-----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, DrfvshXXbiZyfivHV/JmhpyZ610qSU306ZnS4Nerz/7iOGCvJzQ6SnaRb5Sph0+3 Ob8qHI0HzNTcPXlKnTPiPA== 0000922423-99-001006.txt : 19990816 0000922423-99-001006.hdr.sgml : 19990816 ACCESSION NUMBER: 0000922423-99-001006 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990813 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARVEL ENTERPRISES INC CENTRAL INDEX KEY: 0000933730 STANDARD INDUSTRIAL CLASSIFICATION: DOLLS & STUFFED TOYS [3942] IRS NUMBER: 133711775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-47191 FILM NUMBER: 99689334 BUSINESS ADDRESS: STREET 1: 387 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2125885100 MAIL ADDRESS: STREET 1: 685 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TOY BIZ INC DATE OF NAME CHANGE: 19941213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DICKSTEIN PARTNERS INC CENTRAL INDEX KEY: 0000922415 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133537972 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 AMENDMENT NO. 3 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 to SCHEDULE 13D Under the Securities Exchange Act of 1934 Marvel Enterprises,Inc. (formerly Toy Biz, Inc.) ----------------------- (Name of Issuer) Common Stock, $.01 par value ---------------------------- (Title of Class of Securities) 57383M 10 8 ----------- (CUSIP Number) Alan S. Cooper Dickstein Partners Inc. 660 Madison Avenue, 16th Floor New York, New York 10021 (212) 754-4000 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 11, 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(e), 13(d)-1(f) or 13d-1(g), check the following box: |_| Page 1 of 16 pages SCHEDULE 13D CUSIP No.57383M 10 8 Page 2 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DICKSTEIN & CO., L.P. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC, 00 (See Item 3) - -------------------------------------------------------------------------------- 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 3,697,044 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING Not Applicable PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 3,697,044 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,697,044/1/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.2% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ------------ /1/ Includes 2,667,848 shares of Common Stock that the Reporting Person has the right to acquire upon conversion of 2,567,708 shares of the Issuer's 8% Convertible Exchangeable Preferred Stock (the "Preferred Stock") held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 3 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DICKSTEIN FOCUS FUND L.P. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC, 00 (See Item 3) - -------------------------------------------------------------------------------- 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 256,437 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING Not Applicable PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 256,437 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 256,437/2/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - -------- /2/ Consists of 256,437 shares of Common Stock that the Reporting Person has the right to acquire upon conversion of 246,812 shares of Preferred Stock held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 4 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DICKSTEIN INTERNATIONAL LIMITED - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC, 00 (See Item 3) - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION BRITISH VIRGIN ISLANDS - -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 902,886 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING Not Applicable PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 902,886 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 902,886/3/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.6% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - -------- /3/Includes 888,553 shares of Common Stock that the Reporting Person has the right to acquire upon conversion of 855,201 shares of Preferred Stock held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 5 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DICKSTEIN PARTNERS, L.P. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS AF, 00 (See Item 3) - -------------------------------------------------------------------------------- 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 Not Applicable SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING 3,953,481 (See Item 5) PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER Not Applicable -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER 3,953,481 (See Item 5) - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,953,481/4/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.8% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - -------- /4/ Includes 2,924,285 shares of Common Stock issuable upon conversion of 2,814,520 shares of Preferred Stock that may be deemed to be beneficially owned by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 6 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DICKSTEIN PARTNERS INC. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS AF, 00 (See Item 3) - -------------------------------------------------------------------------------- 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 Not Applicable SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING 4,856,367 (See Item 5) PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER Not Applicable -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER 4,856,367 (See Item 5) - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,856,367/5/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.0% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- - -------- /5/ Includes 3,812,838 shares of Common Stock issuable upon conversion of 3,669,721 shares of Preferred Stock that may be deemed to be beneficially owned by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 7 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ELYSSA DICKSTEIN, JEFFREY SCHWARZ, AND ALAN COOPER AS TRUSTEES U/T/A/D/ 12/27/88, MARK DICKSTEIN, GRANTOR - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS PF, 00 (See Item 3) - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 55,129 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING Not Applicable PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 55,129 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 55,129/6/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - -------- /6/Represents shares of Common Stock issuable upon conversion of 53,060 shares of Preferred Stock held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 8 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MARK DICKSTEIN AND ELYSSA DICKSTEIN, AS TRUSTEES OF THE MARK AND ELYSSA DICKSTEIN FOUNDATION - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS PF, 00 (See Item 3) - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7) SOLE VOTING POWER NUMBER OF 11,025 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING Not Applicable PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 11,025 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,025/7/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) less than 0.1% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - -------- /7/Represents shares of Common Stock issuable upon conversion of 10,612 shares of Preferred Stock held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 9 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MARK DICKSTEIN - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS PF, AF (See Item 3) - -------------------------------------------------------------------------------- 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 16,667 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING 4,867,394 (See Item 5) PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 16,667 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER 4,867,394 (See Item 5) - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,884,061/8/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.1% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - -------- /8/ Includes 3,823,865 shares of Common Stock issuable upon conversion of 3,680,333 shares of Preferred Stock that may be deemed to be beneficially owned by the Reporting Person and 6,667 shares of Common Stock issuable upon exercise of options held by the Reporting Person. SCHEDULE 13D CUSIP No.57383M 10 8 Page 10 of 15 Pages - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ELYSSA DICKSTEIN - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x] see Item 5 (b) [_] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS PF, AF (See Item 3) - -------------------------------------------------------------------------------- 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 154,363 (See Item 5) SHARES -------------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER OWNED BY EACH REPORTING 66,154 (See Item 5) PERSON -------------------------------------------------------------- WITH 9) SOLE DISPOSITIVE POWER 154,363 (See Item 5) -------------------------------------------------------------- 10) SHARED DISPOSITIVE POWER 66,154 (See Item 5) - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 220,517/9/ (See Item 5) - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% (See Item 5) - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - -------- /9/ Consists of 154,363 shares of Common Stock that the Reporting Person has the right to acquire upon conversion of 148,569 shares of Preferred Stock held by the Reporting Person and 66,154 shares of Common Stock issuable upon conversion of 63,672 shares of Preferred Stock that may be deemed to be beneficially owned by the Reporting Person. Amendment No, 3 to Schedule 13D Introduction This amends the Schedule 13D dated October 1, 1998 as amended by Amendment No. 1 thereto, dated October 13, 1998, as amended by Amendment No. 2 thereto, dated March 4, 1999 (the "Schedule 13D"), filed by Dickstein & Co., L.P. ("Dickstein & Co."), Dickstein Focus Fund L.P. ("Dickstein Focus"), Dickstein International Limited ("Dickstein International"), Dickstein Partners, L.P. ("Dickstein Partners"), Dickstein Partners Inc. ("Dickstein Inc."), Elyssa Dickstein, Jeffrey Schwarz, and Alan Cooper as Trustees U/T/A/D 12/27/88, Mark Dickstein, Grantor (the "Dickstein Trust"), Mark Dickstein and Elyssa Dickstein, as Trustees of the Mark and Elyssa Dickstein Foundation (the "Dickstein Foundation"), Mark Dickstein and Elyssa Dickstein, with respect to the common stock, $.01 par value (the "Common Stock"), of Marvel Enterprises, Inc., a Delaware corporation (the "Company"). Dickstein & Co., Dickstein Focus, Dickstein International, Dickstein Partners, Dickstein Inc., the Dickstein Trust, the Dickstein Foundation, Mark Dickstein and Elyssa Dickstein are collectively referred to as the "Reporting Persons." The Company's 8% Convertible Exchangeable Preferred Stock is referred to as the "Preferred Stock." Notwithstanding this Amendment 3, the Schedule 13D speaks as of its respective dates. I. Items 5(a) and 5(c) of the Schedule 13D "Interest in Securities of the Issuer" are amended and restated as follows: (a) The Reporting Persons beneficially own an aggregate of 5,093,551 shares of Common Stock, representing approximately 13.6%/10/ of the Common Stock outstanding. Such shares are directly held by the Reporting Persons as follows:
