-----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, A0+p5CWOlA9GAiXbmf+CsZNgwvxs8i5oBQ0W6/QTce8XFDeshTsN6IY5cai15uHk OWtwoc/FkTd16GiBrhisbQ== 0000932799-98-000031.txt : 19980224 0000932799-98-000031.hdr.sgml : 19980224 ACCESSION NUMBER: 0000932799-98-000031 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980223 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RV HOLDINGS INC CENTRAL INDEX KEY: 0000910655 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR HOMES [3716] IRS NUMBER: 330371079 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51137 FILM NUMBER: 98547581 BUSINESS ADDRESS: STREET 1: 3411 N PERRIS BLVD CITY: PERRIS STATE: CA ZIP: 92571 BUSINESS PHONE: 9099436007 MAIL ADDRESS: STREET 1: 3411 N PERRIS BLVD CITY: PERRIS STATE: CA ZIP: 92571 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SC FUNDAMENTAL INC CENTRAL INDEX KEY: 0000919094 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133563937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 712 5TH AVE 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2129573500 MAIL ADDRESS: STREET 1: 712 5TH AVENUE 19TH FL STREET 2: 712 5TH AVENUE 19TH FL CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 9) NATIONAL R.V. HOLDINGS, INC. (Name of Issuer) Common Stock par value $0.01 (Title of Class of Securities) 637277104 (CUSIP Number) Stephen M. Davis, Esq. Werbel & Carnelutti A Professional Corporation 711 Fifth Avenue, New York, New York 10022, (212) 832-8300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 10, 1998 (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 13-d- 1(b)(3) or (4), check the following box [ ]. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 41 Pages SCHEDULE 13D - ------------------- ------------------ CUSIP No. 637277104 Page 2 of 41 Pages - ------------------- ------------------ ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gary N. Siegler - ---------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ---------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------- 4 SOURCE OF FUNDS PF, 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 - ---------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ---------------------------------------------------------------- 7 SOLE VOTING POWER 609,330 (Includes 313,750 options) - ---------------------------------------------------------------- 8 SHARED VOTING POWER 1,017,668 - ---------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 609,330 (Includes 313,750 options) - ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,017,668 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,626,998 (Includes 313,750 options) - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 24.8% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 3 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter M. Collery - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS PF, 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 - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 108,000 (includes 82,500 underlying options) - ----------------------------------------------------------------- 8 SHARED VOTING POWER 970,963 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 108,000 (includes 82,500 underlying options) - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 970,963 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,078,963 (includes 82,500 underlying options) - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.0% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 4 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Arena-NRV Investors, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 57,408 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 57,408 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 57,408 - ----------------------------------------------------------------- 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 PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 5 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The SC Fundamental Value Fund, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC, 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 404,383 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 404,383 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 404,383 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.5% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 6 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Value BVI, Inc. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ---------------------------------------------------------------- 8 SHARED VOTING POWER 197,411 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 197,411 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 197,411 - ----------------------------------------------------------------- 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 CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 7 of 41 Pages - ------------------- ------------------ ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Inc. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 404,383 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 404,383 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 404,383 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.5% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 8 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Siegler, Collery & Co. