-----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, AilKgXiQV1klrmAzTw994zTPeI0rjnLudNnUiknd8986kF4iEFBAwR99z87bbUSD SYFS5+PRl/PTfq+Hrhis5g== 0000109380-01-000046.txt : 20010326 0000109380-01-000046.hdr.sgml : 20010326 ACCESSION NUMBER: 0000109380-01-000046 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010323 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MACC PRIVATE EQUITIES INC CENTRAL INDEX KEY: 0000923808 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 421421406 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-45963 FILM NUMBER: 1577285 BUSINESS ADDRESS: STREET 1: 101 SECOND ST SE STREET 2: STE 800 CITY: CEDAR RAPIDS STATE: IA ZIP: 52401 BUSINESS PHONE: 3193638249 MAIL ADDRESS: STREET 1: 101 SECOND STREET SE STREET 2: SUITE 800 CITY: CEDAR RAPIDS STATE: IA ZIP: 52401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZIONS BANCORPORATION /UT/ CENTRAL INDEX KEY: 0000109380 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 870227400 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE SOUTH MAIN STREET STREET 2: SUITE 1380 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 BUSINESS PHONE: 8015244787 MAIL ADDRESS: STREET 1: ONE SOUTH MAIN STREET STREET 2: SUITE 1380 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 FORMER COMPANY: FORMER CONFORMED NAME: ZIONS UTAH BANCORPORATION DATE OF NAME CHANGE: 19870615 FORMER COMPANY: FORMER CONFORMED NAME: ZIONS FIRST NATIONAL INVESTMENT CO DATE OF NAME CHANGE: 19660921 SC 13D 1 0001.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 19 )* MACC Private Equities Inc. - -------------------------------------------------------------------------------- Common Stock, $0.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 552 617 102 -------------------------------------------------- (CUSIP Number) W. David Hemingway, Zions Bancorporation, One South Main, Suite 1380 Salt Lake City, Utah 84111 (801) 524-4787 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 22, 2001 -------------------------------------------------- (Date of Event which Requires Filing of this Statement) If a filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this statement [ ]. (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. *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 ("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). - --------------------- CUSIP NO. 552 617 102 - --------------------- - ------------------------------------------------------------ 1. NAME OF REPORTING PERSON Zions Bancorporation S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 87-0227400 - ------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (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 Utah - ---------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF -0- SHARES ---------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 668,868 EACH ---------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON -0- WITH ---------------------------------------------------- 10. SHARED DISPOSITIVE POWER 668,868 - ---------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 668,868 - ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.4441% - ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON HC,CO - ---------------------------------------------------------------------- Page 2 of 11 - --------------------- CUSIP NO. 552 617 102 - --------------------- - ---------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Zions First National Bank S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 87-0189025 - ---------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (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 United States - ---------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF -0- SHARES ---------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 668,868 EACH ---------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON -0- WITH ---------------------------------------------------- 10. SHARED DISPOSITIVE POWER 668,868 - ---------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 668,868 - ---------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ---------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.4441% - ---------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON BK - ---------------------------------------------------------------------- Page 3 of 11 Zions Bancorporation ("Zions") hereby amends its report on Schedule 13D originally filed on May 24, 1996 as heretofore amended (the "Schedule 13D") in respect of the Common Stock of MACC Private Equities Inc. (the "Company"). Capitalized terms used but not defined herein shall have the meanings given such terms in the Schedule 13D. Item 3. Source and Amount of Funds or Other Consideration. The funds required to purchase the 668,868 shares of Common Stock beneficially owned by Zions and the Bank were $ 4,334,005. These funds were derived from working capital. Item 5. Interest in Securities of the Issuer. (a) The Bank currently holds and