SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-1)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 3)
United Auto Group, Inc.
-----------------------------------------------------------
(Name of Issuer)
Common Stock, $.0001 par value
-----------------------------------------------------------
(Title of Class of Securities)
909440109
-----------------------------------------------------------
(CUSIP Number)
COPY TO:
Tami E. Nason, Esq. Larry Jordan Rowe, Esq.
Charlesbank Capital Partners, LLC Ropes & Gray
600 Atlantic Avenue One International Place
Boston, MA 02210 Boston, MA 02110
(617) 619-5400 (617) 951-7407
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 2, 2002
------------------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the following
box [ ]
SCHEDULE 13D
----------------------------- ---------------------
CUSIP No. 909440109 Page 2 of 6 Pages
----------------------------- ---------------------
---------- ---------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charlesbank Capital Partners, LLC
---------- ---------------------------------------------------------------------
(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
---------- ---------------------------------------------------------------------
3. SEC USE ONLY
---------- ---------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO
---------- ---------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
---------- ---------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-------------------------- ------- ---------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 2,675,456 shares
SHARES ------- ---------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY ----
EACH ------- ---------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 2,675,456 shares
WITH ------- ---------------------------------------------
10. SHARED DISPOSITIVE POWER
----
-------------------------- ------- ---------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,675,456 shares
---------- ---------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.5%
---------- ---------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
------------
United Auto Group, Inc.
-----------------------
This Amendment No. 3 (the "Amendment") hereby amends the initial
Schedule 13D filed on July 10, 1998, Amendment No. 1 to the initial Schedule 13D
filed on April 22, 1999 and Amendment No. 2 to the initial Schedule 13D filed on
May 6, 1999. Terms used but not defined in this Amendment have the meanings
defined in the initial Schedule 13D, Amendment No. 1 to the initial Schedule 13D
and Amendment No. 2 to the initial Schedule 13D. Except as specifically provided
herein, this Amendment does not modify any of the information previously
reported on the initial Schedule 13D, Amendment No. 1 to the initial Schedule
13D or Amendment No. 2 to the initial Schedule 13D.
Item 5 is hereby amended and restated to read as follows:
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a), (b) Pursuant to the Amended and Restated Existing Assets
Management Agreement dated September 30, 2001, under which Charlesbank serves as
investment manager to Harvard and its affiliates, including Aeneas Venture
Corporation ("Aeneas"), Charlesbank is the beneficial owner of 2,675,456 shares
of Common Stock of the Issuer (approximately 11.5% of the shares of Common Stock
based on the most recent filing of the Issuer with the SEC). The sole purpose of
this filing is to reflect a decrease in the percentage of shares of Common Stock
of the Issuer owned by Charlesbank.
Charlesbank has sole power to vote and sole power to dispose of such
shares to which this Amendment relates.
(c) Between December 28, 2001 and January 2, 2002, and on behalf of
Aeneas, Charlesbank bought and sold shares of Common Stock of the Issuer in
open-market transactions on the New York Stock Exchange. The transaction dates,
number of shares bought and sold and prices per share during that period are set
forth on Exhibit A hereto.
(d) Not applicable.
(e) Not applicable.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit A -- Information concerning Charlesbank's Transactions on behalf of
Aeneas for the period from December 28, 2001 to January 2, 2002.
Page 3 of 6
Signature
---------
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: February 14, 2002
CHARLESBANK CAPITAL PARTNERS, LLC
By: /s/ Tami E. Nason, Esq.
------------------------------------------
Name: Tami E. Nason, Esq.
Title: Senior Vice President
Page 4 of 6
EXHIBIT INDEX
-------------
Page Number In
Exhibit Sequentially
Number Description Numbered Copy
------ ----------- -------------
A Information Concerning Charlesbank's Transactions on
behalf of Aeneas for the period from December 28, 2001
to January 2, 2002 6
Page 5 of 6
EXHIBIT A
---------
Charlesbank's Transactions on behalf of Aeneas for December
-----------------------------------------------------------
28, 2001 to January 2, 2002
---------------------------
Shares of Shares of
Common Common Price
Date of Transaction Stock Bought Stock Sold Per Share
------------------- ------------ ---------- ---------
12/28/01 45,000 $26.5611
12/31/01 111,700 $25.7515
1/2/02 11,500 $25.9478
Page 6 of 6