-----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, C6prX1xp+BrssUSQnWb8uPp09fiJOvJYnjeWvvOZB121wXcROoCny1UaLSEt84dQ cyTXONDNNOBRFa95awHmoA== /in/edgar/work/0000950147-00-001472/0000950147-00-001472.txt : 20000927 0000950147-00-001472.hdr.sgml : 20000927 ACCESSION NUMBER: 0000950147-00-001472 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000925 GROUP MEMBERS: JAYNE JOHNSTON GROUP MEMBERS: JOHNSTON FAMILY CHARITABLE REMAINDER TRUST #3 GROUP MEMBERS: JOHNSTON FAMILY LIVING TRUST GROUP MEMBERS: JOHNSTON RICHARD P SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL PRECISION INC CENTRAL INDEX KEY: 0001016395 STANDARD INDUSTRIAL CLASSIFICATION: [3949 ] IRS NUMBER: 061453896 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53445 FILM NUMBER: 727969 BUSINESS ADDRESS: STREET 1: 15170 NORTH HAYDEN ROAD STREET 2: SUITE 1 CITY: SCOTTSDALE STATE: AZ ZIP: 85260 BUSINESS PHONE: 6026270200 MAIL ADDRESS: STREET 1: 15170 NORTH HAYDEN ROAD STREET 2: SUITE 1 CITY: SCOTTSDALE STATE: AZ ZIP: 85260 FORMER COMPANY: FORMER CONFORMED NAME: FM PRECISION GOLF CORP DATE OF NAME CHANGE: 19970521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSTON RICHARD P CENTRAL INDEX KEY: 0001123881 STANDARD INDUSTRIAL CLASSIFICATION: [ ] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 210 SOUTH FOURTH AVENUE CITY: PHOENIX STATE: AZ ZIP: 85003 MAIL ADDRESS: STREET 1: 210 SOUTH FOURTH AVENUE CITY: PHOEINIX STATE: AZ ZIP: 85003 SC 13G 1 0001.txt SCHEDULE 13G RE: ROYAL PRECISION, INC. ------------------------------------ OMB APPROVAL ------------------------------------ OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours to perform............. 14.9 ------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 ROYAL PRECISION, INC. ----------------------------- (Name of Issuer) Common Stock, par value $.001 per share --------------------------------------- (Title of Class of Securities) 780921-10-2 -------------- (CUSIP Number) July 3, 2000 ------------------------------------------------------- (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). SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 2 of 11 Pages - --------------------- ------------------ 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Richard P. Johnston ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 802,609 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 25,052 PERSON ------------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 777,557 ------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 802,609 ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.1% ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ----------------------------------------------------------------------------- SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 3 of 11 Pages - --------------------- ------------------ 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Jayne Johnston ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 802,609 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 802,609 ------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 802,609 ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.1% ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ----------------------------------------------------------------------------- SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 4 of 11 Pages - --------------------- ------------------ 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Johnston Family Living Trust u/a dtd 4/11/94 ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Wyoming, United States of America ----------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 35,848 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 35,848 PERSON ------------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,848 ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Less than 1% ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO ----------------------------------------------------------------------------- SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 5 of 11 Pages - --------------------- ------------------ 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Johnston Family Charitable Remainder Trust #3 ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Indiana, United States of America ----------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 741,709 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 741,709 PERSON ------------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 741,709 ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13% ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO ----------------------------------------------------------------------------- SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 6 of 11 Pages - --------------------- ------------------ ITEM 1(a). NAME OF ISSUER: Royal Precision, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 15170 North Hayden Road, Suite 1 Scottsdale, Arizona 85260 ITEM 2(a). NAME OF PERSON FILING: Richard P. Johnston, Jayne Johnston, Johnston Family Living Trust u/a dtd. 4/11/94 and Johnston Family Charitable Remainder Trust #3. (These parties previously were party to a Stockholder Agreement among the issuer and certain other stockholders and reported their ownership as a member of that "group" on Schedule 13G. The Stockholder Agreement was terminated in July 2000. This filing with respect to their ownership is made in their individual capacity.) ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: Richard P. Johnston 4350 Greens Place Wilson, Wyoming 83014 Jayne Johnston 4350 Greens Place Wilson, Wyoming 83014 Johnston Family Living Trust u/a dtd. 4/11/94 4350 Greens Place Wilson, Wyoming 83014 Johnston Family Charitable Remainder Trust #3 4350 Greens Place Wilson, Wyoming 83014 ITEM 2(c). CITIZENSHIP: Richard P. Johnston and Jayne Johnston are citizens of the United States of America. Johnston Family Charitable Remainder Trust #3 is domiciled in the State of Indiana. Johnston Family Living Trust is domiciled in the State of Wyoming. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $.001 per share SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 7 of 11 Pages - --------------------- ------------------ ITEM 2(e). CUSIP NUMBER: 780921-10-2 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (Not Applicable) (a) [ ] Broker or Dealer registered under section 15 of the Act, (b) [ ] Bank as defined in section 3(a)(6) of the Act, (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act, (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; SEE 13d-1(b)(1)(ii)(F), (g) [ ] A Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); SEE Item 7 (h) [ ] A group, in accordance with ss.13d-1(b)(1)(ii)(H). ITEM 4. OWNERSHIP. (a) Amount beneficially owned: Richard P. Johnston: 25,052 common shares subject to options exercisable within 60 days. Mr. Johnston is a trustee of the Johnston Trust #3 and the Johnston Living Trust. Mr. Johnston is reporting 741,709 common shares which are owned directly by the Johnston Trust #3 and 35,848 shares owned directly by the Johnston Living Trust. Mr. Johnston expressly declares that his filing of this Schedule 13G shall not be construed as an admission that he is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by the Schedule 13G except for 25,052 common shares subject to options exercisable within 60 days which are owned directly by Mr. Johnston. Jayne Johnston: Mrs. Johnston is the spouse of Richard P. Johnston and a trustee of the Johnston Trust #3 and Johnston Living Trust. Mrs. Johnston is reporting 25,052 common shares which are subject to options exercisable within 60 days which are owned directly by Mr. Johnston, 741,709 shares owned directly by the Johnston Trust #3 and 35,848 shares owned directly by the Johnston Living Trust. Mrs. Johnston expressly declares that her filing of this Schedule 13G shall not be construed as an admission that she is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G. Johnston Family Charitable Remainder Trust #3: 741,709 common shares SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 8 of 11 Pages - --------------------- ------------------ Johnston Family Living Trust: 35,848 common shares. (b) Percent of class: Richard P. Johnston: 14.1% Jayne Johnston: 14.1% Johnston Family Charitable Remainder Trust #3: 13% Johnston Living Trust: 0% (c) Number of shares as to which such person has: Richard P. Johnston (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 802,609 (iii) Sole power to dispose or to direct the disposition of: 25,052 (iv) Shared power to dispose or to direct the disposition of: 777,557 Jayne Johnston (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 802,609 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 802,609 Johnston Family Living Trust: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 35,848 (iii) Sole power to dispose or to direct the disposition of: 35,848 (iv) Shared power to dispose or to direct the disposition of: 0 Johnston Family Charitable Remainder Trust #3: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 741,709 (iii) Sole power to dispose or to direct the disposition of: 741,709 (iv) Shared power to dispose or to direct the disposition of: 0 SCHEDULE 13G - --------------------- ------------------ CUSIP NO. 780921-10-2 Page 9 of 11 Pages - --------------------- ------------------ ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not applicable. 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. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. SCHEDULE 13G - --------------------- ------------------- CUSIP NO. 780921-10-2 Page 10 of 11 Pages - --------------------- ------------------- ITEM 10. CERTIFICATION. By signing below the undersigned certifies that, to the best of his 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 purposes or effect. 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. /s/ Richard P. Johnston --------------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) /s/ Jayne Johnston --------------------------------------------- (Signature) Jayne Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) Johnston Family Living Trust By: /s/ Richard P. Johnston ----------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) Johnston Family Charitable Remainder Trust #3 By: /s/ Richard P. Johnston ----------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) SCHEDULE 13G - --------------------- ------------------- CUSIP NO. 780921-10-2 Page 11 of 11 Pages - --------------------- ------------------- EXHIBIT INDEX Exhibit Description ------- ----------- 1 Statement Pursuant to Rule 13d-1(k)(1) EX-1 2 0002.txt JOINT FILING STATEMENT STATEMENT PURSUANT TO RULE 13d-1 (k)(1) The undersigned parties hereto hereby consent and agree to file a joint statement on Schedule 13(G) under the Securities Exchange Act of 1934, as amended, on behalf of each of them, with respect to shares of common stock of ROYAL PRECISION, INC. beneficially owned by them, together with any or all amendments thereto, when and if appropriate. The parties hereto further consent and agree to file this Statement pursuant to Rule 13d-1(k)(iii) as an exhibit to such Schedule 13(G)), thereby incorporating the same into such Schedule 13(G). /s/ Richard P. Johnston --------------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) /s/ Jayne Johnston --------------------------------------------- (Signature) Jayne Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) Johnston Family Living Trust By: /s/ Richard P. Johnston ----------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) Johnston Family Charitable Remainder Trust #3 By: /s/ Richard P. Johnston ----------------------------------------- (Signature) Richard P. Johnston --------------------------------------------- September 20, 2000 --------------------------------------------- (Date) -----END PRIVACY-ENHANCED MESSAGE-----