-----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, M27vrvS3qGGM5vGFJNHd9djNAgr+vj0mld2w/fEt+dL9DwYu/RkvxJPQ7tmtHzT7 V0FSRcDWg5NNTjlIRjUl2Q== 0000950142-01-000102.txt : 20010223 0000950142-01-000102.hdr.sgml : 20010223 ACCESSION NUMBER: 0000950142-01-000102 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010215 GROUP MEMBERS: BERKOWITZ CAPITAL & CO., L.L.C. GROUP MEMBERS: BERKOWITZ J L & CO L L C GROUP MEMBERS: CRAMER BERKOWITZ PARTNERS, L.P. GROUP MEMBERS: J.L. BERKOWITZ & CO., L.L.C. GROUP MEMBERS: JEFFREY L. BERKOWITZ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FAIRCHILD CORP CENTRAL INDEX KEY: 0000009779 STANDARD INDUSTRIAL CLASSIFICATION: BOLTS, NUTS, SCREWS, RIVETS & WASHERS [3452] IRS NUMBER: 340728587 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-34039 FILM NUMBER: 1548354 BUSINESS ADDRESS: STREET 1: 45025 AVIATION DR STREET 2: STE 400 CITY: DULLES STATE: VA ZIP: 20166 BUSINESS PHONE: 7034785800 MAIL ADDRESS: STREET 1: 45025 AVIATION DRIVE STREET 2: SUITE 400 CITY: DULLES STATE: VA ZIP: 20166 FORMER COMPANY: FORMER CONFORMED NAME: BANNER INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19901118 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BERKOWITZ J L & CO L L C CENTRAL INDEX KEY: 0001013994 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 100 WALL ST STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2127424480 MAIL ADDRESS: STREET 1: 100 WALL ST STREET 2: 8 TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: CRAMER J J & CO INC DATE OF NAME CHANGE: 19960510 SC 13D/A 1 0001.txt AMENDMENT NO. 11 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11) ----------------------- THE FAIRCHILD CORPORATION (Name of Issuer) COMMON STOCK, PAR VALUE $0.10 PER SHARE (Title of Class of Securities) 303698104 (CUSIP Number) JEFFREY L. BERKOWITZ 40 FULTON STREET NEW YORK, NY 10038 TEL. NO.: (212) 587-2900 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ----------------------- FEBRUARY 13, 2001 (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(e), 1(f) or 1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. 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). ================================================================================ - ------------------- -------------------- CUSIP No. 303698104 Page 2 of 11 Pages - ------------------- -------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cramer Berkowitz Partners, L.P. (f/k/a Cramer Partners, L.P.) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES -------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 850,000 WITH -------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 850,000 -------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 850,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ------------------- -------------------- CUSIP No. 303698104 Page 3 of 11 Pages - ------------------- -------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Berkowitz Capital & Co., L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NA - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES -------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 850,000 WITH -------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 850,000 -------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 850,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - ------------------- -------------------- CUSIP No. 303698104 Page 4 of 11 Pages - ------------------- -------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON J.L. Berkowitz & Co., L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NA - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES -------------------------------------------------- BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 850,000 WITH -------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 850,000 -------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 850,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - ------------------- -------------------- CUSIP No. 303698104 Page 5 of 11 Pages - ------------------- -------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jeffrey L. Berkowitz - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NA - -------------------------------------------------------------------------------- 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 OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 850,000 WITH -------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 850,000 -------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 850,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - ------------------- -------------------- CUSIP No. 303698104 Page 6 of 11 Pages - ------------------- -------------------- ITEM 1. SECURITY AND ISSUER. The undersigned hereby amends the statement on Schedule 13D, dated February 20, 1997, as amended by Amendment No. 1 dated March 21, 1997, Amendment No. 2 dated May 7, 1997, Amendment No. 3 dated August 25, 1997, Amendment No. 4 dated November 6, 1997, Amendment No. 5 dated December 5, 1997, Amendment No. 6 dated October 6, 1998, Amendment No. 7 dated December 9, 1998, Amendment No. 8 dated December 30, 1998, Amendment No. 9 dated December 9, 1999 and Amendment No. 10 dated March 15, 2000 