<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Curtiss-Wright Corporation
________________________________________________________________________________
(Name of Issuer)
Common Stock
________________________________________________________________________________
(Title of Class of Securities)
231561 10 1
_______________________________________________________________
(CUSIP Number)
Scott Renwick One East Wacker Drive
(312) 661-4520 Chicago, IL 60601
________________________________________________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 4, 1996
_______________________________________________________________
(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).
(Continued on following page(s))
<PAGE>
- ------------------------
CUSIP NO. 231561 10 1 13D
- ------------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Unitrin, Inc.
95-4255452
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
WC
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
2,191,200
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
2,191,200
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,191,200
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
43.1%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
HC, CO
- ------------------------------------------------------------------------------
<PAGE>
- -----------------------
CUSIP NO. 231561 10 1 13D
- -----------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trinity Universal Insurance Company
75-0620550
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Texas
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
0
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
14
IC, CO
- ------------------------------------------------------------------------------
<PAGE>
Amendment No. 3 to Schedule 13D
The information reported previously in Unitrin's Schedule 13D, dated April
6, 1990 and in Amendment No. 1 thereto, dated February 28, 1996, and Amendment
No. 2 thereto, dated March 15, 1996, is supplemented with the following
information. Such Schedule 13D, as so amended, is hereafter referred to as the
"1990 13D." This first electronically filed Amendment restates the 1990 13D as
of December 4, 1996, in accordance with Rule 13d-2(c).
Item 1. Security and Issuer
Common Stock, $1 par value ("Common Stock") of Curtiss-Wright Corporation,
1200 Wall Street West, Lyndhurst, New Jersey 07071 (the "Issuer").
Item 2. Identity and Background
The persons filing this schedule are:
(1) Unitrin, Inc., One East Wacker Drive, Chicago, Illinois 60601
("Unitrin"), a Delaware corporation whose principal activity is holding the
stock of finance and insurance subsidiaries.
For additional information concerning the directors and executive officers
of Unitrin, see Schedule UNIT attached hereto and incorporated herein.
(2) Trinity Universal Insurance Company, 10000 North Central Expressway,
Dallas, Texas 75231 ("Trinity"), a Texas corporation primarily engaged in the
business of underwriting property and casualty insurance. Trinity is a wholly-
owned subsidiary of Unitrin.
No filing person has been convicted in any criminal proceeding (excluding
traffic violations or similar misdemeanors) during the past five years; nor, to
the best knowledge and belief of Unitrin, has anyone listed in the attached
Schedule been convicted in such proceedings.
To the best knowledge and belief of Unitrin, during the past five years no
filing person nor anyone listed on the attached Schedule was a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
As further described in Item 5, on December 4, 1996, Unitrin purchased
1,059,492 shares of the Issuer's Common Stock from Unitrin's wholly-owned
subsidiary, Trinity. Unitrin used general corporate funds to effect the
purchase.
Item 4. Purpose of Transaction
The shares reported herein are held for investment. Unitrin has no plans or
proposals which relate to Item 4(a) through (j). Future investment
considerations by Unitrin might or might not result in the acquisitions of
additional securities of the Issuer or the disposition of securities of the
Issuer.
<PAGE>
Item 5. Interest in Securities of the Issuer
On December 4, 1996, Trinity, a wholly-owned subsidiary of Unitrin,
transferred to Unitrin 1,059,492 shares of the Issuer's Common Stock,
representing all of Trinity's holdings in the Issuer's Common Stock. Prior to
this transfer, Unitrin beneficially owned 1,131,708 shares of the Issuer's
Common Stock directly and 1,059,492 indirectly through Trinity, or a total of
2,191,200 shares. Thus, the reported transfer merely changes Unitrin's interest
in the transferred shares from indirect to direct.
Unitrin has sole voting and sole dispositive powers with respect to all of
the shares of the Issuer's Common Stock held by it, which represent
approximately 43.1% of the Issuer's outstanding Common Stock.
To the best knowledge of Unitrin, none of its executive officers or
directors beneficially owns any shares of the Issuer's Common Stock.
As a result of the transfer described above, Trinity ceased to be the
beneficial owner of any shares of the Issuer's Common Stock on December 4, 1996.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
Not applicable.
Item 7. Material to be Filed as Exhibits.
No exhibits are filed with this Amendment. Exhibits filed in paper form
with the 1990 13D are not restated herein by reason of the exclusion contained
in Rule 13d-2(c).
Signature
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.
DATE: December 12, 1996 UNITRIN, INC.
By: /s/Scott Renwick
-------------------------
Scott Renwick
Secretary
TRINITY UNIVERSAL INSURANCE COMPANY
By: /s/Thomas H. Maloney
-------------------------
Thomas H. Maloney
Vice President
<PAGE>
SCHEDULE UNIT
UNITRIN, INC.
- -------------------------------------------------------------------------------
POSITION WITH UNITRIN
NAME (ALL U.S. (PRINCIPAL OCCUPATION, IF
CITIZENS UNLESS BUSINESS DIFFERENT, PRESENTED IN
OTHERWISE NOTED) ADDRESS FOOTNOTES)
- -------------------------------------------------------------------------------
James E. Annable (6) Director
- -------------------------------------------------------------------------------
David F. Bengston (1) Vice President
- -------------------------------------------------------------------------------
James W. Burkett (5) Vice President
- -------------------------------------------------------------------------------
Eric J. Draut (1) Treasurer
- -------------------------------------------------------------------------------
Reuben L. Hedlund (7) Director
- -------------------------------------------------------------------------------
Jerrold V. Jerome (1) Director and Chairman
of the Board
- -------------------------------------------------------------------------------
Thomas H. Maloney (1) Vice President and General
Counsel
- -------------------------------------------------------------------------------
Scott Renwick (1) Secretary
- -------------------------------------------------------------------------------
George A. Roberts (2) Director
- -------------------------------------------------------------------------------
Fayez S. Sarofim (3) Director
- -------------------------------------------------------------------------------
Henry E. Singleton (4) Director
- -------------------------------------------------------------------------------
Richard C. Vie (1) Director, President and Chief
Executive Officer
- -------------------------------------------------------------------------------
(1) One East Wacker Drive, Chicago, Illinois 60601.
(2) Dr. Roberts is a retired executive. P.O. Box 3041, Stateline, Nevada
89449.
(3) Mr. Sarofim is the Chairman of the Board and President of Fayez Sarofim &
Co., a registered investment advisor. Two Houston Center, Suite 2907,
Houston, Texas 77010.
(4) Dr. Singleton is a rancher and investor. 335 N. Maple Drive, Suite 177,
Beverly Hills, California 90210.
(5) Mr. Burkett is also President of Trinity Universal Insurance Company, a
subsidiary of Unitrin. 10000 North Central Expressway, Dallas, Texas 75231.
(6) Mr. Annable is Senior Vice President and Chief Economist of The First
National Bank of Chicago and First Chicago/NBD Corporation. One First
National Plaza, Suite 0476, 18th Floor, Chicago, Illinois 60670.
(7) Mr. Hedlund is a partner of the law firm of Hedlund, Hanley & John. Sears
Tower, Suite 5700, Chicago, Illinois 60606.
