-----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, PxfhUEpEZ8filN1ADrMRhS/H/mMH6jBnXdADVWxS+y+OwTxIv6WgdaBwlo99yYZZ biUAOC76UPIs1kLIDAjt1Q== 0000950133-99-001480.txt : 19990427 0000950133-99-001480.hdr.sgml : 19990427 ACCESSION NUMBER: 0000950133-99-001480 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990426 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SURETY CAPITAL CORP /DE/ CENTRAL INDEX KEY: 0000784932 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 752065607 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-40438 FILM NUMBER: 99600550 BUSINESS ADDRESS: STREET 1: 1845 PRECINCT LINE RD STE 100 CITY: HURST STATE: TX ZIP: 76054 BUSINESS PHONE: 8174982749 MAIL ADDRESS: STREET 1: 1845 PRECINCT LINE RD STE 100 CITY: HURST STATE: TX ZIP: 76054 FORMER COMPANY: FORMER CONFORMED NAME: K CAPITAL INC DATE OF NAME CHANGE: 19870407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARLSON CAPITAL L P CENTRAL INDEX KEY: 0001056973 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752494317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 301 COMMERCE STREET STREET 2: SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173326855 MAIL ADDRESS: STREET 1: 301 COMMERCE ST STREET 2: STE. 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 SC 13D/A 1 AMENDMENT NO. 4 TO SCHEDULE 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13D/A (RULE 13d-101) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.4)* SURETY CAPITAL CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 868666207 - -------------------------------------------------------------------------------- (CUSIP number) Howard B. Adler, Esq. Gibson, Dunn & Crutcher LLP 1050 Connecticut Avenue, N.W. Washington, D.C. 20036 (202) 955-8589 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) April 21, 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(e), 13d-1(f) or 13d-1(g), check the following box [ ]. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) 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). (Page 1 of 6 Pages) 2 - ------------------- ----------------- CUSIP NO. 868666207 13D/A PAGE 2 OF 6 PAGES --- --- - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS CARLSON CAPITAL, L.P. I.R.S. IDENTIFICATION NO. 75-249-4317 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)[ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 519,300 ---------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 ---------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 519,300 ---------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 519,300 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA, PN - -------------------------------------------------------------------------------- (Page 2 of 6 Pages) 3 This Amendment No. 4 to the original statement of beneficial ownership on Schedule 13D filed by the Reporting Person on August 27, 1998, as amended by Amendment No. 1 filed on December 9, 1998, by Amendment No. 2 filed on February 9, 1999, and by Amendment No. 3 filed on February 25, 1999, has been prepared to report the purchase and sale by the Reporting Person of shares of the Issuer. Defined terms used herein that are not otherwise defined herein have the meanings ascribed to them in the Reporting Person's original Schedule 13D filing or amendments thereto, as applicable. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION Item 3 is hereby amended to include the following: All of the funds used to make the purchases of additional Shares acquired by the Reporting Person (as set forth on Exhibit A hereto) came from the working capital of the investment funds and managed accounts directed by the Reporting Person. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Items 5(a), (b) and (c) are hereby amended as follows: (a) This statement on Schedule 13D relates to 519,300 shares of Common Stock deemed beneficially owned by the Reporting Person, which constitute approximately 9.0% of the issued and outstanding shares of Common Stock. (b) The Reporting Person has sole voting and dispositive power with respect to 519,300 shares of Common Stock. (c) In the past 60 days, accounts managed by the Reporting Person purchased and sold shares of Common Stock on the dates, in the amounts and at the prices set forth on Exhibit A annexed hereto and incorporated by reference herein. All of such purchases and sales were made on the open market. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A: Transactions in Shares of Common Stock in Past 60 Days. (Page 3 of 6 Pages) 4 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. Dated: April 23, 1999 CARLSON CAPITAL, L.P. /s/ Clint D. Carlson ------------------------------------------------------- By: Clint D. Carlson, President of the General Partner (Page 4 of 6 Pages) 5 EXHIBIT A Transactions in Shares of Common Stock In Past 60 Days
Transactions by Account No. 1 - ------------------------------ ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -1,175.0 3.1250 ------------------------------------------------------------------------ BUY 04/05/99 840.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 800.0 1.5625 ------------------------------------------------------------------------ BUY 04/21/99 525.0 1.3750 ========================================================================
Transactions by Account No. 2 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -3,935.0 3.1250 ------------------------------------------------------------------------ SELL 03/15/99 -2,500.0 2.9000 ------------------------------------------------------------------------ BUY 04/01/99 3,900.0 1.6250 ------------------------------------------------------------------------ BUY 04/05/99 4,620.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 4,000.0 1.5625 ========================================================================
Transactions by Account No. 3 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -7,440.0 3.1250 ------------------------------------------------------------------------ SELL 03/15/99 -5,000.0 2.9000 ------------------------------------------------------------------------ BUY 03/31/99 1,500.0 1.5625 ------------------------------------------------------------------------ BUY 04/05/99 8,400.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 8,000.0 1.5625 ------------------------------------------------------------------------ BUY 04/21/99 57,025.0 1.3750 ========================================================================
(Page 5 of 6 Pages) 6 EXHIBIT A Transactions in Shares of Common Stock In Past 60 Days
Transactions by Account No. 5 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -4,660.0 3.1250 ------------------------------------------------------------------------ SELL 03/12/99 -2,000.0 2.9375 ------------------------------------------------------------------------ SELL 03/15/99 -2,500.0 2.9000 ------------------------------------------------------------------------ BUY 04/05/99 4,620.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 4,000.0 1.5625 ========================================================================
Transactions by Account No. 6 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -1,325.0 3.1250 ------------------------------------------------------------------------ BUY 04/05/99 1,260.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 1,600.0 1.5625 ------------------------------------------------------------------------ BUY 04/21/99 2,595.0 1.3750 ========================================================================
Transactions by Account No. 7 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ SELL 03/01/99 -1,465.0 3.1250 ------------------------------------------------------------------------ BUY 04/05/99 1,260.0 1.5179 ------------------------------------------------------------------------ BUY 04/06/99 1,600.0 1.5625 ------------------------------------------------------------------------ BUY 04/21/99 9,515.0 1.3750 ========================================================================
Transactions by Account No. 8 - ----------------------------- ======================================================================== Trade Type Trade Date Quantity Price ($) ---------- ---------- -------- --------- ------------------------------------------------------------------------ BUY 04/16/99 15,000.0 1.2500 ------------------------------------------------------------------------ BUY 04/21/99 82,040.0 1.3750 ========================================================================
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