-----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, G+Hl1OdfOMhTPIsYeCSl3TXWgS/3SjgBtGtVgYZHG6nPcCemndEytXI1xZKdbr+5 4BZ4ZvVhH5cJwiNBIHhr3Q== 0001341004-08-002900.txt : 20081118 0001341004-08-002900.hdr.sgml : 20081118 20081117181540 ACCESSION NUMBER: 0001341004-08-002900 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081118 DATE AS OF CHANGE: 20081117 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTAFF INC CENTRAL INDEX KEY: 0000931911 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 941266151 STATE OF INCORPORATION: DE FISCAL YEAR END: 1102 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50455 FILM NUMBER: 081196652 BUSINESS ADDRESS: STREET 1: 298 NORTH WIGET LANE CITY: WALNUT CREEK STATE: CA ZIP: 94598-2453 BUSINESS PHONE: 9259305300 MAIL ADDRESS: STREET 1: P O BOX 9280 STREET 2: 298 NORTH WIGET LANE CITY: WALNUT CREEK STATE: CA ZIP: 94598-2453 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN STAFF SERVICES INC DATE OF NAME CHANGE: 19941024 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sorensen Trust CENTRAL INDEX KEY: 0001448794 IRS NUMBER: 553314440 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3280 STATE STREET CITY: SANTA BARABARA STATE: CA ZIP: 93105 BUSINESS PHONE: 805-882-8200 MAIL ADDRESS: STREET 1: 3280 STATE STREET CITY: SANTA BARABARA STATE: CA ZIP: 93105 SC 13D/A 1 sc13d-a.htm SCHEDULE 13D/A - AMENDMENT NO. 1 sc13d-a.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)



WESTAFF, INC. 
(Name of Issuer)

Common Shares, par value $0.01 per share 
(Title of Class of Securities)

957070105 
(CUSIP Number)

Sorensen Trust
D. Stephen Sorensen
3820 State Street
Santa Barbara, CA 93105
(805) 882-2200 
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

With a copy to:

Robert B. Pincus, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
One Rodney Square
P.O. Box 636
Wilmington, DE 19899-0636
(302) 651-3000

November 4, 2008 
(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(c), 240.13d-1(f) or 240.13d-1(g), check the following box. 
 
* 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.  032681108
  
1
Name of Reporting Persons
 
Sorensen Trust
 
2
Check The Appropriate Box if a Member of a Group
(See Instructions)
(a)           ☐
(b)           ☐
3
SEC Use Only
 
4
Source of Funds (See Instructions)
PF
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
6
Citizenship or Place of Organization
California
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
7
Sole Voting Power
 
8
Shared Voting Power
2,032,903
9
Sole Dispositive Power
 
10
Shared Dispositive Power
2,032,903
11
Aggregate Amount Beneficially Owned by Each Reporting Person
2,032,903
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐
13
Percent of Class Represented by Amount in Row (11)
12.18%
14
Type of Reporting Person (See Instructions)
OO

 

 
CUSIP No.  032681108
  
1
Name of Reporting Persons
 
D. Stephen Sorensen
 
2
Check The Appropriate Box if a Member of a Group
(See Instructions)
(a)           ☐
(b)           ☐
3
SEC Use Only
 
4
Source of Funds (See Instructions)
OO
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
6
Citizenship or Place of Organization
United States of America
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
7
Sole Voting Power
 
8
Shared Voting Power
2,032,903
9
Sole Dispositive Power
 
10
Shared Dispositive Power
2,032,903
11
Aggregate Amount Beneficially Owned by Each Reporting Person
2,032,903
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐
13
Percent of Class Represented by Amount in Row (11)
12.18%
14
Type of Reporting Person (See Instructions)
IN

 

 

 
CUSIP No.  032681108
  
1
Name of Reporting Persons
 
Shannon P. Sorensen
 
2
Check The Appropriate Box if a Member of a Group
(See Instructions)
(a)           ☐
(b)           ☐
3
SEC Use Only
 
4
Source of Funds (See Instructions)
OO
5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
6
Citizenship or Place of Organization
United States of America
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
7
Sole Voting Power
 
