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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
USA Waste Services, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
90291710
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(CUSIP Number)
John G. Rangos, Sr.
10700 Frankstown Road, Pittsburgh, Pa. 15235
412 244-6115
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
June 21, 1996
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(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).
Page 1 of 9 Pages
SCHEDULE 13D
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CUSIP No. 90291710 Page 2 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John G. Rangos, Sr.
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 7,433,911
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON -0-
WITH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
7,433,911
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,433,911
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.4%
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14 TYPE OF REPORTING PERSON*
IN
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*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.
SCHEDULE 13D
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CUSIP No. 90291710 Page 3 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John G. Rangos, Jr.
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 641,120
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,210,008
WITH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
641,120
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,210,008
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,851,128
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
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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.
SCHEDULE 13D
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CUSIP No. 90291710 Page 4 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alexander W. Rangos
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 842,121
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 1,210,008
WITH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
842,121
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,210,008
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,052,129
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.5%
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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.
SCHEDULE 13D
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CUSIP No. 90291710 Page 5 of 9 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Rangos Development Corporation, Inc.
25-1682342
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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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
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,210,008
OWNED BY ------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON -0-
WITH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,210,008
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,210,008
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
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14 TYPE OF REPORTING PERSON*
CO
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*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.
Amendment No. 2 to Schedule 13D
John G. Rangos, Sr., John G. Rangos, Jr. and Alexander W. Rangos
(collectively, the "Rangos Family Members") and John Rangos Development
Corporation, Inc. ("Rangos Development" and, together with the Rangos Family
Members, the "Rangos Shareholders") hereby amend and supplement their statement
on Schedule 13D, as heretofore amended and supplemented, with respect to the
Common Stock, par value U.S.$.01 (the "Company Shares"), of USA Waste Services,
Inc., a Delaware corporation ("USA Waste").
Item 4. Purpose of Transaction
The second paragraph of the response to Item 4 of the statement on
Schedule 13D, as heretofore amended and supplemented, is hereby further amended
to state that USA Waste filed a registration statement on Form S-3 under the
Securities Act of 1933 on January 8, 1996 which registered an aggregate of
4,000,000 Company Shares held by the Rangos Family Members for sale from time to
time, depending upon market conditions and other factors, in one or more
transactions on the New York Stock Exchange or other national securities
exchanges on which the Company Shares may be traded, in the over-the-counter
market or otherwise, at market prices prevailing at the time of sale, at prices
related to such market prices, at negotiated prices or at fixed prices, all in
accordance with the plan of distribution referred to in the prospectus included
in such registration statement, provided that during the period commencing 30
days before consummation by USA Waste of a business combination to be accounted
for as a pooling of interests and ending upon publication by USA Waste of
financial results covering at least 30 days of post-combination combined
operations sales by any Rangos Family Member will not exceed 10% of the Company
Shares owned by him on the date such period commences and sales by all Rangos
Family Members will not exceed the proportion of 1% of the outstanding Company
Shares that their Company Shares bear to the Company Shares owned by all
affiliates of the Company at the beginning of such period. The registration
statement referred to above registered 3,350,000 Company Shares for sale by John
G. Rangos, Sr., 400,000 Company Shares for sale by John G. Rangos, Jr. and
250,000 Company Shares for sale by Alexander W. Rangos. No Company Shares have
been sold by any of the Rangos Family Members pursuant to the Registration
Statement. However, in April and May of 1996, John G. Rangos, Sr. sold 300,000
Company Shares, John
Page 6 of 9 Pages
G. Rangos, Jr. sold 200,000 Company Shares and Alexander W. Rangos sold 120,000
Company Shares in the open market pursuant to Rule 144 under the Securities Act
of 1933. On June 21, 1996, the Rangos Shareholders entered into an Agreement
(Exhibit 1 hereto) with USA Waste, Donald F. Moorehead, Jr. and John E. Drury
terminating the Shareholders Agreement between them dated December 17, 1995,
pursuant to which USA Waste agreed to register all Company Shares held by the
Rangos Shareholders under the Securities Act of 1933, provided that at no time
shall more than 4,000,000 Company Shares be so registered, and provided further
that such agreement to register shall terminate on the earlier of December 18,
2000, the date on which the Rangos Shareholders may sell all Company Shares then
owned by them pursuant to Rule 144 without any volume restrictions or the date
on which the number of Company Shares so owned is less than 1% of the total
number of Company Shares then outstanding.