Common Stock Percentages of Issuable Upon Common Stock Conversion of Beneficially Common Stock Preferred Stock Preferred Stock Owned Dickstein & Co. 1,029,196 2,567,708 2,667,848 10.2% Dickstein Focus * 246,812 256,437 0.8 Dickstein International 14,333 855,201 888,553 2.6 Dickstein Trust -- 53,060 55,129 0.6 Dickstein Foundation -- 10,612 11,025 less than 0.1 - -------- /10/ Percentages are based upon 33,532,159 shares of Common Stock reported outstanding at July 22, 1999 in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 1999. 11 less than Mark Dickstein 16,667/11/ -- -- 0.1 Elyssa Dickstein -- 148,569 154,363 0.5 Each share of Preferred Stock is convertible into 1.039 shares of Common Stock (subject to certain anti-dilution adjustments), votes generally with the Common Stock as a single class on the basis of the number of shares of Common Stock into which it is convertible, and votes as a separate class on certain matters as provided in the Company's Restated Certificate of Incorporation, to which reference is made for a complete specification of the terms of the Preferred Stock. The following table sets forth the percentages of the outstanding Common Stock, the outstanding Preferred Stock and the outstanding voting power of the Company directly held by each of the Reporting Persons: Percentage Percentage of Percentage of of Outstanding Common Stock/12/ Preferred Stock/13/ Voting Power Dickstein & Co. 3.1% 14.3% 10.2% Dickstein Focus 0.0 1.4 0.8 Dickstein International less than 0.1 4.8 2.6 Dickstein Trust -- 0.3 0.2 Dickstein Foundation -- 0.1 less than 0.1 Mark Dickstein less than 0.1 -- less than 0.1 Elyssa Dickstein -- 0.8 0.5 Total 3.1% 21.7% 14.3%
(c) The Company paid a regularly scheduled in-kind dividend on the Preferred Stock on July 1, 1999 for the quarter ended June 30, 1999 to the Reporting Persons as follows: Dickstein & Co., 50,347 shares; Dickstein Focus, 4,839 shares; Dickstein International, 16,768 - -------- /11/ Includes 6,667 shares issuable upon exercise of options held by Mr. Dickstein. /12/ Based upon 33,532,159 shares of Common Stock outstanding. See the previous footnote. /13/ Based upon 17,952,257 shares of Preferred Stock outstanding following payment of an in-kind dividend for the quarter ended June 30, 1999. 12 shares; Dickstein Trust, 1,040 shares; Dickstein Foundation, 208 shares; and Elyssa Dickstein, 2,913 shares. Except as aforesaid and as set forth on Schedule II attached hereto, none of the persons identified in Item 2 has effected any transactions in the Common Stock during the past 60 days. All such transactions were effected in the open market. 13 SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Date: August 13, 1999 DICKSTEIN & CO., L.P. By: Alan S. Cooper, as Vice President of Dickstein Partners Inc., the general partner of Dickstein Partners, L.P., the general partner of Dickstein & Co., L.P. By: /s/ Alan S. Cooper ----------------------------- Name: Alan S. Cooper DICKSTEIN FOCUS FUND L.P. By: Alan S. Cooper, as Vice President of Dickstein Partners Inc., the general partner of Dickstein Partners, L.P., the general partner of Dickstein Focus Fund L.P. By:/s/ Alan S. Cooper ----------------------------- Name: Alan S. Cooper DICKSTEIN INTERNATIONAL LIMITED By: Alan S. Cooper, as Vice President of Dickstein Partners Inc., the agent of Dickstein International Limited By: /s/ Alan S. Cooper ----------------------------- Name: Alan S. Cooper DICKSTEIN PARTNERS, L.P. By: Alan S. Cooper, as Vice President of Dickstein Partners Inc., the general partner of Dickstein Partners, L.P. By:/s/ Alan S. Cooper ------------------------------ Name: Alan S. Cooper 14 DICKSTEIN PARTNERS INC. By: Alan S. Cooper, as Vice President By: /s/ Alan S. Cooper ------------------- Name: Alan S. Cooper MARK DICKSTEIN By: /s/ Mark Dickstein ------------------- Name: Mark Dickstein ELYSSA DICKSTEIN By: /s/ Elyssa Dickstein ------------------- Name: Elyssa Dickstein ELYSSA DICKSTEIN, JEFFREY SCHWARZ, AND ALAN S. COOPER AS TRUSTEES U/T/A/D 12/27/88, MARK DICKSTEIN, GRANTOR By: /s/ Alan S. Cooper ------------------- Name: Alan S. Cooper MARK DICKSTEIN AND ELYSSA DICKSTEIN AS TRUSTEES OF THE MARK AND ELYSSA DICKSTEIN FOUNDATION By: /s/ Mark Dickstein ------------------- Name: Mark Dickstein 15 Schedule II Transactions in Common Stock of Marvel Enterprises, Inc. Shares Sold by Dickstein & Co, L.P. Number of Shares Price per Total Date Sold Share Commission Proceeds 8/11/99 280,433 6.0625 16,825.98 1,683,299.08 Shares Sold by Dickstein Focus Fund L.P. Number of Shares Price per Total Date Sold Share Commission Proceeds 8/11/99 54,567 6.0625 3,274.02 327,538.42 8/12/99 45,433 5.8610 2,725.98 263,556.83 - -------------------------------------------------------------------------------- Total 100,000 591,095.25 Shares sold By Dickstein International Limited Number of Shares Price per Total Date Sold Share Commission Proceeds 8/12/99 85,667 5.8610 5,140.02 496,954.27 16 -----END PRIVACY-ENHANCED MESSAGE-----