-----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, Ofn6qiVdPuvPtPF9h920UEBnkbLaza7YLex1AUkpxMGToyR8+K82RBrvvzLLKiji 5C54Gt2z0VpK1ce6fgOp+Q== 0001047469-99-011930.txt : 19990330 0001047469-99-011930.hdr.sgml : 19990330 ACCESSION NUMBER: 0001047469-99-011930 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990329 GROUP MEMBERS: PRUDENTIAL INSURANCE CO OF AMERICA GROUP MEMBERS: PRUDENTIAL VARIABLE CONTRACT REAL PROPERTY PART GROUP MEMBERS: STRATEGIC PERFORMANCE FUND-II, INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MERIDIAN INDUSTRIAL TRUST INC CENTRAL INDEX KEY: 0000946637 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 943224765 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46147 FILM NUMBER: 99575871 BUSINESS ADDRESS: STREET 1: 455 MARKET ST STREET 2: 17TH FL CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4152813900 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL INSURANCE CO OF AMERICA CENTRAL INDEX KEY: 0000729057 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 221211670 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PRUDENTIAL PLZ STREET 2: 751 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07102-3777 BUSINESS PHONE: 9738024284 MAIL ADDRESS: STREET 1: 751 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07102 SC 13D/A 1 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No. 1 )* MERIDIAN INDUSTRIAL TRUST, INC. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.001 par value --------------------------------------------------- (Title of Class of Securities) 589643105 ---------- (CUSIP Number) Ellen Kendall, Esq. Bernard Peterson, Esq. c/o Prudential Real Estate Investors c/o Prudential Real Estate Investors 8 Campus Drive 8 Campus Drive Parsippany, New Jersey 07054 Parsippany, New Jersey 07054 (973) 683-1696 (973) 734-1478 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 9, 1999 ------------------------------------------------------ (Date of Event which Requires Filing of this Statement) If the 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 / /. 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. 589643105 - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON The Prudential Insurance Company of America I.R.S. NUMBER OF REPORTING PERSON (Intentionally Omitted) - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (b) / / - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS WC and OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER SHARES BENEFICIALLY 8,051,238 Shares OWNED BY EACH (8) SHARED VOTING POWER REPORTING PERSON 506,894 Shares (9) SOLE DISPOSITIVE POWER 7,109,450 Shares (10) SHARED DISPOSITIVE POWER -0- Shares - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,558,132 Shares ** - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.01 % - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON IC, CO, IA **This Schedule 13D amendment is being filed pursuant to Rule 13d-2(a) under the Securities Exchange Act of 1934 to report a decrease in the percentage of the Company's common shares beneficially owned by the reporting persons as a result of the disposition of such shares in an aggregate amount equal to 1% or more of the class of securities. CUSIP No. 589643105 - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON Strategic Performance Fund-II, Inc. I.R.S. NUMBER OF REPORTING PERSON (Intentionally Omitted) - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (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 Maryland - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER SHARES BENEFICIALLY -0- Shares OWNED BY EACH (8) SHARED VOTING POWER REPORTING PERSON -0- Shares (9) SOLE DISPOSITIVE POWER 941,788 Shares (10) SHARED DISPOSITIVE POWER -0- Shares - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 941,788 Shares - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.97 % - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON CO CUSIP No. 589643105 - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON The Prudential Variable Contract Real Property Partnership I.R.S. NUMBER OF REPORTING PERSON (Intentionally Omitted) - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/ (b) / / - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- (5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER SHARES BENEFICIALLY -0- Shares OWNED BY EACH (8) SHARED VOTING POWER REPORTING PERSON 506,894 Shares (9) SOLE DISPOSITIVE POWER 506,894 Shares (10) SHARED DISPOSITIVE POWER -0- Shares - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 506,894 Shares - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.60 % - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON PN ITEM 1. SECURITY AND THE ISSUER See Schedule 13D filed by The Prudential Insurance Company of America, on October 3, 1997. ITEM 2. IDENTIFY AND BACKGROUND See Schedule 13D filed by The Prudential Insurance Company of America, on October 3, 1997. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION See Schedule 13D filed by The Prudential Insurance Company of America, on October 3, 1997. ITEM 4. PURPOSE OF TRANSACTION See Schedule 13D filed by The Prudential Insurance Company of America, on October 3, 1997. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Prudential beneficially owns 8,558,132 Shares, or approximately 27.01 % of the 31,689,000 Shares (excluding the 2,272,727 shares of Series B Convertible Preferred Stock of the Company that are convertible into Shares) issued and outstanding as of March 9, 1998 (after giving effect to the issuance of 8,203,444 Shares to Prudential, SPF-II and Prudential Variable Contract Partnership on September 24, 1997 and 808,888 Shares to the Chevron Separate Account on August 29, 1997). Of such 8,558,132 Shares, Prudential directly beneficially owns 3,801,703 Shares for its general account and 3,307,747 Shares on behalf of the Separate Accounts (i.e., 675,288 on behalf of the Chevron Separate Account, 1,106,931 on behalf of the SPF-I Separate Account and 1,525,528 on behalf of the Western Conference of Teamsters Separate Account). In addition, Prudential may be deemed to beneficially own 941,788 Shares held directly by SPF-II by virtue of Prudential's right to direct the votes of such Shares in accordance with the terms of the SPF-II Management Agreement, and Prudential may be deemed to beneficially own 506,894 Shares held directly by Prudential Variable Contract Partnership by virtue of Prudential's right to direct the votes of such Shares in accordance with the terms of the Prudential Variable Contract Partnership Management Agreement. SPF-II directly beneficially owns 941,788 Shares or approximately 2.97% of the 31,689,000 Shares issued and outstanding as of March 9, 1999 (after giving effect to the issuance of 8,203,444 Shares to Prudential, SPF-II and Prudential Variable Contract Partnership on September 24, 1997 and 808,888 Shares to the Chevron Separate Account on August 29, 1997), and Prudential Variable Contract Partnership directly beneficially owns 506,894 Shares or approximately 1.60 % of the 31,689,000 Shares issued and outstanding as of March 9, 1999 (after giving effect to the issuance of 8,203,444 Shares to Prudential, SPF-II and Prudential Variable Contract Partnership on September 24, 1997 and 808,888 Shares to the Chevron Separate Account on August 29, 1997). (b) Prudential has the sole power to vote or direct the vote and the sole power to dispose or direct the disposition of the 3,801,703 Shares directly and beneficially owned by it on behalf of its general account and the 3,307,747 Shares directly and beneficially owned by it on behalf of the Separate Accounts. Prudential has the sole power to direct the vote with respect to the 941,788 Shares held directly by SPF-II pursuant to the SPF-II Management Agreement. Prudential also has the power to direct the vote with respect to the 506,894 Shares held directly by Prudential Variable Contract Partnership pursuant to the Prudential Variable Contract Partnership Management Agreement. SPF-II has the sole power to direct the disposition of the 941,788 Shares held by SPF-II. Prudential Variable Contract Partnership has the sole power to direct the dispositions of the 506,894 Shares held by it and the power to direct the vote (along with Prudential pursuant to the Prudential Variable Contract Partnership Management Agreement) of the 506,894 Shares held by Prudential Variable Contract Partnership. (c) In the past sixty days, Prudential, on behalf of the Separate Accounts, engaged in the following transactions in common shares of the Company: 1/22/99 sold 9,600 shares @ $23.875 per share 2/22/99 sold 50,000 shares @ $23.733 per share 2/23/99 sold 150,000 shares @ $24.083 per share 2/24/99 sold 72,800 shares @ $24.136 per share 2/25/99 sold 20,400 shares @ $23.924 per share 2/26/99 sold 11,600 shares @ $23.875 per share 2/26/99 sold 10,300 shares @ $23.938 per share 2/26/99 sold 7,500 shares @ $24.000 per share 3/1/99 sold 9,200 shares @ $24.013 per share 3/2/99 sold 2,400 shares @ $24.000 per share 3/2/99 sold 25,000 shares @ $23.500 per share 3/3/99 sold 9,400 shares @ $23.500 per share 3/4/99 sold 4,000 shares @ $23.500 per share In the past sixty days, SPF-II engaged in the following transactions in common shares of the Company: 2/25/99 sold 29,500 shares @ $23.924 per share 2/26/99 sold 16,000 shares @ $23.875 per share 2/26/99 sold 4,600 shares @ $24.000 per share 2/26/99 sold 15,000 shares @ $23.938 per share 3/1/99 sold 5,400 shares @ $24.013 per share 3/2/99 sold 1,500 shares @ $24.000 per share All of the transactions listed above were effected in the open market, on the New York Stock Exchange, during the ordinary course of business. (d) Not applicable (e) Not applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF ISSUER See Schedule 13D filed by The Prudential Insurance Company of America, on October 3, 1997. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS Not applicable. 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. March 29, 1999 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA By: /s/ Ellen McGlynn Koke ------------------------------------------------------- Name: Ellen McGlynn Koke Title: Second Vice President STRATEGIC PERFORMANCE FUND-II, INC. By: /s/ Joel W. Stoesser ------------------------------------------------------- Name: Joel W. Stoesser Title: President THE PRUDENTIAL VARIABLE CONTRACT REAL PROPERTY PARTNERSHIP By: THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, its general partner By: /s/ Roger S. Pratt ------------------------------------------------------- Name: Roger S. Pratt Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----