-----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, RJxDop6v3GMzzzSvSzNNARBpyJezFvxbHrnwgSFB+3wrqQEHam91dRKdwez2kX0u JVPyP/vNakHMaNbzIJkN9g== 0000891020-99-000692.txt : 19990422 0000891020-99-000692.hdr.sgml : 19990422 ACCESSION NUMBER: 0000891020-99-000692 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990421 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GETTY IMAGES INC CENTRAL INDEX KEY: 0001047202 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 980177556 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-53603 FILM NUMBER: 99598320 BUSINESS ADDRESS: STREET 1: 2101 FOURTH AVENUE STREET 2: FIFTH FL CITY: SEATTLE STATE: WA ZIP: 98121 BUSINESS PHONE: 2066953400 MAIL ADDRESS: STREET 1: 2101 FOURTH AVENUE FOURTH AVE CITY: SEATTLE STATE: WA ZIP: 98121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PDI LLC CENTRAL INDEX KEY: 0001056210 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2013 FOURTH AVE STREET 2: 4TH FL CITY: SEATTLE STATE: WA ZIP: 98121 BUSINESS PHONE: 2064419355 MAIL ADDRESS: STREET 1: 2013 FOURTH AVE STREET 2: 4TH FL CITY: SEATTLE STATE: WA ZIP: 98121 SC 13D/A 1 AMENDMENT TO SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No. 4 GETTY IMAGES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Shares of Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 374276 10 3 - -------------------------------------------------------------------------------- (CUSIP Number) Mark Torrance c/o Getty Images, Inc. 2101 Fourth Avenue, 5th Floor Seattle, Washington 98121 (208) 695-3400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: Bruce M. Pym Heller Ehrman White & McAuliffe 6100 Columbia Center, 701 Fifth Avenue Seattle, Washington 98104 Telephone: (206) 447-0849 - -------------------------------------------------------------------------------- March 12, 1999 - -------------------------------------------------------------------------------- (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 [ ]. 2 CUSIP No. 374276 10 3 --------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Mark Torrance --------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] --------------------------------------------------------------------- (3) SEC Use Only --------------------------------------------------------------------- (4) SOURCE OF FUNDS (See Instructions) 00 --------------------------------------------------------------------- (5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) --------------------------------------------------------------------- (6) Citizenship or Place of Organization U.S. --------------------------------------------------------------------- (7) Sole Voting Power Number of 2,583,955 Shares -------------------------------------------------------- Beneficially (8) Shared Voting Power Owned by 1,598,580 Each -------------------------------------------------------- Reporting (9) Sole Dispositive Power Person With 2,583,955 -------------------------------------------------------- (10) Shared Dispositive Power 1,598,580 -------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,182,535 --------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] --------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 13.7% --------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN --------------------------------------------------------------------- 2 3 CUSIP No. 374276 10 3 --------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person PDI, L.L.C. --------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] --------------------------------------------------------------------- (3) SEC Use Only --------------------------------------------------------------------- (4) SOURCE OF FUNDS (See Instructions) 00 --------------------------------------------------------------------- (5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) --------------------------------------------------------------------- (6) Citizenship or Place of Organization Washington --------------------------------------------------------------------- (7) Sole Voting Power Number of 2,551,357 Shares -------------------------------------------------------- Beneficially (8) Shared Voting Power Owned by 1,598,580 Each -------------------------------------------------------- Reporting (9) Sole Dispositive Power Person With 2,551,357 -------------------------------------------------------- (10) Shared Dispositive Power 1,598,580 -------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 4,149,937 --------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] --------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 13.6% --------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) 00 --------------------------------------------------------------------- 3 4 CUSIP No. 374276 10 3 --------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Persons Wade Torrance --------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ X ] --------------------------------------------------------------------- (3) SEC Use Only --------------------------------------------------------------------- (4) SOURCE OF FUNDS (See Instructions) 00 --------------------------------------------------------------------- (5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] --------------------------------------------------------------------- (6) Citizenship or Place of Organization U.S. --------------------------------------------------------------------- (7) Sole Voting Power Number of 364,644 Shares -------------------------------------------------------- Beneficially (8) Shared Voting Power Owned by 1,598,580 Each -------------------------------------------------------- Reporting (9) Sole Dispositive Power Person With 364,644 -------------------------------------------------------- (10) Shared Dispositive Power 1,598,580 -------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,963,224 --------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] --------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 6.4% --------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN --------------------------------------------------------------------- 4 5 This Amendment No. 4 amends the Schedule 13D filed with the Securities and Exchange Commission on February 19, 1998 by PDI, LLC, a Washington limited liability company, as amended by Amendment No. 1 on September 30, 1998, Amendment No 2 on February 11, 1999, and Amendment No. 3 on March 3, 1999 (the "Schedule 13D"). This Amendment No. 4 is filed to reflect information required by Rule 13d-2 under the Securities Exchange Act of 1934, as amended, relating to the Common Stock, par value $0.01 per share, of Getty Images, Inc., a Delaware corporation. This Amendment No. 4 amends and restates Item 5 of the Schedule 13D, and does not amend any other Items not mentioned herein. Capitalized terms used herein without definitions have the meaning set forth in the Schedule 13D. 5 6 Item 5 is amended and restated in its entirety as follows: Item 5. INTEREST IN SECURITIES OF ISSUER Based on the most recent information available to Mark Torrance, PDI and Wade Torrance, each of Mark Torrance, PDT and Wade Torrance are deemed to beneficially own the number of Shares and the percentage of outstanding shares listed in the responses to Items 11 and 13, respectively, on Mark Torrance's PDI's and Wade Torrance's respective cover pages filed herewith, and such responses are incorporated by reference herein. In addition, the number of Shares with respect to which each of Mark Torrance, PDI and Wade Torrance (i) has sole voting power, (ii) shares voting power, (iii) has sole dispositive power, and (iv) shares dispositive power, are listed in responses to Items 7, 8, 9, and 10, respectively, on Mark Torrance's PDI's and Wade Torrance's respective cover pages filed herewith, and such responses are incorporated by reference herein. Mark Torrance is deemed to be the beneficial owner of the following Shares: (i) 32,598 Shares owned directly by Mark Torrance; and (ii) 4,149,937 Shares owned by PDI, the limited liability company of which Mark Torrance is the Manager. PDI is deemed to be the beneficial owner of 4,149,937 Shares owned by PDI directly. Wade Torrance is deemed to be the beneficial owner of the following Shares: (i) 364,644 Shares owned directly by Wade Torrance, and (ii) 1,598,580 Shares by virtue of her membership interest in PDI. On February 26, 1998, the manager distributed 250,000 Shares form Class B Assets held by PDI to Wade Torrance as described in Item 2. On March 3, 1998, Wade Torrance sold in the open market all 250,000 Shares for and average price of $23.80 per share. Between September 2 and 15, PDI sold in the open market 300,000 Shares from Class A Assets for an average price of $14.80 per share. On January 8, 1999, the Manager distributed 444,644 Shares from Class B Assets held by PDI to Wade Torrance as described in Item 2. Between February 26, 1999 and March 12, 1999, PDI sold for an average price of $20.49 per share 180,000 Shares from Class A Assets, 180,000 Shares from Class B Assets, and 40,000 Shares from Class C Assets. Between March 12, 1999 and March 26, 1999, Wade Torrance sold 80,000 Shares owned directly by her for an average price of $22.56 per share. Except as described herein, none of Mark Torrance, PDI or Wade Torrance has acquired or disposed of, or entered into any other transaction with respect to, any Shares during the past 60 days. 6 7 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. April 20, 1999 /s/ Mark Torrance --------------------------- Mark Torrance 7 8 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. April 20, 1999 PDI, L.L.C. /s/ Mark Torrance By: --------------------------- Name: Mark Torrance Title: Manager 8 9 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. April 20, 1999 /s/ Wade Torrance ------------------------------------- Wade Torrance 9 -----END PRIVACY-ENHANCED MESSAGE-----