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Previous: E TRADE GROUP INC, 10-Q, 1999-02-16 |
Next: CHECK POINT SOFTWARE TECHNOLOGIES LTD, SC 13G/A, 1999-02-16 |
<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------
SCHEDULE 13G
(Amendment No. 1)
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) and
(c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b).
Royal Precision, Inc.
-----------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.001 per share
-----------------------------------------------------------------------------
(Title of Class of Securities)
780921-10-2
-----------------------------------------------------------------------------
(CUSIP Number)
-------------------------
<PAGE> 2
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 2 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Christopher A. Johnston |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 1,286,313 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 1,286,313 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,286,313 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 22.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 3 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Berenson Minella Investment Partnership, L.P. No. VI |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 1,231,741 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,231,741 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | PN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 4 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Berenson, Minella & Company, L.P. |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,231,741 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | PN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 5 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Berenson Corp. |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 1,231,741 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,231,741 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | CO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 6 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Minella Corp. |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 1,231,741 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,231,741 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | CO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 7 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Raymond J. Minella |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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 of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 1,231,741 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,240,091 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.9% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 8 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Jeffery L. Berenson |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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 of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 1,231,741 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 1,231,741 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 1,231,741 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 21.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
<TABLE>
- ----------------------- -------------------
CUSIP NO. 780921-10-2 13G Page 9 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Richard P. Johnston |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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 of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 646,309 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 646,309 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 671,361 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 11.8% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 10
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 10 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Jayne Johnston |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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 of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 646,309 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 646,309 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 671,361 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 11.8% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 11
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 11 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: RPJ/JAJ Partners, Ltd. |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Wyoming, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 0 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 0 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 0 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 0 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 0 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 0% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | PN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 12
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 12 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Johnston Family Charitable Remainder Trust #3 |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Wyoming |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 646,309 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 646,309 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 646,309 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 11.4% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | OO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 13
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 13 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Danny Edwards |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 526,502 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 526,502 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 582,385 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 10.2% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 14
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 14 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Kenneth J. Warren |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 334,031 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 334,031 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 349,354 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 6.2% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 15
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 15 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: David E. Johnston |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 208,769 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 208,769 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 219,875 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.9% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 16
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 16 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Bennett Dorrance, Trustee of the Bennett Dorrance Trust dated |
| | April 21, 1989 |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 209,632 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 2,247 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 207,385 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 209,632 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | OO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 17
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 17 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Bennett Dorrance |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 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 of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 209,632 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 209,632 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 209,632 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 18
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 18 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Drew M. Brown |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 207,779 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 394 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 207,385 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 207,779 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.9% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 19
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 19 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: Mark N. Sklar |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 207,779 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 394 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 207,385 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 207,779 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 20
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 20 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: DMB GP, Inc. |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] |
| | |
| | (b) [X] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Arizona, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 207,385 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 207,385 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 207,385 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | CO |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 21
<TABLE>
- ----------------------- --------------------
CUSIP NO. 780921-10-2 13G Page 20 of 35 Pages
- ----------------------- --------------------
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON: DMB Property Ventures Limited Partnership |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | |
| | (b) [_] |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Delaware, United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 207,385 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 207,385 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | | |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 207,385 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] |
| | |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9) |
| | |
| | 3.7% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | PN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 22
ITEM 1(a). NAME OF ISSUER:
Royal Precision, Inc.
================================================================================
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
15170 North Hayden Road, Suite 1
Scottsdale, Arizona 85260
================================================================================
ITEM 2(a). NAME OF PERSON FILING:
On May 12, 1997, Danny Edwards, Drew M. Brown, DMB
Property Ventures Limited Partnership, the general
partner of which is DMB GP, Inc. (the shareholders of
DMB GP, Inc. are Drew M. Brown, Mark N. Sklar and the
Bennett Dorrance Trust dated April 21, 1989), Mark N.
Sklar and Bennett Dorrance, Trustee of the Bennett
Dorrance Trust dated April 21, 1989 (the "Edwards
Parties") and Christopher A. Johnston, RPJ/JAJ
Partners, Ltd., the general partners of which are
Richard P. Johnston and Jayne Johnston, David E.
Johnston, Berenson Minella & Company, L.P., the
general partners of which are Berenson Corp., an S
corporation owned by Jeffrey L. Berenson, and Minella
Corp., an S corporation owned by Raymond J. Minella,
and Kenneth J. Warren (the "Johnston Parties")
entered into a stockholder agreement (the
"Stockholder Agreement") whereby the parties agreed
that the Royal Precision, Inc. ("RP") board of
directors shall be composed of nine members, three of
which will be elected by the Edwards Parties and six
of which will be elected by the Johnston parties.
Berenson Minella & Company, L.P. is the sole general
partner of Berenson Minella Investment Partnership,
L.P. No. VI. Pursuant to the Berenson Minella
Investment Partnership, L.P. No. VI partnership
agreement, the RP common shares registered in the
name of Berenson Minella & Company, L.P. have been
contributed to Berenson Minella Investment
Partnership, L.P. No. VI.
