-----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, RH06vZwk15wVgUU7mDEblHo6Xz/D58XhMpevUu2xr11V9HEcd8jY/tfmr3olwzOa Hurj21l7i3TDDQU4jCIlOQ== 0000950142-04-003558.txt : 20041014 0000950142-04-003558.hdr.sgml : 20041014 20041014135821 ACCESSION NUMBER: 0000950142-04-003558 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20041014 DATE AS OF CHANGE: 20041014 GROUP MEMBERS: HWH CAPITAL PARTNERS, L.P. GROUP MEMBERS: HWH INCORPORATED GROUP MEMBERS: HWH VALENTINE INCORPORATED GROUP MEMBERS: HWH VALENTINE PARTNERS, L.P. GROUP MEMBERS: HWH VALENTINE, L.P. GROUP MEMBERS: HWH, L.P. GROUP MEMBERS: ROBERT B. HAAS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLAYTEX PRODUCTS INC CENTRAL INDEX KEY: 0000842699 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 510312772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45603 FILM NUMBER: 041078610 BUSINESS ADDRESS: STREET 1: PO BOX 7016 CITY: DOVER STATE: DE ZIP: 19903-1516 BUSINESS PHONE: 2033414000 MAIL ADDRESS: STREET 1: 300 NYALA FARMS ROAD CITY: WESTPORT STATE: CT ZIP: 06880 FORMER COMPANY: FORMER CONFORMED NAME: PLAYTEX FP GROUP INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HAAS ROBERT B CENTRAL INDEX KEY: 0000903911 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O HAAS WHEAT & PARTNERS LP STREET 2: 300 CRESCENT COURT, SUITE 1700 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2148718300 MAIL ADDRESS: STREET 1: C/O HAAS WHEAT & PARTNERS LP STREET 2: 300 CRESCENT COURT, SUITE 1700 CITY: DALLAS STATE: TX ZIP: 75201 SC 13D/A 1 sc13da3.txt AMENDMENT NO. 3 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. 3) _______________________ PLAYTEX PRODUCTS, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE (Title of Class of Securities) 72813P 100 (CUSIP Number) _______________________ ROBERT B. HAAS C/O HAAS WHEAT & PARTNERS, L.P. 300 CRESCENT COURT, SUITE 1700 DALLAS, TEXAS 75201 TEL. NO.: (214) 871-8300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) _______________________ October 12, 2004 (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(e), 13d-1(f) or 13d-1(g), check the following box [_]. *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). ================================================================================ - ---------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 2 of 16 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH Capital Partners, L.P. - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 8,055,555 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING -0- PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 8,055,555 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,055,555 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ---------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 3 of 16 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH Valentine Partners, L.P. - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 9,028,482 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING -0- PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 9,028,482 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,028,482 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 4 of 16 Pages - ----------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 8,055,555 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING -0- PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 8,055,555 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,055,555 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 5 of 16 Pages - ----------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH Valentine, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 9,028,482 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING 0 PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 9,028,482 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,028,482 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 6 of 16 Pages - ----------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH Incorporated - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 8,055,555 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING -0- PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 8,055,555 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,055,555 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IV - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 7 of 16 Pages - ----------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HWH Valentine Incorporated - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 9,028,482 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING 0 PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 9,028,482 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,028,482 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IV - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 8 of 16 Pages - ----------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robert B. Haas - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 17,084,037 SHARES ------------------------------------------------ BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING 0 PERSON ------------------------------------------------ WITH 9 SOLE DISPOSITIVE POWER 17,084,037 ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,084,037 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 9 of 16 Pages - ----------------------- --------------------- Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Act"), the undersigned hereby amend their Schedule 13D Statement dated June 6, 1995 (the "Initial Statement"), as amended by Amendment No. 1 dated June 8, 1998 and Amendment No. 2 dated October 