-----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, DiSzgGo3/zzmcT2ijVu0CER9K6GNFvZKwlzJj9R3jzm7rX7I34zeKxQPFuw9pftq dzH/OwQkernh9H8LQEE5/g== 0000950142-00-001035.txt : 20001228 0000950142-00-001035.hdr.sgml : 20001228 ACCESSION NUMBER: 0000950142-00-001035 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001227 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FACTORY 2 U STORES INC CENTRAL INDEX KEY: 0000813775 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 510299573 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-39314 FILM NUMBER: 796125 BUSINESS ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLR CITY: SAN DIEGO STATE: CA ZIP: 92123-1866 MAIL ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLOOR CITY: SAN DIEG STATE: CA ZIP: 92123-1866 FORMER COMPANY: FORMER CONFORMED NAME: FAMILY BARGAIN CORP DATE OF NAME CHANGE: 19940202 FORMER COMPANY: FORMER CONFORMED NAME: DRS INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LONGWOOD GROUP LTD DATE OF NAME CHANGE: 19920527 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: QUILVEST AMERICAN EQUITY LTD/THREE CITIES HOLDINGS LTD CENTRAL INDEX KEY: 0000905310 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1285 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: 1285 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: TERIBE LTD/THREE CITIES HOLDINGS LTD DATE OF NAME CHANGE: 19930518 SC 13D/A 1 0001.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 * (AMENDMENT NO. 1)* FACTORY 2-U STORES, INC. ------------------------ (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE --------------------------------------- (Title of Class of Securities) 306889403 --------- (CUSIP Number) RICHARD S. BORISOFF, ESQ. PAUL, WEISS, RIFKIND, WHARTON & GARRISON 1285 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10019-6064 (212) 373-3000 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) NOVEMBER 14, 2000 ----------------- (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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. Note: Schedules filed in paper formal shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-1(a) 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 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). 2 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON QUILVEST AMERICAN EQUITY, LTD. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION BRITISH VIRGIN ISLANDS - -------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES BENEFICIALLY OWNED 570,396 BY EACH REPORTING -------------------------------------------- PERSON 8. SHARED VOTING POWER WITH 0 -------------------------------------------- 9. SOLE DISPOSITIVE POWER 570,396 -------------------------------------------- 10. SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 570,396 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 3 This Amendment No. 1 is filed on behalf of Quilvest American Equity, Ltd. ("QAE") and amends and supplements the Schedule 13D filed on March 9, 1998 with respect to the Common Stock, par value $0.01 per share (the "Common Shares") of Factory 2-U Stores, Inc. (the "Company"). QAE is also referred to as the "Reporting Person." Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Schedule 13D. The information set forth in the Schedule 13D is hereby amended as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is hereby amended by adding the following: The funds used in making acquisitions of the Common Shares reported herein amounted to $2,148,704 (without commissions) and came from the general funds of QAE. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended and restated in its entirety as follows: (a) As of November 28, 2000, QAE beneficially owned an aggregate of 570,396 Common Shares, which constitutes approximately 4.8% of the outstanding Common Shares based on 12,738,280 Common Shares outstanding according to the Issuer's Quarterly Report on Form 10-Q for the quarter ended October 28, 2000. (b) QAE has the sole power to vote, direct the vote of, dispose of or direct the disposition of any and all Common Stock held by QAE. (c) During the last sixty (60) days, to the best of the knowledge of QAE, the only transactions in the Common Stock of the Company by any of the persons listed in Item 2(a) were the following: 4 - -------------------------------------------------------------------------------- Transaction Date Number of Shares Sold Price Per Share - -------------------------------------------------------------------------------- 11/13/00 13,300 (S) $41.06 - -------------------------------------------------------------------------------- 11/13/00 36,700 (S) $41.00 - -------------------------------------------------------------------------------- 11/14/00 45,300 (S) $42.00 - -------------------------------------------------------------------------------- 11/15/00 2,700 (S) $42.00 - -------------------------------------------------------------------------------- 11/15/00 2,000 (S) $42.00 - -------------------------------------------------------------------------------- 11/16/00 40,000 (S) $43.02 - -------------------------------------------------------------------------------- 11/28/00 600 (S) $43.00 - -------------------------------------------------------------------------------- The Common Stock sales listed above were made through brokerage transactions in the open market in the ordinary course of business. (d) Unchanged. (e) As of November 14, 2000, the Reporting Person no longer beneficially owned more than 5% of the Common Shares of the Company. Accordingly, this Amendment No.1 constitutes the final amendment. 5 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: December 27, 2000 QUILVEST AMERICAN EQUITY, LTD. By /s/ Kurt Sonderegger ---------------------------------- Name: Kurt Sonderegger Title: Director By /s/ Jean-Lewis Neuhaus ---------------------------------- Name: Jean-Lewis Neuhaus Title: Director -----END PRIVACY-ENHANCED MESSAGE-----