-----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, RoGfMkn+xBu+RtALGpf4sQn/+hmmM+9Ux8z2pjGliVr1amG+ONJCjPRfCM7EKnTz d0Zkv5nUO4+wmVNjUUFyfw== 0000902664-97-000204.txt : 19970618 0000902664-97-000204.hdr.sgml : 19970618 ACCESSION NUMBER: 0000902664-97-000204 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970617 SROS: NASD GROUP MEMBERS: AUSTIN CALVERT & FLAVIN INC /TX/ /ADV GROUP MEMBERS: AUSTIN, CALVERT & FLAVIN, INC. GROUP MEMBERS: EDWARD H AUSTIN, JR GROUP MEMBERS: ENCINO PARTNERS L.P. GROUP MEMBERS: HARRY M. FLAVIN GROUP MEMBERS: JONATHAN C. CALVERT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROWN TOM INC /DE CENTRAL INDEX KEY: 0000014803 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 951949781 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33402 FILM NUMBER: 97625439 BUSINESS ADDRESS: STREET 1: 508 W WALL STREET 2: STE 500 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 9156829715 FORMER COMPANY: FORMER CONFORMED NAME: BROWN TOM DRILLING CO INC DATE OF NAME CHANGE: 19710915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AUSTIN CALVERT & FLAVIN INC /TX/ /ADV CENTRAL INDEX KEY: 0000350712 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 742140265 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 112 E PECAN STREET 2: SUITE 2800 CITY: SAN ANTONIO STATE: TX ZIP: 78205 BUSINESS PHONE: 2102248241 MAIL ADDRESS: STREET 1: 112 EAST PECAN STE 2800 STREET 2: SUITE 2800 CITY: ANTONIO STATE: TX ZIP: 78205 FORMER COMPANY: FORMER CONFORMED NAME: AUSTIN CALVERT & FLAVIN INC /TX/ /ADV DATE OF NAME CHANGE: 19960628 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No.2)* TOM BROWN, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 115660201 (CUSIP Number) Jonathan C. Calvert Austin, Calvert & Flavin, Inc. 112 East Pecan, Suite 2800, San Antonio, Texas 78205 (210) 224-8241 (Name, address and telephone number of person authorized to receive notices and communications) June 13, 1997 (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 Rule 13d-1(b)(3) or (4), check the following box [ ]. 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 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 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). 13D CUSIP No. 115660201 ____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Austin, Calvert & Flavin, Inc. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [X] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** 00 AF _____________________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER -0- SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 1,866,750 OWNED BY ___________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 1,866,750 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,866,750 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IA CO ____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! 13D CUSIP No. 115660201 ____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Encino Partners, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [X] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC ____________________________________________________________ (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 -0- SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 200,000 OWNED BY ___________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 200,000 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .8% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! 13D CUSIP No. 115660201 ____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edward H. Austin, Jr. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [X] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** 00, 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 _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER 253,900 SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,066,750 OWNED BY ___________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER 253,900 REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,066,750 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,320,650 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! 13D CUSIP No. 115660201 ____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jonathan C. Calvert _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [X] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** 00 ____________________________________________________________ (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 5,000 SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,066,750 OWNED BY ___________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER 5,000 REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,066,750 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,071,750 _____________________________________________________________________________ (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 ____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! 13D CUSIP No. 115660201 ____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Harry M. Flavin _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [X] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** 00 _____________________________________________________________________________ (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 -0- SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,066,750 OWNED BY ___________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,066,750 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,066,750 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! The Schedule 13D, initially filed on June 19, 1996, as amended by Amendment No. 1, filed on January 3, 1997 (the "Schedule 13D"),of Austin, Calvert & Flavin, Inc. ("AC&F"), Encino Partners, L.P. ("Encino"), Edward H. Austin, Jr., Jonathan C. Calvert and Harry M. Flavin, relating to shares of Common Stock (the "Shares") of Tom Brown, Inc.