Amended Statement of Ownership (sc 13g/a)
February 12 2021 - 4:07PM
Edgar (US Regulatory)
UNITED STATES
SECURITES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 13G
Under the Securities Exchange Act of
1934
(Amendment
No. 16 )
SEVERN
BANCORP, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
81811M100
(CUSIP Number)
December 31,
2020
(Date of Event Which Requires Filing of
this Statement)
Check the appropriate box to designate the rule pursuant
to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
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1.
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Name of Reporting Persons.
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I.R.S. Identification Nos. of above persons (entities only).
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Alan
J. Hyatt
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2.
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Check
the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b)
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X*
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* This Reporting Person is part of a “Control Group” as previously determined by the former Office of Thrift Supervision but does not affirm the existence of such a group.
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4.
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Citizenship
or Place of Organization
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United
States of America
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5.
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Sole Voting Power:
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353,342
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1
2 4 5
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Number of
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Shares
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6.
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Shared Voting Power:
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2,363,754
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3
6
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Beneficially
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Owned
by
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7.
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Sole Dispositive Power:
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192,269
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1
4
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Each
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Reporting
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8.
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Shared Dispositive Power:
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2,363,754
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3
6
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Person With
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
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2,717,096
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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None
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11.
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Percent
of Class Represented by Amount in Row (9)
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21.1% 7
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12.
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Type
of Reporting Person (See Instructions)
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IN
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1
Includes 144,269 shares owned by Mr. Hyatt.
2
Includes 148,823 shares allocated to Mr. Hyatt as a participant in the Company’s Employee Stock Ownership Plan
(“ESOP”), with respect to which Mr. Hyatt can direct the voting of such shares.
3
Includes 1,376,564 shares jointly owned by Mr. Hyatt and his wife.
4
Includes 48,000 issuable upon exercise of options exercisable within 60 days of December 31, 2020.
5
Includes 12,250 shares held by a company of which Mr. Hyatt is a general partner.
6
Includes 987,190 shares held by Trusts for which Mr. Hyatt is co-trustee.
7
Based on 12,843,349 shares outstanding as of December 31, 2020 and 48,000 shares that would be outstanding upon exercise
of options.
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1.
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Name of Reporting Persons.
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I.R.S. Identification Nos. of above persons (entities only).
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Sharon G. Hyatt
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2.
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Check
the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b)
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X*
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* This Reporting Person is part of a “Control Group” as previously determined by the former Office of Thrift Supervision but does not affirm the existence of such a group.
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4.
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Citizenship
or Place of Organization
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United
States of America
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5.
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Sole Voting Power:
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7,738
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Number of
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Shares
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6.
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Shared Voting Power:
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1,376,564 1
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Beneficially
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Owned
by
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7.
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Sole Dispositive Power:
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7,738
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Each
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Reporting
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8.
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Shared Dispositive Power:
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1,376,564 1
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Person With
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
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1,384,302
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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None
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11.
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Percent
of Class Represented by Amount in Row (9)
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10.8% 2
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12.
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Type
of Reporting Person (See Instructions)
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IN
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1
Includes 1,376,564 shares jointly owned by Ms. Hyatt and her husband.
2
Based on 12,843,349 shares outstanding as of December 31, 2020.
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1.
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Name of Reporting Persons.
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I.R.S. Identification Nos. of above persons (entities only).
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Jo Ann Hyatt Modlin
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2.
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Check
the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b)
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X*
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* This Reporting Person is part of a “Control Group” as previously determined by the former Office of Thrift Supervision but does not affirm the existence of such a group.
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4.
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Citizenship
or Place of Organization
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United
States of America
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5.
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Sole Voting Power:
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1,217 1
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Number of
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Shares
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6.
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Shared Voting Power:
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1,077,904 2 3
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Beneficially
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Owned
by
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7.
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Sole Dispositive Power:
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1,217 1
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Each
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Reporting
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8.
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Shared Dispositive Power:
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1,077,904 2 3
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Person With
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9.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
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1,079,121
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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None
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11.
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Percent
of Class Represented by Amount in Row (9)
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8.4% 4
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12.
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Type
of Reporting Person (See Instructions)
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IN
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1
Shares allocated to Ms. Modlin as a participant in the company’s Employee Stock Ownership Plan.
2
Includes 987,190 shares held by Trusts for which Ms. Modlin is co-trustee.
3
Includes 90,714 shares jointly owned by Ms. Modlin and her husband.
4
Based on 12,843,349 shares outstanding as of December 31, 2020.
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Item 1.
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(a)
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Severn Bancorp,Inc.
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(b)
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200 Westgate Circle, Suite 200,
Annapolis, Maryland 21401
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Item
2.
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(a)
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Alan J. Hyatt and Sharon G.Hyatt. The Hyatts are husband and wife.
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(b)
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200 Westgate Circle, Suite 200,
Annapolis, Maryland 21401
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(c)
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United States of America
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Item 3.
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If this statement is filed pursuant to §§240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a: Not Applicable
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By Alan J. Hyatt
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By Sharon G. Hyatt
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By Jo Ann Hyatt Modlin
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(a)
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2,717,096
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(a)
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1,384,302
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(a)
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1,079,121
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(b)
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21.1%
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(b)
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10.8%
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(b)
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8.4%
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(c)
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(i)
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353,342
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(c)
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(i)
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7,738
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(c)
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(i)
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1,217
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(ii)
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2,363,754
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(ii)
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1,376,564
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(ii)
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1,077,904
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(iii)
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192,269
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(iii)
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7,738
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(iii)
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1,217
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(iv)
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2,363,754
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(iv)
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1,376,564
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(iv)
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1,077,904
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For more information, see the responses to attached cover pages.
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For more information, see the responses to attached cover pages.
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For more information, see the responses to attached cover pages.
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Item
5.
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Ownership of Five Percent
or Less of a Class
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Not Applicable
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Item
6.
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Ownership of More than
Five Percent on Behalf of Another Person.
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Not Applicable
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Item 7.
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Identification and Classification of the Subsidiary, Which Acquired the Security Being Reported on By the Parent Holding
company or Control Person.
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Not Applicable
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Item 8.
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Identification and Classification of Members of the Group
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Not Applicable
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Item 9.
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Notice of Dissolution of Group
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Not Applicable
Not Applicable
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.
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February 12, 2021
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Date
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/s/ Alan J. Hyatt
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Alan J. Hyatt
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/s/ Sharon G. Hyatt
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Sharon G. Hyatt
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/s/ Jo Ann Hyatt Modlin
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Jo Ann Hyatt Modlin
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Exhibit A
AGREEMENT RELATING TO JOINT FILING OF SCHEDULE
13G
The undersigned hereby agree that a single
Schedule 13G (or any amendment thereto) relating to the Common Stock of Severn Bancorp, Inc. shall be filed on behalf of each
of the undersigned and that this Agreement shall be filed as an Exhibit to such Schedule 13G.
This Agreement and the filing of the Schedule
13G shall not be construed to be an admission that any of the undersigned is a member of a "group" consisting of one
or more of such persons pursuant to Section 13(g) of the Securities Exchange Act of 1934, as amended and the rules thereunder.
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Dated:
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February 12, 2021
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/s/ Alan J. Hyatt
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Alan J. Hyatt
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/s/ Sharon G. Hyatt
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Sharon G. Hyatt
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/s/ Jo Ann Hyatt Modlin
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Jo Ann Hyatt Modlin
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