SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
United States Satellite Broadcasting Company, Inc.
(Name of Issuer)
Class A Common Stock, $.0001 par value
Title of Class of Securities
912534 10 4
(CUSIP Number)
King Harris, 200 South Wacker Drive, Suite 700
Chicago, Illinois 60606-5802 (312/831-1070)
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 2, 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 this
statement [ ]
(Continued on the following pages)
13D
CUSIP No. 912534 10 4 | Page 2 of 13
__________________________________________________________________
| 1) Name of Reporting Person
| S.S. or I.R.S. Identification No. of Above Person
|
| Pittway Corporation
| I.R.S. Identification No. 13-5616408
|_________________________________________________________________
| 2) Check the Appropriate Box if a Member of a Group
| (a) [ ]
| (b) [ ]
|_________________________________________________________________
| 3) SEC Use Only
|
|_________________________________________________________________
| 4) Source of Funds
| WC
|_________________________________________________________________
| 5) Check 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 | 3,781,375
| Shares __________________________________________________
| Beneficially | 8) Shared Voting Power
| Owned By |
| Each __________________________________________________
| Reporting | 9) Sole Dispositive Power
| Person | 3,781,375
| With __________________________________________________
| | 10) Shared Dispositive Power
| |
|_________________________________________________________________
| 11) Aggregate Amount Beneficially Owned by Each
| Reporting Person
| 3,781,375
|_________________________________________________________________
| 12) Check if the Aggregate Amount in Row (11)
| Excludes Certain Shares
| [ ]
|_________________________________________________________________
| 13) Percent of Class Represented By Amount in Row (11)
| 19.5%
|_________________________________________________________________
| 14) Type of Reporting Person
| CO
|________________________________________________________________
13D
CUSIP No. 912534 10 4 | Page 3 of 13
__________________________________________________________________
| 1) Name of Reporting Person
| S.S. or I.R.S. Identification No. of Above Person
|
| Pittway Corporation Charitable Foundation
| I.R.S. Identification No. 36-6149938
|_________________________________________________________________
| 2) Check the Appropriate Box if a Member of a Group
| (a) [ ]
| (b) [ ]
|_________________________________________________________________
| 3) SEC Use Only
|
|_________________________________________________________________
| 4) Source of Funds
| WC
|_________________________________________________________________
| 5) Check 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 |
| Shares __________________________________________________
| Beneficially | 8) Shared Voting Power
| Owned By | 386,000
| Each __________________________________________________
| Reporting | 9) Sole Dispositive Power
| Person |
| With __________________________________________________
| | 10) Shared Dispositive Power
| | 386,000
|_________________________________________________________________
| 11) Aggregate Amount Beneficially Owned by Each
| Reporting Person
| 386,000
|_________________________________________________________________
| 12) Check if the Aggregate Amount in Row (11)
| Excludes Certain Shares
| [ ]
|_________________________________________________________________
| 13) Percent of Class Represented By Amount in Row (11)
| 2.0%
|_________________________________________________________________
| 14) Type of Reporting Person
| OO
|________________________________________________________________
Page 4 of 13
Item 1. Security and Issuer
Class A Common Stock, $.0001 par value
United States Satellite Broadcasting Company, Inc. ("USSB")
3415 University Avenue
St. Paul, Minnesota 55114
Item 2. Identity and Background
Parts (a), (b) and (c)-
Reporting Persons
1. Pittway Corporation (a Delaware corporation; "Pittway"),
a manufacturer and distributor of electronic alarm
equipment and a publisher of trade magazines and
directories, 200 South Wacker Drive, Chicago, Illinois
60606.