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 223,832 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 223,832 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 223,832 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.6% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 9 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Siegler, Collery & Co. Employees' Savings and Profit Sharing Plan - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 19,345 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 19,345 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,345 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON EP ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 10 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON R.V. Dolphin Partners, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 58,017 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 58,017 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 58,017 - ----------------------------------------------------------------- 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 PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 11 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dolphin Partners II, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 10,567 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 10,567 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,567 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - ---------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 12 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Insight Investors, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 96,771 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 96,771 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 96,771 - ----------------------------------------------------------------- 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 PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 13 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Motorhome Partners, L.P. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 6,790 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,790 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,790 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 14 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC-BVI Partners - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 197,411 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 197,411 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 197,411 - ----------------------------------------------------------------- 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 PN ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 15 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Value BVI, Ltd. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC, 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 British Virgin Islands - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 197,411 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 197,411 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 197,411 - ----------------------------------------------------------------- 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 CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 16 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental, LLC - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 New York - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 404,383 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 404,383 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 404,383 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.5% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 17 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Gary N. Siegler Foundation - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 New York - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 46,705 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 46,705 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 46,705 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 18 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC-Dolphin, Inc. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 68,584 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,584 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,584 - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 19 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Arena Capital Corp. - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 Delaware - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------- 8 SHARED VOTING POWER 57,408 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 57,408 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 57,408 - ----------------------------------------------------------------- 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 CO ================================================================= SCHEDULE 13D - ------------------- ----------------- CUSIP No. 637277104 Page 20 of 41 Pages - ------------------- ----------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Neil H. Koffler - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS WC, 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 - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 60,028 (Includes 56,250 options) - ----------------------------------------------------------------- 8 SHARED VOTING POWER 601,794 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 60,028 (Includes 56,250 options) - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 601,794 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 661,822 (Includes 56,250 options) - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.5% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D - ---------------------- -------------------- CUSIP No. 6372771104 Page 21 of 41 Pages - ---------------------- -------------------- ================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Curtis G. Macnguyen - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 SOURCE OF FUNDS 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 - ----------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------- 7 SOLE VOTING POWER 7,500 (constitutes 7,500 shares underlying options.) - ----------------------------------------------------------------- 8 SHARED VOTING POWER 601,794 - ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 7,500 (constitutes 7,500 shares underlying options.) - ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 601,794 - ----------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 609,294 (constitutes 7,500 shares underlying options.) - ----------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ================================================================= Page 22 of 41 Pages AMENDMENT NO. 9 TO THE SCHEDULE 13D This statement constitutes Amendment No. 9 to the Schedule 13D relating to the Common Stock, par value $0.01 per share ("Common Stock"), of National R.V. Holdings, Inc. (the "Issuer") filed by SC Fundamental Inc. ("SC"), The SC Fundamental Value Fund, L.P. ("Fund"), SC Fundamental Value BVI, Inc. ("BVI Inc."), Gary N. Siegler ("Siegler"), Peter M. Collery ("Collery"), Siegler, Collery & Co ("SCC"), Siegler, Collery & Co. Employees' Savings and Profit Sharing Plan ("Employee Plan"), R.V. Dolphin Partners, L.P. ("R.V.-Dolphin"), Dolphin Partners II, L.P. ("Dolphin II"), Insight Investors, L.P. ("Insight"), Arena-NRV Investors, L.P. ("Arena") and Motorhome Partners, L.P. ("Motorhome"), and adds The Gary N. Siegler Foundation ("Foundation"), Arena Capital Corp. ("Capital"), SC-Dolphin, Inc. ("Dolphin"), SC Fundamental, LLC ("SCFLLC"), SC Fundamental Value BVI, Ltd. ("BVI Fund"), SC-BVI Partners, Neil H. Koffler ("Koffler") and Curtis G. Macnguyen ("Macnguyen") as members of a joint filing group with the foregoing persons (collectively, the "Reporting Persons"). Item 2. Identity and Background. SCFLLC is a New York limited liability company and, effective as of January 1, 1998, became the general partner of Fund. The principal business of SCFLLC is serving in such capacity and investing in securities. The business address of SCFLLC is 10 East 50th Street, New York, New York 10022. During the last five years, neither SCFLLC nor any of its members has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The name, position and business address of each member of SCFLLC is set forth on Exhibit B attached hereto. BVI Fund is a British Virgin Islands Company. The principal business of BVI Fund is investing in securities. The business address of BVI Fund is c/o Citco Fund Services (Cayman Islands) Ltd., Corporate Center, West Bay Road, Grand Cayman, Cayman Islands. During the last five years, neither BVI Fund nor any of its directors or officers has been (i) convicted in a criminal proceeding (excluding traffic violations or similar Page 23 of 41 Pages misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The name, position, business address and citizenship of the directors and executive officers of BVI Fund are set forth on Exhibit B hereto. SC-BVI Partners is a Delaware general partnership. The principal business of SC-BVI Partners is serving as the investment manager of BVI Fund and investing in securities. The business address of SC-BVI Partners is 10 East 50th Street, New York, New York 10022. During the last five years, neither SC-BVI Partners nor any of its general partners has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The name, position and business address of the general partners of SC-BVI Partners are set forth on Exhibit B hereto. Foundation is a Delaware not-for-profit corporation. The business address of Foundation is 10 East 50th Street, New York, New York 10022. During the last five years, neither Foundation nor any of its directors or officers has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The name, position, business address and citizenship of the sole director and executive officer of Foundation is set forth on Exhibit B attached hereto. Capital is a Delaware corporation and the principal business of Capital is serving as general partner of Arena. The business address of Capital is 10 East 50th Street, New York, New York 10022. During the last five years, neither Capital nor any of its directors or officers has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or Page 24 of 41 Pages final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Dolphin is a Delaware corporation and the principal business of Dolphin is serving as general partner of R.V.-Dolphin and Dolphin II. The business address of Dolphin is 10 East 50th Street, New York, New York 10022. During the last five years, neither Dolphin nor any of its directors or officers has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Koffler is a citizen of the United States having a business address at c/o SC Fundamental, LLC, 10 East 50th Street, New York, New York 10022. The principal occupation of Koffler is acting as an employee member of SCFLLC and as Vice President, Treasurer and Secretary of 712 Advisory Services, Inc. Koffler also serves as a director of the Issuer. During the last five years, Koffler has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to 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. Macnguyen is a citizen of the United States having a business address at c/o SC Fundamental, LLC, 712 Fifth Avenue, New York, New York 10019. The principal occupation of Macnguyen is acting as an employee member of SCFLLC. During the last five years, Macnguyen has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to 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. Page 25 of 41 Pages Item 3. Source and Amount of Funds of Other Consideration As of January 1, 1998, SCFLLC became the substitute general partner of