SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 18)
-----------
FOOT LOCKER, INC.
(formerly named Venator Group, Inc.)
(Name of Issuer)
Common Stock, $.01 par value per share 344849 10 4
(Title of class of securities) (CUSIP number)
Gary K. Duberstein, Esq.
Greenway Partners, L.P.
909 Third Avenue, 30th Floor
New York, New York 10022
(212) 350-5100
(Name, address and telephone number of person authorized
to receive notices and communications)
August 29, 2002
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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. Seess. 240.13d-7 for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 16 pages)
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CUSIP No. 344849 10 4 13D Page 2 of 16 Pages
- ---------------------------------------------------- -----------------------------------------------
- ------------------------ -------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENWAY PARTNERS, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3714238
OF ABOVE PERSON
- ------------------------ -------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ -------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, 00
- ------------------------ -------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
[_]
- ------------------------ -------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ -------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 320,600
SHARES
---------------- -----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY
---------------- -----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 320,600
REPORTING
---------------- -----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
- ------------------------ -------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 320,600
- ------------------------ -------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ -------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
- ------------------------ -------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- ------------------------ -------------------------------------------------------------------------------------------
2
- ---------------------------------------------------- ------------------------------------------------
CUSIP No. 344849 10 4 13D Page 3 of 16 Pages
- ---------------------------------------------------- ------------------------------------------------
- ------------------------ --------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENTREE PARTNERS, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3752875
OF ABOVE PERSON
- ------------------------ --------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ --------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ --------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, 00
- ------------------------ --------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
- ------------------------ --------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ --------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 185,000
SHARES
---------------- ------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY
---------------- ------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 185,000
REPORTING
---------------- ------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
- ------------------------ --------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 185,000
- ------------------------ --------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ --------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.1%
- ------------------------ --------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- ------------------------ --------------------------------------------------------------------------------------------
3
- ---------------------------------------------------- --------------------------------------------------
CUSIP No. 344849 10 4 13D Page 4 of 16 Pages
- ---------------------------------------------------- --------------------------------------------------
- ------------------------ ----------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENHOUSE PARTNERS, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3793447
OF ABOVE PERSON
- ------------------------ ----------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ ----------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ ----------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, AF, 00
- ------------------------ ----------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
- ------------------------ ----------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ ----------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
---------------- --------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 320,600
OWNED BY
---------------- --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
---------------- --------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 320,600
- ------------------------ ----------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 320,600
- ------------------------ ----------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ ----------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
- ------------------------ ----------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- ------------------------ ----------------------------------------------------------------------------------------------
4
- ---------------------------------------------------- -----------------------------------------------
CUSIP No. 344849 10 4 13D Page 5 of 16 Pages
- ---------------------------------------------------- -----------------------------------------------
- ------------------------ -------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENHUT L.L.C.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3793450
OF ABOVE PERSON
- ------------------------ -------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ -------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, AF, 00
- ------------------------ -------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
[_]
- ------------------------ -------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ -------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
---------------- -----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 185,000
OWNED BY
---------------- -----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
---------------- -----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 185,000
- ------------------------ -------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 185,000
- ------------------------ -------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ -------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.1%
- ------------------------ -------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
- ------------------------ -------------------------------------------------------------------------------------------
5
- ---------------------------------------------------- ------------------------------------------------
CUSIP No. 344849 10 4 13D Page 6 of 16 Pages
- ---------------------------------------------------- ------------------------------------------------
- ------------------------ --------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENBELT CORP.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3791931
OF ABOVE PERSON
- ------------------------ --------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ --------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ --------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- ------------------------ --------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
- ------------------------ --------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ --------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 3,720,748
SHARES
---------------- ------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY
---------------- ------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 3,720,748
REPORTING
---------------- ------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
- ------------------------ --------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 3,720,748
- ------------------------ --------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ --------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 2.7%
- ------------------------ --------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
- ------------------------ --------------------------------------------------------------------------------------------
6
- ---------------------------------------------------- -----------------------------------------------
CUSIP No. 344849 10 4 13D Page 7 of 16 Pages
- ---------------------------------------------------- -----------------------------------------------
- ------------------------ -------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENSEA OFFSHORE, L.P.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
- ------------------------ -------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ -------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, 00
- ------------------------ -------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
[_]
- ------------------------ -------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands
- ------------------------ -------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 280,000
SHARES
---------------- -----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY
---------------- -----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 280,000
REPORTING
---------------- -----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
- ------------------------ -------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 280,000
- ------------------------ -------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ -------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
- ------------------------ -------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- ------------------------ -------------------------------------------------------------------------------------------
7
- ---------------------------------------------------- --------------------------------------------------
CUSIP No. 344849 10 4 13D Page 8 of 16 Pages
- ---------------------------------------------------- --------------------------------------------------
- ------------------------ ----------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENHUT OVERSEAS, L.L.C.
