UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _)*
National-Oilwell, Inc.
--------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
--------------------------------------------------------
(Title of Class of Securities)
637071101
--------------------
(CUSIP Number)
April 4, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the disclosures provided in a prior cover page.
The information required in 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>
CUSIP NO. 637071101 13G Page 2 of 11 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
| |
| | William A. Monteleone, Jr.
- --------------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| |
| | [ ]
| | [ ]
- --------------------------------------------------------------------------------
| 3 | SEC USE ONLY
| |
- --------------------------------------------------------------------------------
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
| |
| | USA
- --------------------------------------------------------------------------------
| 5 | SOLE VOTING POWER
NUMBER OF | | 3,928,827
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | 0
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 3,928,827
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | 0
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 3,928,827
- --------------------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 5.93%
- --------------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON*
| |
| | IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 637071101 13G Page 3 of 11 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
| |
| | NOW, Inc.
| | 72-1311927
- --------------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| |
| | [ ]
| | [ ]
- --------------------------------------------------------------------------------
| 3 | SEC USE ONLY
| |
- --------------------------------------------------------------------------------
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
| |
| | Louisiana
- --------------------------------------------------------------------------------
| 5 | SOLE VOTING POWER
NUMBER OF | | 2,903,027
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | 0
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 2,903,027
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | 0
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 2,903,027
- --------------------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 4.38%
- --------------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON*
| |
| | CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 637071101 13G Page 4 of 11 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
| |
| | New Hotel Monteleone, Inc.
| | 72-0372833
- --------------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| |
| | [ ]
| | [ ]
- --------------------------------------------------------------------------------
| 3 | SEC USE ONLY
| |
- --------------------------------------------------------------------------------
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
| |
| | Louisiana
- --------------------------------------------------------------------------------
| 5 | SOLE VOTING POWER
NUMBER OF | | 2,903,027
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | 0
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 2,903,027
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | 0
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 2,903,027
- --------------------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 4.38%
- --------------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON*
| |
| | CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 637071101 13G Page 5 of 11 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSONS
| | I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
| |
| | BD&A-NOI Limited Partnership
| | 76-0587767
- --------------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| |
| | [ ]
| | [ ]
- --------------------------------------------------------------------------------
| 3 | SEC USE ONLY
| |
- --------------------------------------------------------------------------------
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
| |
| | Texas
- --------------------------------------------------------------------------------
| 5 | SOLE VOTING POWER
NUMBER OF | | 888,185
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | 0
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 888,185
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | 0
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 888,185
- --------------------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 1.34%
- --------------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON*
| |
| | PN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 637071101 PAGE 6 OF 11 PAGES
<TABLE>
<CAPTION>
<S> <C>
ITEM 1.
Item 1(a) NAME OF ISSUER: National-Oilwell, Inc.
Item 1(b) ADDRESS OF ISSUER'S
PRINCIPAL EXECUTIVE OFFICES: 10000 Richmond Avenue, 4th Floor
Houston, Texas 77042-4200
ITEM 2.
Item 2(a) NAME OF PERSONS FILING: William A. Monteleone, Jr.
New Hotel Monteleone, Inc.
NOW, inc.
BD&A-NOI Limited Partnership
Item 2(b) ADDRESS OF PRINCIPAL
BUSINESS OFFICE OR, IF NONE,
RESIDENCE: 214 Royal Street
New Orleans, Louisiana 70130
(for New Hotel Monteleone, Inc. and
NOW, Inc.)
3453 Meadowlake Lane
Houston, Texas 77027
(for BD&A-NOI Limited Partnership
and William A. Monteleone, Jr.)
Item 2(c) CITIZENSHIP: United States
Item 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $.01 per share
Item 2(e) CUSIP NUMBER: 637071101
</TABLE>
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE SS.SS.240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15
of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the
Act (15 U.S.C. 78c).
