UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Central Vermont Public Service Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
155771108
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(CUSIP Number)
Anita G. Zucker, Trustee of
The Article 6 Marital Trust
c/o The InterTech Group, Inc.
4838 Jenkins Avenue
North Charleston, SC 29405
(843) 744-5174
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with a copy to:
George S. King, Jr., Esq.
Haynsworth Sinkler Boyd, P.A.
Post Office Box 11889
Columbia, South Carolina 29211
(803) 779-3080
June 24, 2010
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(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
*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).
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SCHEDULE 13D
CUSIP NO. 155771108
1. NAME OF REPORTING PERSON
Anita G. Zucker, Trustee of The Article 6 Marital Trust
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS Not Applicable (See Item 3)
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5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION: USA
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7. SOLE VOTING POWER
850,000
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8. SHARED VOTING POWER
2,000
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9. SOLE DISPOSITIVE POWER
850,000
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10. SHARED DISPOSITIVE POWER
2,000
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
852,000
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions ) [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.11%
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14. TYPE OF REPORTING PERSON (See Instructions)
IN
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Item 1. Security and Issuer
Common stock of Central Vermont Public Service Corporation, 77 Grove
Street, Rutland, Vermont 05701 (the "Issuer").
Item 2. Identity and Background
Anita G. Zucker is a natural person whose business address is c/o The
InterTech Group, Inc., 4838 Jenkins Avenue, North Charleston, South Carolina
29405. Mrs. Zucker is the Trustee of The Article 6 Marital Trust (the "Trust"),
a transferee of The Jerry Zucker Revocable Trust dated March 20, 2007. Mrs.
Zucker's principal occupation is as the Chairman and chief executive officer of
The InterTech Group, Inc., 4838 Jenkins Avenue, North Charleston, South Carolina
29405. Mrs. Zucker has not, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which he was or is subject to any
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, state or federal securities laws or finding
any violation with respect to such laws. Mrs. Zucker is a citizen of the State
of South Carolina and the United States of America.
Item 3. Source and Amount of Funds or Other Consideration
The shares of common stock as to which this filing relates were purchased
By Jerry Zucker with personal funds as set forth in Schedule 13D filed by Mr.
Zucker May 6, 2005 and amendments thereto. In 2007 Mr Zucker transferred 850,000
of the shares of common stock as to which this filing relates to the Trust of
which he was then the sole trustee. Upon the death of Mr. Zucker on April 12,
2008, Mrs. Zucker became the sole trustee of the Jerry Zucker Revocable Trust
and thereby acquired, as trustee, 850,000 of the shares of common stock as to
which this filing relates. Subsequently and pursuant to the terms of that trust,
the 850,000 shares were transferred to the Article 6 Marital Trust.
Item 4. Purpose of Transaction
The Trust holds the shares for investment purposes. The Trust will continue
to review the performance of this investment and its investment alternatives. As
part of its ongoing review of this investment in the shares, the Trust may
explore from time to time a variety of alternatives, including the acquisition
of additional securities of the Issuer or the disposition of securities of the
Issuer in the open market or in privately negotiated transactions. The Trust may
also explore other alternatives with respect to this investment in the Shares,
including but not limited to an extraordinary corporate transaction involving
the Issuer, changes in the present board of directors or management of the
Issuer, or changes in the Issuer's business or corporate structure.
The Trust has advised the board of directors of the Issuer that it would
like to be represented on the board of directors and has requested that one of
its advisors be added to the board of directors. If the request is not granted,
the Trust may nominate one or more candidates for election to the board at the
next meeting of shareholders. Although the foregoing reflects activities
presently contemplated by the Trust with respect to the Issuer, the foregoing is
subject to change at any time, and there can be no assurance that the Trust will
take any of the actions referred to above.
Except as set forth in the preceding paragraph, as of the date hereof, the
Trust does not have any plan or proposal that relates to or would result in:
(a) The acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer;
Page 4 of 6
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
(d) Any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term
of directors or to fill any existing vacancies on the board;
(e) Any material change in the present capitalization or dividend policy of
the Issuer;
(f) Any other material change in the Issuer's business or corporate
structure;
(g) Changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of
the Issuer by any person;
(h) Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national securities
association;
(i) A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) Any action similar to any of those enumerated above.
Notwithstanding the foregoing, the Trust reserves the right to effect any
such actions as it may deem necessary or appropriate in the future.
Item 5. Interest in Securities of the Issuer
The Trust owns 850,000 shares of the Issuer's common stock. Mrs. Zucker, as
Trustee of the Trust, has sole voting, investment and dispositive power with
respect to 850,000 shares. Mrs. Zucker is also an officer of a charitable
foundation which owns 2,000 shares of the Issuer's common stock and, as such,
she shares voting, investment and dispositive power as to such 2,000 shares. The
852,000 shares of the Issuer's common stock as to which Mrs. Zucker has or
shares voting, investment or dispositive power is 7.11% of the Issuer's common
stock.
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
None
Item 7. Material to be Filed as Exhibits
None
Page 6 of 6
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.
Date: June 24, 2010
s/ Anita G. Zucker
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Anita G. Zucker, as Trustee of
The Article 6 Marital Trust