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Proc-Type: 2001,MIC-CLEAR
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) HARRINGTON WEST FINANCIAL GROUP, INC. (Name of Issuer) Common Stock, $.01 par value per share (Title of Class of Securities) 41383L 10 4 (CUSIP Number) October 26, 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: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) 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). 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Douglas T. Breeden N/A 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 562,475 6 SHARED VOTING POWER 459,237 7 SOLE DISPOSITIVE POWER 562,475 8 SHARED DISPOSITIVE POWER 459,237 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,021,712 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.4% 12 TYPE OF REPORTING PERSON IN
1 |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wyandotte Community Corporation |
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] |
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3 |
SEC USE ONLY
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CITIZENSHIP OR PLACE OF ORGANIZATION Indiana |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 |
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6 |
SHARED VOTING POWER 126,035 |
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7 |
SOLE DISPOSITIVE POWER 0 |
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8 |
SHARED DISPOSITIVE POWER 126,035 |
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 126,035 |
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10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] |
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.3% |
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12 |
TYPE OF REPORTING PERSON CO |
1 |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Breeden Family Trust |
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] |
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3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0 |
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6 |
SHARED VOTING POWER 333,202 |
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7 |
SOLE DISPOSITIVE POWER 0 |
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8 |
SHARED DISPOSITIVE POWER 333,202 |
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 333,202 |
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10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] |
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0% |
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12 |
TYPE OF REPORTING PERSON CO |
Item 1. (a) |
Name of Issuer: Harrington West Financial Group, Inc. |
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(b) |
Address of Issuer's Principal Executive Offices: |
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610 Alamo Pintado Road Solvang, CA 93463 |
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Item 2. (a) |
Name of Persons Filing: |
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(i) |
Douglas T. Breeden, Ph.D. ("Dr. Breeden") |
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(ii) |
Wyandotte Community Corporation ("Wyandotte") |
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(b) |
Address of Principal Business Office for Each of the Above: |
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(i) |
Douglas T. Breeden c/o The Breeden Group Attn: Allen Lyles 100 Europa Drive, Number 589 Chapel Hill, NC 27517 |
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(ii) |
Wyandotte Community Corporation |
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(c) |
Citizenship or Place of Organization: |
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(i) |
Dr. Breeden is a citizen of the United States of America. |
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(ii)
(iii) |
Wyandotte is an Indiana Corporation.
Breeden Family Trust is a trust organized under the laws of the State of Delaware. |
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(d) |
Title of Class of Securities: Common Stock, $.01 par value per share |
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(e) |
CUSIP Number: 41383L 10 4 |
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Item 3. |
If this Statement is Filed Pursuant to Rules 13d-1(b) or 13d-2(b) or (c), Check Whether the Person Filing is a: |
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(a) [ ] |
Broker or dealer registered under Section 15 of the Exchange Act; |
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(b) [ ] |
Bank as defined in Section 3(a)(6) of the Exchange Act; |
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(c) [ ] |
Insurance company as defined in Section 3(a)(19) of the Exchange Act; |
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(d) [ ] |
Investment company registered under Section 8 of the Investment Company Act; |
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(e) [ ] |
An investment adviser in accordance with Rule 13d- 1(b)(1)(ii)(E); |
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(f) [ ] |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
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(g) [ ] |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
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(h) [ ] |
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act; |
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(i) [ ] |
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; |
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(j) [ ] |
Group, in accordance with Rule 13d-1(b)(1) (ii)(J). |
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Item 4. |
Ownership. |
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Dr. Breeden is the President, Chairman, and 99% owner of Wyandotte. As such, Dr. Breeden may be deemed to control Wyandotte and share the power to vote, direct the vote of, dispose, or direct the disposition of the shares Wyandotte holds. Dr. Breeden also is the Investment Adviser to the Trust and, as such, shares with the Trust the power to vote, direct the vote of, dispose, or direct the disposition of the shares the Trust holds. |
