SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934 *
(Amendment No. 1)
Oglebay Norton Company
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock $1.00 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
677007106
- --------------------------------------------------------------------------------
(CUSIP Number)
A. Alex Porter and Paul Orlin
Porter, Felleman Inc.
100 Park Avenue, Suite 2120
New York, NY 10017
212/689-1203
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 10, 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), 13d-1(f) or 13d-1(g), check the
following box / /.
(Continued on the following pages)
(Page 1 of 7 Pages)
<PAGE>
- ------------------- ---------------------
CUSIP No. 677007106 13D Page 2 of 7 Pages
- ------------------- ---------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
A. ALEX PORTER
PAUL ORLIN
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
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
U.S.A.
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 338,500
SHARES --------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 338,500
WITH --------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
338,500
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.021%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 1 is filed by A. Alex Porter and Paul Orlin to amend
the Schedule 13D filed on March 2, 1999 by A. Alex Porter and Paul Orlin
relating to the common stock, par value $1.00 per share, of Oglebay Norton Co.
This Amendment is filed to report the acquisition of additional shares of the
issuer's stock.
Item 3. Source and Amount of Funds or Other Consideration.
- -----------------------------------------------------------
The amounts of funds used by Amici Associates and The Collector's Fund
(together "the Partnerships") and Porter, Felleman Inc. ("PFI") to acquire the
shares of Common Stock described in Item 5(a) are set forth in Exhibit 1 of this
filing. The funds for the acquisition of shares on behalf of each of the
partnerships were obtained from the working capital of each of the Partnerships.
The funds for the acquisition of shares acquired on behalf of PFI were obtained
from the equity capital of PFI.
3
<PAGE>
Item 5. Interest in Securities of the Issuer
- ---------------------------------------------
(a) The aggregate number and percentage of shares outstanding of Common
Stock beneficially owned by each of the Reporting Persons are set forth below.
These percentages are computed based on the Issuer's shares of Common Stock
outstanding (4,820,966) as of the close of business on April 30, 1999 as set
forth in the Issuer's Form 10-Q filed for the period ending March 31, 1999.
Reporting Persons Beneficially Owned Outstanding Shares
- ----------------- ------------------ ------------------
Amici Associates 255,800 5.306%
The Collectors' Fund 58,100 1.205
Porter, Felleman Inc. 24,600 0.510
A. Alex Porter 338,500 7.021
Paul Orlin 338,500 7.021
(b) Messrs. Porter and Orlin, as General Partners of the Partnerships
and Principals of PFI, have sole power to vote, direct the vote, dispose and
direct the disposition of such shares. Each of the Partnerships and PFI has sole
power to vote, direct the vote, dispose and direct the disposition of the shares
listed as beneficially owned by it in Item 5(a).
(c) The trade dates, number of shares and price per share of
transactions made on the part of the Reporting Persons in shares of Common Stock
within the last sixty days or since the most recent filing on Schedule 13D,
whichever is less, are set forth in Exhibit 1. The purchases set forth in
Exhibit 1 were effected by the Reporting Persons on the NASDAQ market.
4
<PAGE>
Item 7. Material to be Filed as Exhibits.
- ------------------------------------------
As reported in Items 3 and 5(a), Exhibit 1 sets forth certain
information regarding the number of shares purchased, the price per share, the
trade date, and the aggregate purchase price paid by each purchaser.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
A. Alex Porter
Dated: June 18, 1999
/s/ A. Alex Porter
--------------------------------
Paul Orlin
/s/ Paul Orlin
--------------------------------
5
<PAGE>
Exhibit 1
<TABLE>
<CAPTION>
Reporting Person Trade Date No. of Shares Purchased Price per Share Total Aggregate Price
- ---------------- ---------- ----------------------- --------------- ---------------------
<S> <C> <C> <C> <C>
Amici Associates 04/27/1999 100 22.435
Amici Associates 04/30/1999 2,100 22.435
Amici Associates 04/30/1999 7,000 22.438
Amici Associates 05/06/1999 2,500 23.898
Amici Associates 06/10/1999 18,000 23.400
Amici Associates 06/14/1999 5,000 23.623
Amici Associates 06/15/1999 2,000 23.654
Amici Associates 06/16/1999 4,000 23.563
Amici Associates $947,033.35
Collector's Fund 06/10/1999 5,000 23.400
Collector's Fund 06/11/1999 1,700 23.435
Collector's Fund $156,839.50
Porter, Felleman 06/10/1999 2,000 23.400
Porter, Felleman $ 46,800.00
</TABLE>
