<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION
13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year of Quarter Ended March 31, 1999.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [_]
Bay Harbour Management, L.C.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
777 South Harbour Island Blvd. Suite 270 Tampa FL 33602
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
(813)272-1992 John D. Stout Vice President & Principal
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- -----------------------------------ATTENTION------------------------------------
Intentional misstatements or omission of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff (a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Tampa and State of Florida on the 4th day of May,
1999.
Bay Harbour Management, L.C.
--------------------------------------------
(Name of Institutional Investment Manager)
/s/ John D. Stout
--------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No. Name: 13F File No.:
- ---------------- -------------- --------------------- ----------------
1. 6.
- ---------------- -------------- --------------------- ----------------
2. 7.
- ---------------- -------------- --------------------- ----------------
3. 8.
- ---------------- -------------- --------------------- ----------------
4. 9.
- ---------------- -------------- --------------------- ----------------
5. 10.
- ---------------- -------------- --------------------- ----------------
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
Page 1 of 2 Name of Reporting Manager Bay Harbour Management
----------------------
- -----------------------------------------------------------------------------------------------------------------------------------
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6:
Name of Issuer Title of CUSIP Fair Market Shares of Principal Investment Discretion
Class Number Value Amount
- -----------------------------------------------------------------------------------------------------------------------------------
(a) Sole (b) Shared- (c) Shared-
As Defined Other
in Instr. V.
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
AAON, INC. Common 000360206 10,201,290 927,390 X
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN Common 024490104 1,002,879 2,468,625 X
BANKNOTE CORP.
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN Series B 024490203 957,269 2,356,355 X
BANKNOTE CORP. PFD
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN Warrant 024490112 0 375 X
BANKNOTE CORP.
- -----------------------------------------------------------------------------------------------------------------------------------
BUCKHEAD AMERICA Common 11835A105 2,602,290 484,147 X
CORPORATION
- -----------------------------------------------------------------------------------------------------------------------------------
BUCKHEAD AMERICA 8% CV 5,000,000 5,000,000 X
CORPORATION Bond
- -----------------------------------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. Common 29084Q100 23,182,345 1,348,791 X
- -----------------------------------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. 5.75% CV 29084QAC4 870,000 1,000,000 X
Bond
- -----------------------------------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. Y Warrants 29084Q126 1,188 500 X
- -----------------------------------------------------------------------------------------------------------------------------------
ENDOREX CORP. Common 29264N307 68,200 34,100 X
- -----------------------------------------------------------------------------------------------------------------------------------
FIRST PLACE TOWER Common & 335938ACO 5,138,016 258,956 X
UNIT Bond
- -----------------------------------------------------------------------------------------------------------------------------------
GENEVA STEEL 14% PFD 372252403 29,300 29,300 X
COMPANY
- -----------------------------------------------------------------------------------------------------------------------------------
HAWAIIAN AIRLINES, Common 419849104 4,955,669 1,843,970 X
INC.
- -----------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL Common 458978103 16,263,450 2,065,200 X
COMFORT PRODUCTS
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 70,271,896
- -----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
-------------------------------------
(SEC USE ONLY)
- ------------------------------------------------------------------------------------------------------
Item 7: Item 8:
Managers Voting Authority (Shares)
See Instr. V
- ------------------------------------------------------------------------------------------------------
(a) Sole (b) Shared (c) None
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
AAON, INC. X
- ------------------------------------------------------------------------------------------------------
AMERICAN X
BANKNOTE CORP.
- ------------------------------------------------------------------------------------------------------
AMERICAN X
BANKNOTE CORP.
- ------------------------------------------------------------------------------------------------------
AMERICAN X
BANKNOTE CORP.
- ------------------------------------------------------------------------------------------------------
BUCKHEAD AMERICA X
CORPORATION
- ------------------------------------------------------------------------------------------------------
BUCKHEAD AMERICA X
CORPORATION
- ------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. X
- ------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. X
- ------------------------------------------------------------------------------------------------------
EMCOR GROUP, INC. X
- ------------------------------------------------------------------------------------------------------
ENDOREX CORP. X
- ------------------------------------------------------------------------------------------------------
FIRST PLACE TOWER X
UNIT
- ------------------------------------------------------------------------------------------------------
GENEVA STEEL X
COMPANY
- ------------------------------------------------------------------------------------------------------
HAWAIIAN AIRLINES, X
INC.
