-----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, E+5NfK3H8mYeJE3FW9hkTMIG+/6oTGYoeD/33LkgnQ2OtM6WWw1y+Z/eesYIkbyM eClZ1q7m0uXtV7UL24CTjA== 0000093469-97-000002.txt : 19970305 0000093469-97-000002.hdr.sgml : 19970305 ACCESSION NUMBER: 0000093469-97-000002 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970304 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATES SATELLITE BROADCASTING CO INC CENTRAL INDEX KEY: 0001004314 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 411407863 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-46075 FILM NUMBER: 97550346 BUSINESS ADDRESS: STREET 1: 3415 UNIVERSITY AVENUE CITY: ST PAUL STATE: MN ZIP: 55114 BUSINESS PHONE: 6126454500 MAIL ADDRESS: STREET 1: 3415 UNIVERSITY AVENUE STREET 2: 3415 UNIVERSITY AVENUE CITY: ST PAUL STATE: MN ZIP: 55114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PITTWAY CORP /DE/ CENTRAL INDEX KEY: 0000093469 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 135616408 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 200 S WACKER DR STE 700 CITY: CHICAGO STATE: IL ZIP: 60606-5802 BUSINESS PHONE: 3128311070 MAIL ADDRESS: STREET 1: 200 S WACKER DR STE 700 CITY: CHICAGO STATE: IL ZIP: 60606-5802 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD SHARES INC DATE OF NAME CHANGE: 19900321 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD POWER & LIGHT CORP DATE OF NAME CHANGE: 19660905 SC 13D 1 SCHEDULE 13D FOR USSB SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) United States Satellite Broadcasting Company, Inc. (Name of Issuer) Class A Common Stock, $.0001 par value Title of Class of Securities 912534 10 4 (CUSIP Number) King Harris, 200 South Wacker Drive, Suite 700 Chicago, Illinois 60606-5802 (312/831-1070) (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 2, 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 this statement [ ] (Continued on the following pages) 13D CUSIP No. 912534 10 4 | Page 2 of 13 __________________________________________________________________ | 1) Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | | Pittway Corporation | I.R.S. Identification No. 13-5616408 |_________________________________________________________________ | 2) Check the Appropriate Box if a Member of a Group | (a) [ ] | (b) [ ] |_________________________________________________________________ | 3) SEC Use Only | |_________________________________________________________________ | 4) Source of Funds | WC |_________________________________________________________________ | 5) Check if Disclosure of Legal Proceedings is Required | Pursuant to Items 2(d) or 2(e) | [ ] |_________________________________________________________________ | 6) Citizenship or Place of Organization | Delaware |_________________________________________________________________ | | 7) Sole Voting Power | Number of | 3,781,375 | Shares __________________________________________________ | Beneficially | 8) Shared Voting Power | Owned By | | Each __________________________________________________ | Reporting | 9) Sole Dispositive Power | Person | 3,781,375 | With __________________________________________________ | | 10) Shared Dispositive Power | | |_________________________________________________________________ | 11) Aggregate Amount Beneficially Owned by Each | Reporting Person | 3,781,375 |_________________________________________________________________ | 12) Check if the Aggregate Amount in Row (11) | Excludes Certain Shares | [ ] |_________________________________________________________________ | 13) Percent of Class Represented By Amount in Row (11) | 19.5% |_________________________________________________________________ | 14) Type of Reporting Person | CO |________________________________________________________________ 13D CUSIP No. 912534 10 4 | Page 3 of 13 __________________________________________________________________ | 1) Name of Reporting Person | S.S. or I.R.S. Identification No. of Above Person | | Pittway Corporation Charitable Foundation | I.R.S. Identification No. 36-6149938 |_________________________________________________________________ | 2) Check the Appropriate Box if a Member of a Group | (a) [ ] | (b) [ ] |_________________________________________________________________ | 3) SEC Use Only | |_________________________________________________________________ | 4) Source of Funds | WC |_________________________________________________________________ | 5) Check if Disclosure of Legal Proceedings is Required | Pursuant to Items 2(d) or 2(e) | [ ] |_________________________________________________________________ | 6) Citizenship or Place of Organization | Delaware |_________________________________________________________________ | | 7) Sole Voting Power | Number of | | Shares __________________________________________________ | Beneficially | 8) Shared Voting Power | Owned By | 386,000 | Each __________________________________________________ | Reporting | 9) Sole Dispositive Power | Person | | With __________________________________________________ | | 10) Shared Dispositive Power | | 386,000 |_________________________________________________________________ | 11) Aggregate Amount Beneficially Owned by Each | Reporting Person | 386,000 |_________________________________________________________________ | 12) Check if the Aggregate Amount in Row (11) | Excludes Certain Shares | [ ] |_________________________________________________________________ | 13) Percent of Class Represented By Amount in Row (11) | 2.0% |_________________________________________________________________ | 14) Type of Reporting Person | OO |________________________________________________________________ Page 4 of 13 Item 1. Security and Issuer Class A Common Stock, $.0001 par value United States Satellite Broadcasting Company, Inc. ("USSB") 3415 University Avenue St. Paul, Minnesota 55114 Item 2. Identity and Background Parts (a), (b) and (c)- Reporting Persons 1. Pittway Corporation (a Delaware corporation; "Pittway"), a manufacturer and distributor of electronic alarm equipment and a publisher of trade magazines and directories, 200 South Wacker Drive, Chicago, Illinois 60606. 2. Pittway Corporation Charitable Foundation, an Illinois not-for-profit corporation: its directors and officers are Irving B. Harris (chairman and director); Neison Harris (president and director); King Harris (vice president and director); William W. Harris (director); Sidney Barrows (director); E. David Coolidge III (director); Paul R. Gauvreau (vice president and treasurer); William E. Zermuehlen (secretary), assistant secretary, Pittway Corporation. (Note 1) Directors and Executive Officers of Pittway (Unless otherwise indicated, the business address of each person is the same as Pittway) 3. Eugene L. Barnett, Director; 1621 Mission Hill Road, Northbrook, IL 60062 4. Sidney Barrows, Vice Chairman and Director; 150 South Fifth Street, Suite 2300, Minneapolis MN 55402, Of Counsel, Leonard, Street and Deinhard, Law Firm 5. Fred Conforti, Vice President and Director; President of Pittway's Systems Technology Group 6. E. David Coolidge III, Director; Chief Executive Officer of William Blair & Company L.L.C., 222 West Adams Street, Chicago, IL 60606 Page 5 of 13 7. Anthony Downs, Director; Senior Fellow, Brookings Institution, 1775 Massachusetts Avenue, NW, Washington, DC 20036 8. Leo A. Guthart, Vice Chairman and Director; Chairman of Pittway's Ademco Security Group 9. Irving B. Harris, Chairman of the Executive Committee and Director; Chairman of the Board of The Acorn Investment Trust, 2 N. LaSalle Street, Chicago, IL 60602 10. King Harris, President and Director 11. Neison Harris, Chairman and Director 12. William W. Harris, Director; Private investor, 2 N. LaSalle Street, Chicago, IL 60602 13. Jerome Kahn, Jr., Director; Vice President of William Harris Investors, Inc., 2 N. LaSalle Street, Chicago, IL 60602 14. Leo F. Mullin, Director; Vice Chairman of Unicom/Commonwealth Edison, 10 S. Dearborn, Chicago, IL 60603 15. Thomas L. Kemp, Vice President; Chairman of Penton Publishing, Inc., a wholly owned subsidiary of Pittway 16. Daniel J. Ramella, Vice President; President of Penton Publishing, Inc. 17. Paul R. Gauvreau, Financial Vice President and Treasurer 18. Edward J. Schwartz, Vice President 19. Philip V. McCanna, Controller 20. James F. Vondrak, Secretary Persons Who May Be Deemed to Control Pittway (Unless otherwise indicated or reported above, (a) the persons named have no present principal occupation or employment and (b) the address of each person is c/o