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OMB APPROVAL
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OMB Number....3235-0287
Expires:.December 31, 2001
Estimated average burden
hours per reponse:.....0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 of
Section 30(f) of the Investment Company Act of 1940
FORM 4
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Trident Rowan Group, Inc
Two Worlds Fair Drive
Somerset, New Jersey 08873
2. Issuer Name and Ticker or Trading Symbol
Moto Guzzi Corporation - GUZI
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
02/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
SEC 1474 (7-96)
(Over)
<PAGE>
<TABLE>
<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Series B Preferred | $5.00 |02/25/| P | | 35,000 | | | | Common |700,000|$100.00| 35,000 | D | (1) |
| |00 | | | | | | | | | | | | |
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Series B Preferred | $5.00 |02/25/| P | | 20,000 | | | | Common |400,000|$100.00| 20,000 |D,I| (2) |
| |00 | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) Shares held directly by Trident Rowan Group, Inc. ("TRG").
(2) The number of shares reported represent the gross beneficial ownership
interest of OAM S.p.A. ("OAM") in the securities of the Issuer. TRG is the
controlling shareholder of OAM. Pursuant to Instruction 4(b)(iv) to Form 4, the
entire amount of the beneficial interest of OAM is being reported by TRG.
/s/ Mark Hauser, Co-Chief Executive Officer
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**Signature of Reporting Person
03/10/00
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Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential perons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a curently
valid OMB Number
Page 2
SEC 1474 (7/96)
<PAGE>
Joint Filer Information
Name: OAM S.p.A.
Address: Via Fieno 8, 20121 Milan, Italy
Designated Filer: Trident Rowan Group, Inc.
Statement for Month/Year: February 2000
Issuer and Ticker Symbol: Moto Guzzi Corporation - GUZI
Signature:
OAM S.p.A.
By: /s/ Carlo Garavaglia 03/10/00
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Carlo Garavaglia Date
President
