Page 1 of 11 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
ROBERT HALF INTERNATIONAL, INC.
-----------------------------------------------------
(Name of Issuer)
COMMON
-----------------------------------------------------
(Title of Class of Securities)
770323103
-----------------------------------------------------
(CUSIP Number)
Linda S. Martinson, Esq. (212) 583-2000
767 Fifth Avenue, 24th Floor, New York, NY 10153
-----------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 24, 1998
-----------------------------------------------------
(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 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
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).
SEC 1746 (12-91)<PAGE>
<PAGE>
Amendment Number 2 to Schedule 13D (continued)
CUSIP No. 770323103 Page 2 of 11 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Capital Group, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(C) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 738,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 6,248,956
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 738,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,248,956
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,986,956
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
HC, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Amendment Number 2 to Schedule 13D (continued)
CUSIP No. 770323103 Page 3 of 11 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BAMCO, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(C) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 5,061,100
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,061,100
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,061,100
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Amendment Number 2 to Schedule 13D (continued)
CUSIP No. 770323103 Page 4 of 11 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Capital Management, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(C) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 738,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,187,856
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 738,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,187,856
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,925,856
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Amendment Number 2 to Schedule 13D (continued)
CUSIP No. 770323103 Page 5 of 11 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Asset Fund
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(C) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,793,100
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,793,100
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,793,100
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV, OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Amendment Number 2 to Schedule 13D (continued)
CUSIP No. 770323103 Page 6 of 11 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ronald Baron
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(C) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 813,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 6,248,956
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 813,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,248,956
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,061,956
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.7%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 7 of 11 Pages
Item 1. Security and Issuer
(a) Name of Issuer:
Robert Half International, Inc.
(b) Address of Issuer's Principal Executive Offices:
2884 Sand Hill Road, Suite 200
Menlo Park, CA 94025
(c) Title and Class of Securities:
Common
Item 2. Identity and Background
(a) Name:
Baron Capital Group, Inc. ('BCG')
BAMCO, Inc. ('BAMCO')
Baron Capital Management, Inc. ('BCM')
Baron Asset Fund ('BAF')
Ronald Baron
(b) Business Address:
767 Fifth Avenue
New York, NY 10153
(c) Present Principal Employment:
BCG: Holding company
BAMCO: Investment adviser
BCM: Investment adviser
BAF: Registered investment company
Ronald Baron: President: BCG, BAMCO, BCM; CEO OF BAF
767 Fifth Avenue
New York, NY 10153
(d) Record of Convictions:
No material change.
(e) Record of Civil Proceedings:
No material change.
(f) Citizenship:
No material change.
Item 3. Source and Amount of Funds or Other Consideration
Reporting Person owns 75,000 shares of the issuer directly,
purchased by cash for an aggregate price of $382,692.
BAMCO directed the purchase of 5,061,100 shares of the Issuer
for its investment advisory clients for an aggregate purchase
price of $123,801,973. Of those shares, 4,793,100 were purchased
for the account of BAF for a total purchase price of $119,431,815.
BCM directed the purchase of 1,187,856 shares of the issuer for
its investment advisory clients for an aggregate purchase price
of $24,033,885 and 738,000 shares of the issuer for two investment
partnerships for an aggregate purchase price of $5,800,552.
All of the shares were paid for by cash assets in
the respective clients' accounts and/or by margin borrowings
pursuant to standard margin agreements.
Item 4. Purpose of Transaction
No material change.<PAGE>
<PAGE>
Page 8 of 11 Pages
Item 5. Interest in Securities of the Issuer
(a) Amount and percentage beneficially owned:*
BCG: 6,986,956 7.6%
BAMCO: 5,061,100 5.5%
BCM: 1,925,856 2.1%
BAF: 4,793,100 5.2%
Ronald Baron: 7,061,956 7.7%
(b) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
BCG: 738,000
BAMCO: 0
BCM: 738,000
BAF: 0
Ronald Baron: 813,000
(ii) shared power to vote or direct the vote:
BCG: 6,248,956
BAMCO: 5,061,100
BCM: 1,187,856
BAF: 4,793,100
Ronald Baron: 6,248,956
(iii) sole power to dispose or to direct the disposition:
BCG: 738,000
BAMCO: 0
BCM: 738,000
BAF: 0
Ronald Baron: 813,000
(iv) shared power to dispose or direct the disposition:
BCG: 6,248,956
BAMCO: 5,061,100
BCM: 1,187,856
BAF: 4,793,100
Ronald Baron: 6,248,956
*Reporting Persons may be deemed to share power to vote and
dispose of shares referred to herein as a result of control
relationships (BCG and Ronald Baron with respect to all of
the shares; BAMCO with respect to the BAF shares) and
pursuant to investment advisory relationships with advisory
clients. Reporting Persons disclaim beneficial ownership of
the shares for which they share power.
