UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
The Goldman Sachs Group, L.P.
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(Last) (First) (Middle)
85 Broad Street
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(Street)
New York, NY 10004
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
The DII Group, Inc.
(DIIG)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
October/1998
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [ X ] Other (specify below)
Former 10% Owner
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ X ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, |
or Beneficially Owned |
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| | | | |6. | |
| | | 4. |5. |Owner- | |
| | | Securities Acquired (A) or |Amount of |ship | |
| | 3. | Disposed of (D) |Securities |Form: |7. |
| | Transaction| (Instr. 3, 4 and 5) |Beneficially |Direct |Nature of |
|2. | Code | -------------------------------|Owned at End |(D) or |Indirect |
1. |Transaction | (Instr. 8) | | (A) | |of Month |Indirect |Beneficial|
Title of Security |Date | -----------| Amount | or | Price |(Instr. 3 |(I) |Ownership |
(Instr. 3) |(mm/dd/yy) | Code | V | | (D) | |and 4) |(Instr.4)|(Instr. 4)|
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | |
Common Stock | 10/23/98 | S | | 40,000 | D | $14.25 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/26/98 | S | | 40,000 | D | $14.50 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/26/98 | S | | 20,000 | D | $14.6875 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/27/98 | S | | 5,000 | D | $14.0625 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/27/98 | S | | 15,000 | D | $14.00 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/27/98 | S | | 12,000 | D | $13.4375 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/27/98 | S | | 18,000 | D | $13.25 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/28/98 | S | | 30,000 | D | $13.25 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/28/98 | S | | 40,000 | D | $13.00 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/28/98 | S | | 30,000 | D | $13.50 | | 01 | 01 |
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| | | | | | | | | |
Common Stock | 10/28/98 | S | | 100 | D | $13.75 | 2,469,900(01)| 01 | 01 |
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
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FORM 4 (continued)
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<CAPTION>
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | | | |9. |10. | |
| | | | | | | |Number |Owner-| |
| | | | | | | |of |ship | |
|2. | | | | | | |Deriv- |of | |
|Conver- | | | 5. | |7. | |ative |Deriv-|11. |
|sion | | | Number of | |Title and Amount | |Secur- |ative |Nature|
|or | | | Derivative |6. |of Underlying |8. |ities |Secur-|of |
|Exer- | |4. | Securities |Date |Securities |Price |Bene- |ity: |In- |
|cise |3. |Trans-| Acquired (A) |Exercisable and |(Instr. 3 and 4) |of |ficially |Direct|direct|
|Price |Trans- |action| or Disposed |Expiration Date |-----------------------|Deriv- |Owned |(D) or|Bene- |
1. |of |action |Code | of (D) |(Month/Day/Year) | |Amount |ative |at End |In- |ficial|
Title of |Deriv- |Date |(Instr| (Instr. 3, |-----------------| |or |Secur- |of |direct|Owner-|
Derivative |ative |(Month/ |8) | 4 and 5) |Date |Expira- | |Number |ity |Month |(I) |ship |
Security |Secur- |Day/ |------| ------------ |Exer- |tion | |of |(Instr. |(Instr. |(Instr|(Instr|
(Instr. 3) |ity |Year) |Code|V| (A) | (D) |cisable |Date |Title |Shares |5) |4) |4) |4) |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
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Instruction 4(b)(v) list of other Reporting Persons:
This statement is being filed by Goldman, Sachs & Co. ("Goldman Sachs") and The
Goldman Sachs Group, L.P. ("GS Group", and together with Goldman Sachs, the
"Reporting Persons"). The principal business address of Goldman Sachs and GS
Group is 85 Broad Street, New York, New York 10004.
Explanation of Responses:
01: The shares reported herein as disposed of were disposed of by Goldman Sachs.
Without admitting any legal obligation, Goldman Sachs will remit appropriate
profits, if any, to the Company. As of October 28, 1998, the Reporting Persons
ceased to be the owners of more than 10% of the shares of the Common Stock
reported to be outstanding in the Company's Quarterly Report on Form 10-Q for
the period ended June 28, 1998 (the "Company's 10-Q"), and are therefore no
longer subject to Section 16.
As of October 28, 1998, Goldman Sachs may be deemed to own beneficially and
directly and GS Group may be deemed to own beneficially and indirectly 2,269,900
shares of Common Stock. Goldman Sachs and GS Group may be deemed to own
beneficially and indirectly 200,000 shares of Common Stock through certain
investment partnerships (the "Limited Partnerships") of which affiliates of
Goldman Sachs and GS Group are the general partner or managing general partner.
GS Group is the general partner of and owns a 99% interest in Goldman Sachs.
Goldman Sachs and GS Group disclaim beneficial ownership of the securities
reported herein as indirectly owned except to the extent of their pecuniary
interest therein.
Signatures:
THE GOLDMAN SACHS GROUP, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
Date: November 10, 1998
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.