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(a) |
Amount beneficially owned:
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(i) |
Dr. Breeden: 1,021,712* |
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(ii)
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Wyandotte: 126,035
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(iii) |
The Trust: 333,202 |
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(b) |
Percent of class: |
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(i) |
Dr. Breeden: 18.4%** |
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(ii) |
Wyandotte: 2.3%** | ||||
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(iii) |
The Trust: 6.0%** |
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(c) |
Number of shares as to which such person has: |
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(1) |
Sole power to vote or to direct the vote: |
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(i) |
Dr. Breeden: 562,475 |
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(ii)
(iii) |
Wyandotte: 0
The Trust: 0 |
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(2) |
Shared power to vote or to direct the vote: |
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(i) |
Dr. Breeden: 459,237 |
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(ii)
(iii) |
Wyandotte: 126,035
The Trust: 333,202 |
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(3) |
Sole power to dispose or to direct the disposition of : |
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(i) |
Dr. Breeden: 562,475 |
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(ii)
(iii) |
Wyandotte: 0
The Trust: 0 |
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(4) |
Shared power to dispose or to direct the disposition of: |
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(i) |
Dr. Breeden: 459,237 |
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(ii)
(iii) |
Wyandotte: 126,035
The Trust: 333,202 |
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* |
These holdings include those of Wyandotte and the Trust. |
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** |
The percentages used herein are calculated based on the 5,552,803 shares of Common Stock issued and outstanding as of September 30, 2007, as reported in Harrington West Financial Group, Inc.'s (the "Issuer") current report on Form 8-K, filed with the Securities and Exchange Commission by the Issuer on October 25, 2007. |
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Item 5. |
Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ] |
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person: |
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Not Applicable |
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Item 7. |
Identification and Classification of Subsidiaries which Acquired the Security Being Reported on by the Parent Holding Company: |
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Not Applicable |
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Item 8. |
Identification and Classification of Members of the Group: |
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Not Applicable |
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Item 9. |
Notice of Dissolution of Group: |
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Not Applicable |
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Item 10. |
Certification: |
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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 purposed 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. |
SIGNATURES
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.
Date: October 29, 2007 |
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DOUGLAS T. BREEDEN |
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By: |
/s/ R. Allen Lyles, Attorney-in fact for |
Douglas T. Breeden |
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WYANDOTTE COMMUNITY CORPORATION |
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By: |
/s/ R. Allen Lyles, Attorney-in fact for |
Douglas T. Breeden |
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Title: President and Chairman |
BREEDEN FAMILY TRUST
By: |
/s/ R. Allen Lyles, Attorney-in fact for |
Douglas T. Breeden |
EXHIBIT INDEX
Exhibit 99.1 - Power of Attorney, dated September 7, 2007
POWER OF ATTORNEY
Know all by these presents that the undersigned hereby constitutes and appoints R. Allen Lyles, with full power of substitution, the undersigned's true and lawful attorney-in-fact to:
(1) |
prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") any necessary or appropriate amendments to the undersigned's Form ID and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 13 or Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder (the "Act") or any other rule or regulation of the SEC; |
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(2) |
execute for and on behalf of the undersigned, in any appropriate capacity, Forms 3, 4, and 5 and all amendments thereto, in accordance with Section 16(a) of the Act, and all filings on Schedule 13D or Schedule 13G, and all amendments thereto, in accordance with Section 13 of the Act; |
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(3) |
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or Schedule 13D or Schedule 13G, complete and execute any amendment or amendments thereto, and timely file such form or schedule with the SEC and any stock exchange or similar authority; and |
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(4) |
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. |
The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is any applicable issuer assuming, any of the undersigned's responsibilities to comply with Sections 13 or 16 of the Act.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 or Schedule 13D or Schedule 13G with respect to the undersigned's holdings of and transactions in securities, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 7th day of September, 2007.
/s/ Douglas T. Breeden |
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Douglas T. Breeden |