4/A 1 sauc40206amend.txt JUNE/2002 - SLK AMEND UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ================================================================================ 1. Name and Address of Reporting Person* The Goldman Sachs Group, Inc. -------------------------------------------------------------------------------- (Last) (First) (Middle) 85 Broad Street -------------------------------------------------------------------------------- (Street) New York, New York 10004 -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Issuer Name and Ticker or Trading Symbol Standard Automotive Corporation (SAUC) ================================================================================ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ================================================================================ 4. Statement for Month/Year June/2002 ================================================================================ 5. If Amendment, Date of Original (Month/Year) July 10, 2002 ================================================================================ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ X ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ------------------------------------------- ================================================================================ 7. Individual or Joint/Group Filing (Check Applicable Line) [ ] Form filed by One Reporting Person [ X ] Form filed by More than One Reporting Person ================================================================================

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). FORM 4 (continued)

Instruction 4(b)(v) list of other Reporting Persons: This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Spear, Leeds & Kellogg, L.P. ("SLK" and, together with GS Group, the "Reporting Persons"). The principal business address of GS Group is 85 Broad Street, New York, New York, 10004. The principal business address of SLK is 120 Broadway, New York, New York, 10271. Explanation of Responses: 01: This Form 4 amends the previous Form 4 which reflected a conversion, by SLK, of 50,000 shares of the Issuer's 8 1/2% Senior Convertible Redeemable Preferred Stock ("Convertible Preferred") into an equal number of the Issuer's Common Stock. SLK's request to convert the Convertible Preferred was denied by the Issuer's Transfer Agent due to the Issuer's financial status. SLK beneficially owns directly and GS Group may be deemed to beneficially own indirectly the securities reported herein. SLK is an indirect wholly-owned subsidiary of GS Group. **Signatures: THE GOLDMAN SACHS GROUP, INC. By: s/ Roger S. Begelman ---------------------------- Name: Roger S. Begelman Title: Attorney-in-fact SPEAR, LEEDS & KELLOGG, L.P. By: s/ Roger S. Begelman ---------------------------- Name: Roger S. Begelman Title: Attorney-in-fact Date: August 2, 2002 ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedures. Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to Rule 101(b)(4) of Regulation S-T.

STANDARD AUTOMOTIVE CORP 4/A