-----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, CWT80pqDyFlRQKGMdhqx+w73Q6IFUk0j437mjYveDrDvf2a3RVy/A1c5V8QK9sHl dmRS6JtrjS5HRI04ld/j9w== 0000950131-99-001697.txt : 19990325 0000950131-99-001697.hdr.sgml : 19990325 ACCESSION NUMBER: 0000950131-99-001697 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990324 GROUP MEMBERS: TRINITY UNIVERSAL INSURANCE COMPANY GROUP MEMBERS: UNITRIN INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BAKER HUGHES INC CENTRAL INDEX KEY: 0000808362 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 760207995 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-38439 FILM NUMBER: 99571785 BUSINESS ADDRESS: STREET 1: 3900 ESSEX LANE CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7134398600 MAIL ADDRESS: STREET 1: P O BOX 4740 CITY: HOUSTON STATE: TX ZIP: 77210-4740 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UNITRIN INC CENTRAL INDEX KEY: 0000860748 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 954255452 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE EAST WACKER DR CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3126614600 MAIL ADDRESS: STREET 1: ONE EAST WACKER DR CITY: CHICAGO STATE: IL ZIP: 60601 SC 13D/A 1 AMENDMENT #2 TO SCHEDULE 13D ------------------------------- / OMB APPROVAL / ------------------------------- / OMB Number: 3235-0145/ / Expires: December 31, 1997/ / Estimated average burden / / hours per response.... 14.90/ ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* Baker Hughes Incorporated - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 057224107 - -------------------------------------------------------------------------------- (CUSIP Number) Scott Renwick One East Wacker Drive (312) 661-4520 Chicago, Illinois 60601 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 22, 1999 - -------------------------------------------------------------------------------- (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 (S)(S)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. See (S)240.13d-7(b) for other parties to whom copies are to be sent. * 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 ("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). Page 1 of 7 SCHEDULE 13D ----------------------- --------------------- CUSIP NO. 057224107 PAGE 2 OF 7 PAGES ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Unitrin, Inc. 95-4255452 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) _____ (b) _____ - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 See Item 3. - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 13,163,149 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 17,472,295 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 13,163,149 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 17,472,295 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 30,635,444 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 9.4% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 HC, CO - ------------------------------------------------------------------------------ SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 057224107 PAGE 3 OF 7 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Trinity Universal Insurance Company 75-0620550 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) _____ (b) _____ - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS (See Instructions) 4 See Item 3. - ------------------------------------------------------------------------------ CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Texas - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 17,472,295 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 17,472,295 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 17,472,295 - ------------------------------------------------------------------------------ CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12 (See Instructions) - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 5.3% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (See Instructions) 14 IC, CO - ------------------------------------------------------------------------------ CUSIP No. 057224107 Page 4 of 7 Pages Amendment No. 2 to Schedule 13D The information reported previously in Unitrin's Schedule 13D, dated August 10, 1998, as amended by Amendment No. 1 thereto, dated October 19, 1998 (the "1998 13D") is supplemented with the following information. Capitalized terms used below and not otherwise defined have the meanings given to such terms in the 1998 13D. Item 4. Purpose of Transaction The filing persons have no plans or proposals which relate to items 4(b) through 4(j) of Schedule 13D. The filing persons presently intend to sell an indeterminate number of shares of Baker Hughes common stock in market transactions, subject to market conditions and other factors. Future investment considerations by the filing persons might or might not result in the acquisition of additional securities of Baker Hughes. Item 5. Interest in Securities of the Issuer Unitrin reported in the 1998 13D that it had sole voting and dispositive power with respect to 14,717,667 shares of Baker Hughes common stock and shared voting and dispositive power with respect to 19,458,295 shares of Baker Hughes held by Unitrin's wholly-owned subsidiary, Trinity Universal Insurance Company ("Trinity"), resulting in total beneficial ownership, direct and indirect, of 34,175,962 shares. During the period beginning on March 16, 1999 and ending on March 22, 1999, Unitrin and Trinity conducted a series of open market sales of Baker Hughes common stock in unsolicited brokerage transactions and otherwise in accordance with Rule 144 of the Securities and Exchange Commission. The average sale price for these transactions was approximately $22.86. As a result of these transactions, Unitrin now has sole voting and dispositive power with respect to 13,163,149 shares of Baker Hughes common stock and shared voting and dispositive power with respect to 17,472,295 of such shares held by Trinity. Accordingly, Unitrin's total beneficial ownership, direct and indirect, of Baker Hughes common stock is 30,635,444 shares as of March 22, 1999. CUSIP No. 057224107 Page 5 of 7 Pages Item 7. Material to be Filed as Exhibits The following documents are attached as exhibits to this Schedule 13D: Exhibit A Unitrin, Inc. Directors and Officers Exhibit B Trinity Universal Insurance Company Directors and Officers 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. DATE: March 24, 1999 UNITRIN, INC. By: /s/ Scott Renwick ------------------------------- Scott Renwick Secretary CUSIP No. 057224107 Page 6 of 7 Pages Exhibit A UNITRIN, INC.
