<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Panavision Inc.
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
698390E 10 O
------------
(CUSIP Number)
June 4, 1998
------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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 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 1 of 7 Pages
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- --------------------------
CUSIP No. 698390E 10 O 13G
- --------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (Entities Only).
Warburg, Pincus Capital Company, L.P.
I.D.# 06-1183391
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,526,040
OWNED BY
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,526,040
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,526,040
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.9%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- -------------------------------------------------------------------------------
Page 2 of 7 Pages
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- -------------------------
CUSIP No. 698390E 10 O 13G
- -------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (Entities Only).
Warburg, Pincus & Co.
I.D.# 13-6358475
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,526,040
OWNED BY
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,526,040
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,526,040
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.9%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- -------------------------------------------------------------------------------
Page 3 of 7 Pages
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- ------------------------
CUSIP No. 698390E 10 O 13G
- ------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (Entities Only).
E.M. Warburg, Pincus & Co., LLC
I.D.# 13-3536050
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,526,040
OWNED BY
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,526,040
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,526,040
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.9%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
OO
- -------------------------------------------------------------------------------
Page 4 of 7 Pages
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Item 1(a): Name of Issuer:
Panavision Inc. (the "Issuer").
Item 1(b): Address of Issuer's Principal Executive
Offices:
6219 DeSoto Avenue
Woodland Hills, California 91367
Items 2(a) and 2(b) Name of Person Filing; Address of Principal
Business Office:
This statement is filed by and on behalf of
(a) Warburg, Pincus Caital Company, L.P., a
Delaware limited partnership ("WPCC"); (b)
Warburg, Pincus & Co., a New York general
partnership ("WP"); (c) E.M. Warburg, Pincus
& Co., LLC, a New York limited liability
company ("EMW LLC"), which manages WPCC. WP,
as the sole general partner of WPCC, has a
20% interest in the profits of WPCC. Lionel
I. Pincus is the managing partner of WP
andthe managging member of EMW LLC and may
be deemed to control both WP and EMW LLC.
The members of EMC LLC are substantially the
same as the partners of WP. The business
address of each of the foregoing is 466
Lexington Avenue, New York, New York 10017.
Item 2(c) Citizenship:
Not Applicable.
Item 2(d) Title of Class of Securities:
Common Stock, par value $0.01 per share (the
"Shares").
Item 2(e) CUSIP Number:
698390E 10 O
Item 3 Not Applicable.
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
1,526,040
Page 5 of 7 Pages
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Item 4(b) Percent of Class:
18.9%
Item 4(c) Number of shares as to which such person has
(i) Sole power to vote or to direct the
vote: -0-
(ii) Shared power to vote or to direct
the vote: 1,526,040
(iii) Sole power to dispose or to direct
the disposition of: -0-
(iv) Shared power to dispose or to
direct the disposition of:
1,526,040
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 the Parent Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members
of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
Not Applicable.
Page 6 of 7 Pages
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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.
Dated: June 19, 1998 WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co., its
General Partner
By: /s/ Stephen Distler
--------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & Co.
By: /s/ Stephen Distler
--------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC.
By: /s/ Stephen Distler
--------------------------------
Stephen Distler, Member
Page 7 of 7 Pages
