-----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, O5InP+oZsbzJpHNlOdb2s8RNCmMgzcJga6PXwRQZb0r1THW/0dLNpWJO7nNIbQUJ n0Cm5oR+/D1m0idsBwilRA== 0000948520-05-000105.txt : 20050506 0000948520-05-000105.hdr.sgml : 20050506 20050506142609 ACCESSION NUMBER: 0000948520-05-000105 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050506 DATE AS OF CHANGE: 20050506 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL VERMONT PUBLIC SERVICE CORP CENTRAL INDEX KEY: 0000018808 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 030111290 STATE OF INCORPORATION: VT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42346 FILM NUMBER: 05807200 BUSINESS ADDRESS: STREET 1: 77 GROVE ST CITY: RUTLAND STATE: VT ZIP: 05701 BUSINESS PHONE: 802-773-2711 MAIL ADDRESS: STREET 1: 77 GROVE STREET CITY: RUTLAND STATE: VT ZIP: 05701 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZUCKER JERRY CENTRAL INDEX KEY: 0001040211 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O THE INTERTECH GROUP INC STREET 2: 4838 JENKINS AVE CITY: N CHARLESTON STATE: SC ZIP: 29405 MAIL ADDRESS: STREET 1: C/O INTERTECH GROUP INC STREET 2: 4838 JENKINS AVE CITY: N CHARLESTON STATE: SC ZIP: 29405 SC 13D 1 schd13d5-05.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* Central Vermont Public Service Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 155771108 - -------------------------------------------------------------------------------- (CUSIP Number) Jerry Zucker c/o The InterTech Group, Inc. Post Office Box 5205 North Charleston, SC 29405 (843) 744-5174 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with a copy to: George S. King, Jr., Esq. Haynsworth Sinkler Boyd, P.A. Post Office Box 11889 Columbia, South Carolina 29211 (803) 779-3080 April 28, 2005 - -------------------------------------------------------------------------------- (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 240.13d-7 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). Page 2 of 8 SCHEDULE 13D CUSIP NO. 155771108 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only) Jerry Zucker - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 805,400 --------------------------------------------------------------------------- 8. SHARED VOTING POWER 2,000 --------------------------------------------------------------------------- 9. SOLE DISPOSITIVE POWER 805,400 --------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 2,000 --------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 807,400 - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions ) [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.6% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See Instructions) IN - -------------------------------------------------------------------------------- Page 3 of 8 Item 1. Security and Issuer Common stock of Central Vermont Public Service Corporation, 77 Grove Street, Rutland, Vermont 05701 (the "Issuer"). Item 2. Identity and Background Jerry Zucker is a natural person who resides at 16 Buckingham Drive, Charleston, South Carolina 29407. Mr. Zucker's principal occupation is as the chief executive officer of The InterTech Group, Inc., Post Office Box 5205, North Charleston, South Carolina 29406. Mr. Zucker has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to any judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, state or federal securities laws or finding any violation with respect to such laws. Mr. Zucker is a citizen of the State of South Carolina and the United States of America. Item 3. Source and Amount of Funds or Other Consideration The 807,400 shares of common stock as to which this filing relates were purchased for $17,520,096.05 with personal funds. Item 4. Purpose of Transaction Mr. Zucker purchased the Shares for investment purposes. Mr. Zucker is continuing to review the performance of his investment and his investment alternatives. As part of his ongoing review of his investment in the Shares, Mr. Zucker may explore from time to time a variety of alternatives, including the acquisition of additional securities of the Issuer or the disposition of securities of the Issuer in the open market or in privately negotiated transactions. Mr. Zucker may explore other alternatives with respect to his investment in the Shares, including but not limited to an extraordinary corporate transaction involving the Issuer, changes in the present board of directors or management of the Issuer, or changes in the Issuer's business or corporate structure. Although the foregoing reflects activities presently contemplated by Mr. Zucker with respect to the Issuer, the foregoing is subject to change at any time, and there can be no assurance that Mr. Zucker will take any of the actions referred to above. Except as set forth in the preceding paragraph, as of the