-----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, Qezz6A2PMApwtx6YnmEhgE6BA0X7QVtZLXhMOnv113W3K3P2gHvjBpurbLA0LNZK mrhxchasOR8xKxoS5os39g== 0000935836-97-000048.txt : 19970723 0000935836-97-000048.hdr.sgml : 19970723 ACCESSION NUMBER: 0000935836-97-000048 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970722 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CERPLEX GROUP INC CENTRAL INDEX KEY: 0000915870 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 330411354 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-43505 FILM NUMBER: 97643499 BUSINESS ADDRESS: STREET 1: 1382 BELL AVE CITY: TUSTIN STATE: CA ZIP: 92680 BUSINESS PHONE: 7142585600 MAIL ADDRESS: STREET 1: 1382 BELL AVENUE CITY: TUSTIN STATE: CA ZIP: 92680 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WHITMAN CAPITAL INC /ADV CENTRAL INDEX KEY: 0000946308 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943203317 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1 SANSOME SUITE 1800 STREET 2: 18TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4152882440 MAIL ADDRESS: STREET 1: ONE SANSOME ST STREET 2: 18TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: WHITMAN CAPITAL INC /ADV DATE OF NAME CHANGE: 19960524 SC 13D 1 OMB APPROVAL OMB Number:3235-0145 Expires:December 31, 1997 Estimated average burden hours per form 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. *) The Cerplex Group, Inc. (Name of Issuer) Common Stock - ------------------------------------------------------------------- (Title of Class of Securities) 15691320 (CUSIP Number) Eric M. Sippel, Esq. c/o SHARTSIS, FRIESE & GINSBURG LLP One Maritime Plaza, 18th Floor San Francisco, California 94111 (415) 421-6500 - ------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 19, 1997 (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 / /. Check the following box if a fee is being paid with the statement / xx /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. 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). SEC 1746 (12-91) SCHEDULE 13D CUSIP No. 15691320 Page 2 of 9 Pages - ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Whitman Capital, Inc. - ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /* / (b) / / - ------------------------------------------------------------------- 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 California - ------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY ----------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 2,978,773 REPORTING ----------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH -0- ----------------------------------------- 10 SHARED DISPOSITIVE POWER 2,978,773 - ------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,978,773 - ------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO, IA - ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 15691320 Page 3 of 9 Pages - ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Douglas F. Whitman - ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /* / (b) / / - ------------------------------------------------------------------ 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 United States - ------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY ----------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 2,978,773 REPORTING ----------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH -0- ----------------------------------------- 10 SHARED DISPOSITIVE POWER 2,978,773 - ------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,978,773 - ------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 15691320 Page 4 of 9 Pages - ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON Whitman Partners, L.P. - ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /* / (b) / / - ------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------ 4 SOURCE OF FUNDS* WC - ------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) / / - ------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER SHARES -0- BENEFICIALLY ----------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 2,978,773 REPORTING ----------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH -0- ----------------------------------------- 10 SHARED DISPOSITIVE POWER 2,978,773 - ------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,978,773 - ---------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ---------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ---------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 15691320 Page 5 of 9 Pages ITEM 1. SECURITY AND ISSUER. This statement relates to shares of common stock (the "Common Stock") of The Cerplex Group, Inc. ("CGI"), all of which were acquired through conversion of shares of CGI's Series B Preferred Stock ("Preferred Stock"). The principal executive office of CGI is located at 1382 Bell Avenue, Tustin, CA 92780. ITEM 2. IDENTITY AND BACKGROUND. The persons filing this statement and the persons enumerated in Instruction C of Schedule 13D and, where applicable, their respective places of organization, general partners, directors, executive officers and controlling persons, and the information regarding them, are as follows: (a) Whitman Capital, Inc. ("WCI"); Douglas F. Whitman ("Whitman"); and Whitman Partners, L.P. ("WPLP"). (b) The business address of WCI, Whitman and WPLP is 525 University Avenue, Suite 701, Palo Alto, CA 94301. (c) Whitman is the president and sole shareholder of WCI. Whitman and WCI are the general partners of WPLP, which is an investment limited partnership. (d) During the last five years, none of such persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of