-----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, LHVdZnYn+UJweu4EG0glWOCYQA5IFPF6aCirUdnOAPsNQR908hmk0O09ImhGdzUq qduCbQLeGMPtaOOoSGA9hA== 0000938775-02-000004.txt : 20020413 0000938775-02-000004.hdr.sgml : 20020413 ACCESSION NUMBER: 0000938775-02-000004 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: URS CORP /NEW/ CENTRAL INDEX KEY: 0000102379 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 941381538 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-08539 FILM NUMBER: 02513867 BUSINESS ADDRESS: STREET 1: 100 CALIFORNIA ST STREET 2: STE 500 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4157742700 MAIL ADDRESS: STREET 1: 100 CALIFORNIA STREET STREET 2: SUITE 500 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: THORTEC INTERNATIONAL INC DATE OF NAME CHANGE: 19900222 FORMER COMPANY: FORMER CONFORMED NAME: URS CORP /DE/ DATE OF NAME CHANGE: 19871214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLUM CAPITAL PARTNERS LP CENTRAL INDEX KEY: 0000938775 IRS NUMBER: 943205364 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET # 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER COMPANY: FORMER CONFORMED NAME: BLUM RICHARD C & ASSOCIATES L P DATE OF NAME CHANGE: 19970219 SC 13D/A 1 urs13d27.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 27)* URS CORPORATION -------------------------- (Name of Issuer) Common Stock, Par Value $0.01 Per Share Series B Exchangeable Convertible Preferred Stock, Par Value $1.00 Per Share - --------------------------------------------------------------- (Title of Class of Securities) 903236107 -------------------------- (CUSIP Number) Murray A. Indick BLUM CAPITAL PARTNERS, L.P. 909 Montgomery Street, Suite 400 San Francisco, CA 94133 (415) 434-1111 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 11, 2002 ---------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. *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 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). Page 1 of 14 CUSIP NO. 903236107 SCHEDULE 13D Page 2 of 14 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON BLUM CAPITAL PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER BENEFICIALLY Common Stock (after conversion) 7,939,858** OWNED BY EACH Series B Stock 56,452** PERSON WITH ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock (after conversion) 7,939,858** Series B Stock 56,452** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock (after conversion) 7,939,858** Series B Stock 56,452** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock (after conversion) 33.7%** Series B Stock 100.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN, IA - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 3 of 14 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER BENEFICIALLY Common Stock (after conversion) 7,939,858** OWNED BY EACH Series B Stock 56,452** PERSON WITH ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock (after conversion) 7,939,858** Series B Stock 56,452** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock (after conversion) 7,939,858** Series B Stock 56,452** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock (after conversion) 33.7%** Series B Stock 100.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 4 of 14 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER Common Stock 35,578** NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER BENEFICIALLY Common Stock (after conversion) 7,939,858** OWNED BY EACH Series B Preferred Stock 56,452** PERSON WITH ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER Common Stock 35,578** ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock (after conversion) 7,939,858** Series B Preferred Stock 56,452** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock 7,939,858** Series B Preferred Stock 56,452** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock 33.9** Series B Preferred Stock 100.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 5 of 15 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON THE COMMON FUND S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 23-7037968 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER Common Stock 1,077,980** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock 1,077,980** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock 1,077,980** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock 6.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 6 of 14 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RCBA STRATEGIC PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303833 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER BENEFICIALLY Common Stock (after conversion) 5,645,200** OWNED BY EACH Series B Stock 56,452** PERSON WITH ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock (after conversion) 5,645,200** Series B Stock 56,452** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock (after conversion) 5,645,200** Series B Stock 56,452** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock (after conversion) 24.0%** Series B Stock 100.