-----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, CLKhUSD8jFerQRWoB7vBWUQ+hTe/pNo7kPFm8wHLDGth5GWqBtRKqsJ+GlV5f5bb +pdfZkZy9ivAXU8CxC8SQA== 0000009749-98-000048.txt : 19980218 0000009749-98-000048.hdr.sgml : 19980218 ACCESSION NUMBER: 0000009749-98-000048 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: AMEX SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MOTORS CORP CENTRAL INDEX KEY: 0000040730 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380572515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-37025 FILM NUMBER: 98543611 BUSINESS ADDRESS: STREET 1: 100 RENAISSANCE CTR STREET 2: 3044 W GRAND BLVD CITY: DETROIT STATE: MI ZIP: 48243-7301 BUSINESS PHONE: 3135565000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANKERS TRUST NEW YORK CORP CENTRAL INDEX KEY: 0000009749 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 136180473 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 130 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 2122502500 MAIL ADDRESS: STREET 1: 130 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10006 FORMER COMPANY: FORMER CONFORMED NAME: BT NEW YORK CORP DATE OF NAME CHANGE: 19671107 SC 13G 1 GM HUGHES ELECTONICS CORP. 13-G FILING BANKERS TRUST NEW YORK CORPORATION One Bankers Trust Plaza New York, New York 10006 Damian P. Reitemeyer Vice President Telephone: 212-250-4599 February 17, 1998 Securities and Exchange Commission SEC Document Control 450 Fifth Street, N.W. Washington, DC 20549 Attn: Filing Desk Dear Sirs: Re: Filing of Schedule 13G on General Motors Corporation - Class H Pursuant to Rule 13d-1 of the General Rules and Regulations under the Securities Exchange Act of 1934, the following is one copy of the Schedule 13G with respect to the common stock of the above referenced corporation. Please acknowledge your receipt of the Schedule 13G filing submission through the EDGAR-Link System software, by E-Mail confirmation. Sincerely, Damian P. Reitemeyer Enclosures SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* General Motors Corporation _______________________________________ NAME OF ISSUER: Common Stock - Class H (Par Value $0.10) _______________________________________ TITLE OF CLASS OF SECURITIES 370442830 _______________________________________ CUSIP NUMBER Check the following box if a fee is being paid with this statement [x]. (A fee is not required only if the filing 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.) *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 the disclosures provided in a prior cover page. The information required in 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). (Continued on following page(s)) Page 1 of 12 Pages CUSIP No. 370442830 Page 2 of 12 Pages 1.NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bankers Trust New York Corporation (Bankers Trust New York)its wholly-owned subsidiary, Bankers Trust Company, As Trustee for various trusts, and employee benefit plans, and investment advisor and its indirectly wholly-owned subsidiaries: Bankers Trust AG, BT Alex. Brown Incorporated (BT Alex.Brown)and Alex. Brown Capital Advisory and Trust Company (Alex.Brown Capital Advisory and Trust). 13-6180473 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] (B) [X] 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Bankers Trust New York Corporation and Bankers Trust Company are New York Corporations. BT Alex.Brown is a Delaware corporation. Alex.Brown Capital Advisory and Trust is a Maryland Corporation. Bankers Trust AG is Swiss company. NUMBER OF 5. SOLE VOTING POWER SHARES Bankers Trust New York 183,400 shares Bankers Trust Company 265,746 shares BT Alex.Brown 70,000 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 0 shares 519,346 BENEFICIALLY 6. SHARED VOTING POWER OWNED BY Bankers Trust New York 0 shares Bankers Trust Company 36 shares BT Alex.Brown 0 shares Alex.Brown Capital Advisory and Trust 0 shares Bankers Trust AG 0 shares 36 CUSIP No. 370442830 Page 3 of 12 Pages EACH 7. SOLE DISPOSITION POWER REPORTING Bankers Trust New York 183,400 shares Bankers Trust Company 732,408 shares BT Alex.Brown 70,020 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 0 shares 986,028 PERSON 