-----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, IF7t0KsihLgJG/EzYnKoU7EUQX2DJmWSG1FzUgpTmgyMktIGyFhQYaxDRlPTz56s av1zdI+Hb+HwX8o8dnw8fg== 0000733553-97-000206.txt : 19970808 0000733553-97-000206.hdr.sgml : 19970808 ACCESSION NUMBER: 0000733553-97-000206 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970807 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN TREATY AMERICAN CORP CENTRAL INDEX KEY: 0000814181 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 231664166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38689 FILM NUMBER: 97652794 BUSINESS ADDRESS: STREET 1: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 BUSINESS PHONE: 2159652222 MAIL ADDRESS: STREET 1: 3440 LEHIGH ST STREET 2: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEUBERGER & BERMAN LLC CENTRAL INDEX KEY: 0000733553 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 135521910 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 605 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10158-3698 BUSINESS PHONE: 2124769000 FORMER COMPANY: FORMER CONFORMED NAME: NEUBERGER & BERMAN L P /ADV DATE OF NAME CHANGE: 19940411 FORMER COMPANY: FORMER CONFORMED NAME: NEUBERGER & BERMAN L P /ADV DATE OF NAME CHANGE: 19940411 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities and Exchange Act of 1934 (Amendment No. 1 ) Name of Issuer: Penn Treaty American Corp. Title of Class of Securities: Class B Cusip Number: 707874103 Name, Address and Telephone Number of Person authorized to receive notices and communications: Kenneth E. Leopold, Senior Attorney, c/o Neuberger&Berman, LLC, 605 Third Avenue, NY, NY 10158 Date of Event which requires Filing of this statement: June 23, 1997 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 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 13 D CUSIP NO. 707874103 1.Name of Reporting Person S.S. or IRS identification NO. of Above Person Marvin Schwartz SS # ###-##-#### 2.Check the appropriate box if a member of a group* a b 3. Sec use only 4.Source of funds* P.F.O.O. 5.Check Box if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e) 6. Citizenship or place of organization U.S.A. 7. Sole Voting Power 135,950 8.Shared voting power 0 9.Sole dispositive power 135,950 10. Shared dispositive power 5,000 11. Aggregate amount beneficially owned by each reporting person 140,950 12.Check box if the aggregate amount in row 11 excludes certain shares* 13. Percent of class represented by amount in row 11. 1.87% 14.Type of reporting person* IN ITEM 1 Security and Issuer This statement related to the common stock (the "Shares") of Penn Treaty American Corp. (the "Company"). The Address of the principal executive offices of the company is 3440 Lehigh Street, Allentown, PA 18103. ITEM 2 Identity and Background A) The name of the individual filing this statement is Marvin Schwartz B) The business address of Marvin Schwartz is: c/o Neuberger&Berman, LLC, 605 Third Avenue, New York, New York 10158-3698. C) Marvin Schwartz is a Principal of Neuberger & Berman, LLC ("N&B"), a limited liability company organized under the laws of the State of Delaware. N&B is a registered broker/dealer and registered investment advisor which conducts a general brokerage, dealer and investment advisory business. This filing is made by Mr. Schwartz individually and not in his capacity as Principal of N&B. The shares are held individually by Mr. Schwartz and others. The firm of N&B has no voting or dispositive power regarding these shares. D) During the last five years Marvin Schwartz has not been convicted in a criminal proceeding(excluding traffic violations or similar misdemeanors). E) During the last five years Marvin Schwartz has not been a party to a civil proceeding as a result of which he is subject to judgement, decree or 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. F) Marvin Schwartz is a United States citizen. ITEM 3 Source and Amounts of Funds Marvin Schwartz now owns 135,950 Shares for his personal account. ITEM 4 Purpose of Transaction Marvin Schwartz purchased the shares for investment purposes only. He does not have any plans or proposals which relate to or would result in any of the activities or matters referred to in paragraphs (a) through (j), inclusive of item 4 of Schedule 13D. ITEM 5 Interest in Securities of the Issuer A) Marvin Schwartz is the beneficial owner of 140,950 shares which represents 1.87% of the 7,518,080 shares outstanding. B) Marvin Schwartz has the sole power to dispose of 135,950 shares and has shared dispositive power with regard to 5,000 shares. Marvin Schwartz has sole voting power with regard to 135,950 shares and has shared voting power with regard to 0 shares. C) During the 60 days surrounding the event triggering this filing. Marvin Schwartz effected 3 open market transactions in the shares. The trade dates and prices are noted below: Trade Date B/S Shares Price 06/23/97 S 11,000 29.6875 07/10/97 S 7,000 29.6786 07/24/97 S 20,000 33.9376 ITEM 6 Contracts, Agreements, Understandings or Relationship with Respect to Securities of Issuer There are no agreements, contracts or understandings of any kind between Marvin Schwartz and any other person with regard to the shares or the issuer. ITEM 7 Material to be filed as Exhibits There are no materials to be filed as exhibits. Signatures After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated:___________ ___________________ Marvin Schwartz -----END PRIVACY-ENHANCED MESSAGE-----