-----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, HcQ4zXjoE7UB/hmQhx7Lbk5udVpX1hkEOtYFa/1iAzoKnw531EdvCoq9R/FUzDsM kFdKlq9V7AGPruXEJspKBA== 0000950149-96-001577.txt : 19961016 0000950149-96-001577.hdr.sgml : 19961016 ACCESSION NUMBER: 0000950149-96-001577 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961015 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MACC PRIVATE EQUITIES INC CENTRAL INDEX KEY: 0000923808 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 421421406 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45963 FILM NUMBER: 96643442 BUSINESS ADDRESS: STREET 1: 101 SECOND ST SE STREET 2: STE 800 CITY: CEDAR RAPIDS STATE: IA ZIP: 52401 BUSINESS PHONE: 3193638249 MAIL ADDRESS: STREET 1: 101 SECOND STREET SE STREET 2: SUITE 800 CITY: CEDAR RAPIDS STATE: IA ZIP: 52401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZIONS BANCORPORATION /UT/ CENTRAL INDEX KEY: 0000109380 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 870227400 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1380 KENNECOTT BLDG CITY: SALT LAKE CITY STATE: UT ZIP: 84133 BUSINESS PHONE: 8015244787 MAIL ADDRESS: STREET 1: 1380 KENNECOTT BUILDING CITY: SALT LAKE CITY STATE: UT ZIP: 84133 FORMER COMPANY: FORMER CONFORMED NAME: ZIONS UTAH BANCORPORATION DATE OF NAME CHANGE: 19870615 FORMER COMPANY: FORMER CONFORMED NAME: ZIONS FIRST NATIONAL INVESTMENT CO DATE OF NAME CHANGE: 19660921 SC 13D/A 1 SCHEDULE 13D/AMEND #2 FOR MACC PRIVATE EQUITIES 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2 )* MACC Private Equities Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) 552 617 102 (CUSIP Number) W. David Hemingway, Zions Bancorporation, 1380 Kennecott Building, Salt Lake City, Utah 84133 (801) 524-4787 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 3, 1996 (Date of Event which Requires Filing of this Statement) If a 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 [ ]. Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) 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 disclosures 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). 2 - --------------------- CUSIP NO. 552 617 102 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Zions Bancorporation S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 87-0227400 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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 Utah - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 110,215 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON -0- WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 110,215 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 110,215 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON HC,CO - -------------------------------------------------------------------------------- Page 2 of 10 3 - --------------------- CUSIP NO. 552 617 102 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Zions First National Bank S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 87-0189025 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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 United States - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 110,215 EACH ----------------------------------------------------- REPORTING 9. SOLE DISPOSITIVE POWER PERSON -0- WITH ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 110,215 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 110,215 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.4% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON BK - -------------------------------------------------------------------------------- Page 3 of 10 4 Zions Bancorporation ("Zions") hereby amends its report on Schedule 13D originally filed on May 24, 1996 as heretofore amended (the "Schedule 13D") in respect of the Common Stock of MACC Private Equities Inc. (the "Company"). Capitalized terms used but not defined herein shall have the meanings given such terms in the Schedule 13D. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The funds required to purchase the 110,215 shares of Common Stock beneficially owned by Zions and the Bank were $1,151,224.67. These funds were derived from working capital. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The Bank currently holds and Zions may be deemed to hold through the Bank, for purposes of this report on Schedule 13D, the beneficial ownership of 110,215 shares of Common Stock, which the Bank and Zions believe represents approximately 11.4% of the outstanding shares of Common Stock. (b) Zions may be deemed to share the power to vote or direct the vote and to dispose or to direct the disposition of the 110,215 shares of Common Stock held by the Bank. (c) On August 2, 1996, the Bank purchased 1,300 shares of Common Stock at a cost of $13,165 ($10.13 per share). On August 13, 1996, the Bank purchased 1,500 shares of Common Stock at a cost of $14,640 ($9.76 per share). On August 28, 1996, the Bank purchased 1,000 shares of Common Stock at a cost of $9,925 ($9.925 per share). On September 27, 1996, the Bank purchased 1,100 shares of Common Stock at a cost of $11,304 ($10.28 per share). On September 19, 1996, the Bank purchased 1,200 shares of Common Stock at a cost of $11,215 ($9.35 per share). On October 3, 1996, the Bank purchased 2,000 shares of Common Stock at a cost of $18,850 ($9.425 per share). On October 10, the Bank purchased 2,200 shares of Common Stock at a cost of $21,015 ($9.552 per share). In each case, the shares were acquired in the ordinary course of business in transactions on the open market. To the best knowledge of Zions and the Bank, none of the persons listed on Schedule I-A or Schedule I-B hereto has effected any transactions in Common Stock during the past 60 days. Page 4 of 10 5 SIGNATURE After due inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated: October 11, 1996 ZIONS BANCORPORATION By: /s/ Dale M. Gibbons -------------------------------- Name: Dale M. Gibbons Title: Senior Vice President, Chief Financial Officer and Secretary Page 5 of 10 6 SIGNATURE After due inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated: October 11, 1996 ZIONS FIRST NATIONAL BANK By: /s/ Dale M. Gibbons ------------------------------- Name: Dale M. Gibbons Title: Executive Vice President, Chief Financial Officer and Secretary Page 6 of 10 7 SCHEDULE I-A DIRECTORS AND EXECUTIVE OFFICERS OF ZIONS BANCORPORATION The names, business addresses and present principal occupations of the directors and executive officers of Zions Bancorporation ("Zions") are set forth below. If no business address is given, the director's or officer's business address is 1380 Kennecott Building, Salt Lake City, Utah 84133. The business address of each of the directors of Zions is also the business address of such director's employer, if any. All directors and officers listed below are citizens of the United States. Position with Zions, Present Principal Occupation or Name Employment and Address - ---- ---------------------------------------------------- Gary L. Anderson Senior Vice President of Zions. Jerry C. Atkin Director of Zions. Chairman, President and Chief Executive Officer, SkyWest Airlines, 444 S. River Road, St. George, Utah 84770. Danne L. Buchanan Senior Vice President of Zions. President of Zions Data Service Company. Grant R. Caldwell Director of Zions. Retired, former Partner, KPMG Main Hurdman, Salt Lake City, Utah. R. Don Cash Director of Zions. Chairman, President and Chief Executive Officer of Questar Corporation, 180 East 100 South, Salt Lake City, Utah 84111. Director, Zions First National Bank. Gerald J. Dent Senior Vice President of Zions. Executive Vice President of Zions First National Bank. Dale M. Gibbons Senior Vice President, Chief Financial Officer and Secretary of Zions. Executive Vice President, Chief Financial Officer and Secretary of Zions First National Bank. John J. Gisi Senior Vice President of Zions. Chairman and Chief Executive Officer of National Bank of Arizona. Clark B. Hinckley Senior Vice President of Zions. George Hofmann III Senior Vice President of Zions. President and Chief Executive Officer of Nevada State Bank. Page 7 of 10 8 Position with Zions, Present Principal Occupation or Name Employment and Address - ---- ---------------------------------------------------- Richard H. Madsen Director of Zions. President and Chief Executive Officer of ZCMI, 2200 South 900 West, Salt Lake City, Utah 84137. Roger B. Porter Director of Zions. IBM Professor of Business and Government, Harvard University, 79 John F. Kennedy Street, Cambridge, Massachusetts 02138. Robert G. Sarver Director of Zions. Executive Director, Southwest Value Partners and affiliates, 8160 N. Hayden Road, Building J-208, Scottsdale, Arizona 85258. Chairman and Chief Executive Officer, G B Bancorporation. Harris H. Simmons President and Chief Executive Officer of Zions. President, Chief Executive Officer and Director of Zions First National Bank. Director of Questar Corporation. L.E. Simmons Director of Zions. President, SCF Investment Partners and L.E. Simmons & Associates, Inc., 6600 Texas Commerce Tower, Houston, Texas 77002. Roy W. Simmons Chairman of the Board of Directors of Zions. Chairman of the Board of Directors of Zions First National Bank. Member of the Board of Directors of Beneficial Life Insurance Co. Director of Ellison Ranching Co. I.J. Wagner Director of Zions. President of The Keystone Company, 910 Kennecott Building, Salt Lake City, Utah 84133. Dale W. Westergard Director of Zions. Retired former Executive Vice President of Zions. Director of Zions First National Bank. Page 8 of 10 9 SCHEDULE I-B DIRECTORS AND EXECUTIVE OFFICERS OF ZIONS FIRST NATIONAL BANK The names, business addresses and present principal occupations of the directors and executive officers of Zions First National Bank (the "Bank") are set forth below. If no business address is given, the director's or officer's business address is One South Main Street, Salt Lake City, Utah 84111. The business address of each of the directors of the Bank is also the business address of such director's employer, if any. All directors and officers listed below are citizens of the United States. Position with the Bank, Present Principal Occupation Name or Employment and Address - ---- ---------------------------------------------------- A. Scott Anderson Executive Vice President of the Bank. John B. D'Arcy Executive Vice President of the Bank. R. Don Cash Director of the Bank. Chairman and Chief Executive Officer, Questar Corporation, Salt Lake City, Utah 84139. Gerald J. Dent Executive Vice President of the Bank. Senior Vice President of Zions Bancorporation. Peter K. Ellison Executive Vice President of the Bank. Robert C. Fuehr Director of the Bank. Vice President-Public Policy, Telco Business Development, U S WEST, Englewood, Colorado 80111. Dale M. Gibbons Executive Vice President, Chief Financial Officer and Secretary of the Bank. Senior Vice President, Chief Financial Officer and Secretary of Zions Bancorporation. Ronald S. Hanson Director of the Bank. Retired. W. David Hemingway Executive Vice President of the Bank. James T. Jensen Director of the Bank. Executive Vice President/General Counsel of Savage Industries, Salt Lake City, Utah 84107. Dixie Leavitt Director of the Bank. President of St. George Temple, St. George, Utah. Robert A. Madsen, Sr. Director of the Bank. Madsen Furniture Co., Salt Lake City, Utah. Page 9 of 10 10 Position with the Bank, Present Principal Occupation Name or Employment and Address - ---- ---------------------------------------------------- Susan Mooney Johnson Director of the Bank. Consultant. Box 3640, Ketchum, Idaho 83340. Alvin J. Schoenhals Director of the Bank. Retired. Harris H. Simmons President, Chief Executive Officer and Director of the Bank. President and Chief Executive Officer of Zions Bancorporation. Roy W. Simmons Chairman of the Board of Directors of the Bank. Chairman of the Board of Directors of Zions Bancorporation. D. Gill Warner Director of the Bank. Retired. Dale W. Westergard Director of the Bank. Director of Zions Bancorporation. Retired. Page 10 of 10 -----END PRIVACY-ENHANCED MESSAGE-----