8. SHARED DISPOSITION POWER WITH Bankers Trust New York 0 shares Bankers Trust Company 102 shares BT Alex.Brown 0 shares Alex.Brown Capital Advisory and Trust 0 shares Bankers Trust AG 1,000 shares 1,102 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Bankers Trust New York 183,400 shares Bankers Trust Company 732,510 shares BT Alex.Brown 70,020 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 1,000 shares 987,130 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN SHARES * [X] CUSIP No. 370442830 Page 4 of 12 Pages 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Bankers Trust New York 0.18% Bankers Trust Company 0.71% BT Alex.Brown 0.07% Alex.Brown Capital Advisory and Trust 0.00% Bankers Trust AG 0.00% 0.96% 12.TYPE OF REPORTING PERSON * Bankers Trust New York Corporation - HC Bankers Trust Company - BK BT Alex.Brown - BD Alex.Brown Capital Advisory and Trust - BK Bankers Trust AG - BK DISCLAIMER OF BENEFICIAL OWNERSHIP THE FILING OF THIS SCHEDULE G STATEMENT SHALL NOT BE CONSTRUED AS AN ADMISSION THAT BANKERS TRUST NEW YORK CORPORATION OR BANKERS TRUST COMPANY, AS TRUSTEE AND INVESTMENT ADVISOR (THE "BANK"), ARE FOR THE PURPOSE OF SECTION 13(g) OF THE SECURITIES AND EXCHANGE ACT OF 1934, OR FOR ANY OTHER PURPOSE, THE BENEFICIAL OWNER OF THE SECURITIES SET FORTH IN ITEM 4(a)(ii) HEREOF. Item 1(a) NAME OF ISSUER: General Motors Corporation Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: GM Building 767 Fifth Avenue New York, NY 10153-0075 CUSIP No. 370442830 Page 5 of 12 Pages Item 2(a) NAME OF PERSON FILING: Bankers Trust New York Corporation, its wholly-owned subsidiary, Bankers Trust Company, As Trustee for various trusts, and employee benefit plans, and investment advisor, and its indirectly wholly-owned subsidiaries: Bankers Trust AG, BT Alex.Brown, and Alex. Brown Capital Advisory and Trust. Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE: For Bankers Trust New York Corporation, Bankers Bankers Trust Company and BT Alex.Brown 130 Liberty Street New York, New York 10006 For Alex.Brown Capital Advisory and Trust 19 South Street Baltimore, Maryland 21202 For Bankers Trust AG. Stauffacherquai 42 8039 Zurich, Switzerland Item 2(c) CITIZENSHIP: Bankers Trust New York Corporation and Bankers Trust Company are corporations incorporated in the State of New York with their principal business offices located in New York. Alex.Brown Capital Advisory and Trust is a Maryland Corporation with its principal business office located in Maryland. BT Alex.Brown is a Delaware corporation with its principal business office located in New York. CUSIP No. 370442830 Page 6 of 12 Pages Bankers Trust AG is incorporated in Switzerland with its principal office located in Zurich. Item 2(d) TITLE OF CLASS OF SECURITIES: Common Stock - Class H (Par Value $0.10) of General Motors Corporation, a Delaware corporation. Item 2(e) CUSIP NUMBER: 370442830 Item 3 THE PERSON FILING IS A: For Bankers Trust New York Corporation, (g) [X] Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) For Bankers Trust Company, Alex.Brown Capital Advisory and Trust and Bankers Trust AG, (b) [X] Bank as defined in section 3(a)(6) of the Act. For BT Alex.Brown (a) [X] Broker or dealer registered under Section 15 of the Act. CUSIP No. 370442830 Page 7 of 12 Pages Item 4 OWNERSHIP: (a) Amount Beneficially Owned: (i) Bankers Trust New York 183,400 shares Bankers Trust Company 732,510 shares BT Alex.Brown 70,020 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 1,000 shares 987,130 (ii) Bankers Trust Company was also the record owner of 15,331,451 shares held by the Bank as Trustee of the GM Savings Stock Purchase Program for Salaried employees in the U.S., Personal Savings Plan for Hourly employees in the U.S., Hughes Aircraft Co. Salaried Employees' Thrift and Savings Plan, Hughes Aircraft Co. California Hourly Employees' Thrift and Savings Plan, Hughes Aircraft Co. Tucson Bargaining Employees' Savings and Thrift Plan, Hughes Thrift & Savings Plan (the "Plan") with respect to which the bank disclaims beneficial ownership. The Plan states that each Plan participant shall have the right to direct the manner in which shares of common stock shall be voted