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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. 25 )*
SYMBOL TECHNOLOGIES, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
871508107
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(CUSIP Number)
Paul W. Zeller, Senior Vice President and General Counsel
Reliance Financial Services Corporation
Park Avenue Plaza, 55 East 52nd Street, New York, New York 10055
(212) 909-1100
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
July 12, 2000
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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 the
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).
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.
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CUSIP No. 871508107.............................
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1. Names of Reporting Persons. Reliance Financial Services Corporation
I.R.S. Identification Nos. of above persons (entities only).
51-0113548
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) / /
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3. SEC Use Only
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4. Source of Funds (See Instructions)
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
X
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6. Citizenship or Place of Organization
Delaware
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Number of 7. Sole Voting Power 8,173,930
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Shares Bene-
Ficially by 8. Shared Voting Power
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Owned by Each
Reporting 9. Sole Dispositive Power 8,173,930
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Person With
10. Shared Dispositive Power
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
8,173,930
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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13. Percent of Class Represented by Amount in Row (11)
6.0%
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14. Type of Reporting Person (See Instructions)
HC
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ITEM 1. Security and Issuer.
The following information amends or supplements, as the case may be, the
information previously filed by Reliance Financial Services Corporation
("Reliance Financial") relating to the ownership by its subsidiaries of the
class of securities (the "Security") listed on the cover of this Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND.
No change except as follows:
Delete in its entirety the information with respect to Robert M. Steinberg and
James E. Yacobucci.
ITEM 5. Interest in Securities of the Issuer.
Below is a list of sales of Securities beneficially owned by Reliance Financial
which were made since the most recent filing on Schedule 13D. As of the date
hereof, 8,173,930 shares of the Security are beneficially owned by Reliance
Financial and comprise, to the best knowledge of Reliance Financial,
approximately 6.0% of the Securities outstanding. RIC has sole voting and
dispositive power over the Securities beneficially owned by Reliance Financial.
Below is a list of sales of Securities beneficially owned by Reliance Financial
since the most recent filing on Schedule 13D, all of which were accomplished
through ordinary brokerage transactions:
Number of Price
Date Company Shares Per Share
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o 6/15/00 Reliance Insurance Company 100,000 56.0000
o 6/15/00 Reliance Insurance Company 65,340 56.0625
o 6/16/00 Reliance Insurance Company 500 55.1250
o 6/16/00 Reliance Insurance Company 4.000 54.8750
o 6/16/00 Reliance Insurance Company 12,000 54.2500
o 6/16/00 Reliance Insurance Company 3.500 54.1875
o 6/16/00 Reliance Insurance Company 79,200 54.0000
o 6/16/00 Reliance Insurance Company 34,200 54.1250
o 6/16/00 Reliance Insurance Company 149,600 54.3750
o 6/16/00 Reliance Insurance Company 94,900 54.4375
o 6/16/00 Reliance Insurance Company 9,800 54.5000
o 6/16/00 Reliance Insurance Company 4,800 54.6875
o 6/16/00 Reliance Insurance Company 2,700 54.0625
