SEC Info - Eligrant Inc, et al. - ‘SC 13D/A’ on 9/24/96 re: Builders Warehouse Association Inc

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Eligrant Inc, et al. – ‘SC 13D/A’ on 9/24/96 re: Builders Warehouse Association Inc

As of: Tuesday, 9/24/96 · Accession #: 950124-96-4107 · File #: 5-41609

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

 9/24/96  Eligrant Inc                      SC 13D/A               1:13K  Builders Warehouse Assoc Inc      Bowne - Bde
          Daniel Asher
          Eligrant Inc
          Eligrant Inc.

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

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment No. 2 to Schedule 13D                        6     25K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Common Stock Interest in Securities of the Issuer Source and Amount of Funds
1	1st Page - Filing Submission
"	Common Stock
4	Item 3. Source and Amount of Funds
"	Item 5. Interest in Securities of the Issuer

SC 13D/A 1st Page of 6 TOC ↑Top Previous Next ↓Bottom Just 1st
 
UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934 
(Amendment No. 2)*

Builders Warehouse Association, Inc.    
--------------------------------------------------------------------------------
(Name of Issuer)    

Common Stock    
--------------------------------------------------------------------------------
(Title of Class of Securities)    

119916401   
-------------------------------------------------------------------   
(CUSIP Number)    

 William Shimanek, 440 S. LaSalle Street, Suite 1900, Chicago, Illinois 60605,
(312) 362-4774    
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive   
Notices and Communications)   

September 23, 1996    
--------------------------------------------------------------------------------
(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 the statement .  (A fee is  
not required only if the reporting person:  (1) has a previous statement on     
file reporting beneficial ownership of more than five percent of the class of   
securities described in Item 1; and (2) has filed no amendment subsequent       
thereto reporting beneficial ownership of five percent or less of such class.)  
(See Rule 13d-7.)                                                               

NOTE:  Six copies of this statement, including all exhibits, should be filed    
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to 
be sent.                                                                        

*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 13D/A 2nd Page of 6 TOC 1st Previous Next ↓Bottom Just 2nd

SCHEDULE 13D

-------------------                                          -----------------  
CUSIP No. 119916401                                          Page 2 of 6 Pages  
-------------------                                          -----------------  

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

Eligrant, Inc.                                                  
------------------------------------------------------------------------------  
   2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [ ]
                                                                    (b)  [ ]
------------------------------------------------------------------------------  
3  SEC USE ONLY                                                       

------------------------------------------------------------------------------  
4  SOURCE OF FUNDS*                                                   
WC                                                              

------------------------------------------------------------------------------  
 5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
      ITEMS 2(d) or 2(e)                                                 [ ]

------------------------------------------------------------------------------  
6  CITIZENSHIP OR PLACE OF ORGANIZATION                               
IL                                                              

------------------------------------------------------------------------------  
                    7  SOLE VOTING POWER
NUMBER OF                    404,135                
             SHARES              -------------------------------------------
BENEFICIALLY                8  SHARED VOTING POWER      
OWNED BY                     0                      
              EACH               -------------------------------------------
REPORTING                 9  SOLE DISPOSITIVE POWER 
PERSON                      404,135               
              WITH               -------------------------------------------
                          10  SHARED DISPOSITIVE POWER
       0
------------------------------------------------------------------------------  
11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            

404,135                                                         
------------------------------------------------------------------------------  
12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                  
      CERTAIN SHARES*                                                    [ ]

------------------------------------------------------------------------------  
13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                      
8.21%                                                           

------------------------------------------------------------------------------  
14      TYPE OF REPORTING PERSON*                                               
CO                                                              

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

*SEE INSTRUCTIONS BEFORE FILLING OUT! 
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

SC 13D/A 3rd Page of 6 TOC 1st Previous Next ↓Bottom Just 3rd

SCHEDULE 13D

-------------------                                           ----------------- 
CUSIP No. 119916401                                           Page 3 of 6 Pages 
-------------------                                           ----------------- 