2. Pittway Corporation Charitable Foundation, an Illinois
not-for-profit corporation: its directors and officers are
Irving B. Harris (chairman and director); Neison Harris
(president and director); King Harris (vice president and
director); William W. Harris (director); Sidney Barrows
(director); E. David Coolidge III (director);
Paul R. Gauvreau (vice president and treasurer);
William E. Zermuehlen (secretary), assistant secretary,
Pittway Corporation. (Note 1)
Directors and Executive Officers of Pittway
(Unless otherwise indicated, the business address of each
person is the same as Pittway)
3. Eugene L. Barnett, Director; 1621 Mission Hill Road,
Northbrook, IL 60062
4. Sidney Barrows, Vice Chairman and Director; 150 South
Fifth Street, Suite 2300, Minneapolis MN 55402,
Of Counsel, Leonard, Street and Deinhard, Law Firm
5. Fred Conforti, Vice President and Director; President
of Pittway's Systems Technology Group
6. E. David Coolidge III, Director; Chief Executive Officer
of William Blair & Company L.L.C., 222 West Adams
Street, Chicago, IL 60606
Page 5 of 13
7. Anthony Downs, Director; Senior Fellow, Brookings
Institution, 1775 Massachusetts Avenue, NW, Washington,
DC 20036
8. Leo A. Guthart, Vice Chairman and Director; Chairman of
Pittway's Ademco Security Group
9. Irving B. Harris, Chairman of the Executive Committee and
Director; Chairman of the Board of The Acorn Investment
Trust, 2 N. LaSalle Street, Chicago, IL 60602
10. King Harris, President and Director
11. Neison Harris, Chairman and Director
12. William W. Harris, Director; Private investor, 2 N.
LaSalle Street, Chicago, IL 60602
13. Jerome Kahn, Jr., Director; Vice President of William
Harris Investors, Inc., 2 N. LaSalle Street, Chicago,
IL 60602
14. Leo F. Mullin, Director; Vice Chairman of
Unicom/Commonwealth Edison, 10 S. Dearborn, Chicago, IL
60603
15. Thomas L. Kemp, Vice President; Chairman of Penton
Publishing, Inc., a wholly owned subsidiary of Pittway
16. Daniel J. Ramella, Vice President; President of Penton
Publishing, Inc.
17. Paul R. Gauvreau, Financial Vice President and
Treasurer
18. Edward J. Schwartz, Vice President
19. Philip V. McCanna, Controller
20. James F. Vondrak, Secretary
Persons Who May Be Deemed to Control Pittway
(Unless otherwise indicated or reported above, (a) the
persons named have no present principal occupation or
employment and (b) the address of each person is c/o William
Harris Investors, 2 N. LaSalle Street, Chicago, Il 60602)
21. Irving B. Harris
22. Neison Harris
Page 6 of 13
23. The William W. Harris Trust f/b/o William W. Harris;
trustees: Jerome Kahn, Jr. (employee of William Harris
Investors, Inc. -"WHI", investment advisors), William W.
Harris, Roberta Harris and Boardman Lloyd. WHI, a
Delaware corporation, is owned by Irving B. Harris,
William W. Harris, Virginia H. Polsky and Roxanne H.
Frank. The directors and officers are Irving B. Harris
(director and chairman), Jerome Kahn, Jr. (president and
director), Jack R. Polsky (director and executive vice
president) Michael S. Resnick (vice president and
secretary), Peter E. Martin (vice president), Gary J.
Neumayer (treasurer), Michael C. McQuinn (assistant
treasurer) and Beth Stephens (assistant treasurer).
24. King W. Harris
25. Sidney Barrows
26. William Harris & Co., Inc.; a Delaware corporation wholly
owned by Irving B. Harris; directors and officers are
Irving B. Harris (director and president); William W.
Harris (director); Jerome Kahn, Jr. (vice president);
Jack Polsky (vice president); Michael S. Resnick (vice
president); Gary J. Neumayer (treasurer); Michael C.
McQuinn (assistant treasurer) and Wesley Saul (secretary).
The principal occupation of each officer and director is
described above for persons #8, 11, 12 and the officers
for person #22.
27. The Roxanne H. Frank Trust f/b/o Roxanne H. Frank;
trustees: Jerome Kahn, Jr., Roxanne H. Frank and Jack
Polsky.
28. The Virginia H. Polsky Trust f/b/o Virginia H. Polsky;
trustees: Jerome Kahn, Jr., Virginia H. Polsky and Jack
Polsky.
29. June Harris Barrows
30. Nancy Meyer Trust f/b/o Nancy Meyer; trustees: Nancy
Meyer and Jerome Kahn, Jr.
31. Daniel Meyer Trust f/b/o Daniel Meyer, President, Union
Square Cafe Corporation, 21 E. 16th St., New York, NY
10003, trustees: Jerome Kahn, Jr. and Daniel Meyer.
32. Thomas Meyer, teacher, San Mateo Country School
District, San Mateo, California.
33. James Polsky
Page 7 of 13
34. Jack Polsky, William Harris Investors, Inc.
35. Charles Polsky
36. George Polsky
37. Jean Polsky
38. Harrock Limited Partnership; general partner and
principal limited partner: The William W. Harris Trust
(see person # 22 above.)
Trusts dated 11/19/76, trustees: Jerome Kahn, Jr. and
Jack Polsky:
Roxanne H. Frank Trusts f/b/o:
39. Nancy Meyer
40. Daniel Meyer
41. Thomas Meyer
Virginia H. Polsky Trusts f/b/o:
42. James Polsky
43. Jack Polsky
44. Charles Polsky
45. George Polsky
46. Jean Polsky
Trusts dated 11/19/76, trustees: Jerome Kahn, Jr. and
Michael S. Resnick:
William W. Harris Trusts f/b/o:
47. Benjamin Harris
48. David Harris
Trusts dated 12/29/75, trustees: Jerome Kahn, Jr. and
Jack Polsky:
Roxanne H. Frank Trusts f/b/o:
49. Nancy Meyer
50. Daniel Meyer
51. Thomas Meyer
Virginia H. Polsky Trusts f/b/o:
52. James Polsky
53. Jack Polsky
54. Charles Polsky
55. George Polsky
56. Jean Polsky
Page 8 of 13
Trusts dated 12/29/75, trustees: Jerome Kahn, Jr. and
Michael S. Resnick:
William W. Harris Trusts f/b/o:
57. Benjamin Harris
58. David Harris
Irving B. Harris Trusts dated 2/27/74;
Trustee: Roxanne H. Frank f/b/o:
59. Nancy Meyer
60. Daniel Meyer
61. Thomas Meyer
Trustee: Virginia H. Polsky f/b/o:
62. James Polsky
63. Jack Polsky
64. Charles Polsky
65. George Polsky
66. Jean Polsky
Trustee: William W. Harris f/b/o:
67. Benjamin Harris
68. David Harris
69. Bette D. Harris (Note 1)
70. Toni H. Paul (Note 1)
71. Katherine Harris Trust, f/b/o Katherine Harris;
trustees: Katherine Harris and King W. Harris (Note 1)
72. Rosetta Harris (Note 1)
Bette D. Harris Trusts dated 1/13/59, trustees:
Katherine Harris and King W. Harris f/b/o (Note 1):
73. Children of King W. Harris
74. Children of Toni H. Paul
75. King W. Harris Children's Trust; trustees: Katherine
Harris, Sidney Barrows and Denise Saul (Note 1)
76. Toni H. Paul Children's Trust; trustees: King Harris and
Katherine Harris (Note 1)
77. Pam F. Szokol Trust, f/b/o Pam F. Szokol; trustees:
Pam F. Szokol and King W. Harris (Note 1)
78. William J. Friend Trust, f/b/o William J. Friend,
Assistant to President, Pittway Corporation; trustees:
William J. Friend and King W. Harris (Note 1)
Page 9 of 13
79. Scott C. Friend Trust, f/b/o Scott C. Friend, Director of
Sales & Marketing, Learning Sciences Corporation,
189 State Street, Boston MA 02109;
trustee: King W. Harris (Note 1)
80. Katherine Harris, custodian for John B. Harris (Note 1)
King W. Harris, custodian for (Note 1) -
81. Charles H. Paul
82. Kelly L. Paul
83. Neison Harris Trust dated 12/27/48 f/b/o Toni H. Paul;
trustees: Katherine Harris, King W. Harris and American
National Bank and Trust Company of Chicago, 33 N. LaSalle
Street, Chicago, IL 60690; (Note 1)
Neison Harris Trust dated 1/12/54; trustees: Katherine
Harris, King W. Harris and American National Bank
and Trust Company of Chicago, f/b/o (Note 1):
84. Katherine Harris and children
85. King W. Harris and children
86. Toni H. Paul and children
87. Neison Harris Trust dated 12/19/50 f/b/o Toni H. Paul;
trustees: Katherine Harris, King W. Harris and American
National Bank and Trust Company of Chicago, (Note 1)
