4 1 thirdmarchformfour.txt FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting Person J.R. Simplot/J.R. Simplot Self Declaration of Revocable Trust 999 Main Street, Suite 1300 Boise, ID 83702 2. Issuer Name and Ticker or Trading Symbol Commonwealth Industries, Inc. (CMIN) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) ###-##-#### 4. Statement for Month/Day/Year March 18, 2003 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [__] Director [ X] 10% Owner [__] Officer (give title below) [__] Other (specify below) FORM 4, P. 1 OF 4 7. Individual or Joint/Group Filing (Check Applicable Line) [__] Form filed by One Reporting Person [ X] Form filed by More than One Reporting Person TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of Security (Instr. 3) Common Stock 2. Transaction Date (Month/Day/Year) 3/14/03 3/18/03 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) Code S 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) Amount (A) or (D) Price ------ ---------- ----- 2,500 D $5.09 2,500 D 5.48 5. Amount of Securities Beneficially Owned following Reporting Transaction(s)(Instr. 3 and 4) 1,604,900 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) D- I- 1,604,900 7. Nature of Indirect Beneficial Ownership (Instr. 4) FORM 4, P. 2 of 4 1,604,900 shares are owned by JRS Properties L.P., an Idaho partnership ("JRS Properties"). The J.R. Simplot Self Declaration of Revocable Trust (the "Trust") controls JRS Properties. The Trust and a trust for the benefit of Mr. Simplot's spouse, which exercises no investment control, hold approximately 98.7% of the beneficial interest in the shares owned by JRS Properties. TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) Code V ---- -- 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) (A) (D) 6. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable Expiration Date 7. Title and Amount of Underlying Securities (Instr. 3 and 4) Title Amount of Number of Shares 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned following Reported Transaction(s) (Instr. 4) FORM 4, P. 3 of 4 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Explanation of Responses: Reporting Persons: Dated: March 18, 2003 /s/ J.R. Simplot -------------------------------- J.R. Simplot By: /s/ Stephen A. Beebe -------------------------------- Stephen A. Beebe, as Attorney-in-Fact J.R. Simplot Self Declaration of Revocable Trust Dated: March 18, 2003 By: /s/ J.R. Simplot -------------------------------- J.R. Simplot, as Trustee By: /s/ Stephen A. Beebe -------------------------------- Stephen A. Beebe, as Attorney-in-Fact FORM 4, P. 4 of 4