SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
ANCHOR BANCORP WISCONSIN INC.
(NAME OF ISSUER)
COMMON STOCK, $.10 PAR VALUE PER SHARE
(TITLE OF CLASS OF SECURITIES)
032839 10 2
(CUSIP NUMBER)
Douglas J. Timmerman
Anchor BanCorp Wisconsin Inc.
25 West Main Street
Madison, Wisconsin 53703
(608) 252-8700
(NAME, ADDRESS, TELEPHONE NUMBER OF PERSONS AUTHORIZED TO RECEIVE NOTICES AND
COMMUNICATIONS)
May 16, 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 [ ].
Page 1 of 4 Pages
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CUSIP No. 032839 10 2 13D/A Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Douglas J. Timmerman
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
203,500
8 SHARED VOTING POWER
179,521
9 SOLE DISPOSITIVE POWER
203,500
10 SHARED DISPOSITIVE POWER
160,333
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
383,021
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.1
14 TYPE OF REPORTING PERSON*
IN
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CUSIP No. 032839 10 2 13D/A Page 3 of 4 Pages
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Douglas J. Timmerman (the "Reporting Person") beneficially owns
383,021 shares of common stock, par value $.10 per share ("Common Stock"), of
Anchor BanCorp Wisconsin Inc. (the "Issuer"), which represents approximately
8.1% of the outstanding shares of Common Stock. As of June 6, 1997,
4,452,117 shares of Common Stock were outstanding, not including outstanding
options to purchase Common Stock. The number of shares of Common Stock
beneficially owned by the Reporting Person does not include 99,741 shares of
Common Stock held by a rabbi trust established by the Issuer to fund certain
benefits to the Reporting Person pursuant to a deferred compensation
agreement entered into between the Issuer and the Reporting Person, a
Supplement Executive Retirement Plan and an Excess Benefit Plan; the Reporting
Person does not possess voting or dispositive power with respect to such
shares.
(b) The Reporting Person has sole voting and dispositive power
with respect to 203,500 shares of Common Stock (which represent shares of
Common Stock which may be purchased upon the exercise of stock options). The
Reporting Person has shared voting and dispositive power with respect to
127,649 shares of Common Stock held jointly with his wife (including 71,949
shares held in a living trust for the benefit of the Reporting Person and his
wife) and also has shared voting and dispositive power with respect to 32,684
shares of Common Stock held in the Retirement Plan. The Reporting Person has
shared voting and no dispositive power with respect to 19,188 shares of Common
Stock (which include 6,688 shares of Common Stock held in the ESOP and 12,500
shares of Common Stock held in the MRP).
(c) The number of shares of Common Stock beneficially owned by the
Reporting Person include options to purchase 25,500 shares of Common Stock
which become exercisable on July 16, 1997 (which shares are deemed to be
beneficially owned by the Reporting Person as of May 16, 1997). The Reporting
Person had no other transactions in the Issuer's securities during the last 60
days.
(d) Not Applicable.
(e) Not Applicable.
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CUSIP No. 032839 10 2 13D/A Page 4 of 4 Pages
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, the undersigned certifies that the information set forth in
this Amendment to Statement on Schedule 13D is true, complete and correct.
/S/ DOUGLAS J. TIMMERMAN
Douglas J. Timmerman
Date: June 16, 1997