William Harris Investors, 2 N. LaSalle Street, Chicago, Il 60602) 21. Irving B. Harris 22. Neison Harris Page 6 of 13 23. The William W. Harris Trust f/b/o William W. Harris; trustees: Jerome Kahn, Jr. (employee of William Harris Investors, Inc. -"WHI", investment advisors), William W. Harris, Roberta Harris and Boardman Lloyd. WHI, a Delaware corporation, is owned by Irving B. Harris, William W. Harris, Virginia H. Polsky and Roxanne H. Frank. The directors and officers are Irving B. Harris (director and chairman), Jerome Kahn, Jr. (president and director), Jack R. Polsky (director and executive vice president) Michael S. Resnick (vice president and secretary), Peter E. Martin (vice president), Gary J. Neumayer (treasurer), Michael C. McQuinn (assistant treasurer) and Beth Stephens (assistant treasurer). 24. King W. Harris 25. Sidney Barrows 26. William Harris & Co., Inc.; a Delaware corporation wholly owned by Irving B. Harris; directors and officers are Irving B. Harris (director and president); William W. Harris (director); Jerome Kahn, Jr. (vice president); Jack Polsky (vice president); Michael S. Resnick (vice president); Gary J. Neumayer (treasurer); Michael C. McQuinn (assistant treasurer) and Wesley Saul (secretary). The principal occupation of each officer and director is described above for persons #8, 11, 12 and the officers for person #22. 27. The Roxanne H. Frank Trust f/b/o Roxanne H. Frank; trustees: Jerome Kahn, Jr., Roxanne H. Frank and Jack Polsky. 28. The Virginia H. Polsky Trust f/b/o Virginia H. Polsky; trustees: Jerome Kahn, Jr., Virginia H. Polsky and Jack Polsky. 29. June Harris Barrows 30. Nancy Meyer Trust f/b/o Nancy Meyer; trustees: Nancy Meyer and Jerome Kahn, Jr. 31. Daniel Meyer Trust f/b/o Daniel Meyer, President, Union Square Cafe Corporation, 21 E. 16th St., New York, NY 10003, trustees: Jerome Kahn, Jr. and Daniel Meyer. 32. Thomas Meyer, teacher, San Mateo Country School District, San Mateo, California. 33. James Polsky Page 7 of 13 34. Jack Polsky, William Harris Investors, Inc. 35. Charles Polsky 36. George Polsky 37. Jean Polsky 38. Harrock Limited Partnership; general partner and principal limited partner: The William W. Harris Trust (see person # 22 above.) Trusts dated 11/19/76, trustees: Jerome Kahn, Jr. and Jack Polsky: Roxanne H. Frank Trusts f/b/o: 39. Nancy Meyer 40. Daniel Meyer 41. Thomas Meyer Virginia H. Polsky Trusts f/b/o: 42. James Polsky 43. Jack Polsky 44. Charles Polsky 45. George Polsky 46. Jean Polsky Trusts dated 11/19/76, trustees: Jerome Kahn, Jr. and Michael S. Resnick: William W. Harris Trusts f/b/o: 47. Benjamin Harris 48. David Harris Trusts dated 12/29/75, trustees: Jerome Kahn, Jr. and Jack Polsky: Roxanne H. Frank Trusts f/b/o: 49. Nancy Meyer 50. Daniel Meyer 51. Thomas Meyer Virginia H. Polsky Trusts f/b/o: 52. James Polsky 53. Jack Polsky 54. Charles Polsky 55. George Polsky 56. Jean Polsky Page 8 of 13 Trusts dated 12/29/75, trustees: Jerome Kahn, Jr. and Michael S. Resnick: William W. Harris Trusts f/b/o: 57. Benjamin Harris 58. David Harris Irving B. Harris Trusts dated 2/27/74; Trustee: Roxanne H. Frank f/b/o: 59. Nancy Meyer 60. Daniel Meyer 61. Thomas Meyer Trustee: Virginia H. Polsky f/b/o: 62. James Polsky 63. Jack Polsky 64. Charles Polsky 65. George Polsky 66. Jean Polsky Trustee: William W. Harris f/b/o: 67. Benjamin Harris 68. David Harris 69. Bette D. Harris (Note 1) 70. Toni H. Paul (Note 1) 71. Katherine Harris Trust, f/b/o Katherine Harris; trustees: Katherine Harris and King W. Harris (Note 1) 72. Rosetta Harris (Note 1) Bette D. Harris Trusts dated 1/13/59, trustees: Katherine Harris and King W. Harris f/b/o (Note 1): 73. Children of King W. Harris 74. Children of Toni H. Paul 75. King W. Harris Children's Trust; trustees: Katherine Harris, Sidney Barrows and Denise Saul (Note 1) 76. Toni H. Paul Children's Trust; trustees: King Harris and Katherine Harris (Note 1) 77. Pam F. Szokol Trust, f/b/o Pam F. Szokol; trustees: Pam F. Szokol and King W. Harris (Note 1) 78. William J. Friend Trust, f/b/o William J. Friend, Assistant to President, Pittway Corporation; trustees: William J. Friend and King W. Harris (Note 1) Page 9 of 13 79. Scott C. Friend Trust, f/b/o Scott C. Friend, Director of Sales & Marketing, Learning Sciences Corporation, 