-----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, FnHD43KI69mSXNZVIWSyMbsCGMK2SZEQnTcvZhmQ/LdIYNBzP1NqLbZ/I4cHbbqj eayoFa3uuGSty1VbhkAULA== 0000909518-99-000233.txt : 19990409 0000909518-99-000233.hdr.sgml : 19990409 ACCESSION NUMBER: 0000909518-99-000233 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990408 GROUP MEMBERS: BRYNWOOD MANAGEMENT II, L.P. GROUP MEMBERS: BRYNWOOD PARTNERS II, L.P. GROUP MEMBERS: HENDRIK J. HARTONG, JR. GROUP MEMBERS: NINER RICHARD T SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HURCO COMPANIES INC CENTRAL INDEX KEY: 0000315374 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 351150732 STATE OF INCORPORATION: IN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-31650 FILM NUMBER: 99589298 BUSINESS ADDRESS: STREET 1: ONE TECHNOLOGY WAY CITY: INDIANAPOLIS STATE: IN ZIP: 46268 BUSINESS PHONE: 3172935390 FORMER COMPANY: FORMER CONFORMED NAME: HURCO MANUFACTURING CO INC DATE OF NAME CHANGE: 19850324 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NINER RICHARD T CENTRAL INDEX KEY: 0000901571 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BRYNWOOD PARTNERS STREET 2: TWO SOUNDVIEW DR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2036221790 MAIL ADDRESS: STREET 1: BRYNWOOD PARTNERS STREET 2: TWO SOUNDVIEW DRIVE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. 12) Hurco Companies, Inc. (Name of Issuer) COMMON STOCK, NO PAR VALUE 447324 10 4 (Title of class of securities) (CUSIP number) STEPHEN H. COOPER, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NY 10153 (212) 310-8000 (Name, address and telephone number of person authorized to receive notices and communications) MARCH 31, 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 [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: When filing this statement in paper format, six copies of this statement, including exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. ================================================================================ NYFS07...:\59\53459\0004\27\SCH8126K.DOC
- -------------------------------------------------------- -------------------------------------- CUSIP No. 447324 10 4 13D - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: BRYNWOOD PARTNERS II L.P. 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) [_] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [_] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 278,001 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 278,001 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 278,001 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.7% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- 2 - -------------------------------------------------------- -------------------------------------- CUSIP No. 447324 10 4 13D - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: BRYNWOOD MANAGEMENT II L.P. 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) [_] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [_] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 278,001 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 278,001 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 278,001 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.7% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- 3 - -------------------------------------------------------- -------------------------------------- CUSIP No. 447324 10 4 13D - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: HENDRIK J. HARTONG, JR. 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) [_] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: PF - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [_] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF UNITED STATES ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 53,012* SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ---------------------------------------------------------------------------------- 8 SHARED VOTING POWER: 278,001 ---------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER: 53,012(*) ---------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER: 278,001 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 331,013 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [X] SHARES: Excludes 4,000 shares of Common Stock held by Hendrik J. Hartong, Jr.'s children as to which Mr. Hartong disclaims beneficial ownership. - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 5.6% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - --------------------------------------------------------------------------------------------------------- - ---------------------- * INCLUDES 10,000 SHARES THAT MAY BE ACQUIRED UPON THE EXERCISE OF CURRENTLY EXERCISABLE OPTIONS. 4 - -------------------------------------------------------- -------------------------------------- CUSIP No. 447324 10 4 13D - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: RICHARD T. NINER 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) [_] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [_] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF UNITED STATES ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 291,548* SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 278,001 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 291,548(*) REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 278,001 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 569,549* REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [X] SHARES: Excludes 2,500 shares of Common Stock held by Richard T. Niner's children as to which Mr. Niner disclaims beneficial ownership. - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.6% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------------------------------------------------------------------------------------------
