SC 13D 1 dsc13d.htm SCHEDULE 13D Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.    )

 

HEWITT ASSOCIATES, INC.

(Name of Issuer)

 

Class B Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

N/A

(CUSIP Number)

 

John M. Ryan

Hewitt Associates, Inc.

100 Half Day Road

Lincolnshire, Illinois 60069

Tel. No.: (847) 295-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

January 27, 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 which is the subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: ¨

SCHEDULE 13D

 

  1  

NAME OF REPORTING PERSON

 

Each of the persons identified on Appendix A

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  x

(b)  ¨

    
  3  

SEC USE ONLY

 

    
  4  

SOURCE OF FUNDS

 

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 of America unless otherwise listed on Appendix A

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  7    SOLE VOTING POWER

 

    -0-

  8    SHARED VOTING POWER

 

    60,452,080 Covered Shares held by Covered Persons(1)

  9    SOLE DISPOSITIVE POWER

 

    -0-

10    SHARED DISPOSITIVE POWER

 

    -0-

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

60,452,080 shares of Class B Common Stock(2)

    
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  

¨

 

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

95.3%

    
14   TYPE OF REPORTING PERSON    

 

IN as to persons listed in Appendix A under caption “Individuals”; OO as to persons listed in Appendix A under captions “Trusts” and “Limited Liability Companies”; PN as to persons listed in Appendix A under caption “Partnerships”; CO as to persons listed in Appendix A under caption “Corporations”.

 

 

(1) Please see Item 2 for definitions

 

(2) Each Covered Person disclaims beneficial ownership of all shares of common stock held by any other Covered Person.

 

2

APPENDIX A

 

Name of Reporting Persons        
Individuals  

Citizenship (United States unless otherwise indicated)

    
Abazoris, Norman V.        
Ablin, Marlene Joyce        
Abosch, Kenan Seth        
Acker, Peter David        
Adams, Judith        
Adams, Mark J.        
Africk, Caryn        
Alexander, Jane F.        
Anand, Sanjiv Krishan        
Anderson, Bradley A.        
Anderson, John L.        
Anderson, Linda L.        
Arbaugh, Karl E.        
Argue, J. Gordon   Canada    
Arian, Mark David        
Baggett, Jeffrey L.        
Bagin, Erik        
Baird, Elizabeth A.        
Baird, Elizabeth as Custodian        
Baird, Sharon J.        
Baird, Nathaniel T        
Baldwin, Bettye   Puerto Rico    
Baloun, James        
Balthazor, Patricia Joan        
Barnes, Karen A.        
Barry, Joseph Gerard        
Barth, Jeffrey        
Barylak, Gretchen Karol Lund        
Basofin, Richard        
Bassick, E. Webb        
Baumruk, Raymond W.        
Bausch, John J.        
Beauregard, Thomas R.        
Belmonte Jr., Frank        
Beneteau, Robert J.   Canada    
Bennett, Peter L.   United Kingdom    
Bennett, Brandon W.        
Bennett, Michael John   Australia    
Bentson, Margaret A.        
Bernsee, Robert W.        
Bernstein, Z. Samuel        
Bialek, Joseph G.        
Bicos, Sandy        
Biersack, Donna Marie        
Biggins, Peter        
Billard, Lisette        
Blasco, Guido   Italy    
Blecher, Maurice David        
Bloomer, James        
Boden, Beth        
Boerner, Peter R        
Bollert, Duane C.        
Borchert, Timothy John        
Borgman, Peter J.        
Boulter, David        
Bourquin, Francis   Switzerland    
Brab, Regina        
Bradford, Timothy M        
Bradley, Scott        
Brandorff, Perry O.        
Brost, David        
Brovich, Christopher        
Brown, J. Allan   Canada    
Bruce, William C.        
Bruner, Jack E.        
Bryant, Ronald Victor        
Bueltmann, Ann N.        
Buesing, William R.        
Burke, Patrick J        
Burmeister, Monica M.        
Butler, Michael J.        
Butterworth, Thomas C        
Byrd, Jeffrey W.        
Byron, Linda   Canada    
Caffarelli, Brian Thomas        
Cahn, David M.        
Camferdam, Steven Robert        
Campbell, Daniel J.        
Campbell, Robert B., Jr.        
Campbell, Robert C.        
Campbell, Stephen E.        
Carey, Douglas J.        
Carlson, Thomas D.        
Carnegie, Jerry Y        

 

