GENERAL MOTORS CORP
SC 13G, 2000-02-11
MOTOR VEHICLES & PASSENGER CAR BODIES
Previous: GENERAL SEMICONDUCTOR INC, SC 13G, 2000-02-11
Next: GPU INC /PA/, SC 13G/A, 2000-02-11



<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                               ------------------

                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                             (Amendment No. _____)(1)


                           General Motors Corporation
        -----------------------------------------------------------------
                                (Name of Issuer)

                 Class H Common Stock, $0.10 par value per share.
         ---------------------------------------------------------------
                         (Title of Class of Securities)

                                   370-442-832
            --------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1999
        -----------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

       Check the appropriate box to designate rule pursuant to which this
Schedule is filed:

                     / /   Rule 13d-1(b)
                     /X/   Rule 13d-1(c)
                     / /   Rule 13d-1(d)




- -----------------

(1)   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 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).

<PAGE>

CUSIP No. 370-442-832                 13G                         Page 2 of 6


1.       NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Hubbard Broadcasting, Inc.

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (A) /X/
                                                             (B) / /

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Minnesota

                                 5.        SOLE VOTING POWER

           NUMBER OF                           14,733,614

            SHARES               6.        SHARED VOTING POWER

         BENEFICIALLY                             647

         OWNED BY EACH           7.        SOLE DISPOSITIVE POWER

       REPORTING PERSON                        14,733,614

             WITH                8.        SHARED DISPOSITIVE POWER

                                                  647

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  14,734,261

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                          / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  10.9%

12.      TYPE OF REPORTING PERSON*

                  CO

                     * SEE INSTRUCTIONS BEFORE FILLING OUT.

<PAGE>

CUSIP No. 370-442-832                 13G                         Page 3 of 6


1.       NAMES OF REPORTING PERSONS

         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Stanley S. Hubbard

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                   (A) /X/
                                                   (B) / /

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  U.S.A.

                                 5.        SOLE VOTING POWER

           NUMBER OF                                647

            SHARES               6.        SHARED VOTING POWER

         BENEFICIALLY                               14,733,614

         OWNED BY EACH           7.        SOLE DISPOSITIVE POWER

       REPORTING PERSON                             647

             WITH                8.        SHARED DISPOSITIVE POWER

                                                   14,733,614

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  14,734,261

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                           / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  10.9%

12.      TYPE OF REPORTING PERSON*

                  IN

                     * SEE INSTRUCTIONS BEFORE FILLING OUT.


<PAGE>

                                                              Page 4 of 6

ITEM 1(a).        NAME OF ISSUER:

                           General Motors Corporation.

ITEM 1(b).        ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                           3044 West Grand Boulevard
                           Detroit, Michigan  48202

ITEM 2(a).        NAME OF PERSON FILING:

                           See Item 1 on Cover Page.

ITEM 2(b).        ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

                           Hubbard Broadcasting, Inc.
                           3415 University Avenue
                           Saint Paul, Minnesota  55114

ITEM 2(c).        CITIZENSHIP:

                           See Item 4 on Cover Page.

ITEM 2(d).        TITLE OF CLASS OF SECURITIES:

                           Class H Common Stock, $0.10 par value per share.

ITEM 2(e).        CUSIP NUMBER:

                           370-442-832

ITEM 3.           IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR
                  13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

                 (a) / / Broker or dealer registered under Section 15 of the
                         Exchange Act.

                 (b) / / Bank as defined in Section 3(a)(6) of the Exchange Act.

                 (c) / / Insurance company as defined in Section 3(a)(19) of the
                         Exchange Act.

                 (d) / / Investment company registered under Section 8 of the
                         Investment Company Act.

                 (e) / / An investment adviser in accordance with Rule
                         13d-1(b)(1)(ii)(E);

                 (f) / / An employee benefit plan or endowment fund in
                         accordance with Rule 13d-1(b)(1)(ii)(F);

                 (g) / / A parent holding company or control person in
                         accordance with Rule 13d-1(b)(ii)(G);

                 (h) / / A savings association as defined in Section 3(b) of the
                         Federal Deposit Insurance Act;

                 (i) / / A church plan that is excluded from the definition of
                         an investment company under Section 3(c)(14) of the
                         Investment Company Act;

                 (j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

<PAGE>

                                                                    Page 5 of 6

ITEM 4.     OWNERSHIP.



                     Provide the following information regarding the
            aggregate number and percentage of the class of securities
            of the issuer identified in Item 1.

            HUBBARD BROADCASTING, INC.:

            (a) Amount beneficially owned:

                         14,734,261
                ------------------------------------------

            (b) Percent of class:

                         10.9%
                ------------------------------------------

            (c) Number of shares as to which such person has:

                (i)   Sole power to vote or to direct the vote   14,733,614
                                                              --------------

                (ii)  Shared power to vote or to direct the vote     647
                                                              --------------

                (iii) Sole power to dispose or to direct the disposition of
                      14,733,614
                      -------------------------------------------------------

                (iv) Shared power to dispose or to direct the disposition of 647
                                                                            ----

            STANLEY S. HUBBARD:

            (a) Amount beneficially owned:

                         14,734,261
                ---------------------------------------------------------------

            (b) Percent of class:

                         10.9%
                ---------------------------------------------------------------

            (c) Number of shares as to which such person has:

                (i)   Sole power to vote or to direct the vote      647
                                                                ---------------

                (ii)  Shared power to vote or to direct the vote   14,733,614
                                                                ---------------

                (iii) Sole power to dispose or to direct the disposition of 647
                                                                           ----

                (iv)  Shared power to dispose or to direct the disposition of
                      14,733,614
                      ---------------------------------------------------------

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.

<PAGE>

                                                                    Page 6 of 6

ITEM 7.              IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
                     ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
                     HOLDING COMPANY.

                              Not Applicable.

ITEM 8.              IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                             See EXHIBIT A indicating the members of the group.

                             See EXHIBIT B indicating the agreement of the group
                             that this Schedule 13G is filed on their behalf.

ITEM 9.              NOTICE OF DISSOLUTION OF GROUP.

                              Not Applicable.

ITEM 10.             CERTIFICATION.

                              Each person signing below certifies that, to the
                     best of their knowledge and belief, the securities referred
                     to above were not acquired and are not held for the purpose
                     of or with the effect of changing or influencing the
                     control of the issuer of the securities and were not
                     acquired and are not held in connection with or as a
                     participant in any transaction having that purpose or
                     effect.

                                    SIGNATURE

         After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.

Dated:  February 8, 2000

HUBBARD BROADCASTING, INC.

By: /s/ Stanley S. Hubbard                       /s/ Stanley S. Hubbard
    --------------------------                   --------------------------
         Stanley S. Hubbard                      Stanley S. Hubbard
         President and
         Chief Executive Officer


<PAGE>

                                    EXHIBIT A

         The following list identifies each member of the group filing this
Schedule 13G:

                  1.       Hubbard Broadcasting, Inc.
                  2.       Stanley S. Hubbard


<PAGE>


                                    EXHIBIT B

                                    AGREEMENT

         This will confirm the agreement by and among all of the undersigned
that the Schedule 13G filed on or about this date with respect to the beneficial
ownership of the undersigned of shares of Class H Common Stock of General Motors
Corporation is being filed on behalf of each of the entities named below. This
agreement may be executed in two or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.

Date:  February 8, 2000

HUBBARD BROADCASTING, INC.


By: /s/ Stanley S. Hubbard                       /s/ Stanley S. Hubbard
    --------------------------                   --------------------------
         Stanley S. Hubbard                      Stanley S. Hubbard
         President and
         Chief Executive Officer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission