UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No.1 )*
--------------------
EMCOR GROUP, INC.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
29084Q-10-0
(CUSIP Number)
Harold O. Levy
Director - Global Compliance
Citigroup Inc.
425 Park Avenue
New York, NY 10043
(212) 793-7212
(Name, address and telephone number of person
authorized to receive notices and communications)
June 3, 1999
(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(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
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* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
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CUSIP No. 29084Q100 Page 2 of 8 Pages
- ------------------------ -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Salomon Brothers Asset Management Inc
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 0
NUMBER OF
---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER 435,259*
BENEFICIALLY
OWNED BY
---------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
---------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 435,259*
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 435,259*
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.3%*
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA
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* Assumes conversion of certain securities held.
<PAGE>
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CUSIP No. 29084Q100 Page 3 of 8 Pages
- ------------------------ -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Salomon Brothers Holding Company Inc
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 0
NUMBER OF
---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER 435,265*
BENEFICIALLY
OWNED BY
---------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
---------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 435,265*
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 435,265*
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.3%*
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO
- --------------------------------------------------------------------------------
* Assumes conversion of certain securities held.
<PAGE>
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CUSIP No. 29084Q100 Page 4 of 8 Pages
- ------------------------ -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Salomon Smith Barney Holdings Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 0
NUMBER OF
---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER 438,373*
BENEFICIALLY
OWNED BY
---------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
---------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 438,373*
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 438,373*
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.3%*
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC
- --------------------------------------------------------------------------------
* Assumes conversion of certain securities held.
<PAGE>
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CUSIP No. 29084Q100 Page 5 of 8 Pages
- ------------------------ -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Citigroup Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 0
NUMBER OF
---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER 767,561*
BENEFICIALLY
OWNED BY
---------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 0
REPORTING
---------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 767,561*
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 767,561*
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%*
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC
- --------------------------------------------------------------------------------
* Assumes conversion of certain securities held.
<PAGE>
This Amendment No. 1 to the statement on Schedule 13D, dated May 17, 1999
(the "Schedule 13D"), of Citigroup Inc. is being filed with respect to the
common stock, par value $.01 per share (the "Common Stock") of Emcor Group, Inc.
a Deleware corporation (the "issuer").
Interest in Securities of the Issuer.
(a) and (b) This item as set forth in the Schedule 13D is deleted
and the following is inserted in its place:
As of June 3, 1999, SBAM may be deemed to beneficially own 626,690 shares
of Common Stock, which includes 557,790 shares of Common Stock issuable upon
conversion of certain convertible securities (the "Convertible Securities"),
representing 6.1% of the outstanding shares of such class (based on 9,667,003
shares of Common Stock outstanding as of April 30, 1999); SBHC may be deemed
to beneficially own 626,696 shares of Common Stock, which includes 557,796
shares of Common Stock issuable upon conversion of Convertible Securities,
representing 6.1% of the outstanding shares of such class; SSBH, exclusively
through its holding company structure, may be deemed to beneficially own 717,839
shares of Common Stock, which includes 560,539 shares of Common Stock issuable
upon conversion of Convertible Securities, representing 7.0% of the outstanding
shares of such class; and Citigroup, exclusively through its holding company
structure, may be deemed to beneficially own 1, 047,026 shares of Common Stock,
which includes 889,726 shares of Common Stock issuable upon conversion of
Convertible Securities, representing 9.9% of the outstanding shares of such
class.
As of June 7, 1999, SBAM may be deemed to beneficially own 528,167 shares
of Common Stock, which includes 499,267 shares of Common Stock issuable upon
conversion of certain convertible securities (the "Convertible Securities"),
representing 5.2% of the outstanding shares of such class (based on 9,667,003
shares of Common Stock outstanding as of April 30, 1999); SBHC may be deemed
to beneficially own 528,173 Shares of common Stock, which includes 499,273
shares of Common Stock issuable upon conversion of Convertible Securities,
representing 5.2% of the outstanding shares of such class; SSBH, exclusively
through its holding company structure, may be deemed to benefically own
579,816 shares of Common Stock which includes 502,016 shares of Common Stock
issuable upon conversion of Convertible Securities, representing 5.7 of the
outstanding shares of such class; and Citigroup, exclusively through its holding
company structure, may be deemed to beneficially own 908,998 shares of Common
Stock, which includes 831,198 shares of Common Stock issuable upon conversion of
Convertible Securities, representing 8.7% of the outstanding shares of such
class.
Page 6
<PAGE>
As of June 15, 1999, SBAM may be deemed to beneficially own 435,259
shares of Common Stock, which includes 435,259 shares of Common Stock issuable
upon conversion of certain convertible securities (the "Convertible
Securities"), representing 4.3% of the outstanding shares of such class (based
on 9,667,003 shares of Common Stock outstanding as of April 30, 1999); SBHC may
be deemed to beneficially own 435,265 Shares of common Stock, which includes
435,265 shares of Common Stock issuable upon conversion of Convertible
Securities, representing 4.3% of the outstanding shares of such class; SSBH,
exclusively through its holding company structure, may be deemed to benefically
own 438,373 shares of Common Stock which includes 438,373 shares of Common Stock
issuable upon conversion of Convertible Securities, representing 4.3 of the
outstanding shares of such class; and Citigroup, exclusively through its holding
company structure, may be deemed to beneficially own 767,561 shares of Common
Stock, which includes 767,561 shares of Common Stock issuable upon conversion of
Convertible Securities, representing 7.4% of the outstanding shares of such
class.
Except as set forth or incorporated by reference herein, none of the
Reporting Persons or, to the best knowledge of the Reporting Persons, the
persons listed in Annexes A and B hereto, beneficially owned any Common Stock or
Convertible Securities.
(c) Subsidiaries of Citigroup made no purchases or sales of Common
Stock or Convertible Securities from May 17, 1999 through June 15, 1999, other
than purchases and sales made for third party accounts or mutual funds.
(d) and (e) Not applicable.
Page 7
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: June 16, 1999
SALOMON BROTHERS ASSET MANAGEMENT INC
By: /s/ Howard M. Darmstadter
-------------------------
Name: Howard M. Darmstadter
Title: Assistant Secretary
SALOMON BROTHERS HOLDING COMPANY INC
By: /s/ Howard M. Darmstadter
-------------------------
Name: Howard M. Darmstadter
Title: Assistant Secretary
SALOMON SMITH BARNEY HOLDINGS INC.
By: /s/ Howard M. Darmstadter
-------------------------
Name: Howard M. Darmstadter
Title: Assistant Secretary
CITIGROUP INC.
By: /s/ Glenn S. Gray
------------------------
Name: Glenn S. Gray
Title: Assistant Secretary
Page 8
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