-----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, BMYyBVe5H9VFOOw0AtuW+Y7yDTgMMPNdVzEPzVOKVjS9IpDZ5IH/INBub2g0Pyqr Z6wyJyWVNpRK9kgjPZfo6g== 0000891554-01-504811.txt : 20010906 0000891554-01-504811.hdr.sgml : 20010906 ACCESSION NUMBER: 0000891554-01-504811 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010905 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GRANITE BROADCASTING CORP CENTRAL INDEX KEY: 0000839621 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 133458782 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-48687 FILM NUMBER: 1731598 BUSINESS ADDRESS: STREET 1: 767 THIRD AVE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128262530 MAIL ADDRESS: STREET 1: 767 THIRD AVE 34TH FL CITY: NEW YORK STATE: NY ZIP: 10017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SANDLER CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0001000742 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 112792496 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 767 FIFTH AVENUE STREET 2: 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2127548100 MAIL ADDRESS: STREET 1: 767 FIFTH AVENUE STREET 2: 45TH FL CITY: NEW YORK STATE: NY ZIP: 10153 SC 13D 1 d26673_sc13-d.txt SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 S C H E D U L E 13D Under the Securities Exchange Act of 1934 (Amendment No. 4)(1) GRANITE BROADCASTING CORPORATION (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE (Title of Class of Securities) 387241102 (CUSIP Number) Copy to: Sandler Capital Management Michael R. Reiner, Esq. 767 Fifth Avenue Morrison Cohen Singer & Weinstein, LLP New York, New York 10153 750 Lexington Avenue Telephone (212) 754-8100 New York, New York 10022 Telephone (212) 735-8600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 18, 2000 (Date of Event which Requires Filing 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 Rule 13d-1(e), 13d-1(f) or 13d-(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 Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following page(s)) - ---------- (1) 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 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. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Sandler Capital Management - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* WC, OO - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 118,500 shares 0.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 118,500 shares 0.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 118,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Sandler Associates - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* WC, OO - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 144,000 shares 0.8% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 0 shares 0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 144,000 shares 0.8% With ----------------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 144,000 shares - -------------------------------------------------------------------------------- 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* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) ARH Corp. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 118,500 shares 0.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 118,500 shares 0.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 118,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) MJDM Corp. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* OO - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 118,500 shares 0.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 118,500 shares 0.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 118,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Four JK Corp. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 118,500 shares 0.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 118,500 shares 0.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 118,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) ALCR Corp. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* OO - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 118,500 shares 0.6% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 118,500 shares 0.6% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 118,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0.6% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Harvey Sandler - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF, OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 610,000 shares 3.3% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 264,500 shares 1.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 610,000 shares 3.3% With ----------------------------------------------------------------- 10 Shared Dispositive Power 264,500 shares 1.