UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _______)*
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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons 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).
CUSIP No. |
004337 10 1 |
SCHEDULE 13D | Page | 2 |
of | 6 |
1. | NAMES OF REPORTING PERSONS. James L. Jadlos (1) |
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2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
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(a) o | |||||||||||
(b) o | |||||||||||
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) | ||||||||||
o | |||||||||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
United States of America | |||||||||||
7. | SOLE VOTING POWER(2) | ||||||||||
NUMBER OF | 197,842 | ||||||||||
SHARES | 8. | SHARED VOTING POWER(3) | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 451,200 | ||||||||||
EACH | 9. | SOLE DISPOSITIVE POWER(4) | |||||||||
REPORTING | |||||||||||
PERSON | 197,842 | ||||||||||
WITH | 10. | SHARED DISPOSITIVE POWER(5) | |||||||||
451,200 | |||||||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON(6) | ||||||||||
649,042 | |||||||||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)(7) | ||||||||||
6.24%, based on 10,338,515 shares of common stock issued and outstanding on May 31, 2009. | |||||||||||
14. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
IN |
SCHEDULE 13D | Page 3 of 6 |
(a)
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Name: | James L. Jadlos | ||
(b)
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Business Address: | Lender Processing Services/Applied Analytics Division 1610 15th Street, Denver, Colorado 80202 |
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(c)
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Principal Occupation: | Chief Operating Officer Lender Processing Services/Applied Analytics Division 1610 15th Street, Denver, Colorado 80202 |
The principal business of Lender Processing Services/Applied Analytics Division is managing data and providing analytic support and process outsourcing for banks and mortgage companies in the United States. | ||
(d) | During the past five years, the reporting person has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). | |
(e) | During the past five years, the reporting person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, there was or is a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
SCHEDULE 13D | Page 4 of 6 |
(a) | Total beneficial interest of reporting person: 649,042 shares of common stock (including 54,492 shares subject to stock options exercisable within 60 days of the filing date of this Schedule 13D), representing beneficial ownership of 6.24% of the Issuers common stock, based on 10,338,515 shares of common stock issued and outstanding on May 31, 2009. (8) | |
(b) | The reporting person has the sole power to vote, direct the vote, dispose of, or direct the disposition of 197,842 shares of common stock. (9) | |
The reporting person has shared power to vote, direct the vote, dispose of, or direct the disposition of 451,200 shares of common stock. (10) | ||
The reporting person shares the power to vote, direct the vote, dispose of, or direct the disposition of certain shares of common stock with his wife, information with respect to whom is set forth below: |
Name:
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Pamela N. Jadlos | |
Business Address:
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c/o Griffin Capital Partners, Inc. 1610 15th Street, Denver, Colorado 80202 |
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Principal Occupation:
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Senior Vice President of Operations Griffin Capital Partners, Inc. |
The principal business of Griffin Capital Partners, Inc. is engaging in advising banks and mortgage companies on mortgage asset valuation trading. | ||
During the past five years, Mrs. Jadlos has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). | ||
During the past five years, Mrs. Jadlos has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, there was or is a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. | ||
Mrs. Jadlos is a citizen of the United States of America. |
(8) | Total beneficial interest of reporting person on the Event Date: 519,042 shares (including 49,492 shares subject to stock options exercisable within 60 days of the Event Date), representing beneficial ownership of 5.02% of the Issuers common stock, based on 10,296,450 shares of common stock issued and outstanding on March 10, 2009. | |
(9) | On the Event Date, the reporting person had the sole power to vote, direct the vote, dispose of, or direct the disposition of 192,842 shares of common stock. | |
(10) | On the Event Date, the reporting person had shared power to vote, direct the vote, dispose of, or direct the disposition of 326,200 shares of common stock. |
SCHEDULE 13D | Page 5 of 6 |
(c) | The reporting person effected the following transactions in common stock of the Issuer in the past 60 days: | |
March 10, 2009 Private purchase of 38,750 shares of common stock at $4.50/share | ||
May 5, 2009 Private purchase of 125,000 shares of common stock at $5.91/share | ||
(d) | Mrs. Jadlos has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. |
SCHEDULE 13D | Page 6 of 6 |
Signature | ||||
James L. Jadlos | ||||
Name | ||||