-----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, DbM2B5Ht+rr2xsbVqBPPggUXTQGslrBlfwOFFPui9+9sW9Rmx1Nb2qcYqFhoY9uB ErR2rRgj2tWNzvFEdsJgyQ== 0000948524-03-000017.txt : 20030626 0000948524-03-000017.hdr.sgml : 20030626 20030626151309 ACCESSION NUMBER: 0000948524-03-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030625 ITEM INFORMATION: Other events FILED AS OF DATE: 20030626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEGASUS AIRCRAFT PARTNERS II L P CENTRAL INDEX KEY: 0000849870 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 841111757 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18387 FILM NUMBER: 03758504 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 3540 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4154343900 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CEENTER STREET 2: SUITE 3540 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 8-K 1 p2_8k062603.txt FORM 8-K JUNE 25, 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------ FORM 8-K ------------------ CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (date of earliest event reported): June 25, 2003 ------------------- Commission File No. 0-18387 ------------------- PEGASUS AIRCRAFT PARTNERS II, L.P. ---------------------------------- (Exact name of registrant as specified in its charter) State of Organization: Delaware IRS Employer Identification No. 84-1111757 Four Embarcadero Center, 35th Floor, San Francisco, California 94111 Telephone - (415) 434-3900 This document consists of 3 pages. Item 5. Other Events: On June 25, 2003, the Administrative General Partner of Pegasus Aircraft Partners II, L.P., (the "Partnership") determined to make a special distribution of $0.40 per $20 Unit as of August 7, 2003 to Unitholders of record as of August 1, 2003. As of July 15, 2003, the Partnership will suspend all third party transfers. The Partnership will continue to seek to sell or otherwise liquidate the Partnership's final remaining aircraft, a McDonnell Douglas DC-9, McDonnell Douglas DC-10 freighter, and a Boeing 727-200 freighter, as soon as possible. Upon the sale or liquidation of its last remaining aircraft, the Partnership will liquidate pursuant to the Partnership Agreement. At that time, the Partnership will enter into a Liquidating Trust agreement in which all Unit holders of record will hold a beneficial interest equal to their respective pro rata interest in the Partnership based on their Units held as of the date of Partnership termination. The Partnership's remaining funds will be placed in an interest-bearing escrow account and will be held to pay any remaining Partnership obligations or liabilities that may arise. It is the current intention of the General Partners, subject to no other contingencies arising, to distribute to the Unit holders the balance of any remaining Partnership funds within 12 months of the establishment of the Liquidating Trust. The General Partners will serve as the trustees of the Liquidating Trust without compensation. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PEGASUS AIRCRAFT PARTNERS II, L.P. (Registrant) By: Air Transport Leasing, Inc. Administrative General Partner June 25, 2003 By: /S/Clifford B. Wattley -------------------------- ---------------------- Clifford B. Wattley President and Director 3 -----END PRIVACY-ENHANCED MESSAGE-----