(the "Company"), a Delaware corporation, is hereby amended by this Amendment No.2 to the Schedule 13D as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The investment cost is (i) $31,950,809 for 1,866,750 Shares beneficially owned by AC&F, (ii) $2,824,343 for 200,000 Shares beneficially owned by Encino, (iii) $4,159,783 for 253,900 Shares beneficially owned by Mr. Austin other than those owned by AC&F and Encino, and (iv) $87,165 for 5,000 Shares beneficially owned by Mr. Calvert other than those owned by AC&F and Encino. Mr. Flavin does not beneficially own any Shares other than the Shares owned by AC&F and Encino. The aggregate investment cost of all the Shares beneficially owned by the Group is $39,022,100. The Shares purchased by Encino were purchased with its investment capital. The Shares purchased by Mr. Austin for himself and members of Mr. Austin's family were purchased with personal funds and investment capital of such persons. Shares purchased by Mr. Calvert for himself were purchased with personal funds. The Shares purchased by AC&F on behalf of discretionary accounts managed by it were purchased with the investment capital of the respective discretionary account. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The approximate aggregate percentage of Shares reported beneficially owned by each person herein is based on 23,950,714 Shares outstanding as of June 2, 1997 based on discussions with representatives of the Company on June 2, 1997. The aggregate number of Shares beneficially owned by the Group is 2,325,650 representing approximately 9.7% of the Shares outstanding. As of the date hereof: (i) AC&F owns directly no Shares. By reason of the provisions of Rule 13d-3 of the Act, AC&F may be deemed to own beneficially 1,866,750 Shares, constituting approximately 7.8% of the Shares outstanding. (ii) Encino owns directly 200,000 Shares, constituting approximately .8% of the Shares outstanding. (iii) Mr. Austin, by reason of the provisions of Rule 13d-3 of the Act, may be deemed to own beneficially 2,320,650 Shares (including 60,600 Shares of which are directly owned by Mr. Austin and 193,300 Shares of which have been purchased for discretionary accounts managed by Mr. Austin for the benefit of family members), constituting approximately 9.7% of the Shares outstanding. (iv) Mr. Calvert, by reason of the provisions of Rule 13d-3 of the Act, may be deemed to own beneficially 2,071,750 Shares (including 5,000 shares of which are directly owned by Mr. Calvert), constituting approximately 8.7% of the Shares outstanding. (v) Mr. Flavin owns directly no Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. Flavin may be deemed to own beneficially 2,066,750 Shares, constituting 8.6% of the Shares outstanding. (b) Messrs. Austin, Calvert and Flavin and AC&F share voting and investment power as to Shares held in discretionary accounts managed by AC&F. Messrs. Austin, Calvert and Flavin and Encino share voting and investment power as to Shares owned by Encino. Mr. Austin has sole power to vote and dispose of Shares directly owned by Mr. Austin and Shares owned by members of Mr. Austin's family. Mr. Calvert has sole power to vote and dispose of shares owned by Mr. Calvert. (c) The trading dates, number of shares of Common Stock purchased or sold and price per share for all transactions in the Shares from the 60th day prior to June 13, 1997 by AC&F on behalf of discretionary accounts managed by it are set forth on Schedule A. All such transactions were effected through Nasdaq. During such period, neither Encino, Mr. Austin (or members of Mr. Austin's Family), Mr. Calvert nor Mr. Flavin entered into any transactions in the Shares. (d) No person other than each respective record owner of Shares is known to have the right to receive or the power to direct the receipt of dividends from or the proceeds of sale of such Shares. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: June 17, 1997 /s/ JONATHAN C. CALVERT Jonathan C. Calvert, as President of Austin, Calvert & Flavin, Inc. /s/ HARRY M. FLAVIN Harry M. Flavin, as General Partner of Encino Partners, L.P. /s/ EDWARD H. AUSTIN, JR. Edward H. Austin, Jr. /s/ JONATHAN C. CALVERT Jonathan C. Calvert /s/ HARRY M. FLAVIN Harry M. Flavin Schedule A AC&F Managed Accounts Price Per Share Date of Number of Shares (including Transaction Entity Purchased/(Sold) Commissions, if any) - ---------------------------------------------------------------------------- 04/21/97 AC&F-Managed 800 18.000 04/25/97 AC&F-Managed (1,000) 17.875 04/29/97 AC&F-Managed 1,000 18.125 05/02/97 AC&F-Managed (600) 18.000 05/09/97 AC&F-Managed 2,800 20.000 05/13/97 AC&F-Managed (1,000) 21.000 05/15/97 AC&F-Managed 800 19.875 05/20/97 AC&F-Managed 3,000 19.750 05/20/97 AC&F-Managed 2,000 19.875 05/20/97 AC&F-Managed 2,000 20.000 05/22/97 AC&F-Managed 300 20.125 05/30/97 AC&F-Managed 3,600 19.875 05/30/97 AC&F-Managed 700 20.125 06/03/97 AC&F-Managed 6,000 20.000 06/04/97 AC&F-Managed 500 20.125 06/05/97 AC&F-Managed 3,900 20.125 06/13/97 AC&F-Managed 2,900 19.250 -----END PRIVACY-ENHANCED MESSAGE-----