-----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, TEc/csv1nW7por2A10KDuew5V/UYomlUzuNcmB66kX/CdHFcgKzy2sRaD1Wqyazs 1ikV/LIcOVno0leBDpjF+w== 0000950136-95-000425.txt : 19951130 0000950136-95-000425.hdr.sgml : 19951130 ACCESSION NUMBER: 0000950136-95-000425 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19951127 SROS: NONE GROUP MEMBERS: INSIGNIA FINANCIAL GROUP, INC. GROUP MEMBERS: SP IV ACQUISITION INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SHELTER PROPERTIES IV LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000702174 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 570721760 STATE OF INCORPORATION: SC FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44521 FILM NUMBER: 95596511 BUSINESS ADDRESS: STREET 1: ONE INSIGNIA FINANCIAL PLAZA STREET 2: P O BOX 1089 CITY: GREENVILLE STATE: SC ZIP: 29602 BUSINESS PHONE: 8032391000 MAIL ADDRESS: STREET 1: ONE INSIGNIA FINANCIAL PLZ STREET 2: P O BOX 2347 CITY: GREENVILLE STATE: SC ZIP: 29602 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SP IV ACQUISITION INC CENTRAL INDEX KEY: 0001003942 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O INSIGNIA FINANCIAL GROUP INC STREET 2: ONE INSIGNIA FINANCIAL PLZ CITY: GREENVILLE STATE: SC ZIP: 29602 BUSINESS PHONE: 8032391600 MAIL ADDRESS: STREET 1: C/O INSIGNIA FINANCIAL GROUP INC STREET 2: ONE INSIGNIA FINANCIAL PLZ CITY: GREENVILLE STATE: SC ZIP: 29602 SC 13D/A 1 AMENDED SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 --------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. 4) --------------- SHELTER PROPERTIES IV LIMITED PARTNERSHIP (Name of Issuer) Units of Limited Partnership Interest (Title of Class of Securities) NONE (Cusip Number of Class of Securities) John K. Lines, Esq. General Counsel and Secretary Insignia Financial Group, Inc. One Insignia Financial Plaza Greenville, South Carolina 29602 (803) 239-1675 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 17, 1995 (Date of Event Which Requires Filing of this Statement) --------------- Page 1 of 5 Pages (no exhibits are filed herewith) SCHEDULE 13D CUSIP NO. None PAGE 2 OF 5 PAGES 1. NAME OF REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NOS. OF ABOVE PERSONS SP IV ACQUISITION, L.L.C. - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS WC, AF - ------------------------------------------------------------------------------ 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 7. SOLE VOTING POWER 0* SHARES ------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 0* REPORTING ------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,313 - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 30.6% of the Units outstanding as of April 1, 1995 - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------
* SP IV Acquisition, L.L.C. is the record holder of 11,050 Units, and Shelter Realty IV Corporation, which is the corporate general partner of the Partnership, is the record holder of 100 Units. Insignia Financial Group, Inc., through its 99% ownership interest in SP IV Acquisition, L.L.C. and its 100% indirect ownership interest in Shelter Realty IV Corporation, beneficially owns 11,150 Units and effectively has sole voting and dispositive power with respect to those Units. SCHEDULE 13D CUSIP NO. None PAGE 3 OF 5 PAGES 1. NAME OF REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NOS. OF ABOVE PERSONS INSIGNIA FINANCIAL GROUP, INC. - ------------------------------------------------------------------------------ 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 DELAWARE - ------------------------------------------------------------------------------ NUMBER OF 7. SOLE VOTING POWER 11,150** SHARES ------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER 15,413 (See Item 5) OWNED BY ------------------------------------------------------ EACH 9. SOLE DISPOSITIVE POWER 11,150** REPORTING ------------------------------------------------------ PERSON WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,413 - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 30.8% of the Units outstanding as of April 1, 1995 - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------
** SP IV Acquisition, L.L.C. is the record holder of 11,050 Units, and Shelter Realty IV Corporation, which is the corporate general partner of the Partnership, is the record holder of 100 Units. Insignia Financial Group, Inc., through its 99% ownership interest in SP IV Acquisition, L.L.C. and its 100% indirect ownership interest in Shelter Realty IV Corporation, beneficially owns 11,150 Units and effectively has sole voting and dispositive power with respect to those Units. AMENDMENT NO. 4 TO SCHEDULE 13D This Amendment No. 4 amends and supplements the Statement on Schedule 13D originally filed with the Commission on May 31, 1995, as amended by Amendment No. 1 filed with the Commission on June 14, 1995, Amendment No. 2 ("Amendment No. 2") filed with the Commission on June 21, 1995 and Amendment No. 3 ("Amendment No. 3") filed with the Commission on July 3, 1995 (collectively, the "Schedule 13D"), by SP IV Acquisition, L.L.C., a Delaware limited liability company ("Acquisition"), and Insignia Financial Group, Inc. ("Insignia"), with respect to units of limited partnership interest ("Units") in Shelter Properties IV Limited Partnership, a South Carolina limited partnership (the "Partnership"). Capitalized terms used but not defined in this Amendment No. 4 have the meanings ascribed to them in the Schedule 13D. Item 5. Interest in Securities of the Issuer. On July 3, 1995, Insignia and Acquisition filed Amendment No. 3 reporting the preliminary results of the High River Offer. According to information contained in the final amendment to the Tender Offer Statement on Schedule 14D-1/Schedule 13D filed by High River, Riverdale and Icahn with the Commission on November 17, 1995, the actual number of Units (the "High River Units") purchased pursuant to the High River Offer was 4,263. The High River Units represent approximately 8.5% of all outstanding Units. As a result of the High River Agreement described in Amendment No. 2, Acquisition and Insignia may be deemed to beneficially own the High River Units ultimately accepted for purchase by High River. The High River Units, together with the 11,050 Units already beneficially owned by Acquisition and Insignia, represent an aggregate of 15,413 Units, or approximately 30.8% of all outstanding Units. Item 7. Material to be Filed as Exhibits. None. 4 SIGNATURE After due 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. Dated: November 22, 1995 SP IV ACQUISITION, L.L.C. By: /s/ Jeffrey L. Goldberg* ------------------------ Jeffrey L. Goldberg President INSIGNIA FINANCIAL GROUP, INC. By: /s/ Frank M. Garrison* ---------------------- Frank M. Garrison Executive Managing Director *By: /s/ Jeffrey P. Cohen -------------------- Jeffrey P. Cohen Attorney-in-Fact 5 -----END PRIVACY-ENHANCED MESSAGE-----