-----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, FVM1tgGxn8izi5c0pXmHHNHGbdRDbEnvTf6vZvVU3d5wNlau3+MeqlyzwYC5QdvK Yb5Yi4LQD3QRafK35fiDhA== 0000095301-04-000076.txt : 20041222 0000095301-04-000076.hdr.sgml : 20041222 20041222170303 ACCESSION NUMBER: 0000095301-04-000076 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041222 DATE AS OF CHANGE: 20041222 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEQUA CORP /DE/ CENTRAL INDEX KEY: 0000095301 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 131885030 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-09976 FILM NUMBER: 041221485 BUSINESS ADDRESS: STREET 1: 200 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129865500 MAIL ADDRESS: STREET 1: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 FORMER COMPANY: FORMER CONFORMED NAME: SUN CHEMICAL CORP DATE OF NAME CHANGE: 19870521 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL PRINTING INK CORP DATE OF NAME CHANGE: 19710510 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALEXANDER NORMAN E/ CENTRAL INDEX KEY: 0001015725 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O SEQUA CORP STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2127013685 MAIL ADDRESS: STREET 1: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 SC 13D/A 1 nea13da.htm REPLACEMENT AMENDMENT #8 (ORIGINAL FILING CORRUPT)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 8/A)*

Sequa Corporation

(Name of Issuer)

Class A Common Stock, no par value

(Title of Class of Securities)

81732 010

(CUSIP Number)

Norman E. Alexander

c/o Sequa Corporation

200 Park Avenue

New York, New York 10166

                                                         Telephone: (212) 986-5500

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

December 10, 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 that is the subject of this Schedule 13D, and is filing this schedule because of §§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 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).


This amendment is being filed to replace Amendment No. 8 to Schedule 13D filed on December 21, 2004 as the original filing became corrupted and is not legible.


CUSIP NO. 81732 010

NAMES OF REPORTING PERSONS:          Norman E. Alexander

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only):

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

                                    (a) [X]              (b) [ ]

SEC USE ONLY

SOURCE OF FUNDS (See Instructions):

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED

PURSUANT TO ITEMS 2(d) OR 2(e)                                          [ ]

CITIZENSHIP OR PLACE OF ORGANIZATION:

U.S.

NUMBER OF

SHARES

7)

SOLE VOTING POWER

3,636,141

 

BENEFICIALLY

OWNED BY

EACH

REPORTING

8)

9)

SHARED VOTING POWER

472,823

SOLE DISPOSITIVE POWER

3,636,141

 

PERSON WITH

10)

SHARED DISPOSITIVE POWER

472,823

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH

REPORTING PERSON:         4,108,964

CHECK IF THE AGGREGATE AMOUNT IN ROW (11)

EXCLUDES CERTAIN SHARES (See Instructions)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

44.9

TYPE OF REPORTING PERSON:  IN


CUSIP NO. 81732 010

NAMES OF REPORTING PERSONS:          Fifty Broad Street, Inc.

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only): 13-1769653

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

                                    (a) [X]              (b) [ ]

SEC USE ONLY

SOURCE OF FUNDS (See Instructions):

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED

PURSUANT TO ITEMS 2(d) OR 2(e)                                          [ ]

CITIZENSHIP OR PLACE OF ORGANIZATION:

New York

NUMBER OF

SHARES

7)

SOLE VOTING POWER

182,175

 

BENEFICIALLY

OWNED BY

EACH

REPORTING

8)

9)

SHARED VOTING POWER

None

SOLE DISPOSITIVE POWER

182,175

 

PERSON WITH

10)

SHARED DISPOSITIVE POWER

None

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH

REPORTING PERSON:         182,175

CHECK IF THE AGGREGATE AMOUNT IN ROW (11)

EXCLUDES CERTAIN SHARES (See Instructions)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

2.5

TYPE OF REPORTING PERSON:  CO


The Schedule 13D Statement previously filed with the Securities and Exchange Commission by Norman E. Alexander and the following corporations which are directly or indirectly wholly-owned by Mr. Alexander (except for Forfed Corporation which is controlled by Mr. Alexander): Fifty Broad Street, Inc. (“Fifty Broad”), a New York corporation; Forfed Corporation (“Forfed”), a Delaware corporation; 42 New Street, Inc. (“42 New”), a New York corporation; Galleon Syndicate Corporation (“Galleon”), a New York corporation; and Youandi Corporation (“Youandi”), a New York corporation (the “Corporations”) with respect to Sequa Corporation Class A Common Stock (the “Class A Shares”) is amended by the following information.

Item 5.      Interest in Securities of the Issuer.

Mr. Alexander, through the Corporations, the Norman E. Alexander Family Foundation (the “Foundation”), the Sequa 401(k) Plan and through a grantor retained annuity trust (the “Trust”), beneficially owns an aggregate of 2,100,190 Class A Shares which is approximately 29.4% of the outstanding Class A Shares.  If all of the Class B Common Stock beneficially owned by Mr. Alexander (including the shares of Class B Common Stock beneficially owned through the Trust) were converted to Class A Shares, then Mr. Alexander would own 4,108,964 Class A Shares which would be 44.9% of the Class A Shares then outstanding.

