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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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Universal Outdoor Holdings, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
91377M 10 5
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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).
(Continued on following page(s))
Page 1 of 6 Pages
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CUSIP No. 91377M 10 5 13G Page 2 of 6 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Daniel L. Simon
###-##-####
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
United States of America
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Number of Shares (5) Sole Voting Power
Beneficially 8,584,008
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With none
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(7) Sole Dispositive Power
7,179,540
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(8) Shared Dispositive Power
none
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
8,584,008
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
N/A
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(11) Percent of Class Represented by Amount in Row (9)
32.4%
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(12) Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 6 Pages
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934
ITEM 1.
(a) Universal Outdoor Holdings, Inc.
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(Name of Issuer)
(b) 321 North Clark Street, Suite 1010, Chicago, Illinois 60610
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(Address of Issuer's Principal Executive Offices)
ITEM 2.
(a) Daniel L. Simon
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(Name of Person Filing)
(b) 321 North Clark Street, Suite 1010, Chicago, Illinois 60610
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(Address of Principal Business Office)
(c) United States of America
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(Citizenship)
(d) common stock of Universal Outdoor Holdings, Inc., $0.01 par value per
share
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(Title of Class of Securities)
(e) 91377M 10 5
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(CUSIP Number)
ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
NOT APPLICABLE
Page 3 of 6 Pages
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ITEM 4. Ownership.
(a) 8,584,008 shares of common stock of Universal Outdoor Holdings, Inc.(1)
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(Amount Beneficially Owned)
(b) 32.4%
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(Percent of Class)
(c) Number of shares as to which such person has:
(i) 8,584,008 shares
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(sole power to vote or to direct the vote)
(ii) none
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(shared power to vote or to direct the vote)
(iii) 7,179,540 shares
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(sole power to dispose or to direct the disposition of)
(iv) none
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(shared power to dispose or to direct the disposition of)
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.
Brian T. Clingen is the beneficial owner of 802,852 shares of Common
Stock, 352,078 shares issuable to him upon exercise of certain warrants and
125,008 shares held by the Clingen Family Limited Partnership of which he is the
general partner, which represent in the aggregate 5.3% of the outstanding Common
Stock. The voting rights for such securities have been granted to Daniel L.
Simon pursuant to a voting trust agreement.
ITEM 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
NOT APPLICABLE
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(1) Includes 124,530 shares beneficially owned by Paul G. Simon, the
brother of Daniel L. Simon, the voting rights of which have been granted to
Daniel L. Simon pursuant to a voting trust agreement (such shares represent less
than 1% of the outstanding common stock of Universal Outdoor Holdings, Inc.)
Page 4 of 6 Pages
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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 5 of 6 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.
/s/ Daniel L. Simon
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Daniel L. Simon
February 13, 1997
