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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
Amendment No. 1 (1)
Argonaut Group, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
040157 10 9
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(CUSIP Number)
Caroline W. Singleton
335 N. Maple Drive, Suite 177
Beverly Hills, CA 90210
(310) 278-1777
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 11, 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 that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(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(b)
for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 4 Pages)
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(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 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 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).
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CUSIP No. 040157 10 9 13D Page 2 of 4 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Caroline W. Singleton, Sole Trustee of the Singleton Family Trust,
SS# ###-##-####
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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*
N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF
4,663,056
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
4,663,056
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,663,056
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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)
20.6% (based on the number of shares of Argonaut Group, Inc. common stock
reported as being outstanding as of November 11, 1999 in Argonaut Group, Inc.'s
Quarterly Report on Form 10-Q for the quarter ending September 30, 1999)
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 040157 10 9 13D Page 3 of 4 Pages
These statements relate to the Schedule 13D filed by Caroline W. Singleton as
the sole trustee of the Singleton Family Trust with regard to the beneficial
ownership of common stock, par value $0.10 per share, of Argonaut Group, Inc.
(the "Company") and constitutes Amendment No. 1 thereto.
The following items are amended and restated in their entirety as follows:
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Item 3. Source and Amount of Funds or Other Consideration.
There has been no change in the number of shares of the Company's common
stock held by the Singleton Family Trust. While the number of shares held by the
Singleton Family Trust has not changed, the percentage ownership of the common
stock of the Company held by the Singleton Family Trust increased 1% as a result
of the decrease in the number of the Company's shares from 23,806,605 shares
outstanding as of June 30, 1999 as reported on the Company's Quarterly Report on
Form 10-Q for the quarter ending June 30, 1999 to 22,681,250 shares outstanding
as of November 11, 1999 as reported in the Company's Quarterly Report on Form
10-Q for the quarter ending September 30, 1999.
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Item 4. Purpose of Transaction.
Although I have no contract or agreement to purchase or sell shares from or
to any person, I would like to be able to purchase shares from time to time if
shares are available at prices considered by me to be attractive for purchases,
and would like to be able to sell shares from time to time if shares can be sold
at prices considered by me to be attractive for sales. Whether I purchase or
sell shares and the exact number of shares purchased or sold will depend upon a
variety of factors, including the market price, market conditions, availability
and need for funds, and the evaluation of alternative interests. In addition, I
may transfer all or part of the shares to a limited liability company or other
entity for personal financial planning purposes.
Other than as described above, I have no plans or proposals that relate to
or would result in any matter required to be disclosed in response to paragraphs
(a) through (j) of Item 4 of Schedule 13D.
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Item 5. Interest in Securities of the Issuer.
The Singleton Family Trust, a revocable trust, holds 4,663,056 shares
(20.6%) of the Company's common stock. As the sole trustee of the Singleton
Family Trust, I have sole voting and dispositive powers over the shares in the
Singleton Family Trust. I have not effected any transactions with respect to the
shares in the Singleton Family Trust.
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
See response to Item 5.
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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.
February 10, 2000
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(Date)
/s/ CAROLINE W. SINGLETON
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(Signature)
Caroline W. Singleton, Sole Trustee of
the Singleton Family Trust
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(Name/Title)
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