Richard P. Johnston and Jayne A. Johnston transferred
626,309 of common shares of RP from RPJ/JAJ Partners,
Ltd. to the Johnston Family Charitable Remainder
Trust #3 ("Johnston Trust #3") after the date of the
Stockholder Agreement. The trustees of the Johnston
Trust #3 are Richard P. Johnston and Jayne Johnston.
The Stockholder Agreement was amended to remove
Christopher A. Johnston as a party to the Stockholder
Agreement and to allow parties to the Stockholder
Agreement to enter into voting agreements to vote in
favor of the adoption and approval of an Agreement
and Plan of Merger providing for the merger of RP
Acquisition Corp. with and into RP. Christopher A.
Johnston is filing solely to terminate his Schedule
13G and is no longer a party to the Group. Group
totals contained in this Schedule 13G do not include
Christopher A. Johnston's common shares of RP.
This Schedule 13G is filed by all of the current
parties to the Stockholder Agreement as a Group, by
the parties to the Stockholder Agreement individually
and by Christopher A. Johnston individually.
================================================================================
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
Group Address:
Richard P. Johnston
9651 North Pusch Ridge Place
Tucson, Arizona 85737
22 of 35 Pages
<PAGE> 23
Copy to:
Kenneth J. Warren
5920 Cromdale Drive, Suite 1
Dublin, Ohio 43017
Christopher A. Johnston
Merbanco Incorporated
3490 Clubhouse Drive
Jackson Hole, Wyoming 83001
Berenson Minella Investment Partnership, L.P. No. VI
667 Madison Avenue
New York, New York 10021
Berenson, Minella & Company, L.P.
667 Madison Avenue
New York, New York 10021
Berenson Corp.
667 Madison Avenue
New York, New York 10021
Minella Corp.
667 Madison Avenue
New York, New York 10021
Raymond J. Minella
667 Madison Avenue
New York, New York 10021
Jeffrey L. Berenson
667 Madison Avenue
New York, New York 10021
Richard P. Johnston
9651 North Pusch Ridge Place
Tucson, Arizona 85737
Jayne Johnston
9651 North Pusch Ridge Place
Tucson, Arizona 85737
RPJ/JAJ Partners, Ltd.
9651 North Pusch Ridge Place
Tucson, Arizona 85737
Johnston Family Charitable Remainder Trust #3
9651 North Pusch Ridge Place
Tucson, Arizona 85737
Danny Edwards
6724 North Whispering Hills Road
Paradise Valley, Arizona 85253
23 of 35 Pages
<PAGE> 24
Kenneth J. Warren
5920 Cromdale Drive, Suite 1
Dublin, Ohio 43017
David E. Johnston
1935 West Muirfield Loop
Tucson, Arizona 85737
Bennett Dorrance, Trustee of the Bennett Dorrance
Trust dated April 21, 1989
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
Bennett Dorrance
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
Drew M. Brown
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
Mark N. Sklar
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
DMB Property Ventures Limited Partnership
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
DMB GP, Inc.
4201 North 24th Street, Suite 120
Phoenix, Arizona 85016
================================================================================
ITEM 2(C). Citizenship:
Christopher A. Johnston, Raymond J. Minella, Jeffrey
L. Berenson, Richard P. Johnston, Jayne Johnston,
Danny Edwards, Kenneth J. Warren, David E. Johnston,
Bennett Dorrance, Drew M. Brown and Mark N. Sklar are
citizens of the United States of America.
Berenson Minella Investment Partnership, L.P. No. VI
and Berenson, Minella & Company, L.P. are New York
limited partnerships.
RPJ/JAJ Partners, Ltd. is a Wyoming partnership.
Berenson Corp. and Minella Corp. are Delaware
corporations.
DMB Property Ventures Limited Partnership is a
Delaware limited partnership.
DMB GP, Inc. is an Arizona corporation.
Johnston Family Charitable Remainder Trust #3 is
governed by the laws of the State of Wyoming.
================================================================================
24 of 35 Pages
<PAGE> 25
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.001 per share
ITEM 2(e). CUSIP NUMBER:
780921-10-2
================================================================================
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)
(a) Broker or dealer registered under Section 15
of the Act,
(b) Bank as defined in Section 3(a)(6) of the
Act,
(c) Insurance Company as defined in Section
3(a)(19) of the Act,
(d) Investment Company registered under Section
8 of the Investment Company Act,
(e) Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940,
(f) Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see
13d-1(b)(1)(ii)(F),
(g) Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G); see Item 7,
(h) Group, in accordance with Rule
13d-1(b)(1)(ii)(H).
================================================================================
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
Group: 3,273,486 common shares including 115,714
common shares subject to options exercisable within
60 days.
Christopher A. Johnston: 1,286,313 common shares.
