UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 12)
First Empire State Corporation
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $5.00 per share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
320076102
--------------------------------------------
(CUSIP Number)
Howard N. Cayne, Esq.
Arnold & Porter
555 Twelfth Street, N.W.
Washington, D.C. 20004-1202
(202) 942-5656
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 30, 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 [_]. (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).
CUSIP No. 320076102 13D Page 2 of 24 Pages
---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert G. Wilmers
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
PF, BK, OO
- -------------------------------------------------------------------------------
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.
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 666,692
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
666,692
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
666,692
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.2%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
IN
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 3 of 24 Pages
---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
West Ferry Foundation
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 9,040
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ---------------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
9,040
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,040
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 4 of 24 Pages
---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
REM Foundation
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
WC
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Liechtenstein
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 451,320
BENEFICIALLY --------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON --------------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
451,320
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
451,320
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.0%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- -------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 5 of 24 Pages
---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hofin Anstalt
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
WC
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Liechtenstein
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 364,400
BENEFICIALLY --------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON --------------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
364,400
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
364,400
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.7%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
CO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 6 of 24 Pages
---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Argali Limited
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 30,200
BENEFICIALLY --------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
30,200
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,200
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.5%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
CO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 7 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bikala Holdings Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
WC
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Gibraltar
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
CO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 8 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alauda Investments Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Gibraltar
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 340,400
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
340,400
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
340,400
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
CO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 9 of 24 Pages
---------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grantor Retained Annuity Trust No. 2
13-7015555
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 22,418
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ---------------------------------------------------------
WTH 9 SOLE DISPOSITIVE POWER
22,418
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,418
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 10 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grantor Retained Annuity Trust No. 3
13-7015556
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 28,489
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ---------------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
28,489
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,489
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 11 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grantor Retained Annuity Trust No. 4
13-7015557
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 32,099
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ---------------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
32,099
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,099
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 12 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grantor Retained Annuity Trust No. 5
13-7015558
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 34,476
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
34,476
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,476
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 13 of 24 Pages
---------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grantor Retained Annuity Trust No. 6
13-7015559
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP/*/
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS/*/
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 36,151
BENEFICIALLY ---------------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------------
9 SOLE DISPOSITIVE POWER
36,151
---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,151
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES/*/ [_]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON/*/
OO
- --------------------------------------------------------------------------------
CUSIP No. 320076102 13D Page 14 of 24 Pages
---------
AMENDMENT NO. 12 TO SCHEDULE 13D
--------------------------------
The Schedule 13D, dated May 8, 1980, as amended, of Robert G. Wilmers,
West Ferry Foundation, REM Foundation, Hofin Anstalt, Argali Limited, Bikala
Holdings Ltd., Alauda Investments Ltd., Grantor Retained Annuity Trust No. 2,
Grantor Retained Annuity Trust No. 3, Grantor Retained Annuity Trust No. 4,
Grantor Retained Annuity Trust No. 5, and Grantor Retained Annuity Trust No. 6
(collectively, the "Reporting Persons") is hereby amended as set forth below.
Pursuant to Rule 13d-2(c) of Regulation 13D-G, this Amendment No. 12
to Schedule 13D restates the text of Schedule 13D to reflect certain information
as of the date hereof. This Amendment No. 12 to Schedule 13D should be read in
conjunction with, and is qualified in its entirety by reference to, Amendments
Nos. 1 through 11 to this Schedule 13D.
Item 1. Security and Issuer
-------------------
This statement relates to the Common Stock, par value $5.00 per share
(the "Shares"), of First Empire State Corporation ("First Empire"), a bank
holding company and New York corporation, which has its principal executive
offices at One M&T Plaza, Buffalo, New York 14240.
Item 2. Identity and Background
-----------------------
(a)-(c), (f). The following information is furnished with respect to
each of the Reporting Persons:
(1) Robert G. Wilmers
-----------------
Mr. Wilmers, a citizen of the United States, is Chairman of the Board
of Directors, President and Chief Executive Officer of First Empire and
Chairman, President and Chief Executive Officer of First Empire's commercial
bank subsidiary Manufacturers and Traders Trust Company ("Manufacturers"). The
principal business address of Mr. Wilmers, First Empire and Manufacturers is One
M&T Plaza, Buffalo, New York 14240.
