-----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, SzPcm0oo+52k+brDrNJ7H1slJf+EL1gcGY52i5O9fbe0inFJ6EuRv6ys4hTpeuMN HsyQrtjxsWVz+CqnsAzOyQ== 0000932799-98-000010.txt : 19980123 0000932799-98-000010.hdr.sgml : 19980123 ACCESSION NUMBER: 0000932799-98-000010 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980122 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHAPARRAL RESOURCES INC CENTRAL INDEX KEY: 0000019252 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840630863 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-10253 FILM NUMBER: 98511199 BUSINESS ADDRESS: STREET 1: 3400 BISSONNET STREET STREET 2: SUITE 135 CITY: HOUSTON STATE: TX ZIP: 77005 BUSINESS PHONE: 713-669-09 MAIL ADDRESS: STREET 1: 621 17TH STREET SUITE 1301 CITY: DENVER STATE: CO ZIP: 80293 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALLEN & CO INC/ALLEN HOLDING INC CENTRAL INDEX KEY: 0000904807 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 711 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128328300 MAIL ADDRESS: STREET 1: 711 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) CHAPARRAL RESOURCES, INC. (Name of Issuer) Common Stock, Par Value, $0.10 Per Share (Title of Class of Securities) 159420207 (CUSIP Number) Gaetano J. Casillo Allen & Company Incorporated 711 Fifth Avenue, New York, New York 10022, (212) 832-8000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 8, 1998 (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 [ ]. 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). SCHEDULE 13D - ------------------- CUSIP No. 159420207 - ------------------- ============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Allen Holding Inc. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable - ----------------------------------------------------------------------------- 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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 7 SOLE VOTING POWER - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [x] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.5% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC ============================================================================== SCHEDULE 13D - ------------------- CUSIP No. 159420207 - ------------------- ============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Allen & Company Incorporated - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ----------------------------------------------------------------------------- 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 New York - ------------------------------------------------------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,031,107 (includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock.) - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [x] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.5% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO, BD ============================================================================== AMENDMENT NO. 1 TO THE SCHEDULE 13D The Reporting Persons hereby amend their Schedule 13D relating to the Common Stock, par value $0.10 per share, of Chaparral Resources, Inc., to report an acquisition of restricted stock pursuant to a privately negotiated transaction as set forth below. Item 3. Source and Amount of Funds or Other Consideration ACI purchased 1,072,049 shares of the Issuer's restricted Common Stock in connection with a Stock Purchase Agreement (a copy of which is attached hereto as Exhibit B) dated January 8, 1998, by and between ACI, as Purchaser, and Brae Capital Corporation, as Seller. ACI purchased the shares at a price of $2.00 per share for an aggregate purchase price of $2,544,098. On the same terms and pursuant to the same agreement, an accredited individual investor purchased 200,000 restricted shares of Issuer's Common Stock. Item 5. Interest in Securities of the Issuer (a) As of the close of business on January 8, 1998, the Reporting Persons, by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to own beneficially in the aggregate the number and percentage of the Issuer's Common Stock set forth opposite their names below (based upon the number of Shares of Common Stock that the Reporting Persons understand to be outstanding, 46,903,423).
