-----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, ILv5prRe4AQ8D8WvSdo30qIMlchTghSd4dSCElKzesIfo6QN1pSwpw2hz4U2FQmB HkClZQRC3Obx+NKv+d126A== 0000912057-01-517353.txt : 20010524 0000912057-01-517353.hdr.sgml : 20010524 ACCESSION NUMBER: 0000912057-01-517353 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010523 GROUP MEMBERS: CITICORP GROUP MEMBERS: CITICORP BANKING CORPORATION GROUP MEMBERS: CITICORP INTERNATIONAL FINANCE CORPORATION GROUP MEMBERS: CITIGROUP HOLDINGS COMPANY GROUP MEMBERS: CITIGROUP INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENOVA SYSTEMS INC CENTRAL INDEX KEY: 0000922237 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 953056150 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-50689 FILM NUMBER: 1646701 BUSINESS ADDRESS: STREET 1: 19850 SOUTH MAGELLAN DR STREET 2: SUITE 305 CITY: TORRANCE STATE: CA ZIP: 90502 BUSINESS PHONE: 3105272800 MAIL ADDRESS: STREET 1: 19850 SOUTH MAGELLAN DR STREET 2: SUITE 305 CITY: TORRANCE STATE: CA ZIP: 90502 FORMER COMPANY: FORMER CONFORMED NAME: US ELECTRICAR INC DATE OF NAME CHANGE: 19940425 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITIGROUP INC CENTRAL INDEX KEY: 0000831001 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521568099 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10043 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS GROUP INC DATE OF NAME CHANGE: 19950519 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS INC DATE OF NAME CHANGE: 19940103 FORMER COMPANY: FORMER CONFORMED NAME: PRIMERICA CORP /NEW/ DATE OF NAME CHANGE: 19920703 SC 13D/A 1 a2050362zsc13da.txt SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 7)* Enova Systems, Inc. f/k/a U.S. Electricar Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, no par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 29355M-10-1 ------------------------------------------------------- (CUSIP Number) Joseph B. Wollard, Esq. Citigroup Inc. 425 Park Avenue, 3rd Floor New York, NY 10043 (212) 559-1000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 2, 2001 ------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 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). SCHEDULE 13D - --------------------------- --------------------------- CUSIP NO. 29355M-10-1 PAGE 1 OF 13 PAGES - --------------------------- --------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citicorp International Finance Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 33,902,454 ------------------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 ------------------------------------------------------------ WITH 10 SHARED DISPOSITIVE POWER 33,902,454 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,902,454 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D - --------------------------- --------------------------- CUSIP NO. 29355M-10-1 PAGE 2 OF 13 PAGES - --------------------------- --------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citicorp Banking Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 33,902,454** ------------------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 ------------------------------------------------------------ WITH 10 SHARED DISPOSITIVE POWER 33,902,454** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,902,454** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.9%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** Represents shares directly beneficially owned by Citicorp International Finance Corporation. SCHEDULE 13D - --------------------------- --------------------------- CUSIP NO. 29355M-10-1 PAGE 3 OF 13 PAGES - --------------------------- --------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citicorp - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 33,902,454** ------------------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 ------------------------------------------------------------ WITH 10 SHARED DISPOSITIVE POWER 33,902,454** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,902,454** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.9%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** Represents shares directly beneficially owned by Citicorp International Finance Corporation. SCHEDULE 13D - --------------------------- --------------------------- CUSIP NO. 29355M-10-1 PAGE 4 OF 13 PAGES - --------------------------- --------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citigroup Holdings Company - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 33,902,454** ------------------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 ------------------------------------------------------------ WITH 10 SHARED DISPOSITIVE POWER 33,902,454** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,902,454** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.9%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** Represents shares directly beneficially owned by Citicorp International Finance Corporation. SCHEDULE 13D - --------------------------- --------------------------- CUSIP NO. 29355M-10-1 PAGE 5 OF 13 PAGES - --------------------------- --------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citigroup Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 33,926,054** ------------------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 ------------------------------------------------------------ WITH 10 SHARED DISPOSITIVE POWER 33,926,054** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,926,054** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.9%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** Represents shares directly beneficially owned by Citicorp International Finance Corporation and other wholly owned subsidiaries of Citigroup Inc. This Amendment No. 7 to a Schedule 13D filed on December 7,1999, as amended by each of Amendment No. 1 filed on January 21, 2000, Amendment No. 2 filed on February 17, 2000, Amendment No. 3 filed on March 13, 2000, Amendment No. 4 filed on April 6, 2000, Amendment No. 5 filed on June 29, 2000 and Amendment No. 6 filed on January 8, 2001 relates to the Common Stock, no par value, of Enova Systems, Inc., formerly known as U.S. Electricar, Inc., a California corporation ("Enova" or the "Company"). Information in prior amendments and the original Schedule 13D remains in effect except to the extent that is superseded by subsequently filed information, including the information contained in this Amendment No. 7. Information given in response to each item shall be deemed incorporated by reference in all other items. Terms used and not defined herein have the meaning ascribed to them in said Schedule 13D. Item 2. IDENTITY AND BACKGROUND (a) This Amendment No. 7 to a Statement on Schedule 13D is being filed by each of the following persons pursuant to Rule 13(d)-(1)(f) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of 1934: (i) Citicorp International Finance Corporation ("Citicorp International Finance"), a Delaware corporation, by virtue of its direct beneficial ownership of the Company's Common Stock; (ii) Citicorp Banking Corporation ("Citicorp Banking"), by virtue of its ownership of all outstanding common stock of Citicorp International Finance; (iii) Citicorp, by virtue of its ownership of all outstanding common stock of Citicorp Banking; (iv) Citigroup Holdings Company ("Citigroup Holdings"), by virtue of its ownership of all outstanding common stock of Citicorp; and (v) Citigroup Inc. ("Citigroup"), by virtue of is ownership of all outstanding common stock of Citigroup Holdings (each, a "Reporting Person" and collectively, the "Reporting Persons"). Page 6 of 13 Pages Item 5. INTEREST IN SECURITIES OF THE ISSUER. The table below contains information about all transactions by Citicorp International Finance since the filing of the Schedule 13D Amendment No. 6 on January 8, 2001.
