-----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, QzrmWcAGsXLdme7h6NR1i2xVCdwg20qIqpRnYVN12LXTby2/GsNgAr0SdW1eA6MP d5sstquMnBo2O8QlQYwbZg== 0000950146-98-001221.txt : 19980723 0000950146-98-001221.hdr.sgml : 19980723 ACCESSION NUMBER: 0000950146-98-001221 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980721 SROS: NASD GROUP MEMBERS: MARSHALL S. COGAN GROUP MEMBERS: TRACE FOAM SUB. INC. GROUP MEMBERS: TRACE INTERNATIONAL HOLDINGS INC GROUP MEMBERS: TRACE INTERNATIONAL HOLDINGS, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FOAMEX INTERNATIONAL INC CENTRAL INDEX KEY: 0000912908 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS FOAM PRODUCTS [3086] IRS NUMBER: 050473908 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-48793 FILM NUMBER: 98669198 BUSINESS ADDRESS: STREET 1: 1000 COLUMBIA AVENUE CITY: LINWOOD STATE: PA ZIP: 19061 BUSINESS PHONE: 6108593000 MAIL ADDRESS: STREET 1: 1000 COLUMBIA AVE CITY: LINWOOD STATE: PA ZIP: 19061 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRACE INTERNATIONAL HOLDINGS INC CENTRAL INDEX KEY: 0001033338 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 375 PARK AVENUE 11TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 SC 13D/A 1 SCHEDULE 13D, AMENDED UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 8) FOAMEX INTERNATIONAL INC. (Name of Issuer) Common Stock, $0.01 Par Value (Title of Class of Securities) 344123-10-4 (CUSIP Number) Philip N. Smith, Jr., Esq. Trace International Holdings, Inc. 375 Park Avenue 11th Floor New York, New York 10152 (212) 230-0400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 6, 1998 (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 [ ]. Continued on following page(s) Page 1 of 8 Pages SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 344123-10-4 | | Page 2 of 8 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(ENTITIES ONLY)| | | Trace International Holdings, Inc. | | | 58-1080969 | |---------|------------------------------------------------------------------| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] | | | (b) [X] | |---------|------------------------------------------------------------------| | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | 4 | SOURCE OF FUNDS* | | | | | | BK, 00 | |---------|------------------------------------------------------------------| | 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 | | | | 4,474,753 | | NUMBER OF |-----|-----------------------------------------------------| | SHARES | 8 | SHARED VOTING POWER | | BENEFICIALLY | | 7,050,247 | | OWNED BY EACH |-----|-----------------------------------------------------| | REPORTING | 9 | SOLE DISPOSITIVE POWER | | PERSON | | 4,474,753 | | WITH |-----|-----------------------------------------------------| | | 10 | SHARED DISPOSITIVE POWER | | | | 7,050,247 | |----------------------------------------------------------------------------| | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 11,525,000 | |---------|------------------------------------------------------------------| | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 46.1% | |---------|------------------------------------------------------------------| | 14 | TYPE OF REPORTING PERSON * | | | CO | | | | |----------------------------------------------------------------------------| *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 344123-10-4 | | Page 3 of 8 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(ENTITIES ONLY)| | | Trace Foam Sub, Inc. | | | 13-3808758 | |---------|------------------------------------------------------------------| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] | | | (b) [X] | |---------|------------------------------------------------------------------| | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | 4 | SOURCE OF FUNDS* | | | | | | 00 | |---------|------------------------------------------------------------------| | 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 | | | | 0 | | NUMBER OF |-----|-----------------------------------------------------| | SHARES | 8 | SHARED VOTING POWER | | BENEFICIALLY | | 7,000,247 | | OWNED BY EACH |-----|-----------------------------------------------------| | REPORTING | 9 | SOLE DISPOSITIVE POWER | | PERSON | | 0 | | WITH |-----|-----------------------------------------------------| | | 10 | SHARED DISPOSITIVE POWER | | | | 7,000,247 | |----------------------------------------------------------------------------| | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 7,000,247 | |---------|------------------------------------------------------------------| | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 28.0% | |---------|------------------------------------------------------------------| | 14 | TYPE OF REPORTING PERSON * | | | CO | | | | |----------------------------------------------------------------------------| *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 344123-10-4 | | Page 4 of 8 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(ENTITIES ONLY)| | | | | | Marshall S. Cogan | |---------|------------------------------------------------------------------| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] | | | (b) [X] | |---------|------------------------------------------------------------------| | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | 4 | SOURCE OF FUNDS* | | | | | | PF | |---------|------------------------------------------------------------------| | 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 of America | |----------------|-----|-----------------------------------------------------| | | 7 | SOLE VOTING POWER | | | | 669,167 | | NUMBER OF |-----|-----------------------------------------------------| | SHARES | 8 | SHARED VOTING POWER | | BENEFICIALLY | | 0 | | OWNED BY EACH |-----|-----------------------------------------------------| | REPORTING | 9 | SOLE DISPOSITIVE POWER | | PERSON | | 669,167 | | WITH |-----|-----------------------------------------------------| | | 10 | SHARED DISPOSITIVE POWER | | | | 0 | |----------------------------------------------------------------------------| | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 669,167 | |---------|------------------------------------------------------------------| | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [X] | | | | |---------|------------------------------------------------------------------| | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 2.6% | |---------|------------------------------------------------------------------| | 