<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Amendment No. 1)
Under the Securities Act of 1934
Aaon, Inc.
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(Name of Issuer)
Common Stock, $.004 par value per share
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(Title of Class of Securities)
000360206
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(CUSIP Number)
December 31, 1999
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(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 information required in the remainder of this cover page (except any items
to which the form provides a cross-reference) shall not be deemed to be "filed"
for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act")
or otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act.
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<TABLE>
<CAPTION>
CUSIP No. 000360206 13G Page 2 of 9 Pages
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<S> <C> <C>
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1 Name of Reporting Person Steven A. Van Dyke
I.R.S. Identification No. of Above Person Not applicable
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2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
United States
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Number of 5 Sole Voting Power
Shares
0
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Beneficially 6 Shared Voting Power
Owned by
1,095,090
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Each 7 Sole Dispositive Power
Reporting
0
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Person With 8 Shared Dispositive Power
1,095,090
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,095,090
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
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11 Percent of Class Represented by Amount in Row (9)
17.5%
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12 Type of Reporting Person (See Instructions)
IN, HC
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 000360206 13G Page 3 of 9 Pages
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<S> <C> <C>
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1 Name of Reporting Person Douglas P. Teitelbaum
I.R.S. Identification No. of Above Person Not applicable
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2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
United States
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Number of 5 Sole Voting Power
Shares
0
----------------------------------------------------------------------------------
Beneficially 6 Shared Voting Power
Owned by
1,095,090
----------------------------------------------------------------------------------
Each 7 Sole Dispositive Power
Reporting
0
----------------------------------------------------------------------------------
Person With 8 Shared Dispositive Power
1,095,090
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,095,090
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
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11 Percent of Class Represented by Amount in Row (9)
17.5%
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12 Type of Reporting Person (See Instructions)
IN, HC
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 000360206 13G Page 4 of 9 Pages
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<S> <C> <C>
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1 Name of Reporting Person Tower Investment Group, Inc.
I.R.S. Identification No. of Above Person 59-2924229
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2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Florida
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Number of 5 Sole Voting Power
Shares
1,095,090
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Beneficially 6 Shared Voting Power
Owned by
0
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Each 7 Sole Dispositive Power
Reporting
1,095,090
----------------------------------------------------------------------------------
Person With 8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,095,090
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
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11 Percent of Class Represented by Amount in Row (9)
17.5%
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12 Type of Reporting Person (See Instructions)
HC
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 000360206 13G Page 5 of 9 Pages
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<S> <C> <C>
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1 Name of Reporting Person Bay Harbour Management, L.C.
I.R.S. Identification No. of Above Person 59-3418243
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2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Florida
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Number of 5 Sole Voting Power
Shares
1,095,090
----------------------------------------------------------------------------------
Beneficially 6 Shared Voting Power
Owned by
0
----------------------------------------------------------------------------------
Each 7 Sole Dispositive Power
Reporting
1,095,090
----------------------------------------------------------------------------------
Person With 8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,095,090
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[ ]
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11 Percent of Class Represented by Amount in Row (9)
17.5%
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12 Type of Reporting Person (See Instructions)
IA
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</TABLE>
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CUSIP No. 000360206 13G Page 6 of 9 Pages
This Amendment No. 1 amends and supplements the Statement on Schedule 13G,
originally filed with the Securities and Exchange Commission on July 30, 1999
(the "Schedule 13G"), by Bay Harbour Management, L.C. ("Bay Harbour"), Tower
Investment Group, Inc. ("Tower"), as the majority stockholder of Bay Harbour,
and Steven A. Van Dyke ("Mr. Van Dyke") and Douglas P. Teitelbaum ("Mr.
Teitelbaum") in their capacities as stockholders of Tower (and Mr. Van Dyke in
his capacity as President of Tower) (Bay Harbour, Tower, Mr. Van Dyke and Mr.
Teitelbaum are collectively the "Reporting Persons"). Capitalized terms
contained herein but not otherwise defined have the meanings ascribed to them in
the Schedule 13G.
