UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
INNOVA CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
45766A106
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1998
- --------------------------------------------------------------------------------
(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)
*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 ("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).
<PAGE>
CUSIP No. 45766A106 13G Page 2 of 8 Pages
--------- --- ---
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE BESSEMER GROUP, INCORPORATED*
13-3093730
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) X
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF ---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- ----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
---------- ----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------- ------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
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*The shares reported on this page are the aggregate of the shares reported on
pages 3-5, as The Bessemer Group, Incorporated is the parent of the other
reporting persons.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 3 of 8 Pages
--------- --- ---
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER TRUST COMPANY
022-0770670
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) X
(b)
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF ---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- ----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
---------- ----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------- ------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
-0-
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 4 of 8 Pages
--------- --- ---
- ------------- ------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER TRUST COMPANY, NATIONAL ASSOCIATION
13-2792165
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) X
(b)
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF ---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- ----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
---------- ----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------- ------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 5 of 8 Pages
--------- --- ---
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BESSEMER TRUST COMPANY OF FLORIDA
59-6067333
- ------------- ------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b)
- ------------- ------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
- ---------------------------------- ---------- ----------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF ---------- ----------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ---------- ----------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
---------- ----------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------- ------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- ------------- ------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------- ------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ------------- ------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- ------------- ------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 6 of 8 Pages
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Item 1.
(a) Name of Issuer:
Innova Corporation
(b) Address of Issuer's Principal Executive Offices:
3325 South 116th Street
Seattle, Washington 98168-1974
Item 2.
(a), (b) and (c) Name of Persons Filing, Address of Principal Business Office
------------------------------------------------------------
and Citizenship:
---------------
The Bessemer Group, Incorporated ("BGI") as a parent holding company
and Bessemer Trust Company ("BTC"), Bessemer Trust Company, National Association
("BTNA") and Bessemer Trust Company of Florida ("BTF") as a group. The filing of
this statement by BTC, BTNA and BTF as part of a group does not constitute an
admission that any of BTC, BTNA or BTF controls the other. BTC, BTNA and BTF are
each wholly-owned by BGI.
BTC, BTNA and BTF are each trust companies that manage accounts for the
benefit of others.
BGI and BTC each has its principal business office at 100 Woodbridge
Center Drive, Woodbridge, New Jersey 07095-0980. BTNA has its principal office
at 630 Fifth Avenue, New York, New York 10111. BTF has its principal office at
222 Royal Palm Way, Palm Beach, Florida 33480-4394.
BGI is a corporation organized under the laws of Delaware. BTC is a
bank organized under the laws of New Jersey. BTNA is a national bank chartered
under the laws of the United States of America. BTF is a trust company organized
under the laws of Florida.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
45766A106
Page 6 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 7 of 8 Pages
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Item 3. If this statement is filed pursuant to Rule 13d1(b), or 13d2(b) or (c),
check whether the person filing is a:
(a) through (f), (h) and (i) not applicable.
(g) [X] Parent holding company or control person, in
accordance with Rule 13d-1(b)(1)(ii)(G), as to BGI.
(j) [X] Group, in accordance with Rule 13d-1(b)(1)(ii)(J),
as to BTC, BTNA and BTF.
Item 4. Ownership
Items 5 through 9 and Item 11 of Pages 2 through 5 of this Statement
are incorporated herein by reference.
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 securities, check the following:
[X]
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Items 1 and 12 of pages 3 through 5 of this Statement are incorporated
herein by reference.
Item 8. Identification and Classification of Members of the Group
BTC, BTNA and BTF are each banks as defined in Section 3(a)(6) of the
Securities Exchange Act of 1934, as amended.
Item 9. Notice of Dissolution of Group
Not applicable.
Page 7 of 8 Pages
<PAGE>
CUSIP No. 45766A106 13G Page 8 of 8 Pages
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Item 10. Certification
By signing below, the undersigned certify that, to the best of
the knowledge and belief of the undersigned, 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 such securities and were not acquired
are not held in connection with or as a participant in any transaction having
that purpose or effect.
Item 11. Signatures
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 1, 1999
THE BESSEMER GROUP, INCORPORATED
By: /s/ Richard R. Davis
-------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
BESSEMER TRUST COMPANY
By: /s/ Richard R. Davis
-------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
BESSEMER TRUST COMPANY, NATIONAL ASSOCIATION
By: /s/ Richard R. Davis
-------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
BESSEMER TRUST COMPANY OF FLORIDA
By: /s/ Richard R. Davis
-------------------------------
Name: Richard R. Davis,
Title: Executive Vice President
Page 8 of 8 Pages
