-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, KMVihVphWTBjRGbmKlseMg2i0CUxgagVRtoU/ZbqLenEtR2sBtDr/v0hwTjENWGh DCFilemqqYloTl1A8V1G5A== 0000919574-95-000252.txt : 19950724 0000919574-95-000252.hdr.sgml : 19950724 ACCESSION NUMBER: 0000919574-95-000252 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950721 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: USAIR GROUP INC CENTRAL INDEX KEY: 0000701345 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 541194634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33976 FILM NUMBER: 95555353 BUSINESS ADDRESS: STREET 1: 2345 CRYSTAL DR CITY: ARLINGTON STATE: VA ZIP: 22227 BUSINESS PHONE: 7034185306 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EVEREST CAPITAL LTD CENTRAL INDEX KEY: 0000922216 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: CORNER HOUSE 20 PARLIAMENT ST STREET 2: P O BOX HM 2458 CITY: HAMILTON STATE: D0 MAIL ADDRESS: STREET 1: SEWARD & KISSEL STREET 2: 1 BATTERY PARK PLAZA CITY: NEW YORK STATE: NY ZIP: 10004 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.: 1 Name of Issuer: U.S. Air Group, Inc. Title of Class of Securities: Series B Cumulative Convertible Preferred Stock CUSIP Number: 911905305 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) Mr. Dimitrijevic, c/o Everest Capital Limited, Corner House, 20 Parliament St., Hamilton HM 12, Bermuda (Date of Event which Requires Filing of this Statement) July 14, 1995 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 line if a fee is being paid with this statement . (A fee is not required only if the filing 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 class. See Rule 13d-7). *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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. 911905305 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Everest Capital Limited 2. Check the Appropriate Box if a Member of a Group a. b. 3. SEC Use Only 4. Source of Funds AF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Bermuda Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 611,099 8. Shared Voting Power: 9. Sole Dispositive Power: 611,099 10. Shared Dispositive Power: 11. Aggregate Amount Beneficially Owned by Each Reporting Person 611,099 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11) 14.3% 14. Type of Reporting Person CO The purpose of this Amendment No. 1 Schedule 13D is to report that the ownership of Everest Capital Limited (the "Reporting Person") in the Series B Cumulative Convertible Preferred Shares, in U.S. Air Group, Inc. (the "Shares") has increased from 9.3% of the Shares outstanding to 14.3% of the Shares outstanding. The only items included herein are those that have changed since the filing of the original Schedule 13D. Item 3. Source and Amount of Funds or Other Consideration. The Reporting Person purchased the Shares, which are the subject of this Amendment No. 1 to Schedule 13D, on behalf of Everest Capital Fund, L.P. and Everest Capital International Ltd. for $22,108,744. Item 5. Interest in Securities of Issuer. (a) The Reporting Person is deemed to be the beneficially owner of 611,099 of the Shares which represents 14.3% of the Issuer's outstanding Shares. (b) The Reporting Person has sole power to vote and to dispose of the 611,099 Shares. (c) All transactions in the Shares effected by the Reporting Person since the filing of the original Schedule 13D were effected in open-market transactions and are set forth in Exhibit A hereto. (d) No change. (e) No change. Item 7. Material to be Filed as Exhibits. Exhibit A. Schedule of Transactions in the Shares made by the Reporting Person. 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. July 21, 1995 ____________________________ Date /s/ Marko Dimitrejevic ____________________________ Signature Marko Dimitrejevic/President ____________________________ Name/Title EXHIBIT A SCHEDULE OF TRANSACTIONS Price Per Share (Excluding Date Number of Shares Commission) ____ _______________ _____________ 6/27/95 3,800 37.9178 6/28/95 11,200 37.9978 7/14/95 199,999 37.0000 00119001.BZ3 -----END PRIVACY-ENHANCED MESSAGE-----