-----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, Aa+JW/17YDkwqqWagXrxu16tSOaLffCD1DLJywXs/QCW0rheF9S1tpAsdUPBiVwB 3R5sDyTT44/Zy4PWldgFjw== 0000950142-97-001015.txt : 19971224 0000950142-97-001015.hdr.sgml : 19971224 ACCESSION NUMBER: 0000950142-97-001015 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971223 SROS: NONE GROUP MEMBERS: HEAD JOHN C III ET AL GROUP MEMBERS: JOHN C HEAD III GROUP MEMBERS: MADIE IVY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPHERE DRAKE HOLDINGS LTD CENTRAL INDEX KEY: 0000908520 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-50587 FILM NUMBER: 97743256 BUSINESS ADDRESS: STREET 1: TROTT RD STREET 2: HURST HOLME CITY: HAMILTON HM11 BERMUD STATE: D0 BUSINESS PHONE: 8092920295 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HEAD JOHN C III ET AL CENTRAL INDEX KEY: 0000938236 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O HEAD & CO LLC STREET 2: 1330 AVE OF THE AMERICAS 12TH FL CITY: NEW YORK STATE: NY ZIP: 10019-5412 MAIL ADDRESS: STREET 1: C/O HEAD & CO LLC STREET 2: 1330 AVENUE OF THE AMERICAS 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019-5412 SC 13G/A 1 AMENDMENT NO. 4 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Amendment No. 4 Under the Securities Exchange Act of 1934 Sphere Drake Holdings Limited --------------------------------------- (Name of Issuer) Common Shares, $0.01 par value --------------------------------------- (Title of Class of Securities) G8345M 10 1 ------------------ (CUSIP Number) CUSIP NO. G8345M 10 1 13G page 2 of 7 Pages ----------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Person John C Head III S.S. or I.R.S. Identifica- tion No. of Above Person (No S.S. or IRS Identification No.) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) X if a Member of a Group (b) - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of U.S.A. Organization - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 0 -------------------------------------------------------------- Owned by Each (6) Shared Voting Reporting Person Power 0 With -------------------------------------------------------------- (7) Sole Dispositive Power 0 -------------------------------------------------------------- (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 Not Applicable - -------------------------------------------------------------------------------- 12. Type of Reporting Person IN - -------------------------------------------------------------------------------- CUSIP NO. G8345M 10 1 13G page 3 of 7 Pages ----------------- - -------------------------------------------------------------------------------- 5. Name of Reporting Person Madie Ivy S.S. or I.R.S. Identifica- tion No. of Above Person (No S.S. or IRS Identification No.) - -------------------------------------------------------------------------------- 6. Check the Appropriate Box (a) X if a Member of a Group (b) - -------------------------------------------------------------------------------- 7. S.E.C. Use Only - -------------------------------------------------------------------------------- 8. Citizenship or Place of U.S.A. Organization - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 0 -------------------------------------------------------------- Owned by Each (6) Shared Voting Reporting Person Power 0 With -------------------------------------------------------------- (7) Sole Dispositive Power 0 -------------------------------------------------------------- (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 Not Applicable - --------------------------------------------------------- 12. Type of Reporting Person IN - -------------------------------------------------------------------------------- CUSIP NO. G8345M 10 1 13G page 4 of 7 Pages ----------------- ITEM 1 - ------ (a) Name of Issuer Sphere Drake Holdings Limited (b) Address of Issuer's Principal Executive Offices Hurst Holme Trott Road Hamilton, HM11 Bermuda ITEM 2 - ------ (a) Name of Persons Filing John C Head III Madie Ivy (b) Address of Principal Business Office or, if none, residence John C Head III Madie Ivy c/o Head & Company L.L.C. 1330 Avenue of the Americas New York, NY 10019-5402 (c) Citizenship U.S.A. (d) Title of Class of Securities Common Shares, $.01 par value (e) CUSIP Number G8345M 10 1 ITEM 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), - ------ check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act CUSIP NO. G8345M 10 1 13G page 5 of 7 Pages ----------------- (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with ss. 240.13d-1(b)(ii)(G) (Note: See Item 7) (h) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H) ITEM 4 Ownership - ------ As of December 23, 1997: (i) Amount Beneficially Owned None. (j) Percent of Class Not applicable. (k) Number of shares as to which the persons filing have: (i) sole power to vote or to direct the vote (ii) shared power to vote or to direct the vote None. (iii) sole power to dispose or to direct the disposition of (iv) shared power to dispose or to direct the disposition of None. CUSIP NO. G8345M 10 1 13G page 6 of 7 Pages ----------------- ITEM 5 Ownership of Five Percent or Less of a Class - ------ If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X] ITEM 6 Ownership of More than Five Percent on Behalf of Another Person - ------ Not applicable ITEM 7 Identification and Classification of the Subsidiary which Acquired - ------ the Security Being Reported on by the Parent Holding Company Not applicable ITEM 8 Identification and Classification of Members of the Group - ------ John C Head III (IN) Madie Ivy (IN) Head Company Profit Sharing Plan (EP) Head Insurance Investors L.P. (PN) Two minor children of Mr. Head and Ms. Ivy (IN) Trusts f/b/o two minor children of Mr. Head and Ms. Ivy (OO) ITEM 9 Notice of Dissolution of Group - ------ Not applicable CUSIP NO. G8345M 10 1 13G page 7 of 7 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. December 23, 1997 - ----------------- Date /s/ John C Head III ---------------------------- John C Head III /s/ Madie Ivy ---------------------------- Madie Ivy -----END PRIVACY-ENHANCED MESSAGE-----