date hereof, Mr. Zucker does not have any plan or proposal that relates to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; Page 4 of 8 (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. Notwithstanding the foregoing, Mr. Zucker reserves the right to effect any such actions as he may deem necessary or appropriate in the future. Item 5. Interest in Securities of the Issuer Mr. Zucker beneficially owns 807,400 shares, or 6.6%, of the Issuer's common stock. He has sole voting, investment and dispositive power with respect to 805,400 and shares voting, investment and dispositive power with family members as to 2,000. The following shares were acquired in market transactions through brokers in the previous 60 days: Per Share Shares Date Price ------ ---- ----- 5,000 02/18/2005 22.1500 5,000 02/18/2005 22.2500 5,000 02/18/2005 22.2500 1,700 02/18/2005 22.1900 500 02/18/2005 22.2000 100 02/18/2005 22.1500 11,100 02/22/2005 22.2500 1,800 02/22/2005 22.1500 1,600 02/22/2005 22.1200 1,300 02/22/2005 22.1200 600 02/22/2005 22.1500 400 02/22/2005 22.1100 Page 5 of 8 Per Share Shares Date Price ------ ---- ----- 200 02/22/2005 22.1400 100 02/22/2005 22.1400 5,000 02/23/2005 22.2500 2,800 02/23/2005 22.2500 200 02/23/2005 22.2300 1,500 02/24/2005 22.1000 1,400 02/24/2005 22.1500 800 02/24/2005 22.0500 300 02/24/2005 22.0400 300 02/24/2005 22.0700 4,900 02/25/2005 22.2500 400 02/25/2005 22.2200 100 02/25/2005 22.2100 500 02/28/2005 22.2500 500 03/02/2005 22.2500 200 03/03/2005 22.2500 100 03/03/2005 22.2100 600 03/09/2005 22.2500 2,900 03/10/2005 22.2500 100 03/10/2005 22.2100 1,300 03/11/2005 22.2500 1,400 03/14/2005 22.2500 700 03/15/2005 22.2500 11,800 03/16/2005 22.2500 13,800 03/17/2005 22.2500 600 03/17/2005 22.2200 1,800 03/18/2005 22.2500 800 03/18/2005 22.2000 200 03/18/2005 22.2000 200 03/18/2005 22.2500 2,100 03/22/2005 22.2500 1,900 03/22/2005 22.2600 100 03/22/2005 22.3000 1,900 03/23/2005 22.1500 1,600 03/23/2005 22.0500 1,200 03/23/2005 22.0100 1,100 03/23/2005 22.2000 1,000 03/23/2005 22.1100 1,000 03/23/2005 22.0000 900 03/23/2005 22.1500 800 03/23/2005 22.0500 400 03/23/2005 22.0200 300 03/23/2005 22.1600 300 03/23/2005 22.2500 200 03/23/2005 22.2300 100 03/23/2005 22.2500 100 03/23/2005 22.1200 100 03/23/2005 22.2400 Page 6 of 8 Per Share Shares Date Price ------ ---- ----- 100 03/23/2005 22.0200 100 03/23/2005 22.1000 13,700 03/29/2005 22.2600 25,100 03/30/2005 22.1100 24,500 03/30/2005 22.1000 14,100 03/30/2005 22.1000 700 03/30/2005 22.0000 500 03/30/2005 22.0000 500 03/30/2005 22.2500 300 03/30/2005 22.2300 200 03/30/2005 22.0700 100 03/30/2005 22.0600 11,500 03/31/2005 22.2500 9,200 03/31/2005 22.0200 5,600 03/31/2005 22.1300 4,100 03/31/2005 22.0700 3,300 03/31/2005 22.0500 3,000 03/31/2005 22.2500 2,600 03/31/2005 22.2100 2,500 03/31/2005 22.1000 1,000 03/31/2005 22.1100 500 03/31/2005 22.1400 400 03/31/2005 22.1700 300 03/31/2005 22.0400 200 03/31/2005 22.0600 100 03/31/2005 22.1500 5,500 04/01/2005 22.2500 3,900 04/01/2005 22.2500 900 04/01/2005 22.1000 800 04/01/2005 22.1100 5,000 04/04/2005 22.2300 300 04/04/2005 22.2500 7,200 04/04/2005 22.2500 4,700 04/05/2005 22.2500 2,400 04/05/2005 22.2500 300 04/05/2005 22.2400 400 04/07/2005 22.2000 200 04/07/2005 22.2500 100 04/07/2005 22.2100 1,500 04/08/2005 22.2947 27,400 04/11/2005 22.2600 3,300 04/11/2005 22.2500 1,600 04/12/2005 22.2413 800 04/13/2005 22.1825 11,300 04/15/2005 21.9959 6,300 04/18/2005 21.9953 4,900 04/18/2005 22.0494 400 04/19/2005 21.9200 Page 7 of 8 Per Share Shares Date Price ------ ---- ----- 25,000 04/20/2005 22.0000 5,000 04/20/2005 22.0500 4,700 04/20/2005 21.9000 3,400 04/20/2005 21.8500 2,500 04/20/2005 22.0000 200 04/21/2005 22.0000 19,600 04/22/2005 22.2445 2,300 04/22/2005 22.1917 900 04/22/2005 21.9889 5,600 04/25/2005 22.0480 3,900 04/26/2005 21.6000 2,500 04/27/2005 21.7481 1,000 04/27/2005 21.5750 400 04/27/2005 21.5925 25,000 04/28/2005 19.3500 25,000 04/28/2005 20.2466 5,300 04/28/2005 20.7500 4,900 04/28/2005 20.0000 3,200 04/28/2005 19.5747 2,800 04/28/2005 20.2393 2,400 04/28/2005 19.7133 2,000 04/28/2005 19.4980 2,000 04/28/2005 19.5000 1,700 04/28/2005 20.4706 10,000 04/29/2005 21.0982 7,400 04/29/2005 20.6617 6,200 04/29/2005 21.1000 3,500 04/29/2005 20.2471 800 04/29/2005 21.1750 600 04/29/2005 20.9350 25,000 05/02/2005 21.4948 25,000 05/02/2005 21.4996 5,500 05/02/2005 21.5000 1,700 05/02/2005 21.2500 600 05/02/2005 21.0000 1,300 05/03/2005 21.4193 1,000 05/03/2005 21.2500 25,000 05/04/2005 21.7444 18,000 05/04/2005 21.7489 600 05/04/2005 21.4767 1,100 05/05/2005 21.7318 Page 8 of 8 Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits None. 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. Date: May 6, 2005 s/Jerry Zucker --------------------------------------------- Jerry Zucker -----END PRIVACY-ENHANCED MESSAGE-----