-----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, AEquCS8B1riv/g8or9+9O/N4poZk2O/t4RQotHjz06Qqec3CpAvPTjmrlSaefOYq i2MNA3LKwuwa2jNmL9noyA== 0000930661-01-500330.txt : 20010501 0000930661-01-500330.hdr.sgml : 20010501 ACCESSION NUMBER: 0000930661-01-500330 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010430 GROUP MEMBERS: DIMELING, SCHREIBER AND PARK GROUP MEMBERS: DOUGLAS P. HELLER GROUP MEMBERS: GEORGE K. HICKOX, JR. GROUP MEMBERS: RICHARD R. SCHREIBER GROUP MEMBERS: SCOTT W. SMITH GROUP MEMBERS: STEVEN G. PARK GROUP MEMBERS: WILLIAM R. DIMELING GROUP MEMBERS: WISER INVESTMENT CO LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WISER OIL CO CENTRAL INDEX KEY: 0000107874 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 550522128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-39093 FILM NUMBER: 1615669 BUSINESS ADDRESS: STREET 1: 8115 PRESTON RD STE 400 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 2142650080 MAIL ADDRESS: STREET 1: 8115 PRESTON ROAD STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75225 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WISER INVESTMENT CO LLC CENTRAL INDEX KEY: 0001116987 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 742936582 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1629 LOCUST ST. CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2155466595 SC 13D/A 1 dsc13da.txt AMENDMENT 1 TO SCHEDULE 13/D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D/A (Amendment No. 1) Under the Securities Exchange Act of 1934* THE WISER OIL COMPANY (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) 977284 10 8 (CUSIP Number) Wiser Investment Company, LLC c/o George K. Hickox, Jr. 1629 Locust Street Philadelphia, PA 19103 (215) 546-6595 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: Steven K. Cochran Thompson & Knight L.L.P. 1700 Pacific Avenue, Suite 3300 Dallas, TX 75201 (214) 969-1700 and Anne K. Hill Thompson & Knight L.L.P. 1700 Pacific Avenue, Suite 3300 Dallas, TX 75201 (214) 969-1700 April 2, 2001** (Date of Event which Requires Filing of this Statement) 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 (S)(S) 240.13d-1(e), 240.13d-1(f) or 204.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See (S) 240.13d-7(b) for other parties to whom copies are to be sent. *The remainder of the cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). **This Statement reflects the cumulative increase in shares owned by the Reporting Persons resulting from the following paid in kind dividends issued pursuant to the Certificate of Designations of Wiser's Preferred Stock: (i) dividends payable June 30 and September 30, 2000, declared by Wiser's Board November 13, 2000, shares issued February 19, 2001; (ii) dividends payable December 31, 2000, declared by Wiser's Board and shares issued February 27, 2001; and (iii) dividends payable March 31, 2000, declared by Wiser's Board and shares issued April 2, 2001. CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Wiser Investment Company, LLC 74-2936582 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 1,549,326 Shares Bene- ------------------------------------------------- ficially (8) Shared Voting Power 2,470,588 Owned by ------------------------------------------------- Each (9) Sole Dispositive Power 1,549,326 Reporting ------------------------------------------------- Person With (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,019,914 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 30.7% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- 2 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) George K. Hickox, Jr. - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 0 Shares Bene- --------------------------------------------------- ficially (8) Shared Voting Power 4,045,714 Owned by --------------------------------------------------- Each (9) Sole Dispositive Power 0 Reporting --------------------------------------------------- Person With (10) Shared Dispositive Power 1,575,126 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,045,714 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 30.9% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 3 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Douglas P. Heller - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 0 Shares Bene- -------------------------------------------------- ficially (8) Shared Voting Power 4,027,614 Owned by -------------------------------------------------- Each (9) Sole Dispositive Power 0 Reporting -------------------------------------------------- Person With (10) Shared Dispositive Power 1,557,026 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,027,614 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 30.7% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 4 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Scott