<PAGE>
CUSIP NO. 637071101 PAGE 7 OF 11 PAGES
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under section
8 of the Investment Company Act of 1940 (15
U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
SS.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund
in accordance with ss. 240.13d-1(b)(1)(ii)
(F);
(g) [ ] A parent holding company or control person
in accordance with ss. 240.13d-1(b)(ii)(G);
(h) [ ] A savings associations as defined in Section
3(b) of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the
definition of an investment company under
Section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with ss.240.13d-1(b)
(1)(ii)(J) ;
<PAGE>
CUSIP NO. 637071101 PAGE 8 OF 11 PAGES
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
William A. Monteleone, Jr. beneficially owns
3,928,827 shares of Common Stock. This includes 136,815
shares owned by him directly and all of the shares
listed below as beneficially owned by the other
reporting persons. This total also includes 800 shares
owned by Mr. Monteleone's minor child, as to which Mr.
Monteleone disclaims beneficial ownership.
NOW, Inc. beneficially owns 2,903,027 shares of
Common Stock. NOW, Inc. is a wholly owned subsidiary of
New Hotel Monteleone, Inc., which as a result is also
deemed the beneficial owner of such 2,903,027 shares.
BD&A-NOI Limited Partnership beneficially owns
888,185 shares of Common Stock.
(b) Percent of Class:
William A. Monteleone, Jr. beneficially owns 5.93%
of the Common Stock; NOW, Inc. and New Hotel Monteleone,
Inc. beneficially own 4.38% of the Common Stock, and
BD&A-NOI Limited Partnership beneficially owns 1.34% of
the Common Stock, all based on 66,285,519 shares
outstanding as indicated in the Issuer's Annual Report
on Form 10-K for the year ended December 31, 1999. As
indicated above, the shares listed as beneficially owned
by Mr. Monteleone include all the shares listed as
beneficially owned by the other reporting persons.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the
vote: William A. Monteleone, Jr.:
3,928,827 shares; NOW, Inc. and New
Hotel Monteleone, Inc.: 2,903,027
shares; BD&A-NOI Limited
Partnership: 888,185 shares.
(ii) Shared power to vote or to direct
the vote: 0
(iii) Sole power to dispose or to direct
the disposition of: William A.
Monteleone, Jr.: 3,928,827 shares;
NOW, Inc. and New Hotel Monteleone,
Inc.: 2,903,027 shares; BD&A-NOI
Limited Partnership: 888,185
shares.
<PAGE>
CUSIP NO. 637071101 PAGE 9 OF 11 PAGES
(iv) Shared power to dispose or to
direct the disposition: 0
INSTRUCTION. For computations regarding securities which represent a right
to acquire underlying security SEE ss.240.13d-3(d)(1).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact
that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than 5
percent of the class of securities, check the
following . [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
No other person has the right to receive or the power
to direct the receipt of dividends from, or the
proceeds from the sale of, the securities reported
herein.
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
(a) The following certification is included pursuant to ss.240.13d-1(c):
By signing below the undersigned certify that, to the best of
their respective knowledge and belief, the securities referred
to above were not acquired and are not held for the purpose of
or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction
having that purpose or effect.
<PAGE>
CUSIP NO. 637071101 PAGE 10 OF 11 PAGES
SIGNATURE
After reasonable inquiry and to the best of their knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.
APRIL 14, 2000
------------------------------
Date
NOW, Inc.
By /s/ WILLIAM A. MONTELEONE, JR.
NEW HOTEL MONTELEONE, INC.
By /s/ WILLIAM A. MONTELEONE, JR.
BD&A-NOI LIMITED PARTNERSHIP
By MONTELEONE INTERESTS, LLC
By /s/ WILLIAM A. MONTELEONE, JR.
/s/ WILLIAM A. MONTELEONE, JR.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
<PAGE>
CUSIP NO. 637071101 PAGE 11 OF 11 PAGES
Exhibit to
Schedule 13G
This evidences the agreement of the undersigned, pursuant to
Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, that
this statement is filed on behalf of each of them.
NOW, Inc.
By /s/ WILLIAM A. MONTELEONE, JR.
NEW HOTEL MONTELEONE, INC.
By /s/ WILLIAM A. MONTELEONE, JR.
BD&A-NOI LIMITED PARTNERSHIP
By MONTELEONE INTERESTS, LLC
By /s/ WILLIAM A. MONTELEONE, JR.
WILLIAM A. MONTELEONE, JR.
