-----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, F3phoKQK0FtSkjF4C6WonVxHB97GgIzMHcBx/B9wDeXowclsEqZ+P4QlCTzw9QfQ K7RTcQ4Xv60OPoZamkMpRQ== 0000950152-98-009829.txt : 19981229 0000950152-98-009829.hdr.sgml : 19981229 ACCESSION NUMBER: 0000950152-98-009829 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981228 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATES SATELLITE BROADCASTING CO INC CENTRAL INDEX KEY: 0001004314 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 411407863 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-46075 FILM NUMBER: 98775984 BUSINESS ADDRESS: STREET 1: 3415 UNIVERSITY AVENUE CITY: ST PAUL STATE: MN ZIP: 55114 BUSINESS PHONE: 6126454500 MAIL ADDRESS: STREET 1: 3415 UNIVERSITY AVENUE STREET 2: 3415 UNIVERSITY AVENUE CITY: ST PAUL STATE: MN ZIP: 55114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONWIDE MUTUAL INSURANCE CO CENTRAL INDEX KEY: 0000315099 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: OH FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE NATIONWIDE ENTERPRISE CITY: COLUMBUS STATE: OH ZIP: 43125 BUSINESS PHONE: 6142497111 MAIL ADDRESS: STREET 1: ONE NATIONWIDE ENTERPRISE CITY: COLUMBUS STATE: OH ZIP: 43215 SC 13D/A 1 U.S. SATELLITE BROADCASTING/NATIONWIDE SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* United States Satellite Broadcasting, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 912534104 -------------- (CUSIP Number) David E. Simaitis, One Nationwide Plaza 1-35-08, Columbus, Ohio 43216 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) (614) 249-7618 December 1, December 3, and December 8, 1998 ------------------------------------------------------- (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(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with the 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). SEC 1746 (9-88) 1 OF 7 2 SCHEDULE 13D
- --------------------------------------------- -------------------------------------------- CUSIP NO. 912534104 PAGE 2 OF 7 PAGES - --------------------------------------------- -------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Nationwide Mutual Insurance Company 31-4177100 - ------------------------------------------------------------------------------------------------------------------------------------ 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 ITEM 2(d) or 2(E) / / - ------------------------------------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ohio - ------------------------------------------------------------------------------------------------------------------------------------ 7 SOLE VOTING POWER 4,565,500 on December 1, 1998 3,565,500 on December 3, 1998; 2,565,500 on December 8, 1998 NUMBER OF ------------------------------------------------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ------------------------------------------------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 4,565,500 on December 1, 1998 3,565,500 on December 3, 1998; 2,565,500 on December 8, 1998 ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,565,500 on December 1, 1998; 2,565,500 on December 8, 1998 3,565,500 on December 3, 1998 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.08% on December 1, 1998; 2.86 on December 8, 1998 3.97% on December 3, 1998 - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* I.C. - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! SEC 1746 (9-88) 2 of 7 3 Amendment No. 1 ITEM 1. SECURITY AND ISSUER ------------------- This statement relates to the common stock class of equity securities of United States Satellite Broadcasting, Inc. ("USSB"), with principal executive office at 3415 University Avenue, St. Paul, Minnesota 55114. ITEM 2. IDENTITY AND BACKGROUND ----------------------- (a)-(b) Nationwide Mutual Insurance Company, One Nationwide Plaza, Columbus, OH 43216, is a mutual insurance company organized under the laws of the State of Ohio. Directors of Reporting Persons ------------------------------
Name Address Principal Occupation ---- ------- -------------------- Lewis J. Alphin 519 Bethel Church Road Farm Owner and Operator Mount Olive, North Carolina 28365 A.I. Bell 4121 N. River Road W Farm Owner and Operator Zanesville, OH 43701 Bell Farms/Zanesville Keith W. Eckel 1647 Falls Road Partner Fred W. Eckelsons Clarks Summit, PA 18411 President Eckel Farms Inc. Willard J. Engel 1100 East Main Street General Manager, Lyon Marshall, Minnesota 56258 County Cooperative Oil Company Fred C. Finney 1558 West Moreland Road Farm Owner and Operator, Wooster, Ohio 44691 Moreland Fruit Farm, Operator Melrose Orchard Charles L. Fuellgraf, Jr. 600 S. Washington Street Chief Executive Officer, Butler, Pennsylvania 16001 Fuellgraf Electric Company, Electrical Construction & Engineering Services Dimon R. McFerson One Nationwide Plaza President and Chief Columbus, OH 43216 Executive Officer, Nationwide Insurance Enterprises
(3) 4
