SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
URS Corporation
----------------------------
(Name of Issuer)
Shares of Common Stock
--------------------------------------
(Title of Class of Securities)
903236 10 7
-----------------------------
(CUSIP Number)
Michael S. Paquette
Vice President and Controller
Fund American Enterprises Holdings, Inc.
The 1820 House,
Main Street,
Norwich, Vermont 05055-0850
(802) 649-3633
------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 24, 1995
--------------------------------------------
(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 this 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.
CUSIP NO. 903236 10 7
- --------------------------------------------------------------------------------
(1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above
Person
Fund American Enterprises Holdings, Inc.
94-2708455
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(2) Check the Appropriate Box if a Member (a) _______________________
of a Group (See Instructions)
(b) _______________________
(3) (SEC Use Only)
- --------------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
- --------------------------------------------------------------------------------
(5) Check 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 Delaware
----------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned ----------------------
by Each Reporting
Person With (8) Shared Voting Power
----------------------
726,323
(9) Sole Dispositive Power
----------------------
(10) Shared Dispositive Power
------------------------
726,323
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
726,323
- --------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
- --------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
Approximately 10.4%
- --------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) HC, CO
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CUSIP NO. 903236 10 7
- --------------------------------------------------------------------------------
(1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above
Person
Fund American Enterprises, Inc.
51-0328932
- --------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) _______________________
of a Group (See Instructions)
(b) _______________________
(3) (SEC Use Only)
- --------------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
- --------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e)
- --------------------------------------------------------------------------------
(6) Citizenship or Place of Organization Delaware
----------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned ----------------------
by Each Reporting
Person With (8) Shared Voting Power
----------------------
726,323
(9) Sole Dispositive Power
----------------------
(10) Shared Dispositive Power
------------------------
726,323
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
726,323
- --------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
- --------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
Approximately 10.4%
- --------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) HC, CO
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CUSIP NO. 903236 10 7
- --------------------------------------------------------------------------------
(1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above
Person
Source One Mortgage Services Corporation
38-2011419
- --------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) _______________________
of a Group (See Instructions)
(b) _______________________
(3) (SEC Use Only)
- --------------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
- --------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e)
- --------------------------------------------------------------------------------
(6) Citizenship or Place of Organization Delaware
----------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned ----------------------
by Each Reporting
Person With (8) Shared Voting Power
----------------------
0
(9) Sole Dispositive Power
----------------------
(10) Shared Dispositive Power
------------------------
0
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
0
- --------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
- --------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0.0%
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(14) Type of Reporting Person (See Instructions) CO
- --------------------------------------------------------------------------------
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ONLY ITEMS REPORTED IN THIS AMENDMENT NO. 3 TO SCHEDULE 13D ARE AMENDED FROM THE
FILING ON SCHEDULE 13D FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON
JANUARY 29, 1992, AS AMENDED BY AMENDMENT NO. 1 DATED AUGUST 24, 1993 AND
AMENDMENT NO. 2 DATED MARCH 21, 1994. ALL OTHER ITEMS REMAIN UNCHANGED. UNLESS
OTHERWISE SPECIFIED, ALL DEFINED TERMS USED HEREIN HAVE THE MEANING PREVIOUSLY
ASCRIBED TO THEM IN THE SCHEDULE 13D.
Item 1. Security and Issuer.
--------------------
Item 2. Identity and Background.
------------------------
Schedule I, attached hereto, which is incorporated herein by reference,
replaces Schedule I to the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
--------------------------------------------------
On April 6, 1994, SOMSC transferred 826,323 Shares to FAE.
Item 4. Purpose of Transaction.
-----------------------
Sales by FAE outlined in Schedule II, attached hereto, which is
incorporated herein by reference, were made in the ordinary course of business
and not for the purpose or effect of changing or influencing the control of the
Issuer or in connection with, or as a participant in, any transaction having
such purpose or effect.
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Item 5. Interest in Securities of the Issuer.
-------------------------------------
(a) FAEH owns all 726,323 Shares indirectly through FAE. The aggregate
number of Shares and the corresponding percentage of the outstanding Shares such
number represents is as follows:
Percentage of
Shares Shares
Beneficially Beneficially
Person Owned Owned
------ ------------ --------------
FAEH 726,323 10.4%
FAE 726,323 10.4%
SOMSC 0 0.0%
(b) FAEH shares voting power and dispositive power with respect to its
726,323 Shares with FAE.
