CUSIP NO. 024490104 Page 1 of 28 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
AMERICAN BANKNOTE CORPORATION
(formerly United States Banknote Corp.)
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
024490104
(CUSIP Number)
Alfred Teo, Alpha Industries, Inc.
Page & Schuyler Avenues, P. O. Box 808
Lyndhurst, NJ 07071
(201) 933-6000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 13, 1997
(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 which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-
1(b)(3) or (4), check the following box: __________.
Check the following box if a fee is being paid with the statement
__________. (A fee is not required only if the reporting person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
SCHEDULE 13D
CUSIP NO. 024490104 Page 2 of 28 Pages
*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).
SCHEDULE 13D
CUSIP NO. 024490104 Page 3 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lambda Financial Service Corp.
IRS #22-2899749
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 125,000 shares
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER 125,000 shares
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
125,000 shares
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .6%
14. TYPE OF REPORTING PERSON* C0
SCHEDULE 13D
CUSIP NO. 024490104 Page 4 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred S. Teo and Annie Teo, Joint Tenants with Rights of
of Survivorship
Alfred Teo: SSN: ###-##-####
Annie Teo: SSN: ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 1,741,000 shares
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER 1,741,000 shares
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,741,000 shares
12. CHECK BOX IS THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.7%
14. TYPE OF REPORTING PERSON* IN
SCHEDULE 13D
CUSIP NO. 024490104 Page 5 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred S. Teo
SSN: ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
SC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 7500 shares -
common stock equivalent unit granted to
reporting person on June 13, 1996
pursuant to Issuer's Deferred Stock
Compensation Plan for Non-Employee
Directors in a transaction exempted by
Rule 16b-3.
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER See Item 7 above
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 7 above
12. CHECK BOX IS THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .1%
14. TYPE OF REPORTING PERSON* IN
SCHEDULE 13D
CUSIP NO. 024490104 Page 6 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred S. Teo
SSN: ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
SC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 121 shares -
Convertible Debenture accrued on Feb. 1,
1997 under Issuer's Deferred Stock
Compensation Plan for Non-Employee
Directors which may be settled in cash
or common stock @ $4.125/share for 121
shares upon the reporting person's
retirement
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER See Item 7 above
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 7 above
12. CHECK BOX IS THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 100%
14. TYPE OF REPORTING PERSON* IN
SCHEDULE 13D
CUSIP NO. 024490104 Page 7 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alpha Industries, Inc. Retirement Plan dated January 1, 1984
Alfred Teo, Trustee
IRS I.D. #22-2408251
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
00 - Trust Funds
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 20,000 shares
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER 20,000 shares
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 shares
12. CHECK BOX IS THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1%
14. TYPE OF REPORTING PERSON* 00 - Trust
SCHEDULE 13D
CUSIP NO. 024490104 Page 8 of 28 Pages
1. NAME OF REPORTING PERSON
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Handelman Children's Trust
IRS I.D. #22-6667745
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)____
(b)_XX_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
00 - Trust Funds
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS _______
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey, U.S.A.
NUMBER OF SHARES 7. SOLE VOTING POWER 2,500 shares
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 9. SOLE DISPOSITIVE POWER 2,500 shares
EACH 10. SHARED DISPOSITIVE POWER
REPORTING
PERSON
WITH
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500 shares
12. CHECK BOX IS THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
_______
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1%
14. TYPE OF REPORTING PERSON* 00 - Trust
SCHEDULE 13D
CUSIP NO. 024490104 Page 9 of 28 Pages
SCHEDULE 13D
CUSIP NO. 024490104
Item 1. Security and Issuer
No Par Value Common Stock
American Banknote Corporation
Morris Weissman, Chairman
Ron K. Glover, President/COO
200 Park Avenue, 49th Floor
New York, NY 10166
SCHEDULE 13D
CUSIP NO. 024490104 Page 10 of 28 Pages
Item 2. Identity and Background
I. Lambda Financial Service Corp.
(a) Lambda Financial Service Corp., Corporation of the
State of New Jersey
(b) Business Address: Page & Schuyler Avenues,
Lyndhurst, New Jersey 07071
(c) Principal business: financial services
(d) During the last five (5) years, the Corporation has
not been convicted in a criminal proceeding.
(e) During the last five (5) years, the Corporation has
not been a party to a civil proceeding of a
judicial or administrative body of competent
jurisdiction as a result of which it was subject to
a judgment, decree or final order enjoining future
violations or prohibiting or mandating activities
subject to, federal or state securities laws or
finding any violation with respect to such laws.