8
Shared Voting Power
2,032,903
9
Sole Dispositive Power
 
10
Shared Dispositive Power
2,032,903
11
Aggregate Amount Beneficially Owned by Each Reporting Person
2,032,903
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐
13
Percent of Class Represented by Amount in Row (11)
12.18%
14
Type of Reporting Person (See Instructions)
IN
 

 
 
Explanatory Note

Pursuant to Rule 13d-2 promulgated under the Securities Exchange Act of 1934, as amended, this Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission on October 27, 2008 (the “Original Schedule 13D” and, with Amendment No. 1, collectively, the “Schedule 13D”).  This Amendment No. 1 relates to common shares, par value $0.01 per share (the "Common Shares"), of Westaff, Inc., a Delaware corporation (the "Issuer").  The principal executive offices of the Issuer are located at 298 North Wiget Lane, Walnut Creek, California  94598-2453.  Except as specifically amended by this Amendment No. 1, items in the Original Schedule 13D are unchanged.  Capitalized terms used herein that are not defined herein have the meanings ascribed to them in the Original Schedule 13D.

Item 1.      Security and Issuer

    There is no change to Item 1 of the Original Schedule 13D.

Item 2.      Identity and Background

    There is no change to Item 2 of the Original Schedule 13D.

Item 3.      Source and Amount of Funds or Other Consideration

     Item 3 of the Original Schedule 13D is hereby amended by replacing it in its entirety with the following:

    The Sorensen Trust used its personal funds to acquire the Common Shares reported on this Schedule 13D.

    The aggregate cost of purchasing such shares (excluding brokerage commissions, if any) was $682,802.57.

Item 4.      Purpose of Transaction

    There is no change to Item 4 of the Original Schedule 13D.

Item 5.      Interest in Securities of the Issuer

    Item 5 of the Original Schedule 13D is hereby amended by replacing it in its entirety with the following:

    (a) The aggregate number of Common Shares beneficially owned by the Reporting Persons as of the date hereof is 2,032,903.  The Reporting Persons are beneficial owners of 12.18% of the outstanding Common Shares.  According to the Issuer's quarterly report for the period ended July 12, 2008, as of August 25, 2008, 16,697,010 Common Shares were outstanding.

    (b) The Reporting Persons have the shared power to vote or direct the vote of, and to dispose or direct the disposition of, the Common Shares beneficially owned by them.

    (c) The following table sets forth all transactions with respect to the Common Shares effected during the past 60 days by the Reporting Persons, inclusive of any transactions effected through 4:00 p.m.,
 
 
New York City time, on November 17, 2008.  Except as otherwise noted all such transactions were effected in the open market.
 
Name of Entity
Date
Number of Shares
Price per Share (in $)
Total Price (In $)
Sorensen Trust
9/29/2008
1,900
.50000
950.00
Sorensen Trust
9/29/2008
8,000
.50000
4,000.00
Sorensen Trust
9/29/2008
100
.50000
50.00
Sorensen Trust
10/8/2008
10,000
.26000
2,600.00
Sorensen Trust
10/8/2008
5,900
.25000
1,475.00
Sorensen Trust
10/8/2008
19,000
.25000
4,750.00
Sorensen Trust
10/8/2008
100
.25000
25.00
Sorensen Trust
10/9/2008
500
.24000
120.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
200
.24000
48.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
10,971
.24000
2,633.04
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
800
.24000
192.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
350
.24000
84.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
100
.24000
24.00
Sorensen Trust
10/9/2008
2,000
.24000
480.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
1,200
.30000
360.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
200
.30000
60.00
 
 
 
 
 
