-----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, REiHpts6U80GRZB7Zj6mJv4ASaJyC62GfMaes9aAICKTefHcfaSpRNhLR9dEARSC zH6fEZrTkSrSok3pSZl4KA== 0000889812-98-002309.txt : 19980925 0000889812-98-002309.hdr.sgml : 19980925 ACCESSION NUMBER: 0000889812-98-002309 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980924 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PVC CONTAINER CORP CENTRAL INDEX KEY: 0000081288 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PLASTIC PRODUCTS [3080] IRS NUMBER: 132616435 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-16497 FILM NUMBER: 98713993 BUSINESS ADDRESS: STREET 1: 401 INDUSTRIAL WAY W CITY: EATONTOWN STATE: NJ ZIP: 07724 BUSINESS PHONE: 9085420060 MAIL ADDRESS: STREET 1: 401 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07724 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LIONHEART GROUP INC CENTRAL INDEX KEY: 0001069881 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133790376 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 230 PARK AVE STREET 2: STE 516 CITY: NEW YORK STATE: NY ZIP: 10169 BUSINESS PHONE: 2125995077 MAIL ADDRESS: STREET 1: 230 PARK AVE STREET 2: STE 516 CITY: NEW YORK STATE: NY ZIP: 10169 SC 13D 1 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 PVC CONTAINER CORPORATION ----------------------------- (Name of Issuer) Common Stock, $.01 par value ----------------------------- (Title of Class of Securities) 693651101 ----------------------------- (CUSIP Number) Thomas J. Rice, Esq. Coudert Brothers 1114 Avenue of the Americas New York, New York 10036 ----------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 15, 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 |_|. Note: Six copies of this statement, including all exhibits, should be filed with cthe 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 disclosure 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 ("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). Exhibit Index: Page 5 Page 1 of 5 Pages SCHEDULE 13D CUSIP No. 693651101 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lionheart Group, Inc. 13-3790-376 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 7 Sole Voting Power Number of 448,000 Shares Beneficially 8 Shared Voting Power Owned By 0 Each Reporting 9 Sole Dispositive Power Person 448,000 With 10 Shared Dispositive Power 0 11 Aggregate Amount Beneficially Owned by Each Reporting Person 448,000 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* |_| 13 Percent of Class Represented By Amount in Row (11) 6.4% 14 Type of Reporting Person* IA Page 2 of 5 Pages Item 1. Security and Issuer This statement on Schedule 13D relates to shares of Common Stock, par value $.01 per share (the "Common Stock"), of PVC Container Corporation, a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 401 Industrial Way West, Eatontown, NJ 07724. Item 2. Identity and Background This statement on Schedule 13D is being filed by Lionheart Group, Inc., a Delaware corporation (the "Reporting Person"). The business address of the Reporting Person is 230 Park Avenue, Suite 516, New York, NY 10169. The Reporting Person acts as investment adviser to several private investment funds and managed accounts which are the ultimate beneficial owners of the shares to which this statement relates. No such client of the Reporting Person owns 5% or more of the outstanding Common Stock. The officers of the Reporting Person are C. Duncan Soukup, President, Vice-President, Secretary and Treasurer. The sole director of the Reporting Person is C. Duncan Soukup. The business address of C. Duncan Soukup is 230 Park Avenue, Suite 516, New York, NY 10169. The present occupation of C. Duncan Soukup is President of the Reporting Person. C. Duncan Soukup is a citizen of the United Kingdom. During the last five years, neither the Reporting Person nor C. Duncan Soukup has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in 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 All of the shares of Common Stock of the Issuer deemed beneficially held by the Reporting Person, including the shares purchased within the last 60 days as set forth in Exhibit A, were purchased with the working capital of the investment funds and managed accounts for whose accounts such shares were purchased. Item 4. Purpose of Transaction All Common Stock held by the Reporting Person is being held for investment purposes. Subject to economic considerations and market conditions, the Reporting Person may, from time to time, acquire additional shares of Common Stock in the open market or in privately negotiated transactions or may dispose of such securities or the securities it presently owns in the open market or in private transactions. The Reporting Person may engage in activities intended to influence the business strategy or management of the Issuer. Except as indicated above, the Reporting Person presently has no plans or proposals which relate to or would result in any of the events, actions or conditions specified in paragraphs (a) through (j) of Item 4 of this Schedule 13-D. Page 3 of 5 Pages Item 5. Interest in Securities of the Issuer (a) This statement on Schedule 13D relates to 448,000 shares of Common Stock deemed beneficially owned by the Reporting Person, which constitute approximately 6.4% of the issued and outstanding shares of Common Stock. (b) The Reporting Person has sole voting and dispositive power with respect to 448,000 shares of Common Stock. (c) Within the past sixty days, accounts managed by the Reporting Person purchased and sold shares of Common Stock on the dates, in the amounts and at the prices set forth on Exhibit A annexed hereto and incorporated by reference herein. All of such purchases were made on the open market. (d) The private investment funds and managed accounts to which the Reporting Person serves as investment adviser and for whose accounts the Common Stock is held have the right to receive dividends from or the proceeds from the sale of the Common Stock. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Except as set forth above in Item 2, there exist no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any other persons with respect to any securities of the Issuer, including but not limited to transfer or voting of any securities, finders' fees, joint ventures, loan or option arrangements, put or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits Exhibit A: Transactions in Shares of Common Stock Within Past 60 Days. 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 23, 1998 LIONHEART GROUP, INC. By: /s/ C. Duncan Soukup -------------------- C. Duncan Soukup, President Page 4 of 5 Pages EX-99 2 TRANSACTIONS IN SHARES OF COMMON STOCK EXHIBIT A Transactions in Shares of Common Stock Within the Past Sixty Days DATE BUY/SELL TOTAL COST 07/31/98 Buy 1,700 $7.2831 08/03/98 Buy 500 $6.9375 08/05/98 Buy 4,000 $6.4375 08/11/98 Buy 5,600 $6.4375 08/14/98 Buy 3,000 $6.5625 08/24/98 Buy 7,600 $7.0206 08/26/98 Buy 2,000 $6.6250 08/28/98 Buy 500 $6.8750 08/31/98 Buy 7,000 $6.9955 09/01/98 Buy 45,700 $7.5548 09/02/98 Buy 4,500 $7.4403 09/03/98 Buy 21,900 $7.5260 09/04/98 Buy 20,000 $7.5875 09/15/98 Buy 33,000 $6.5843 09/23/98 Buy 65,600 $8.0391 Page 5 of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----