============================================================================== Name Shares of Common Stock Percentage - ----------------------------------------------------------------------------- Allen Holding Inc. 9,031,107(1)(2)(3)(4) 18.5% - ----------------------------------------------------------------------------- Allen & Company Incorporated 9,031,107(1)(2)(3) 18.5% - --------------------------------------------------------------------------- ==============================================================================
(1) Includes 1,828,720 shares underlying warrants to purchase shares of the Issuer's Common Stock. (2) Does not include certain shares owned directly by certain officers and stockholders of ACI and AHI with respect to which ACI and AHI disclaim beneficial ownership. Certain officers and stockholders of AHI and ACI may be deemed to beneficially own certain shares of the Issuer's Common Stock reported to be beneficially owned directly by ACI and AHI. (3) Excludes shares held in ACI's market maker account. (4) Represents shares owned by ACI, a wholly-owned subsidiary of AHI. (b) AHI owns 100% of the outstanding stock of ACI, and so may be deemed to beneficially own the shares which ACI owns as reported in Item 5(a) herein. (c) In addition to the shares purchased in connection with the Stock Purchase Agreement described above, no trades were made by ACI or AHI for their own account in the past 60 other than in ACI's capacity as a market maker. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of Issuer (a) Stock Purchase Agreement dated January 8, 1998 by and between Allen & Company Incorporated ("Purchaser") and Brae Capital Corporation ("Seller") is attached hereto as Exhibit B. Item 7. Material to be filed as Exhibits Exhibit A -- Directors and Executive Offices of Allen Holding Inc. and Allen & Company Incorporated. Exhibit B -- Stock Purchase Agreement After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: January 20, 1998 ALLEN HOLDING INC. By: /s/ Gaetano J. Casillo - ---------------------------------------- Gaetano J. Casillo Vice President ALLEN & COMPANY INCORPORATED By: /s/ Gaetano J. Casillo - ---------------------------------------- Gaetano J. Casillo Vice President EXHIBIT A OFFICERS AND DIRECTORS OF ALLEN & COMPANY INCORPORATED Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Herbert A. Allen x President, Managing Director, Director, Chief Executive Officer Herbert A. Allen III x Vice President, Director Grace Allen x Director Eran S. Ashany x Vice President, Director Jonathan S. Bean x Vice President, Director Edmund M. Bleich x Vice President Denise Calvo-Silver x Vice President, Director Dominick J. Cantalupo x Co-Chief Operations Officer, Vice President Marvyn Carton x Director - Emeritus Gaetano J. Casillo x Chief Compliance Officer, Vice President Robert H. Cosgriff x Chief Administrative Officer, Executive Vice President, Managing Director, Director Richard M. Crooks, Jr. x Director Thalia V. Crooks x Vice President, Director Mary L. Cullen x Vice President, Secretary, Director Orin F. Devereux x Vice President, Director Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Howard M. Felson x Assistant Secretary, Vice President Anthony J. Ferrante x Treasurer Richard Fields x Executive Vice President, Managing Director, Director Paul A. Gould x Executive Vice President, Managing Director, Director John G. Hall x Vice President, Director Daniel P. Harley x Vice President John H. Josephson x Vice President, Director Clark R. Keough x Vice President, Director Donald R. Keough x Chairman of the Board, Director Dara Khosrowshahi x Vice President, Director Kaveh A. Khosrowshahi x Vice President, Director Neal Kopp x Vice President Irwin H. Kramer x Executive Vice President, Managing Director, Director Terry Allen Kramer x Director Suzanne G. Kucera x Vice President, Director Robert J. Kurz x Vice President P. Don Lattimer x Director William F. Leimkuhler x Assistant Secretary, Vice President General Counsel Jeffrey J. Logan x Vice President Dan W. Lufkin x Special Advisor to the Board of Directors Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Ellen F. Lynch x Vice President Robert A. Mackie x Executive Vice President, Managing Director, Director James C. Maiden, Jr. x Vice President Terence A. McCarthy x Co-Chief Operations Officer, Vice President Robert C. Miller x Vice President, Director Brian J. Murphy x Vice President, Director Louis J. Mustacchio x Vice President Walter T. O'Hara, Jr. x Executive Vice President, Managing Director, Director Glenn A. Okun x Vice President, Director Nancy B. Peretsman x Executive Vice President, Managing Director, Director Patrick S. Perry x Vice President, Director Pamela M. Plager x Vice President, Director Eugene Protash x Vice President, Assistant Secretary James W. Quinn x Vice President, Director Bradley A. Roberts x Vice President - Elect, Director - Elect Philip D. Scaturro x Executive Vice President, Managing Director, Director John A. Schneider x Executive Vice President, Managing Director, Director Enrique F. Senior x Executive Vice President, Managing Director, Director Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Stanley S. Shuman x Executive Vice President, Managing Director, Director John M. Simon x Executive Vice President, Managing Director, Director Daniel Selmonosky x Vice President, Director Ian G. Smith x Vice President - Elect Lauren M. Tyler x Vice President, Director Dennis J. Warfield x Vice President,Chief Information Officer Kim M. Weiland x Chief Financial Officer, Managing Director, Director, Executive Vice President Edward D. Weinberger x Vice President, Director Harold M. Wit x Executive Vice President, Managing Director, Director
