-----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, SosRaMQw1r0SBMYvosOSgJNmRo6jDXWExmEkk+LW3tOkqbgZ0bk+PkO0Yo1VWQLK sihclYJ5PJkUbpcAOAkKzg== 0000889812-96-001527.txt : 19961028 0000889812-96-001527.hdr.sgml : 19961028 ACCESSION NUMBER: 0000889812-96-001527 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961025 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONCORD CAMERA CORP CENTRAL INDEX KEY: 0000831861 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 133152196 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-39682 FILM NUMBER: 96647672 BUSINESS ADDRESS: STREET 1: 35 MILEED WAY CITY: AVENEL STATE: NJ ZIP: 07001 BUSINESS PHONE: 9084998280 MAIL ADDRESS: STREET 1: 35 MILEED WAY CITY: AVENEL STATE: NJ ZIP: 07001 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GELMAN GARY CENTRAL INDEX KEY: 0000933529 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE JERICHO PLAZA CITY: JERICHO STATE: NY ZIP: 11753 BUSINESS PHONE: 5159388000 MAIL ADDRESS: STREET 1: HARTMAN & CRAVEN STREET 2: 460 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 STATEMENT OF BENEFICIAL OWNERSHIP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. _____)* Concord Camera Corp. (Name of Issuer) Common Stock (Title of Class of Securities) 206156101 (CUSIP Number) Edward I. Tishelman c/o Hartman & Craven LLP 460 Park Avenue NY, NY 10022 (212) 836-4940 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 17, 1996 (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 statement 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 13D CUSIP No. 206156101 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gary Gelman Soc. Sec. No. ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / 3 SEC USE ONLY 4 SOURCE OF FUNDS* PF - Personal Funds 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF 7 SOLE VOTING POWER SHARES 548,700 BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH 9 SOLE DISPOSITIVE POWER REPORTING 548,700 PERSON 10 SHARED DISPOSITIVE POWER WITH 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 548,700 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5% 14 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 2 of 7 Page 3 of 5 Item 1. Security and Issuer The undersigned purchased an aggregate of 483,000 shares of common stock (the "Stock") of Concord Camera Corporation (the "Company") between August 21, 1996 and October 17, 1996, in the open market. The undersigned's holdings of stock of the Company as of October 17, 1996 is 548,700 shares, or 5% of the Company's issues and outstanding shares of Stock, as calculated by the 10,944,026 shares of Stock reported by the Company on its Form 10-K for the period ending June 30, 1996. Item 2. Identity and Background This statement is being filed by Mr. Gelman, a United States citizen whose business address is c/o American Claims Evaluation, Inc., One Jericho Plaza, Jericho, New York 11753. Mr. Gelman's principal occupation is as Chairman of the Board, President, Chief Executive and Chief Operating Officer of American Claims Evaluation, Inc., whose principal business is the verification of medical bills presented for payment to insurance companies and others and rendering services in the vocational rehabilitation of persons involved in workmen's compensation disabilities. Mr. Gelman has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he 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. Item 3. Source and Amount of Funds or Other Consideration The source of funds used was personal funds of the reporting person. Item 4. Purpose of Transaction (a) The undersigned purchased the shares of Stock for investment. The undersigned may, at any time or from time to time, acquire additional shares of Stock, and expressly reserves the right, at any time or from time to time, to dispose of any or all of his shares of Stock. (b)-(j) Not Applicable. Page 4 of 5 Item 5. Interest in Securities of the Issuer (a) The aggregate number of the Company's shares of Stock beneficially owned by the undersigned on the close of business on the date set forth on the cover was 548,700, approximately 5% of the shares outstanding on that date, based upon the 10,944,026 shares of Stock reported by the Company to be issued and outstanding. (b) Number of Shares as to which, on the date referred to on the cover the undersigned had: (i) sole power to vote or to direct the vote........ 548,700 (ii) shared power to vote or to direct the vote...... -0- (iii) sole power to dispose or to direct the disposition of.................................. 548,700 (iv) shared power to dispose or to direct the disposition of.................................. -0- (c) Other than as described hereinafter, there were no transactions in the Company's shares effected by the undersigned during the sixty day period preceding the date set forth on the cover. Shares Purchased Date Price Per Share ---------------- ---- --------------- 9,400 10/17 $2.205 15,500 10/16 2.205 11,000 10/15 2.10 31,000 10/14 2.115 9,000 10/11 2.2025 8,000 10/10 2.265 6,500 10/09 2.3275 22,500 10/07 2.41 7,500 10/03 2.39 20,800 10/01 2 3/8 5,000 9/20 2.265 28,000 9/20 2.32 13,000 9/18 2.175 8,000 9/13 2.36 58,000 9/10 2.39 50,000 9/06 2.39 10,000 9/04 2.39 93,000 9/03 2.365 7,500 8/29 2.235 13,000 8/27 2.245 10,000 8/26 2.17 37,000 8/21 2.26 (d) Not applicable. (e) Not applicable. Page 5 of 5 Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Not Applicable. Item 7. Material to Be Filed as Exhibits Not Applicable. 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: October 21, 1996 /s/Gary Gelman -------------------- Gary Gelman -----END PRIVACY-ENHANCED MESSAGE-----