(f) Not applicable
II. Alfred Teo and Annie Teo, Joint Tenants with Rights of
Survivorship
(a) Alfred Teo and Annie Teo, husband and wife
(b) Residence: 783 West Shore Drive, Kinnelon, NJ
07405
(c) Annie Teo is a homemaker and interior decorator,
being the Director, President and Treasurer of TUK
Associates, Inc. of Kinnelon, New Jersey. Annie
Teo is also a Building Manager. Alfred Teo is
engaged in the manufacture and distribution of
plastics and plastic products. Both Annie Teo and
Alfred Teo have interests in various partnerships
and other entities holding title to real property.
Alfred Teo holds the below described offices in the
following corporations, all of which are
manufacturers and distributors of plastics and
plastic products:
SCHEDULE 13D
CUSIP NO. 024490104 Page 11 of 28 Pages
Chairman, President and Director :
Sigma Extruding Corp.
Page & Schuyler Avenues, Lyndhurst, New Jersey
07071
Chairman, President and Director:
Omega Extruding Corp. of California
9614 Lucas Ranch Road, Rancho Cucamonga,
California 91730
Chairman, President and Director:
Omega Plastic Corp.
Page & Schuyler Avenues, Lyndhurst, New Jersey
07071
Chairman, President and Director:
Beta Plastics Corp.
120 Amor Avenue, Carlstadt, New Jersey 07072
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Holding Corp.
(a Delaware Corporation)
560 Ferry Street, Newark, New Jersey 07105
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Corporation
(a New Jersey Corporation)
560 Ferry Street, Newark, New Jersey 07105
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Corporation
(a Massachusetts Corporation)
560 Ferry Street, Newark, New Jersey 07105
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Corporation
(a Georgia Corporation)
560 Ferry Street, Newark, New Jersey 07105
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Corp. of Illinois
1650 East 95th Street, Chicago, Illinois 60617
SCHEDULE 13D
CUSIP NO. 024490104 Page 12 of 28 Pages
Chairman, Executive Vice President, Secretary
and Director:
Delta Plastics Corp. of North Carolina
1206 Traywick Road, Marshville, North Carolina
28103
Chairman, Chief Executive Officer, Vice
President, Treasurer and Director:
Alpha Industries, Inc.
Page & Schuyler Avenues, Lyndhurst, New Jersey
07071
Chairman, Co-Chief Executive Officer,
Treasurer, Secretary and Director:
Zeta Consumer Products Corp.
Macomb, Illinois
Alfred Teo also holds the offices of President,
Treasurer and Chairman of the Board of Directors of
Lambda Financial Service Corp., Page & Schuyler
Avenues, Lyndhurst, New Jersey. This corporation
is in the business of financial services.
Alfred Teo also holds the offices of Secretary,
Treasurer and Chairman of the Board of Directors of
Alpha Technologies, Inc., 71 Suttons Lane,
Piscataway, New Jersey. This corporation is a
computer network company.
Alfred Teo also holds the offices of President and
Director of Red Line Express Corp., Page & Schuyler
Avenues, Lyndhurst, New Jersey. This corporation
is in the business of intra-state and inter-state
trucking.
Alfred Teo also holds the offices of Secretary,
Treasurer and Chairman of the Board of Directors of
Discount Packaging Corp., 50 Grafton Avenue,
Newark, New Jersey 07104. This corporation is in
the packaging business.
Alfred Teo also holds the offices of Chairman,
President and Director of M & E Packaging Corp.
Page & Schuyler Avenues, Lyndhurst, New Jersey
07071. This corporation is in the packaging
business.
SCHEDULE 13D
CUSIP NO. 024490104 Page 13 of 28 Pages
Alfred Teo also holds the offices of Chairman of
the Board, Secretary and Director of Fidelity
Service Corp., Page & Schuyler Avenue, Lyndhurst,
New Jersey 07071. This corporation is in the
warehousing business.
Alfred Teo also holds the office of Secretary,
Chairman of the Board of Directors and Director of
Hillman's, The Eye Care Company, Inc., 125 Route 46
West, Totowa, New Jersey 07512. This corporation
is in the eye care business.
Alfred Teo also holds office of Chairman of the
Board of Directors and Chief Executive Officer of
Tucker Housewares Corp., 150 Clove Road, Little
Falls, New Jersey.
