SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
PRG-Schultz International, Inc.
(Name of Issuer)
Common Stock, no par value per share
(Title of Class of Securities)
69357C 10 7
(CUSIP Number)
B. Joseph Alley, Jr., Esq. Curtis Swinson, Esq.
Arnall Golden Gregory LLP Malouf Lynch Jackson & Swinson
2800 One Atlantic Center 600 Preston Common East
1201 West Peachtree Street 8115 Preston Road
Atlanta, Georgia 30309-3450 Dallas, Texas 75225-6342
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 27, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box |_|.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b) 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).
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
Andrew H. Schultz
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
1,299,414
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 4,701,699(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
1,299,414
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
4,701,699(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
6,252,856(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
9.8 percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
IN
================================================================================
(1) Includes 3,418,259 shares held by The Andrew H. Schultz Irrevocable Trust
of which Mr. Schultz is the trustee and beneficiary. Also includes 6,901
shares held by The A. H. Schultz HHS (2001) GST Trust and 6,901 shares held
by The A. H. Schultz LVS (2001) GST Trust, as to both of which Mr. Schultz
is the trustee and beneficiary. Also includes 634,819 shares held by The
HHS Charitable Lead Trust and 634,819 shares held by The LVS Charitable
Lead Trust, as to both of which Mr. Schultz serves as a co-trustee.
2
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The A.H. Schultz HHS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 6,901
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
6,901
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
6,901 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Mr. Andrew H. Schultz is the trustee and beneficiary of The A.H. Schultz
HHS (2001) GST Trust.
3
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The A.H. Schultz LVS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 6,901
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
6,901
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
6,901 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row [ ]
(11) Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Mr. Andrew H. Schultz is the trustee and beneficiary of The A.H Schultz LVS
(2001) GST Trust.
4
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
Harold Berman
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 0
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
0(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
0(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0
--------------------------------------------------------------------------------
14 Type of Reporting Person
IN
================================================================================
(1) In March 2002, Mr. Harold Berman resigned as trustee of The HHS Charitable
Lead Annuity Trust, The LVS Charitable Lead Annuity Trust, The D.A. Schultz
HHS (2001) GST Trust, The J.S. Romaner HHS (2001) GST Trust, The A.H.
Schultz HHS (2001) GST Trust, The D.A. Schultz LVS (2001) GST Trust, The
J.S. Romaner LVS (2001) GST Trust and The A.H. Schultz LVS (2001) GST
Trust.
5
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The HHS Charitable Lead Annuity Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 634,819(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive PoweR
634,819(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
634,819 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11 [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Messrs. Andrew H. Schultz and Daniel A. Schultz and Ms. Jaynie Romaner
serve as co-trustees.
6
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
Daniel A. Schultz
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 2,421,702(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
2,421,702(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
2,421,702 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
3.8 percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
IN
================================================================================
(1) Mr. Daniel A. Schultz is the trustee and beneficiary of The D.A. Schultz
HHS (2001) GST Trust and The D.A. Schultz LVS (2001) GST Trust, which each
own 576,032 shares. Mr. Schultz is also co-trustee of The HHS Charitable
Lead Trust and LVS Charitable Lead Trust, which each own 634,819 shares.
7
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
Jaynie Schultz Romaner
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 2,421,702(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
2,421,702(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
2,421,702(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
3.8 percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
IN
================================================================================
(1) Ms. Jaynie Schultz Romaner is the trustee and beneficiary of The J.S.
Romaner HHS (2001) GST Trust and The J.S. Romaner LVS (2001) GST Trust,
which each own 576,032 shares. Ms. Romaner is also co-trustee of The HHS
Charitable Lead Trust and LVS Charitable Lead Trust, which each own 634,819
shares.
8
================================================================================
I.R.S. Identification Nos. of Above Persons
The LVS Charitable Lead Annuity Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 634,819(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
634,819(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
634,819 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Messrs. Andrew H. Schultz and Daniel Schultz and Ms. Jaynie Schultz Romaner
are co-trustees of The LVS Charitable Lead Annuity Trust.