S.S. OR I.R.S. IDENTIFICATION NO. 13-3868906
OF ABOVE PERSON
- ------------------------ ----------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ ----------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ ----------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC, AF, 00
- ------------------------ ----------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
- ------------------------ ----------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- ------------------------ ----------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
---------------- --------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 280,000
OWNED BY
---------------- --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
---------------- --------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 280,000
- ------------------------ ----------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 280,000
- ------------------------ ----------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ ----------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
- ------------------------ ----------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
- ------------------------ ----------------------------------------------------------------------------------------------
8
- ---------------------------------------------------- -----------------------------------------------
CUSIP No. 344849 10 4 13D Page 9 of 16 Pages
- ---------------------------------------------------- -----------------------------------------------
- ------------------------ -------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON ALFRED D. KINGSLEY
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
- ------------------------ -------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ -------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: PF, AF, 00
- ------------------------ -------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
[_]
- ------------------------ -------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ------------------------ -------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 685,000
SHARES
---------------- -----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 4,506,348
OWNED BY
---------------- -----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 685,000
REPORTING
---------------- -----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 4,506,348
- ------------------------ -------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 5,191,348
- ------------------------ -------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ -------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.7%
- ------------------------ -------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
- ------------------------ -------------------------------------------------------------------------------------------
9
- ---------------------------------------------------- -----------------------------------------------
CUSIP No. 344849 10 4 13D Page 10 of 16 Pages
- ---------------------------------------------------- -----------------------------------------------
- ------------------------ -------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GARY K. DUBERSTEIN
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
- ------------------------ -------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
- ------------------------ -------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------ -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: PF, AF, 00
- ------------------------ -------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
[_]
- ------------------------ -------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
- ------------------------ -------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 25,000
SHARES
---------------- -----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 4,506,348
OWNED BY
---------------- -----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 25,000
REPORTING
---------------- -----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 4,506,348
- ------------------------ -------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON: 4,531,348
- ------------------------ -------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES: [_]
- ------------------------ -------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.2%
- ------------------------ -------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
- ------------------------ -------------------------------------------------------------------------------------------
10
This Amendment No. 18 ("Amendment No. 18") amends the Statement on Schedule 13D
(the "Schedule 13D") filed on May 18, 1998, as amended by Amendment No. 1 filed
on June 5, 1998, Amendment No. 2 filed on July 7, 1998, Amendment No. 3 filed on
August 23, 1998, Amendment No. 4 filed on October 2, 1998, Amendment No. 5 filed
on December 1, 1998, Amendment No. 6 filed on January 6, 1999, Amendment No. 7
filed on January 29, 1999, Amendment No. 8 filed on March 12, 1999, Amendment
No. 9 filed on March 25, 1999, Amendment No. 10 filed on March 13, 2000,
Amendment No. 11 filed on January 19, 2001, Amendment No. 12 filed on July 10,
2001, Amendment No. 13 filed on November 13, 2001, Amendment No. 14 filed on
January 15, 2002, Amendment No. 15 filed on February 12, 2002, Amendment No. 16
filed on July 23, 2002, and Amendment No. 17 filed on July 25, 2002, and is
filed by and on behalf of Greenway Partners, L.P. ("Greenway"), Greentree
Partners, L.P. ("Greentree"), Greenhouse Partners, L.P. ("Greenhouse"),
Greenhut, L.L.C. ("Greenhut"), Greenbelt Corp. ("Greenbelt"), Greensea Offshore,
L.P. ("Greensea"), Greenhut Overseas, L.L.C. ("Greenhut Overseas"), Alfred D.