Each of the above Corporations and the Foundation has the sole right to vote and dispose of all of its Class A Shares, but Mr. Alexander, by virtue of his ownership and positions with the Corporations and the Foundation, has the power to vote and dispose of all of the Class A Shares owned by the Corporations and the Foundation.  The Trust has the shared right to vote all of its Class A Shares (including the Class A Shares issuable upon conversion of the Class B Common Stock beneficially owned by the Trust), but Mr. Alexander retains the right to dispose of the Class A Shares in accordance with the terms of the Trust.

On December 10, 2004, Fifty Broad exchanged (i)  41,439 Class A Shares with the Charlotte W. Krinsly 2003 Grantor Retained Annuity Trust II for 41,439 shares of Class B Common Stock and (ii) 22,591 Class A Shares with the Charlotte W. Krinsly 2004 Grantor Retained Annuity Trust II for 22,591 shares of Class B Common Stock.  The Class A Shares were valued at $60.50 per share.  The 64,030 shares of Class B Common Stock acquired by Fifty Broad are convertible into Class A Shares on a one-to-one basis.


Item 6.      Contracts, Arrangements, Understanding or Relationships With Respect to Securities of the Issuer.

Pursuant to a letter agreement among Fifty Broad, the Charlotte W. Krinsly 2003 Grantor Retained Annuity Trust II and the Charlotte W. Krinsly 2004 Grantor Retained Annuity Trust II, Fifty Broad sold the 64,030 Class A Shares that are the subject of this Amendment No. 8.

           

Item 7.      Material to be Filed as Exhibits.

Exhibit A.   Letter Agreement, dated as of December 10, 2004, by and among  Fifty Broad Street, Inc., the Charlotte W. Krinsly 2003 Grantor Retained Annuity Trust II and the Charlotte W. Krinsly 2004 Grantor Retained Annuity Trust II.


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. 

December 20, 2004

FIFTY BROAD STREET, INC.

FORFED CORPORATION

42 NEW STREET, INC.

YOUANDI CORPORATION

GALLEON SYNDICATE CORPORATION

/s/ Norman E. Alexander

------------------------------------

Norman E. Alexander

Individually and on behalf of

the above named Corporations

As President or Chairman


FIFTY BROAD STREET, INC.

200 Park Avenue

New York, NY 10166

As of December 10, 2004

Ms. Charlotte W. Krinsly

3320 Theall Road

Rye, New York 10580

Re: Exchange of Shares

Dear Charlotte:

This letter is to confirm our agreement as of the date hereof to effect the following exchange of shares:

1.         (a)        Effective as of December 10, 2004, Fifty Broad Street, Inc., a New York corporation (“Fifty Broad Street”), hereby assigns and conveys, free of any and all liens, claims and encumbrances, 41,439 shares of the Class A common stock of Sequa Corporation, a Delaware corporation (“Sequa”), to the Charlotte W. Krinsly 2003 Grantor Retained Annuity Trust II in exchange for 41,439 shares of the Class B common stock of Sequa.

(b)        Effective as of December 10, 2004, Fifty Broad Street, hereby assigns and conveys, free of any and all liens, claims and encumbrances, 22,591 shares of the Class A common stock of Sequa, to the Charlotte W. Krinsly 2004 Grantor Retained Annuity Trust II in exchange for 22,591 shares of the Class B common stock of Sequa.

2.         (a)        Effective as of December 10, 2004, the Charlotte W. Krinsly 2003 Grantor Retained Annuity Trust II hereby assigns and conveys, free of any and all liens, claims and encumbrances, 41,439 shares of the Class B common stock of Sequa to Fifty Broad Street, in exchange for 41,439 shares of the Class A common stock of Sequa.

(b)        Effective as of December 10, 2004, the Charlotte W. Krinsly 2004 Grantor Retained Annuity Trust II hereby assigns and conveys, free of any and all liens, claims and encumbrances, 22,591 shares of the Class B common stock of Sequa to Fifty Broad Street, in exchange for 22,591 shares of the Class A common stock of Sequa.


I hereby assure you that there arc no federal, state or local tax consequences as a result of the above exchange of shares.

Very truly yours,

FIFTY BROAD STREET, INC.

By:    /s/ Norman E. Alexander

Norman E. Alexander

President

Accepted and Agreed to:

CHARLOTTE W. KRINSLY 2003 GRANTOR RETAINED

ANNUITY TRUST II

By:    /s/ Charlotte W. Krinsly

Charlotte W. Krinsly, Trustee

By:    /s/ Barry P. Rosenthal

Barry P. Rosenthal, Trustee

CHARLOTTE W. KRINSLY 2004 GRANTOR RETAINED

ANNUITY TRUST II

By:    /s/ Charlotte W. Krinsly

Charlotte W. Krinsly, Trustee

By:    /s/ Barry P. Rosenthal

Barry P. Rosenthal, Trustee

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