Carracher, Nancy O.        
Carroll, Annette Rosinski        
Carswell, Thomas A        
Carter, Gary L.        
Cartolano, Curtis M.        
Casmer, David M.        
Certain, Stephanie L        
Chambers, Sandra Ann Miller        
Christiansen, Christofer        
Clarke, Brenda A.        
Clarke, Michael        
Clemens, Thomas P.        
Clymer, Jeff        
Cochran, William R.        
Cochrane, Martha J.        
Cole, Ray        
Coletto, Nancy        
Collura, Kathryn Jean        
Conilh de Beyssac, Thierry   France    
Connolly, Amy C.        
Connolly, Sean        
Connolly, C. Lawrence, III        
Cook, Sandra Lee        
Coolley, Nancy E.        
Coppock, Melissa Shirk        
Coppock, Steven M.        
Corcoran, Maureen Ann        
Corne, Yves   Belgium    
Cornwall, Lynn        
Corvette, Gail H        
Crandell, Bradford E        
Crawford, Neil M.   Canada    
Cromer, Richard B        
Crowley, Sue        
Crowley, William A        
Currie, Katharine Claire        
Dahm, Joanne        
Dale, James        
Darbyshire, Paula R        
Datta, Sumer   India    
Davids, Richard W        
Deacon, Faye A.        
Deasey, John J.        
DeCanniere, Dan        
Decker, Julie        
DeGregorio, Susan M.        
DeKeyzer, Johan        
Delahanty, Edward L        
DeLuca, Linda L.   Canada    
Denlinger, Kurt        
Dephtereos, Marjorie B.        
Desenis, Judith M.        
Detmer, Edward J.        
Dhingra, Gautam        
Dickmann, Karen M.        
Diemer, Richard L        
Dixon, William E.        
Dodd, Kathryn M.        
Dodd, Robert M        
Doege, Paul R        
Dolan, Elizabeth M.        
Dolezal, Craig        
Doucette, Joseph J.        
Doucette, Stephen F.        
Doyle, Bryan Joseph        
Duncan, William Bradley        
Dunlap, Robert A.        
Durbala, Michael R.        
Dutton, Leslie   Canada    
Eads, Jack W.        
Eaker, Robert Charles        
Earle, Thomas Warren        
Eavenson, William T.        
Eberlein, Dianne Lynn        
Eddington, Thomas L.        
Edelstein, Carol M.        
Eeckman, Philippe   France    
Egan, Peter S        
Eikenberg, Darcy Lee        
Elder, Joni Lee        
Evans, John M        
Ewing, Larry R        
Fahling, Gerald O.        
Fanning, J. Mark        
Fastman, Bernardo Alberto   Argentina    
Ferreri, James P        
Finan, Lois C.        
Fischer, Charles        
Fisher, Enrique A        
Fixmer, John P        
Flint, Tom F.        

 

Forsberg, Michael S.        
Fortosis, David C.        
Fox, Roberta D.        
Francey, Claude   Switzerland    
Franco, Edward E. V.        
Franke, John T.        
Freedman, David   United Kingdom    
Freundt, James F.        
Friedes, Peter E        
Friese, Lainchen M.        
Fry, Lisa Anne        
Furer, Burkhard   Germany    
Futterman, Ronald Alan        
Gallo, Sabina V.        
Gandossy, Robert P.        
Gang, Barry S        
Gangloff, Sabine   Germany    
Garabedian, Thomas J.        
Gardner, John D.        
Gayda, Joseph J        
Gayley, John K.        
Ghiulamila, Anne-Laurence   France    
Gibbons, Michael        
Gifford, Dale L        
Gordon, Julie Starkman        
Gordon, Mark K.        
Goudriaan, Robert   Netherlands    
Graham, Michael Eugene        
Grant, Philip D.        
Gray, Guy Earl        
Gray, Stephen Michael        
Grayson, Valerie A.        
Greenbaum, David        
Greene, William H.        
Gregory, C. William        
Gretzinger III, Ralph E        
Guagliardo, Nicolo        
Gubitosi, Alan        
Gubman, Edward Lee        
Guthman, Michael A        
Halaburt, Thomas L.        
Halleen, Steven J.        
Hallen, Christian Eric        
Halliday, Timothy   United Kingdom    
Halperin, Frederic        
Hancock, Kip K.        
Hand, Janice S.        
Hanlon, Charles E.        
Hansen, Michelle Elaine        
Harlow, Carole Jean        
Harris, Anne M.        
Harvey, James J.        
Hasbargen, Donald W        
Haugen, Peter J.        
Hauser, Linda S.        
Hauser, Thomas J.        
Haverick, David R.        
Hazen, Mary Judd        
Healy, Christopher R.        
Heiring, George W        
Henderson, Don Berwell        
Hernandez, Javier        
Hessler, Donald R        
Higginbotham, Stanley Lamar        
Hiles, Andrew H.        
Hilgenberg, Timothy S        
Hill, Michael R.        
Hinman, Richard C.        
Hirano, Robin Miller        
Hochberg, Renee F.        
Hoerger, Susan Yarosh        
Hogg, Barbara J        
Holland, Daniel J.        
Holland, Kimberly        
Holscher, Carsten   Germany    
Hoos, John O        
Horton, Michael D        
Howes, Paul D.        
Howlett, Catherine        
Hoyal, Mark Lawrence        
Huggard Caine Reti, Andrea Veronica   Brazil    
Hughey, Thomas M        
Hunt, David        
Hurst, Linda S.        
Hutson, Richard W        
Huxsaw, Lynne        
Hyman, Jeffrey S.        
Irion, Brian P.        
Irons, Neil   Belgium    
Irwin, Barbara Jane        
Istnick, Robert L        

 