Kingsley ("Kingsley") and Gary K. Duberstein ("Duberstein"; the foregoing
persons being referred to collectively as the "Reporting Persons"). Capitalized
terms used herein and not defined herein have the meanings ascribed thereto in
the Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the date of this Amendment No. 18, the Reporting Persons beneficially
owned in the aggregate 5,216,348 Shares constituting 3.7% of the outstanding
Shares (the percentage of Shares owned being based upon 140,403,482 Shares
outstanding on June 1, 2002, as set forth in the Company's Quarterly Report on
Form 10-Q for the quarter ended May 4, 2002). The Reporting Persons may be
deemed to have direct beneficial ownership of Shares as follows:
Approximate
Number of Percentage of
Name Shares Outstanding Shares
---- --------- ------------------
Greenway 320,600 0.2%
Greentree 185,000 0.1%
Greenbelt 3,720,748 2.7%
Greensea 280,000 0.2%
Kingsley 685,000 0.5%
Duberstein 25,000 0.0%
Greenhouse, as the general partner of Greenway, may be deemed to own
beneficially (as that term is defined in Rule 13d-3 under the Securities
Exchange Act of 1934) Shares of which Greenway may be deemed to possess direct
beneficial ownership. Each of Kingsley and Duberstein, through their control of
Greenhouse, may be deemed to beneficially own Shares which Greenhouse may be
deemed to beneficially own. Each of Kingsley and Duberstein disclaims beneficial
ownership of such Shares for all other purposes.
Greenhut, as the general partner of Greentree, may be deemed to own beneficially
(as that term is defined in Rule 13d-3 under the Securities Exchange Act of
1934) Shares of which Greentree may be deemed to possess direct beneficial
ownership. Each of Kingsley and Duberstein, as members of Greenhut, may be
deemed to beneficially own Shares which Greenhut may be deemed to beneficially
own. Each of Kingsley and Duberstein disclaims beneficial ownership of such
Shares for all other purposes.
Greenhut Overseas, as the investment general partner of Greensea, may be deemed
to own beneficially (as that term is defined in Rule 13d-3 under the Securities
Exchange Act of 1934) Shares of which Greensea may be deemed to possess direct
11
beneficial ownership. Each of Kingsley and Duberstein, as members of Greenhut
Overseas, may be deemed to beneficially own Shares which Greenhut Overseas may
be deemed to beneficially own. Each of Kingsley and Duberstein disclaims
beneficial ownership of such Shares for all other purposes.
Greenbelt has direct beneficial ownership of the Shares in the accounts that it
manages. Each of Kingsley and Duberstein, as executive officers and directors of
Greenbelt, may be deemed to beneficially own Shares that Greenbelt beneficially
owns. Each of Kingsley and Duberstein hereby disclaims beneficial ownership of
such Shares for all other purposes.
(b) Greenway has the sole power to vote or direct the vote of 320,600 Shares and
the sole power to dispose or to direct the disposition of such Shares.
Greenhouse and Kingsley and Duberstein may be deemed to share with Greenway the
power to vote or to direct the vote and to dispose or to direct the disposition
of such Shares.
Greentree has the sole power to vote or direct the vote of 185,000 Shares and
the sole power to dispose or direct the disposition of such Shares. Greenhut,
Kingsley and Duberstein may be deemed to share with Greentree the power to vote
or to direct the vote and to dispose or to direct the disposition of such
Shares.
Greensea has the sole power to vote or direct the vote of 280,000 Shares and the
sole power to dispose or direct the disposition of such Shares. Greenhut
Overseas, Kingsley and Duberstein may be deemed to share with Greensea the power
to vote or to direct the vote and to dispose or to direct the disposition of
such Shares.
Greenbelt has the sole power to vote or direct the vote of 3,720,748 Shares and
the sole power to dispose or direct the disposition of such Shares. Kingsley and
Duberstein may be deemed to share with Greenbelt the power to vote or to direct
the vote and to dispose or to direct the disposition of such Shares.
Kingsley has the sole power to vote or direct the vote of 685,000 Shares and the
sole power to dispose or direct the disposition of such Shares.
Duberstein has the sole power to vote or direct the vote of 25,000 Shares and
the sole power to dispose or direct the disposition of such Shares.
(c) Information concerning transactions in the Shares by the Reporting Persons
since the most recent filing on Schedule 13D is set forth in Exhibit 28,
attached hereto, which is incorporated herein by reference.
