-----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, ErRPcaw/W9MZlaiya32EV/UItUUZrmR+Rutd68Yz9JOuPI0efwhDJcJ7ijEPgEvP XL0OIvxzWY6GMXslJbvE4A== 0000930413-03-000842.txt : 20030318 0000930413-03-000842.hdr.sgml : 20030318 20030318163909 ACCESSION NUMBER: 0000930413-03-000842 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030314 FILED AS OF DATE: 20030318 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PW EAGLE INC CENTRAL INDEX KEY: 0000852426 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PLASTIC PRODUCTS [3080] IRS NUMBER: 411642846 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-18050 FILM NUMBER: 03607973 BUSINESS ADDRESS: STREET 1: 222 SOUTH NINTH STREET STREET 2: SUITE 2880 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123050339 MAIL ADDRESS: STREET 1: 222 SOUTH NINTH STREET STREET 2: SUITE 2880 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER COMPANY: FORMER CONFORMED NAME: BHH INC DATE OF NAME CHANGE: 19891019 FORMER COMPANY: FORMER CONFORMED NAME: BLACK HAWK HOLDINGS INC /MN/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: EAGLE PACIFIC INDUSTRIES INC/MN DATE OF NAME CHANGE: 19950726 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN PARTNERS 23A SBIC LLC CENTRAL INDEX KEY: 0001106535 RELATIONSHIP: OTHER STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2128993400 MAIL ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: CB CAPITAL INVESTORS LLC DATE OF NAME CHANGE: 20000211 4 1 c27477.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response.........0.5 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |_| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* J.P. Morgan Partners (23A SBIC), LLC (f/k/a C.B. Capital Investors, L.P.) - -------------------------------------------------------------------------------- (Last) (First) (Middle) J.P. Morgan Partners, LLC - -------------------------------------------------------------------------------- (Street) 1221 Avenue of the Americas, 40th Floor - -------------------------------------------------------------------------------- (City) (State) (Zip) New York NY 10020 ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol PW Eagle, Inc. ("PWEI") ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year March 14, 2003 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) |_| Director |_| 10% Owner |_| Officer (give title below) |X| Other (specify below) See FN 1 below ____________________________________________________________________ ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable line) |_| Form Filed by One Reporting Person |X| Form Filed by More than One Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
5. Amount of 6. 4. Securities Owner- Securities Acquired (A) or Beneficially ship 2A. 3. Disposed of (D) Owned Form: 7. 2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of Trans- Execution Code ------------------------------- Reported (D) or Indirect 1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial Title of Security Date any ------------ or (Instr. 3 & (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
9. Number 10. of Owner- deriv- ship ative Form 2. Secur- of Conver- 5. 7. ities Deriv- 11. sion Number of Title and Amount Bene- ative Nature or Derivative 6. of Underlying 8. ficially Secur- of Exer- 3A. 4. Securities Date Securities Price Owned ity: In- cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene- 1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner- Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity yy) yy) Code V (A) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ .01 per J Common Warrants share 9/20/99 (FN2) 1,343,452 Immed 9/20/2009 Stock (FN1) (FN2) (FN1) D - ------------------------------------------------------------------------------------------------------------------------------------ 9.50 per J Common Warrants share 3/14/03 (FN2) 242,308 10/1/04 3/14/2013 Stock (FN1) (FN3) (FN1) D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: J.P. Morgan Partners (23A SBIC), LLC By /s/ Jeffrey C. Walker March 14, 2003 ----------------------------------------- ----------------------- Name: Jeffrey C. Walker Date Title: President FN1-Although the securities reported (warrants) are exercisable for 1,343,452 and 242,308 shares of Common Stock, respectively, their terms preclude the reporting person from exercising them if such exercise would cause the holdings of the reporting person and its affiliaties to exceed a regulatory threshold (currently 4.9% of a class of voting securities). Accordingly, the reporting person disclaims beneficial ownership of more than 4.9% of the voting securities of the issuer. FN2-Warrants were issued to the reporting person and other persons in connection with their acquisition of the senior subordinated notes of the Issuer ("Notes"). FN3-Warrants were issued to the reporting person and other persons in connection with their consent to an amendment of the Securities Purchase Agreement governing the Notes. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Page 2 EX-99 3 c27477_ex99.txt