- ------------------ * Includes 10,000 shares that may be acquired upon the exercise of currently exercisable options. 5 This Statement constitutes Amendment No. 12 to the Statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission by Brynwood Partners II L.P., a Delaware limited partnership ("Brynwood II"), its general partner, Brynwood Management II L.P., a Delaware limited partnership ("Brynwood Management II"), Hendrik J. Hartong, Jr. and Richard T. Niner (collectively, the "Beneficial Owners"), with respect to the Common Stock, no par value (the "Common Stock"), of Hurco Companies, Inc. (the "Company"). Item 3. Source and Amount of Funds or Other Considerations. The total amount required by Mr. Niner to effect the purchases, described in paragraph (c) of Item 5 of this Amendment No. 12 was $975,010.57, all of which was derived from Mr. Niner's personal funds. Item 4. Purpose of the Transaction. The purchases of shares of Common Stock by Mr. Niner reported in paragraph (c) of Item 5 of this Amendment No. 12 were made solely for the purpose of increasing Mr. Niner's equity position in the Company at prices deemed favorable. Mr. Niner may purchase additional shares of Common Stock from time to time in the open market or in privately negotiated transactions as and when appropriate opportunities may arise. Item 5. Interest in Securities of the Issuer. (a)-(b) As of April 2, 1999, the Beneficial Owners beneficially owned the following shares of Common Stock: (i) Brynwood II is the direct owner of 278,001 shares of Common Stock. The 278,001 shares represent approximately 4.7% of the 5,945,359 outstanding shares of Common Stock. (ii) By virtue of being the general partner of Brynwood II, Brynwood Management II is, for the purposes of this Schedule 13D, a beneficial owner of all of the shares of Common Stock beneficially owned by Brynwood II. (iii) Hendrik J. Hartong, Jr. is the direct owner of 53,012 shares of Common Stock (including 10,000 shares of Common Stock issuable upon the exercise of non-qualified stock options that are currently exercisable). The 53,012 shares represent approximately 1.1% of the 5,945,359 outstanding shares 6 of Common Stock. Mr. Hartong has sole voting and dispositive power over the shares of Common Stock that he owns directly. Mr. Hartong disclaims beneficial ownership with respect to an aggregate of an additional 4,000 shares of Common Stock (less than .1%) held by his children, as to which he has no voting or dispositive power. By virtue of being a partner of Brynwood Management II, Mr. Hartong is, for purposes of this Schedule 13D, a beneficial owner of all of the shares of Common Stock beneficially owned by Brynwood Management II. Mr. Hartong has shared voting and dispositive power over the shares beneficially owned by Brynwood II. (iv) Richard T. Niner is the direct owner of 291,548 shares of Common Stock (including 10,000 shares of Common Stock issuable upon the exercise of non-qualified stock options that are currently exercisable). The 291,548 shares represent approximately 4.9% of the 5,945,359 outstanding shares of Common Stock, and include the 216,746 shares purchased by Mr. Niner on March 31, 1999 and April 1, 1999, as described in paragraph (c) of this Item 5. Mr. Niner has sole voting and dispositive power over the 291,548 shares that he owns directly. Mr. Niner disclaims beneficial ownership with respect to an aggregate of an additional 2,500 shares of Common Stock (less than .1%) held by his children, as to which he has no voting or dispositive power. By virtue of being a partner of Brynwood Management II, Mr. Niner is, for purposes of this Schedule 13D, a beneficial owner of all of the shares of Common Stock beneficially owned by Brynwood Management II. Mr. Niner has shared voting and dispositive power over the shares beneficially owned by Brynwood II. (c) On March 31, 1999, Mr. Niner purchased in a single block transaction in the open market 196,746 shares of Common Stock at a price of $4.50 per share, plus a commission. On April 1, 1999, Mr. Niner purchased in a single block transaction in the open market 20,000 shares of Common Stock at a price of $4.00 per share, plus a commission. Except as set forth in this paragraph (c), none of the Beneficial Owners has effected any transactions in shares of Common Stock during the past sixty days. (d) Not applicable. (e) Not applicable. 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. Dated: April 6, 1999 BRYNWOOD PARTNERS II L.P. By: Brynwood Management II L.P., its General Partner By: /s/ RICHARD T. NINER --------------------------------- Richard T. Niner, a Partner 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. Dated: April 6, 1999 BRYNWOOD MANAGEMENT II L.P. By: /s/ RICHARD T. NINER --------------------------------- Richard T. Niner, a Partner 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. Dated: April 6, 1999 Hendrik J. Hartong, Jr., By: /s/ RICHARD T. NINER --------------------------------- Richard T. Niner, Attorney-in-Fact 10 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. Dated: April 6, 1999 /s/ RICHARD T. NINER --------------------------------- Richard T. Niner 11 -----END PRIVACY-ENHANCED MESSAGE-----