9
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The D.A. Schultz HHS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 576,032(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
576,032(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
576,032 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Mr. Daniel A. Schultz is the trustee and beneficiary of The D.A. Schultz
HHS (2001) GST Trust.
10
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The J.S. Romaner HHS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 576,032(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
576,032(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
576,032 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Ms. Jaynie Schultz Romaner is the trustee and beneficiary of The J.S.
Romaner HHS (2001) GST Trust.
11
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The D.A. Schultz LVS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 576,032(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
576,032(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
576,032 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Mr. Daniel A. Schultz is the trustee and beneficiary of The D.A. Schultz
LVS (2001) GST Trust.
12
================================================================================
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons
The J.S. Romaner LVS (2001) GST Trust
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [x]
(b)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
3 SEC Use Only
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
4 Source of Funds
00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is [ ]
Required Pursuant to Items 2(d) or 2(e)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Texas
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7 Sole Voting Power
0
NUMBER OF SHARES
---------- -----------------------------------------
---------- -----------------------------------------
8 BENEFICIALLY OWNED BY EACH Shared Voting Power
REPORTING PERSON WITH 576,032(1)
---------- -----------------------------------------
---------- -----------------------------------------
9 Sole Dispositive Power
0
---------- -----------------------------------------
---------- -----------------------------------------
10 Shared Dispositive Power
576,032(1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
576,032 (1)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) [ ]
Excludes Certain Shares
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Less than one percent
--------------------------------------------------------------------------------
14 Type of Reporting Person
OO
================================================================================
(1) Ms. Jaynie Schultz Romaner is the trustee and beneficiary of The J.S.
Romaner LVS (2001) GST Trust.
13
ITEM 4. PURPOSE OF TRANSACTION
This Amendment No. 2 amends the Schedule 13D (the "Schedule 13D") filed
with the Securities and Exchange Commission (the "Commission") on February 4,
2002 as amended on February 22, 2002 by Howard Schultz, Andrew H. Schultz,
Andrew H. Schultz Irrevocable Trust, Leslie Schultz, Nate Levine, Arthur N.
Budge, Jr., Harold Berman, The Zachary Herman Schultz Trust, The Gabriella
Schultz Trust, The Samuel Joel Schultz Trust, The HHS Charitable Lead Annuity
Trust, The LVS Charitable Lead Annuity Trust, The D.A. Schultz HHS (2001) GST
Trust, The J.S. Romaner HHS (2001) GST Trust, The A.H. Schultz HHS (2001) GST
Trust, The D.A. Schultz LVS (2001) GST Trust, The J.S. Romaner LVS (2001) GST
Trust and The A.H. Schultz LVS (2001) GST Trust (collectively, the "Reporting
Persons").
This amendment to the Schedule 13D relates to the resignation of Harold
Berman as Trustee of The A.H. Schultz, HHS (2001) GST Trust, The A.H. Schultz,
LVS (2001) GST Trust, The HHS Charitable Lead Annuity Trust, The LVS Charitable
Lead Annuity Trust, The D.A. Schultz HHS (2001) GST Trust, The J.S. Romaner HHS
(2001) GST Trust, The D.A. Schultz LVS (2001) GST Trust and The J.S. Romaner LVS
(2001) GST and the appointment of Andrew Schultz as Trustee of The A.H. Schultz
HHS (2001) GST Trust and The A.H. Schultz, LVS (2001) GST Trust, the appointment
of Jaynie Schultz Romaner as Trustee of the J.S. Romaner, HHS (2001) GST Trust
and The J.S. Romaner, LVS (2001) GST Trust, the appointment of Daniel Schultz as
Trustee of The D.A. Schultz HHS (2001) GST Trust and the D.A. Schultz LVS (2001)
GST Trust and the appointment of Andrew Schultz, Daniel Schultz and Jaynie
Schultz Romaner as co-trustees of The HHS Charitable Lead Trust and The LVS
Charitable Lead Trust. Unless otherwise defined herein, all capitalized terms
shall have the meanings ascribed to them in the Schedule 13D.
