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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION ----------------------------
Washington, DC 20549 OMB Number: 3235-0145
Expires: October 31, 2002
SCHEDULE 13G Estimated average burden
Under the Securities Exchange Act of 1934 hours per response.....14.90
(Amendment No.____)* ----------------------------
WILLBROS GROUP, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
969199108
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(CUSIP Number)
December 31, 2001
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
* 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 the
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 2 of 10 Pages
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CUSIP No. 969199108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Husic Capital Management
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. Sec Use Only
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4. Citizenship or Place of Organization
California
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5. Sole Voting Power
784,000
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Number of 6. Shared Voting Power
Shares
Beneficially 0
Owned by ------------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting
Person With: 784,000
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8. Shared Dispositive Power
0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
784,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
5.60%
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12. Type of Reporting Person (See Instructions)
PN, IA
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Page 3 of 10 Pages
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CUSIP No. 969199108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Frank J. Husic & Co.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. Sec Use Only
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4. Citizenship or Place of Organization
California
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5. Sole Voting Power
784,000
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Number of 6. Shared Voting Power
Shares
Beneficially 0
Owned by ------------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting
Person With: 784,000
------------------------------------------------------------------
8. Shared Dispositive Power
0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
784,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
5.60%
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12. Type of Reporting Person (See Instructions)
CO, HC
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Page 4 of 10 Pages
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CUSIP No. 969199108
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Frank J. Husic
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. Sec Use Only
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4. Citizenship or Place of Organization
California
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5. Sole Voting Power
784,000
------------------------------------------------------------------
Number of 6. Shared Voting Power
Shares
Beneficially 0
Owned by ------------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting
Person With: 784,000
------------------------------------------------------------------
8. Shared Dispositive Power
0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
784,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
5.60%
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12. Type of Reporting Person (See Instructions)
IN, OO (Control Person)
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Page 5 of 10 Pages
Item 1.
(a) Name of Issuer
WILLBROS GROUP, INC.
(b) Address of Issuer's Principal Executive Office
Plaza 2000 Building
50th Street, 8th Floor
Apartado 6307
Panama 5, Republic of Panama
Item 2.
(a) Name of Person Filing
This statement is being filed by (i) Husic Capital
Management, a California limited partnership and registered
investment adviser ("IA"), (ii) Frank J. Husic and Co., a
California corporation ("Corporate G.P.") and (iii) Frank J.
Husic ("Shareholder") (collectively, the "Reporting
Persons"). Corporate G.P. controls IA by virtue of its
position as the sole general partner of IA. Shareholder
controls IA by virtue of Shareholder's position as the sole
shareholder of Corporate G.P.
IA's beneficial ownership of the Common Stock is direct as a
result of IA's discretionary authority to buy, sell, and
vote shares of such Common Stock for its investment advisory
clients. Corporate G.P.'s beneficial ownership of Common
Stock is indirect as a result of its control of IA.
Shareholder's beneficial ownership of Common Stock is
indirect as a result of Shareholder's stock ownership in
Corporate G.P. The beneficial ownership of the Corporate
G.P. and Shareholder is reported solely because Rules
13d-1(a) and (b) under the Securities Exchange Act of 1934,
as amended, require any person who is "directly or
indirectly" the beneficial owner of more than five percent
of any equity security of a specified class to file a
Schedule 13G within the specified time period. The answers
in blocks 5, 7, 9 and 11 above and in responses to item 4 by
Corporate G.P. and Shareholder are given on the basis of the
"indirect" beneficial ownership referred to in such Rule,
based on the direct beneficial ownership of Common Stock by
IA and the relationship of Corporate G.P. and Shareholder to
IA referred to above.
Information with respect to each Reporting Person is given
solely by the respective Reporting Person, and no Reporting
Person undertakes hereby any responsibility for the accuracy
or completeness of such information concerning any other
Reporting Person.