189 State Street, Boston MA 02109; trustee: King W. Harris (Note 1) 80. Katherine Harris, custodian for John B. Harris (Note 1) King W. Harris, custodian for (Note 1) - 81. Charles H. Paul 82. Kelly L. Paul 83. Neison Harris Trust dated 12/27/48 f/b/o Toni H. Paul; trustees: Katherine Harris, King W. Harris and American National Bank and Trust Company of Chicago, 33 N. LaSalle Street, Chicago, IL 60690; (Note 1) Neison Harris Trust dated 1/12/54; trustees: Katherine Harris, King W. Harris and American National Bank and Trust Company of Chicago, f/b/o (Note 1): 84. Katherine Harris and children 85. King W. Harris and children 86. Toni H. Paul and children 87. Neison Harris Trust dated 12/19/50 f/b/o Toni H. Paul; trustees: Katherine Harris, King W. Harris and American National Bank and Trust Company of Chicago, (Note 1) 88. Mary Ann Barrows Wark 89. Patricia Barrows Rosbrow, psychologist 90. Donna E. Barrows 91. Robert L. Barrows, lawyer, partner in Leonard, Street & Deinard, 150 South Fifth Street, Suite 2300, Minneapolis, Minnesota 55402 92. The William Harris Settler Trust f/b/o William H. Barrows; trustees: Irving B. Harris and Neison Harris; Trust u/w/ of Mildred Harris; trustees: Irving B. Harris and Neison Harris; f/b/o: 93. Mary Ann Barrows Wark 94. Patricia Barrows Rosbrow 95. William H. Barrows 96. Robert L. Barrows 97. Joan W. Harris Rev Trust, trustee: Joan W. Harris Page 10 of 13 98. Harris Foundation, a Minnesota not-for-profit corporation; its directors and officers are Irving B. Harris (chairman); Joan Harris (vice chairman); William W. Harris (vice chairman); Sidney Barrows (assistant vice chairman); Benno F. Wolff (secretary), lawyer, partner in Oppenheimer, Wolff, Foster, Shepard & Donnelly, 1700 First National Bank Building, St. Paul, MN 55101; Neison Harris; Daniel Meyer; Roxanne Frank; Virginia Polsky. 99. Jerome Kahn, Jr. Trust, trustee: Jerome Kahn, Jr. 100. Irving Harris Foundation A, an Illinois not-for-profit corporation; its directors and officers are Roxanne H. Frank (president, secretary, treasurer and director); Nancy Meyer (vice president and director); Daniel Meyer (vice president and director); Thomas Meyer (vice president and director); Jerome Kahn, Jr. (assistant secretary); Jack R. Polsky (assistant treasurer). 101. Irving Harris Foundation B, an Illinois not-for-profit corporation; its directors and officers are Virginia H. Polsky (president, secretary, treasurer and director); Richard Polsky (vice president and director); James Polsky (vice president and director); Jack R. Polsky (vice president and director); Charles Polsky (vice president and director); George Polsky (vice president and director); Jean Polsky (vice president and director); Jerome Kahn, Jr. (assistant secretary); Beth Stephens (assistant treasurer). Note 1: Address is 333 Skokie Boulevard, Suite 114, Northbrook, Illinois 60062-1624. Irving B. Harris and Neison Harris are brothers and Sidney Barrows is their brother-in-law. William W. Harris is the son of Irving B. Harris and King W. Harris is the son of Neison Harris. All of the other persons named as Persons Who May Be Deemed to Control Pittway herein are either (1) the children, grandchildren or spouses of one of the five individuals named in this paragraph, or spouses of such children or grandchildren, (2) trusts or custodial accounts for the benefit of such children or grandchildren, or (3) persons who have granted voting and/or dispositive power to, or are affiliates of, one of the five individuals named in this paragraph. The custodians and at least one trustee of each trust named herein have either a family or business relationship with one or more of the five individuals named in this paragraph. Page 11 of 13 Because of the above described relationships, persons #2 and #21 through #101 named in this Item 2 may be deemed to be a group within the meaning of Section 13(d) of the Securities Exchange Act of 1934 and the Rules and Regulations thereunder. By reason of beneficial ownership of stock of Pittway by themselves and the positions of certain of them with Pittway and its subsidiaries, certain of such persons may be deemed to be in control of Pittway. (d) During the last five years, none of the persons named above has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the