-----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, MQ9VM6iSN5nmEMv8AtIoJPsAck2pjZYzi6kCsGfwcRnSaic7QCBn2uB5+L1TnOf7 wqWhGiDtzfki8FzsMKNcQQ== 0000950148-96-000266.txt : 19960228 0000950148-96-000266.hdr.sgml : 19960228 ACCESSION NUMBER: 0000950148-96-000266 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960226 SROS: NONE GROUP MEMBERS: AMERICAN ASSETS INC GROUP MEMBERS: AVRETT ENTERPRISES LTD GROUP MEMBERS: CANPAC ENTERPRISES LTD GROUP MEMBERS: EXPLORER INSURANCE CO GROUP MEMBERS: INSURANCE COMPANY OF THE WEST GROUP MEMBERS: MEMRAD HOLDING LTD GROUP MEMBERS: RADY ERNEST S ET AL GROUP MEMBERS: SILPIT INDUSTRIES CO LTD GROUP MEMBERS: SORB HOLDINGS INC GROUP MEMBERS: WESTERN INSURANCE HOLDINGS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTCORP /CA/ CENTRAL INDEX KEY: 0000813461 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 510308535 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40199 FILM NUMBER: 96525504 BUSINESS ADDRESS: STREET 1: 23 PASTEUR RD CITY: IRVINE STATE: CA ZIP: 92718 BUSINESS PHONE: 7147271000 MAIL ADDRESS: STREET 1: 23 PASTEUR RD CITY: IRVINE STATE: CA ZIP: 92718 FORMER COMPANY: FORMER CONFORMED NAME: WESTCORP INC DATE OF NAME CHANGE: 19900917 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RADY ERNEST S ET AL CENTRAL INDEX KEY: 0001008243 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: DKDKDK SC 13D/A 1 AMENDMENT NO. 5 1 OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 Estimated average burden hours per response: 14.90 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 Amendment No.5 on Form 13D WESTCORP - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $1.00 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 957907108 - -------------------------------------------------------------------------------- (CUSIP Number) ERNEST S. RADY President 23 Pasteur Irvine, California 92718-3804 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 13, 1992 - -------------------------------------------------------------------------------- (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 [x]. 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: 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). Continued on following page(s)) Page 1 of 26 Pages 2 CUSIP NO. 957907108 13D PAGE 2 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON THE ERNEST S. RADY TRUST Social Security No. ###-##-#### 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* OO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 3 CUSIP NO. 957907108 13D PAGE 3 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EVELYN S. RADY TRUST Social Security No. ###-##-#### 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* OO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 4 CUSIP NO. 957907108 13D PAGE 4 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON AVRETT ENTERPRISES, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 5 CUSIP NO. 957907108 13D PAGE 5 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SILPIT INDUSTRIES CO., LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 6 CUSIP NO. 957907108 13D PAGE 6 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MEMRAD HOLDINGS, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 7 CUSIP NO. 957907108 13D PAGE 7 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON AMERICAN ASSETS, INC. I.R.S. ID NO. 95-249-3347 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 8 CUSIP NO. 957907108 13D PAGE 8 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SORB HOLDINGS, INC. I.R.S. ID NO. 33-0013526 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 9 CUSIP NO. 957907108 13D PAGE 9 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CANPAC ENTERPRISES, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 10 CUSIP NO. 957907108 13D PAGE 10 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WESTERN INSURANCE HOLDINGS, INC. I.R.S. ID NO. 95-2890041 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* IC
*SEE INSTRUCTIONS BEFORE FILLING OUT! 11 CUSIP NO. 957907108 13D PAGE 11 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON INSURANCE COMPANY OF THE WEST I.R.S. ID NO. 95-2769232 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 7 SOLE VOTING POWER SHARES SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* IC
*SEE INSTRUCTIONS BEFORE FILLING OUT! 12 CUSIP NO. 957907108 13D PAGE 12 OF 26 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EXPLORER INSURANCE COMPANY I.R.S. ID NO. 94-2784519 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 ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION ARIZONA NUMBER OF 7 SOLE VOTING POWER SHARES PLEASE SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING PLEASE SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER PERSON WITH 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON PLEASE SEE ITEM 5 INTEREST IN SECURITIES OF THE ISSUER 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 66.38% (based on 17,584,520 shares outstanding) 14 TYPE OF REPORTING PERSON* IC
