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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)*
OYO GEOSPACE CORPORATION
(NAME OF ISSUER)
COMMON STOCK, $.01 PAR VALUE PER SHARE
(TITLE OF CLASS OF SECURITIES)
671074-10-2
(CUSIP NUMBER)
ROBERT H. CHANEY
R. CHANEY & PARTNERS III L.P.
909 FANNIN, SUITE 1275
TWO HOUSTON CENTER
HOUSTON, TEXAS 77010-1006
(713) 753-1315
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
DECEMBER 12, 1997
(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. [ ]
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).
Page 1 of 7
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<S> <C> <C>
CUSIP NO. 671074-10-2 SCHEDULE 13D
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(1) Names of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons
R. CHANEY & PARTNERS III L.P.
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(2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds (See Instructions) OO (See Item 3)
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(5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization R. CHANEY & PARTNERS III L.P. IS A LIMITED PARTNERSHIP
FORMED UNDER THE LAWS OF THE STATE OF DELAWARE.
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(7) Sole Voting Power 0
Number of Shares --------------------------------------------------------------------------------
Beneficially
Owned By (8) Shared Voting Power 383,000(1)
Each --------------------------------------------------------------------------------
Reporting
Person With (9) Sole Dispositive Power 0
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(10) Shared Dispositive Power 383,000(1)
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person 383,000
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(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
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(13) Percent of Class Represented by Amount in Row (11) 7.4%(2)
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(14) Type of Reporting Person (See Instructions) PN
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</TABLE>
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(1) Voting and dispositive power is shared among the Partnership, the
General Partner, and the Sole Shareholder (as defined).
(2) Based on 5,150,000 shares of Common Stock believed to be issued and
outstanding as of December 10, 1997.
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CUSIP NO. 671074-10-2 SCHEDULE 13D
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(1) Names of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons
R. CHANEY & PARTNERS, INC.
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(2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds (See Instructions) OO (See Item 3)
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(5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization R. CHANEY & PARTNERS, INC. IS A CORPORATION ORGANIZED
UNDER THE LAWS OF THE STATE OF TEXAS.
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(7) Sole Voting Power 0
Number of Shares --------------------------------------------------------------------------------
Beneficially
Owned By (8) Shared Voting Power 383,000 (1)
Each --------------------------------------------------------------------------------
Reporting
Person with (9) Sole Dispositive Power 0
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(10) Shared Dispositive Power 383,000 (1)
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person 383,000
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(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
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(13) Percent of Class Represented by Amount in Row (11) 7.4% (2)
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(14) Type of Reporting Person (See Instructions) CO
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</TABLE>
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1 Voting and dispositive power is shared among the Partnership, the
General Partner, and the Sole Shareholder (as defined).
2 Based on 5,150,000 shares of Common Stock believed to be issued and
outstanding as of December 10, 1997.
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CUSIP NO. 671074-10-2 SCHEDULE 13D
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(1) Names of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons
ROBERT H. CHANEY
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(2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X]
(b) [ ]
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(3) SEC Use Only
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(4) Source of Funds (See Instructions) OO (See Item 3)
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(5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ]
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(6) Citizenship or Place of Organization ROBERT H. CHANEY IS A CITIZEN OF THE UNITED STATES.
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Number of Shares (7) Sole Voting Power 0
Beneficially --------------------------------------------------------------------------------
Owned By (8) Shared Voting Power 383,0001(1)
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Each
Reporting (9) Sole Dispositive Power 0
Person With --------------------------------------------------------------------------------
(10) Shared Dispositive Power 383,000 (1)
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person 383,000
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(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
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(13) Percent of Class Represented by Amount in Row (11) 7.4% (2)
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(14) Type of Reporting Person (See Instructions) IN
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</TABLE>
1 Voting and dispositive power is shared among the Partnership, the
General Partner, and the Sole Shareholder (as defined).
2 Based on 5,150,000 shares of Common Stock believed to be issued and
outstanding as of December 10, 1997.
