-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Puj7eLly5llpvHcbcm2RLZCJATlW7ZEsSyD60FROsful2KBq7nsQTBMv3BimLCLK IdePKfrEwaOVqM+EH2x5nw== 0001047469-98-002873.txt : 19980203 0001047469-98-002873.hdr.sgml : 19980203 ACCESSION NUMBER: 0001047469-98-002873 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980202 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FOOTSTAR INC CENTRAL INDEX KEY: 0001011308 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-SHOE STORES [5661] IRS NUMBER: 223439443 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-48891 FILM NUMBER: 98518954 BUSINESS ADDRESS: STREET 1: 933 MACARTHUR BLVD CITY: MAHWAY STATE: NJ ZIP: 07430 BUSINESS PHONE: 2019342000 MAIL ADDRESS: STREET 1: 933 MACARTHUR BOULEVARD CITY: MAHWAH STATE: NJ ZIP: 07430 FORMER COMPANY: FORMER CONFORMED NAME: FOOTWEAR GROUP INC DATE OF NAME CHANGE: 19960327 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SASCO CAPITAL INC / CT/ CENTRAL INDEX KEY: 0000788714 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 061149365 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 10 SASCO HILL RD CITY: FAIRFIELD STATE: CT ZIP: 06430 BUSINESS PHONE: 2032546817 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Footstar, Inc. ------------------------------------------- (Name of Issuer) Common Stock, Par Value $0.01 Per Share ------------------------------------------- (Title of Class of Securities) 344912100 ------------------------------------------- (CUSIP Number) *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 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). (Continued on following pages (s)) Page 1 of 4 Pages CUSIP No. 344912100 13G Page 2 of 4 Pages (1) Names of Reporting Persons, S.S. or I.R.S. Identifications Nos. of Above Persons Sasco Capital, Inc. - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group* (a) / / (b) / X / - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization Fairfield, Connecticut - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially Owned by 1,645,779 Each Reporting ----------------------------------------------------------- Person With (6) Shared Voting Power None ----------------------------------------------------------- (7) Sole Dispositive Power 2,762,185 ----------------------------------------------------------- (8) Shared Dispositive Power None - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,762,185 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 9.8% - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IA Page 3 of 4 Pages Item 1(a) Name of Issuer: The issuer of the securities to which this statement relates is Footstar, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 933 MacArthur Boulevard Mahwah, NJ 07430 Item 2(a) Name of Person Filing: Sasco Capital, Incorporated Item 2(b) Address of Principal Business Office: 10 Sasco Hill Road Fairfield, CT 06430 Item 2(c) Citizenship: Sasco Capital, Incorporated is a Connecticut corporation whose office is at Fairfield, Connecticut. Item 2(d) Title of Class of Securities: Common stock, par value $0.01 per share. Item 2(e) CUSIP Number: 344912100 Item 3 This statement is filed pursuant to Rule 13d-1(b) and the person filing is: Daniel L. Leary, Secretary, for Sasco Capital, Inc. Item 4 Ownership. The 2,762,185 acquired by Sasco Capital, Inc. constitute 9.8% of the outstanding shares of Footstar, Inc. Sasco Capital, Inc. has beneficial ownership to direct the disposition of only these 2,762,185 and has the sole power to vote 1,645,779 shares. Sasco Capital, Inc. has no shared powers with regards to any other shares of Footstar, Inc. Page 4 of 4 Pages Item 5 Ownership of 5% or less of a Class Not applicable. Item 6 Ownership of More than 5% on Behalf of Another Person. Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired Security Being Reported on by the Parent Holding Company. Not applicable. Item 8 Identification and Classification of Members of the Group. Not applicable. Item 9 Notice of Dissolution of Group. Item 10 Certification. By signing below, I, Daniel L. Leary Secretary of Sasco Capital, Inc., certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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. /s/ Daniel L. Leary ---------------------------- Daniel L. Leary Secretary January 30, 1998 -----END PRIVACY-ENHANCED MESSAGE-----