-----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, Cmf3hOMttibxoSKOE3YxoOdeOYkEIjjKXyTZWjqahke6ByFNTXAkQ1UvCdRZ1skY 7+phb09BFPua5hmv3m+YWw== 0000950133-97-000249.txt : 19970219 0000950133-97-000249.hdr.sgml : 19970219 ACCESSION NUMBER: 0000950133-97-000249 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970203 SROS: NONE GROUP MEMBERS: QUAD-C INC GROUP MEMBERS: R. TED WESCHLER GROUP MEMBERS: TERRENCE D. DANIELS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WSFS FINANCIAL CORP CENTRAL INDEX KEY: 0000828944 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222866913 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39884 FILM NUMBER: 97516601 BUSINESS ADDRESS: STREET 1: 838 MARKET ST CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3025717160 MAIL ADDRESS: STREET 1: 838 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19899 FORMER COMPANY: FORMER CONFORMED NAME: STAR STATES CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: QUAD-C INC CENTRAL INDEX KEY: 0001026711 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 223008839 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 230 EAST HIGH ST CITY: CHARLOTTESVILLE STATE: VA ZIP: 22902 BUSINESS PHONE: 8049798411 MAIL ADDRESS: STREET 1: 230 EAST HIGH ST CITY: CHARLOTTESVILLE STATE: VA ZIP: 22902 SC 13D/A 1 WSFS FINANCIAL CORPORATION SCHEDULE 13D/A #1 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Amendment No. 1 Under the Securities Exchange Act of 1934 WSFS FINANCIAL CORPORATION ----------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE ----------------------------------------------------------------------------- (Title of Class of Securities) 929328102 ---------------------- (CUSIP Number) R. TED WESCHLER QUAD-C, INC. 230 EAST HIGH STREET CHARLOTTESVILLE, VIRGINIA 22902 ----------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 31, 1997 ----------------------------------------------------------- (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 / /. 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 (the "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). 2 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OR REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON QUAD-C, INC. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS / / REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- ---------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER REPORTING PERSON WITH -0- ---------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -0-% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- 3 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OR REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Terrence D. Daniels - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS / / REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OR ORGANIZATION United States - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER 235,100 ---------------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH -0- ---------------------------------------------- 9 SOLE DISPOSITIVE POWER 235,100 ---------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 235,100 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- 4 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OR REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON R. Ted Weschler - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS / / REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OR ORGANIZATION United States - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER 57,811 NUMBER OF SHARES ------------------------------------------ BENEFICIALLY OWNED BY 8 SHARED VOTING POWER EACH REPORTING PERSON WITH -0- ------------------------------------------ 9 SOLE DISPOSITIVE POWER 57,811 ------------------------------------------ 10 SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 57,811 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .4% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- 5 This Amendment No. 1 to Schedule 13D is being filed on behalf of Quad-C, Inc., a Delaware Corporation ("Quad-C"), Terrence D. Daniels ("Daniels"), the President, principal stockholder and sole director of Quad-C and R. Ted Weschler ("Weschler"), a Vice President and the Secretary and Treasurer, and a minority stockholder of Quad-C relating to the common stock (the "Common Stock") of WSFS Financial Corporation, a Delaware Corporation (the "Company"). Quad-C, Daniels and Weschler are hereinafter collectively referred to as the "Reporting Persons." Of the Reporting Persons, only Daniels and Weschler possess direct ownership of voting or dispositive power relating to the Common Stock held by each of them. Quad-C no longer possesses direct or indirect ownership of any shares of Common Stock. Item 5. Interest in Securities of Issuer. a. Pursuant to the transactions disclosed in 5.c. below, Quad-C, Daniels, and Weschler beneficially own -0-, 235,100, and 57,811 shares of the Company's Common Stock. Based upon the Company's Form 10Q for the quarter ended September 30, 1996 filed with the Securities and Exchange Commission, such shares held by Daniels and Weschler constitute approximately 1.7% and .4% respectively of the Company's Common Stock outstanding. b. Daniels and Weschler each possess the sole power to vote or to direct the vote or to dispose or to direct the disposition of the shares of the Company's Common Stock held by each of them. c. On January 31, 1997, Quad-C sold to the Company 385,409 shares of the Common Stock then held by Quad-C at a price of $11.125 per share. On January 31, 1997, Quad-C distributed to its individual shareholders the remaining 385,409 shares of the Common Stock then held by it. Pursuant to this distribution, Daniels received 235,100 shares and Weschler received 57,811 shares of Common Stock respectively. d. Not applicable. e. On January 31, 1997, each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the Common Stock. 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: January 31, 1997 QUAD-C, INC. /s/ Terrence D. Daniels ---------------------------------- Terrence D. Daniels, President /s/ Terrence D. Daniels ---------------------------------- Terrence D. Daniels /s/ R. Ted Weschler ---------------------------------- R. Ted Weschler 5 -----END PRIVACY-ENHANCED MESSAGE-----