-----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, C7sYZ5GwMrUpSVoraCxvuedyg42abjUIvX4tJ4zTiZ7wa3WJOBrDi8S7DuFgFSGU Utp3gpphVKR5UdBF/k+QuQ== 0000903112-97-000722.txt : 19970610 0000903112-97-000722.hdr.sgml : 19970610 ACCESSION NUMBER: 0000903112-97-000722 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970609 SROS: AMEX GROUP MEMBERS: BRAMSON EDWARD J GROUP MEMBERS: C.L. MCKIBBEN GROUP MEMBERS: NEWHILL PARTNERS, L.P. GROUP MEMBERS: SCI GROUP MEMBERS: SH SECURITIES CO., LLC GROUP MEMBERS: SHI GROUP MEMBERS: SIC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMPEX CORP /DE/ CENTRAL INDEX KEY: 0000887433 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 133667696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-09690 FILM NUMBER: 97620903 BUSINESS ADDRESS: STREET 1: 500 BROADWAY STREET 2: MAIL STOP 3-36 CITY: REDWOOD CITY STATE: CA ZIP: 94063-3199 BUSINESS PHONE: 4153672011 MAIL ADDRESS: STREET 1: 500 BROADWAY STREET 2: MAIL STOP 3-36 CITY: REDWOOD CITY STATE: CA ZIP: 94063-3199 FORMER COMPANY: FORMER CONFORMED NAME: AMPEX INC /DE/ DATE OF NAME CHANGE: 19940505 FORMER COMPANY: FORMER CONFORMED NAME: AMPEX INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BRAMSON EDWARD J CENTRAL INDEX KEY: 0001016268 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 75 E 55TH ST CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128567000 MAIL ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 75 E 55TH ST CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 AMENDMENT NO. 10 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 10 TO SCHEDULE 13D Under the Securities Exchange Act of 1934 Ampex Corporation (Name of Issuer) Class A Common Stock, Par Value $.01 Per Share ---------------------------------------------- (Title of Class of Securities) 032092108 --------- (CUSIP Number) Craig L. McKibben 65 East 55th Street New York, New York 10022 (212) 759-6301 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 31, 1997 ------------ (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: / / Check the following box if a fee is being paid with this Statement: / / 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 2 of 15 Pages ---------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SH Securities Co., LLC 13-3912827 - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 400,000 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 0 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 400,000 ------------------------------------------------------------------------------------------------------- 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* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.9% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 3 of 15 Pages --------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sherborne Investments Corporation 51-0364504 - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,450,000 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ---------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 0 ---------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,450,000 ---------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,450,000 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.2% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - ---------------------------------------------- --------------------------------------- CUSIP No. 032092108 Page 4 of 15 Pages --------- -- ------ - ---------------------------------------------- --------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sherborne Holdings Incorporated 13-3513642 - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 693,566 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 219,656 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 693,566 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 913,222 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 5 of 15 Pages --------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Newhill Partners, L.P. 13-3389798 - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 693,566 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 219,656 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 693,566 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 913,222 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 6 of 15 Pages --------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sherborne & Company Incorporated 22-2569328 - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSUR OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,070,545 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 219,656 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,070,545 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,290,201 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 7 of 15 Pages --------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Craig L. McKibben ###-##-#### - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 358,000 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 219,656 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 577,656 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,704,415 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,282,071 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.2% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 