x 711 Fifth Avenue, New York, New York 10022-3194. xx All the Executive Officers and Directors of Allen & Company Incorporated are U.S. citizens unless otherwise indicated. OFFICERS AND DIRECTORS OF ALLEN HOLDING INC. Name xx Business Principal Occupation (i.e., Address Position with Allen Holding Inc.) Herbert A. Allen x President, Managing Director, Director, Chief Executive Officer Herbert A. Allen, III x Vice President, Director Grace Allen x Director Eran S. Ashany x Vice President Jonathan S. Bean x Vice President Edmund M. Bleich x Vice President Denise Calvo-Silver x Vice President, Director Dominick J. Cantalupo x Co-Chief Operations Officer, Vice President Marvyn Carton x Director - Emeritus Gaetano J. Casillo x Chief Compliance Officer, Vice President Robert H. Cosgriff x Chief Administrative Officer, Executive Vice President, Managing Director, Director Richard M. Crooks, Jr. x Director Thalia V. Crooks x Vice President, Director Mary L. Cullen x Vice President, Secretary, Director Orin F. Devereux x Vice President, Director Howard M. Felson x Assistant Secretary, Vice President Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Anthony J. Ferrante x Treasurer Richard L. Fields x Executive Vice President, Managing Director, Director Paul A. Gould x Executive Vice President, Managing Director, Director John G. Hall x Vice President, Director Daniel P. Harley x Vice President John H. Josephson x Vice President, Director Donald R. Keough x Chairman, Managing Director Clark R. Keough x Vice President, Director Dara Khosrowshahi x Vice President, Director Kaveh A. Khosrowshahi x Vice President, Director Neal Kopp x Vice President Irwin H. Kramer x Executive Vice President, Managing Director, Director Terry Allen Kramer x Director Suzanne G. Kucera x Vice President, Director Robert J. Kurz x Vice President P. Don Lattimer x Executive Vice President, Managing Director, Director William F. Leimkuhler x Assistant Secretary, Vice President General Counsel Jeffrey J. Logan x Vice President Dan W. Lufkin x Special Advisor to the Board of Directors Ellen F. Lynch x Vice President Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated Robert A. Mackie x Executive Vice President, Managing Director, Director James C. Maiden, Jr. x Vice President Terence C. McCarthy x Co-Chief Operations Officer, Vice President Robert C. Miller x Vice President - Elect, Director Brian J. Murphy x Vice President, Director Louis J. Mustacchio x Vice President Walter T. O'Hara x Executive Vice President, Managing Director, Director Glenn A. Okun x Vice President, Director Nancy B. Peretsman x Executive Vice President, Managing Director, Director Patrick S. Perry x Vice President, Director Pamela M. Plager x Vice President, Director Eugene Protash x Assistant Secretary, Vice President James W. Quinn x Vice President, Director Bradley A. Roberts x Vice President - Elect, Director - Elect Philip D. Scaturro x Executive Vice President, Managing Director, Director John A. Schneider x Executive Vice President, Managing Director, Director Daniel Selmonosky x Vice President, Director Enrique F. Senior x Executive Vice President, Managing Director, Director Stanley S. Shuman x Executive Vice President, Managing Director, Director Name xx Business Principal Occupation (i.e., Address Position with Allen & Company Incorporated John M. Simon x Executive Vice President, Managing Director, Director Ian G. Smith x Vice President - Elect Lauren M. Tyler x Vice President, Director Dennis J. Warfield x Vice President, Chief Information Officer Kim M. Weiland x Chief Financial Officer, Executive Vice President, Managing Director, Director Edward D. Weinberger x Vice President, Director Harold M. Wit x Executive Vice President, Managing Director, Director
x 711 Fifth Avenue, New York, New York 10022-3194. xx All the Executive Officers and Directors of Allen Holding Inc. are U.S. citizens unless otherwise indicated. [CONFORMED COPY] Stock Purchase Agreement This STOCK PURCHASE AGREEMENT (this "Agreement"), dated this 8th day of January, 1998, is made by and between Allen & Company Incorporated, on its own behalf and on behalf of certain of its investors (collectively, "Purchaser"), and Brae Capital Corporation ("Seller"). WHEREAS, the Seller owns an aggregate of 1,272,049 shares (the "Shares") of the Common Stock, par value $.10 per share (the "Common Stock"), of Chaparral Resources, Inc., a Colorado corporation ("Chaparral"); and WHEREAS, Purchaser desires to purchase the Shares from Seller, and Seller desires to sell the Shares to the Purchaser, all in accordance with the terms and provisions of