Sorensen Trust
10/14/2008
200
.30000
60.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
579
.30000
173.70
Sorensen Trust
10/14/2008
700
.30000
210.00
Sorensen Trust
10/14/2008
100
.29000
29.00
Sorensen Trust
10/14/2008
200
.30000
60.00
Sorensen Trust
10/14/2008
1,421
.30000
426.30
Sorensen Trust
10/14/2008
2,036
.30000
610.80
Sorensen Trust
10/14/2008
300
.30000
90.00
Sorensen Trust
10/14/2008
600
.30000
180.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
14,443
.30000
4,332.90
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
9,900
.30000
2,970.00
Sorensen Trust
10/14/2008
400
.30000
120.00
Sorensen Trust
10/14/2008
2,500
.30000
750.00
Sorensen Trust
10/14/2008
1,100
.30000
330.00
Sorensen Trust
10/14/2008
5,000
.30000
1,500.00
Sorensen Trust
10/14/2008
1,000
.30000
300.00
Sorensen Trust
10/14/2008
100
.29000
29.00
Sorensen Trust
10/14/2008
300
.29000
87.00
Sorensen Trust
10/14/2008
100
.29000
29.00
Sorensen Trust
10/14/2008
200
.30000
60.00
Sorensen Trust
10/14/2008
100
.30000
30.00
Sorensen Trust
10/14/2008
200
.30000
60.00
Sorensen Trust
10/14/2008
2,000
.30000
600.00
Sorensen Trust
10/14/2008
400
.30000
120.00
Sorensen Trust
10/14/2008
200
.30000
60.00
Sorensen Trust
10/14/2008
4,800
.30000
1,440.00
Sorensen Trust
10/14/2008
199
.30000
59.70
Sorensen Trust
10/14/2008
199
.30000
59.70
Sorensen Trust
10/14/2008
11,200
.30000
3,360.00
Sorensen Trust
10/14/2008
2
.30000
.60
Sorensen Trust
10/16/2008
999,914
.29997
299,944.20
Sorensen Trust
10/24/2008
200
.35000
70.00
Sorensen Trust
10/24/2008
300
.35000
105.00
Sorensen Trust
10/24/2008
200
.35000
70.00
Sorensen Trust
10/24/2008
600
.35000
210.00
Sorensen Trust
10/24/2008
2,900
.35000
1,015.00
Sorensen Trust
10/24/2008
34,600
.35000
12,110.00
Sorensen Trust
10/24/2008
100
.33000
33.00
Sorensen Trust
10/24/2008
700
.33000
231.00
Sorensen Trust
10/24/2008
100
.33000
33.00
Sorensen Trust
10/24/2008
300
.33000
99.00
Sorensen Trust
10/24/2008
700
.33000
231.00
Sorensen Trust
10/24/2008
100
.33000
33.00
Sorensen Trust
10/24/2008
300
.33000
99.00
Sorensen Trust
10/24/2008
1,600
.33000
528.00
 
 
 