Title of security Date of sale Number of Price per share Amount owned shares sold after sale - ----------------- ------------ ----------- --------------- ------------ Common stock 1/9/2001 100,000 $0.27 36,002,454 Common stock 1/11/2001 250,000 $0.28 35,752,454 Common stock 1/12/2001 250,000 $0.25 35,502,454 Common stock 1/16/2001 250,000 $0.28 35,252,454 Common stock 1/17/2001 250,000 $0.29 35,002,454 Common stock 1/18/2001 150,000 $0.28 34,852,454 Common stock 1/22/2001 250,000 $0.28 34,602,454 Common stock 1/24/2001 100,000 $0.26 34,502,454 Common stock 1/25/2001 100,000 $0.28 34,402,454 Common stock 1/31/2001 250,000 $0.25 34,152,454 Common stock 2/1/2001 250,000 $0.25 33,902,454
Page 7 of 13 Pages The percentages calculated in this Item 5 are based upon 244,316,000 shares of common stock outstanding as of May 13, 2001, as disclosed in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2001. CITICORP INTERNATIONAL FINANCE The following is being provided as of May 23, 2001 with respect to Citicorp International Finance's direct beneficial ownership of the Issuer's common stock. (a) Amount Beneficially Owned: 33,902,454 (b) Percent of Class: 13.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote................................. 0 (ii) shared power to vote or direct the vote................................. 33,902,454 (iii) sole power to dispose or to direct the disposition of....................... 0 (iv) shared power to dispose or to direct the disposition of....................... 33,902,454
CITICORP BANKING Citicorp Banking is the parent company of Citicorp International Finance. The following information is being provided as of May 23, 2001 with respect to Citicorp Banking's indirect beneficial ownership of the Issuer's common stock. (a) Amount Beneficially Owned: 33,902,454 (b) Percent of Class: 13.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote................................. 0 (ii) shared power to vote or direct the vote................................. 33,902,454 (iii) sole power to dispose or to direct the disposition of....................... 0 (iv) shared power to dispose or to direct the disposition of....................... 33,902,454
Page 8 of 13 Pages CITICORP Citicorp is the parent company of Citicorp Banking. The following information is being provided as of May 23, 2001 with respect to Citicorp's indirect beneficial ownership of the Issuer's common stock. (a) Amount Beneficially Owned: 33,902,454 (b) Percent of Class: 13.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote............................. 0 (ii) shared power to vote or direct the vote............................. 33,902,454 (iii) sole power to dispose or to direct the disposition of................... 0 (iv) shared power to dispose or to direct the disposition of................... 33,902,454
CITIGROUP HOLDINGS Citigroup Holdings is the parent company of Citicorp. The following information is being provided as of May 23, 2001 with respect to Citigroup Holdings' indirect beneficial ownership of the Issuer's common stock. (a) Amount Beneficially Owned: 33,902,454 (b) Percent of Class: 13.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote............................. 0
Page 9 of 13 Pages (ii) shared power to vote or direct the vote............................. 33,902,454 (iii) sole power to dispose or to direct the disposition of................... 0 (iv) shared power to dispose or to direct the disposition of................... 33,902,454
CITIGROUP Citigroup is the parent company of Citigroup Holdings. The following information is being provided as of May 23, 2001 with respect to Citigroup's indirect beneficial ownership of the Issuer's common stock (including shares directly beneficially owned by Citicorp International Finance and other wholly owned subsidiaries of Citigroup Inc.). (d) Amount Beneficially Owned: 33,926,054 (e) Percent of Class: 13.9% (f) Number of shares as to which such person has: (i) sole power to vote or to direct the vote............................. 0 (v) shared power to vote or direct the vote............................. 33,926,054 (vi) sole power to dispose or to direct the disposition of................... 0 (vii) shared power to dispose or to direct the disposition of................... 33,926,054
Page 10 of 13 Pages Item 7. MATERIAL TO BE FILED AS EXHIBITS. EXHIBIT DESCRIPTION A Consent to Joint Filing of Schedule 13D pursuant to Rule 13d-1(k) of the Act. Page 11 of 13 Pages 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: May 23, 2001 CITICORP INTERNATIONAL FINANCE CORPORATION By: /s/ William H. Wolf ------------------------------- Name: William H. Wolf Title: Vice President and Secretary CITICORP BANKING CORPORATION By: /s/ William H. Wolf ------------------------------- Name: William H. Wolf Title: Senior Vice President CITICORP By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP HOLDINGS COMPANY By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP INC. By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary Page 12 of 13 Pages EXHIBIT A Pursuant to Rule 13d-1(k)(1)(iii) of Regulation D of the Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached Schedule 13D Amendment No. 7 is, and any future amendments thereto may be, filed on behalf of each of us. Dated: May 23, 2001 CITICORP INTERNATIONAL FINANCE CORPORATION By: /s/ William H. Wolf ------------------------------- Name: William H. Wolf Title: Vice President and Secretary CITICORP BANKING CORPORATION By: /s/ William H. Wolf ------------------------------- Name: William H. Wolf Title: Senior Vice President CITICORP By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP HOLDINGS COMPANY By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP INC. By: /s/ Joseph B. Wollard -------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary Page 13 of 13 Pages -----END PRIVACY-ENHANCED MESSAGE-----