Platinum Entertainment Inc – ‘SC 13G/A’ on 2/14/00 re: Platinum Entertainment Inc

On:  Monday, 2/14/00   ·   Accession #:  883558-0-12   ·   File #:  5-48333

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         4     12K 

Document Table of Contents

SC 13G/A
1st Page of 4
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
UNITED STATES     
SECURITIES AND EXCHANGE COMMISSION      
Washington, D.C. 20549

Amendment No. 1     
to        
SCHEDULE 13G        
(Rule 13d-102)        
Information Statement Pursuant to Rules 13d-1 and 13d-2   
Under the Securities Exchange Act of 1934*  

Platinum Entertainment, Inc.    
_______________________________________________________________________________ 
(Name of Issuer)        
Common Stock, par value $.001 per share 
_______________________________________________________________________________ 
(Title of Class of Securities)  

727909-10-3         
___________________________________ 

(CUSIP Number)        

*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).                                                                     

SC 13G/A
2nd Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 2nd
SCHEDULE 13G

CUSIP No. 727909-10-3                                       Page 2 of 5 Pages   

1   NAME OF REPORTING PERSON                                                    
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS                      

Craig J. Duchossois                                             

2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                           
   (a)
Not Applicable                      (b)                                 

3   SEC USE ONLY                                                                

4   CITIZENSHIP OR PLACE OF ORGANIZATION                                        

United States                                                           

NUMBER OF           5   SOLE VOTING POWER                                       
SHARES                  492,567(a)(b)                                           
BENEFICIALLY                                                                    
OWNED BY            6   SHARED VOTING POWER                                     
EACH                    NONE                                                    
REPORTING           7   SOLE DISPOSITIVE POWER                                  
PERSON WITH             492,567(a)(b)                                           

8   SHARED DISPOSITIVE POWER            
NONE                            
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                
492,567(a)(b)                                                   

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*       
No                                                              

11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                             
6.0%                                                            

12  TYPE OF REPORTING PERSON*                                                   
IN                                                                      

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

(a) Includes 40,900 shares which Mr. Duchossois has the right to acquire        
pursuant to the exercise of vested stock options held by Mr. Duchossois.
(b) Includes 201,667 shares which Mr. Duchossois has the right to purchase      
pursuant to the exercise of a warrant to purchase Common Stock          
  (the "Warrant") held by Mr.Duchossois, which is currently exercisable.  If
the Company's Series D Convertible Preferred Stock is redeemed in full  
  during the twelve month period commencing on April 15, 1999, and ending on
 April 15, 2000, Mr. Duchossois will be required to return that portion of
 the Warrant (or the equivalent shares of Common Stock representing shares
received upon exercise of the Warrant) exercisable into that number of  
    shares equal to (i) 2,016.66 shares, multiplied by (ii) the number of months
   remaining in such twelve month period.  In no event shall Mr. Duchossois be
    required to return greater than that portion of the Warrant exercisable into
an aggregate 24,200 shares of Common Stock.                             

SC 13G/A
3rd Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 3rd
This Amendment No. 1 to Schedule 13G is being filed pursuant to Rule 13d-2 under
the Securities Exchange Act of 1934, as amended.  Unless otherwise indicated    
herein, all capitalized terms used herein but not defined have the same meaning 
set forth in the previous Schedule 13G filed by Mr. Duchossois in May 1999.     
Only those items amended are included herein.                                   

Item 4.         Ownership:                                                      

(a) Amount Beneficially Owned:                          

492,567(1)(2)                                   

(b) Percent of Class:                                   

6.0% (1)                

(c) Number of shares as to which person has:            

 (i)     Sole power to vote or to direct the vote:
492,567 (1)(2)                  

(ii)    Shared power to vote or to direct the   
vote:  None                     

(iii)   Sole power to dispose or to direct the  
disposition of:  492,567  (1)(2)

(iv)    Shared power to dispose or to direct the
disposition of:  None           

_________________                                                               

(1)  Includes 40,900 shares which Mr. Duchossois has the right to acquire       
  pursuant to the exercise of vested stock options held by Mr. Duchossois.
(2)  Includes 201,667 shares which Mr. Filipowski has the right to purchase     
pursuant to the exercise of a warrant to purchase Common Stock        
     (the "Warrant") held by Mr. Duchossois, which is currently exercisable.  If
the Company's Series D Convertible Preferred Stock is redeemed in full
    during the twelve month period commencing on April 15, 1999, and ending on
   April 15, 2000, Mr. Duchossois will be required to return that portion of
   the Warrant (or the equivalent shares of Common Stock representing shares
received upon exercise of the Warrant) exercisable into that number of
shares equal to (i) 2,016.66 shares, multiplied by (ii) the number of 
months remaining in such twelve month period.  In no event shall Mr.  
   Duchossois be required to return greater than that portion of the Warrant
exercisable into an aggregate 24,200 shares of Common Stock.          

SC 13G/A
Last Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 4th
SIGNATURE 

      After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment No. 1 to 13G statement 
is true, complete and correct.                                                  

                      Date:  February 11, 2000

                     /s/ CRAIG J. DUCHOSSOIS
                             Craig J. Duchossois

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
		4/15/00		2		3
Filed on:		2/14/00							SC 13G/A
		2/11/00		4
		4/15/99		2		3			10-K
									List all Filings