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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.3)*
NCO Group, Inc.
----------------
(Name of Issuer)
Common Stock, no par value
------------------------------
(Title of Class of Securities)
628858102
--------------
(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.
SEC 1745 (3-98)
Page 1 of 4 Pages
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- ------------------------------- -----------------------------
CUSIP NO. 628858102 13G Page 2 of 4 Pages
- ------------------------------- -----------------------------
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
978,406
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON ----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
978,406
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,406 (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
3.8% (See Item 4)
- --------------------------------------------------------------------------------
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:
--------------
NCO Group, Inc. (the "Corporation")
Item 1(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
515 Pennsylvania Avenue
Fort Washington, PA 19034
Item 2(a) Name of Person Filing:
---------------------
Charles C. Piola, Jr.
Item 2(b) Address of Principal Business Office:
------------------------------------
NCO Group, Inc.
515 Pennsylvania Avenue
Fort Washington, PA 19034
Item 2(c) Citizenship:
-----------
United States
Item 2(d) Title of Class of Securities:
----------------------------
Common stock, no par value
Item 2(e) CUSIP Number: 628858102
------------
Item 3 Not Applicable
Item 4 Ownership:
---------
(a) Amount Beneficially Owned: 978,406(1)
(b) Percent of Class: 3.8%(2)
(c) Number of Shares as to which such person has
(i) sole power to vote/direct the vote: 978,406
- -----------
(1) Includes 19,833 shares issuable upon the exercise of options which are
exercisable within 60 days after December 31, 1999 (the "Vested Options").
Excludes 119,160 shares held in trust for the benefit of Mr. Piola's
children, as to which Mr. Piola disclaims beneficial ownership.
(2) Based on 25,552,562 shares outstanding as of 12/31/99 (including the Vested
Options).
Page 3 of 4 Pages
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(ii) shared power to vote/direct the vote: -0-
(iii) sole power to dispose/direct the
disposition of: 978,406
(iv) shared power to dispose/direct the
disposition of: -0-
Item 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------
See Item 4(b)
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
-------------
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: January 18, 2000 /s/ Charles C. Piola, Jr.
-------------------------
Charles C. Piola, Jr.
Page 4 of 4 Pages
