-----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, NB9nKj3Cksulvt9x3qQ9JRFwqoMaFPRJF85bs2bMKrdHPLspXm+o7UpqDRpTyW7P cDsAgQJFrnz4C/QgmEbotQ== 0000929638-02-000002.txt : 20020413 0000929638-02-000002.hdr.sgml : 20020413 ACCESSION NUMBER: 0000929638-02-000002 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020108 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WATTS INDUSTRIES INC CENTRAL INDEX KEY: 0000795403 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 042916536 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38025 FILM NUMBER: 2504196 BUSINESS ADDRESS: STREET 1: 815 CHESTNUT ST CITY: NORTH ANDOVER STATE: MA ZIP: 01845 BUSINESS PHONE: 9786881811 MAIL ADDRESS: STREET 1: 815 CHESTNUT STREET STREET 2: 815 CHESTNUT STREET CITY: NORTH ANDOVER STATE: MA ZIP: 01845 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HORNE FREDERIC B CENTRAL INDEX KEY: 0000897654 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O WATTS INDUSTRIES INC STREET 2: 815 CHESTNUT STREET CITY: NO ANDOVER STATE: MA ZIP: 01845 BUSINESS PHONE: 5086881811 MAIL ADDRESS: STREET 1: C/O WATTS INDUSTRIES INC STREET 2: 815 CHESTNUT STREET CITY: NORTH ANDOVER STATE: MA ZIP: 01845 SC 13D/A 1 horne8jan02.txt SCHEDULE 13D, AMENDMENT NO. 12 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1 (a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 12)1 Watts Industries, Inc. (Name of Issuer) Class A Common Stock, $0.10 par value per share (Title of Class of Securities) 942749 10 2 (CUSIP number) Frederic B. Horne c/o Conifer Ledges, Ltd., 219 Liberty Square, Danvers, MA 01923-4302 (Name, Address and Telephone number of Person Authorized to Receive Notices and Communications) January 3, 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 Rule 13d-1(e), 13d-1(f) or 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. (Continued on following pages) (Page 1 of 6 Pages) - ----------------- 1 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 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 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). CUSIP NO. 13D Page 2 of 6 942749 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Frederic B. Horne 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3 SEC USE ONLY 4 SOURCE OF FUNDS* Not Applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION The United States of America 7 SOLE VOTING POWER 1,229,873 NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH: 1,229,873 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,229,873 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ X ] CUSIP NO. 13D Page 3 of 6 942749 10 2 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.64% See Note 1. 14 TYPE OF REPORTING PERSON* IN * SEE INSTRUCTIONS BEFORE FILLING OUT! Frederic B. Horne hereby amends and supplements his originally filed Statement on Schedule 13D dated November 8, 1991 (the "Original Statement"), as amended by Amendment No. 1 to his Statement on Schedule 13D filed September 10, 1997 (the "First Amended Statement"), Amendment No. 2 to his Statement on Schedule 13D dated November 3, 1997, Amendment No. 3 to his Statement on Schedule 13D dated February 5, 1998, Amendment No. 4 to his Statement on Schedule 13D dated May 1, 1998, Amendment No. 5 to his Statement on Schedule 13D dated October 5, 1998, Amendment No. 6 to his Statement on Schedule 13D dated November 17, 1998, Amendment No. 7 to his Statement on Schedule 13D dated July 26, 1999, Amendment No. 8 to his Statement on Schedule 13D dated September 17, 1999, Amendment No. 9 to his Statement on Schedule 13D dated October 5, 1999, Amendment No. 10 to his Statement on Schedule 13D dated May 30, 2000, and Amendment No. 11 to this statement on Schedule 13D dated April 16, 2001 with respect to the Class A Common Stock, par value $0.10 per share (the "Common Stock") of Watts Industries, Inc. (the "Company"). Unless otherwise indicated, capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Original Statement. References herein to "Mr. Horne" shall be deemed to be references to Frederic B. Horne, the reporting person. ITEM 2. IDENTITY AND BACKGROUND. (a) Name Frederic B . Horne (b) Residence or Business Address 219 Liberty Square Danvers, MA 01923-4302 (c) Principal Occupation; Name and Address of Principal Business Office Independent Investor 219 Liberty Square Danvers, MA 01923-4302 (d) Past Criminal Convictions CUSIP NO. 13D Page 4 of 6 942749 10 2 None (e) Past Civil Proceedings or Administrative Proceedings Related to Federal or State Securities Laws Resulting in a Judgment, Decree or Final Order Finding Violations or Enjoining Future Violations of Such Laws None (f) Citizenship The United States of America ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Not applicable. ITEM 4. PURPOSE OF TRANSACTION. Frederic B. Horne intends continuously to review his investment in the Company and may from time to time acquire or dispose of shares of Class A Common Stock, depending on various factors, including but not limited to general economic conditions, monetary and stock market conditions and future developments affecting Mr. Horne or the Company. ITEM 5. INTEREST IN SECURITIES OF ISSUER. (a) Amount Beneficially Owned: Frederic B. Horne is deemed the beneficial owner of 1,229,873 shares of Class A Common Stock of the Company. Mr. Horne's beneficial ownership consists of (i) 1,196,273 shares of Class A Common Stock of the Company beneficially owned by Mr. Horne, individually, (ii) 22,600 shares of Class A Common Stock beneficially owned by an irrevocable trust for the benefit of Kristina M. Horne for which Mr. Horne serves as trustee, and (iii) 11,000 shares of Class A Common Stock beneficially owned by Mr. Horne as custodian for Kristina M. Horne under the Massachusetts Uniform Gifts to Minors Act. Percent of Class: 4.64 % See Note 1. (b) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 1,229,873 CUSIP NO. 13D Page 5 of 6 942749 10 2 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 1,229,873 (iv) Shared power to dispose or direct the disposition of: 0 (c) Mr. Horne engaged in the following transactions in the last sixty days: Mr. Horne sold a total of 121,400 shares of Class A Common Stock in the open market as follows: Number of Shares Date Price 2500 11-5-01 14.1024 800 11-5-01 14.05 4000 11-9-01 13.26-13.40 7000 11-12-01 14.09-14.20 5000 11-13-01 13.34-13.57 7100 11-14-01 13.70-14.23 2500 11-14-01 14.25 2500 11-15-01 14.20 300 11-29-01 14.10 4700 12-6-01 14.133 2000 12-11-01 13.90 8000 12-12-01 13.90 18,900 12-18-01 15.2146 3400 12-26-01 15.0118 8,000 12-27-01 15.2813 2700 12-27-01 15.1526 2000 12-28-01 15.236 30,000 1-3-02 16.0001 10,000 1-3-02 16.0001 (d) Not applicable (e) Not applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. * * * This statement speaks as of its date, and no inference should be drawn that no change has occurred in the facts set forth herein after the date hereof. Note 1: The percentages above have been determined as of the date hereof, based on information from the Company's Form 10-Q filed on November 13, 2001 CUSIP NO. 13D Page 6 of 6 942749 10 2 (the "10-Q"). According to the 10-Q, as of October 31, 2001, there were outstanding and entitled to vote 26,515,928 shares of Common Stock consisting of 17,780,704 shares of Class A Common Stock and 8,735,224 shares of Class B Common Stock. Each share of Class B Common Stock is convertible into one share of Class A Common Stock. 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. January 7, 2002 Date /s/ Frederic B. Horne - ---------------------- Frederic B. Horne -----END PRIVACY-ENHANCED MESSAGE-----