TRANSAMERICA CORP
SC 13G, 1998-02-17
LIFE INSURANCE
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<PAGE>   1
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934
                                (Amendment No. )*

                                      PIXAR
                                (Name of Issuer)

                           Common Stock, no par value
                         (Title of Class of Securities)

                                    725811103
                                 (CUSIP Number)

                                December 31, 1997
             (Date of Event Which Requires Filing of this Statement)

   Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

 [X] Rule 13d-1(b)

 [ ] Rule 13d-1(c)

 [ ] Rule 13d-1(d)


*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).

<PAGE>   2
CUSIP NO.  725811103              SCHEDULE 13G       PAGE   2    OF   9   PAGES
         ---------------------                              -----    -----      

  (1)     NAME OF REPORTING PERSON                 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                
          TRANSAMERICA CORPORATION
          94-0932740
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          DELAWARE
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    -0-
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     2,442,100*  *SEE NOTE TO EXHIBIT A
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   -0-
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               2,442,100*  *SEE NOTE TO EXHIBIT A
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          2,442,100* *SEE NOTE TO EXHIBIT A
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
          SHARES                                                          [   ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
          5.81%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON
          HC
          ---------------------------------------------------------------------
                  
<PAGE>   3
CUSIP NO.  725811103              SCHEDULE 13G       PAGE   3    OF   9   PAGES
         ---------------------                              -----    -----      

  (1)     NAME OF REPORTING PERSON                 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                
          TRANSAMERICA INVESTMENT SERVICES, INC.
          94-1632699
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a)   [   ]
                                                                    (b)   [ X ]

          --------------------------------------------------------------------- 

  (3)     SEC USE ONLY

          ---------------------------------------------------------------------

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      
          DELAWARE
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    -0-
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     2,442,100
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   -0-
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               2,442,100
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         
          2,442,100
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
          SHARES                                                          [   ]

          ---------------------------------------------------------------------

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
          5.81%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON
          IA
          ---------------------------------------------------------------------
                  

<PAGE>   4
Item 1(a).     Name of Issuer.

               Pixar

Item 1(b).     Address of Issuer's Principal Executive Offices.

               1001 West Cutting Boulevard
               Richmond, California 94804

Item 2(a).     Name of Person Filing.

               This statement is filed by Transamerica Investment Services, Inc.
               ("TIS") and Transamerica Corporation
               ("Transamerica")(collectively, the "Companies").

Item 2(b).     Address of Principal Business Office or, if none, Residence.

               The address of TIS is 1150 South Olive Street, Los Angeles,
               California 90015. The address of Transamerica is 600 Montgomery
               Street, San Francisco, California 94111.

Item 2(c).     Citizenship.

               TIS and Transamerica are Delaware corporations.

Item 2(d).     Title of Class of Securities.

               Common Stock, no par value ("Common Stock").

Item 2(e).     CUSIP Number.

               725811103

Item 3.        Type of Reporting Person.

               Each of the Companies is filing this statement pursuant to Rule
13d-1(b). TIS is an investment adviser registered under Section 203 of the
Investment Advisers Act of 1940. Transamerica is a parent holding company in
accordance with Rule 13d-1(b)(1)(ii)(G).

Item 4.        Ownership.

               Reference is hereby made to Items 5-9 and 11 of each of the cover
pages to this statement, which items are incorporated by reference herein.

Item 5.        Ownership of Five Percent or Less of a Class.

               Not applicable.

<PAGE>   5
Item 6.        Ownership of More Than Five Percent on Behalf of Another Person.

               TIS is deemed to be the beneficial owner of 2,442,100 shares of
Common Stock pursuant to separate arrangements whereby TIS acts as investment
adviser to certain individuals and entities, including Transamerica Occidental
Life Insurance Company ("Occidental") and Transamerica Life Insurance and
Annuity Company ("TALIAC"), both of which are insurance companies as defined in
Section 3(a)(19) of the Securities Exchange Act of 1934 and are subsidiaries of
Transamerica. Occidental and TALIAC directly own 364,000 and 688,500 shares of
Common Stock, respectively. Each of the individuals and entities for which TIS
acts as investment adviser has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the securities
purchased or held pursuant to such arrangements.

               Transamerica may be deemed to beneficially own 2,442,100 shares
of Common Stock, of which 335,000 shares are directly owned by Transamerica. The
remaining 2,107,100 shares, including 1,054,600 shares owned for the benefit of
non-affiliate investment advisory clients of TIS, are beneficially owned by
subsidiaries of Transamerica.*

               To the knowledge of the Companies, no other person has the right
to receive or the power to direct the receipt of dividends from, or the 
proceeds from the sale of, the Common Stock.

               *See Note to Exhibit A.

Item 7.        Identification and Classification of the Subsidiary Which 
               Acquired the Security Being Reported on by the Parent Holding 
               Company.

               Transamerica is filing this Statement pursuant to Rule
13d-1(b)(1)(ii)(G) and not pursuant to Rule 13d-1(d). The identity and Item 3
classification of its relevant subsidiaries are set forth on Exhibit A attached
hereto and incorporated herein by reference.

Item 8.        Identification and Classification of Members of the Group.

               Not applicable.

Item 9.        Notice of Dissolution of Group.

               Not applicable.

<PAGE>   6
Item 10.       Certification.

               By signing below the undersigned certify that, to the best of
their knowledge and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired and are not
held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.


<PAGE>   7
                                    Signature

               After reasonable inquiry and to the best of their knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.

February 13, 1998




                                       TRANSAMERICA CORPORATION



                                       By /s/ RICHARD N. LATZER
                                         -------------------------------------
                                              Richard N. Latzer
                                              Senior Vice President and Chief
                                              Investment Officer


                                       TRANSAMERICA INVESTMENT SERVICES, INC.



                                       By /s/ RICHARD N. LATZER
                                          -----------------------------------
                                              Richard N. Latzer
                                              President and Chief Executive 
                                              Officer
<PAGE>   8
               Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of
1934, the undersigned, Transamerica Corporation, a Delaware corporation, and
Transamerica Investment Services, Inc., a Delaware corporation, and each of
them, hereby agree that the statement on Schedule 13G dated February 13, 1998,
and any amendments thereto, are filed on behalf of each of them.


February 13, 1998



                                       TRANSAMERICA CORPORATION



                                       By /s/ RICHARD N. LATZER
                                         -------------------------------------
                                              Richard N. Latzer
                                              Senior Vice President and Chief
                                              Investment Officer


                                       TRANSAMERICA INVESTMENT SERVICES, INC.



                                       By /s/ RICHARD N. LATZER
                                          -----------------------------------
                                              Richard N. Latzer
                                              President and Chief Executive 
                                              Officer

<PAGE>   9
                                    Exhibit A


               Each of Occidental and TALIAC is an insurance company as defined
in Section 3(a)(19) of the Securities Exchange Act of 1934. TIS is an investment
adviser registered under Section 203 of the Investment Advisers Act of 1940.
Each of the above entities is a direct or indirect wholly owned subsidiary of
Transamerica.

               Note: Management of the affairs of subsidiaries of Transamerica,
including decisions respecting dispositions and/or voting of the shares of the
Common Stock beneficially owned by such subsidiaries, resides in respective
officers and directors of the subsidiaries and is not directed by Transamerica
or other subsidiaries. Accordingly, the filing of this Schedule 13G by
Transamerica is not intended as, and should not be deemed, an acknowledgment of
beneficial ownership or shared voting or dispositive power by it of the shares
of the Common Stock beneficially owned by its subsidiaries, and such beneficial
ownership or attribution of shared voting or dispositive power is expressly
disclaimed.


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