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
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
Mark W. Blackman
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York State
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,847,798 shares
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 1,962,674 shares
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,847,798 shares
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 1,962,674 shares
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,962,674 shares
________________________________________________________________________________
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
20.3%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions)
IN
________________________________________________________________________________
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CUSIP NO. 629484106
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
John N. Blackman, Jr.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York State
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,918,174 shares
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,010,996 shares
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 1,918,174 shares
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 2,010,996 shares
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,010,996 shares
________________________________________________________________________________
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
20.8%
________________________________________________________________________________
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
------------------------------
Mark W. Blackman
February 13, 1999
s/ John N. Blackman, Jr.
------------------------------
John N. Blackman, Jr.
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