0000950116-05-001270.txt : 20120618
0000950116-05-001270.hdr.sgml : 20120618
20050404153221
ACCESSION NUMBER: 0000950116-05-001270
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050404
DATE AS OF CHANGE: 20050404
GROUP MEMBERS: DELV, L.P.
GROUP MEMBERS: THE JACK FARBER 03 IRREVOCABLE TRUST DATED 12/15/03
GROUP MEMBERS: THE VIVIAN FARBER 03 IRREVOCABLE TRUST DATED 12/15/03
GROUP MEMBERS: TRUST FBO DAVID M. FARBER 02 FARBER CHILD TRUST 12/12/02
GROUP MEMBERS: TRUST FBO ELLEN B. KURTZMAN 02 FARBER CHILD TRUST 12/12/02
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CSS INDUSTRIES INC
CENTRAL INDEX KEY: 0000020629
STANDARD INDUSTRIAL CLASSIFICATION: GREETING CARDS [2771]
IRS NUMBER: 131920657
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-18240
FILM NUMBER: 05729636
BUSINESS ADDRESS:
STREET 1: 1845 WALNUT ST
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: 2155699900
FORMER COMPANY:
FORMER CONFORMED NAME: CITY STORES CO
DATE OF NAME CHANGE: 19851212
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: KURTZMAN ELLEN B
CENTRAL INDEX KEY: 0001253209
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: C/O CSS INDUSTRIES INC
STREET 2: 1845 WALNUT STREET SUITE 800
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: 215 569 9900
SC 13D/A
1
sc13da.txt
SC 13D/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
CSS INDUSTRIES, INC.
-------------------------------------
(Name of Issuer)
Common Stock, $.10 par value
-------------------------------------
(Title of Class of Securities)
178666 10 3
-------------------------------------
(CUSIP Number)
Alan Singer, Esq.
Morgan, Lewis & Bockius LLP
1701 Market Street
Philadelphia, PA 19103-2921
(215) 963-5224
-------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 23, 2005
-------------------------------------
(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 that is the subject of this Schedule 13D, and is
filing this Schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box |_|
Note: Schedules filed in paper format shall include a signed original and two
copies of the Schedule including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Page 1 of 12 Pages)
CUSIP No. 178666 10 3 SCHEDULE 13D Page 2 of 12 Pages
_______________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ellen B. Kurtzman
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 2,135,275 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 330,900 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 2,135,275 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 330,900 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,466,175 Shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.8%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 3 of 12 Pages
_______________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Delv, L.P.
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 750,000 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 0 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 750,000 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 0 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
750,000 Shares
______________________________________________________________________________
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*
PN
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 4 of 12 Pages
_______________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Trust FBO Ellen B. Kurtzman under the 2002 Farber Children's
Trusts dated December 12, 2002
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 0 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 750,000 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 0 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 750,000 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
750,000 Shares
______________________________________________________________________________
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*
OO
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 5 of 12 Pages
_______________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Trust FBO David M. Farber under the 2002 Farber Children's
Trusts dated December 12, 2002
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 0 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 750,000 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 0 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 750,000 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
750,000 Shares
______________________________________________________________________________
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*
OO
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 6 of 12 Pages
_______________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Jack Farber 2003 Irrevocable Trust dated December 15, 2003
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 765,151 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 0 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 765,151 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 0 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
765,151 Shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON*
OO
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 7 of 12 Pages
_______________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Vivian Farber 2003 Irrevocable Trust dated December 15, 2003
______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
______________________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________________
4 SOURCE OF FUNDS
OO
______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_______________________________________________________________________________
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 351,042 Shares
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 0 Shares
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 351,042 Shares
|_____|________________________________________________________
| |
| 10 | SHARED DISPOSITIVE POWER
| | 0 Shares
_______________|_____|_________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
351,042 Shares
______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.4%
______________________________________________________________________________
14 TYPE OF REPORTING PERSON*
OO
_____________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 178666 10 3 SCHEDULE 13D Page 8 of 12 Pages
This Amendment No. 4 amends the Schedule 13D, as previously amended,
filed by Ellen B. Kurtzman, Delv, L.P. (the "Partnership"), Trust FBO Ellen B.