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 874,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 4.8% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Michael J. Marocco - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF, OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 262,500 shares 1.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 262,500 shares 1.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 262,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 1.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) John Kornreich - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF, OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 15,500 shares 0.1% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 262,500 shares 1.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 15,500 shares 0.1% With ----------------------------------------------------------------- 10 Shared Dispositive Power 262,500 shares 1.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 278,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 1.5% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Andrew Sandler - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF, OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 262,500 shares 1.4% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 262,500 shares 1.4% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 262,500 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 1.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Phyllis Sandler - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* PF, OO - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 2,000 shares 0.01% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 610,000 shares 3.3% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 2,000 shares 0.01% With ----------------------------------------------------------------- 10 Shared Dispositive Power 610,000 shares 3.3% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 612,000 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 3.4% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 32 CUSIP No. 387241102 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) J. K. Media, L.P. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (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 New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ----------------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By 0 shares 0% Each ----------------------------------------------------------------- Reporting 9 Sole Dispositive Power Person 0 shares 0% With ----------------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 0 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 32 ITEM 1. SECURITY AND ISSUER Item 1 is hereby amended and restated as follows: This Amendment No. 4 amends and supplements the Schedule 13D, dated February 11, 1998 by certain reporting persons relating to the common stock (the "Common Stock") of Granite Broadcasting Corporation, a Delaware corporation (the "Issuer"), the principal executive offices of which are located at 767 Third Avenue, 34th Floor, New York, New York 10017. ITEM 2. IDENTITY AND BACKGROUND Item 2 is hereby amended and restated as follows: 1. (a) Sandler Capital Management, a registered investment advisor and a general partnership organized under the laws of the State of New York ("SCM"). (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. SCM is managed by a committee (the "Management Committee") consisting of the principal stockholders of ARH Corp., MJDM Corp. and Four JK Corp. (Harvey Sandler, Michael Marocco and John Kornreich). While the Management Committee has ultimate governing authority over SCM, all decisions regarding SCM's investment in the securities of the Issuer are made by the principal stockholders of MJDM Corp., Four JK Corp. and ALCR Corp. (Michael Morocco, John Kornreich and Andrew Sandler). As of December 18, 2000, SCM has 4 other general partners. The attached Schedule I sets forth a list of each of the other general partners of SCM (other than ARH Corp., MJDM Corp., Four JK Corp. and ALCR Corp.), the executive officers and directors of each of the general partners of SCM, and the controlling persons of the other general partners of SCM, and contains the following information with respect to each such person: (i) name, (ii) business address, (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, and (iv) citizenship or state or other place of organization. 2. (a) Sandler Associates, a general partnership organized under the laws of the State of New York ("SA"). (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. SA is managed by its general partners, consisting as of December 18, 2000 of Harvey Sandler, Michael Marocco, John Kornreich, Andrew Sandler, Douglas Schimmel, Hannah Stone, David Lee and Edward Grinacoff. All decisions regarding SA's investment in the securities of the Page 14 of 32 Issuer are in the discretion of the general partners. In the event that the general partners, after consultation, can not agree on any matter concerning the business or operations of SA, the decision of Harvey Sandler shall control. The attached Schedule I sets forth a list of each of the other general partners of SA (other than Harvey Sandler, Michael Morocco, John Kornreich and Andrew Sandler), and contains the following information with respect to each such person: (i) name, (ii) business address, (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, and (iv) citizenship or state or other place of organization. 