-----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, GTbe3af4jFuQ8xxE/xlSplZOspVTk/OjXSDbhzXkH7Idck2H4oTylX7N33vRyPnZ C0aCrPfALo3rSy7qbP6VFA== 0000950138-97-000392.txt : 19980102 0000950138-97-000392.hdr.sgml : 19980102 ACCESSION NUMBER: 0000950138-97-000392 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971231 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PRECISION AUTO CARE INC CENTRAL INDEX KEY: 0001038541 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] IRS NUMBER: 541847851 STATE OF INCORPORATION: VA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-52145 FILM NUMBER: 97747644 BUSINESS ADDRESS: STREET 1: 748 MILLER DRIVE SE CITY: LEESBURG STATE: VA ZIP: 20175 BUSINESS PHONE: 7037779095 MAIL ADDRESS: STREET 1: 748 MILLER DRIVE SE CITY: LEESBURG STATE: VA ZIP: 20175 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STIRITZ WILLIAM P CENTRAL INDEX KEY: 0001052058 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 10401 CLAYTON RD STREET 2: STE 101 CITY: ST LOUIS STATE: MO ZIP: 63131 MAIL ADDRESS: STREET 1: 10401 CLAYTON RD STREET 2: STE 101 CITY: ST LOUIS STATE: MO ZIP: 63131 SC 13D 1 SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Precision Auto Care, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 Par Value - -------------------------------------------------------------------------------- (Title of Classes of Securities) 74018 R 105 - -------------------------------------------------------------------------------- (CUSIP Number) William P. Stiritz Suite 101, 10401 Clayton Road St. Louis, MO 63131 (314) 692-3214 - -------------------------------------------------------------------------------- (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) December 23, 1997 - -------------------------------------------------------------------------------- (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 [ ]. (Continued on following pages) (Page 1 of 5 Pages) - --------------- 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 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 NO. 74018 R 105 SCHEDULE 13D Page 2 of 5 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS/ I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) William P. Stiritz - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5) CHECK 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 500,000 NUMBER OF SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH -------------------------------------- ----------------------- REPORTING 9 SOLE DISPOSITIVE POWER 500,000 PERSON WITH -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 500,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ X ] - -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 9.13% - -------------------------------------------------------------------------------- 14) Type of Reporting Person IN - -------------------------------------------------------------------------------- CUSIP NO. 74018 R 105 SCHEDULE 13D Page 3 of 5 Pages Item 1. Security and Issuer. Common Stock, $.01 Par Value; Precision Auto Care, Inc. 748 Miller Drive, S.E. Leesburg, Virginia 20175 Item 2. Identity and Background. (a) William P. Stiritz (b) Suite 101, 10401 Clayton Road St. Louis, Missouri 63131 (c) Chairman of the Board Ralston Purina Co. Checkerboard Square St. Louis, Missouri 63164 Producer of dog and cat foods, dry cell battery products, and other pet products. (d) Mr. Stiritz has not during the last five years been convicted in a criminal proceeding. (e) Mr. Stiritz has not during the last five years been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in his being 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. (f) U.S.A. Item 3. Source and Amount of Funds or Other Consideration. Personal funds -- $3,406,250. Item 4. Purpose of Transaction. The securities were acquired for investment. Mr. Stiritz does not have any plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 in Schedule 13D. Item 5. Interest in Securities of the Issuer. (a) Mr. Stiritz beneficially owns 500,000 shares of common stock of Precision Auto Care, Inc. which constitutes 9.13 percent of the total amount of stock in that class. This does not include 10,000 shares owned by Nicholas P. Stiritz, the son of William P. Stiritz, who disclaims beneficial ownership of such 10,000 shares or the existence of a group as defined in Section 13(d)(3) of the Securities Exchange Act of 1934. (b) Mr. Stiritz has the sole power to vote or direct the vote and sole power to dispose or direct the disposition of the Precision Auto Care, Inc. common stock. (c) On December 23, 1997, Mr. Stiritz purchased 500,000 shares of Precision Auto Care, Inc. common stock through A. G. Edwards & Sons, Inc. at a price of $6.8125 per share. (d) Not applicable. (e) Not applicable. CUSIP NO. 74018 R 105 SCHEDULE 13D Page 4 of 5 Pages Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Mr. Stiritz has no contracts, arrangements, understandings or relationships with any person with respect to any securities of Precision Auto Care, Inc. Item 7. Material to be Filed as Exhibits. None 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. December 23, 1997 /S/ William P. Stiritz ---------------------------------------- (Signature) ---------------------------------------- (Name/Title) -----END PRIVACY-ENHANCED MESSAGE-----