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OMB APPROVAL
OMB Number: 3235-0145
Expires: August 31, 1999
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Act of 1934
(Amendment No.2)*
NCO Group, Inc.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
628858102
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| 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 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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 4 Pages
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CUSIP NO. 628858102 13G Page 2 of 4 Pages
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- --------------------------------- ----------------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON
Charles C. Piola, Jr.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
Not Applicable.
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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| 5 SOLE VOTING POWER
|
| 1,096,073
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NUMBER OF | 6 SHARED VOTING POWER
SHARES |
BENEFICIALLY | -0-
OWNED BY -----------------------------------------------------
EACH | 7 SOLE DISPOSITIVE POWER
REPORTING |
PERSON | 1,096,073
WITH -----------------------------------------------------
| 8 SHARED DISPOSITIVE POWER
|
| -0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,096,073 (See Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
See Item 4 |X|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1% (See Item 4)
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12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 Pages
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Item 1(a) Name of Issuer:
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NCO Group, Inc. (the "Corporation")
Item 1(b) Address of Issuer's Principal Executive Offices:
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515 Pennsylvania Avenue
Fort Washington, PA 19034
Item 2(a) Name of Person Filing:
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Charles C. Piola, Jr.
Item 2(b) Address of Principal Business Office:
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NCO Group, Inc.
515 Pennsylvania Avenue
Fort Washington, PA 19034
Item 2(c) Citizenship:
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United States
Item 2(d) Title of Class of Securities:
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Common stock, no par value
Item 2(e) CUSIP Number: 628858102
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Item 3 Not Applicable
Item 4 Ownership:
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(a) Amount Beneficially Owned: 1,096,073(1)
(b) Percent of Class: 6.1%(2)
(c) Number of Shares as to which such person has
(i) sole power to vote/direct the vote: 1,096,073
(ii) shared power to vote/direct the vote: -0-
- --------
(1) Includes 7,500 shares issuable upon the exercise of options which are
exercisable within 60 days after December 31, 1998 (the "Vested Options").
Excludes 179,160 shares held in trust for the benefit of Mr. Piola's children,
as to which Mr. Piola disclaims beneficial ownership.
(2) Based on 18,025,793 shares outstanding as of 12/31/98 (includes the
Vested Options).
Page 3 of 4 Pages
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(iii) sole power to dispose/direct the disposition of: 1,096,073
(iv) shared power to dispose/direct the disposition of: -0-
Item 5 Ownership of Five Percent or Less of a Class:
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Not Applicable.
Item 6 Ownership of More Than Five Percent on Behalf of Another Person:
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Not Applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
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Not Applicable.
Item 8 Identification and Classification of Members of the Group:
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Not Applicable.
Item 9 Notice of Dissolution of Group:
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Not Applicable.
Item 10 Certification
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By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purposes or
effect.
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.
Date: _______________________ ____________________________________
Charles C. Piola, Jr.
Page 4 of 4 Pages
