-----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, LO8JX3j22jaRs1O1rrNwBIk9ByullzEncwkbmK5Uhb+pLqBjE5kChKkGHYgC3OFZ bpdRxwjcdjE+ACYI3sJWKA== 0000903112-98-000148.txt : 19980218 0000903112-98-000148.hdr.sgml : 19980218 ACCESSION NUMBER: 0000903112-98-000148 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNIVERSAL STAINLESS & ALLOY PRODUCTS INC CENTRAL INDEX KEY: 0000931584 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 251724540 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-49841 FILM NUMBER: 98536945 BUSINESS ADDRESS: STREET 1: 600 MAYER ST CITY: BRIDGEVILLE STATE: PA ZIP: 15017 BUSINESS PHONE: 4122577600 MAIL ADDRESS: STREET 1: 600 MAYER ST CITY: BRIDGEVILLE STATE: PA ZIP: 15017 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KLEAR IDO CENTRAL INDEX KEY: 0001034614 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: FURURTEC L P STREET 2: 111 GREAT NECK ROAD, SUITE 301 CITY: GREAT NECK STATE: NY ZIP: 11021 BUSINESS PHONE: 5167733730 MAIL ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 75 EAST 55TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 AMENDMENT NO. 2 TO SCHEDULE 13G As filed with the Securities and Exchange Commission on February 13, 1998 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G ACQUISITION STATEMENT FOR SECURITIES PURCHASED PURSUANT TO SECTION 13 OF THE 1934 ACT Under the Securities Exchange Act of 1934 (Amendment No. 2) Universal Stainless & Alloy Products, Inc. ------------------------------------------ (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 913837100 --------- (CUSIP Number) * 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 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. 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Futurtec, L.P. 11-3155090 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 2 5 SOLE VOTING POWER 240,000 ----------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------- OWNED BY 7 SOLE DISPOSITIVE POWER EACH 240,000 REPORTING ----------------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 240,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Futurtec Capital Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 2 5 SOLE VOTING POWER 240,000 NUMBER OF ----------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 240,000 PERSON WITH ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 240,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ido Klear - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 2 5 SOLE VOTING POWER 240,000 NUMBER OF ----------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 240,000 PERSON WITH ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 240,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- This Amendment No. 2 to Schedule 13G amends and supplements the Schedule 13G which was originally filed with the Securities Exchange Commission (the "SEC") on February 14, 1995 by Futurtec, L.P., Futurec Capital Corporation and Ido Klear (collectively, the "Reporting Persons") with respect to beneficial ownership of shares of the Common Stock of Universal Stainless & Alloy Products, Inc., as amended and supplemented by Amendment No. 1 thereto filed with the SEC on February 14, 1996. Item 1(a). Name of Issuer: Universal Stainless & Alloy Products, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 600 Mayer Street Bridgeville, Pennsylvania 15017 Item 2(a). Name of Person Filing: Futurtec, L.P., a Delaware limited partnership, is the security holder of record of the Common Stock (hereinafter defined) of the Company. Futurtec Capital Corporation, a Delaware corporation, is the general partner of Futurtec, L.P. Mr. Ido Klear is the sole stockholder, director and President of Futurtec Capital Corporation. Item 2(b). Address of Principal Business Office or, if none, Residence: Futurtec, L.P. 111 Great Neck Road Suite 301 Great Neck, New York 11021 Item 2(c). Citizenship: U.S.A. Item 2(d). Title of Class of Securities: Common Stock, $.001 par value per share (the "Common Stock") Item 2(e). CUSIP Number: 913837100 Item 3. Type of Reporting Person Filing Pursuant to Rule 13d-1(b) or 13d-2(b): Not Applicable. 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- Item 4. Ownership: Item 4 is hereby amended as follows: The information previously furnished in response to this Item is amended to report beneficial ownership of the Common Stock as of December 31, 1997 as follows: (a) Amount Beneficially Owned as of December 31, 1997: 240,000 shares of Common Stock (b) Percent of Class: 3.8% (c) Number of shares as to which the Reporting Person has: (i) sole power to vote or to direct the vote 240,000 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 240,000 (iv) shared power to dispose or to direct the disposition of 0 Item 5. Ownership of Five Percent or Less of a Class: Item 5 is hereby amended as follows: If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [ X ] Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reporting on By the Parent Holding Company: Not Applicable. Item 8. Identification and Classification of Members of the Group: Not Applicable. 684469.1 - ------------------- CUSIP No. 913837100 SCHEDULE 13G - ------------------- Item 9. Notice of Dissolution of Group: Not Applicable. Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 684469.1 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 13, 1998 FUTURTEC, L.P. By: Futurtec Capital Corporation, its General Partner By: /s/ Ido Klear ------------------------------------ Name: Ido Klear Title: President FUTURTEC CAPITAL CORPORATION By: /s/ Ido Klear ------------------------------------ Name: Ido Klear Title: President /s/ Ido Klear ------------------------------------ Ido Klear 684469.1 -----END PRIVACY-ENHANCED MESSAGE-----