-----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, Jdrv8v20KkUL5+LWuqOwQoG3qrL3Hn5tQxYYxcmk+ka0gJArVrWYffXOKs39Odma vU5YRZph2yhHiL/R2vWxqQ== 0000909654-07-000342.txt : 20070214 0000909654-07-000342.hdr.sgml : 20070214 20070214140328 ACCESSION NUMBER: 0000909654-07-000342 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 GROUP MEMBERS: THEODORE PATTERSON GROUP MEMBERS: THOMAS P. O'NEILL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PATAPSCO BANCORP INC CENTRAL INDEX KEY: 0001003961 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 521951797 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50123 FILM NUMBER: 07617982 BUSINESS ADDRESS: STREET 1: 1301 MERRITT BLVD CITY: DUNDALK STATE: MD ZIP: 21222 BUSINESS PHONE: 4102851010 MAIL ADDRESS: STREET 1: 1301 MERRITT BLVD CITY: DUNDALK STATE: MD ZIP: 21222 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PATAPSCO BANCORP INC EMPLOYEE STOCK OWNERSHIP PLAN CENTRAL INDEX KEY: 0001033079 IRS NUMBER: 522004618 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1301 MERRIT BLVD CITY: DUNDALK STATE: MD ZIP: 21222-2194 BUSINESS PHONE: 4102851010 MAIL ADDRESS: STREET 1: 1301 MERRIT BLVD CITY: DUNDALK STATE: MD ZIP: 21222-2194 SC 13G/A 1 patapsco13gafeb12.txt 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G/A UNDER THE SECURITIES AND EXCHANGE ACT OF 1934 (AMENDMENT NO. 10)(1) PATAPSCO BANCORP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 702898 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) DECEMBER 31, 2006 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /X/ Rule 13d-1(b) /X/ Rule 13d-1(c) /_/ Rule 13d-1(d) - ------------------ (1) 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 the disclosures provided in a prior cover page. The information required in 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 1 of 8 pages 2 - -------------------------------------------------------------------------------- CUSIP NO. 702898 10 7 13G/A PAGE 2 OF 8 PAGES - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS: PATAPSCO BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN TRUST I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 52-2004618 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) /_/ (b) /_/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF MARYLAND - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF SHARES ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 103,278 OWNED BY EACH ------------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER 103,278 PERSON WITH ------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 103,278 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES /_/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.6% (1) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON EP - -------------------------------------------------------------------------------- (1) Based on 1,850,157 shares of common stock outstanding as of December 31, 2006. 3 - -------------------------------------------------------------------------------- CUSIP NO. 702898 10 7 13G/A PAGE 3 OF 8 PAGES - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS: THOMAS P. O'NEILL I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) /_/ (b) /_/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 46,619 NUMBER OF SHARES ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 103,278(1) OWNED BY EACH ------------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER 46,619 PERSON WITH ------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 103,278(1) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 149,897 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES /_/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.1% (2) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- (1) Consists of allocated shares held for the benefit of participants' accounts by the Patapsco Bancorp, Inc. Employee Stock Ownership Plan ("ESOP") Trust, of which the reporting person is a trustee. (2) Based on 1,850,157 shares of common stock outstanding as of December 31, 2006. 4 - -------------------------------------------------------------------------------- CUSIP NO. 702898 10 7 13G/A PAGE 4 OF 8 PAGES - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS: THEODORE PATTERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) /_/ (b) /_/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 28,555 NUMBER OF SHARES ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 103,278(1) OWNED BY EACH ------------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER 28,555 PERSON WITH ------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 103,278(1) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 131,833 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES /_/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.1% (2) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- (1) Consists of allocated shares held for the benefit of participants' accounts by the ESOP Trust, of which the reporting person is a trustee. (2) Based on 1,850,157 shares of common stock outstanding as of December 31, 2006. 5 - -------------------------------------------------------------------------------- CUSIP NO. 702898 10 7 13G/A PAGE 5 OF 8 PAGES - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS: JOSEPH J. BOUFFARD I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) /_/ (b) /_/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 46,720(1) NUMBER OF SHARES ------------------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER 21,053(2) OWNED BY EACH ------------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER 46,720(1) PERSON WITH ------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 21,053(2) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,773 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES /_/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.6%(3) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- (1) Includes 10,704 shares of common stock subject to options at December 31, 2006. (2) Consists of: (i) 20,654 shares of common stock allocated to Mr. Bouffard's account under the ESOP and 399 shares of common stock owned by Mr. Bouffard's spouse. (3) Based on 1,850,157 shares of common stock outstanding at December 31, 2006. Assumes Mr. Bouffard has exercised options to acquire 10,704 shares of common stock. 