UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
WorldPort Communications, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
98155 J 10 5
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(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)
November 10, 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 ss.ss.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. Seess.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
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1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
Michael E. Heisley, Sr.
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
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3 SEC Use Only
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4 Source of Funds (See Instruction)
BK
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5 Check 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
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7 Sole Voting Power
Number of Shares 21,414,868
Beneficially _____________________________________________________
Owned by 8 Shared Voting Power
Each 285,165
Reporting _____________________________________________________
Person 9 Sole Dispositive Power
With 21,414,868
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10 Shared Dispositive Power
-0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
21,700,033
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
/ /
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13 Percent of Class Represented by Amount in Row (11)
45%
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14 Type of Reporting Person (See Instructions)
IN
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<PAGE>
SCHEDULE 13D
CUSIP No. 98155 J 10 5
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1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
The Heisley Companies, LLC
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
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3 SEC Use Only
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4 Source of Funds (See Instruction)
BK
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5 Check 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
Delaware
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7 Sole Voting Power
Number of Shares 21,414,868
Beneficially _____________________________________________________
Owned by 8 Shared Voting Power
Each 285,165
Reporting _____________________________________________________
Person 9 Sole Dispositive Power
With 21,414,868
-----------------------------------------------------
10 Shared Dispositive Power
-0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
21,700,033
- ---------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
/ /
- ---------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
45%
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14 Type of Reporting Person (See Instructions)
CO (limited liability company)
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<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 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On November 10, 1999, Heico (and Heisley, indirectly through Heico) acquired
warrants representing the right to purchase 416,240 shares of WorldPort Common
Stock for a price of $.01 per share. These warrants were included in a purchase
of outstanding indebtedness of WorldPort. The $12,500,000 purchase price for
such indebtedness and warrants was obtained by Heico under its existing credit
facilities, which are provided by a group of banks for which Bank of America
serves as agent.
On March 23, 1999, Heico agreed to provide a bond to support a bid by WorldPort
to acquire a telecommunications company in Europe. In consideration of the bond,
WorldPort agreed to issue to Heico 25,000 shares of WorldPort Common Stock at a
purchase price of $.01 per share. The bond provided by Heico was returned when
WorldPort's bid was unsuccessful.
ITEM 4. PURPOSE OF TRANSACTION.
Heico acquired the securities described in Item 3 above for investment purposes.
On November 11, 1999, Heico entered into an Agreement with Energis plc pursuant
to which Heico agreed to vote all of the shares of stock of WorldPort in respect
of which it is authorized to do so to approve the Agreement among WorldPort,
WorldPort International Inc. and Energis plc relating to the sale of the issued
share capital of WorldPort Communications Europe Holding B.V. and WorldPort
Communications Limited and of certain telecommunications switches and Heico
consented to WorldPort consummating the transactions described in the Agreement
with Energis plc.
Heisley and Heico reserve the right to acquire additional shares of WorldPort
Common Stock, to dispose of shares of WorldPort Common Stock or to formulate
other purposes, plans or proposals deemed advisable regarding WorldPort.
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.
<PAGE>
<TABLE>
Shares of WorldPort Common Stock Beneficially Owned
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Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive
- ---- ----------------- ------------------- ---------------------- ------------------
Power
<S> <C> <C> <C> <C>
Michael E. Heisley, Sr. 17,223,628 285,165 17,223,628 -0-
3,750,000 (1) 3,750,000 (1)
416,240 (2) 416,240 (2)
25,000 (3) 25,000 (3)
The Heico Companies, LLC 17,223,628 285,165 17,223,628 -0-
3,750,000 (1) 3,750,000 (1)
416,240 (2) 416,240 (2)
25,000 (3) 25,000 (3)
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.
(2) Represents shares which Heico has the right to acquire upon exercise of
warrants.
(3) Represents shares which WorldPort has agreed to issue to Heico.
</TABLE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
See Item 4 with respect to Heico's agreement with Energis plc.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
1. Agreement dated November 11, 1999 between Energis plc and
The Heico Companies, LLC.
<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.
January 7, 2000
Michael E. Heisley, Sr.
/s/ The Heico Companies, LLC
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The Heico Companies, LLC
By: /s/ Michael E. Heisley, Sr.
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Michael E. Heisley, Sr.
Manager and President