Fund in place of SC and, as a consequence, became a beneficial owner of the shares of Common Stock beneficially owned by SC without the payment of any consideration. SC, as a corporate member and manager of SCFLLC, continues as a beneficial owner of such shares. As described in Item 5 hereof, both SCFLLC and SC are affiliates of Siegler and Collery. As of January 1, 1998, Koffler and Macnguyen became members of SCFLLC and executed a binding term sheet relating to the restructuring of the ownership of the entities which control BVI Fund. Foundation received as charitable donations from Siegler 26,644 shares and 20,061 shares of Common Stock on December 23, 1997 and May 30, 1997, respectively. On December 23, 1997, Siegler also made a charitable donation of 8,500 shares of Common Stock to an unaffiliated charitable organization. Koffler owns directly 3,778 shares of Common Stock. Koffler also received options to purchase an aggregate of 56,250 shares of Common Stock from the Issuer as compensation for services as a director of the Issuer, as follows: options to purchase 7,500 shares at $4.00 per share on September 20, 1993, options to purchase 7,500 shares at $6.92 per share on November 29, 1993, options to purchase 3,750 shares at $5.00 per share on December 30, 1994, options to purchase 15,000 shares at $5.625 per share on September 28, 1995 and options to purchase 22,500 shares at $14.00 per share on October 2, 1996. On November 29, 1993, as consideration for services rendered to the issuer, the Issuer granted to Macnguyen options to purchase an aggregate of 7,500 shares of Common Stock at $6.92 per share. Item 5. Interest in Securities of the Issuer (a) As of the close of business on February 10, 1998, the Reporting Persons, by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to own beneficially in the aggregate the number and percentage of the Issuer's Common Stock set forth opposite their names below (based upon 6,254,133 Shares that were reported to be outstanding in the Issuer's Form 10-Q as of September 30, 1997). Page 26 of 41 Pages
================================================================= Shares of Name Common Stock Percentage - ----------------------------------------------------------------- SC Fundamental Inc. 404,383 6.5% - ----------------------------------------------------------------- The SC Fundamental Value Fund, L.P. 404,383 6.5% - ----------------------------------------------------------------- SC Fundamental Value BVI, Inc. 197,411 3.2% - ----------------------------------------------------------------- Gary N. Siegler (1) 1,626,998 24.8% - ----------------------------------------------------------------- Peter M. Collery (2) 1,078,963 17.0% - ----------------------------------------------------------------- Arena-NRV Investors, L.P. 57,408 0.9% - ----------------------------------------------------------------- Arena Capital Corp. 57,408 0.9% - ----------------------------------------------------------------- Dolphin Partners II, L.P. 10,567 0.2% - ----------------------------------------------------------------- Motorhome Partners, L.P. 6,790 0.1% - ----------------------------------------------------------------- Insight Investors, L.P. 96,771 1.5% - ----------------------------------------------------------------- R.V. Dolphin Partners, L.P. 58,017 0.9% - ----------------------------------------------------------------- Siegler, Collery & Co. 223,832 3.6% - ----------------------------------------------------------------- Siegler, Collery & Co. Employee's Savings and Profit Sharing Plan 19,345 0.3% - ----------------------------------------------------------------- SC-BVI Partners 197,411 3.2% - ----------------------------------------------------------------- SC Fundamental Value BVI, Ltd. 197,411 3.2% - ----------------------------------------------------------------- SC Fundamental, LLC 404,383 6.5% - ----------------------------------------------------------------- The Gary N. Siegler Foundation 46,705 0.7% - ----------------------------------------------------------------- SC-Dolphin, Inc. 68,584 1.1% - ----------------------------------------------------------------- Neil H. Koffler(3) 661,822 10.5% - ----------------------------------------------------------------- Curtis G. Macnguyen 609,294 9.7% ================================================================= - ------------
Page 27 of 41 Pages - --------------------- (1) Includes 313,750 shares underlying options. (2) Includes 82,500 shares underlying options. (3) Includes 56,250 shares underlying options. (b) Siegler and Collery, by virtue of their status as principal members of SCFLLC, the general partner of Fund, and as the controlling stockholders, directors and executive officers of SC, the corporate member and manager of SCFLLC, may be deemed to share with Fund, SCFLLC and SC the power to vote or direct the vote and to dispose or to direct the disposition of shares of Common Stock of which Fund is the direct beneficial owner. Koffler and Macnguyen, by virtue of their status as employee members of SCFLLC, the general partner of Fund, may be deemed to share with Fund and SCFLLC the power to vote or direct the vote and to dispose or to direct the disposition of shares of Common Stock of which Fund is the direct beneficial owner. Siegler and Collery, by virtue of their status as controlling stockholders, directors and executive officers of BVI Inc., the managing general partner of SC-BVI Partners, which is the investment manager of BVI Fund, may be deemed to share with BVI Inc., SC-BVI Partners and BVI Fund the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock of which BVI Fund is the direct beneficial owner. Koffler and Macnguyen, by virtue of their execution of a binding term sheet relating to the restructuring of the ownership of the entities which control BVI Fund, may be deemed to share with BVI Fund the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock of which BVI Fund is the direct beneficial owner. Because BVI Fund and SC-BVI Partners could be deemed to share with BVI Inc. the power to vote or direct the vote and the power to dispose or direct the disposition of such shares of Common Stock (and as to which BVI Inc. exercises such power), BVI Fund and SC-BVI Partners have been added as Reporting Persons. Siegler and Collery, by virtue of their status as controlling stockholders, directors and executive officers of Dolphin, the general partner of R.V.