-----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, UkBmw2+8rrB5jB9IC8oFtARHCh+YFFWeQh/pUtBam5y3C1zErNxjfqrR8zZxcD9c xhtY6DVbBMM5qvOhDGNZPw== 0000904454-97-000051.txt : 19970222 0000904454-97-000051.hdr.sgml : 19970222 ACCESSION NUMBER: 0000904454-97-000051 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970218 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KING WORLD PRODUCTIONS INC CENTRAL INDEX KEY: 0000756764 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE DISTRIBUTION [7822] IRS NUMBER: 132565808 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-35700 FILM NUMBER: 97536906 BUSINESS ADDRESS: STREET 1: 1700 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2123154000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KING ROGER ET AL CENTRAL INDEX KEY: 0000898162 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1301 SPANISH RIVER RD CITY: BOCA RATON STATE: FL ZIP: 33432 BUSINESS PHONE: 2128415755 MAIL ADDRESS: STREET 1: 1301 SPANISH RIVER RD CITY: BOCA RATON STATE: FL ZIP: 33432 SC 13D 1 CUSIP No. 495667105 Page 1 of 11 Pages SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 9) King World Productions, Inc. _________________________________________________________________ (Name of Issuer) Common Stock, $.01 par value _________________________________________________________________ (Title of Class of Securities) 495667105 _________________________________________________________________ (CUSIP Number) Roger King Mark J. Tannenbaum, Esq. King World Productions, Inc. Reboul, MacMurray, Hewitt, 1700 Broadway Maynard & Kristol New York, New York 10019 45 Rockefeller Plaza Tel. (212) 315-4000 New York, New York 10111 Tel. (212) 841-5700 _________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 10, 1997 ____________________________________ (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 follow- ing box [ ]. CUSIP No. 495667105 Page 2 of 11 Pages 1) Name of Reporting Person Roger King S.S. or I.R.S. Identification No. of Above Person _________________________________________________________________ 2) Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds Not Applicable _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Not Applicable Required Pursuant to Items 2(d) or 2(e) _________________________________________________________________ 6) Citizenship or Place of Organization United States _________________________________________________________________ Number of 7) Sole Voting 2,052,338 shares of Shares Beneficially Power Common Stock, $.01 Owned by Each par value Reporting Person: ________________________________________ 8) Shared Voting Power 0 ________________________________________ 9) Sole Disposi- 2,052,338 shares of tive Power Common Stock, $.01 par value ________________________________________ 10) Shared Dis- positive Power 0 ________________________________________ 11) Aggregate Amount Beneficially 2,052,338 shares of Owned by Each Reporting Person Common Stock, $.01 par value _________________________________________________________________ 12) Check if the Aggregate Excludes 5,750 shares Amount in Row (11) of Common Stock, $.01 par Excludes Certain Shares value, held by the Reporting Person's wife _________________________________________________________________ 13) Percent of Class Represented by 5.5% Amount in Row (11) _________________________________________________________________ 14) Type of Reporting CUSIP No. 495667105 Page 3 of 11 Pages Person IN _________________________________________________________________ 1) Name of Reporting Person Michael King S.S. or I.R.S. Identification No. of Above Person _________________________________________________________________ 2) Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds Not Applicable _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Not Applicable Required Pursuant to Items 2(d) or 2(e) _________________________________________________________________ 6) Citizenship or Place of Organization United States _________________________________________________________________ Number of 7) Sole Voting 2,458,150 shares of Shares Beneficially Power Common Stock, $.01 Owned by Each par value Reporting Person: ________________________________________ 8) Shared Voting Power 0 ________________________________________ 9) Sole Disposi- 2,458,150 shares of tive Power Common Stock, $.01 par value ________________________________________ 10) Shared Dis- positive Power 0 ________________________________________ 11) Aggregate Amount Beneficially 2,458,150 shares of Owned by Each Reporting Person Common Stock, $.01 par value _________________________________________________________________ 