Berenson Minella Investment Partnership, L.P. No. VI:
1,231,741 common shares. Berenson Minella Investment
Partnership, L.P. No. VI ("Partnership VI") is not a
party to the Stockholder Agreement. Berenson Minella
& Company, L.P., the sole general partner of
Partnership VI, is a party to the Stockholder
Agreement and the registered owner of the 1,231,741
shares being reported by Partnership VI on this
Schedule 13G. Pursuant to Partnership VI's
partnership agreement, the shares owned by Berenson
Minella & Company, L.P. were contributed to
Partnership VI. Partnership VI expressly declares
that its filing of this Schedule 13G shall not be
construed as an admission that it is, for the
purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities covered by this
Schedule 13G.
Berenson, Minella & Company, L.P.: 1,231,741 common
shares.
25 of 35 Pages
<PAGE> 26
Berenson Corp.: 1,231,741 common shares. Berenson
Corp. is a general partner of Berenson Minella &
Company, L.P. which is a party to the Stockholder
Agreement by which the group was formed. The common
shares which Berenson Corp. is reporting on this
Schedule 13G are owned directly by the partnership.
Berenson Corp. expressly declares that its filing of
this Schedule 13G shall not be construed as an
admission that it is, for the purposes of Section
13(d) or 13(g) of the Act, the beneficial owner of
any of the securities covered by this Schedule 13G.
Minella Corp.: 1,231,741 common shares. Minella Corp.
is a general partner of Berenson Minella & Company,
L.P. which is a party to the Stockholder Agreement by
which the group was formed. The common shares which
Minella Corp. is reporting on this Schedule 13G are
owned directly by the partnership. Minella Corp.
expressly declares that its filing of this Schedule
13G shall not be construed as an admission that it
is, for the purposes of Section 13(d) or 13(g) of the
Act, the beneficial owner of any of the securities
covered by this Schedule 13G.
Jeffrey L. Berenson: 1,231,741 common shares. Mr.
Berenson is a shareholder of Berenson Corp. which is
a general partner of Berenson Minella & Company, L.P.
The partnership is a party to the Stockholder
Agreement by which the group was formed. The common
shares which Mr. Berenson is reporting on this
Schedule 13G are owned directly by the partnership.
Mr. Berenson expressly declares that his filing of
this Schedule 13G shall not be construed as an
admission that he is, for the purposes of Section
13(d) or 13(g) of the Act, the beneficial owner of
any of the securities covered by this Schedule 13G.
Raymond J. Minella: 1,240,091 common shares including
8,350 common shares subject to options exercisable
within 60 days. Mr. Minella is a shareholder of
Minella Corp. which is a general partner of Berenson,
Minella & Company, L.P. The partnership is a party to
the Stockholder Agreement by which the group was
formed. 1,231,741 of the common shares which Mr.
Minella is reporting on this Schedule 13G are owned
directly by the partnership. Mr. Minella expressly
declares that his filing of this Schedule 13G shall
not be construed as an admission that he is, for the
purposes of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934 (the "Act"), the beneficial
owner of any securities covered by this Schedule 13G
except for 8,350 common shares subject to options
exercisable in 60 days which Mr. Minella owns
directly.
Richard P. Johnston: 671,361 common shares including
25,052 common shares subject to options exercisable
within 60 days. Mr. Johnston is a trustee of the
Johnston Trust #3. Mr. Johnston is reporting 646,309
common shares of RP which are directly owned by the
Johnston Trust #3. Mr. Johnston expressly declares
that his filing of this Schedule 13G shall not be
construed as an admission that he is, for the
purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities covered by the
Schedule 13G except for 25,052 common shares subject
to options exercisable within 60 days which are owned
directly by Mr. Johnston.
Jayne Johnston: 671,361 common shares including
25,052 common shares subject to options exercisable
within 60 days. Mrs. Johnston is the spouse of
Richard P. Johnston and a trustee of the Johnston
Trust #3. Mrs. Johnston is reporting 25,052 common
shares which are subject to options exercisable
within 60 days which are owned directly by Mr.
Johnston and 646,309 shares owned directly by the
Johnston Trust #3. Mrs. Johnston expressly declares
that her filing of this Schedule 13G shall not be
construed as an admission that she is, for the
purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities covered by this
Schedule 13G.
RPJ/JAJ Partners, Ltd.: 0 common shares.
26 of 35 Pages
<PAGE> 27
Johnston Family Charitable Remainder Trust #3:
646,309 common shares
Danny Edwards: 582,385 common shares including 55,883
common shares subject to options exercisable within
60 days.
Kenneth J. Warren: 349,354 common shares including
15,323 common shares subject to options exercisable
within 60 days.
David E. Johnston: 219,875 common shares including
11,106 common shares subject to options exercisable
within 60 days.
Bennett Dorrance, Trustee of the Bennett Dorrance
Trust dated April 21, 1989: 209,632 common shares.
