-----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, S6O7TGz8YNxBhORTILfzJmG9kETIMvCTuTl7YYtkp5vRLT8ila6Umaih/RfnAOBE QHIuK5P8M9CeKOTiX42Dzg== 0000898382-95-000033.txt : 19970415 0000898382-95-000033.hdr.sgml : 19970415 ACCESSION NUMBER: 0000898382-95-000033 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950907 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ZALE CORP CENTRAL INDEX KEY: 0000109156 STANDARD INDUSTRIAL CLASSIFICATION: 5944 IRS NUMBER: 750675400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12429 FILM NUMBER: 95570893 BUSINESS ADDRESS: STREET 1: 901 W WALNUT HILL LN CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 2145804000 MAIL ADDRESS: STREET 1: 901 WEST WALNUT HILL LANE CITY: IRVING STATE: TX ZIP: 75038-1003 FORMER COMPANY: FORMER CONFORMED NAME: ZALE JEWELRY CO INC DATE OF NAME CHANGE: 19710510 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COOPERMAN LEON G CENTRAL INDEX KEY: 0000898382 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 128321905 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 88 PINE STREET STREET 2: WALL STREET PLAZA 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-495-52 MAIL ADDRESS: STREET 1: 88 PINE STREET STREET 2: WALL ST PLAZA 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 SC 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4)* ZALE CORPORATION (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) 988858106 (CUSIP Number) Alan M. Stark, Esq. 80 Main Street West Orange, NJ 07052 (201)325-8660 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications.) September 6, 1995 (Date of Event which Requires Filing of this Statement) If this 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 [ ]. Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting 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.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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). SCHEDULE 13D CUSIP No. 988858106 __________________________________________________________________ 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person LEON G. COOPERMAN S.S. No. ###-##-#### _________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds: WC _________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). . . . . . . . . . . . . NOT APPLICABLE _________________________________________________________________ 6) Citizenship or place of Organization: NOT APPLICABLE _________________________________________________________________ (7) Sole voting Power Number of 2,373,649 Shares Bene- ____________________________________________________ ficially (8) Shared Voting Power owned by 495,024 Each Report- ____________________________________________________ ing Person (9) Sole Dispositive Power With 2,373,649 ____________________________________________________ (10) Shared Dispositive Power 495,024 _________________________________________________________________ 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 2,868,673 ________________________________________________________________ 12) Check if the Aggregate Amount in Row (11) N/A _________________________________________________________________ 13) Percent of Class Represented by Amount in Box (11): 8.2% _________________________________________________________________ 14) Type of Reporting Person I N Item 3. Source and Amount of Funds or Other Consideration. Cooperman beneficially owns 2,373,649 Shares. Of this amount, 1,047,365 Shares were purchased on behalf of Omega Capital Partners, L.P., at a cost of $6,981,070; 888,065 Shares were purchased on behalf of Omega Institutional Partners, L.P., at a cost of $6,211,571; 381,747 Shares were purchased on behalf of Omega Overseas Partners, Ltd. at a cost of $3,408,400; 56,472 Shares were purchased on behalf of Omega Overseas Partners II, Ltd., at a cost of $585,974; and 453,996 Shares were purchased on behalf of the Managed Account at a cost of $4,284,054. The source of funds for the purchase of all such Shares was investment capital. Item 5. Interest in Securities of the Issuer. Based upon the information contained in the Company's Form 10-Q for the quarter ended April 30, 1995 filed with the Securities & Exchange Commission, there were issued and outstanding as of May 31, 1995 34,981,008 Shares of Common Stock. Omega Capital Partners, L.P., owns 1,047,365 Shares, or 3.0% of those outstanding; Omega Institutional Partners, L.P., owns 888,065 Shares, or 2.5% of those outstanding; Omega Overseas Partners, Ltd., owns 381,747 Shares, or 1.1% of those outstanding; Omega Overseas Partners II, Ltd., owns 56,472 Shares, or 0.2% of those outstanding; and the Managed Account owns 495,024 Shares, or 1.4% of those outstanding. The following table details the transactions by each of Omega Capital Partners, L.P., Omega Institutional Partners, L.P., Omega Overseas partners, Ltd., Omega Overseas Partners II, Ltd., and the Managed Account in shares of Common Stock since the last filing. All such transactions were sales and open market trans- actions. Omega Capital Partners, L.P. Date of Amount of Price Per Transaction Shares Share 09/05/95 66,400 $14.3125 09/06/95 109,400 14.69 Omega Overseas Partners, Ltd. Date of Amount of Price Per Transaction Shares Share 09/05/95 27,400 $14.3125 09/06/95 38,500 14.69 Omega Overseas Partners II, Ltd. Date of Amount of Price Per Transaction Shares Share 09/05/95 6,200 $14.3125 09/06/95 5,700 14.69 Omega Institutional Partners, L.P. Date of Amount of Price Per Transaction Shares Share 09/06/95 12,400 $14.69 The Managed Account Date of Amount of Price Per Transaction Shares Share 07/26/95 4,300 $14.00 07/31/95 10,000 14.00 09/06/95 9,000 14.69 Signature After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: September 7, 1995 /s/ ALAN M. STARK ALAN M. STARK on behalf of LEON G. COOPERMAN, individually and as managing partner of Omega Capital Partners, L.P., Omega Institutional Partners, L.P., and President of Omega Advisors, Inc. and Manager of Omega Overseas Partners, Ltd. pursuant to Power of Attorney on file. ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----