amount Beneficially owned 35,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.04 % 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 627,100 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 627,100 11 Aggregate Amount Beneficially owned 627,100 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.82 % 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 25,930 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 25,930 11 Aggregate Amount Beneficially owned 18,900 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.02 % 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 USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 7,030 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 7,030 11 Aggregate Amount Beneficially owned 7,030 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 6,300 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 6,300 11 Aggregate Amount Beneficially owned 6,300 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 David Zlatin 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 7,965 Beneficially Owned By Each 8 Shared Voting 668,030 Reporting Person With 9 Sole Dispositive 7,965 10 Shared Dispositive 668,030 11 Aggregate Amount Beneficially owned 668,965 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.88 % 14 Type of Reporting Person IN 1 Name of Reporting Person David Zlatin and Gilda Zlatin JTWROS 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 Beneficially Owned By Each 8 Shared Voting 33,930 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 33,930 11 Aggregate Amount Beneficially owned 26,900 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.04 % 14 Type of Reporting Person IN 1 Name of Reporting Person Gilda Zlatin 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 2,322 Beneficially Owned By Each 8 Shared Voting 33,930 Reporting Person With 9 Sole Dispositive 2,322 10 Shared Dispositive 33,930 11 Aggregate Amount Beneficially owned 29,222 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 0.04 % 14 Type of Reporting Person IN This is the second amendment to filed Schedule 13D for IMPAC Mortgage Holdings, Inc. Item 2. Identity and Background Pleasant Lake Apts. Corp. Howard Amster is the 100 % 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. For information purposes only Clients and employees (excluding Mr. Amster and Mr. Zlatin) of Ramat Securities own 314,852 common shares of IMPAC Mortgage Holdings, Inc. or 0.41 % of the common shares. Clients and employees (excluding Mr. Amster and Mr. Zlatin) of Ramat Securities Ltd. do not have ownership, no shared voting, no dispositive power, no pecuniary interest in in any shares of IMPAC Mortgage Holdings, Inc. nor to any other securities owned directly or indirectly by Ramat Securities Ltd. Clients and employees of Ramat Securities Ltd. (excluding Mr. Amster and Mr. Zlatin) disclaim being a member of this group. Ramat Securities has no ownership, no shared voting, no dispositive, no pecuniary interest of IMPAC Mortgage Holdings, Inc common shares nor in any other securities owned directly or indirectly by its clients or employees (excluding Mr. Amster and Mr. Zlatin). Item 3. Source and Amount of Funds or Other Consideration Howard Amster, in his personal and individual retirement accounts sold 13,450 common shares and purchased an additional 555,000 common shares. The purchases were with personal funds without borrowing. The total consideration for the purchases reported on this amendment is $ 5,337,825.85 bringing Howard Amster's total investment to $ 69,422,813.52. Amster Trading Company sold 114,115 common shares, purchased an additional 76,900 common shares, received a PIK distribution of 5,300 common shares. The purchases were with working capital without borrowing. The total consideration for the purchases and PIK reported on this amendment is $ 736,937.17 bringing Amster Trading Company's total investment to $ 1,978,681.54. Amster Trading Company Charitable Remainder Unitrusts distributed as payment in kind (PIK) 5,300 common shares and purchased an additional 294,100 common shares with trust assets without borrowing. The total consideration for the purchase reported on this amendment is $ 2,852,064.70 bringing Amster Trading Company Remainder Unitrusts's total investment to $ 16,121,366.58. Samuel J Heller Irrevocable Trust purchased an additional 4,000 common shares with trust assets without borrowing. The total consideration for this purchase as reported on this amendment is $ 34,839.50 bringing the Samuel J Heller Irrevocable Trust 's total investment to $ 76,384.00. Pleasant Lake Apts. Corp purchased all 10,000 common shares with working capital without borrowing. The total consideration for the purchase reported on this amendment is $ 102,497.50. Ramat Securities Ltd. purchased an additional 196,300 common shares with working capital without borrowing. The total consideration for the purchases reported on this amendment is $ 1,922,572.24 bringing Ramat Securities Ltd.'s total investment to $ 5,441,434.44. Tova Financial, Inc sold 12,000 common shares as reported on this amendment bringing Tova Financial, Inc.'s total investment to $ 187,575.86. Tova Financial, Inc. Charitable Remainder Unitrust purchased an additional 450 common shares with trust assets without borrowing. The total consideration for the purchase on this amendment is $ 4,993.00 