0000950137-01-503721.txt : 20011009 0000950137-01-503721.hdr.sgml : 20011009 ACCESSION NUMBER: 0000950137-01-503721 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010925 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORLEY RICHARD D CENTRAL INDEX KEY: 0001007996 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 416 ST MARK CT CITY: PEORIA STATE: IL ZIP: 61603 MAIL ADDRESS: STREET 1: 416 ST MARK CT CITY: PEORIA STATE: IL ZIP: 61603 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMPETITIVE TECHNOLOGIES INC CENTRAL INDEX KEY: 0000102198 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 362664428 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-08250 FILM NUMBER: 1744503 BUSINESS ADDRESS: STREET 1: 1960 BRONSON ROAD STREET 2: P.O. BOX 340 CITY: FAIRFIELD STATE: CT ZIP: 06430 BUSINESS PHONE: 2032256044 MAIL ADDRESS: STREET 1: 1960 BRONSON ROAD STREET 2: P.O. BOX 340 CITY: FAIRFIELD STATE: CT ZIP: 06430 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSITY PATENTS INC DATE OF NAME CHANGE: 19920703 SC 13D/A 1 c65146a1sc13da.txt AMENDMENT TO SCHEDULE 13D 1 SCHEDULE 13D (RULE 13d-101) Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a) SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* COMPETITIVE TECHNOLOGIES INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON, $.01 par value -------------------------------------------------------------------------------- (Title of Class of Securities) 204512107 -------------------------------------------------------------------------------- (CUSIP Number) Richard D. Corley Copy to: Brent H. Gwillim 1101 Main Street Heyl Royster Voelker & Allen Peoria, Illinois 61606 124 S.W. Adams, Suite 600 Peoria, Illinois 61602 (309) 676-0400 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 11, 2001 -------------------------------------------------------------------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box / /. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) 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 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). 2 CUSIP NO. 204512107 13D PAGE 2 OF 4 PAGES -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Richard D. Corley ###-##-#### -------------------------------------------------------------------------------- 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 ITEM 2(d) OR 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 323,200 SHARES ----------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY EACH ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 323,200 PERSON ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH -0- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 323,200 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.3%(1)*: -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON*: IN -------------------------------------------------------------------------------- (1) Percentage is based upon 6,124,537 shares of common stock outstanding as of June 1, 2001. *: SEE INSTRUCTIONS BEFORE FILLING OUT! 3 CUSIP NO. 204512107 PAGE 3 OF 4 PAGES -------------------------------------------------------------------------------- INTRODUCTION This statement ("Amendment No. 1") amends the Schedule 13D filed December 10, 1999 by Richard D. Corley. This statement relates to the Common Stock, $.01 par value of Competitive Technologies Inc. ITEM 1. SECURITY AND ISSUER: Unchanged. ITEM 2. IDENTITY AND BACKGROUND: Unchanged. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: Unchanged. ITEM 4. PURPOSE OF TRANSACTION: Item 4 is amended as follows: Richard D. Corley has determined, subsequent to the initial filing of Schedule 13D, which was filed on December 10, 1999, that he intends to cause a change in the present board of directors and management. 4 CUSIP NO. 204512107 PAGE 4 OF 4 PAGES -------------------------------------------------------------------------------- ITEM 5. INTEREST IN SECURITIES OF THE ISSUER: Item 5 is amended as follows: (a) Richard D. Corley beneficially owns 323,200 shares of Competitive Technologies Inc. common stock, representing 5.3% of the 6,124,537 shares of Competitive Technologies Inc. common stock outstanding at June 1, 2001. (b) Sole voting power: 323,200 Shared voting power: 0 Sole dispositive power: 323,200 Shared dispositive power: 0 (c) During the past sixty days, Richard D. Corley has not effected any transaction in the common stock of Competitive Technologies Inc. except for the transaction in which he purchased 2,000 common shares of Competitive Technologies Inc. at $6.00 per share. The transaction was effected by Morgan Stanley Dean Witter on the open market. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER: Unchanged. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS: Unchanged. 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. Dated September 14, 2001 /s/ Richard D. Corley -------------------------------------- Richard D. Corley