Alfred Teo also holds office of Chairman of the
Board of Directors and Chief Executive Officer of
Essex Plastics Corp., Pompono Beach, Florida.
Alfred Teo is a member of the Board of Directors of
Fleet Bank, N.A., 1 Exchange Place, Jersey City,
New Jersey.
Alfred Teo is a member of the Board of Directors of
American Banknote Corporation, 200 Park Avenue,
49th Floor, New York, NY 10166.
Alfred Teo is a member of Board of Trustees of St.
Joseph's Hospital Foundation, 703 Main Street,
Paterson, New Jersey.
Alfred Teo is a member of the Board of Trustees of
Stevens Institute of Technology, Castle Point on
Hudson, Hoboken, New Jersey
(d) During the last five (5) years, neither Alfred Teo
nor Annie Teo have been convicted in a criminal
proceeding.
SCHEDULE 13D
CUSIP NO. 024490104 Page 14 of 28 Pages
(e) During the last five (5) years, neither Alfred Teo
nor Annie Teo have been a party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction as a result of which they
were subject to a judgment, decree or final order
enjoining future violations or prohibiting or
mandating activities subject to, federal or state
securities laws or finding any violation with
respect to such laws.
(f) Alfred Teo and Annie Teo are United States
citizens.
III. Alpha Industries, Inc. Retirement Plan
(a) Alpha Industries, Inc. Retirement Plan dated
January 1, 1984, Alfred Teo, Trustee
(b) Place of Organization: Page & Schuyler Avenues,
Lyndhurst, New Jersey 07071
(c) Principal business: Trust
(d) During the last five (5) years, Alfred Teo has not
been convicted in a criminal proceeding.
(e) During the last five (5) years, Alfred Teo has not
been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a
result of which he was subject to a judgment,
decree or final order enjoining future violations
or prohibiting or mandating activities subject to,
federal or state securities laws or finding any
violation with respect to such laws.
(f) Alfred Teo is a U.S. citizen.
IV. Handelman Childrens Trust FBO Shana Seto Handelman and
Alyssa Seto Handelman, Annie Teo and Teren Seto
Handelman, Co-Trustees
(a) Handelman Childrens Trust FBO Shana Seto Handelman
and Alyssa Seto Handelman
(b) Place of organization: 783 West Shore Drive,
Kinnelon, NJ 07405
SCHEDULE 13D
CUSIP NO. 024490104 Page 15 of 28 Pages
(c) Principal business: Trust
(d) During the last five (5) years, neither Shana Seto
Handelman, Alyssa Seto Handelman, Annie Teo nor
Teren Seto Handelman have been convicted in a
criminal proceeding.
(e) During the last five (5) years, neither Shana Seto
Handelman, Alyssa Seto Handelman, Annie Teo nor
Teren Seto Handelman have been a party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction as a result of which they
were subject to a judgment, decree or final order
enjoining future violations or prohibiting or
mandating activities subject to, federal or state
securities laws or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The source of funds used by Alfred Teo and Annie Teo in making the
purchases was personal funds except that the Subject Company whose
securities are acquired was the source of funds for those
securities issued to Alfred Teo alone as reported on the cover
page. The source of funds used by Lambda Financial Service Corp.
was working capital. The source of funds used by Handelman
Childrens Trust and Alpha Industries, Inc. Retirement Plan was
trust funds. The aggregate amount of funds used in making the
purchases including brokerage commissions and other costs of
execution through the close of business on February 13, 1997 was:
Lambda Financial Service Corp. $ 223,951.00
Alfred Teo and Annie Teo 3,482,268.00
Alpha Industries, Inc.
Retirement Plan 51,050.00
Handelman Childrens Trust 7,887.50
Total $3,765,156.50
Item 4. Purpose of Transaction
The acquisition of the securities of the issuer was made for the
purpose of investment and to work with management to enhance the
shareholders' value.
