-----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, Wod9aQ+HnfAuSoOL3+ax2xXsdPVr64KJbf+eDtRYbzjMuYg1SsmzWqmaM/xLRdAr De/9K3L4iU79YkxFmj/prw== 0000930661-01-501492.txt : 20010810 0000930661-01-501492.hdr.sgml : 20010810 ACCESSION NUMBER: 0000930661-01-501492 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010809 GROUP MEMBERS: BRIAN P. FRIEDMAN GROUP MEMBERS: FS EMPLOYEE INVESTORS LLC GROUP MEMBERS: FS PARALLEL FUND L.P. GROUP MEMBERS: FS PRIVATE INVESTMENTS III LLC GROUP MEMBERS: FS PRIVATE INVESTMENTS LLC GROUP MEMBERS: FURMAN SELZ INVESTMENTS II L.L.C GROUP MEMBERS: FURMAN SELZ INVESTORS II L.P. GROUP MEMBERS: ING (U.S.) FINANCIAL HOLDINGS CORPORATION GROUP MEMBERS: ING BANK N.V. GROUP MEMBERS: ING BARINGS GLOBAL LEVERAGE EQUITY PLAN LTD. GROUP MEMBERS: ING BARINGS U.S. LEVERAGED EQUITY PLAN LLC GROUP MEMBERS: ING FURMAN SELZ ASSET MANAGEMENT LLC GROUP MEMBERS: ING FURMAN SELZ INVESTMENTS III LLC GROUP MEMBERS: ING FURMAN SELZ INVESTORS III LLC GROUP MEMBERS: ING GROEP N.V. GROUP MEMBERS: JAMES L. LUIKART FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FS PRIVATE INVESTMENTS LLC CENTRAL INDEX KEY: 0001062492 STANDARD INDUSTRIAL CLASSIFICATION: TEXTILE MILL PRODUCTS [2200] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 230 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10138 MAIL ADDRESS: STREET 1: 230 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10138 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ABC NACO INC CENTRAL INDEX KEY: 0000913364 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 363498749 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44085 FILM NUMBER: 1702721 BUSINESS ADDRESS: STREET 1: 2001 BUTTERFIELD RD STREET 2: SUITE 502 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 BUSINESS PHONE: 6308521300 MAIL ADDRESS: STREET 1: 2001 BUTTERFIELD RD STREET 2: SUITE 502 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 FORMER COMPANY: FORMER CONFORMED NAME: ABC RAIL PRODUCTS CORP DATE OF NAME CHANGE: 19931014 SC 13D/A 1 dsc13da.txt SCHEDULE 13D - AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) (AMENDMENT NO. 3) ________________ ABC-NACO Inc. (Name of Issuer) COMMON STOCK, $.01 PAR VALUE (Title of Class of Securities) 000752105 (CUSIP Number) Brian P. Friedman FS Private Investments LLC FS Private Investments III LLC 520 Madison Avenue, 8/th/ Floor New York, New York 10022 (212) 284-1700 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With a Copy to: Carmen J. Romano, Esquire Dechert 4000 Bell Atlantic Tower 1717 Arch Street Philadelphia, Pennsylvania 19103 (215) 994-4000 July 1, 2001 (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(e), 13d-1(f) or 13d-1(g), check the following box / /. Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. The information required on 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). SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 1 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) FS Private Investments LLC 13-3940684 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 AF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 2,755,862 shares of Common Stock issuable upon the OWNED BY conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 EACH shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible REPORTING Participating Preferred Stock and 3,363,525 Warrants for Common Stock PERSON ----------------------------------------------------------- SOLE DISPOSITIVE POWER WITH 9 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 23.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 2 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Furman Selz Investors II L.P. 13-3937561 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 2,429,445 shares of Common Stock issuable upon the OWNED BY conversion of 139,304 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,635,800 EACH shares of Common Stock issuable upon the conversion of 65,895 shares of Series C Cumulative Convertible REPORTING Participating Preferred Stock and 2,965,275 Warrants for Common Stock PERSON ----------------------------------------------------------- SOLE DISPOSITIVE POWER WITH 9 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 2,429,445 shares of Common Stock issuable upon the conversion of 139,304 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,635,800 shares of Common Stock issuable upon the conversion of 65,895 shares of Series C Cumulative Convertible Participating Preferred Stock and 2,965,275 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,429,445 shares of Common Stock issuable upon the conversion of 139,304 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,635,800 shares of Common Stock issuable upon the conversion of 65,895 shares of Series C Cumulative