SEC Info - Palmer Family Trust Survivors Share - ‘SC 13D/A’ on 5/17/02 re: Pulse Electronics Corp

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Palmer Family Trust Survivors Share – ‘SC 13D/A’ on 5/17/02 re: Pulse Electronics Corp

On: Friday, 5/17/02, at 4:04pm ET · Accession #: 1118378-2-56 · File #: 5-13574

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/17/02  Palmer Family Tr Survivors Share  SC 13D/A               1:11K  Pulse Electronics Corp            Fitzsimmons Amy C/FA

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment No. 2 to Schedule 13D                        5     22K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Common Stock Contracts, Arrangements, Understandings or Relationships with Respect Identity and Background Interest in Securities of the Issuer Material to Be Filed as Exhibits Palmer Family Trust - Survivor's Share Purpose of the Transaction Security and Issuer Source and Amount of Funds and Other Consideration
1	1st Page - Filing Submission
"	Common Stock
2	Palmer Family Trust - Survivor's Share
3	Item 1. Security and Issuer
"	Item 2. Identity and Background
"	Item 3. Source and Amount of Funds and Other Consideration
4	Item 4. Purpose of the Transaction
"	Item 5. Interest in Securities of the Issuer
5	Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
"	Item 7. Material to Be Filed as Exhibits

SC 13D/A 1st Page of 5 TOC ↑Top Previous Next ↓Bottom Just 1st
 
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 2)*

Technitrol, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

 878555101
(CUSIP Number)

Eric D. Schoenborn, Esquire, Stradley, Ronon, Stevens & Young, LLP
 Woodland Falls Corporate Park, 210 Lake Drive East, Suite 102
 Cherry Hill, New Jersey 08002
(856) 321-2413

 (Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications) 

April 16, 2002
 (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 ss.ss. 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).                                                                         

SC 13D/A 2nd Page of 5 TOC 1st Previous Next ↓Bottom Just 2nd
SCHEDULE 13D

___________________________                                                     

CUSIP No.       878555101                                                       
___________________________                                                     

------------- ------------------------------------------------------------------

1        NAME OF REPORTING PERSON                                     
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON   

                      PALMER FAMILY TRUST - SURVIVOR'S SHARE

------------- ------------------------------------------------------------------

2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) [ ] 
(b) [ ]                           

------------- ------------------------------------------------------------------

3         SEC USE ONLY                                                

------------- ------------------------------------------------------------------

4        SOURCE OF FUNDS*                                             

00              
------------- ------------------------------------------------------------------

    5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]                           

------------- ------------------------------------------------------------------

6        CITIZENSHIP OR PLACE OF ORGANIZATION                         

N/A             
--------------------------- -------------- -------------------------------------

              7        SOLE VOTING POWER
NUMBER OF                                                       
SHARES                                            0         
       BENEFICIALLY         -------------- -------------------------------------
OWNED BY                                                      
EACH                   8        SHARED VOTING POWER       
REPORTING                                                       
PERSON                                    1,779,184         
           WITH             -------------- -------------------------------------

                   9        SOLE DISPOSITIVE POWER

                                         0
                            -------------- -------------------------------------

                    10        SHARED DISPOSITIVE POWER

                                 1,779,184
------------- ------------------------------------------------------------------

2 

SC 13D/A 3rd Page of 5 TOC 1st Previous Next ↓Bottom Just 3rd
------------- ------------------------------------------------------------------

11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  

                                 1,779,184
------------- ------------------------------------------------------------------

12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*                                     [ ]     

------------- ------------------------------------------------------------------

13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)            

                        4.4%
------------- ------------------------------------------------------------------

14        TYPE OF REPORTING PERSON*                                     

                      00
------------- ------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!

This statement is the second amendment to the statement on Schedule 13D filed by
the Palmer Family Trust - Survivor's  Share.  This  amendment is filed to report
that the Palmer Family  Trust-Survivor's  Share has ceased to be the  beneficial
owner of more than five percent of the common stock of the issuer.              

Item 1.  Security and Issuer.                                                   
-------------------                                           

          This statement on Schedule 13D relates to the common stock, $0.125 par
value (the "Common Stock"),  of Technitrol,  Inc., 1210 Northbrook Drive,  Suite
385, Trevose, PA 19053 (the "Company").                                         

Item 2.  Identity and Background.                                               
-----------------------                                       

          The  person  filing  this   statement  is  the  "Palmer  Family  Trust
-Survivor's  Share"  (the  "Survivor's  Share")1.   All  correspondence  to  the
Survivor's Share shall be forwarded to the following address:                   

The Palmer Family Trust   
     c/o J. Barton Harrison, Trustee
1452 County Line Rd.      
Rosemont, PA  19010-1404  

Item 3.  Source and Amount of Funds and Other Consideration.                    
--------------------------------------------------            

          N/A. As per the terms of the "Palmer  Family  Trust",  as amended (the
"Trust"),  the shares were  administered and distributed to the Survivor's Share
following the death of Gordon Palmer, Jr.                                       

----------                                                                      
1 J. Barton Harrison, a co-trustee of the Survivor's Share, disclaims beneficial
ownership in the shares beneficially owned by the Survivor's Share. See Item 5. 