SCHEDULE 13D
CUSIP NO. 024490104 Page 16 of 28 Pages
(a) The reporting persons may acquire additional securities
of the issuer or dispose of securities of the issuer
from time to time;
(b) The reporting persons have no plans or proposals which
relate to or would result in an extraordinary corporate
transaction, such as a merger, reorganization or
liquidation, involving the issuer or any of its
subsidiaries;
(c) The reporting persons have no plans or proposals which
relate to or would result in a sale or transfer of a
material amount of assets of the issuer or any of its
subsidiaries;
(d) The reporting persons have no plans or proposals which
relate to or would result in any change in the present
board of directors or management of the issuer,
including any plans or proposals to change the number or
term of directors or to fill any existing vacancies on
the board;
(e) The reporting persons have no plans or proposals which
relate to or would result in any material change in the
present capitalization or dividend policy of the issuer;
(f) The reporting persons have no plans or proposals which
relate to or would result in any other material change
in the issuer's business or corporate structure
including but not limited to, if the issuer is a
registered closed-end investment company, any plans or
proposals to make any changes in its investment policy
for which a vote is required by section 13 of the
Investment Company Act of 1940;
(g) The reporting persons have no plans or proposals which
relate to or would result in any changes in the issuer's
charter, bylaws or instruments corresponding thereto or
other actions which may impede the acquisition of
control of the issuer by any person;
(h) The reporting persons have no plans or proposals which
relate to or would result in causing a class of
securities of the issuer to be delisted from a national
securities exchange or to cease to be authorized to be
quoted in any inter-dealer quotation system of a
registered national securities association;
SCHEDULE 13D
CUSIP NO. 024490104 Page 17 of 28 Pages
(i) The reporting persons have no plans or proposals which
relate to or would result in a class of equity
securities of the issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4)
of the Act; or
(j) The reporting persons have no plans or proposals which
relate to or would result in any action similar to any
of those enumerated above.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on February 13, 1997, the
aggregate number and percentage of the class of
securities identified pursuant to Item 1 beneficially
owned by each person named in Item 2 is as follows:
Number Percentage
Name of Shares of Class
Lambda Financial Service Corp. 125,000 .6
Alfred Teo and Annie Teo, 1,741,000 8.7
Joint Tenants with Rights
of Survivorship
Alfred Teo (not including 7,500 .1
convertible debenture reported
on cover page)
Alpha Industries, Inc. 20,000 .1
Retirement Plan
Handelman Childrens Trust 2,500 .1
Total 1,896,000 9.6%
Note: Percentage of Class is based on 19,809,380 shares
outstanding as reported in the 10Q last filed by the Issuer
with the Securities Exchange Commission.
SCHEDULE 13D
CUSIP NO. 024490104 Page 18 of 28 Pages
(b)
1. Except for the shares owned by Alfred Teo in his
name alone, Alfred Teo and Annie Teo hold the
shares listed next to their names in paragraph (a)
above as "joint tenants with rights of
survivorship" and, as such, jointly share the power
to vote or direct the vote, dispose of or direct
the disposition of their shares.
2. Alfred Teo holds the controlling interest in Lambda
Financial Service Corp. and therefore has sole
power to vote or direct the vote, dispose of or
direct the disposition of the shares of the issuer
held by this corporation.
3. Alfred Teo holds an authorization to trade
securities on behalf of the Handelman Childrens
Trust and may therefore direct the disposition of
the shares of the issuer held by this Trust. Annie
Teo is a Co-Trustee of this Trust and may
participate in voting or directing the vote,
disposing of or directing the disposition of the
shares of the issuer held by this Trust, but she
does not control the power to vote, direct the
vote, dispose of or direct the disposition of the
shares of the issuer held by this Trust.
4. Alfred Teo is the Trustee of the Alpha Industries,
Inc. Retirement Plan dated January 1, 1984, and
therefore has sole power to vote or direct the
vote, dispose of or direct the disposition of the
shares of the issuer held by this Retirement Plan.
(c) Transactions in the class of securities reported that
were effected in the last sixty (60) days are shown on
Exhibit A attached hereto and consisting of seven (7)
pages.
(d) Where an interest relates to more than five (5%) percent
of the class, persons having the right to receive or the
power to direct the receipt of dividends from, or the
proceeds from the sale of such securities are the same
persons identified in paragraph (b) above.
(e) Not applicable
SCHEDULE 13D
CUSIP NO. 024490104 Page 19 of 28 Pages
Item 6. Contracts, Arrangements, Understandings, or
Relationships with Respect to Securities of the Issuer
There are no contracts, arrangements, understandings or
relationships (legal or otherwise) among the persons named in Item
2 and between such persons and any person with respect to any
securities of the issuer, including but not limited to transfer or
voting of any of the securities, finder's fees, joint ventures,
loan or option arrangements, puts or calls, guarantees or profits,
division of profits or loss, or the giving or withholding of
proxies.
