SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 2
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Anchor Glass Container Corporation
----------------------------------
(Name of Issuer)
Class A Common Stock, $.10 par value
------------------------------------
(Title of Class of Securities)
033038209
---------
(CUSIP Number)
CoMac Partners, L.P.
1 Greenwich Office Park, 3rd Floor
Greenwich, CT 06831
(203) 552-6900
--------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
August 19, 1998
---------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: |_|
Page 1 of 16 pages
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 2 of 16 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Partners, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 40,327/1/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
40,327/1/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,327 (See Item 5)/1/
- --------------------------------------------------------------------------------
- -----------------
/1/ 710,404 shares including 643,092 shares of Class A Common Stock (the "Common
Stock") issuable upon conversion of 154,342 shares of the Issuer's Series A 10%
Cumulative Convertible Preferred Stock (the "Preferred Stock") and 26,985 shares
of Common Stock issuable upon the exercise of warrants (the "Class A Warrants")
owned by CoMac Partners, L.P.
<PAGE>
Page 3 of 16 Pages
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%/2/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
/2/ 61.2% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and the exercise of Class A Warrants.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 4 of 16 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac International N.V. Not Aplicable
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 40,990/3/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
40,990/3/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,990 (See Item 5)/3/
- --------------------------------------------------------------------------------
- -----------------
/3/ 722,592 shares including 653,821 shares of Common Stock issuable upon
conversion of 156,917 shares of the Issuer's Preferred Stock and 27,781 shares
of Common Stock issuable upon the exercise of Class A Warrants owned by CoMac
International N.V.
<PAGE>
Page 5 of 16 Pages
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.4%/4/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
/4/ 61.6% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and the exercise of Class A Warrants.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 6 of 16 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Opportunities Fund, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 707/5/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
707/5/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
707 (See Item 5)/5/
- --------------------------------------------------------------------------------
- -----------------
/5/ 12,402 shares including 11,267 shares of Common Stock issuable upon
conversion of 2,704 shares of the Issuer's Preferred Stock and 428 shares of
Common Stock issuable upon the exercise of Class A Warrants owned by CoMac
Opportunities Fund, L.P.
<PAGE>
Page 7 of 16 Pages
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.1%/6/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
/6/ 2.5% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and upon the exercise of Class A Warrants.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 8 of 16 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Endowment Fund, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 14,902/7/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
14,902/7/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,902 (See Item 5)/7/
- --------------------------------------------------------------------------------
- -----------------
/7/ 248,391 shares including 224,746 shares of Common Stock issuable upon
conversion of 53,939 shares of the Issuer's Preferred Stock and 9,553 shares of
Common Stock issuable upon the exercise of Class A Warrants owned by CoMac
Endowment Fund L.P.
<PAGE>
Page 9 of 16 Pages
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%/8/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
/8/ 34.3% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and the exercise of Class A Warrants.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 10 of 16 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Christopher M. Mackey
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 45/9/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING 96,116 (See Item 5)/10/
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
45/9/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
96,116 (See Item 5)/10/
/9/ 797 shares including 721 shares of Common Stock issuable upon conversion of
173 shares of the Issuer's Preferred Stock and 31 shares of Common Stock
issuable upon the exercise of Class A Warrants owned by Mr. Mackey.
/10/ 1,693,788 shares including 1,532,926 shares of Common Stock issuable upon
conversion of 367,902 shares of Preferred Stock and 64,747 shares of Common
Stock issuable upon the exercise of Class A Warrants that may be deemed to be
beneficially owned by Mr. Mackey (see Item 5).
<PAGE>
Page 11 of 16 Pages
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
96,161 (See Item 5)/11/
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.6%/12/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
/11/ 1,694,585 shares including 1,533,646 shares of Common Stock issuable upon
conversion of 368,075 shares of Preferred Stock that are owned or may be deemed
to be beneficially owned by Mr. Mackey (see Item 5).
/12/ 81.1% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and the exercise of Class A Warrants.
<PAGE>
AMENDMENT NO. 2 TO SCHEDULE 13D
-------------------------------
This amends the Schedule 13D dated June 22, 1998, as amended and
restated by Amendment No. 1 dated September __, 1998, (the "Schedule 13D") filed
by CoMac Partners, L.P., CoMac International N.V., CoMac Endowment Fund, L.P.,
CoMac Opportunities Fund, L.P. and Christopher M. Mackey (the "Reporting
Persons") with respect to the Class A Common Stock, $.10 par value (the "Common
Stock") of Anchor Glass Container Corporation, a Delaware corporation (the
"Company"). Notwithstanding this Amendment No. 2, the Schedule 13D speaks as of
its date. Capitalized terms used herein without definition have the meanings
assigned to them in the Schedule 13D.
