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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. __________)*
Anthony & Sylvan Pools Corporation
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(Name of Issuer)
Common Stock, Without Par Value
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(Title of Class of Securities)
036762102
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(CUSIP Number)
Stuart D. Neidus, Chairman and Chief Executive Officer
Anthony & Sylvan Pools Corporation
6690 Beta Drive
Mayfield Village, Ohio 44143
(440) 720-3301
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
August 10, 1999
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(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 that is the subject of this Schedule 13D, and
is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See
ss.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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CUSIP No. 036762102
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1. Names of Reporting Persons:
I.R.S. Identification Nos. of Above Persons (entities only).
Thomas B. Waldin
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2. Check the Appropriate Box if a Member of a Group
(a)
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(b)
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3. SEC Use Only
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4. Source of Funds PF,OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e)
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6. Citizenship or Place of Organization Ohio
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Number of 7. Sole Voting Power 1,115,701
Shares Bene- -----------------------------------
ficially Owned 8. Shared Voting Power
by Each ----------------------------------
Reporting 9. Sole Dispositive Power 1,115,701
Person With -------------------------------
10. Shared Dispositive Power
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
1,115,701
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12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares
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13. Percent of Class Represented by Amount in Row (11) 27.9%
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14. Type of Reporting Person IN
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ITEM 1. SECURITY AND ISSUER
This statement relates to the common shares ("Common Shares") of
Anthony & Sylvan Pools Corporation, an Ohio corporation (the "Issuer"), the
principal executive offices of which are located at 6690 Beta Drive, Mayfield
Village, Ohio 44143.
ITEM 2. IDENTITY AND BACKGROUND
This statement is being filed by Thomas B. Waldin. The principal
business address of Mr. Waldin is 6690 Beta Drive, Mayfield Village, Ohio 44143.
Mr. Waldin is a citizen of the United States of America.
Mr. Waldin is currently retired and formerly served as the Chief
Executive Officer of Essef Corporation, the prior parent of the Issuer.
During the last five years, Mr. Waldin has not been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) nor
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction the result of which was or is subject to 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.
ITEMS 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On August 10, 1999, a third party acquired Essef Corporation ("Essef")
in a merger transaction that occurred simultaneously with the Issuer being
split-off to Essef's common shareholders through a taxable distribution of 100%
of the Issuer's shares. In connection with the split off Mr. Waldin received
39,138 common shares and vested options to purchase 691,508 Common Shares.
Thereafter, Mr. Waldin has used his own personal funds, or been granted options,
to acquire 424,193 Common Shares.
ITEM 4. PURPOSE OF TRANSACTION
Mr. Waldin acquired the Common Shares for personal investment purposes.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Mr. Waldin is the beneficial owner of 1,115,701 Common Shares with sole
voting and dispositive power over such shares. These shares represent 27.9% of
the currently issued and outstanding Common Shares. On September 7, 1999, Mr.
Waldin purchased 152,092 Common Shares at $7 per share through a broker
transaction.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
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.
Dated: November 12, 1999
By: /s/ Thomas B. Waldin
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Thomas B. Waldin
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