<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Cyberguard Corporation
----------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
231910100
------------------
(CUSIP Number)
Andrew S. Paul, Esq.
c/o Tudor Investment Corporation
One Liberty Plaza (51st Floor)
New York, New York 10006
(212) 602-6700
----------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 12, 1997
----------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [ ].
Page 1
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor Investment Corporation
TIN: 22-2514825
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 322,500
EACH ------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ------------------------------------
10 SHARED DISPOSITIVE POWER
322,500
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
322,500
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.4%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 2
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul Tudor Jones, II
TIN:
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ---------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 337,600
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
337,600
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
337,600
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.6%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------
Page 3
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Raptor Global Fund Ltd.
TIN: n/a
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- -----------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- -----------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 136,200
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
136,200
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
136,200
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 4
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Raptor Global Fund L.P.
TIN: 13-3735415
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 54,100
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
54,100
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
54,100
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------
Page 5
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor Arbitrage Partners L.P.
TIN: 13-3496979
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 15,100
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
15,100
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
15,100
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------
Page 6
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor Global Trading LLC
TIN: 13-3862744
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 15,100
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
15,100
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
15,100
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
- ------------------------------------------------------------
Page 7
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- ---------------------
CUSIP NO. 231910100
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor BVI Futures, Ltd.
TIN: n/a
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 132,200
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
132,200
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
132,200
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 8
<PAGE>
Item 1. Security and Issuer
-------------------
This Amendment No. 2, dated March 18, 1997, to Statement on Schedule
13D, relates to the common stock, par value $.01 per share ("Common Stock"), of
Cyberguard Corporation, a Florida corporation (the "Company"), filed by Tudor
Investment Corporation, a Delaware corporation ("TIC"), Paul Tudor Jones, II, a
natural person and a citizen of the United States ("Mr. Jones"), The Raptor
Global Fund Ltd., a company organized under the laws of the Cayman Islands
("Raptor Ltd."), The Raptor Global Fund L.P., a Delaware limited partnership
("Raptor L.P."), Tudor Arbitrage Partners L.P., a Delaware limited partnership
("TAP"), Tudor Global Trading LLC, a Delaware limited liability company ("TGT")
and Tudor BVI Futures, Ltd., a corporation organized under the laws of the
British Virgin Islands ("Tudor BVI", and collectively with TIC, Mr. Jones,
Raptor Ltd., Raptor L.P., TAP, and TGT, the "Reporting Persons")./*/ The
summaries of information on schedules attached hereto are qualified in their
entirety by reference to such schedules, which are incorporated by reference
herein.
The Company's principal executive offices are located at 2101 West
Cypress Creek Road, Fort Lauderdale, Florida 33309.
Item 2. Identity and Background.
-----------------------
No change except the following:
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each natural person that is a director or executive officer of TIC, TGT, Raptor
Ltd. or Tudor BVI is set forth on Schedule I hereto and is incorporated by
reference herein. TIC is the sole general partner of Raptor L.P. TGT is the
sole limited partner of TAP.
During the last five years, none of the Reporting Persons, or to the
best knowledge and belief of the Reporting Persons, any of the individuals
listed on Schedule I hereto, has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which any Reporting Person
- ----------
/*/ For purposes of this Statement on Schedule 13D the Reporting Persons have
filed as a "group". Nevertheless, the Reporting Persons hereby disclaim that
they are members of a "group" for purposes of Section 13(d) of the Securities
Exchange Act of 1934 or for any other purpose.
Page 9
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or any person listed on Schedule I was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting activities subject
to, federal or state securities laws or finding any violation of such law,
except as follows:
On September 12, 1996, TIC settled a proceeding with the Securities
and Exchange Commission (the "SEC") relating to alledged violations of the
"uptick rule" in connection with certain sales of stock over a two day period in
March 1994. Without admitting or denying the SEC's findings, TIC paid a civil
penalty of $800,000, and agreed not to violate the uptick rule in the future.
