Sec Form 13G Filing - DALRYMPLE FAMILY LTD PARTNERSHIP filing for CHEMUNG FINANCIAL CORP (CHMG) - 2022-02-11

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.  1)*

 

Chemung Financial Corporation

(Name of Issuer)

 

Common Stock, $0.01 par value

(Title of Class of Securities)

 

164024101

(CUSIP Number)

 

December 31, 2021

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  Rule 13d-1(b)
  Rule 13d-1(c)
  Rule 13d-1(d)

 

*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 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. 164024101

 

13G

 

 

Page 2 of 6 Pages

 

 

1

 

 

NAME OF REPORTING PERSON

 

Dalrymple Family Limited Partnership 

  

 

2

 

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) 

(b) 

 

 

 

3

 

 

SEC USE ONLY

 

 

 

 

4

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED

BY

EACH

REPORTING

PERSON

WITH

 

 

5

 

 

SOLE VOTING POWER

 

0

 

 

6

 

 

SHARED VOTING POWER

 

343,542

 

 

7

 

 

SOLE DISPOSITIVE POWER

 

0

 

 

8

 

 

SHARED DISPOSITIVE POWER

 

343,542

 

 

9

 

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

343,542

 

 

10

 

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                

 

 

 

 

11

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.3%

 

 

12

 

 

TYPE OF REPORTING PERSON*

 

PN  

 

 

 

 

 

CUSIP No. 164024101

 

 

13G

 

 

Page 3 of 6 Pages

 

 

1

 

 

NAME OF REPORTING PERSON

 

Henry M. Dalrymple

 

 

2

 

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) 

(b) 

 

 

 

3

 

 

SEC USE ONLY

 

 

 

 

4

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED

BY
EACH
REPORTING
PERSON

WITH

 

 

5

 

 

SOLE VOTING POWER

 

0

 

 

6

 

 

SHARED VOTING POWER

 

343,542

 

 

7

 

 

SOLE DISPOSITIVE POWER

 

0

 

 

8

 

 

SHARED DISPOSITIVE POWER

 

343,542

 

 

9

 

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

343,542

 

 

10

 

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                

 

 

 

 

11

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.3%

 

 

12

 

 

TYPE OF REPORTING PERSON*

 

IN 

 

 

 

 

 

CUSIP No. 164024101

 

 

13G

 

 

Page 4 of 6 Pages

 

 

1

 

 

NAME OF REPORTING PERSON

 

Matthew D. Dalrymple

 

 

2

 

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) 

(b) 

 

 

 

3

 

 

SEC USE ONLY

 

 

 

 

4

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED

BY
EACH
REPORTING
PERSON

WITH

 

 

5

 

 

SOLE VOTING POWER

 

0

 

 

6

 

 

SHARED VOTING POWER

 

343,542

 

 

7

 

 

SOLE DISPOSITIVE POWER

 

0

 

 

8

 

 

SHARED DISPOSITIVE POWER

 

343,542

 

 

9

 

0;

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

343,542

 

 

10

 

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                

 

 

 

 

11

 

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.3%

 

 

12

 

 

TYPE OF REPORTING PERSON*

 

IN

 

 

 

 

Item 1(a) Name of Issuer:
   
  Chemung Financial Corporation
   
Item 1(b) Address of Issuer’s Principal Executive Offices:
   
  One Chemung Canal Plaza
  Elmira, NY 14901
   
Item 2(a) Name of Person Filing:
   
  The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 2(b) Address of Principal Business Office or, if none, Residence:
   
 

The address of Dalrymple Family Limited Partnership is:

 

2105 South Broadway

Pine City, NY 14871

   
 

The address of Henry M. Dalrymple is:

 

990 County Rt. 64

Elmira, NY 14903

 

The address of Matthew D. Dalrymple is:

 

3490 FM 78

McQueeney, TX 78123

   
Item 2(c) Citizenship:
   
  The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 2(d) Title of Class of Securities:
   
  Common Stock, $0.01 par value
   
Item 2(e) CUSIP Number:
   
  164024101
   
Item 3 Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c):
   
  The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 4 Ownership:
   
  The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 5 Ownership of Five Percent or Less of a Class:
   
  Not Applicable

 

5

 

 

Item 6 Ownership of More than Five Percent on Behalf of Another Person:
   
  The shares set forth in Item 4 are held for the benefit of general and limited partners of Dalrymple Family Limited Partnership, none of whom has the right to receive, or the power to direct the receipt of, dividends or sale proceeds from more than 5% of the class of securities.
   
Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:
   
  Not Applicable.
   
Item 8 Identification and Classification of Members of the Group:
   
  Not Applicable
   
Item 9 Notice of Dissolution of Group:
   
  Not Applicable
   
Item 10 Certification:

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Dated:  February 11, 2022

 

  DALRYMPLE FAMILY LIMITED PARTNERSHIP

 

  By: /s/ David J. Dalrymple 
  Name: David J. Dalrymple
  Title: Vice President

 

6

 

 

Exhibit A

 

Joint Filing Agreement

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he or she knows or has reason to believe that such information is inaccurate.

 

Dated:  February 4, 2021

  

  DALRYMPLE FAMILY LIMITED PARTNERSHIP

 

  By: /s/ David J. Dalrymple
  Name: David J. Dalrymple
  Title: Vice President

 

  HENRY M. DALRYMPLE
   
  /s/ Henry M. Dalrymple

 

  MATTHEW D. DALRYMPLE
   
  /s/ Matthew D. Dalrymple