SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 3
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)
See Items 4 and 5
-----------------
(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 45,600/1/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
45,600/1/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,600 (See Item 5)/1/
- --------------------------------------------------------------------------------
- -----------------
/1/ 776,468 shares including 702,675 shares of Class A Common Stock (the "Common
Stock") issuable upon conversion of 168,642 shares of the Issuer's Series A 10%
Cumulative Convertible Preferred Stock (the "Preferred Stock") and 28,193 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/ 60.4% 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 45,432/3/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
45,432/3/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,432 (See Item 5)/3/
- --------------------------------------------------------------------------------
- -----------------
/3/ 775,438 shares including 701,500 shares of Common Stock issuable upon
conversion of 168,360 shares of the Issuer's Preferred Stock and 28,506 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)
8.2%/4/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
/4/ 60.3% 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 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 741/5/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
741/5/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
741 (See Item 5)/5/
- --------------------------------------------------------------------------------
- -----------------
/5/ 12,761 shares including 11,592 shares of Common Stock issuable upon
conversion of 2,782 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/ 2.3% 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 15,900/7/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
15,900/7/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,900 (See Item 5)/7/
- --------------------------------------------------------------------------------
- -----------------
/7/ 267,361 shares including 241,908 shares of Common Stock issuable upon
conversion of 58,058 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/ 33.1% 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 48/9/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING 107,673 (See Item 5)/10/
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
48/9/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
107,673 (See Item 5)/10/
/9/ 825 shares including 746 shares of Common Stock issuable upon conversion of
179 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/ 1,832,028 shares including 1,657,675 shares of Common Stock issuable upon
conversion of 397,842 shares of Preferred Stock and 66,680 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
107,721 (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)
19.4%/12/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
/11/ 1,832,853 shares including 1,658,421 shares of Common Stock issuable upon
conversion of 397,842 shares of Preferred Stock that are owned or may be deemed
to be beneficially owned by Mr. Mackey (see Item 5).
/12/ 80.4% including shares of Common Stock issuable upon the conversion of the
Preferred Stock and the exercise of Class A Warrants.
<PAGE>
Page 12 of 16 Pages
Amendment No. 3 to Schedule 13D
-------------------------------
This amends the Schedule 13D dated June 22, 1998, as amended
and restated by Amendment No. 2 dated September 17, 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. 3, 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 October 15, 1998, the Reporting
Persons received additional shares of Common Stock and Preferred Stock, and
shares of the Company's Class C Common Stock (the "Class C Common Stock"), as
well as additional warrants to acquire Common Stock (the "Class A Warrants") and
additional warrants to acquire the 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.
<TABLE>
<CAPTION>
Reporting Common Preferred Class A Class C Class C
Person Stock Stock Warrants Common Stock Warrants
- ------ ----- ----- -------- ------------ --------
<S> <C> <C> <C> <C> <C>
CoMac Partners 5,273 14,300 1,208 4,134 3,208
CoMac International 4,442 11,443 725 3,878 1,944
CoMac Opportunities 34 78 0 37 0
CoMac Endowment 1,808 4,119 0 1,957 0
Christopher M. Mackey 3 6 0 3 0
</TABLE>
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.
<PAGE>
Page 13 of 16 Pages
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 107,721 shares
of Common Stock, representing approximately 19.4% of the shares of the
outstanding Common Stock. /13/ The Reporting Persons also own (i) an aggregate
of 398,021 shares of Preferred Stock, and (ii) Class A Warrants to acquire an
aggregate of 66,711 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 80.4% 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 45,600 8.2
CoMac International 45,432 8.2
CoMac Opportunities 741 .1
CoMac Endowment 15,900 2.9
Christopher M. Mackey 48 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 555,802 shares of Common Stock outstanding reported in the
Company's Quarterly Report on Form 10-Q for the quarter ended September 30,
1998.
<PAGE>
Page 14 of 16 Pages
<TABLE>
<CAPTION>
Shares of
Reporting Common Stock Percentage of
Person Shares of Class A Beneficially Outstanding
Preferred Stock Warrants Owned Common Stock
--------------- -------- ----- ------------
<S> <C> <C> <C> <C>
CoMac Partners 168,642 28,193 776,468 60.4
CoMac International 168,360 28,506 775,438 60.3
CoMac Opportunities 2,782 428 12,761 2.3
CoMac Endowment 58,058 9,553 267,361 33.1
Christopher M. Mackey 179 31 825 .2
</TABLE>
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 October 15, 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 by adding the following at
the end thereof:
The Reporting Persons have received a distribution of Class A
Warrants and Class C Warrants pursuant to the Plan. See Items 4 and 5.
<PAGE>
Page 15 of 16 Pages
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: March 19, 1999
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
<PAGE>
Page 16 of 16 Pages
COMAC OPPORTUNITIES FUND, L.P.
By: CoMac Associates, L.P.,
general partner of CoMac Opportunities
Fund, L.P.
By: CoMac Advisers, Inc.,
general partner of CoMac Associates, L.P.
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
/s/ Christopher M. Mackey
----------------------------
Name: Christopher M. Mackey