Except as set forth in this Schedule 13D, none of the Reporting
Persons currently has any plans or proposals which relate to or would result in
any of the transactions, actions or events enumerated in paragraphs (a) through
(j) of the instructions to Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
------------------------------------
Attached hereto as Schedule II is a list of the transactions by each
of the Reporting Persons in Common Stock since May 7, 1996.
Because TIC is the sole general partner of Raptor L.P. and provides
investment advisory services to Raptor Ltd., Raptor L.P. and Tudor BVI, TIC may
be deemed to beneficially own the shares of Common Stock owned by each of such
Reporting Persons. TGT, as the sole general partner of TAP, may be deemed to
beneficially own the shares of Common Stock owned by TAP. In addition, because
Mr. Jones owns a majority of the capital stock and voting securities of TIC and
indirectly owns a majority of the equity interests in TGT, Mr. Jones may be
deemed to beneficially own the shares of Common Stock deemed beneficially owned
by TIC and TGT.
Based on the information contained in the Company's Form 10-Q for the
period ended December 31, 1996 that there are 7,379,758 shares of Common Stock
issued and outstanding as of February 13, 1997, each Reporting Person
beneficially owns (or, with respect to TIC, Mr. Jones and TGT, may be deemed to
beneficially own) the number and percentage of outstanding shares of Common
Stock listed in the responses to Items 11 and 13, respectively, of the cover
page filed herewith for such Reporting Person. In addition, the number of
shares of Common Stock beneficially owned (or, with respect to TIC, Mr. Jones
and TGT, which may be deemed beneficially owned) by each Reporting Person with
respect to which such Reporting Person (i) has sole voting power, (ii) shares
voting power, (iii) has sole dispositive power and (iv) shares dispositive power
are listed in the responses to Items 7, 8, 9 and 10, respectively, of the cover
page filed
Page 10
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herewith for such Reporting Person. The voting and dispositive power is reported
as shared because each of the Reporting Persons (other than TIC and Mr. Jones)
has the power to remove TIC as its investment advisor or general partner. Each
of the Reporting Persons (other than TIC and Mr. Jones) expressly disclaim
beneficial ownership of the shares of Common Stock beneficially owned by any
other Reporting Person and each of TIC, Mr. Jones and TGT disclaim beneficial
ownership of the Common Stock beneficially owned by Raptor Ltd., Raptor L.P.,
TAP, Tudor BVI and, in the case of TIC and Mr. Jones, TGT.
Following the sales reported on Schedule II, none of the Reporting
Persons remained the beneficial owner, pursuant to Rule 13(d)(1)(i), of more
than 5% of the Common Stock of the Company.
Page 11
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Schedule 13D is true, complete
and correct.
Dated: March 18, 1997
TUDOR INVESTMENT CORPORATION
By: /s/ Andrew S. Paul
---------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
/s/ Paul Tudor Jones, II
-------------------------
Paul Tudor Jones, II
THE RAPTOR GLOBAL FUND LTD.
By: TUDOR INVESTMENT CORPORATION,
Trading Advisor
By: /s/ Andrew S. Paul
---------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
THE RAPTOR GLOBAL FUND L.P.
By: TUDOR INVESTMENT CORPORATION,
General Partner
By: /s/ Andrew S. Paul
---------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
Page 12
<PAGE>
TUDOR ARBITRAGE PARTNERS L.P.
By: TUDOR GLOBAL TRADING LLC,
General Partner
By: /s/ Andrew S. Paul
---------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
By: TUDOR GLOBAL TRADING LLC
By: /s/ Andrew S. Paul
-------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
TUDOR BVI FUTURES, LTD.
By: TUDOR INVESTMENT CORPORATION,
Trading Advisor
By: /s/ Andrew S. Paul
-------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
Page 13
<PAGE>
Schedule I
EXECUTIVE OFFICERS AND DIRECTORS
OF THE REPORTING PERSONS
I. TIC
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each executive officer or director of TIC is set forth below. Unless otherwise
indicated (i) the principal occupation or employment of such person is as an
executive officer or director of TIC, (ii) the business address of such person
is c/o TIC at the address of TIC set forth under Item 2 of this Schedule 13D,
(iii) such person is a citizen of the United States and (iv) to the knowledge of
the Reporting Persons, such person does not beneficially own and has not had any
transactions in the Common Stock.
