-----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, BZVYrxEm2prGH9T3xRZbeIXK16lxYD2F4odvkt7iYy7Aiy/4SpxdOQkor1OoHeA9 0frGy4OrROMi7yDjnYyKAw== 0000909518-99-000622.txt : 19991021 0000909518-99-000622.hdr.sgml : 19991021 ACCESSION NUMBER: 0000909518-99-000622 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19991020 GROUP MEMBERS: AEROEQUITY, INC. GROUP MEMBERS: AEROGROUP I, LTD. CO, GROUP MEMBERS: BRIAN H. ROWE GROUP MEMBERS: CONESE CAPITAL, L.L.C. GROUP MEMBERS: CONESE FAMILY PARTNERSHIP (NEVADA), L.P. GROUP MEMBERS: CONESE GENERAL PARTNER (NEVADA), INC. GROUP MEMBERS: DAN KOMNENOVICH GROUP MEMBERS: EUGENE P. CONESE GROUP MEMBERS: KINCAID CAPITAL GROUP GROUP MEMBERS: NOLAN ACQUISITION GROUP, L.P. GROUP MEMBERS: NOLAN ACQUISITION PARTNERS GROUP MEMBERS: RICHARD JONES GROUP MEMBERS: THOMAS R. KINCAID SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVIALL INC CENTRAL INDEX KEY: 0000701650 STANDARD INDUSTRIAL CLASSIFICATION: AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES [4581] IRS NUMBER: 650433083 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43471 FILM NUMBER: 99731065 BUSINESS ADDRESS: STREET 1: 2055 DIPLOMAT DR CITY: DALLAS STATE: TX ZIP: 75234-8989 BUSINESS PHONE: 2149565000 MAIL ADDRESS: STREET 1: 2055 DIPLOMAT DR CITY: DALLAS STATE: TX ZIP: 75234-8989 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NOLAN ACQUISITION PARTNERS CENTRAL INDEX KEY: 0001073128 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 125 EAST JOHN CARPENTER FREEWAY STREET 2: SUITE 190 CITY: IRVING STATE: TX ZIP: 75062 MAIL ADDRESS: STREET 1: 125 EAST JOHN CARPENTER FREEWAY STREET 2: SUITE 190 CITY: IRVING STATE: TX ZIP: 75062 SC 13D/A 1 =============================================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 9) ---------- AVIALL, INC. (Name of Issuer) Common Stock, $.01 par value per share 05366B102 (Title of class of securities) (CUSIP number) David E. Zeltner, Esq. Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 (212) 310-8000 (Name, address and telephone number of person authorized to receive notices and communications) October 18, 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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 20 pages) =============================================================================== NY2:\841151\01\$11B01!.DOC\65575.0003
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 2 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON NOLAN ACQUISITION PARTNERS S.S. OR I.R.S. IDENTIFICATION NO. 75-2787642 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 ORGANIZATION: Texas - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 1,452,900 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 1,452,900 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
2
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 3 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON NOLAN ACQUISITION GROUP, L.P. S.S. OR I.R.S. IDENTIFICATION NO. 75-2786370 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 ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
3
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 4 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON KINCAID CAPITAL GROUP, S.S. OR I.R.S. IDENTIFICATION NO. a Texas corporation OF ABOVE PERSON 75-2779494 - ---------------------- ------------------------------------------------------------------------------------------------------- 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 ORGANIZATION: Texas - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
4
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 5 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON THOMAS R. KINCAID 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 ORGANIZATION: United States of America - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
5
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 6 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON DAN KOMNENOVICH 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 ORGANIZATION: United States of America - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
6
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 7 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON RICHARD JONES 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 ORGANIZATION: United States of America - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
7
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 8 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON CONESE CAPITAL, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. 58-2423275 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 ORGANIZATION: Delaware - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - ---------------------- -------------------------------------------------------------------------------------------------------
8
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 9 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON CONESE FAMILY PARTNERSHIP (NEVADA), L.P. S.S. OR I.R.S. IDENTIFICATION NO. 88-0381099 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 ORGANIZATION: Nevada - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ---------------------- -------------------------------------------------------------------------------------------------------
9
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 10 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON CONESE GENERAL PARTNER (NEVADA), INC. S.S. OR I.R.S. IDENTIFICATION NO. 88-0381098 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 ORGANIZATION: Nevada - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
