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OMB APPROVAL
UNITED STATES ------------------------------
SECURITIES AND EXCHANGE COMMISSION OMB Number 3235-0145
Washington, D.C. 20549 Expires: October 31, 1994
Estimated average burden
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Harman International Industries, Incorporated
(Name of Issuer)
Common Stock, $1 par value
(Title of Class of Securities)
413086109
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1 (b)
[_] 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 1 of 10
<PAGE>
- -------------------------
CUSIP No. 413086109 13G
- -------------------------
________________________________________________________________________________
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CLOVER CAPITAL MANAGEMENT, INC.
16-1263400
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 396,855
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 396,855
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
396,855
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IA
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 10
<PAGE>
- -------------------------
CUSIP No. 413086109 13G
- -------------------------
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MICHAEL EDWARD JONES
###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 396,855
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 396,855
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
396,855
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 10
<PAGE>
- -------------------------
CUSIP No. 413086109 13G
- -------------------------
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GEOFFREY HAROLD ROSENBERGER
###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A,
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 4,500
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 397,555
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 4,500
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 397,555
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
402,055
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 10
<PAGE>
- -------------------------
CUSIP No. 413086109 13G
- -------------------------
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CHARLES WILLIAM RUFF
###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 600
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 397,655
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 600
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 397,655
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
398,255
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 10
<PAGE>
- -------------------------
CUSIP No. 413086109 13G
- -------------------------
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
JAMES G. GOULD
###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 396,855
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 396,855
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
396,855
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 10
<PAGE>
Item 1.
(a) Name of Issuer
Harman International Industries, Incorporated
(b) Address of Issuer's Principal Executive Offices
1101 Pennsylvania Avenue, NW
Washington, D.C. 20004
Item 2.
(a) Name of Person Filing
The persons filing this Schedule are Clover Capital Management, Inc.
("Clover"), Michael E. Jones, Geoffrey H. Rosenberger, Charles W. Ruff
and James G. Gould (collectively, the "Reporting Persons").
(b) Address of Principal Business Office
11 Tobey Village Office Park
Pittsford, NY 14534
(c) Citizenship
Clover is incorporated in the State of New York. The other reporting
persons are U. S. citizens.
(d) Title of Class of Securities
Common Stock, $1.00 Par Value
(e) CUSIP Number
413086109
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), 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
(1) (e) |X| Investment Adviser in accordance with Rule 13d-1 (b) (1) (ii) (E)
(f) |_| Employee Benefit Plan or Endowment Fund in accordance with Rule
13d-1 (b) (1) (ii) (F)
(2) (g) |X| 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) oft the Investment
Company Act.
(j) |_| Group, in accordance with Rule 13d-1 (b) (1) (ii) (J)
(1) As to Clover
(2) As to the other Reporting Persons.
Item 4. Ownership
(a) Amount Beneficially Owned
See item 9 on pages 2, 3, 4, 5, 6
(b) Percent of Class
See item 11 on pages 2, 3, 4, 5, 6
(c) Number of shares as to which person has:
(i) sole power to vote or to direct the vote
See item 5 on pages 2, 3, 4, 5, 6
(ii) shared power to vote or to direct the vote
See item 6 on pages 2, 3, 4, 5, 6
(iii) sole power to dispose or to direct the disposition of
See item 7 on pages 2, 3, 4, 5, 6
(iv) shared power to dispose or to direct the disposition of
See item 8 on pages 2, 3, 4, 5, 6
Page 7 of 10
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following. |X|
Item 6. Ownership of more than Five Percent on Behalf of Another Person
The aggregate number and percentage of the subject securities
beneficially owned by each of the Reporting Persons is as follows:
NAME NO. OF SHARES PERCENTAGE
Clover 396,855 2.2991
Michael E. Jones 0 0.0000
Geoffrey H. Rosenberger 5,200 0.0301
Charles W. Ruff 1,400 0.0081
James G. Gould 0 0.0000
As investment adviser to the client accounts owning the subject
securities, Clover shares the voting and dispositive power with the
account owner of each account. As directors of Clover, Messrs. Jones,
Rosenberger, Ruff and Gould share the dispositive powers with Clover.
In addition, Mr. Rosenberger holds sole voting and dispositive power
with respect to 4,500 shares and shared voting and dispositive power
with respect to 700 shares of the subject securities beneficially
owned by him (other than indirectly through Clover) and Mr. Ruff holds
sole voting and dispositive power with respect to 600 shares and
shared voting and dispositive power with respect to 800 shares of the
subject securities beneficially owned by him (other than indirectly
through Clover).
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
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in
the ordinary course of business and 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 purposes or effect.
Page 8 of 10
<PAGE>
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.
CLOVER CAPITAL MANAGEMENT, INC.
February 14, 2000 By: /s/ Geoffrey H. Rosenberger
- -------------------- -------------------------------
Date Geoffrey H. Rosenberger
Managing Director
February 14, 2000 /s/ Michael E. Jones
- -------------------- -------------------------------
Date Michael E. Jones
February 14, 2000 /s/ Geoffrey H. Rosenberger
- -------------------- -------------------------------
Date Geoffrey H. Rosenberger
February 14, 2000 /s/ Charles W. Ruff
- -------------------- -------------------------------
Date Charles W. Ruff
February 14, 2000 /s/ James G. Gould
- -------------------- -------------------------------
Date James G. Gould
Page 9 of 10
<PAGE>
EXHIBIT A
AGREEMENT PURSUANT TO RULE 13D-1(F)(1)
The undersigned persons agree and consent to the joint filing on their behalf of
this Schedule 13G in connection with their beneficial ownership of the common
stock of Yellow Corporation at December 31, 1999 and agree that this filing is
filed on behalf of each of them.
CLOVER CAPITAL MANAGEMENT, INC.
February 14, 2000 By: /s/ Geoffrey H. Rosenberger
- -------------------- -------------------------------
Date Geoffrey H. Rosenberger
Managing Director
February 14, 2000 /s/ Michael E. Jones
- -------------------- -------------------------------
Date Michael E. Jones
February 14, 2000 /s/ Geoffrey H. Rosenberger
- -------------------- -------------------------------
Date Geoffrey H. Rosenberger
February 14, 2000 /s/ Charles W. Ruff
- -------------------- -------------------------------
Date Charles W. Ruff
February 14, 2000 /s/ James G. Gould
- -------------------- -------------------------------
Date James G. Gould
Page 10 of 10
