-----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, DWgs+rUgtqy64Y06bFEo+oN+JfjHh9E1P5OVWDrmkll1Np+dODXo2cqyo8OoZp50 G0jqW57O13uey9lDEYQTXA== 0000030697-06-000066.txt : 20060328 0000030697-06-000066.hdr.sgml : 20060328 20060328161654 ACCESSION NUMBER: 0000030697-06-000066 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060328 DATE AS OF CHANGE: 20060328 GROUP MEMBERS: MADISON WEST ASSOCIATES CORP. GROUP MEMBERS: NEALE M. ALBERT GROUP MEMBERS: NELSON PELTZ GROUP MEMBERS: PETER W. MAY GROUP MEMBERS: TRIARC COMPANIES, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENCORE CAPITAL GROUP INC CENTRAL INDEX KEY: 0001084961 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 481090909 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58347 FILM NUMBER: 06715274 BUSINESS ADDRESS: STREET 1: 8875 AERO DRIVE, SUITE 200 CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 8007590327 MAIL ADDRESS: STREET 1: 8875 AERO DRIVE, SUITE 200 CITY: SAN DIEGO STATE: CA ZIP: 92123 FORMER COMPANY: FORMER CONFORMED NAME: MCM CAPITAL GROUP INC DATE OF NAME CHANGE: 19990430 FORMER COMPANY: FORMER CONFORMED NAME: MIDLAND CORP OF KANSAS DATE OF NAME CHANGE: 19990423 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRIARC COMPANIES INC CENTRAL INDEX KEY: 0000030697 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] IRS NUMBER: 380471180 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-451-3000 MAIL ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: DWG CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DEISEL WEMMER GILBERT CORP DATE OF NAME CHANGE: 19680820 FORMER COMPANY: FORMER CONFORMED NAME: DWG CIGAR CORP DATE OF NAME CHANGE: 19680820 SC 13D/A 1 enc13d.txt AMENDMENT NO. 11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11)* Encore Capital Group, Inc. -------------------------- (Name of Issuer) Common Stock ($.01 par value) ----------------------------- (Title of Class of Securities) 292554 10 2 ----------- (CUSIP Number) Stuart I. Rosen Senior Vice President and Associate General Counsel Triarc Companies, Inc. 280 Park Avenue New York, New York 10017 --------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 21, 2006 (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), (f) or (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 ss.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 purposes 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). (1) Name of Reporting Person Madison West Associates Corp. I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- (2) Check the Appropriate Box (a) if a Member of a Group --------------------------------------- (b) X --------------------------------------- - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds OO - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power None Shares ------------------------------------------------------------- Beneficially (8) Shared Voting Power 875,881 Owned by Each ------------------------------------------------------------- Reporting (9) Sole Dispositive Power None Person With ------------------------------------------------------------- (10) Shared Dispositive Power 875,881 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 875,881 - -------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes [ ] Certain Shares - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 3.9%* - -------------------------------------------------------------------------------- (14) Type of Reporting Person CO * Based on 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006. (1) Name of Reporting Person Triarc Companies, Inc. I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- (2) Check the Appropriate Box (a) if a Member of a Group --------------------------------------- (b) X --------------------------------------- - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds OO - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power None Shares ------------------------------------------------------------- Beneficially (8) Shared Voting Power 977,156 Owned by Each ------------------------------------------------------------- Reporting (9) Sole Dispositive Power None Person With ------------------------------------------------------------- (10) Shared Dispositive Power 977,156 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 977,156 - -------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes [ ] Certain Shares - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 4.3%* - -------------------------------------------------------------------------------- (14) Type of Reporting Person CO * Based on 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006. (1) Name of Reporting Person Nelson Peltz I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- (2) Check the Appropriate Box (a) if a Member of a Group --------------------------------------- (b) X --------------------------------------- - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds OO - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power None Shares ------------------------------------------------------------- Beneficially (8) Shared Voting Power 1,965,160 Owned by Each ------------------------------------------------------------- Reporting (9) Sole Dispositive Power None Person With ------------------------------------------------------------- (10) Shared Dispositive Power 1,965,160 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,965,160 - -------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes [ ] Certain Shares - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 8.7%* - -------------------------------------------------------------------------------- (14) Type of Reporting Person IN * Based on 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006. (1) Name of Reporting Person Peter W. May I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- (2) Check the Appropriate Box (a) if a Member of a Group --------------------------------------- (b) X --------------------------------------- - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds OO - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power 15,000 Shares ------------------------------------------------------------- Beneficially (8) Shared Voting Power 977,156 Owned by Each ------------------------------------------------------------- Reporting (9) Sole Dispositive Power 15,000 Person With ------------------------------------------------------------- (10) Shared Dispositive Power 977,156 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 992,156 - -------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes [ ] Certain Shares - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 4.4%* - -------------------------------------------------------------------------------- (14) Type of Reporting Person IN * Based on 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006. (1) Name of Reporting Person Neale M. Albert I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- (2) Check the Appropriate Box (a) if a Member of a Group --------------------------------------- (b) X --------------------------------------- - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds OO - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number of (7) Sole Voting Power None Shares ------------------------------------------------------------- Beneficially (8) Shared Voting Power 43,635 Owned by Each ------------------------------------------------------------- Reporting (9) Sole Dispositive Power None Person With ------------------------------------------------------------- (10) Shared Dispositive Power 43,635 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 43,635 - -------------------------------------------------------------------------------- (12) Check Box if the Aggregate Amount in Row (11) Excludes [ ] Certain Shares - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.2%* - -------------------------------------------------------------------------------- (14) Type of Reporting Person IN * Based on 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006. Amendment No. 11 to Schedule 13D This Amendment No. 11 to Schedule 13D amends the Schedule 13D originally filed on March 4, 2002 (the "Original Statement"), as supplemented and amended by Amendment No. 1, dated October 31, 2002, Amendment No. 2, dated September 4, 2003, Amendment No. 3, dated September 29, 2003, Amendment No. 4 dated October 9, 2003, Amendment No. 5 dated October 16, 2003 and Amendment No. 6 dated December 23, 2004, Amendment No. 7 dated January 20, 2005, Amendment No. 8 dated May 12, 2005, Amendment No. 9 dated June 17, 2005 and Amendment No. 10 dated January 23, 2006 (the Original Statement, as so amended, the "Schedule 13D"). Unless otherwise indicated, all capitalized terms shall have the same meaning as provided in the Schedule 13D. Except as set forth below, there are no changes to the information set forth in the Schedule 13D. Item 2. Identity and Background Schedules I and II are hereby amended and restated as set forth herein and are incorporated herein by reference. Item 4. Purpose of Transaction Item 4 of the Schedule 13D is hereby amended by adding the following: On March 21, 2006, Madison West and the Peltz LP each filed a Form 144 with the Securities and Exchange Commission with respect to the proposed sale of up to 220,919 shares of Common Stock by Madison West and up to 229,655 shares of Common Stock by the Peltz LP, respectively. On March 21, Madison West sold a total of 220,919 shares of Common Stock and the Peltz LP sold a total of 229,655 shares of Common Stock. Item 5. Interest in Securities of the Issuer. Paragraphs (i), (ii) (iv) and (v) of Part (a)-(b) of Item 5 are amended and restated to read in their entirety as follows: (i) Pursuant to Rule 13d-3 of the Exchange Act, Madison West may be deemed the beneficial owner of 875,881 shares of Common Stock, which constitute approximately 3.9% of the Company's outstanding shares of Common Stock (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006). Madison West shares with Triarc, Mr. Peltz and Mr. May voting and dispositive power over the 875,881 shares of Common Stock directly owned by Madison West; (ii) Pursuant to Rule 13d-3 of the Exchange Act, Triarc may be deemed the beneficial owner of 977,156 shares of Common Stock, including (i) 875,881 shares of Common Stock directly owned by Madison West and (ii) 101,275 shares of Common Stock directly owned by Triarc. The aggregate holdings of Triarc constitute approximately 4.3% of the Company's