-----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, EWB2YWtlw+kFESsi/QhOgNi2yQdqpSBX12hgkYnBqDYz/O0XIsricaTVRg8D74aK aLUIRQYB0HUvsaYSVht/wA== 0000950136-98-000132.txt : 19980129 0000950136-98-000132.hdr.sgml : 19980129 ACCESSION NUMBER: 0000950136-98-000132 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980128 SROS: AMEX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PMC COMMERCIAL TRUST /TX CENTRAL INDEX KEY: 0000908311 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 756446078 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-50769 FILM NUMBER: 98514874 BUSINESS ADDRESS: STREET 1: 17290 PRESTON RD CITY: DALLAS STATE: TX ZIP: 75252 BUSINESS PHONE: 2143800044 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANNELL PETER B & CO INC CENTRAL INDEX KEY: 0000016972 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 13757627 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127525255 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 AMENDMENT TO SCHEDULE 13G ---------------------------------- | OMB APPROVAL | | ------------ | | OMB NUMBER: 3235-0145 | | EXPIRES: DECEMBER 31, 1997 | | ESTIMATED AVERAGE BURDEN | | HOURS PER RESPONSE .... 14.90 | ---------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* PMC Commercial Trust - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock - ------------------------------------------------------------------------------- (Title of Class of Securities) 693434102 ------------------------------ (CUSIP Number) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *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). CONFORMED COPY TO FILING MADE ON JANUARY 28, 1998 - -------------------- ------------------- CUSIP NO. 693434102 13G PAGE __ OF __ PAGES - -------------------- ------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PETER B. CANNELL & CO., INC. 13-3346990 - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 496,150 NUMBER OF --------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH --------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 496,150 --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 496,150 WHICH CONSISTS SOLELY OF COMMON STOCK - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.87% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Item 1(a). Name of Issuer: PMC Commercial Trust Item 1(b). Address of Issuer's Principal Executive Offices: 17290 Preston Road Dallas, TX 75252 Item 2(a). Name of Person Filing: Peter B. Cannell & Co., Inc. Item 2(b). Address of Principal Business Office: 645 Madison Avenue, New York, NY 10022 Item 2(c). Citizenship: Delaware Corporation Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP No. 693434102 Item 3. Person filing statement is: (e) [X] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. Item 4. Ownership: (a) Amount Beneficially Owned: 496,150 (b) Percent of Class: 7.87% (c) Number of shares as to which such person has sole power to dispose or to direct the disposition of: 496,150 Item 5. Ownership of Five Percent or less: N/A Item 6. Ownership of More than Five Percent: N/A Item 7. Identification and Classification of the Subsidiary: N/A. Item 8. Identification and Classification of Members of Group: N/A. Item 9. Notice of Dissolution: N/A. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes 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. January 28, 1998 ----------------------------------- (Date) Patricia Kogan ----------------------------------- (Signature) Patricia Kogan, Vice President ----------------------------------- (Name/Title) -----END PRIVACY-ENHANCED MESSAGE-----