-----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, JD+CUYzLxQh+SZjz+der7224GvOArXEdvuv+BasnnXpSIhP/QGvB1fiTxYTckTBm osQ1Dx53qFK/oVSk3HBnNQ== 0000912057-02-009473.txt : 20020415 0000912057-02-009473.hdr.sgml : 20020415 ACCESSION NUMBER: 0000912057-02-009473 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020312 GROUP MEMBERS: DENNIS R. ASCHER GROUP MEMBERS: FIT GP, LLC GROUP MEMBERS: FOOTHILL INCOME TRUST, L.P. GROUP MEMBERS: FOOTHILL PARTNERS III, L.P. GROUP MEMBERS: FOOTHILL PARTNERS IV, L.P. GROUP MEMBERS: FP IV GP, LLC GROUP MEMBERS: JEFFREY T. NIKORA FAMILY TRUST GROUP MEMBERS: JOHN F. NICKOLL LIVING TRUST GROUP MEMBERS: STEARNS FAMILY TRUST 2001 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUN HEALTHCARE GROUP INC CENTRAL INDEX KEY: 0000904978 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SKILLED NURSING CARE FACILITIES [8051] IRS NUMBER: 850410612 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46492 FILM NUMBER: 02572887 BUSINESS ADDRESS: STREET 1: 101 SUN AVENUE N E CITY: ALBUQUERQUE STATE: NM ZIP: 87109 BUSINESS PHONE: 5058213355 MAIL ADDRESS: STREET 1: 101 SUN LANE N E CITY: ALBUQERQUE STATE: NM ZIP: 87109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FOOTHILL GROUP INC CENTRAL INDEX KEY: 0000037941 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 941663353 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 11111 SANTA MONICA BLVD STREET 2: SUITE 1500 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 3109967000 FORMER COMPANY: FORMER CONFORMED NAME: ROLAMITE INC DATE OF NAME CHANGE: 19720501 FORMER COMPANY: FORMER CONFORMED NAME: ROLAMITE TECHNOLOGY INC DATE OF NAME CHANGE: 19710408 SC 13G 1 a2072858zsc13g.htm SCHEDULE 13G
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)

Sun Healthcare Group, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

866933401
(CUSIP Number)

February 28, 2002
(Date of Event Which Requires Filing of this Statement)

Check the following box to designate the rule pursuant to which the Schedule is filed:

o        Rule 13d-1(b)

ý        Rule 13d-1(c)

o        Rule 13d-1(d)




SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
The Foothill Group, Inc.


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    873,239 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    873,239 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
873,239 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.73%


12.

 

TYPE OF REPORTING PERSON
    CO

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 2 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Foothill Partners III, L.P.


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    550,046 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    550,046 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
550,046 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.50%


12.

 

TYPE OF REPORTING PERSON
    PN

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 3 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Stearns Family Trust 2001


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
California

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    873,239 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    873,239 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
873,239 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.73%


12.

 

TYPE OF REPORTING PERSON
    IN

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 4 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Dennis R. Ascher


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
California

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    873,239 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    873,239 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
873,239 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.73%


12.

 

TYPE OF REPORTING PERSON
    IN

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 5 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Jeffrey T. Nikora Family Trust


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
California

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    873,239 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    873,239 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
873,239 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.73%


12.

 

TYPE OF REPORTING PERSON
    OO

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 6 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
John F. Nickoll Living Trust


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
California

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    873,239 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    873,239 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
873,239 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.73%


12.

 

TYPE OF REPORTING PERSON
    OO

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 7 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Foothill Income Trust, L.P.


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    213,089
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    213,089

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,089


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.13%


12.

 

TYPE OF REPORTING PERSON
    PN

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 8 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FIT GP, LLC


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    213,089 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    213,089 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,089 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.13%


12.

 

TYPE OF REPORTING PERSON
    OO

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 9 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Foothill Partners IV, L.P.


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    110,104 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    110,104 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
110,104 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.10%


12.

 

TYPE OF REPORTING PERSON
    PN

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 10 of 16 pages


SCHEDULE 13G

CUSIP No. 866933401



1.

 

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FP IV GP, LLC


2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3.

 

SEC USE ONLY


4.

