-----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, FLVcPKw5BL8BiMCsCGcPGJgMfcTaK9ZXxBSKdxRbdKCE+imllcoJs96W3V3tA/Ue DJOA7BrdpVVTVNzMTy087A== 0000899140-00-000005.txt : 20000107 0000899140-00-000005.hdr.sgml : 20000107 ACCESSION NUMBER: 0000899140-00-000005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000106 GROUP MEMBERS: C4S & CO., LLC GROUP MEMBERS: D.B. JENNINGS, INC. GROUP MEMBERS: DONALD B. JENNINGS GROUP MEMBERS: JENNINGS & GILLEN GROUP MEMBERS: KINGSTON FUND, LP GROUP MEMBERS: RAMIUS CAPITAL GROUP, LLC GROUP MEMBERS: RCG KINGSTON FUND LTD GROUP MEMBERS: RCG KINGSTON FUND, LTD. GROUP MEMBERS: RCG KINGSTON, L.L.C. GROUP MEMBERS: THE PARTNERSHIP FOR BANK CAPITAL, L.P. GROUP MEMBERS: THOMAS F. GILLEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LIFE FINANCIAL CORP CENTRAL INDEX KEY: 0001028918 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 330743196 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51195 FILM NUMBER: 502350 BUSINESS ADDRESS: STREET 1: 10540 N MAGNOLIA ACE STREET 2: UNIT B CITY: RIVERSIDE STATE: CA ZIP: 92503 BUSINESS PHONE: 9096374000 MAIL ADDRESS: STREET 1: 1598 EAST HIGHLAND AVENUE CITY: SAN BERNADINO STATE: CA ZIP: 92404 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RCG KINGSTON FUND LTD CENTRAL INDEX KEY: 0001092701 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 757 THIRD AVENUE 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128457990 MAIL ADDRESS: STREET 1: 757 THIRD AVENUE 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D (Amendment No. 1) Under the Securities Exchange Act of 1934 Life Financial Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 53184P101 - -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) Thomas F. Gillen c/o RCG Kingston, L.L.C. 757 Third Avenue, 27th Floor New York, New York 10017 (212) 845-7990 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 28, 1999 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Schedule) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following: SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 1 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RCG Kingston Fund, Ltd. - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 2 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RCG Kingston, L.L.C. - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA, OO - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 3 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kingston Fund, LP - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 4 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ramius Capital Group, LLC - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 5 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON C4S & Co., LLC - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 6 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jennings & Gillen - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 7 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D.B. Jennings, Inc. - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 473,400 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 473,400 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 473,400 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.2% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 8 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Donald B. Jennings - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 473,400 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 473,400 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 473,400 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.2% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 53184P101 Page 9 of 17 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Thomas F. Gillen - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 381,100 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 381,100 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 381,100 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------- CUSIP No. 53184P101 Page 10 of 17 Pages - ------------------- ------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Partnership For Bank Capital, L.P. - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER -0- --------- ----------------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 92,300 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER -0- --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 92,300 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 92,300 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. This statement amends and supplements the information set forth in the Schedule 13D filed by RCG Kingston Fund, Ltd. and The Partnership For Bank Capital, L.P. with the Securities and Exchange Commission on August 6, 1999 and constitutes Amendment No. 1 to that Schedule 13D. Capitalized terms used herein without definition shall have the meaning assigned to such terms in the Schedule 13D. Item 2. Identity and Background. Item 2 is revised and amended in its entirety as set forth below: This statement is being filed on behalf of (i) RCG Kingston Fund, Ltd., (ii) RCG Kingston, L.L.C., (iii) Kingston Fund, LP, (iv) Ramius Capital Group, LLC, (v) C4S & Co., LLC, (vi) Jennings & Gillen, (vii) D.B. Jennings, Inc., (viii) Donald B. Jennings, (ix) Thomas F. Gillen and (x) The Partnership For Bank Capital, L.P. The above entities and individuals are sometimes collectively referred to herein as the "Reporting Persons". RCG Kingston Fund, Ltd., RCG Kingston, L.L.C., Kingston Fund, LP, Ramius Capital Group, LLC, C4S & Co., LLC, Jennings & Gillen, D.B. Jennings, Inc., Donald B. Jennings and Thomas F. Gillen are sometimes collectively referred to herein as the "RCG Kingston Reporting Persons". RCG Kingston Fund, Ltd., a Cayman Islands company, is engaged in the business of investment and has its principal business address at c/o Citco Fund Services (Cayman Islands) Ltd., Corporate Centre, West Bay Road, Grand Cayman, Cayman Islands, British West Indies. Information concerning the identity and background of the directors of RCG Kingston Fund, Ltd. is set forth in Annex A hereto and incorporated by reference in response to this Item 2. Pursuant to regulations promulgated under Section 13(d) of the Securities and Exchange Act of 1934 (the "Exchange Act"), the RCG Kingston Reporting Persons other than RCG Kingston Fund, Ltd. may be deemed to be beneficial owners of securities, including the shares of Common Stock, held for the account of RCG Kingston Fund, Ltd., as a result of the relationships between such RCG Kingston Reporting Persons and RCG Kingston Fund, Ltd., as set forth below. The principal business address of all RCG Kingston Reporting Persons other than RCG Kingston Fund, Ltd. is c/o RCG Kingston, L.L.C., 757 Third Avenue, 27th Floor, New York, New York 10017. RCG Kingston, L.L.C., a Delaware limited liability company, is the investment advisor to RCG Kingston Fund, Ltd. and the general partner of Kingston Fund, LP. Kingston Fund, LP, a Delaware limited partnership, is an investment fund that owns a majority of the outstanding shares of RCG Kingston Fund, Ltd. Ramius Capital Group, LLC, a Delaware limited liability company, and Jennings & Gillen, a Delaware general partnership, are the co-managing members of RCG Kingston, L.L.C. 12 of 17 Pages C4S & Co., LLC, a Delaware limited liability company, is the managing member of Ramius Capital Group, LLC. Information concerning the identity and background of the managing members of C4S & Co., LLC is set forth in Annex A hereto and incorporated by reference in response to this Item 2. D.B. Jennings, Inc., a Delaware corporation, and Thomas F. Gillen, a citizen of the United States, are co-general partners of Jennings & Gillen. Donald B. Jennings, a citizen of the United States, is the president of D.B. Jennings, Inc. The Partnership For Bank Capital, L.P., a Delaware limited partnership, is engaged in the business of investment and has its principal business address at 757 Third Avenue, 27th Floor, New York, New York 10017. D.B. Jennings, Inc. and Donald B. Jennings are the general partners of The Partnership For Bank Capital, L.P. None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). The Reporting Persons have not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Sources and Amounts of Funds or Other Consideration. Item 3 is revised and amended by inserting the following at the end thereof: The Reporting Persons expended an aggregate of approximately $2,360,075 (including brokerage commissions) to purchase the 473,400 shares of Common Stock held by them. Item 5. Interest in Securities of the Issuer. Item 5 is revised and amended in its entirety as set forth below: RCG Kingston Fund, Ltd. is the beneficial owner of 381,100 shares of the Issuer's Common Stock (representing 5.8% of the issued and outstanding Common Stock). RCG Kingston Fund, Ltd. has shared voting and dispositive power over such 381,100 shares. RCG Kingston, L.L.C. may be deemed to be the beneficial owner of such 381,100 shares as a result of its acting as investment advisor to RCG Kingston Fund, Ltd. Kingston Fund, LP may be deemed to be the beneficial owner of such 381,100 shares as a result of its being a holder of a majority of the outstanding shares of RCG Kingston Fund, Ltd. Ramius Capital Group, LLC and Jennings & Gillen may be deemed to be the beneficial owner of such 381,100 shares as a result of their being co-managing members of RCG Kingston, L.L.C. C4S & Co., LLC may be deemed to be the beneficial owner of such 381,100 shares as a result of its being the managing member of Ramius Capital Group, LLC. Thomas F. Gillen may be deemed to be 13 of 17 Pages the beneficial owner of such 381,100 shares as a result of his being a co-general partner of Jennings & Gillen. The Partnership For Bank Capital, L.P. is the beneficial owner of 92,300 shares of the Issuer's Common Stock (representing 1.4% of the issued and outstanding Common Stock). The Partnership For Bank Capital, L.P. has shared voting and dispositive power over such 92,300 shares. D.B. Jennings, Inc. may be deemed to be the beneficial owner of 473,400 shares (representing 7.2% of the issued and outstanding Common Stock) as a result of its being a co-general partner of Jennings & Gillen and a co-general partner of The Partnership For Bank Capital, L.P. Donald B. Jennings may be deemed to be the beneficial owner of such 473,400 shares as a result of his being the president of D.B. Jennings, Inc. and a co-general partner of The Partnership For Bank Capital, L.P. Each RCG Kingston Reporting Person, except for D.B. Jennings, Inc. and Donald B. Jennings, expressly disclaims beneficial ownership of any shares of Common Stock beneficially owned by The Partnership For Bank Capital, L.P. The percentages used herein are calculated based upon the 6,613,436 shares of Common Stock stated to be issued and outstanding at November 10, 1999, as reflected in the Issuer's report on Form 10-Q for the quarter ended September 30, 1999. To the best knowledge of the Reporting Persons, none of the persons named in Annex A has beneficial ownership of shares of Common Stock. The trading dates, number