-----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, PFFaSBohCeNq8YtPwSdWW3oqE685BoxwPJd3kfcK3evgQN+1KxNQxYj+i0WM0DUz tnnjB/n8CNuzMe714ABeBQ== 0000936924-99-000001.txt : 19990112 0000936924-99-000001.hdr.sgml : 19990112 ACCESSION NUMBER: 0000936924-99-000001 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990111 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COVOL TECHNOLOGIES INC CENTRAL INDEX KEY: 0001003344 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 870547337 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-50887 FILM NUMBER: 99504214 BUSINESS ADDRESS: STREET 1: 3280 N FRONTAGE RD CITY: LEHI STATE: UT ZIP: 84043 BUSINESS PHONE: 8017684481 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GALLAGHER ARTHUR J & CO CENTRAL INDEX KEY: 0000354190 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 362151613 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: TWO PIERCE PL CITY: ITASCA STATE: IL ZIP: 60143 BUSINESS PHONE: 7087733800 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No.: * Name of Issuer: Covol Technologies, Inc. Title of Class of Securities: Common Stock, $.001 par value CUSIP Number: 223575 10 1 (Date of Event Which Requires Filing of this Statement) November 10, 1998 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 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). CUSIP Number: 223575 10 1 1. Name of Reporting Person I.R.S. Identification No. of Above Person Arthur J. Gallagher & Co. 2. Check the Appropriate Box if a Member of a Group 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: 573,186 (Includes 140,642 shares of Common Stock and warrants for 216,272 shares of Common Stock exercisable at $10 per share and 216,272 shares of Common Stock exercisable at $20 per share.) 6. Shared Voting Power: None. 7. Sole Dispositive Power: 573,186 (Includes 140,642 shares of Common Stock and warrants for 216,272 shares of Common Stock exercisable at $10 per share and 216,272 shares of Common Stock exercisable at $20 per share.) 8. Shared Dispositive Power: None. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 573,186 (Includes 140,642 shares of Common Stock and warrants for 216,272 shares of Common Stock exercisable at $10 per share and 216,272 shares of Common Stock exercisable at $20 per share.) 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9) 5.1% 12. Type of Reporting Person HC-CO Item 1(a) Name of Issuer: Covol Technologies, Inc. (b) Address of Issuer's Principal Executive Offices: 3280 North Frontage Road Lehi, Utah 84043 Item 2(a) - (c). Name, Principal Business Address, and Citizenship of Persons Filing: Arthur J. Gallagher & Co. The Gallagher Centre Two Pierce Place Itasca, Illinois 60143-3141 Delaware corporation (d) Title of Class of Securities: Common Stock, $.001 par value (e) CUSIP Number: 223575 10 1 Item 3. If this statement is filed pursuant to Rule 13d-1(b)(1) or 13d-2(b) or (c) check whether the person filing is: (a) / / Broker or dealer registered under Section 15 of the Act, (b) / / Bank as defined in Section 3(a)(6) of the Act, (c) / / Insurance Company as defined in Section 3(a)(19) of the Act, (d) / / Investment Company registered under Section 8 of the Investment Company Act, (e) / / Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, (f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund, (g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G), (h) / / Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) / / Church plan excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) / / Group, in accordance with Rule 13d- 1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/ Item 4. Ownership. As of November 10, 1998, the reporting person filing this statement through its wholly-owned subsidiary, AJG Financial Services, Inc., beneficially owned the following amounts and percentages of securities of the above named issuer: (a) Amount Beneficially Owned: 573,186 (Includes 140,642 shares of Common Stock and warrants for 216,272 shares of Common Stock exercisable at $10 per share and 216,272 shares of Common Stock exercisable at $20 per share.) (b) Percent of Class: 5.1% (c) (i) 0 shares with shared power to vote or to direct the vote; (ii) 573,186* shares with sole power to vote or to direct the vote; (iii ) 0 shares with shared power to dispose or to direct the disposition of; (iv) 573,186* shares with the sole power to dispose or to direct the disposition of *(Includes 140,642 shares of Common Stock and warrants for 216,272 shares of Common Stock exercisable at $10 per share and 216,272 shares of Common Stock exercisable at $20 per share.) Item 5. Ownership of Five Percent or Less of a Class. N/A 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 by the Parent Holding Company. AJG Financial Services, Inc. is a wholly-owned subsidiary of Arthur J. Gallagher & Co. Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of the Group. N/A Item 10. Certification for Rule 13d-1(c): 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. 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. Arthur J. Gallagher & Co. By: /s/ John Rosengren Name: John Rosengren Title: Vice President and General Counsel Date: January 8, 1999 -----END PRIVACY-ENHANCED MESSAGE-----