The trust is a shareholder of DMB GP, Inc. which is
the sole general partner of DMB Property Ventures
Limited Partnership. 207,385 of the common shares the
trust is reporting on this Schedule 13G are owned
directly by the partnership. The trust expressly
declares that its filing of this Schedule 13G shall
not be construed as an admission that it is, for the
purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities covered by this
Schedule 13G except for 2,247 common shares held
directly by the trust.
Bennett Dorrance: 209,632 common shares. Mr. Dorrance
is the trustee of the Bennett Dorrance Trust dated
April 21, 1989 which is a shareholder of DMB GP, Inc.
DMB GP, Inc. is the sole general partner of DMB
Property Ventures Limited Partnership. Both the trust
and the partnership are parties to the Stockholder
Agreement by which the group was formed. The common
shares which Mr. Dorrance is reporting on this
Schedule 13G are held directly by the trust and the
partnership and Mr. Dorrance expressly declares that
his filing of this Schedule 13G shall not be
construed as an admission that he is, for the
purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities covered by the
Schedule 13G.
Drew M. Brown, 207,779 common shares. Mr. Brown is a
shareholder of DMB GP, Inc. which is the sole general
partner of DMB Property Ventures Limited Partnership.
207,385 of the common shares Mr. Brown is reporting
on this Schedule 13G are owned directly by the
partnership. Mr. Brown expressly declares that his
filing of this Schedule 13G shall not be construed as
an admission that he is, for the purposes of Section
13(d) or 13(g) of the Act, the beneficial owner of
any securities covered by this Schedule 13G except
for 394 common shares owned directly by Mr. Brown.
Mark N. Sklar: 207,779 common shares. Mr. Sklar is a
shareholder of DMB GP, Inc. which is the sole general
partner of DMB Property Ventures Limited Partnership.
207,385 of the common shares Mr. Sklar is reporting
on this Schedule 13G are owned directly by the
partnership. Mr. Sklar expressly declares that his
filing of this Schedule 13G shall not be construed as
an admission that he is, for the purposes of Section
13(d) or 13(g) of the Act, the beneficial owner of
any securities covered by this Schedule 13G except
for 394 common shares owned directly by Mr. Sklar.
DMB Property Ventures Limited Partnership: 207,385
common shares.
DMB GP, Inc.: 207,385 common shares. DMB GP, Inc. is
the sole general partner of DMB Property Ventures
Limited Partnership. The common shares which DMB GP,
Inc. is reporting on this Schedule 13G are held
directly by the partnership and DMB GP, Inc.
expressly declares that its filing of this Schedule
13G shall not be construed as an admission that it
is, for the purposes of Section 13(d) or 13(g) of the
Act, the beneficial owner of any securities covered
by the Schedule 13G.
27 of 35 Pages
<PAGE> 28
(b) Percent of Class:
Group: 56.6%
Christopher A. Johnston: 22.7%
Berenson Minella Investment Partnership, L.P. No. VI:
21.7%
Berenson, Minella & Company, L.P.: 21.7%
Berenson Corp.: 21.7%
Minella Corp.: 21.7%
Raymond J. Minella: 21.9%
Jeffrey L. Berenson: 21.7%
Richard P. Johnston: 11.8%
Jayne Johnston: 11.8%
RPJ/JAJ Partners, Ltd.: 0%
Johnston Family Charitable Remainder Trust #3: 11.4%
Danny Edwards: 10.2%
Kenneth J. Warren: 6.2%
David E. Johnston: 3.9%
Bennett Dorrance, Trustee of the Bennett Dorrance
Trust dated April 21, 1989: 3.7%
Bennett Dorrance: 3.8%
Drew M. Brown: 3.7%
Mark N. Sklar: 3.7%
DMB GP, Inc.: 3.7%
DMB Property Ventures Limited Partnership: 3.7%
(c) Number of Shares as to which such person has:
Group:
(i) sole power to vote or to direct the vote:
3,157,772
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 3,157,772
(iv) shared power to dispose of or direct the
disposition of: 0
Christopher A. Johnston:
(i) sole power to vote or to direct the vote:
1,286,313
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 1,286,313
(iv) shared power to dispose of or direct the
disposition of: 0
Berenson, Minella Investment Partnership, L.P. No.