Zions may be deemed to hold through the Bank, for purposes of this report on Schedule 13D, the beneficial ownership of 668,868 shares of Common Stock, which the Bank and Zions believe represents approximately 34.4441% of the outstanding shares of Common Stock. (b) Zions may be deemed to share the power to vote or direct the vote and to dispose or to direct the disposition of the 668,868 shares of Common Stock held by the Bank. (c) On November 29, 2000, the Bank purchased 100 shares of Common Stock at a cost of $1,006.25 ($10.0625 per share). On December 7, 2000, the Bank purchased 199 shares of Common Stock at a cost of $1,952.94 ($9.8138 per share). On December 11, 2000, the Bank purchased 900 shares of Common Stock at a cost of $8,662.50 ($9.6250 per share). On December 12, 2000, the Bank purchased 300 shares of Common Stock at a cost of $2,918.75 ($9.7292 per share). On December 15, 2000, the Bank purchased 401 shares of Common Stock at a cost of $3,884.56 ($9.6872 per share). On December 15, 2000, the Bank purchased 2,800 shares of Common Stock at a cost of $26,950.00 ($9.6250 per share). On December 19, 2000, the Bank purchased 100 shares of Common Stock at a cost of $1,006.25 ($10.0625 per share). On December 20, 2000, the Bank purchased 100 shares of Common Stock at a cost of $1,006.25 ($10.0625 per share). On December 20, 2000, the Bank purchased 2,200 shares of Common Stock at a cost of $21,175.00 ($9.6250 per share). On December 27, 2000, the Bank purchased 800 shares of Common Stock at a cost of $7,708.51 ($9.6356 per share). On January 10, 2001, the Bank purchased 1,000 shares of Common Stock at a cost of $9,625.00 ($9.6250 per share). On January 10, 2001, the Bank purchased 483 shares of Common Stock at a cost of $4,669.43 ($9.6676 per share). On January 11, 2001, the Bank purchased 517 shares of Common Stock at a cost of $4,995.63 ($9.6627 per share). On January 29, 2001, the Bank purchased 100 shares of Common Stock at a cost of $1,012.50 ($10.1250 per share). On January 30, 2001, the Bank purchased 300 shares of Common Stock at a cost of $2,937.50 ($9.7917 per share). On February 9, 2001, the Bank purchased 700 shares of Common Stock at a cost of $6,794.45 ($9.7064 per share). On February 12, 2001, the Bank purchased 300 shares of Common Stock at a cost of $2,937.50 ($9.7917 per share). On February 13, 2001, the Bank purchased 1,240 shares of Common Stock at a cost of $12,012.50 ($9.6875 per share). On February 14, 2001, the Bank purchased 4,700 shares of Common Stock at a cost of $45,546.25 ($9.6907 per share). On February 16, 2001, the Bank purchased 1,000 shares of Common Stock at a cost Page 4 of 11 of $10,625.96 ($10.6260 per share). On February 27, 2001, the Bank purchased 900 shares of Common Stock at a cost of $9,511.57 ($10.5684 per share). On February 28, 2001, the Bank purchased 1,000 shares of Common Stock at a cost of $11,126.81 ($11.1268 per share). On March 1, 2001, the Bank purchased 1,000 shares of Common Stock at a cost of $10,563.35 ($10.5634 per share). In each case of purchase, the shares were acquired in the ordinary course of business in transactions on the open market. To the best knowledge of Zions and the Bank, none of the persons listed on Schedule I-A or Schedule I-B attached hereto has effected any transactions in Common Stock during the past 60 days. Page 5 of 11 SIGNATURE After due inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated: March 22, 2001 ZIONS BANCORPORATION By: /s/ Dale M. Gibbons ------------------------------------ Name: Dale M. Gibbons Title: Executive Vice President, Chief Financial Officer and Secretary Page 6 of 11 SIGNATURE After due inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated: March 22, 2000 ZIONS FIRST NATIONAL BANK By: /s/ Dale M. Gibbons ------------------------------------ Name: Dale M. Gibbons Title: Executive Vice President, Chief Financial Officer and Secretary Page 7 of 11 SCHEDULE I-A DIRECTORS AND EXECUTIVE OFFICERS OF ZIONS BANCORPORATION The names, business addresses and present principal occupations of the directors and executive officers of Zions Bancorporation ("Zions") are set forth below. If no business address is given, the director's or officer's business address is One South Main, Suite 1380, Salt Lake City, Utah 84111. The business address of each of the directors of Zions is also the business address of such director's employer, if any. All directors and officers listed below are citizens of the United States. Name Position with Zions, Present Principal Occupation or - ---- ---------------------------------------------------- Employment and Address ---------------------- Bruce Alexander President and Chief Executive Officer of Vectra Bank Colorado. Senior Vice President of Zions. A. Scott Anderson Executive Vice President of Zions and President of Zions First National Bank. Jerry C. Atkin Director of Zions. Chairman, President and Chief Executive Officer, SkyWest Airlines, 444 S. River Road, St. George, Utah 84770. Nolan X. Bellon Senior Vice President & Controller of Zions. Danne L. Buchanan Executive Vice President of Zions. Vice Chairman and Director Zions Management Services Company. Grant R. Caldwell Director of Zions. Retired, former Partner, KMG Main Hurdman, Salt Lake City, Utah. R. Don Cash Director of Zions. Chairman and Chief Executive Officer of Questar Corporation, 180 East 100 South, Salt Lake City, Utah 84111. Director, Zions First National Bank. Gerald J. Dent Executive Vice President of Zions. Dale M. Gibbons Executive Vice President, Chief Financial Officer and Secretary of Zions. Executive Vice President, Chief Financial Officer and Secretary of Zions First National Bank. John J. Gisi Chairman, President and Chief Executive Officer of National Bank of Arizona. Senior Vice President of Zions. Page 8 of 11 Name Position with Zions, Present Principal Occupation or - ---- ---------------------------------------------------- Employment and Address ---------------------- James C. Hawkanson President and Chief Executive Officer of The Commerce Bank of Washington, Senior Vice President of Zions. W. David Hemingway Executive Vice President of Zions. Executive Vice President of Zions First National Bank. Clark B. Hinckley Senior Vice President of Zions. Richard H. Madsen Director of Zions. Consultant, The May Department Stores Company. William Martin President and Chief Executive Officer of Nevada State Bank. Senior Vice President of Zions. Roger B. Porter Director of Zions. IBM Professor of Business and Government, Harvard University, 79 John F. Kennedy St, Cambridge, MA 02138. Robert G. Sarver Director and Executive Vice President of Zions. Chairman and CEO California Bank & Trust. Harris H. Simmons President, Chief Executive Officer and Director of Zions. Chairman of Zions First National Bank. L.E. Simmons Director of Zions. President, SCF Partners, 6600 Texas Commerce Tower, Houston, TX 77002. Roy W. Simmons Chairman of the Board of Directors of Zions. Director of Zions First National Bank. Shelley Thomas Director of Zions. Senior Director of Communications and Public Affairs for Huntsman Cancer Institute, 2000 Circle of Hope, Salt Lake City, UT 84112. I.J. Wagner Director of Zions. President of The Keystone Company, 680 Gateway Tower East, Salt Lake City, UT 84133. Merrill Wall Senior Vice Presiden of Zions. Executive Vice President of California Bank & Trust. Page 9 of 11 SCHEDULE I-B DIRECTORS AND EXECUTIVE OFFICERS OF ZIONS FIRST NATIONAL BANK The names, business addresses and present principal occupations of the directors and executive officers of Zions First National Bank (the "Bank") are set forth below. If no business address is given, the director's or officer's business address is One South Main Street, Salt Lake City, Utah 84111. The business address of each of the directors of the Bank is also the business address of such director's employer, if any. All directors and officers listed below are citizens of the United States. Name Position with the Bank, Present Principal Occupation or - ---- ------------------------------------------------------- Employment and Address ---------------------- A. Scott Anderson President, Chief Executive Officer of the Bank. John B. D'Arcy Executive Vice President of the Bank. R. Don Cash Director of the Bank. Chairman and Chief Executive Officer, Questar Corporation, Salt Lake City, UT 84139. Gerald J. Dent Executive Vice President of the Bank. Executive Vice President of Zions Bancorporation. Robert C. Fuehr Director of the Bank. Retired. Dale M. Gibbons Executive Vice President, Chief Financial Officer and Secretary of the Bank. Executive Vice President, Chief Financial Officer and Secretary of Zions Bancorporation. Ronald S. Hanson Director of the Bank. Retired. W. David Hemingway Executive Vice President of the Bank. Executive Vice President of Zions Bancorporation. James T. Jensen Director of the Bank. Executive Vice President/General Counsel of Savage Industries, Salt Lake City, Utah 84107. Susan Mooney Johnson Director of the Bank. President of Futura Industries Daw Technology. Box 3640, Ketchum, Idaho 83340. Dixie Leavitt Director of the Bank. Chairman of the Board of Security Enterprises dba The Leavitt Group. Robert A. Madsen, Sr. Director of the Bank. Chief Executive Officer of Madsen Furniture Co., Salt Lake City, Utah. Page 10 of 11 Name Position with the Bank, Present Principal Occupation or - ---- ------------------------------------------------------- Employment and Address ---------------------- Roy C. Nelson Director of the Bank. Retired. Kathryn Pett Director of the Bank. Secretary and General Counsel, Utah Transit Authority, 3600 South 700 West, Salt Lake City, UT 84115. Harris H. Simmons Chairman of the Bank. President and Chief Executive Officer of Zions Bancorporation. Roy W. Simmons Chairman of the Board of Directors of Zions. D. Gill Warner Director of the Bank. Retired. Page 11 of 11 -----END PRIVACY-ENHANCED MESSAGE-----