88. Mary Ann Barrows Wark
89. Patricia Barrows Rosbrow, psychologist
90. Donna E. Barrows
91. Robert L. Barrows, lawyer, partner in Leonard, Street &
Deinard, 150 South Fifth Street, Suite 2300,
Minneapolis, Minnesota 55402
92. The William Harris Settler Trust f/b/o William H.
Barrows; trustees: Irving B. Harris and Neison Harris;
Trust u/w/ of Mildred Harris; trustees: Irving B. Harris
and Neison Harris; f/b/o:
93. Mary Ann Barrows Wark
94. Patricia Barrows Rosbrow
95. William H. Barrows
96. Robert L. Barrows
97. Joan W. Harris Rev Trust, trustee: Joan W. Harris
Page 10 of 13
98. Harris Foundation, a Minnesota not-for-profit
corporation; its directors and officers are Irving B.
Harris (chairman); Joan Harris (vice chairman); William
W. Harris (vice chairman); Sidney Barrows (assistant
vice chairman); Benno F. Wolff (secretary), lawyer,
partner in Oppenheimer, Wolff, Foster, Shepard &
Donnelly, 1700 First National Bank Building, St. Paul,
MN 55101; Neison Harris; Daniel Meyer; Roxanne Frank;
Virginia Polsky.
99. Jerome Kahn, Jr. Trust, trustee: Jerome Kahn, Jr.
100. Irving Harris Foundation A, an Illinois not-for-profit
corporation; its directors and officers are Roxanne H.
Frank (president, secretary, treasurer and director);
Nancy Meyer (vice president and director);
Daniel Meyer (vice president and director);
Thomas Meyer (vice president and director);
Jerome Kahn, Jr. (assistant secretary);
Jack R. Polsky (assistant treasurer).
101. Irving Harris Foundation B, an Illinois not-for-profit
corporation; its directors and officers are Virginia H.
Polsky (president, secretary, treasurer and director);
Richard Polsky (vice president and director);
James Polsky (vice president and director);
Jack R. Polsky (vice president and director);
Charles Polsky (vice president and director);
George Polsky (vice president and director);
Jean Polsky (vice president and director);
Jerome Kahn, Jr. (assistant secretary);
Beth Stephens (assistant treasurer).
Note 1: Address is 333 Skokie Boulevard, Suite 114, Northbrook,
Illinois 60062-1624.
Irving B. Harris and Neison Harris are brothers and Sidney
Barrows is their brother-in-law. William W. Harris is the son of
Irving B. Harris and King W. Harris is the son of Neison Harris. All
of the other persons named as Persons Who May Be Deemed to Control
Pittway herein are either (1) the children, grandchildren or spouses
of one of the five individuals named in this paragraph, or spouses of
such children or grandchildren, (2) trusts or custodial accounts for
the benefit of such children or grandchildren, or (3) persons who
have granted voting and/or dispositive power to, or are affiliates
of, one of the five individuals named in this paragraph. The
custodians and at least one trustee of each trust named herein have
either a family or business relationship with one or more of the five
individuals named in this paragraph.
Page 11 of 13
Because of the above described relationships, persons #2 and #21
through #101 named in this Item 2 may be deemed to be a group within
the meaning of Section 13(d) of the Securities Exchange Act of 1934
and the Rules and Regulations thereunder. By reason of beneficial
ownership of stock of Pittway by themselves and the positions of
certain of them with Pittway and its subsidiaries, certain of such
persons may be deemed to be in control of Pittway.