12) Check if the Aggregate Excludes 600 shares of Amount in Row (11) Common Stock, $.01 par Excludes Certain Shares value, indirectly owned by the Reporting Person's wife _________________________________________________________________ CUSIP No. 495667105 Page 4 of 11 Pages (13) Percent of Class Represented by 6.6% Amount in Row (11) _________________________________________________________________ 14) Type of Reporting Person IN _________________________________________________________________ 1) Name of Reporting Person Richard King S.S. or I.R.S. Identification No. of Above Person _________________________________________________________________ 2) Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds Not Applicable _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Not Applicable Required Pursuant to Items 2(d) or 2(e) _________________________________________________________________ 6) Citizenship or Place of Organization United States _________________________________________________________________ Number of 7) Sole Voting 1,903,890 shares of Shares Beneficially Power Common Stock, $.01 Owned by Each par value Reporting Person: ________________________________________ 8) Shared Voting Power 0 ________________________________________ 9) Sole Disposi- 1,903,890 shares of tive Power Common Stock, $.01 par value ________________________________________ 10) Shared Dis- positive Power 0 ________________________________________ 11) Aggregate Amount Beneficially 1,903,890 shares of Owned by Each Reporting Person Common Stock, $.01 par value _________________________________________________________________ CUSIP No. 495667105 Page 5 of 12 Pages CUSIP No. 495667105 Page 5 of 11 Pages (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares _________________________________________________________________ 13) Percent of Class Represented by 5.1% Amount in Row (11) _________________________________________________________________ 14) Type of Reporting Person IN CUSIP No. 495667105 Page 6 of 11 Pages _________________________________________________________________ 1) Name of Reporting Person Diana King S.S. or I.R.S. Identification No. of Above Person _________________________________________________________________ (2) Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds Not Applicable _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Not Applicable Required Pursuant to Items 2(d) or 2(e) __________________________________________________________________ 6) Citizenship or Place of Organization United States __________________________________________________________________ Number of 7) Sole Voting 2,094,753 shares of Shares Beneficially Power Common Stock, $.01 Owned by Each par value Reporting Person: ________________________________________ 8) Shared Voting 20,600 shares of Power Common Stock, $.01 par value ________________________________________ 9) Sole Disposi- 2,094,753 shares of tive Power Common Stock, $.01 par value ________________________________________ 10) Shared Dis- 20,600 shares of positive Power Common Stock, $.01 par value ________________________________________ 11) Aggregate Amount Beneficially 2,115,353 shares of Owned by Each Reporting Person Common Stock, $.01 par value _________________________________________________________________ 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares _________________________________________________________________ 13) Percent of Class Represented by 5.7% Amount in Row (11) CUSIP No. 495667105 Page 7 of 11 Pages _________________________________________________________________ 14) Type of Reporting Person IN CUSIP No. 495667105 Page 8 of 11 Pages Amendment No. 9 to Schedule 13D Reference is hereby made to the statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "Commis- sion") on July 23, 1985 with respect to the Common Stock, $.01 par value (the "Common Stock") of King World Productions, Inc., a Delaware Corpora- tion ("King World" or the "Issuer"), as amended by Amendment No. 1 thereto filed on June 11, 1987, Amendment No. 2 thereto filed on January 13, 1988, Amendment No. 3 thereto filed on May 10, 1991, Amendment No. 4 thereto filed on December 31, 1992, Amendment No. 5 thereto filed on March 12, 1993, Amendment No. 6 thereto filed on July 7, 1993, Amendment No. 7 thereto filed on January 12, 1995 and Amendment No. 8 thereto filed on May 8, 1996 (as so amended, the "Schedule 13D"). Item 4. Purpose of the Transaction. Item 4 of the Schedule 13D is hereby amended and restated to read in its entirety as follows: The Reporting Persons hold their Common Stock for purposes of controlling and managing King World and for investment