-----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, RLuDulPGazSXmmRHJb3WxO8xXM/+hANzQRsEyTT2JHVmBlc++yf15/dcaE2zJZD0 SJn0pZW8doWNQxUe0DE8mQ== 0000950137-02-005176.txt : 20021010 0000950137-02-005176.hdr.sgml : 20021010 20021010164352 ACCESSION NUMBER: 0000950137-02-005176 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GLICKMAN JOSEPH C CENTRAL INDEX KEY: 0000941589 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: RIVER FOREST BANCORP STREET 2: 3959 N LINCOLN AVE CITY: CHICAGO STATE: IL ZIP: 60613 MAIL ADDRESS: STREET 1: RIVER FOREST BANCORP STREET 2: 3959 N LINCOLN AVE CITY: CHICAGO STATE: IL ZIP: 60613 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CORUS BANKSHARES INC CENTRAL INDEX KEY: 0000051939 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 410823592 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-18758 FILM NUMBER: 02786574 BUSINESS ADDRESS: STREET 1: 3959 N LINCOLN AVE STREET 2: LINCOLN NATIONAL BANK BLDG CITY: CHICAGO STATE: IL ZIP: 60613 BUSINESS PHONE: 3125497100 MAIL ADDRESS: STREET 1: 3959 N LINCOLN AVE CITY: CHICAGO STATE: IL ZIP: 60613 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT CORP OF AMERICA INC DATE OF NAME CHANGE: 19820422 FORMER COMPANY: FORMER CONFORMED NAME: RIVER FOREST BANCORP INC DATE OF NAME CHANGE: 19920703 SC 13D 1 c72285bsc13d.txt SCHEDULE 13D OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: October 31, 2002 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. )* -------- Corus Bankshares, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.05 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 220873103 - -------------------------------------------------------------------------------- (CUSIP Number) Robert J. Glickman 3959 N. Lincoln Ave. Chicago, IL 60613 773-832-3456 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 8, 2002 - -------------------------------------------------------------------------------- (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 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). PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1746 (03-00) CUSIP NO. 220873103 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Joseph C. Glickman SSN 476 10 1724 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) Not Applicable - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 919,288 SHARES ----------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 340,289 OWNED BY EACH ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 919,288 PERSON ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 340,289 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,259,577 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) IN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER Name of Issuer: Corus Bankshares, Inc. Class of Equity Security: Common Stock, $.05 par value Address of Executive Offices: 3959 N. Lincoln Ave Chicago, IL 60613 ITEM 2. IDENTITY AND BACKGROUND (a) Name: Joseph C. Glickman (b) Residence Address: i. 7770 Starlight Dr ii. La Jolla, CA 92037 (c) Principal Occupation: i. Retired (d) Criminal Conviction: a. None (e) Civil Proceedings: a. None (f) Citizenship: b. USA ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION On October 8, 2002, Joseph C. Glickman distributed beneficial ownership of 986,884 shares for no consideration as a distribution from a Grantor Retained Annuity Trust established by Joseph C. Glickman, dated October 8, 1999. ITEM 4. PURPOSE OF TRANSACTION: The Joseph C. Glickman Trust was created and funded for estate planning purposes. Neither the Trust nor Joseph Glickman have any plans to cause: (1) any extraordinary corporate transactions, such as a merger or reorganization, (2) a sale of a material amount of assets of the issuer, (3) any changes in the present board of directors or management of the issuer, (4) any material change in the present capitalization or dividend policy of the issuer. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER: (a) aggregate number of shares owned: a. 1,259,577 shares percentage of class owned: 8.9% (b) number of shares with sole power to vote: a. 919,288 shares number of shares with shared voting power: a. 340,289 number of shares with sole dispositive power: 919,288 number of shares with shared dispositive power: 340,289 Joseph Glickman has beneficial ownership in the following capacities: Joseph C. Glickman, personally................... 919,288 shares Joseph C. Glickman and Beverly W. Glickman, Joint Tenants in Common.......................... 245,665 shares Joseph Glickman, as Trustee...................... 2,500 shares As an officer of a charitable foundation......... 92,124 shares ---------------- Total...................1,259,577 shares (c) any transactions in the common stock of Corus Bankshares during the past 60 days: None ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None ITEM 7. MATERIAL TO BE FILED AS EXHIBITS: NONE SIGNATURE After reasonable inquiry and the best of my knowledge and belief, I certify that the information set forth is this statement is true, complete and correct. Date: October 8, 2002 /s/ ROBERT J. GLICKMAN - -------------------------------------------------------------------------------- Signature -- Robert J. Glickman, under Power of Attorney For Joseph C. Glickman -----END PRIVACY-ENHANCED MESSAGE-----