-----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, AdUsLU5Hx/gw+lYNSLzF+JSz15qoFBI338XrMsqoDenDth+fSWm6xTAxwqEq/0Ad jCV6I9N+2eh4kwoZ7NpnBQ== 0001047469-03-041902.txt : 20031224 0001047469-03-041902.hdr.sgml : 20031224 20031224111316 ACCESSION NUMBER: 0001047469-03-041902 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20031224 GROUP MEMBERS: MICHAEL R. MCCARTHY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACCEPTANCE INSURANCE COMPANIES INC CENTRAL INDEX KEY: 0000074783 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 310742926 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-19421 FILM NUMBER: 031073077 BUSINESS ADDRESS: STREET 1: SUITE 1600 STREET 2: 300 WEST BROADWAY CITY: COUNCIL BLUFFS STATE: IA ZIP: 51503 BUSINESS PHONE: 712-329-3600 MAIL ADDRESS: STREET 1: SUITE 1600 STREET 2: 300 WEST BROADWAY CITY: COUNCIL BLUFFS STATE: IA ZIP: 51503 FORMER COMPANY: FORMER CONFORMED NAME: STONERIDGE RESOURCES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ORANGE CO INC DATE OF NAME CHANGE: 19870506 FORMER COMPANY: FORMER CONFORMED NAME: NFF CORP DATE OF NAME CHANGE: 19730919 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCCARTHY GROUP INC CENTRAL INDEX KEY: 0001009804 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 222 S 15TH STREET SUITE 600 N CITY: OMAHA STATE: NE ZIP: 68102 BUSINESS PHONE: 4023931300 MAIL ADDRESS: STREET 1: 222 S 15TH STREET STREET 2: SUITE 600 N CITY: OMAHA STATE: NE ZIP: 68102 SC 13D/A 1 a2125643zsc13da.txt SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4) ACCEPTANCE INSURANCE COMPANIES INC. (Name of Issuer) Common Stock, $0.40 par value (Title of Class of Securities) 68417-60-0 (CUSIP Number) Margaret L. Doyle 1125 S. 103rd Street, Suite 450 Omaha, NE 68124 (402) 393-1300 with a copy to: Michael M. Hupp 1125 S. 103rd Street, Suite 800 Omaha, NE 68124 (402) 390-9500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 23, 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 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 / /. CUSIP NO. 68417-60-0 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) McCarthy Group, Inc. I.R.S. Identification No. 47-0697955 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of A Group (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant To Items 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6. Citizenship Or Place of Organization Nebraska - -------------------------------------------------------------------------------- 7. Sole Voting Power Number Of 0 Shares ------------------------------------ Beneficially 8. Shared Voting Power Owned By 4,080 Each Reporting ------------------------------------ Person With 9. Sole Dispositive Power 0 ------------------------------------ 10. Shared Dispositive Power 4,080 ------------------------------------ 11. Aggregate Amount Beneficially Owned By Each Reporting Person 4,080 - -------------------------------------------------------------------------------- 12. Check Box If The Aggregate Amount In Row (11) Excludes Certain Shares / / - -------------------------------------------------------------------------------- 13. Percent of Class Represented By Amount In Row (11) 0.0% - -------------------------------------------------------------------------------- 14. Type Of Reporting Person Corporation - CO - -------------------------------------------------------------------------------- 2 CUSIP NO. 68417-60-0 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Michael R. McCarthy - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of A Group (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7. Sole Voting Power Number Of 230,500 Shares ----------------------------------- Beneficially 8. Shared Voting Power Owned By 0 Each Reporting ----------------------------------- Person With 9. Sole Dispositive Power 230,500 ----------------------------------- 10. Shared Dispositive Power 0 ----------------------------------- 11. Aggregate Amount of Beneficially Owned By Each Reporting Person 230,500 - -------------------------------------------------------------------------------- 12. Check Box If The Aggregate Amount In Row (11) Excludes Certain Shares / / - -------------------------------------------------------------------------------- 13. Percent of Class Represented By Amount In Row (11) 1.6% - -------------------------------------------------------------------------------- 14. Type Of Reporting Person Individual - IN - -------------------------------------------------------------------------------- 3 Item 1. Security and Issuer. Common Stock, par value $0.40 per share ("Common Stock") of Acceptance Insurance Companies, Inc., a Delaware corporation ("Issuer"), Suite 1600, 300 West Broadway, Council Bluffs, Iowa 51503. Item 2. Identity and Background. McCarthy Group, Inc. ("MGI") is a Nebraska corporation with its principal place of business at 1125 South 103rd Street, Suite 450, Omaha, Nebraska 68124. MGI's principal business is investment and merchant banking and, through McCarthy & Co. and McCarthy Group Asset Management, Inc., investment banking and investment management. The executive officers and directors of MGI are as follows:
