|
Washington
Trust Bancorp, Inc.
|
|
(Name
of Issuer)
|
|
Common
Stock, $.0625 par value
|
|
(Title
of Class of Securities)
|
|
940610
10 8
|
|
(CUSIP
Number)
|
|
December
31, 2008
|
|
(Date
of Event Which Requires Filing of this
Statement)
|
|
CUSIP
No. 940610 10
8
|
13G
|
Page
2 of 7
Pages
|
|
1
|
NAME
OF REPORTING PERSON
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
David
W. Wallace
|
||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
□
(b)
□
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
SOLE
VOTING POWER
944,972
|
|
|
6
|
SHARED
VOTING POWER
1,047,000
|
||
|
7
|
SOLE
DISPOSITIVE POWER
944,972
|
||
|
8
|
SHARED
DISPOSITIVE POWER
1,047,000
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,991,972
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [ ]
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.482%
|
||
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
||
|
CUSIP
No. 940610
10 8
|
13G
|
Page
3 of 7
Pages
|
|
1
|
NAME
OF REPORTING PERSON
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Jean
and David W. Wallace Foundation
|
||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
□
(b)
□
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
SOLE
VOTING POWER
913,000
|
|
|
6
|
SHARED
VOTING POWER
0
|
||
|
7
|
SOLE
DISPOSITIVE POWER
913,000
|
||
|
8
|
SHARED
DISPOSITIVE POWER
0
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
913,000
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [ ]
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.721%
|
||
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
||
|
CUSIP
No. 940610
10 8
|
13G
|
Page
4 of 7
Pages
|
|
Item
1(a).
|
Name
of Issuer:
|
|
|
Washington
Trust Bancorp, Inc. (the “Issuer”)
|
|
Item
1(b).
|
Address
of Issuer’s Principal Executive Offices:
|
|
|
23
Broad Street, Westerly,
RI 02891
|
|
Item
2(a).
|
Name
of Person Filing:
|
||
|
This
statement is being filed by the following persons with respect to the
shares of Common Stock of the Issuer directly owned by:
|
|||
|
(i)
|
David
W. Wallace;
|
||
|
(ii)
|
Jean
and David W. Wallace Foundation
|
||
|
Item
2(b).
|
Address
of Principal Business Office or, if None, Residence:
|
|
|
Address
for David W. Wallace:
|
||
|
680
Steamboat Road, Greenwich, CT 06380
|
||
|
Address
for Jean and David W. Wallace Foundation:
|
||
|
680
Steamboat Road, Greenwich, CT 06380
|
|
Item
2(c).
|
Citizenship:
|
|
|
David
W. Wallace – United States
|
||
|
Jean
and David W. Wallace Foundation –
Delaware
|
|
Item
2(d).
|
Title
of Class of Securities:
|
|
|
Common
Stock, $.0625 par value
|
|
Item
2(e).
|
CUSIP
Number:
|
|
|
940610
10 8
|
|
CUSIP
No. 940610
10 8
|
13G
|
Page
5 of 7
Pages
|
|
(a)
|
Amount
beneficially owned:
|
|
|
1,991,972
Shares of Common Stock
|
||
|
(b)
|
Percent
of class:
|
|
|
12.482%
|
||
|
(c)
|
Number
of shares as to which such person has:
|
|
|
(i)
|
Sole
power to vote or to direct the vote
|
|
|
944,972
|
||
|
(ii)
|
Shared
power to vote or to direct the vote
|
|
|
1,047,0001
|
||
|
(iii)
|
Sole
power to dispose or to direct the disposition
|
|
|
944,972
|
||
|
(iv)
|
Shared
power to dispose or to direct the disposition
|
|
|
1,047,0002
|
||
|
(a)
|
Amount
beneficially owned:
|
|
|
913,000
Shares of Common Stock
|
||
|
(b)
|
Percent
of class:
|
|
|
5.721%
|
||
|
(c)
|
Number
of shares as to which such person has:
|
|
|
(i)
|
Sole
power to vote or to direct the vote
|
|
|
913,000
|
||
|
(ii)
|
Shared
power to vote or to direct the vote
|
|
|
0
|
||
|
(iii)
|
Sole
power to dispose or to direct the disposition
|
|
|
913,000
|
||
|
(iv)
|
Shared
power to dispose or to direct the disposition
|
|
|
0
|
||
|
CUSIP
No. 940610
10 8
|
13G
|
Page
6
of 7
Pages
|
|
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 a reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following
[ ].
|
|
Item
6.
|
Ownership
of More than Five Percent on Behalf of Another Person.
|
|
|
N/A
|
|
Item
7.
|
Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company.
|
|
|
N/A
|
|
Item
8.
|
Identification
and Classification of Members of the Group.
|
|
|
N/A
|
|
Item
9.
|
Notice
of Dissolution of Group.
|
|
|
N/A
|
|
Item
10.
|
Certifications.
|
|
|
N/A
|
|
CUSIP
No. 940610
10 8
|
13G
|
Page
7 of 7
Pages
|
|
February
13, 2009
|
||
|
DAVID
W. WALLACE
|
||
|
By:
|
/s/ David W. Wallace | |
|
Name:
David W. Wallace
|
|
February
13, 2009
|
||
|
JEAN
AND DAVID W. WALLACE FOUNDATION
|
||
|
By:
|
/s/ David W. Wallace | |
|
Name:
David W. Wallace
|
||
|
Title:
Trustee
|
|
Exhibit
1.
|
Joint
Filing Agreement as required by Rule 13d-1(k)(1) under the Securities
Exchange Act of 1934, as
amended.
|
|
February
13, 2009
|
||
|
DAVID
W. WALLACE
|
||
|
By:
|
/s/ David W. Wallace | |
|
Name:
David W. Wallace
|
|
JEAN
AND DAVID W. WALLACE FOUNDATION
|
||
|
By:
|
/s/ David W. Wallace | |
|
Name:
David W. Wallace
|
||
|
Title:
Trustee
|