(c) A schedule of transactions effected in the last forty-eight days
is attached hereto.
<PAGE>
<PAGE>
Page 9 of 11 Pages
(d) Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
(e) Ownership of Less than Five Percent:
Filing Persons have ceased being the beneficial owners of more
than 5% of the class of securities reported herein.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
No material change.
Item 7. Material to be Filed as Exhibits
Exhibit 99 - 48 days of trading.
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 30, 1998
Baron Capital Group, Inc., BAMCO, Inc.,
Baron Capital Management, Inc. and
Baron Assert Fund
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron, President
Ronald Baron, Individually
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron
Transaction Schedule
From 11-07-98 To 12-24-98
Exec.
Date Acct ID Trans Qty Price
- -------- ------- ----- ------- -------
11-10-98 bamco buy 15,000 45.1667
11-10-98 bcm buy 6,500 45.9183
11-11-98 bamco buy 15,000 45.9969
11-11-98 bamco buy 150 45.9969
11-12-98 bamco buy 5,000 45.1250
11-13-98 bamco buy 15,000 45.4396
11-13-98 bamco buy 15,000 45.1992
11-16-98 bamco buy 25,000 45.0984
11-16-98 bcm buy 15,000 45.0984
11-16-98 bamco buy 200 45.5625
11-17-98 bamco buy 10,000 45.0000
11-18-98 bamco buy 15,000 44.9792
11-19-98 bamco buy 20,000 45.2063
11-20-98 bamco buy 10,000 45.2344
11-23-98 bamco buy 5,000 47.1125
11-23-98 bamco buy 5,000 46.0438
11-24-98 bcm buy 5,000 47.5625
11-27-98 bamco buy 500 48.9375
11-30-98 bcm buy 1,500 48.5625
11-30-98 bamco buy 500 48.5000
12-01-98 bamco buy 25,000 45.0750
12-03-98 bamco buy 5,000 44.3125
12-04-98 bamco buy 25,000 42.0125
12-04-98 bamco buy 125,000 41.6455
12-07-98 bamco buy 20,000 42.4531
12-08-98 bamco buy 10,000 43.0938
12-08-98 bcm buy 4,000 43.0625
12-08-98 bamco buy 1,500 42.8125
12-09-98 bamco buy 2,500 45.0000
12-15-98 bcm buy 5,000 43.5000
12-15-98 bcm sell 20,000 43.4688
12-16-98 bcm sell 10,000 43.0625
12-17-98 bcm buy 1,500 42.0000
12-18-98 bcm sell 700 42.4375
12-18-98 bcm sell 1,200 42.4375
12-18-98 bcm sell 1,000 42.4375
12-18-98 bcm sell 1,300 42.4375
12-18-98 bcm sell 800 42.4375
12-21-98 bcm sell 9,500 42.8093
12-21-98 bcm sell 30,000 42.8093
12-22-98 bamco buy 12,500 41.6875
12-22-98 bcm buy 4,100 42.3750
12-22-98 bcm buy 3,500 42.3750
12-22-98 bcm buy 3,500 41.9375
12-22-98 bcm buy 9,500 42.3750
12-23-98 bamco buy 290,000 39.3694
12-23-98 bamco buy 52,500 40.0000
12-24-98 bamco buy 146,000 39.2470
12-24-98 bamco buy 4,600 39.1563
12-24-98 bcm buy 20,000 39.1563
12-24-98 bcm buy 10,000 39.2470