(b) Address of Principal Business Office or, if none, Residence
IA's Principal Business Office is located at:
555 California Street, Suite 2900
San Francisco, California 94104
Corporate G.P.'s Principal Business Office is located at:
555 California Street, Suite 2900
San Francisco, California 94104
Page 6 of 10 Pages
Shareholder's Principal Business Office is located at:
555 California Street, Suite 2900
San Francisco, California 94104
(c) Citizenship
IA is a California limited partnership
Corporate G.P. is a California corporation
Shareholder is a United States citizen
(d) Title of Class of Securities
Common
(e) CUSIP Number
969199108
Item 3 If this statement is filed pursuant to Sections 240.13d(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c)
(c) |_| Insurance Company as defined in section 3(a)(19) of the
Act (15 U.S.C. 78c).
(d) |_| Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) |X| An investment adviser in accordance with Section
240.13D-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in
accordance with Section 240.13d-1(b)(10(ii)(F);
(g) |_| A parent holding company or control person in
accordance with Section 249.13d-1(b)(1)(iii)(G);
(h) |_| A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| A church plan that is excluded from the definition of
an investment company under section 3(c)(114) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with Section
240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
Common Stock:
Page 7 of 10 Pages
(a) Amount Beneficially Owned: 784,000
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(b) Percent of Class: 5.60%
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(c) Number of shares as to which the joint filers have:
(i) sole power to vote or to direct the vote: 784,000
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(ii) shared power to vote of to direct the vote: 0
-
(iii) sole power to dispose or to direct the
disposition of: 784,000
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(iv) shared power to dispose of or to direct
the disposition of: 0
-
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following |_|.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
IA, a registered investment adviser, Corporate G.P., IA's sole
general partner, and Shareholder, the sole shareholder of
Corporate G.P., have the right or the power to direct the receipt
of dividends from Common Stock, and to direct the receipt of
proceeds from the sale of Common Stock to IA's investment
advisory clients. No single investment advisory client of IA owns
more than 5% of the Common Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Corporate G.P. and Shareholder are the equivalent of parent
holding companies for purposes of the Schedule 13G. IA is the
equivalent of Corporate G.P.'s direct subsidiary and
Shareholder's indirect subsidiary, and IA acquired the security
being reported on by Corporate G.P. and Shareholder. IA is a
registered investment adviser. See Exhibit B.
Item 8 Identification and Classification of Members of the Group
Not applicable.
Item 9 Notice of Dissolution of Group
Not applicable.
Item 10. Certification
(a) The following certification shall be included if the
statement is filed pursuant to 240.13d-l (b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Page 8 of 10 Pages
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.
Date: February 11, 2002
HUSIC CAPITAL MANAGEMENT
By: Frank J. Husic & Co.
Its: General Partner
By: /s/ John Sanders
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John Sanders
Compliance Officer
FRANK J. HUSIC & CO.
By: Frank J. Husic & Co.
Its: General Partner
By: /s/ John Sanders
--------------------
John Sanders
Compliance Officer
FRANK J. HUSIC
/s/ Frank J. Husic
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Page 9 of 10 Pages
EXHIBIT A
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Identification and Classification of Members of the Group
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Pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1) under the Securities and
Exchange Act of 1934, the members of the group making this joint filing are
identified and classified as follows:
Name Classification
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Not applicable. Not applicable.
Page 10 of 10 Pages
EXHIBIT B
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Joint Filing Agreement Pursuant to Rule 13d-1
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This agreement is made pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(1)
under the Securities and Exchange Act of 1934 (the "Act") by and among the
parties listed below, each referred to herein as a "Joint Filer." The Joint
Filers agree that a statement of beneficial ownership as required by Sections
13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their
behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint
filing may thereafter be amended by further joint filings. The Joint Filers
state that they each satisfy the requirements for making a joint filing under
Rule 13d-1.
Date: February 11, 2002
HUSIC CAPITAL MANAGEMENT
By: Frank J. Husic & Co.
Its: General Partner
By: /s/ John Sanders
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John Sanders
Compliance Officer
FRANK J. HUSIC & CO.
By: Frank J. Husic & Co.
Its: General Partner
By: /s/ John Sanders
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John Sanders
Compliance Officer
FRANK J. HUSIC
/s/ Frank J. Husic
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