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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
EXECUFIRST BANCORP, INC.
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(NAME OF ISSUER)
COMMON STOCK, $.01 PAR VALUE
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(TITLE OF CLASS OF SECURITIES)
320128101
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(CUSIP NUMBER)
ZEEV SHENKMAN
1724 MARTINS LANE
GLADWYNE, PENNSYLVANIA 19035
(610)527-5419
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
DECEMBER 29, 1995
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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 / /. (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.
*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).
(Continued on following page(s))
Page 1 of 5
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CUSIP NO. 320128101 130 PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ZEEV SHENKMAN
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) / /
(B) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX 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
7 SOLE VOTING POWER
NUMBER OF
SHARES 90,800
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
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REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 90,800
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,800
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CUSIP NO. 320128101 130 PAGE 2 OF 5 PAGES
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
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SCHEDULE 13D
ITEM 1 SECURITY AND ISSUER
Reference is made to the Schedule 13D, dated November 29, 1995 filed by
Mr. Zeev Shenkman ("Mr. Shenkman" or the "Reporting Person") relating to
ExecuFirst Bancorp, Inc. (the "Issuer") (such Schedule 13D is hereinafter
referred to as the "Schedule 13D"). All capitalized terms used but not
otherwise defined herein shall have the meaning ascribed to them in the
Schedule 13D.
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 of the Schedule 13D is hereby amended and supplemented by adding the
following information thereto:
Mr. Shenkman acquired 18,000 shares of Common Stock reported herein in the
following transactions:
Date Number of Shares Aggregate Purchase Price Type of Transaction
---- ---------------- ------------------------ -------------------
12/29/95 12,000 $66,000 Private
12/29/95 5,000 $26,875 Private
1/4/96 1,000 $ 5,375 Market
ITEM 5 INTEREST IN SECURITIES AND THE ISSUER
Item 5, Sections (a-b) and (c) of the Schedule 13D are hereby amended and
supplemented by adding the following information thereto:
(a-b) Beneficial Ownership of Securities of the Issuer:
As of the close of business on January 4, 1996, Mr. Shenkman directly
owns, beneficially and of record, 90,800 shares of Common Stock. Mr.
Shenkman has sole voting and dispositive power as to all 90,800 shares
of Common Stock, which shares constitute 7.4% of the Issuer's issued
and outstanding Common Stock (based on 1,226,057 shares of Common
Stock as reported in the Issuer's Quarterly Report on Form 10-QSB for
the quarter ended September 30, 1995).
(c) During the past 60 days, Mr. Shenkman has effected the following
transactions in the securities of the Issuer.
1. On January 3, 1996, Mr. Shenkman purchased 1,000 shares of
Common Stock at a purchase price of $5.375 per share.
2. On December 29, 1995, Mr. Shenkman purchased 12,000 shares of
Common Stock at a purchase price of $5.50 per share and 5,000
shares of Common Stock at a purchase price of $5.375 per share.
3. On November 29, 1995, Mr. Shenkman purchased an aggregate of
9,500 shares of Common Stock at an average purchase price of
$5.625 per share.
4. On December 7, 1995, Mr. Shenkman purchased 5,000 shares of
Common Stock at a purchase price of $5.625 per share.
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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/Zeev Shenkman
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ZEEV SHENKMAN
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