Sec Form 13D Filing - Cochran Edward W filing for CF BANKSHARES INC. (CFBK) - 2022-02-15

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

 

 

CF BANKSHARES INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

12520L109

(CUSIP Number)

Edward W. Cochran

20030 Marchmont Rd

Shaker Heights, OH 44122

(216) 751-5546

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February 15, 2022

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 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. 12520L109    13D    Page 2 of 4 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  EDWARD W. COCHRAN

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

  (a)  ☐        (b)  ☐

  3.  

  SEC USE ONLY

 

  4.  

  SOURCE OF FUNDS (see instructions)

 

  PF

  5.  

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

  SOLE VOTING POWER

 

  338,916

     8.  

  SHARED VOTING POWER

 

  0

     9.  

  SOLE DISPOSITIVE POWER

 

  338,916

   10.  

  SHARED DISPOSITIVE POWER

 

  0

11.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  338,916

12.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)

 

  ☐

13.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.37%

14.  

  TYPE OF REPORTING PERSON (see instructions)

 

  IN


CUSIP No. 12520L109

   13D    Page 3 of 4 Pages

Item 1. Security and Issuer.

 

  Common

Stock of CF Bankshares Inc.

  7000

N High Street

  Worthington,

OH 43085

Item 2. Identity and Background.

 

  a.

Edward W. Cochran

 

  b.

20030 Marchmont Road, Shaker Heights, Ohio 44122

 

  c.

Self-employed attorney

 

  d.

No

 

  e.

No

 

  f.

USA

Item 3. Source or Amount of Funds or Other Consideration.

Personal Funds in the aggregate amount of $2,300,000

Item 4. Purpose of Transaction.

Private Investment

Item 5. Interest in Securities of the Issuer.

 

  a.

The 338,916 shares of Common Stock beneficially owned include 4,545 shares of Common Stock which may be acquired upon the exercise of stock options which are currently exercisable or will become exercisable within 60 days. The 338,916 shares of Common Stock represents 6.37% of outstanding voting Common Stock of CF Bankshares Inc., calculated based upon the sum of (a) 5,317,434 shares of voting Common Stock outstanding as of November 1, 2021 (as reported in the most recent Quarterly Report on Form 10-Q of CF Bankshares Inc.), plus (b) the number of shares of Common Stock which may be acquired by the person identified in Item 2 (the “Reporting Person”) within 60 days pursuant to the exercise of outstanding stock options.

 

  b.

The Reporting Person has sole voting and dispositive power with respect to all 338,916 shares of Common Stock.

 

  c.

None

 

  d.

None

 

  e.

Not applicable

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

None

Item 7. Material to Be Filed as Exhibits.

None


CUSIP No. 12520L109

   13D    Page 4 of 4 Pages

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.

 

/s/ Edward W . Cochran
Edward W Cochran/Indi vidual
February 15, 2022