-----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, Mdjbd+nPsa6oP9RS4qWYhimcLBzgnIAhtWwDahalxDyt2bSoQ7R+MtdGOiR4DGqy OL5QDnFS6zgQ/z1fYnTxng== 0000950116-05-002848.txt : 20050822 0000950116-05-002848.hdr.sgml : 20050822 20050822105625 ACCESSION NUMBER: 0000950116-05-002848 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050822 DATE AS OF CHANGE: 20050822 GROUP MEMBERS: DELV, L.P. GROUP MEMBERS: ELLEN B. KURTZMAN GROUP MEMBERS: JACK FARBER 2003 IRREVOCABLE TRUST GROUP MEMBERS: TRUST FBO DAVID M. FARBER GROUP MEMBERS: TRUST FBO ELLEN B. KURTZMAN GROUP MEMBERS: VIVIAN FARBER 2003 IRREVOCABLE TRUST 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: 051040049 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 sc13d-a.txt SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 6) CSS INDUSTRIES, INC. -------------------- (Name of Issuer) Common Stock, $.10 par value ------------------------------ (Title of Class of Securities) 125906 10 7 -------------- (CUSIP Number) Alan Singer, Esq. Morgan, Lewis & Bockius LLP 1701 Market Street Philadelphia, PA 19103-2921 (215) 963-5000 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 15, 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 |_| (Page 1 of 12 Pages) CUSIP NO. 125906 10 7 SCHEDULE 13D PAGE 2 OF 12 PAGES ----------- ________________________________________________________________________________ 1 NAMES 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 7 SOLE VOTING POWER 1,935,275 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 224,900 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 1,935,275 Shares PERSON WITH _________________________________________________________________ 10 SHARED DISPOSITIVE POWER 224,900 Shares ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,160,175 Shares ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.7% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! 2 CUSIP NO. 125906 10 7 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 7 SOLE VOTING POWER 750,000 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 0 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 750,000 Shares PERSON WITH _________________________________________________________________ 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! 3 CUSIP NO. 125906 10 7 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 7 SOLE VOTING POWER 0 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 750,000 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 0 Shares PERSON WITH _________________________________________________________________ 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! 4 CUSIP NO. 125906 10 7 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 7 SOLE VOTING POWER 0 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 750,000 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 0 Shares PERSON WITH _________________________________________________________________ 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! 5 CUSIP NO. 125906 10 7 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 7 SOLE VOTING POWER 565,151 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 0 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 565,151 Shares PERSON WITH _________________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 Shares ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 565,151 Shares ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* OO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! 6 CUSIP NO. 125906 10 7 SCHEDULE 13D PAGE 7 OF 12 PAGES ----------- ________________________________________________________________________________ 1 NAMES OF REPORTING PERSONS 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 7 SOLE VOTING POWER 351,042 Shares OF SHARES _________________________________________________________________ BENEFIC- 8 SHARED VOTING POWER 0 Shares IALLY OWNED BY EACH _________________________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER 351,042 Shares PERSON WITH _________________________________________________________________ 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! 7 CUSIP NO. 125906 10 7 SCHEDULE 13D PAGE 8 OF 12 PAGES ----------- This Amendment No. 6 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 2,160,175 shares of Common Stock (20.7 percent of the issued and outstanding Common Stock of CSS, based upon information provided by CSS in its quarterly report on Form 10-Q for the quarter ended June 30, 2005 indicating that 10,458,565 shares of Common Stock were issued and outstanding on July 20, 2005). Of that amount, she has sole voting and investment power with regard to 1,935,275 shares and shared voting and investment power with regard to 224,900 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 over these shares 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 8 CUSIP NO. 125906 10 7 SCHEDULE 13D PAGE 9 OF 12 PAGES ----------- 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. o 565,151 shares (5.4 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. Ellen B. Kurtzman disclaims 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, 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 51,711 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. On August 15, 2005, the Jack Farber Trust contributed 100,000 shares of Common Stock to Jack Farber. 9 CUSIP NO. 125906 10 7 SCHEDULE 13D PAGE 10 OF 12 PAGES ----------- In addition, subsequent to the filing date of Amendment No. 5 to the Schedule 13D, the Farber Family Foundation sold an aggregate of 46,000 shares of Common Stock as follows: NUMBER PRICE DATE OF SALE OF SHARES PER SHARE ($) ------------- --------- ------------- June 27, 2005 2,000 33.00 June 27, 2005 1,000 33.03 June 27, 2005 2,000 33.05 July 5, 2005 5,000 33.20 July 11, 2005 4,100 34.70 July 11, 2005 900 34.73 July 18, 2005 3,500 35.70 July 19, 2005 1,500 36.00 July 25, 2005 100 36.80 July 26, 2005 2,500 35.75 July 26, 2005 100 35.76 July 26, 2005 100 35.63 July 26, 2005 1,200 35.60 July 26, 2005 1,000 35.80 August 1, 2005 2,800 37.37 August 1, 2005 900 37.38 August 1, 2005 1,000 37.40 August 1, 2005 200 37.50 August 2, 2005 1,000 37.14 August 2, 2005 500 37.15 August 2, 2005 500 37.22 August 2, 2005 100 37.30 August 8, 2005 100 36.35 August 9, 2005 6,900 36.29 August 15, 2005 2000 35.41 August 15, 2005 2000 35.50 August 16, 2005 500 35.92 August 16, 2005 1,500 35.93 August 16, 2005 500 35.95 August 16, 2005 500 35.97 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. 10 CUSIP NO. 125906 10 7 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: August 19, 2005 11 CUSIP NO. 125906 10 7 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, 1845 Walnut Street CSS Industries, Inc. (the issuer - a Philadelphia, PA 19103 manufacturer and seller of 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 6050 Old York Road automobile dealer), 6050 Old York Philadelphia, PA 19141 Road, 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. 12 -----END PRIVACY-ENHANCED MESSAGE-----