-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E8OPi6A3bzHRdjB9tqv1JmU6BDb+YzOvblZQIPcGAj0ppINHvprx1yvIW9mqfeDP dzcyEGOwpxh846tAKUi68Q== 0000922423-99-000172.txt : 19990215 0000922423-99-000172.hdr.sgml : 19990215 ACCESSION NUMBER: 0000922423-99-000172 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GT INTERACTIVE SOFTWARE CORP CENTRAL INDEX KEY: 0001002607 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133689915 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-47017 FILM NUMBER: 99536492 BUSINESS ADDRESS: STREET 1: 417 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2127266500 MAIL ADDRESS: STREET 1: 417 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10016 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CAYRE JACK J ET AL CENTRAL INDEX KEY: 0001008185 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 16 EAST 40TH ST CITY: NEW YORTK STATE: NY ZIP: 10016 BUSINESS PHONE: 2129513000 MAIL ADDRESS: STREET 2: 16 EAST 40TH STREET CITY: NY STATE: NY ZIP: 10016 SC 13G/A 1 INFORMATION STATEMENT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 3 to SCHEDULE 13G (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 GT Interactive Software Corp. ----------------------------- (Name of Issuer) Common Stock, $.01 par value ---------------------------- (Title of Class of Securities) 36236E 10 9 ----------- (CUSIP Number) December 31, 1998 ------------------------------------- (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 13e-1(d) Page 1 of 13 Pages Amendment No. 3 to SCHEDULE 13G CUSIP No. 36236E 10 9 Page 2 of 13 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jack J. Cayre - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5) SOLE VOTING POWER 3,214,500 (See Item 4) NUMBER ------------------------------------------------- OF 6) SHARED VOTING POWER SHARES Not Applicable BENEFICIALLY ------------------------------------------------- OWNED BY 7) SOLE DISPOSITIVE POWER EACH 3,214,500 (See Item 4) REPORTING ------------------------------------------------- PERSON 8) SHARED DISPOSITIVE POWER WITH Not Applicable - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,214,500 (See Item 4) - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.4% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- Amendment No. 3 to SCHEDULE 13G CUSIP No. 36236E 10 9 Page 3 of 13 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5) SOLE VOTING POWER 18,794 NUMBER ------------------------------------------------- OF 6) SHARED VOTING POWER SHARES Not Applicable BENEFICIALLY ------------------------------------------------- OWNED BY 7) SOLE DISPOSITIVE POWER EACH 18,794 REPORTING ------------------------------------------------- PERSON 8) SHARED DISPOSITIVE POWER WITH Not Applicable - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,794 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.03% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- Amendment No. 3 to SCHEDULE 13G CUSIP No. 36236E 10 9 Page 4 of 13 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5) SOLE VOTING POWER 86,206 NUMBER ------------------------------------------------- OF 6) SHARED VOTING POWER SHARES Not Applicable BENEFICIALLY ------------------------------------------------- OWNED BY 7) SOLE DISPOSITIVE POWER EACH 86,206 REPORTING ------------------------------------------------- PERSON 8) SHARED DISPOSITIVE POWER WITH Not Applicable - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 86,206 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.1% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- Amendment No. 3 to SCHEDULE 13G CUSIP No. 36236E 10 9 Page 5 of 13 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Jack J. Cayre Foundation Inc. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5) SOLE VOTING POWER 475,085 NUMBER ------------------------------------------------- OF 6) SHARED VOTING POWER SHARES Not Applicable BENEFICIALLY ------------------------------------------------- OWNED BY 7) SOLE DISPOSITIVE POWER EACH 475,085 REPORTING ------------------------------------------------- PERSON 8) SHARED DISPOSITIVE POWER WITH Not Applicable - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 475,085 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.7% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: GT Interactive Software Corp. Item 1(b). Address of Issuer's Principal Executive Offices: 417 Fifth Avenue, New York, NY 10016 Item 2(a). Name of Person Filing: Jack J. Cayre Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee The Jack J. Cayre Foundation Inc. Item 2(b). Address of Principal Business Office or, if None, Residence: The principal business office of Jack J. Cayre, Jack J. Cayre Grantor Retained Annuity Trust and Jack J. Cayre 1997 Irrevocable Retained Annuity Trust is 417 Fifth Avenue, New York, NY 10016. Item 2(c). Citizenship: Jack