Name and Address Occupation Citizenship ---------------- ---------- ----------- Michael R. McCarthy Director and Chairman U.S. 1125 S. 103rd St., Suite 450 of MGI Omaha, NE 68124 Richard L. Jarvis Director, Vice U.S. 1125 S. 103rd St., Suite 450 Chairman, and Chief Omaha, NE 68124 Investment Officer of MGI John T. Reed Director of MGI U.S. 1125 S. 103rd St., Suite 450 Omaha, NE 68124 Margaret L. Doyle Secretary and Chief U.S. 1125 S. 103rd St., Suite 450 Financial Officer of Omaha, NE 68124 MGI John Gottschalk Director of MGI and U.S. World-Herald Square Chairman and CEO of 1334 Dodge Street Omaha World-Herald Omaha, NE 68102 Company Robert D. Bates Director of MGI and U.S. 8801 Indian Hills Drive President - Benefit Omaha, NE 68114 Partners - Jefferson Pilot Financial
5 Gerald H. Timmerman Director of MGI and U.S. Box 367 President of Timmerman Springfield, NE 68059 & Sons Feeding Co., Inc. Howard L. Hawks Director of MGI and U.S. 1044 N. 115 Street, Suite 400 Chairman and CEO of Omaha, NE 68154 Tenaska, Inc. Steven W. Seline Director of MGI and U.S. 1125 South 103rd St., Suite 200 Vice Chairman of Waitt Omaha, NE 68124 Media, Inc.
Michael R. McCarthy's business address is 1125 South 103rd Street, Suite 450, Omaha, Nebraska 68124. His present principal occupation and employment is as Chairman of MGI. The name, principal business and address of MGI is set forth above. Mr. McCarthy is a citizen of the United States. During the last five years, none of the Reporting Persons nor (as applicable) their respective officers, directors or controlling persons has been involved in any criminal proceeding (excluding traffic violations or similar misdemeanors), nor has any of the foregoing been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he/it has been or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. Not applicable. See Item 5. Item 4. Purpose of Transaction. This Amendment is being filed to report the disposition of beneficial ownership of 1,794,540 shares of Common Stock held by MGI to three purchasers in a three separate private transactions on December 23, 2003. Item 5. Interest in Securities of the Issuer. a. MGI beneficially owns 4,080 shares of Common Stock, or 0.0% of the outstanding shares, based on the number of outstanding shares of the Issuer as reported in its most recent Quarterly Report on Form 10-Q. Michael R. McCarthy owns options currently exercisable or exercisable within the next 60 days for shares of Common Stock of the Issuer. If such options are exercised, Mr. McCarthy will beneficially own 230,500 shares of Common Stock, 6 or 1.6% of the outstanding shares, based on the number of outstanding shares of the Issuer as reported in its most recent Quarterly Report on Form 10-Q. b. MGI indirectly owns, through the McCarthy Group, Inc. 401(k) Plan, 4,080 shares of Common Stock of the Issuer, representing approximately 0.0% of the Common Stock outstanding based on the number of outstanding shares of the Issuer as reported in its most recent Quarterly Report on Form 10-Q. Accordingly, MGI possesses shared power to vote and shared power to dispose of 4,080 shares of Common Stock of the Issuer. MGI has the sole voting and dispositive power over 0 shares of Common Stock. If Michael R. McCarthy exercised the 230,500 options he owns, he would have sole voting and dispositive powers over 230,500 shares of Common Stock, representing approximately 1.6% of the Common Stock outstanding based on the number of outstanding shares of the Issuer as reported in its most recent Quarterly Report on Form 10-Q. Mr. McCarthy has shared voting and dispositive power over 0 shares of Common Stock. c. During the past 60 days, the following sales of Common Stock were made in private transactions:
No. of Name Date Shares Sold Price Per Share - ------------- ----------------- ----------- --------------- MGI December 23, 2003 598,180 $0.001671738 MGI December 23, 2003 598,180 $0.001671738 MGI December 23, 2003 598,180 $0.001671738
d. Not applicable. e. The Reporting Persons each ceased to be the beneficial owner of more than 5% of the Common Stock of the Issuer on December 23, 2003. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Not applicable. Item 7. Material to Be Filed as Exhibits None 7 SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct. McCARTHY GROUP, INC., a Nebraska corporation Date: December 23, 2003 By: /s/ Margaret L. Doyle ------------------------------------ Margaret L. Doyle, Secretary and Chief Financial Officer /s/ Michael R. McCarthy ---------------------------------------- Michael R. McCarthy 8 -----END PRIVACY-ENHANCED MESSAGE-----