 

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF   5.   SOLE VOTING POWER    -0-
SHARES  
BENEFICIALLY   6.   SHARED VOTING POWER    110,104 (See Items 2 and 4)
OWNED BY EACH  
REPORTING   7.   SOLE DISPOSITIVE POWER    -0-
PERSON WITH  
    8.   SHARED DISPOSITIVE POWER    110,104 (See Items 2 and 4)

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
110,104 (See Items 2 and 4)


10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    o


11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.10%


12.

 

TYPE OF REPORTING PERSON
    OO

*SEE INSTRUCTIONS BEFORE FILLING OUR!

Page 11 of 16 pages


Item 1.      
  Sun Healthcare Group, Inc.
101 Sun Avenue, N.E.
Albuquerque, New Mexico 87109

Item 2.

 

 

 
  This Schedule 13G is filed on behalf of (i) Foothill Partners III, L.P., a Delaware limited partnership ("Partners III"), Foothill Partners IV, L.P., a Delaware limited partnership ("Partners IV), FP IV GP, LLC, a Delaware limited liability company ("FP IV"), Foothill Income Trust, L.P., a Delaware limited partnership ("Foothill Trust"), FIT GP, LLC, a Delaware limited liability company ("FIT") and (ii) The Foothill Group, Inc., a Delaware corporation, Stearns Family Trust 2001, Dennis R. Ascher, Jeffrey T. Nikora Living Trust, and John F. Nickoll Living Trust (collectively, the "Managing Partners/Members"). Partners III, Partners IV, FP IV, Foothill Trust, FIT, and the Managing Partners/Members are collectively referred to as the "Filing Persons".

 

FIT is the general partner of Foothill Trust. The Managing Partner/Member are the managing members of FIT. FP IV is the general partner of Partners IV. The Managing Partners/Members are the managing members of FP IV. The Managing Partners/Members are the general partners of Partners III.

 

Under the definition of "beneficial owner" provided in Rule 13d-3 of the Exchange Act, a person may be deemed to beneficially own the shares of Common Stock of another entity if such person shares the voting and dispositive power with respect to shares of Common Stock held by such entity. Accordingly, (i) FP IV may be deemed to beneficially own the shares of Common Stock held by Partners IV, as its general partner, and the Managing Partners/Members may be deemed to beneficially own the shares of Common Stock held Partners IV, as the managing members of FP IV, (ii) FIT may be deemed to beneficially own the shares of Common Stock held by Foothill Trust, as its general partner, and Managing Partners/Members may be deemed to beneficially own the shares of Common Stock held by Foothill Trust, as the managing members of FIT, (iii) Managing Partners/Members may be deemed to beneficially own the shares of Common Stock held by Partners III, as the general partners of Partners III.

 

The Filing Persons have a beneficial interest in all or part of 873,239 shares of Common Stock. The shares were acquired pursuant a Plan of Reorganization entered under the Bankruptcy Act (the "Plan") and completed by Sun Healthcare Group, Inc. (the "Company") on February 28, 2002. This Schedule 13G assumes the Company has issued and outstanding 10,000,000 shares. However, it should be noted that a portion of these shares have not been issued, but under the terms of the Plan such shares will be issued within the next six months.

 

(a)

Foothill Partners III, L.P.
    Foothill Partner's IV, LP
FP IV GP, LLC
Foothill Income Trust, L.P.
FIT GP, LLC
The Foothill Group, Inc.
Stearns Family Trust 2001
Dennis R. Ascher
John F. Nickoll Living Trust
Jeffery T. Nikora Family Trust

 

(b)

2450 Colorado Avenue
    Suite 3000W
Santa Monica, California 900429

Page 12 of 16 pages



 

(c)

United States

 

(d)

Common Stock

 

(e)

866933401

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

(a)

o

Broker or dealer registered under Section 15 of the Exchange Act.
  (b) o Bank as defined in Section 3(a)(6) of the Exchange Act.
  (c) o Insurance company as defined in Section 3(a)(19) of the Exchange Act.
  (d) o Investment company registered under Section 8 of the Investment Company Act.
  (e) o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
  (f) o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
  (g) o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
  (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
  (i) o A church plan that is excluded from the definition of an investment company under
      Section 3(c)(14) of the Investment Company Act.
  (j) o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.

Ownership

 

The ownership of the Filing Persons is as follows:

 

The Foothill Group, Inc.

