-----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, MVGlcpSQ0qo23Y17McIOAp2zWAUn6mf7uZQWF50Cx2FAmeVMI14dfQjthCTbjbCH BJcdhObDm6gH+DRSamezUg== 0000950129-99-003871.txt : 19990827 0000950129-99-003871.hdr.sgml : 19990827 ACCESSION NUMBER: 0000950129-99-003871 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990826 GROUP MEMBERS: RESCO HOLDINGS INC GROUP MEMBERS: WASTE MANAGEMENT HOLDINGS INC GROUP MEMBERS: WASTE MANAGEMENT INC GROUP MEMBERS: WHEELABRATOR TECHNOLOGIES INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CALIFORNIA COASTAL COMMUNITIES INC CENTRAL INDEX KEY: 0000840216 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 020426634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-39991 FILM NUMBER: 99699670 BUSINESS ADDRESS: STREET 1: 6 EXECUTIVE CIRCLE STREET 2: SUITE 250 CITY: IRVIN STATE: CA ZIP: 92614 BUSINESS PHONE: 7148333030 MAIL ADDRESS: STREET 1: 6 EXECUTIVE CIRCLE STREET 2: SUITE 250 CITY: IRVIN STATE: CA ZIP: 92614 FORMER COMPANY: FORMER CONFORMED NAME: KOLL REAL ESTATE GROUP INC DATE OF NAME CHANGE: 19931006 FORMER COMPANY: FORMER CONFORMED NAME: BOLSA CHICA CO/ DATE OF NAME CHANGE: 19921229 FORMER COMPANY: FORMER CONFORMED NAME: HENLEY GROUP INC/DE/ DATE OF NAME CHANGE: 19910415 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WASTE MANAGEMENT INC CENTRAL INDEX KEY: 0000823768 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 731309529 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: STE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135126200 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: USA WASTE SERVICES INC DATE OF NAME CHANGE: 19920703 SC 13D/A 1 WASTE MANAGEMENT, INC. FOR CALIFORNIA COASTAL 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------- SCHEDULE 13D (AMENDMENT NO. 5) UNDER THE SECURITIES EXCHANGE ACT OF 1934 -------------------- CALIFORNIA COASTAL COMMUNITIES, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $.05 PER SHARE (Title of Class of Securities) 129915104 --------- (CUSIP Number of Class of Securities) BRYAN J. BLANKFIELD ASSISTANT GENERAL COUNSEL WASTE MANAGEMENT, INC. 1001 FANNIN STREET, SUITE 4000 HOUSTON, TEXAS 77002 (713) 746-1500 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) COPY TO: DALE B. TAUKE, ESQ. WINSTON & STRAWN 35 WEST WACKER DRIVE SUITE 4200 CHICAGO, ILLINOIS 60601 (312) 558-5600 JUNE 1, 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 Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. 2 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 129915104 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Waste Management, Inc. (as ultimate parent of Waste Management Holdings, Inc., Wheelabrator Technologies Inc. and Resco Holdings Inc.) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUND OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER - 0 BENEFICIALLY OWNED BY ----------------------------------------------------- EACH PERSON WITH 8. SHARED VOTING POWER - 0 ----------------------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT ON ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON - CO - -------------------------------------------------------------------------------- -2- 3 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 129915104 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Waste Management Holdings, Inc. (as parent corporation to Wheelabrator Technologies Inc. and Resco Holdings Inc.) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER - 0 BENEFICIALLY OWNED BY ------------------------------------------------------- EACH PERSON WITH 8. SHARED VOTING POWER - 0 ------------------------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT ON ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON - CO - -------------------------------------------------------------------------------- -3- 4 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 129915104 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Wheelabrator Technologies Inc. (shares directly held plus shares indirectly held as sole stockholder of Resco Holdings Inc.) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER - 0 BENEFICIALLY OWNED BY ------------------------------------------------------ EACH PERSON WITH 8. SHARED VOTING POWER - 0 ------------------------------------------------------ 9. SOLE DISPOSITIVE POWER - 0 ------------------------------------------------------ 10. SHARED DISPOSITIVE POWER - 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT ON ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON - CO - -------------------------------------------------------------------------------- -4- 5 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 129915104 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Resco Holdings Inc. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF SHARES 7. SOLE VOTING POWER - 0 BENEFICIALLY OWNED BY ------------------------------------------------------- EACH PERSON WITH 8. SHARED VOTING POWER - 0 ------------------------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 ------------------------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT ON ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON - CO - -------------------------------------------------------------------------------- -5- 6 This amendment No. 5 to the Statement on Schedule 13D (this "Schedule") filed with the Securities and Exchange Commission on July 15, 1992, as amended by Amendment No. 1 filed on July 27, 1992, by Amendment No. 2 filed on December 10, 1993, Amendment No. 3 filed on December 15, 1993 and Amendment No. 4 filed on April 16, 1999. Other than as set forth herein, there have been no material changes in the information set forth in Items 1 through 7 of this Schedule as amended. ITEM 4. PURPOSE OF TRANSACTION. The last paragraph of Item 4 is amended to read as follows: Pursuant to the Call/Put Agreement among the Company, Wheelabrator Technologies Inc. and Resco Holdings Inc. dated April 8, 1999, the Company had the right to require Wheelabrator Technologies Inc. and Resco Holdings Inc. to sell, and Wheelabrator Technologies Inc. and Resco Holdings Inc. had the right to require the Company to buy, 1,226,608 shares of Common Stock at $5.75 per share during the period commencing June 1, 1999 and terminating June 30, 1999. The Call/Put Agreement is incorporated into this Schedule by reference to Exhibit 2 of California Coastal Communities, Inc. Schedule 13D Amendment No. 4 filed with the Securities and Exchange Commission on April 16, 1999. Wheelabrator Technologies Inc. sold, and caused Resco Holdings Inc. to sell, their respective shares of Common Stock pursuant to the Call/Put Agreement on June 1, 1999. ITEM 5. INTEREST IN SECURITIES OF THE COMPANY. Item 5 (a) of Amendment No. 4 is amended by deleting it in its entirety and replacing it with the following: (a) As ultimate parent corporation to Wheelabrator Technologies Inc. and Resco Holdings Inc., Waste Management, Inc. may be deemed to own beneficially any shares of the Company's Common Stock owned beneficially by Wheelabrator Technologies Inc. or Resco Holdings Inc. As parent corporation to Wheelabrator Technologies Inc. and Resco Holdings Inc., Waste Management Holdings, Inc. may be deemed to own beneficially any shares of the Company's Common Stock beneficially owned by Wheelabrator Technologies Inc. or Resco Holdings Inc. As a result of the completion of the transaction described in Item 4 above, on June 1, 1999, none of Waste Management, Inc., Waste Management Holdings, Inc., Wheelabrator Technologies Inc. or Resco Holdings, Inc. (the "Reporting Entities") beneficially own, directly or indirectly, any shares of the Company's Common Stock. Item 5 (b) of Amendment No. 4 is amended by deleting it in its entirety and replacing it with the following: (b) None of the Reporting Entities have: (i) any power to vote or direct the voting of shares of the Company's Common Stock or (ii) any power to dispose or direct the disposition of shares of the Company's Common Stock. -6- 7 Item 5 (c) of Amendment No. 4 is amended by deleting it in its entirety and replacing it with the following: (c) Except for the execution of the Call/Put Agreement and sale of the Company's Common Stock pursuant thereto, none of the Reporting Entities have effected a transaction involving the Common Stock of the Company in the past 60 days nor filed a Schedule 13D with respect to the Common Stock of the Company in the past 60 days. ITEM 6. CONTRACTS, ARRANGEMENTS OR UNDERSTANDINGS WITH RESPECT TO SECURITIES OF THE COMPANY. Item 6 is amended by adding the following: Pursuant to the Call/Put Agreement, the Reporting Entities disposed of their entire interest in the Common Stock of the Company on June 1, 1999. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. 1. Joint Filing Agreement between and among the Reporting Entities dated August 26, 1999, filed herewith 2. Call/Put Agreement among the Company, Wheelabrator Technologies Inc. and Resco Holdings Inc. dated April 8, 1999, incorporated by reference to Exhibit 2 to California Coastal Communities, Inc. Schedule 13D Amendment No. 4, filed April 16, 1999. -7- 8 SIGNATURES After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: August 26, 1999 WASTE MANAGEMENT, INC. By: /s/ BRYAN J. BLANKFIELD -------------------------------------- Name: Bryan J. Blankfield Title: Assistant Secretary WASTE MANAGEMENT HOLDINGS, INC. By: /s/ BRYAN J. BLANKFIELD -------------------------------------- Name: Bryan J. Blankfield Title: Assistant Secretary WHEELABRATOR TECHNOLOGIES INC. By: /s/ BRYAN J. BLANKFIELD -------------------------------------- Name: Bryan J. Blankfield Title: Assistant Secretary RESCO HOLDINGS INC. By: /s/ BRYAN J. BLANKFIELD -------------------------------------- Name: Bryan J. Blankfield Title: Assistant Secretary -8- 9 EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------- ----------- 1 Joint Filing Agreement between and among the Reporting Entities dated August 26, 1999, filed herewith 2 Call/Put Agreement between the Company, Wheelabrator Technologies Inc. and Resco Holdings Inc. dated April 8, 1999, incorporated by reference to Exhibit 2 to California Coastal Communities, Inc. Schedule 13D Amendment No. 4, filed April 16, 1999.
EX-99.1 2 JOINT FILING AGREEMENT, DATED 04/14/99 1 EXHIBIT 1 JOINT FILING AGREEMENT The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(f)(1). Each of them is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Dated: August 26, 1999 WASTE MANAGEMENT, INC. By: /s/ BRYAN J. BLANKFIELD ---------------------------- Name: Bryan J. Blankfield Title: Assistant Secretary WASTE MANAGEMENT HOLDINGS, INC. By: /s/ BRYAN J. BLANKFIELD ---------------------------- Name: Bryan J. Blankfield Title: Vice President WHEELABRATOR TECHNOLOGIES INC. By: /s/ BRYAN J. BLANKFIELD ---------------------------- Name: Bryan J. Blankfield Title: Vice President RESCO HOLDINGS INC. By: /s/ BRYAN J. BLANKFIELD ---------------------------- Name: Bryan J. Blankfield Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----