(d) No other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, the Shares,
except the dividends from, or proceeds from the sale of Shares in each
respective account managed by Greenbelt will be delivered into each such
respective account, as the case may be. No such individual account has an
interest in more than five percent of the class of outstanding Shares.
(e) The Reporting Persons ceased to be the beneficial owners of more than five
percent of the Shares on August 29, 2002.
12
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following Exhibits are filed herewith:
28. Information concerning transactions in the Shares effected by the Reporting
Persons since the most recent filing on Schedule 13D.
[The remainder of this page intentionally left blank.]
13
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information contained in this Statement is true,
complete and correct.
Dated: August 29, 2002
GREENHOUSE PARTNERS, L.P. GREENSEA OFFSHORE, L.P.
By: /s/ Gary K. Duberstein
----------------------------------- By: Greenhut Overseas, L.L.C.
Gary K. Duberstein Investment General Partner
General Partner
By: /s/ Gary K. Duberstein
----------------------------
GREENHUT, L.L.C. Gary K. Duberstein
Member
By: /s/ Gary K. Duberstein
----------------------------------- GREENBELT CORP.
Gary K. Duberstein
Member By: /s/ Alfred D. Kingsley
--------------------------------
Alfred D. Kingsley
GREENHUT OVERSEAS, L.L.C. President
By: /s/ Gary K. Duberstein /s/ Alfred D. Kingsley
----------------------------------- --------------------------------
Gary K. Duberstein Alfred D. Kingsley
Member
/s/ Gary K. Duberstein
--------------------------------
GREENWAY PARTNERS, L.P. Gary K. Duberstein
By: Greenhouse Partners, L.P.
General Partner
By: /s/ Gary K. Duberstein
-------------------------------
Gary K. Duberstein
General Partner
GREENTREE PARTNERS, L.P.
By: Greenhut, L.L.C.
General Partner
By: /s/ Gary K. Duberstein
-------------------------------
Gary K. Duberstein
Member
14
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
- ----------- -----------
28. Information concerning transactions in the Shares effected
by the Reporting Persons since the most recent filing on
Schedule 13D.
15
Exhibit 28
TRANSACTIONS IN SHARES OF THE ISSUER
The Reporting Persons engaged in the following transactions in Shares of the
Company since the most recent filing on Schedule 13D. All such transactions
involved sales of Shares and were effected on The New York Stock Exchange,
except as otherwise noted.
Reporting Person With Price per Share (Excluding
Direct Beneficial Ownership Date of Transaction Number of Shares Commissions)
- ---------------------------- --------------------------- -------------------------- ----------------------------
Greenway 7/25/02 (11,100) $10.8173
Greenway 7/26/02 (10,600) $10.9104
Greenway 7/26/02 (50,000) $11.00
Greenbelt 8/1/02 (35,000) $9.9057
Greensea 8/1/02 (35,000) $9.9057
Greentree 8/1/02 (30,000) $9.9057
Greenbelt 8/2/02 (45,000) $9.425
Greensea 8/2/02 (50,000) $9.425
Greensea 8/2/02 (26,300) $9.443
Greentree 8/2/02 (146,500) $9.425
Greenway 8/2/02 (30,000) $9.425
Kingsley 8/2/02 (70,000) $9.425
Duberstein 8/5/02 (10,000) $9.2647
Greenbelt 8/5/02 (63,600) $9.2647
Greensea 8/5/02 (30,000) $9.2647
Greensea 8/5/02 (13,700) $9.10
Greentree 8/5/02 (30,000) $9.2647
Greenway 8/5/02 (50,000) $9.2647
Kingsley 8/5/02 (16,400) $9.2647
Greensea 8/6/02 (80,000) $9.74731
Kingsley 8/6/02 (20,000) $9.74731
Greenway 8/7/02 (25,000) $9.40
Greenbelt 8/13/02 (16,400) $9.75
Greenbelt 8/27/02 (52,800) $10.161
Duberstein 8/28/02 (5,000) $10.1572
Greenbelt 8/28/02 (100,000) $10.1572
Greenbelt 8/28/02 (37,700) $10.1495
Greenbelt 8/29/02 (15,900) $9.6414
Greenbelt 8/29/02 (2,273,600) N/A*
- -------------------------------
* Greenbelt relinquished voting and investment power over Shares.
16