Item 5. Interest in Securities of the Issuer.
John G. Rangos, Sr.
(a) John G. Rangos, Sr. beneficially owns 7,433,911 Company Shares,
representing 5.4% of the 138,369,237 Company Shares which USA Waste reported as
outstanding on November 12, 1996. In addition, John G. Rangos, Sr. holds
warrants expiring June 21, 2004 to purchase up to 300,000 Company Shares at
$29.00 per share, which become exercisable in installments of 75,000 shares per
annum on June 21 in each of the years 1997 through 2000.
John G. Rangos, Jr.
(a) John G. Rangos, Jr. beneficially owns 1,851,128 Company Shares
(which includes 580,413 Company Shares that he holds directly, 60,707 Company
Shares that may be purchased upon exercise of outstanding stock options that are
presently exercisable and 1,210,008 Company Shares owned by John Rangos
Development Corporation, Inc.), representing 1.3% of the 138,369,237 Company
Shares which USA Waste reported as outstanding on November 12, 1996. In
addition, John G. Rangos, Jr. holds warrants expiring June 21, 2004 to purchase
up to 100,000 Company Shares at $29.00 per share, which become exercisable in
installments of 25,000 shares per annum on June 21 in each of the years 1997
through 2000.
Page 7 of 9 Pages
Alexander W. Rangos
(a) Alexander W. Rangos beneficially owns 2,052,129 Company Shares
(which includes 631,414 Company Shares that he holds directly, 210,707 Company
Shares that may be purchased upon exercise of outstanding stock options that are
presently exercisable and 1,210,008 Company Shares owned by John Rangos
Development Corporation, Inc.), representing 1.5% of the 138,369,237 Company
Shares which USA Waste reported as outstanding on November 12, 1996. In
addition, Alexander W. Rangos holds warrants expiring June 21, 2004 to purchase
up to 300,000 Company Shares at $29.00 per share, which become exercisable in
installments of 75,000 shares per annum on June 21 in each of the years 1997
through 2000.
John Rangos Development Corporation, Inc.
(a) John Rangos Development Corporation, Inc. owns of record 1,210,008
Company Shares representing 0.9% of the 138,369,237 Company Shares which USA
Waste reported as outstanding on November 12, 1996.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer.
On June 21, 1996, the Rangos Shareholders, USA Waste, Donald F.
Moorehead, Jr. and John E. Drury entered into an Agreement (Exhibit 1 hereto)
being filed as terminating the Shareholders Agreement between them dated
December 17, 1995.
Item 7. Material to be Filed as Exhibits.
1. Exhibit 1 -- Agreement dated June 21, 1996 among USA Waste, Donald
F. Moorehead, Jr., John E. Drury and the Rangos Shareholders, including form of
Warrants attached thereto as Exhibits A, B and C (incorporated by reference to
Exhibit 10.1 to the Registration Statement on Form S-4 filed by USA Waste with
the Securities and Exchange Commission on July 16, 1996, File No. 333-08161).
Page 8 of 9 Pages
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned hereby certify that the information set forth in
this Statement is true, complete and correct.
Dated: December 17, 1996
/s/ John G. Rangos, Sr.
John G. Rangos, Sr.
/s/ John G. Rangos, Jr.
John G. Rangos, Jr.
/s/ Alexander W. Rangos
Alexander W. Rangos
JOHN RANGOS DEVELOPMENT
CORPORATION, INC.
By/s/ John G. Rangos, Jr.
Name: John G. Rangos, Jr.
Title: President
Page 9 of 9 Pages