SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on May 4, 2001
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
SunSource Inc.
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(Name of Issuer)
Common Stock, $.01 per share
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(Title of Class of Securities)
867948101
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(CUSIP Number of Class of Securities)
April 23, 2001
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(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)
CUSIP No.867948101 Page 2 of 6 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
J.B. Capital Partners L.P. 13-3726439
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER:
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 385,875 shares
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER:
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 385,875 shares
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
385,875 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
(See Instructions)
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
5.6% of Common Stock
________________________________________________________________________________
12. TYPE OF REPORTING PERSON: PN
________________________________________________________________________________
CUSIP No.867948101 Page 3 of 6 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Alan W. Weber
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: United States of America
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 8,000 shares
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 385,875 shares
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 8,000 shares
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 385,875 shares
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
393,875 shares
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
(See Instructions)
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
5.7% of Common Stock
________________________________________________________________________________
12. TYPE OF REPORTING PERSON: IN
________________________________________________________________________________
CUSIP No.867948101 Page 4 of 6 Pages
________________________________________________________________________________
ITEM 1(a). Name of Issuer:
SunSource Inc.
ITEM 1(b). Address of Issuer's Principal Executive Offices:
3000 One Logan Square, Philadelphia, Pennsylvania 19103
________________________________________________________________________________
ITEM 2(a). Names of Persons Filing:
JB Capital Partners L.P. ("JB Capital")
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Alan W. Weber ("Weber")
________________________________________________________________________________
ITEM 2(b). Address of Principal Business Office Or, If None, Residence:
23 Berkley Lane, Rye Brook, New York 10573
________________________________________________________________________________
ITEM 2(c). Citizenship:
JB Capital is a Delaware Limited Partnership
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Weber is a citizen of the United States
________________________________________________________________________________
ITEM 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
________________________________________________________________________________
ITEM 2(e). CUSIP Number: 867948101
________________________________________________________________________________
ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is:
None of the reporting persons is an entity specified in Rule
13d-1(b)(1)(ii).
ITEM 4. Ownership:
(a) Amount beneficially owned by all reporting persons: 393,875 shares
CUSIP No.867948101 Page 5 of 6 Pages
________________________________________________________________________________
(b) Percent of class: 5.7% of Common Stock
(c) Number of shares as to which the reporting persons have:
(i) sole power to vote or to direct the vote: 8,000 shares
(ii) shared power to vote or to direct the vote: 385,875 shares
(iii) sole power to dispose or to direct the disposition: 8,000 shares
(iv) shared power to dispose or to direct the disposition: 385,875 shares
________________________________________________________________________________
ITEM 5. Ownership of five percent or less of a class.
Not applicable.
ITEM 6. Ownership of more than five percent on behalf of another person.
Not applicable.
ITEM 7. Identification and classification of the subsidiary which acquired the
security being reported on by the parent holding company.
Not applicable.
ITEM 8. Identification and classification of members of the group.
None of the reporting persons is an entity specified in Rule
13d-1(b)(1)(ii).
ITEM 9. Notice of dissolution of group.
Not applicable.
ITEM 10. Certifications.
By signing below I certify that, to the best of my 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.
CUSIP No.867948101 Page 6 of 6 Pages
________________________________________________________________________________
Dated: May 2, 2001
JB CAPITAL PARTNERS L.P.
By: /s/ Alan W. Weber
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Alan W. Weber, General Partner
/s/ Alan W. Weber
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Alan W. Weber, Individually *
/s/ Alan W. Weber
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Alan W. Weber, Individually **
* Regarding shares to which this reporting person holds shared voting
and dispositive power.
** Regarding shares to which this reporting person holds sole voting and
dispositive power.