Jacobs, Ari N.        
Jagla, Julie        
James, Alison A        
James, Ken E        
James, William R.        
Jarrett, Thomas Mark        
Jeffay, Jason        
Jensen, Phillip Claude        
Johnson, Robert F.        
Johnston, Michael L.        
Jones, Allen F.        
Jones, David B.        
Jones, J. Michael        
Jones, Michael B        
Jones, Richard E.        
Jones, Ronald A        
Jost, Michael G        
Kaberon, Daniel Adam        
Kairey, Mindy        
Kaiser, Marc Steven        
Kann, Raymond        
Kantor, Richard Geza        
Kapahi, Naveen   Canada    
Kaplan, Tilda Jarolim        
Kars, Jan   Netherlands    
Kellogg, Gail V.        
Kelly Jr., Vincent J.        
Kelly, James William        
Kenney, Suzanne M.        
Kerpan, James P        
Kieley, John        
Kimler, Brad        
Kincaid, Maureen A.        
Kinsley, Heather R.        
Klein, Jeffrey        
Klonoff, Jeffrey Allen        
Knox, Christine M.        
Kohlbry, Kathleen M.        
Kolb, John        
Konieczny, James R.        
Koo, James   Canada    
Kopec, Albert        
Koralik, Susan K.        
Kordus, Claude        
Kozak, Gregory J.        
Krause, Debra W.        
Kriegh, James A        
Laketek, Maryann        
Lally, Jane F.        
Lamp, Cory Christopher        
LaSorte, Joseph A.        
Laspisa, Esther Kaplan        
Laufer, Jacques        
Laugharn, Gary        
Lawrence, Simon   United Kingdom    
Leckie, Annette Schnack        
Lee, Michael R.        
Lee, Steven G.        
Leighton, Stephen M        
Leister, Kellen        
Leone, Robert J.        
Levin, Howard J.        
Leyendecker, Mary A.        
Lima, Jean-Charles   Canada    
Lindberg, Kenneth W        
Lindquist, Judith A.        
Livsey, Frank   Canada    
Lloyd, Ronald Rhys   Canada    
Lucey, Richard J        
Lui, Cheryl M.        
Lynch, John C.        
Makuck, Brian D.        
Maskaleris, Elias R.        
Mason II, William L.        
Mateja, Linda L.        
Mathews, Donna M        
Matson, Stephen A.        
Mattingly, Sharon   United Kingdom    
Maurer, Otto        
McArdle, Frank B.        
McCane, Steven William        
McDonald, Danielle R.        
McFall, Daniel F.        
McGhee, James W.        
McGill, Patrick Lyman        
McGough, James C        
McGuire, Francis Xavier        
McKay, Robert J   Canada    
McRae, Lisa Ann Smedstad        
Mercado, Orlando   Puerto Rico    
Meshboum, Stuart        

 

Messick, Scott E.        
Meuse, James David        
Miller, Lisa   United Kingdom    
Miller, Lori L.        
Millson, Scott A.        
Milo, Scott Vincent        
Minner Jr., Donald        
Mitchell, Laurie Leilani        
Mittelbrun, Theresa D.        
Mitter, Mark T.        
Moody, Richard L        
Moore, Bradley C        
Moran Jr., John        
Moreland, Mary K.        
Morgan, Pamela Dale        
Morris, Peter J.        
Moses, John D.        
Mott, Thomas Robert        
Muench, Carol        
Muirhead, Peter   Canada    
Munn, Jeffrey        
Murphy, Blake Potter        
Murphy, Michael J.        
Murray, Mark Andrew        
Murray, Philip E   United Kingdom    
Nelson, James E.        
Nelson, Mark Andrew        
Nerheim, Lori A        
Neville, Thomas        
Newton, Christopher Mark   Canada    
Nichols, Richard C.        
Nolen, Tanya Flourney        
Nunes, Jane Ann        
O’Connor, John R.        
O’Meara, Robert J        
O’Regan, Thomas J        
Ornt, Yvonne Gatcheff        
Osborn, Jacqueline        
Oshima, Mark Masao        
Osicka, Charles J        
Osrin, Neville P   United Kingdom    
Owens, Kevin        
Ozark, James G        
Padfield, Mark R.        
Padula, Matthew D.        
Paine, Thomas H        
Pallerino, Nancy        
Palmer, Christopher S        
Papantonis, Perry C.        
Papier, Jonathan M   United Kingdom    
Parfitt, Mary Ann        
Parker, T. Alan   Australia    
Parrish, Norman W.        
Patrick, Phyllis Elaine (Estate of)        
Patrick, Rodger R        
Pellettieri, Karen M.        
Penter, Robert L.        
Perrine, Nicole        
Peterson, Alison Ann        
Peterson, E Scott        
Peterson, Larry W.        
Peterson, Steven W.        
Pierce, David        
Pinzur, Laurence A.        
Piro Jr., John D.        
Pogue, Thomas A.        
Polk, Mary Ann        
Pontello, Leslie B.        
Pooley, Joanne   Canada    
Powell, Lowell        
Powers, Michael J.        
Prange, Sue L.        
Pratscher, Gary W.        
Primmer, Roger L.        
Prospect, Theodore A.        
Puciaty, Anton J        
Pulliam, William R        
Purtell, Jocelyn Patrice        
Quenan, Patrick W.        
Rackey, David A.        
Raffety, David Keith        
Ramsey, E. Stephen        
Ready, Robert D        
Reichenbach, Lee Donna        
Reschke, Karin   Germany    
Rhodes, Wendy S.        
Rieger Jr., Leon        
Ripp, Jeanette M        
Riva, Katia   Italy    
Robb, Marybeth C        
Roberts, John Cecil        

 