10
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 11 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON EUGENE P. CONESE 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 ORGANIZATION: United States of America - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,452,900 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,452,900 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.0% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
11
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 12 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AEROGROUP I, LTD. CO. 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: AF - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Georgia - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 136,429 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 136,429 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 136,429 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.8% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - ---------------------- -------------------------------------------------------------------------------------------------------
12
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 13 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AEROEQUITY, INC. 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: AF - ---------------------- ------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Florida - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 136,429 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 136,429 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 136,429 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.8% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ---------------------- -------------------------------------------------------------------------------------------------------
13
- ----------------------------------------------------------- -------------------------------------------------------- CUSIP No. 05366B102 13D Page 14 of 20 Pages - ----------------------------------------------------------- -------------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON BRIAN H. ROWE S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ---------------------- ------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [x] - ---------------------- ------------------------------------------------------------------------------------------------------- 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 ORGANIZATION: United States of America - ---------------------- ------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 136,429 OWNED BY ------------------- ------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 136,429 - ---------------------- ------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 136,429 - ---------------------- ------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.8% - ---------------------- ------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ---------------------- -------------------------------------------------------------------------------------------------------
14 This Amendment No. 9 ("Amendment No. 9") amends the Statement on Schedule 13D (the "Schedule 13D") filed on November 9, 1998, as amended by Amendment No. 1 filed on December 5, 1998, Amendment No. 2 filed on January 22, 1999, Amendment No. 3 filed on February 2, 1999, Amendment No. 4 filed on March 2, 1999, Amendment No. 5 filed on March 12, 1999, Amendment No. 6 filed on August 18, 1999, Amendment No. 7 filed on September 2, 1999 and Amendment No. 8 filed on September 27, 1999 by and on behalf of the following persons (collectively, the "Original Reporting Persons"): Nolan Acquisition Partners, a Texas general partnership ("NAP"), Nolan Acquisition Group, L.P., a Delaware limited partnership ("NAG"), Kincaid Capital Group, a Texas Corporation ("Kincaid Capital"), Thomas R. Kincaid ("Kincaid"), Richard Jones ("Jones"), Dan Komnenovich ("Komnenovich"), Conese Capital, L.L.C., a Delaware limited liability company ("CCL"), Conese Family Partnership (Nevada), L.P., a Nevada limited partnership ("CFP"), Conese General Partner (Nevada), Inc., a Nevada corporation ("CGN") and Eugene P. Conese ("Conese"). Amendment No. 5 also added AeroGroup I, Ltd. Co., a Georgia limited liability company ("AeroGroup"), AeroEquity, Inc. a Florida corporation ("AeroEquity") and Brian H. Rowe ("Rowe" and, collectively with AeroGroup and AeroEquity, the "Rowe Group") as reporting persons (the Rowe Group, together with the Original Reporting Persons, being referred to collectively as the "Reporting Persons"). Except as otherwise indicated, capitalized terms used herein and not defined herein have the meanings ascribed thereto in the Schedule 13D. As used herein, the "Company" or the "Issuer" shall mean Aviall, Inc. ITEM 4. PURPOSE OF TRANSACTION. As indicated in Amendment No. 8, the Reporting Persons instituted a proceeding in the Delaware Court of Chancery to compel the Company to hold an annual meeting of stockholders as soon as possible. On October 6, 1999, the Company announced that it would hold the annual meeting on December 16, 1999. Subsequent to the institution of the legal proceeding described above, representatives of the Reporting Persons engaged in negotiations with the Company concerning the possible election of the Reporting Persons' nominees to the Company's Board of Directors. The Reporting Persons sought, among other things, the