-----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, TR/8gxVYeQZi4RSxfIiOyCjkSXVWS9nximB7GzlesDPzZbXTjyzLJy3Cvt/ALetc g2NvhylfKNzZmFBtJE2ODQ== 0000919574-97-001021.txt : 19971111 0000919574-97-001021.hdr.sgml : 19971111 ACCESSION NUMBER: 0000919574-97-001021 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971110 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL AIRLINE SUPPORT GROUP INC CENTRAL INDEX KEY: 0000859307 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080] IRS NUMBER: 592223025 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42216 FILM NUMBER: 97710977 BUSINESS ADDRESS: STREET 1: 1954 AIRPORT RD STREET 2: STE 200 CITY: ATLANTA STATE: GA ZIP: 30341 BUSINESS PHONE: 3055932658 MAIL ADDRESS: STREET 1: 8095 NW 64TH STREET CITY: MIAMI STATE: FL ZIP: 33166 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARDINAL CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000944481 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061422705 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE FAWCETT PL CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038638990 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Name of Issuer: International Airline Support Group, Inc. Title of Class of Securities: Common Stock, $.001 par value CUSIP Number: 458865 201 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) Hannah H. Strasser Cardinal Capital Management, L.L.C. One Fawcett Place Greenwich, Connecticut 06830 (Date of Event which Requires Filing of this Statement) September 23, 1997 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 [ ]. *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 ("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). 1 CUSIP No. 458865 201 1. Name of Reporting Person I.R.S. Identification No. of Above Person Cardinal Capital Management, L.L.C. 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 if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) of 2(e) 6. Citizenship or Place of Organization Delaware 7. Sole Voting Power 8. Shared Voting Power 0 9. Sole Dispositive Power 10. Shared Dispositive Power 0 2 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* 13. Percent of Class Represented by Amount in Row (11) 14. Type of Reporting Person* IA *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 CUSIP No. 458865 201 1. Name of Reporting Person I.R.S. Identification No. of Above Person Cardinal Recovery Partners, L.P. 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 if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) of 2(e) 6. Citizenship or Place of Organization Delaware 7. Sole Voting Power 8. Shared Voting Power 0 9. Sole Dispositive Power 10. Shared Dispositive Power 0 4 11. Aggregate Amount Beneficially Owned by Each Reporting Person 0 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* 13. Percent of Class Represented by Amount in Row (11) 14. Type of Reporting Person* PN *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 The Reporting Persons are filing this Amendment No. 1 to Schedule 13D to report that their beneficial ownership of shares of Common Stock (the "Shares") of International Airline Support Group, Inc. (the "Company") is less than 5%. Item 1. Security and Issuer No change. Item 2. Identity and Background No change. Item 3. Source and Amount of Funds or Other Consideration As of the date hereof, Cardinal Capital and the Partnership are deemed to be the beneficial owners of 0 Shares. Item 4. Purpose of Transaction No change. Item 5. Interest in Securities of the Issuer As of the date hereof, Cardinal Capital and the Partnership are deemed to be the beneficial owners of 0 Shares. Based on the Company's most recent Form 10-K, there are believed to be 2,395,095 Shares outstanding. Cardinal Capital and the Partnership are deemed to be the beneficial owners of 0% of the outstanding Shares. The transactions in the Shares that were effected during the past 60 days by the Reporting Persons are described in Exhibit A attached hereto. The Reporting Persons ceased to be beneficial owners of more than 5% of the Shares on September 23, 1997. 6 Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer No change. Item 7. Material to Be Filed as Exhibits Exhibit A: Transactions in Common Stock. Exhibit B: Joint Filing Agreement. 7 Signature Each of the undersigned, after reasonable inquiry and to the best of each of their knowledge and belief, certifies that the information set forth in this statement is true, complete and correct. November 7, 1997 Cardinal Capital Management, L.L.C. By: /s/ Anne C. Yobage Cardinal Recovery Partners, L.P. By: Cardinal Capital Management, L.L.C., General Partner By: /s/ Anne C. Yobage 8 01269001.AF5 EXHIBIT A Daily Transactions* - Common Stock Trade Date Number of Shares Price Per Share 8/08/97 (25,000) $7.446 8/12/97 (25,000) 7.949 9/22/97 (113,000) 8.440 9/23/97 (351,386) 8.450 ___________________ * Each transaction listed above was an open market transaction. 9 01269001.AF5 Exhibit B AGREEMENT The undersigned agree that this Schedule 13D dated November 7, 1997 relating to the shares of common stock of International Airline Support Group, Inc. should be filed on behalf of the undersigned. Cardinal Capital Management, L.L.C. By: /s/ Anne C. Yobage Cardinal Recovery Partners, L.P. By: Cardinal Capital Management, L.L.C., General Partner By: /s/ Anne C. Yobage 10 01269001.AF5 -----END PRIVACY-ENHANCED MESSAGE-----