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SCHEDULE 13D - INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D-2(A).*
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* As amended by Releases No. 34-15457, dated January 4, 1979, effective
February 14, 1979 (as corrected by Release No. 34-15457A, dated February 25,
1979) and No. 34-14384, dated November 29, 1979, effective January 5, 1980. -
Editor.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 5)*
CROWN GROUP, INC.
(FORMERLY CROWN CASINO CORPORATION)
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
228359-10-5
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(CUSIP Number)
TERRY FERRARO SCHWARTZ, ESQ.
SMITH, GAMBRELL & RUSSELL, LLP
1230 PEACHTREE STREET, N.E.
SUITE 3100
ATLANTA, GEORGIA 30309-3592
404-815-3731
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
OCTOBER 16, 1998
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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(e), (f) or (g), check the following
box [ ].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
* 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.)
(Continued on following pages)
Page 1 of 5 Pages
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CUSIP No. 228359-10-5 13D Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
EDWARD R. MCMURPHY
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
PF AND OO
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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NUMBER 7. SOLE VOTING POWER
OF SHARES
BENEFICIALLY 974,540
OWNED BY ---------------------------------------------------------------------------------------------------------------------
EACH 8. SHARED VOTING POWER
REPORTING
PERSON 0
WITH ---------------------------------------------------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
974,540
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10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
974,540
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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)
9.45%
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14. TYPE OF REPORTING PERSON*
IN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CROWN GROUP, INC.
AMENDMENT NO. 5 TO SCHEDULE 13D FILED BY
EDWARD R. MCMURPHY
This filing constitutes Amendment No. 5 to the Schedule 13D filed
by Edward R. McMurphy with respect to the $.01 par value common stock of Crown
Group, Inc. (the "Company"). The following items of Schedule 13D are hereby
amended:
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Since the filing of Amendment No. 4 to this Schedule 13D, Mr.
McMurphy has been granted additional stock options to purchase the common stock
of the Company, which has caused his beneficial ownership to increase.
ITEM 4. PURPOSE OF TRANSACTION.
Since the filing of Amendment No. 4 to this Schedule 13D, Mr.
McMurphy has been granted additional stock options to purchase shares of the
common stock of the Company. As a result of the option grants and as a result
of a change in the number of outstanding shares, Mr. McMurphy's percentage
ownership in the Company has increased. The number of outstanding shares of the
Company as of September 21, 1999 was approximately 9,711,296.
Mr. McMurphy holds all Company shares owned by him for investment
purposes. However, as Chairman of the Board and Chief Executive Officer of the
Company, Mr. McMurphy does exercise significant influence over the management
and operations of the Company.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER.
(a) Mr. McMurphy beneficially owns in the aggregate 974,540
shares or approximately 9.45% of the outstanding shares of
the Company, including 600,000 shares subject to presently
exercisable (or exercisable within the next sixty days) stock
options held by Mr. McMurphy.
(b) Mr. McMurphy possesses sole voting and investment powers with
respect to all shares beneficially owned by him.
(c) Mr. McMurphy reported the following transactions since the
most recent filing on Schedule 13D:
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(i) On October 16, 1998, Mr. McMurphy was
granted stock options to purchase 250,000 shares at an
exercise price of $3.125 per share.
(ii) On December 30, 1998, Mr. McMurphy was
granted stock options to purchase 125,000 shares of common
stock at an exercise price of $5.50 per share, 20% of which
vested immediately and 80% of which vest in equal increments
over four years from the date of grant.
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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.
Date: September 22, 1999 /s/ Edward R. McMurphy
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Edward R. McMurphy
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