Robison, R. Jack        
Roch, Thomas F        
Roettig, Paul   Austria    
Romanchek, Robert A.        
Romweber, Jane T.        
Roof, Timothy C.        
Roque, Francisco A.        
Rosmarin, Douglas J        
Rosow, Stanley M        
Ross, Peter E.        
Rubin, Daniel J.        
Rumzis, Edward D.        
Rushin, James J.        
Ruth, Linda Cushman        
Ryan, Duffy        
Ryan, John M.        
Ryan, Michael John        
Sales, Mary E.        
Sanborn, Peter A.        
Sanders, John B.   Canada    
Santos Jr., Alberto        
Santos, Alberto Dr.        
Santos, Anastacia        
Santos, Lane Johanna Jaeckle        
Santos, Miguel Antonio        
Sarrazin, Eric   France    
Sartain, Keith T.        
Sawyer, Eileen C.        
Schardt, Michael Alan        
Schaus, Stacy L.        
Scheele, Christopher S.        
Scheele, Teresa L.        
Scheffel, Elizabeth J.        
Schippers, Norman        
Schlachtmeyer, Albert S        
Schmitt, Kyle A.        
Schmitz, Thomas L.        
Schnoenenberger, Vitus   Switzerland    
Schultz, Michael D.        
Schwartz, Jan E        
Schwartzman, Ted J.        
Schwehr, Mark D.        
Scott, William        
Seim, Sharon        
Seltz, Christine A.        
Shafer, Paul M.        
Shakeel, Mazen A.   Canada    
Shapira, Allan   Canada    
Sharp IV, Frederick Inman        
Shaul, Matthew        
Shelton, Kenneth A.        
Shepherd, Janet E.        
Sher, Fred C        
Shillingburg, John Douglas        
Shimizu, Tomo   Japan    
Shipman, Don R.        
Silva, Anthony A.        
Simmermaker, Jordan L.        
Smith, Bradley        
Smith, Eddie C.        
Sneden, William M.        
Soja, Richele A        
Sorensen, Michael        
Sorrentino, Anthony S        
Spacapan, Kevin Lee        
Spangrud, Mark J.        
Sperling, Rosalyn M.        
Sperling, Kenneth L.        
Stanar, Thomas J        
Steinberg, Allen Terry        
Steinberg, Mona Jill        
Stewart, Curtis W        
Stifter, Jeredith W        
Stiroh Jr., Bernard J.        
Stock, Mary C.        
Strecker, Jefferson Lee        
Sural, Brenda J.        
Swanson, Mark A.        
Swinehart, Kathy Lea        
Sze, Michael        
Tagge, Rosemary E        
Tate, Robert        
Tatsuguchi, Nancy M        
Tenner, Leonard R.        
Thomann, Daniel   Switzerland    
Thomas, Sean W.        
Thompson, Greggory R.        
Thompson, Theresa        
Tobin, Harold B.        
Toivari-Case, Carrie Marie        
Tompkins, John C   Canada    

 

Toth, Frederick Carter        
Trahan, Daniel C.        
Trahan, Susan R.        
Trahan, Thomas M.        
Trahan, Uraiwan        
Trahan, Michael Lee        
Tucker, Larry John        
Twery, Scott Craig        
Ubelhart, Mark C        
Vaccari, Margee S.        
Vaccari, Thomas S.        
Valentine, Lawrence V.        
Vandersanden, Robert   Canada    
VanThournout, Richard A.        
Veit, Anne A        
Verseman, David W.        
Virmani, Ravi   India    
Visus, Deborah A.        
Vlajkovic, John        
Vogrich, Robert M.        
Wagner, Francis H. T.        
Wagner, Stephen B        
Wallace, John J        
Wardner, Julie A.        
Watkins, Eric M.        
Watson, Laura M        
Waymel, Colleen Austin        
Waymel, Raymond J.        
Weaver Jr, Pearce R.        
Weaver, Trinda N.        
Weaver, Dorothy J.        
Weinberg, Robert        
Welkie, Robert Steven        
Wermeille, Francoise   Switzerland    
Westervelt, Arthur Lee        
Westwood, Jerry R        
Whinfrey, Judith A.        
Whitney Jr., Mark S.        
Wilen, Robert E.        
Wille, David J.        
Williams, Jonathan David   Australia    
Wilson, Gerald I        
Wilson, Jerry F.        
Winkler, Kerstin        
Winston, Rebecca L.        
Wise, Christi Rager        
Witkowski, Wayne E.        
Woldridge, Scott M.        
Wolf, James K        
Wood, Thomas E        
Wooding, Shelley A.   Canada    
Woodrum, James D.        
Wright, Michael B.        
Wright, Peter        
Wunsch, Gerald E.        
Yamamoto, Dale H        
Yezzi, Anthony P        
Young, William G.        
Zadell, William R.        
Zielke, Elizabeth K.        
Zimmer, Jane E        
Zimmerman, Ross        
Zurek, Colleen A.        