Item 7. Material To Be Filed as Exhibits
There are no written agreements relating to the filing of joint
acquisition statements as required by Rule 13d-1(f) (Section 240.13d-1(f)
and no written agreements, contracts, arrangements, understandings,
plans or proposals relating to (1) the borrowing of funds to
finance the acquisition as disclosed in Item 3; (2) the acquisition
of issuer control, liquidation, sale of assets, merger, or change
in business or corporate structure or any other mater as disclosed
in Item 4; and (3) the transfer or voting of the securities,
finder's fees, joint ventures, options, puts, calls, guarantees of
loans, guarantees against loss or of profit, or the giving or
withholding of any proxy as disclosed in Item 6.
Statement Pursuant to Rule 13(d)-4
The undersigned reporting persons hereby declare that the filing of
this statement shall not be construed as an admission that one or
more of such reporting persons is(are), for the purposes of
sections 13(d) or 13(g) of the Securities Exchange Act of 1934, the
beneficial owner or owners of any of the securities covered by this
statement.
SCHEDULE 13D
CUSIP NO. 024490104 Page 20 of 28 Pages
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.
____/s/ Alfred Teo___________
Dated: March 7, 1997 Alfred Teo, Individually
____/s/ Annie Teo___________
Dated: March 7, 1997 Annie Teo, Individually
___/s/ Alfred Teo___________
Dated: March 7, 1997 Alfred Teo, as President of:
Lambda Financial Service Corp.
Dated: March 7, 1997 __/s/ Annie Teo______________
Annie Teo, Trustee of the
Handelman Childrens Trust
Dated: March 7, 1997 _/s/ Teren Seto Handelman____
Teren Seto Handelman, Trustee
of the Handelman Childrens
Trust
Dated: March 7, 1997 _/s/ Alfred Teo_______________
Alfred Teo, Trustee of the
Alpha Industries, Inc.
Retirement Plan
SCHEDULE 13D
CUSIP NO. 024490104 Page 21 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 12FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 03:24PM
A/C: LAMBDA FINANCIAL SERVICES CORP. 002-02860-3
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD) YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/11/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC AMT/PRIN
02/15/97 BUY L 001 18000.00 1.500 27090.00
06/13/97 BUY L 001 2600.00 4.125 10751.00
11/15/96 BUY L 001 4300.00 4.875 21091.50
11/15/96 BUY L 002 100.00 5.000 503.00
02/07/97 BUY L 001 5000.00 4.250 21400.00
OPT: M I E P H S F B T = >
I4938 MORE DATA TO VIEW I4940 DATA AVAILABLE ON RIGH
SCHEDULE 13D
CUSIP NO. 024490104 Page 22 of 28 Pages
Transactions
002-02860-3 LAMBDA FINANCIAL SERVICES COR
ABN AMERICAN BANKNOTE CORP.
2 rows retrieved on 02/18/97 09:05:19
Printed by: appele@pcspnyappl on 02/18/97 09:07:18
Process Date: 02/13/97
B/S: DEL
AcTp: 06
Quantity: 5,000
Description: American Banknote Corp.
Transfer to 001-05408-9
Net Sett Amt: 0.00
Trade Date:
Settlement Date: 02/13/97
Stl Ccy: USD
Trd Typ: 0
Process Date: 02/07/97
B/S: B
AcTp: 06
Quantity: 5,000
Description: American Banknote Corp.