See Item 3 of the Schedule 13D.
(a)-(j) None.
In connection with the HSA-Texas acquisition, the size of the PRG-Schultz
board of directors was expanded from 9 to 13 members. Howard Schultz serves
as the chairman of the board of directors and Andrew H. Schultz, Arthur N.
Budge, Jr., and Nate Levine serve as directors of PRG-Schultz.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) See Items 7-13 of the cover pages.
(c) See Item 4 above. No other transactions in PRG-Schultz' securities
have been effected by an individual named in Item 2 of the Schedule
13D within the last sixty days, except those reported in the Schedule
13D.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sales of, the
securities of PRG-Schultz.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
See item 6 of Amendment No. 1 to Schedule 13D filed on February 21, 2002.
14
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
99.1 Asset Agreement (incorporated herein by reference to Annex A to
PRG-Schultz's Definitive Proxy Statement filed on December 20,
2001).
99.2 Stock Agreement (incorporated herein by reference to Annex B to
PRG-Schultz's Definitive Proxy Statement filed on December 20,
2001).
99.3 Shareholder Agreement (incorporated by reference to Exhibit 10.3
filed with PRG-Schultz's Registration Statement on Form S-4
(333-69142) filed on September 7, 2001).
99.4 Registration Rights Agreement (incorporated by reference to
Exhibit 10.2 filed with PRG-Schultz's Registration Statement on
Form S-4 (333-69142) filed on September 7, 2001).
99.5 Stock Purchase Agreement between Blum Strategic Partners II, L.P.
and certain entities and individuals dated February 21, 2002
(incorporated by reference to Exhibit 99.5 of Amendment No. 1 to
Schedule 13D filed on February 21, 2002).
15
SIGNATURE
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: April 12, 2002
/s/ Andrew H. Schultz
_______________________________________
Andrew H. Schultz
/s/ Harold Berman
_______________________________________
Harold Berman
/s/ Daniel A. Schultz
_______________________________________
Daniel A. Schultz
/s/ Jaynie Schultz Romaner
_______________________________________
Jaynie Schultz Romaner
A.H. Schultz HHS (2001) GST Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz , Trustee
A.H. Schultz LVS (2001) GST Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz , Trustee
The HHS Charitable Lead Annuity Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz, Trustee
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
The LVS Charitable Lead Annuity Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz, Trustee
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
The D.A. Schultz HHS (2001) GST Trust
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
The J.S. Romaner HHS (2001) GST Trust
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on Schedule
13D is filed on behalf of each of the undersigned and that all subsequent
amendments to this statement shall be filed on behalf of each of the undersigned
without the necessity of filing additional joint filing agreements. The
undersigned acknowledge that each shall be responsible for the timely filing of
such amendments, and for the completeness and accuracy of the information
concerning it contained therein, but shall not be responsible for the
completeness and accuracy of the information concerning the others, except to
the extent that it knows or has reason to believe that such information is
inaccurate.
This Agreement may be executed in counterparts and each of such counterparts
taken together shall constitute one and the same instrument.
Dated: April 16, 2002
/s/ Andrew H. Schultz
_______________________________________
Andrew H. Schultz
/s/ Harold Berman
_______________________________________
Harold Berman
/s/ Daniel A. Schultz
_______________________________________
Daniel A. Schultz
/s/ Jaynie Schultz Romaner
_______________________________________
Jaynie Schultz Romaner
A.H. Schultz HHS (2001) GST Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz , Trustee
A.H. Schultz LVS (2001) GST Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz , Trustee
The HHS Charitable Lead Annuity Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz, Trustee
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
The LVS Charitable Lead Annuity Trust
/s/ Andrew H. Schultz
_______________________________________
By: Andrew H. Schultz, Trustee
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
The D.A. Schultz HHS (2001) GST Trust
/s/ Daniel A. Schultz
_______________________________________
By: Daniel A. Schultz, Trustee
The J.S. Romaner HHS (2001) GST Trust
/s/ Jaynie Schultz Romaner
_______________________________________
By: Jaynie Schultz Romaner, Trustee
1460533