-----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, WJudQkIO9HG+PUoJxpVPeUunpx23Fn/u0y6Rx8iM3niG0R0EKVzh5lJjIEIS2ErI 9brMBi4wgVEhVm6KlRfknA== 0000950146-96-001528.txt : 19960903 0000950146-96-001528.hdr.sgml : 19960903 ACCESSION NUMBER: 0000950146-96-001528 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960830 SROS: NONE GROUP MEMBERS: DDJ CAPITAL MANAGEMENT LLC GROUP MEMBERS: DDJ COPERNICUS MANAGEMENT, LLC GROUP MEMBERS: DDJ COPERNICUS, LLC GROUP MEMBERS: DDJ GALILEO MANAGEMENT, LLC GROUP MEMBERS: DDJ GALILEO, LLC GROUP MEMBERS: DDJ OVERSEAS CORP. GROUP MEMBERS: THE COPERNICUS FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMES DEPARTMENT STORES INC CENTRAL INDEX KEY: 0000006071 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 042269444 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-16050 FILM NUMBER: 96624245 BUSINESS ADDRESS: STREET 1: 2418 MAIN ST CITY: ROCKY HILL STATE: CT ZIP: 06067 BUSINESS PHONE: 2032572000 MAIL ADDRESS: STREET 1: 2418 MAIN STREET CITY: ROCKY HILL STATE: CT ZIP: 06067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DDJ CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001010422 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 043300754 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 BUSINESS PHONE: 617-283-8500 MAIL ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 SC 13D 1 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)(1) AMES DEPARTMENT STORES, INC. - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, par value $.01 per share - -------------------------------------------------------------------------------- (Title of class of securities) 030789507 ------------------------------------------------------------ (CUSIP number) Judy K. Mencher DDJ Capital Management, LLC 141 Linden Street, Suite 4 Wellesley, MA 02181 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) August 14, 1996 - -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement. [ ] (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 13 Pages) - ------------------ [1] The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 2 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Capital Management, LLC | | | 04-3300754 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 2,020,650 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 2,020,650 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 2,202,650 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 9.87% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 3 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Overseas Corp. | | | 98-0151108 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | CAYMAN ISLANDS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,421,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,421,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 1,421,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 6.94% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | CO | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 4 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Galileo, LLC | | | 04-3304422 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,421,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,421,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 1,421,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 6.94% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 5 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Galileo Management, LLC | | | 04-3304416 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,421,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,421,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 1,421,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 6.94% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 6 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | The Copernicus Fund, L.P. | | | 04-3193825 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 599,550 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 599,550 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 599,550 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 2.93% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | PN | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 7 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Copernicus, LLC | | | 04-3304417 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 599,550 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 599,550 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 599,550 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 2.93% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 8 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Copernicus Management, LLC | | | 04-3304419 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (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 | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 599,550 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 599,550 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 599,550 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 2.93% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 9 of 14 Pages - -------------------------------------------------------------------------------- This Amendment No. 3 to Schedule 13D ("Amendment No. 3") should be read in conjunction with the Schedule 13D (the "Schedule 13D"), Amendment No. 1 thereto and Amendment No. 2 thereto, dated March 1, 1996, May 28, 1996 and June 20, 1996, respectively, and filed with the Securities and Exchange Commission by DDJ Capital Management, LLC., a Massachusetts limited liability company ("DDJ"), and certain affiliates relating to the common stock, par value $.Ol per share (the "Common Stock" or the "Shares"), of Ames Department Stores, Inc. a Delaware corporation (the "Issuer" or the "Company"). This Amendment No. 3 amends the Schedule 13D and Amendment Nos. 1 and 2 only with respect to those items listed below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto on the Schedule 13D and Amendment Nos. 1 and 2. The filing of this Amendment No. 3 is not, and should not be deemed to be, an admission that the Schedule 13D or any Amendment thereto is required to be filed. Item 2. Identity and Background: Item 2 is deleted in its entirety and amended as follows: This statement is being filed jointly by DDJ Capital Management, LLC ("DDJ"), a Massachusetts limited liability company, DDJ Overseas Corp., a Cayman Islands corporation, DDJ Galileo, LLC, a Massachusetts limited liability company, DDJ Galileo Management, LLC, a Massachusetts limited liability company, The Copernicus Fund, L.P., a Massachusetts limited partnership, DDJ Copernicus, LLC, a Massachusetts limited liability company, and DDJ Copernicus Management, LLC, a Massachusetts limited liability company. Each of the aforementioned entities shall be collectively referred to as the "DDJ Affiliates". DDJ Copernicus, LLC is the general partner of, and DDJ Copernicus Management, LLC is the investment manager for, The Copernicus Fund, L.P. DDJ Galileo, LLC owns all of the voting securities of, and DDJ Galileo Management, LLC is the investment manager for, DDJ Overseas Corp. DDJ provides administrative services to the DDJ Affiliates. The Copernicus Fund, L.P. and DDJ Overseas Corp. shall hereinafter be referred to collectively as (the "Funds"). The principal office of each of DDJ and the DDJ Affiliates, with the exception of DDJ Overseas Corp., are located at 141 Linden Street, Suite 4, Wellesley, Massachusetts 02181. The principal office of DDJ Overseas Corp. is: c/o Goldman Sachs (Cayman), Harbor Center, George Town, Post Office Box 896, Grand Cayman Islands. The name, residence, or business address, principal occupation or employment and citizenship of each of the executive officers and members of DDJ and each of the DDJ Affiliates are set forth on Schedule A hereto. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 10 of 14 Pages - -------------------------------------------------------------------------------- Within the past five years, none of the persons named in this Item or listed on Schedule A has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to any civil proceeding and as a result thereof was or is subject to any judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violations with respect to such laws. The shares to which this statement relates are owned directly by one or both of the Funds. Item 3. Sources and Amount of Funds or Other Consideration: Paragraphs two and three of Item 3 are amended as follows: The Funds which own or owned Shares purchased in the aggregate 2,202,650 Shares for cash in the amount of approximately $2,379,685 including brokerage commissions. All of the 599,550 Shares of common stock owned by the Copernicus Fund, L.P. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co., and all of the 1,421,100 Shares owned by DDJ Overseas Corp. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co. During the period from the filing of Amendment No. 2 to the date hereof, the Funds acquired 238,000 Shares. The attached Schedule B sets forth Shares purchased and/or sold by the Funds since June 21, 1996. Item 5. Interest in Securities of Issuer: Paragraphs (a) and (b) of Item 5 are amended as follows: (a) DDJ Overseas Corp. owns, and DDJ Galileo, LLC and DDJ Galileo Management LLC beneficially own as majority shareholder and investment manager, respectively, of DDJ Overseas Corp. 1,421,100 Shares, or approximately 6.94% of the outstanding Shares of the Company. The Copernicus Fund, L.P. owns, and DDJ Copernicus, LLC and DDJ Copernicus Management, LLC beneficially own, as general partner and investment manager, respectively, of The Copernicus Fund, L.P. 599,550 Shares, or approximately 2.93% of the outstanding Shares of the Company. DDJ, as administrator to the other DDJ Affiliates, may be deemed to beneficially own 2,202,650 Shares, or approximately 9.87% of the outstanding Shares of the Company. DDJ Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 11 of 14 Pages - -------------------------------------------------------------------------------- disclaims any such beneficial ownership. Daniel G. Harmetz, a member of DDJ, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC, and DDJ Copernicus Management, LLC beneficially owns 15,000 Shares representing approximately .07%. He has sole power to vote and to dispose of such Shares. Neither DDJ nor any of the DDJ Affiliates and, to the best of knowledge of DDJ and the DDJ Affiliates, except for Mr. Harmetz, none of the persons named in Schedule A, beneficially own any other Shares. (b) Each of the aforementioned entities has sole power to vote and to dispose of the Shares so indicated. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 12 of 14 Pages - -------------------------------------------------------------------------------- SCHEDULE A ---------- The name and present principal occupation or employment of each executive officer and member of DDJ Capital Management, LLC and each of the DDJ Affiliates are set forth below. The business address of each person is 141 Linden Street, Suite 4, Wellesley, MA 02181 and the address of the corporation or organization in which such employment is conducted is the same as each person's business address, except that the principal address of DDJ Overseas Corp. is set forth in Item 2. All of the persons listed below are U.S. citizens. NAME PRINCIPAL OCCUPATION OR EMPLOYMENT - ---- ----------------------------------- Daniel G. Harmetz Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC and DDJ Copernicus Management, LLC David J. Breazzano Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC and DDJ Copernicus Management, LLC Judy K. Mencher Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC, DDJ Copernicus Management, LLC and Vice President of DDJ Overseas Corp. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 13 of 14 Pages - -------------------------------------------------------------------------------- SCHEDULE B ---------- Ames Department Stores, Inc. - ---------------------------- Set forth below is an itemization of all purchases and sales of Shares of Common Stock since June 21, 1996. The transactions were made for cash in open market transactions. DATE TYPE-PURCHASE SHARES AGGREGATE OR SALE PRICE ====================================================================== 7/16/96 Purchase 5,000 $ 10,775.00 7/17/96 Purchase 5,000 $ 11,712.50 7/18/96 Purchase 5,000 $ 12,025.00 7/19/96 Purchase 12,500 $ 31,625.00 7/29/96 Purchase 5,000 $ 12,025.00 7/31/96 Purchase 22,500 $ 52,706.25 8/05/96 Purchase 85,000 $204,425.00 8/06/96 Purchase 25,000 $ 60,125.00 8/07/96 Purchase 25,000 $ 60,125.00 8/14/96 Purchase 48,000 $141,491.40 Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 14 of 14 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. DDJ CAPITAL MANAGEMENT, LLC DDJ GALILEO, LLC DDJ GALILEO MANAGEMENT, LLC DDJ COPERNICUS MANAGEMENT, LLC DDJ OVERSEAS CORP. DDJ COPERNICUS, LLC on behalf of itself and as General Partner for THE COPERNICUS FUND, L.P. By: /s/ Judy K. Mencher ----------------------------- Judy K. Mencher Member of DDJ Capital Management, LLC, DDJ Copernicus, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC DDJ Copernicus Management, LLC and Vice President of DDJ Overseas Corp. Dated: -----END PRIVACY-ENHANCED MESSAGE-----