*SEE INSTRUCTIONS BEFORE FILLING OUT! 13 ITEM 1. SECURITY AND ISSUER. Common Stock, $1.00 par value WESTCORP 23 Pasteur Road Irvine, CA 92718-3804 ITEM 2. IDENTITY AND BACKGROUND. ERNEST S. RADY TRUST (a) Ernest S. Rady Trust, Ernest S. Rady, Trustee (b) The Trust's principal business address is: 10140 Campus Point Drive San Diego, California 92121 Attn: Ernest S. Rady, Trustee (c) Mr. Rady, the Trustee of the above referenced trust is the Chairman, President and Chief Executive Officer of the Issuer and is an executive officer and/or director of many of the reporting parties included in this Schedule 13D. (d) Current conviction during the last five years: None (e) Securities laws proceedings: None (f) Citizenship: CANADA EVELYN S. RADY TRUST (a) Evelyn S. Rady Trust, Ernest S. Rady, Trustee (b) The Trust's principal business address is: 10140 Campus Point Drive San Diego, California 92121 Attn: Ernest S. Rady, Trustee (c) Mr. Rady, the Trustee of the above referenced trust is the Chairman, President and Chief Executive Officer of the Issuer and is an executive officer and/or director of many of the reporting parties included in this Schedule 13D. (d) Current conviction during the last five years: None (e) Securities laws proceedings: None (f) Citizenship: CANADA AVRETT ENTERPRISES, LTD. (a) Avrett Enterprises, Ltd. (b) The principal business address is: Avrett Enterprises, Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) Current conviction during the last five years: None (d) Securities laws proceedings: None Page 13 of 26 Pages 14 (e) Canadian corporation. SILPIT INDUSTRIES CO., LTD. (a) Silpit Industries Co., Ltd. (b) The principal business address is: Silpit Industries Co., Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) California corporation. (d) Securities Laws proceedings: None MEMRAD HOLDINGS, LTD. (a) Memrad Holdings, Ltd. (b) The principal business address is: Memrad Holdings, Ltd. 903-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 (c) Canadian corporation. (d) Securities Laws proceedings: None AMERICAN ASSETS, INC. (a) American Assets, Inc. (b) The principal business address is: American Assets, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Securities Laws proceedings: None SORB HOLDINGS, INC. (a) Sorb Holdings, Inc. (b) The principal business address is: Sorb Holdings, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) Canadian corporation. (d) Securities Laws proceedings: None CANPAC ENTERPRISES, LTD. (a) Canpac Enterprises, Ltd. (b) The principal business address is: Page 14 of 26 Pages 15 Canpac Enterprises, Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) Canadian corporation. (d) Securities Laws proceedings: None WESTERN INSURANCE HOLDINGS, INC. (a) Western Insurance Holdings, Inc. (b) The principal business address is: Western Insurance Holdings, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Securities Laws proceedings: None INSURANCE COMPANY OF THE WEST (a) Insurance Company of the West (b) The principal business address is: Insurance Company of the West 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Securities Laws proceedings: None EXPLORER INSURANCE COMPANY (a) Explorer Insurance Company (b) The principal business address is: Explorer Insurance Company 10140 Campus Point Drive San Diego, CA 92121 (c) Arizona corporation. (d) Securities Laws proceedings: None Identification of Members of the Group The Ernest S. Rady Trust (a) Ernest S. Rady, Trustee Evelyn Shirley Rady (a) Ernest S. Rady, Trustee Page 15 of 26 Pages 16 Avrett Enterprises, Ltd. (a) Avrett Enterprises, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- Sylvia Silverberg President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Vice President, Director 8144 Prestwick Drive La Jolla, CA 92037 Nora Kaufman Secretary, Treasurer, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7
Silpit Industries Co., Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- (a) Silpit Industries Co., Ltd. David S. Kaufman President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 G.L. Stoddart Vice President 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Nora Kaufman Secretary, Treasurer, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Director 8144 Prestwick Drive La Jolla, CA 92037
Page 16 of 26 Pages 17 Sylvia Silverberg Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Allan Kaufman Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7
Memrad Holdings, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- (a) Memrad Holdings, Ltd. Ernest S. Rady President, Director 8144 Prestwick Drive La Jolla, CA 92037 Marjorie Blankstein Vice President, Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Morley Blankstein Vice President 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Mindel Olenick Secretary, Treasurer, Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Thomas Z. Olenick Vice President 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Norman Edwards Assistant Secretary 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3
