-----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, ID8StweWmmxKDFmf0LjNpbdz+6PtR7BWTkBldVn+rY5Z7B686EXoCGtoi7HwW4vp L5qSgfdDmV33XENSaeL9fA== 0000950144-02-005601.txt : 20020515 0000950144-02-005601.hdr.sgml : 20020515 20020515152714 ACCESSION NUMBER: 0000950144-02-005601 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020515 GROUP MEMBERS: HOLCOMBE T. GREEN, JR. GROUP MEMBERS: WPS INVESTORS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTPOINT STEVENS INC CENTRAL INDEX KEY: 0000852952 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 363498354 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42856 FILM NUMBER: 02651722 BUSINESS ADDRESS: STREET 1: 507 W TENTH ST CITY: WEST POINT STATE: GA ZIP: 31833 BUSINESS PHONE: 7066454000 MAIL ADDRESS: STREET 1: P O BOX 71 CITY: WEST POINT STATE: GA ZIP: 31833 FORMER COMPANY: FORMER CONFORMED NAME: VALLEY FASHIONS CORP DATE OF NAME CHANGE: 19931214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HTG CORP CENTRAL INDEX KEY: 0000920785 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 581759388 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3343 PEACHTREE RD STE 1420 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 4042611187 MAIL ADDRESS: STREET 1: 3343 PEACHTREE RD STE 1420 CITY: ATLANTA STATE: GA ZIP: 30326 SC 13D/A 1 g76359sc13da.txt WESTPOINT STEVENS, INC. / HTG CORP. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 13)* WESTPOINT STEVENS INC. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 Par Value - ------------------------------------------------------------------------------- (Title of Class of Securities) 919610 5 919630 3 - ------------------------------------------------------------------------------- (CUSIP Number) Holcombe T. Green, Jr., HTG Corp., 3475 Piedmont Road, N.E., Suite 1600, Atlanta, Georgia 30305 (404) 261-1187 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 24, 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 SS.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 Rule 240.13d-7 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). (Continued on following pages) (Page 1 of 8 Pages) - ---------------------------- ----------------- CUSIP No. 919610 5, 919630 3 Page 2 of 8 Pages - ---------------------------- ----------------- - ----------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) WPS Investors, L.P. - ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - ----------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) NA - ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - ----------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 3,096,662 --------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,096,662 - ----------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,096,662 - ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.24% - ----------------------------------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 PN ===========================================================================================================
- ---------------------------- ----------------- CUSIP No. 919610 5, 919630 3 Page 3 of 8 Pages - ---------------------------- ----------------- - ----------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) HTG Corp. - ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - ----------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) 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 Georgia - ----------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 3,896,995 --------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,896,995 - ----------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,896,995 - ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.85% - ----------------------------------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 CO ===========================================================================================================
- ---------------------------- ----------------- CUSIP No. 919610 5, 919630 3 Page 4 of 8 Pages - ---------------------------- ----------------- - ----------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Holcombe T. Green, Jr. - ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - ----------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) 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 United States - ----------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 2,325,350 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------------------------------------------- 8 SHARED VOTING POWER 3,896,995 --------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 2,325,350 --------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,896,995 - ----------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,222,345 - ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.53% - ----------------------------------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 IN ===========================================================================================================