6 ------------------------------ PAGE 6 OF 8 PAGES ------------------------------ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ITEM 1(a). NAME OF ISSUER. Patapsco Bancorp, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES. 1301 Merritt Boulevard Dundalk, Maryland 21222-2194 ITEM 2(a). NAME OF PERSON(S) FILING. Patapsco Bancorp, Inc. Employee Stock Ownership Plan Trust (the "ESOP Trust"), and the following individuals who serve as its trustees: Thomas P. O'Neill and Theodore Patterson. In 2006, Joseph J. Bouffard resigned as an ESOP trustee. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE. For the ESOP Trust and the two ESOP Trustees: Same as Item 1(b). Mr. Bouffard's address is: 4111 E. Joppa Road, Baltimore, Maryland 21236 ITEM 2(c). CITIZENSHIP. See Row 4 of the second part of the cover page provided for each reporting person. ITEM 2(d). TITLE OF CLASS OF SECURITIES. Common Stock, par value $.01 per share. ITEM 2(e). CUSIP NUMBER. 702898 10 7 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (f) /X/ An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) Items (a), (b), (c), (d), (e), (g), (h), (i), and (j) are not applicable. This Schedule 13G is being filed on behalf of the ESOP identified in Item 2(a), filing under the Item 3(f) classification, and by both trustees of the ESOP Trust and by Mr. Bouffard, filing pursuant to Rule 13d-1(c) and applicable SEC no-action letters. ITEM 4. OWNERSHIP. (a) AMOUNT BENEFICIALLY OWNED: See Row 9 of the second part of the ------------------------- cover page provided for each reporting person. (b) PERCENT OF CLASS: See Row 11 of the second part of the cover page ---------------- provided for each reporting person. 7 ------------------------------ PAGE 7 OF 8 PAGES ------------------------------ (C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: See Rows 5, 6, 7, -------------------------------------------- and 8 of the second part of the cover page provided for each reporting person. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. With respect to the ESOP Trust, Thomas P. O'Neill and Theodore Patterson: 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: /_/. With respect to Mr. Bouffard: 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 persent of the class of securities, check the following: /X/. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. The ESOP Committee has the power to determine whether dividends on allocated shares that are paid to the ESOP trust are distributed to participants or are used to repay the ESOP loan. 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 MEMBERS OF THE GROUP. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATIONS. By signing below, each signatory in the capacity of an ESOP trustee certifies that, to the best of his knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. By signing below, each signatory in his individual capacity certifies that, to the best of his 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. 8 ------------------------------ PAGE 8 OF 8 PAGES ------------------------------ 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. PATAPSCO BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN TRUST By Its Trustees: /s/ Thomas P. O'Neill February 14, 2007 - ----------------------------------------------- ------------------- Thomas P. O'Neill, as Trustee Date /s/ Theodore Patterson February 14, 2007 - ----------------------------------------------- ------------------- Theodore Patterson, as Trustee Date /s/ Thomas P. O'Neill February 14, 2007 - ----------------------------------------------- ------------------- Thomas P. O'Neill, as an Individual Stockholder Date /s/ Theodore Patterson February 14, 2007 - ----------------------------------------------- ------------------- Theodore Patterson, as an Individual Stockholder Date /s/ Joseph J. Bouffard February 14, 2007 - ----------------------------------------------- ------------------- Joseph J. Bouffard, as an Individual Stockholder Date 9 EXHIBIT 99 ---------- AGREEMENT RELATING TO FILING OF JOINT STATEMENT PURSUANT TO RULE 13d-1(k) UNDER THE SECURITIES ACT OF 1934 The undersigned agree that this Amendment No. 10 to the Statement on Schedule 13G to which this Agreement is attached is filed on behalf of each of them. Date: February 14, 2007 PATAPSCO BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN TRUST By Its Trustees: /s/ Thomas P. O'Neill February 14, 2007 - ----------------------------------------------- ------------------- Thomas P. O'Neill, as Trustee Date /s/ Theodore Patterson February 14, 2007 - ----------------------------------------------- ------------------- Theodore Patterson, as Trustee Date /s/ Thomas P. O'Neill February 14, 2007 - ----------------------------------------------- ------------------- Thomas P. O'Neill, as an Individual Stockholder Date /s/ Theodore Patterson February 14, 2007 - ----------------------------------------------- ------------------- Theodore Patterson, as an Individual Stockholder Date /s/ Joseph J. Bouffard February 14, 2007 - ----------------------------------------------- ------------------- Joseph J. Bouffard, as an Individual Stockholder Date -----END PRIVACY-ENHANCED MESSAGE-----