3 

SC 13D/A 4th Page of 5 TOC 1st Previous Next ↓Bottom Just 4th
Item 4.  Purpose of the Transaction.                                            
--------------------------                                    

          The Survivor's  Share  initially  received shares of Common Stock as a
result of the death of Gordon Palmer,  Jr. The Survivor's  Share intends to make
dispositions of shares of Common Stock to certain charitable organizations.     

Item 5.  Interest in Securities of the Issuer.                                  
------------------------------------                          

          As  of  the  date  hereof,  the  Survivor's  Share  beneficially  owns
1,779,184  shares of Common  Stock,  or  approximately  4.4% of the  outstanding
Common Stock.2 The  Survivor's  Share shares voting and  dispositive  power over
such shares.                                                                    

          In April 2002, the Survivor's Shares ceased to be the beneficial owner
of more than five percent of the outstanding  Common Stock of the Company.  This
is the result of the Company  issuing  additional  shares of its Common Stock in
April 2002 pursuant to a public offering.                                       

          All shares  beneficially owned by the Survivor's Share derive from the
Trust. The Trust was formed pursuant to a trust instrument dated August 27, 1991
in which the settlors (Gordon Palmer, Jr. and Virginia Frese Palmer) transferred
to the Trust certain  assets  including  shares of the Common Stock.  As per the
terms of the Trust, upon the death of either settlor, the remainder of the Trust
shall be divided into two shares (the  Survivor's  Share and the Residuary Trust
Share) which shall be held,  administered  and  distributed as separate  trusts.
Gordon Palmer, Jr. died on March 30, 1997 causing the Trust to be split into the
Survivor's  Share and the  Residuary  Trust  Share.  The  Residuary  Trust Share
beneficially  owns less than five percent of the Common  Stock.  The  beneficial
ownership of the Survivor's Share is reported herein.                           

          The  Survivor's  Share  is  revocable  by  Mrs.  Palmer,  and she is a
co-trustee of such trust along with J. Barton  Harrison.  Mrs.  Palmer is also a
beneficiary of the  Survivor's  Share during her lifetime.  Given Mrs.  Palmer's
ability to revoke the trust,  the Survivor's Share shares voting and dispositive
power with Mrs. Palmer with respect to the 1,779,184  shares  disclosed  herein.
Given  the  revocation  powers of Mrs.  Palmer as  settlor  and her  voting  and
dispositive  powers as co-trustee of the Survivor's  Share,  J. Barton  Harrison
disclaims  beneficial  ownership of all shares of the Common Stock  beneficially
owned by the Survivor's Share.                                                  

          The  information  required  by Item 2 for the  persons  with  whom the
Survivor's Share shares voting power is as follows:                             

                  Mrs. Virginia Frese Palmer
                   7147 E. Sabino Vista Circle
             Tucson, AZ 85750-2631

----------                                                                      
2 Based on  40,059,895  shares of Common  Stock  outstanding  on April 22, 2002.
Share amounts reflect two-for-one stock split on November 27, 2000.             

4 

SC 13D/A Last Page of 5 TOC 1st Previous Next ↓Bottom Just 5th
          Mrs. Palmer is not currently  employed and has not been convicted in a
criminal  proceeding nor been a party to any civil proceeding related to federal
or state securities laws within the last five years. Mrs. Palmer is a citizen of
the United States of America.                                                   

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect  
       ---------------------------------------------------------------------
to Securities of the Issuer.                                  
----------------------------                                  

See Item 5.                                                 

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.                                                                        

Dated:  May 8, 2002                                                             

PALMER FAMILY TRUST - SURVIVOR'S SHARE                                          

By: /s/ J. Barton Harrison                  By: /s/ Virginia Frese Palmer       
    --------------------------------            --------------------------------
J. Barton Harrison                          Virginia Frese Palmer       
Trustee                                     Trustee                     

5

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D/A’ Filing	Date	First	Last	Other Filings

Filed on:	5/17/02			SC 13D/A
	5/8/02	5
	4/22/02	4
	4/16/02	1
	11/27/00	4
	3/30/97	4
				List all Filings

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Filing Submission 0001118378-02-000056 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Palmer Family Trust Survivors Share – ‘SC 13D/A’ on 5/17/02 re: Pulse Electronics Corp

On: Friday, 5/17/02, at 4:04pm ET · Accession #: 1118378-2-56 · File #: 5-13574

Previous ‘SC 13D’: ‘SC 13D/A’ on 11/14/00 · Latest ‘SC 13D’: This Filing

Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents