-----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, F07XIVxt/FiJcpe6jdN6Nq9wJfXUIvK4oOYDeweeifASdN+68qCH+zo421KoJLnu R0BIeGGzf/96chm8tMCR6Q== 0001193125-05-191930.txt : 20050927 0001193125-05-191930.hdr.sgml : 20050927 20050927102155 ACCESSION NUMBER: 0001193125-05-191930 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050927 DATE AS OF CHANGE: 20050927 GROUP MEMBERS: ALFRED I. DUPONT TESTAMENTARY TRUST GROUP MEMBERS: HEBERT H. PEYTON GROUP MEMBERS: HUGH M. DURDEN GROUP MEMBERS: JOHN F. PORTER, III GROUP MEMBERS: JOHN S. LORD GROUP MEMBERS: W. T. THOMPSON, III GROUP MEMBERS: WINFRED L. THORNTON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLORIDA EAST COAST INDUSTRIES INC CENTRAL INDEX KEY: 0000740796 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 592349968 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36860 FILM NUMBER: 051104262 BUSINESS ADDRESS: STREET 1: ONE MALAGA STREET CITY: ST AUGUSTINE STATE: FL ZIP: 32084 BUSINESS PHONE: 9043966600 MAIL ADDRESS: STREET 1: ONE MALAGA STREET CITY: ST AUGUSTINE STATE: FL ZIP: 32084 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DUPONT ALFRED I TESTAMENTARY TRUST CENTRAL INDEX KEY: 0001051094 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1650 PRUDENTIAL DR STREET 2: SUITE 300 CITY: JACKSONVILLE STATE: FL ZIP: 32207 BUSINESS PHONE: 9048583121 MAIL ADDRESS: STREET 1: 1650 PRUDENTIAL DR STREET 2: SUITE 300 CITY: JACKSONVILLE STATE: FL ZIP: 32207 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 4 Schedule 13D Amendment No. 4

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

 

 

Florida East Coast Industries, Inc.

(Name of Issuer)

 

 

Common Stock, no par value

(Title of Class of Securities)

 

 

340632108

(CUSIP Number)

 

 

Hugh M. Durden

Alfred I. duPont Testamentary Trust

4600 Touchton Road, East

Building 200, Suite 500

Jacksonville, FL 32246

(904) 232-4148

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

September 20, 2005

(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 Rule 13d-1(e), Rule 13d-1(f), or Rule 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 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a recording 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 (“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).

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            Alfred I. duPont Testamentary Trust

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            Florida

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 -0-

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                -0-

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,522,830

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            OO

    

 

 

2

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            Winfred L. Thornton

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 4,842

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                4,842

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,527,672

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

3

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            Hugh M. Durden

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 -0-

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                -0-

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,522,830

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

4

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            John S. Lord

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 -0-

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                -0-

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,522,830

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

5

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            Herbert H. Peyton

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 -0-

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                -0-

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,522,830

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

6

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            John F. Porter, III

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 -0-

  8)    Shared Voting Power

 

                1,522,830

  9)    Sole Dispositive Power

 

                -0-

10)    Shared Dispositive Power

 

                1,522,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,522,830

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.7%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

7

  1)  

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

            W. T. Thompson, III

    
  2)  

Check the Appropriate Row if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

    
  3)  

SEC Use Only

 

    
  4)  

Source of Funds (See Instructions)

 

    
  5)  

Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

 

   ¨
  6)  

Citizenship or Place of Organization

 

            United States of America

    

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  

  7)    Sole Voting Power

 

                 950

  8)    Shared Voting Power

 

                1,557,830

  9)    Sole Dispositive Power

 

                950

10)    Shared Dispositive Power

 

                1,557,830

11)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,558,780

    
12)  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  

¨

 

13)  

Percent of Class Represented by Amount in Row (11)

 

            4.8%

    
14)  

Type of Reporting Person (See Instructions)

 

            IN

    

 

 

8

This Amendment No. 4 amends the Statement on Schedule 13D dated October 19, 2000, as amended, filed by the Reporting Persons relating to the Common Stock, no par value (“Common Stock”), of Florida East Coast Industries, Inc., a Florida corporation (the “Issuer”).

 

Items 2 and 5 are hereby amended and restated as set forth below.

 

Item 2. Identity and Background

 

This Amendment is filed on behalf of the Alfred I. duPont Testamentary Trust (the “Trust”), Hugh M. Durden, John S. Lord, Herbert H. Peyton, John F. Porter, III, William T. Thompson, III, and Winfred L. Thornton (collectively, the “Reporting Persons”).