W. Smith - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 7,800 Shares Bene- -------------------------------------------------- ficially (8) Shared Voting Power 4,019,914 Owned by -------------------------------------------------- Each (9) Sole Dispositive Power 7,800 Reporting -------------------------------------------------- Person With (10) Shared Dispositive Power 1,549,326 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,027,714 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 30.7% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 5 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Dimeling, Schreiber and Park 23-2460636 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, AF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Pennsylvania - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 135,557 Shares Bene- -------------------------------------------------- ficially (8) Shared Voting Power 2,470,588 Owned by -------------------------------------------------- Each (9) Sole Dispositive Power 2,606,145 Reporting -------------------------------------------------- Person With (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,606,145 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 22.4% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 6 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) William R. Dimeling - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 0 Shares Bene- --------------------------------------------------- ficially (8) Shared Voting Power 2,606,145 Owned by --------------------------------------------------- Each (9) Sole Dispositive Power 0 Reporting --------------------------------------------------- Person With (10) Shared Dispositive Power 2,606,145 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,606,145 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 22.4% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 7 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Richard R. Schreiber - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 0 Shares Bene- --------------------------------------------------- ficially (8) Shared Voting Power 2,606,145 Owned by --------------------------------------------------- Each (9) Sole Dispositive Power 0 Reporting --------------------------------------------------- Person With (10) Shared Dispositive Power 2,606,145 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,606,145 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 22.4% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 8 CUSIP NO. 977284108 SCHEDULE 13D/A (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (entities only) Steven G. Park - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) OO, PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 0 Shares Bene- --------------------------------------------------- ficially (8) Shared Voting Power 2,606,145 Owned by --------------------------------------------------- Each (9) Sole Dispositive Power 0 Reporting --------------------------------------------------- Person With (10) Shared Dispositive Power 2,606,145 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,606,145 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 22.4% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 9 Only the information reported for the following Item in this Amendment No. 1 to Schedule 13D is amended from the initial filing on Schedule 13D dated June 25, 2000 (the "Schedule 13D"). Unless specifically hereby amended, the information in the Schedule 13D remains unchanged. Unless otherwise defined herein, all defined terms used herein have the same meaning as in the Schedule 13D. Item 5. Interest in Securities of the Issuer. Item 5 is amended and restated in its entirety as follows: (a) As of the date of this Statement, WIC may be deemed to have beneficial ownership of 4,019,914 shares of Common Stock, assuming (i) conversion of the Preferred Stock and (ii) complete exercise of the Warrants. Such shares would represent approximately 30.7% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Hickox may be deemed to have beneficial ownership of 4,045,714 shares of Common Stock, assuming (i) conversion of the Preferred Stock and (ii) complete exercise of the Warrants. Such shares would represent approximately 30.9% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Heller may be deemed to have beneficial ownership of 4,027,614 shares of Common Stock, assuming (i) conversion of the Preferred Stock and (ii) complete exercise of the Warrants. Such shares would represent approximately 30.7% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Smith may be deemed to have beneficial ownership of 4,027,714 shares of Common Stock, assuming (i) conversion of the Preferred Stock and (ii) complete exercise of the Warrants. Such shares would represent