-----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, GQKcKvkMjYmgw5EEnwpUBAv35k8uRVCCx7TGPgYKso2y220w9q0bQk3p6jDDFsEc xkx+zr22XgS8h60vOyaOEw== /in/edgar/work/0000950134-00-009136/0000950134-00-009136.txt : 20001109 0000950134-00-009136.hdr.sgml : 20001109 ACCESSION NUMBER: 0000950134-00-009136 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001108 GROUP MEMBERS: FORD GERALD J GROUP MEMBERS: JEREMY B FORD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LIBERTE INVESTORS INC CENTRAL INDEX KEY: 0001017907 STANDARD INDUSTRIAL CLASSIFICATION: [6799 ] IRS NUMBER: 751328153 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46759 FILM NUMBER: 755239 BUSINESS ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2148715935 MAIL ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FORD GERALD J CENTRAL INDEX KEY: 0001021572 STANDARD INDUSTRIAL CLASSIFICATION: [ ] STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 350 S GRAND AVENUE STREET 2: 52ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 2132104931 MAIL ADDRESS: STREET 1: 350 S GRAND AVENUE STREET 2: 52ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13D/A 1 d81566a3sc13da.txt AMENDMENT NO. 3 TO SCHEDULE 13D 1 -------------------------------- OMB APPROVAL -------------------------------- OMB NUMBER: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per form..............14.9 -------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3 )* LIBERTE INVESTORS INC. --------------------------------------------------------------- (Name of Issuer) COMMON STOCK --------------------------------------------------------------- (Title of Class of Securities) 530154-10-3 --------------------------------------------------------------- (CUSIP Number) WITH A COPY TO: GERALD J. FORD MICHAEL M. BOONE HUNTER'S GLEN/FORD, LTD. HAYNES AND BOONE, LLP 200 CRESCENT COURT, 901 MAIN STREET SUITE 1350 SUITE 3100 DALLAS, TEXAS 75201 DALLAS, TEXAS 75202-3789 (214) 873-5131 (214) 651-5000 --------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) OCTOBER 24, 2000 --------------------------------------------------------------- (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent. *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). 2 --------------------- Page 2 of 7 Pages --------------------- SCHEDULE 13D - -------------------------------- CUSIP No. - 530154-10-3 - -------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only) Gerald J. Ford, individually and as the sole trustee and sole grantor of Turtle Creek Revocable Trust - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 665,800 NUMBER OF SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER 8,002,439 OWNED BY EACH ---------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER 665,800 PERSON WITH ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER 8,002,439 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,668,239 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.79% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 3 --------------------- Page 3 of 7 Pages --------------------- SCHEDULE 13D - -------------------------------- CUSIP No. - 530154-10-3 - -------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only) Jeremy B. Ford - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 596,500 NUMBER OF SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY EACH ---------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER 596,500 PERSON WITH ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 596,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 4 --------------------- Page 4 of 7 Pages --------------------- This Amendment No. 3 to Schedule 13D is being filed by Gerald J. Ford, as an individual and as sole trustee of the Turtle Creek Revocable Trust, Ford Diamond Corporation, Hunter's Glen/Ford, Ltd. and Jeremy B. Ford to amend the Amendment 2 to Schedule 13D dated July 31, 2000 filed by Gerald J. Ford, as an individual and as sole trustee of the Turtle Creek Revocable Trust, Ford Diamond Corporation, Hunter's Glen/Ford, Ltd. and Jeremy B. Ford (the "Amendment No. 2"): (i) to amend Items 4, 7, 9, 11 and 13 of Gerald J. Ford's cover page, (ii) to amend Items 7, 9, 11 and 13 of Jeremy B. Ford's cover page and (iii) to amend Items 3, 4, 5, and 7 to incorporate the effects of items (i) and (ii), the acquisition by Jeremy B. Ford of 330,000 shares of Liberte Investors Inc. common stock, and the acquisition by Gerald J. Ford, as sole trustee and sole grantor of the Turtle Creek Revocable Trust, of 20,000 shares of Liberte Investors Inc. common stock. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 is hereby amended by adding the following: The $60,600 purchase price of the shares purchased by Gerald J. Ford, as sole trustee and sole grantor of the Turtle Creek Revocable Trust, represents cash from the Turtle Creek Revocable Trust's funds. The $958,650 purchase price of the shares purchased by Jeremy B. Ford represents funds distributed to Jeremy B. Ford from a trust established for his benefit. ITEM 4. PURPOSE OF THE TRANSACTION Item 4 is hereby amended by adding the following: Gerald J. Ford, as sole trustee and sole grantor of the Turtle Creek Revocable Trust, and Jeremy B. Ford acquired the shares of common stock for investment purposes. Except as described herein, neither has any present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Gerald J. Ford, as sole trustee and sole grantor of the Turtle Creek Revocable Trust, and Jeremy B. Ford reserve the right to acquire additional securities of Liberte Investors Inc., to dispose of such securities at any time, or to formulate other purposes, plans or proposals regarding Liberte Investors Inc. or any of its securities, to the extent deemed advisable in light of their general investment policies, market conditions or other factors. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 is hereby amended as follows: (a) and (b). Gerald J. Ford, as sole trustee and sole grantor of the Turtle Creek Revocable Trust, is the record owner of 665,800 shares of Liberte Investors Inc. common stock, which represents 5 --------------------- Page 5 of 7 Pages --------------------- approximately 3.3% of Liberte Investors Inc.'s outstanding common stock. As sole trustee and sole grantor of the Turtle Creek Revocable Trust, Gerald J. Ford has sole voting and dispositive power over these shares. Jeremy B. Ford is the record and beneficial owner of 596,500 shares of Liberte Investors Inc. common stock, which represents approximately 2.9% of Liberte Investors Inc.'s outstanding common stock, and is deemed to have sole power to vote, or direct the vote of, and to dispose, or direct the disposition of, these 596,500 shares of Liberte Investors Inc. common stock. (c) The following table details the transactions in shares of common stock of Liberte Investors Inc. by the Reporting Persons in the past 60 days.
Date Transaction Quantity Price ---- ----------- -------- ----- October 12, 2000 Open Market Purchase by Gerald J. Ford, 20,000 $3.00/share as sole trustee and sole grantor of the Turtle Creek Revocable Trust October 24, 2000 Open Market Purchase by Jeremy B. Ford 330,000 $2.875/share
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit F: Joint filing Agreement dated November 8, 2000, among Gerald J. Ford, as an individual and as sole trustee of the Turtle Creek Revocable Trust, Ford Diamond Corporation, Hunter's Glen/Ford, Ltd. and Jeremy B. Ford. 6 --------------------- Page 6 of 7 Pages --------------------- SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. November 8, 2000 /s/ GERALD J. FORD ------------------------------------------------------------- Gerald J. Ford, as an individual and as sole trustee of the Turtle Creek Revocable Trust November 8, 2000 FORD DIAMOND CORPORATION, a Texas corporation By: /s/ GERALD J. FORD ----------------------------------------------------- Name: Gerald J. Ford Title: President November 8, 2000 HUNTER'S GLEN/FORD, LTD, a Texas limited partnership By: /s/ GERALD J. FORD ----------------------------------------------------- Name: Gerald J. Ford Title: President November 8, 2000 /s/ JEREMY B. FORD ------------------------------------------------------------- Jeremy B. Ford 7 --------------------- Page 7 of 7 Pages --------------------- EXHIBIT F Agreement Pursuant to Rule 13d-1(k) filed herewith Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below. November 8, 2000 /s/ GERALD J. FORD ------------------------------------------------------------- Gerald J. Ford, as an individual and as sole trustee of the Turtle Creek Revocable Trust November 8, 2000 FORD DIAMOND CORPORATION, a Texas corporation By: /s/ GERALD J. FORD ----------------------------------------------------- Name: Gerald J. Ford Title: President November 8, 2000 HUNTER'S GLEN/FORD, LTD, a Texas limited partnership By: /s/ GERALD J. FORD ----------------------------------------------------- Name: Gerald J. Ford Title: President November 8, 2000 /s/ JEREMY B. FORD ------------------------------------------------------------- Jeremy B. Ford -----END PRIVACY-ENHANCED MESSAGE-----