(C) Schedule II, attached hereto and incorporated herein by reference,
describes all transactions by FAEH and FAE, or to the knowledge of FAEH and FAE,
any of the persons listed on Schedule I, attached hereto and incorporated herein
by reference, in Shares effected during the past 60 days.
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SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: May 2, 1995
FUND AMERICAN ENTERPRISES HOLDINGS, INC.
BY: /S/
------------------------------------
Name: Michael S. Paquette
Title: Vice President and
Controller
FUND AMERICAN ENTERPRISES, INC.
BY: /S/
------------------------------------
Name: Terry L. Baxter
Title: President and Secretary
SOURCE ONE MORTGAGE SERVICES CORPORATION
BY: /S/
------------------------------------
Name: Michael S. Paquette
Title: Authorized Representative *
* Power of Attorney on file
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SCHEDULE I TO SCHEDULE 13D
--------------------------
Following is a list of the directors and executive officers of Fund
American Enterprises Holdings, Inc. ("FAEH"), and Fund American Enterprises,
Inc. ("FAE") setting forth the business address and present principal occupation
or employment (and the name, principal business and address of any corporation
or organization in which such employment is conducted) of each such person.
Each such person is a citizen of the United States of America.
Present
Name and Principal Occupation
Business Address Office or Employment
- ---------------- ------ --------------------
FAEH
Dennis P. Beaulieu Corporate Secretary Corporate Secretary
Fund American Enterprises of FAEH of FAEH
Holdings, Inc.
The 1820 House, Main Street
Norwich VT 05055-0850
John J. Byrne Chairman of the Board, Chairman of the Board,
Fund American Enterprises President & Chief President & Chief
Holdings, Inc. Executive Officer of Executive Officer of
The 1820 House, Main Street FAEH, Chairman of the FAEH
Norwich VT 05055-0850 Board of FAE
Howard L. Clark Director Retired
200 Park Avenue, Suite 4501 of FAEH
New York NY 10166
Howard L. Clark, Jr. Director Vice Chairman of Lehman
Lehman Brothers Holdings, Inc. of FAEH Brothers Holdings, Inc.
American Express Tower
New York NY 10128
Robert P. Cochran Director President & Chief
Financial Security Assurance of FAEH Executive Officer of
Holdings, Ltd. Financial Security Assurance
350 Park Avenue Holdings, Ltd.
New York NY 10022
George J. Gillespie, III Director Partner in Cravath,
Cravath, Swaine & Moore of FAEH Swaine & Moore
825 Eighth Avenue
New York NY 10019
K. Thomas Kemp Executive Vice President Executive Vice President
Fund American Enterprises of FAEH, Director of of FAEH
Holdings, Inc. FAEH and FAE
The 1820 House, Main Street
Norwich VT 05055-0850
Gordon S. Macklin Director Chairman of White River
8212 Burning Tree Road of FAEH Corporation
Bethesda MD 20817
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SCHEDULE I TO SCHEDULE 13D (cont.)
----------------------------------
Present
Name and Principal Occupation
Business Address Office or Employment
- ---------------- ------ --------------------
FAEH
Michael S. Paquette Vice President & Vice President &
Fund American Enterprises Controller of FAEH, Controller of FAEH
Holdings, Inc. Director of FAE
The 1820 House, Main Street
Norwich VT 05055-0850
Allan L. Waters Senior Vice President & Senior Vice President &
Fund American Enterprises Chief Financial Officer Chief Financial Officer
Holdings, Inc. of FAEH, Director of of FAEH
The 1820 House, Main Street FAE
Norwich VT 05055-0850
Arthur Zankel Director Co-Managing Partner
First Manhattan Co. of FAEH First Manhattan Co.
437 Madison Ave.
New York NY 10022
FAE
Terry L. Baxter President & Secretary of FAE, President & Secretary of FAE
Fund American Enterprises, Inc. Director of FAE
The 1820 House, Main Street
Norwich VT 05055-0850
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SCHEDULE II TO SCHEDULE 13D
---------------------------
Sales of Shares of Common Stock of URS Corporation by the Reporting Persons
and by persons listed in Schedule I, attached hereto, and incorporated herein by
reference, within the last 60 days.
Sold by Date Number Sold Unit Price
------- ---- ----------- ----------
FAE 04-24-95 100,000 5.500
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