ITEM 4 OF SCHEDULE 13D, "PURPOSE OF TRANSACTION," IS AMENDED TO ADD THE
FOLLOWING AT THE END THEREOF:
Pursuant to the Plan, on August 19, 1998, the Reporting Persons
received additional shares of Common Stock and Preferred Stock, as well as
warrants to acquire Common Stock (the "Class A Warrants") and warrants to
acquire the Company's Class C Common Stock (the "Class C Warrants" and together
with the Class A Warrants, the "Warrants") in respect of the pre-petition
indebtedness and trade claims of Anchor Resolution Corp. (formerly named Anchor
Glass Container Corporation). See Item 3. The following table sets forth the
number of shares of each security (Warrant numbers refer to the shares of the
underlying stock issuable upon exercise) received by each of the Reporting
Persons.
Reporting Common Preferred Class A Class C
Person Stock Stock Warrants Warrants
- ------ ----- ----- -------- --------
CoMac Partners 40,327 154,342 26,985 72,337
CoMac International 40,990 156,917 27,781 74,463
CoMac Opportunities 707 2,704 428 1,148
CoMac Endowment 14,092 53,939 9,553 25,606
Christopher M. Mackey 45 173 31 82
The Warrants are currently exercisable, do not require payment upon exercise and
expire on June 16, 2008. The Class C Common Stock is non-voting and is
automatically convertible into Common Stock on February 5, 2000.
ITEM 5(A) OF SCHEDULE 13D, "INTEREST IN SECURITIES OF THE ISSUER," IS AMENDED
AND RESTATED IN ITS ENTIRETY AS FOLLOWS:
(a) The Reporting Persons own an aggregate of 96,161 shares of Common
Stock, representing approximately 19.6% of the
12
<PAGE>
shares of the outstanding Common Stock./13/ The Reporting Persons also own (i)
an aggregate of 368,073 shares of Preferred Stock, and (ii) Class A Warrants to
acquire an aggregate of 64,778 shares of Common Stock. Each share of Preferred
Stock is presently convertible into 4.167 shares of Common Stock. Including the
Common Stock issuable on conversion of the Preferred Stock and upon exercise of
the Class A Warrants held by the Reporting Persons (but not the Preferred Stock
and Class A Warrants held by any other person), the Reporting Persons may be
deemed to beneficially own 81.1% of the Common Stock.
The following table sets forth the number of shares of Common Stock
directly owned by each of the Reporting Persons and the percentage of Common
Stock outstanding such ownership represents. This table does not include (i)
shares issuable upon the conversion of the Preferred Stock or (ii) shares
issuable upon the exercise of Class A Warrants.
Percentage of
Reporting Shares of Outstanding
Person Common Stock Common Stock
- ------ ------------ ------------
CoMac Partners 40,327 8.2
CoMac International 40,990 8.4
CoMac Opportunities 707 .1
CoMac Endowment 14,092 2.9
Christopher M. Mackey 45 Less than .1
The following table sets forth the number of shares of Preferred Stock
directly owned by each of the Reporting Persons and the shares of Common Stock
beneficially owned directly by each of the Reporting Persons (including shares
issuable upon conversion of the Preferred Stock and upon exercise of the Class A
Warrants) and the percentage of Common Stock outstanding such ownership
represents (including shares issuable upon the conversion of the Preferred Stock
and upon exercise of the Class A Warrants held by the Reporting Persons but not
the Preferred Stock and Class A Warrants held by any other person).
- --------
/13/ Based upon 490,898 shares of Common Stock outstanding reported in the
Company's Quarterly Report on Form 10-Q for the quarter ended June 30,
1998.
13
<PAGE>
Shares of
Common Stock Percentage of
Reporting Shares of Class A Beneficially Outstanding
Person Preferred Stock Warrants Owned Common Stock
- ------ --------------- -------- ----- ------------
CoMac Partners 154,342 26,985 710,404 61.2
CoMac International 156,917 27,781 722,592 61.6
CoMac Opportunities 2,704 428 12,402 2.5
CoMac Endowment 53,939 9,553 248,391 34.3
Christopher M. Mackey 173 31 797 .2
ITEM 5(C) OF SCHEDULE 13D, "INTEREST IN SECURITIES OF THE ISSUER," IS AMENDED TO
ADD THE FOLLOWING NEW PARAGRAPH AT THE END THEREOF:
(c) On August 19, 1998, the Reporting Persons received distributions of
Common Stock, Preferred Stock and Class A Warrants pursuant to the Plan. See
Item 4. Except for such distributions, the Reporting Persons have not effected
any transactions in the Common Stock during the past 60 days.
ITEM 6 OF SCHEDULE 13D, "CONTRACTS ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER," IS AMENDED AND RESTATED IN ITS
ENTIRETY AS FOLLOWS:
The Reporting Persons have received a distribution of Class A Warrants
and Class C Warrants pursuant to the Plan. See Items 4 and 5.
14
<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: September 17, 1998
COMAC PARTNERS, L.P.
By: CoMac Associates, L.P.,
general partner of CoMac
Partners, L.P.
By: CoMac Advisers, Inc.,
general partner of CoMac Associates, L.P.
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
COMAC INTERNATIONAL N.V.
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Director
COMAC ENDOWMENT FUND, L.P.
By: CoMac Advisers, Inc., its
general partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
15
<PAGE>
COMAC OPPORTUNITIES FUND, L.P.
By: CoMac Advisers, Inc.,
its general partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
16
