-----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, UDAgnb1kh2fSeVP/L7Q7iuhtbVFaiOkN/ZLvwjM2MxCSRe1gxt/bpV4QxA8GxJsS 7jdg1BWSV6ewiIXDhVHhcQ== 0000069422-98-000005.txt : 19980313 0000069422-98-000005.hdr.sgml : 19980313 ACCESSION NUMBER: 0000069422-98-000005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980312 SROS: NASD GROUP MEMBERS: INTERGROUP CORP GROUP MEMBERS: THE INTERGROUP CORPORATION, JOHN V. WINFIELD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SANTA FE FINANCIAL CORP CENTRAL INDEX KEY: 0000086759 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 952452529 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-34252 FILM NUMBER: 98564015 BUSINESS ADDRESS: STREET 1: 2251 SAN DIEGO AVE STE A-151 CITY: SAN DIEGEO STATE: CA ZIP: 92110-2926 BUSINESS PHONE: 6192987201 MAIL ADDRESS: STREET 1: PO BOX 80037 CITY: SAN DIEGO STATE: CA ZIP: 92138-0037 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTERGROUP CORP CENTRAL INDEX KEY: 0000069422 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF APARTMENT BUILDINGS [6513] IRS NUMBER: 133293645 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2121 AVE OF THE STARS STREET 2: STE 2020 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105561999 MAIL ADDRESS: STREET 1: 2121 AVE OF THE STARS SUITE 2020 CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: MUTUAL REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19860408 SC 13D/A 1 INTG SCHEDULE 13D AMENDMENT 13 SFEF SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 13) SANTA FE FINANCIAL CORPORATION Name of Issuer Common Stock, Par Value $0.10 Per Share Title of Class of Securities 802014-10-0 CUSIP Number John V. Winfield President and Chairman of the Board The InterGroup Corporation 2121 Avenue of the Stars, Suite 2020 Los Angeles, California 90067 (310) 556-1999 -------------------------------------------- Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications March 2, 1998 ---------------- 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. [ ] 2 CUSIP No. 802014-10-0 - ------------------------------------------------------------------------------ 1. Name of Reporting Person Tax Identification Number The InterGroup Corporation 13-3293645 - ------------------------------------------------------------------------------ 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) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------ Number of 7. Sole Voting Power Shares 306,948 Beneficially ------------------------------------ Owned by 8. Shared Voting Power Each Reporting ------------------------------------ Person 9. Sole Dispositive Power With 306,948 ------------------------------------ 10. Shared Dispositive Power - ------------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 306,948 Shares - ------------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row 11 Excludes Certain Shares [ ] - ------------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row 11 45.8% - ------------------------------------------------------------------------------ 14. Type of Reporting Person CO - ------------------------------------------------------------------------------ 3 CUSIP No. 802014-10-0 - ------------------------------------------------------------------------------ 1. Name of Reporting Person Tax Identification Number John V. Winfield - ------------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------ 3. SEC Use Only - ------------------------------------------------------------------------------ 4. Source of Funds PF - ------------------------------------------------------------------------------ 5. Check if Disclosure of Legal Proceedings is Required pursuant to Items 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. Citizenship or Place of Organization U.S. - ------------------------------------------------------------------------------ Number of 7. Sole Voting Power Shares 24,700 Beneficially ------------------------------------ Owned by 8. Shared Voting Power Each 306,948 Reporting ------------------------------------ Person 9. Sole Dispositive Power With 24,700 ------------------------------------ 10. Shared Dispositive Power 306,948 - ------------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 331,648 Shares - ------------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row 11 Excludes Certain Shares [ ] - ------------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row 11 49.5% - ------------------------------------------------------------------------------ 14. Type of Reporting Person IN - ------------------------------------------------------------------------------ 4 AMENDMENT NO. 