<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 1)
LYNCH CORPORATION
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(NAME OF ISSUER)
COMMON STOCK, NO PAR VALUE
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(TITLE OF CLASS OF SECURITIES)
551137 10 2
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(CUSIP NUMBER)
BARBARA RITZENTHALER, 7A W. JACKSON AVE.,
NAPERVILLE, IL 60540; (708) 357-4222
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED
TO RECEIVE NOTICES AND COMMUNICATIONS)
5/23/96
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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 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.
[_]
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CUSIP NO. 551137 10 2 SCHEDULE 13D PAGE 2 OF 6 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BARBARA RITZENTHALER (SS #343 24 2513)
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
00
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
UNITED STATES
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SOLE VOTING POWER
7
NUMBER OF 101,348
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
---
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 101,348
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
---
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
101,348
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12 [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.29%
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TYPE OF REPORTING PERSON*
14
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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CUSIP NO. 551137 10 2 SCHEDULE 13D PAGE 3 OF 6 PAGES
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This Amendment No. 1 amends the Schedule 13D filed by Barbara Ritzenthaler
on April 22, 1996 to report the sale in brokers' transactions of 15,900 shares
of Common Stock, no par value, of Lynch Corporation, previously reported as
being beneficially owned by her, and to report her appointment as administrator
of the estate of Bruce Ritzenthaler.
ITEM 1. SECURITY AND ISSUER.
This Schedule 13D, as amended, relates to shares of Common Stock, no par
value ("Lynch Common Stock"), of Lynch Corporation ("Lynch"). The principal
executive offices of Lynch are located at 8 Sound Shore Drive, Suite 290,
Greenwich, CT 06830
ITEM 2. IDENTITY AND BACKGROUND.
(a) Name: Barbara Ritzenthaler
(b) Business Address: 7A West Jackson Avenue
Naperville, IL 60540
(c) Present Principal Occupation: Private Investor
(d) Convictions:
During the last five years, Barbara Ritzenthaler has not been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) Legal Proceedings:
During the last five years, Barbara Ritzenthaler has not been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction,
as a result of which she 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.
(f) Citizenship: United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The information set forth in Item 4 is incorporated herein by reference.
ITEM 4. PURPOSE OF TRANSACTION.
By order entered November 9, 1995 in the Circuit Court of the 18th Judicial
Circuit, DuPage County, Illinois, Barbara Ritzenthaler, wife of Bruce
Ritzenthaler, was appointed Guardian
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CUSIP NO. 551137 10 2 SCHEDULE 13D PAGE 4 OF 6 PAGES
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of Mr. Ritzenthaler with full authority to act in his place and stead in all
financial and business matters. The appointment of Barbara Ritzenthaler as
Guardian was reported in Amendment No. 4 dated November 9, 1995 to a Schedule
13D dated August 1, 1990 originally filed by Mr. Ritzenthaler (the "1990
Schedule 13D"). Bruce Ritzenthaler died intestate on April 4, 1996. Barbara
Ritzenthaler was appointed administrator of his estate by order entered April
26, 1996 in the Circuit Court of the 18th Judicial Circuit, DuPage County,
Illinois.
Bruce Ritzenthaler purchased Lynch Common Stock and Convertible Debentures
of the Company as previously reported on the 1990 Schedule 13D and subsequent
amendments thereto. Depending on market conditions and other factors that
Barbara Ritzenthaler deems material she may, on behalf of the Estate of Bruce
Ritzenthaler or for herself, purchase additional shares of Lynch Common Stock in
the open market or in private transactions or may dispose of all or a portion of
such Lynch Common Stock that she or the Estate of Bruce Ritzenthaler now owns or
hereafter may acquire.
Except as set forth in this Item 4, Barbara Ritzenthaler has no present
plans or proposals that relate to or that would result in any of the actions
specified in the clauses set forth under Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate number of shares of Lynch Common Stock which Barbara
Ritzenthaler owns beneficially pursuant to Rule 13d-3 under the Securities
Exchange Act of 1934, as amended, is 101,348, constituting approximately
7.29% of the 1,390,549 shares of Lynch Common Stock reported by Lynch as
being outstanding as of May 1, 1996.
(b) Barbara Ritzenthaler has sole power to vote or direct the vote and to
dispose or to direct the disposition of all shares of Lynch Common Stock
beneficially owned by her or the Estate of Bruce Ritzenthaler.
(c) Barbara Ritzenthaler has sold shares of Lynch Common Stock in brokers'
transactions on the American Stock Exchange since April 22, 1996 as
follows:
<TABLE>
<CAPTION>
No. of Price
Date Shares ($)
- ----------------------------------
<S> <C> <C>
May 3, 1996 200 76.500
200 76.000
May 6, 1996 200 76.500
100 76.500
May 7, 1996 200 76.000
200 75.500
</TABLE>
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CUSIP NO. 551137 10 2 SCHEDULE 13D PAGE 5 OF 6 PAGES
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<TABLE>
<CAPTION>
No. of Price
Date Shares ($)
- ----------------------------------
<S> <C> <C>
200 74.500
100 76.000
100 76.000
100 75.500
100 75.500
May 8, 1996 200 73.750
100 73.000
100 72.500
May 9, 1996 200 72.500
100 71.500
100 70.500
May 10, 1996 200 72.000
100 72.500
100 71.500
May 13, 1996 1000 74.000
100 73.750
100 73.500
100 73.250
100 72.750
May 14, 1996 800 77.000
300 77.750
100 77.000
100 77.000
May 15, 1996 700 76.000
500 79.000
200 80.875
May 16, 1996 1500 83.500
500 83.750
500 78.000
500 77.500
300 82.500
200 84.250
200 83.625
100 79.500
100 79.000
100 78.500
100 78.000
May 17, 1996 200 84.250
200 83.750
200 83.250
100 84.500
100 84.000
100 83.500
100 83.250
100 83.125
100 83.125
May 20, 1996 100 83.500
100 83.250
May 22, 1996 1000 83.000
100 82.500
</TABLE>
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CUSIP NO. 551137 10 2 SCHEDULE 13D PAGE 6 OF 6 PAGES
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<TABLE>
<CAPTION>
No. of Price
Date Shares ($)
- ----------------------------------
<S> <C> <C>
100 82.000
May 23, 1996 1800 86.500
May 29, 1996 200 85.250
100 86.000
100 85.500
</TABLE>
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
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: May 29, 1996
Barbara Ritzenthaler
--------------------
Barbara Ritzenthaler
