SC 13G/A 1 sc13ga1_psfi.txt AMENDMENT NO. 1 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. 1)* Premium Standard Farms, Inc. ---------------------------- (Name of Issuer) Common Stock, par value $0.01 per share --------------------------------------- (Title of Class of Securities) 74060C105 -------------- (CUSIP Number) December 31, 2006 ------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) *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). ================================================================================ CUSIP No. 74060C105 SCHEDULE 13G Page 2 of 9 -------------------------------------------------------------------------------- 1. Name of Reporting Person: S.S. or I.R.S. Identifcation No. of Above Person (Entities Only) ContiGroup Companies, Inc. -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group: (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization: Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power: -0- Number of Shares ------------------------------------------------ Beneficially 6. Shared Voting Power: 12,428,592 Owned By Each ------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------ 8. Shared Dispositive Power: 12,428,592 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 12,428,592 -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 38.9% -------------------------------------------------------------------------------- 12. Type of Reporting Person: CO -------------------------------------------------------------------------------- CUSIP No. 74060C105 SCHEDULE 13G Page 3 of 9 -------------------------------------------------------------------------------- 1. Name of Reporting Person: S.S. or I.R.S. Identifcation No. of Above Person (Entities Only) Paul J. Fribourg -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group: (a) [_] (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization: United States -------------------------------------------------------------------------------- 5. Sole Voting Power: -0- Number of Shares ------------------------------------------------ Beneficially 6. Shared Voting Power: 12,428,592 Owned By Each ------------------------------------------------ Reporting 7. Sole Dispositive Power: -0- Person With ------------------------------------------------ 8. Shared Dispositive Power: 12,428,592 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 12,428,592 -------------------------------------------------------------------------------- 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9): 38.9% -------------------------------------------------------------------------------- 12. Type of Reporting Person: IN -------------------------------------------------------------------------------- CUSIP No. 74060C105 SCHEDULE 13G Page 4 of 9 -------------------------------------------------------------------------------- Item 1. (a) NAME OF ISSUER Premium Standard Farms, Inc. (the "Company"). (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 805 Pennsylvania Avenue, Suite 200 Kansas City, Missouri 64105 Item 2. (a) NAMES OF PERSONS FILING This Statement is being filed on behalf of each of the following persons (collectively, the "Reporting Persons"): (i) ContiGroup Companies, Inc., a Delaware corporation ("ContiGroup"); and (ii) Paul J. Fribourg. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE The address of the principal business offices of the Reporting Persons is 277 Park Avenue, New York, NY 10172. (c) CITIZENSHIP (i) ContiGroup - a Delaware corporation (ii) Mr. Fribourg - a United States citizen (d) TITLE OF CLASS OF SECURITIES Common Stock, par value $0.01 per share (the "Common Stock" or "Shares") (e) CUSIP NUMBER 74060C105 CUSIP No. 74060C105 SCHEDULE 13G Page 5 of 9 -------------------------------------------------------------------------------- Item 3. This statement is not being filed pursuant to either Rule 13d-1(b) or 13d-2(b) or (c). Item 4. OWNERSHIP. (a) AMOUNT BENEFICIALLY OWNED: Each of the Reporting Persons may be deemed to beneficially own an aggregate of 12,428,592 Shares. (b) PERCENTAGE OWNED: Based on calculations made in accordance with Rule 13d-3(d), and there being 31,978,806 Shares outstanding as of January 31, 2007, each of the Reporting Persons may be deemed to beneficially own approximately 38.9% of the outstanding Common Stock. (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS SOLE POWER TO VOTE, SHARED POWER TO VOTE, SOLE POWER TO DIRECT THE DISPOSITION OR SHARED POWER TO DIRECT THE DISPOSITION: (i) ContiGroup has shared power to direct the voting and disposition of the 12,428,592 Shares. Such power may be deemed shared as a result of the Voting Agreement, dated September 17, 2006, among ContiGroup, the Issuer and Smithfield Foods, Inc. (ii) By virtue of being the Chairman, Chief Executive Officer and President of ContiGroup, Mr. Fribourg may be deemed to share voting and investment power with respect to the 12,428,592 Shares owned directly by ContiGroup. In addition, Mr. Fribourg is one of the co-trustees and in one case, a beneficiary, of various trusts established for the benefit of certain members of Mr. Fribourg's family that collectively control a majority interest in ContiGroup. Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. CUSIP No. 74060C105 SCHEDULE 13G Page 6 of 9 -------------------------------------------------------------------------------- Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. Item 10. CERTIFICATION Not applicable. [Remainder of Page Intentionally Left Blank] CUSIP No. 74060C105 SCHEDULE 13G Page 7 of 9 -------------------------------------------------------------------------------- SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated as of February 14, 2007 CONTIGROUP COMPANIES, INC. By: /s/ Paul J. Fribourg -------------------------------- Name: Paul J. Fribourg Title: Chief Executive Officer /s/ Paul J. Fribourg ------------------------------------ Paul J. Fribourg CUSIP No. 74060C105 SCHEDULE 13G Page 8 of 9 -------------------------------------------------------------------------------- EXHIBIT INDEX Exhibit 1. Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.