bringing Tova Financial, Inc. Charitable Remainder Unitrust's total investment to $ 132,298.72. ZAK Group LLC purchased an additional 2,700 common shares with working capital without borrowing. The total consideration for the purchase on this amendment is $ 27,547.39 bringing ZAK Group LLC's total investment to $ 98,687.85. . David Zlatin in his individual and K retirement accounts purchased an additional 835 common shares with personal funds and without borrowing. The total consideration for the purchases on this amendment is $ 8,450.60 bringing David Zlatin's total investment to $ 153,297.18. Gilda Zlatin in her individual retirement accounts purchased an additional 202 common shares with personal funds and without borrowing. The total consideration for the purchases on this amendment is $ 2,041.51 bringing Gilda Zlatin's total investment to $ 45,304.80. 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 David Zlatin and Gilda Zlatin JTWROS 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; Item 5. Interest in Securities of the Issuer Issuer's Form 10-Q for fiscal year ending September 30, 2006 references 76,143,144 shares of common stock outstanding as of November 6, 2006. (a)(b) The aggregate amount owned by this Reporting Group is 6,653,352 shares or 8.74 % of the outstanding shares. Howard Amster in his name and individual retirement accounts owns 4,513,950 shares or 5.93 % of the common outstanding shares. Howard M Amster 2005 Charitable Remainder Unitrust owns 5,900 shares or 0.01 % of the common outstanding shares. Amster Trading Company owns 214,185 shares or 0.3 % of the common outstanding shares. Amster Trading Company Charitable Remainder Unitrusts own 1,194,000 shares or 1.57 % of the common outstanding shares. Samuel J Heller Irrevocable trust owns 12,000 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. Corporation owns 10,000 common shares or 0.01 % 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 627,100 common shares or 0.82 % of the common outstanding shares. Tova Financial, Inc. owns 18,900 common shares or 0.02 % of the common outstanding shares. Tova Financial, Inc. Charitable Remainder Unitrust owns 7,030 or 0.01 % of the common outstanding shares. ZAK Group LLC owns 6,300 common shares or 0.01 % of the common outstanding shares. David Zlatin owns 7,965 common shares or 0.01 % of the common outstanding shares. David Zlatin and Gilda Zlatin as JTWROS owns 8,000 common shares or 0.01 % of the common outstanding shares. Gilda Zlatin owns 2,322 common shares or 0.00 % of the common outstanding shares. c) Description of Transactions Transactions were executed on a listed stock exchange as open market transactions excluding payment in kind distributions (PIK) that were received by Amster Trading Company from the Amster Trading Company Charitable Remainder Unitrusts, each PIK were priced at closing and are included in the following table.
Buys Executing Identity Date Shares Price Broker Howard Amster 11/17/05 8700 10.13 Bear, Stearns and his 12/01/05 15000 11.70 Bear, Stearns Individual 12/02/05 15800 11.09 Bear, Stearns Retirement Accounts 12/06/05 10000 10.70 Bear, Stearns 12/07/05 13400 10.56 Bear, Stearns 12/08/05 25000 10.82 Bear, Stearns 12/09/05 10000 10.27 Bear, Stearns 12/12/05 20000 10.28 Bear, Stearns 12/13/05 7000 10.33 Bear, Stearns 01/09/06 31000 9.38 Bear, Stearns 01/12/06 53900 9.26 Bear, Stearns 01/18/06 32800 8.59 Bear, Stearns 01/24/06 70000 8.61 Bear, Stearns 01/30/06 115000 8.80 Bear, Stearns 01/31/06 20000 8.72 Bear, Stearns 02/08/06 17900 7.81 McDonald 07/13/06 27900 11.28 Bear, Stearns 07/14/06 50000 10.92 Bear, Stearns 07/26/06 11600 11.09 Bear, Stearns Amster Trading 11/18/05 6300 10.13 Bear, Stearns Company 02/02/06 70600 8.66 Bear, Stearns 07/12/06 5300 11.34 PIK distribution Amster Trading 11/18/05 5600 10.13 Bear, Stearns Company Charitable 11/29/06 84800 9.54 Bear, Stearns Remainder Unitrusts 11/30/06 40000 9.6854 Friedman, Billings 11/30/06 101700 9.7524 Bear, Stearns 12/01/06 62000 9.701 Bear, Stearns Samuel J Heller 09/21/06 4000 8.69 Bear, Stearns Irrevocable Trust Pleasant Lake Apts. 12/15/05 10000 10.2338 Bear, Stearns Corporation Ramat Securities 12/02/05 43000 10.86 Bear, Stearns Ltd. 12/06/05 34000 10.74 Bear, Stearns 12/22/05 10000 9.84 Bear, Stearns 12/20/05 2200 9.97 Bear, Stearns 02/01/06 3000 8.66 Bear, Stearns 02/03/06 47000 8.53 Bear, Stearns 02/06/06 25000 8.42 Bear, Stearns 02/08/06 5000 7.83 Bear, Stearns 07/27/06 22000 11.05 Bear, Stearns 11/30/06 5100 9.7524 Bear, Stearns Tova Financial, Inc. 07/14/06 450 11.03 Bear, Stearns Charitable Remainder Unitrust ZAK Group LLC 01/05/06 2700 10.18 Bear, Stearns David Zlatin 05/01/06 527 9.39 Bear, Stearns in his various 07/31/06 308 10.73 Bear, Stearns individual and K retirement accounts Gilda Zlatin 05/01/06 151 9.39 Bear, Stearns in her individual 07/31/06 52 10.73 Bear, Stearns retirement accounts Sells Howard Amster 05/11/06 13450 11.19 Bear, Stearns Amster Trading 05/11/06 114115 11.19 Bear, Stearns Company Amster Trading 07/12/06 5300 11.34 PIK distribution Company Charitable Remainder Unitrusts Toval Financial, Inc. 08/03/06 12000 10.83 Bear, Stearns
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: December 4, 2006 /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/ /s/ David Zlatin and Gilda Zlatin as JTWOS /s/ Gilda Zlatin -----END PRIVACY-ENHANCED MESSAGE-----