-Dolphin and Dolphin II, may be deemed to share with Dolphin, R.V.-Dolphin and Dolphin II the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock of which each of R.V.- Dolphin and Dolphin II is the direct beneficial owner. Siegler and Collery, by virtue of their status as controlling stockholders, directors and executive officers of Capital, the general partner of Arena, may be deemed to share with Capital and Arena the power to vote or direct the vote and Page 28 of 41 Pages to dispose or direct the disposition of shares of Common Stock of which Arena is the direct beneficial owner. Siegler and Collery, by virtue of their status as controlling stockholders, directors and executive officers of SCC, the general partner of each of Motorhome and Insight, may be deemed to share with SCC, Motorhome and Insight the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock of which each of SCC, Motorhome and Insight is the direct beneficial owner. Siegler and Collery, by virtue of their status as trustees of the Employee Plan, may be deemed to share with Employee Plan the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock of which Employee Plan is the direct beneficial owner. Siegler, by virtue of his status as the sole director and officer of Foundation, may be deemed to share with Foundation the power to vote or direct the vote and to dispose or to direct the disposition of shares of Common Stock of which Foundation is the direct beneficial owner. Siegler has the sole power to vote or direct the vote and to dispose or to direct the disposition of 609,330 shares of Common Stock of which he is the direct beneficial owner. Collery has the sole power to vote or direct the vote and to dispose or to direct the disposition of 108,000 shares of Common Stock of which he is the direct beneficial owner. Koffler has the sole power to vote or direct the vote and to dispose or to direct the disposition of 60,028 shares of Common Stock of which he is the direct beneficial owner. Macnguyen has the sole power to vote or direct the vote and to dispose or to direct the disposition of 7,500 shares of Common Stock of which he is the direct beneficial owner. (c) The following table sets forth the transactions effected by each of the Reporting Persons listed in Item 5(a) during the past sixty days. Unless otherwise noted, each of the transactions set forth below reflects a sale effected on the Nasdaq National Market. Page 29 of 41 Pages
================================================================= BVI, Inc. Trade Price Per on behalf Employee Date Share ($) Fund of BVI Ltd. Siegler Plan - ----------------------------------------------------------------- 12/23/97 0 0 0 35,144(1) - ----------------------------------------------------------------- 02/04/98 42.563 12,450 6,455 0 995 - ----------------------------------------------------------------- 02/05/98 38.321 21,890 11,360 0 1750 - ----------------------------------------------------------------- 02/06/98 37.281 820 780 0 0 - ----------------------------------------------------------------- 02/09/98 37.739 560 540 0 0 - ----------------------------------------------------------------- 02/10/98 37.375 12,750 12,250 0 500 - ----------------------------------------------------------------- 02/13/98 34.750 8,640 4,360 0 0 - ----------------------------------------------------------------- 02/13/98 34.432 17,735 8,955 0 810 - ----------------------------------------------------------------- 02/17/98 34.592 9,080 8,720 0 0 - ----------------------------------------------------------------- 02/17/98 34.563 5,310 5,110 0 580 - ----------------------------------------------------------------- 02/18/98 34.125 960 640 0 0 ================================================================= - ------------
(1) Siegler donated 26,644 shares to Foundation and 8,500 shares to American Friends of College Rabbinique de Montreal, an unaffiliated charitable organization. As described in Item 3 above, as of January 1, 1998, SCFLLC became a beneficial owner of the shares of Common Stock reported as beneficially owned by SC by virtue of SCFLLC becoming the general partner of Fund in substitution for SC. SC, as a corporate member and manager of SCFLLC, continues to be a beneficial owner of such shares. Page 30 of 41 Pages As described in Item 3 above, as of January 1, 1998, Koffler and Macnguyen became members of SCFLLC and executed a binding term sheet relating to the restructuring of the ownership of the entities which control BVI Fund. Item 7. Materials to be Filed as Exhibits. Exhibit A - Joint Filing Agreement dated February 20, 1998 among the Reporting Persons. Exhibit B - List of officers and directors for SC Fundamental, LLC, SC Fundamental BVI, Ltd., SC-BVI Partners and The Gary N. Siegler Foundation. EXHIBIT INDEX Exhibit Description A Joint Filing Agreement dated February 20, 1998 among the Reporting Persons B List of officers and directors of SC Fundamental LLC, SC Fundamental BVI, Ltd., SC-BVI Partners