-----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, BPkR0Q4zeEChdIxT4QkTpzoOjeY2/LkBAamhkp5cYv5ZyqlCcrJuoFwcz8ReGywg zKbZ9Z3l1Ts7GmjOjnud4A== 0001045969-98-000238.txt : 19980219 0001045969-98-000238.hdr.sgml : 19980219 ACCESSION NUMBER: 0001045969-98-000238 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980218 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RTW INC /MN/ CENTRAL INDEX KEY: 0000915781 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 411448070 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-45389 FILM NUMBER: 98544141 BUSINESS ADDRESS: STREET 1: 8500 NORMANDALE LAKE BLVD STREET 2: STE 1400 CITY: BLOOMINGDALE STATE: MN ZIP: 55437 BUSINESS PHONE: 6128930403 MAIL ADDRESS: STREET 1: 8500 NORMANDALE LAKE BLVD STREET 2: STE 1400 CITY: BLOOMINGTON STATE: MN ZIP: 55437 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PROSSER DAVID C CENTRAL INDEX KEY: 0001019064 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 6 MACLYNN ROAD CITY: EXCELSIOR STATE: MN ZIP: 55331 BUSINESS PHONE: 6128930403 MAIL ADDRESS: STREET 1: 6 MACLYNN ROAD CITY: EXCELSIOR STATE: MN ZIP: 55331 SC 13D 1 SCHEDULE 13-D AMENDMENT NO. 2 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 (Amendment No 2 )* ----- RTW, Inc. --------- (Name of Issuer) Common Stock, No Par Value -------------------------- (Title of Class of Securities) 74974R 10 7 ----------- (CUSIP Number) Tamara Ladwig, RTW, Inc. 8500 Normandale Lake Boulevard, Minneapolis, MN 55439, Phone: (612) 897-5569 --------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 1997 ----------------- (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 the 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 the disclosures provided in a prior cover page. The information required in 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). (Continued on following page(s)) Page 1 of 7 Pages CUSIP No. 74974R 10 7 13D Page 2 of 7 Pages - --------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON David C. Prosser - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NA - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 97,532 SHARES 8 SHARED VOTING POWER BENEFICIALLY 2,182,505 OWNED BY 9 SOLE DISPOSITIVE POWER EACH 97,532 REPORTING 10 SHARED DISPOSITIVE POWER PERSON 2,182,505 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,280,037 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- CUSIP No. 74974R 10 7 13D Page 3 of 7 pages - ------------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Margaret F. Prosser - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NA - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES 8 SHARED VOTING POWER BENEFICIALLY 1,311,965 OWNED BY 9 SOLE DISPOSITIVE POWER EACH 0 REPORTING 10 SHARED DISPOSITIVE POWER PERSON 1,311,965 WITH - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,311,965 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Item 1. Security and Issuer ------------------- (a) Name of Issuer RTW, Inc., a Minnesota Corporation Common Stock, No Par Value (b) Address of Issuer's Principal Executive Offices 8500 Normandale Boulevard, Suite 1400, Bloomington, MN 55437. Item 2. Identity and Background ----------------------- (a) Name. This statement is being jointly filed by David C. Prosser and Margaret F. Prosser, husband and wife. (b) Address of Principal Business Office Or, If None, Residence. The principal address of David C. Prosser and Margaret F. Prosser is 6 Maclynn Road Excelsior, Mn 55331. (c) Present Principal Occupation or Employment. David C. Prosser is Chairman of the Board of Directors of RTW, Inc. Margaret F. Prosser is not employed. (d) Criminal Proceedings. - None. (e) Litigation. - None. (f) Citizenship. Mr. and Mrs. Prosser are citizens of the United States. Item 5. Interest in Securities of the Issuer ------------------------------------ As of December 31, 1997, the ownership of David C. and Margaret F. Prosser was as follows: David C. Prosser ---------------- (a) Amount Beneficially Owned - 2,280,037 (b) Of the shares owned by Mr. Prosser, Mr. Prosser has the power to vote as follows: (i) Sole power to vote or direct the vote - 97,532 (ii) Shared power to vote or direct the vote - 2,182,505 (iii) Sole power to dispose or direct the disposition of - 97,532 (iv) Shared power to dispose or direct the disposition of - 2,182,505 Page 4 of 7 Pages Margaret F. Prosser ------------------- (a) Amount Beneficially Owned - 1,311,965 (b) Of the shares owned by Mrs. Prosser, Mrs. Prosser has the power to vote as follows: (i) Sole power to vote or direct the vote - 0 (ii) Shared power to vote or direct the vote - 1,311,965 (iii) Sole power to dispose or direct the disposition of - 0 (iv) Shared power to dispose or direct the disposition of -1,311,965 Of the shares listed above, 97,532 shares are held solely by David C. Prosser, and 1,311,965 shares are owned jointly by David C. Prosser and Margaret F. Prosser as joint tenants with rights of survivorship. In addition, the following shares are beneficially owned by David C. Prosser: (i) 2,150 shares are deemed owned pursuant to currently exercisable options; (ii) 163,722 shares held by the RTW, Inc. Employee Stock Ownership Plan ("ESOP"); (iii) 451,135 shares are held by the David C. Prosser 1997 Unitrust for which Mr. Prosser serves as trustee; (iv) 116,085 shares are held by the David C. Prosser 1996 Unitrust for which Mr. Prosser serves as trustee; (v) 37,448 shares are held by the David C. Prosser 1995 Unitrust for which Mr. Prosser serves as trustee; and (vi) 100,000 shares are held by the David C. and Margaret F. Prosser Foundation of which Mr. Prosser is President and for which he serves as trustee. Margaret F. Prosser disclaims any beneficial interest in the shares held by David C. Prosser other than the shares held jointly with him. David C. Prosser disclaims any beneficial interest in the ESOP other the 8,914 shares allocated to his account as of 12/31/97. (c) Recent Transactions. On May 16, 1997, Mr. and Mrs. Prosser transferred 500,000 shares to the David C. Prosser 1997 Unitrust and 100,000 shares to the David C. and Margaret F. Prosser Foundation. On October 31, 1997, each of the David C. Prosser 1995 Unitrust, the David C. Prosser 1996 Unitrust and the David C. Prosser 1997 Unitrust distributed an aggregate 97,532 shares of Common Stock of the Issuer to David C. Prosser. The 1995 Unitrust distributed 7,052 shares, the 1996 Unitrust distributed 41,615 shares and the 1997 Unitrust distributed 48,865 shares. No consideration was paid by Mr. Prosser, the 1997 Unitrust or the Foundation in connection with the distribution of the shares. (d) Not applicable. (e) Not applicable. Item 7. Material to be Filed as Exhibits -------------------------------- Joint Filing Agreement. Page 5 of 7 pages SIGNATURE --------- After reasonable inquiry and to the best of our knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 16, 1998 /s/ David C. Prosser ---------------------------- David C. Prosser /s/ Margaret F. Prosser ---------------------------- Margaret F. Prosser Page 6 of 7 Pages EXHIBIT I JOINT FILING AGREEMENT The undersigned, David C. Prosser and Margaret F. Prosser, hereby agree that this Schedule 13D relating to securities of RTW, Inc. shall be filed on behalf of each of them. Dated: February 16, 1998 /s/ David C. Prosser --------------------------- David C. Prosser /s/ Margaret F. Prosser --------------------------- Margaret F. Prosser Page 7 of 7 Pages -----END PRIVACY-ENHANCED MESSAGE-----