Principal Occupation/
Name Business Address
- ---- -----------------------------
Paul Tudor Jones, II/*/ Chairman of the Board of Directors, Chief Executive
Officer of TIC.
Mark F. Dalton Director, President and Chief Operating Officer of TIC.
James J. Pallotta Director and Vice President of TIC.
Mark A. Heffernan Director of TIC. Mr. Heffernan trades in
Citizen of United securities and other financial instruments
Kingdom for Tudor Proprietary Trading L.L.C. and certain
investment funds advised by Tudor Capital (U.K.), L.P.,
both of which are located at The Upper Mill, Kingston
Road, Ewell, Surrey KT17 2AF, England.
Andrew S. Paul Director, Vice President, General Counsel and Corporate
Secretary of TIC.
Richard L. Fisher Director of TIC. Mr. Fisher is Vice President of
Investments and Acquisitions and a Managing Director of
Dunavant Enterprises, Inc., 3797 Getwell Road, Memphis,
TN 38118.
Mark Pickard Vice President and Chief Financial Officer of TIC.
- ----------
/*/ See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential
beneficial ownership of Common Stock.
Page 14
<PAGE>
II. RAPTOR LTD.
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each executive officer or director of Raptor Ltd. is set forth below. Unless
otherwise indicated (i) the principal occupation or employment of such person is
as set forth below, (ii) the business address of such person is c/o Inter
Caribbean Services Ltd., (iii) such person is a citizen of the country set forth
below and (iv) to the knowledge of the Reporting Persons, such person does not
beneficially own and has not had any transactions in the Common Stock.
Principal Occupation/
Name Business Address
- ---- -------------------------------
Inter Caribbean Services Ltd. Director of Raptor Ltd. The principal place of
Incorporated in British business of Inter Caribbean Services Ltd. is
Virgin Islands c/o Curacao International Trust Company N.V.
("CITCO"), Kaya Flamboyan 9, Netherlands
Antilles.
Bernard A. Loze Director of Raptor Ltd. Chairman and Chief
Citizen of France Executive Officer of Loze et Associe, 43, Avenue
Marceau, Paris 75116, France, which is a
consulting firm that provides financial and
investment advice to international clients.
Arpad A. Busson Director of Raptor Ltd. Chairman of European
Citizen of France Investment Managers, c/o Harney, Westwood &
Riegels, P.O. Box 71, Road Town, Tortola, British
Virgin Islands, which is a consulting and money
management firm.
Jean-Pierre Jacquemoud Director of Raptor Ltd. Attorney, Jacquemoud &
Citizen of Switzerland Stanislas, 2, rue Bellow, Geneva 1206,
Switzerland.
Page 15
<PAGE>
III. TUDOR GLOBAL TRADING LLC
The name and present principal occupation or employment of each
executive officer of TGT is set forth below. Each of such persons holds
identical titles for TIC and TGT. The business address of such person is c/o
TIC at the address of TIC set forth under Item 2 of this Schedule 13D, each such
person is a citizen of the United States and to the knowledge of the Reporting
Persons, such person does not beneficially own and has not had any transactions
in the Common Stock.
Name Principal Occupation
- ---- ---------------------------------------
Paul Tudor Jones, II/*/ Chairman of the Board of Directors, Chief Executive
Officer of TIC.
Mark F. Dalton Director, President and Chief Operating Officer of TIC.
James J. Pallotta Director and Vice President of TIC.
Andrew S. Paul Director, Vice President, General Counsel and Corporate
Secretary of TIC.
Mark Pickard Vice President and Chief Financial Officer of TIC.
- ----------
/*/ See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential
beneficial ownership of Common Stock.