 

The Trust’s business address is 4600 Touchton Road, East Building 200, Suite 500, Jacksonville, FL 32246. The Trust was established under the Last Will and Testament of Alfred I. duPont.

 

The Trustees of the Trust are Messrs. Durden, Lord, Peyton, Porter, Thompson and Thornton (collectively, the “Trustees”). By virtue of their status as trustees, the Trustees have the power to vote or direct the vote and the power to dispose or direct the disposition of the shares of the Issuer owned by the Trust.

 

During the past five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). In addition, during the past five years, none of the Reporting Persons have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws.

 

All of the individuals that are Reporting Persons are citizens of the United States of America.

 

Item 5. Interest in Securities of the Issuer

 

(a) As of the close of business on the date hereof, the Trust directly owned 1,522,830 shares of Common Stock, which represented 4.7% of the issued and outstanding shares of Common Stock. By virtue of their status as trustees, the Trustees may be deemed to have indirect beneficial ownership of Common Stock owned by the Trust. In addition, as of such date, Mr. Thornton beneficially owns 4,842 shares of Common Stock and Mr. Thompson beneficially owns 35,950 shares of Common Stock.

 

9

(b) By virtue of their status as trustees, the Trustees have the power to vote or direct the vote and the power to dispose or direct the disposition of the shares of Common Stock owned by the Trust.

 

Mr. Thornton has the sole power to vote or direct the vote and dispose or direct the disposition of the other shares of Common Stock he beneficially owns. Mr. Thompson has the sole power to vote or direct the vote and dispose or direct the disposition of 950 other shares of Common Stock he beneficially owns and the shared power to vote or direct the vote and dispose or direct the disposition of 35,000 other shares of Common Stock he beneficially owns.

 

10

(c) During 2005, the Trust has closed on the following transactions in the Issuer’s Common Stock:

 

Date of event or
transaction

   

Type of event or

transaction

   

Number of

shares

disposed of

     

Price per share and

aggregate price

    Number of
shares owned
after
transaction
5/10/05    Open market sale to third party    2,700     

$43.06 per share;

$116,160 in transaction

    3,083,230
5/13/05    Open market sale to third party    3,900     

$42.00 per share;

$163,675 in transaction

    3,079,330
5/16/05    Open market sale to third party    24,700     

$42.04 per share;

$1,037,446 in transaction

    3.054,630
5/17/05    Open market sale to third party    6,400     

$41.97 per share;

$268,360 in transaction

    3.048,230
5/18/05    Open market sale to third party    44,900     

$42.47 per share;

$1,905,378 in transaction

    3,003,330
5/19/05    Open market sale to third party    15,000     

$42.40 per share;

$635,450 in transaction

    2,988,330
5/20/05    Open market sale to third party    30,200     

$42.04 per share;

$1,268,456 in transaction

    2,958,130
5/23/05    Open market sale to third party    43,000     

$42.15 per share;

$1,811,050 in transaction

    2,915,130
5/24/05    Open market sale to third party    23,000     

$42.06 per share;

$966,585 in transaction

    2,892,130
5/25/05    Open market sale to third party    2,500     

$42.01 per share;

$104,940 in transaction

    2,889,630
5/26/05    Open market sale to third party    29,500     

$42.06 per share;

$1,239,591 in transaction

    2,860,130
5/27/05    Open market sale to third party    22,000     

$42.26 per share;

$929,008 in transaction

    2,838,130
5/31/05    Open market sale to third party    12,500     

$42.16 per share;

$526,529 in transaction

    2,825,630
6/01/05    Open market sale to third party    10,200     

$42.22 per share;

$430,272 in transaction

    2,815,430
6/02/05    Open market sale to third party    49,100     

$42.38 per share;

$2,079,111 in transaction

    2,766,330
6/03/05    Open market sale to third party    14,900     

$42.27 per share;

$629,223 in transaction

    2,751,430
6/06/05    Open market sale to third party    4,600     

$42.38 per share;

$194,784 in transaction

    2,746,830
6/07/05    Open market sale to third party    12,000     

$42.41 per share;

$508,508 in transaction

    2,734,830
6/10/05    Open market sale to third party    3,100     

$42.02 per share;

$130,158 in transaction

    2,731,730

 

11

Date of event or
transaction

   

Type of event or

transaction

    Number of
shares
disposed of
     

Price per share and

aggregate price

    Number of
shares owned
after
transaction
6/13/05    Open market sale to third party    50,400     

$42.09 per share;

$2,119,383 in transaction

    2,681,330
6/14/05    Open market sale to third party    14,500     

$42.25 per share;