purposes. To the extent permitted by the New Shareholders' Agreement referred to in Item 6, the Reporting Persons, or any of them, from time to time may dispose of shares of Common Stock they own in the public securities markets, at prices they deem attractive. Item 5. Interest in Securities of theIssuer. Item 5 of the Schedule 13D is hereby amended and restated to read in its entirety as follows: (a) The following information is based on a total of 37,360,196 shares of Common Stock outstanding, as reported in the Issuer's most recent proxy statement dated December 5, 1996. As of the date hereof, Roger King beneficially owns 2,052,338 shares of Common Stock, or approximately 5.5% of the Common Stock outstand- ing, and Michael King beneficially owns 2,458,150 shares of Common Stock, or approximately 6.6% of the Common Stock outstanding, which calculations include presently-exercisable options held by each of Roger King and Michael King to purchase 540,000 shares of Common Stock. Richard King beneficially owns 1,903,890 shares of Common Stock, or approximately 5.1% of the Common Stock outstanding. Diana King beneficially owns 2,115,353 shares of Common Stock, or approximately 5.7% of the Common Stock outstand- ing. Collectively, the Reporting Persons beneficially own an aggregate 8,529,731 shares of Common Stock, or approximately 22.8% of the Common Stock outstanding. CUSIP No. 495667105 Page 9 of 11 Pages (b) Of the shares of Common Stock reported as beneficially owned by Diana King, 20,600 shares are held by a charitable foundation of which she is a director and an officer, and she may be deemed to share the power to vote, direct the vote, dispose, or direct the disposition of such shares. Otherwise, each of the Reporting Persons holds all of his or her Common Stock with the sole power to vote, direct the vote, dispose or direct the disposition thereof. (c) Not Applicable. (d) Except as described in this statement, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock owned by the Reporting Persons. (e) Not Applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. Item 6 of the Schedule 13D is hereby amended and restated to read in its entirety as follows: On February 10, 1997, the Issuer and the Reporting Persons agreed to the termination of the Shareholders' Agreement dated as of May 1, 1991 among them, and entered into a new stockholders' agreement (the "New Share- holders' Agreement"), pursuant to which they agreed to restrict their aggregate public sales of shares of Common Stock to the number of shares that could be sold by them as a group under Rule 144 under the Securities Act of 1933, as amended, if they were all acting in concert with resepct to such sales (the "Rule 144 Volume Limit"). Except as otherwise agreed among or between the Reporting Persons, or as necessitated by decreases in the Rule 144 Volume Limit, each Reporting Person will have the right, in any three month period, to sell a number of shares of Common Stock equal to 25% of the Rule 144 Volume Limit. The New Shareholders' Agreement will terminate will terminate as to any Shareholder if (i) such Shareholder is not, and has not been for a ninety day period, an "affiliate" of the Company (within the meaning of paragraph (a)(1) of Rule 144) and is not acting in concert with any other Shareholder with respect to his or her sales of Common Stock or (ii) such Shareholder's aggregate ownership of Common Stock is less than 500,000 shares. The New Shareholders' Agreement does not apply to shares of Common Stock sold pursuant to an effective registration statement or to private sales. The Issuer does not have any right of first refusal on sales of Common Stock by the Reporting Persons under the New Shareholders' Agreement. The foregoing description of the New Shareholders' Agreement is qualified in its entirety by reference to the New Shareholders' Agreement, which is incorporated by reference in Exhibit A hereto. CUSIP No. 495667105 Page 10 of 11 Pages Item 7. Material to be Filed_as_Exhibits. CUSIP No. 495667105 Page 8 of 12 Pages Exhibit A -- New Shareholders' Agreement, dated as of February 10, 1997 (incorporated by refernce to Exhibit 10.1 to the Issuer's current report on Form 8-K dated February 12, 1997). CUSIP No. 495667105 Page 11 of 11 Pages Signature _________ After reasonable inquiry and the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Date: February 14, 1997 /s/ Roger King ______________________________ Roger King /s/ Michael King ______________________________ Michael King /s/ Richard King _____________________________ Richard King /s/ Diana King _____________________________ Diana King -----END PRIVACY-ENHANCED MESSAGE-----