14 | TYPE OF REPORTING PERSON * | | | IN | | | | |----------------------------------------------------------------------------| *SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 8 to Schedule 13D is filed on behalf of Trace International Holdings, Inc. ("Trace Holdings"), Trace Foam Sub, Inc. ("Trace Foam Sub"), and Marshall S. Cogan, and amends and supplements the Schedule 13D, dated December 14, 1993 (as amended, the "Schedule 13D"), as amended by Amendment No. 1 thereto filed on December 23, 1994, Amendment No. 2 thereto filed on March 6, 1995, Amendment No. 3 thereto filed on April 28, 1995, Amendment No. 4 thereto filed on August 28, 1997, Amendment No. 5 thereto filed on December 24, 1997, Amendment No. 6 thereto filed on March 16, 1998 and Amendment No. 7 thereto filed on June 26, 1998, and is being filed pursuant to Rule 13d-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This Amendment No. 8 is being filed to reflect the execution of an amendment to the Agreement and Plan of Merger, dated June 25, 1998, entered into by Trace Holdings, Trace Merger Sub, Inc., a wholly-owned subsidiary of Trace Holdings ("Merger Sub"), and the Issuer. The Schedule 13D is hereby amended as follows: Item 4. Purpose of Transaction. The following paragraph is added at the end of Item 4: On July 6, 1998, Trace Holdings, Merger Sub, and the Issuer entered into Amendment No. 1 to the Agreement and Plan of Merger, dated as of June 25, 1998 ("Amendment No. 1"), which amended certain provisions of the Agreement and Plan of Merger. A copy of Amendment No. 1 to the Agreement and Plan of Merger is filed as Exhibit O to this Schedule 13D. Item 7. Exhibits to be Filed. The following is added to Item 7: EXHIBIT O Amendment No. 1 to the Agreement and Plan of Merger, dated as of June 25, 1998, by and among Trace International Holdings, Inc., a Delaware corporation, Trace Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Trace Holdings and Foamex International Inc., a Delaware corporation, dated as of July 6, 1998. Page 5 of 8 Pages 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. TRACE INTERNATIONAL HOLDINGS, INC. By: /s/ Marshall S. Cogan --------------------- Name: Marshall S. Cogan Title: Chairman and Chief Executive Officer Date: July 21, 1998 Page 6 of 8 Page 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. TRACE FOAM SUB, INC. By: /s/ Marshall S. Cogan --------------------- Name: Marshall S. Cogan Title: Chairman of the Board and President Date: July 21, 1998 Page 7 of 8 Pages 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. /s/ Marshall S. Cogan --------------------- Marshall S. Cogan Date: July 21, 1998 Page 8 of 8 Pages EX-99 2 AMENDMENT TO AGREEMENT AND PLAN OF MERGER EXHIBIT O Amendment No. 1 to Agreement and Plan of Merger This Amendment No. 1 (this "Amendment") to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 25, 1998, by and among Trace International Holdings, Inc., a Delaware corporation ("Parent"), Trace Merger Sub, Inc., a Delaware corporation("Sub"), and Foamex International Inc., a Delaware corporation (the "Company"), is being entered into as of July 6, 1998. WHEREAS, Parent, Sub and the Company desire to amend the Merger Agreement; NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: Section 1. Amendment to Section 5.1(e)(iii). Section 5.1(e)(iii) of the Merger Agreement is hereby amended and restated as follows: "(iii) (A) enter into or modify or amend any employment agreement or arrangement with any officer or director of the Company or any of its Subsidiaries, other than in the ordinary course of business consistent with past practice or (B) enter into or modify or amend any severance agreement with, or grant any severance or termination pay to, any officer or director of the Company or any of its Subsidiaries, except in the ordinary course of business consistent with past practice or as required by any applicable Legal Requirement or in connection with the Crain restructuring or Contracts in effect on the date hereof; or". Section 2. Amendment to Sections 5.1(g)(iii) and (iv). Sections 5.1(g)(iii) and (iv) of the Merger Agreement are hereby amended and restated as follows: "(iii) assume, guarantee, endorse or otherwise become liable or responsible (whether directly, contingently or otherwise) for any material obligations of any other person (other than a Subsidiary of the Company or as set forth on Section 5.1 of the Company's Disclosure Schedule); (iv) make any loans, advances or capital contributions to, or investments in, any other person (other than to the Subsidiaries of the Company, pursuant to the Merger Agreement or as set forth on Section 5.1 of the Company's Disclosure Schedule (provided the ownership structure of such Subsidiary has not changed from that existing on the date hereof) or customary advances to employees); or". Section 3. No Further Amendment. Except as otherwise provided herein, the Merger Agreement shall remain unchanged and in full force and effect and as amended hereby is ratified by the parties hereto. Section 4. Effect of Amendment. From and after the execution of this Amendment by the parties hereto, any references to the Merger Agreement shall be deemed a reference to the Merger Agreement as amended hereby. Section 5. Governing Law. This Amendment and the legal relations between the parties hereto will be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the choice of law principles thereof. Section 6. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Section 7. Descriptive Headings. The descriptive headings herein are inserted for convenience of reference only and shall in no way be construed to define, limit, describe, explain, modify, amplify, or add to the interpretation, construction or meaning of any provision of, or scope or intent of, this Amendment or the Merger Agreement nor in any way affect this Amendment or the Merger Agreement. - 2 - IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be signed on his own behalf or by a duly authorized officer, as the case may be, as of the date first above written. TRACE INTERNATIONAL HOLDINGS, INC. By: /s/ Philip N. Smith, Jr. ---------------------------- Name: Philip N. Smith, Jr. Title: Senior Vice President TRACE MERGER SUB, INC. By: /s/ Tambra S. King ---------------------------- Name: Tambra S. King Title: Vice President FOAMEX INTERNATIONAL INC. By: /s/ Andrea Farace ---------------------------- Name: Andrea Farace Title: Chairman and Chief Executive Officer - 3 - -----END PRIVACY-ENHANCED MESSAGE-----