election of three nominees to represent a significant minority on an expanded Board and that the directors propose an amendment to the Company's certificate of incorporation eliminating the classified or "staggered" Board for submission to stockholders for approval at the next annual meeting. The Reporting Persons believed that these actions would substantially increase stockholder representation on the Board and the stockholders' ability to influence corporate governance. The Company offered to place two of the Reporting Persons' nominees on an expanded eight-person Board and rejected the request to declassify the Board. The Reporting Persons were unwilling to accept the Company's proposal because they believed that such arrangement would not have provided the Reporting Persons' nominees with an effective ability to implement necessary change. On October 18, 1999, the Reporting Persons notified the Company that they would not accept the Company's proposal and that they did not intend to nominate a slate of directors for election at the 1999 Annual Meeting. The Reporting Persons concluded that they could better serve their interests and those of the Company's stockholders by remaining independent and not having 15 their nominees serve in the minority of a Board which, in their judgment, would not be united in its approach toward the Company's serious problems. On October 19, 1999 Kincaid notified the Company pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, of his intention to present a proposal for action at the 1999 annual meeting of the Company's stockholders and requested that the Company include Kincaid's proposal and a supporting statement in its proxy materials. The proposal recommends that the Company's Board of Directors redeem the "poison pill" rights granted under the Company's Rights Agreement, terminate such Rights Agreement and not create or adopt any new "poison pill" unless approved by the affirmative vote of the holders of a majority of the Company's outstanding voting stock. By letter dated October 20, 1999, NAP set forth its views concerning the chain of events that occurred with respect to its investment in the Company over the last year and demanded that the Company's Board of Directors "take decisive steps to return the Company to growth and profitability" and recommending that the Company de-"stagger" its Board of Directors, discontinue its "poison pill" Shareholder Rights plan, replace the Company's Chief Executive Officer and install new leadership. Nolan further indicated that it believes it has the resources and experience to accomplish such a revitalization and stands ready to assist the Company if it can be assured that its participation and leadership would be welcomed. A copy of such letter is filed as an Exhibit hereto and is incorporated herein by reference. Except as indicated above, the information set forth in Item 4 of the Schedule 13D remains unchanged. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 15: Letter, dated October 20, 1999, from NAP to the Board of Directors of the Company. 16 SIGNATURE The undersigned, after reasonable inquiry and to the best of their knowledge and belief, certify that the information set forth in this Statement is true, complete and correct. Dated: October 20, 1999 NOLAN ACQUISITION PARTNERS By: Nolan Acquisition Group, L.P., its Managing General Partner By: Kincaid Capital Group, a Texas corporation, its General Partner By: /s/ Richard Jones ----------------------------- Print Name: Richard Jones Title: Senior Vice President NOLAN ACQUISITION GROUP, L.P. By: Kincaid Capital Group, a Texas corporation, its General Partner By: /s/ Richard Jones ------------------------------------- Print Name: Richard Jones Title: Senior Vice President KINCAID CAPITAL GROUP, a Texas corporation By: /s/ Richard Jones ----------------------------------------------- Print Name: Richard Jones Title: Senior Vice President /s/ Thomas R. Kincaid ---------------------------------------------------- Thomas R. Kincaid /s/ Richard Jones ---------------------------------------------------- Richard Jones /s/ Dan Komnenovich ---------------------------------------------------- Dan Komnenovich 17 CONESE CAPITAL, L.L.C. By: Conese Family Partnership (Nevada), L.P., its sole member By: Conese General Partner (Nevada), Inc., its General Partner By: /s/ Eugene P. Conese, Jr. ----------------------------------- Print Name: Eugene P. Conese, Jr. Title: Vice President CONESE FAMILY PARTNERSHIP (NEVADA), L.P. By: Conese General Partner (Nevada), Inc., its General Partner By: /s/ Eugene P. Conese, Jr. ----------------------------------- Print Name: Eugene P. Conese, Jr. Title: Vice President CONESE GENERAL PARTNER (NEVADA), INC. By: /s/ Eugene P. Conese, Jr. ---------------------------------------------- Print Name: Eugene P. Conese, Jr. Title: Vice President /s/ Eugene P. Conese --------------------------------------------------- Eugene P. Conese AEROEQUITY, INC. By: /s/ Brian H. Rowe ---------------------------------------------- Print Name: Brian H. Rowe Title: Chairman and President 18 AEROGROUP I, LTD. CO. By: AeroEquity, Inc., its sole member By: /s/ Brian H. Rowe ------------------------------------------------- Print Name: Brian H. Rowe Title: Chairman and President /s/ Brian H. Rowe ---------------------------------------------------------- Brian H. Rowe 19 EXHIBIT INDEX Exhibit 15: Letter, dated October 20, 1999, from NAP to the Board of Directors of the Company. 