-----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, ACVbRY+Otn32KvkyRscxC3baFoKMT5rZSg/NtSarLHbPRQqPokhiuk+7akmVx+Ut WZcBLMHEcQvXQ8tQ2Lv+KA== 0000898430-02-000508.txt : 20020414 0000898430-02-000508.hdr.sgml : 20020414 ACCESSION NUMBER: 0000898430-02-000508 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020212 GROUP MEMBERS: ANGELA G WEBER GROUP MEMBERS: LION INVESTMENTS LIMITED GROUP MEMBERS: LMS CAPITAL (BERMUDA) LIMITED GROUP MEMBERS: LONDON MERCHANT SECURITIES PLC GROUP MEMBERS: ROBERT A RAYNE GROUP MEMBERS: WESTPOOL INVESTMENT TRUST PLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIGITAL GENERATION SYSTEMS INC CENTRAL INDEX KEY: 0000934448 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 943140772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49603 FILM NUMBER: 02537402 BUSINESS ADDRESS: STREET 1: 5221 NORTH OCONNOR BLVD CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 4155466600 MAIL ADDRESS: STREET 1: 5221 NORTH OCONNOR BLVD CITY: IRVING STATE: TX ZIP: 75039 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEBER EUGENE M CENTRAL INDEX KEY: 0001098765 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 CALIFORNIA STREET STREET 2: SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94114 BUSINESS PHONE: 4153625680 MAIL ADDRESS: STREET 1: 50 CALIFORNIA STREET STREET 2: SUITE 3200 CITY: SAN FRANCISCO STATE: CA ZIP: 94114 SC 13G/A 1 dsc13ga.txt SCHEDULE 13G AMENDMENT NO. 4 ------------------------------- / OMB APPROVAL / ------------------------------- / OMB Number: 3235-0145 / / Expires: October 31, 2002 / / Estimated average burden / / hours per response.... 14.9 / ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4 )* --- Digital Generation Systems, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 125708107 ------------------------------ (CUSIP Number) December 31, 2001 - -------------------------------------------------------------------------------- (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 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). Page 1 of 11 CUSIP No. 125708107 ---------- ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). London Merchant Securities plc - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United Kingdom - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY 1,983,605 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. 1,983,605 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 1,983,605 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. 2.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 12. OO - ------------------------------------------------------------------------------ Page 2 of 11 CUSIP No. 125708107 ---------- ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). Lion Investments Limited - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United Kingdom - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY 480,824 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. 480,824 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 480,824 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. Less than 1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 12. OO - ------------------------------------------------------------------------------ Page 3 of 11 CUSIP No. 125708107 ---------- ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). Westpool Investment Trust plc - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United Kingdom - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY 308,924 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. 308,924 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 308,924 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. Less than 1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 12. OO - ------------------------------------------------------------------------------ Page 4 of 11 CUSIP NO. 125708107 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Robert A. Rayne - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United Kingdom - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 92,500 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 92,500 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 92,500 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (SEE INSTRUCTIONS) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. LESS THAN 1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12. IN - ------------------------------------------------------------------------------ Page 5 of 11 CUSIP NO. 125708107 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Eugene M. Weber - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 15,000 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 15,000 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 15,000 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (SEE INSTRUCTIONS) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. LESS THAN 1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12. IN - ------------------------------------------------------------------------------ Page 6 of 11 CUSIP NO. 125708107 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Angela G. Weber - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 1,000 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 1,000 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 1,000 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (SEE INSTRUCTIONS) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. LESS THAN 1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12. IN - ------------------------------------------------------------------------------ Page 7 of 11 CUSIP NO. 125708107 ----------------- - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). LMS Capital (Bermuda) Limited - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS). 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. Bermuda - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY 1,085,357 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. 1,085,357 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 1,085,357 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10. (SEE INSTRUCTIONS) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11. 1.5% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12. OO - ------------------------------------------------------------------------------ Page 8 of 11 Item 1. (a) The name of the issuer is Digital Generation Systems, Inc. (the "Issuer"). (b) The principal executive office of the Issuer is located at 875 Battery Street, San Francisco, CA 94111. Item 2. (a) The names of the persons filing this statement are: London Merchant Securities plc ("LMS"); Lion Investments Limited ("Lion"); Westpool Investment Trust plc ("Westpool"); Robert A. Rayne ("Rayne"); Eugene M. Weber ("Mr. Weber"); Angela G. Weber ("Ms. Weber"); and LMS Capital (Bermuda) Limited ("Capital")(collectively, the "Filers"). (b) The principal business address of LMS, Lion, Westpool, and Rayne is 33 Robert Adam Street, London WIM 5AH, United Kingdom. The principal business address of Capital is Clarendon House, 2 Church Street, Hamilton, Bermuda HM11. The principal business address of Mr. Weber and Ms. Weber is 50 California Street, Suite 3200, San Francisco, California 94111. (c) LMS, Lion and Westpool are limited companies organized under the laws of England and Wales. Capital is a company organized under the laws of Bermuda. Rayne is a citizen of the United Kingdom. Mr. Weber and Ms. Weber are citizens of the United States. (d) This statement relates to shares of common stock of the Issuer (the "Stock"). (e) The CUSIP number of the Stock is 125708107. Item 3. If this statement is filed pursuant to (S)(S)240.13d-1(b) or 240.13d- 2(b) or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a- 8). (e) [_] An investment adviser in accordance with (S)240.13d- 1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with (S)240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with (S)240.13d-1(b)(1)(ii)(G); (h) [_] A savings associations 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 (S)240.13d-1(b)(1)(ii)(J). Page 9 of 11 Item 4. Ownership. See Items 5-9 and 11 on the cover sheet for each Filer. 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]. 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 Reported on By the Parent Holding Company Not Applicable Item 8. Identification and Classification of Members of the Group See Item 2(a) 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 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. Page 10 of 11 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 11, 2002 LONDON MERCHANT SECURITIES PLC By: /s/ Robert A. Rayne ------------------------------ Robert A. Rayne Director LION INVESTMENTS LIMITED By: /s/ Robe A. Rayne ------------------------------ Robert A. Rayne Director WESTPOOL INVESTMENT TRUST PLC By: /s/ Robe A. Rayne ------------------------------ Robert A. Rayne Director /s/ Robert A. Rayne ------------------------------ Robert A. Rayne * ------------------------------ Eugene M. Weber * ------------------------------ Angela G. Weber LMS CAPITAL (BERMUDA) LIMITED By: /s/ Robe A. Rayne ------------------------------ Robert A. Rayne Director * By London Merchant Securities plc, as attorney-in-fact By: /s/ Robert A. Rayne -------------------- Robert A. Rayne Director Page 11 of 11 -----END PRIVACY-ENHANCED MESSAGE-----