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 7 of 14 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RCBA GP, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303831 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER BENEFICIALLY Common Stock (after conversion) 5,645,200** OWNED BY EACH Series B Stock 56,452** PERSON WITH ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER Common Stock (after conversion) 5,645,200** Series B Stock 56,452** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Common Stock (after conversion) 5,645,200** Series B Stock 56,452** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Common Stock (after conversion) 24.0%** Series B Stock 100.0%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO (Limited Liability Company) - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 903236107 SCHEDULE 13D Page 8 of 14 This Amendment No. 27 amends the Statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission (the "Commission") on January 13, 2000 by BLUM Capital Partners, L.P., a California limited partnership ("BLUM LP"); Richard C. Blum & Associates, Inc., a California corporation ("RCBA Inc."); The Common Fund, a New York non-profit corporation, RCBA Strategic Partners, L.P., a Delaware limited partnership ("Strategic"); RCBA GP, L.L.C., a Delaware limited liability company ("RCBA GP"); and Richard C. Blum, the Chairman and a substantial shareholder of RCBA Inc. and a Managing Member of RCBA GP (collectively, the "Reporting Persons"). The principal executive office and mailing address of the Issuer is 100 California Street, Suite 500, San Francisco, CA 94111-4529. This amendment to the Schedule 13D relates to shares of Common Stock, par value $0.01 and shares of Series B Exchangeable Convertible Preferred Stock, par value $1.00 (the "Series B Stock"). The following amendments to Items 2 and 5 of the Schedule 13D are hereby made. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D. Item 2. Identity and Background - -------------------------------- Item 2 of the Schedule 13D is hereby amended as follows: The names of the executive officers and directors of RCBA Inc., their addresses, citizenship and principal occupations are as follows: Name and Business Citizen- Principal Occupation Office Held Address ship or Employment - -------------------- ---------------------- --------- -------------------- Richard C. Blum 909 Montgomery St. USA President & Chairman, President & Suite 400 BLUM L.P. Chairman San Francisco, CA 94133 Nils Colin Lind 909 Montgomery St. Norway Managing Partner, Managing Partner Suite 400 BLUM L.P. & Director San Francisco, CA 94133 Claus J. Moller 909 Montgomery St. Denmark Managing Partner, Managing Partner Suite 400 BLUM L.P. & Director San Francisco, CA 94133 John C. Walker 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Kevin A. Richardson 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Jose S. Medeiros 909 Montgomery St. Brazil Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 CUSIP NO. 903236107 SCHEDULE 13D Page 9 of 14 Name and Business Citizen- Principal Occupation Office Held Address ship or Employment - -------------------- ----------------------- --------- -------------------- Jeff A. Cozad 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief Partner, Chief Suite 400 Financial Officer, Financial Officer, San Francisco, CA 94133 BLUM L.P. Assistant Secretary & Director Murray A. Indick 909 Montgomery St. USA Partner and Partner, General Suite 400 General Counsel, Counsel & Secretary San Francisco, CA 94133 BLUM L.P. The principal business office address of RCBA GP is 909 Montgomery Street, Suite 400, San Francisco, CA 94133. The names of the managing members and members of RCBA GP, their addresses, citizenship and principal occupations are as follows: Name and Business Citizen- Principal Occupation Office Held Address ship or Employment - -------------------- ----------------------- --------- -------------------- Richard C. Blum 909 Montgomery St. USA President & Chairman, Managing Member Suite 400 BLUM L.P. San Francisco, CA 94133 Nils Colin Lind 909 Montgomery St. Norway Managing Partner, Managing Member Suite 400 BLUM L.P. San Francisco, CA 94133 Claus J. Moller 909 Montgomery St. Denmark Managing Partner, Managing Member Suite 400 BLUM L.P. San Francisco, CA 94133 John C. Walker 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Kevin A. Richardson 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Jose S. Medeiros 909 Montgomery St. Brazil Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 CUSIP NO. 903236107 SCHEDULE 13D Page 10 of 14 Name and Business Citizen- Principal Occupation Office Held Address ship or Employment - -------------------- ----------------------- --------- ------------------- Jeff A. Cozad 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief Member Suite 400 Financial Officer, San Francisco, CA 94133 BLUM L.P. Murray A. Indick 909 Montgomery St. USA Partner and Member Suite 400 General Counsel, San Francisco, CA 94133 BLUM L.P. To the best knowledge of the Reporting Persons, none of the entities or persons identified in this Item 2 has, during the past five years, been convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors), nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 5. Interest in Securities of the Issuer - --------------------------------------------- Item 5 of the Schedule 13D is hereby amended as follows: (a),(b) According to information furnished to the Reporting Persons by the Issuer, there were 56,452 shares of the Series B Preferred Stock outstanding as of January 18, 2002, and according to the Issuer's most recent for 10-Q, there were 17,886,520 shares of the Common Stock outstanding as of September 4, 2001. Based on the above information, after taking into account the transactions described in Item 5(c) below, the following Reporting Persons will report the following direct holdings and corresponding percentage interests in the Series B Shares and Common Stock Shares (assuming the conversion of each Reporting Person's Series B Shares into Common Shares): Total Common Shares Series B Shares (after conversion) --------------------- --------------------- Name No. Owned % Owned No. Owned % Owned - ----------------- --------- ------- --------- ------- BLUM LP 0 0.0% 2,294,658(1) 9.7% RCBA Inc. 0 0.0% 2,294,658(1) 9.7% Richard C. Blum 56,452(4) 100.0% 7,975,436(1)(2)(4) 33.9% The Common Fund 0 0.0% 1,077,980(3) 