relating to the Class A Common Stock, par value $.10 per share, of The Fairchild Corporation, a Delaware corporation (the "Company"), whose principal executive office is located at Washington Dulles International Airport, 300 West Service Road, P.O. Box 10803, Chantilly, Virginia, 20153. The Company's shares of Class A Common Stock (the "Common Stock") are referred to herein as the "Shares." Unless otherwise indicated, all capitalized terms used herein shall have the same meaning as set forth in the statement. ITEM 2. IDENTITY AND BACKGROUND. Item 2 of the statement is hereby amended and restated to read in its entirety as follows: This statement on Schedule 13D is being filed by J.L. Berkowitz & Co., L.L.C., a Delaware limited liability company (the "Manager"), Berkowitz Capital & Co., L.L.C., a Delaware limited liability company (the "General Partner"), Cramer Berkowitz Partners, L.P. (formerly Cramer Partners, L.P.), a Delaware limited partnership (the "Partnership") and Jeffrey L. Berkowitz (collectively the "Reporting Persons"). A copy of the Joint Filing Agreement among the Reporting Persons is annexed hereto as Exhibit A. - ------------------- -------------------- CUSIP No. 303698104 Page 7 of 11 Pages - ------------------- -------------------- The Manager acts as an investment adviser to and manager of the Partnership. The address of the principal business and principal office of the Manager, the Partnership and the General Partner is 40 Fulton Street, New York, NY 10038. The business address of Jeffrey L. Berkowitz is 40 Fulton Street, New York, NY 10038. The present principal occupation or employment of Jeffrey L. Berkowitz is Managing Member of the Manager. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 of the statement is hereby amended and restated to read in its entirety as follows: The Shares were purchased with the personal funds of the Partnership in the amount of $1,352,789.70. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Items 5(a), 5(b), 5(c) and 5(e) of the statement are hereby amended and restated to read in their entirety as follows: (a) This statement on Schedule 13D relates to 850,000 Shares beneficially owned by the Reporting Persons, which constitute approximately 3.8% of the issued and outstanding Shares. (b) The Partnership, the General Partner, and the Manager have sole voting and dispositive power with respect to Shares owned by the Partnership. Jeffrey L. Berkowitz has shared voting and dispositive power with respect to the Partnership's 850,000 Shares. (c) In the last 60 days, the Reporting Persons purchased or sold Shares on the dates, in the amounts and at the prices set forth on Exhibit B attached hereto and incorporated by reference herein. All of such sales were made on the open market. - ------------------- -------------------- CUSIP No. 303698104 Page 8 of 11 Pages - ------------------- -------------------- 5(e) As of the close of business on February 14, 2001, the Reporting persons ceased to be the beneficial owner of more than five percent of the class of securities. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Item 6 of the Statement is amended by deleting on the second line the number "1,500,000" and replacing it with the number "850,000." - ------------------- -------------------- CUSIP No. 303698104 Page 9 of 11 Pages - ------------------- -------------------- 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 15, 2001 CRAMER BERKOWITZ PARTNERS, L.P. By: Berkowitz Capital & Co., L.L.C. its general partner By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member BERKOWITZ CAPITAL & CO., L.L.C. By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member J.L. BERKOWITZ & CO., L.L.C. By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member /s/ Jeffrey L. Berkowitz ------------------------------------------------- Jeffrey L. Berkowitz - ------------------- -------------------- CUSIP No. 303698104 Page 10 of 11 Pages - ------------------- -------------------- EXHIBIT A JOINT FILING AGREEMENT PURSUANT TO RULE 13D-(k)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D 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 as of February 15, 2001 CRAMER BERKOWITZ PARTNERS, L.P. By: Berkowitz Capital & Co., L.L.C. its general partner By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member BERKOWITZ CAPITAL & CO., L.L.C. By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member J.L. BERKOWITZ & CO., L.L.C. By: /s/ Jeffrey L. Berkowitz -------------------------------------------- Name: Jeffrey L. Berkowitz Title: Managing Member /s/ Jeffrey L. Berkowitz ------------------------------------------------- Jeffrey L. Berkowitz - ------------------- -------------------- CUSIP No. 303698104 Page 11 of 11 Pages - ------------------- -------------------- EXHIBIT B TRANSACTIONS IN COMMON STOCK OF THE COMPANY WITHIN THE LAST SIXTY DAYS NO. OF SHARES TRADE DATE PURCHASED/SOLD COST PER SHARE TYPE ---------- -------------- -------------- ---- 1/2/01 188,300 $6.5 S 1/3/01 18,300 5.6817 S 1/4/01 3,200 5.6055 S 1/5/01 10,000 5.6438 S 1/9/01 2,200 5.75 S 1/10/01 17,000 5.75 S 2/13/01 188,300 6.50 S 2/14/01 218,300 6.5049 S 2/15/01 93,400 6.3648 S -----END PRIVACY-ENHANCED MESSAGE-----