-----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, TtpRn7aYqsXa41URUMPx1EXm3m/WDOiW8QymqLkUSmBRat0gMDIGh8PXiluynwAB R8KBCsB6iYTd3XweZoMiCQ== 0000909518-98-000168.txt : 19980309 0000909518-98-000168.hdr.sgml : 19980309 ACCESSION NUMBER: 0000909518-98-000168 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980306 SROS: NYSE GROUP MEMBERS: HARRY AND HANNAH WEXNER TRUST GROUP MEMBERS: HARRY, HANNAH AND DAVID WEXNER TRUST GROUP MEMBERS: HEALTH AND SCIENCE INTERESTS GROUP MEMBERS: HEALTH AND SCIENCE INTERESTS II GROUP MEMBERS: THE WEXNER CHILDREN'S TRUST GROUP MEMBERS: THE WEXNER FOUNDATION GROUP MEMBERS: WEXNER LESLIE H SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LIMITED INC CENTRAL INDEX KEY: 0000701985 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 311029810 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-33912 FILM NUMBER: 98559648 BUSINESS ADDRESS: STREET 1: TWO LIMITED PKWY STREET 2: P O BOX 16000 CITY: COLUMBUS STATE: OH ZIP: 43230 BUSINESS PHONE: 6144797000 MAIL ADDRESS: STREET 1: TWO LIMITED PARKWAY STREET 2: P.O. BOX 16000 CITY: COLUMBUS STATE: OH ZIP: 43230 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXNER LESLIE H CENTRAL INDEX KEY: 0000901359 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 41 SOUTH HIGH STREET STREET 2: SUITE 3700 CITY: COLUMBUS STATE: OH ZIP: 43215 BUSINESS PHONE: 6144641535 SC 13D/A 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 17 TO SCHEDULE 13D ------------------ Under the Securities Exchange Act of 1934 THE LIMITED, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.50 PAR VALUE 532716-107 - --------------------------------- --------------------- (Title of class of securities) (CUSIP number) DENNIS J. BLOCK, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 (212) 310-8000 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) MARCH 2, 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(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) ================================================================================ - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 2 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Leslie H. Wexner S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 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: 56,215,300 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 6,091,117 OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 56,215,300 REPORTING ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 6,091,117 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 62,306,417 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [X] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 22.9 % - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 3 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: The Wexner Foundation S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 1,407,717 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 1,407,717 REPORTING ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,407,717 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.5% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 4 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Health and Science Interests S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 2,000,000 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 2,000,000 REPORTING -------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,000,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 5 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Health and Science Interests II S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 350,000 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 350,000 REPORTING ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 350,000 - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 6 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: The Wexner Children's Trust S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 18,750,000 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 18,750,000 REPORTING ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 18,750,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 6.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 7 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Harry and Hannah Wexner Trust S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 144,600 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 144,600 REPORTING -------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 144,600 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 532716-107 13D-PAGE 8 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Harry, Hannah and David Wexner Trust S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 2,188,800 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 2,188,800 REPORTING -------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,188,800 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 17 relates to the Schedule 13D dated June 25, 1985, as amended in certain respects by Amendments No. 1 through 16 thereto, filed by a group currently comprised of Leslie H. Wexner, The Wexner Foundation, Health and Science Interests, Health and Science Interests II, The Wexner Children's Trust, the Harry and Hannah Wexner Trust and the Harry, Hannah and David Wexner Trust (collectively, the "Purchasers"). Item 2. Identity and Background. ----------------------- On January 31, 1997, Leslie H. Wexner contributed 3,989,400 shares of Common Stock to the Harry, Hannah and David Wexner Trust. The trustees of such trust are Mr. Wexner and Jeffrey E. Epstein. Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) As of March 5, 1998, the Purchasers beneficially owned the following shares of the Common Stock (the approximate percentages of the shares of Common Stock owned as indicated in parenthesis below are based on the 272,491,148 shares reported as outstanding in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 1, 1997): 1. Leslie H. Wexner 62,306,417(1)(2)(3)(4)(5)(6) 22.9% 2. The Wexner Foundation 1,407,717(1) 0.5% 3. Health and Science Interests 2,000,000(2) 0.7% 4. Health and Science Interests II 350,000(2) 0.1% 5. The Wexner Children's Trust 18,750,000(4) 6.9% 6. Harry and Hannah Wexner Trust 144,600(5) 0.1% 7. Harry, Hannah and David Wexner Trust 2,188,800(6) 0.8% 9 - ------------------------------ (1) Power to vote or direct the disposition of the 1,407,717 shares held by The Wexner Foundation may be deemed to be shared by Leslie H. Wexner and Jeffrey E. Epstein as the trustees of The Wexner Foundation. Leslie H. Wexner and Jeffrey E. Epstein disclaim beneficial ownership of the shares held by The Wexner Foundation. (2) Power to vote or direct the disposition of the 2,350,000 shares held in the aggregate by Health and Science Interests and Health and Science Interests II may be deemed to be shared by Leslie H. Wexner as grantor and Jeffrey E. Epstein as trustee thereof. Leslie H. Wexner and Jeffrey E. Epstein disclaim beneficial ownership of shares held by Health and Science Interests and Health and Science Interests II. (3) Includes 530,490 shares held in The Limited, Inc. Savings and Retirement Plan for Mr. Wexner's account and 175,000 shares issuable upon exercise of options held by Mr. Wexner. Excludes 389 shares held directly by Mr. Wexner's spouse and 200,000 shares held in a trust of which Mr. Wexner's spouse is a beneficiary, as to which Mr. Wexner disclaims beneficial ownership. (4) Power to vote or direct the disposition of the 18,750,000 shares held by Leslie H. Wexner as the sole trustee of The Wexner Children's Trust. (5) Power to vote or direct the disposition of the 144,600 shares held by the Harry and Hannah Wexner Trust may be deemed to be shared by Leslie H. Wexner and Jeffrey E. Epstein as trustees of such trust. (6) Power to vote or direct the disposition of the 2,188,800 shares held by the Harry, Hannah and David Wexner Trust may be deemed to be shared by Leslie H. Wexner and Jeffrey E. Epstein as trustees of such trust. (b) The responses of the Purchasers to Item 7 through 11 of the portions of the cover pages of this Amendment No. 17 to the Schedule 13D which relate to the beneficial ownership of shares of the Common Stock are incorporated herein by reference. 10 (c) During the past sixty days, the Purchasers effected the following transactions in the Common Stock:
Date of Amount of Price per Where and Person Transaction Securities Share How Effected - ------ ----------- ---------- -------- ------------ Leslie H. Wexner 2/1/98 8,456 N/A Vesting of shares Issuer's restricted stock grant " 2/13/98 16,262 N/A Vesting of shares Issuer's restricted stock grant " 2/25/98 2,500,000 N/A Contribution to shares The Wexner Children's Trust II The Wexner 3/2/98 2,000,000 $29.125 NYSE (sale) Children's Trust shares II " 3/5/98 500,000 $29.00 NYSE (sale) shares Harry and Hannah 3/5/98 1,500,000 $29.00 NYSE (sale) Wexner Trust shares Harry, Hannah and 3/5/98 500,000 $29.00 NYSE (sale) David Wexner shares Trust
(d), (e): Not Applicable 11 SIGNATURE 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. Dated: March 5, 1998 /s/ Leslie H. Wexner ------------------------------------ Leslie H. Wexner THE WEXNER FOUNDATION By: /s/ Darren K. Indyke ----------------------------------- Darren K. Indyke, Secretary HEALTH AND SCIENCE INTERESTS By: /s/ Jeffrey E. Epstein ----------------------------------- Jeffrey E. Epstein, Trustee HEALTH AND SCIENCE INTERESTS II By: /s/ Jeffrey E. Epstein ----------------------------------- Jeffrey E. Epstein, Trustee THE WEXNER CHILDREN'S TRUST By: /s/ Leslie H. Wexner ----------------------------------- Leslie H. Wexner, Trustee HARRY AND HANNAH WEXNER TRUST By: /s/ Jeffrey E. Epstein ----------------------------------- Jeffrey E. Epstein, Trustee 12 HARRY, HANNAH AND DAVID WEXNER TRUST By: /s/ Jeffrey E. Epstein ---------------------------------- Jeffrey E. Epstein, Trustee 13 NYFS01...:\08\80808\0004\139\SCH2117J.37A -----END PRIVACY-ENHANCED MESSAGE-----