-----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, JIvQWGwwcEnM10N8jOtNq5EHo9NaecOOs1MJLbd/Tgs8nmpnF95X1pc4JKvHPSK5 bT8eST5vXRaM9fai07QOrQ== 0000950152-06-000577.txt : 20060131 0000950152-06-000577.hdr.sgml : 20060131 20060131080617 ACCESSION NUMBER: 0000950152-06-000577 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060131 DATE AS OF CHANGE: 20060131 GROUP MEMBERS: FRANKLIN SAVINGS & LOAN CO EMPLOYEE STOCK OWNERSHIP PLAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FRANKLIN CORP CENTRAL INDEX KEY: 0000742161 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 311221029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39273 FILM NUMBER: 06563976 BUSINESS ADDRESS: STREET 1: 4750 ASHWOOD DR STREET 2: FRANKLIN SAVINGS CITY: CINCINNATI STATE: OH ZIP: 45241 BUSINESS PHONE: 5134695325 MAIL ADDRESS: STREET 1: 4750 ASHWOOD DR CITY: CINCINNATI STATE: OH ZIP: 45241 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SIEMERS THOMAS H CENTRAL INDEX KEY: 0000905139 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 271329576 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 4750 ASHWOOD DR CITY: CINCINNATI STATE: OH ZIP: 45241 BUSINESS PHONE: 5134698000 MAIL ADDRESS: STREET 1: 6927 WHIPPOORWILL DRIVE CITY: CINCINNATI STATE: OH ZIP: 45230 SC 13D/A 1 l18187asc13dza.txt FIRST FRANKLIN CORPORATION/THOMAS H. SIEMERS SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 15)* First Franklin Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 320272 10 7 (CUSIP Number) Terri Reyering Abare Vorys, Sater, Seymour and Pease LLP Suite 2000, Atrium Two 221 East Fourth Street Cincinnati, Ohio 45202 (513) 723-4001 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 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.[ ] * 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. 30243C 10 7 SCHEDULE 13D - --------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons Thomas H. Siemers I.R.S. Identification Nos. of above persons (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- 7. Sole Voting Power 195,520 Number of ----------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 53,874 Owned ----------------------------------------------------------------- By Each 9. Sole Dispositive Power Reporting 150,696 Person ----------------------------------------------------------------- With 10. Shared Dispositive Power 224,986 ----------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 375,682 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 22.3% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- -2- - --------------------- CUSIP No. 30243C 10 7 SCHEDULE 13D - --------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons The Franklin Savings and Loan Company Employee Stock Ownership Plan I.R.S. Identification Nos. of above persons (entities only) 31-1230691 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Ohio - -------------------------------------------------------------------------------- 7. Sole Voting Power -0- Number of ----------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially -0- Owned ----------------------------------------------------------------- By Each 9. Sole Dispositive Power Reporting -0- Person ----------------------------------------------------------------- With 10. Shared Dispositive Power 191,330 ----------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 191,330 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 11.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) EP - -------------------------------------------------------------------------------- -3- ITEM 1. SECURITY AND ISSUER Common shares, par value $.01 per share, of First Franklin Corporation (the "Issuer"). ITEM 2. IDENTITY AND BACKGROUND (a) Thomas H. Siemers The Franklin Savings and Loan Company Employee Stock Ownership Plan (b) Thomas H. Siemers 4750 Ashwood Drive Cincinnati, Ohio 45241 The Franklin Savings and Loan Company Employee Stock Ownership Plan 4750 Ashwood Drive Cincinnati, Ohio 45241 (c) Mr. Siemers is the President and Chief Executive Officer of the Issuer and The Franklin Savings and Loan Company ("Franklin"). (d) Mr. Siemers has not been convicted in any criminal proceeding in the past five years. (e) Mr. Siemers has not been a party to any civil proceeding regarding state or federal securities laws. (f) Mr. Siemers is a citizen of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The source of funds for Mr. Siemers is personal. The source of funds for The Franklin Savings and Loan Company Employee Stock Ownership Plan (the "ESOP") is contributions to the ESOP by Franklin, which is a wholly-owned subsidiary of the Issuer. ITEM 4. PURPOSE OF TRANSACTION Shares beneficially owned by Mr. Siemers have been acquired for investment. The ESOP, for which Mr. Siemers serves as trustee, is maintained for the benefit of the employees of Franklin and may purchase or dispose of shares of the Issuer. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) Mr. Siemers beneficially owns 375,682 shares, which is 22.3% of the total issued and outstanding common shares of the Issuer. The ESOP beneficially owns 191,330 shares, which is 11.5% of the total issued and outstanding common shares of the Issuer. Mr. Siemers is the trustee of the ESOP. (b) Mr. Siemers has sole voting power with respect to 119,821 shares which he owns directly, 30,875 shares subject to vested stock options that he holds and 44,824 shares allocated to his ESOP account. Mr. Siemers has shared voting power with respect to 33,656 shares held by his spouse and 20,218 unallocated ESOP shares for which the ESOP -4- grants voting power to the ESOP administrative committee, of which Mr. Siemers is a member. Mr. Siemers has sole dispositive power with respect to the 119,821 shares he owns directly and the 30,875 shares subject to options. Mr. Siemers has shared dispositive power with respect to the 33,656 shares held by his spouse and the 191,330 shares owned by the ESOP. At December 31, 2005, there were 191,330 shares of the Issuer owned by the ESOP. Under the terms of the ESOP, the trustee votes all of the shares allocated to the accounts of participants as directed by the participants to whose accounts such shares have been allocated. Neither Mr. Siemers nor the ESOP has voting power over shares allocated to others. As of December 31, 2005, 171,112 shares were allocated to accounts of ESOP participants. The trustee has limited power to dispose of the ESOP shares, as set forth in the ESOP and the related trust agreement. The trustee is directed by the ESOP to invest ESOP assets primarily in shares of the Issuer. The ESOP expressly disclaims beneficial ownership of any shares of the Issuer beneficially owned by Mr. Siemers that are not reported above as being owned by both of them. Mr. Siemers expressly disclaims beneficial ownership of shares of the Issuer owned by his adult children who do not live with him. (c) On December 19, 2005, the Issuer's Board of Directors accelerated the vesting of all outstanding employee and director stock options. As a result, Mr. Siemers had 11,375 stock options vest on such date. (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. -5- 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: January 26, 2006 THE FRANKLIN SAVINGS AND LOAN COMPANY EMPLOYEE STOCK OWNERSHIP PLAN /s/ Thomas H. Siemers /s/ Thomas H Siemers - ------------------------------------- ---------------------------------------- Thomas H. Siemers Thomas H. Siemers, Trustee -6- -----END PRIVACY-ENHANCED MESSAGE-----