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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
JUNO LIGHTING, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE 482047107
$0.01 PAR SHARE
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(Title of class of securities) (CUSIP number)
NELL MINOW
LENS INVESTMENT MANAGEMENT LLC
1200 G STREET, N.W., SUITE 800
WASHINGTON, D.C. 30005
(202) 434-8723
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(Name, address and telephone number of person authorized
to receive notices and communications)
JULY 8, 1999
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(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: When filing this statement in paper format, six copies of this statement,
including exhibits, should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
(Continued on following page(s))
(Page 1 of 7 Pages)
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#425049 v2
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CUSIP No. 482047107 13D Page 2 of 7
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<S> <C>
1 NAME OF REPORTING PERSON: LENS INVESTMENT MANAGEMENT, LLC
S.S. OR I.R.S. IDENTIFICATION NO. 01-0497749
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: MAINE
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NUMBER OF 7 SOLE VOTING POWER: N/A (SEE ITEM 5)
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SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: NONE
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER: N/A (SEE ITEM 5)
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REPORTING
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PERSON WITH 10 SHARED DISPOSITIVE POWER: NONE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: N/A (SEE ITEM 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): N/A (SEE
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ITEM 5)
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14 TYPE OF REPORTING PERSON: OO, IA
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2
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CUSIP No. 482047107 13D Page 3 of 7
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1 NAME OF REPORTING PERSON: RAM TRUST SERVICES, INC.
S.S. OR I.R.S. IDENTIFICATION NO. 01-0363642
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: MAINE
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NUMBER OF 7 SOLE VOTING POWER: N/A (SEE ITEM 5)
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SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: NONE
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER: N/A (SEE ITEM 5)
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REPORTING
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PERSON WITH 10 SHARED DISPOSITIVE POWER: NONE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: N/A (SEE ITEM 5)
-------------------
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): N/A (SEE
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ITEM 5)
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14 TYPE OF REPORTING PERSON: CO, IA
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3
<PAGE>
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CUSIP No. 482047107 13D Page 4 of 7
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1 NAME OF REPORTING PERSON: ROBERT B. HOLMES
S.S. OR I.R.S. IDENTIFICATION NO. ###-##-####
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES OF AMERICA
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NUMBER OF 7 SOLE VOTING POWER: N/A (SEE ITEM 5)
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SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: NONE
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER: N/A (SEE ITEM 5)
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REPORTING
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PERSON WITH 10 SHARED DISPOSITIVE POWER: NONE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: N/A (SEE ITEM 5)
-------------------
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): N/A (SEE
------------
ITEM 5)
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14 TYPE OF REPORTING PERSON: IN
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4
<PAGE>
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CUSIP No. 482047107 13D Page 5 of 7
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1 NAME OF REPORTING PERSON: JOHN B. GOODRICH
S.S. OR I.R.S. IDENTIFICATION NO. ###-##-####
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES OF AMERICA
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NUMBER OF 7 SOLE VOTING POWER: N/A (SEE ITEM 5)
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SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: NONE
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER: N/A (SEE ITEM 5)
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REPORTING
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PERSON WITH 10 SHARED DISPOSITIVE POWER: NONE
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: N/A (SEE ITEM 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): N/A (SEE
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ITEM 5)
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14 TYPE OF REPORTING PERSON: IN
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This Amendment No. 3 ("Amendment No. 3") amends the Statement
on Schedule 13D (the "Schedule 13D") filed on September 18, 1998, as amended by
Amendment No. 1 filed on November 17, 1998 and Amendment No. 2 filed on February
2, 1999, by and on behalf of Lens Investment Management, LLC ("Lens"), Ram Trust
Services, Inc. ("Ram"), Robert B. Holmes ("Holmes") and John B. Goodrich
("Goodrich"). Lens, Ram, Holmes and Goodrich are herein referred to collectively
as the "Reporting Persons." Capitalized terms used herein and not defined herein
have the meanings ascribed thereto in the Schedule 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Since the filing of Amendment No. 2 to the Schedule 13D,
accounts managed by Lens purchased an aggregate of 82,301 shares of Common Stock
for total consideration (including brokerage commissions) of $1,679,431.39
derived from capital in such managed accounts.
Since the filing of Amendment No. 2 to the Schedule 13D,
accounts managed by Ram purchased an aggregate of 61,054 shares of Common Stock
for total consideration (including brokerage commissions) of $1,252,994.98
derived from capital in such managed accounts.
ITEM 4. PURPOSE OF TRANSACTION
According to press releases issued by the Company, Jupiter
Acquisition Corp. merged with and into the Company on June 30, 1999 (the
"Merger"). In connection with the Merger, the Lens Group notified the Company of
its election to demand the appraisal of the shares of Common Stock beneficially
owned by the Lens Group. The Lens Group chose this course of action because it
believes that the consideration payable in the Merger does not represent the
fair value of the Common Stock. The Lens Group reserves the right to pursue its
appraisal rights in the Delaware Court of Chancery, settle its claims with
respect thereto or withdraw its demand for appraisal.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As a result of the Merger, the Lens Group, in the aggregate,
ceased to be a beneficial owner of 5% or more of the outstanding Common Stock on
June 30, 1999, the effective date of the Merger. The Lens Group currently has
the right to (a) the fair value of its shares of Common Stock as determined by
the Delaware Court of Chancery or (b) withdraw its demand for appraisal and
receive the consideration offered in the Merger.
The Reporting Persons engaged in the following transactions
with respect to the Common Stock during the past 60 days. All such transactions
were effected on the NASDAQ Stock Market.
<TABLE>
<CAPTION>
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DATE OF TRANSACTION NATURE OF TRANSACTION NUMBER OF
SHARES PRICE
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<S> <C> <C> <C>
5/10/99 Purchase 25 22.625
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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.
July 8, 1999
LENS INVESTMENT MANAGEMENT, LLC
By: /s/ John P.M. Higgins
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Name: John P.M. Higgins
Title: Member
RAM TRUST SERVICES, INC.
By: /s/ John P.M. Higgins
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Name: John P.M. Higgins
Title: President
/s/ Robert B. Holmes
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Robert B. Holmes
/s/ John B. Goodrich
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John B. Goodrich
7