Name Address Principal Occupation ---- ------- -------------------- David O. Miller 625 Country Club Dr., Apt B6 President, Owen Potato Farm, Inc., Newark, Ohio 43055 Partner M & M Enterprises Yvonne L. Montgomery 7 Vale Close Sr. Vice President/General Atlanta, GA 30324 Manager for Xerox Corp. James F. Patterson 8765 Mulberry Road President, Patterson Farms, Inc., Chesterland, Ohio 44026 Vice President Pattersons, Inc. Arden L. Shisler 2724 W. Lebanon Road President and Chief Executive Officer, Dalton, Ohio 44118 K & B Transport, Inc. Robert L. Stewart 88740 Fairview Road Farm Owner and Operator, Owner and Jewett, Ohio 43986 Operator, Sunnydale Mining Nancy C. Thomas 10235 Georgetown Road, N.E. Farm Owner and Operator Louisville, Ohio 44641 Harold W. Weihl 14284 King Road Farm Owner and Operator Bowling Green, Ohio 43402 Executive Officers of Reporting Persons --------------------------------------- Name Address Principal Occupation ---- ------- -------------------- Dimon R. McFerson One Nationwide Plaza Chairman and Chief Executive Officer- Columbus, OH 43216 Nationwide Insurance Enterprises Richard D. Crabtree One Nationwide Plaza President and Chief Operating Officer Columbus, OH 43216 Robert A. Oakley One Nationwide Plaza Executive Vice President- Columbus, OH 43216 Chief Financial Officer
(4) 5
Name Address Principal Occupation ---- ------- -------------------- Robert J. Woodward, Jr. One Nationwide Plaza Executive Vice President- Columbus, OH 43216 Chief Investment Officer Charles A. Bryan One Nationwide Plaza Senior Vice President Columbus, OH 43216 Corporate Development W. Sidney Druen One Nationwide Plaza Senior Vice President Columbus, OH 43216 and General Counsel and Assistant Secretary Philip C. Gath One Nationwide Plaza Senior Vice President- Columbus, OH 43216 Chief Information Technology Officer
All of the above named directors, trustees and executive officers of the reporting persons are hereinafter referred to as "Executive Officers." (c) Inapplicable (d)-(e) During the past five years, none of the above-named persons or the Executive Officers have either been convicted in a criminal proceeding or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which as result thereof, subjected them to a judgement, decree or final order enjoining futures violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Inapplicable. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION - ---------------------------------------------------------- The source of the funds for the purchase of the stock of USSB was from the working capital of Nationwide Mutual Insurance Company. The amount of the purchase price was $20,000,000. No part of the purchase price of the stock of USSB was borrowed. ITEM 4. PURPOSE OF TRANSACTION - ------------------------------ Nationwide Mutual Insurance Company sold the subject securities as part of its investment program. There are no other plans or proposals regarding the subject securities which the reporting person may have. (5) 6 ITEM 5. INTEREST SECURITIES OF THE ISSUER. - -------------------------------------------- (a)-(b) As of December 1, December 3 and December 11, 1998, the aggregate number and percentage of the class of the subject securities, and the type of voting power attached thereto, is as follows: Nationwide Mutual Insurance Company -December 1 - 4,565,000 December 3 - 3,565,000 December 11- 2,565,000 On December 1, 1998, Nationwide Mutual Insurance Company sold 500,000 shares of Class A common stock of United States Satellite Broadcasting, Inc., at a price per share of $7.375 for a total of $3,687,377.08. On December 3, 1998, Nationwide Mutual Insurance Company sold 1,000,000 shares of Class A common stock of United States Satellite Broadcasting, Inc., at a price per share of $7.00 for a total of $6,999,766.66. On December 8, 1998, Nationwide Mutual Insurance Company sold 1,000,000 shares of Class A common stock of United States Satellite Broadcasting, Inc., at a price per share of $7.00 for a total of $6,999,766.66. (d) No person, other than Nationwide Mutual Insurance Company, is known to have the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of, such securities. (e) Inapplicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. - ------------------------------------------------------------------------------- All shareholders owning more than 1,000 shares of the old stock were required to enter into "Lock Up" Agreements, whereby the shareholders agreed not to trade their shares for a period of 181 days after the IPO became effective, or July 30, 1996. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. - ------------------------------------------ Inapplicable. (6) 7 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 accurate. December 22, 1998 NATIONWIDE MUTUAL INSURANCE COMPANY /s/ Mark W. Poeppelman ------------------------------------------------------- Mark W. Poeppelman Investment Officer (7) -----END PRIVACY-ENHANCED MESSAGE-----