(2) West Ferry Foundation
---------------------
The West Ferry Foundation, a charitable trust organized under the laws
of the State of New York, was formed for the purpose of holding the Shares
donated to it by Mr. Wilmers exclusively for charitable, religious, scientific,
literary and educational purposes, including for such purposes, the making of
distributions to organizations that qualify as exempt organizations under
Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The
principal address of West Ferry Foundation is One M&T Plaza, Buffalo, New York
14240. Mr. Wilmers is the sole trustee of West Ferry Foundation and, in that
capacity, Mr. Wilmers holds sole voting and dispositive power over the shares
that it owns.
(3) Rem Foundation
--------------
Rem Foundation, a corporation organized under the laws of
Liechtenstein, is the functional equivalent of a trust under the laws of the
United States. Rem Foundation's principal business is making investments in,
and holding securities of, other businesses. Its sole beneficiary is Mary
Katherine Frears, the sister of Robert G. Wilmers. The address of Rem
Foundation's principal business is Allgemeines Treuunternehmen, Postfach 34 722,
FL-9490, Vaduz, Liechtenstein.
CUSIP No. 320076102 13D Page 15 of 24 Pages
---------
Rem Foundation has two trustees. Information
with respect to each trustee of Rem Foundation is set forth below:
Name and business address Principal occupation Citizenship
- --------------------------------------------------------------------------
Rene Merkt Mr. Merkt is engaged in the Switzerland
15 Rue General DuFour, 1211 practice of law.
Geneva, 11 Switzerland
Guido Meier Mr. Meier is engaged in the Liechtenstein
Allgemeines Treuunternehmen, practice of law.
Postfach 427, FL-9490
Vaduz, Liechtenstein
(4) Hofin Anstalt
-------------
Hofin Anstalt, a corporation organized under the laws of
Liechtenstein, is owned by Jorge G. Pereira, a director and Vice Chairman of the
Board of Directors of First Empire and a director and vice chairman of the board
of directors of Manufacturers. Its principal business is making investments in,
and holding securities of, other businesses. The address of Hofin Anstalt's
principal business is P.O. Box 83, Vaduz, Liechtenstein.
Information with respect to each executive officer and director of,
and each person controlling, Hofin Anstalt and each executive officer and
director of any corporation ultimately in control of Hofin Anstalt is set forth
below:
Name and business address Principal occupation Citizenship
- ----------------------------------------------------------------------------
Jorge Pereira Mr. Pereira is a private Portugal
P.O. Box 83 investor. He is a director and
Vaduz, Liechtenstein vice chairman of the board of
(Director) directors of First Empire.
Walter Keicher Dr. Keicher is engaged in the Liechtenstein
P.O. Box 83 practice of law.
Vaduz, Liechtenstein
(Director)
(5) Argali Limited
--------------
Argali Limited is a corporation organized under the laws of the
British Virgin Islands. Its principal business is making investments in, and
holding securities of, other businesses. The address of its principal office
and of its principal business is c/o Michael D. Riegels, Craigmuir Chambers,
P.O. Box 71, Road Town, Tortola, B.V.I. All of the equity of Argali Limited is
owned by Mr. Riegels, as trustee for the Malaori Trust, a trust organized under
the laws of the British Virgin Islands.
Mr. Wilmers no longer holds a joint power of attorney with respect to
the Shares owned by Argali Limited.
CUSIP No. 320076102 13D Page 16 of 24 Pages
---------
Information with respect to each executive officer and director of,
and each person controlling, Argali Limited and each executive officer and
director of any corporation ultimately in control of Argali Limited is set forth
below:
Name and business address Principal occupation Citizenship
- --------------------------------------------------------------------------------
Chiquita G.M. Harding Ms. Harding provides services Dutch
c/o Edge Management Service to investment holding company
56 Kenpark Avenue clients through Edge
Brampton, Ontario L62 3L4 Management Service.
