-----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, OBqVhw2vSA6AlBmPmKfAOTCuA3ytPw3Pggadj+UhKZQS3FqQhEzFPehmx8IZNEEl 3/E5c5i0LJN1I9sE9Dnh9g== 0001047469-99-018558.txt : 19990507 0001047469-99-018558.hdr.sgml : 19990507 ACCESSION NUMBER: 0001047469-99-018558 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990506 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AAON INC CENTRAL INDEX KEY: 0000824142 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 870448736 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-41516 FILM NUMBER: 99612929 BUSINESS ADDRESS: STREET 1: 900 PETROLEUM CLUB BUILDING STREET 2: 601 SOUTH BOULDER CITY: TULSA STATE: OK ZIP: 74119-1300 BUSINESS PHONE: 9185832266 MAIL ADDRESS: STREET 1: 2425 SOUTH YUKON STREET 2: 2425 SOUTH YUKON CITY: TULSA STATE: OK ZIP: 74107 FORMER COMPANY: FORMER CONFORMED NAME: DIAMOND HEAD RESOURCES INC DATE OF NAME CHANGE: 19900808 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAY HARBOUR MANAGEMENT LC CENTRAL INDEX KEY: 0001049310 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 593418243 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 777 SOUTH HARBOUR ISLAND BLVD CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 8132721992 MAIL ADDRESS: STREET 1: 777 SOUTH HARBOUR ISLAND BLVD CITY: TAMPA STATE: FL ZIP: 33602 SC 13D/A 1 SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) (Amendment No. 6) ----- INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) AAON, INC. --------------- (Name of Issuer) COMMON STOCK, $.004 par value per share --------------------------------------- (Title of Class of Securities) 000360206 -------------- (CUSIP Number) BAY HARBOUR MANAGEMENT, L.C. TOWER INVESTMENT GROUP, INC. STEVEN A. VAN DYKE 777 South Harbour Island Boulevard, Suite 270 Tampa, Florida 33602 (813) 272-1992 DOUGLAS P. TEITELBAUM 885 Third Avenue 34th Floor New York, New York 10022 (212) 371-2211 -------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 5, 1999 ------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(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 the following pages) (Page 1 of 8 Pages) ---- CUSIP No. 000360206 13D Page 2 of 8 Pages - ------------------- ----------------- - ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Steven A. Van Dyke I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO, PF - ----------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER -0- Shares ------------------------------------------------------------- Beneficially 8 SHARED VOTING POWER 992,690 Owned by ------------------------------------------------------------- Each 9 SOLE DISPOSITIVE POWER -0- Reporting ------------------------------------------------------------- Person With 10 SHARED DISPOSITIVE POWER 992,690 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 992,690 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.95% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN, HC - ----------------------------------------------------------------------------- CUSIP No. 000360206 13D Page 3 of 8 Pages - ------------------- ----------------- - ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Douglas P. Teitelbaum I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - ----------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER -0- Shares ------------------------------------------------------------- Beneficially 8 SHARED VOTING POWER 992,690 Owned by ------------------------------------------------------------- Each 9 SOLE DISPOSITIVE POWER -0- Reporting ------------------------------------------------------------- Person With 10 SHARED DISPOSITIVE POWER 992,690 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 992,690 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.95% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN, HC - ----------------------------------------------------------------------------- CUSIP No. 000360206 13D Page 4 of 8 Pages - ------------------- ----------------- - ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Tower Investment Group, Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 59-2924229 - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - ----------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ----------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER 992,690 Shares ------------------------------------------------------------- Beneficially 8 SHARED VOTING POWER -0- Owned by ------------------------------------------------------------- Each 9 SOLE DISPOSITIVE POWER 992,690 Reporting ------------------------------------------------------------- Person With 10 SHARED DISPOSITIVE POWER -0- - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 992,690 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.95% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - ----------------------------------------------------------------------------- CUSIP No. 000360206 13D Page 5 of 8 Pages - ------------------- ----------------- - ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Bay Harbour Management, L.C. