-----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, WkM+Nsa6ZElzQ3kOiEc9AWkn6xIM1Mmm5W/ZmXekyzb+gOQzlX2yzfq6ARYVjruF OyPYfHtdRmk1XbMQDsnIjA== /in/edgar/work/20000526/0000913355-00-000101/0000913355-00-000101.txt : 20000919 0000913355-00-000101.hdr.sgml : 20000919 ACCESSION NUMBER: 0000913355-00-000101 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000526 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NYMAGIC INC CENTRAL INDEX KEY: 0000847431 STANDARD INDUSTRIAL CLASSIFICATION: [6351 ] IRS NUMBER: 133534162 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43571 FILM NUMBER: 644594 BUSINESS ADDRESS: STREET 1: 330 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2125510600 MAIL ADDRESS: STREET 1: 330 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TUTHILL HOWARD S III CENTRAL INDEX KEY: 0001100675 STANDARD INDUSTRIAL CLASSIFICATION: [ ] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: FOUR STAMFORD PLAZA CITY: STAMFORD STATE: CT ZIP: 06904 BUSINESS PHONE: 2033271700 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) NYMAGIC, Inc. ------------- (Name of Issuer) Common Stock, $1.00 Par Value ----------------------------- (Title of Class of Securities) 629484 10 6 ------------ (CUSIP Number) Howard S. Tuthill, III Cummings & Lockwood Four Stamford Plaza, P.O. Box 120 Stamford, Connecticut 06904 (203) 327-1700 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 18, 2000 ------------ (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 [ ] Page 1 of 6 pages - --------------------------- -------------------------------- CUSIP No. 629484 10 6 Page 2 of 6 Pages - --------------------------- -------------------------------- - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Louise B. Tollefson Florida Intangible Tax Trust dated 12/9/98 - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) |_| (b) |_| - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO - ------------ ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ------------ ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ------------------------- -------- --------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 -------- --------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 -------- --------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 0 -------- --------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 0 - ------------ ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------ ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) |_| - ------------ ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - ------------ ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) OO - ------------ ------------------------------------------------------------------- - ------------------------- ---------------------------------- CUSIP No. 629484 10 6 Page 3 of 6 Pages - ------------------------- ---------------------------------- - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Howard S. Tuthill, III - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) |_| (b) |_| - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO - ------------ ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ------------ ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------- -------- --------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 -------- --------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 -------- --------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 0 -------- --------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 0 - ------------ ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------ ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) |_| - ------------ ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - ------------ ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) IN - ------------ ------------------------------------------------------------------- Page 4 of 6 Introduction This Amendment No. 2 to Schedule 13D is being filed in order to report the transfer of 1,080,667 shares of common stock, $1.00 par value ("Common Stock"), of NYMAGIC, Inc., a New York corporation (the "Issuer"), from the Louise B. Tollefson Florida Intangible Tax Trust dated 12/9/98 (the "FIT Trust") to the Louise B. Tollefson Revocable Trust dated 12/23/97 (the "Revocable Trust"). L. Tollefson is a beneficiary of the FIT Trust, and the co-trustees of the FIT Trust are Howard S. Tuthill and Howard S. Tuthill, III ("Tuthill"), with Tuthill having sole voting and dispositive power over the shares of Common Stock held by the FIT Trust. L. Tollefson is a beneficiary and sole trustee of the Revocable Trust. The transfers described above were effected on May 18, 2000. Item 1. Security and Issuer. The class of equity securities to which this Schedule relates is the Issuer's Common Stock, $1.00 par value. The Issuer is NYMAGIC, Inc., a New York corporation, and its principal executive offices are located at 330 Madison Avenue, New York, New York 10017. Item 2. Identity and Background. This Schedule is being filed by the FIT Trust and by Tuthill in his capacity as a Trustee of the Trust. The principal business address of both the FIT Trust and Tuthill (collectively, the "Reporting Persons") is c/o Cummings & Lockwood, Four Stamford Plaza, P.O. Box 120, Stamford, Connecticut 06904. Tuthill is a partner at Cummings & Lockwood, a law firm headquartered in Stamford, Connecticut. During the last five years, neither Reporting Person has been convicted in a criminal proceeding or been the subject of 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. The transaction that requires the filing of this Schedule was a transfer that was effected without consideration. On May 18, 2000, 1,080,667 shares of Common Stock were transferred from the FIT Trust to the Revocable Trust. Item 4. Purpose of Transaction. The purpose of the transfer of 1,080,667 shares of Common Stock from the FIT Trust to the Revocable Trust was to implement certain aspects of L. Tollefson's estate and tax planning objectives. The Reporting Persons have no plans or proposals that would result in any of the consequences listed in paragraphs (a) - (j) of Item 4 of Schedule 13D. Page 5 of 6 Item 5. Interest in Securities of the Issuer. (a) and (b) Set forth in the table below are the number and percentage of shares of Common Stock of the Issuer beneficially owned by each Reporting Person named in Item 2 as of the date hereof:
Number of Shares Number of Shares Beneficially Owned Beneficially Owned Aggregate Number Percentage of With Sole Voting and With Shared Voting and of Shares Shares Beneficially Name Dispositive Power Dispositive Power Beneficially Owned Owned ---- ----------------- ----------------- ------------------ ------------------- Louise B. Tollefson Florida Intangible Tax Trust dated 12/9/98 0 0 0 0% Howard S. Tuthill, III 0 0 0 0%
(c) The Reporting Persons transferred beneficial ownership of an aggregate of 1,080,667 shares of Common Stock on May 18, 2000, in a transfer from the FIT Trust. The Reporting Persons were given no consideration for such shares. (d) None. (e) Not Applicable Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Pursuant to the terms of the Trust Agreement, dated December 9, 1998, executed in connection with the establishment of the FIT Trust, Tuthill shall, upon April 30th of each calendar year, distribute the then-remaining trust estate to the then-acting Trustee of the Revocable Trust. Item 7. Material to Be Filed as Exhibits. Exhibit Number Description - ------- ----------- 1 Agreement, dated as of April 6, 2000, between the Reporting Persons relating to the filing of a joint Schedule 13D (incorporated by reference to Amendment No. 1 the Schedule 13D of the Reporting Persons dated April 10, 2000). Page 6 of 6 SIGNATURES 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: May 26, 2000 /s/ HOWARD S. TUTHILL, III -------------------------- Howard S. Tuthill, III LOUISE B. TOLLEFSON FLORIDA INTANGIBLE TAX TRUST DATED 12/9/98 By /s/ HOWARD S. TUTHILL, III -------------------------- Howard S. Tuthill, III Trustee -----END PRIVACY-ENHANCED MESSAGE-----