(President)
Michael D. Riegels Mr. Riegels is engaged in the United Kingdom
Craigmuir Chambers practice of law in the British
P.O. Box 71, Road Town Virgin Islands.
Tortola, B.V.I.
(Director and Trustee of
Malaori Trust)
(6) Bikala Holdings Ltd. and Alauda Investments Ltd.
------------------------------------------------
Bikala Holdings Ltd. and Alauda Investments Ltd. are corporations
organized under the laws of Gibraltar. The principal business of each
corporation is making investments in, and holding securities of, other
businesses. The address of both corporations' principal executive offices and
of their principal businesses is c/o Ernest Russo, 12 College Lane, Gibraltar.
All of the equity of Bikala Ltd. and Alauda Investments Ltd. is owned by Hofin
Anstalt.
Information with respect to each executive officer and director of,
and each person controlling, Bikala Ltd. and Alauda Investments Ltd. and each
executive officer and director of any corporation ultimately in control of such
corporations is set forth below:
Name and business address Principal occupation Citizenship
- --------------------------------------------------------------------------------
Ernest Russo Mr. Russo is engaged in Gibraltar, United Kingdom
12 College Lane the practice of law in
Gibraltar Gibraltar.
Mr. Pereira serves as a director of both Bikala Holdings Ltd. and
Alauda Investments Ltd. Information with respect to Hofin Anstalt and Mr.
Pereira is set forth above.
(7) Grantor Retained Annuity Trusts
-------------------------------
Each Trust is an irrevocable grantor retained annuity trust organized
under the laws of the State of New York. The principal address of each Trust is
2 Wall Street, 15th Floor, New York, New York 10005. The Trusts were formed at
the direction of Mr. Wilmers, who made a gift to each Trust of Shares. The
Trusts will terminate in successive years from 1995 to 2000.
During the term of each Trust, Mr. Wilmers will be entitled to receive
a fixed annual annuity calculated as a percentage of the original value of such
Trust's assets and retains sole voting and dispositive
CUSIP No. 320076102 13D Page 17 of 24 Pages
---------
power with respect to the Shares held in the Trusts. Upon termination of the
Trusts, the trustees are to hold the remaining trust corpus, if any, in
continuing trusts with discretionary power in Mr. Wilmers' co-trustee to make
distributions to the beneficiaries specified in the trust agreements. During
his lifetime, Mr. Wilmers retains sole voting power with respect to any Shares
held in the continuing trusts.
With respect to the Trust that terminated during 1995, the co-trustee
of such Trust has made a discretionary distribution of the remaining trust
corpus to a beneficiary. Accordingly, Grantor Retained Annuity Trust No. 1 is
no longer a Reporting Person for the purposes of this Schedule 13D.
Mr. Wilmers and Ira H. Jolles are the trustees of each Trust.
Information with respect to Mr. Wilmers is set forth above. Certain
information with respect to Mr. Jolles is set forth below:
Name and business address Principal occupation Citizenship
- --------------------------------------------------------------------------------
Ira H. Jolles Mr. Jolles is engaged in the United States
c/o General Public Utilities practice of law. He is employed
Corporation by General Public Utilities
100 Interspace Parkway Corporation ("GPU"), which is a
Parsippany, NJ 07054 registered public utility
holding company.
(d) and (e). During the last five years, none of the Reporting
Persons, nor any of their respective directors, trustees, or executive officers,
nor any person controlling any of the Reporting Persons, has been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
was a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result was of such proceeding 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.
Item 3. Source and Amount of Funds or Other Consideration
-------------------------------------------------
Information with respect to the source and amount of funds or other
consideration used or to be used in purchasing Shares has been previously
provided.