VI:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 1,231,741
28 of 35 Pages
<PAGE> 29
Berenson, Minella & Company, L.P.:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 1,231,741
(iv) shared power to dispose of or direct the
disposition of: 0
Berenson Corp.:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 1,231,741
Minella Corp.:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 1,231,741
Raymond J. Minella:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 1,231,741
Jeffrey L. Berenson:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
1,231,741
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 1,231,741
29 of 35 Pages
<PAGE> 30
Richard P. Johnston:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
646,309
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 646,309
Jayne Johnston:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
646,309
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 646,309
RPJ/JAJ Partners, Ltd.:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 0
Johnston Family Charitable Remainder Trust #3:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
646,309
(iii) sole power to dispose or to direct the
disposition of: 646,309
(iv) shared power to dispose of or direct the
disposition of: 0
Danny Edwards:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
526,502
(iii) sole power to dispose or to direct the
disposition of: 526,502
(iv) shared power to dispose of or direct the
disposition of: 0
30 of 35 Pages
<PAGE> 31
Kenneth J. Warren:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
334,031
(iii) sole power to dispose or to direct the
disposition of: 334,031
(iv) shared power to dispose of or direct the
disposition of: 0
David E. Johnston:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
208,769
(iii) sole power to dispose or to direct the
disposition of: 208,769
(iv) shared power to dispose of or direct the
disposition of: 0
Bennett Dorrance, Trustee of the Bennett Dorrance
Trust dated April 21, 1989:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
209,632
(iii) sole power to dispose or to direct the
disposition of: 2,247
(iv) shared power to dispose of or direct the
disposition of: 207,385
Bennett Dorrance:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
209,632
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose of or direct the
disposition of: 209,632
Drew M. Brown:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
207,779
(iii) sole power to dispose or to direct the
disposition of: 394
(iv) shared power to dispose of or direct the
disposition of: 207,385
31 of 35 Pages
<PAGE> 32
Mark Sklar:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
207,779
(iii) sole power to dispose or to direct the
disposition of: 394
(iv) shared power to dispose of or direct the
disposition of: 207,385
DMB GP, Inc.
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
207,385
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose or direct the
disposition of: 207,385
DMB Property Ventures Limited Partnership:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote:
207,385
(iii) sole power to dispose or to direct the
disposition of: 207,385
(iv) shared power to dispose of or direct the
disposition of: 0
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. INDEMNIFICATION 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 response to Item 2(a).
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
32 of 35 Pages
<PAGE> 33
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.
<TABLE>
<S> <C>
BERENSON, MINELLA & COMPANY, L.P. RPJ/JAJ PARTNERS, LTD.
By: /s/ Gregg Feinstein By: /s/ Richard P. Johnston
-------------------------------------------- --------------------------------------------
Gregg Feinstein, Authorized Signer Richard P. Johnston, General Partner
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
DMB PROPERTY VENTURES LIMITED DMB GP, INC.
PARTNERSHIP
DMB GP, INC., general partner
By: /s/ Timothy A. Kaehr By: /s/ Timothy A. Kaehr
-------------------------------------------- --------------------------------------------
Title: Executive Vice President Title: Executive Vice President
----------------------------------------- -----------------------------------------
Dated: 2/12/99 Dated: 2/12/99
----------------------------------------- -----------------------------------------
/s/ Christopher A. Johnston /s/ Raymond J. Minella
- ----------------------------------------------- -----------------------------------------------
Christopher A. Johnston Raymond J. Minella
Dated: 2/10/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Jeffrey L. Berenson /s/ Richard P. Johnston
- ----------------------------------------------- -----------------------------------------------
Jeffrey L. Berenson Richard P. Johnston
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Jayne Johnston /s/ Danny Edwards
- ----------------------------------------------- -----------------------------------------------
Jayne Johnston Danny Edwards
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Kenneth J. Warren /s/ David E. Johnston
- ----------------------------------------------- -----------------------------------------------
Kenneth J. Warren David E. Johnston
Dated: 2/12/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
</TABLE>
33 of 35 Pages
<PAGE> 34
<TABLE>
<S> <C>
/s/ Bennett Dorrance /s/ Drew M. Brown
- ----------------------------------------------- -----------------------------------------------
Bennett Dorrance Drew M. Brown
Dated: 2/14/99 Dated: 2/9/99
----------------------------------------- -----------------------------------------
/s/ Mark N. Sklar /s/ Bennett Dorrance
- ----------------------------------------------- -----------------------------------------------
Mark N. Sklar Bennett Dorrance, Trustee of the
Bennett Dorrance Trust
Dated: 2/9/99 Dated: 2/14/99
----------------------------------------- -----------------------------------------
/s/ Richard P. Johnston /s/ Jayne Johnston
- ----------------------------------------------- -----------------------------------------------
Richard P. Johnston, trustee of Johnston Family Jayne Johnston, trustee of Johnston Family
Charitable Remainder Trust #3 Charitable Remainder Trust #3
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
</TABLE>
34 of 35 Pages
<PAGE> 35
<TABLE>
<S> <C>
BERENSON MINELLA INVESTMENT BERENSON CORP.
PARTNERSHIP, L.P. NO. VI
By: /s/ Gregg Feinstein By: /s/ Jeffrey L. Berenson
-------------------------------------------- --------------------------------------------
Gregg Feinstein, Authorized Signer Jeffrey L. Berenson, Shareholder
Dated: 2/9/99 Dated: 2/9/99
----------------------------------------- -----------------------------------------
MINELLA CORP.
By: /s/ Raymond J. Minella
--------------------------------------------
Raymond J. Minella, Shareholder
Dated: 2/9/99
-----------------------------------------
</TABLE>
35 of 35 Pages
<PAGE> 36
EXHIBIT INDEX
-------------
<TABLE>
<CAPTION>
Exhibit Description Sequential Page No.
