UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)
MONTEREY BAY BANCORP, INC.
(Name of Issuer)
Common Stock, $.01 par value per share
(Title of Class of Securities)
61239H107
(CUSIP Number)
Dr. Luca Fossati
Findim Investments S.A.
Gradinata Forghee 2
Massagno, Switzerland
011-41-91-568916
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 24, 1998
(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 ( ).
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CUSIP NO. 649389103
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Findim Investments S.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)( )
(b)( )
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED ( )
PURSUANT TO ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Switzerland
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NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING PERSON 350,000 shares of Common Stock
WITH
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8 SHARED VOTING POWER
0
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9 SOLE DISPOSITIVE POWER
350,000 shares of Common Stock
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,000 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.98%
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14 TYPE OF REPORTING PERSON
CO
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This Amendment No. 5 is filed on behalf of Findim Investments S.A.
("Findim") and amends the initial statement dated November 6, 1996 (the "Initial
Statement"), as amended by Amendments Nos. 1 - 4 thereto, with respect to shares
of common stock, $.01 par value (the "Shares"), of Monterey Bay Bancorp, Inc., a
California corporation (the "Issuer"), whose principal executive offices are
located at 36 Brennan Street, Watsonville, California 95076. The purpose of this
Amendment No. 5 is to amend Item 5 of the Initial Statement and to add thereto
the information set forth below under the appropriate item headings.
ITEM 5. Interest in Securities of Issuer.
(a) Findim is the beneficial owner of 350,000 Shares or 9.98% of the
outstanding Shares of the Issuer (based on a total of 3,505,355 Shares
outstanding as reported in the Issuer's press release on PRNewswire dated
December 1, 1998). None of Findim S.p.A. (as defined in the Initial Statement),
Dafofin or, to the best knowledge of Findim, any of the persons set forth in
Exhibit 1 of the Initial Statement are the beneficial owner of any Shares except
(where applicable) by virtue of their direct or indirect ownership interest in
and/or control of Findim.
(b) Findim has the sole power to vote or to direct the vote as to 350,000
Shares and has the sole power to dispose or to direct the disposition of all
such Shares. None of Findim S.p.A., Dafofin or, to the best knowledge of Findim,
any of the persons set forth in Exhibit 1 of the Initial Statement has the sole
or shares power to vote or to direct the vote or to dispose of or to direct the
disposition of any Shares, except (where applicable) by virtue of their direct
or indirect ownership interest in and/or control of Findim.
(c) During the past 60 days, none of Findim, Findim S.p.A., Dafofin or, to
the best knowledge of Findim, any of the persons set forth in Exhibit 1 of the
Initial Statement has effected any transactions in the Shares, except for the
following sales:
Amount Price
of per
Date Shares Share Description
- ---- ------ ----- -----------
February 9, 1998 1,000 $18.45 Market Sale
March 30, 1998 6,500 $24.96 Market Sale
March 31, 1998 3,000 $25.46 Market Sale
August 17, 1998 1,000 $16.00 Market Sale
November 24, 1998 40,250 $14.25 Market Sale
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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: December 3, 1998 FINDIM INVESTMENTS S.A.
/s/ Dr. Luca Fossati
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Dr. Luca Fossati
President and Director
