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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ____1____)
NAME OF ISSUER: Nextel Communications, Inc
TITLE OF CLASS OF SECURITIES: Class A Common Stock, par value
$.001 per share.
CUSIP NO. 65332V103
Check the following box if a fee is being paid with this statement [].
(A fee is not required only if the filing 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).
* 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 the disclosures provided in a prior cover page.
The information required in 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).
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(1) NAME OF REPORTING PERSON: The Chase Manhattan Corporation
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 13-2633613
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) []
(B) [X]
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
5,112,594 Common Shares
(6) SHARED VOTING POWER:
0 Common Shares
(7) SOLE DISPOSITIVE POWER:
5,112,594 Common Shares
(8) SHARED DISPOSITIVE POWER:
0 Common Shares
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
5,112,594 Common Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
Not Applicable
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
2.844%
(12) TYPE OF REPORTING PERSON: HC
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(1) NAME OF REPORTING PERSON:
Chase Manhattan Investment Holdings, Inc.
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 51-0297003
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) []
(B) [X]
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
4,764,014 Common Shares
(6) SHARED VOTING POWER:
0 Common Shares
(7) SOLE DISPOSITIVE POWER:
4,764,014 Common Shares
(8) SHARED DISPOSITIVE POWER:
0 Common Shares
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
4,764,014 Common Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
Not Applicable
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
2.656%
(12) TYPE OF REPORTING PERSON: CO
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(1) NAME OF REPORTING PERSON: The Chase Manhattan Bank, N.A.
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 13-2633612
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) []
(B) [X]
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: United States
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
348,580 Common Shares
(6) SHARED VOTING POWER:
0 Common Shares
(7) SOLE DISPOSITIVE POWER:
348,580 Common Shares
(8) SHARED DISPOSITIVE POWER:
0 Common Shares
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
348,580 Common Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
Not Applicable
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
0.198%
(12) TYPE OF REPORTING PERSON: CO
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(1) NAME OF REPORTING PERSON: Chase Manhattan Capital Corporation
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 13-1967012
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) []
(B) [X]
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: New York
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE VOTING POWER:
1,458 Common Shares
(6) SHARED VOTING POWER:
0 Common Shares
(7) SOLE DISPOSITIVE POWER:
1,458 Common Shares
(8) SHARED DISPOSITIVE POWER:
0 Common Shares
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
1,458 Common Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
Not Applicable
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
0.00%
(12) TYPE OF REPORTING PERSON: CO
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ITEM 1 (a) NAME OF ISSUER: Nextel Communications, Inc.
ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
201 Route 17 North
Rutherford, N.J. 07070
ITEM 2 (a) NAME OF PERSON FILING:
The Chase Manhattan Corporation (CMC)
Chase Manhattan Investment Holdings, Inc. (CMIHI)
The Chase Manhattan Bank, N.A. (CMB)
Chase Manhattan Capital Corporation (CMCC)
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
One Chase Manhattan Plaza
New York, New York 10081
ITEM 2 (c) CITIZENSHIP:
State of Delaware (CMC/CMIHI)
United States (CMB)
State of New York (CMCC)
ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $.001 per share (the "Shares")
ITEM 2 (e) CUSIP NO: 65332V103
ITEM 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the persons filing are:
This statement is not being filed pursuant to Rule 13d-1(b) or
13d-2(b).
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned:
CMIHI is the beneficial owner of 4,764,014 Shares. CMCC is the
beneficial owner of 1,458 Shares. CMB is the beneficial owner of
347,122 Shares by virtue of its direct ownership of an exercisable
warrant to purchase 347,122 Shares. By virtue of its ownership of
all the outstanding common stock of CMCC, CMB may be deemed to
possess indirect beneficial ownership of the Shares beneficially
owned by CMCC. By virtue of its ownership of all the outstanding
common stock of CMB and CMIHI, CMC may be deemed to possess indirect
beneficial ownership of the Shares beneficially owned by CMB, CMIHI
and CMCC.
The filing of this Statement by CMC shall not be construed as an
admission that CMC is, for purposes of Section 13(d) or 13(g) of the
Act, the beneficial owner of any securities covered by this statement.