- ------- ----------- -------------------
<S> <C> <C>
1 Statement Pursuant to Rule 13d-1(f) 37
2 Stockholder Agreement (incorporated by reference to Exhibit N/A
2 to the Schedule 13G filed by the Group on February 17, 1998)
3 Amendment No. 1 to Stockholder Agreement. 40
</TABLE>
<PAGE> 1
EXHIBIT 1
STATEMENT PURSUANT TO RULE 13D-1 (F)
The undersigned parties hereto, CHRISTOPHER A. JOHNSTON, RAYMOND J.
MINELLA, BERENSON, MINELLA & COMPANY, L.P., BERENSON MINELLA INVESTMENT
PARTNERSHIP, L.P. NO. VI, BERENSON CORP., MINELLA CORP., JEFFREY L. BERENSON,
RICHARD P. JOHNSTON, JAYNE JOHNSTON, RPJ/JAJ PARTNERS, LTD., JOHNSTON FAMILY
CHARITABLE REMAINDER TRUST #3, DANNY EDWARDS, KENNETH J. WARREN, DAVID E.
JOHNSTON, BENNETT DORRANCE, DREW M. BROWN, MARK N. SKLAR, DMB PROPERTY VENTURES
LIMITED PARTNERSHIP, DMB GP, INC. and BENNETT DORRANCE, TRUSTEE OF THE BENNETT
DORRANCE TRUST DATED APRIL 21, 1989 hereby consent and agree to file a joint
statement on Schedule 13(G) (Amendment No. 1) under the Securities Exchange Act
of 1934, as amended, on behalf of each of them, with respect to shares of common
stock of ROYAL PRECISION, INC. beneficially owned by them, together with any or
all amendments thereto, when and if appropriate. The parties hereto further
consent and agree to file this Statement pursuant to Rule 13d-1(f) as an exhibit
to such Schedule 13(G) (Amendment No. 1), thereby incorporating the same into
such Schedule 13(G)(Amendment No. 1).
<TABLE>
<S> <C>
BERENSON, MINELLA & COMPANY, L.P. RPJ/JAJ PARTNERS, LTD.
By: /s/ Gregg Feinstein By: /s/ Richard P. Johnston
-------------------------------------------- --------------------------------------------
Gregg Feinstein, Authorized Signer Richard P. Johnston, General Partner
Dated: 2/9/99 Dated: 2/9/99
----------------------------------------- -----------------------------------------
DMB PROPERTY VENTURES LIMITED DMB GP, INC.
PARTNERSHIP
DMB GP, INC., general partner
By: /s/ Timothy A. Kaehr By: /s/ Timothy A. Kaehr
-------------------------------------------- --------------------------------------------
Title: Executive Vice President Title: Executive Vice President
----------------------------------------- -----------------------------------------
Dated: 2/12/99 Dated: 2/12/99
----------------------------------------- -----------------------------------------
/s/ Christopher A. Johnston /s/ Raymond J. Minella
- ----------------------------------------------- -----------------------------------------------
Christopher A. Johnston Raymond J. Minella
Dated: 2/10/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Jeffrey L. Berenson /s/ Richard P. Johnston
- ----------------------------------------------- -----------------------------------------------
Jeffrey L. Berenson Richard P. Johnston
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
</TABLE>
<PAGE> 2
<TABLE>
<S> <C>
/s/ Jayne Johnston /s/ Danny Edwards
- ----------------------------------------------- -----------------------------------------------
Jayne Johnston Danny Edwards
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Kenneth J. Warren /s/ David E. Johnston
- ----------------------------------------------- -----------------------------------------------
Kenneth J. Warren David E. Johnston
Dated: 2/12/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
/s/ Bennett Dorrance /s/ Drew M. Brown
- ----------------------------------------------- -----------------------------------------------
Bennett Dorrance Drew M. Brown
Dated: 2/14/99 Dated: 2/9/99
----------------------------------------- -----------------------------------------
/s/ Mark N. Sklar /s/ Bennett Dorrance
- ----------------------------------------------- -----------------------------------------------
Mark N. Sklar Bennett Dorrance, Trustee of the
Bennett Dorrance Trust
Dated: 2/9/99 Dated: 2/14/99
----------------------------------------- -----------------------------------------
/s/ Richard P. Johnston /s/ Jayne Johnston
- ----------------------------------------------- -----------------------------------------------
Richard P. Johnston, trustee of Johnston Family Jayne Johnston, trustee of Johnston Family
Charitable Remainder Trust #3 Charitable Remainder Trust #3
Bennett Dorrance Trust
Dated: 2/8/99 Dated: 2/8/99
----------------------------------------- -----------------------------------------
</TABLE>
<PAGE> 3
<TABLE>
<S> <C>
BERENSON MINELLA INVESTMENT BERENSON CORP.
