-----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, ExfH4No0D1OnYFgq9m6JwU6xA+Ve3aCEF25SZQDIHmv3r0CHa3gN9tdY9QgfZiz5 q9A9M+LLtlsH1YQCl7dVVQ== 0000950133-99-000408.txt : 19990215 0000950133-99-000408.hdr.sgml : 19990215 ACCESSION NUMBER: 0000950133-99-000408 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990212 GROUP MEMBERS: BOSTON PARTNERS ASSET MANAGEMENT L P GROUP MEMBERS: BOSTON PARTNERS, INC. GROUP MEMBERS: DESMOND JOHN HEATHWOOD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CALPINE CORP CENTRAL INDEX KEY: 0000916457 STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991] IRS NUMBER: 770212977 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48317 FILM NUMBER: 99535651 BUSINESS ADDRESS: STREET 1: 50 WEST SAN FERNANDO ST CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: 4089955115 MAIL ADDRESS: STREET 1: 50 W SAN FERNANDO STREET 2: SUITE 500 CITY: SAN JOSE STATE: CA ZIP: 95113 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON PARTNERS ASSET MANAGEMENT L P CENTRAL INDEX KEY: 0000949682 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 043270358 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER 43RD FL CITY: BOSTON STATE: MA ZIP: 02159 BUSINESS PHONE: 6178328280 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER STREET 2: 43RD FLOOR CITY: BOSTON STATE: MA ZIP: 02111 SC 13G/A 1 AMENDMENT NO. 2 TO SCHEDULE 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2 )* ------- Calpine Corporation - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, $.001 par value - ------------------------------------------------------------------------------ (Title of Class of Securities) 131347106 -------------------- (CUSIP Number) December 31, 1998 - Amendment pursuant to Rule 13d-2(b) - ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in 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). 2 - ------------------- ---------------------------- CUSIP NO. 131347106 13G Page 1 of 3 Pages ------ ----- - ------------------- ---------------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Boston Partners Asset Management, L.P. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] Not applicable - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF -0- shares SHARES ------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH -0- shares REPORTING ------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH -0- shares ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- shares - ------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shares - ------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] SHARES* Not applicable - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IA - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 - ------------------- ---------------------------- CUSIP NO. 131347106 13G Page 2 of 3 Pages ------ ----- - ------------------- ---------------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Boston Partners, Inc. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] Not applicable - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF SHARES -0- shares BENEFICIALLY ------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING -0- shares PERSON ------------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER -0- shares ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- shares - ------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shares - ------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] SHARES* Not applicable - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * CO - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! 4 - ------------------- ---------------------------- CUSIP NO. 131347106 13G Page 3 of 3 Pages ------ ----- - ------------------- ---------------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Desmond John Heathwood - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] Not applicable - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------ 5 SOLE VOTING POWER NUMBER OF SHARES -0- shares BENEFICIALLY ------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING -0- shares PERSON ------------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER -0- shares ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- shares - ------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shares - ------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] SHARES* Not applicable - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 Item 1(a). Name of Issuer: Calpine Corporation (the "Issuer"). Item 1(b). Address of Issuer's Principal Executive Offices: 50 West San Fernando Street, San Jose, CA 95113 Item 2(a). Names of Persons Filing: Boston Partners Asset Management, L.P. ("BPAM"), Boston Partners, Inc. ("Boston Partners"), and Desmond John Heathwood. BPAM, Boston Partners, and Mr. Heathwood are sometimes referred to collectively herein as the "Reporting Persons." Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of BPAM, Boston Partners, and Mr. Heathwood is 28 State Street, 20th Floor, Boston, MA 02109. Item 2(c). Citizenship: BPAM is a Delaware limited partnership. Boston Partners is a Delaware corporation. Mr. Heathwood is a United States citizen. Item 2(d). Title of Class of Securities: Common Stock, $.001 par value ("Common Stock"). Item 2(e). CUSIP Number: 131347106 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); 6 (h) [ ] A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 13d-1(b)(1) (ii)(J). Item 4. Ownership. (a) Amount Beneficially Owned: Each of the Reporting Persons may be deemed to own beneficially 0 shares of Common Stock at December 31, 1998. BPAM owns of record 0 shares of Common Stock. As sole general partner of BPAM, Boston Partners may be deemed to own beneficially all of the shares of Common Stock that BPAM may be deemed to own beneficially. As principal stockholder of Boston Partners, Mr. Heathwood may be deemed to own beneficially all of the Common Stock that Boston Partners may be deemed to own beneficially. Therefore, each of the Reporting Persons may be deemed to own beneficially 0 shares of Common Stock of the Issuer. (b) Percent of Class: 0 % for all Reporting Persons. The foregoing percentage is calculated based on the 20,151,581 shares of Common Stock outstanding on November 9, 1998, as reported on the Form 10Q for the quarter ended September 30, 1998. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 shares for all Reporting Persons. (ii) shared power to vote or to direct the vote: 0 shares for all Reporting Persons. (iii) sole power to dispose or to direct the disposition of: 0 shares for all Reporting Persons. (iv) shared power to dispose or to direct the disposition of: 0 shares for all Reporting Persons. Pursuant to Rule 13d-4, each of Boston Partners and Mr. Heathwood expressly disclaims beneficial ownership of any shares of Common Stock of the Issuer. Item 5. Ownership of Five Percent or Less of a Class. 7 If this statement is being filed to report that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the Common Stock of the Issuer, check the following [ X ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. BPAM holds all of the above 0 shares under management for its clients, who have the right to direct the receipt of dividends, to receive dividends from such shares and to receive the proceeds from the sale of such shares. None of these clients holds more than five percent of the Common Stock of the Issuer. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. BPAM, Boston Partners and Mr. Heathwood expressly disclaim membership in a "group" as defined in Rule 13d-5(b)(1). Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as participant in any transaction having that purpose or effect. 8 SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. We also hereby agree to file this statement jointly pursuant to the agreement set forth as Exhibit 1 hereto. Dated: February 12, 1999 BOSTON PARTNERS ASSET MANAGEMENT, L.P. By: Boston Partners, Inc., its general partner By: /s/ Mary Ann Iudice --------------------- William J. Kelly Treasurer and Senior Vice President by: Mary Ann Iudice Attorney-in-Fact* BOSTON PARTNERS, INC. By: /s/ Mary Ann Iudice ---------------------- William J. Kelly Treasurer and Senior Vice President by: Mary Ann Iudice Attorney-in-Fact* /s/ Mary Ann Iudice - -------------------------- Desmond John Heathwood by: Mary Ann Iudice Attorney-in-Fact** * Signed pursuant to a Power of Attorney executed by William J. Kelly, a copy of which is filed herewith. ** Signed pursuant to a Power of Attorney executed by Desmond John Heathwood, a copy of which is filed herewith. 9 Exhibit 1 AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of Common Stock of Calpine Corporation. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. EXECUTED this 12th day of February, 1999. BOSTON PARTNERS ASSET MANAGEMENT, L.P. By: Boston Partners, Inc. its general partner By: /s/ Mary Ann Iudice -------------------------- William J. Kelly Treasurer and Senior Vice President by: Mary Ann Iudice Attorney-in-Fact* BOSTON PARTNERS, INC. By: /s/ Mary Ann Iudice --------------------------- William J. Kelly Treasurer and Senior Vice President by: Mary Ann Iudice Attorney-in-Fact* /s/ Mary Ann Iudice - -------------------------- Desmond John Heathwood by: Mary Ann Iudice Attorney-in-Fact** * Signed pursuant to a Power of Attorney executed by William J. Kelly, a copy of which is filed herewith. ** Signed pursuant to a Power of Attorney executed by Desmond John Heathwood, a copy of which is filed herewith. EX-24.1 2 POWER OF ATTORNEY RE: D. HEATHWOOD 1 EXHIBIT 24.1 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that the undersigned, Desmond John Heathwood, hereby constitutes and appoints William J. Kelly and Mary Ann Iudice his true and lawful attorneys-in-fact and agents, for him and in his name, place and stead, to sign any Schedule 13G or Schedule 13D relating to beneficial ownership and changes in beneficial ownership of equity securities of the companies set forth on Exhibit A hereto (each, a "Company" and, collectively, the "Companies"), and any amendment thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the U.S. Securities and Exchange Commission, and submit copies thereof to any securities exchange or automated quotation system and to the applicable Company, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents may lawfully do or cause to be done by virtue hereof. This power-of-attorney shall expire at such time as the undersigned ceases to be subject to filing requirements under Section 13(d) and/or 13(g) under the Securities and Exchange Act of 1934, as amended, with respect to the Companies. /s/ Desmond J. Heathwood ------------------------ Desmond John Heathwood Dated: February 9, 1998 2 EXHIBIT A Companies Subject to Power of Attorney Dated as of February 9, 1998 American General Hospitality Corporation Bank Plus Corporation Calpine Corporation Chris-Craft Industries, Inc. Golden State Bancorp, Inc. Mid-America Apartment Communities, Inc. Public Service Company of New Mexico RFS Hotel Investors, Inc. Security-Connecticut Corporation Shopko Stores, Inc. SLM Holding Corporation The Vanguard Group, Gemini II Inc. (closed end fund) Wang Laboratories, Inc. Allmerica Financial Corporation BJ's Wholesale Club, Inc. Bowne & Co., Inc. Caltec Net Lease Realty, Inc. Chiquita Brands International, Inc. Equity Inns, Inc. Harcourt General, Inc. Highlands Insurance Group, Inc. Horace Mann Educators Corporation IPC Holdings, Ltd. Long Island Lighting Company Moog, Inc. National Presto Industries, Inc. PFF Bancorp, Inc. WMS Industries Inc. Woolworth Corporation EX-24.2 3 POWER OF ATTORNEY RE: W. KELLY 1 Exhibit 24.2 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that the undersigned, William J. Kelly, Treasurer and Senior Vice President of Boston Partners, Inc., hereby constitutes and appoints Mary Ann Iudice his true and lawful attorney-in-fact and agent, for him and in his name, place and stead, to sign any Schedule 13G or Schedule 13D relating to beneficial ownership and changes in beneficial ownership of equity securities of the companies set forth on Exhibit A hereto (each, a "Company" and, collectively, the "Companies"), and any amendment thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the U.S. Securities and Exchange Commission, and submit copies thereof to any securities exchange or automated quotation system and to the applicable Company, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite or necessary to be done, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent may lawfully do or cause to be done by virtue hereof. This power-of-attorney shall expire at such time as Boston Partners, Inc. ceases to be subject to filing requirements under Section 13(d) and/or 13(g) under the Securities and Exchange Act of 1934, as amended, with respect to the Companies. /s/ William J. Kelly -------------------- William J. Kelly Dated: February 8, 1998 2 EXHIBIT A Companies Subject to Power of Attorney Dated as of February 9, 1998 American General Hospitality Corporation Bank Plus Corporation Calpine Corporation Caltec Net Lease Realty, Inc. Chris-Craft Industries, Inc. Golden State Bancorp, Inc. Mid-America Apartment Communities, Inc. Public Service Company of New Mexico RFS Hotel Investors, Inc. Security-Connecticut Corporation Shopko Stores, Inc. SLM Holding Corporation The Vanguard Group, Gemini II Inc. (closed end fund) Wang Laboratories, Inc. WMS Industries Inc. Woolworth Corporation 3 CERTIFICATE OF THE SECRETARY The undersigned, Desmond John Heathwood, Secretary of Boston Partners, Inc., a Delaware corporation (the "Company"), DOES HEREBY CERTIFY THAT the resolutions set forth below are true and correct copies of resolutions adopted by the Board of Directors of the Company by unanimous written consent dated February 9, 1998; and such resolutions are in full force and effect on the date hereof: Resolutions Adopted by the Board of Directors of Boston Partners, Inc. by Unanimous Written Consent Dated February 9, 1998 RESOLVED, that each officer of the Company who may be required to sign and execute any Schedule 13G or Schedule 13D relating to beneficial ownership and changes in beneficial ownership of equity securities with respect to which the Company is subject to filing requirements under Section 13(d) or 13(g) under the Securities and Exchange Act of 1934, as amended ("Section 13 Filings"), be and hereby is authorized to execute a power of attorney appointing Mary Ann Iudice his true and lawful attorney-in-fact and agent, for him and in his name, place and stead, to sign any Section 13 Filings, and any amendment thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the U.S. Securities and Exchange Commission, and submit copies thereof to any securities exchange or automated quotation system and to the applicable Company, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite or necessary to be done, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent may lawfully do or cause to be done by virtue hereof. WITNESS my hand and the seal of the Company this 9th day of February, 1998. /s/ Desmond John Heathwood -------------------------- [Corporate Seal] Desmond John Heathwood Secretary -----END PRIVACY-ENHANCED MESSAGE-----