outstanding shares of Common Stock (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006). Triarc shares with Madison West, Mr. Peltz and Mr. May voting and dispositive power over the 875,881 shares of Common Stock directly owned by Madison West and shares with Mr. Peltz and Mr. May voting and dispositive power over the 101,275 shares of Common Stock directly owned by Triarc; (iv) On May 9, 2004 Mr. Peltz transferred all of his general partnership interests in the Peltz LP to Claudia Peltz, his wife, as a result of which Mrs. Peltz became the sole general partner of the Peltz LP. Immediately thereafter, Mrs. Peltz contributed all of the general partnership interests in the Peltz LP to a limited liability company of which she is the sole member. On January 23, 2006, the Peltz LP pledged 1,174,024 shares of Common Stock to a third party brokerage firm as security for a margin account. On March 21, 2006, 229,655 of the shares owned by the Peltz LP were sold. Accordingly, Mr. Peltz may be deemed to beneficially own 944,369 shares of Common Stock directly owned by the Peltz LP. As a co-trustee of the Peltz Family Foundation, Mr. Peltz shares voting and dispositive power over of the 43,635 shares of Common Stock directly owned by the Peltz Family Foundation. As a result of the Voting Agreement, Mr. Peltz and Mr. May may be deemed to beneficially own, in the aggregate, approximately 45.1% of the voting power of the outstanding Class A Common Stock and Class B Common Stock, of Triarc (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 23,964,599 shares of Class A Common Stock and 52,472,346 shares of Class B Common Stock of Triarc outstanding as of October 31, 2005, as reported in Triarc's Form 10-Q as filed with the Securities and Exchange Commission on November 14, 2005), and thus Mr. Peltz shares voting and dispositive power with Triarc and Mr. May over the 977,156 shares of Common Stock beneficially owned by Triarc (see (ii) above). As a result, pursuant to Rule 13d-3 of the Exchange Act, Mr. Peltz may be deemed the indirect beneficial owner of (i) the 944,369 shares of Common Stock directly owned by the Peltz LP, (ii) the 43,635 shares of Common Stock directly owned by the Peltz Family Foundation and (iii) the 977,156 shares of Common Stock beneficially owned by Triarc, which, in the aggregate, constitute approximately 8.7% of the Company's outstanding shares of Common Stock (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006). Mr. Peltz disclaims beneficial ownership of such shares; (v) Mr. May beneficially owns 15,000 shares of Common Stock that he acquired through a brokerage transaction and has sole voting and dispositive power over such shares. As a result of the Voting Agreement, Mr. Peltz and Mr. May may be deemed to beneficially own approximately 45.1% of the voting power of the outstanding Class A Common Stock and Class B Common Stock, of Triarc (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 23,964,599 shares of Class A Common Stock and 52,472,346 shares of Class B Common Stock of Triarc outstanding as of October 31, 2005, as reported in Triarc's Form 10-Q as filed with the Securities and Exchange Commission on November 14, 2005), and thus, Mr. May shares with Triarc and Mr. Peltz voting and dispositive power over the 977,156 shares of Common Stock beneficially owned by Triarc (see (ii) above). As a result, pursuant to Rule 13d-3 of the Exchange Act, Mr. May may be deemed the beneficial owner of (i) the 977,156 shares of Common Stock beneficially owned by Triarc, and (ii) the 15,000 shares of Common Stock owned directly by Mr. May, which, in the aggregate, constitute approximately 4.4% of the Company's outstanding shares of Common Stock Stock (computed in accordance with Rule 13d-3 of the Exchange Act and on the basis of 22,671,314 shares of Common Stock outstanding as of February 20, 2006, as reported in the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2006). Mr. May disclaims beneficial ownership of all such shares other than the 15,000 shares of Common Stock that he owns directly; SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement with respect to the undersigned is true, complete and correct. Date: March 28, 2006 MADISON WEST ASSOCIATES CORP. By: /s/STUART I. ROSEN ------------------------------------------ Name: Stuart I. Rosen Title: Senior Vice President and Secretary TRIARC COMPANIES, INC. By: /s/STUART I. ROSEN ------------------------------------------ Name: Stuart I. Rosen Title: Senior Vice President and Secretary /S/NELSON PELTZ ---------------------------------------------- Nelson Peltz /S/PETER W. MAY ---------------------------------------------- Peter W. May /S/NEALE M. ALBERT ---------------------------------------------- Neale M. Albert SCHEDULE I DIRECTORS AND EXECUTIVE OFFICERS TRIARC COMPANIES, INC. Set forth below are the names, citizenship, addresses and, to the best knowledge of the Reporting Persons, the beneficial ownership in the securities of the Company of each of the directors and executive officers of Triarc, other than Messrs. Peltz and May who are also Reporting Persons. (1) - ------------------------------- --------------------- --------------------------------- ------------------------- Name