Convertible Participating Preferred Stock and 2,965,275 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 21.0% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 PN - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 3 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). FS Employee Investors LLC 13-3937563 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 0 NUMBER OF ----------------------------------------------------------- SHARED VOTING POWER SHARES 8 208,221 shares of Common Stock issuable upon the BENEFICIALLY conversion of 11,939 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 225,600 OWNED BY shares of Common Stock issuable upon conversion of 5,640 shares of Series C Cumulative Convertible EACH Participating Preferred Stock and 253,800 Warrants for Common Stock REPORTING ----------------------------------------------------------- SOLE DISPOSITIVE POWER PERSON 9 WITH 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 208,221 shares of Common Stock issuable upon the conversion of 11,939 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 225,600 shares of Common Stock issuable upon conversion of 5,640 shares of Series C Cumulative Convertible Participating Preferred Stock and 253,800 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 208,221 shares of Common Stock issuable upon the conversion of 11,939 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 225,600 shares of Common Stock issuable upon the conversion of 5,640 shares of Series C Cumulative Convertible Participating Preferred Stock and 253,800 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12 - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 1.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 4 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). FS Parallel Fund L.P. 13-3974766 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 0 NUMBER OF ----------------------------------------------------------- SHARES SHARED VOTING POWER 8 BENEFICIALLY 118,196 shares of Common Stock issuable upon the conversion of 6,777 shares of Series B-1 Cumulative OWNED BY Convertible Participating Preferred Stock, 128,400 shares of Common Stock issuable upon conversion of EACH 3,210 shares of Series C Cumulative Convertible Participating Preferred Stock and 144,450 Warrants for REPORTING Common Stock ----------------------------------------------------------- PERSON SOLE DISPOSITIVE POWER 9 WITH 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 118,196 shares of Common Stock issuable upon the conversion of 6,777 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 128,400 shares of Common Stock issuable upon conversion of 3,210 shares of Series C Cumulative Convertible Participating Preferred Stock and 144,450 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 118,196 shares of Common Stock issuable upon the conversion of 6,777 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 128,400 shares of Common Stock issuable upon the conversion of 3,210 shares of Series C Cumulative Convertible Participating Preferred Stock and 144,450 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12 - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 1.0% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 PN - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 5 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Furman Selz Investments II L.L.C. 13-3937560 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 2,755,862 shares of Common Stock issuable upon the OWNED BY conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 EACH shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible REPORTING Participating Preferred Stock and 3,363,525 Warrants for Common Stock PERSON --------------------------------------------------------- SOLE DISPOSITIVE POWER WITH 9 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 23.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 6 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). FS Private Investments III LLC 13-4127833 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 AF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 2,755,862 shares of Common Stock issuable upon the OWNED BY conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 EACH shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible REPORTING Participating Preferred Stock and 3,363,525 Warrants for Common Stock PERSON ----------------------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 0 ----------------------------------------------------------- SHARED DISPOSITIVE POWER 10 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 23.