J. Cayre: United States of America Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee: New York Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee: New York The Jack J. Cayre Foundation Inc.: Delaware Item 2(d). Title of Class of Securities: Common Stock, $.01 par value (the "Common Stock") Item 2(e). CUSIP Number: 36236E 10 9 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not applicable Item 4. Ownership. Jack J. Cayre: (a) Amount beneficially owned: 3,214,500 shares* ----------------- (b) percent of class: 4.4% ---- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 3,214,500* ----------- (ii) Shared power to vote or to direct the vote Not Applicable --------------- (iii) Sole power to dispose or to direct the disposition of 3,214,500* ---------- (iv) Shared power to dispose or to direct the disposition of Not Applicable -------------- * Includes 284,500 shares subject to options exercisable within 60 days. Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee: (a) Amount beneficially owned: 18,794 shares ------------- (b) percent of class: 0.03% ----- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 18,794 ------ (ii) Shared power to vote or to direct the vote Not Applicable --------------- (iii) Sole power to dispose or to direct the disposition of 18,794 ------ (iv) Shared power to dispose or to direct the disposition of Not Applicable -------------- Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee: (a) Amount beneficially owned: 86,206 shares ------------- (b) percent of class: 0.1% ---- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 86,206 ------ (ii) Shares power to vote or to direct the vote Not Applicable --------------- (iii) Sole power to dispose or to direct the disposition of 86,206 ------ (iv) Shares power to dispose or to direct the disposition of Not Applicable -------------- The Jack J. Cayre Foundation Inc.: (a) Amount beneficially owned: 475,085 shares -------------- (b) percent of class: 0.7% ---- (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote 475,085 ------- (ii) Shared power to vote or to direct the vote Not Applicable -------------- (iii) Sole power to dispose or to direct the disposition of 475,085 ------- (iv) Shared power to dispose or to direct the disposition Not Applicable -------------- Jack J. Cayre is the beneficiary of the reporting Grantor Retained Annuity Trust and Irrevocable Retained Annuity Trust. The Jack J. Cayre Foundation Inc. (the "Foundation") is a charitable foundation whose sole trustee is Jack J. Cayre. The filing of this Schedule 13G shall not be construed as an admission that Jack J. Cayre is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any of the Common Stock held by the Foundation. 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. Not applicable Item 8. Identification and Classification of Members of the Group. See Exhibit 1, Agreement of joint filing pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934. Item 9. Notice of Dissolution of Group. Not applicable Item 10. Certification. Not applicable SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: February 5, 1999 /s/ Jack J. Cayre -------------------------------------- Jack J. Cayre SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: February 5, 1999 Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee By: /s/ Joseph Cayre ---------------------------------- Name: Joseph Cayre Title: Trustee SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: February 5, 1999 Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee By: /s/ Joseph Cayre ------------------------------------- Name: Joseph J. Cayre Title: Trustee SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: February 5, 1999 The Jack J. Cayre Foundation, Inc. By: /s/ Jack J. Cayre ------------------------------- Name: Jack J. Cayre Title: Trustee EXHIBIT 1 --------- AGREEMENT OF JOINT FILING Pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned persons hereby agree to file with the Securities and Exchange Commission the Statement on Schedule 13G (the "Statement") to which this Agreement is attached as an exhibit, and agree that such Statement, as so filed, is filed on behalf of each of them. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 5, 1999. /s/ Jack J. Cayre -------------------------------------------- Jack J. Cayre Jack J. Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Joseph Cayre, Trustee By: /s/ Joseph Cayre -------------------------------- Name: Joseph Cayre Title: Trustee Jack J. Cayre 1997 Irrevocable Retained Annuity Trust u/a/d 6/4/97, Joseph J. Cayre, Trustee By: /s/ Joseph Cayre -------------------------------- Name: Joseph J. Cayre Title: Trustee The Jack J. Cayre Foundation Inc. By: /s/ Jack J. Cayre -------------------------------- Name: Jack J. Cayre Title: Trustee Exhibit 1 -----END PRIVACY-ENHANCED MESSAGE-----