UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
WorldPort Communications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
98155 J 10 5
- --------------------------------------------------------------------------------
(CUSIP Number)
Michael E. Heisley, Sr.
The Heico Companies, LLC
5600 Three First National Plaza
Chicago, Illinois 60602
312-419-8220
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
January 25, 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.[ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*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 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).
<PAGE>
SCHEDULE 13D
CUSIP No. 98155 J 10 5
___________________________________________________________________________
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
Michael E. Heisley, Sr.
___________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
___________________________________________________________________________
3 SEC Use Only
___________________________________________________________________________
4 Source of Funds (See Instruction)
BK
___________________________________________________________________________
5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
/ /
___________________________________________________________________________
6 Citizenship or Place of Organization
United States
___________________________________________________________________________
7 Sole Voting Power
Number of Shares 15,685,166
Beneficially ________________________________________________
Owned by 8 Shared Voting Power
Each 285,165
Reporting ________________________________________________
Person 9 Sole Dispositive Power
With 15,685,166
________________________________________________
10 Shared Dispositive Power
-0-
___________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
15,970,331
___________________________________________________________________________
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
/ /
___________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
47.8%
___________________________________________________________________________
14 Type of Reporting Person (See Instructions)
IN
___________________________________________________________________________
<PAGE>
SCHEDULE 13D
CUSIP No. 98155 J 10 5
___________________________________________________________________________
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
The Heisley Companies, LLC
___________________________________________________________________________
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
___________________________________________________________________________
3 SEC Use Only
___________________________________________________________________________
4 Source of Funds (See Instruction)
BK
___________________________________________________________________________
5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
/ /
___________________________________________________________________________
6 Citizenship or Place of Organization
Delaware
___________________________________________________________________________
7 Sole Voting Power
Number of Shares 15,685,166
Beneficially ________________________________________________
Owned by 8 Shared Voting Power
Each 285,165
Reporting ________________________________________________
Person 9 Sole Dispositive Power
With 15,685,166
________________________________________________
10 Shared Dispositive Power
-0-
___________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
15,970,331
___________________________________________________________________________
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
/ /
___________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
47.8%
___________________________________________________________________________
14 Type of Reporting Person (See Instructions)
CO (limited liability company)
___________________________________________________________________________
<PAGE>
Schedule 13D of
Michael E. Heisley, Sr.
and The Heico Companies, LLC
with respect to the Common Stock, par value $0.0001 per share
of WorldPort Communications, Inc.
Item 5. Interest in Securities of the Issuer.
Set forth below is a description of the Common Stock, par value $0.0001 per
share of WorldPort Communications, Inc. beneficially owned by Heisley, Heico and
each Heico Reporting Person.
<TABLE>
<CAPTION>
Shares of WorldPort Common Stock Beneficially Owned
--------------------------------------------------------------------------------------------------
Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power
<S> <C> <C> <C> <C>
Michael E. Heisley, Sr. 12,608,133 285,165 12,608,133 -0-
3,077,033 (1) 3,077,033 (1)
The Heico Companies, LLC 12,608,133 285,165 12,608,133 -0-
3,077,033 (1) 3,077,033 (1)
Stanley H. Meadows 64,854 -0- 64,854 -0-
Larry W. Gies -0- -0- -0- -0-
Richard O. Dentner -0- -0- -0- -0-
(1) Represents shares which Heico has an option to acquire.
</TABLE>
<PAGE>
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.
February 10, 1999
/s/ Michael E. Heisley, Sr.
-----------------------------------
Michael E. Heisley, Sr.
The Heico Companies, LLC
/s/ Michael E. Heisley, Sr.
By:--------------------------------
Michael E. Heisley, Sr.
Manager and President
