UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. ____ ) *
TRI-COUNTY FINANCIAL CORPORATION
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
89546L 10 7
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(CUSIP Number)
NA
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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)
[ ] Rule 13d-1(c)
[x] 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 ("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).
Page 1 of 6 pages
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CUSIP NO. 89546L 10 7 13G PAGE 2 OF 6 PAGES
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1 NAMES OF REPORTING PERSONS:
MICHAEL L. MIDDLETON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
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NUMBER OF 5 SOLE VOTING POWER 43,704
SHARES ------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 9,304
OWNED BY ------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER 73,204
REPORTING ------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER 9,304
WITH
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
82,508
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5% (2)
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 89546L 10 7 13G PAGE 3 OF 6 PAGES
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1 NAMES OF REPORTING PERSONS:
SARA MIDDLETON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
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NUMBER OF 5 SOLE VOTING POWER 7,419
SHARES ------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY ------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER 7,419
REPORTING ------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER 0
WITH
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,419
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.0%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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PAGE 4 OF 6 PAGES
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ITEM 1(a) NAME OF ISSUER: TRI-COUNTY FINANCIAL CORPORATION
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3035 Leonardtown Road, Waldorf, Maryland 20604
ITEM 2(a) NAMES OF PERSONS FILING: Michael L. and Sara Middleton
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
3035 Leonardtown Road, Waldorf, Maryland 20604
ITEM 2(c) CITIZENSHIP: United States of America
ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value.
ITEM 2(e) CUSIP NUMBER: 89546L 10 7
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 A:
Not applicable. This Statement is being filed pursuant to
Rule 13d-1(d).
ITEM 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED: See Row 9 of the second part of
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the cover page for each reporting person.
(b) PERCENT OF CLASS: See Row 11 of the second part of the cover
----------------
page for each reporting person.
(c) NUMBER OF SHARES AS TO WHICH THE PERSON HAS: See Rows 5, 6,
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7, and 8 of the second part of the cover page for each
reporting person.
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: [ ]
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PAGE 5 OF 6 PAGES
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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.
See Exhibit A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
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.
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PAGE 6 OF 6 PAGES
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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/ Michael L. Middleton February 6, 2002
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Michael L. Middleton Date
/s/ Sara Middleton February 6, 2002
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Sara Middleton Date
EXHIBIT A
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Members of the group:
Michael L. Middleton
Sara Middleton
EXHIBIT B
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AGREEMENT RELATING TO FILING OF
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JOINT STATEMENT PURSUANT TO
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RULE 13d-1(k) UNDER
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THE SECURITIES EXCHANGE ACT OF 1934
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The Undersigned agree that the Statement of Schedule 13G to which this
Agreement is attached is filed on behalf of each of them.
Date: February 6, 2002 By: /s/ Michael L. Middleton
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Michael L. Middleton
By: /s/ Sara Middleton
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Sara Middleton