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Weiner David – ‘SC 13D/A’ on 6/21/01 re: National Record Mart Inc/DE

On:  Thursday, 6/21/01, at 9:38pm ET   ·   As of:  6/22/01   ·   Accession #:  912057-1-520741   ·   File #:  5-42605

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

 6/22/01  Weiner David                      SC 13D/A               1:10K  National Record Mart Inc/DE       Merrill Corp/FA

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           5     22K 
                          Ownership                                              


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
3Item 1. Security and Issuer
"Item 2. Identity and Background
"Item 3. Source and Amount of Funds or Other Consideration
"Item 4. Purpose of the Transaction
4Item 5. Interest in Securities of the Issuer
"Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
"Item 7. Material to Be Filed as Exhibits
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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. 4)* NATIONAL RECORD MART, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------------------------------- (Title of Class of Securities) 637355108 -------------------------------------------------------------------------------- (CUSIP Number) DAVID WEINER C/O W-NET, INC., 13743 VENTURA BLVD., SUITE 200, SHERMAN OAKS, CA 91423 (818) 385-0405 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 19, 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box |_|. NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Section 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).
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SCHEDULE 13D --------------------------------- --------------------------------- CUSIP NO. 637355108 PAGE 2 OF 5 PAGES ---------------- ----- ---- ============== ================================================================= 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON David Weiner -------------- ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| -------------- ----------------------------------------------------------------- 3 SEC USE ONLY -------------- ----------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------- ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| -------------- ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. ------------------- ------- ---------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 208,000 Shares BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------- ---------------------------------------------------- 8 SHARED VOTING POWER 0 Shares ------- ---------------------------------------------------- 9 SOLE DISPOSITIVE POWER 208,000 Shares ------- ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 Shares -------------- ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 208,000 Shares -------------- ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| -------------- ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.1% -------------- ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ============== =================================================================
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ITEM 1. SECURITY AND ISSUER TITLE OF CLASS OF EQUITY SECURITIES: Common Stock NAME AND ADDRESS OF ISSUER: National Record Mart, Inc. (the "Issuer") 507 Forest Avenue Carnegie, PA 15106 ITEM 2. IDENTITY AND BACKGROUND (i) (A) NAME: David Weiner (the "Reporting Person") (B) BUSINESS ADDRESS: W-Net, Inc., 13743 Ventura Blvd., Suite 200 Sherman Oaks, CA 91423 (C) PRINCIPAL OCCUPATION AND BUSINESS ADDRESS: President, W-Net, Inc., 13743 Ventura Blvd., Suite 200 Sherman Oaks, CA 91423 (D) CRIMINAL PROCEEDINGS: None (E) CIVIL PROCEEDINGS: None (F) CITIZENSHIP: U.S.A. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Not applicable. ITEM 4. PURPOSE OF THE TRANSACTION The Reporting Person intends to review on a continuing basis his investments in the Issuer's common stock and may, subject to the continuing evaluation of the factors discussed herein, acquire from time to time additional common stock of the Issuer in the open market or in privately negotiated transactions. Depending on the factors discussed herein, the Reporting Person may, from time to time, retain or sell all or a portion of his holdings of the Issuer's common stock in the open market or in privately negotiated transactions and such privately negotiated purchases or sales may be made at any time, without further prior notice. Any actions that the Reporting Person might undertake with respect to the Issuer's common stock will be dependent upon his review of numerous factors, including, among other things, the availability of the Issuer's common stock for purchase and the price levels of such common stock, general market and economic conditions, ongoing evaluation of the Issuer's business, financial condition, properties, operations and prospects, the relative attractiveness of alternative business and investment opportunities, the actions of the management and the Board of Directors of the Issuer and other further developments.
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) The Reporting Person beneficially owns 208,000 shares of the Issuer's common stock which is approximately 4.1% of the Issuer's outstanding common stock. (b) The Reporting Person has the sole power to vote and dispose of 208,000 shares of the Issuer's common stock. The Reporting Person does not share voting or dispositive power over any of his shares of the Issuer's common stock. (c) The Reporting Person has effected the following transactions involving the Issuer's common stock since the date of Amendment No. 3 to Schedule 13D filed June 6, 2001: 112,000 shares sold on June 19, 2001 in an open market transaction at $0.3058 per share. 5,000 shares sold on June 19, 2001 in an open market transaction at $0.46 per share. 2,500 shares sold on June 19, 2001 in an open market transaction at $0.51 per share. 10,000 shares sold on June 19, 2001 in an open market transaction at $0.45 per share. 2,500 shares sold on June 19, 2001 in an open market transaction at $0.51 per share. 6,500 shares sold on June 19, 2001 in an open market transaction at $0.45 per share. 10,000 shares sold on June 20, 2001 in an open market transaction at $0.13 per share. 35,000 shares sold on June 20, 2001 in an open market transaction at $0.16 per share. 10,000 shares sold on June 20, 2001 in an open market transaction at $0.15 per share. 10,000 shares sold on June 20, 2001 in an open market transaction at $0.17 per share. 5,000 shares sold on June 20, 2001 in an open market transaction at $0.18 per share. 5,000 shares sold on June 20, 2001 in an open market transaction at $0.20 per share. 5,000 shares sold on June 20, 2001 in an open market transaction at $0.21 per share. (d) No such person is known. (e) The Reporting Person ceased to be the beneficial owner of more than 5% of the Issuer's outstanding common stock on June 20, 2001. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER No contracts, arrangements, understandings or relationships with respect to securities of the Issuer exist. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Not applicable as none exist.
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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. Date: June 21, 2001 By: /s/ DAVID WEINER ------------------------------- Name: David Weiner Title:

Dates Referenced Herein   and   Documents Incorporated by Reference

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Filed as of:6/22/01
Filed on:6/21/015
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Filing Submission 0000912057-01-520741   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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