5, 2004 (as amended, the "Schedule 13D"). Unless otherwise indicated, all defined terms used herein shall have the same meanings respectively ascribed to them in the Schedule 13D. ITEM 1. SECURITY AND ISSUER. No material change. ITEM 2. IDENTITY AND BACKGROUND. (a), (b), (c) and (f) are hereby amended as follows: (a), (b), (c) and (f). The names and addresses of the persons filing this Schedule are as follows: HWH Capital Partners, L.P. ("HWHCP"), a Delaware limited partnership, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which is a private investment partnership; HWH Valentine Partners, L.P. ("HWHVP"), a Delaware limited partnership, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which is a private investment partnership; HWH, L.P. ("HWHLP"), a Delaware limited partnership, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which acts as the sole general partner of HWHCP; HWH Valentine, L.P. ("HWHV"), a Delaware limited partnership, the general partner of HWHVP, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which acts as the sole general partner of HWHVP and HWHSVP; HWH Incorporated ("HWHI"), a Delaware corporation, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which acts as the sole general partner of HWHLP; HWH Valentine Incorporated ("HWHVI"), a Delaware corporation, the general partner of HWHV, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201, and which acts as the sole general partner of HWHV; and Robert B. Haas, whose address is c/o Haas Wheat & Partners, L.P., 300 Crescent Court, Suite 1700, Dallas, Texas 75201. - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 10 of 16 Pages - ----------------------- --------------------- Robert B. Haas and Douglas D. Wheat are the sole stockholders of HWHI. Robert B. Haas and Douglas D. Wheat are the sole stockholders of HWHVI. The sole general partner of HWHCP and HWHVP is HWHLP and HWHV, respectively, and the sole general partner of each of such limited partnerships is HWHI and HWHVI, respectively, each of which is a corporation controlled by Mr. Haas. Information in response to Items (a) through (c) and (f) with respect to Messrs. Haas and Wheat is set forth in Appendix I, attached to Amendment No. 1 to the Initial Statement and incorporated by reference herein. The above named persons are sometimes referred to as the "Reporting Parties." HWHCP and HWHVP are referred to collectively, as the "Investors." (d) and (e). No material change. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 is amended by adding at the end thereof, the following: On October 12, 2004, HWH Surplus Valentine Partners, L.P. ("HWHSVP"), previously a reporting party to the Schedule 13D, distributed to its partners 2,915,963 shares of Common Stock, and its partners contributed such shares of Common Stock to a newly-formed limited liability company. The Reporting Parties no longer have beneficial ownership of the shares contributed to the limited liability company. No monetary consideration was paid in connection with the distribution or received in connection with the contribution. ITEM 4. PURPOSE OF THE TRANSACTION. No material change. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) and (b) are hereby amended as follows: (a) and (b). The aggregate percentage of shares of Common Stock reported owned by each person herein is based upon the information contained in the Company's Form 10-Q filed on August 4, 2004. As of the close of business on October 12, 2004: Name of Reporting Party: - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 11 of 16 Pages - ----------------------- --------------------- HWH CAPITAL PARTNERS, L.P. (a) Aggregate Number of Securities Owned 8,055,555 Percentage 13.2% (b) 1. Sole power to vote or to direct the vote 8,055,555 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 8,055,555 disposition 4. Shared power to dispose of or to direct the 0 disposition HWH VALENTINE PARTNERS, L.P. (a) Aggregate Number of Securities Owned 9,028,482 Percentage 14.7% (b) 1. Sole power to vote or to direct the vote 9,028,482 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 9,028,482 disposition 4. Shared power to dispose of or to direct the 0 disposition HWH, L.P. (a) Aggregate Number of Securities Owned 8,055,555 Percentage 13.2% (b) 1. Sole power to vote or to direct the vote 8,055,555 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 8,055,555 disposition 4. Shared power to dispose of or to direct the 0 disposition - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 12 of 16 Pages - ----------------------- --------------------- HWH VALENTINE, L.P. (a) Aggregate Number of Securities Owned 9,028,482 Percentage 14.7% (b) 1. Sole power to vote or to direct the vote 9,028,482 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 9,028,482 disposition 4. Shared power to dispose of or to direct the 0 disposition HWH INCORPORATED (a) Aggregate Number of Securities Owned 8,055,555 Percentage 13.2% (b) 1. Sole power to vote or to direct the vote 8,055,555 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 8,055,555 disposition 4. Shared power to dispose of or to direct the 0 disposition HWH VALENTINE INCORPORATED (a) Aggregate Number of Securities Owned 9,028,482 Percentage 14.7% (b) 1. Sole power to vote or to direct the vote 9,028,482 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 9,028,482 disposition 4. Shared power to dispose of or to direct the 0 disposition - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 13 of 16 Pages - ----------------------- --------------------- ROBERT B. HAAS (a) Aggregate Number of Securities