UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 |
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Form 4 |
OMB APPROVAL OMB Number: 3235-0287 Expires: December 31, 2001 Estimated average burden hours per response 0.5 |
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ý Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
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(Print or Type Responses) |
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1. Name and Address of Reporting Person* |
2. Issuer Name and Ticker or Trading Symbol |
6. Relationship of Reporting Person(s) to Issuer ______Director __XX__10% Owner ______Officer (give ______Other (specify title below) below) ____________________________ |
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(Last) (First) (Middle)
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3. IRS Identification Number of Reporting Person, if an entity |
4. Statement for |
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(Street) |
5. If Amendment, |
7. Individual or Joint/Group Filing (Check Applicable Line)____ Form filed by One Reporting Person XX Form filed by More than One Reporting Person. See Note 1. |
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(City) (State) (Zip) |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |
2. Trans- |
3. Trans-
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4. Securities Acquired (A) |
5. Amount of |
6. Owner- |
7. Nature of Indirect Beneficial Ownership |
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Code |
V |
Amount |
(A) or (D) |
Price |
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Common Stock |
9/17/01 |
S |
100,000 |
D |
$25.46 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/18/01 |
S |
10,000 |
D |
$25.32 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/18/01 |
S |
20,000 |
D |
$25.63 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/18/01 |
S |
6,000 |
D |
$25.58 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/19/01 |
S |
19,000 |
D |
$24.59 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/19/01 |
S |
5,000 |
D |
$25.49 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/20/01 |
S |
35,000 |
D |
$23.35 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/21/01 |
S |
5,000 |
D |
$22.80 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/26/01 |
S |
20,000 |
D |
$27.08 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/27/01 |
S |
26,500 |
D |
$26.45 |
See Note 2. |
D |
See Note 3. |
1. Title of Security |
2. Trans- |
3. Trans-
|
4. Securities Acquired (A) |
5. Amount of |
6. Owner- |
7. Nature of Indirect Beneficial Ownership |
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Code |
V |
Amount |
(A) or (D) |
Price |
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Common Stock |
9/27/01 |
S |
3,500 |
D |
$27.14 |
See Note 2. |
D |
See Note 3. |
|
Common Stock |
9/28/01 |
S |
100,000 |
D |
$25.49 |
See Note 2. |
D |
See Note 3. |
|
Common Stock |
9/28/01 |
S |
25,100 |
D |
$25.76 |
See Note 2. |
D |
See Note 3. |
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Common Stock |
9/28/01 |
S |
9,000 |
D |
$25.39 |
See Note 2. |
D |
See Note 3. |
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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
(Over)a currently valid OMB control number.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of |
2. Conver- |
3. Trans- |
4. Trans-
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5. Number of Deriv- |
6. Date Exer- |
7. Title and Amount of Securities |
8. Price |
9. Number |
10. Owner- |
11. Nature of Indirect |
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Code |
V |
(A) |
(D) |
Date |
Expira- |
Title |
Amount or |
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Explanation of Responses:
(1) The reporting persons consist of (i) Lang H. Gerhard, manager of Estero Partners, LLC, sole shareholder of West Highland Capital, Inc., and a general partner of investment limited partnerships; (ii) West Highland Capital, Inc., a registered investment adviser and general partner of investment limited partnerships; and (iii) Estero Partners, LLC, a general partner of investment limited partnerships. The reporting persons constitute a group within the meaning of Rule 13d-5(b) and Rule 16a-1(a)(1) under the Exchange Act.
(2) Lang H. Gerhard indirectly owned 2,000,000 shares and directly owned 615,900 shares on 9/30/01. The transactions reported for September 2001 were sales of securities owned directly by
Lang H. Gerhard. West Highland Capital, Inc. indirectly owned 2,000,000 shares on 9/30/01. Estero Partners, LLC indirectly owned 1,860,000 shares on 9/30/01.
(3) Each reporting person disclaims beneficial ownership of the securities with respect to which indirect beneficial ownership is reported, except to the extent of its pro rata pecuniary interest therein.
Lang H. Gerhard 10/3/01
By: West Highland Capital, Inc.
Attorney-in-fact
By: /s/ Bonnie George
Bonnie George, Chief Operating Officer
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Joint Filer Information
Name: West Highland Capital, Inc.
Address: 300 Drakes Landing Road, Suite 290, Greenbrae, CA 94904
Designated Filer: Lang H. Gerhard
Issuer and Ticker Symbol: Administaff, Inc. (ASF)
Statement for Month/Year: September 2001
Signature: West Highland Capital, Inc.
By:
/s/ Bonnie GeorgeChief Operating Officer
Name: Estero Partners, LLC
Address: 300 Drakes Landing Road, Suite 290, Greenbrae, CA 94904
Designated Filer: Lang H. Gerhard
Issuer and Ticker Symbol: Administaff, Inc. (ASF)
Statement for Month/Year: September 2001
Signature: Estero Partners, LLC
By: West Highland Capital, Inc., Attorney-in-Fact
By:
/s/ Bonnie GeorgeChief Operating Officer