414618.6 SCHEDULE 13D - --------------------------------------------- ---------------------------------------- CUSIP No. 032092108 Page 8 of 15 Pages ---------- -- ------ - --------------------------------------------- ---------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edward J. Bramson - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / N/A - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 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 Kingdom - ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 5,282,955 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 219,656 ------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 5,282,955 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,407,480 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,910,091 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* || - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.4% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
414618.6 AMENDMENT NO. 10 TO SCHEDULE 13D This Amendment No. 10 amends certain of the information contained in the Statement on Schedule 13D, as previously amended (the "Schedule 13D"), filed by the parties named below and certain other parties (collectively, "Filing Parties") relating to the Class A Common Stock ("Class A Stock") of Ampex Corporation (the "Company"). Certain information in the Schedule 13D which has not changed since the filing of the most recent amendment thereto is not restated herein. Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule 13D. Item 1. Security and Issuer. No change. Item 2. Identity and Background. This Amendment No. 10 is being filed pursuant to Section 13d(1) of the Securities Act of 1934, as amended (the "Exchange Act") and Rule 13d-2 thereunder by the Filing Parties named below, each of whom has a business address at 65 East 55th Street, New York, NY 10022. 1. SH Securities Co. LLC, a New York limited liability company ("SHS"), of which Edward J. Bramson, one of the Filing Parties, is the sole managing member. SHS's principal business is the ownership of Class A Stock of the Company. SHS has no other executive officers or directors. 2. Sherborne Investments Corporation, a Delaware corporation ("SIC"), of which Edward J. Bramson, one of the Filing Parties, is the sole stockholder. SIC's principal business is the ownership of Class A Stock of the Company. 3. Sherborne Holdings Incorporated, a Delaware corporation ("SHI"). SHI's principal business is the ownership of shares of the Company and of Lanesborough Corporation, a Delaware corporation. 4. Newhill Partners, L.P. ("NLP"), a Delaware limited partnership, which owns all of the outstanding stock of SHI. NLP's principal business is to acquire, hold and dispose of business entities, directly or through subsidiaries and holding companies. The General Partner of NLP is SCI (defined below). 5. Sherborne & Company Incorporated, a Delaware corporation ("SCI"), the General Partner of NLP. SCI is owned by Edward J. Bramson, who is its sole stockholder. SCI's principal business is to act as General Partner of NLP. Page 9 of 15 Pages 414618.6 6. Craig L. McKibben, Vice President, Treasurer, Chief Financial Officer, and a director of the Company. Mr. McKibben is also an officer and director of each other corporation that is a Filing Party herein (other than SIC) and a limited partner of NLP. 7. Edward J. Bramson, Chairman of the Board, President and Chief Executive Officer of the Company. Mr. Bramson is also the chief executive officer and a director of each other corporation that is a Filing Party herein. Additional information regarding the Filing Parties named above is contained in Item 2 and Schedule 1 of the Schedule 13D and is incorporated herein by reference. Item 3. Source and Amount of Funds or Other Consideration. No change. Item 4. Purpose of the Transaction. Not Applicable. Item 5. Interest in Securities of the Issuer. (a) As of the close of business on May 31, 1997: (i) SHS owned 400,000 shares of Class A Stock of the Company, representing approximately 0.9% of the outstanding shares of Class A Stock of the Company. (ii) SIC owned 1,450,000 shares of Class A Stock of the Company, representing approximately 3.2% of the outstanding shares of Class A Stock of the Company. (iii) SHI owned directly or through a wholly-owned subsidiary 693,566 shares of Class A Stock. In addition, SHI holds the right to vote 219,656 shares of Class A Stock as holder of a voting proxy with respect to such shares granted by Craig L. McKibben. Accordingly, SHI is deemed to be the beneficial owner of an aggregate of 913,222 shares of Class A Stock, representing approximately 2.0% the outstanding Class A Stock of the Company. (iv) NLP owned all the outstanding shares of SHI, and is deemed to be the beneficial owner of all shares beneficially owned or controlled by SHI. Accordingly, NLP is deemed to be the beneficial owner of an aggregate of 913,222 shares, representing approximately 2.0%, of the outstanding Class A Stock of the Company. (v) SCI owned directly 376,979 shares of Class A Stock, and SCI is deemed to be the beneficial owner of all shares beneficially owned by NLP, as SCI is the general partner of NLP, the sole stockholder of SHI. Accordingly, SCI