SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------- SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILE PURSUANT TO RULE 13D-2(A) (Amendment No. 2)(1) MotivePower Industries, Inc. ("formerly MK Rail Corporation") ------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value ---------------------------------------------------- (Title of Class of Securities) 61980K101 ---------------------------------------------------- (CUSIP Number) Mr. Satish G. Pattegar, Senior Vice President & National Risk Manager, Wealth Management Operations NationsBank, NA TX1-099-12-02, Asset Management Group 1401 Elm Place, 12th Fl. Dallas, TX 75201-0241 214/508-8950 ---------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 18, 1998 ---------------------------------------------------- (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(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent. (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 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 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). (Continued on following pages) CUSIP No. 61980K101 Schedule 13D - ------------------------------------------------------------------------------- 1 Names of Reporting Persons BankAmerica Corporatioin I.R.S. Identification Nos. of Above Person (Entities only) - ------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. [_] b. [_] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Source of Funds* - ------------------------------------------------------------------------------- 5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [_] - ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- 7 Sole Voting Power Number of -0- Shares ------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By -0- ------------------------------------------------------- Each 9 Sole Dispositive Power Reporting -0- ------------------------------------------------------- Person 10 Shared Dispositive Power With -0- ------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person -0- - ------------------------------------------------------------------------------- 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* HC - ------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 CUSIP No. 61980K101 Schedule 13D - ------------------------------------------------------------------------------- 1 Names of Reporting Persons I.R.S. Identification Nos. of Above Person (Entities only) Bank of America National Trust and Savings Association - ------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. [_] b. [_] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Source of Funds* - ------------------------------------------------------------------------------- 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 Number of -0- Shares ------------------------------------------------------- Beneficially 8 Shared Voting Power Owned By -0- ------------------------------------------------------- Each 9 Sole Dispositive Power Reporting -0- ------------------------------------------------------- Person 10 Shared Dispositive Power With -0- ------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person -0- - ------------------------------------------------------------------------------- 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* BK - ------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 SCHEDULE 13D Item 1. Security and Issuer. No change. Item 2. Identity and Background. The executive officers and directors of the filing parties have changed as has the address of BankAmerica Corporation. The new information is listed on Exhibit B hereto. On September 25, 1998, NationsBank Corporation, a North Carolina corporation ("NationsBank"), reincorporated in Delaware by forming a new, wholly owned Delaware subsidiary and merging into it, with the surviving Delaware corporation renamed "NationsBank Corporation." On September 30, 1998, BankAmerica Corporation, a Delaware corporation which previously filed a Schedule 13D to report ownership of the securities reported in this filing ("Old BankAmerica"), merged with and into NationsBank Corporation, which was the surviving corporation in the Merger and then changed its name to "BankAmerica Corporation" ("BankAmerica"). As a result of the mergers, BankAmerica succeeded to the assets and liabilities of both NationsBank and Old BankAmerica. Additional information regarding these mergers is set forth in NationsBank's Current Report on Form 8-K filed April 17, 1998, as amended. BankAmerica is a bank holding company registered under the Bank Holding Company Act of 1956, as amended, with its principal executive offices located in Charlotte, North Carolina. Bank of America National Trust and Savings Association (the "Bank") is a wholly-owned subsidiary of BankAmerica. The Bank is a national banking association organized under the laws of the United States and is headquartered in San Francisco, California. The Bank and NationsBank, NA constitute BankAmerica's two principal subsidiaries. It is anticipated that the Bank and NationsBank, NA will merge in 1999. Item 3. Source and Amount of Funds or Other Consideration. No change. Item 4. Purpose of Transaction. No change. Item 5. Interest in Securities of the Issuer. The reporting persons ceased to beneficially own more than 5% of the class of securities reported on on March 18, 1998. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. No change. Item 7. Material to be Filed as Exhibits. No change, except as stated in response to Item 2. Page 4 Signatures After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this instrument is true, complete and correct. Dated: December 16, 1998 BANKAMERICA CORPORATION* BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION* *By: /s/ VENRICE R. PALMER --------------------- Venrice R. Palmer Senior Counsel of Bank of America National Trust and Savings Association and Authorized Attorney-in-Fact (signing resolutions, delegations of authority and powers of attorney are incorporated by reference to Schedule 13G Amendment #2 relating to Anaren Microwave, Inc. and to Schedule 13G Amendment #3 relating to Lexford, Inc.) Page 5 EXHIBIT A --------- JOINT FILING AGREEMENT ---------------------- The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(f)(1). Each of them is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Dated: December 16, 1998 BANKAMERICA CORPORATION* BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION* *By: /s/ VENRICE R. PALMER --------------------- Venrice R. Palmer Senior Counsel of Bank of America National Trust and Savings Association and Authorized Attorney-in-Fact (signing resolutions, delegations of authority and powers of attorney are incorporated by reference to Schedule 13G Amendment #2 relating to Anaren Microwave, Inc. and to Schedule 13G Amendment #3 relating to Lexford, Inc.) Page 6 EXHIBIT B --------- The following table sets forth the names, addresses and principal occupations of the directors and executive officers of BankAmerica Corporation and Bank of America National Trust and Savings Association. Each such person is a citizen of the United States. BANKAMERICA CORPORATION NationsBank Corporate Center 100 N. Tryon Charlotte, NC 28255 DIRECTORS ---------
- ----------------------------------------------------------------------------------------- PRINCIPAL NAME ADDRESS OCCUPATION - ----------------------------------------------------------------------------------------- Charles W. Coker Post Office Box 160 Chairman, Sonoco Products Hartsville, SC 29551-0160 Company - ----------------------------------------------------------------------------------------- Timm Crull c/o Hallmark Cards, Inc. Retired Chairman, Nestle 1024 E. Balboa Blvd. USA, Inc. Newport Beach, CA 92661 - ----------------------------------------------------------------------------------------- Alan T. Dickson 2000 Two First Union Center Chairman of the Board, Charlotte, NC 28282 Ruddick Corporation - ----------------------------------------------------------------------------------------- Kathleen Feldstein 147 Clifton Street President, Economic Belmont, MA 02178 Studies, Inc. - ----------------------------------------------------------------------------------------- Paul Fulton First Stratford Building Chairman and CEO, 101 S. Stratford Road Bassett Furniture Winston-Salem, NC 27104 Industries, Inc. - ----------------------------------------------------------------------------------------- Donald E. Guinn Pacific Telesis Center Chairman Emeritus, Pacific 130 Kearney Street, Room 3704 Telesis Group San Francisco, CA 94108 - ----------------------------------------------------------------------------------------------- C. Ray Holman Post Office Box 5840 Chairman and Chief St. Louis, MO 63134 Executive Officer, Mallinckrodt Inc. - ----------------------------------------------------------------------------------------------- W.W. Johnson P.O. Box 448 Chairman, Executive SC3-240-18-17 Committee, BankAmerica Columbia, SC 29202 Corporation - -----------------------------------------------------------------------------------------------
Page 7 - ----------------------------------------------------------------------------------------------- Walter Massey Office of the President President, Morehouse 830 Westview Drive College Atlanta, GA 30314 - ----------------------------------------------------------------------------------------------- Hugh L. McColl, Jr. BankAmerica Corporation Chairman and Chief NationsBank Corporate Center Executive Officer, 100 N. Tryon BankAmerica Corporation Charlotte, NC 28255 - ----------------------------------------------------------------------------------------------- Richard M. Rosenberg 555 California Street Retired Chairman and Chief 5th Floor Executive Officer, San Francisco, CA 94194 BankAmerica Corporation and Bank of America NT & SA - ----------------------------------------------------------------------------------------------- O. Temple Sloan, Jr. Post Office Box 26006 Chairman, General Parts Raleigh, NC 27611 Inc. - ----------------------------------------------------------------------------------------------- Meredith R. Spangler 668 Hempstead Place Chairman, C.D. Spangler Charlotte, NC 28207-2320 Foundation - ----------------------------------------------------------------------------------------------- A. Michael Spence Memorial Way, Room 140 Dean of Graduate School of Stanford, CA Business, Stanford University - ----------------------------------------------------------------------------------------------- Ronald Townsend Gannett Television Communications Consultant c/o WTLV-TV12 1070 