UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
TENNEY ENGINEERING, INC.
(Name of Issuer)
Common Stock, Par Value $.10 per share
(Title of Class of Securities)
880625-10-8
(CUSIP Number)
Martin Pelman
c/o TENNEY ENGINEERING, INC.
1090 Springfield Road, Union, NJ 07083 Tel. - 908-686-7870
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 3, 1995
(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
X. (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 4 Pages<PAGE>
CUSIP No. 880625-10-8
SCHEDULE 13D Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert S. Schiffman ####-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 SOURCE OF 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
U.S.A.
NUMBER OF 7 SOLE VOTING POWER
SHARES 423,395
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,419
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 423,395
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,419
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
426,309
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.4%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Item 1.Security and
Issuer.
Common Stock of Tenney Engineering, Inc. ("Tenney"), 1090
Springfield Road, Union, New Jersey 07083
Item 2. Identity and Background.
The reporting person is Robert S. Schiffman, a United
States citizen, whose business address is c/o Tenney
Engineering, Inc., 1090 Springfield Road, Union, New
Jersey 07083. Mr. Schiffman's principal occupation is
Chairman, President and Chief Executive Officer of
Tenney. Mr. Schiffman has had no involvement in any
judicial or administrative proceeding of a type required
to be disclosed hereunder.
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable.
Item 4. Purpose of Transaction
Not applicable.
Item 5. Interest in Securities of the Issuer.
As of the date hereof, the reporting person owns an
aggregate of 538,395 shares of Tenney common stock as to
which he has sole voting and dispositive power. In
addition, the reporting person shares voting and
dispositive power with respect to 2,914 shares of Tenney
common stock registered in the name of his wife.
On June 1, 1995, the reporting person received a stock
option pursuant to Tenney's 1995 Incentive Stock Option
Plan to purchase 65,000 shares of Tenney's common stock
at a purchase price of $.257812 per share. The option
is exercisable between December 2, 1995 and May 31, 1998.
The aggregate number of shares owned by the reporting
person and his wife and subject to option is 426,309 and
represents approximately 11.4% of Tenney' outstanding
shares.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
Not applicable.
Item 7. Material to be filed as Exhibits.
Not applicable.
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/Robert S. Schiffman
Signature
Robert S. Schiffman Date: October 3, 1995
Name
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. )
TENNEY ENGINEERING, INC.
(Name of Issuer)
Common Stock, Par Value $.10 per share
(Title of Class of Securities)
880625-10-8
(CUSIP Number)
Walter Gottesman
c/o Tenney Engineering, Inc.
1090 Springfield Road
Union, New Jersey 07083 (201) 686-7870
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 22, 1982
(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
X. (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 filed 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 3 Pages<PAGE>
CUSIP No. 880625-10-8
13D Page 2 of 3 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert S. Schiffman ####-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 SOURCE OF 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
U.S.A.
NUMBER OF 7 SOLE VOTING POWER
SHARES 230,032
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 533
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 230,032
PERSON 10 SHARED DISPOSITIVE POWER
WITH 533
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
230,565
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* X
Excludes 42,798 shares registered in the names of minor
children of Mr. Robert S. Schiffman
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.4%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Item 1.Security and
Issuer.
Common Stock of Tenney Engineering, Inc. ("Tenney"), 1090
Springfield Road, Union, New Jersey 07083
Item 2. Identity and Background.
The reporting person is Robert S. Schiffman, a United
States citizen, whose business address is c/o Tenney
Engineering, Inc., 1090 Springfield Road, Union, New
Jersey 07083. Mr. Schiffman's principal occupation is
President of Tenney. Mr. Schiffman has had no
involvement in any judicial or administrative proceeding
of a type required to be disclosed hereunder.
Item 3. Source and Amount of Funds or Other Consideration.
Not Applicable.
Item 4. Purpose of Transaction
The reporting person is President and a Director of
Tenney, and may, with his immediate family, be in control
of Tenney. The reporting person's holdings of Tenney
stock were previously included in filings made by a group
which has now been dissolved. Accordingly, the reporting
person is now filing separately.
Item 5. Interest in Securities of the Issuer.
As of the date hereof, the reporting person owns an
aggregate of 230,032 shares of Tenney common stock as to
which he has sole voting and dispositive power. In
addition, the reporting person shares voting and
dispositive power with respect to 533 shares of Tenney
common stock registered in the name of his wife. The
aggregate number of shares, 230,565, represents
approximately 10.4% of Tenney' outstanding shares.
The reporting person sold 5,000 shares of Tenney common
stock by means of sales effected on the American Stock
Exchange by a registered securities dealer. The dates
of these sales were November 5, 1982, November 16, 1982
and November 17, 1982 and the average price per share of
the shares sold was $4.93.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
Not Applicable.
Item 7. Material to be filed as Exhibits.
Not Applicable.
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.
Date
s/Robert S. Schiffman
Signature
Robert S. Schiffman
Name
