SC 13D 1 dsc13d.txt SCHEDULE 13D ------------------------------- / OMB APPROVAL / ------------------------------- / OMB Number: 3235-0145 / / Expires: October 31, 1994 / / Estimated average burden / / hours per form........14.90 / ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 14)* Danaher Corporation -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 23585110 ------------------------------------------------------ (CUSIP Number) Michael G. Ryan 2099 Pennsylvania Avenue, NW, 12/th/ Floor Washington, DC 20006-1813 (202) 828-0060 ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 3, 2001 ------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Check the following box if a fee is being paid with the statement [_]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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). SCHEDULE 13D ----------------------------- ---------------------- CUSIP No. 23585110 Page 2 of 8 Pages ----------------- ----------------------------- ---------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings LLC ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 USA ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 14,314,888 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY None ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 14,314,888 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 None ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 14,314,888 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 10.0% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 OO ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D ----------------------------- ---------------------- CUSIP No. 23585110 Page 3 of 8 Pages ----------------- ----------------------------- ---------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings II LLC ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 USA ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 5,000,000 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY None ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 5,000,000 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 None ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 5,000,000 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.5% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 OO ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D -------------------------- --------------------------- CUSIP No. 23585110 Page 4 of 8 Pages -------------------------- --------------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings III LLC ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 USA ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 12,000,000 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY None ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 12,000,000 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 None ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 12,000,000 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 8.4% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 OO ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D -------------------------- -------------------------- CUSIP No. 23585110 Page 5 of 8 Pages -------------------------- -------------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Steven M. Rales ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 USA ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 4,009,750 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 31,314,888 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 4,009,750 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 31,314,888 ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 35,324,638 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 24.8% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D ------------------------- --------------------------- CUSIP No. 23585110 Page 6 of 8 Pages ------------------------- --------------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Mitchell P. Rales ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 USA ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 2,333,389 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 31,314,888 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 2,333,389 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 31,314,888 ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 33,648,277 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 23.6% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. --------------------- ----------------------- CUSIP No. 23585110 Page 7 of 8 Pages -------- --------------------- ----------------------- This Amendment No. 14 is being filed to report the transfer of 2,875,000 shares of Danaher common stock from Equity Group Holdings LLC to each of Steven M. Rales and Mitchell P. Rales and the sale by each of Steven M. Rales and Mitchell P. Rales of 2,875,000 shares of Danaher common stock on Form S-3 (Registration No. 333-59740). Steven M. Rales and Mitchell P. Rales are the sole members of Equity Group Holdings LLC, Equity Group Holdings II LLC and Equity Group Holdings III LLC. This Amendment No. 14 to Schedule 13D amends and supplements, in accordance with Rule 13d-2, the Schedule 13D and amendments thereto previously filed by and on behalf of the Reporting Persons. Item 5. Interest in Securities of the Issuer Item 5 is hereby amended and supplemented as follows: As of the date hereof, Equity Group Holdings LLC is the beneficial owner of 14,314,888 Shares, representing approximately 10.0% of the 142,530,545 Shares outstanding on April 18, 2001, as represented in the Issuer's Form 10-Q for the quarter ended March 31, 2001. As of the date hereof, Equity Group Holdings II LLC is the beneficial owner of 5,000,000 Shares representing approximately 3.5% of the 142,530,545 Shares outstanding on April 18, 2001, as represented in the Issuer's Form 10-Q for the quarter ended March 31, 2001. As of the date hereof, Equity Group Holdings III LLC is the beneficial owner of 12,000,000 Shares representing approximately 8.4% of the 142,530,545 Shares outstanding on April 18, 2001, as represented in the Issuer's Form 10-Q for the quarter ended March 31, 2001. As of the date hereof, Mitchell P. Rales is the beneficial owner of 33,648,277 Shares representing approximately 23.6% of the 142,530,545 Shares outstanding on April 18, 2001, as represented in the Issuer's Form 10-Q for the quarter ended March 31, 2001. As of the date hereof, Steven M. Rales is the beneficial owner of 35,324,638 Shares representing approximately 24.8% of the 142,530,545 Shares outstanding on April 18, 2001, as represented in the Issuer's Form 10-Q for the quarter ended March 31, 2001. The Shares beneficially owned by each of Steven M. Rales and Mitchell P. Rales include Shares pledged as collateral to secure a loan of Shares to each of them by Capital Yield Corporation. ------------------------ -------------------------- CUSIP No. 23585110 Page 8 of 8 Pages -------- ------------------------ -------------------------- SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: June 8, 2001 ------------------ By: /s/ Steven M. Rales ---------------------------------- Steven M. Rales By: /s/ Mitchell P. Rales ---------------------------------- Mitchell P. Rales EQUITY GROUP HOLDINGS LLC By: /s/ Michael G. Ryan ---------------------------------- Michael G. Ryan, Vice President EQUITY GROUP HOLDINGS II LLC By: /s/ Michael G. Ryan ---------------------------------- Michael G. Ryan, Vice President EQUITY GROUP HOLDINGS III LLC By: /s/ Michael G. Ryan ---------------------------------- Michael G. Ryan, Vice President