-----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, HRP/O3j2aW+NDJPk7YrYx0bd2r7XYn7asmS+92hw58dmqq84AOHS4pnkS0OVxGJs 1Ex4XgA3/BkxZ/fxfpkseA== 0001047469-98-029815.txt : 19980810 0001047469-98-029815.hdr.sgml : 19980810 ACCESSION NUMBER: 0001047469-98-029815 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980807 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRIDENT ROWAN GROUP INC CENTRAL INDEX KEY: 0000028367 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 520466460 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-08854 FILM NUMBER: 98679149 BUSINESS ADDRESS: STREET 1: 2 WORLDS FAIR DR STREET 2: 107 MONMOUTH ST CITY: SOMERSET STATE: NJ ZIP: 08873 BUSINESS PHONE: 9088427200 MAIL ADDRESS: STREET 1: 2 WORLDS FAIR DR STREET 2: 107 MONMOUTH ST CITY: SOMERSET STATE: NJ ZIP: 08873 FORMER COMPANY: FORMER CONFORMED NAME: DETOMASO INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ROWAN INDUSTRIES INC DATE OF NAME CHANGE: 19731118 FORMER COMPANY: FORMER CONFORMED NAME: ROWAN CONTROLLER CO DATE OF NAME CHANGE: 19681017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TAIL TRUST CENTRAL INDEX KEY: 0000948015 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 44 ESPLANADE HOUSE CITY: ST HELIER JERSEY CHA STATE: E7 MAIL ADDRESS: STREET 1: 44 ESPLANADE HOUSE STREET 2: ST HELIER JERSEY CITY: CHANNEL ISLANDS STATE: E7 SC 13D/A 1 SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a). (Amendment No. 1)(1) TRIDENT ROWAN GROUP, INC. (FORMERLY, DE TOMASO INDUSTRIES, INC.) - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 89614K-10-6 ------------------------------ (CUSIP Number) Tail Trust c/o Pirunico Trustees (Jersey) Limited Account 282 44 Esplanade House St. Helier, Jersey, Channel Islands - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 30, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing 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 Rule 13d-1(e), 13d-1(f) or 13d-(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 Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following page(s)) - -------------------- (1) 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 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). CUSIP No. 89614K-10-6 13D ================================================================================ 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Tail Trust - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds* Not Applicable - -------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Isle of Mann - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of 0 shares 0% Shares ---------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By Each 0 shares 0% Reporting ---------------------------------------------------------- Person 9 Sole Dispositive Power With 0 shares 0% ---------------------------------------------------------- 10 Shared Dispositive Power 0 shares 0% - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned By Each Reporting Person 0 shares - -------------------------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* / / - -------------------------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - -------------------------------------------------------------------------------- 14 Type of Reporting Person* OO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! -2 of 5- This statement, dated June 30, 1998, constitutes Amendment No. 1 to the Schedule 13D, dated July 5, 1995, regarding the reporting persons' ownership of common stock of Trident Rowan Group, Inc. (formerly, De Tomaso Industries, Inc.) (the "Issuer"). The Schedule 13D is hereinafter referred to as the "Schedule." All capitalized terms used herein and otherwise undefined shall have the meanings ascribed in the Schedule. This Amendment No. 1 of the Schedule is filed in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the reporting person. It shall refer only to information which has materially changed since the filing of the Schedule. ITEM 1 SECURITY AND ISSUER. (a) Trident Rowan Group, Inc. (formerly, De Tomaso Industries, Inc.) Two Worlds Fair Drive Somerset, New Jersey 08873 ITEM 4. PURPOSE OF TRANSACTION Tail Trust disposed of all 776,530 shares of common stock heretofore owned by Tail Trust to the Issuer in consummation of an agreement between Alejandro De Tomaso and the Issuer, to which Tail Trust became a successor in interest upon gift of the securities by Mr. De Tomaso to Tail Trust. The Agreement has been filed by the Issuer as an exhibit to a periodic report under Section 13(a) of the Exchange Act. ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER. (a) The following list sets forth the aggregate number and percentage (based on 776,530 shares of Common Stock outstanding as reported by the Issuer in its Form 10-Q for the period ending March 31, 1998) of outstanding shares of Common Stock beneficially owned by each reporting person named in Item 2, as of June 30, 1998. Shares of Percentage of Shares Common Stock of Common Stock Name Beneficially Owned Beneficially Owned ---- ------------------ ------------------ Tail Trust 0 0% (b) Not applicable. -3 of 5- (c) The following is a description of all transactions in shares of Common Stock of the Issuer by the persons identified in Item 2 of this Schedule 13D effected from April 30, 1998 through June 30, 1998, inclusive: Purchase or Number of shares of Sales Price Purchase or Common Stock Per Share or Name of Shareholder Sale Date Purchase or Sold Per Warrant - ------------------- --------- ---------------- ----------- Tail Trust 6/30/98 776,530 $11.27 (d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities. (e) Effective June 30, 1998, the reporting person ceased to be the beneficial owner of more than (5%) of the Common Stock. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER See Item 4. - 4 of 5 - SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this Schedule is true, complete, and correct. Date: June 30, 1998 TAIL TRUST BY: PIRUNICO TRUSTEES (JERSEY) LIMITED ACCOUNT 282 By: PETER LEWIN ----------------------------------- Peter Lewin, Director ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). - 5 of 5 - -----END PRIVACY-ENHANCED MESSAGE-----