of shares purchased and price per share (including commissions, if any) for all transactions by the Reporting Persons during the last 60 days are set forth in Annex B hereto. All such transactions were over-the-counter purchases. No person other than each respective record owner referred to herein of shares of Common Stock is known to have the right to receive or the power to direct the receipt of dividends from or the proceeds of sale of shares of Common Stock, except that the shareholders of RCG Kingston Fund, Ltd. have the right to participate in the receipt of dividends from or proceeds for the sale of, the shares of Common Stock held for their respective accounts. Item 7. Material to be Filed as Exhibits. A. Joint Filing Agreement, dated as of January __, 2000, among RCG Kingston Fund, Ltd., RCG Kingston, L.L.C., Kingston Fund, LP, Ramius Capital Group, LLC, C4S & Co., LLC, Jennings & Gillen, D.B. Jennings, Inc., Donald B. Jennings, Thomas F. Gillen and The Partnership For Bank Capital, L.P. 14 of 17 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: January 6, 2000 RCG KINGSTON FUND, LTD. By: RCG Kingston, L.L.C., its investment advisor By: Jennings & Gillen, its co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner RCG KINGSTON, L.L.C. By: Jennings & Gillen, its co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner KINGSTON FUND, LP By: RCG Kingston, L.L.C., its general partner By: Jennings & Gillen, it co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner 15 of 17 Pages RAMIUS CAPITAL GROUP, LLC By: C4S & Co., LLC By: /s/ Peter A. Cohen ------------------------------ Name: Peter A. Cohen Title: Co-Managing Member C4S & CO., LLC By: /s/ Peter A. Cohen ------------------------------ Name: Peter A. Cohen Title: Co-Managing Member JENNINGS & GILLEN By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: Co-General Partner D.B. JENNINGS, INC. By: /s/ Donald B. Jennings ------------------------------ Name: Donald B. Jennings Title: President /s/ Donald B. Jennings ------------------------------ Donald B. Jennings /s/ Thomas F. Gillen ------------------------------ Thomas F. Gillen 16 of 17 Pages THE PARTNERSHIP FOR BANK CAPITAL, L.P. By: D.B. Jennings, Inc., a general partner By: /s/ Donald B. Jennings ------------------------------ Name: Donald B. Jennings Title: President 17 of 17 Pages INDEX OF EXHIBITS Exhibit Description - ------- ----------- A Joint Filing Agreement, dated as of January 6, 2000, among RCG Kingston Fund, Ltd., RCG Kingston, L.L.C., Kingston Fund, LP, Ramius Capital Group, LLC, C4S & Co., LLC, Jennings & Gillen, D.B. Jennings, Inc., Donald B. Jennings, Thomas F. Gillen and The Partnership For Bank Capital, L.P. ANNEX A The following is a list of persons who serve as managing members of C4S & Co., LLC.: Peter A. Cohen Morgan B. Stark Thomas W. Strauss All of the above-listed individuals are United States citizens whose principal occupation is acting as managing members of C4S & Co., LLC. The following is a list of persons who serve as directors of RCG Kingston Fund, Ltd.: CFS Company, Ltd. CTC Corporation, Ltd. CDS Corporation, Ltd. Thomas F. Gillen CFS Company, Ltd., CTC Corporation, Ltd. and CDS Corporation, Ltd. are all Cayman Islands companies and are affiliates of Citco Fund Services, Ltd., RCG Kingston Fund, Ltd.'s administrator in the Cayman Islands. Thomas F. Gillen is a United States citizen whose principal occupation is acting as general partner of Jennings & Gillen. None of the above-listed persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). The above-listed persons have not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ANNEX B
Date Shares Purchased Price Per Share ---- ---------------- --------------- RCG Kingston Fund, Ltd. December 28, 1999 12,400 $3.08 The Partnership For Bank Capital, L.P. December 28, 1999 2,000 $3.06 RCG Kingston Fund, Ltd. December 31, 1999 42,800 $3.82 The Partnership For Bank Capital, L.P. January 4, 2000 7,000 $3.78
EX-99.A 2 JOINT FILING AGREEMENT EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13D with respect to the shares of Common Stock of Life Financial Corporation dated August 6, 1999 is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(f) under the Securities and Exchange Act of 1934. Dated: January 6, 2000 RCG KINGSTON FUND, LTD. By: RCG Kingston, L.L.C., its investment advisor By: Jennings & Gillen, its co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner RCG KINGSTON, L.L.C. By: Jennings & Gillen, its co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner KINGSTON FUND, LP By: RCG Kingston, L.L.C., its general partner By: Jennings & Gillen, it co-managing member By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: General Partner RAMIUS CAPITAL GROUP, LLC By: C4S & Co., LLC By: /s/ Peter A. Cohen ------------------------------ Name: Peter A. Cohen Title: Co-Managing Member C4S & CO., LLC By: /s/ Peter A. Cohen ------------------------------ Name: Peter A. Cohen Title: Co-Managing Member JENNINGS & GILLEN By: /s/ Thomas F. Gillen ------------------------------ Name: Thomas F. Gillen Title: Co-General Partner D.B. JENNINGS, INC. By: /s/ Donald B. Jennings ------------------------------ Name: Donald B. Jennings Title: President /s/ Donald B. Jennings ------------------------------ Donald B. Jennings /s/ Thomas F. Gillen ------------------------------ Thomas F. Gillen THE PARTNERSHIP FOR BANK CAPITAL, L.P. By: D.B. Jennings, Inc., a general partner By: /s/ Donald B. Jennings ------------------------------ Name: Donald B. Jennings Title: President -----END PRIVACY-ENHANCED MESSAGE-----