Item 4(a) Amount Beneficially Owned:
Item 4(a) is hereby amended in its entirety to read as follows:
As of December 31, 1999, Bay Harbour may be deemed to be the
beneficial owner of 1,095,090 shares of Aaon Common Stock as a result
of voting and dispositive power that it held with respect to the
1,095,090 shares of Aaon Common Stock held for the account of five
private investment funds and three managed accounts.
As of December 31, 1999, Tower may be deemed to be the beneficial
owner of the 1,095,090 shares of Aaon Common Stock deemed to be
beneficially owned by Bay Harbour as referred to above. Tower is the
majority stockholder of Bay Harbour.
As of December 31, 1999, Mr. Van Dyke may be deemed beneficial owner
of 1,095,090 shares of Aaon Common Stock deemed to be beneficially
owned by Bay Harbour as referred to above. Mr. Van Dyke is a
stockholder and President of Tower.
As of December 31, 1999, Mr. Teitelbaum may be deemed the beneficial
owner of 1,095,090 shares of Aaon Common Stock deemed to be
beneficially owned by Bay Harbour as referred to above. Mr.
Teitelbaum is a stockholder of Tower.
Item 4(b) Percent of Class:
Item 4(b) is hereby amended in its entirety to read as follows:
17.5%
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CUSIP No. 000360206 13G Page 7 of 9 Pages
Item 4(c) is hereby amended in its entirety to read as follows:
Item 4(c): Number of shares as to which Bay Harbour has:
(i) sole power to vote or direct the vote: 1,095,090
(ii) shared power to vote or to direct the vote: 0
(iii) the sole power to dispose of or to direct the disposition of: 1,095,090
(iv) shared power to dispose of or to direct the disposition of: 0
Bay Harbour does not currently possess any rights to acquire additional
shares of Aaon Common Stock.
Number of shares as to which Tower has:
(i) sole power to vote or direct the vote: 1,095,090
(ii) shared power to vote or to direct the vote: 0
(iii) the sole power to dispose of or to direct the disposition of: 1,095,090
(iv) shared power to dispose of or to direct the disposition of: 0
Tower does not currently possess any rights to acquire additional shares of
Aaon Common Stock.
Number of shares as to which Mr. Van Dyke has:
(i) sole power to vote or direct the vote: 0
(ii) shared power to vote or to direct the vote: 1,095,090
(iii) the sole power to dispose of or to direct the disposition of: 0
(iv) shared power to dispose of or to direct the disposition of: 1,095,090
Mr. Van Dyke does not currently possess any rights to acquire additional
shares of Aaon Common Stock.
Number of shares as to which Mr. Teitelbaum has:
(i) sole power to vote or direct the vote: 0
(ii) shared power to vote or to direct the vote: 1,095,090
(iii) the sole power to dispose of or to direct the disposition of: 0
(iv) shared power to dispose of or to direct the disposition of: 1,095,090
Mr. Teitelbaum does not currently possess any rights to acquire
additional shares of Aaon Common Stock.
<PAGE>
CUSIP No. 0003206 13G Page 8 of 9 Pages
Item 10. Certification.
By signing below, each of the undersigned certifies that, to the best
of such person's 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 purpose or effect.
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CUSIP No. 000360206 13G Page 9 of 9 Pages
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief,
each of the undersigned certify that the information set forth in this statement
is true, complete and correct.
BAY HARBOUR MANAGEMENT, L.C.
Date: February 9, 2000 By: /s/ Steven A. Van Dyke
--------------------------
Name: Steven A. Van Dyke
Title: President and Chief
Executive Officer
TOWER INVESTMENT GROUP, INC.
Date: February 9, 2000 By: /s/ Steven A. Van Dyke
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Name: Steven A. Van Dyke
Title: President
Date: February 9, 2000 /s/ Steven A. Van Dyke
--------------------------
Steven A. Van Dyke
Date: February 9, 2000 /s/ Douglas P. Teitelbaum
--------------------------
Douglas P. Teitelbaum