persons named above has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in any 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) Each of the persons named above is a citizen of, or entity organized in the United States. Item 3. Source and Amount of Funds or Other Consideration On January 2, 1997, Pittway made a contribution of 386,000 shares of USSB Common Stock to the Pittway Corporation Charitable Foundation (Person #2, "the Foundation"). Item 4. Purpose of Transaction The USSB securities are held by Pittway and the Foundation as an investment. Neither Pittway nor any of the other persons named in Item 2 above have any present plans or proposals which relate to or would result in any of the actions described in sections (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer Parts(a) and (b) The aggregate number of outstanding shares of USSB stock owned by Pittway and the Foundation is 4,167,375 shares of Common Stock. Each share of Common Stock is convertible by its owner into one share of Class A Common Stock. Upon conversion (and if no other options, warrants, rights or conversion privileges held by others were exercised) Pittway and the Foundation would own an aggregate of 21.5% of the outstanding shares of Class A Common Stock: Page 12 of 13 Number of Per Cent of Class A Outstanding Person Shares Class A Shares Pittway 3,781,375 19.5% The Foundation 386,000 2.0% 4,167,375 21.5% The following table lists the number of shares of USSB Class A Common Stock beneficially owned by each of the other persons named in Item 2 (designated by the number corresponding to such name in Item 2) without regard to shares owned by Pittway and the related percentage of Class A Common Stock assumed outstanding for purposes of Schedule 13D. Number of Per Cent of Class A Outstanding Person Shares Class A Shares 4. & 25. Sidney Barrows 188,700* 1.2% 17. Paul R. Gauvreau 9,000 0.0% 27. Roxanne H. Frank Trust 14,400 0.1% 29. June Harris Barrows 59,850 0.4% 88. Mary Ann Barrows Wark 15,000 0.1% 89. Patricia Barrows Rosbrow 15,000 0.1% 90. Donna E. Barrows 15,000 0.1% 91. Robert L. Barrows 15,000 0.1% 100. Irving Harris Foundation A 28,725 0.2% 101. Irving Harris Foundation B 28,725 0.2% * Common shares convertible into Class A shares on a one-for-one basis. Certain persons other than Pittway named in Item 2 have or may be deemed to have sole power to vote or direct the vote and to dispose or direct the disposition of shares owned by other persons named in the foregoing table by virtue of being a sole stockholder, custodian or trustee, or having a business relationship with custodians or trustees. In addition, such persons have or may be deemed to have shared voting and dispositive power over shares owned by other persons named in the foregoing table by virtue of being co-trustee or holding power of attorney. Except for the foregoing, each of the persons named in the foregoing table have sole power to vote and dispose of the shares shown for such person in the foregoing table. WHI reports that in its discretion as an investment advisor it has sole dispositive power and shared voting power with respect to shares of USSB held by persons #25, 27, 29 and 88-91. Page 13 of 13 (c) There were no transactions in USSB Class A Common shares effected during the preceding 60 days by the persons named in Item 2. However, on January 2, 1997, Pittway made a contribution of 386,000 shares of USSB Common Stock to the Foundation. (d) To the knowledge of the persons named in Item 2, no other person, except beneficiaries of certain of such trusts, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares owned by such persons. (e) Not applicable. Item 6. Contracts, Arrangements, Understanding or Relationships with Respect to Securities of the Issuer The persons named in Item 2 above have no contracts, arrangements, understandings or relationships (legal or otherwise) among themselves or with any other person with respect to any securities of USSB, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits None. * * * * * * * * * * * * * * * * * * 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. March 4, 1997 (Date) PITTWAY CORPORATION By: Paul R. Gauvreau Financial Vice President and Treasurer -----END PRIVACY-ENHANCED MESSAGE-----