 

A.

Amount Beneficially owned: 873,239
  B. Percent of class: 8.73%
  C. Number of shares as to which such person has:
    1. sole power to vote or to direct the vote: -0-
    2. shared power to vote or to direct to vote: 873,239
    3. sole power to vote or to direct to vote: -0-
    4. shared power to dispose or to direct the disposition of: 873,239

 

John F. Nickoll Living Trust
Dennis R. Ascher
Jeff Nikora Family Trust
Stearns Family Trust 2001

 

Each own as follows:

 

A.

Amount Beneficially owned: 873,239
  B. Percent of class: 8.73%
  C. Number of shares as to which such person has:
    1. sole power to vote or to direct the vote: -0-
    2. shared power to vote a direct to vote: 873,239
    3. sole power to vote or to direct to vote: -0-
    4. shared power to dispose or to direct the disposition of: 873,239

 

Foothill Partners III

 

A.

Amount Beneficiary owned: 550,046

Page 13 of 16 pages


  B. Percent of class: 5.50%
  C. Number of shares as to which such person has:
    1. sole power to vote or to direct the vote: -0-
    2. shared power to vote a direct to vote: 550,046
    3. sole power to vote or to direct to vote: -0-
    4. shared power to dispose or to direct the disposition of: 550,046

 

Foothill Partners IV and FP IV

 

A.

Amount Beneficially owned: 110,104
  B. Percent of class: 1.10%
  C. Number of shares as to which such person has:
    1. sole power to vote or to direct the vote: -0-
    2. shared power to vote a direct to vote: 110,104
    3. sole power to vote or to direct to vote: -0-
    4. shared power to dispose or to direct the disposition of: 110,104

 

Foothill Trust and FIT

 

A.

Amount Beneficially owned: 213,089
  B. Percent of Class: 2.13%
  C. Number of shares as to which such person has:
    1. sole power to vote or to direct the vote: -0-
    2. shared power to vote or to direct the vote: 213,089
    3. sole power to vote or to direct to vote: -0-
    4. shared power to dispose or to direct the disposition of: 213,089

Item 5.

Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following    / /

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

Not Applicable

Item 8.

Identification and Classification of Members of the Group

 

Not Applicable

Item 9.

Notice of Dissolution of Group

 

Not Applicable

Item 10.

Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect.

Page 14 of 16 pages



SIGNATURE

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: March 4, 2002

  THE FOOTHILL GROUP, INC.

 

By:

/s/  
M.E. STEARNS      
  Name: M.E. Stearns
  Title: Senior Vice President

 

FOOTHILL PARTNERS IV, L.P.,
a Delaware limited partnership

 

By:

FP IV GP, LLC
  Its: General Partner

 

 

By:

/s/  
M.E. STEARNS      
    Name: M.E. Stearns
    Title: Managing Member

 

FP IV GP, LLC

 

By:

/s/  
M.E. STEARNS      
  Name: M.E. Stearns
  Title: Managing Member

Page 15 of 16 pages



 

FOOTHILL INCOME TRUST, L.P.,
a Delaware limited partnership

 

By:

FIT GP, LLC
  Its: General Partner

 

 

By:

/s/  
M.E. STEARNS      
    Name: M.E. Stearns
    Title: Managing Member

 

FIT GP, LLC

 

By:

/s/  
M.E. STEARNS      
  Name: M.E. Stearns
  Title: Managing Member

 

FOOTHILL PARTNERS III, L.P.,
a Delaware limited partnership

 

By:

/s/  
M.E. STEARNS      
  Its: General Partner

 

STEARNS FAMILY TRUST 2001

 

By:

/s/  
M. EDWARD STEARNS      
  Name: M. Edward Stearns
  Title: Trustee

 

DENNIS R. ASCHER

 

By:

/s/  
DENNIS R. ASCHER      
  Name: Dennis R. Ascher

 

JOHN F. NICKOLL LIVING TRUST

 

By:

/s/  
JOHN F. NICKOLL      
  Name: John F. Nickoll
  Title: Trustee

 

JEFFREY T. NIKORA FAMILY TRUST

 

By:

/s/  
JEFFERY T. NIKORA      
  Name: Jeffery T. Nikora
  Title: Trustee

Page 16 of 16 pages




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