and The Gary N. Siegler Foundation Page 31 of 41 Pages After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: February 20, 1998 SC FUNDAMENTAL INC. R.V. DOLPHIN PARTNERS, L.P. By: SC - DOLPHIN INC., as General Partner By: By: - --------------------------- ------------------------- Neil H. Koffler as Attorney- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery in-Fact for Peter M. Collery Vice President(1) Vice President(1) THE SC FUNDAMENTAL VALUE FUND, INSIGHT INVESTORS, L.P. L.P. By: SIEGLER, COLLERY & CO., as General Partner By: SC FUNDAMENTAL, LLC., as General Partner --------------------------- By: Neil H. Koffler as Attorney- in-Fact for Peter M. Collery - --------------------------- Vice President (1) Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL VALUE BVI, INC. DOLPHIN PARTNERS II, L.P. By: SC-DOLPHIN, INC., as General Partner By: - --------------------------- By: Neil H. Koffler as Attorney- --------------------------- in-Fact for Peter M. Collery Neil H. Koffler as Attorney- Vice President(1) in-Fact for Peter M. Collery Vice President(1) Page 32 of 41 Pages SIEGLER, COLLERY & CO. - --------------------------- EMPLOYEES SAVINGS AND Neil H. Koffler as Attorney- PROFIT SHARING PLAN in-Fact for Gary N. Siegler(1) By: --------------------------- Neil H. Koffler as Attorney - --------------------------- in-Fact for Peter M. Neil H. Koffler as Attorney- Collery, Vice President(1) in-Fact for Peter M. Collery(1) ARENA-NRV INVESTORS, L.P. By: ARENA CAPITAL CORP., as General Partner By: By: - ---------------------------- --------------------------- Neil H. Koffler as Attorney- Curtis G. Macnguyen in-Fact for Peter M. Collery Vice President(1) MOTORHOME PARTNERS, L.P. By: SIEGLER, COLLERY & CO., as General Partner By: - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SIEGLER, COLLERY & CO. By: - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 33 of 41 Pages SC FUNDAMENTAL, LLC THE GARY N. SIEGLER FOUNDATION By: SC FUNDAMENTAL INC., By: as Manager ------------------------- Neil H. Koffler, as By: Attorney-in-Fact for - ----------------------------- Gary N. Siegler Neil H. Koffler as Attorney- President(1) in-Fact for Peter M. Collery Vice President(1) ARENA CAPITAL CORP. SC-BVI PARTNERS By: SC FUNDAMENTAL VALUE BVI, INC., By: as Managing General Partner ------------------------- Neil H. Koffler as By: Attorney-in-Fact for - ---------------------------- Peter M. Collery Neil H. Koffler as Attorney- Vice President(1) in-Fact for Peter M. Collery Vice President(1) SC-DOLPHIN, INC. SC FUNDAMENTAL VALUE BVI, LTD. BY: SC FUNDAMENTAL VALUE BVI, INC., By: as Managing General Partner ------------------------- of Investment Manager Neil H. Koffler as Attorney-in-Fact for By: Peter M. Collery - ---------------------------- Vice President(1) Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) ------------------------ Neil H. Koffler (1) Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were filed as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities Corporation on August 4, 1995 and is hereby incorporated herein by reference. Page 31 of 41 Pages After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: February 20, 1998 SC FUNDAMENTAL INC. R.V. DOLPHIN PARTNERS, L.P. By: SC DOLPHIN, INC., as General Partner By: /s/ Peter M. Collery By: /s/ Peter M. Collery - ---------------------------- ------------------------- Neil H. Koffler as Attorney- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery in-Fact for Peter M. Collery Vice President(1) Vice President(1) THE SC FUNDAMENTAL VALUE FUND, INSIGHT INVESTORS, L.P. L.P. By: SIEGLER, COLLERY & CO., By: SC FUNDAMENTAL, LLC, as General Partner as General Partner By: /s/ Peter M. Collery By: /s/ Peter M. Collery ---------------------------- - --------------------------- Neil H. Koffler as Attorney- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery in-Fact for Peter M. Collery Vice President(1) Vice President(1) SC FUNDAMENTAL VALUE BVI, INC. DOLPHIN PARTNERS II, L.P. By: SC-DOLPHIN, INC., as General Partner By: /s/ Peter M. Collery By: /s/ Peter M. Collery - --------------------------- --------------------------- Neil H. Koffler as Attorney- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery in-Fact for Peter M. Collery Vice President(1) Vice President(1) /s/ Gary N. Siegler SIEGLER, COLLERY & CO. - --------------------------- EMPLOYEES SAVINGS AND Neil H. Koffler as Attorney- PROFIT SHARING PLAN in-Fact for Gary N. Siegler(1) By: /s/ Peter M. Collery ------------------------- /s/ Peter M. Collery Neil H. Koffler as Attorney - ---------------------------- in-Fact for Peter M. Neil H. Koffler as Attorney- Collery, Vice President(1) in-Fact for Peter M. Collery(1) Page 32 of 41 Pages ARENA-NRV INVESTORS, L.P. By: ARENA CAPITAL CORP., as General Partner By: /s/ Peter M. Collery - ----------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) MOTORHOME PARTNERS, L.P. By: SIEGLER, COLLERY & CO., as General Partner By: /s/ Peter M. Collery - ----------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SIEGLER, COLLERY & CO. By: /s/ Peter M. Collery By: /s/ Curtis G. Macnguyen - ----------------------------- ---------------------------- Neil H. Koffler as Attorney- Curtis G. Macnguyen in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL, LLC THE GARY N. SIEGLER FOUNDATION By: SC FUNDAMENTAL INC., By: /s/ Gary N. Siegler as Manager --------------------------- Neil H. Koffler, as By: /s/ Peter M. Collery Attorney-in-Fact for - -------------------------- Gary N. Siegler Neil H. Koffler as Attorney- President(1) in-Fact for Peter M. Collery Vice President(1) Page 33 of 41 Pages ARENA CAPITAL CORP. SC-BVI PARTNERS By: SC FUNDAMENTAL VALUE BVI, By: /s/ Peter M. Collery