-----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, Al937b7Okx7j2mQxdv5toRNXjogxZ43NCxY8FbthFp9cvzYXJ0aG2/AUc/G9NK9R xnf7b7YzViF2IKE5ymYJEA== 0000898382-97-000005.txt : 19970110 0000898382-97-000005.hdr.sgml : 19970110 ACCESSION NUMBER: 0000898382-97-000005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970109 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOJACK CORP CENTRAL INDEX KEY: 0000355777 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 042664794 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41107 FILM NUMBER: 97503030 BUSINESS ADDRESS: STREET 1: 333 ELM ST CITY: DEBHAM STATE: MA ZIP: 02026 BUSINESS PHONE: 6173264700 MAIL ADDRESS: STREET 2: 333 ELM ST CITY: DEDHAM STATE: MA ZIP: 02026 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COOPERMAN LEON G CENTRAL INDEX KEY: 0000898382 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 128321905 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 88 PINE STREET STREET 2: WALL STREET PLAZA 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-3258660 MAIL ADDRESS: STREET 1: 88 PINE STREET STREET 2: WALL ST PLAZA 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.2)* LOJACK CORPORATION (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 539451-10-4 (CUSIP Number) Alan M. Stark 80 Main Street West Orange, New Jersey 07052 (201)325-8660 (Name Address, and Telephone Number of Person Authorized to Receive Notices and Communications) January 7, 1997 (Date of Event which Requires Filing of this Statement) If this 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 this 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: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). SCHEDULE 13D CUSIP No. 539451-10-4 __________________________________________________________________ 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person LEON G. COOPERMAN S.S. No. ###-##-#### _________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds: WC _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). . . . . . . . . . . . NOT APPLICABLE _________________________________________________________________ 6) Citizenship or place of Organization: UNITED STATES _________________________________________________________________ (7) Sole voting Power Number of 1,057,100 Shares Bene- ____________________________________________________ ficially (8) Shared Voting Power owned by 261,300 Each Report- ____________________________________________________ ing Person (9) Sole Dispositive Power With 1,057,100 _________________________________________________________________ (10) Shared Dispositive Power 261,300 _________________________________________________________________ 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,318,400 _________________________________________________________________ 12) Check if the Aggregate Amount in Row (11) N/A _________________________________________________________________ 13) Percent of Class Represented by Amount in Box (11): 6.5% _________________________________________________________________ 14) Type of Reporting Person I N Item 2. Identity and Background. On December 13, 1996, Cooperman and the other general partners of Omega Capital Partners, L.P., Omega Institutional Partners, L.P., and Omega Equity Partners, L.P. organized under the laws of the State of Delaware a limited liability company known as Omega Associates, L.L.C. ("Associates"), and effective January 2, 1997 Associates became the sole general partner of Omega Capital Partners, L.P., Omega Institutional Partners, L.P., and Omega Equity Partners, L.P. Cooperman is the Managing Member of Associates. Associates is a private investment firm formed to invest in and act as general partner of investment partnerships or similar investment vehicles. The principal business and office of Associates is c/o Omega Advisors, Inc., Wall Street Plaza, 88 Pine Street - 31st Floor, New York, New York 10005. Neither Associates nor any of the investment entities controlled by it have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any such person, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which any such person 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 3. Source and Amount of Funds or Other Consideration. Cooperman beneficially owns 1,318,400 Shares. Of this amount, 395,100 Shares were purchased by Omega Capital Partners, L.P., at a cost of $4,221,061; 32,100 Shares were purchased by Omega Institutional Partners, L.P., at a cost of $414,180; 143,900 Shares were purchased by Omega Equity Partners, L.P., at a cost of $1,411,542; 470,900 Shares were purchased by Omega Overseas Partners, Ltd., at a cost of $4,986,369; 15,100 Shares were purchased by Omega Overseas Partners II, Ltd., at a cost of $185,640; and 261,300 Shares were purchased by the Managed Account at a cost of $3,158,079. The source of funds for the purchase of all such Shares was investment capital. Item 5. Interest in Securities of the Issuer. Based upon a letter from the Company's Director of Finance and Accounting dated January 8, 1997, there were issued and outstanding 20,362,571 Shares of Common Stock as of January 8, 1997. Omega Capital Partners, L.P., owns 395,100 Shares, or 1.9% of those outstanding; Omega Institutional Partners, L.P., owns 32,100 Shares, or 0.2% of those outstanding; Omega Equity Partners, L.P., owns 143,900 Shares, or 0.7% of those outstanding; Omega Overseas Partners, Ltd., owns 470,900 Shares, or 2.3% of those outstanding; Omega Overseas Partners II, Ltd., owns 15,100 Shares, or 0.1% of those outstanding; and the Managed Account owns 261,300 Shares, or 1.3% of those outstanding. The following table details the transactions by each of Omega Capital Partners, L.P., Omega Institutional Partners, L.P., Omega Equity Partners, L.P., Omega Overseas Partners, Ltd., Omega Overseas Partners II, Ltd., and the Managed Account in shares of Common Stock within the 60 day period prior to this filing. All such transactions were open market purchase transactions. Omega Capital Partners, L.P. Date of Amount of Price Per Transaction Shares Share 11/12/96 1,900 $ 9.29 12/02/96 1,300 9.38 12/04/96 4,000 9.50 Omega Institutional Partners, L.P. Date of Amount of Price Per Transaction Shares Share 11/12/96 2,500 $ 9.29 12/02/96 1,300 9.38 12/04/96 4,300 9.50 Omega Equity Partners, L.P. Date of Amount of Price Per Transaction Shares Share 11/11/96 4,000 $ 9.31 11/12/96 2,400 9.29 12/02/96 3,300 9.38 12/04/96 5,500 9.50 01/07/97 22,200 10.30 Omega Overseas Partners, Ltd. Date of Amount of Price Per Transaction Shares Share 11/12/96 1,200 $ 9.29 12/02/96 600 9.38 12/04/96 5,300 9.50 The Managed Account Date of Amount of Price Per Transaction Shares Share 11/12/96 300 $ 9.29 12/02/96 200 9.38 12/04/96 900 9.50 Item 7. Material to be Filed as Exhibits. There is no material to be filed as Exhibits. Signature After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: January 9, 1997 /s/ Alan M. Stark ALAN M. STARK on behalf of LEON G. COOPERMAN, pursuant to Power of Attorney on file. /s/ Alan M. Stark ALAN M. STARK on behalf of LEON G. COOPERMAN, as Managing Member of Omega Associates, L.L.C. on behalf of Omega Capital Partners, L.P., pursuant to Power of Attorney on file. /s/ Alan M. Stark ALAN M. STARK on behalf of LEON G. COOPERMAN, as Managing Member of Omega Associates, L.L.C. on behalf of Omega Institutional Partners, L.P., pursuant to Power of Attorney on file. /s/ Alan M. Stark ALAN M. STARK on behalf of LEON G. COOPERMAN, as Managing Member of Omega Associates, L.L.C. on behalf of Omega Equity Partners, L.P., pursuant to Power of Attorney on file. /s/ Alan M. Stark ALAN M. STARK on behalf of LEON G. COOPERMAN, as President of Omega Advisors, Inc., pursuant to Power of Attorney on file. ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----