-----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, Ta6wn/Tj74hUkcucfmS2Oy5V/sH96fdyymYqVcqblEEVKOtHqY7+TotlzcUSSKYN xRyrJ3uqsGa0luVqBNInBg== 0000950144-00-004705.txt : 20000410 0000950144-00-004705.hdr.sgml : 20000410 ACCESSION NUMBER: 0000950144-00-004705 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000330 FILED AS OF DATE: 20000407 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSTON INDUSTRIES INC CENTRAL INDEX KEY: 0000041017 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 111749980 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 001-06687 FILM NUMBER: 595667 BUSINESS ADDRESS: STREET 1: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066413140 MAIL ADDRESS: STREET 2: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 FORMER COMPANY: FORMER CONFORMED NAME: GI EXPORT CORP DATE OF NAME CHANGE: 19850403 FORMER COMPANY: FORMER CONFORMED NAME: GEON INDUSTRIES INC DATE OF NAME CHANGE: 19770921 FORMER COMPANY: FORMER CONFORMED NAME: GEON TRADING CORP DATE OF NAME CHANGE: 19700915 COMPANY DATA: COMPANY CONFORMED NAME: JI ACQUISITION CORP CENTRAL INDEX KEY: 0001110708 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: TWELVE PIEDMONT CENTER STREET 2: SUITE 210 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4048163255 3 1 JOHNSTON INDUSTRIES, INC./ JI ACQUISITION CORP. 1 - -------- FORM 3 - -------- U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - ------------------------------------------------------------------------------------------------------------------------------------ |1. Name and Address of Reporting Person(1)|2. Date of Event Requiring |4. Issuer Name and Ticker or Trading Symbol | | | Statement | | | JI Acquisition Corp. | (Month/Day/Year) | | |------------------------------------------| | Johnston Industries, Inc. ("JII") | | (Last) (First) (Middle) | |-----------------------------------------------------------| | | 3/30/00 |5. Relationship of Reporting | 6. If Amendment, Date | | c/o CGW Southeast Partners IV, L.P. |---------------------------| Person to Issuer | of Original | | Twelve Piedmont Center, Suite 210 |3. IRS Identification | (Check all applicable) | (Month/Day/Year) | |------------------------------------------| Number of Reporting | | | | (Street) | Person, if an Entity |[ ] Director [X] 10% Owner | | | | (Voluntary) | | | | | |[ ] Officer [ ] Other (specify| | | | | (give below) |-------------------------| | | | title below) | 7. Individual or Joint/ | | Atlanta GA 30305 | | | Group Filing (Check | |--------------------------------------------------------------------------------------------------------| applicable line) | | (City) (State) (Zip) | | | | [X] Form Filed by | | | One Reporting | | | Person | | | [ ] Form Filed by | | | More than One | | | Reporting Person | |----------------------------------------------------------------------------------------------------------------------------------| | TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED | |----------------------------------------------------------------------------------------------------------------------------------| |1. Title of Security | 2. Amount of Securities | 3. Ownership Form: | 4. Nature of Indirect | | (Instr. 4) | Beneficially Owned | Direct (D) or | Beneficial | | | (Instr. 4) | Indirect (I) | Ownership (Instr. 4) | | | | (Instr. 5) | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | None | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | |----------------------------------------|------------------------------|---------------------------|------------------------------| | | | | | - -----------------------------------------------------------------------------------------------------------------------------------
(1) If the form is filed by more than one Reporting Person, see Instruction 5(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) 2
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------------ | 1. Title of Derivative |2. Date |3. Title and Amount of |4. Conver- | 5. Owner- |6. Nature of Indirect| | Security (Instr. 4) | Exercisable and | Securities Underlying | sion or | ship | Beneficial Owner- | | | Expiration Date | Derivative Securities | Exercise | Form of | ship (Instr. 5) | | | (Month/Day/Year )| (Instr. 4) | Price of | Deriva- | | | | | | Deriva- | tive | | | | | | tive | Security:| | | | | | Security | Direct | | | |--------------------|-------------------------------| | (D) or | | | | Date | Expira- | | Amount or | | Indirect | | | | Exercis-| tion | Title | Number of | | (I) | | | | able | Date | | Shares | | (Instr. | | | | | | | | | 5) | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | Right to Buy | (1) | (1) |Common Stock | 8,750,000 | $3.00 | D | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | Right to Buy | (1) | (1) |Preferred Stock (2)| 250,000 | $3.00 | D | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | |----------------------------|----------|---------|-------------------|-----------|------------|-------------|---------------------| | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: - ------------------------- /s/ James A. O'Donnell 4/6/00 (1) Pursuant to a Purchase Agreement with Johnston Industries, the undersigned --------------------------------- ---------- has a right to purchase the shares of Common Stock and Preferred Stock upon Signature of Reporting Person (1) Date the closing of a tender offer currently being conducted by the undersigned for a controlling interest in Johnston Industries. The tender offer expires on May 5, 2000, and, pursuant to the terms of the Agreement, must be closed or may be terminated on or before June 30, 2000. (2) The Preferred Stock is convertible on a one-for-one basis into shares of Common Stock at the option of the holder at any time, subject to the availability of a sufficient number of shares of authorized Common Stock. Page 2
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