Item 4. Purpose of Transaction
----------------------
Item 4 is amended as follows:
On November 30, 1995, Mr. Wilmers filed a Notice of Change in Bank
Control ("Notice") with the Federal Reserve Bank of New York pursuant to the
Change in Bank Control Act of 1978, as amended ("CIBC Act"), and the regulations
of the Board of Governors of the Federal Reserve System thereunder. The purpose
of such Notice is to permit Mr. Wilmers to increase his holdings of Shares to an
amount in excess of 10.3 percent, but not to exceed 24.99 percent of the
outstanding Shares, as a result of (1) periodic repurchases of Shares by First
Empire, which would have the effect of increasing the relative ownership
interests of the remaining First Empire stockholders, including Mr. Wilmers, (2)
certain stock options granted by First Empire to Mr. Wilmers becoming
exercisable by Mr. Wilmers and thus being attributed to Mr. Wilmers for purposes
of the CIBC Act, (3) the acquisition of additional Shares through Mr. Wilmers'
participation in First
CUSIP No. 320076102 13D Page 18 of 24 Pages
---------
Empire's Retirement Savings Plan through investment designations and dividend
reinvestments and (4) the purchase of additional Shares in the open market or in
private transactions.
Mr. Wilmers reserves the right to purchase additional Shares or
dispose of Shares from time to time as conditions appear advantageous for doing
so. No specific transactions are currently planned. The Notice contemplates
that in the event Mr. Wilmers purchases additional Shares in the open market or
in private transactions he will not spend more than $1 million, in the
aggregate, in connection with such purchases.
On November 28, 1995 First Empire's board of directors authorized a
repurchase of 380,582 Shares.
Mr. Wilmers has previously filed two Notices with respect to First
Empire pursuant to which he has been authorized to control up to 10.3 percent of
the Shares of First Empire.
CUSIP No. 320076102 13D Page 19 of 24 Pages
---------
Item 5. Interest in Securities of the Issuer
------------------------------------
Item 5 is amended as follows:
(a) - (b) The aggregate number and percentage of outstanding Shares
beneficially owned by each Reporting Person are set forth below. Unless
otherwise indicated, each Reporting Person has sole voting and dispositive power
with respect to the Shares listed opposite his name.
Percentage of Outstanding
Reporting Person Number of Shares Owned Shares Owned/(1)/
- ---------------- ---------------------- --------------------------
Robert G. Wilmers 666,692/(2)/ 10.2%
West Ferry Foundation 9,040 .1
REM Foundation 451,320 7.0
Hofin Anstalt 364,400/(3)/ 5.7
Bikala Holdings Ltd. 0 0
Alauda Investments Ltd. 340,400 5.3
Argali Limited 30,200 .5
Trust No. 2 22,418 .3
Trust No. 3 28,489 .4
Trust No. 4 32,099 .5
Trust No. 5 34,476 .5
Trust No. 6 36,151 .6
Reporting Persons as a 1,512,612 23.1%
Group
- ----------------
/(1)/ Based upon 6,444,102 Shares outstanding as of November 24, 1995. In
calculating the beneficial ownership percentage for Mr. Wilmers and the
aggregate percentage for all of the Reporting Persons, Shares subject to
options held by Mr. Wilmers which are currently exercisable or
exercisable within 60 days from the date hereof are added to the total
Shares outstanding.
/(2)/ Includes the Shares owned by the West Ferry Foundation, a charitable
trust formed by Mr. Wilmers, of which Mr. Wilmers, as trustee, holds sole
voting and dispositive power and 153,633 Shares held by the Trusts. Also
includes (i) 90,000 Shares subject to stock options which are currently
exercisable or exercisable within 60 days of the date hereof, (ii) 3,167
Shares allocated under First Empire's Retirement Savings Plan, and
(iii) 3,515 Shares held by a close relative or the estate of a close
relative as to which beneficial ownership is disclaimed. Excludes 40,000
Shares subject to stock options which will become exercisable over the
course of the following 3 years.
/(3)/ Since Hofin Anstalt is the sole stockholder of Alauda Investments Ltd.
and Bikala Holdings Ltd., its beneficial ownership
includes Shares held by such entities.
Since the filing of Amendment No. 11 to this Schedule 13D, the number and
percentage of Shares beneficially owned by the Reporting Persons have changed
primarily as a result of (i) the repurchase of Shares by First Empire and (ii)
the vesting of options covering Shares held by Mr. Wilmers.