3. (a) ARH Corp., a Delaware corporation. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 4. (a) MJDM Corp., a New York corporation. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 5. (a) Four JK Corp., a Delaware corporation. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 6. (a) ALCR Corp., a New York corporation. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 7. (a) Harvey Sandler, is the sole stockholder of ARH Corp., President of Sandler Enterprises, a Managing Director of SCM and a general partner of SA. (b) Address: Sandler Enterprises 1555 North Park Drive, Suite 101 Weston, Florida 33329 (c) Principal Occupation: Investor. (d) No. (e) No. Page 15 of 32 (f) Citizenship: United States. ARH Corp. is a general partner of SCM. Harvey Sandler is the husband of Phyllis Sandler and the father of Andrew Sandler. 8. (a) Michael J. Marocco, is the sole shareholder of MJDM Corp., a Managing Director of SCM and a general partner of SA. (b) Address: Sandler Capital Management 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. MJDM Corp. is a general partner of SCM. 9. (a) John Kornreich, is the majority stockholder of Four JK Corp., a Managing Director of SCM, a general partner of SA, and the general partner of J.K. Media, L.P. (b) Address: Sandler Capital Management 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. Four JK Corp. is a general partner of SCM. 10. (a) Andrew Sandler, is the sole shareholder of ALCR Corp., a Managing Director of SCM and a general partner of SA. (b) Address: Sandler Capital Management 767 Fifth Avenue New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. ALCR Corp. is a general partner of SCM. Andrew Sandler is the son of Harvey Sandler and Phyllis Sandler. Page 16 of 32 11. (a) J.K. Media, L.P., a limited partnership organized under the laws of the State of New York. (b) Address: 767 Fifth Avenue New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 12. (a) Phyllis Sandler. (b) Address: 17591 Lake Estate Drive Boca Raton, Florida 33496 (c) Principal Business: Investor (d) No. (e) No. (f) Citizenship: United States. Phyllis Sandler is the wife of Harvey Sandler and the mother of Andrew Sandler. None of the reporting persons and to the best of each of the reporting person's knowledge, none of the persons named in Schedule I hereto, has during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITEM 3. Source and Amount of Funds or Other Consideration. Item 3 is hereby amended by adding the following paragraphs: The source of funds for the acquisition of the additional shares of Common Stock by Harvey Sandler was his personal funds and other funds. Harvey Sandler purchased a total of 259,000 additional shares of Common Stock, par value $0.01 per share, for $495,875. ITEM 4. Purpose of Transaction. Item 4 is hereby amended and restated as follows: Other than the reporting persons' purchase or sale of additional securities of the Issuer, no reporting person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein. ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER Item 5 is hereby amended and restated as follows: Page 17 of 32 (a) The following list sets forth the aggregate number and percentage (based on 18,259,646 shares of Common Stock outstanding as reported by the Issuer in its Form 10-Q for the quarter ended September 30, 2000), of outstanding shares of Common Stock owned beneficially by each reporting person named in Item 2, as of December 18, 2000: Shares of Common Percentage of Shares Stock Beneficially of Common Stock Name Owned Beneficially Owned - ---- ------------------ -------------------- Sandler Capital Management 118,500(2,3) 0.6% Sandler Associates 144,000(3) 0.8% ARH Corp. 118,500(2,3) 0.6% MJDM Corp. 118,500(2,3) 0.6% Four JK Corp. 118,500(2,3) 0.6% ALCR Corp. 118,500(2,3) 0.6% Harvey Sandler 874,500(2,3,4,6) 4.8% Michael J. Marocco 262,500(2,3,4) 1.4% John Kornreich 278,000(2,3,4) 1.5% Andrew Sandler 262,500(2,3,4) 1.4% J.K. Media, L.P. 0 0% Phyllis Sandler 612,000(3,5) 3.4% (2) Includes 118,500 shares of Common Stock held by accounts managed by SCM. (3) The reporting person disclaims beneficial ownership of these securities, except to the extent of his/her/its equity interest therein. (4) Includes 144,000 shares of Common Stock owned by SA. (5) Includes 610,000 shares of Common Stock owned by Harvey Sandler. (6) Includes 2,000 shares of Common Stock owned by Phyllis Sandler. (b) SCM is managed by a Management