Page 1 of 4 pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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Engle Homes
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(Name of Issuer)
Convertible Bonds
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(Title of Class of Securities)
292896107
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [X].
(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).
<PAGE>
CUSIP No. 292896107 13G Page 2 of 4 pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Guardian Life Insurance Company of America
13-5123390
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
201 Park Avenue South
New York, New York 10003
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES Right to acquire 403,909 shares of common stock.
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH Right to acquire 403,909 shares of common stock.
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
403,909 shares upon conversion of 7.0%
Convertible Bonds due 3/01/03
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Right to acquire 5.44% of common stock.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 3 of 4 pages
Item 1. (a)
(b)
Item 2. (a) The Guardian Life Insuarance Company of America
(b) 201 Park Avenue South, New York, New York 10003
(c) New York, U.S.A.
(d) Convertible
(e) CUSIP 292896107
Item 3. (c) Insurance Company as defined in section 3(a)(19) of the Act
Item 4. (a) Right to acquire 403,909 shares of common stock upon conversion
of the issuer's 7.00% Convertible Bonds due 3/1/03
(b) Right to acquire 5.44% of common stock
(c) (i) Right to acquire 403,909 shares of common stock
(ii) 0
(iii) Right to acquire 403,909 shares of common stock
(iv) 0
Item 5. Not Applicable
Item 6. Not applicable
Item 7. Not applicable
Item 8. Not applicable
Item 9. Not applicable
<PAGE>
Page 4 of 4 pages
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 purpose 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.
Each of the undersigned hereby agrees that the forgoing Schedule 13G
is to be filed on its behalf by The Guardian Life Insurance Company of
America.
Date: February 14, 1996
The Guardian Life Insurance Company of America
By: /S/ Edward K. Kane
---------------------------------------------
Edward K. Kane, Senior Vice President