 

Trusts   Place of Organization
Annette S. Leckie 2003 Revocable Trust   Massachusetts
Carole J. Harlow 1994 Trust   California
Charles Fischer Declaration of Trust   Illinois
Daniel J. Rubin Trust dated February 16, 2000   Illinois
Esther K. Laspisa Revocable Trust   Illinois
Francis B. McArdle Revocable Living Trust   Maryland
James E. Nelson Irrevocable Trust   Florida
James G. Ozark Trust   Illinois
John Hoos Revocable Trust   Illinois
Kann Family Trust   California
Kathleen M. Trahan Revocable Trust   Illinois
Lawrence J. Laspisa Revocable Trust   Illinois
Leonard Tenner Revocable Trust   Illinois
Roberta Tenner Revocable Trust   Illinois
Maureen Kincaid Trust   Illinois
Michael L. Trahan Revocable Trust   Illinois
Renee F. Hochberg Living Trust   Illinois
Richard L. Diemer Revocable Trust   Illinois
Richard W. Hutson Declaration of Trust   Illinois
Smith Family Trust   Arizona
Steinberg Revocable Trust   California
Ted J. Schwartzman Trust   Connecticut
The David Yanis Trust   Florida
The Dorothy J. Weaver Trust   California
The Martha J. Cochrane Declaration of Trust   Massachusetts

 

The Peterson Family Trust

    California
Thomas Paine and Teresa Norton Revocable Trust    California
Thomas E. Wood Revocable Trust    Illinois
William James Trust    Illinois

Partnerships*

    Place of Organization
Buesing Family Limited Partnership (William R. Buesing, General Partner)    Connecticut
Robert and Sandra Cook Family Limited Partnerhship (Sandra Cook, General Partner)    Illinois
Franke Investments, L.P. (John Terrence Franke, Managing General Partner)    Illinois
The TJG Limited Partnership (Thomas J. Garabedian, General Partner)    Delaware
Gifford Holdings, L.P. (Dale L. Gifford, General Partner)    Delaware
Gretzinger Family Limited Partnership (Ralph E. Gretzinger, III, General Partner)    Delaware
DJH Investments, L.P. (Daniel J. Holland, General Partner)    Texas

Hutson Family Limited Partnership (Richard W. Hutson, Trustee under the Richard W. Hutson Declaration of Trust Dated November 6, 1989, General Partner)

    Illinois
Michael B. Jones Family Limited Partnership (Michael B. Jones, General Partner)    Delaware
Kieley Investment L.P. I (John Kieley, General Partner)    Delaware
JJJO Partnership, L.P. (James G. Ozark and Maureen A. Kincaid, General Partners)    Massachusetts
KBAM Ventures, L.P. (Maureen A. Kincaid and James G. Ozark, General Partners)    Illinois

Levin Family Limited Partnership (Howard J. Levin, Trustee of the Howard J. Levin Revocable Trust, dated September 28, 1994, General Partner)

    Connecticut
SJM Holdings, L.P. (Mark A. Murray, Managing General Partner)    New Jersey
Pinzur Limited Partnership (Laurence A. Pinzur, General Partner)    Wyoming
Deer Park Limited Partnership (Jocelyn Purtell, General Partner)    Florida
SCS Family Limited Partnership (E. Stephen Ramsey, General Partner)    Wisconsin
Roch Family Limited Partnership (Thomas F. Roch, General Partner)    California
Rosow Family Limited Partnership (Stanley M. Rosow, General Partner)    Illinois
Schmitz Family Limited Partnership (Thomas L. Schmitz, General Partner)    Illinois
A.C.J.L. Shafer Family Limited Partnership (Paul M. Shafer, General Partner)    Delaware
Red Rock West Limited Partnership (Janet E. Shepherd, General Partner)    Massachusetts
Wilson Family Limited Partnership (Gerald I. Wilson, General Partner)    Illinois

 

*  Citizenship of each General Partner is United States

     
Limited Liability Companies    Place of Organization
Hewitt Holdings LLC    Illinois
Corporations*    Place of Organization
Groen Participaties B.V. (controlled by Abraham Groen)    Netherlands
Jungman Participaties B.V. (controlled by Alexander Jungman)    Netherlands
Kraak Participaties B.V. (controlled by Cornelis Kraak)    Netherlands
Middelbos Participaties B.V. (controlled by Robertus Middelbos)    Netherlands
Nagtegaal Participaties B.V. (controlled by Andries Nagtegaal)    Netherlands
VanHooff Participaties B.V. (controlled by Cornelis van Hooff)    Netherlands
VanLeeuwen Participaties B.V. (controlled by Jan van Leeuwen)    Netherlands

*  Citizenship of each controlling shareholder is the Netherlands.

     

 

SCHEDULE 13D

 

Item 1. Security and Issuer

 

This statement relates to the Class B common stock, par value $0.01 per share (the “Class B Common Stock”), of Hewitt Associates, Inc., a Delaware corporation (“Hewitt” or the “Issuer”), having its principal executive offices at 100 Half Day Road, Lincolnshire, Illinois 60069. Hewitt is a global human resources outsourcing and consulting firm.

 

Item 2. Identity and Background

 

(a), (b), (c), (f) The cover page to this schedule and Appendix A hereto contain the names of the persons (“Covered Persons”) who beneficially own shares of Class B Common Stock subject to a Stockholders’ Agreement (“Covered Shares”), dated as of July 1, 2003, to which the Covered Persons are parties (as amended from time to time, the “Stockholders’ Agreement”). This filing is being made on behalf of all of the Covered Persons, and their agreement that this filing may be so made is contained in the Stockholders’ Agreement.

