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Sundance Assets LP – ‘4’ for 2/2/99 re: Crown Energy Corp.

As of:  Tuesday, 3/9/99   ·   For:  2/2/99   ·   Accession #:  899243-99-424   ·   File #:  0-19365

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/09/99  Sundance Assets LP                4          10% Owner   1:13K  Crown Energy Corp.                Donnelley Fin’l S… 06/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of        5±    21K 
                Securities by an Insider                                         

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=============================================================================== /------------------------------/ / OMB APPROVAL / /------------------------------/ / OMB Number: 3235-0287 / / Expires: September 30, 1998 / / Estimated average burden / / hours per response...... 0.5 / /------------------------------/ +--------+ | FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION +--------+ WASHINGTON, D.C. 20549 [_] Check this box if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP to Section 16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities obligations may Exchange Act of 1934, Section 17(a) of the continue. See Public Utility Holding Company Act of 1935 or Instruction 1(b). Section 30(f) of the Investment Company Act of 1940 (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* SUNDANCE ASSETS, L.P. -------------------------------------------------------------------------------- (Last) (First) (Middle) 1400 SMITH STREET -------------------------------------------------------------------------------- (Street) HOUSTON TEXAS 77002 -------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol CROWN ENERGY CORPORATION (CROE) ----------------------------------- 3. IRS or Identification Number of Reporting Person if an entity (Voluntary) -------------- 4. Statement for Month/Year 2/99 --------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) --------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] Officer [X] 10% Owner [ ] Other (give title below) (specify below) ---------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED [Enlarge/Download Table] ------------------------------------------------------------------------------------------------------------------------------------ 1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of action action or Disposed of (D) Securities ship of In- Security Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Instr. 3) (Month/ (Instr. 8) Owned at Direct Bene- Day/ ----------------------------------------------- End of (D) or ficial Year) Month Indirect Owner- Code V Amount (A) or Price (Instr. 3 and 4) (I) ship (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 2/02/1999 J 317,069 A 317,069(1)(2) D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (PRINT OR TYPE RESPONSES)
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FORM 4 (continued) TABLE II--DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities) [Enlarge/Download Table] ----------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- Security (Instr. 3) sion or action tion Code ative Securities Exercise Date (Instr. 8) Acquired (A) or Price of (Month/ Disposed of (D) Deriv- Day/ (Instr. 3, 4, and 5) ative Year) Security --------------------------------------------------- Code V (A) (D) ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- TABLE II--DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities)--CONTINUED [Enlarge/Download Table] ------------------------------------------------------------------------------------------------------------------------------------ 6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na- cisable and Underlying Securities of of Deriv- ship ture Expiration (Instr. 3 and 4) Deriv- ative Form of In- Date ative Secur- of De- direct (Month/Day/ Secur- ities rivative Bene- Year) ity Bene- Secu- ficial (Instr. ficially rity: Owner- -------------------------------------------- 5) Owned Direct ship Date Expira- Amount or at End (D) or (Instr. Exer- tion Title Number of of Indi- 4) cisable Date Shares Month rect (1) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: (1) On February 2, 1999, Sundance Assets, L.P. ("Sundance"), holder of all the outstanding shares of Series A Cumulative Convertible Preferred Stock of Crown Energy Corporation ("Crown"), received a dividend of 317,069 shares of Crown common stock, par value $0.02 per share, pursuant to the terms of the Certificate of the Voting Powers, Designations, Preferences and Relative Participating, Optional or other Special Rights, and Qualifications, Limitations and Restrictions thereof, of Series A Cumulative Convertible Preferred Stock of Crown filed with the Utah Department of Commerce, Divisions of Corporations and Commercial Code. (2) These securities are owned directly by Sundance. Sundance is a member of a "group" with Enron Capital & Trade Resources Corp. ("ECT") and Enron Corp. ("Enron") for purposes of Section 13(d) of the Exchange Act. This Form is also filed by Enron and ECT, which may be considered to have indirect ownership of these securities. Enron and ECT disclaim beneficial ownership of these securities. SUNDANCE ASSETS, L.P. By: Enron Ponderosa Management Holdings, Inc., its General Partner /S/ Peggy B. Menchaca March 5, 1999 ---------------------------- ------------- Peggy B. Menchaca Date Vice President and Secretary **Signature of Reporting Person ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 SEC 1474 (8-92)
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JOINT FILER INFORMATION Name: Enron Capital & Trade Resources Corp. Address: 1400 Smith Street Houston, Texas 77002 Designated Filer: Sundance Assets, L.P. Issuer & Ticker Symbol: Crown Energy Corporation (CROE) Date of Event Requiring Statement: 02/02/99 Signature of Reporting Person: /S/ Peggy B. Menchaca ----------------------------- Peggy B. Menchaca Vice President and Secretary Name: Enron Corp. Address: 1400 Smith Street Houston, Texas 77002 Designated Filer: Sundance Assets, L.P. Issuer & Ticker Symbol: Crown Energy Corporation (CROE) Date of Event Requiring Statement: 02/02/99 Signature of Reporting Person: /S/ Peggy B. Menchaca ---------------------------- Peggy B. Menchaca Vice President and Secretary

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘4’ Filing    Date First  Last      Other Filings
Filed on:3/9/99
3/5/992
For Period end:2/2/992
9/30/98110-Q,  10-Q/A,  8-K/A
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Filing Submission 0000899243-99-000424   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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