- -------------------------------------------------------------------------------------------- NAME BUSINESS POSITION WITH UNITRIN (All are U.S. Citizens) ADDRESS (Principal Occupation, if different, presented in footnotes) - -------------------------------------------------------------------------------------------- James E. Annable (2) Director - -------------------------------------------------------------------------------------------- David F. Bengston (9) (1) Vice President - -------------------------------------------------------------------------------------------- James W. Burkett (9) (8) Vice President - -------------------------------------------------------------------------------------------- Eric J. Draut (9) (1) Senior Vice President, Treasurer & Chief Financial Officer - -------------------------------------------------------------------------------------------- Reuben L. Hedlund (3) Director - -------------------------------------------------------------------------------------------- Jerrold V. Jerome (9) (1) Director - -------------------------------------------------------------------------------------------- William E. Johnston, Jr. (4) Director - -------------------------------------------------------------------------------------------- Thomas H. Maloney (1) Vice President - -------------------------------------------------------------------------------------------- Scott Renwick (9) (1) General Counsel & Secretary - -------------------------------------------------------------------------------------------- George A. Roberts (5) Director - -------------------------------------------------------------------------------------------- Fayez S. Sarofim (6) Director - -------------------------------------------------------------------------------------------- Henry E. Singleton (7) Director - -------------------------------------------------------------------------------------------- Donald G. Southwell (1) Senior Vice President - -------------------------------------------------------------------------------------------- Richard C. Vie (9) (1) Chairman, President & Chief Executive Officer - --------------------------------------------------------------------------------------------
(1) One East Wacker Drive, Chicago, Illinois 60601. (2) Mr. Annable is Senior Vice President of BankOne Corporation, One First National Plaza, Suite 0476, Chicago, Illinois 60670. (3) Mr. Hedlund is an attorney and partner with the law firm of Hedlund, Hanley & John, Sears Tower, Suite 5700, Chicago, Illinois 60606. (4) Mr. Johnston is President and Chief Operating Officer and a director of Morton International, Inc., 100 North Riverside Plaza, Chicago, Illinois 60606. (5) Dr. Roberts is a retired executive. 10000 North Central Expressway, Dallas, Texas 75231. (6) Mr. Sarofim is the Chairman of the Board and President of Fayez Sarofim & Co., a registered investment advisor, Two Houston Center, Suite 2907, Houston, Texas 77010. (7) Dr. Singleton is a rancher and investor. 334 N. Maple Drive, Suite 177, Beverly Hills, California 90210. (8) Mr. Burkett is Chairman of the Board of Trinity Universal Insurance Company, 10000 North Central Expressway, Dallas, Texas 75231. (9) See also, Exhibit B filed herewith. March 24, 1999 CUSIP No. 057224107 Page 7 of 7 Pages Exhibit B TRINITY UNIVERAL INSURANCE COMPANY
NAME BUSINESS POSITION WITH TRINITY (All are U.S. Citizens) ADDRESS (Principal Occupation, if different, presented in footnotes) - -------------------------------------------------------------------------------------------- David F. Bengston (3) (1) Director - -------------------------------------------------------------------------------------------- Robert F. Buehler (2) Vice President & Treasurer - -------------------------------------------------------------------------------------------- James W. Burkett (3) (2) Chairman of the Board - -------------------------------------------------------------------------------------------- Roger M. Buss (2) Vice President - -------------------------------------------------------------------------------------------- Donald C. Crutchfield (2) Vice President - -------------------------------------------------------------------------------------------- Eric J. Draut (3) (1) Director - -------------------------------------------------------------------------------------------- David B. Durham (2) Vice President - -------------------------------------------------------------------------------------------- Judith E. Fagan (2) Director, Senior Vice President & Corporate Secretary - -------------------------------------------------------------------------------------------- Dennis O. Halsey (2) Senior Vice President - -------------------------------------------------------------------------------------------- Dorothy A. Langley (2) Vice President & Corporate Counsel - -------------------------------------------------------------------------------------------- James R. McLane (2) Director, President - -------------------------------------------------------------------------------------------- Scott Renwick (3) Director - -------------------------------------------------------------------------------------------- Richard C. Vie (3) (1) Director - --------------------------------------------------------------------------------------------
(1) One East Wacker Drive, Chicago, Illinois 60601. (2) Trinity Universal Insurance Company, 10000 North Central Expressway, Dallas, Texas 75231. (3) See also, Exhibit A filed herewith. March 24, 1999 -----END PRIVACY-ENHANCED MESSAGE-----