-----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, V4AvqK1TBXx92VMqRsh8a5R+j4vYD5zjl0k8Ykp36fE4xx7VONrwV/1fmoCM/K97 gntGrfInC9Em5ihW65GAIQ== 0000909518-03-000704.txt : 20030917 0000909518-03-000704.hdr.sgml : 20030917 20030917161545 ACCESSION NUMBER: 0000909518-03-000704 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030917 GROUP MEMBERS: JACK NASH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVATAR HOLDINGS INC CENTRAL INDEX KEY: 0000039677 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 231739078 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-18713 FILM NUMBER: 03899711 BUSINESS ADDRESS: STREET 1: 201 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 BUSINESS PHONE: 3054427000 MAIL ADDRESS: STREET 1: 201 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 FORMER COMPANY: FORMER CONFORMED NAME: GAC CORP /DE/ DATE OF NAME CHANGE: 19801023 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ACCEPTANCE CORP DATE OF NAME CHANGE: 19710208 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ODYSSEY PARTNERS LP CENTRAL INDEX KEY: 0000709936 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 135614745 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 31 WEST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 4142411810 MAIL ADDRESS: STREET 1: 31 WEST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 jd9-12_13da21.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- SCHEDULE 13D 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. 21) ---------------- AVATAR HOLDINGS INC. (Name of Issuer) COMMON STOCK, $1.00 PAR VALUE 053494-10-0 ----------------------------- ----------- (Title of class of securities) (CUSIP number) ROBERT TODD LANG, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 (212) 310-8000 ------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) SEPTEMBER 15, 2003 ------------------------------------------------------ (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 Rules 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. ================================================================================
- -------------------------------------------------------------------------- ----------------------------------------- CUSIP No. 053494 10 0 13D Page 2 - -------------------------------------------------------------------------- ----------------------------------------- - --------------- ---------------------------------------------------------- --------------------------------------------------------- 1 NAME OF REPORTING PERSON: ODYSSEY PARTNERS, L.P. ---------------------------------------------------------- --------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------- ------------------------------------------------------------------------------------------------------------ ------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [_] - --------------- -------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------- ------------------------------------ ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - --------------- ------------------------------------------------------------------------------------------------------------ ------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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: 0 OWNED BY -------- ----------------------------------------------------- ----------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING -------- ----------------------------------------------------- ----------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 0 - --------------- -------------------------------------------------------------------------- ----------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 0 - --------------- ------------------------------------------------------------------------------------------------------------ ------- 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: PN - --------------- ---------------------------------------------------------- --------------------------------------------------------- 2 - -------------------------------------------------------------------------- ----------------------------------------- CUSIP No. 053494 10 0 13D Page 3 - -------------------------------------------------------------------------- ----------------------------------------- - --------------- ---------------------------------------------------------- --------------------------------------------------------- 1 NAME OF REPORTING PERSON: JACK NASH ---------------------------------------------------------- --------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------- ------------------------------------------------------------------------------------------------------------ ------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [_] - --------------- -------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------- ------------------------------------ ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - --------------- ------------------------------------------------------------------------------------------------------------ ------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - --------------- ---------------------------------------------------------- --------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES OF AMERICA - --------------------------- -------- ----------------------------------------------------- ----------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 442 SHARES -------- ----------------------------------------------------- ----------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 2,107,763 OWNED BY -------- ----------------------------------------------------- ----------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 442 REPORTING -------- ----------------------------------------------------- ----------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,107,763 - --------------- -------------------------------------------------------------------------- ----------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,108,205 - --------------- ------------------------------------------------------------------------------------------------------------ ------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - --------------- ------------------------------------------------------------------------------------------------------------ ------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 24.1% - --------------- ---------------------------------------------------------- --------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - --------------- ---------------------------------------------------------- ---------------------------------------------------------
3 This Amendment No. 21 amends the Schedule 13D, as amended, filed by Odyssey Partners, L.P. ("Odyssey")and Jack Nash (collectively, the "Reporting Persons"), with respect to the beneficial ownership of common stock, $1.00 par value ("Common Stock") of Avatar Holdings Inc. (the "Issuer"). Item 4. Purpose of Transaction. ---------------------- On September 15, 2003, in order to facilitate the substantial liquidation of the other assets of Odyssey, Odyssey transferred 2,107,603 shares of Common Stock of the Issuer to Odav LLC ("Odav") for no value in exchange. Each of the partners of Odyssey who held an indirect interest in the shares of Common Stock owned by Odyssey have the same indirect interest in the shares of Common Stock owned by Odav. Jack Nash and Joshua Nash, who are general partners of Odyssey, are the managing members of Odav through separate limited liability companies. Odav and Jack Nash will be filing a separate Schedule 13D (the "Odav 13D"), and Jack Nash will report any future events required to be reported on Schedule 13D on the Odav 13D. Item 5. Interest in Securities of the Issuer. (a) The responses of the Reporting Persons to Rows (11) through (13) of the cover page of this Amendment No. 21 are incorporated herein by reference. (b) The responses of each of the Reporting Persons to (i) Rows (7) through (10) of the cover page of this Amendment No. 21 and (ii) Item 5(a) hereof are incorporated herein by reference. (c) Item 4 is incorporated herein by reference. (d) Not applicable. (e) Odyssey ceased to beneficially own more than 5% of the Common Stock of the Issuer on September 15, 2003. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect -------------------------------------------------------------------- to Securities of the Issuer. ---------------------------- Jack Nash is a general partner of Odyssey and the Chairman of the Board of Directors of the Issuer. An agreement among the Reporting Persons with respect to the filing of this statement is attached hereto as Exhibit 1. Item 7. Materials to be Filed as Exhibits. ---------------------------------- Exhibit 1 Joint Filing Agreement between Jack Nash and Odyssey Partners, L.P., dated September 15, 2003. 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: September 15, 2003 ODYSSEY PARTNERS, L.P. By: /s/ Jack Nash ------------------------------------- Name: Jack Nash Title: General Partner /s/ Jack Nash ------------------------------------- Jack Nash 5 EXHIBIT INDEX ------------- Exhibit No. - ----------- Exhibit 1 Joint Filing Agreement between Jack Nash and Odyssey Partners, L.P., dated September 15, 2003. 6 EX-1 3 jd9-12ex_1.txt Exhibit 1 JOINT FILING AGREEMENT This will confirm the agreement by and among all the undersigned that the Schedule 13D filed on or about this date and any amendments thereto with respect to beneficial ownership by the undersigned of shares of the common stock, par value $1.00 per share, of Avatar Holdings Inc. is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: September 15, 2003 ODYSSEY PARTNERS, L.P. By: /s/ Jack Nash -------------------------------------- Name: Jack Nash Title: General Partner /s/ Jack Nash ------------------------------------- Jack Nash -----END PRIVACY-ENHANCED MESSAGE-----