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>>
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No.____________)(1)
Espey Mfg. & Electronics Corp.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock par value $0.33 1/3 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
296650 10 4
- --------------------------------------------------------------------------------
(CUSIP Number)
July 15, 2005
- --------------------------------------------------------------------------------
(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)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
- ----------
(1) 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 page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 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.296650 10 4 13G Page 2 of 5 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS. Howard Pinsley and Peggy A. Murphy, Successor
Trustees, Espey Mfg. & Electronics Corp. Employee Stock Ownership Plan
Trust I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
N/A (a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Trust under Employee Stock Ownership Plan of a New York Corporation
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 380,120
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 380,120
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
380,120
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A [_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
32.8% of Common Stock outstanding as of July 15, 2005
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
EP
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.296650 10 4 13G Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Espey Mfg. & Electronics Corp.
________________________________________________________________________________
Item 1(b). Address of Issuer's Principal Executive Offices:
233 Ballston Ave., Saratoga Springs, NY 12866
________________________________________________________________________________
Item 2(a). Name of Person Filing:
Howard Pinsley and Peggy A. Murphy, Trustees of Espey Mfg. &
Electronics Corp. Employee Stock Ownership Plan and Trust*
________________________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
233 Ballston Ave. Saratoga Springs, NY 12866
________________________________________________________________________________
Item 2(c). Citizenship:
US
________________________________________________________________________________
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.33 1/3
________________________________________________________________________________
Item 2(e). CUSIP Number:
296650 10 4
_______________________________________________________________________________
*Mr. Pinsley and Peggy A. Murphy have succeeded The Adirondack Trust Company as
trustees.
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [_] Broker or dealer registered under Section 15 of the Exchange
Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [_] Investment company registered under Section 8 of the Investment
Company Act.
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [X] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
CUSIP No.296650 10 4 13G Page 4 of 5 Pages
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
380,120
________________________________________________________________________________
(b) Percent of class:
32.8%
________________________________________________________________________________
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 380,120,
-------
(ii) Shared power to vote or to direct the vote_____________________,
(iii) Sole power to dispose or to direct the disposition of 380,120,
-------
(iv) Shared power to dispose or to direct the disposition of________
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ ].
________________________________________________________________________________
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Under certain circumstances beneficiaries of the Trust have the
right to receive or the power to direct the receipt of dividends or
the proceeds from the sale of the security
________________________________________________________________________________
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company or Control
Person.
N/A
________________________________________________________________________________
Item 8. Identification and Classification of Members of the Group.
N/A
________________________________________________________________________________
Item 9. Notice of Dissolution of Group.
N/A
________________________________________________________________________________
Item 10. Certifications.
(a) The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(b):
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 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 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.
July 20, 2005
----------------------------------------
(Date)
/s/ Howard Pinsley
----------------------------------------
(Signature)
Howard Pinsley/Trustee
----------------------------------------
(Name/Title)
Note. Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
for whom copies are to be sent.
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).