Owned 17,084,037 Percentage 27.9% (b) 1. Sole power to vote or to direct the vote 17,084,037 2. Shared power to vote or to direct the vote 0 3. Sole power to dispose or to direct the 17,084,037 disposition 4. Shared power to dispose of or to direct the 0 disposition (c) On October 12, 2004, HWHSVP distributed to its partners shares of Common Stock, and its partners contributed such shares of Common Stock to a newly-formed limited liability company. The Reporting Parties no longer have beneficial ownership of the shares contributed to the limited liability company. No monetary consideration was paid in connection with the distribution or received in connection with the contribution. (d) To the best knowledge of the Reporting Parties, no person other than the Reporting Parties has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Item 6 is amended by adding at the end thereof the following: DISSOLUTION OF HWH SURPLUS VALENTINE PARTNERS, L.P. AND CONTRIBUTION TO SURPLUS VALENTINE, LLC. On October 12, 2004, HWHV dissolved HWHSVP. On October 12, 2004, HWHV and Charlesbank Equity Fund II, Limited Partnership (the "Managing Member" and, together with HWHV, the "Members") entered into the Limited Liability Agreement of Surplus Valentine, LLC, dated October 12, 2004 (the "Surplus LLC Agreement"). The purpose of Surplus Valentine, LLC was to acquire the Common Stock that was held by HWHSVP (the "Surplus Valentine Shares"). Concurrently with the dissolution of HWHSVP, each of the Members contributed to Surplus Valentine, LLC the Shares that they received as a distribution from HWHSVP. Except as otherwise expressly provided for in the Surplus LLC Agreement, (i) the management and direction of the business, affairs and properties of Surplus Valentine, LLC shall be vested solely in the Managing Member; (ii) the - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 14 of 16 Pages - ----------------------- --------------------- Managing Member shall have full and complete authority, power and discretion to manage and direct the business, affairs and properties of Surplus Valentine, LLC, to make all decisions regarding those matters, including, without limitation, with respect to the voting (at any regular or special meeting, by written consent or otherwise) of the Surplus Valentine Shares, to enter into, execute and deliver agreements, contracts and instruments by and on behalf of Surplus Valentine, LLC, to act for and bind Surplus Valentine, LLC, and to perform any and all other acts or activities customary or incident to the management of the business of Surplus Valentine, LLC; and (iii) the Managing Member shall have the exclusive right to determine the timing and terms of the disposition or other monetization of any securities or assets owned by Surplus Valentine, LLC, so long as the terms of any such disposition or other monetization are negotiated on an arm's-length basis. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS - -------------------------------------------------------------------------------- EXHIBIT NUMBER DESCRIPTION - -------------------------------------------------------------------------------- 99.1 Joint Filing Agreement, dated October 14, 2004, among HWH Capital Partners, L.P., HWH Valentine Partners, L.P., HWH, L.P., HWH Valentine, L.P., HWH Incorporated, HWH Valentine Incorporated and Robert B. Haas - -------------------------------------------------------------------------------- - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 15 of 16 Pages - ----------------------- --------------------- SIGNATURES 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. October 14, 2004 HWH CAPITAL PARTNERS, L.P. By: HWH, L.P., its general partner By: HWH Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE PARTNERS, L.P. By: HWH Valentine, L.P., its general partner By: HWH Valentine Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH, L.P. By: HWH Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE, L.P. By: HWH Valentine Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President - ----------------------- --------------------- CUSIP NO. 72813P 100 SCHEDULE 13D Page 16 of 16 Pages - ----------------------- --------------------- HWH INCORPORATED By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE INCORPORATED By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President /s/ Robert B. Haas ------------------------------------------ Robert B. Haas EX-99 2 ex99-1sc13da3.txt EXHIBIT 99.1 EXHIBIT 99.1 ------------ JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of an amendment to the Joint Statement on Schedule 13D, dated June 6, 1995. This Joint Filing Agreement shall be included as an Exhibit to such joint filing. In evidence thereof, each of the undersigned, being duly authorized, hereby executed this Agreement this 14th day of October, 2004. HWH CAPITAL PARTNERS, L.P. By: HWH, L.P., its general partner By: HWH Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE PARTNERS, L.P. By: HWH Valentine, L.P., its general partner By: HWH Valentine Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH, L.P. By: HWH Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE, L.P. By: HWH Valentine Incorporated, its general partner By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH INCORPORATED By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President HWH VALENTINE INCORPORATED By: /s/ Douglas D. Wheat ------------------------------------ Name: Douglas D. Wheat Title: President /s/ Robert B. Haas ------------------------------------------ Robert B. Haas -----END PRIVACY-ENHANCED MESSAGE-----