is deemed to be the beneficial owner of an aggregate of 1,290,201 shares, representing approximately 2.8% of the outstanding Class A Stock of the Company. Page 10 of 15 Pages 414618.6 (vi) Mr. McKibben owned directly 219,656 shares of Class A Stock, held vested options to acquire 208,000 shares of Class A Stock under the Company's 1992 Stock Incentive Plan, and held options to acquire 150,000 shares of Class A Stock granted to him by SHI. (Mr. McKibben has granted a proxy to SHI to vote all shares of Class A Stock owned by him on any matter submitted to stockholders of the Company in 1997. If he acquires any shares upon exercise of outstanding stock options or otherwise during 1997, such shares would be subject to such proxy.) In addition, Mr. McKibben serves as co-administrator of the Ampex Retirement Master Trust (the "Ampex Trust") and the Buffalo Color Master Trust (the "Buffalo Color Trust"), which hold 2,407,480 and 296,935 shares of Class A Stock, respectively, as to which Mr. McKibben may be deemed to share investment power. Accordingly, Mr. McKibben is deemed to be the beneficial owner of 3,282,071 shares of Class A Stock, representing approximately 7.2% of the Class A Stock of the Company. (vii) Mr. Bramson owned directly 2,359,910 shares of Class A Stock, and held vested options to acquire an aggregate of 2,500 shares of Class A Stock under the Company's 1992 Stock Incentive Plan. Mr. Bramson is also deemed beneficially to own 2,920,545 shares of Class A Stock owned or controlled by the other Filing Parties named herein, and 219,656 shares covered by the above-mentioned proxy. In addition, Mr. Bramson serves as co-administrator of the Ampex Retirement Trust, which holds 2,407,480 Class A Stock, as to which Mr. Bramson may be deemed to share investment power. Accordingly, Mr. Bramson is deemed to be the beneficial owner of an aggregate of 7,910,091 shares, representing approximately 17.4% of the outstanding Class A Stock of the Company. (viii) The Filing Parties named herein, collectively, may comprise a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, and as a group beneficially own all of the shares owned or controlled by each of the Filing Parties, representing an aggregate of 8,207,026 shares, or approximately 18%, of the outstanding Class A Stock of the Company. (b) No change. (c) Except as disclosed in Annex A hereto, none of the Filing Parties has effected any transactions in shares of Class A Stock since the filing of the most recent amendment to the Schedule 13D, dated March 31, 1997. (d) No change. (e) Not Applicable. (f) The filing of this Statement shall not be construed as an admission by any Filing Party that it is, for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934 or for any other purpose, the beneficial owner of any securities covered by this statement. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. No change. Item 7. Material Filed as Exhibits. Not applicable. Page 11 of 15 Pages 414618.6 After reasonable inquiry and to the best of its knowledge, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: May 31, 1997 SH SECURITIES CO., LLC By: /s/ Edward J. Bramson --------------------- Name: Edward J. Bramson Title: Managing Member SHERBORNE INVESTMENTS CORPORATION By: /s/ Edward J. Bramson --------------------- Name: Edward J. Bramson Title: President SHERBORNE HOLDINGS INCORPORATED By: /s/ Craig L. McKibben --------------------- Name: Craig L. McKibben Title: Vice President NEWHILL PARTNERS, L.P., by its general partner, Sherborne & Company Incorporated By: /s/ Edward J. Bramson --------------------- Name: Edward J. Bramson Title: President SHERBORNE & COMPANY INCORPORATED By: /s/ Craig L. McKibben --------------------- Name: Craig L. McKibben Title: Vice President Page 12 of 15 Pages 414618.6 /s/ Craig L. McKibben --------------------- Craig L. McKibben /s/ Edward J. Bramson --------------------- Edward J. Bramson Page 13 of 15 Pages 414618.6 Annex A to Amendment No. 10 to Schedule 13D Description of Transactions in Class A Stock of Ampex Corporation
Name of Filing Party Date of Sale Number of Shares Price Per Share -------------------- ------------------- ---------------- --------------- Sherborne Investments 5/12/97 6,000 $5.875 Corporation 5/19/97 10,000 5.875 5/20/97 4,000 5.75 2,000 5.875 5,000 5.812 5/21/97 2,000 6.375 11,000 6.50 5/30/97 10,000 6.50 Sherborne Holdings 5/8/97 10,000 5.6875 Incorporated Sherborne & Company 5/21/97 10,000 6.437 Incorporated 5/22/97 2,500 6.25 7,500 6.375 5/23/97 15,000 6.25 5/27/97 3,000 6.25 5,000 6.187 7,000 6.125 5/28/97 10,000 6.687 15,000 6.50 5/29/97 5,000 6.687 15,000 6.625 5,000 6.75 5/30/97 2,500 6.437 12,500 6.375 Page 14 of 15 Pages
414618.6
ANNEX A (cont'd) Name of Filing Party Date of Sale Number of Shares Price Per Share -------------------- ------------------- ---------------- --------------- Edward J. Bramson 5/2/97 5,000 5.5625 5/6/97 5,000 6.375 5/7/97 5,000 5.9375 5/9/97 5,000 5.9375 5/12/97 5,000 5.75 5/13/97 5,000 5.8125 5/14/97 5,000 5.8125 5/15/97 5,000 5.6875 5/16/97 5,000 5.6875 5/20/97 5,000 5.8125
All of the foregoing transactions were effected in brokerage transactions on the American Stock Exchange. Page 15 of 15 Pages 414618.6 -----END PRIVACY-ENHANCED MESSAGE-----