-----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, Nz5+iL0IVya61v+k+scDqyMxblKeRqeYfNfSTZbuSzQ0mLUqHikg/67akn5NSwqD XA/457IjIQk3Esmm1hxwhA== 0000950123-97-001579.txt : 19970223 0000950123-97-001579.hdr.sgml : 19970223 ACCESSION NUMBER: 0000950123-97-001579 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970221 SROS: NONE GROUP MEMBERS: CISNEROS GUSTAVO A GROUP MEMBERS: RICARDO CISNEROS GROUP MEMBERS: VENEVISION INTERNATIONAL LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNIVISION COMMUNICATIONS INC CENTRAL INDEX KEY: 0001017008 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 954398884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48237 FILM NUMBER: 97540793 BUSINESS ADDRESS: STREET 1: 1999 AVENUE OF THE STARS STE 3050 CITY: LOS ANGLES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105567600 MAIL ADDRESS: STREET 1: 1999 AVENUE OF THE STARS INC SUITE 3050 CITY: LOS ANGLES STATE: CA ZIP: 90067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CISNEROS GUSTAVO A CENTRAL INDEX KEY: 0001034114 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O FINSER CORP STREET 2: 550 BILTMORE WAY 9TH FL CITY: CORAL GABLES STATE: FL ZIP: 33134 MAIL ADDRESS: STREET 1: C/O FINSER CORP STREET 2: 550 BILTMORE WAY 9TH FL CITY: CORAL GABLES STATE: FL ZIP: 33134 SC 13G 1 SCHDULE 13G 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __) UNIVISION COMMUNICATIONS INC. (Name of Issuer) CLASS A COMMON STOCK (Title of Class of Securities) 914906102 (CUSIP Number) --------------- Page 1 of 10 Pages 2 SCHEDULE 13G CUSIP NO.: 914906102 (1) NAME OF REPORTING PERSON: Gustavo A. Cisneros 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) / / (3) SEC USE ONLY (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Venezuela NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: -0- (6) SHARED VOTING POWER: 4,459,290 shares of Class A Common Stock (7) SOLE DISPOSITIVE POWER: -0- (8) SHARED DISPOSITIVE POWER: 4,459,290 shares of Class A Common Stock (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,459,290 shares of Class A Common Stock (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(1) /X/ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 27% of Class A Common Stock (12) TYPE OF REPORTING PERSON: IN - -------- (1) Excludes warrants to purchase an aggregate of 6,859,425 shares of Class V Convertible Common Stock which may be exercised only to the extent that such exercise would not cause a violation of the Communications Act of 1934, as amended. Page 2 of 10 Pages 3 SCHEDULE 13G CUSIP NO.: 91406102 (1) NAME OF REPORTING PERSON: Ricardo Cisneros 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) / / (3) SEC USE ONLY (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Venezuela NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: -0- (6) SHARED VOTING POWER: 4,459,290 shares of Class A Common Stock (7) SOLE DISPOSITIVE POWER: -0- (8) SHARED DISPOSITIVE POWER: 4,459,290 shares of Class A Common Stock (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,459,290 shares of Class A Common Stock (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(1) /X/ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 27% of Class A Common Stock (12) TYPE OF REPORTING PERSON: IN Page 3 of 10 Pages 4 SCHEDULE 13G CUSIP NO.: 914906102 (1) NAME OF REPORTING PERSON: Venevision International Limited 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) / / (3) SEC USE ONLY (4) CITIZENSHIP OR PLACE OF ORGANIZATION: British Virgin Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (5) SOLE VOTING POWER: -0- (6) SHARED VOTING POWER: 4,306,431 shares of Class A Common Stock (7) SOLE DISPOSITIVE POWER: -0- (8) SHARED DISPOSITIVE POWER: 4,306,431 shares of Class A Common Stock (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,306,431 shares of Class A Common Stock (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(1) /X/ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 27% of Class A Common Stock (12) TYPE OF REPORTING PERSON: CO Page 4 of 10 Pages 5 ITEM 1(a). NAME OF ISSUER: Univision Communications Inc. (the "Issuer") ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 1999 Avenue of the Stars Suite 3050 Los Angeles,California 90067 ITEM 2(a). NAME OF PERSON FILING: ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: ITEM 2(c). CITIZENSHIP: Gustavo A. Cisneros Quinta "La Canada" Callejon Galipan, Calle El Parque Caracas, Venezuela Ricardo J. Cisneros c/o Guri Organizacion de Servicios C.A. Paseo Enrique Eraso Centro Comercial Paseo Las Mercedes Piso 2 Caracas, Venezuela Venevision International Limited Omar Hodge Building Wickham's Cay, Road Town Tortola, British Virgin Islands ITEM 2(d). TITLE OF CLASS OF SECURITIES: Class A Common Stock(2) ITEM 2(e). CUSIP NUMBER: 914906102 - -------- (2) The securities that give rise to each Reporting Person's reporting obligation are shares of Class V Common Stock, which are convertible into Class A Common Stock on a share for share basis. Pursuant to Rule 13d-3(d)(1)(i), such shares of Class V Common Stock shall be deemed to be outstanding shares of Class A Common Stock for the purpose of computing the percentage of outstanding securities of Class A Common Stock deemed beneficially owned by the person filing this report. Page 5 of 10 Pages 6 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or dealer registered under Section 15 of the Act, (b) / / Bank as defined in Section 3(a)(6) of the Act, (c) / / Insurance Company as defined in Section 3(a)(19) of the Act, (d) / / Investment Company registered under Section 8 of the Investment Company Act, (e) / / Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, (f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund, see 13d-1(b)(1)(ii)(F), (g) / / Parent Holding Company, in accordance with Rule 13d-1(b) (ii)(G); see Item 7, (h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H). ITEM 4. OWNERSHIP. If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount beneficially owned: Gustavo A. Cisneros - 4,459,290 shares of Class A Common Stock Ricardo Cisneros - 4,459,290 shares of Class A Common Stock Venevision International Limited - 4,306,431 shares of Class A Common Stock (b) Percent of class: Gustavo A. Cisneros - 27% of Class A Common Stock Page 6 of 10 Pages 7 Ricardo Cisneros - 27% of Class A Common Stock Venevision International Limited - 27% of Class A Common Stock (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: -0- (ii) Shared power to vote or to direct the vote: Gustavo A. Cisneros - 4,459,290 shares of Class A Common Stock Ricardo Cisneros - 4,459,290 shares of Class A Common Stock Venevision International Limited - 4,306,431 shares of Class A Common Stock (iii) Sole power to dispose or to direct the disposition of: -0- (iv) Shared power to dispose or to direct the disposition of: Gustavo A. Cisneros - 4,459,290 shares of Class A Common Stock Ricardo Cisneros - 4,459,290 shares of Class A Common Stock Venevision International Limited - 4,306,431 shares of Class A Common Stock Each of Gustavo and Ricardo Cisneros disclaims beneficial ownership of all of the above shares of Class A Common Stock. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the Common Stock, check the following / /. Page 7 of 10 Pages 8 ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. See Exhibit A attached hereto ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable ITEM 10. CERTIFICATION. Not applicable The Reporting Persons' holdings as reported herein should not be construed as a recommendation to buy, sell or hold securities of the Issuer. Page 8 of 10 Pages 9 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. February 21, 1997 /s/ Gustavo A. Cisneros __________________________________ Gustavo A. Cisneros /s/ Ricardo Cisneros __________________________________ Ricardo Cisneros VENEVISION INTERNATIONAL LIMITED By: /s/ Alejandro Rivera ______________________________ Name: Alejandro Rivera Page 9 of 10 Pages EX-99.A 2 IDENTIFICATION AND CLASSIFICATION OF MEMBERS 1 EXHIBIT A Members of the Group - -------------------- Gustavo A. Cisneros Ricardo Cisneros Venevision International Limited Page 10 of 10 pages -----END PRIVACY-ENHANCED MESSAGE-----