------------------------------------------------------------------------------- 
1       NAME OF REPORTING PERSON                                                
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON               
Daniel Asher                                                    
------------------------------------------------------------------------------- 
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a)    [ ] 
                                                                    (b)    [ ]

------------------------------------------------------------------------------- 
3       SEC USE ONLY                                                            

------------------------------------------------------------------------------- 
4       SOURCE OF FUNDS*                                                        

WC (see item 3)                                                 
------------------------------------------------------------------------------- 
5       CHECK                                                               BOX 
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
       2(d) or 2(e)                                                        [ ]

------------------------------------------------------------------------------- 
6       CITIZENSHIP OR PLACE OF ORGANIZATION                                    

USA                                                             
------------------------------------------------------------------------------- 
         7   SOLE VOTING POWER
NUMBER OF                  404,135                        
            SHARES               ---------------------------------------------
BENEFICIALLY            8   SHARED VOTING POWER             
OWNED BY                  0                             
             EACH                ---------------------------------------------
REPORTING              9   SOLE DISPOSITIVE POWER         
PERSON                   404,135                      
             WITH                ---------------------------------------------
                10  SHARED DISPOSITIVE POWER
0   
------------------------------------------------------------------------------- 
11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            

404,135                                                         
------------------------------------------------------------------------------- 
12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN          
       SHARES*                                                             [ ]

------------------------------------------------------------------------------- 
13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                      
8.21%                                                           

------------------------------------------------------------------------------- 
14      TYPE OF REPORTING PERSON*                                               

IN                                                              
------------------------------------------------------------------------------- 

*SEE INSTRUCTIONS BEFORE FILLING OUT! 
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

SC 13D/A 4th Page of 6 TOC 1st Previous Next ↓Bottom Just 4th

ITEM 3. SOURCE AND AMOUNT OF FUNDS                                              

From September 12, 1996 through September 23, 1996, Eligrant, Inc.    
("Eligrant") acquired 155,596  shares of common stock (the "Common Stock") of   
Builders Warehouse Association, Inc. (the "Issuer") in a series of              
transactions.  The source of capital for all acquisitions of the Issuer's       
Common Stock was Eligrant's working capital.  The price for such shares ranged  
between $8 1/4 and $9 7/8.                                                      

  For purposes of this report on Schedule 13D/A only, all of the shares of
the Issuer's Common Stock acquired by Eligrant (404,135 shares of which are     
owned by Eligrant as of September 23, 1996) are attributed to Mr. Asher.        

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER                                    

  (a) and (b):  Set forth in the table below are the number and percentage
of Common Stock of the Issuer beneficially owned, as well as the nature of the  
ownership, for each of Eligrant and Mr. Asher (collectively, the "Reporting     
Persons") as of the date hereof:                                                

                                                        [Enlarge/Download Table]

                                                                          Number of Shares                                   
               Number of Shares   Number of Shares   Number of Shares      Beneficially                         Percentage of
                 Beneficially    Beneficially Owned     Beneficially        Owned with        Aggregate Number       Shares  
               Owned With Sole   With Shared Voting   Owned with Sole         Shared            of Shares        Beneficially
     Name        Voting Power          Power          Dispositive Power  Dispositive Power  Beneficially Owned      Owned    
     ----       -------------         ------          -----------------  -----------------  -------------------  ----------- 
                                                                                                                             
Eligrant, Inc.      404,135               0               404,135              0                404,135             8.21%    
Daniel Asher        404,135               0               404,135              0                404,135             8.21%    

    (c):  All transactions in shares of Common Stock effected by the Reporting
Persons during the 60 days preceding the Event Date reported on page 1 not      
previously reported on Schedule 13D or an amendment thereto, and all            
transactions in shares of Common Stock effected by Reporting Persons since that 
date are set forth below.  Unless otherwise noted, all such shares were         
acquired through open market transactions.                                      

A. Transactions of Eligrant, Inc.(1)                                  

                                                                [Download Table]

Trade Date  Number of Shares  Price Per Share                          
----------  ----------------  ---------------                          
                                                                       
