Amended Statement of Ownership (sc 13g/a)
11 February 2023 - 08:34AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G/A
(Rule
13d-102)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO
RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO
FILED
PURSUANT
TO RULE 13d-2(b)
(Amendment
No. 6)
AmeriServ Financial, Inc.
(Name
of Issuer)
Common
Stock
(Title
of Class of Securities)
03074A102
(CUSIP
Number)
December
31, 2022
(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)
[X] Rule
13d-1(c)
[ ] Rule
13d-1(d)
|
* |
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 the disclosures provided in a prior
cover page. |
The
information required in 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 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 pages)
|
CUSIP
NO. 03074A102 |
13G |
Page 2
of 9 Pages |
|
1 |
NAMES
OF REPORTING PERSONS
M3
FUNDS, LLC
|
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[ ]
(b)
[ ]
|
|
3 |
SEC
USE ONLY
|
|
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
STATE
OF DELAWARE, UNITED STATES OF AMERICA
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE
VOTING POWER
N/A
|
|
6 |
SHARED
VOTING POWER
454,366
shares of Common Stock
|
|
7 |
SOLE
DISPOSITIVE POWER
N/A
|
|
8 |
SHARED
DISPOSITIVE POWER
454,366
shares of Common Stock
|
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
454,366
shares of Common Stock
|
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN
SHARES
[ ]
|
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.65%
of the outstanding shares of Common Stock
|
|
12 |
TYPE
OF REPORTING PERSON
OO
(Limited Liability Company)
|
|
|
|
|
|
|
CUSIP
NO. 03074A102 |
13G |
Page 3
of 9 Pages |
|
1 |
NAMES
OF REPORTING PERSONS
M3
PARTNERS, LP
|
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[ ]
(b)
[ ]
|
|
3 |
SEC
USE ONLY
|
|
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
STATE
OF DELAWARE, UNITED STATES OF AMERICA
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH |
5 |
SOLE
VOTING POWER
N/A
|
|
6 |
SHARED
VOTING POWER
454,366
shares of Common Stock
|
|
7 |
SOLE
DISPOSITIVE POWER
N/A
|
|
8 |
SHARED
DISPOSITIVE POWER
454,366
shares of Common Stock
|
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
454,366
shares of Common Stock
|
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN
SHARES
[ ]
|
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.65%
of the outstanding shares of Common Stock
|
|
12 |
TYPE
OF REPORTING PERSON
PN
(Limited Partnership)
|
|
|
|
|
|
|
CUSIP
NO. 03074A102 |
13G |
Page 4
of 9 Pages |
|
1 |
NAMES
OF REPORTING PERSONS
M3F,
INC.
|
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[ ]
(b)
[ ]
|
|
3 |
SEC
USE ONLY
|
|
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
STATE
OF UTAH, UNITED STATES OF AMERICA
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE
VOTING POWER
N/A
|
|
6 |
SHARED
VOTING POWER
454,366
shares of Common Stock
|
|
7 |
SOLE
DISPOSITIVE POWER
N/A
|
|
8 |
SHARED
DISPOSITIVE POWER
454,366
shares of Common Stock
|
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
454,366
shares of Common Stock
|
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN
SHARES
[ ]
|
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.65%
of the outstanding shares of Common Stock
|
|
12 |
TYPE
OF REPORTING PERSON
CO,
IA
|
|
|
|
|
|
|
CUSIP
NO. 03074A102 |
13G |
Page 5
of 9 Pages |
|
1 |
NAMES
OF REPORTING PERSONS
Jason
A. Stock
|
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[ ]
(b)
[ ]
|
|
3 |
SEC
USE ONLY
|
|
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
UNITED
STATES OF AMERICA
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE
VOTING POWER
N/A
|
|
6 |
SHARED
VOTING POWER
454,366
shares of Common Stock
|
|
7 |
SOLE
DISPOSITIVE POWER
N/A
|
|
8 |
SHARED
DISPOSITIVE POWER
454,366
shares of Common Stock
|
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
454,366
shares of Common Stock
|
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN
SHARES
[ ]
|
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.65%
of the outstanding Common Stock
|
|
12 |
TYPE
OF REPORTING PERSON
IN
|
|
|
|
|
|
|
CUSIP
NO. 03074A102 |
13G |
Page 6
of 9 Pages |
|
1 |
NAMES
OF REPORTING PERSONS
William
C. Waller
|
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
[ ]
(b)
[ ]
|
|
3 |
SEC
USE ONLY
|
|
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION
UNITED
STATES OF AMERICA
|
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5 |
SOLE
VOTING POWER
N/A
|
|
6 |
SHARED
VOTING POWER
454,366
shares of Common Stock
|
|
7 |
SOLE
DISPOSITIVE POWER
N/A
|
|
8 |
SHARED
DISPOSITIVE POWER
454,366
shares of Common Stock
|
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
454,366
shares of Common Stock
|
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN
SHARES
[ ]
|
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.65%
of the outstanding Common Stock
|
|
12 |
TYPE
OF REPORTING PERSON
IN
|
|
|
|
|
|
| Item
1. |
(a) |
Name
of Issuer: |
AmeriServ
Financial, Inc. (the “Issuer”)
|
(b) |
Address
of Issuer’s Principal Executive Offices: |
Main
& Franklin Streets, P.O. Box 430,
Johnstown,
PA 15907-0430
| Item
2. |
(a) |
Name
of Persons Filing: |
M3
Funds, LLC
M3
Partners, LP
M3F,
Inc.
