SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Bay View Capital Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
07262L101
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(CUSIP Number)
Wayne R. Knyal
1888 Century Park East, Los Angeles, CA 90067
800-611-3622
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 1, 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box __.
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SCHEDULE 13D
CUSIP No. 07262L101
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wayne L. Knyal
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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
OO
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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
United States of America
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7. SOLE VOTING POWER
NUMBER OF 3,237,422
SHARES --------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY
EACH REPORTING 0
PERSON WITH --------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
3,237,422
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
3,237,422
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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)
9.9%
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14. TYPE OF REPORTING PERSON
IN
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CUSIP No. 07262L101
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FLRT, Inc.
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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
OO
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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
California
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7. SOLE VOTING POWER
NUMBER OF 3,237,422
SHARES --------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY
EACH REPORTING 0
PERSON WITH --------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
3,237,422
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
3,237,422
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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)
9.9%
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14. TYPE OF REPORTING PERSON
CO
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Item 1. Security and Issuer
This statement relates to the common stock ("Shares") of Bay View Capital
Corporation ("Bay View"), located at 1840 Gateway Drive, San Mateo, CA 94404.
Item 2. Indentity and Background
FLRT, Inc. ("FLRT") is a California corporation whose principle business
address is 1888 Century Park East, Suite 350, Los Angeles, CA 90067. FLRT's
principle business consists of holding Shares.
Wayne L. Knyal, 1888 Century Park East, Suite 350, Los Angeles, CA 90067 is
a director of Bay View and the President of a subsidiary of Bay View, Bay View
Franchise Mortgage Acceptance Company ("New FMAC"), 1888 Century Park East,
Suite 350, Los Angeles, CA 90067, whose principal business is originating and
servicing loans to small businesses. Mr. Knyal is also the President and sole
director of FLRT and owns 85% of the voting stock of FLRT. Mr. Knyal is a U.S.
citizen.
The only other officer of FLRT is its Secretary, Mrs. Carol Knyal, a U.S.
citizen and the spouse of Mr. Knyal (collectively, the "Knyals").
Neither FLRT nor either of the Knyals has during the last five years been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
Neither FLRT nor either of the Knyals has during the last five years been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
Page 4 of 6
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Item 3. Source and Amount of Funds or Other Consideration
FLRT acquired its Shares through the conversion of 5,946,711 previously
held shares of the common stock of Franchise Mortgage Acceptance Company
("FMAC") in connection with the merger (the "Merger") of FMAC into Bay View.
Item 4. Purpose of Transaction
FLRT involuntarily acquired its Shares pursuant to the Merger. Depending on
market conditions, FLRT and/or the Knyals may from time to time sell or purchase
Shares. As a director of Bay View, Mr. Knyal will participate in the evaluation
of any plans or proposals which come before Bay View's Board. Except as set
forth above neither FLRT nor either of the Knyals have any plans or proposals
reportable under Item 4.
Item 5. Interest in the Securities of the Issuer
On November 1, 1999 FLRT acquired 3,237,422 Shares (9.9% of the outstanding
Shares) pursuant to the Merger. FLRT has sole voting and dispositive power over
all its Shares.
Except as set forth above, FLRT and the Knyals neither own any Shares nor
have effected any transaction in the Shares during the last 60 days.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
the Securities of the Issuer
Pursuant to his employment agreement with New FMAC, Mr. Knyal was granted,
as of November 1, 1999, options to purchase 75,000 Shares, none of which is
currently exercisable. The exercise price of the options is equal to the fair
market value of one Share on November 1, 1999. The options are scheduled to
vest 30% on November 1, 2000; 30% on November 1, 2001; and 40% on November 1,
2002, subject to certain conditions and other provisions of his employment
agreement.
Except as set forth above, there are no contracts, arrangements,
understandings or relationships between FLRT or either of the Knyals and any
person with respect to any Shares.
The Los Angeles County Superior Court has granted certain plaintiffs a
$32.3 million judgement against FLRT and Mr. Knyal, and an order which restricts
the encumbrance or transfer of FLRT's Shares. FLRT and Mr. Knyal are currently
appealing that judgment. If their appeal is unsucessful and if they are unable
to satisfy the judgment in cash, the court may award a portion of FLRT's Shares
to the plaintiffs.
Item 7. Material to be Filed as Exhibits
Joint Filing Statement
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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: December 31, 1999 /s/ Wayne R. Knyal
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Wayne R. Knyal
FLRT, Inc.
Date: December 31, 1999 By: /s/ Wayne R. Knyal
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Wayne R. Knyal
President
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Exhibit
AGREEMENT FOR JOINT FILING OF SCHEDULE 13D
Wayne L. Knyal and FLRT, Inc., hereby agree to jointly file a report on
Schedule 13D pursuant to Section 13(d) of the Securities Exchange Act of 1934,
as amended, and the rules and regulations promulgated thereunder, relating to
FLRT's ownership of shares of Bay View Capital Corporation.
IN WITNESS WHEREOF, the undersigned have caused this Agreement to be
executed in their behalf this 31st day of December, 1999.
FLRT, INC.
a California corporation
/s/Wayne L. Knyal
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By: Wayne L. Knyal
President
/s/Wayne L. Knyal
-----------------------------------
Wayne L. Knyal