- ------------------------------------------------------------------------------------------------------
INTERNATIONAL X
COMFORT PRODUCTS
- ------------------------------------------------------------------------------------------------------
COLUMN TOTALS
- ------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
Page 1 of 2 Name of Reporting Manager Bay Harbour Management
----------------------
- -----------------------------------------------------------------------------------------------------------------------------------
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6:
Name of Issuer Title of CUSIP Fair Market Shares of Principal Investment Discretion
Class Number Value Amount
- -----------------------------------------------------------------------------------------------------------------------------------
(a) Sole (b) Shared- (c) Shared-
As Defined Other
in instr. V.
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
KASPER A.S.L., Common 485808109 2,470,588 637,571 X
LTD.
- -----------------------------------------------------------------------------------------------------------------------------------
LADY LUCK GAMING Common 505820308 366,500 73,300 X
CORPORATION
- -----------------------------------------------------------------------------------------------------------------------------------
NEXTWAVE Common 461713208 8,154,500 10,872,666 X
TELECOM INC.
- -----------------------------------------------------------------------------------------------------------------------------------
NOMAS CORPORATION Common 487,566 81,261 X
- -----------------------------------------------------------------------------------------------------------------------------------
NSM STEEL INC. Warrant 629844119 0 29,906,435 X
- -----------------------------------------------------------------------------------------------------------------------------------
PEOPLE'S CHOICE TV Common 710847104 2,699,900 881,600 X
CORP.
- -----------------------------------------------------------------------------------------------------------------------------------
PEOPLE'S CHOICE TV Warrant 710847112 0 3,500 X
CORP.
- -----------------------------------------------------------------------------------------------------------------------------------
SPECIALTY EQUIPMENT Common 847497203 11,395,313 412,500 X
COMPANIES INC.
- -----------------------------------------------------------------------------------------------------------------------------------
THOUSAND TRAILS, Common 885502104 390,994 89,370 X
INC.
- -----------------------------------------------------------------------------------------------------------------------------------
TOPS APPLIANCE Common 890910102 8,314,829 6,047,148 X
CITY INC.
- -----------------------------------------------------------------------------------------------------------------------------------
TRUMP HOTELS & Common 898168109 5,586,000 1,396,500 X
CASINO RESORTS, INC.
- -----------------------------------------------------------------------------------------------------------------------------------
WALTER INDUSTRIES Common 93317Q105 20,368,924 1,810,571 X
INC.
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 60,235,114
- -----------------------------------------------------------------------------------------------------------------------------------
AGGREGATE
TOTALS 130,507,010
- -----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
---------------------------------
(SEC USE ONLY)
- ------------------------------------------------------------------------------------------------------
Item 7: Item 8:
Managers Voting Authority (Shares}
See Instr. V
- ------------------------------------------------------------------------------------------------------
(a) Sole (b) Shared (c) None
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
KASPER A.S.L., X
LTD.
- ------------------------------------------------------------------------------------------------------
LADY LUCK GAMING X
CORPORATION
- ------------------------------------------------------------------------------------------------------
NEXTWAVE X
TELECOM INC.
- ------------------------------------------------------------------------------------------------------
NOMAS CORPORATION X
- ------------------------------------------------------------------------------------------------------
NSM STEEL INC. X
- ------------------------------------------------------------------------------------------------------
PEOPLE'S CHOICE TV X
CORP.
- ------------------------------------------------------------------------------------------------------
PEOPLE'S CHOICE TV X
CORP.
- ------------------------------------------------------------------------------------------------------
SPECIALTY EQUIPMENT X
COMPANIES INC.
- ------------------------------------------------------------------------------------------------------
THOUSAND TRAILS, X
INC.
- ------------------------------------------------------------------------------------------------------
TOPS APPLIANCE X
CITY INC.
- ------------------------------------------------------------------------------------------------------
TRUMP HOTELS & X
CASINO RESORTS, INC.
- ------------------------------------------------------------------------------------------------------
WALTER INDUSTRIES X
INC.
- ------------------------------------------------------------------------------------------------------
COLUMN TOTALS
- ------------------------------------------------------------------------------------------------------
AGGREGATE
TOTALS
- ------------------------------------------------------------------------------------------------------
</TABLE>