 

Appendix A hereto also provides the citizenship or place of organization of each Covered Person. Each Covered Person who is an individual (an “Individual Covered Person”) is a professional employed or formerly employed by Hewitt or one of its affiliates or a permitted transferee of such employee or former employee. Each Covered Person who is not an individual (other than Hewitt Holdings LLC (“Holdings”)) is a trust, limited partnership, limited liability company or corporation created for estate planning purposes by a person who is employed or was formerly employed by Hewitt or one of its affiliates and is or was a member of Holdings (an “owner” or a “Holdings owner”). Each Covered Person listed in Appendix A under the caption “Partnerships” (an “LP Covered Person”) is a limited partnership of which a Holdings owner is a general partner. Each Covered Person listed in Appendix A under the caption “Corporations” (a “Corporate Covered Person”) is controlled by a Holdings owner. The business address of each Covered Person for purposes of this Schedule is 100 Half Day Road, Lincolnshire, Illinois 60069.

 

(d), (e) During the last five years no Covered Person or, to the best knowledge of the Covered Persons, any executive officer or director of a Covered Person, general partner of an LP Covered Person or person controlling a Corporate Covered Person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in such Covered Person being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration

 

In connection with Hewitt’s transition to a corporate structure, Hewitt was formed as a subsidiary of Holdings. In May 2002, Holdings transferred all of its ownership interest in Hewitt Associates LLC to Hewitt thereby making Hewitt Associates LLC a wholly owned subsidiary of Hewitt, the Holdings owners (with the exception of retired Holdings owners) became employees of Hewitt and Hewitt issued 70,819,520 shares of its Class B Common Stock, all of which were held of record by Holdings. Each Holdings owner retained an interest in Holdings and an undivided, indirect interest in the shares of the Class B Common Stock held by Holdings on the owners’ behalf. On July 1, 2003, Holdings distributed the shares of Class B Common Stock to its owners (with the exception of certain shares which will continue to be held by Holdings on behalf of certain owners who reside outside the United States) and in connection therewith, the owners signed the Stockholders’ Agreement.

 

Covered Persons may own and may from time to time acquire shares of Hewitt’s Class A common stock, par value $0.01 per share (the “Class A Common Stock”), which are not subject to the Stockholders’ Agreement, for investment purposes. Such shares of Class A Common Stock may be acquired with personal funds of or funds borrowed by such Covered Person.

 

Item 4. Purpose of Transaction

 

Holdings acquired the shares of Class B Common Stock in connection with Hewitt’s transition to a corporate structure and subsequently distributed the shares to its owners as described in response to Item 3. Please

 

see the response to Item 6 for information regarding the rights and obligations of the Covered Persons with respect to the Covered Shares. The Covered Persons may from time to time acquire shares of Class A Common Stock which are not subject to the foregoing restrictions for investment purposes or upon award of options to purchase Class A Common Stock pursuant to Hewitt’s incentive compensation plan. Except as described in Item 6, none of Holdings or the Covered Persons have any plans or proposals which related to or would result in their acquisition of additional shares of Class B Common Stock or any other events described in Item 4(a) through 4(j) of Schedule 13D.

 

Each Covered Person is expected to evaluate on an ongoing basis Hewitt’s financial condition and prospects and his or her interests in and with respect to Hewitt. Accordingly, each Covered Person may change his or her plans and intentions at any time and from time to time. In particular, each Covered Person may at any time and from time to time acquire or dispose of shares of Class A Common Stock and, subject to certain limitations, Class B Common Stock.

 

Item 5. Interest in Securities of the Issuer

 

(a) Rows (11) and (13) of the cover page to this Schedule 13D and Appendix A are hereby incorporated by reference. Each Covered Person hereby disclaims beneficial ownership of all shares of Class B Common Stock held by any other Covered Person. None of the shares of Class B Common Stock reported in rows (11) and (13) of the cover page to this Schedule are shares as to which there is a right to acquire exercisable within 60 days.

 

(b) Rows (7) through (10) of the cover page to this Schedule 13D and Appendix A are hereby incorporated by reference. With respect to the Covered Shares subject to the Stockholders’ Agreement, the power to vote Covered Shares by Covered Persons is shared with each other Covered Person, as described below in response to Item 6. Each Covered Person hereby disclaims beneficial ownership of all shares of Class B Common Stock held by any other Covered Person.

 

(c) No Covered Person has effected any transaction in the Class B Common Stock during the past 60 days.

 

(d) Not applicable.

 

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Since the time of Hewitt’s transition to a corporate structure and prior to July 1, 2003, Holdings distributed an aggregate of 387,962 shares of Class B Common Stock to certain of its owners who reside outside the United States. On July 1, 2003, Holdings distributed to its owners the remaining shares of Class B Common Stock held on behalf of its owners, with the exception of 2,647,621 shares which it continued to hold on behalf of certain owners who reside outside the United States. Since July 1, 2003, Holdings has distributed an additional 543,636 shares to certain owners who reside outside of the United States. In August, 2003, certain owners participated as selling stockholders in an underwritten secondary offering of Hewitt stock.

 

Stockholders’ Agreement

 

As a condition to receiving shares of Class B Common Stock in the distribution by Holdings, the Holdings owners entered into a Stockholders’ Agreement whereby the shares received in the distribution would continue to be subject to similar restrictions as when the shares were held by Holdings. Hewitt, Holdings and the Holdings owners or their transferees who received shares of Class B Common Stock in the distribution from Holdings to the owners are parties to the Stockholders’ Agreement.

 

Shares Covered. The stockholders agreement covers:

 

  • all shares of Class B Common Stock and Class C common stock, par value $0.01 per share (the “Class C Common Stock”) beneficially owned by each Covered Person at the time such Covered Person entered into the Stockholders’ Agreement,

 

  • any shares of Class B Common Stock and Class C Common Stock as to which a Covered Person acquires beneficial ownership after execution of the Stockholders’ Agreement, and

 

2

  • any shares of Class A Common Stock as to which a Covered Person acquires beneficial ownership upon conversion of the shares of Class B Common Stock or Class C Common Stock beneficially owned by such Covered Person.

 

Shares of Class A Common Stock acquired by Covered Persons in the open market or upon the exercise of stock options granted pursuant to Hewitt’s incentive compensation plans will not be subject to the Stockholders’ Agreement.

 

Transfer Restrictions. The Stockholders’ Agreement contains restrictions on transfer whereby each Covered Person who is an owner or transferee of an owner will be subject to the transfer restrictions described below. Such Covered Persons are referred to as “Owner Covered Persons.” Each Owner Covered Person may not transfer any Covered Shares beneficially owned by such Owner Covered Person until the later to occur of June 27, 2005 or the date which is six months after the consummation of the most recent public offering of Hewitt’s Class A Common Stock prior to June 27, 2005. Each Owner Covered Person may not transfer prior to June 26, 2006 any “goodwill shares” (defined below) beneficially owned by such Owner Covered Person which are still subject to the book to market phase-in discussed below.

 

Book to Market Phase-in. If a Holdings owner’s employment with Hewitt terminates (other than as a result of an owner’s retirement (subject to certain criteria), death or disability) within four years of Hewitt’s initial public offering (which occurred on June 27, 2002) and before the owner reaches the age of 55 with ten years of service with Hewitt, the number of shares held by the owner will be reduced. The shares held by a terminated owner which may be subject to reduction are referred to as “goodwill shares.” Upon completion of Hewitt’s initial public offering, there were approximately 55,600,000 of such shares. The reduction in the number of goodwill shares is a function of the then current book value and market value of the shares and is calculated according to the formula described below. Book value of Hewitt’s Class A Common Stock will be determined as of the end of the immediately preceding fiscal quarter for which Hewitt has reported financial results and market value of Hewitt’s Class A Common Stock will be determined based on the average closing sale price of Hewitt’s Class A Common Stock as quoted on the New York Stock Exchange for the five trading days preceding the date of termination.

 

Specifically, on each anniversary of the initial public offering, if a Holdings owner is one of Hewitt’s employees on that date, such owner’s entitlement to a portion of the goodwill shares will increase, as follows, from book value to market value.

 

     Entitlement to
goodwill
shares at
book value
     Entitlement to
goodwill
shares at
market value
  

On or prior to June 27, 2003

    100 %   0 %

On or after June 27, 2003 to June 26, 2004

    75 %   25 %

On or after June 27, 2004 to June 26, 2005

    50 %   50 %

On or after June 27, 2005 to June 26, 2006

    25 %   75 %

On or after June 27, 2006

    0 %   100 %

 

As to any goodwill shares that a Holdings owner is entitled to receive at market value, such shares will not be subject to surrender by the owner. As to any goodwill shares that an owner is entitled to receive at book value, an owner will surrender a number of shares having an aggregate market value equal to the difference between the market value and the book value of such shares. The surrendered shares will be reallocated to the remaining Holdings owners.

 

If a Holdings owner who is at least 52 years of age and who has been an owner for at least ten years provides twelve months’ prior written notice of intent to retire to the board of directors, such owner will be eligible for a special retiree formula as to entitlement to goodwill shares. Such formula considers the age of the individual and the number of years that person has been an owner. Depending on the combination of these factors, such person would be entitled to between 82% and 100% of his or her goodwill shares at market value at that time.

 

3

Three of Hewitt’s executive officers have agreed to modify their rights to goodwill shares. The Chief Executive Officer, Mr. Gifford, has agreed to waive any enhanced rights to goodwill shares at market value due to retirement prior to June 27, 2006, unless his retirement is initiated by Hewitt’s Board of Directors. Each of Mr. Holland (Chief Operating Officer, North America Region Manager and Director), and Mr. Ryan (Chief Administrative Officer and Corporate Development Leader), have agreed to waive such enhanced rights prior to June 27, 2004, unless his retirement is initiated by Hewitt’s Board of Directors, and during the following two-year period, unless his retirement is approved by Hewitt’s Board of Directors.

 

In the event of a Holdings owner’s death, the estate of such owner will be entitled to 100% of the goodwill shares at market value. In the event of an owner’s disability, the owner will continue to be treated as an active employee during the disability.

