-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, ESyEL7Pt80py5k23BL0wAI832aUg362Swab9yPJivovLN/7e20rl+bM5EerdDDZ5 qWkEFlngYubhSOdLodaH4Q== 0000950130-95-000337.txt : 19950301 0000950130-95-000337.hdr.sgml : 19950301 ACCESSION NUMBER: 0000950130-95-000337 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950224 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SYMBOL TECHNOLOGIES INC CENTRAL INDEX KEY: 0000278352 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 112308681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-30588 FILM NUMBER: 95515067 BUSINESS ADDRESS: STREET 1: 116 WILBUR PL CITY: BOHEMIA STATE: NY ZIP: 11716 BUSINESS PHONE: 5165632400 MAIL ADDRESS: STREET 1: 116 WILBUR PL CITY: BOHEIMIA STATE: NY ZIP: 11716 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RELIANCE FINANCIAL SERVICES CORP CENTRAL INDEX KEY: 0000083047 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 510113548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: PARK AVE PLZ STREET 2: 55 E 52ND ST 29TH FL CITY: NEW YORK STATE: NY ZIP: 10055 BUSINESS PHONE: 2129091100 MAIL ADDRESS: STREET 1: PARK AVENUE PLAZA STREET 2: 55 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10055 FORMER COMPANY: FORMER CONFORMED NAME: LEASCO FINANCIAL SERVICES CORP DATE OF NAME CHANGE: 19740414 SC 13D 1 SCHEDULE 13D OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: August 31, 1991 Estimated average burden hours per response....14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No 18)* SYMBOL TECHNOLOGIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 87150810 ---------------------------------------- (CUSIP Number) Howard E. Steinberg, Senior Vice President and General Counsel Reliance Financial Services Corporation Park Avenue Plaza, New York, New York 10055 (212) 909-1100 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) See Item 5 ---------------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter 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). SCHEDULE 13D CUSIP No. 87150810 Page 2 of 7 Pages 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Reliance Financial Services Corporation IRS Employer's Identification Number: 51-0113548 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] 3 SEC USE ONLY 4 SOURCE OF FUNDS* N/A 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [X] 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 7 SOLE VOTING POWER NUMBER OF 3,568,634 SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 3,568,634 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,568,634 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.2% 14 TYPE OF REPORTING PERSON* HC *SEE INSTRUCTIONS BEFORE FILLING OUT! The following information restates or supplements, as indicated, the information in the Schedule 13D and amendments thereto previously filed by Reliance Financial Services Corporation ("Reliance Financial") relating to its ownership of the class of securities listed on the cover of this Amendment (the "Security"). ITEM 1. Security and Issuer. Item 1 is restated in its entirety to read as follows: This statement relates to the Common Stock, $.01 par value per share (the "Security") of Symbol Technologies, Inc. (the "Issuer"), whose principal executive offices are located at 116 Wilbur Place, Bohemia, NY 11716. ITEM 2. Identity and Background. Item 2 is restated in its entirety to read as follows: This statement is filed by Reliance Financial, a Delaware corporation. Reliance Financial owns all of the common stock of Reliance Insurance Company ("RIC"), a Pennsylvania corporation. RIC and its property and casualty insurance subsidiaries and its title insurance subsidiaries underwrite a broad range of standard commercial and specialty commercial lines of property and casualty insurance, as well as title insurance. All of the common stock of Reliance Financial is owned by Reliance Group Holdings, Inc., a Delaware corporation ("RGH"). Approximately 47.1% of the common voting stock of RGH is owned by Saul P. Steinberg, members of his family and an affiliated trust. As a result of his stock holdings in RGH, Saul P. Steinberg may be deemed to control RGH. The principal executive offices of each of Reliance Financial and RGH are located at Park Avenue Plaza, New York, New York 10055. The names, addresses and principal occupations of the directors and executive officers of Reliance Financial, all of whom are United States citizens, are as follows: 3 Position with Reliance Financial and Name and Business Address Principal Occupation - ------------------------- -------------------------------- Saul P. Steinberg Chairman of the Board, Chief Reliance Group Holdings, Inc. Executive Officer and Director, Park Avenue Plaza Reliance Financial and RGH New York, NY 10055 Robert M. Steinberg President, Chief Operating Reliance Group Holdings, Inc. Officer and Director, Reliance Park Avenue Plaza Financial and RGH; Chairman of New York, NY 10055 the Board and Chief Executive Officer, RIC George E. Bello Executive Vice President, Reliance Group Holdings, Inc. Controller and Director, Park Avenue Plaza Reliance Financial and RGH New York, NY 10055 Lowell C. Freiberg Senior Vice President, Chief Reliance Group Holdings, Inc. Financial Officer and Director, Park Avenue Plaza Reliance Financial and RGH New York, NY 10055 Henry A. Lambert Senior Vice President--Real Reliance Group Holdings, Inc. Estate Investments and Park Avenue Plaza Operations, Reliance Financial New York, NY 10055 and RGH; President