- ----------------------------------------------------------------------------------------------------------------------------------- TITLE OF DERIVATIVE SECURITIES AND TITLE AND AMOUNTS OF OWNERSHIP ISSUER NAME, SECURITIES FORM: TICKER TITLE AND UNDERLYING DIRECT (D) NAME AND ADDRESS DESIGNATED STATEMENT FOR OR TRADING AMOUNTS DERIVATIVE OR OF REPORTING PERSON REPORTER(1) MONTH/YEAR SYMBOL OF SECURITY(1) SECURITIES(1) INDIRECT (I) - ----------------------------------------------------------------------------------------------------------------------------------- J.P. Morgan Partners (23A J.P. Morgan December 2000 PW Eagle, N/A See Table II I SBIC Manager), Inc. Partners (23A Inc. ("PWEI") above c/o J.P. Morgan Partners, LLC SBIC), LLC 1221 Avenue of the Americas, 40th Floor New York, NY 10020 - ----------------------------------------------------------------------------------------------------------------------------------- The Chase Manhattan Bank J.P. Morgan December 2000 PW Eagle, N/A See Table II I 270 Park Avenue, 35th Floor Partners (23A Inc. ("PWEI") above New York, NY 10017 SBIC), LLC - ----------------------------------------------------------------------------------------------------------------------------------- J.P. Morgan Chase & Co. J.P. Morgan December 2000 PW Eagle, N/A See Table II I 270 Park Avenue, 35th Floor Partners (23A Inc. ("PWEI") above New York, NY 10017 SBIC), LLC - ----------------------------------------------------------------------------------------------------------------------------------- JPMP Master Fund Manager, J.P. Morgan December 2000 PW Eagle, N/A See Table II I L.P. Partners (23A Inc. ("PWEI") above c/o J.P. Morgan Partners, LLC SBIC), LLC 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ----------------------------------------------------------------------------------------------------------------------------------- JPMP Capital Corporation J.P. Morgan December 2000 PW Eagle, N/A See Table II I c/o J.P. Morgan Partners, LLC Partners (23A Inc. ("PWEI") above 1221 Avenue of the Americas SBIC), LLC 40th Floor New York, NY 10020 - ----------------------------------------------------------------------------------------------------------------------------------- - ------------------------------ NATURE OF INDIRECT DISCLAIMS BENEFICIAL PECUNIARY OWNERSHIP(1) INTEREST - ------------------------------ See Explanatory No Note 2 below - ------------------------------ See Explanatory No Note 3 below - ------------------------------ See Explanatory No Note 4 below - ------------------------------ See Explanatory No Note 5 below - ------------------------------ See Explanatory No Note 6 below - ------------------------------
Explanatory Note: 1) The Designated Reporter is executing this report on behalf of all reporting persons, each of whom has authorized it to do so. Each of the reporting persons disclaims beneficial ownership of the securities to the extent it exceeds such person's pecuniary interests therein. 2) The amount shown in Table II represents the beneficial ownership of the Issuer's equity securities by J.P. Morgan Partners (23A SBIC), LLC ("23A SBIC"), a portion of which may be deemed attributable to the reporting person because the reporting person is the managing member of 23A SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the reporting person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within 23A SBIC. 3) The amount shown in Table II represents the beneficial ownership of the Issuer's equity securities by 23A SBIC, a portion of which may be deemed attributable to the reporting person because it is the sole stockholder of the managing member of 23A SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the reporting person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within 23A SBIC. 4) The amount shown in Table II represents the beneficial ownership of the Issuer's equity securities by 23A SBIC, a portion of which may be deemed attributable to the reporting person because it is (i) the sole stockholder of The Chase Manhattan Bank, which is the sole stockholder of the Managing Member of 23A SBIC, and (ii) the sole stockholder of JPMP Capital Corporation, the general partner of the non-managing member of 23A SBIC. The actual pro rata portion of such beneficial ownership that may be attributable to the reporting person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within 23A SBIC. 5) The amount shown in Table II represents the beneficial ownership of the Issuer's equity securities by 23A SBIC, a portion of which may be deemed attributable to the reporting person, because it is the non-managing member of 23A SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the reporting person is not readily determinable because it is subject to several variables, including the rate of return and vesting within 23A SBIC. 6) The amount shown in Table II represents the beneficial ownership of the Issuer's equity securities by 23A SBIC, a portion of which may be deemed attributable to the reporting person, because it is the general partner of JPMP Master Fund Manager, L.P., the non-managing member of 23A SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the reporting person is not readily determinable because it is subject to several variables, including the rate of return and vesting within 23A SBIC. -----END PRIVACY-ENHANCED MESSAGE-----