PARTNERSHIP, L.P. NO. VI
By: /s/ Gregg Feinstein By: /s/ Jeffrey L. Berenson
-------------------------------------------- --------------------------------------------
Gregg Feinstein, Authorized Signer Jeffrey L. Berenson, Shareholder
Dated: 2/9/99 Dated: 2/9/99
----------------------------------------- -----------------------------------------
MINELLA CORP.
By: /s/ Raymond J. Minella
--------------------------------------------
Raymond J. Minella, Shareholder
Dated: 2/9/99
-----------------------------------------
</TABLE>
<PAGE> 1
EXHIBIT 3
AMENDMENT NO. 1 TO STOCKHOLDER AGREEMENT
AMENDMENT NO. 1 (this "Agreement") to the Stockholder Agreement, dated as
of May 12, 1997 (the "Stockholder Agreement"), among Danny Edwards, an
individual residing at 6724 North Whispering Hills Road, Paradise Valley,
Arizona 85253, Drew M. Brown, an individual whose address is 4201 North 24th
Street, Suite 120, Phoenix, Arizona 85016, DMB Property Ventures Limited
Partnership, a Delaware limited partnership having an office at 4201 North 24th
Street, Suite 120, Phoenix, Arizona 85016, Mark N. Sklar, an individual whose
address is 4201 North 24th Street, Suite 120, Phoenix, Arizona 85016 and Bennett
Dorrance, Trustee of the Bennett Dorrance Trust dated April 21, 1989, as
amended, whose address is 4201 North 24th Street, Suite 120, Phoenix, Arizona
85016 (Messrs. Edwards, Brown, Sklar and Dorrance, and DMB Property Ventures
Limited Partnership collectively referred to as the "Edwards Group"),
Christopher A. Johnston, an individual residing at 2784 Teton Pines Drive,
Jackson, Wyoming 83001, Richard P. Johnston and Jayne A. Johnston Charitable
Remainder Trust #3 (Richard P. Johnston, Trustee) ("Johnston CRT #3"), having an
office at Teton Pines, 4350 Greens Place, Wilson, Wyoming 83014 as successor to
RPJ/JAJ Partners, Ltd., a Wyoming partnership, David E. Johnston, an individual
residing at 1935 W. Muirhead Loop, Oro Valley, Arizona 85737, Berenson Minella &
Company, L.P. ("Berenson Minella"), a New York limited partnership having an
office at 667 Madison Avenue, New York, New York 10021, Kenneth J. Warren, an
individual residing at 5567 Caplestone Lane, Dublin, Ohio 43017 (Messrs.
Christopher A. Johnston, David E. Johnston and Kenneth J. Warren, and Johnston
CRT #3 and Berenson Minella collectively referred to as the "Johnston Group" and
each member of the Edwards Group and the Johnston Group individually referred to
as a "Stockholder" and collectively as "Stockholders"), and Royal Precision,
Inc. (f/k/a FM Precision Golf Corp.), a Delaware corporation ("RP"). Capitalized
terms used herein and not otherwise referred to herein shall have the meaning
ascribed thereto in the Stockholder Agreement
WHEREAS, RP, Coyote Sports, Inc., a Nevada corporation ("CSI"), and RP
Acquisition Corp. ("Sub"), a Delaware propose to enter into an Agreement and
Plan of Merger dated as of even date herewith (the "Merger Agreement"),
providing for the merger of Sub with and into RP (the "Merger") pursuant to the
terms and conditions of the Merger Agreement, and setting forth certain
representations, warranties and agreements which each of the parties thereto is
making thereby in connection with the Merger; and
WHEREAS, in connection with the Merger, certain Stockholders of the
Company have agreed to enter into Voting Agreements in favor of CSI (the "Voting
Agreements") pursuant which, subject to the terms and conditions of such Voting
Agreements, such Stockholders have agreed to vote their shares of Common Stock
in favor of the adoption and approval of the Merger Agreement and the approval
of the Merger and against certain transactions which might delay, impede or
oppose the Merger and, concurrently therewith, grant to CSI a proxy to vote such
shares in favor of the adoption and approval of the Merger Agreement and the
approval of the Merger and against certain transactions which might delay,
impede or oppose the Merger; and
WHEREAS, the parties hereto wish to effect certain Amendments to the
Stockholders Agreement in connection with the Merger.
NOW, THEREFORE, the parties hereto agree as follows:
SECTION 1. AMENDMENTS TO STOCKHOLDER AGREEMENT. (a) Section 4 of the
Stockholders Agreement is hereby amended by deleting such Section in its
entirety and substituting in lieu thereof the following:
"SECTION 4. NO VOTING TRUSTS. Each Stockholder agrees that it will not, and
will not permit any entity under any Stockholder's control to, deposit any
of its Shares in a voting trust or subject any of his Shares to any
arrangement or agreement with respect to the voting of such Shares, other
than this Agreement and any Voting Agreement entered into in connection
with the Merger.