Page 17 of 26 Pages 18 American Assets, Inc. (a) American Assets, Inc., a California corporation
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- Ernest S. Rady Chairman, President, Director 8144 Prestwick Drive La Jolla, CA 92037 Joanne Torres Secretary, Vice President, Director 10140 Campus Point Drive San Diego, CA 92121 John Chamberlain Vice President 10140 Campus Point Drive San Diego, CA 92121 Allen Garrett Vice President 10140 Campus Point Drive San Diego, CA 92121 Valerie A. McPherson Chief Financial Officer, Director 10140 Campus Point Drive San Diego, CA 92121
Sorb Holdings, Inc.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- (a) Sorb Holdings, Inc. Ernest S. Rady President, Director 8144 Prestwick Drive La Jolla, CA 92037 Douglas J. Peacher Director 10140 Campus Point Drive San Diego, CA 92121 Valerie A. McPherson Secretary, Chief Financial Officer & 10140 Campus Point Drive Director San Diego, CA 92121
Page 18 of 26 Pages 19 Bernard Feldman Director 10140 Campus Point Drive San Diego, CA 92121
Canpac Enterprises, Ltd. (a) Canpac Enterprises, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- Ernest S. Rady President, Director 8144 Prestwick Drive La Jolla, CA 92037 Nora Kaufman Vice President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 David Kaufman Secretary, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Treasurer, Director 8144 Prestwick Drive La Jolla, CA 92037
Western Insurance Holdings, Inc.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- (a) Western Insurance Holdings, Inc. Ernest S. Rady Chairman of the Board 8144 Prestwick Drive La Jolla, CA 92037 Bernard M. Feldman President, Director 10140 Campus Point Drive San Diego, CA 92121 Richard S. King Secretary, Director 10140 Campus Point Drive San Diego, CA 92121
Page 19 of 26 Pages 20 H. Michael Freet Treasurer, Director 10140 Campus Point Drive San Diego, CA 92121
Insurance Company of the West (a) Insurance Company of the West
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- Ernest S. Rady Chairman of the Board, Director 8144 Prestwick Drive La Jolla, CA 92037 Bernard M. Feldman President, Director 10140 Campus Point Drive San Diego, CA 92121 Richard S. King Executive Vice President, Director 10140 Campus Point Drive San Diego, CA 92121 Michael F. McAuliffe Director 10140 Campus Point Drive San Diego, CA 92121 Bruce N. Moore Director 10140 Campus Point Drive San Diego, CA 92121 Robert A. Nelson Director 10140 Campus Point Drive San Diego, CA 92121 Douglas J. Peacher Director 10140 Campus Point Drive San Diego, CA 92121 James B. Rathbun Director 10140 Campus Point Drive San Diego, CA 92121 Herbert J. Solomon Director 10140 Campus Point Drive San Diego, CA 92121
Page 20 of 26 Pages 21 David Kaufman Director 10140 Campus Point Drive San Diego, CA 92121 H. Michael Freet Senior Vice President, 10140 Campus Point Drive Treasurer San Diego, CA 92121 John L. Hannum Senior Vice President 10140 Campus Point Drive San Diego, CA 92121 James Currie Senior Vice President 10140 Campus Point Drive San Diego, CA 92121 John A. DiFalco Senior Vice President 10140 Campus Point Drive San Diego, CA 92121 Rory Read Senior Vice President 10140 Campus Point Drive San Diego, CA 92121 Edward H. Hire Vice President 10140 Campus Point Drive San Diego, CA 92121 Gene P. Irizarry Vice President 10140 Campus Point Drive San Diego, CA 92121 Leslie M. Marshall Vice President 10140 Campus Point Drive San Diego, CA 92121 Samuel A. Banks Resident Vice President 10140 Campus Point Drive San Diego, CA 92121 Marie T. Mollert Resident Vice President 10140 Campus Point Drive San Diego, CA 92121 James Austin Secretary, Vice President & 10140 Campus Point Drive General Counsel San Diego, CA 92121
Page 21 of 26 Pages 22 Fred Rostamian Vice President, Controller 10140 Campus Point Drive San Diego, CA 92121
Explorer Insurance Company (a) Explorer Insurance Company
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of November 13, 1992 ------------------------------------- Ernest S. Rady Chairman, Director 8144 Prestwick Drive La Jolla, CA 92037 Bernard M. Feldman President, Director 10140 Campus Point Drive San Diego, CA 92121 Richard S. King Assistant Secretary, Director 10140 Campus Point Drive San Diego, CA 92121 Walter M. Prayer Vice President 10140 Campus Point Drive San Diego, CA 92121 James Austin Secretary 10140 Campus Point Drive San Diego, CA 92121 H. Michael Freet Treasurer 10140 Campus Point Drive San Diego, CA 92121