13 TO SCHEDULE 13D OF THE INTERGROUP CORPORATION AND JOHN V. WINFIELD REGARDING OWNERSHIP OF COMMON STOCK OF SANTA FE FINANCIAL CORPORATION This Amendment No. 13 to Schedule 13D is being filed by The InterGroup Corporation ("InterGroup") and John V. Winfield to update information previously furnished. This Amendment reflects the purchase by InterGroup of additional shares of Common Stock, $.10 par value (the "Common Stock") of Santa Fe Financial Corporation ("Santa Fe" or the "Company") in a private transaction and additional purchases in open market transactions. The following items of this Schedule 13D are amended. Item 1. Security and Issuer. ------------------- This Amendment to Schedule 13D relates to the Common Stock of Santa Fe. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- InterGroup used working capital as its source of funds for the purchase of the Common Stock. Item 4. Purposes of Transaction. ----------------------- (a) InterGroup and John V. Winfield may, from time to time, purchase additional shares of Common Stock in the open market or in private transactions which could result in InterGroup and Mr. Winfield holding more than 50% of the voting shares of Santa Fe. (d) On March 5, 1998, John C. Love was appointed to the Board of Directors of Santa Fe to fill a vacancy on the Board caused by the resignation of Director Janice Braly-Nelsen on March 2, 1998. Mr. Love serves as an independent director of InterGroup and was also appointed as a director of Santa Fe's subsidiary, Portsmouth Square, Inc. Mr. Love was also nominated, along with two other directors of InterGroup, to be part of management's slate of directors for election at Santa Fe's Annual Meeting of Shareholders which will be held on May 5, 1998. InterGroup had no plans or proposals to make any changes to the Board of Directors of Santa Fe prior to the resignation of Director Braly-Nelsen on March 2, 1998. Except as set forth above, InterGroup and John V. Winfield have no other plans or intentions that relate to or would result in the events set forth in Item 4 of the instructions to Schedule 13D. 5 Item 5. Interest in the Securities of the Issuer ---------------------------------------- (a) InterGroup, as of March 11, 1998, may be deemed to beneficially own, for purposes of this Section 13(d) of the Exchange Act: (i) 275,148 shares of the Common Stock and (ii) 31,800 shares of Preferred Stock. Those shares represent 45.8% of the outstanding Common Stock of Santa Fe assuming the conversion of the Preferred Stock into shares of Common Stock. John V. Winfield owns 24,700 shares of the Common Stock of Santa Fe. Mr. Winfield is the Chairman, President and Chief Executive Officer of InterGroup and is the controlling shareholder of InterGroup. Mr Winfield has investment and voting control of the securities held by InterGroup. To the extent that Mr. Winfield is deemed to beneficially own, for purposes of Section 13(d), the Common Stock and Preferred Stock of InterGroup, he would beneficially own 49.5% of the Common Stock. The above percentages were determined based on Santa Fe's representations that it had 638,018 shares of Common Stock issued and outstanding and 31,800 shares of convertible Preferred Stock issued and outstanding, and assuming the conversion of the Preferred Stock into Common Stock. (b) As the Chairman, President, Chief Executive Officer and controlling shareholder of InterGroup, John V. Winfield shares the voting power and disposition power with respect to the Common Stock and Preferred Stock owned by InterGroup. John V. Winfield has sole voting power and disposition power with respect to the Common Stock owned by him. (c) Information with respect to transactions effected by InterGroup in the Common Stock within the past sixty (60) days is set forth below: Number of Price per Date Shares Share Nature ---- --------- --------- ------ 03/02/98 25,448 $27.00 Private Purchase 03/02/98 2,400 $26.468 Open Market Purchase 03/03/98 800 $27.50 Open Market Purchase (d) No person other than InterGroup, with respect to its shares, or Mr. Winfield, with respect to his shares, has the right to receive or the power to direct the receipt of dividends from, and the proceeds from the sale of, the shares beneficially owned by each. (e) Inapplicable. 6 SIGNATURES 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: March 11, 1998 THE INTERGROUP CORPORATION ----------------- By: /s/ John V. Winfield ------------------------------- John V. Winfield, Chairman, President and Chief Executive Officer By: /s/ John V. Winfield ------------------------ John V. Winfield -----END PRIVACY-ENHANCED MESSAGE-----