(d) During the last five years, none of the persons named above
has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) During the last five years, none of the persons named above
has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction resulting in any
judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
(f) Each of the persons named above is a citizen of, or entity
organized in the United States.
Item 3. Source and Amount of Funds or Other Consideration
On January 2, 1997, Pittway made a contribution of 386,000
shares of USSB Common Stock to the Pittway Corporation Charitable
Foundation (Person #2, "the Foundation").
Item 4. Purpose of Transaction
The USSB securities are held by Pittway and the Foundation as an
investment. Neither Pittway nor any of the other persons named in
Item 2 above have any present plans or proposals which relate to or
would result in any of the actions described in sections (a) through
(j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
Parts(a) and (b)
The aggregate number of outstanding shares of USSB stock owned by
Pittway and the Foundation is 4,167,375 shares of Common Stock. Each
share of Common Stock is convertible by its owner into one share of
Class A Common Stock. Upon conversion (and if no other options,
warrants, rights or conversion privileges held by others were
exercised) Pittway and the Foundation would own an aggregate of 21.5%
of the outstanding shares of Class A Common Stock:
Page 12 of 13
Number of Per Cent of
Class A Outstanding
Person Shares Class A Shares
Pittway 3,781,375 19.5%
The Foundation 386,000 2.0%
4,167,375 21.5%
The following table lists the number of shares of USSB Class A Common
Stock beneficially owned by each of the other persons named in Item 2
(designated by the number corresponding to such name in Item 2)
without regard to shares owned by Pittway and the related percentage
of Class A Common Stock assumed outstanding for purposes of Schedule
13D.
Number of Per Cent of
Class A Outstanding
Person Shares Class A Shares
4. & 25. Sidney Barrows 188,700* 1.2%
17. Paul R. Gauvreau 9,000 0.0%
27. Roxanne H. Frank Trust 14,400 0.1%
29. June Harris Barrows 59,850 0.4%
88. Mary Ann Barrows Wark 15,000 0.1%
89. Patricia Barrows Rosbrow 15,000 0.1%
90. Donna E. Barrows 15,000 0.1%
91. Robert L. Barrows 15,000 0.1%
100. Irving Harris Foundation A 28,725 0.2%
101. Irving Harris Foundation B 28,725 0.2%
* Common shares convertible into Class A shares on a
one-for-one basis.
Certain persons other than Pittway named in Item 2 have or may be
deemed to have sole power to vote or direct the vote and to dispose
or direct the disposition of shares owned by other persons named in
the foregoing table by virtue of being a sole stockholder,
custodian or trustee, or having a business relationship with
custodians or trustees. In addition, such persons have or may be
deemed to have shared voting and dispositive power over shares
owned by other persons named in the foregoing table by virtue of
being co-trustee or holding power of attorney. Except for the
foregoing, each of the persons named in the foregoing table have
sole power to vote and dispose of the shares shown for such person
in the foregoing table.
WHI reports that in its discretion as an investment advisor it has
sole dispositive power and shared voting power with respect to
shares of USSB held by persons #25, 27, 29 and 88-91.
Page 13 of 13
(c) There were no transactions in USSB Class A Common shares
effected during the preceding 60 days by the persons named in
Item 2. However, on January 2, 1997, Pittway made a contribution
of 386,000 shares of USSB Common Stock to the Foundation.
(d) To the knowledge of the persons named in Item 2, no other
person, except beneficiaries of certain of such trusts, has the
right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the shares owned by such
persons.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understanding or Relationships
with Respect to Securities of the Issuer
The persons named in Item 2 above have no contracts,
arrangements, understandings or relationships (legal or otherwise)
among themselves or with any other person with respect to any
securities of USSB, including but not limited to transfer or voting
of any of the securities, finder's fees, joint ventures, loan or
option arrangements, puts or calls, guarantees of profits, division
of profits or loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits
None.
* * * * * * * * * * * * * * * * * *
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.
March 4, 1997
(Date)
PITTWAY CORPORATION
By:
Paul R. Gauvreau
Financial Vice President
and Treasurer