AMENDMENT NO. 13 TO SCHEDULE 13-D This Amendment No. 13 amends the indicated items of the statement on Schedule 13D, as amended, relating to the Common Stock, $.01 par value ("Shares"), of WestPoint Stevens Inc., a Delaware corporation, filed on behalf of WPS Investors, L.P. ("WPS"), a Georgia limited partnership; HTG Corp., a Georgia corporation which is the sole general partner of WPS; and Holcombe T. Green, Jr., the President and sole director and shareholder of HTG Corp., as indicated below. Item 5. Interest in Securities of the Issuer. Item 5(a) is hereby restated as follows: The Shares deemed to be beneficially owned by WPS exclude any Shares owned by any of the limited partners of WPS, with respect to which Shares WPS has neither voting nor dispositive power and as to which WPS disclaims beneficial ownership. HTG Corp., as the general partner of WPS, and Mr. Holcombe T. Green, Jr., as the sole director and shareholder and President of HTG Corp., may be deemed to be beneficial owners of all Shares beneficially owned by WPS, which constitute an aggregate of 3,096,662 Shares, or approximately 6.24% of the Shares outstanding on May 3, 2002. In addition, HTG Corp. may be deemed to be the beneficial owner of the Shares held by the following entities, of which it is a general partner: (i) 325,000 Shares held by Green & Company, L.P., a limited partnership, and (ii) 475,333 shares held by Green Capital IV, L.P., a limited partnership, as well as the 3,096,662 Shares held by WPS, constituting an aggregate of 3,896,995 Shares, or approximately 7.85% of the Shares outstanding on May 3, 2002. In addition, Mr. Green, as sole director and shareholder and President of HTG Corp., may be deemed beneficial owner of all Shares beneficially owned by HTG Corp., an aggregate of 3,896,995 Shares, as well as 1,335,350 Shares he owns directly and 990,000 Shares subject to presently exercisable options. As a result, Mr. Green may be deemed to be the beneficial owner of all of the foregoing Shares, constituting an aggregate of 6,222,345 Shares, or approximately 12.53% of the Shares outstanding as of May 3, 2002. Item 5(b) is hereby restated as follows: WPS has shared power to vote or direct the vote of, and shared power to dispose or direct the disposition of, 3,096,662 Shares owned directly by WPS. Since HTG Corp. is the general partner of WPS, Green & Company, L.P. and Green Capital IV, L.P., HTG Corp. is deemed to have shared voting and dispositive power with respect to 3,096,662 Shares owned by WPS as well as 325,000 Shares owned by Green & Company, L.P. and 475,333 Shares owned by Green Capital IV, L.P., an aggregate of 3,896,995 Shares. As the President of HTG Corp., Mr. Green is deemed to have shared voting and dispositive power with respect to all 3,896,995 Shares as to which HTG Corp. has beneficial ownership, and sole voting and dispositive power with respect to 1,335,350 Shares he owns directly and 990,000 Shares subject to presently exercisable options, or an aggregate of 2,325,350 Shares. Item 5(c) is hereby restated as follows: On April 24, 2002, 305,872 Shares beneficially owned by Green Capital IV, L.P. were sold for consideration of $5.08 per Share and 232,500 Shares beneficially owned by Hall Family Page 5 of 8 Investments, L.P., a limited partnership of which Mr. Green's wife is a general partner and with respect to which he had dispositive power, were sold for consideration of $4.99 per Share. Shares beneficially owned by Mr. Green were also sold as follows: (i) 80,900 Shares were sold on April 24, 2002 for consideration of $4.99 per Share; (ii) 17,613 Shares were sold on April 29, 2002 for consideration of $5.12 per Share; (iii) 67,384 Shares were sold on May 3, 2002 for consideration of $5.46 per Share; (iv) 134, 200 Shares were sold on May 6, 2002 for consideration of $5.34 per Share; and (v) 15,800 Shares were sold on May 7, 2002 for consideration of $5.19 per Share. All of the foregoing Shares were sold by Bank of America, N.A., as pledgee under pledge agreements with Bank of America, N.A. The sales were effected in open market transactions. As of May 7, 2002, after closing of the transactions described above, Green Capital IV, L.P. beneficially owned 475,333 Shares, Mr. Green beneficially owned 1,335,350 Shares (excluding Shares subject to presently exercisable options), and Hall Family Investments, L.P. beneficially owned no Shares. Item 5(d) is hereby restated as follows: Pursuant to the pledge agreements referred to in Item 5(c) above, Bank of America, N.A. has the right to receive or the power to direct the receipt of proceeds from the sale of Shares beneficially owned by Mr. Green, Green Capital IV, L.P., Hall Family Investments, L.P. and Green & Company L.P.. No other person is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from sales of, the Shares. Item 7. Material to be Filed as Exhibits. Exhibit 1 Joint Acquisition Statement pursuant to Rule 13d-1(k). Page 6 of 8 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. Dated: May 15, 2002 /s/ HOLCOMBE T. GREEN, JR. ----------------------------------------------- Holcombe T. Green, Jr., signing in the capacities and on behalf of each of the persons listed in Exhibit I hereto. Page 7 of 8 EXHIBIT INDEX
Exhibit Description - ------- ----------- 1 Joint Acquisition Statement.
Page 8 of 8 EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: May 15, 2002 /s/ HOLCOMBE T. GREEN, JR. ----------------------------------------------- Holcombe T. Green, Jr., signing in the capacities and on behalf of each of the persons listed in Exhibit I hereto. EX-99.1 3 g76359ex99-1.txt JOINT ACQUISITION STATEMENT EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: May 15, 2002 /s/ HOLCOMBE T. GREEN, JR. ----------------------------------------------- Holcombe T. Green, Jr., signing in the capacities and on behalf of each of the persons listed in Exhibit I hereto. SCHEDULE I WPS INVESTORS, L.P. By: HTG Corp. General Partner By: Holcombe T. Green, Jr. President HTG CORP. By: Holcombe T. Green, Jr. President HOLCOMBE T. GREEN, JR. Individually -----END PRIVACY-ENHANCED MESSAGE-----