-----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, U3BkfSGpk+pQg0MmksPpBo/rjYwCPo85hjJeWY730eS4o9MZpqOlpOHsASLrSu7b 8iHV4GVRw1CZQVeuqAqXaA== 0000728889-99-000036.txt : 19990301 0000728889-99-000036.hdr.sgml : 19990301 ACCESSION NUMBER: 0000728889-99-000036 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990226 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BUDGET GROUP INC CENTRAL INDEX KEY: 0000922471 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 593227576 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-43467 FILM NUMBER: 99550888 BUSINESS ADDRESS: STREET 1: 125 BASIN ST STE 210 CITY: DAYTONA BEACH STATE: FL ZIP: 32114 BUSINESS PHONE: 9042387035 MAIL ADDRESS: STREET 1: 125 BASIN STREET CITY: DAYTONA BEACH STATE: FL ZIP: 32114 FORMER COMPANY: FORMER CONFORMED NAME: TEAM RENTAL GROUP INC DATE OF NAME CHANGE: 19940429 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER MANAGEMENT CORP CENTRAL INDEX KEY: 0000728889 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 34TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048-0203 BUSINESS PHONE: 212-323-02 MAIL ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 34TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048-0203 SC 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) Budget Group, Inc. - ------------------------------------------------------------------------------ (Name of Issuer) Class A Common Stock - ------------------------------------------------------------------------------ (Title of Class of Securities) 119003101 - ------------------------------------------------------------------------------ (CUSIP Number) *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 the disclosures provided in a prior cover page. The information required in 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 (the "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). (Continued on following pages) Page 1 of 4 Pages CUSIP No.119003101 13G Page 2 of 4 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON OppenheimerFunds, Inc. I.R.S. No. 13-2527171 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* A ---- B X ---- - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Colorado - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER: 0 SHARES --------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER: 0 OWNED BY --------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER:0 REPORTING --------------------------------------------------------------- PERSONAL 8 SHARED DISPOSITIVE POWER: 2,216,004 WITH --------------------------------------------------------------- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,216,004 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.47% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 2 of 4 Pages SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 Item 1(a) Name of Issuer: Budget Group, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 125 Basin Street, Suite 210 Daytona Beach, Florida 32114 Item 2(a) Name of Person Filing: OppenheimerFunds, Inc. Item 2(b) Address of Principal Business Office: Two World Trade Center, Suite 3400 New York, New York 10048-0203 Item 2(c) Citizenship: Inapplicable Item 2(d) Title of Class of Securities: Class A Common Stock Item 2(e) CUSIP Number:119003101 Item 3(e) X Investment Adviser registered under Section 203 of the --- Investment Advisers Act of 1940 Item 4(a) Amount Beneficially Owned: 2,216,004 shares* Item 4(b) Percent of Class: 6.47% Item 4(c)(i) Sole Power to vote or to direct the vote - 0 Item 4(c)(ii) Shared power to vote or to direct the vote - 0 Item 4(c)(iii) Sole power to dispose or to direct the disposition of - 0 Item 4(c)(iv) Shared power to dispose or to direct the disposition of - 2,216,004 shares. *includes the number of common shares of Issuer that will be received upon conversion of the convertible preferred stock by Oppenheimer Convertible Securities Fund, Multiple Strategies Fund, Oppenheimer Multiple Strategies Fund (VA), Oppenheimer Millennium Income and Growth Fund. Page 3 of 4 Pages Item 5 Ownership to Five Percent or Less of a Class: -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than 5% of the class of securities, check the following: Item 6 Ownership of More than Five Percent on Behalf of Another Person: ------------------------------------------------------------ Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: -------------------------------------------------------------- Inapplicable Item 8 Identification and Classification of Members of the Group: --------------------------------------------------------- Inapplicable Item 9 Notice of Dissolution of Group: ------------------------------ Inapplicable Item 10 Certification: ------------- By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable 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. Date: February 11, 1999 /s/ Merryl Hoffman Signature: ______________________________________ Name/Title: Merryl Hoffman, Vice President Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----