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
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE13G/A
Under the Securities Exchange Act of 1934
(Amendment No__13__)*
VIRCO MFG. CORPORATION
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(Name of Issuer)
Common
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(Title of Class of Securities)
927651109
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(CUSIP Number)
December 31, 2019
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/x/ Rule 13d-1(b)
/x/ 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 in the remainder of this cover 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).
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
SEC 1745 (3-98)
Page 1 of 6
CUSIP No. 927651109
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Edward W. Wedbush (deceased)
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States of America
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Number of Shares 5. Sole Voting Power 1,521,412 (1)
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 6,289 (2)
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 1,521,412 (1)
----------------------------------------------
8.Shared Dispositive Power 1,711,465 (3)
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,711,465 (3)
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
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11. Percent of Class Represented by Amount in Row (9)
10.89%
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12. Type of Reporting Person (See Instructions)
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IN
(1) Edward W. Wedbush passed away on January 5, 2020. Mr. Wedbush retained
voting and dispositive powers as well as beneficial ownership on the
date of event requiring filing.
(2) Represents ownership of Common Stock by Wedbush Capital, over which the
reporting person retained common control but disclaim beneficial
ownership.
(3) Includes 183,764 shares of Common Stock, over which Wedbush Securities had
dispositive power. The reporting persons disclaim beneficial ownership over
such shares. Please note that dispositive power expired on January 5, 2020.
Page 2 of 6
CUSIP No. 927651109
--------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Securities, Inc.
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
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3. SEC Use Only
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4. Citizenship or Place of Organization
California
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Number of Shares 5. Sole Voting Power 0
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 0
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 0
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8.Shared Dispositive Power 1,711,465 (1)
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
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11. Percent of Class Represented by Amount in Row (9)
0.0%
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12. Type of Reporting Person (See Instructions)
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BD
(1) Includes 183,764 shares of Common Stock, over which Wedbush Securities had
dispositive power. The reporting persons disclaim beneficial ownership over
such shares. Please note that dispositive power expired on January 5, 2020.
Page 3 of 6
Cusip No. 927651109 13GA VIRCO MFG. CORPORATION
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Item 1. Name and Address of Issuer.
(a) This statement relates to the shares of the common stock of
VIRCO MFG. CORPORATION ("Issuer").
(b) Issuer's address: 2027 Harpers Way,
Torrance, CA 90501
Item 2. Filers
(a) This statement is filed by Edward W. Wedbush, deceased ("EWW")
and Wedbush Securities ("WS").
(b) Business address of the above filers are as follows:
EWW - P.O. Box 30014, Los Angeles, CA 90030-0014
WS - P.O. Box 30014, Los Angeles, CA 90030-0014
(c) EWW was, before his passing, a citizen of the United States of America.
WS is a California corporation.
(d) Common stock
(e) 927651109
Item 3. Classification of Filers
(a) - (j) Not applicable
(g) WS is a broker/dealer
(b)- (j) Not applicable
(b) - (j) Not applicable
Page 4 of 6
Item 4. Ownership
(a) EWW had sole ownership of 1,521,412 shares of the Issuer;
WS has sole ownership of 0 shares.
(b) Of the shares outstanding, EWW owned approximately 9.68%;
WS owns approximately 0.0%.
(c) Number of shares as to which the filer has:
(i) Sole power to vote: EWW had sole power to vote on
1,521,412 sole shares; WS has 0 sole shares. (1)
(ii) Shared power to vote: EWW had 6,289 shares;
WS has 0 shares.
(iii) Sole power to dispose: EWW had sole power to
dispose on 1,521,412 shares; WS has 0 shares to dispose.
(1)
(iv) Shared power to dispose; EWW had 1,711,053 shares;
WS has 183,764 shares. (2)
(1) Edward W. Wedbush passed away on January 5, 2020. Mr.
Wedbush retained voting and dispositive powers as well
as beneficial ownership on the date of event requiring filing.
(2) Includes 183,764 shares of Common Stock, over which Wedbush
Securities had dispositive power. The reporting persons
disclaim beneficial ownership oversuch shares. Please note that
dispositive power expired on January 5, 2020.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another.
Not applicable.
Item 7. Identification and Classification of Subsidiary which
Acquired the Securities Being Reported on by the Parent
Holding Company.
Not Applicable.
Page 5 of 6
Item 8. Identification and Classification of Members of a Group.
Name Category No.ofShares Percentage
Edward W. Wedbush IN 1,521,412 9.68%
Wedbush Securities, Inc. BD 0 0.00%
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 6 of 6
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the Issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
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.
Edward W. Wedbush
02/14/2020
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Date
GARY L. WEDBUSH (On Behalf of Edward W. Wedbush, deceased)
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Gary L. Wedbush
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Signature
GARY L. WEDBUSH
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Gary L. Wedbush
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Name/Title
Wedbush Securities, Inc.
02/14/2019
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Date
GARY L. WEDBUSH
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Gary L. Wedbush
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Signature
Gary L. Wedbush/ Co-President
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Name/Title