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The Schedule 13D filed by R. Chaney & Partners III L.P. (the
"Partnership"), R. Chaney and Partners, Inc. (the "General Partner") and Robert
H. Chaney (the "Sole Shareholder") with the Securities and Exchange Commission
on December 15, 1997, is hereby amended as follows:
ITEM 1. SECURITY AND ISSUER
No modification.
ITEM 2. IDENTITY AND BACKGROUND
No modification.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The Partnership purchased 80,000 shares of Common Stock of the Issuer
at a price per share of $14.00, for a total purchase price of $1,120,000 in the
initial public offering of the Issuer. The Partnership purchased 303,000
additional shares of Common Stock in open market transactions on the Nasdaq
National Market pursuant to the following schedule:
<TABLE>
<CAPTION>
Date Number of Shares Price Per Share($)
---- ---------------- ------------------
<S> <C> <C>
11/21/97 10,000 15.25
11/25/97 50,000 15.25
11/24/97 60,000 15.29
11/25/97 10,000 15.25
12/01/97 3,000 15.13
12/02/97 25,000 15.16
12/05/97 35,000 15.25
12/12/97 80,000 15.15
12/15/97 4,000 15.13
12/16/97 26,000 15.13
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The Partnership obtained the funds necessary to purchase the shares
from contributions from the General Partner and the limited partners of the
Partnership.
ITEM 4. PURPOSE OF TRANSACTION
No modification.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5(a)
The Partnership. The Partnership beneficially owns 383,000 shares of
Common Stock.
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The number of shares of Common Stock believed to be issued and outstanding as
of December 10, 1997 for purposes of this Schedule 13D/A is 5,150,000. The
Partnership is deemed to beneficially own 383,000 shares out of the 5,150,000
shares, or 7.4 percent, of the issued and outstanding shares of Common Stock.
The General Partner. The General Partner as the sole general partner
of the Partnership may be deemed to be the beneficial owner of all 383,000
shares of Common Stock beneficially owned by the Partnership that constitute
approximately 7.4 percent of the issued and outstanding shares of Common Stock.
Sole Shareholder. The Sole Shareholder of the General Partner of the
Partnership may be deemed to be the beneficial owner of all 383,000 shares of
Common Stock beneficially owned by the Partnership that constitute
approximately 7.4 percent of the issued and outstanding shares of Common
Stock.
Executive Officers and Director of the General Partner. Except as
otherwise described herein, none of the executive officers or director own any
of the Issuer's Common Stock.
Item 5(b)
The Partnership, the General Partner and the Sole Shareholder share
voting and dispositive power of these 383,000 shares.
Item 5(c)
Except as otherwise described herein, none of the entities or
individuals described in Item 2 has effected any transaction in the Common
Stock of the Issuer during this time period commencing 60 days preceding the
date of the event that required the filing of this Schedule 13D/A through the
date hereof.
Item 5(d)
No person other than the Partnership, the General Partner, or the Sole
Shareholder has the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, Common Stock of the Issuer
with respect to which this filing is made.
Item 5(e)
Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
No modification.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
No modification.
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SIGNATURES
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.
December 18, 1997
R. CHANEY & PARTNERS III L.P.
By: R. CHANEY & PARTNERS, INC., General
Partner
By: /s/ Robert H. Chaney
--------------------------------------
Robert H. Chaney,
President and Chief Executive Officer
R. CHANEY & PARTNERS, INC.
By: /s/ Robert H. Chaney
--------------------------------------
Robert H. Chaney,
President and Chief Executive Officer
/s/ Robert H. Chaney
--------------------------------------
Robert H. Chaney,
Sole Shareholder of R. Chaney & Partners, Inc.
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INDEX TO EXHIBITS
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<CAPTION>
Exhibit No. Description
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<S> <C>
10.1 Joint Reporting Agreement dated as of December 10, 1997 by and
among R. Chaney Partners III L.P., R. Chaney & Partners, Inc.,
and Robert H. Chaney (incorporated by reference to Schedule 13D
filed by the reporting persons on December 15, 1997).
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