Kurtzman under The 2002 Farber Children's Trusts dated December 12, 2002 (the
"EBK Trust"), Trust FBO David M. Farber under The 2002 Farber Children's Trusts
dated December 12, 2002 (the "DMF Trust," and together with the EBK Trust, the
"Children's Trusts"), The Jack Farber 2003 Irrevocable Trust dated December 15,
2003 (the "Jack Farber Trust") and The Vivian Farber 2003 Irrevocable Trust
dated December 15, 2003 (the "Vivian Farber Trust") with respect to the common
stock, par value $.10 per share ("Common Stock") of CSS Industries, Inc., a
Delaware corporation ("CSS").
Item 5. INTEREST IN SECURITIES OF THE ISSUER
Ellen B. Kurtzman may be deemed to beneficially own 2,466,175 shares of
Common Stock (23.8 percent of the issued and outstanding Common Stock of CSS,
based upon information provided by the CSS indicating that 10,384,534 shares of
Common Stock were issued and outstanding on March 16, 2005). Of that amount, she
has sole voting and investment power with regard to 2,135,275 shares and shared
voting and investment power with regard to 330,900 shares. The shares as to
which Ellen B. Kurtzman has sole voting and investment power are as follows:
o 83,667 shares of Common Stock owned directly.
o 136,776 shares of Common Stock held by the Farber Family
Charitable Lead Annuity Trust (the "Farber Charitable Trust"), of
which Ellen B. Kurtzman is the sole trustee.
o 750,000 shares of Common Stock (7.2 percent of the issued and
outstanding Common Stock of CSS) owned by the Partnership. Ellen
B. Kurtzman exercises voting and investment power through Delv,
Inc. (the "General Partner"), a Delaware corporation and general
partner of the Partnership, which has the sole voting and
investment power with regard to the shares of Common Stock owned
by the Partnership. One-half of the outstanding common stock of
the General Partner is held by each of the Children's Trusts, for
which Ellen B. Kurtzman serves as sole trustee. As a result, the
Children's Trusts may be deemed to have shared voting and
investment power with regard to the 750,000 shares held by the
Partnership. Ellen B. Kurtzman also is the sole director of the
General Partner and serves as the President, Secretary and
Treasurer of the General Partner. In that capacity, Ellen B.
Kurtzman has the power to act on behalf of the General Partner to
vote and dispose of shares held by the Partnership. The General
Partner holds a 0.1 percent interest in the Partnership, and the
remaining 99.9 percent interest in the Partnership is owned by
the 2003 Farber Family Trust (the "2003 Trust"), of which Ellen
B. Kurtzman is the sole trustee. Because the limited partners of
the Partnership, in their capacity as limited partners, do not
have power to vote or dispose of the shares of Common Stock held
by the Partnership, the 2003 Trust is not deemed to have voting
or investment power with respect to the Common Stock held by the
Partnership. The 2003 Trust does not otherwise have voting or
investment power with respect to any shares of Common Stock.
CUSIP No. 178666 10 3 SCHEDULE 13D Page 9 of 12 Pages
o 765,151 shares (7.4 percent of the issued and outstanding stock
of CSS) held by the Jack Farber Trust, of which Ellen B. Kurtzman
is the sole trustee and Jack Farber is the sole beneficiary.
o 351,042 shares held by the Vivian Farber Trust, of which Ellen B.
Kurtzman is the sole trustee and Vivian Farber is the sole
beneficiary.
Ellen B. Kurtzman may also be deemed to have sole voting and investment
power with respect to 48,639 shares held by the Farber Family Foundation, Inc.,
a charitable foundation (the "Farber Family Foundation"). As a matter of policy,
the Farber Family Foundation does not vote the shares of Common Stock that it
owns. Although she is including shares held by the Farber Family Foundation in
her beneficial ownership for purposes of this Amendment No. 4, Ellen B. Kurtzman
continues to disclaim any beneficial ownership in the shares held by the Farber
Family Foundation.
In addition, Ellen B. Kurtzman shares voting and investment power with
respect to the following shares of common stock:
o 83,475 shares of Common Stock owned by trusts for the benefit of
two of her children, for which she serves as co-trustee with her
mother.
o 89,714 shares of Common Stock owned by two trusts (the "Two
Trusts"), one for the benefit of her son and one for the benefit
of her nephew, for which she serves as co-trustee with her
brother.
