<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Panavision Inc.
---------------
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
698390E 10 O
------------
(CUSIP Number)
February 1, 1999
----------------
(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 9 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 0
OWNED BY
------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ---------- ---------------------------------------------------------------------
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
0%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- ---------- ---------------------------------------------------------------------
Page 2 of 9 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 0
OWNED BY
------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ---------- ---------------------------------------------------------------------
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
0%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- ---------- ---------------------------------------------------------------------
Page 3 of 9 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 0
OWNED BY
------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ---------- ---------------------------------------------------------------------
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
0%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
OO
- ---------- ---------------------------------------------------------------------
Page 4 of 9 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 Capital 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 and the managing 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:
- --------- --------------------------
0
Page 5 of 9 Pages
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Item 4(b) Percent of Class:
- --------- -----------------
0%
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: -0-
(iii) Sole power to dispose or to direct the
disposition of: -0-
(iv) Shared power to dispose or to direct the
disposition of: -0-
Item 5 Ownership of Five Percent or Less of a Class:
- ------ --------------------------------------------
This statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the Shares.
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 9 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: February 10, 1999
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co., its
General Partner
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
WARBURG, PINCUS & Co.
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
E.M. WARBURG, PINCUS & CO., LLC.
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
Page 7 of 9 Pages
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EXHIBIT INDEX
-------------
Exhibit Page
- ------- ----
Joint Filing Agreement, dated February 10, 1999,
among the signatories to this Schedule 13G. 9
Page 8 of 9 Pages
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JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)
-------------------------
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that it knows or has reason to believe that such
information is inaccurate. This Joint Filing Agreement may be executed in any
number of counterparts and all of such counterparts taken together shall
constitute one and the same instrument.
Dated: February 10, 1999
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co., its
General Partner
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
WARBURG, PINCUS & Co.
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
E.M. WARBURG, PINCUS & CO., LLC.
By: /s/ STEPHEN DISTLER
--------------------------------
Name: Stephen Distler
Title:
