Form 8-K

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported) October 10, 2003

 

 

FRAWLEY CORPORATION

(Exact name of Registrant as Specified in Charter)

 

Delaware   1-6436   95-2639686

(State of Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

5737 Kanan Road. PMB #188 Agoura Hills, California 91301

(Address of Principal Executive Offices)

 

(818) 735-6640

Registrant’s telephone number, including area code

 

(Former Name or Former Address, if Changed Since Last Report)

 

Item 5. Other Events and Required FD Disclosure.

 

On October 10, 2003, the Frawley Family Trust (the “Trust”) distributed 314,187 of its shares of Frawley Corporation common stock par value $1.00 per share to the following beneficiaries listed below.

 

It is anticipated that within two weeks, the Trust will distribute an additional 14,596 of its shares of Frawley Corporation common stock par value $1.00 per share to the following beneficiaries listed below:

 

          Name of Beneficiary   Number of Shares   Percentage of ownership after distribution
             
   

Dr. Patrick Joseph Frawley III

436 N. Ontare Rd.

Santa Barbara, CA 93105

     54,796   11.56%(1)
             
             
   

Miss Mary Louise Frawley

10633 Wilkins Ave. # 1

Los Angeles, CA 90024

     54,797   11.68%
             
             
   

Mrs. Eileen Frawley Callahan

10700 Wilshire Blvd. # 303

Los Angeles, CA 90024

     54,798   8.36%
             
             
   

Mr. Michael P. Frawley

28756 W. Pisces St.

Agoura Hills, CA 91301

   54,798   11.13%
             
             
   

Mrs. Joan Frawley Desmond

7106 44th St.

Chevy Chase, MD 20815

     54,797   8.86%
             
             
   

Mrs. Barbara Frawley Ross

315 E 72nd St # 19B

New York, NY 10021

     54,797   4.48%
             
             
   

Total

   328,783   56.07%

 

  (1)   Additionally Dr. Frawley holds 22,456 shares or 1.83% as custodian for his children, as to which he disclaims beneficial ownership.

 

Upon completion of the distribution, the Trust held no shares or 0% of our issued and outstanding common stock. The shares were distributed pursuant to an exemption from registration made available under Section 4(2) of the Securities Act of 1933, as amended.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

FRAWLEY CORPORATION

Date:   October 10, 2003           By:  

/s/    MICHAEL P. FRAWLEY

           

Name:

   Michael P. Frawley
           

Title:

   President

 

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