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FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of
1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event
EMAP plc Requiring Statement
1 Lincoln Court (Month/Day/Year)
Lincoln Road 12/15/98
Peterborough PE1 2RF ----------------------------
ENGLAND 3. IRS Identification
EMAP Acquisition Corp. Number of Reporting
c/o EMAP plc Person, if an entity
1 Lincoln Court (voluntary)
Lincoln Road 51-0385904
Peterborough PE1 2RF
ENGLAND
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities
(Instr. 4) Beneficially Owned
(Instr. 4)
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Class A Common Stock, par value $0.01 per share 0(1)
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4. Issuer Name and Ticker or Trading Symbol
EMAP plc Requiring Statement The Petersen Companies, Inc. (PTN)
1 Lincoln Court (Month/Day/Year) ---------------------------------------
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Lincoln Road 12/15/98 5. Relationship of Reporting Person to
Issuer
Peterborough PE1 2RF ---------------------------- (Check all applicable)
ENGLAND 3. IRS Identification ----- Director X
EMAP Acquisition Corp. Number of Reporting ------------------------------- 10% Own
er
c/o EMAP plc Person, if an entity ----- Officer (give title
1 Lincoln Court (voluntary) ------------------------------- Other (
specify
Lincoln Road 51-0385904 below) below)
Peterborough PE1 2RF ---------------------------------
ENGLAND
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) (Instr. 5)
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Class A Common Stock, par value $0.01 per share N/A
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4. Issuer Name and Ticker or Trading Symbol 6. If Amendment, Date o
f Original
EMAP plc Requiring Statement The Petersen Companies, Inc. (PTN)
(Month/Day/Year)
1 Lincoln Court (Month/Day/Year) ---------------------------------------
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Lincoln Road 12/15/98 5. Relationship of Reporting Person to
Issuer 7. Individual or Joint/Group
Peterborough PE1 2RF ---------------------------- (Check all applicable)
Filing (Check Applicable Line)
ENGLAND 3. IRS Identification ----- Director X
----- Form filed by One Reporting
EMAP Acquisition Corp. Number of Reporting ------------------------------- 10% Own
er Person
c/o EMAP plc Person, if an entity ----- Officer (give title
X
1 Lincoln Court (voluntary) ------------------------------- Other (
specify ----- Form filed by More than One
Lincoln Road 51-0385904 below) below)
Reporting Person
Peterborough PE1 2RF ---------------------------------
ENGLAND
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 4. Nature of Indirect Beneficial
(Instr. 4) Ownership
(Instr. 5)
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Class A Common Stock, par value $0.01 per share
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
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(1) See note 1 on attached page.
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying
Security (Instr. 4) (Month/Day/Year) Derivative Security (Instr. 4)
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Date Exercisable Expiration Date Title Amount or
Number of Shares
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Class B Common Stock, par value Class A Common Stock, par
$0.01 per share(2) value $0.01 per share
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1. Title of Derivative 4. Conversion or 5. Ownership Form 6. Nature of
Security (Instr. 4) Exercise Price of Derivative Indirect
of Derivative Security: Direct Beneficial
Security (D) or Indirect Ownership
(I) (Instr. 5) (Instr. 5)
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Class B Common Stock, par value
$0.01 per share(2)
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**International misstatements or omissions of facts /s/ CHRISTOPHER R. INNIS December 16, 1998
constitute Federal Criminal Violations. --------------------------------------- --------------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ** Signature of Reporting Person Date
EMAP plc
Note: File three copies of this Form, one of which must be By: Christopher R. Innis
manually signed. If space is insufficient. Title: Director of Corporate Strategy
See Instruction 6 for procedure.
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 Number.
/s/ CHRISTOPHER R. INNIS December 16, 1998
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**Signature of Reporting Person Date
EMAP Acquisition Corp.
By: Christopher R. Innis
Title: President, Secretary and Treasurer
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(2) See note 2 on attached page.
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EXPLANATION OF RESPONSES
(1) On December 15, 1998, EMAP plc ("Parent") and EMAP Acquisition Corp.
(the "Purchaser") entered into a Stockholders' Agreement (the "Stockholder
Agreement") with certain of the directors and executive officers of The Petersen
Companies, Inc., a Delaware corporation (the "Company"), and certain other
persons (collectively, the "Selling Stockholders") pursuant to which each
Selling Stockholder has unconditionally agreed to tender into the Purchaser's
tender offer (the "Offer") for all the outstanding Shares (as defined below) in
accordance with an Agreement and Plan of Merger dated as of December 15, 1998,
among Parent, the Purchaser and the Company (the "Merger Agreement"), and not to
withdraw therefrom, all the shares of Class A Common Stock, par value $0.01 per
share (the "Class A Shares"), and Class B Common Stock, par value $0.01 per
share (the "Class B Shares" and, together with the Class A Shares, the
"Shares"), of the Company that such Selling Stockholder owned on December 15,
1998 (comprising 18,406,656 Class A Shares and 7,886,290 Class B Shares for all
the Selling Stockholders) as well as any Shares thereafter acquired by it,
including upon the exercise of stock options. In addition, the Selling
Stockholders have agreed to sell to the Purchaser, and the Purchaser has agreed
to purchase, all the Selling Stockholders' Shares (including those acquired
after the execution of the Stockholder Agreement) at a price per share equal to
$34.00 per share, subject to certain conditions. Under the Stockholder
Agreement, each Selling Stockholder has granted to certain individuals
designated by Parent an irrevocable proxy with respect to the Shares subject to
the Stockholder Agreement to vote such Shares under certain circumstances.
(2) Pursuant to the terms of the Merger Agreement, the Purchaser has the
right to exchange each Class B share received in the Offer for a Class A Share.
On December 15, 1998, there were 7,886,290 Class B Shares outstanding, all of
which were owned by the Selling Stockholders.