CUSIP No. 320076102 13D Page 20 of 24 Pages
---------
(c) Information with respect to transactions during the last 60 days by
the Reporting Persons is set forth in Schedule I hereto.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
----------------------------------------------------------------------
In connection with the Notice described under Item 4 above, Mr. Wilmers has
advised the Federal Reserve Bank of New York that he will not exercise any
vested options to purchase Shares during the pendency of the Notice.
Item 7. Material to be Filed as Exhibits
--------------------------------
None.
JOINT FILING AGREEMENT
By signing this Amendment No. 12, each Reporting Person acknowledges and
agrees that the Schedule 13D, as amended hereby, is filed on such Reporting
Person's behalf and agrees to such joint filing in accordance with Rule 13d-1(f)
of the Securities and Exchange Commission.
CUSIP No. 320076102 13D Page 21 of 24 Pages
SIGNATURES
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.
November 30, 1995 /s/ Robert G. Wilmers
- ----------------- ------------------------------------
(Date) Robert G. Wilmers
November 30, 1995 REM FOUNDATION
- -----------------
(Date)
By: /s/ Rene Merkt
------------------------------------
Rene Merkt, Director
November 30, 1995 WEST FERRY FOUNDATION
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
November 30, 1995 HOFIN ANSTALT
- -----------------
(Date)
By: /s/ Jorge Pereira
------------------------------------
Jorge Pereira, President
November 30, 1995 ALAUDA INVESTMENTS LTD.
- -----------------
(Date)
By: /s/ Jorge Pereira
------------------------------------
Jorge Pereira
November 30, 1995 BIKALA HOLDINGS LTD.
- -----------------
(Date)
By: /s/ Jorge Pereira
------------------------------------
Jorge Pereira, Director
November 30, 1995 ARGALI LIMITED
- -----------------
(Date)
By: /s/ Chiquita G.M. Harding
-----------------------------------
Chiquita G.M. Harding, President
CUSIP No. 320076102 13D Page 22 of 24 Pages
---------
November 30, 1995 GRANTOR RETAINED ANNUITY TRUST NO. 2
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
By: /s/ Ira H. Jolles
------------------------------------
Ira H. Jolles, Trustee
November 30, 1995 GRANTOR RETAINED ANNUITY TRUST NO. 3
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
By: /s/ Ira H. Jolles
------------------------------------
Ira H. Jolles, Trustee
November 30, 1995 GRANTOR RETAINED ANNUITY TRUST NO. 4
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
By: /s/ Ira H. Jolles
------------------------------------
Ira H. Jolles, Trustee
November 30, 1995 GRANTOR RETAINED ANNUITY TRUST NO. 5
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
By: /s/ Ira H. Jolles
------------------------------------
Ira H. Jolles, Trustee
CUSIP No. 320076102 13D Page 23 of 24 Pages
---------
November 30, 1995 GRANTOR RETAINED ANNUITY TRUST NO. 6
- -----------------
(Date)
By: /s/ Robert G. Wilmers
------------------------------------
Robert G. Wilmers, Trustee
By: /s/ Ira H. Jolles
------------------------------------
Ira H. Jolles, Trustee
CUSIP No. 320076102 13D Page 24 of 24 Pages
---------
SCHEDULE I
(1) Person (2) Date of (3) Number of (4) Price Per (5) Where and
Effecting Transaction Shares Share How Effected
Transaction
- ----------------------------------------------------------------------------------------------------------
Robert G. Wilmers 11/24/95 50 n/a gift
Grantor Retained Annuity 11/24/95 9,051 n/a distribution/(1)/
Trust No. 1
West Ferry Foundation 11/29/95 160 n/a gift
- -----------------
/(1)/ Discretionary distribution of remaining trust corpus by co-trustee to
trust beneficiary in accordance with the terms of the Trust. As a result
of this distribution, Trust No. 1 is no longer considered to be a
Reporting Person for the purposes of this Schedule 13D.