Sorensen Trust
10/24/2008
100
.33000
33.00
Sorensen Trust
10/24/2008
300
.33000
99.00
Sorensen Trust
10/24/2008
3,900
.33000
1,287.00
Sorensen Trust
10/24/2008
1,200
.33000
396.00
Sorensen Trust
10/24/2008
4,500
.33000
1,485.00
Sorensen Trust
10/24/2008
100
.33000
33.00
Sorensen Trust
10/24/2008
23,500
.33000
7,755.00
Sorensen Trust
10/27/2008
100
.35000
35.00
Sorensen Trust
10/27/2008
100
.34000
34.00
Sorensen Trust
10/27/2008
100
.32000
32.00
Sorensen Trust
10/27/2008
500
.34500
172.50
Sorensen Trust
10/27/2008
5,000
.33000
1,650.00
Sorensen Trust
10/27/2008
600
.33000
198.00
Sorensen Trust
10/27/2008
95
.33000
31.35
Sorensen Trust
10/27/2008
1,000
.33000
330.00
Sorensen Trust
10/27/2008
100
.34000
34.00
Sorensen Trust
10/27/2008
5,700
.35000
1,995.00
Sorensen Trust
10/27/2008
4,300
.35000
1,505.00
Sorensen Trust
10/27/2008
700
.35000
245.00
Sorensen Trust
10/27/2008
200
.35000
70.00
Sorensen Trust
10/27/2008
100
.35000
35.00
Sorensen Trust
10/27/2008
2,000
.35000
700.00
Sorensen Trust
10/27/2008
248,000
.35000
86,800.00
Sorensen Trust
10/27/2008
2,000
.35000
700.00
Sorensen Trust
10/27/2008
37,000
.35000
12,950.00
Sorensen Trust
10/27/2008
2,600
.35000
910.00
Sorensen Trust
10/27/2008
200
.35000
70.00
Sorensen Trust
10/27/2008
100
.35500
35.50
Sorensen Trust
10/27/2008
100
.35500
35.50
Sorensen Trust
10/27/2008
2,300
.35500
816.50
Sorensen Trust
10/27/2008
7,000
.35500
2,485.00
Sorensen Trust
10/27/2008
4,500
.35500
1,597.50
Sorensen Trust
10/27/2008
1,100
.35500
390.50
Sorensen Trust
10/27/2008
4,200
.35500
1,491.00
Sorensen Trust
10/27/2008
1,100
.35500
390.50
Sorensen Trust
10/27/2008
2,100
.35500
745.50
Sorensen Trust
10/27/2008
1,100
.35500
390.50
Sorensen Trust
10/27/2008
1,100
.35500
390.50
Sorensen Trust
10/27/2008
100
.36000
36.00
Sorensen Trust
10/27/2008
5,000
.37000
1,850.00
Sorensen Trust
10/27/2008
2,613
.36000
940.68
Sorensen Trust
10/27/2008
100
.37000
37.00
Sorensen Trust
10/27/2008
100
.37000
37.00
Sorensen Trust
10/27/2008
100
.39000
39.00
Sorensen Trust
10/27/2008
100
.39000
39.00
Sorensen Trust
10/27/2008
400
.39500
158.00
Sorensen Trust
10/27/2008
500
.40000
200.00
Sorensen Trust
10/27/2008
1,300
.38000
494.00
Sorensen Trust
10/27/2008
1,300
.40000
520.00
 
 
 
Sorensen Trust
10/27/2008
100
.40000
40.00
Sorensen Trust
10/27/2008
1,300
.40000
520.00
Sorensen Trust
10/27/2008
500
.40000
200.00
Sorensen Trust
10/27/2008
100
.40000
40.00
Sorensen Trust
10/27/2008
18,500
.40000
7,400.00
Sorensen Trust
10/27/2008
8,235
.40000
3,294.00
Sorensen Trust
10/27/2008
3,000
.40000
1,200.00
Sorensen Trust
10/27/2008
100
.40000
40.00
Sorensen Trust
11/4/2008
90,700
.41000
37,187.00
Sorensen Trust
11/4/2008
200
.41000
82.00
Sorensen Trust
11/4/2008
110
.41000
45.10
Sorensen Trust
11/7/2008
361,400
.41000
148,174.00
Sorensen Trust
11/7/2008
100
.41000
41.00
Sorensen Trust
11/12/2008
550
.41000
225.50
 
    (d) Except as set forth in this Item 5, no person is known to have the right to receive or to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by the Reporting Persons.

    (e) Not applicable.

Item 6.      Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

    There is no change to Item 6 of the Original Schedule 13D.
 
 

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 as of November 17, 2008

 
SORENSEN TRUST
 
 
 
  
 
By:
 /s/ D. Stephen Sorensen
   
D. Stephen Sorensen
Trustee
 
/s/ Shannon P. Sorensen
   
Shannon P. Sorensen
Trustee
 
  

   
  /s/ D. STEPHEN SORENSEN  
 
D. STEPHEN SORENSEN
  

   
  /s/ SHANNON P. SORENSEN  
 
SHANNON P. SORENSEN
  

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