East Adams Street Jacksonville, FL 32202 - ----------------------------------------------------------------------------------------------- Solomon Trujillo 1801 California Street President and Chief 52nd Floor Executive Officer, US West Denver, CO 80202 Communications Group - ----------------------------------------------------------------------------------------------- Jackie M. Ward 5775 Peachtree-Dunwoody Road President and CEO, Building G, Fourth Floor Computer Generation Atlanta, Georgia 30342 Incorporated - ----------------------------------------------------------------------------------------------- Virgil R. Williams Post Office Box 105106 Chairman and CEO, Atlanta, Georgia 30087 Williams Group International, Inc. - ----------------------------------------------------------------------------------------------- Shirley Young General Motors Corporation Vice President, 400 Renaissance Center General Motors Detroit, Michigan 48265 Corporation - -----------------------------------------------------------------------------------------------
Page 8 BANKAMERICA CORPORATION EXECUTIVE OFFICERS ------------------
- --------------------------------------------------------------------------------- PRINCIPAL NAME ADDRESS OCCUPATION - --------------------------------------------------------------------------------- Hugh L. McColl, Jr. BankAmerica Corporation Chairman and Chief NationsBank Corporate Center Executive Officer 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- James H. Hance, Jr. BankAmerica Corporation Vice Chairman and Chief NationsBank Corporate Center Financial Officer 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- Kenneth D. Lewis BankAmerica Corporation President, Consumer and NationsBank Corporate Center Commercial Banking 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- Michael J. Murray BankAmerica Corporation President, Global 555 California Street Corporate San Francisco, CA 94104 and Investment Banking - --------------------------------------------------------------------------------- Michael E. O'Neill BankAmerica Corporation President, Principal 555 California Street Investing and Wealth San Francisco, CA 94104 Management - ---------------------------------------------------------------------------------
Page 9 BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION 555 California Street San Francisco, CA 94104 DIRECTORS ---------
- --------------------------------------------------------------------------------- NAME ADDRESS PRINCIPAL OCCUPATION - --------------------------------------------------------------------------------- Hugh L. McColl, Jr. BankAmerica Corporation Chairman and Chief NationsBank Corporate Executive Officer Center 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- James H. Hance, Jr. BankAmerica Corporation Vice Chairman and Chief NationsBank Corporate Financial Officer Center 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- Kenneth D. Lewis BankAmerica Corporation President, Consumer and NationsBank Corporate Commercial Banking Center 100 N. Tryon Charlotte, NC 28255 - --------------------------------------------------------------------------------- Michael J. Murray BankAmerica Corporation President, Global 555 California Street Corporate and Investment San Francisco, CA 94104 Banking - --------------------------------------------------------------------------------- Michael E. O'Neill BankAmerica Corporation President, Principal 555 California Street Investing and Wealth San Francisco, CA 94104 Management - --------------------------------------------------------------------------------- F. William Vandiver, Jr. BankAmerica Corporation Risk Management Executive NationsBank Corporate Center 100 N. Tryon Charlotte, NC 28255 - ---------------------------------------------------------------------------------
Page 10 BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION EXECUTIVE OFFICERS ------------------
- --------------------------------------------------------------------------------- NAME ADDRESS PRINCIPAL OCCUPATION - --------------------------------------------------------------------------------- Hugh L. McColl, Jr. BankAmerica Corporation Chairman and Chief Executive NationsBank Corporate Officer Center 100 N. Tryon Charlotte, NC 28255 - -------------------------------------------------------------------------------- James H. Hance, Jr. BankAmerica Corporation Vice Chairman and Chief NationsBank Corporate Financial Officer Center 100 N. Tryon Charlotte, NC 28255 - -------------------------------------------------------------------------------- Kenneth D. Lewis BankAmerica Corporation President, Consumer and NationsBank Corporate Commercial Banking Center 100 N. Tryon Charlotte, NC 28255 - -------------------------------------------------------------------------------- Michael J. Murray BankAmerica Corporation President, Global Corporate 555 California Street and Investment Banking San Francisco, CA 94104 - -------------------------------------------------------------------------------- Michael E. O'Neill BankAmerica Corporation President, Principal 555 California Street Investing and Wealth San Francisco, CA 94104 Management - --------------------------------------------------------------------------------
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