Jason
A. Stock
William
C. Waller
|
(b) |
Address
of Principal Business Office or, if None,
Residence: |
For
all persons filing:
2070
E 2100 S, Suite 250
Salt
Lake City, UT 84109
M3
Funds, LLC is a Delaware limited liability company
M3
Partners, LP is a Delaware limited partnership
M3F,
Inc. is a Utah corporation
Mr.
Stock and Mr. Waller are United States citizens
|
(d) |
Title
of Class of Securities: |
Common
Stock
03074A102
|
|
Item
3. |
If
This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a: |
Not
applicable. Filed pursuant to Rule 13d-1(c).
|
|
M3
Funds, LLC
|
M3
Partners, LP
|
M3F,
Inc.
|
Jason
A. Stock
|
William
C. Waller
|
|
(a)
Amount Beneficially Owned: |
454,366 |
454,366 |
454,366 |
454,366 |
454,366 |
|
(b)
Percent of Class: |
2.65% |
2.65% |
2.65% |
2.65% |
2.65% |
|
(c)
Number of Shares to Which Reporting Person Has:
|
|
|
|
|
(i)
Sole Voting Power: |
N/A |
N/A |
N/A |
N/A |
N/A |
|
(ii)
Shared Voting Power: |
454,366 |
454,366 |
454,366 |
454,366 |
454,366 |
|
(iii)
Sole Dispositive Power: |
N/A |
N/A |
N/A |
N/A |
N/A |
|
(iv)
Shared Dispositive Power: |
454,366 |
454,366 |
454,366 |
454,366 |
454,366 |
The
reported shares are the Issuer’s common stock.
All
of the reported shares are owned directly by M3 Partners, L.P. (“M3
Partners”), whose general partner is M3 Funds, LLC (the “General
Partner”) and whose investment adviser is M3F, Inc. (the
“Investment Adviser”). The General Partner and the Investment
Adviser could each be deemed to be indirect beneficial owners of
the reported shares, and could be deemed to share such beneficial
ownership with M3 Partners.
Jason
A. Stock and William C. Waller are the managers of the General
Partner and the managing directors of the Investment Adviser, and
could be deemed to share such indirect beneficial ownership with
the General Partner, the Investment Adviser and M3
Partners.
| Item
5. |
Ownership
of Five Percent or Less of a Class. |
If
this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [X].
| Item
6. |
Ownership
of More than Five Percent on Behalf of Another
Person. |
Not
applicable.
|
Item
7. |
Identification
and Classification of the Subsidiary That Acquired the Security
Being Reported on by the Parent Holding Company or Control
Person. |
Not
applicable.
| Item
8. |
Identification
and Classification of Members of the Group. |
Not
applicable.
| Item
9. |
Notice
of Dissolution of Group. |
Not
applicable.
By
signing below, each of the undersigned certifies that, to the best
of his or its knowledge and belief, the securities referred to
above were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or
effect.
Signature
After
reasonable inquiry and to the best of each of the undersigned’s
knowledge and belief, each of the undersigned certifies that the
information set forth in this Statement is true, complete and
correct.
| |
Date: |
February
10, 2023 |
|
| |
|
|
|
| |
M3 PARTNERS,
LP |
|
| |
|
|
|
| |
By: |
M3
Funds, LLC, General Partner |
|
| |
|
|
|
| |
By: |
/s/
Jason A. Stock |
|
| |
Name: |
Jason
A. Stock |
|
| |
Title: |
Manager |
|
| |
|
|
|
| |
Date: |
February
10, 2023 |
|
| |
|
|
|
| |
M3 FUNDS,
LLC |
|
| |
|
|
|
| |
By: |
/s/
Jason A. Stock |
|
| |
Name: |
Jason
A. Stock |
|
| |
Title: |
Manager |
|
| |
|
|
|
| |
Date: |
February
10, 2023 |
|
| |
|
|
|
| |
M3F, INC. |
|
| |
|
|
|
| |
By: |
/s/
Jason A. Stock |
|
| |
Name: |
Jason
A. Stock |
|
| |
Title: |
Managing
Director |
|
| |
|
|
|
| |
Date: |
February
10, 2023 |
|
| |
|
|
|
| |
/s/
Jason A. Stock |
|
| |
Jason A.
Stock |
|
| |
|
|
|
| |
Date: |
February
10, 2023 |
|
| |
|
|
|
| |
/s/
William C. Waller |
|
| |
William C.
Waller |
|
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