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 7 - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ING Furman Selz Investors III LLC 13-4121999 - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS OO - ------------------------------------------------------------------------------ 5 CHECK BOX 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 0 ------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 1,920,271 shares of Common Stock issuable upon the EACH conversion of 110,108 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,083,200 REPORTING shares of Common Stock issuable upon the conversion of 52,080 shares of Series C Cumulative Convertible PERSON WITH Participating Preferred Stock and 2,343,600 Warrants for Common Stock ------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,920,271 shares of Common Stock issuable upon the conversion of 110,108 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,083,200 shares of Common Stock issuable upon the conversion of 52,080 shares of Series C Cumulative Convertible Participating Preferred Stock and 2,343,600 Warrants for Common Stock - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,920,271 shares of Common Stock issuable upon the conversion of 110,108 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,083,200 shares of Common Stock issuable upon the conversion of 52,080 shares of Series C Cumulative Convertible Participating Preferred Stock and 2,343,600 Warrants for Common Stock - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 16.6% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 8 - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ING Barings U.S. Leveraged Equity Plan LLC 13-4127834 - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS OO - ------------------------------------------------------------------------------ 5 CHECK BOX 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 0 ------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 583,974 shares of Common Stock issuable upon the EACH conversion of 33,485 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 633,600 REPORTING shares of Common Stock issuable upon the conversion of 15,840 shares of Series C Cumulative Convertible PERSON WITH Participating Preferred Stock and 712,800 Warrants for Common Stock ------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 583,974 shares of Common Stock issuable upon the conversion of 33,485 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 633,600 shares of Common Stock issuable upon the conversion of 15,840 shares of Series C Cumulative Convertible Participating Preferred Stock and 712,800 Warrants for Common Stock - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 583,774 shares of Common Stock issuable upon the conversion of 33,485 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 633,600 shares of Common Stock issuable upon the conversion of 15,840 shares of Series C Cumulative Convertible Participating Preferred Stock and 712,800 Warrants for Common Stock - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.1% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 9 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). ING Barings Global Leveraged Equity Plan Ltd. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Bermuda - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 251,617 shares of Common Stock issuable upon the conversion of 14,428 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 273,000 shares of Common Stock issuable upon the conversion of 6,825 shares of Series C Cumulative Convertible Participating Preferred Stock and 307,125 Warrants OWNED BY for Common Stock ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 251,617 shares of Common Stock issuable upon the conversion of 14,428 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 273,000 shares of Common Stock issuable upon the conversion of 6,825 shares of Series C Cumulative Convertible Participating Preferred Stock and 307,125 Warrants for Common Stock - ------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 251,617 shares of Common Stock issuable upon the conversion of 14,428 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 273,000 shares of Common Stock issuable upon the conversion of 6,825 shares of Series C Cumulative Convertible Participating Preferred Stock and 307,125 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 2.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 CO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 10 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). ING Furman Selz Investments III LLC 13-41278376 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 OO - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants OWNED BY for Common Stock ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,755,862 shares of Common Stock issuable upon the conversion of 158,020 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 2,989,800 shares of Common Stock issuable upon the conversion of 74,745 shares of Series C Cumulative Convertible Participating Preferred Stock and 3,363,525 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 23.