-----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, UEVxCi1wFr9oAYGXSxvYKwYTjZFxGBVoIRw/wElIUS5SAkJ8Bwa6HK/mHuqLZEIE LnMwC2R1ykB4G2bCGc5c9Q== 0000938775-99-000029.txt : 19990701 0000938775-99-000029.hdr.sgml : 19990701 ACCESSION NUMBER: 0000938775-99-000029 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990630 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PERINI CORP CENTRAL INDEX KEY: 0000077543 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL BUILDING CONTRACTORS - NONRESIDENTIAL BUILDINGS [1540] IRS NUMBER: 041717070 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-08309 FILM NUMBER: 99657203 BUSINESS ADDRESS: STREET 1: 73 MT WAYTE AVE CITY: FRAMINGHAM STATE: MA ZIP: 01701 BUSINESS PHONE: 5086282000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLUM RICHARD C & ASSOCIATES L P CENTRAL INDEX KEY: 0000938775 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943205364 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET # 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* PERINI CORPORATION ------------------ (Name of Issuer) Common Stock and Series B Cumulative Convertible Preferred Stock ----------------------------------------------- (Title of Class of Securities) 713-839108 ---------- (CUSIP Number) Murray A. Indick Richard C. Blum & Associates, L.P. 909 Montgomery Street, Suite 400 San Francisco, CA 94133 (415) 434-1111 ------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 22, 1999 ------------- (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 [ ]. *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). Page 1 of 10 CUSIP NO. 713-839108 SCHEDULE 13D Page 2 of 10 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON PB CAPITAL PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3248865 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]** (b) [x]** - ------------------------------------------------------------------------------ 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 Delaware - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 117,190.62 BENEFICIALLY (of Series B Shares)** OWNED BY EACH 2,470,547 PERSON WITH (of common stock, after conversion)** ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 117,190.62 (of Series B Shares)** 2,470,547 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 117,190.62 (of Series B Shares)** 2,470,547 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 61.5% (of Series B Shares)** 30.3% (of common stock, after conversion)** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------ ** See Item 5 below. *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 713-839108 SCHEDULE 13D Page 3 of 10 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]** (b) [x]** - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 146,757.92 BENEFICIALLY (of Series B Shares)** OWNED BY EACH 3,085,557 PERSON WITH (of common stock, after conversion)** ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 77.0% (of Series B Shares)** 35.2% (of common stock, after conversion)** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN, IA - ------------------------------------------------------------------------------ ** See Item 5 below. *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 713-839108 SCHEDULE 13D Page 4 of 10 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]** (b) [x]** - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 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 - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 146,757.92 BENEFICIALLY (of Series B Shares)** OWNED BY EACH 3,085,557 PERSON WITH (of common stock, after conversion)** ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 77.0% (of Series B Shares)** 35.2% (of common stock, after conversion)** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below. *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 713-839108 SCHEDULE 13D Page 5 of 10 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-#### - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]** (b) [x]** - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 146,757.92 BENEFICIALLY (of Series B Shares)** OWNED BY EACH 3,085,557 PERSON WITH (of common stock, after conversion)** ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 146,757.92 (of Series B Shares)** 3,085,557 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 77.0% (of Series B Shares)** 35.2% (of common stock, after conversion)** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ ** See Item 5 below. *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 713-839108 SCHEDULE 13D Page 6 of 10 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON THE COMMON FUND FOR NON-PROFIT ORGANIZATIONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 23-7037968 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x]** - ------------------------------------------------------------------------------ 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 USA - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 29,567.30 BENEFICIALLY (of Series B Shares)** OWNED BY EACH 610,756 PERSON WITH (of common stock, after conversion)** ----------------------------------------------------------- 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 29,567.30 (of Series B Shares)** 610,756 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,567.30 (of Series B Shares)** 610,756 (of common stock, after conversion)** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.5% (of Series B Shares)** 9.7% (of common stock, after conversion)** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below. *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 713-839108 SCHEDULE 13D Page 7 of 10 This Amendment No. 3 amends the Statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission (the "Commission") May 29, 1997 by PB Capital Partners, L.P., a Delaware limited partnership ("PB Capital"), Richard C. Blum & Associates, L.P., a California limited partnership ("RCBA L.P."); Richard C. Blum & Associates, Inc., a California corporation ("RCBA Inc."); Richard C. Blum, the Chairman and a substantial shareholder of RCBA Inc.; and The Common Fund for Non-Profit Organizations, a New York non-profit corporation ("The Common Fund") (collectively, the "Reporting Persons"). This Amendment No. 3 relates to the Series B Cumulative Convertible Preferred Stock (the "Series B Shares") of the Perini Corporation (the "Issuer") and the common stock of the Issuer into which such stock is convertible. The principal executive office and mailing address of the Issuer is 73 Mt. Wayne Avenue, Framingham, Massachusetts 01701. The following amendments to the Schedule 13D are hereby made. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D. Item 5. Interest in Securities of the Issuer - --------------------------------------------- Item 5 of the Schedule 13D is hereby amended as follows: (a),(b) According to information provided by Issuer, there were 190,537.87 shares of the Series B Shares and 5,680,485 shares of the Common Stock issued and outstanding as of June 15, 1999. Based on the above information, after taking into account the transactions described in Item 5(c) below, the following Reporting Persons will report the following holdings and corresponding percentage interests in the Series B Shares and Common Shares (assuming the conversion of each Reporting Person's Series B Shares into Common Shares): Total Common Shares Series B Shares (after conversion) --------------------- --------------------- Name No. Owned % Owned No. Owned % Owned - ----------------- --------- ------- --------- ------- PB Capital 117,190.62 61.5% 2,470,547(1) 30.3% The Common Fund 29,567.30 15.5% 610,756 9.7% RCBA L.P. 146,757.92 77.0% 3,085,557(2) 35.2% RCBA Inc. 146,757.92 77.0% 3,085,557(2) 35.2% Richard C. Blum 146,757.92 77.0% 3,085,557(2) 35.2% Note (1) Includes 49,801 shares of common stock of Issuer owned by the United Brotherhood of Carpenters and Joiners of America Local Unions Councils Pension Fund ("UBC"), which is a limited partner of PB Capital. Note (2) Includes shares of common stock (after conversion) of Issuer as follows: the 2,470,547 shares described in Note (1); the 610,756 shares owned by The Common Fund; and 4,254 shares owned by RCBA L.P. Richard C. Blum is a significant stockholder and chairman of RCBA Inc., the general partner of RCBA L.P., which is the general partner of PB Capital and investment advisor to The Common Fund with voting and investment power over The Common Fund's shares. RCBA L.P., RCBA Inc. and Mr. Blum disclaim beneficial ownership of such shares CUSIP NO. 713-839108 SCHEDULE 13D Page 8 of 10 except to the extent of any pecuniary interest therein. The Common Fund disclaims membership in a group with any of the Reporting Persons, and disclaims beneficial ownership of any shares held by the Reporting Persons. (c) On June 22, 1999, the Issuer issued 2,858.31 additional Series B Shares to PB Capital as payment-in-kind dividends payable on PB Capital's pre- existing Series B Shares, and 721.15 additional Series B Shares to The Common Fund as payment-in-kind dividends payable on The Common Fund's pre-existing Series B Shares. The Reporting Persons have engaged in no transaction involving shares of the Common Stock for the 60 days prior to the date of the event requiring the filing of this statement. (d), (e) No change. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer - ---------------------------------------------------------------------- Except as previously disclosed, none of the Reporting Persons or, to the best knowledge of the Reporting Persons, the other persons named in Item 2, is a party to any contract, arrangement, understanding or relationship with respect to any securities of the Issuer, including but not limited to the transfer or voting of any securities of the Issuer, 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, except (i) as previously disclosed, or (ii) as noted above, RCBA L.P. has the power to vote and dispose of the Series B Shares held by it for the benefit of the Common Fund. Item 7. Material to Be Filed as Exhibits - -------------------------------------------- Exhibit A Joint Filing Undertaking CUSIP NO. 713-839108 SCHEDULE 13D Page 9 of 10 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. June 30, 1999 RICHARD C. BLUM & ASSOCIATES, INC. RICHARD C. BLUM & ASSOCIATES, L.P. By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Managing Director, General Managing Director, General Counsel, Counsel, Chief Administrative Chief Administrative Officer and Officer and Secretary Secretary /s/ Murray A. Indick PB CAPITAL PARTNERS, L.P. ------------------------------------- By Richard C. Blum & Associates, L.P., RICHARD C. BLUM its general partner By Richard C. Blum & Associates, Inc., By Murray A. Indick its general partner Attorney-in-Fact By /s/ Murray A. Indick ------------------------------- Murray A. Indick Managing Director, General Counsel, Chief Administrative Officer and Secretary THE COMMON FUND FOR NON-PROFIT ORGANIZATIONS By Richard C. Blum & Associates, L.P., its investment advisor By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick ------------------------------- Murray A. Indick Managing Director, General Counsel, Chief Administrative Officer and Secretary CUSIP NO. 713-839108 SCHEDULE 13D Page 10 of 10 Exhibit A Joint Filing Undertaking The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to the Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party. June 30, 1999 RICHARD C. BLUM & ASSOCIATES, INC. RICHARD C. BLUM & ASSOCIATES, L.P. By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Managing Director, General Managing Director, General Counsel, Counsel, Chief Administrative Chief Administrative Officer and Officer and Secretary Secretary /s/ Murray A. Indick PB CAPITAL PARTNERS, L.P. ------------------------------------- By Richard C. Blum & Associates, L.P., RICHARD C. BLUM its general partner By Richard C. Blum & Associates, Inc., By Murray A. Indick its general partner Attorney-in-Fact By /s/ Murray A. Indick ------------------------------- Murray A. Indick Managing Director, General Counsel, Chief Administrative Officer and Secretary THE COMMON FUND FOR NON-PROFIT ORGANIZATIONS By Richard C. Blum & Associates, L.P., its investment advisor By Richard C. Blum & Associates, Inc. its general partner By /s/ Murray A. Indick ------------------------------- Murray A. Indick Managing Director, General Counsel, Chief Administrative Officer and Secretary -----END PRIVACY-ENHANCED MESSAGE-----