0000950142-05-000188.txt : 20120705
0000950142-05-000188.hdr.sgml : 20120704
20050127165938
ACCESSION NUMBER: 0000950142-05-000188
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20050127
DATE AS OF CHANGE: 20050127
GROUP MEMBERS: JOHN W. ADAMS
GROUP MEMBERS: JWA INVESTMENTS CORP.
GROUP MEMBERS: JWA INVESTMENTS L.P.
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ADAMS JOHN W
CENTRAL INDEX KEY: 0001006658
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
BUSINESS PHONE: 2128885500
MAIL ADDRESS:
STREET 1: C/O SMITH MANAGEMENT CO
STREET 2: 885 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
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: 05554547
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
SC 13G/A
1
sc13ga2_jps.txt
AMENDMENT NO. 2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
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)
JANUARY 24, 2005
----------------
(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 -0-
Beneficially (6) Shared Voting Power -0-
Owned by Each (7) Sole Dispositive Power -0-
Reporting Person (8) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0%
--------------------------------------------------------------------------------
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 -0-
Beneficially (6) Shared Voting Power -0-
Owned by Each (7) Sole Dispositive Power -0-
Reporting Person (8) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0%
--------------------------------------------------------------------------------
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
Delaware
--------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power -0-
Beneficially (6) Shared Voting Power -0-
Owned by Each (7) Sole Dispositive Power -0-
Reporting Person (8) Shared Dispositive Power -0-
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0%
--------------------------------------------------------------------------------
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., the general partner of JWA ("JWA
General Partner"); and
John W. Adams, the sole shareholder of JWA General Partner
("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
CUSIP NO. 46624E405 6
================================================================================
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
(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 has disposed of the 899,629 shares of common stock
previously owned by it, which represented approximately 9.5%
of the issued and outstanding shares of Common Stock.
Following this disposition, none of the Reporting Persons
beneficially owns any shares of Common Stock.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [X]
CUSIP NO. 46624E405 7
================================================================================
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 January 27, 2005
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-1
3
ex1-sc13ga2_jps.txt
EXHIBIT 1
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: January 27, 2005
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