approximately 30.7% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, DSP may be deemed to have beneficial ownership of 2,606,145 shares of Common Stock, assuming conversion of the Preferred Stock. Such shares would represent approximately 22.4% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Dimeling may be deemed to have beneficial ownership of 2,606,145 shares of Common Stock, assuming conversion of the Preferred Stock. Such shares would represent approximately 22.4% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Schreiber may be deemed to have beneficial ownership of 2,606,145 shares of Common Stock, assuming conversion of the Preferred Stock. Such shares would represent approximately 22.4% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. As of the date of this Statement, Mr. Park may be deemed to have beneficial ownership of 2,606,145 shares of Common Stock, assuming conversion of the Preferred Stock. Such shares would represent approximately 22.4% of the issued and outstanding shares of the Issuer's Common Stock as of March 16, 2001. (b) WIC has the sole power to vote or to direct the vote and has the sole power to dispose or direct the disposition of the 1,503,853 shares of Common Stock underlying the Preferred Stock and Warrants purchased by WIC and the 45,473 shares of Common Stock issued to WIC by the Issuer as paid in kind dividends on the Preferred Stock for the second, third and fourth quarters of 2000 and the first quarter of 2001, subject to the terms of the Stockholder Agreement described in Item 6 of the Schedule 13D. WIC has shared power to vote or to direct the vote of the 2,470,588 shares of Common Stock underlying the Preferred Shares purchased by DSP. Pursuant to the Voting Agreement described in Item 6 of the Schedule 13D, DSP has irrevocably appointed WIC as its attorney- in-fact and proxy to vote the Preferred Stock held by DSP on all matters, other than certain excluded matters, in such a manner as WIC, in its sole discretion, deems proper. DSP has retained the right to vote the 2,470,588 shares in its sole discretion, with respect to the merger, consolidation, reorganization, bankruptcy, liquidation, recapitalization or sale of substantially all of the assets of the Issuer. DSP has the sole power to vote or to direct the vote of the 135,557 shares of Common Stock issued to DSP by the Issuer as paid in kind dividends on the Preferred Stock for the second, third and fourth quarters of 2000 and the first quarter of 2001 (the "DSP Dividends"). DSP has the sole power to dispose or direct the disposition of the 2,470,588 shares 10 of Common Stock underlying the Preferred Stock purchased by DSP and the DSP 2000 Dividends, subject to the Stockholders Agreement. Mr. Hickox, Mr. Heller and Mr. Smith, as managers of WIC, have shared voting power over 4,019,914 shares of Common Stock and have shared dispositive power over 1,549,326 shares of Common Stock. In addition, Mr. Hickox has shared voting and dispositive power over an additional 25,800 shares of Common Stock owned by his wife. Mr. Heller has shared voting and dispositive power over an additional 7,700 shares of Common Stock owned by his children. Mr. Smith has sole voting and dispositive power over an additional 7,800 shares of Common Stock. Mr. Dimeling, Mr. Schreiber and Mr. Park, as partners of DSP, have shared voting and dispositive power over 2,606,145 shares of Common Stock. (c) None of the Reporting Persons have acquired any shares of Common Stock of the Issuer during the past sixty days, other than the purchases reported herein. (d) To the best knowledge of the Reporting Persons, no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of the Issuer. (e) Not applicable. 11 SIGNATURES 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. Date: April 30, 2001 WISER INVESTMENT COMPANY, LLC ---------- By: /S/ GEORGE K. HICKOX, JR. ----------------------------------- George K. Hickox, Jr., Manager Date: April 30, 2001 GEORGE K. HICKOX, JR. ---------- /S/ George K. Hickox, Jr. ------------------------------------------- Date: April 30, 2001 DOUGLAS P. HELLER ---------- /S/ Douglas P. Heller ------------------------------------------- Date: April 30, 2001 SCOTT W. SMITH ---------- /S/ Scott W. Smith ------------------------------------------- Date: April 30, 2001 DIMELING, SCHREIBER AND PARK ---------- By: /S/ RICHARD R. SCHREIBER ------------------------------------ Richard R. Schreiber, Partner Date: April 30, 2001 WILLIAM R. DIMELING ---------- /S/ William R. Dimeling ------------------------------------------- Date: April 30, 2001 RICHARD R. SCHREIBER ---------- /S/ Richard R. Schreiber ------------------------------------------- Date: April 30, 2001 STEVEN G. PARK ---------- /S/ Steven G. Park ------------------------------------------- 12 -----END PRIVACY-ENHANCED MESSAGE-----