-----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, QvGrfMuYSOUmTJJuoSSEMK0GkxGMsfJBgelO/Qqw6K5ck7paQ26wEHa06aqG3s++ z7s+zmU6qwfpb+LxBwyCWw== 0000905718-98-000254.txt : 19980520 0000905718-98-000254.hdr.sgml : 19980520 ACCESSION NUMBER: 0000905718-98-000254 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980519 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED AUTO GROUP INC CENTRAL INDEX KEY: 0001019849 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 223086739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-49667 FILM NUMBER: 98628179 BUSINESS ADDRESS: STREET 1: 375 PARK AVE STREET 2: 22ND FL CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 2122233300 MAIL ADDRESS: STREET 1: 375 PARK AVENUE STREET 2: 22ND FL CITY: NEW YORK STATE: NY ZIP: 10152 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FEINBERG STEPHEN CENTRAL INDEX KEY: 0000947822 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 450 PARK AVE STREET 2: 28TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128912120 MAIL ADDRESS: STREET 1: 450 PARK AVE STREET 2: 28TH FL CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE l3D Under the Securities Exchange Act of 1934 (Amendment No. 1)* UNITED AUTO GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Voting Common Stock, par value $.0001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 909440109 - -------------------------------------------------------------------------------- (CUSIP Number) with a copy to: Stephen Feinberg Robert G. Minion, Esq. 450 Park Avenue Lowenstein Sandler PC 28th Floor 65 Livingston Avenue New York, New York 10022 Roseland, New Jersey 07068 (212) 421-2600 (973) 597-2424 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) April 27, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule l3G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7(b) 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). - -------------------------------------------------------------------------------- 1) Names of Reporting Persons-I.R.S. Identification Nos. of Above Persons (entities only): Stephen Feinberg - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions): (a) Not (b) Applicable - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Source of Funds (See Instructions): WC - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): Not Applicable - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization: United States - -------------------------------------------------------------------------------- Number of 7) Sole Voting Power: * Shares Beneficially 8) Shared Voting Power: * Owned by Each Reporting 9) Sole Dispositive Power: * Person With: 10) Shared Dispositive Power: * - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 288,800* - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): Not Applicable - -------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11): 1.5%* - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions): IA, IN - -------------------------------------------------------------------------------- * 63,000 shares (0.3%) of United Auto Group, Inc. voting common stock are owned by Cerberus Partners, L.P., a limited partnership organized under the laws of Delaware ("Cerberus"). 132,900 shares (0.7%) of United Auto Group, Inc. voting common stock are owned by Cerberus International, Ltd., a corporation organized under the laws of the Bahamas ("International"). 11,300 shares (0.1%) of United Auto Group, Inc. voting common stock are owned by Ultra Cerberus Fund, Ltd., a corporation organized under the laws of the Bahamas ("Ultra"). Stephen Feinberg possesses sole voting and investment control over all securities of United Auto Group, Inc. owned by Cerberus, International and Ultra. In addition, 81,600 shares (0.4%) of United Auto Group, Inc. voting common stock are owned by various other persons and entities for which Stephen Feinberg possess certain investment authority. See Item 5 for further information. Item 5. Interest in Securities of the Issuer. Based upon information set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1997, as of March 24, 1998 there were issued and outstanding 19,178,180 shares of voting common stock of the Company. As of April 27, 1998, Cerberus owned 63,000 of such shares, or 0.3% of those outstanding; International owned 132,900 of such shares, or 0.7% of those outstanding; Ultra owned 11,300 of such shares, or 0.1% of those outstanding, and the Funds in the aggregate owned 81,600 of such shares, or 0.4% of those outstanding. Stephen Feinberg possesses sole (i) power to vote and direct the disposition of all shares of voting common stock of the Company owned by each of Cerberus, International and Ultra and (ii) power to direct the disposition of the shares of voting common stock of the Company owned by the Funds. The following table sets forth the transactions by each of Cerberus, International, Ultra and the Funds in shares of voting common stock of the Company during the past sixty days, each of which were effected in an ordinary broker's transaction. Cerberus Partners, L.P. Date Quantity Price (Purchases) NONE (Sales) February 27, 1998 9,800 $16.40 April 27, 1998 110,000 16.81 Cerberus International, Ltd. Date Quantity Price (Purchases) NONE (Sales) February 27, 1998 21,000 $16.40 April 27, 1998 230,000 16.81 Ultra Cerberus Fund, Ltd. Date Quantity Price (Purchases) NONE (Sales) February 27, 1998 1,800 $16.40 April 27, 1998 20,000 16.81 The Funds Date Quantity Price (Purchases) NONE (Sales) February 27, 1998 12,800 $16.40 April 27, 1998 140,000 16.81 Stephen Feinberg ceased to be the beneficial owner of more than five percent of the voting common stock of the Company on April 27, 1998. Signature After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. May 15, 1998 /s/ Stephen Feinberg Stephen Feinberg, in his capacity as the managing member of Cerberus Associates, L.L.C., the general partner of Cerberus Partners, L.P., and as the investment manager for each of Cerberus International, Ltd., Ultra Cerberus Fund, Ltd. and the Funds ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----