SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)/1/
Corinthian Colleges, Inc.
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(Name of Issuer)
Common Stock, par value $.0001 per share
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(Title of Class of Securities)
218868 107
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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 statement
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
______________
/1/ 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 in 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 7 Pages
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CUSIP NO. 218868 107 13G Page 2 of 7 Pages
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NAME OF REPORTING PERSON
1
PRIMUS CAPITAL FUND III LIMITED PARTNERSHIP
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4 Ohio
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 50,000 (See Item 4)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8 50,000 (See Item 4)
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 50,000 (See Item 4)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 .235%
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TYPE OF REPORTING PERSON*
12 PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 218868 107 13G Page 3 of 7 Pages
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NAME OF REPORTING PERSON
PRIMUS VENTURE PARTNERS III LIMITED PARTNERSHIP
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Ohio
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 50,000 (See Item 4)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8 50,000 (See Item 4)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
50,000 (See Item 4)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
.235%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 218868 107 13G Page 4 of 7 Pages
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NAME OF REPORTING PERSON
PRIMUS VENTURE PARTNERS, INC.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4 Ohio
------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 50,000 (See Item 4)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8 50,000 (See Item 4)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 50,000 (See Item 4)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 .235%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12 CO
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 218868 107 13G Page 5 of 7 Pages
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SCHEDULE 13G
Amendment No. 2 to the Statement on Schedule 13G filed on February 10, 2000
(the "Statement") by Primus Capital Fund III Limited Partnership ("PCF III"), an
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Ohio limited partnership, by virtue of its direct beneficial ownership of Common
Stock (as defined below), Primus Venture Partners III Limited Partnership ("PVP
---
LP"), an Ohio limited partnership, by virtue of its indirect beneficial
--
ownership as the sole general partner of PCF III, and Primus Venture Partners,
Inc. ("PVP Inc."), an Ohio corporation, by virtue of its indirect beneficial
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ownership as the sole general partner of PVP LP (collectively the "Reporting
---------
Persons"), relates to the Common Stock, par value $.0001 per share (the "Common
------- ------
Stock"), of Corinthian Colleges, Inc., a Delaware corporation (the "Company"),
-----
and is being filed pursuant to Rule 13d-1(k)(1) promulgated by the Securities
and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of
1934, as amended. Unless otherwise defined herein, capitalized terms used herein
shall have the meanings given such terms in the Statement. Items 4 and 5 of the
Statement are amended and supplemented as set forth below:
Item 4. Ownership:
Item 4 of the Statement is hereby deleted in its entirety and replaced
with the following:
(a)-(c). Each Reporting Person named in response to Item 2 hereof has,
as of December 31, 2001, shared power to vote or to direct the vote and
shared power to dispose or to direct the disposition of the Common
Stock as follows:
Primus Capital Fund III Limited Partnership. PCF III has the
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shared power to vote and to dispose of 50,000 shares of Common Stock
currently held by PCF III, constituting approximately .235% of the
outstanding Common Stock.
Primus Venture Partners III Limited Partnership. PVP LP, as the
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sole general partner of PCF III, may be deemed to have the shared power
to vote and to dispose of 50,000 shares of Common Stock currently held
by PCF III, which constitutes approximately .235% of the outstanding
Common Stock. The filing of this Schedule 13G by PVP LP shall not be
considered an admission that PVP LP is, for the purpose of Section
13(g) of the Exchange Act, the beneficial owner of such shares held by
PCF III.
Primus Venture Partners, Inc. PVP Inc., as the sole general
-----------------------------
partner of PVP LP, may be deemed to have the shared power to vote and
to dispose of 50,000 shares of Common Stock currently held by PCF III,
which constitutes approximately .235% of the outstanding Common Stock.
The filing of this Schedule 13G by PVP Inc. shall not be considered an
admission that PVP Inc. is, for the purpose of Section 13(g) of the
Exchange Act, the beneficial owner of such shares held by PCF III.
PVP Inc. has four shareholders and directors, Loyal W. Wilson,
James T. Bartlett, William C. Mulligan and Jonathan E. Dick. Loyal W.
Wilson also holds 15,500 shares of Common Stock and has stock options
to purchase 34,000 shares of Common Stock (10,000 shares are still
subject to vesting).
Pursuant to Rule 13d-5(b)(1) under the Exchange Act, the Reporting
Persons may be deemed as a group to have beneficial ownership of 50,000
shares of Common Stock, the aggregate number of shares of Common Stock
held by the Reporting Persons, representing approximately .235% of the
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CUSIP No. 218868 107 13G Page 6 of 7 Pages
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outstanding Common Stock as of December 31, 2001. Except as otherwise
specifically noted, all of the percentages calculated in this Schedule
13G are based upon an aggregate of 21,243,718 shares of Common Stock
outstanding on or about December 31, 2001, as disclosed in the
Company's last filed 10Q on November 14, 2001. Each Reporting Person
expressly disclaims beneficial ownership of any shares of Common Stock
beneficially owned by each other Reporting Person.
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 each of the Reporting Persons has ceased to be the
beneficial owner of more than five percent of the class of securities,
check the following [X].
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CUSIP No. 218868 107 13G Page 7 of 7 Pages
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Date: February 1, 2002
PRIMUS CAPITAL FUND III LIMITED PARTNERSHIP
By: Primus Venture Partners III Limited
Partnership
Its: General Partner
By: Primus Venture Partners, Inc.
Its: General Partner
By: /s/ Steven Rothman
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Its: Secretary and Treasurer
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PRIMUS VENTURE PARTNERS III
LIMITED PARTNERSHIP
By: Primus Venture Partners, Inc.
Its: General Partner
By: /s/ Steven Rothman
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Its: Secretary and Treasurer
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PRIMUS VENTURE PARTNERS, INC.
By: /s/ Steven Rothman
--------------------------------------
Its: Secretary and Treasurer
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