$612,163 in transaction

    2,666,830
6/15/05    Open market sale to third party    26,200     

$42.25 per share;

$1,106,107 in transaction

    2,640,630
6/16/05    Open market sale to third party    25,000     

$42.25 per share;

$1,055,331 in transaction

    2,615,630
6/17/05    Open market sale to third party    53,200     

$42.41 per share;

$2,254,442 in transaction

    2,562,430
6/20/05    Open market sale to third party    100     

$42.60 per share;

$4,256 in transaction

    2,562,330
6/21/05    Open market sale to third party    50,000     

$42.68 per share;

$2,132,261 in transaction

    2,512,330
6/22/05    Open market sale to third party    75,000     

$43.02 per share;

$3,223,770 in transaction

    2,437,330
6/23/05    Open market sale to third party    50,000     

$43.43 per share;

$2,169,584 in transaction

    2,387,330
6/24/05    Open market sale to third party    110,000     

$43.50 per share;

$4,780,950 in transaction

    2,277,330
6/27/05    Open market sale to third party    18,200     

$43.50 per share;

$791,048 in transaction

    2,259,130
6/28/05    Open market sale to third party    49,300     

$43.76 per share;

$2,155,626 in transaction

    2,209,830
6/29/05    Open market sale to third party    7,700     

$44.05 per share;

$338,901 in transaction

    2,202,130
7/05/05    Open market sale to third party    59,200     

$44.31 per share;

$2,620,929 in transaction

    2,142,930
7/06/05    Open market sale to third party    18,200     

$44.77 per share;

$814,163 in transaction

    2,124,730
7/08/05    Open market sale to third party    38,800     

$44.58 per share;

$1,728,444 in transaction

    2,085,930
7/20/05    Open market sale to third party    55,400     

$44.71 per share;

$2,475,157 in transaction

    2,030,530
7/22/05    Open market sale to third party    84,000     

$45 per share;

$3,776,902 in transaction

    1,946,530
7/25/05    Open market sale to third party    100     

$45.25 per share;

$4,521 in transaction

    1,946,430

 

12

Date of event or
transaction

   

Type of event or

transaction

    Number of
shares
disposed of
     

Price per share and

aggregate price

    Number of
shares owned
after
transaction
7/26/05    Open market sale to third party    10,000     

$45.25 per share;

$452,132 in transaction

    1,936,430
7/27/05    Open market sale to third party    78,900     

$45.41 per share;

$3,580,230 in transaction

    1,857,530
7/28/05    Open market sale to third party    42,300     

$47.72 per share;

$2,016,826 in transaction

    1,815,230
7/29/05    Open market sale to third party    31,200     

$47.15 per share;

$1,469,873 in transaction

    1,784,030
8/01/05    Open market sale to third party    25,800     

$47.03 per share;

$1,212,495 in transaction

    1,758,230
8/02/05    Open market sale to third party    10,700     

$47 per share;

$502,505 in transaction

    1,747,530
8/04/05    Open market sale to third party    15,800     

$45.52 per share;

$718,608 in transaction

    1,731,730
8/05/05    Open market sale to third party    400     

$45.56 per share;

$18,209 in transaction

    1,731,330
8/08/05    Open market sale to third party    700     

$45.25 per share;

$31,650 in transaction

    1,730,630
9/06/05    Open market sale to third party    2,300     

$44 per share;

$101,115 in transaction

    1,728,330
9/19/05    Open market sale to third party    800     

$42.04 per share;

$33,599 in transaction

    1,727,530
9/20/05    Open market sale to third party    204,700     

$42 per share;

$8,597,400 in transaction

    1,522,830

 

(e) On September 20, 2005, the Reporting Persons ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer.

 

13

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.

 

    Alfred I. duPont Testamentary Trust

September 27, 2005

  

/s/ Hugh M. Durden

   

Hugh M. Durden

   

Chairman

 

14

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.

 

September 27, 2005  

/s/ Hugh M. Durden

    Hugh M. Durden

 

15

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.

 

September 27, 2005  

/s/ John S. Lord

    John S. Lord

 

16

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.

 

September 27, 2005  

/s/ Herbert H. Peyton

    Herbert H. Peyton

 

17

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.

 

September 27, 2005  

/s/ John F. Porter, III

    John F. Porter, III

 

18

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.

 

September 27, 2005  

/s/ William T. Thompson, III

    William T. Thompson, III

 

19

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.

 

September 27, 2005  

/s/ Winfred L. Thornton

    Winfred L. Thornton

 

20

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