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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D/A
AMENDMENT NO. 3
UNDER THE SECURITIES EXCHANGE ACT OF 1934
TransMontaigne Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
89393410
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(CUSIP Number)
Thomas R. Denison - First Reserve Corporation, 1801 California St. Suite 4110
Denver, CO 80202
(303) 382-1270
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
June 30, 2000
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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
Statement 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: / /
1 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve Corporation
I.R.S. No.: 06-1210123
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
11,421,754
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 11,421,754
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,421,754
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
30.4%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
2 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve Fund VI, Limited Partnership
I.R.S. No.: 06-1334650
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
4,488,292
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 4,488,292
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,488,292
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
3 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve Fund VII, Limited Partnership
I.R.S. No.: 06-1457408
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
2,666,716
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,666,716
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,666,716
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
4 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve Fund VIII, LP
I.R.S. No.: 06-1507364
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
4,266,746
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 4,266,746
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,266,746
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
12.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
5 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve GP VII, LP
I.R.S. No.: 06-1520256
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
2,666,716
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,666,716
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,666,716
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
6 of 12
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CUSIP No. 89393410 SCHEDULE 13D/A
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Reserve GP VIII, LP
I.R.S. No.: 06-1507318
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES ----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
4,266,746
OWNED BY
----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 4,266,746
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,266,746
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
12.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
7 of 12
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The information contained in this Amendment No. 3 to Schedule 13D is
filed with respect to the Common Stock, par value $0.01 per share (the "Common
Stock"), of TransMontaigne Inc. (the "Issuer"). The purpose of this Amendment is
to report the distribution of Common Stock from First Reserve Fund V-2, Limited
Partnership ("Fund V-2") to its limited partners in dissolution of Fund V-2.
ITEM 2. IDENTITY AND BACKGROUND.
Delete the first paragraph of Item 2 and replace it with the following:
This Schedule 13D is filed by First Reserve Fund VI, Limited
Partnership ("Fund VI"), First Reserve Fund VII, Limited Partnership ("Fund
VII") and First Reserve Fund VIII, LP ("Fund VIII" and together with Fund V,
Fund V-2, Fund VI and Fund VII, the "Funds"), by First Reserve GP VII, LP ("GP
VII") and First Reserve GP VIII, LP ("GP VIII"), and by First Reserve
Corporation ("First Reserve"). First Reserve Fund V, Limited Partnership and
First Reserve Fund V-2, Limited Partnership had joined in this Schedule 13D, but
no longer hold any Common Stock and so are no longer Reporting Persons after
this filing.
ITEM 4. PURPOSE OF TRANSACTION.
Amend Item 4 by adding the following after the last paragraph of that
Item:
First Reserve and the Funds intend to review on a continuing basis the
Funds' investment in the Issuer and may or may not dispose of additional shares,
on the open market or otherwise, subject to: the price and availability of the
Issuer's securities; subsequent developments affecting the energy market as a
whole; the Issuer and the Issuer's business and prospects, and on the eventual
liquidation of the Funds in accordance with their respective partnership
agreements.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Delete Item 5 and replace it with the following:
(a) As of July 5, 2000, the Funds beneficially own an aggregate of
11,421,754 shares of Common Stock, constituting approximately 30.4% of the
Common Stock outstanding as of April 30, 2000, as reported by the Issuer. This
includes 4,333,332 shares of Common Stock currently issuable upon conversion of
the Preferred Stock and 2,600,130 shares of Common Stock issuable upon exercise
of the Warrants.
GP VII and GP VIII as the general partner of Fund VII and Fund VIII may
be deemed to beneficially own the shares of Common Stock beneficially owned by
those respective Funds. First Reserve as the general partner of Fund VI, GP VII
and GP VIII may be deemed to beneficially own all 13,217,071 shares of Common
Stock beneficially owned by the Funds.
As of July 5, 2000, the number and percentage of shares of Common Stock
beneficially owned by each Reporting Person are:
8 of 12
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<TABLE>
<CAPTION>
Percentage of Issuer
Shares Outstanding on
Reporting Person Shares April 30, 2000
---------------- ---------- ---------------------
<S> <C> <C>
Fund VI 4,488,292 14.6%
Fund VII 2,666,716 8.0%
Fund VIII 4,266,746 12.2%
GP VII (through Fund VII) 2,666,716 8.0%
GP VIII (through Fund VIII) 4,266,746 12.2%
First Reserve (through the Funds) 11,421,754 30.4%
</TABLE>
(b) Each Fund shares with its general partner the power to vote or to
direct the vote of the shares directly held by it. GP VII and GP VIII, in their
roles as general partners of Fund VII and Fund VIII, respectively, and First
Reserve, in its role as general partner of Fund V, Fund V-2 and Fund VI, and of
GP VII and GP VIII, share with each Fund the power to cause each Fund to dispose
of or vote the shares of Common Stock beneficially held by each Fund.
(c) In the last 60 days, Fund V-2 has distributed 1,145,177 shares to
its limited partners in dissolution of Fund V-2 (516,332 of which were
distributed on June 14, 2000, and 628,845 of which were distributed on June 30,
2000), and has sold shares of Common Stock on the open market as follows:
<TABLE>
<CAPTION>
Reporting Party Date Number of Shares Price
--------------- --------- ---------------- ------
<S> <C> <C> <C>
Fund V-2 5/30/2000 5,400 $7.200
Fund V-2 5/31/2000 2,500 $7.075
Fund V-2 6/2/2000 10,100 $6.950
Fund V-2 6/14/2000 4,800 $6.217
Fund V-2 6/15/2000 15,000 $6.117
Fund V-2 6/16/2000 2,500 $6.138
Fund V-2 6/19/2000 10,500 $6.200
Fund V-2 6/20/2000 900 $6.200
</TABLE>
(d) To the best knowledge of the Reporting Persons, no other person
has the right to receive, or the power to direct the receipt of dividends from,
or the power to direct the receipt of proceeds of the sale of the shares of
Common Stock owned by the Reporting Persons.
(e) Not applicable.
9 of 12
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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.
Dated: July 10, 2000.
FIRST RESERVE FUND V, LIMITED PARTNERSHIP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE FUND V-2, LIMITED PARTNERSHIP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE FUND VI, LIMITED PARTNERSHIP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
10 of 12
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FIRST RESERVE FUND VII, LIMITED PARTNERSHIP
By: First Reserve GP VII, LP,
as General Partner
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE FUND VIII, LP
By: First Reserve GP VIII, LP,
as General Partner
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
-------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE GP VII, LP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
FIRST RESERVE GP VIII, LP
By: First Reserve Corporation,
as General Partner
By: /s/ Thomas R. Denison
--------------------------
Name: Thomas R. Denison
Title: Managing Director
11 of 12
<PAGE> 12
FIRST RESERVE CORPORATION
By: /s/ Thomas R. Denison
-----------------------------------
Name: Thomas R. Denison
Title: Managing Director
12 of 12