 

Voting. The Stockholders’ Agreement provides that prior to any vote of Hewitt’s stockholders, a separate, preliminary vote of all of the Covered Shares owned by the Covered Persons will be held. All of the Covered Shares will then be voted in accordance with the vote of the majority of the votes cast in the preliminary vote. The preliminary vote will be administered by the stockholders’ committee designated in accordance with Hewitt’s Amended and Restated Certificate of Incorporation. Notwithstanding the foregoing, in elections of directors, all Covered Shares owned by Covered Persons will be voted in favor of the election of those persons receiving the highest number of votes cast in the preliminary vote.

 

Term. The Stockholders’ Agreement continues in effect until the first to occur of the termination of the Stockholders’ Agreement by the affirmative vote of the holders of a majority of the Covered Shares, such time as the Covered Shares represent less than 10% of Hewitt’s issued and outstanding shares of common stock, or June 27, 2022. Covered persons are bound by the terms of the Stockholders’ Agreement for as long as they hold Covered Shares. Any termination of the transfer restrictions prior to June 27, 2004 or the book to market phase-in provisions (at any time) would require the approval of the majority of Hewitt’s independent directors.

 

Waivers and Amendments. The transfer restrictions may be waived at any time by the executive committee of Holdings to permit Owner Covered Persons to participate as sellers in underwritten public offerings and stock repurchase programs and tender offers by Hewitt. The executive committee of Holdings, with the approval of the majority of Hewitt’s independent directors if prior to June 27, 2004, may waive the transfer restrictions in order to allow an Owner Covered Person to transfer Covered Shares in particular situations (for example, to immediate family members and trusts). In addition, after June 27, 2004, the executive committee of Holdings may waive the transfer restrictions for any reason it deems appropriate. Any waiver or amendment to the book to market phase-in provisions requires the approval of Hewitt’s independent directors.

 

Subject to the foregoing paragraph, the provisions of the Stockholders’ Agreement may generally be amended or waived by the affirmative vote of the holders of a majority of the Covered Shares. However, any waiver or amendment materially affecting Hewitt’s rights or obligations or the rights or obligations of either of the stockholders’ committee or the executive committee of Holdings requires the approval of the entity so affected.

 

Effects of Change in Control. Following the consummation of a change in control of Hewitt, the transfer restrictions applicable to Owner Covered Persons and the voting provisions discussed above will terminate. The book to market phase-in provisions will not be affected by a change in control and will continue to apply with respect to the Owner Covered Person’s shares in the acquiror. However, if a Holdings owner’s employment with Hewitt or the acquiror is terminated without cause within two years following a change in control, the owner will be entitled to all goodwill shares at market value.

 

Registered Secondary Sales

 

Pursuant to a registration rights agreement entered into in June 2002, Holdings has the right, on behalf of its owners, to request that Hewitt register for underwritten public sale, on each of three occasions, up to 12% of the shares held by its owners, the former partners of Bacon & Woodrow and Hewitt’s and Bacon & Woodrow’s key employees, subject to the determination by Hewitt’s independent directors that such a sale is not contrary to the best interests of Hewitt. The independent directors may consider several factors in making such a determination, including share price performance after the date of the offering, equity market conditions and Hewitt’s operating results. On August 6, 2003, certain selling stockholders sold an aggregate of 9,852,865 shares of Class A Common Stock following a registration request under the registration rights agreement. On August 11, 2003, the underwriters exercised their over-allotment option to purchase an additional 1,477,929 shares from the selling stockholders.

 

4

Hewitt did not receive any proceeds from the sale of the shares and paid for the expenses of the offering, pursuant to the terms of the registration rights agreement. Holdings may not exercise another registration right until February, 2004. Under the registration rights agreement, Hewitt has agreed to indemnify Holdings and the selling stockholders against certain liabilities, including liabilities under the Securities Act of 1933.

 

Minimum Stock Ownership Requirements

 

Holdings owners are required to hold a minimum number of shares while they are employees of Hewitt. Under the option award agreement for the Holdings owners, each Holdings owner is required to maintain beneficial ownership of at least 25% of such owner’s initial goodwill shares while employed by Hewitt.

 

Item 7. Material to be Filed as Exhibits

 

EXHIBIT NO.
   

DESCRIPTION

A    Stockholders’ Agreement by and among Hewitt Associates, Inc., Hewitt Holdings LLC and the Covered Persons signatory thereto dated as of July 1, 2003 (incorporated herein by reference to Exhibit 10.31 to Hewitt Associates, Inc.’s Registration Statement on Form S-3, as amended, Registration No. 333-105560).
B    Transfer Restriction Agreement between Hewitt Holdings LLC and Hewitt Associates, Inc. (incorporated herein by reference to Exhibit 10.11 to Hewitt Associates, Inc.’s Registration Statement on Form S-3, as amended, Registration No. 333-105560).
C    Amended and Restated Registration Rights Agreement between Hewitt Holdings LLC and Hewitt Associates, Inc. (incorporated herein by reference to Exhibit 10.3 to Hewitt Associates, Inc.’s Registration Statement on Form S-3, as amended, Registration No. 333-105560).
D    Ownership Transfer Interest Agreement between Hewitt Holdings LLC and Hewitt Associates, Inc. (incorporated herein by reference to Exhibit 10.18 to Hewitt Associates, Inc.’s Registration Statement on Form S-3, as amended, Registration No. 333-105560).

 

5

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.

 

Dated: January 27, 2004

 

By:   /s/    DAVID L. HUNT        
   
Name:   David L. Hunt
    As Attorney-in-fact

 

6