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UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 14)*
NYMAGIC, INC.
(Name of Issuer)
Common Stock, $1.00 Par Value
(Title of Class of Securities)
629484106
(CUSIP Number)
February 14, 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:
[ ] 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).
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CUSIP NO. 629484106
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)
Mark W. Blackman
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION New York State
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NUMBER OF 5. SOLE VOTING POWER 1,847,798 shares
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 1,962,674 shares
OWNED BY EACH ------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER 1,847,798 shares
PERSON WITH: ------------------------------------------------------------
8. SHARED DISPOSITIVE POWER 1,962,674 shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 1,962,674 shares
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10. CHECK 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) 20.3%
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12. TYPE OF REPORTING PERSON (See Instructions) IN
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CUSIP NO. 629484106
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)
John N. Blackman, Jr.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION New York State
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NUMBER OF 5. SOLE VOTING POWER 1,918,174 shares
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 2,010,996 shares
OWNED BY EACH ------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER 1,918,174 shares
PERSON WITH: ------------------------------------------------------------
8. SHARED DISPOSITIVE POWER 2,010,996 shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 2,010,996 shares
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10. CHECK 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) 20.8%
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12. TYPE OF REPORTING PERSON (See Instructions) IN
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Amendment No. 14 to Schedule 13G reflects the following transactions by the
Reporting Persons:
Item 1(a). Name of Issuer: No Change.
Item 1(b). Address of Issuer's Principal Executive Offices:
330 Madison Avenue
New York, NY 10017
Item 2(a). Names of Persons Filing: No Changes
Item 2(b). Address of Principal Business Office:
330 Madison Avenue
New York, NY 10017
Item 2(c). Citizenship: No change
Item 2(d). Title of Class Securities: No change
Item 2(e). CUSIP Number: No Change.
Item 3. If this statement is filed pursuant to Rules 13-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Securities Exchange Act of 1934 (the "Act").
(b) [ ] Bank as defined in Section 3(a)(6) of the Act.
(c) [ ] Insurance Company as defined in Section 3(a)(19) of that
Act.
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940.
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)
of the Act.
(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H) of the
Act.
No change.
Item 4. Ownership
(a) Amount beneficially owned:
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John N. Blackman, Jr. owns of record 1,918,174 shares of
Common Stock, and, as trustees of Trusts for the benefit of
minors, all of which own of record 92,822 shares of Common
Stock, may be deemed to have the power to vote 2,010,996
shares of Common Stock;
Mark W. Blackman, owns of record 1,847,798 shares of Common
Stock, and as guardian of minors, together owning of record
54,876 shares of Common Stock, and spouse of Deborah Blackman,
owning 60,000 shares of Common Stock may be deemed to have the
power to vote 1,962,674 shares of Common Stock.
(b) Percent of Class:
John N. Blackman, Jr.: 20.8 %;
Mark W. Blackman: 20.3 %;
The foregoing percentages are based on the 9,685,492 shares of
Common Stock reported by the Company to be outstanding as of
December 31, 1998.
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
John N. Blackman, Jr.: 1,918,174;
Mark W. Blackman: 1,847,798;
(ii) shared power to vote or to direct the vote:
John N. Blackman, Jr., as trustee of trusts for minors,
all of which own of record 92,822 shares of Common
Stock, may be deemed to share the power to vote
2,010,996 shares of Common Stock;
Mark W. Blackman, as guardian of minors, together owning
of record 54,876 shares of Common Stock, and spouse of
Deborah Blackman, owning 60,000 shares of Common Stock
may be deemed to share the power to vote 1,962,674
shares of Common Stock.
(iii) sole power to dispose or to direct the disposition of:
John N. Blackman, Jr.: 1,918,174 shares;
Mark W. Blackman, 1,847,798 shares;
(iv) shared power to dispose or to direct the disposition of:
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John N. Blackman, Jr., as trustee of trusts for minors,
all of which own of record 92,822 shares of Common
Stock, may be deemed to share the power to dispose or
direct the disposition of 2,010,996 shares of Common
Stock;
Mark W. Blackman, as guardian of minors, together owning
of record 54,876 shares of Common Stock, and spouse of
Deborah Blackman, owning 60,000 shares of Common Stock
may be deemed to share the power to dispose or direct
the disposition of 1,962,674 shares of Common Stock.
Item 5. Ownership of Five Percent or Less of a Class: No Change.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
No change.
Item 7. Identification and Classification of the subsidiary which acquired
the Security being reported on by the Parent Holding Company:
No change.
Item 8. Identification and Classification of the subsidiary which acquired
the Security being reported on by the Parent Holding Company:
No change.
Item 9. Notice of Dissolution of Group: No change.
Item 10. Certification: No change.
Signature
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certify that the information set forth in the statement is
true, complete and correct.
February 13, 1999
/s/ Mark W. Blackman
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Mark W. Blackman
February 13, 1999
/s/ John N. Blackman, Jr.
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John N. Blackman, Jr.
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