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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8)*
COMMERCIAL FEDERAL CORPORATION
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(Name of Issuer)
COMMON STOCK $.01 PAR VALUE
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(Title of Class of Securities)
201647104
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(CUSIP Number)
ROBIN R. GLACKIN, PRESIDENT
CAI CORPORATION, 12770 COIT ROAD, SUITE 902, DALLAS, TX 75251 214/991-7707
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
JULY 12, 1995
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(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 / /.
Check the following box if a fee is being paid with the statement / /. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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 purpose 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 1 of 8 Pages
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SCHEDULE 13D
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CUSIP No. 201647104 Page 2 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAI CORPORATION
75-2311313
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
0.0.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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7 SOLE VOTING POWER
NUMBER OF 1,250,100
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY - 0 -
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 1,250,100
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- 0 -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,100
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.71%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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SCHEDULE 13D
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CUSIP No. 201647104 Page 3 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STEVEN M. ELLIS
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
Mr. Ellis holds his interest through CAI Corporation of
which he is owner of 1/3 of the outstanding voting shares.
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
0.0.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF - 0 -
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,250,100
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,250,100
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,100
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.71%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13D
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CUSIP No. 201647104 Page 4 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ROBIN R. GLACKIN
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
Mr. Glackin's interest is held through CAI Corporation, of
which he is owner of 1/3 of the outstanding voting shares.
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
0.0.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF - 0 -
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,250,100
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,250,100
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,100
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.71%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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SCHEDULE 13D
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CUSIP No. 201647104 Page 5 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BYRON A. LAX
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
Mr. Lax holds his interest through CAI Corporation, of
which he is the owner of 1/3 of the outstanding voting shares.
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
0.0.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF - 0 -
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,250,100
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,250,100
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,100
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.71%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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CUSIP No. 201647104 Page 6 of 8 Pages
SCHEDULE 13D--AMENDMENT NO. 8
The undersigned hereby amend the Schedule 13D filing made on February
13, 1992 (the "Schedule 13D") pursuant to Rule 13d-2(a) of Regulation 13D-G
of the General Rules and Regulations under the Securities Exchange Act of
1934, as amended (the "1934 Act"), as amended by Amendment No. 1 thereto
dated February 18, 1992 ("Amendment No. 1"), Amendment No. 2 thereto dated
March 23, 1992 ("Amendment No. 2"), Amendment No. 3 thereto dated January 21,
1993 ("Amendment No. 3"), as amended by Amendment No. 4 thereto dated May 4,
1993 ("Amendment No. 4"), as amended by Amendment No. 5 thereto dated June
15, 1993 ("Amendment No. 5"), as amended by Amendment No. 6 thereto dated
October 1, 1993 ("Amendment No. 6"), and as amended by Amendment No. 7
thereto dated October 6, 1993 ("Amendment No. 7") (the Schedule 13D, as
amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No.
4, Amendment No. 5, Amendment No. 6, and Amendment No. 7, the "Amended
Schedule 13D"), with regard to the Common Stock of Commercial Federal
Corporation ("CFC") by supplementing Item 4 of the Amended Schedule 13D as
set forth below (terms defined in Amendment No. 4 are used herein with the
same meaning):
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby supplemented and amended by adding thereto the following:
On July 12, 1995, CAI requested that the Board of Directors of CFC
include two nominees selected by CAI among the three management nominees for
election to the CFC Board
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CUSIP No. 201647104 Page 7 of 8 Pages
of Directors at the Annual Meeting of Shareholders of CFC to be held November
21, 1995 and that CFC include these two nominees along with the other CFC
nominee in CFC's proxy statement relating to the meeting. The two CAI
nominees are Steven M. Ellis and Robin R. Glackin.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following Exhibit is filed herewith:
12. Letter from CAI to CFC dated July 12, 1995 requesting that CFC
management include among its nominees for election to the CFC Board
of Directors two nominees selected by CAI and requesting that these
nominees be listed along with the other CFC nominee in CFC's proxy
statement for the Annual Meeting of CFC Shareholders to be held on
November 21, 1995.
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CUSIP No. 201647104 Page 8 of 8 Pages
SIGNATURES AND POWER OF ATTORNEY
After reasonable inquiry and to the best of the undersigneds' knowledge
and belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Date: July 12, 1995 STEVEN M. ELLIS*
ROBIN R. GLACKIN*
BYRON A. LAX*
/s/ ROBIN R. GLACKIN
___________________________________________
* By Robin R. Glackin, attorney-in-fact,
pursuant to power of attorney filed as part
of Amendment No. 7 to this statement.
Date: July 12, 1995 CAI CORPORATION
/s/ ROBIN R. GLACKIN
By:__________________________________________
Robin R. Glackin, President
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EXHIBIT 12
CAI CORPORATION
12770 Coit Road, Suite 902 * Dallas, Texas 75251
214-991-7720 * Fax: 214-991-8922
July 12, 1995
Mr. William A. Fitzgerald
Chairman and Chief Executive Officer
Commercial Federal Corporation
2120 South 72nd Street
Omaha, Nebraska 68124
Re: Nomination of Directors of Commercial Federal Corporation
Dear Bill:
This letter is to confirm that on July 12, 1995, we requested that the
Board of Directors of Commercial Federal Corporation ("CFC") include two
nominees selected by CAI Corporation among the three management nominees for
election to the CFC Board of Directors at the Annual Meeting of Shareholders
of CFC to be held on November 21, 1995. The two CAI nominees are Steven M.
Ellis and Robin R. Glackin. CAI respectfully requests that these two nominees
be listed along with the other CFC nominee in CFC's proxy statement relating
to the meeting.
As we discussed, we are requesting this Board representation because we
believe that these two individuals are qualified to represent the interests
of all of the shareholders, including CAI, which is the largest single
shareholder of CFC. We believe that our nominees will have ideas for the
enhancement of shareholder value that deserve consideration by the Board.
You advised us that the Executive Committee of the CFC Board of
Directors is scheduled to meet at the end of this month and that you will
respond to our request by August 2, 1995. We look forward to your response.
If you have any questions, please contact the undersigned at the above
address or telephone number.
Very truly yours,
Robin R. Glackin
President