Committee consisting of the principal stockholders of ARH Corp., MJDM Corp. and Four JK Corp. (Harvey Sandler, Michael Marocco and John Kornreich). While the Management Committee has ultimate governing authority over SCM, all decisions regarding SCM's investment in the securities of the Issuer are made by the principal stockholders of MJDM Corp., Four JK Corp. and ALCR Corp. (Michael Morocco, John Kornreich and Andrew Sandler). As of December 18, 2000, SCM has 4 other general partners. By virtue of being the manager of certain accounts owning shares of Common Stock with respect to which SCM exercises investment discretion, SCM may be deemed to have shared power to vote and to dispose of 118,500 shares of Common Stock, representing approximately 0.6% of the outstanding shares of Common Stock. SA is managed by its general partners, consisting as of December 18, 2000 of Harvey Sandler, Michael Marocco, John Kornreich, Andrew Sandler, Douglas Schimmel, Hannah Stone, David Lee and Edward Grinacoff. All decisions regarding SA's investment in the securities of the Issuer are in the discretion of the general partners. In the event that the general partners, after Page 18 of 32 consultation, can not agree on any matter concerning the business or operations of SA, the decision of Harvey Sandler shall control. SA has sole power to vote and to dispose of 144,000 shares of Common Stock, representing approximately 3.4% of the outstanding shares of Common Stock. By virtue of being a general partner of SCM, each of ARH Corp., MJDM Corp., Four JK Corp. and ALCR Corp., may be deemed to have shared power to vote and to dispose of 118,500 shares of Common Stock, representing approximately 0.6% of the outstanding shares of Common Stock. Harvey Sandler has sole power to vote and to dispose of 610,000 shares of Common Stock, representing approximately 3.3% of the outstanding shares of Common Stock. As described above and by virtue of being a general partner of SA, and by virtue of being the husband of Phyllis Sandler, Harvey Sandler may be deemed to have shared power to vote and to dispose of 264,500 shares of Common Stock, representing approximately 1.4% of the outstanding shares of Common Stock. As described above and by virtue of being a general partner of SA, Michael J. Marocco may be deemed to have shared power to vote and to dispose of 262,500 shares of Common Stock, representing approximately 1.4% of the outstanding shares of Common Stock. John Kornreich has sole power to vote and to dispose of 15,500 shares of Common Stock, representing approximately 0.1% of the outstanding shares of Common Stock. As described above and by virtue of being a general partner of SA, John Kornreich may be deemed to have shared power to vote and to dispose of 262,500 shares of Common Stock, representing approximately 1.4% of the outstanding shares of Common Stock. As described above and by virtue of being a general partner of SA, Andrew Sandler may be deemed to have shared power to vote and to dispose of 262,500 shares of Common Stock, representing approximately 1.4% of the outstanding shares of Common Stock. Phyllis Sandler has sole power to vote and to dispose of 2,000 shares of Common Stock, representing approximately 0.01% of the outstanding shares of Common Stock. By virtue of being the wife of Harvey Sandler, Phyllis Sandler may be deemed to have shared power to vote and to dispose of 610,000 shares of Common Stock, representing approximately 3.3% of the outstanding shares of Common Stock. (c) The following is a description of all transactions in shares of Common Stock of the Issuer by the reporting persons identified in Item 2 of this Schedule 13D effected from October 18, 2000 through December 18, 2000:
No. of Shares Name Date Purchased or Sold Purchased or (Sold) Price Per Share ---- ---------------------- ------------------- --------------- Sandler Capital Management 12/18/00 (1,000) $1.125 12/18/00 (1,000) $1.1875
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No. of Shares Name Date Purchased or Sold Purchased or (Sold) Price Per Share ---- ---------------------- ------------------- --------------- 12/18/00 (2,000) $1.175 12/18/00 (160,000) $1.10 Sandler Associates 12/18/00 (1,000) $1.1875 J.K. Media, L.P. 12/18/00 (90,000) $1.10 Harvey Sandler 11/07/00 10,000 $3.50 11/16/00 10,000 $2.0625 11/20/00 49,500 $1.9375 11/21/00 10,000 $1.875 11/21/00 5,000 $2.00 11/21/00 25,000 $1.8125 11/21/00 109,500 $1.9375 12/01/00 20,000 $1.25 12/11/00 20,000 $1.65625