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 11 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). ING Furman Selz Asset Management LLC 13-4038444 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants OWNED BY for Common Stock ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 47.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 OO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 12 - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). ING (U.S.) Financial Holdings Corporation 51-0262561 - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS AF - ------------------------------------------------------------------------------ 5 CHECK BOX 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 BENEFICIALLY 0 OWNED BY ----------------------------------------------------------- EACH REPORTING 8 SHARED VOTING POWER PERSON WITH 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.8% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 13 - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ING Bank N.V. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS AF - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY EACH ----------------------------------------------------------- REPORTING 8 SHARED VOTING POWER PERSON WITH 5,511,724 shares of Common Stock issuable upon the Conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,511,724 shares of Common Stock issuable upon the Conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.8% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON BK - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 14 - ------------------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ING Groep N.V. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS AF - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ----------------------------------------------------------- EACH REPORTING 8 SHARED VOTING POWER PERSON WITH 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock ----------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.8% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON IC - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 15 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Brian P. Friedman ###-##-#### - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 AF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 47.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 IN - ------------------------------------------------------------------------------ SCHEDULE 13D - ------------------------------------------------------------------------------ CUSIP NO. 000752105 Page 16 - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). James L. Luikart ###-##-#### - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4 AF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 5,511,724 shares of Common Stock issuable upon the conversion of 316,041 shares of Series B-1 Cumulative Convertible Participating Preferred Stock, 5,979,600 shares of Common Stock issuable upon the conversion of 149,490 shares of Series C Cumulative Convertible Participating Preferred Stock and 6,727,050 Warrants for Common Stock - ------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 47.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14 IN - ------------------------------------------------------------------------------ SCHEDULE 13D This Amendment No. 3 to Schedule 13D ("Amendment No. 3") relates to a Schedule 13D filed on March 8, 2000 ("Schedule 13D"), an Amendment No. 1 to Schedule 13D filed on May 17, 2001 ("Amendment No. 1") and an Amendment No. 2 to Schedule 13D filed on July 5, 2001 ("Amendment No. 2") with the Securities and Exchange Commission ("SEC"). This Amendment No. 3 amends and supplements Schedule 13D, Amendment No. 1 and Amendment No. 2. ITEM 1. SECURITY AND ISSUER. The response set forth in Item 1 of Schedule 13D, Amendment No. 1 and Amendment No. 2 is hereby amended and supplemented by the following information: This statement on Schedule 13D relates to shares of common stock, par value $.01 per share (the "Common Stock"), of ABC-NACO Inc., a Delaware corporation (the "Company") which has its principal executive offices at 2001 Butterfield Road, Suite 502, Downers Grove, Illinois 60515. FS Private Investments LLC ("Private Investments"), Furman Selz Investors II L.P. ("Investors"), FS Employee Investors LLC ("Employee Investors"), FS Parallel Fund L.P. ("Parallel Fund"), Furman Selz Investments II LLC ("FS Investments II"), FS Private Investments III LLC ("Private Investments