-----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, SfxX20FAdkmZCmNkXrCrN3cR4dXuLVlIKjrLAH2T54KcvJWYW5GzuHk09SPkcT3i U8YStX8j1Hlh5S35C1gbBg== 0001129787-02-000137.txt : 20021104 0001129787-02-000137.hdr.sgml : 20021104 20021104172434 ACCESSION NUMBER: 0001129787-02-000137 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021031 FILED AS OF DATE: 20021104 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INSURANCE AUTO AUCTIONS INC /CA CENTRAL INDEX KEY: 0000880026 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES [5010] IRS NUMBER: 953790111 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19594 FILM NUMBER: 02808846 BUSINESS ADDRESS: STREET 1: 850 E ALGONQUIN RD STREET 2: STE 100 CITY: SCHAUMGURG STATE: IL ZIP: 60173 BUSINESS PHONE: 8478393939 MAIL ADDRESS: STREET 1: 850 E ALGONQUIN RD STREET 2: STE 100 CITY: SCHAUMGURG STATE: IL ZIP: 60173 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: VA PARTNERS LLC CENTRAL INDEX KEY: 0001129787 RELATIONSHIP: OWNER IRS NUMBER: 943364923 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: STE 1400 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153623700 MAIL ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: STE 1400 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 4 1 iaaiform4110402.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). - ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* VA Partners, LLC - ------------------------------------------------------------------------------- (Last) (First) (Middle) One Maritime Plaza, Suite 1400 - ------------------------------------------------------------------------------- (Street) San Francisco CA 94111 - ------------------------------------------------------------------------------- (City) (State) (Zip) - ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Insurance Auto Auctions, Inc. - (IAAI) - ------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) - ------------------------------------------------------------------------------- 4. Statement for Month/Day/Year OCTOBER 31, 2002 - ------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) - ------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) - ------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check applicable line) [ ] Form filed by one Reporting Person [X] Form filed by more than one Reporting Person - ------------------------------------------------------------------------------- =============================================================================== Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned =====================================================================
6. 4. 5. Owner- Securities Acquired (A) Amount of ship 3. or Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. 2A. Deemed Code ------------------------ Owned Following (D) or Indirect 1. Transaction Execution (Instr. 8) (A) Reported Transaction Indirect Beneficial Title of Security Date Date, if any ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- Common Stock 10/31/02 P 122,900 A 16.04 2,047,357(1)(2)(3) I (1)(2) - -------------------------------------------------------------------------------------------------------------------------------- Common Stock 11/01/02 P 4,100 A 15.76 2,051,457(1)(2)(3) I (1)(2) - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. (Over) SEC 1474 (3-00) PAGE 2 OF 5 FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==============================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - -------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - -----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1)As General Partner and Investment Manager of ValueAct Capital Partners, L.P., ValueAct Capital Partners II, L.P., and ValueAct Capital International, Ltd. (2) Jeffrey W. Ubben and Peter H. Kamin are directors of Insurance Auto Auctions, Inc. and Managing Members of VA Partners, LLC, the General Partner. These securities are beneficially owned by Jeffrey W. Ubben, George F. Hamel, Jr., and Peter H. Kamin as Managing Members, Principal Owners and Controlling Persons of VA Partners, LLC. (3) Includes 58,457 shares owned directly by Peter H. Kamin. VALUEACT CAPITAL PARTNERS, L.P., BY VA PARTNERS, L.L.C., ITS GENERAL PARTNER By: /s/ George F. Hamel, Jr. 11/04/02 ----------------------------------------- ---------------- George F. Hamel, Jr. Date Managing Member **Signature of Reporting Person VALUEACT CAPITAL PARTNERS II, L.P., BY VA PARTNERS, L.L.C., ITS GENERAL PARTNER By: /s/ George F. Hamel, Jr. 11/04/02 ----------------------------------------- ---------------- George F. Hamel, Jr. Date Managing Member **Signature of Reporting Person VALUEACT CAPITAL INTERNATIONAL, LTD., BY VA PARTNERS, L.L.C., ITS INVESTMENT MANAGER By: /s/ George F. Hamel, Jr. 11/04/02 ----------------------------------------- ---------------- George F. Hamel, Jr. Date Managing Member **Signature of Reporting Person PAGE 3 OF 5 VA PARTNERS, L.L.C. By: /s/ George F. Hamel, Jr. 11/04/02 ------------------------------------------ ---------------- George F. Hamel, Jr. Date Managing Member **Signature of Reporting Person By: /s/ Jeffrey W. Ubben 11/04/02 ----------------------------------------- ---------------- Jeffrey W. Ubben Date **Signature of Reporting Person By: /s/ George F. Hamel, Jr. 11/04/02 ------------------------------------------ ---------------- George F. Hamel, Jr. Date **Signature of Reporting Person By: /s/ Peter H. Kamin 11/04/02 - --------------------------------------------- ----------------- Peter H. Kamin Date **Signature of Reporting Person ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. PAGE 4 OF 5 Joint Filer Information Name: ValueAct Capital Partners, L.P. Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 Name: ValueAct Capital Partners II, L.P. Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 Name: ValueAct Capital International, Ltd. Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 Name: Jeffrey W. Ubben Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 Name: George F. Hamel, Jr. Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 Name: Peter H. Kamin Address: One Maritime Plaza, Suite 1400, San Francisco, CA 94111 Designated Filer: VA Partners, L.L.C. Issuer and Ticker Symbol: Insurance Auto Auctions, Inc. - (IAAI) Statement for Month/Year: November 2002 PAGE 5 OF 5 -----END PRIVACY-ENHANCED MESSAGE-----