Net Sett Amt: 21,400.00
Trade Date: 02/07/97
Settlement Date: 02/12/97
Stl Ccy: USD
Trd Typ: 2
SCHEDULE 13D
CUSIP NO. 024490104 Page 23 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 12FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 03:26PM
A/C: ALFRED S. TEO & ANNIE TEO JT. TEN 002-80275-9
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD) YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/11/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC AMT/PRIN
12/28/95 BUY L 001 6000.00 1.250 7680.00
12/29/95 BUY L 001 12000.00 1.250 15360.00
05/23/96 BUY L 001 10000.00 3.875 38850.00
06/07/96 BUY L 001 200000.00 4.625 931000.00
08/01/96 BUY L 001 17600.00 3.875 68552.00
08/14/96 BUY L 001 6800.00 4.125 28254.00
08/14/96 BUY L 002 6200.00 4.250 26536.00
OPT: M I E P H S F B T = >
I4938 MORE DATA TO VIEW I4940 DATA AVAILABLE ON RIGHT
SCHEDULE 13D
CUSIP NO. 024490104 Page 24 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 12FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 03:26PM
A/C: ALFRED S. TEO & ANNIE TEO JT. TEN 002-80275-9
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD) YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/11/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC AMT/PRIN
08/14/96 BUY L 003 1200.00 4.000 4836.00
09/10/96 BUY L 001 0000.00 3.876 39050.00
10/16/96 BUY L 001 2000.00 4.750 9560.00
11/14/96 BUY L 001 3900.00 4.750 18642.00
11/14/96 BUY L 002 37500.00 4.875 183937.50
11/18/96 BUY L 001 20600.00 4.875 101043.00
11/25/96 BUY L 001 23700.00 4.750 113286.00
OPT: M I E P H S F B T = >
I4938 MORE DATA TO VIEW I4940 DATA AVAILABLE ON RIGHT
SCHEDULE 13D
CUSIP NO. 024490104 Page 25 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 12FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 03:26PM
A/C: ALFRED S. TEO & ANNIE TEO JT. TEN 002-80275-9
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD) YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/11/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC AMT/PRIN
11/27/96 BUY L 001 10200.00 4.750 48756.00
11/27/96 BUY L 002 3600.00 4.875 17658.00
11/29/96 BUY L 001 10000.00 4.750 47800.00
11/29/96 BUY L 002 1200.00 4.875 5886.00
12/06/96 BUY L 001 1000.00 4.750 4780.00
01/08/97 BUY L 001 10000.00 4.500 45300.00
OPT: M I E P H S F B T = >
I4938 MORE DATA TO VIEW I4940 DATA AVAILABLE ON RIGHT
SCHEDULE 13D
CUSIP NO. 024490104 Page 26 of 28 Pages
ALFRED S. TEO AMERICAN BANKNOTE CORPORATION
06/13/96 7500 shares common stock equivalent unit granted
pursuant to company's Deferred Stock and
Compensation Plan for Non-Employee Directors in
a transaction exempted by Rule 16b-3.
02/01/97 121 shares Convertible Debenture accrued on
February 1, 1997 under issuer's Deferred Stock
Compensation Plan for Non-Employee Directors
which may be settled in cash or common stock
@ $4.125/share for 121 shares upon reporting
person's retirement. The Purchase Price is an
assumed price equal to the market price of the
underlying stock on the date of conversion
of deferred compensation into convertible
debenture of issuer. Represents face
value of convertible debenture when issued.
SCHEDULE 13D
CUSIP NO. 024490104 Page 27 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 18FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 09:25AM
A/C: ALPHA INDUSTRIES RETIREMENT PLAN 001-34320-1
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD) YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/14/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC AMT/PRIN
LONG
09/18/95 BUY L 001 6000.00 2.125 12930.00
12/19/95 BUY L 001 4000.00 1.375 5620.00
05/23/96 SELL 001 10000.00 3.875 38648.70
GAIN/LOSS: 20098.70
07/12/96 BUY L 001 5000.00 3.125 15775.00
07/12/96 BUY L 002 5000.00 3.250 16400.00
07/12/96 BUY L 003 10000.00 3.250 32800.00
OPT: M I E P H S F B T = >
I4937 TOP OF MORE DATA-MORE TO VIEW I4940 DATA AVAILABLE ON
RIGHT
SCHEDULE 13D
CUSIP NO. 024490104 Page 28 of 28 Pages
PXIQM172-L GLOBAL PORTFOLIO REPORTING SYSTEM 18FEB97
RR: 0015 PRODUCT TRANSACTION HISTORY
(FUNC CCY - U.S.) DOLLARS) 09:25AM
A/C: THE HANDELMAN CHILDREN'S TRUST 001-45801-7
PRODUCT NUMBER: 024490104 FUNC MKTPRC 4.00 (USD)
YLD:
PRODUCT SYMBOL: ABN ISS MKTPRC 4.00 (USD) 2/14/97
PRODUCT DESC: AMERICAN BANKNOTE CORP.
SECURITY DEMONINATION - U.S. DOLLARS
DATE TRANS LOT/ID QUANTITY TRD PRC
AMT/PRIN
LONG
09/11/95 BUY L 001 2000.00 2.250
4560.00
06/13/96 SELL L 001 2000.00 4.125
8229.72
GAIN/LOSS:
3669.72
07/23/96 BUY L 001 2500.00 3.125
7887.50
OPT: M I E P H S F B T = >
I4937 TOP OF MORE DATA-MORE TO VIEW I4940 DATA AVAILABLE ON
RIGHT
19