III"), ING Furman Selz Investors III LP ("Investors III"), ING Barings U.S. Leveraged Equity Plan LLC ("Barings U.S."), ING Barings Global Leveraged Equity Plan Ltd. ("Barings Global") and ING Furman Selz Investments III LLC ("Investments III") have received additional common stock purchase warrants ("Additional Warrants") pursuant to the Series C Preferred Stock and Common Stock Warrant Purchase Agreement dated April 17, 2001 (the "Series C Stock Purchase Agreement") by and among ABC-NACO Inc. and the entities listed on Exhibit A thereto (the "Investors"). - --------- ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The response set forth in Item 3 of Schedule 13D, Amendment No. 1 and Amendment No. 2 is hereby amended and supplemented by the following information: Pursuant to the Series C Preferred Stock Purchase Agreement, Investors, Employee Investors, Parallel Fund, Investors III, Barings U.S. and Barings Global paid the Company $14,949,000.00 to purchase the Series C Cumulative Convertible Participating Preferred Stock, par value one dollar ($1.00) per share (the "Series C Preferred Stock"), warrants at closing ("Closing Warrants") and Additional Warrants. None of the proceeds used to purchase the securities were provided through borrowings of any nature. ITEM 4. PURPOSE OF TRANSACTION. The response set forth in Item 4 of Schedule 13D, Amendment No. 1 and Amendment No. 2 is hereby amended and supplemented by the following information: -17- The Series C Preferred Stock, Closing Warrants and Additional Warrants were acquired for investment purposes. The reporting persons intend to review on a continuing basis their investment in the Company and the Company's business, prospects and financial condition. Based on such continuing review, alternative investment opportunities available to the reporting persons and all other factors deemed relevant (including, without limitation the market for and price of Common Stock, offers for shares of the Common Stock, general economic conditions and other future developments), the reporting persons may decide to convert all or part of the Series C Preferred Stock, or sell or seek the sale of all or part of the Series C Preferred Stock, Closing Warrants and Additional Warrants. Pursuant to the Series C Stock Purchase Agreement, the Company issued 150,000 shares of Series C Preferred Stock, all of which were purchased by the Investors. The Investors also received 6,000,000 immediately exercisable Closing Warrants to purchase Common Stock at a price of $.01 per share and 6,000,000 Additional Warrants to purchase Common Stock at a price of $.01 per share, exercisable at a later date, of which 750,000 became exercisable on July 1, 2001. The issuance of the Series C Preferred Stock, constitutes a material change in the capitalization of the Company. If the Series C Preferred Stock is converted, in whole or in part, or the Closing Warrants or Additional Warrants are exercised, there could be a material change in the capitalization of the Company. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. The response set forth in Item 5 of Schedule 13D, Amendment No. 1 and Amendment No. 2 is hereby amended and supplemented by the following information: (a) - (b)
NUMBER OF PERCENT SHARES TO BE OF SHARED SHARED BENEFICIALLY COMMON VOTING INVESTMENT NAME OWNED STOCK POWER POWER - ----------------------- --------------- --------------- -------------- ------------- Private Investments 9,109,187 23.9 9,109,187 9,109,187 Investors 8,030,520 21.0 8,030,520 8,030,520 Employee Investors 687,621 1.8 687,621 687,621 Parallel Fund 391,046 1.0 391,046 391,046 FS Investments II 9,109,187 23.9 9,109,187 9,109,187 Private Investments III 9,109,187 23.9 9,109,187 9,109,187 Investors III 6,347,071 16.6 6,347,071 6,347,071
-18-
NUMBER OF PERCENT SHARES TO BE OF SHARED SHARED BENEFICIALLY COMMON VOTING INVESTMENT NAME OWNED STOCK POWER POWER - ----------------------- ------------ --------- ----------- -------- Barings U.S. 1,930,374 5.1 1,930,374 1,930,374 Barings Global 831,742 2.2 831,742 831,742 Investments III 9,109,187 23.9 9,109,187 9,109,187 ING FS Management 18,218,374 47.8 18,218,374 18,218,374 ING U.S. 18,218,374 47.8 18,218,374 18,218,374 ING Bank 18,218,374 47.8 18,218,374 18,218,374 ING Groep 18,218,374 47.8 18,218,374 18,218,374 Brian P. Friedman 18,218,374 47.8 18,218,374 18,218,374 James L. Luikart 18,218,374 47.8 18,218,374 18,218,374