such persons was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) WCI is a corporation formed under the laws of the State of California. WPLP is a limited partnership formed under the laws of the State of California. Whitman is a citizen of the United States. SCHEDULE 13D CUSIP No. 15691320 Page 6 of 9 Pages ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The source and amount of funds used in purchasing the Common Stock were as follows: Purchaser Source of Funds Amount WCI Funds Under Management (1) $ 855,082.10 WPLP Working Capital $ 855,082.10 (1) Includes funds of WPLP invested in the Common Stock. ITEM 4. PURPOSE OF TRANSACTION. The principal purpose of the acquisitions of securities is investment. The persons named in Item 2 of this statement have no plans or proposals that relate to or would result in: (a) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving CGI or any of its subsidiaries; (b) A sale or transfer of a material amount of assets of CGI or of any of its subsidiaries; (c) Any change in the present board of directors or management of CGI, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (d) Any material change in the present capitalization or dividend policy of CGI; (e) Any other material change in CGI's business or corporate structure; (f) Changes in CGI's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of CGI by any person; (g) Causing a class of securities of CGI to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (h) A class of equity securities of CGI becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Common Stock Exchange Act of 1934, as amended; or (i) Any action similar to any of those enumerated above. SCHEDULE 13D CUSIP No. 15691320 Page 7 of 9 Pages ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. The beneficial ownership of the Common Stock of the persons named in Item 2 of this statement is as follows at the date hereof: Aggregate Beneficially Owned Voting Power Dispositive Power Name Number Percent Sole Shared Sole Shared WCI 2,978,773 8.8% -0- 2,978,773 -0- 2,978,773 Whitman 2,978,773 8.8% -0- 2,978,773 -0- 2,978,773 WPLP 2,978,773 8.8% -0- 2,978,773 -0- 2,978,773 The persons filing this statement effected the following transactions in the Common Stock on the dates indicated, and such transactions are the only transactions in the Common Stock since April 20, 1997, by the persons filing this statement: Acquisition Number Price Type or of Per of Name Sale Date Shares Share Transaction WPLP A 4/23/97 382,263 0.2616 Conversion of Preferred Stock WPLP A 4/29/97 8,977 0.3342 Conversion of Preferred Stock WPLP S 5/27/97 50,000 0.5704 Open Market Sale WPLP S 5/28/97 5,000 0.5704 Open Market Sale WPLP S 6/4/97 2,500 0.58 Open Market Sale WPLP S 6/6/97 60,000 0.6233 Open Market Sale WPLP S 6/9/97 20,000 0.8525 Open Market Sale WPLP S 6/10/97 50,000 0.91 Open Market Sale WPLP S 6/11/97 10,000 0.92 Open Market Sale WPLP S 6/13/97 20,000 0.82 Open Market Sale WPLP S 6/16/97 20,000 0.85 Open Market Sale WPLP S 6/16/97 11,000 0.8977 Open Market Sale WPLP S 6/17/97 14,600 0.9170 Open Market Sale WPLP S 6/18/97 10,000 0.91 Open Market Sale WPLP S 6/19/97 2,500 0.93 Open Market Sale WPLP A 6/19/97 439,856 0.3342 Conversion of Preferred Stock WPLP A 6/19/97 2,454,277 0.339 Conversion of Preferred Stock WPLP S 6/20/97 6,000 0.9350 Open Market Sale WPLP S 7/21/97 25,000 0.45 Open Market Sale SCHEDULE 13D CUSIP No. 15691320 Page 8 of 9 Pages ITEM. 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO Common Stock OF THE ISSUER. WCI and Whitman are the general partners of WPLP pursuant to a limited partnership agreement. The limited partnership agreement provides to the general partners the authority, among other things, to invest the funds of WPLP in the Common Stock, to vote and dispose of those securities and to file this statement on behalf of WPLP. Pursuant to the limited partnership agreement, the general partners of WPLP are entitled to fees based on assets under management and special profit allocations based on realized and unrealized gains and losses, if certain conditions are met. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G. SIGNATURES After reasonable inquiry and to the best of my knowledge, I certify that the information set forth in this statement is true, complete and correct. DATED: July 21, 1997 Whitman Capital, Inc. By: /s/ Douglas F. Whitman Douglas F. Whitman President /s/ Douglas F. Whitman Douglas F. Whitman Whitman Partners, L.P. By: Whitman Capital, Inc. General Partner By: /s/ Douglas F. Whitman Douglas F. Whitman President By: /s/ Douglas F. Whitman Douglas F. Whitman General Partner SCHEDULE 13D CUSIP No. 15691320 Page 9 of 9 Pages EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Common Stock and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Common Stock Exchange Act of 1934, as amended, in connection with transactions by the undersigned in the common stock of The Cerplex Group, Inc. For that purpose, the undersigned hereby constitute and appoint Whitman Capital, Inc., a California corporation, as their true and lawful agent and attorney- in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said transactions, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present. DATED: July 21, 1997 Whitman Capital, Inc. By: /s/ Douglas F. Whitman Douglas F. Whitman President /s/ Douglas F. Whitman Douglas F. Whitman Whitman Partners, L.P. By: Whitman Capital, Inc. General Partner By: /s/ Douglas F. Whitman Douglas F. Whitman President By: /s/ Douglas F. Whitman Douglas F. Whitman General Partner C:\DMS\4146\003\0221804.WP -----END PRIVACY-ENHANCED MESSAGE-----