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION. The consideration paid for the securities purchased was cash from working capital. ITEM 4. PURPOSE OF TRANSACTION. Investment ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. This filing is for the cumulative share holdings of an affiliated group as of the close of business on November 13, 1992. The various entities named in this Schedule 13D directly or indirectly collectively owned, as of such date, 11,671,897 outstanding shares of Common Stock Page 22 of 26 Pages 23 of the Issuer, representing 66.38% of the outstanding shares of Common Stock of the Issuer. Exhibit A attached hereto and incorporated by this reference herein depicts the relationship among the various affiliated companies in the "Rady" group. There is no formal agreement to vote or dispose of the shares of the Issuer in a particular manner. The dispositive and voting power of each of the trusts and companies shown on Schedule A is made independent of the other, except to the extent that Mr. and Mrs. Rady may be shareholders, officers and/or directors of the various companies and in that respect are able to control disposition and voting of the shares of the Issuer owned by each such company. Transactions occurring in the most recent 60 days were acquisitions of securities of the Issuer made by the Ernest Rady Trust ("ERT") and Insurance Company of the West ("ICW") as follows: 1. ERT 11/13/92 15,750 2. ICW 11/13/92 26,000
The above transactions reflect purchases of the securities on the open market via the facilities of the American Stock Exchange and were made at varying market prices. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. SEE DISCUSSION UNDER ITEM 6 ABOVE Additionally, pursuant to the provisions of the Ernest S. Rady Trust and the Evelyn S. Rady Trust, Ernest S. Rady, as trustee, has the power to sell, buy, retain, invest and reinvest the trusts' assets, which include the shares of the Issuer's Common Stock. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. NONE Page 23 of 26 Pages 24 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: 12/21/95 /s/ ERNEST S. RADY --------------------- ----------------------------------------------------------- Ernest S. Rady, as trustee of the Ernest S. Rady Trust Dated: 12/21/95 /s/ ERNEST S. RADY --------------------- ----------------------------------------------------------- Ernest S. Rady, as trustee of the Evelyn Shirley Rady American Assets, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, President Avrett Enterprises, Ltd. Dated: 12/21/95 By: /s/ EVELYN RADY --------------------- ------------------------------------------------------ Evelyn Rady, Vice President Canpac Enterprises, Ltd. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, President Insurance Company of the West Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, Chairman of the Board Memrad Holdings, Ltd. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, President
Page 24 of 26 Pages 25 Silpit Industries Co., Ltd. Dated: 12/21/95 By: /s/ EVELYN RADY --------------------- ------------------------------------------------------ Evelyn Rady, Director Sorb Holdings, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, President Western Insurance Holdings, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, Chairman of the Board Explorer Insurance Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY --------------------- ------------------------------------------------------ Ernest S. Rady, Chairman
Page 25 of 26 Pages 26 Exhibit A Organizational Chart of Rady Entities Beneficially Holding Shares in Westcorp as of 11/13/92 RADY STRUCTURE ----------------- ----------------- /------Ernest Rady Trust Evelyn Rady Trust-------/ / ---- ------- / / / ----------------- / ----------------- / / / / / / / / / / 51.6% C / / 50.0% / / / / / / / / / --------------------- / ------------------------ / / / Menrad Holdings, Ltd. / Avrett Enterprises, Ltd. / / / --------------------- / ------------------------ / / / / / / / / / / / / 35.9% / / / / / / / 25.9% / / / / ------------------------- / / / / / Silpit Industries Co Ltd.---/ / / / / ------------------------- / / / / / / / / / / 25.4% / / / / / / / / / / / / / / ------------------------ / / / / 36.2% Canpac Enterprises, Ltd. / / / /------------- / / / ------------------------ / / / / / / / / / / / 53.0% C --------------------- / / / -----------American Assets, Inc. 28.6% C / / / 17.9% C -----------/ / /----------------------- / --------------------- / / / 52.2% -----------------------------/ 92.0% / / / / / / / / --------------------- / / Western Ins. Holdings / / --------------------- / / / / / / 100.0% / / / / / ------------------------- / / Insurance Co. of the West / / 4.5% / / /-------------- 26,000 Shares / / / ------------------------- / / / / / / / / 100.0% / / / / / / / ---------------------- / / / Explorer Insurance Co. / / / 0.1% / / / /-------------- / / / / ---------------------- / -------------- / Westcorp / 6.8% /----------- -------------- / / 100% C / ----------------- Western Financial Savings Bank F.S.B. ----------------- Page 26 of 26 Pages -----END PRIVACY-ENHANCED MESSAGE-----