9/10/96     (500)                      $9 1/2                          
9/12/96     1000                       $9                              
9/12/96     1000                       $9 1/16                         
9/12/96     1000                       $9 3/8                          
9/12/96     1000                       $9 1/2                          
9/13/96     1000                       $8 3/16                         
9/13/96     1000                       $8 1/4                          
9/13/96     1000                       $8 1/2                          
9/13/96     1000                       $8 1/2                          
9/13/96     (1000)                     $8 5/8                          
9/13/96     (1000)                     $8 11/16                        
9/13/96     (1000)                     $8 3/4                          
9/13/96     (2000)                     $8 3/4                          
9/13/96     (1000)                     $8 3/4                          
9/16/96     (17)                       $8                              
9/16/96     (4700)                     $8                              
9/16/96     (1900)                     $8 1/8                          
9/16/96     (3100)                     $8 1/8                          
9/16/96     (2600)                     $8 1/8                          
9/16/96     (500)                      $8 1/8                          
9/16/96     (500)                      $8 1/4                          
9/16/96     (3100)                     $8 1/4                          

----------------------                                                 
(1) Amounts of shares that appear in parentheses represent shares sold.


SC 13D/A 5th Page of 6 TOC 1st Previous Next ↓Bottom Just 5th

                                                                [Download Table]


Trade Date       Number of Shares           Price Per Share
----------       ----------------           ---------------
                                                           
 9/16/96         (2400)                     $8 1/4         
 9/16/96         (500)                      $8 3/8         
 9/16/96         (500)                      $8 3/8         
 9/16/96         (2300)                     $8 3/8         
 9/16/96         (2100)                     $8 3/8         
 9/16/96         (1000)                     $8 3/8         
 9/16/96         (1000)                     $8 3/8         
 9/16/96         (1000)                     $8 1/2         
 9/17/96         (1900)                     $8 1/2         
 9/17/96         (100)                      $8 1/2         
 9/17/96         (2000)                     $9             
 9/18/96         4500                       $9             
 9/18/96         (2200)                     $9             
 9/19/96         3000                       $9 1/2         
 9/19/96         1000                       $9 1/2         
 9/19/96         2000                       $9 5/8         
 9/20/96         1000                       $9 5/8         
 9/20/96         2000                       $9 13/16       
 9/20/96         2000                       $9 7/8         
 9/20/96         2000                       $9 7/8         
 9/23/96         154136                     $9 3/4         


B. Transactions of Mr. Asher                                          

Mr. Asher has not acquired or sold any shares of Common Stock  of the 
Issuer in his individual capacity.  However, Mr. Asher is the sole director and 
sole shareholder of Eligrant.  Therefore, for purposes of reporting on this     
Schedule 13D/A, the shares of Common Stock owned by Eligrant are attributed to  
Mr. Asher.  Accordingly, the information set forth above for Eligrant is        
applicable for Mr. Asher as well.  For all other purposes, Mr. Asher disclaims  
the beneficial ownership of the 404,135 shares of common stock of the Issuer    
owned by Eligrant.                                                              

(d):  Not applicable.                                                 

(e):  Not applicable.                                                 

SC 13D/A Last Page of 6 TOC 1st Previous Next ↓Bottom Just 6th

SIGNATURES

   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: September 23, 1996                           ELIGRANT, INC.              

                           By:  /s/ William Shimanek
                           -------------------------
                           President

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.                                                                        

Dated:  September 23, 1996               DANIEL ASHER                           

                  /s/ Daniel Asher
                  ----------------

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D/A’ Filing	Date	First	Last	Other Filings

Filed on:	9/24/96			None on these Dates
	9/23/96	1	6
	9/12/96	4
				List all Filings

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Filing Submission 0000950124-96-004107 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Eligrant Inc, et al. – ‘SC 13D/A’ on 9/24/96 re: Builders Warehouse Association Inc

As of: Tuesday, 9/24/96 · Accession #: 950124-96-4107 · File #: 5-41609

Previous ‘SC 13D’: ‘SC 13D/A’ on 9/10/96 · Latest ‘SC 13D’: This Filing

Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

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