As of May 2, 2001, the Company had 19,872,242 shares of Common Stock outstanding. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The response set forth in Item 6 of Schedule 13D, Amendment No. 1 and Amendment No. 2 is hereby amended and supplemented by the following information: Pursuant to the Series C Stock Purchase Agreement, the Company issued 150,000 shares of Series C Preferred Stock, all of which were purchased by the Investors, as set forth in Item 4. The Investors also received 6,000,000 immediately exercisable Closing Warrants and 6,000,000 Additional Warrants. Seven hundred fifty thousand (750,000) Additional Warrants become exercisable every three months if the EBITDA of ABC-NACO Inc. is less than Seventy Million Dollars ($70,000,000) and no sale of ABC-NACO Inc. has occurred before that time. Seven hundred fifty thousand (750,000) Additional Warrants became exercisable retroactive to July 1, 2001, based on ABC-NACO Inc.'s verbal confirmation of the EBITDA on August 8, 2001. The amount of Closing Warrants and Additional Warrants received by each entity is shown on the following table:
Entity Closing Warrants Additional Warrants - --------------------------- ------------------------------- --------------------------------- Private Investments 2,989,800 373,725 Investors 2,635,800 329,475 Employee Investors 225,600 28,200 Parallel Fund 128,400 16,050 FS Investments II 2,989,800 373,725 Private Investments III 2,989,800 373,725 Investors III 2,083,200 260,400
-19- Barings U.S. 633,600 79,200 Barings Global 273,000 34,125 Investments III 2,989,800 373,725 ING FS Management 5,979,600 747,450 ING U.S. 5,979,600 747,450 ING Bank 5,979,600 747,450 ING Groep 5,979,600 747,450 Brian P. Friedman 5,979,600 747,450 James L. Luikart 5,979,600 747,450
Private Investments is the manager of each of Investors, Employee Investors and Parallel Fund. The general partner of each of Investors and Parallel Fund and the managing member of Employee Investors have delegated all relevant rights to Private Investments. Private Investments III is the manager of each of Investors III, Barings U.S. and Barings Global. The general partner of Investors III, the sole managing member of Barings U.S. and the manager of Barings Global have delegated all relevant rights to Private Investments III. Brian P. Friedman and James L. Luikart are the managing members of Private Investments and Private Investments III. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Joint Reporting Agreement and Power of Attorney on Behalf of Each Reporting Person dated March 20, 2000 (incorporated by reference to the Schedule 13 D/A filed May 17, 2001). B. Joint Reporting Agreement and Power of Attorney on Behalf of Each Reporting Person dated May 14, 2001 (incorporated by reference to the Schedule 13 D/A filed May 17, 2001). -20- SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: August 9, 2001 FURMAN SELZ INVESTORS II L.P. FS EMPLOYEE INVESTORS LLC FS PARALLEL FUND L.P. By: FS PRIVATE INVESTMENTS LLC By: /s/* ------------------------------- Name: James L. Luikart Title: Managing Member FS PRIVATE INVESTMENTS LLC By: /s/* ------------------------------- Name: James L. Luikart Title: Managing Member FURMAN SELZ INVESTMENTS II LLC By: /s/** ------------------------------- Name: James L. Luikart Title: Executive Vice President -21- ING FURMAN SELZ INVESTORS III LP ING BARINGS U.S. LEVERAGED EQUITY PLAN LLC ING BARINGS GLOBAL LEVERAGED EQUITY PLAN LTD. BY: FS PRIVATE INVESTMENTS III LLC By: /s/* ------------------------------- Name: James L. Luikart Title: Managing Member FS PRIVATE INVESTMENTS III LLC By: /s/* ------------------------------- Name: James L. Luikart Title: Managing Member ING FURMAN SELZ INVESTMENTS III LLC By: /s/** --------------------------------- Name: James L. Luikart Title: Executive Vice President ING FURMAN SELZ ASSET MANAGEMENT LLC By: /s/** --------------------------------- Name: Robert J. Miller Title: Executive Vice President ING (U.S.) FINANCIAL HOLDINGS CORPORATION By: /s/** ------------------------------- Name: Andrew Druch Title: Secretary -22- ING BANK N.V. By: /s/** ------------------------------- Name: J.H.J. Houben Title: Managing Principal By: /s/** ------------------------------- Name: P.F.M. Van Lierop Title: Senior Legal Advisor ING GROEP N.V. By: /s/** ------------------------------- Name: J.H.J. Houben Title: Managing Principal By: /s/* ------------------------------- Name: Brian P. Friedman By: /s/* ------------------------------- Name: James L. Luikart * By: /s/ James L. Luikart --------------------- James L. Luikart ** By: /s/ Robert Miller --------------------- Robert Miller Attorney-in-Fact -23- EXHIBIT INDEX No. Description - --- ----------- (1) Joint Reporting Agreement and Power of Attorney on Behalf of Each Reporting Person dated March 20,2000 (incorporated by reference to the Schedule 13 D/A filed May 17, 2001) (2) Joint Reporting Agreement and Power of Attorney on Behalf of Each Reporting Person dated May 14, 2001 (incorporated by reference to the Schedule 13 D/A filed May 17, 2001) -24- -----END PRIVACY-ENHANCED MESSAGE-----