UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
CROWN PACIFIC PARTNERS, L.P.
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(Name of Issuer)
Common Units representing limited partner interests
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(Title of Class of Securities)
228439 10 5
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(CUSIP Number)
Peter W. Stott
Crown Pacific Partners, L.P.
121 S.W. Morrison Street
Suite 1500
Portland, Oregon 97204
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
August 6, 1996
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(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 / /. (A fee is
not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
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).
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SCHEDULE 13D
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CUSIP No. 228439 10 5 2
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter W. Stott
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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*
Securities acquired pursuant to an exchange offer and pursuant to a
purchase with cash.
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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
U.S.A.
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NUMBER OF 7 SOLE VOTING POWER
SHARES 27,694 Common Units; 692,586
BENEFICIALLY Subordinated Units
OWNED BY -----------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING 195,000 Common Units (See Item 5)
PERSON -----------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
27,694 Common units, 692,586
Subordinated Units
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10 SHARED DISPOSITIVE POWER
195,000 Common Units (See Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
222,694 Common Units; 692,586 Subordinated Units
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/x/
Does not include 2,711,318 Subordinated Units held by Crown Pacific,
Ltd., of which Mr. Stott is a member of the board of directors and a
shareholder. Mr. Stott disclaims beneficial ownership of such Units.
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
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14 TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
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CUSIP No. 228439 10 5 3
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Roger L. Krage
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /x/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Securities acquired pursuant to an exchange offer and pursuant to a
purchase with cash.
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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
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NUMBER OF 7 SOLE VOTING POWER
SHARES 382 Common Units; 50,919 Subordinated
BENEFICIALLY Units
OWNED BY ---------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING 195,000 Common Units (See Item 5)
PERSON
WITH 9 SOLE DISPOSITIVE POWER
382 Common Units; 50,919 Subordinated
Units
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10 SHARED DISPOSITIVE POWER
195,000 Common Units (See Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
195,382 Common Units; 50,919 Subordinated Units
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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)
1.0%
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14 TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 3 (the "Amendment No. 3") to the Statement on
Schedule 13D (as heretofore amended, the "Schedule 13D") filed on behalf of Mr.
Peter W. Stott and Mr. Roger L. Krage (together, the "Reporting Persons"),
general partners of SK Partners, an Oregon general partnership ("SK Partners"),
is being filed pursuant to Rule 13d-2 under the Securities Exchange Act of 1934,
as amended (the "Act"). The Reporting Persons are making this joint filing
because they may be deemed to constitute a "group" within the meaning of Section
13(d)(e) of the Act.
Unless otherwise indicated, each capitalized term used but not
otherwise defined herein shall have the meaning assigned to such term in the
Schedule 13D.
Item 4. Purpose of Transaction
Item 4 is hereby amended and supplemented as follows:
On July 31, 1996, SK Partners entered into an Underwriting Agreement
(the "Underwriting Agreement") among Crown Pacific Partners, L.P. (the
"Partnership"), Crown Pacific, Ltd., an Oregon corporation, Crown Pacific
Management Limited partnership, a Delaware limited partnership, Crown Pacific
Limited Partnership, a Delaware limited partnership, Fremont Crown Partners, a
California general partnership, Sequoia Ventures, Inc., a Delaware corporation,
SK Partners, Fremont CPL Partners, L.P., a California limited partnership,
certain other selling unitholders, and the underwriters party thereto (the
"Underwriters").
Pursuant to the Underwriting Agreement, on August 6, 1996 the
Partnership, SK Partners and the other selling unitholders sold to the
Undewriters an aggregate of 10,102,800 Common Units, at a price to public of
$19.00 per Common Unit, net of a $0.95 per Common Unit underwriting discount,
resulting in $18.05 per Common Unit net proceeds to the Partnership and the
selling unitholders. SK Partners sold 440,000 of such Common Units.
Item 5. Interest in Securities of the Issuer
(a) (1) Mr. Stott beneficially owns 915,280 Units (which includes
222,694 Common Units and 692,586 Subordinated Units convertible into Common
Units upon the occurrence of certain events), which represent approximately 3.6%
of the outstanding Common Units. Mr. Stott disclaims beneficial ownership of
2,711,318 Subordinated Units held by CPL.
(2) Mr. Krage beneficially owns 246,301Units (which includes
195,382 Common Units and 50,919 Subordinated Units) which represent
approximately 1.0% of the outstanding Common Units. Mr. Krage disclaims
beneficial ownership of 180,000 of the 195,000 Common Units he has shared power
to vote and dispose of with Mr. Stott.
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(b) As of the date hereof, Mr. Stott has the sole power to vote and
dispose of 27,694 Common Units and 692,586 Subordinated Units and (2) Mr. Krage
has the sole power to vote and dispose of 382 Common Units and 50,919
Subordinated Units. Mr. Stott and Mr. Krage have shared power to vote and
dispose of 195,000 Common Units.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with respect
to Securities of the Issuer
Item 6 is hereby amended and supplemented as follows:
In connection with the sale of 440,000 Common Units by SK Partners,
Fremont released Mr. Stott and Mr. Krage from the pledge as to the entire
635,000 Common Units.
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: August 6, 1996
/s/Peter W. Stott
Peter W. Stott
/s/Roger L. Krage
Roger L. Krage
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