Page 16
<PAGE>
IV. TUDOR BVI
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each executive officer or director of Tudor BVI is set forth below. To the
knowledge of the Reporting Persons, the below listed persons neither currently
beneficially own nor have had any transactions in the Common Stock.
Principal Occupation/
Name Business Address
- ---- -------------------------------
Inter Caribbean Services Director of Tudor BVI. See information under
Ltd. Raptor Ltd.
David P. d'Abrumenil Director of Tudor BVI.
Citizen of United Kingdom Chairman, Lionspring Enterprises Limited, 36 John
Street, London WC1N 2AT, England, which is a
financial consulting firm.
Jean-Pierre Jacquemoud Director of Tudor BVI. See information under
Citizen of Switzerland Raptor Ltd.
Bernard A. Loze Director of Tudor BVI. See information under Raptor
Ltd.
Arpad A. Busson Director of Tudor BVI. See information under Raptor
Ltd.
Page 17
<PAGE>
Schedule II
TRANSACTIONS
All shares of Common Stock were purchased or sold in open market
transactions for cash.
Tudor BVI
- -------------
Date Transaction # Shares $/Share
- ------------- --------------- ------------ -----------
5/29/96 Purchase 5,800 $20.2500
7/2/96 Sale 4,500 $16.7500
7/2/96 Sale 5,800 $16.7500
7/2/96 Sale 4,400 $16.7500
1/15/97 Sale 8,800 $ 9.0000
1/15/97 Sale 3,600 $ 9.0000
1/16/97 Sale 6,800 $ 9.3560
1/16/97 Sale 6,500 $ 9.3560
1/16/97 Sale 100 $ 9.3560
1/16/97 Sale 7,200 $ 9.3560
2/21/97 Sale 1,300 $10.0625
2/21/97 Sale 1,900 $10.0625
2/21/97 Sale 3,600 $10.0625
3/12/97 Sale 16,500 $11.5272
Total Common Stock beneficially owned as of the date this Schedule 13D: 132,200
Raptor L.P.
- -------------
Date Transaction # Shares $/Share
- ------------- --------------- ------------ -----------
5/29/96 Purchase 900 $20.2500
7/2/96 Sale 400 $16.7500
7/2/96 Sale 900 $16.7500
7/2/96 Sale 1,700 $16.7500
1/15/97 Sale 300 $ 9.0000
1/15/97 Sale 3,300 $ 9.0000
1/16/97 Sale 2,300 $ 9.3560
1/16/97 Sale 5,700 $ 9.3560
2/21/97 Sale 2,500 $10.0625
2/21/97 Sale 400 $10.0625
3/12/97 Sale 6,700 $11.5272
Total Common Stock beneficially owned as of the date of this Schedule 13D:
54,100
Page 18
<PAGE>
TAP
- ---
Date Transaction # Shares $/Share
- ------------- --------------- ------------ -----------
5/29/96 Sale 9,400 $20.2500
7/2/96 Sale 600 $16.7500
7/2/96 Sale 700 $16.7500
1/16/97 Sale 1,100 $ 9.3560
1/16/97 Sale 1,200 $ 9.3560
3/12/97 Sale 2,000 $11.5272
Total Common Stock beneficially owned as of the date of this Schedule 13D:
15,100
Raptor Ltd.
- -------------
Date Transaction # Shares $/Share
- ------------- --------------- ------------ -----------
5/29/96 Purchase 2,700 $20.2500
7/2/96 Purchase 19,000 $16.7500
12/31/96 Purchase 15,000 $11.9583
1/15/97 Sale 1,300 $ 9.0000
1/15/97 Sale 2,700 $ 9.0000
1/16/97 Sale 5,800 $ 9.3560
1/16/97 Sale 1,900 $ 9.3560
1/16/97 Sale 11,400 $ 9.3560
2/21/97 Sale 1,600 $10.0625
2/21/97 Sale 5,500 $10.0625
3/12/97 Sale 16,900 $11.5272
Total Common Stock beneficially owned as of the date of this Schedule 13D:
136,200
Page 19
