SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
Amendment No. 2
to
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GT Interactive Software Corp.
-----------------------------
(Name of Issuer)
Common Stock, $.01 par value
------------------------------
(Title of Class of Securities)
36236E 10 9
--------------
(CUSIP Number)
-----------
Page 1 of 23 Pages
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 2 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph Cayre
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
5,350,000
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 5,350,000
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,350,000
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
-2-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 3 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph Cayre Grantor Retained Annuity Trust
u/a/d 12/10/95, Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
75,244
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 75,244
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,244
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-3-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 4 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph J. Cayre 1997 Grantor Retained Annuity Trust
u/a/d 5/1/97, Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
344,756
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 344,756
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
344,756
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.5%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-4-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 5 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,625,000
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,625,000
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,625,000
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.4%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-5-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 6 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,625,000
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,625,000
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,625,000
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.4%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-6-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 7 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Daniel Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,625,000
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,625,000
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,625,000
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.4%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-7-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 8 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grace E. Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,625,000
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,625,000
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,625,000
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.4%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-8-
<PAGE>
Amendment No. 2 to SCHEDULE 13G
CUSIP No. 36236E 10 9 Page 9 of 23 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Joseph and Trina Cayre Foundation Inc.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5) SOLE VOTING POWER
1,759,388
NUMBER -------------------------------------------------
OF 6) SHARED VOTING POWER
SHARES Not Applicable
BENEFICIALLY -------------------------------------------------
OWNED BY 7) SOLE DISPOSITIVE POWER
EACH 1,759,388
REPORTING -------------------------------------------------
PERSON 8) SHARED DISPOSITIVE POWER
WITH Not Applicable
- --------------------------------------------------------------------------------
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,759,388
- --------------------------------------------------------------------------------
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
- --------------------------------------------------------------------------------
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.6%
- --------------------------------------------------------------------------------
12) TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
-9-
<PAGE>
Item 1(a). Name of Issuer:
GT Interactive Software Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
417 Fifth Avenue, New York, NY 10016
Item 2(a). Name of Person Filing:
Joseph Cayre
Joseph Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Trina
Cayre, Trustee
Joseph J. Cayre 1997 Grantor Retained Annuity Trust u/a/d 5/1/97,
Trina Cayre, Trustee
Michael Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina
Cayre, Trustee
Steven Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina
Cayre, Trustee
Daniel Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina Cayre,
Trustee
Grace E. Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina
Cayre, Trustee
The Joseph and Trina Cayre Foundation Inc.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The principal business office of each of Joseph Cayre, Joseph Cayre
Grantor Retained Annuity Trust, Joseph J. Cayre 1997 Grantor Retained Annuity
Trust, Michael Cayre Irrevocable Grantor Trust, Steven Cayre Irrevocable Grantor
Trust, Daniel Cayre Irrevocable Grantor Trust, Grace E. Cayre Irrevocable
Grantor Trust and The Joseph and Trina Cayre Foundation Inc. is c/o 417 Fifth
Avenue, New York, NY 10016.
Item 2(c). Citizenship:
Joseph Cayre: United States of America
Joseph Cayre Grantor Retained Annuity Trust u/a/d 12/10/95,
Trina Cayre, Trustee: New York
Joseph J. Cayre 1997 Grantor Retained Annuity Trust u/a/d 5/1/97,
Trina Cayre, Trustee: New York
Michael Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee: New York
Steven Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee: New York
Daniel Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee: New York
Grace E. Cayre Irrevocable Grantor Trust u/a/d 2/22/95,
Trina Cayre, Trustee: New York
-10-
<PAGE>
The Joseph and Trina Cayre Foundation Inc.: Delaware
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value (the "Common Stock")
Item 2(e). CUSIP Number:
36236E 10 9
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
Not applicable
Item 4. Ownership.