4.6% Strategic 56,452(4) 100.0% 5,645,200(4) 24.0% RCBA GP 56,452(4) 100.0% 5,645,200(4) 24.0% CUSIP NO. 903236107 SCHEDULE 13D Page 11 of 14 (1) These shares are owned directly by four limited partnerships for which BLUM LP serves as the sole general partner, four investment advisory client accounts for which it has voting and investment discretion, and 118,218 shares owned directly by BLUM LP. As the sole general partner of BLUM LP, RCBA Inc. may be deemed the beneficial owner of the securities over which BLUM LP has voting and investment power. As Chairman, director and a substantial shareholder of RCBA Inc., Richard C. Blum might be deemed to be the beneficial owner of the securities beneficially owned by RCBA Inc. BLUM LP, RCBA Inc. and Mr. Blum disclaim beneficial ownership of these shares except to the extent of any pecuniary interest therein. (2) Mr. Blum has sole beneficial ownership of 35,578 shares of the Common Stock (consisting of shares held directly, shares as beneficiary of a trust and options currently exercisable). Mr. Blum is a director of Issuer. (3) These shares are legally owned by The Common Fund for its Multi-Strategy Equity Fund and its Value Opportunities Fund (two of BLUM LP's investment advisory clients described in (1) above, collectively "The Common Fund."). BLUM LP has voting and investment power with respect to these shares, and these shares are reported as beneficially owned by BLUM LP. The Common Fund is principally engaged in the business of managing investments for educational institutions. The principal administrative office of The Common Fund is located at 15 Old Danbury Road, Wilton, Connecticut 06897-0812. The Common Fund disclaims membership in a group with any of the Reporting Persons, and disclaims beneficial ownership of any shares held by the Reporting Persons. The table reflects percentage ownership assuming the conversion of the Series B Stock; on a diluted basis. Without conversion, the Common Fund's percentage of ownership is 6.0%. (4) These shares are owned directly by Strategic. Voting and investment power concerning these shares are held solely by RCBA GP, the general partner of Strategic, which could be deemed to have beneficial ownership of these shares. As a Managing Member of RCBA GP, Mr. Blum may be deemed to be the beneficial owner of the securities over which RCBA GP has voting and investment power. RCBA GP and Mr. Blum disclaim beneficial ownership of these shares except to the extent of any pecuniary interest therein. Based on the affiliations described in Notes (1) through (4) above, the Reporting Persons may be deemed to be members in a group. (c) During the past sixty (60) days, the Reporting Persons had the following transactions in the Common Stock and Series B Stock of the Issuer: (i) on December 31, 2001, the Issuer issued 1,107 additional shares of the Series B Stock to Strategic as payment-in-kind dividends payable on Strategic's pre-existing Series B Stock, (ii) on January 3, 2002, two of the limited partnerships that are in liquidation, for which BLUM LP serves as the general partner, sold 50,000 shares of common stock in the open market pursuant to Rule 144 at a price of $25.7248 per share in connection with the liquidations of those partnerships, CUSIP NO. 903236107 SCHEDULE 13D Page 12 of 14 (iii) on January 11,2002, in connection with the liquidation of the two limited partnerships described in (ii), the two limited partnerships: (a) distributed a total of 516,029 shares of the Common Stock to the limited partners, (b) transferred 92,023 shares of the Common Stock to BLUM LP, and (c) distributed 4,858 shares to a trust for which Mr. Blum is a beneficiary, and (iv) on January 16, 2002, BLUM LP distributed 151,000 shares of the Common Stock to one of its limited partners in connection with the withdrawal of this limited partner from two of the limited partnerships for which BLUM LP serves as general partner. (d), (e) Not applicable. Item 7. Material to be Filed as Exhibits - ----------------------------------------- Exhibit A Joint Filing Undertaking. CUSIP NO. 903236107 SCHEDULE 13D Page 13 of 14 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: January 22, 2002 RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P. By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner, General Counsel Partner, General Counsel and Secretary and Secretary THE COMMON FUND By: BLUM CAPITAL PARTNERS, L.P. /s/ Murray A. Indick its investment advisor -------------------------------- RICHARD C. BLUM By: Richard C. Blum & Associates, Inc., its By: Murray A. Indick general partner Attorney-in-Fact By: /s/ Murray A. Indick ----------------------- Murray A. Indick Partner, General Counsel and Secretary RCBA GP, L.L.C. RCBA STRATEGIC PARTNERS, L.P. By RCBA GP, L.L.C., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick, Member Murray A. Indick, Member CUSIP NO. 903236107 SCHEDULE 13D Page 14 of 14 Exhibit A JOINT FILING UNDERTAKING The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party. Dated: January 22, 2002 RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P. By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner, General Counsel Partner, General Counsel and Secretary and Secretary THE COMMON FUND By: BLUM CAPITAL PARTNERS, L.P. /s/ Murray A. Indick its investment advisor -------------------------------- RICHARD C. BLUM By: Richard C. Blum & Associates, Inc., its By: Murray A. Indick general partner Attorney-in-Fact By: /s/ Murray A. Indick ----------------------- Murray A. Indick Partner, General Counsel and Secretary RCBA GP, L.L.C. RCBA STRATEGIC PARTNERS, L.P. By RCBA GP, L.L.C., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick, Member Murray A. Indick, Member -----END PRIVACY-ENHANCED MESSAGE-----