this Agreement. NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained the parties hereto hereby agree as follows: 1. Purchase and Sale. Subject to the terms and conditions of this Agreement, Purchaser hereby purchases from Seller the Shares (together with the registration rights appurtenant thereto as set forth in that (i) Subscription Agreement dated April 22, 1997 between Victory Ventures and Chaparral and (ii) the Warrant dated as of April 22, 1997 (copies of each of which have previously been delivered to Purchaser), and Seller hereby sells the Shares and assigns the registration rights appurtenant thereto to Purchaser, in consideration for the payment by Purchaser to Seller of the amount of $2.00 per Share (or $2,544,098 in the aggregate) payable in cash (the "Purchase Price"). As soon as practicable following the execution and delivery of this Agreement, Purchaser shall deliver the Purchase Price to Seller and Seller shall deliver or cause to be delivered to Purchaser stock certificates representing the Shares, registered in Purchaser's name or duly endorsed for transfer to the Purchaser. Seller agrees to cooperate with Purchaser and to take all reasonable actions necessary or desirable to effectuate the transfer of the Shares to Purchaser. 2. Transfer of Beneficial Ownership. The Purchaser shall assume all of the benefits of ownership of the Shares upon the execution of this Agreement on the date hereof, and Seller agrees to deliver to Purchaser all dividends, distributions, interest and other proceeds or amounts received by Seller from and after the date hereof in respect of the Shares. 3. Representations and Warranties of Seller. Seller hereby represents and warrants to Purchaser that (i) the Shares being sold by Seller are owned by Seller free and clear of all liens, charges or encumbrances of any kind and (ii) that the registration rights appurtenant to the Shares are currently assignable. 4. Representations, Warranties and Covenants of Purchaser. Purchaser represents and warrants to Seller as follows: (a) Purchaser is an accredited investor (as that term is defined in the Securities Act of 1933, as amended (the "Act"), and the regulations thereunder, and Purchaser has such knowledge and experience in financial and business matters as is required for evaluating the merits and risks of an investment in the Shares. Purchaser and its agents and attorneys have been provided with such information with respect to the business of Chaparral as it requested or deemed appropriate and have carefully reviewed the same, and any questions that the Purchaser had with respect thereto have been answered to the full satisfaction of the Purchaser; (b) Purchaser is aware that the Shares have not been registered under the Act and agrees that such Shares shall not be sold, hypothecated or otherwise transferred in the absence of such registration unless such contemplated transfer is exempt from the registration requirements of the Act. The undersigned hereby acknowledges that the certificate representing the Shares shall be legended to reflect such restrictions. (c) Purchaser is acquiring the Shares for its own account, for investment purposes only and not with a view to the distributions thereof. 5. Miscellaneous. (a) Purchaser and Seller each acknowledge that it is a sophisticated investor competent to evaluate the merits of the transaction contemplated by this Agreement and that its decision to proceed with such transaction is based upon its own analysis of the situation. Purchaser and Seller each further acknowledge that except as expressly set forth in Sections 3 and 4 hereof, neither Purchaser nor Seller (nor any other person) has made or is hereby making any representations or warranties with respect to Chaparral or the Shares, including without limitation with respect to Chaparral's business or financial condition or the value of the Shares. (b) This Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and assigns. (c) This Agreement and the other written agreements specifically referred to herein constitute the sole agreements between or among the parties hereto relating to the subject matter hereof and merge with and supersede any and all prior agreements between them relating to such subject matter. This Agreement cannot be altered or amended except by a writing duly executed by the party against whom such alteration or amendment is sought to be enforced. (d) This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. (e) The headings in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. (f) The representations, warranties and covenants contained herein shall survive the sale and purchase of the Shares hereunder and any disposition thereof, notwithstanding any investigation made at any time by any of the parties hereto. IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the date first above written. BRAE CAPITAL CORPORATION By: /s/ Robert W. Lenthe ----------------------------- Name: Robert W. Lenthe Title: Vice President ALLEN & COMPANY INCORPORATED By: /s/ Kim M. Wieland -------------------------------- Name: Kim M. Wieland Title: Managing Director 111406 -----END PRIVACY-ENHANCED MESSAGE-----