Palmer Family Trust Survivors Share – ‘SC 13D/A’ on 11/14/00 re: Pulse Electronics Corp

On:  Tuesday, 11/14/00, at 12:38pm ET   ·   Accession #:  950159-0-439   ·   File #:  5-13574

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

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment to General Statement of Beneficial           6     24K 
                          Ownership                                              

Document Table of Contents

SC 13D/A
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

 Under the Securities Exchange Act of 1934 (Amendment No.1)*

Technitrol, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

 878555101
(CUSIP Number)

Eric D. Schoenborn, Esquire,
Stradley, Ronon, Stevens & Young, LLP,
2600 One Commerce Square, 
Philadelphia, PA 19103, 
(215) 564-8085
 (Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications) 

May 16, 2000
 (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
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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             
------------- ------------------------------------------------------------------

NUMBER OF                    7    SOLE VOTING POWER             
SHARES                                                      
BENEFICIALLY                                          0           
         OWNED BY           ----------------------------------------------------
EACH                      8     SHARED VOTING POWER       
REPORTING                                                       
PERSON                                    890,092           
           WITH             ----------------------------------------------------
                      9     SOLE DISPOSITIVE POWER

                                           0
                            ----------------------------------------------------
                   10         SHARED DISPOSITIVE POWER

                               890,092

2 

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11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 

                           890,092
------------- ------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES       
CERTAIN SHARES* [ ]                                 

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

                        5.4%
------------- ------------------------------------------------------------------
14       TYPE OF REPORTING PERSON*                                    

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

This statement is the first  amendment to the statement on Schedule 13D filed by
the Palmer Family Trust - Survivor's  Share.  This  amendment is filed to report
changes  in  beneficial  ownership  as a result of  charitable  gifts as further
described in Item 5 below.                                                      

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.                                 

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.

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

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 

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

                  As of the date hereof,  the Survivor's Share beneficially owns
890,092 shares of Common Stock, or approximately  5.4% of the outstanding Common
Stock.2 The  Survivor's  Share  shares  voting and  dispositive  power over such
shares.                                                                         

                  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 890,092  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

                  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.                            

                  Since   September  29,  1997  (date  of  Schedule   13D),  the
Survivor's  Share was involved in the following  transactions:  Charitable gifts
were made by the  Survivor's  Shares on or about  June 3, 1998  (2,500  shares),
March 13, 2000  (10,000  shares),  April 10, 2000 (7,500  shares),  May 16, 2000
(30,000 shares), June 22, 2000 (16,000 shares) and July 25, 2000 (1,500 shares).
On or about December 23, 1998, the Survivor's Share received 11,212 shares via a
transfer  from  the  Residuary   Trust  Share   resulting   from  an  accounting
reconciliation  between the Survivor's  Share and the Residuary Trust Share as a
result of settling the Trust.  In addition,  on or about June 22, 2000,  500,000
shares were removed from the Survivor's  Share and gifted by Mrs.  Palmer to the
Virginia  Frese  Palmer  Charitable  Remainder  Unitrust,  dated  June 20,  2000
("Unitrust"),  and a similar gift of 300,000  shares was made to the Unitrust on

------------------------                                                        
2    Based on  16,614,164  shares of Common Stock  outstanding  on September 29,
2000.                                                                 

4 

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September 13, 2000. The Unitrust is irrevocable, and Mrs. Palmer is a co-trustee
of the Unitrust along with J. Barton Harrison. Mrs. Palmer is also a beneficiary
of the Unitrust during her lifetime.                                            

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.                                                         

5 

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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:  November 6, 2000                                                        

PALMER FAMILY TRUST - SURVIVOR'S SHARE                                          

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

6 

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13D/A’ Filing		Date		First		Last			Other Filings
Filed on:		11/14/00							SC 13D/A
		11/6/00		6
		9/29/00		4					10-Q
		9/13/00		5
		7/25/00		4
		6/22/00		4
		6/20/00		4
		5/16/00		1		4
		4/10/00		4
		3/13/00		4
		12/23/98		4
		6/3/98		4
		9/29/97		4
		3/30/97		4
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