-----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, PhSZaFszapTtG8ZLoJCsfS19Q9b1YMZ8BRIiEH5jVx3BHZEzttrpKkmSz2HlMyqj u1GtGGzxPW8Xdgbeuf8TKQ== 0000719241-97-000066.txt : 19971111 0000719241-97-000066.hdr.sgml : 19971111 ACCESSION NUMBER: 0000719241-97-000066 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971031 FILED AS OF DATE: 19971110 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NAL FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000811644 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 232455294 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 033-88966 FILM NUMBER: 97711096 BUSINESS ADDRESS: STREET 1: 500 CYPRESS CREEK ROAD WEST STREET 2: STE 590 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 3059388200 MAIL ADDRESS: STREET 1: 500 CYPRESS CREEK ROAD WEST STREET 2: SUITE 590 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: CORPORATE FINANCIAL VENTURES INC DATE OF NAME CHANGE: 19920703 COMPANY DATA: COMPANY CONFORMED NAME: CONSECO INC CENTRAL INDEX KEY: 0000719241 STANDARD INDUSTRIAL CLASSIFICATION: ACCIDENT & HEALTH INSURANCE [6321] OWNER IRS NUMBER: 351468632 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 11825 N PENNSYLVANIA ST CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: 3175736100 MAIL ADDRESS: STREET 1: 11825 N PENNSYLVANIA ST CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY NATIONAL OF INDIANA CORP DATE OF NAME CHANGE: 19840207 4 1 FORM 4 - OCTOBER 31, 1997 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Conseco, Inc. 11825 North Pennsylvania Street Carmel, IN 46032 USA 2. Issuer Name and Ticker or Trading Symbol NAL Financial Group, Inc. NALF 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year October 31, 1997 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 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 | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |10/1/9|C | |35,304,688 |A |$.32 | |I |By wholly-owned subsidiary | |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |10/1/9|C | |1,509,617 |A |$.30 |36,814,305 |I |By wholly-owned subsidiary | |7 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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 | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price 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 |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| 9% Subordinated Conver|$.32 |9/30/|J(1)|V|$11,297,500|A |4/23/|10/23|Common Stock|35,304,| | |I |Wholly-owned| tible Debentures | |97 | | |(2) | |96 |/97 | |688(3) | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.32 |10/01|C | |$11,297,500|D |4/23/|10/23|Common Stock|35,304,| |0 |I |Wholly-owned| tible Debentures | |/97 | | |(2) | |96 |/97 | |688(3) | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.32 |10/1/|J(4)|V|$5,000,000 |D |(6) |(6) |Common Stock|15,740,| | |D | | tible Debentures | |97 | | | | | | | |581(7) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Series A Preferred Sto|$.625(5)|10/1/|A | |5,000,000 |A |Immed|None |Common Stock|8,000,0| |5,000,000 |I |Wholly-owned| ck | |97 | | | | |iatel| | |00(5) | | | | subsidiary | | | | | | | |y | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.32 |10/1/|J(4)|V|$5,000,000 |A |(6) |(6) |Common Stock|15,740,| |$5,000,000 |I |Wholly-owned| tible Debentures | |97 | | | | | | | |581(7) | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.30 |10/1/|J(8)|V|$6,013,694 |D |(6) |(6) |Common Stock|23,067,| |0 |D | | tible Debentures | |97 | | | | | | | |793(7) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.30 |10/1/|J(8)|V|$6,013,694 |A |(6) |(6) |Common Stock|23,067,| | |I |Wholly-owned| tible Debentures | |97 | | | | | | | |793(7) | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.30 |10/1/|P(9)| |$6,013,694 |A |(6) |(6) |Common Stock|23,067,| | |I |Wholly-owned| tible Debentures | |97 | | | | | | | |793(7) | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| 9% Subordinated Conver|$.30 |10/1/|C | |$452,885 |D | | |Common Stock|1,509,6| |$5,560,809 |I |Wholly-owned| tible Debentures | |97 | | | | | | | |17 | | | | subsidiary | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) These instruments were transferred between two indirect wholly-owned subsidiaries to a direct wholly-owned subsidiary of the Registrant. (2) Represents principal plus accrued interest. (3) The convertible securities were originally reported as being convertible into 833,332 shares based upon the then conversion price. Such number of shares has been subject to change over time because the conversion price was equal to 80% of the market price. (4) These debentures were transferred from Conseco, Inc. to CIHC, Incorporated, a wholly-owned subsidiary. (5) The number of shares has been determined by reference to a $.625 per share conversion price. The instruments governing the preferred stock provide for a conversion price equal to 80% of the closing bid price per share on the NASDAQ/NMS on the date of conversion. (6) Conseco entered into an agreement with NAL Financial Group, Inc., which was transferred to CIHC, Incorporated, that CIHC will convert the debentures immediately upon NAL Financial Group, Inc. filing an amendment to its Certificate of Incorporation to increase its authorized shares of common stock. (7) Interest continues to accrue on these instruments and is convertible on the same terms as principal amounts. (8) The previously reported agreement to acquire these debentures was transferred from Conseco, Inc. to CIHC, Incorporated. (9) CIHC, Incorporated purchased the debentures pursuant to the purchase agreements referenced in footnotes numbered 6 and 8. SIGNATURE OF REPORTING PERSON John J. Sabl, Executive Vice President DATE November 10, 1997 -----END PRIVACY-ENHANCED MESSAGE-----