UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Weirton Steel Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
948774104
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(CUSIP Number)
*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
disclosures provided in a prior cover page.
The information required on the reminder 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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Page 2 of 8 pages
CUSIP NO. 948774104 13G
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1. Name of Reporting Person JWA Investments II, L.P.
S.S. or I.R.S. Identifica-
tion No. of Above Person
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [X]
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power 2,289,500
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 2,289,500
Reporting Person (8) Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,289,500
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 5.5%
- --------------------------------------------------------------------------------
12. Type of Reporting Person PN
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Page 3 of 8 pages
CUSIP NO. 948774104 13G
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- --------------------------------------------------------------------------------
1. Name of Reporting Person JWA Investments Corp.
S.S. or I.R.S. Identifica-
tion No. of Above Person
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [X]
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power 3,701,600
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 3,701,600
Reporting Person (8) Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,701,600
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 8.9%
- --------------------------------------------------------------------------------
12. Type of Reporting Person CO
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Page 4 of 8 pages
CUSIP NO. 948774104 13G
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- --------------------------------------------------------------------------------
1. Name of Reporting Person John W. Adams
S.S. or I.R.S. Identifica-
tion No. of Above Person
- --------------------------------------------------------------------------------
2. Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [X]
- --------------------------------------------------------------------------------
3. S.E.C. Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power 3,701,600
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 3,701,600
Reporting Person (8) Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,701,600
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 8.9%
- --------------------------------------------------------------------------------
12. Type of Reporting Person IN
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CUSIP NO. 948774104 Page 5 of 8 pages
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SCHEDULE 13G
This Schedule 13G is filed by the undersigned with respect to the
shares of common stock, par value $.01 per share (the "Common Stock"), of
Weirton Steel Corporation (the "Company").
Item 1. (a) Name of Issuer
Weirton Steel Corporation
(b) Address of Issuer's Principal Executive Offices
400 Three Springs Drive
Weirton, West Virginia 26062
Item 2. (a) Names of Persons Filing
JWA Investments Corp. ("JWA General Partner")
JWA Investments II, L.P. ("JWA II")
John W. Adams ("Adams" and, together with JWA General Partner
and JWA II, the "Reporting Persons")
(b) Address of Principal Business Office
885 Third Avenue
34th Floor
New York, NY 10022
(c) Citizenship
JWA General Partner -- Delaware
JWA II -- Delaware
Adams -- United States
(d) Title of Class of Securities
Common Stock, par value $.01 per share (the "Shares")
(e) CUSIP Number
948774104
Item 3. This statement is not filed pursuant to either Rule 13d-1(b) or
13d-2(b).
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CUSIP NO. 948774104 Page 6 of 8 pages
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Item 4. JWA II beneficially owns an aggregate of 2,289,500 shares of Common
Stock which represents approximately 5.5% of the issued and outstanding
shares of Common Stock. JWA II has the sole power to vote or direct the
vote of 2,289,500 shares of Common Stock and the sole power to dispose
or to direct the disposition of 2,289,500 shares of Common Stock.
JWA General Partner is the General Partner of JWA II and JWA
Investments III, L.P. ("JWA III"). JWA III beneficially owns an
aggregate of 1,412,100 shares of Common Stock, which represents
approximately 3.4% of the issued and outstanding shares of Common
Stock. As the general partner of JWA II and JWA III, JWA General
Partner beneficially owns an aggregate of 3,701,600 shares of Common
Stock, which represents approximately 8.9% of the issued and
outstanding shares of Common Stock. As the general partner of JWA II
and JWA III, JWA General Partner has the sole power to vote or to
direct the vote of 3,701,600 shares of Common Stock and the sole power
to dispose or to direct the disposition of 3,701,600 shares of Common
Stock.
Adams is the sole shareholder of JWA General Partner and may be deemed
to beneficially own an aggregate of 3,701,600 shares of Common Stock
which represents approximately 8.9% of the issued and outstanding
shares of Common Stock. Adams may be deemed to have the sole power to
vote or direct the vote of 3,701,600 shares of Common Stock and the
sole power to dispose or to direct the disposition of 3,701,600 shares
of Common Stock.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Item 4.
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CUSIP NO. 948774104 Page 7 of 8 pages
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Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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CUSIP NO. 948774104 Page 8 of 8 pages
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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 as of April 20, 2000
JWA INVESTMENTS CORP.
By: /s/ John W. Adams
-----------------
Name: John W. Adams
Title: President
JWA INVESTMENTS II, L.P.
By: JWA INVESTMENTS CORP.
its General Partner
By: /s/ John W. Adams
-----------------
Name: John W. Adams
Title: President
/s/ John W. Adams
-----------------
John W. Adams
Exhibit 1
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JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained herein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is accurate.
Dated: April 20, 2000
JWA INVESTMENTS II, L.P.
By: JWA INVESTMENTS CORP.
its General Partner
By: /s/ John W. Adams
-----------------
Name: John W. Adams
Title: President
JWA INVESTMENTS CORP.
By: /s/ John W. Adams
-----------------
Name: John W. Adams
Title: President
/s/ John W. Adams
-----------------
John W. Adams