SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
Willis Lease Finance Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
970646 10 5
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Page 1 of 9 Pages)
<PAGE>
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CUSIP No. 970646 10 5 13G Page 2 of 9 Pages
- --------------------------- ---------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CFW Partners, L.P., a California Limited Partnership ("CFW")
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
Not Applicable (b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California Limited Partnership
- -------- -----------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 3,110,657
SHARES ------- -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH ------- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 3,110,657
WITH ------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,657
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
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<PAGE>
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CUSIP No. 970646 10 5 13G Page 3 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles F. Willis, IV
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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
NUMBER OF 0
SHARES ------- -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,110,657 shares which are directly owned by CFW.
EACH Mr. Willis is both a general partner and a limited
REPORTING partner of CFW.
PERSON ------- -------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,110,657 shares which are directly owned by CFW.
Mr. Willis is both a general partner and a limited
partner of CFW.
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,657
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
- ------- ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7%
- ------- ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------- -----------------------------------------------------------------------
<PAGE>
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CUSIP No. 970646 10 5 13G Page 4 of 9 Pages
- --------------------------- ---------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Austin Chandler Willis 1995 Irrevocable Trust
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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
NUMBER OF 0
SHARES ------- -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,110,657 shares which are directly owned by CFW.
EACH Mr. Willis is a limited partner of CFW.
REPORTING ------- -------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,110,657 shares which are directly owned by CFW.
Mr. Willis is a limited partner of CFW.
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,657
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
- ------- ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7%
- ------- ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------- -----------------------------------------------------------------------
<PAGE>
(Page 5 of 9 Pages)
Item 1(a). Name of Issuer:
Willis Lease Finance Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
c/o Willis Lease Finance Corporation
180 Harbor Drive, Suite 200
Sausalito, CA 94965
Item 2(a)-(c). Name of Person Filing:
This statement is being filed by CFW Partners, L.P., a
California Limited Partnership whose principal address is c/o
Willis Lease Finance Corporation, 180 Harbor Drive, Suite 200,
Sausalito, CA 94965. The names, business addresses and
citizenships of the general partner and limited partners of CFW
are set forth on Exhibit A hereto. Charles F. Willis, IV and
Austin Chandler Willis 1995 Irrevocable Trust are each limited
partners of CFW. Charles F. Willis, IV is also the general
partner of CFW.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
970646 10 5
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
<PAGE>
(Page 6 of 9 Pages)
Item 4. Ownership.
CFW
(a) Amount beneficially owned: 3,110,657 Shares
(b) Percent of class: 60.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 3,110,657
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition
of: 3,110,657
(iv) Shared power to dispose or to direct the disposition
of: 0
Charles F. Willis, IV
(a) Amount beneficially owned: 3,110,657 Shares
(b) Percent of class: 60.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 3,110,657
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 3,110,657
Austin Chandler Willis 1995 Irrevocable Trust
(a) Amount beneficially owned: 3,110,657 Shares
(b) Percent of class: 60.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 3,110,657
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 3,110,657
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
<PAGE>
(Page 7 of 9 Pages)
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.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Not Applicable
<PAGE>
(Page 8 of 9 Pages)
SIGNATURE
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.
CFW Partners, L.P., a California Limited
Partnership
Dated: February 12, 1997 By: /s/ Charles F. Willis, IV
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A General Partner
Dated: February 12, 1997 /s/ Charles F. Willis, IV
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Charles F. Willis, IV
Austin Chandler Willis 1995 Irrevocable
Trust
Dated: February 12, 1997 By: /s/ Elizabeth Leatherman
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Elizabeth Leatherman, as Trustee
<PAGE>
(Page 9 of 9 Pages)
EXHIBIT A
Set forth below, with respect to the general partner and limited
partners of CFW, is the following: (a) name; (b) business address and (c)
citizenship.
1. (a) Charles F. Willis, IV
(b) c/o Willis Lease Finance Corporation
180 Harbor Drive, Suite 200
Sausalito, CA 94965
(c) United States
2. (a) Austin Chandler Willis 1995 Irrevocable Trust
(b) c/o Willis Lease Finance Corporation
180 Harbor Drive, Suite 200
Sausalito, CA 94965
(c) United States