and Chief Executive Officer, Reliance Development Group, Inc. Dennis J. O'Leary Senior Vice President--Taxes, Reliance Group Holdings, Inc. Reliance Financial and RGH Park Avenue Plaza New York, NY 10055 Fred M. Schriever Senior Vice President, Reliance RCG International, Inc. Financial and RGH; Chairman of 111 West 40th Street the Board and President, RCG New York, NY 10018 International, Inc. Philip S. Sherman Senior Vice President--Group Reliance Group Holdings, Inc. Controller, Reliance Financial Park Avenue Plaza and RGH New York, NY 10055 Bruce L. Sokoloff Senior Vice President-- Reliance Group Holdings, Inc. Administration, Reliance Park Avenue Plaza Financial and RGH New York, NY 10055 4 Position with Reliance Financial and Name and Business Address Principal Occupation - ------------------------- -------------------------------- Howard E. Steinberg, Esq. Senior Vice President, General Reliance Group Holdings, Inc. Counsel and Corporate Secretary, Park Avenue Plaza Reliance Financial and RGH New York, NY 10055 James E. Yacobucci Senior Vice President-- Reliance Insurance Company Investments and Director, Park Avenue Plaza Reliance Financial, RGH and RIC New York, NY 10055 George R. Baker Director, Reliance Financial and WMS Industries RGH; Corporate Director/Advisor 3401 North California Avenue various business enterprises Chicago, Illinois 60618 Carter Burden Director, Reliance Financial and William A. M. Burden & Co. RGH; General Partner, William A. 10 East 53rd Street M. Burden & Co.; Chairman of the New York, NY 10022 Board, CRB Broadcasting Corp. Dennis A. Busti Director, Reliance Financial and Reliance National RGH; President and Chief Risk Specialists, Inc. Executive Officer, Reliance 77 Water Street National Risk Specialists, Inc. New York, NY 10005 Dean W. Case Director, Reliance Financial and Reliance Insurance Company RGH 4 Penn Center Plaza Philadelphia, PA l9l03 Dr. Thomas P. Gerrity Director, Reliance Financial and The Wharton School RGH; Dean, The Wharton School of University of Pennsylvania the University of Pennsylvania Steinberg Hall-Dietrich Hall 3620 Locust Walk Philadelphia, PA 19104 Jewell J. McCabe Director, Reliance Financial and Jewell Jackson McCabe RGH; President, Jewell Jackson Associate McCabe Associates 50 Rockefeller Plaza Suite 46 New York, NY 10020 5 Position with Reliance Financial and Name and Business Address Principal Occupation - ------------------------- -------------------------------- Irving Schneider Director, Reliance Financial and Helmsley-Spear, Inc. RGH; Executive Vice President, 60 East 42nd Street Helmsley-Spear, Inc. New York, NY 10165 Bernard L. Schwartz Director, Reliance Financial and Loral Corporation RGH; Chairman of the Board, 600 Third Avenue President and Chief Executive New York, NY 10016 Officer, Loral Corp. Richard E. Snyder Director, Reliance Financial and c/o MacMillan Publishing RGH 866 Third Avenue New York, NY 10022 Thomas J. Stanton, Jr. Director, Reliance Financial and 240 South Mountain Avenue RGH Montclair, NJ 07042 Neither Reliance Financial nor, to the best of its knowledge, any other person named in this Item 2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor, except as set forth below, 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. On February 17, 1994, in settlement of an administrative proceeding concerning the accounting treatment for certain transactions in 1986 in the fixed income portfolio of RIC, without admitting or denying the allegations against it, RGH agreed to the entry of an order by the Securities and Exchange Commission that RGH cease and desist from committing or causing any violation, and from committing or causing any future violation of, Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-3 thereunder. ITEM 5. Interest in Securities of the Issuer. No change except as follows: According to the Issuer's 10Q for the three month period ended September 30, 1994, the number of shares of the Security outstanding has increased to 25,192,000. As a result, the Securities beneficially owned by Reliance Financial, which total 3,568,634 shares, to the best knowledge of Reliance Financial, comprise approximately 14.2% of the Securities outstanding. Of the 3,568,634 shares beneficially owned by Reliance Financial, 2,870,534 shares are owned directly by RIC, 500,000 shares are owned directly by United Pacific Insurance Company, an insurance subsidiary of RIC, and 198,100 shares are owned directly by Reliance National Indemnity Company, an insurance subsidiary of RIC. Each of the corporations listed above has sole voting and dispositive power over all of the shares directly owned by it. To the best knowledge of Reliance Financial, Mr. Saul P. Steinberg beneficially owns 10,000 shares of the Security (based upon the assumed exercise of warrants beneficially owned by him), representing approximately .04% of the Securities outstanding and Mr. Lowell C. Freiberg beneficially owns 35,000 shares of the Security (based upon the assumed exercise of warrants beneficially owned by him), representing approximately .14% of the Securities outstanding. Each of Messrs. Steinberg and Freiberg have sole voting and dispositive power over the shares of the Security owned by him. 6 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. Dated: February 24, 1995 RELIANCE FINANCIAL SERVICES CORPORATION By: /s/James E.Yacobucci ------------------------- James E. Yacobucci Senior Vice President Investments 7 -----END PRIVACY-ENHANCED MESSAGE-----