-----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, AZzdRSA1nGhuCcf5NZeEnIoJv47DCfxFyF6ThxiitcNaeWe8Wx42FcxVjaVl20ew HsH6zlnMUecgWg/s6wk4Nw== 0000950142-04-000812.txt : 20040318 0000950142-04-000812.hdr.sgml : 20040318 20040318162818 ACCESSION NUMBER: 0000950142-04-000812 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040318 GROUP MEMBERS: JOHN W. ADAMS GROUP MEMBERS: JWA INVESTMENTS CORP. GROUP MEMBERS: JWA INVESTMENTS L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JPS INDUSTRIES INC CENTRAL INDEX KEY: 0000846615 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILLS, COTTON [2211] IRS NUMBER: 570868166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41104 FILM NUMBER: 04678056 BUSINESS ADDRESS: STREET 1: 555 N PLEASANTBURG DR STE 202 CITY: GREENVILLE STATE: SC ZIP: 29607 BUSINESS PHONE: 8642393900 MAIL ADDRESS: STREET 1: 555 N PLEASANTBURG DR STREET 2: SUITE 202 CITY: GREENVILLE STATE: SC ZIP: 29607 FORMER COMPANY: FORMER CONFORMED NAME: JPS TEXTILE GROUP INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ADAMS JOHN W CENTRAL INDEX KEY: 0001006658 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O SMITH MANAGEMENT CO STREET 2: 885 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128885500 MAIL ADDRESS: STREET 1: C/O SMITH MANAGEMENT CO STREET 2: 885 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 sc13ga1_jps.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 1) Under the Securities Exchange Act of 1934 JPS INDUSTRIES, INC. -------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE -------------------------------------- (Title of Class of Securities) 46624E405 --------- (CUSIP Number) MARCH 18, 2004 -------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed. [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) *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 reminder 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). CUSIP NO. 46624E405 2 ================================================================================ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identifica- tion No. of Above Person JWA Investments L.P. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 899,629 Beneficially (6) Shared Voting Power 0 Owned by Each (7) Sole Dispositive Power 899,629 Reporting Person (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 899,629 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 9.5% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- CUSIP NO. 46624E405 3 ================================================================================ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identifica- tion No. of Above Person JWA Investments Corp. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 899,629 Beneficially (6) Shared Voting Power 0 Owned by Each (7) Sole Dispositive Power 899,629 Reporting Person (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 899,629 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 9.5% - -------------------------------------------------------------------------------- 12. Type of Reporting Person CO - -------------------------------------------------------------------------------- CUSIP NO. 46624E405 4 ================================================================================ - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identifica- tion No. of Above Person John W. Adams - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 899,629 Beneficially (6) Shared Voting Power 0 Owned by Each (7) Sole Dispositive Power 899,629 Reporting Person (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 899,629 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_] - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 9.5% - -------------------------------------------------------------------------------- 12. Type of Reporting Person IN - -------------------------------------------------------------------------------- CUSIP NO. 46624E405 5 ================================================================================ SCHEDULE 13G This Schedule 13G is filed by the undersigned with respect to the shares of common stock, par value $.01 per share (the "Common Stock"), of JPS Industries, Inc. (the "Company"). Item 1. (a) NAME OF ISSUER JPS Industries, Inc. (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 555 North Pleasantburg Drive, Suite 202 Greenville, South Carolina 29607 Item 2. (a) NAMES OF PERSONS FILING JWA Investments L.P. ("JWA") JWA Investments Corp. ("JWA General Partner") John W. Adams ("Adams" and, together with JWA and JWA General Partner, the "Reporting Persons") (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE 885 Third Avenue 34th Floor New York, NY 10022 (c) CITIZENSHIP JWA -- Delaware JWA General Partner -- Delaware Adams -- United States (d) TITLE OF CLASS OF SECURITIES Common Stock, par value $.01 per share (the "Shares") (e) CUSIP NUMBER 46624E405 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether filing person is a: (a) [_] Broker or dealer registered under Section 15 of the Act CUSIP NO. 46624E405 6 ================================================================================ (b) [_] Bank as defined in Section 3(a)(6) of the Act (c) [_] Insurance company as defined in Section 3(a)(19) of the Act (d) [_] Investment company registered under Section 8 of the Investment Company Act (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(ii)(G) (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J) Item 4. JWA beneficially owns an aggregate of 899,629 shares of Common Stock which represents approximately 9.5% of the issued and outstanding shares of Common Stock. JWA has the sole power to vote or direct the vote of 899,629 shares of Common Stock and the sole power to dispose or to direct the disposition of 899,629 shares of Common Stock. JWA General Partner is the general partner of JWA. As the general partner of JWA, JWA General Partner beneficially owns an aggregate of 899,629 shares of Common Stock, which represents approximately 9.5% of the issued and outstanding shares of Common Stock. As the general partner of JWA, JWA General Partner has the sole power to vote or to direct the vote of 899,629 shares of Common Stock and the sole power to dispose or to direct the disposition of 899,629 shares of Common Stock. Adams is the sole shareholder of JWA General Partner and may be CUSIP NO. 46624E405 7 ================================================================================ deemed to beneficially own an aggregate of 899,629 shares of Common Stock which represents approximately 9.5% of the issued and outstanding shares of Common Stock. Adams may be deemed to have the sole power to vote or direct the vote of 899,629 shares of Common Stock and the sole power to dispose or to direct the disposition of 899,629 shares of Common Stock. Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP See Item 4. Item 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. Item 10. CERTIFICATION By signing below, each of the undersigned certifies that, to the best of their knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] CUSIP NO. 46624E405 8 ================================================================================ SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated as of March 18, 2004 JWA INVESTMENTS L.P. By: JWA Investments Corp. its general partner By: /s/ John W. Adams ---------------------------------- Name: John W. Adams Title: President JWA INVESTMENTS CORP. By: /s/ John W. Adams --------------------------------------- Name: John W. Adams Title: President /s/ John W. Adams ------------------------------------------- John W. Adams EX-99 4 ex1-sc13ga1_jps.txt EXHIBIT 1 CUSIP NO. 46624E405 9 ================================================================================ EXHIBIT 1 --------- STATEMENT PURSUANT TO RULE 13d-1(k)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is accurate. Dated: March 18, 2004 JWA INVESTMENTS L.P. By: JWA Investments Corp. its general partner By: /s/ John W. Adams ---------------------------------- Name: John W. Adams Title: President JWA INVESTMENTS CORP. By: /s/ John W. Adams --------------------------------------- Name: John W. Adams Title: President /s/ John W. Adams ------------------------------------------- John W. Adams -----END PRIVACY-ENHANCED MESSAGE-----