-----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, VbAqnLFygKnxoD8IwGfVKRRl6Ur2tiXCLdqr60868fH5T8grmlBhlOIi4CvUMhds DZaejW9WMC/asn4DsaiOmg== 0000919574-02-000164.txt : 20020414 0000919574-02-000164.hdr.sgml : 20020414 ACCESSION NUMBER: 0000919574-02-000164 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST INVESTORS FINANCIAL SERVICES GROUP INC CENTRAL INDEX KEY: 0000948034 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 760465087 STATE OF INCORPORATION: TX FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-45119 FILM NUMBER: 02525112 BUSINESS ADDRESS: STREET 1: 675 BERING DR STREET 2: STE 710 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7139772600 MAIL ADDRESS: STREET 1: 675 BERING DR STREET 2: STE 710 CITY: HOUSTON STATE: TX ZIP: 77057 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JAM PARTNERS LP CENTRAL INDEX KEY: 0000944774 IRS NUMBER: 138180714 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE FIFTH AVE. CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2127541422 MAIL ADDRESS: STREET 1: ONE FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10003 SC 13D 1 sy201394002aq4.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No.: * Name of Issuer: First Investors Financial Services Corp. Title of Class of Securities: Common Stock, $0.66 2/3 par value CUSIP Number: 32058A101 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) Sy Jacobs c/o JAM Partners, L.P. and JAM Managers, L.L.C. One 5th Avenue New York, New York 10003 (Date of Event which Requires Filing of this Statement) November 29, 2000 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 [ X ]. 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 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.: 32058A101 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Sy Jacobs 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Source of Funds WC 5. Check 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 Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 12,500 8. Shared Voting Power: 332,000 9. Sole Dispositive Power: 12,500 10. Shared Dispositive Power: 332,000 2 11. Aggregate Amount Beneficially Owned by Each Reporting Person 344,500 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 6.19% 14. Type of Reporting Person IN 3 CUSIP No.: 32058A101 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person JAM Partners, L.P. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Source of Funds WC 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 324,000 8. Shared Voting Power: 0 9. Sole Dispositive Power: 324,000 10. Shared Dispositive Power: 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 324,000 4 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 5.82% 14. Type of Reporting Person PN 5 CUSIP No.: 32058A101 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person JAM Managers, L.L.C. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Source of Funds WC 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 324,000 8. Shared Voting Power: 0 9. Sole Dispositive Power: 324,000 10. Shared Dispositive Power: 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 324,000 6 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 5.82% 14. Type of Reporting Person CO 7 The purpose of this Schedule 13D is to (i) report the ownership of JAM Partners, L.P. (the "Partnership"), JAM Managers L.L.C. (the "Manager") and Sy Jacobs (together with the Partnership and the Manager the "Reporting Persons") in the Common Stock, $0.66 2/3 par value (the "Shares"), of First Investors Financial Services Group, Inc. (the "Issuer") and (ii) to report the switch of the Reporting Persons from the use of Schedule 13G to the use of Schedule 13D to report their beneficial ownership in the Shares of the Issuer. Item 1. Security and Issuer The title of the class of equity securities to which this statement relates is: Common Stock, $.66 2/3 par value, in First Investors Financial Services Group,Inc. The name and address of the principal executive and business office of the Issuer is: First Investors Financial Services Group, Inc. 675 Bering Drive Suite 710 Houston, Texas 77057 Item 2. Identity and Background This statement is being filed on behalf of the Reporting Persons. Mr. Jacobs is the managing member of JAM Managers L.L.C., a Delaware limited liability company (the "Manager"). The Manager is the general partner of JAM Partners, L.P., a Delaware limited partnership (the "Partnership"). Mr. Jacobs also has investment discretion over certain accounts through his role as Trustee for certain trusts and through his membership in an investment club which hold Shares of the Issuer (the "Accounts"). The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdction which resulted in 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 violaitons with respect to such laws. Mr. Jacobs is a citizen of the Untied States of America. 8 Item 3. Source and Amount of Funds or Other Consideration As of the date hereof, the Partnership owns 324,000 Shares; the Manager is deemed to beneficially own 324,000 Shares; and Sy Jacobs is deemed to beneficially own 344,500 Shares. All of the Shares were purchased in open market transactions by the Reporting Persons. The funds for the purchase of the Shares held in the Partnership have come from the working capital of the Partnership. No funds were borrowed to purchase any of the Shares. Item 4. Purpose of Transactions The purpose of this Schedule 13D is to report the Reporting Persons' change from using Schedule 13G to report their beneficial ownership of Shares. On November 29, 2000, Mr. Jacobs was elected to the Board of Directors of the Issuer. Item 5. Interest in Securities of Issuer As of the date hereof, the Partnership owns 324,000 Shares. The Manager is deemed to beneficially own 324,000 Shares of the Issuer and Mr. Jacobs is deemed to be the beneficial owner of 344,500 Shares. Based on the Issuer's filing on Form 10-Q on October 31, 2000, there were 5,566,669 Shares outstanding. Therefore, the Partnership owns 5.82% of the outstanding Shares, the Manager is deemed to beneficially own 5.82% of the outstanding Shares and Mr. Jacbos is deemed to beneficially own 6.19% of the outstanding Shares. The Reporting Persons have the sole or shared power to vote, direct the vote, dispose of or direct the disposition of all the Shares that they own or are deemed to beneficially own. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer No change. 9 Item 7. Material to be Filed as Exhibits 1. An agreement relating to the filing of a joint statement as required by Rule 13d-1(f) under the Securities Exchange Act of 1934 is filed herewith as Exhibit A. 2. A description of the transactions in the Shares that were effected by the Reporting Person during the 60 days prior to November 29, 2000 through September 30, 2000 is filed herewith as Exhibit B. 10 Signature The undersigned, after reasonable inquiry and to the best of their knowledge and belief, certify that the information set forth in this statement is true, complete and correct. SY JACOBS /s/ Sy Jacobs ______________________________ Sy Jacobs JAM PARTNERS, L.P. By: JAM Managers L.L.C. General Partner By: /s/ Sy Jacobs _______________________________ Name : Sy Jacobs Title: Managing Member JAM MANAGERS L.L.C. By: /s/ Sy Jacobs ___________________________ Name : Sy Jacobs, Title: Managing Member January 28, 2001 11 Exhibit A AGREEMENT The undersigned agree that this Schedule 13D dated November 29, 2000 relating to the Common Stock par value $0.66 2/3 of First Investors Financial Services Group, Inc. shall be filed on behalf of the undersigned. SY JACOBS /s/ Sy Jacobs ______________________________ Sy Jacobs JAM PARTNERS, L.P. By: JAM Manager L.L.C. General Partner By: /s/ Sy Jacobs _______________________________ Name : Sy Jacobs Title: Managing Member JAM MANAGERS L.L.C. By: /s/ Sy Jacobs ___________________________ Name : Sy Jacobs, Title: Managing Member 12 Exhibit B Schedule of Transactions Date Price Per Share Number of Shares None None None 13 01394002.AQ4 -----END PRIVACY-ENHANCED MESSAGE-----