ST PAUL COMPANIES INC /MN/
SC 13G/A, 1997-02-13
FIRE, MARINE & CASUALTY INSURANCE
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                  SCHEDULE 13G



                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                              (AMENDMENT NO.  4  )*
                                             ---



                              UNIQUEST Incorporated
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                     Common
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    90915Q107
                     ---------------------------------------
                                 (CUSIP Number)


Check the following box if a fee is being paid with this statement ( ).  (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

* 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. 90915Q107                13G                 Page  2  of  5  Pages
          ----------                                        ---    ---
- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON
     S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     The St. Paul Companies, Inc.
     385 Washington Street
     St. Paul, Minnesota 55102                         IRS# 41-0518860

- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                   (a)  (  )
                                                                   (b)  (  )
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

     Minnesota Corporation

- --------------------------------------------------------------------------------
                              5    SOLE VOTING POWER
  NUMBER OF
                                   None
    SHARES
                              --------------------------------------------------
 BENEFICIALLY                 6    SHARED VOTING POWER The St. Paul Companies,
                              Inc., through its wholly-owned subsidiary,
   OWNED BY                   St. Paul Fire and Marine Insurance Company (F&M)
                              beneficially owns 9,750,608 shares of common stock
     EACH                     by virtue of F&M's ownership of 653,594 shares of
                              Series D Preferred stock, 115,384 shares of
   REPORTING                  Series E Preferred stock, (both of which are
                              convertible into 2,380,110 shares of common)
    PERSON                    6,155,083 shares of common stock, and a
                              convertible note in the amount of $1,344,328.76
     WITH                     which is convertible into 1,215,377 shares of
                              common stock, all of which are convertible
                              within 60 days.
                              --------------------------------------------------
                              7    SOLE DISPOSITIVE POWER

                                   None

                              --------------------------------------------------
                              8    SHARED DISPOSITIVE POWER

                                   9,750,608 shares (see remark in Item 6)

- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     9,750,608 shares (see remark in Item 6)

- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     30.9% (Based on last reported information)

- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*
     HC

- --------------------------------------------------------------------------------

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Fee enclosed / / or Amendment No. 4
                                 --

ITEM 1.     (a)    NAME OF ISSUER:   UNIQUEST Incorporated

            (b)    Address of Issuer's Principal Offices:
                   1400 Marina Way South
                   Richmond, CA 94804

ITEM 2.     (a)    NAME OF PERSON FILING:    The St. Paul Companies, Inc.
                                             (see Schedule A)
            (b)    ADDRESS OF PRINCIPAL BUSINESS OFFICE:
                   385 Washington Street
                   St. Paul, MN 55102

            (c)    CITIZENSHIP:       Minnesota corporation

            (d)    TITLE OF CLASS OF SECURITIES:       Common

            (e)    CUSIP NUMBER:   90915Q107

ITEM 3.     This statement is filed pursuant to Rule 13d-1(b).

            (g)    X    Parent Holding Company

ITEM 4.     OWNERSHIP.

            (a)    Amount beneficially owned:  The St. Paul Companies, Inc.,
                   through its wholly owned subsidiary, St. Paul Fire and Marine
                   Insurance Company (F&M), beneficially owns 9,750,608 shares
                   of common stock by virtue of F&M's ownership of 653,594
                   shares of Series D Convertible Preferred Stock, 115,384
                   shares of Series E Convertible Preferred Stock (both of which
                   are convertible into 2,380,110 shares of Common Stock),
                   6,155,083 shares of Common Stock, and a Convertible Note in
                   the principal amount of $1,344,328.76, which is convertible
                   into 1,215,377 shares of Common Stock, all of which are
                   convertible within 60 days.

            (b)    Percent of Class:  The shares reported in Item 4(a), above,
                   constitute 30.9% of the outstanding common shares of the
                   Issuer.

            (c)    Number of shares as to which such person has:

                   (i)     Sole power to vote or direct the vote:  none
                   (ii)    Shared power to vote or direct the vote:  9,750,608
                           (see remark in Item 4(a) above)
                   (iii)   Sole power to dispose or direct the disposition:
                           none
                   (iv)    Shared power to dispose or direct the disposition:
                           9,750,608   (see remark in Item 4(a) above)

<PAGE>

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 THE SUBSIDIARY WHICH ACQUIRED
            THE SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY:

            St. Paul Fire and Marine Insurance Company is an Insurance Company
            under Reg. 240.13d-1(b)(1)(ii)(C)

ITEM 8.     IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

            Not Applicable

ITEM 9.     NOTICE OF DISSOLUTION OF GROUP:

            Not Applicable

ITEM 10.    CERTIFICATION

            By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were acquired in the
            ordinary course of business and were not acquired for the purpose of
            and do not have the effect of changing or influencing the control of
            the issuer of such securities and were not acquired in connection
            with or as a participant in any transaction having such purposes or
            effect.


                                    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.


Date:  February 10, 1997



                                   /s/ Bruce A. Backberg
                                   _____________________________________________
                                   Bruce A. Backberg
                                   Title:  Vice President & Corporate Secretary

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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C.  20549

                                  Schedule 13G

                             EXHIBIT A - DISCLAIMER


Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulation promulgated under authority thereof and is not intended as an
admission that The St. Paul Companies, Inc. or any of its subsidiaries, is a
beneficial owner of the securities described herein for any other purpose.


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