All purchases and sales of Common Stock were effected in open market transactions in the over-the-counter market. (d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities. (e) Effective December 18, 2000, the reporting persons ceased to be the beneficial owners of more than five percent (5%) of the Common Stock of the Issuer. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS Item 7 is hereby amended by adding the following paragraph: Exhibit 99.1. Agreement among the reporting persons, effective as of December 18, 2000, by which they have agreed to file this Schedule 13D and all necessary amendments, as required by Rule 13d-1. Page 20 of 32 SIGNATURE After reasonable inquiry and to the best of his/her/its knowledge and belief, each of the undersigned hereby certifies that the information set forth in this Schedule is true, complete and correct. Dated: September 5, 2001 SANDLER CAPITAL MANAGEMENT By: MJDM Corp., a General Partner By: /s/ Moira Mitchell ------------------------------------- Name: Moira Mitchell Title: President SANDLER ASSOCIATES By: /s/ Andrew Sandler ----------------------------------- Name: Andrew Sandler Title: General Partner ARH CORP. By: /s/ Jeffrey Levine ----------------------------------- Name: Jeffrey Levine Title: President MJDM CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: President FOUR JK CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: President Page 21 of 32 ALCR CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: Vice President and Secretary /s/ Harvey Sandler ---------------------------------------- Harvey Sandler /s/ Michael J. Marocco ---------------------------------------- Michael J. Marocco /s/ John Kornreich ---------------------------------------- John Kornreich /s/ Andrew Sandler ---------------------------------------- Andrew Sandler J.K. MEDIA, L.P. By: /s/ John Kornreich ------------------------------------- Name: John Kornreich Title: General Partner /s/ Phyllis Sandler ---------------------------------------- Phyllis Sandler ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). Page 22 of 32 The following Schedule sets forth a list as of December 18, 2000 of each of the other general partners of Sandler Capital Management (other than ARH Corp., MJDM Corp., Four JK Corp. and ALCR Corp.), the executive officers and directors of each of the general partners of Sandler Capital Management, the controlling persons of the other general partners of Sandler Capital Management and the other general partners of Sandler Associates (other than Harvey Sandler, Michael Marocco, John Kornreich and Andrew Sandler), and contains the following information with respect to each such person: (i) name, (ii) business address, (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, and (iv) citizenship or state or other place of organization. SCHEDULE 1 OTHER GENERAL PARTNERS OF SANDLER CAPITAL MANAGEMENT
Citizenship or State or Other Present principal business and Name/Position Place of Organization address of its principal office - ------------- ----------------------------- ------------------------------- Terpsi Corp., General Partner New York Investments 767 Fifth Avenue New York, New York 10153 Serf Corp., General Partner New York Investments 767 Fifth Avenue New York, New York 10153 Jirakal Corp., General New York Investments Partner(1) 767 Fifth Avenue New York, New York 10153 Medg Corp., General Partner(2) New York Investments 767 Fifth Avenue New York, New York 10153 OTHER GENERAL PARTNERS OF SANDLER ASSOCIATES Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Douglas Schimmel United States Managing Director Sandler Capital Management 767 Fifth Avenue New York, New York 10153
(1) Effective April 18, 2001, Jirakal Corp. ceased to be a general partner of SCM, and David Lee, the sole shareholder of Jirakal Corp., ceased to be a general partner of SA and a Managing Director of SCM. (2) Effective December 31, 2000, Medg Corp. ceased to be a general partner of SCM, and Edward Grinacoff, the sole shareholder of Medg Corp., ceased to be a general partner of SA. Page 23 of 32 Hannah Stone United States Managing Director Sandler Capital Management 767 Fifth Avenue New York, New York 10153 David Lee(1) United States Managing Director Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Edward Grinacoff(2) United States Managing Director Sandler Capital Management 767 Fifth Avenue New York, New York 10153 EXECUTIVE OFFICERS AND DIRECTORS OF ARH CORP.
Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Jeffrey M. Levine, President United States Chief Financial Officer Sandler Enterprises 1555 North Park Drive Suite 101 Weston, Florida 33329 Moira Mitchell, Secretary United States Administrative and Treasurer Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Ricky Sandler, Director United States Investments Eminence Partners LLC 20 Park Avenue Suite 3300 New York, New York 10166
(1) Effective April 18, 2001, Jirakal Corp. ceased to be a general partner of SCM, and David Lee, the sole shareholder of Jirakal Corp., ceased to be a general partner of SA and a Managing Director of SCM. (2) Effective December 31, 2000, Medg Corp. ceased to be a general partner of SCM, and Edward Grinacoff, the sole shareholder of Medg Corp., ceased to be a general partner of SA. Page 24 of 32 EXECUTIVE OFFICERS AND DIRECTORS OF MJDM CORP.
Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Moira Mitchell, President United States Administrative Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Kathy Rose, Vice President, United States Administrative Treasurer and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Michael Todress, Director United States Accountant Todress and Rubin LLP 400 Post Avenue Suite 205 Westbury, New York 11590 EXECUTIVE OFFICERS AND DIRECTORS OF FOUR JK CORP. Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- --------------------- ------------------- Moira Mitchell, Director and United States Administrative President Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Kathy Rose, Vice President United States Administrative and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153
Page 25 of 32 EXECUTIVE OFFICERS AND DIRECTORS OF ALCR CORP.
Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Jeffrey M. Levine, President United States Chief Financial Officer Sandler Enterprises 1555 North Park Drive Suite 101 Weston, Florida 33329 Moira Mitchell, Vice United States Administrative President and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Ricky Sandler, Director United States Investments Eminence Partners LLC 20 Park Avenue Suite 3300 New York, New York 10166 EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF JIRAKAL CORP. Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Moira Mitchell, President United States Administrative Sandler Capital Management 767 Fifth Avenue New York, New York 10153
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Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Kathy Rose, Vice President United States Administrative and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Michael Todress, Director United States Accountant Todress and Rubin LLP 400 Post Avenue Suite 205 Westbury, New York 11590 David Lee, Sole Shareholder United States Managing Director Sandler Capital Management 767 Fifth Avenue New York, New York 10153 EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF TERPSI CORP. Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Moira Mitchell, President United States Administrative Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Kathy Rose, Vice President United States Administrative and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153
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Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Michael Todress, Director United States Accountant Todress and Rubin LLP 400 Post Avenue Suite 205 Westbury, New York 11590 Hannah Stone, Sole United States Managing Director Shareholder Sandler Capital Management 767 Fifth Avenue New York, New York 10153
Page 28 of 32 EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF SERF CORP.
Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Moira Mitchell, President United States Administrative Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Kathy Rose, Vice President United States Administrative and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Michael Todress, Director United States Accountant Todress and Rubin LLP 400 Post Avenue Suite 205 Westbury, New York 11590 Douglas Schimmel, Sole United States Managing Director Shareholder Sandler Capital Management 767 Fifth Avenue New York, New York 10153
Page 29 of 32 EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF MEDG CORP.
Present principal occupation or employment and name, Citizenship or State or Other principal business and Name/Position Place of Organization address of employer - ------------- ----------------------------- ------------------------------- Moira Mitchell, Director and United States Administrative President Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Anthony Cimini, Director, United States Controller Vice President and Secretary Sandler Capital Management 767 Fifth Avenue New York, New York 10153 Edward Grinacoff, Sole United States Managing Director Shareholder Sandler Capital Management 767 Fifth Avenue New York, New York 10153
Page 30 of 32 EX-99 3 d26673_ex99-1.txt JOINT FILING AGREEMENT EXHIBIT 99.1 JOINT FILING AGREEMENT In accordance with Rule 13d-1 under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the securities of Granite Broadcasting Corporation and that this Agreement be filed as an Exhibit to such statement on Schedule 13D. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement effective as of the 18th day of December 2000. SANDLER CAPITAL MANAGEMENT By: MJDM Corp., a General Partner By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: President SANDLER ASSOCIATES By: /s/ Andrew Sandler ----------------------------------- Name: Andrew Sandler Title: General Partner ARH CORP. By: /s/ Jeffrey Levine ----------------------------------- Name: Jeffrey Levine Title: President MJDM CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: President FOUR JK CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: President Page 31 of 32 ALCR CORP. By: /s/ Moira Mitchell ----------------------------------- Name: Moira Mitchell Title: Vice President and Secretary /s/ Harvey Sandler ---------------------------------------- Harvey Sandler /s/ Michael J. Marocco ---------------------------------------- Michael J. Marocco /s/ John Kornreich ---------------------------------------- John Kornreich /s/ Andrew Sandler ---------------------------------------- Andrew Sandler J.K. MEDIA, L.P. By: /s/ John Kornreich ----------------------------------- Name: John Kornreich Title: General Partner /s/ Phyllis Sandler ---------------------------------------- Phyllis Sandler Page 32 of 32 -----END PRIVACY-ENHANCED MESSAGE-----