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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
PATRIOT NATIONAL BANCORP, INC.
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(Name of Issuer)
Common Stock, $2.00 par value per share
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(Title of Class of Securities)
70336F104
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(CUSIP Number)
DECEMBER 31, 2006
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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)
*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 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 13G
CUSIP No. 70336F104 Page 2 of 5 Pages
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
HARVEY SANDLER REVOCABLE TRUST
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2 Check the Appropriate Box If a Member of a Group (See Instructions)
a. [_]
b. [_]
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3 SEC Use Only
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4 Citizenship or Place of Organization
FLORIDA
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5 Sole Voting Power
Number of 379,772
Shares -------------------------------------------------------------
Benefically 6 Shared Voting Power
Owned By
Each -0-
Reporting -------------------------------------------------------------
Person 7 Sole Dispositive Power
With
379,772
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8 Shared Dispositive Power
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
379,772 shares of Common Stock
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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)
8.0%
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12 Type of Reporting Person (See Instructions)
OO
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CUSIP No. 70336F104 Page 3 of 5 Pages
Item 1(a) Name of Issuer: Patriot National Bancorp, Inc. (the "Issuer")
Item 1(b) Address of the Issuer's Principal Executive Offices:
900 Bedford Street, Stamford, Connecticut 203324
Item 2(a) Name of Person Filing:
Harvey Sandler Revocable Trust
Item 2(b) Address of Principal Business Office or, if None, Residence:
c/o Sandler Enterprises, Inc., 21170 N.E. 22nd Court North,
Miami Beach, Florida 33180
Item 2(c) Citizenship:
Harvey Sandler Revocable Trust is a trust organized under the laws
of the State of Florida.
Item 2(d) Title of Class of Securities:
Common Stock, par value $2.00 per share
Item 2(e) CUSIP Number:
70336F104
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership:
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1.
Harvey Sandler Revocable Trust
(a) Amount beneficially owned: 379,772 shares of Common Stock,
$2.00 par value per share, of Patriot National Bancorp, Inc.
(b) Percent of class: 8.0%
CUSIP No. 70336F104 Page 4 of 5 Pages
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
379,772 shares
(ii) Shared power to vote or to direct the vote:
0 shares
(iii) Sole power to dispose or to direct the
disposition of: 379,772 shares
(iv) Shared power to dispose or to direct the
disposition of: 0 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 or
Control Person:
Not applicable.
Item 8. Identification and Classification of Members of the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
By signing below the undersigned certifies that, to the best of
such person's 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 such securities and were not acquired
and are not held in connection with or as a participant in any transaction
having such purpose or effect.
CUSIP No. 70336F104 Page 5 of 5 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Date: February 26, 2007 HARVEY SANDLER REVOCABLE TRUST
By: /s/ Harvey Sandler
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Name: Harvey Sandler
Title: Sole Trustee