-----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, UNUtn5zSD6X++MN4PAE/Kito23e8JW8cdm3DPMBQRsJJnyDDbkkFgE8/qq85s5FL C5H7MoLm7J54wWuka3A48Q== 0001025537-02-000056.txt : 20020723 0001025537-02-000056.hdr.sgml : 20020723 20020723120416 ACCESSION NUMBER: 0001025537-02-000056 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020723 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MICROFINANCIAL INC CENTRAL INDEX KEY: 0000827230 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] IRS NUMBER: 042962824 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-58187 FILM NUMBER: 02708290 BUSINESS ADDRESS: STREET 1: 950 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02154 BUSINESS PHONE: 7818900177 MAIL ADDRESS: STREET 1: 950 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02154 FORMER COMPANY: FORMER CONFORMED NAME: BOYLE LEASING TECHNOLOGIES INC DATE OF NAME CHANGE: 19980605 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KEY COLONY FUND LP CENTRAL INDEX KEY: 0001107345 IRS NUMBER: 911948637 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 10825 FINANCIAL CENTRE PKWY, SUITE 100 CITY: LITTLE ROCK STATE: AR ZIP: 72221 BUSINESS PHONE: 5012192003 MAIL ADDRESS: STREET 1: P.O. BOX 24520 CITY: LITTLE ROCK STATE: AK ZIP: 72221 SC 13G 1 key13g7232002.txt SCHEDULE 13G FOR KEY COLONY UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ____)* MICROFINANCIAL INCORPORATED (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 595072 10 9 (CUSIP Number) N/A (Date of Event Which Required Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *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). CUSIP NO. 595072 10 9 Page 2 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Alex R. Lieblong 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 767,600 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 767,600 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,600 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% 12. TYPE OF REPORTING PERSON IN CUSIP NO. 595072 10 9 Page 3 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Key Colony Management, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 671,700 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 671,700 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 671,700 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.2% 12. TYPE OF REPORTING PERSON OO CUSIP NO. 595072 10 9 Page 4 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Key Colony Fund, LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 671,700 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 671,700 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 671,700 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.2% 12. TYPE OF REPORTING PERSON PN CUSIP NO. 595072 10 9 Page 5 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Lieblong Transport, Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 0 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 0 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% 12. TYPE OF REPORTING PERSON CO CUSIP NO. 595072 10 9 Page 6 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Alex R. Lieblong IRA 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 4,100 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 4,100 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,100 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1% 12. TYPE OF REPORTING PERSON EP CUSIP NO. 595072 10 9 Page 7 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Jason R. Lieblong 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 0 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 0 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% 12. TYPE OF REPORTING PERSON IN CUSIP NO. 595072 10 9 Page 8 of 15 1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY). Paul Spann 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP. (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: 8,900 6. SHARED VOTING POWER: 0 7. SOLE DISPOSITIVE POWER: 8,900 8. SHARED DISPOSITIVE POWER: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,900 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] Not applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1% 12. TYPE OF REPORTING PERSON IN CUSIP NO. 595072 10 9 Page 9 of 15 ITEM 1. (a) NAME OF ISSUER: Microfinancial Incorporated (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 950 Winter Street, Waltham, MA 02451 ITEM 2. (a) NAME OF PERSON FILING: The names of the reporting persons are Alex R. Lieblong, Key Colony Management, LLC, Key Colony Fund, LP, Lieblong Transport, Inc., Alex R. Lieblong IRA, Jason R. Lieblong, and Paul Spann. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The business address for all of the reporting persons is 10825 Financial Centre Parkway, Suite 100, Little Rock, Arkansas 72211. (c) CITIZENSHIP: Alex R. Lieblong, Jason R. Lieblong, and Paul Spann are citizens of the United States of America. Key Colony Management, LLC, Key Colony Fund, LP, Lieblong Transport, Inc. are entities formed under Delaware law. The Alex R. Lieblong IRA is formed under Arkansas law. (d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.01 per share. (e) CUSIP NUMBER: 595072 10 9 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act CUSIP NO. 595072 10 9 Page 10 of 15 (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with Section 240.13b-1(b)(1)(ii)(G) (h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H) Not Applicable ITEM 4. OWNERSHIP. The percentage calculations below are based on an assumed 12,821,946 shares of outstanding Common Stock, as shown on the Company Form 10-Q for the quarter ending on March 31, 2002. Alex R. Lieblong - ---------------- (A) Amount Beneficially Owned: 767,600 (B) Percent of Class: 6.0% (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 767,600 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 767,600 (iv) shared power to dispose or to direct the disposition of: 0 Of the 767,600 shares reported in (A) above: 91,800 are directly held by Mr. Lieblong, 4,100 are held by Alex R. Lieblong IRA, and 671,700 are held by Key Colony Fund, LP. The filing of this statement shall not be construed as an admission that Mr. Lieblong is, for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. CUSIP NO. 595072 10 9 Page 11 of 15 Key Colony Management, LLC - -------------------------- (A) Amount Beneficially Owned: 671,700 (B) Percent of Class: 5.2% (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 671,700 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 671,700 (iv) shared power to dispose or to direct the disposition of: 0 The 671,700 shares reported in (A) above are held by Key Colony Fund, LP. The filing of this statement shall not be construed as an admission that Key Colony Management, LLC is, for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Key Colony Fund, LP - ------------------- (A) Amount Beneficially Owned: 671,700 (B) Percent of Class: 5.2% (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 671,700 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 671,700 (iv) shared power to dispose or to direct the disposition of: 0 Lieblong Transport, Inc. - ------------------------ (A) Amount Beneficially Owned: 0 (B) Percent of Class: 0% (C) Number of shares as to which such person has: CUSIP NO. 595072 10 9 Page 12 of 15 (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 0 Alex R. Lieblong IRA - -------------------- (A) Amount Beneficially Owned: 4,100 (B) Percent of Class: 0.1% (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 4,100 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 4,100 (iv) shared power to dispose or to direct the disposition of: 0 Jason R. Lieblong - ----------------- (A) Amount Beneficially Owned: 0 (B) Percent of Class: 0% (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 0 Paul Spann - ---------- (A) Amount Beneficially Owned: 8,900 (B) Percent of Class: 0.1% CUSIP NO. 595072 10 9 Page 13 of 15 (C) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 8,900 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 8,900 (iv) shared power to dispose or to direct the disposition of: 0 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not Applicable ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. See Exhibit A. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP NO. 595072 10 9 Page 14 of 15 SIGNATURE 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. July 15, 2002 KEY COLONY FUND, LP By: /s/ Alex R. Lieblong -------------------------------- Name: Alex R. Lieblong Title: Manager KEY COLONY MANAGEMENT, LLC By: /s/ Alex R. Lieblong -------------------------------- Name: Alex R. Lieblong Title: Manager LIEBLONG TRANSPORT, INC. By: /s/ Alex R. Lieblong -------------------------------- Name: Alex R. Lieblong Title: President ALEX R. LIEBLONG IRA By: /s/ Alex R. Lieblong -------------------------------- Name: Alex R. Lieblong Title: Trustee /s/ Alex R. Lieblong ------------------------------------ ALEX R. LIEBLONG /s/ Jason R. Lieblong ------------------------------------ JASON R. LIEBLONG /s/ Paul Spann ------------------------------------ PAUL SPANN CUSIP NO. 595072 10 9 Page 15 of 15 EXHIBIT A --------- AGREEMENT AS TO JOINT FILING Pursuant to Regulation Section 240.13d-1(k)(1)(iii), the undersigned acknowledge and agree that the attached Schedule 13G relating to Microfinancial Incorporated is being filed on behalf of each of the undersigned. July 15, 2002 KEY COLONY FUND, LP By: /s/ Alex R. Lieblong ------------------------------------ Name: Alex R. Lieblong Title: Manager KEY COLONY MANAGEMENT, LLC By: /s/ Alex R. Lieblong ------------------------------------ Name: Alex R. Lieblong Title: Manager LIEBLONG TRANSPORT, INC. By: /s/ Alex R. Lieblong ------------------------------------ Name: Alex R. Lieblong Title: President ALEX R. LIEBLONG IRA By: /s/ Alex R. Lieblong ------------------------------------ Name: Alex R. Lieblong Title: Trustee /s/ Alex R. Lieblong --------------------------------------- ALEX R. LIEBLONG /s/ Jason R. Lieblong -------------------------------------- JASON R. LIEBLONG /s/ Paul Spann -------------------------------------- PAUL SPANN -----END PRIVACY-ENHANCED MESSAGE-----