Joseph Cayre:
(a) Amount beneficially owned: 5,350,000 shares
(b) percent of class: 7.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
5,350,000
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 5,350,000
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Joseph Cayre Grantor Retained Annuity Trust u/a/d 12/10/95, Trina Cayre,
Trustee:
(a) Amount beneficially owned: 75,244 shares
(b) percent of class: 0.1%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
75,244
(ii) Shared power to vote or to direct the
vote Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 75,244
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Joseph J. Cayre 1997 Grantor Retained Annuity Trust u/a/d 5/1/97, Trina Cayre,
Trustee:
(a) Amount beneficially owned: 344,756 shares
(b) percent of class: 0.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
344,756
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 344,756
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
-11-
<PAGE>
Michael Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina Cayre, Trustee:
(a) Amount beneficially owned: 1,625,000 shares
(b) percent of class: 2.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
1,625,000
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 1,625,000
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Steven Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina Cayre, Trustee:
(a) Amount beneficially owned: 1,625,000 shares
(b) percent of class: 2.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
1,625,000
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 1,625,000
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Daniel Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina Cayre, Trustee:
(a) Amount beneficially owned: 1,625,000 shares
(b) percent of class: 2.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
1,625,000
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 1,625,000
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Grace E. Cayre Irrevocable Grantor Trust u/a/d 2/22/95, Trina Cayre, Trustee:
(a) Amount beneficially owned: 1,625,000 shares
(b) percent of class: 2.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
1,625,000
(ii) Shared power to vote or to direct the vote
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of 1,625,000
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
The Joseph and Trina Cayre Foundation Inc.:
(a) Amount beneficially owned: 344,756 shares
(b) percent of class: 0.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
344,756
(ii) Shared power to vote or to direct the vote
Not Applicable
-12-
<PAGE>
(iii) Sole power to dispose or to direct the
disposition of 344,756
(iv) Shared power to dispose or to direct the
disposition of Not Applicable
Joseph Cayre is the beneficiary of the reporting Grantor Retained
Annuity Trusts (collectively, the "GRATs"). The beneficiaries of the reporting
Irrevocable Grantor Trusts (together with the GRATs, the "Trusts") are children
of Joseph and Trina Cayre. Trina Cayre, the wife of Joseph Cayre, is the trustee
of the Trusts. The Joseph and Trina Cayre Foundation Inc. (the "Foundation") is
a charitable foundation whose sole trustees are Joseph and Trina Cayre. The
filing of this Schedule 13G shall not be construed as an admission that Joseph
Cayre is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange
Act of 1934, as amended, or otherwise, the beneficial owner of any of the Common
Stock held by the Irrevocable Grantor Trusts or the Foundation.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
See Exhibit 1, Agreement of joint filing pursuant to Rule 13d(1)-f
promulgated under the Securities Exchange Act of 1934.
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
Not applicable
-13-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
/s/ Joseph Cayre
------------------------------------
Joseph Cayre
-14-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Joseph Cayre Grantor Retained Annuity
Trust u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-15-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Joseph J. Cayre 1997 Grantor Retained Annuity
Trust u/a/d 5/1/97, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-16-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Michael Cayre Irrevocable Grantor Trust u/a/d
2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-17-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Steven Cayre Irrevocable Grantor Trust u/a/d
2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-18-
<PAGE>
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Daniel Cayre Irrevocable Grantor Trust u/a/d
2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-19-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
Grace E. Cayre Irrevocable Grantor Trust u/a/d
2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-20-
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: February 17, 1998
The Joseph and Trina Cayre Foundation Inc.
By: /s/ Trina Cayre
--------------------------------------
Trina Cayre
Title: Trustee
-21-
<PAGE>
EXHIBIT 1
---------
AGREEMENT OF JOINT FILING
Pursuant to Rule 13d-1(f) promulgated under the Securities Exchange Act
of 1934, as amended, the undersigned persons hereby agree to file with the
Securities and Exchange Commission the Statement on Schedule 13G (the
"Statement") to which this Agreement is attached as an exhibit, and agree that
such Statement, as so filed, is filed on behalf of each of them.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
February 17, 1998.
/s/ Joseph Cayre
------------------------------------------
Joseph Cayre
Joseph Cayre Grantor Retained Annuity Trust
u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
-------------------------------------
Trina Cayre
Title: Trustee
Joseph J. Cayre 1997 Grantor Retained Annuity Trust
u/a/d 5/1/97, Trina Cayre, Trustee
By: /s/ Trina Cayre
------------------------------------
Trina Cayre
Title: Trustee
Michael Cayre Irrevocable Grantor Trust
u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
-------------------------------------
Trina Cayre
Title: Trustee
Steven Cayre Irrevocable Grantor Trust
u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
------------------------------------
Trina Cayre
Title: Trustee
Daniel Cayre Irrevocable Grantor Trust
u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
------------------------------------
Trina Cayre
Title: Trustee
<PAGE>
Grace E. Cayre Irrevocable Grantor Trust
u/a/d 2/22/95, Trina Cayre, Trustee
By: /s/ Trina Cayre
-------------------------------
Trina Cayre
Title: Trustee
The Joseph and Trina Cayre Foundation Inc.
By: /s/ Trina Cayre
-------------------------------
Trina Cayre
Title: Trustee
-23-