Citizenship Residence or Business Address Beneficial Ownership - ------------------------------- --------------------- --------------------------------- ------------------------- Hugh L. Carey USA 805 Third Avenue New York, NY 10022 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Clive Chajet USA 575 Madison Avenue, New York, NY 10022 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Joseph A. Levato USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Gregory H. Sachs USA 8700 West Bryn Mawr, 12th Fl. Chicago, IL 60631 0 - ------------------------------- --------------------- --------------------------------- ------------------------- David E. Schwab II USA 1133 Avenue of the Americas New York, NY 10036 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Raymond S. Troubh USA 10 Rockefeller Plaza New York, NY 10020 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Gerald Tsai, Jr. USA 200 Park Avenue New York, NY 10166 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Jack G. Wasserman USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Edward Garden USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Russell V. Umphenour, Jr. USA 5995 Barfield Road Atlanta, GA 30328 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Brian L. Schorr USA 280 Park Avenue New York, NY 10017 5,008 (2) (3) - ------------------------------- --------------------- --------------------------------- ------------------------- Francis T. McCarron USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Greg Essner USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Stuart I. Rosen USA 280 Park Avenue New York, NY 10017 22,000 (2) - ------------------------------- --------------------- --------------------------------- ------------------------- Fred H. Schaefer USA 280 Park Avenue New York, NY 10017 50,000 (2) - ------------------------------- --------------------- --------------------------------- ------------------------- Anne A. Tarbell USA 280 Park Avenue New York, NY 10017 0 - ------------------------------- --------------------- --------------------------------- ------------------------- Douglas N. Benham USA 1155 Perimeter Center West Atlanta, Georgia 30338 0 - ------------------------------- --------------------- --------------------------------- ------------------------- 1) To the best knowledge of the Reporting Persons, except where otherwise noted, each of the directors and executive officers of Triarc listed above (i) funded their purchase of shares of Common Stock reported herein from personal funds; (ii) acquired the shares of Common Stock for investment purposes; (iii) has sole voting and dispositive power over the shares listed on this Schedule I and (iv) has the sole right to receive dividends from, or the proceeds from the sale of the shares listed on this Schedule I. 2) Consists of Common Stock. 3) The shares reported herein are held by Mr. Schorr's wife, as to which shares Mr. Schorr disclaims beneficial ownership.
SCHEDULE II DIRECTORS AND EXECUTIVE OFFICERS MADISON WEST ASSOCIATES CORP. Set forth below are the names, citizenship, addresses and, to the best knowledge of the Reporting Persons, the beneficial ownership in the securities of the Company of each of the directors and executive officers of Madison West. (1) - ---------------------------- -------------------------- -------------------------- -------------------------- Name Citizenship Residence or Business Beneficial Ownership Address - ---------------------------- -------------------------- -------------------------- -------------------------- Edward Garden USA 280 Park Avenue New York, NY 10017 0 - ---------------------------- -------------------------- -------------------------- -------------------------- Francis T. McCarron USA 280 Park Avenue New York, NY 10017 0 - ---------------------------- -------------------------- -------------------------- -------------------------- Brian L. Schorr USA 280 Park Avenue New York, NY 10017 5,008 (2) - ---------------------------- -------------------------- -------------------------- -------------------------- Greg Essner USA 280 Park Avenue New York, NY 10017 0 - ---------------------------- -------------------------- -------------------------- -------------------------- Stuart I. Rosen USA 280 Park Avenue New York, NY 10017 22,000 (2) - ---------------------------- -------------------------- -------------------------- -------------------------- Fred H. Schaefer USA 280 Park Avenue New York, NY 10017 50,000 (2) - ---------------------------- -------------------------- -------------------------- -------------------------- Anne A. Tarbell USA 280 Park Avenue New York, NY 10017 0 - ---------------------------- -------------------------- -------------------------- -------------------------- 1) To the best knowledge of the Reporting Persons, except where otherwise noted, each of the directors and executive officers of Madison West listed above (i) funded their purchase of shares of Common Stock reported herein from personal funds; (ii) acquired the shares of Common Stock for investment purposes; and (iii) has sole voting and dispositive power over the shares listed on this Schedule II. 2) See Schedule I.
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