at all stockholders' meetings. The Department of Labor has expressed the view that, under certain circumstances, ERISA may require the Trustee to vote shares which are not allocated to participants' accounts. Since in the view of the Bank and Bankers Trust New York Corporation, such voting power is merely a residual power based upon the occurrence of an unlikely contingency and is not a sole or shared power to vote the securities, the Bank and Bankers Trust New York Corporation hereby disclaim beneficial ownership of such securities. CUSIP No. 370442830 Page 8 of 12 Pages (b) Percent of Class: The common stock described in Item 4(a) above as to which the Bank acknowledges beneficial ownership constitutes the following: Bankers Trust New York 0.18% Bankers Trust Company 0.71% BT Alex.Brown 0.07% Alex.Brown Capital Advisory and Trust 0.00% Bankers Trust AG 0.00% 0.96% The Common Stock as to which the Bank disclaims beneficial ownership constitutes 15.0% of the Issuer's outstanding Common Stock. (c) Number of shares as to which the Bank has: (i) sole power to vote or to direct the vote - Bankers Trust New York 183,400 shares Bankers Trust Company 265,746 shares BT Alex.Brown 70,000 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 0 shares 519,346 (ii) shared power to vote or to direct the vote - Bankers Trust New York 0 shares Bankers Trust Company 36 shares BT Alex.Brown 0 shares Alex.Brown Capital Advisory and Trust 0 shares Bankers Trust AG 0 shares 36 CUSIP No. 370442830 Page 9 of 12 Pages (iii) sole power to dispose or to direct the disposition of - Bankers Trust New York 183,400 shares Bankers Trust Company 732,408 shares BT Alex.Brown 70,020 shares Alex.Brown Capital Advisory and Trust 200 shares Bankers Trust AG 0 shares 986,028 (iv) shared power to dispose or to direct the disposition of - Bankers Trust New York 0 shares Bankers Trust Company 102 shares BT Alex.Brown 0 shares Alex.Brown Capital Advisory and Trust 0 shares Bankers Trust AG 1,000 shares 1,102 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: The Issuer's Plan, and various trusts, and employee benefit plans for which the Bank serves as Trustee, and accounts for which the Bank serves as investment advisor, have the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. Item 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: See Item 3 above and Exhibits to Item 7. CUSIP No. 370442830 Page 10 of 12 Pages Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. Item 9 NOTICE OF DISSOLUTION OF GROUP: Not applicable. Item 10 CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. CUSIP No. 370442830 Page 11 of 12 Pages 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. Date: as of December 31, 1997 Signature: Bankers Trust New York Corporation By: /s/James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary Signature: Bankers Trust Company, As Trustee for various trusts, and employee benefit plans, and investment advisor. By: /s/James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary Signature: BT Alex.Brown By: /s/ James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary CUSIP No. 370442830 Page 12 of 12 Pages Signature: Bankers Trust AG By: /s/ Walter Schnell Name: Walter Schnell Title: Deputy General Manager Signature: Alex.Brown Capital Advisory and Trust By: /s/ Gregg Hawes Name: Gregg Hawes Title: Secretary EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust Company is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to BT Alex. Brown and Alex. Brown Capital Advisory and Trust is shown below: Bankers Trust New York Corporation | | 100% | | BT Alex.Brown Holdings Incorporated | _________________________|________________ | | | | 100% 100% | | | | Alex. Brown Financial Corporation BT Alex. Brown Incorporated | | 100% | | Alex. Brown Asset Management Incorporated | | 100% | | Alex. Brown Capital Advisory and Trust Company EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust AG is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company | 100% | Bankers International Corporation | 100% | BT International (Delaware) Inc. | 100% | BT Foreign Investment Corporation | 100% | Bankers Trust AG -----END PRIVACY-ENHANCED MESSAGE-----