20 EX-15 2 EXHIBIT 15 NOLAN ACQUISITION PARTNERS 125 E. JOHN CARPENTER FREEWAY SUITE 190, L.B. 9 IRVING, TEXAS 75062 TELEPHONE: (972) 501-0007 TELECOPIER: (972) 501-0477 October 20, 1999 BY TELECOPY AND FEDERAL EXPRESS - ------------------------------- Board of Directors Aviall, Inc. 2075 Diplomat Drive Dallas, Texas 75234-8999 Attention: Secretary Gentlemen: Nolan Acquisition Partners ("Nolan") consists of a group of investors experienced in aviation industry investments and operations and owns approximately 8% of Aviall's outstanding common stock. In the fall of 1998, Nolan approached the Company's Board of Directors with a strategic plan to enhance shareholder value that included a request for meaningful representation on the Board by Nolan. This initiative was rebuffed. On February 23, 1999 the Company announced its intention to explore "possible strategic alternatives" including, among other things, a "sale ... or other transaction involving the Company...." On March 1, 1999, Nolan offered to purchase the Company in a "friendly" negotiated transaction for $15.50 per share. Nolan's ability to conduct due diligence and participate in the sale process was conditioned by the Company upon its execution of a confidentiality agreement that included a "standstill". This "standstill" would have prohibited Nolan from, among other things, acquiring any additional common stock by tender offer or otherwise or initiating a proxy contest. This proposal would have severely limited Nolan's discretion with respect to its investment position and Nolan viewed these limitations as being entirely unacceptable. Consequently, Nolan's offer expired without any meaningful negotiation. The Company's "poison pill" precluded Nolan from making a tender offer directly to the Company's stockholders without first reaching agreement with the Board of Directors. In September 1999, the Board finally permitted Nolan access to the materials that the Company had made available to other potential bidders that had apparently declined to pursue any offer. By this time, however, it was obvious to Nolan that the Company's value and economic position had substantially deteriorated since March. During the Company's strategic review, it is Nolan's belief that the Board was presented with price indications from potential bidders that were substantially in 840930.06 Board of Directors Aviall, Inc. October 20, 1999 Page 2 excess of Nolan's $15.50 per share offer. In Nolan's opinion, the Board did not effectively respond to the potential acquirors and, as a result of its indecisiveness and the continuing deterioration of earnings, the strategic review process failed (with the price of the common stock trading at $8-1/2 per share at yesterday's market close). It is Nolan's belief that this failure, in addition to the Company's deteriorating performance, is a direct result of dangerously ineffective leadership by the Company's Chief Executive Officer and the Board of Directors. On September 24, 1999, Nolan instituted legal proceedings to compel the Company to hold an annual meeting. Nolan subsequently entered into discussions with the Company with a view toward offering its resources and experience in restructuring the Company's strategy, finances and management. In order to effect strategic changes that Nolan believes necessary, Nolan sought, among other things, a significant minority of three seats on an expanded Board and the elimination of the Company's "staggered" board. Nolan believed that these actions would have substantially increased stockholder representation on the Board (members of which currently own, in the aggregate, only 78,290 shares, or substantially less than 1%, of the Company's common stock, excluding options, as reported in the Company's 1998 Form 10-K, as amended) and stockholder participation in corporate governance. The Company offered to place two Nolan nominees on an expanded eight-person Board (requiring Nolan to vote in favor of the Board's nominees) and refused to submit to the stockholders a proposal to destagger the Board. In Nolan's opinion, such a Board composition would have denied the Nolan nominees an effective voice to bring about much needed changes. Nolan was unwilling to accept a situation that it believed would have simply resulted in a continuation of the status quo, particularly in light of its belief that the Company must refocus and aggressively implement changes in strategy to keep astride of developments in the markets in which the Company's distribution and ILS businesses compete. Nolan remains one of the Company's largest stockholders. Nolan demands that the Board take decisive steps to return the Company to growth and profitability. Nolan recommends that the Company de-"stagger" its Board of Directors and redeem its "poison pill" rights to give stockholders a greater say in corporate governance, immediately replace the Company's Chief Executive Officer and install new Board of Directors Aviall, Inc. October 20, 1999 Page 3 leadership with the skill and drive to revitalize the Company. Nolan believes that it has the resources and experience to accomplish such a revitalization and stands ready to assist the Company if it can be assured that its participation and leadership would be welcomed. NOLAN ACQUISITION PARTNERS By: Nolan Acquisition Group, L.P., its Managing General Partner By: Kincaid Capital Group, a Texas corporation, its General Partner By: /s/ Thomas R. Kincaid ---------------------------------------- Name: Thomas R. Kincaid Title: President -----END PRIVACY-ENHANCED MESSAGE-----