-----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, WqDesb/XmdwaPnivDj8/DDafaEHCzSyWPjw7TjNRe4jkdK6sUjKPVo8E12iQHmMi jBkFn1wlAEKy+yv/rKwGrA== 0001053812-99-000003.txt : 19990212 0001053812-99-000003.hdr.sgml : 19990212 ACCESSION NUMBER: 0001053812-99-000003 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AEROCENTURY CORP CENTRAL INDEX KEY: 0001036848 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 943263974 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-13387 FILM NUMBER: 99530572 BUSINESS ADDRESS: STREET 1: 1440 CHAPIN AVE STE 310 CITY: BURLINGAME STATE: CA ZIP: 94010 BUSINESS PHONE: 6503401888 MAIL ADDRESS: STREET 1: 1440 CHAPIN AVENUE SUITE 310 CITY: BURLINGAME STATE: CA ZIP: 94010 FORMER COMPANY: FORMER CONFORMED NAME: AEROMAX INC DATE OF NAME CHANGE: 19970331 COMPANY DATA: COMPANY CONFORMED NAME: CRISPIN NEAL D CENTRAL INDEX KEY: 0001053812 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 1440 CHAPIN AVENUE STREET 2: SUITE 310 CITY: BURLINGAME STATE: CA ZIP: 94010 BUSINESS PHONE: 6506963900 MAIL ADDRESS: STREET 1: 1440 CHAPIN AVENUE STREET 2: SUITE 310 CITY: BURLINGAME STATE: CA ZIP: 94010 5 1 FORM 5 - 12/31/98 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). () Form 3 Holdings Reported () Form 4 Transactions Reported 1. Name and Address of Reporting Person Crispin, Neal D. 1440 Chapin Avenue, Suite 310 Burlingame, CA USA 94010 2. Issuer Name and Ticker or Trading Symbol AeroCentury Corp. ACY 3. IRS Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for Month/Year 12/31/98 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (x) Director ( ) 10% Owner (x) Officer (give title below) ( ) Other (specify below) President & Chairman 7. Individual or Joint/Group Filing (Check applicable line) (x) Form Filed by One Reporting Person ( ) Form Filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |1/1/98|P |44119 |A |10 |143103 |I | [1] | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |1/1/98|J [2|91 |A |10 |143103 |D | | | |] | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |1/1/98|J [3|84 |A |10 |143103 |D | | | |] | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |1/1/98|J [4|52 |A |10 |143103 |D | | | |] | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |1/16/9|P |100 |A |9-3/4 |143103 |I | [5] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |1/20/9|P |500 |A |8-1/2 |143103 |I | [6] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/9/98|P |1000 |A |6-1/4 |143103 |I | [7] | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/10/9|P |500 |A |6-3/8 |143103 |I | [8] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/10/9|P |500 |A |6-1/2 |143103 |I | [9] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |5/1/98|P |1000 |A |6-3/8 |143103 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |5/4/98|P |200 |A |5-7/8 |143103 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |5/4/98|P |800 |A |6-1/8 |143103 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |5/15/9|J [1|1424 |D |1 |143103 |I | | |8 |0] | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |5/28/9|P |500 |A |6 |143103 |D | | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |7/31/9|P |500 |A |6-5/8 |143103 |I | [11] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/14/9|P |200 |A |6 |143103 |I | [12] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/26/9|P |200 |A |6 |143103 |I | [13] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/22/|P |500 |A |5-3/16 |143103 |I | [14] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/27/|P |200 |A |5-1/4 |143103 |I | [15] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/27/|P |300 |A |5-3/8 |143103 |I | [16] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/29/|P |300 |A |5-1/2 |143103 |I | [17] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/31/|P |300 |A |5-1/2 |143103 |I | [18] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |11/2/9|P |500 |A |5 |143103 |I | [19] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |11/5/9|P |500 |A |6-3/8 |143103 |I | [20] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |11/9/9|P |500 |A |7-1/4 |143103 |I | [21] | |8 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |11/10/|P |500 |A |7-1/2 |143103 |I | [22] | |98 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Option from JetFleet |$1.00 | | | | | [24]| |Common Stock|20000 | | | | | Holding Corp. [23] | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------|
Explanation of Responses: 1. By ownership (with spouse as community property) of of 100% of the Common Stock of the parent corporation of Capital Management Associates, which was issued 44,119 shares, as a result of the consolidation ("Consolidation") of JetFleet Aircraft L.P. ("JFI") and JetFleet Aircraft II ("JFII") and AeroCentury Corp. 2. Received in Consolidation in exchange for JFI limited partnership interests 3. Received in a distribution from CMA Capital Corporation ("CMACC"), parent corporation of the general partner of JFI and JFII, to all CMACC creditors in return for cancellation of indebtedness. 4. By the issuance of an additional 168 shares of Common Stock of JetFleet Holding Corp. ("JHC") (formerly, JetFleet Management Corp.) upon automatic conversion of Preferred Stock held (with spouse as community property) in JHC, which increased ownership in JHC by 0.0345%. JHC then owned 150,000 shares of Common Stock of AeroCentury Corp. 5, 6, 7, 8, 9, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22. By direct ownership, with spouse as community property, of 100% of the Common Stock of the 100% parent of CMA Capital Management, Inc., which purchased shares of AeroCentury Common Stock. 10. Reflects exercise by a JHC employee ("Employee") of an incentive stock option for 2,333 shares at a price of $1 per share granted by JetFleet Holding Corp. ("JHC") to Employee, which reduced JHC's holding of AeroCentury Common Stock to 147,667 shares. The grant was issued in 1997, when AeroCentury Corp. was a wholly-owned subsidiary of AeroCentury Corp. Mr. Crispin, with his spouse as community property, directly and indirectly owns approximately 61% of the Common Stock of JHC. 23. JetFleet Holding Corp. formerly named JetFleet Management Corp. 24. Option vests in three equal annual installments beginning on April 1, 1998. /s/ Neal D. Crispin SIGNATURE OF REPORTING PERSON /Signature/ Neal D. Crispin DATE 2/11/99 -----END PRIVACY-ENHANCED MESSAGE-----