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 59-3418243 - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - ----------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ----------------------------------------------------------------------------- Number of 7 SOLE VOTING POWER 992,690 Shares ------------------------------------------------------------- Beneficially 8 SHARED VOTING POWER -0- Owned by ------------------------------------------------------------- Each 9 SOLE DISPOSITIVE POWER 992,690 Reporting ------------------------------------------------------------- Person With 10 SHARED DISPOSITIVE POWER -0- - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 992,690 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.95% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IA - ----------------------------------------------------------------------------- CUSIP No. 000360206 13D Page 6 of 8 Pages - ------------------- ----------------- This Amendment No. 6 amends and supplements the Statement on Schedule 13D, originally filed with the U.S. Securities and Exchange Commission (the "SEC") on October 27, 1998, by Bay Harbour Management, L.C. ("Bay Harbour"), Tower Investment Group, Inc. ("Tower"), as the majority stockholder of Bay Harbour, Steven A. Van Dyke ("Van Dyke"), in his capacity as a stockholder and President of Tower, and Douglas P. Teitelbaum ("Teitelbaum"), in his capacity as a stockholder of Tower, as amended by Amendment No. 1 thereto filed with the SEC on February 19, 1999, Amendment No. 2 thereto filed with the SEC on March 12, 1999, Amendment No. 3 thereto filed with the SEC on April 6, 1999, Amendment No. 4 thereto filed with the SEC on April 7, 1999 and Amendment No. 5 thereto filed with the SEC on April 16, 1999, (the "Schedule 13D"). Capitalized terms used herein and not otherwise defined have the meanings assigned to them in the Schedule 13D. ITEM 5 INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended in its entirety to read as follows: (a) As of the filing date of this Statement, each Reporting Persons beneficially own 992,690 shares of Aaon Common Stock, which represent approximately 15.95% of Aaon Common Stock outstanding based upon 6,225,449 shares of Aaon Common Stock outstanding as of March 1, 1999 as set forth in the Company's annual report filed on Form 10-K on March 25, 1999 with the SEC. For purposes of disclosing the number of shares beneficially owned by each of the Reporting Persons, (A) Van Dyke and Teitelbaum are deemed to beneficially own all shares of Aaon Common Stock that are beneficially owned by Tower and Bay Harbour and (B) Tower is deemed to beneficially own all shares of Aaon Common Stock that are beneficially owned by Bay Harbour. (b) Each Reporting Person has (i) the sole power to vote or direct the vote of the 992,690 shares of Aaon Common Stock held by Bay Harbour; and (ii) the sole power to dispose of or to direct the disposition of such 992,690 shares of Aaon Common Stock; except that Van Dyke and Teitelbaum share with each other their voting and disposition power. (c) Information concerning transactions in the Shares of Aaon Common Stock by the Reporting Persons since the last amendment of this Schedule 13D is set forth below. All of the shares of Aaon Common Stock listed below were purchased in open market purchases.
Purchasing Entity Transaction Date Number of Shares Price per Share Bay Harbour 4/27/99 32,000 11.21 Bay Harbour 4/28/99 6,900 11.26 Bay Harbour 4/29/99 25,000 11.30 Bay Harbour 5/05/99 1,400 11.19
(d) The 992,690 shares of Aaon Common Stock held by Bay Harbour reported in this Statement are beneficially owned by Van Dyke, Teitelbaum, Tower and Bay Harbour for the benefit of certain investment partnerships and managed accounts over which Van Dyke, Teitelbaum, Tower and Bay Harbour control the power to (i) direct the voting of such shares of Aaon Common Stock and (ii) dispose of such shares of Aaon Common Stock. The limited partners of the investment partnerships and the investors in the managed accounts for which Bay Harbour acts as an investment adviser have the right to participate in the receipt of dividends CUSIP No. 000360206 13D Page 7 of 8 Pages - ------------------- ----------------- from, or proceeds from the sale of, securities held by their funds or accounts, as the case may be. Other than Trophy Hunter Investments, Ltd., no such fund, single limited partner of any of such funds nor any investor in a managed account has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, shares of Aaon Common Stock reported in this Schedule 13D representing more than five percent of the outstanding Aaon Common Stock. (e) Not applicable CUSIP No. 000360206 13D Page 8 of 8 Pages - ------------------- ----------------- SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated as of: May 6, 1999 TOWER INVESTMENT GROUP, INC. By: /s/ Steven A. Van Dyke ------------------------------- Name: Steven A. Van Dyke Title: President BAY HARBOUR MANAGEMENT, L.C. By: /s/ Steven A. Van Dyke ------------------------------- Name: Steven A. Van Dyke Title: President /s/ Steven A. Van Dyke ------------------------------- Steven A. Van Dyke /s/ Douglas P. Teitelbaum ------------------------------- Douglas P. Teitelbaum -----END PRIVACY-ENHANCED MESSAGE-----