Ellen B. Kurtzman may also be deemed to share voting and investment
power with regard to 157,711 shares owned by the Farber Family Foundation. Ellen
B. Kurtzman, Jack Farber, her father, Vivian Farber, her mother and David M
Farber, her brother are members, officers and directors of the Farber Family
Foundation. As noted above, as a matter of policy, the Farber Family Foundation
does not vote the shares of Common Stock that it owns. Ellen B. Kurtzman
disclaims any beneficial ownership in the shares held by the Farber Family
Foundation. Additional information relating to Jack Farber, Vivian Farber and
David M. Farber is set forth in Appendix A to this schedule.
CUSIP No. 178666 10 3 SCHEDULE 13D Page 10 of 12 Pages
On February 23, 2005, the Jack Farber Trust contributed 100,000 shares
of Common Stock to Jack Farber.
In connection with an issuer tender offer by CSS, which was completed
on March 16, 2005, Ellen B. Kurtzman sold 77,920 shares of Common Stock; the
Farber Family Foundation sold 82,874 shares of Common Stock (including 39,585
shares over which Ellen B. Kurtzman had sole voting and investment power); and
the Two Trusts each sold 43,289 shares of Common Stock.
In addition, subsequent to the filing date of Amendment No. 3 to the
Schedule 13D, the Farber Family Foundation sold an aggregate of 44,500 shares of
Common Stock as follows:
NUMBER PRICE
DATE OF SALE OF SHARES PER SHARE ($)
------------ --------- -------------
January 18, 2005 7,700 32.00
January 19, 2005 11,500 32.00
January 19, 2005 1,000 32.02
January 25, 2005 4,300 32.00
January 25, 2005 5,000 32.00
March 15, 2005 5,000 33.55
March 21, 2005 4,800 33.60
March 21, 2005 200 33.61
March 28, 2005 1,000 34.80
March 28, 2005 2,000 34.60
March 28, 2005 600 34.70
March 28, 2005 400 34.72
March 29, 2005 1,000 34.63
The sales by the Farber Family Foundation listed in the table above
were effected in the public trading markets pursuant to a plan intended to
comply with Rule 10b5-1(c) under the Securities Exchange Act.
CUSIP No. 178666 10 3 SCHEDULE 13D Page 11 of 12 Pages
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.
/s/ Ellen B. Kurtzman
------------------------------------------
Ellen B. Kurtzman
DELV, L.P.
By: DELV, INC., its General Partner
By: /s/ Ellen B. Kurtzman
-----------------------------
Ellen B. Kurtzman, President
TRUST FBO ELLEN B. KURTZMAN
UNDER THE 2002 FARBER CHILDREN'S TRUSTS
DATED DECEMBER 12, 2002
By: /s/ Ellen B. Kurtzman
------------------------------------
Ellen B. Kurtzman, Trustee
TRUST FBO DAVID M. FARBER
UNDER THE 2002 FARBER CHILDREN'S TRUSTS
DATED DECEMBER 12, 2002
By: /s/ Ellen B. Kurtzman
------------------------------------
Ellen B. Kurtzman, Trustee
THE JACK FARBER 2003 IRREVOCABLE TRUST
DATED DECEMBER 15, 2003
By: /s/ Ellen B. Kurtzman
------------------------------------
Ellen B. Kurtzman, Trustee
THE VIVIAN FARBER 2003 IRREVOCABLE TRUST
DATED DECEMBER 15, 2003
By: /s/ Ellen B. Kurtzman
------------------------------------
Ellen B. Kurtzman, Trustee
Date: April 4, 2005
CUSIP No. 178666 10 3 SCHEDULE 13D Page 12 of 12 Pages
APPENDIX A
Present principal occupation or employment
and name, principal business and address of
any corporation or other organization in
Name Address which such employment is conducted
------------------ ------------------------- ---------------------------------------------------
Jack Farber CSS Industries, Inc. Chairman of the Board of Directors, CSS Industries,
1845 Walnut Street Inc. (the issuer - a manufacturer and seller of
Philadelphia, PA 19103 seasonal and social expression products),
1845 Walnut Street, Philadelphia, PA 19103
Vivian Farber 3056 Miro Drive North Private investor
Palm Beach Gardens,
FL 33410
David M. Farber Marshall Auto Sales President, Marshall Auto Sales (an automobile dealer),
6050 Old York Road 6050 Old York Road, Philadelphia, PA 19141
Philadelphia, PA 19141
During the last five years, none of the persons listed above have been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors).
During the last five years, none of the persons listed above was a 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 mandatory
activities subject to, Federal or state securities laws or finding any violation
with respect to such laws.
All of the persons listed above are United States citizens.