(b) A new Section 12 to the Stockholder Agreement is hereby
inserted immediately following Section 11.5 of the Stockholders Agreement to
read as follows:
Notwithstanding anything to the contrary contained herein, nothing in
this Stockholders Agreement shall be deemed to prohibit any part hereto
from executing and delivering the Merger Agreement or any Voting
Agreement, and performing his respective obligations thereunder.
<PAGE> 2
(c) Christopher A. Johnston is hereby deleted as a party to
the Stockholders Agreement shall no longer have any rights or obligations
hereunder and, hereafter, (x) all references to the Johnston Group shall be
deemed to be references solely to Messrs. David E. Johnston and Kenneth J.
Warren, and Johnston CRT #3 and Berenson Minella and (y) for all purposes of the
Stockholder Agreement, Mr. Christopher A. Johnston shall not be deemed to be a
Stockholder for purposes of the Stockholder Agreement, as amended hereby.
SECTION 2. MISCELLANEOUS.
2.1. The parties, being concerned that either party may obtain
some advantage by having the law of the jurisdiction of its principal place of
business apply, and agreeing in concept to have this Agreement subject to the
laws of a neutral jurisdiction, whose laws are perceived as being fair in
general to the business community at large, have determined and agreed as
follows: THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO PRINCIPLES
OF CONFLICT OF LAWS. EACH OF THE PARTIES AGREES THAT ANY LEGAL ACTION BETWEEN
THE PARTIES RELATING TO THE ENTRY INTO OR PERFORMANCE OF THIS AGREEMENT, OR THE
INTERPRETATION OR ENFORCEMENT OF TERMS HEREOF, SHALL BE BROUGHT IN A FEDERAL OR
STATE COURT LOCATED IN NEW CASTLE COUNTY, DELAWARE, HAVING JURISDICTION OF THE
SUBJECT MATTER THEREOF, AND EACH PARTY IRREVOCABLY CONSENTS TO PERSONAL
JURISDICTION IN ANY SUCH FEDERAL OR STATE COURT, WAIVES ANY RIGHT TO OBJECT TO
SUCH VENUE OR TO ASSERT THE DEFENSE OF FORUM NON-CONVENIENS, AND AGREES THAT
SERVICE OF PROCESS MAY BE MADE BY CERTIFIED OR REGISTERED MAIL ADDRESSED TO SUCH
PARTY AT ITS ADDRESS SET FORTH IN, OR DETERMINED IN ACCORDANCE WITH, SECTION
11.5 OF THE STOCKHOLDERS AGREEMENT.
2.2. If any provision of this Agreement or the application of
any such provision to any person or circumstances shall be held invalid by a
court of competent jurisdiction, the remainder of this Agreement, including the
remainder of the provision held invalid, or the application of such provision to
persons or circumstances other than those as to which it is held invalid, shall
not be affected.
2.3. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original but all of which
together shall constitute one and the same instrument.
2.4. All Section headings herein are for convenience of
reference only and are not part of this Agreement and no construction or
inference shall be derived therefrom.
2.5 From and after the date first written above, all
references tot he Stockholder Agreement (whether in the Stockholder Agreement or
in any other agreement or document making reference thereto shall be deemed to
be references to the Stockholder Agreement as amended by this Agreement.
<PAGE> 3
IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Agreement as of the date first above written.
<TABLE>
<S> <C>
ROYAL PRECISION, INC.
By: /s/ Raymond J. Minella
------------------------------------------
Raymond J. Minella, Chairman
STOCKHOLDERS:
Signature of Stockholder: /s/ Danny Edwards
---------------------------------------
Danny Edwards
Signature of Stockholder: /s/ Drew M. Brown
---------------------------------------
Drew M. Brown
Signature of Stockholder: DMB PROPERTY VENTURES
LIMITED PARTNERSHIP
By: /s/ Drew M. Brown
------------------------------------
Name:
Signature of Stockholder: /s/ Mark N. Sklar
---------------------------------------
Mark N. Sklar
</TABLE>
<PAGE> 4
<TABLE>
<S> <C>
Signature of Stockholder: /s/ Bennett Dorrance
-------------------------------------------------------
Bennett Dorrance, Trustee of the Bennett Dorrance Trust
dated April 21, 1989, as amended
Signature of Stockholder: /s/ Christopher A. Johnston
-------------------------------------------------------
Christopher A. Johnston
Signature of Stockholder: RICHARD P. JOHNSTON AND JAYNE A.
JOHNSTON CHARITABLE REMAINDER
TRUST #3
By: /s/ Richard P. Johnston
-----------------------------------------------------
Richard P. Johnston, Trustee
Signature of Stockholder: /s/ David E. Johnston
-------------------------------------------------------
David E. Johnston
Signature of Stockholder: BERENSON MINELLA & COMPANY, L.P.
By: /s/ Raymond J. Minella
-----------------------------------------------------
Raymond J. Minella, General Partner
Signature of Stockholder: /s/ Kenneth J. Warren
-------------------------------------------------------
Kenneth J. Warren
</TABLE>
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