o 6/16/00 Reliance Insurance Company 4,800 54.8125
o 6/19/00 Reliance Insurance Company 1,500 57.0000
o 6/19/00 Reliance Insurance Company 5,000 56.7500
o 6/20/00 Reliance Insurance Company 66,700 61.4690
o 6/21/00 Reliance Insurance Company 9,800 59.8750
o 6/21/00 Reliance Insurance Company 3,800 59.8125
o 6/22/00 Reliance Insurance Company 12,300 58.2500
o 6/22/00 Reliance Insurance Company 700 58.3125
o 6/22/00 Reliance Insurance Company 200 58.5625
o 6/29/00 Reliance Insurance Company 5.000 57.8125
o 6/29/00 Reliance Insurance Company 1,600 57.7500
o 6/29/00 Reliance Insurance Company 800 57.6250
o 6/29/00 Reliance Insurance Company 400 57.5625
o 6/29/00 Reliance Insurance Company 4,200 57.5000
o 6/29/00 Reliance Insurance Company 100 57.1250
o 6/29/00 Reliance Insurance Company 102,800 57.0000
o 6/29/00 Reliance Insurance Company 100 56.9375
o 6/29/00 Reliance Insurance Company 900 56.8750
o 6/29/00 Reliance Insurance Company 2,400 56.8125
o 6/29/00 Reliance Insurance Company 19,000 56.7500
o 6/29/00 Reliance Insurance Company 1,600 56.5625
o 6/30/00 Reliance Insurance Company 11,700 57.9375
o 6/30/00 Reliance Insurance Company 17,600 57.8750
o 6/30/00 Reliance Insurance Company 27,600 57.8125
o 6/30/00 Reliance Insurance Company 34,600 57.7500
o 6/30/00 Reliance Insurance Company 1,700 57.0688
o 6/30/00 Reliance Insurance Company 14,400 57.6250
o 7/5/00 Reliance Insurance Company 36.200 55.0000
o 7/5/00 Reliance Insurance Company 95,000 53.5625
o 7/5/00 Reliance Insurance Company 8,700 53.5000
o 7/5/00 Reliance Insurance Company 300 53.4375
o 7/5/00 Reliance Insurance Company 1,400 53.3750
o 7/5/00 Reliance Insurance Company 3,800 53.3125
o 7/5/00 Reliance Insurance Company 5,600 53.2500
o 7/5/00 Reliance Insurance Company 11,500 53.1250
o 7/5/00 Reliance Insurance Company 700 53.0625
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o 7/5/00 Reliance Insurance Company 36,800 53.0000
o 7/6/00 Reliance Insurance Company 25,000 50.3750
o 7/6/00 Reliance Insurance Company 25,000 50.4375
o 7/6/00 Reliance insurance Company 25,000 51.0000
o 7/6/00 Reliance Insurance Company 1,200 50.0000
o 7/6/00 Reliance Insurance Company 23,800 51.1875
o 7/7/00 Reliance Insurance Company 100,000 54.0000
o 7/10/00 Reliance Insurance Company 2,700 54.6250
o 7/10/00 Reliance Insurance Company 200 54.5625
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o 7/10/00 Reliance Insurance Company 500 54.5000
o 7/10/00 Reliance Insurance Company 500 54.4375
o 7/10/00 Reliance Insurance Company 17,100 54.3750
o 7/10/00 Reliance Insurance Company 100 54.3125
o 7/10/00 Reliance Insurance Company 2,500 54.2500
o 7/10/00 Reliance Insurance Company 15,700 54.1250
o 7/12/00 Reliance Insurance Company 34,300 53.8750
o
o
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To the best knowledge of Reliance Financial, Mr. Lowell C. Freiberg beneficially
owns 148,493 shares of the Security (39,373 of which are based upon the assumed
exercise of stock options beneficially owned by him), representing approximately
.11% of the Securities outstanding. Mr. Freiberg has sole voting and dispositive
power over the shares of the Security owned by him. To the best knowledge of
Reliance Financial, the other persons named in Item 2 hereof do not own in the
aggregate more than 5,000 shares of the Security.
Below is a list of sales of the Securities by Saul P. Steinberg during the past
sixty days, all of which were accomplished through ordinary brokerage
transactions:
Number of Price
Date Company Shares Per Share
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6/29/00 Saul P. Steinberg 19,686 $56.75
To Reliance Financial's knowledge, none of the other persons named in Item 2
hereof has effected any transaction in the Security during the 60 days preceding
the date of this filing.
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SIGNATURE
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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: July 14, 2000
RELIANCE FINANCIAL SERVICES CORPORATION
By: /s/ George R. Baker
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George R. Baker
President and Chief Executive Officer
