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FORM 4
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OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response......0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
KRG Capital Partners, LLC (designated White Cap Holdings, Inc. ("WHCP") Issuer (Check all applicable)
beneficial owner)
- ------------------------------------------- -------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Number of Reporting Month/Year Officer (give Other (Specify
370 Seventeenth Street Person (Voluntary) February 1999 ---- title --- below)
- --------------------------------------------- ------------------- below)
(Street) -------------------- 5. If Amendment, __________________________________
Denver Colorado 80202 Date of Original 7. Individual or Joint/Group Filing
- --------------------------------------------- (Month/Year) (Check Applicable Line)
(City) (State) (Zip) __ Form filed by One Reporting Person
------------ X Form filed by more than one
__ Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock, par value See
$0.01 per share 03/5/1999 I 72,968 D n/a 944,994 I below
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Common Stock, par value
$0.01 per share 2/10/1999 S 1,250 D $13.875 944,994 I Member
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Common Stock, par value
$0.01 per share 2/22/1999 S 13,750 D $13.9318 944,994 I Member
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Common Stock, par value
$0.01 per share 2/10/1999 S 1,250 D $13.875 944,994 I Member
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Common Stock, par value
$0.01 per share 2/22/1999 S 5,750 D $13.9318 944,994 I Member
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Common Stock, par value
$0.01 per share 2/22/1999 S 7,000 D $13.9318 944,994 I Member
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Common Stock, par value
$0.01 per share 2/22/1999 S 1,000 D $13.9318 944,994 I Member
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, See Instruction 4(b)(v). SEC 1474 (7-96)
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<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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Explanation of Responses:
This report is being made by KRG Capital Partners, LLC ("KRG Capital"), as designated beneficial owner pursuant to Instruction
4(b)(v). The securities reported herein are held by the members of KRG Capital Investments II, LLC listed on Schedule A hereto
(the "Members"). All of such shares are subject to a voting agreement providing KRG Capital the right to vote all of such shares.
Each of the Members disclaims beneficial ownership of all of the shares held by other Members, other than immediate family
members or family trusts. KRG Capital previously had the sole right to vote the 1,017,962 shares of Common Stock held by the
Members. Such agreement was amended and restated effective March 5, 1999 to release certain members of KRG II listed on Schedule B
hereto, who beneficially own 72,968 shares of the Common Stock outstanding, from the voting agreement and the sale reported herein.
As a result of such amendment, KRG now has the sole right to vote the 944,994 shares of Common Stock held by the Members. The
amount of shares of stock disposed by certain Members are listed on Schedule B hereto.
/s/ Bruce Rogers March 9, 1999
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** Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date
Violations. See 18 U.S.C. 1001 and 15U.S.C. 78ff(a)
Note: File three copies of this Form, one of which must be manually Page 2
signed. If space provided is insufficient, see Instruction 6 SEC 1474 (7-96)
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.
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SCHEDULE A
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<CAPTION>
BALANCE
SH TAX ID NUMBER NAME HELD
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<S> <C> <C>
###-##-#### Brenda K. King 64,346
###-##-#### Mark M. King 202,517
###-##-#### MBK Children's Trust 23,360
###-##-####/###-##-#### Bruce L. Rogers and Sally K. Rogers, Ten in Common 210,303
###-##-#### Andrew J. Gwirtsman 13,230
84-1363522 Capital Resources Growth, Inc. 208,800
###-##-####/###-##-#### Charles R. Gwirtsman and Nancy J. Reichman 93,707
###-##-#### Daniel L. Gwirtsman 13,230
###-##-#### Nancy J. Reichman 45,901
###-##-#### Rogers Family Trust 26,100
###-##-#### Sally K. Rogers Trust 43,500
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TOTAL 944,994
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</TABLE>
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SCHEDULE B
<TABLE>
<CAPTION>
SHARES
RELEASED
FROM
VOTING
SH TAX ID NUMBER NAME AGREEMENT
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<S> <C> <C>
Lee W. Dines 72,968
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TOTAL 72,968
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