-----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, HtFPyvELymIa8vKMNmhzLXUypUsZ2dRQF1n/fI735awmKAeyEUzrYRQpVd/FqXVX S1NP7+a60PFn9eeLoxhaAQ== 0000861465-08-000001.txt : 20080130 0000861465-08-000001.hdr.sgml : 20080130 20080130143019 ACCESSION NUMBER: 0000861465-08-000001 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KILLEN GROUP INC CENTRAL INDEX KEY: 0000861465 IRS NUMBER: 232213851 STATE OF INCORPORATION: PA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82438 FILM NUMBER: 08560877 BUSINESS ADDRESS: STREET 1: 1189 LANCASTER AVE CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: 6102967222 MAIL ADDRESS: STREET 1: 1189 LANCASTER AVENUE CITY: BERWYN STATE: PA ZIP: 19312 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KILLEN GROUP INC CENTRAL INDEX KEY: 0000861465 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 232213851 STATE OF INCORPORATION: PA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1189 LANCASTER AVE CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: 6102967222 MAIL ADDRESS: STREET 1: 1189 LANCASTER AVENUE CITY: BERWYN STATE: PA ZIP: 19312 SC 13G 1 g.txt SCHEDULE 13G AND COVER LETTER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___________)* - ------------------------------------------------------------------------------- TOLLGRADE COMMUNICATIONS, INC. - ------------------------------------------------------------------------------- COMMON STOCK - ------------------------------------------------------------------------------- CUSIP Number: 889542106 December 31, 2007 - ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |x| Rule 13d-1(b) | | 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 the disclosures provided in a prior cover page. The information required in 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. 889542106 1. NAME OF REPORTING PERSON(S) THE KILLEN GROUP, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON IRS#23-2213851 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | | 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Incorporated in the Commonwealth of Pennsylvania 5. SOLE VOTING POWER NUMBER OF 473,494 SHARES BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON 596,535 WITH 8. SHARED DISPOSITIVE POWER 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 596,535 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ____________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.5% 12. TYPE OF REPORTING PERSON (See Instructions) IA - ----------------------------------------------------------------------------- Item 1. (a) Name of Issuer: The name of the issuer is TOLLGRADE COMMUNICATIONS, INC. (b) Address of Issuer's Principal Executive Offices: The Issuer's principal executive offices are located at 493 Nixon Road Cheswick, PA 15024 Item 2. (a) Name of Person Filing: THE KILLEN GROUP, INC. (b) Address of Principal Business Office, or if none, Residence: 1189 LANCASTER AVE., BERWYN, PA 19312 (c) Citizenship: THE KILLEN GROUP IS A CORPORATION INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA (d) Title of Class of Securities: COMMON STOCK OF THE ISSUER. (e) CUSIP Number: 889542106 Item 3. THE KILLEN GROUP, INC. IS AN INVESTMENT ADVISOR REGISTERED UNDER SECTION 203 OF THE INVESTMENT ADVISOR ACT OF 1940. Item 4. Ownership. (a) THE KILLEN GROUP, INC. IS THE BENEFICIAL OWNER OF 596,535 SHARES OF THE ISSUER'S COMMON STOCK. (b) THE AMOUNT OWNED BY THE KILLEN GROUP IS 4.5% OF THE SHARES OUTSTANDING. (c) (i) THE KILLEN GROUP HAS THE SOLE POWER TO VOTE OR TO DIRECT THE VOTE OF 473,494 SHARES OF COMMON STOCK. (ii) THE KILLEN GROUP HAS THE SOLE POWER TO VOTE OR TO DIRECT THE DISPOSITION OF 596,535 SHARES OF COMMON STOCK. Item 5. Ownership of Five Percent or Less of a Class. This statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of this security. 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. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. Each of the Reporting Persons hereby makes the following 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. 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. Dated: January 30, 2008 THE KILLEN GROUP, INC. By: ROBERT E. KILLEN ------------------------------------ Name: Robert E. Killen Title: Chairman and CEO -----END PRIVACY-ENHANCED MESSAGE-----