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(b) Percent of Class:
CMIHI is the beneficial owner of 2.656% of the outstanding class of
Nextel Shares by virtue of its direct ownership of 779,529 Shares and
an exercisable warrant to purchase 3,984,485 Shares. CMB is the
beneficial owner of 0.198% of the Shares by virtue of its direct
ownership of an exercisable warrant to purchase 347,122 Shares. CMCC
is the beneficial owner of 0.00% of the Shares. By virtue of its
ownership
of all of the outstanding common stock of CMCC, CMB may be deemed to
possess indirect beneficial ownership of the Shares beneficially owned
by CMCC. By virtue of its ownership of all of the outstanding common
stock of CMIHI and CMB, CMC may be deemed to possess indirect
beneficial ownership of the Shares beneficially owned by CMIHI, CMB
and CMCC.
The percentages calculated in this Item 4 are based upon 175,433,718
Shares outstanding as of November 1, 1995, as disclosed in Nextel's
Form 10Q for the quarter ended September 30, 1995.
(c) Number of shares as to which the Filing Persons have:
(i) sole power to vote or to direct the vote:
CMIHI has sole power to vote or to direct the vote of 4,764,014 Shares
by virtue of its direct ownership of 779,529 Shares and an exercisable
warrant to purchase 3,984,485 Shares. CMB has sole power to vote or
direct the vote of 347,122 Shares by virtue of its direct ownership of
an exercisable warrant to purchase 347,122 Shares. CMCC has sole power
to vote or direct the vote of 1,458 Shares. By virtue of its ownership
of all of the outstanding common stock of CMCC, CMB may be deemed to
possess sole power to vote or to direct the vote of the 1,458 Shares
beneficially owned by CMCC. By virtue of its ownership of all of the
outstanding common stock of CMIHI and CMB, CMC may be deemed to
possess sole power to vote or to direct the vote of the Shares
beneficially owned by CMIHI, CMB and CMCC.
(ii) shared power to vote or to direct the vote:
0 Shares
(iii) sole power to dispose or to direct the disposition of:
CMIHI has sole power to dispose or direct the disposition of 4,764,014
Shares by virtue of its direct ownership of 779,529 Shares and an
exercisable warrant to purchase 3,984,485 Shares. CMB has sole
power to dispose or direct the disposition of 347,122 Shares by virtue
of its direct ownership of an exercisable warrant to purchase 347,122
Shares. CMCC has sole power to dispose or direct the disposition of
1,458 Shares. By virtue of its ownership of all of the outstanding
common stock of CMCC, CMB may be deemed to possess sole power
to dispose or direct the disposition of the Shares beneficially owned
by CMCC. By virtue of its ownership of all of the outstanding common
stock of CMIHI and CMB, CMC may be deemed to possess sole power to
dispose or direct the disposition of the Shares beneficially owned by
CMIHI, CMB and CMCC.
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(iv) shared power to dispose or direct the disposition of:
0 Shares
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
Item 7. Identification and Classification of Subsidiaries Which Acquired
the Security Being Reported on By the Parent Holding Company:
See Exhibit 1
Item 8. Identification and classification of Members of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
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ITEM 10. CERTIFICATION:
Not Applicable
SIGNATURE: After reasonable inquiry and to the best of their
knowledge and belief, the undersigned certify that the information
set forth in this statement is true, complete and correct.
THE CHASE MANHATTAN CORPORATION
Dated: February 14, 1996 By:/s/John V. Caulfield
John V. Caulfield, Vice President
THE CHASE MANHATTAN INVESTMENT HOLDINGS, Inc.
Dated: February 14, 1996 By:/s/Sylvia D. Leary
Sylvia D. Leary, Vice President
As of: December 31, 1995
EXHIBIT INDEX
Exhibit
Number Document
1 Identification of Subsidiaries
Exhibit 1
Identification of Subsidiaries
Name Classification
Chase Manhattan Investment Holdings, Inc. CO
See also Item 4 of the Schedule 13G/A.