INC., as Managing General _________________________ Partner Neil H. Koffler as By: /s/ Peter M. Collery Attorney-in-Fact for Peter - ---------------------------- M. Collery Neil H. Koffler as Attorney- Vice President(1) in-Fact for Peter M. Collery Vice President(1) SC-DOLPHIN, INC. SC FUNDAMENTAL VALUE BVI, LTD. BY: SC FUNDAMENTAL VALUE By: /s/ Peter M. Collery BVI, INC., ------------------------- as Managing General Partner Neil H. Koffler as of Investment Manager Attorney-in-Fact for Peter M. Collery By: /s/ Peter M. Collery Vice President(1) - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) /s/ Neil H. Koffler ________________________ Neil H. Koffler (1) Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were filed as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities Corporation on August 4, 1995 and is hereby incorporated herein by reference. Page 34 of 41 Pages Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.01 per share, of Creative Computers, Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, hereby execute this Agreement this 20th day of February, 1998. Dated: February 20, 1998. SC FUNDAMENTAL INC. By: - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL, LLC, as General Partner By: - ----------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL VALUE BVI, INC. By: - ----------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 35 of 41 Pages - ------------------------------- Neil H. Koffler as Attorney-in- Fact for Gary N. Siegler(1) - ------------------------------- Neil H. Koffler as Attorney-in- Fact for Peter M. Collery(1) - ---------------------------- Neil H. Koffler R.V. DOLPHIN PARTNERS, L.P. By: SC-Dolphin, Inc., as General Partner By: - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) INSIGHT INVESTORS, L.P. By: Siegler, Collery & Co., as General Partner By: - --------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) DOLPHIN PARTNERS II, L.P. By: SC-Dolphin, Inc., as General Partner By: - ------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 36 of 41 Pages SIEGLER, COLLERY & CO. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN By: - ------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) ARENA-NRV INVESTORS, L.P. By: Arena Capital Corp., as General Partner By: - ------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) MOTORHOME PARTNERS, L.P. By: Siegler, Collery & Co., as General Partner By: - -------------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SIEGLER, COLLERY & CO. By: - ---------------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 37 of 41 Pages SC FUNDAMENTAL, LLC By: SC Fundamental Inc., as Manager By: - ------------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL VALUE BVI, LTD. SC-BVI PARTNERS By: SC Fundamental Value BVI, By: SC Fundamental Value BVI, Inc., as managing general Inc., as managing general partner of investment partner manager By: - ------------------------------ ----------------------------- Neil H. Koffler as Attorney-in- Neil H. Koffler as Attorney- Fact for Peter M. Collery, in-Fact for Peter M. Collery, Vice President(1) Vice President(1) THE GARY N. SIEGLER FOUNDATION SC-DOLPHIN, INC. By: By: - --------------------------- --------------------------- Neil H. Koffler, as Attorney- Neil H. Koffler, as Attorney- in-Fact for Gary N. Siegler in-Fact for Peter M. Collery President(1) Vice President(1) ARENA CAPITAL CORP. By: By: - ------------------------- ___________________________ Neil H. Koffler, as Attorney- Curtis G. Macnguyen in-Fact for Peter M. Collery Vice President(1) (1) Executed by Neil H. Koffler as Attorney-in-Fact for Peter M. Collery and Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were filed as Exhibit A to Amendment No. 5 to the Schedule 13D relating to the US Facilities Corporation on August 4, 1995 and are hereby incorporated herein by reference. Page 34 of 41 Pages Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.01 per share, of National R.V. Holdings, Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, hereby execute this Agreement this 20th day of February, 1998. Dated: February 20, 1998 SC FUNDAMENTAL INC. By: /s/ Peter M. Collery - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL, LLC, as General Partner By: /s/ Peter M. Collery - ------------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL VALUE BVI, INC. By: /s/ Peter M. Collery - ----------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) /s/ Gary N. Siegler - ----------------------------- Neil H. Koffler as Attorney-in- Fact for Gary N. Siegler(1) Page 35 of 41 Pages /s/ Peter M. Collery - ------------------------------- Neil H. Koffler as Attorney-in- Fact for Peter M. Collery(1) /s/ Neil H. Koffler - ---------------------------- Neil H. Koffler R.V. DOLPHIN PARTNERS, L.P. By: SC-Dolphin, Inc., as General Partner By: /s/ Peter M. Collery - ---------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) INSIGHT INVESTORS, L.P. By: Siegler, Collery & Co., as General Partner By: /s/ Peter M. Collery - --------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) DOLPHIN PARTNERS II, L.P. By: SC-Dolphin, Inc., as General Partner By: /s/ Peter M. Collery - ------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 36 of 41 Pages SIEGLER, COLLERY & CO. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN By: /s/ Peter M. Collery - ------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) ARENA-NRV INVESTORS, L.P. By: Arena Capital Corp., as General Partner By: /s/ Peter M. Collery - ------------------------ Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) MOTORHOME PARTNERS, L.P. By: Siegler, Collery & Co., as General Partner By: /s/ Peter M. Collery - -------------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SIEGLER, COLLERY & CO. By: /s/ Peter M. Collery - ---------------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) Page 37 of 41 Pages SC FUNDAMENTAL, LLC By: SC Fundamental Inc., as Manager By: /s/ Peter M. Collery - ------------------------- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President(1) SC FUNDAMENTAL VALUE BVI, LTD. SC-BVI PARTNERS By: SC Fundamental Value BVI, By: SC Fundamental Value BVI, Inc., as managing general Inc., as managing general partner of investment partner manager By: /s/ Peter M. Collery By: /s/ Peter M. Collery - ------------------------------ ----------------------------- Neil H. Koffler as Attorney- Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, in-Fact for Peter M. Collery, Vice President(1) Vice President(1) THE GARY N. SIEGLER FOUNDATION SC-DOLPHIN, INC. By: /s/ Gary N. Siegler By: /s/ Peter M. Collery - --------------------------- --------------------------- Neil H. Koffler, as Attorney- Neil H. Koffler, as Attorney- in-Fact for Gary N. Siegler in-Fact for Peter M. Collery President(1) Vice President(1) ARENA CAPITAL CORP. By: /s/ Peter M. Collery By: /s/ Curtis G. Macnguyen - ------------------------- ---------------------------- Neil H. Koffler, as Attorney- Curtis G. Macnguyen in-Fact for Peter M. Collery Vice President(1) (1) Executed by Neil H. Koffler as Attorney-in-Fact for Peter M. Collery and Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were filed as Exhibit A to Amendment No. 5 to the Schedule 13D relating to the US Facilities Corporation on August 4, 1995 and are hereby incorporated herein by reference. Page 38 of 41 Pages EXHIBIT B MEMBERS OF SC FUNDAMENTAL, LLC The name and present principal occupation or employment of the Members of SC Fundamental, LLC are set forth below. The business address of each Member is 10 East 50th Street, New York, New York 10022. All such persons are United States citizens.
================================================================= Present Principal Name and Position Occupation or Employment - ----------------------------------------------------------------- SC Fundamental Inc. Manager of SC Fundamental, LLC Corporate Member - ----------------------------------------------------------------- Gary N. Siegler Principal Member of SC Fundamental, Principal Member LLC, President of SC Fundamental Inc., 712 Advisory Services, Inc. and SC Fundamental BVI, Inc. - ----------------------------------------------------------------- Peter M. Collery Principal Member of SC Fundamental, Principal Member LLC, Vice President of SC Fundamental Inc. and SC Fundamental BVI, Inc. - ----------------------------------------------------------------- Neil H. Koffler Employee Member of SC Fundamental, Employee Member LLC and Vice President, Treasurer and Secretary of 712 Advisory Services Inc. - ---------------------------------------------------------------- Curtis G. Macnguyen Employee Member of SC Fundamental, Employee Member LLC ================================================================= /TABLE Page 39 of 41 Pages EXHIBIT B DIRECTOR AND EXECUTIVE OFFICERS OF SC FUNDAMENTAL VALUE BVI, LTD. The name, address, citizenship and present principal occupation or employment of the directors and executive officers of SC Fundamental Value BVI, Ltd. are set forth below. The business address of such directors and executive officers is c/o Citco Fund Services (Cayman Islands) Ltd., Corporate Center, West Bay Road, Grand Cayman, Cayman Islands.
================================================================= Name, Position and Present Principal Citizenship Occupation or Employment - ----------------------------------------------------------------- Gary N. Siegler Principal Member of SC Fundamental, Director LLC, President of SC Fundamental United States Inc., 712 Advisory Services, Inc. and SC Fundamental BVI, Inc. - ----------------------------------------------------------------- Bernard Loze Principal of Loze & Associates Director France - ----------------------------------------------------------------- David M. Mills Partner of Withers Solicitors Director England - ----------------------------------------------------------------- Anthony Stocks Director of International Fund Director Services division of the Citco England Group ================================================================= /TABLE Page 40 of 41 Pages EXHIBIT B PARTNERS OF SC-BVI PARTNERS The name and position of the general partners of SC-BVI Partners are set forth below. The business address of each general partner is 10 East 50th Street, New York, New York 10022. All such persons are Delaware corporations. Name and Position - ------------------- SC Fundamental BVI Inc. Managing General Partner GNS-BVI, Inc.(1) Partner PMC-BVI, Inc.(2) Partner - ---------------------------------- (1) Gary N. Siegler is the sole stockholder, officer and director of GNS-BVI, Inc. (2) Peter M. Collery is the sole stockholder, officer and director of PMC-BVI, Inc. Page 41 of 41 Pages EXHIBIT B DIRECTOR AND EXECUTIVE OFFICER OF THE GARY N. SIEGLER FOUNDATION The name and present principal occupation or employment of the director and executive officer of The Gary N. Siegler Foundation is set forth below. The business address of such director and executive officer is 10 East 50th Street, New York, New York 10022. Such person is a United States citizen. Present Principal Name and Position Occupation or Employment - ----------------- -------------------------- Gary N. Siegler Principal Member of SC Fundamental, Director, President, LLC, President of SC Fundamental Treasurer and Inc., 712 Advisory Services, Inc. Secretary and SC Fundamental BVI, Inc. 113555 -----END PRIVACY-ENHANCED MESSAGE-----