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OMB APPROVAL
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OMB Number....3235-0104
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
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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 3
1. Name and Address of Reporting Person
Trident Rowan Group, Inc
Two Worlds Fair Drive
Somerset, New Jersey 08873
2. Date of Event Requiring Statement (Month/Day/Year)
03/05/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Moto Guzzi Corporation - GUZI
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
6. If Amendment, Date of Original (Month/Day/Year)
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 Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
| | | |
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Common Stock | 3,360,000 | D,I | (1) |
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| | | |
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| | | |
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| | | |
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</TABLE>
* If form is filed by more than one reporting person, see Instruction 5(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<PAGE>
<TABLE>
<CAPTION>
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | |
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| | | | | | | |
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</TABLE>
Explanation of Responses: (1) The number of shares reported represent the gross
beneficial ownership interest of OAM S.p.A. ("OAM") in the equity securities of
the Issuer. Trident Rowan Group, Inc. ("TRG") is the controlling shareholder of
OAM. Pursuant to Instruction 5(b)(iv) to Form 3, the entire amount of the
beneficial interest of OAM is being reported by TRG.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Mark Hauser, Co-Chief Executive Officer
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**Signature of Reporting Person
03/10/00
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Date
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 persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2 of 3
<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
Page 3 of 3
