-----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, LQZQUj8VRrSdptO3sgNIsaQTjS/Kxz13NrDNC1kc/Q+ULsUxVvUvX9pQMv846sG3 gSoBA4iIeJa2AKmlf2crnA== 0000893838-08-000021.txt : 20080208 0000893838-08-000021.hdr.sgml : 20080208 20080208120728 ACCESSION NUMBER: 0000893838-08-000021 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WELLMAN INC CENTRAL INDEX KEY: 0000812708 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MAIL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] IRS NUMBER: 041671740 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38617 FILM NUMBER: 08587650 BUSINESS ADDRESS: STREET 1: 595 SHREWSBURY AVENUE CITY: SHREWSBURY STATE: NJ ZIP: 07702 BUSINESS PHONE: (732)212-3300 MAIL ADDRESS: STREET 1: P.O. BOX 31331 CITY: CHARLOTTE STATE: NC ZIP: 28231 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BESSEMER GROUP INC CENTRAL INDEX KEY: 0001054074 IRS NUMBER: 133093730 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 WOODBRIDGE CENTER DR CITY: WOODBRIDGE STATE: NJ ZIP: 07095-1191 BUSINESS PHONE: 7326945500 MAIL ADDRESS: STREET 1: 100 WOODBRIDGE CENTER DR CITY: WOODBRIDGE STATE: NJ ZIP: 07095-1191 SC 13G/A 1 wellman13g2020808.txt WELLMAN INC. SC 13G AM NO 2 1. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) WELLMAN INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 949702104 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2007 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Pag 1 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 2 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON THE BESSEMER GROUP, INCORPORATED* 13-3093730 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,150 shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER 2,150 shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,150 shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.01% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* HC - ------------- ------------------------------------------------------------------ *The shares reported on this page are the aggregate of the shares reported on pages 3, 4 and 5, as The Bessemer Group, Incorporated is the parent of the other reporting persons. *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 3 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BESSEMER TRUST COMPANY 22-0770670 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER -0- shs. NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- shs. ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER -0- shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* BK - ------------- ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 4 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BESSEMER TRUST COMPANY, N.A.* 13-2792165 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER -0- shs. NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 150 shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- shs. ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER 150 shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 150 shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.00% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* BK - ------------- ------------------------------------------------------------------ *The shares reported on this page include the shares reported on page 6, as Bessemer Trust Company, N.A. is the parent of the other reporting person. *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 5 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BESSEMER TRUST COMPANY OF FLORIDA 59-6067333 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER 2,000 shs. NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,000 shs. ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER -0- shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,000 shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.01% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* BK - ------------- ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 6 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BESSEMER INVESTMENT MANAGEMENT LLC* 52-2303291 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER -0- shs. NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- shs. ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER -0- shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.00% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IA - ------------- ------------------------------------------------------------------ *The shares reported on this page are the same shares reported on page 7, as Bessemer Investment Management LLC is the investment adviser of the other reporting person. *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 11 pages - ------------------- ------------------ CUSIP No. 949702104 13G Page 7 of 11 Pages - ------------------- ------------------ - ------------- ------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON OLD WESTBURY REAL RETURN FUND 20-2413510 - ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ------------- ------------------------------------------------------------------ 3 SEC USE ONLY - ------------- ------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - ---------------------------------- ---------- ---------------------------------- 5 SOLE VOTING POWER -0- shs. NUMBER OF ---------- ---------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- shs. ---------- ---------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- shs. ---------- ---------------------------------- WITH 8 SHARED DISPOSITIVE POWER -0- shs. - ---------------------------------- ---------- ---------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- shs. - ------------- ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------- ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.00% - ------------- ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IV - ------------- ------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 11 pages Item 1. (a) Name of Issuer: Wellman Inc. (b) Address of Issuer's Principal Executive Offices: 1041 521 Corporate Center Drive Fort Mill, South Carolina 29707 Item 2. (a), (b) and (c) Name of Persons Filing, Address of Principal Business Office and Citizenship: ---------------------------------------------------------------------- The Bessemer Group, Incorporated ("BGI") as a parent holding company, Bessemer Trust Company ("BTC"), Bessemer Trust Company, N.A. ("BTNA") and Bessemer Trust Company of Florida ("BTF"), as a group, Bessemer Investment Management LLC ("BIM") and Old Westbury Real Return Fund ("OWRRF"). The filing of this statement by BTC, BTNA and BTF as part of a group does not constitute an admission that any of BTC, BTNA or BTF controls any of the other reporting persons. BTC, BTNA and BTF are each wholly-owned by BGI. BIM is a wholly owned subsidiary of BTNA and is the investment advisor to OWRRF. BTNA may be deemed to control BIM and BIM may be deemed to control OWRRF. BTC, BTNA and BTF are each trust companies that manage accounts for the benefit of others. BIM is a registered investment advisor that furnishes investment advisory services to OWRRF. The holders of the securities referred to in this statement are OWRRF and trusts for the benefit of clients of BTC, BTNA or BTF, of which BTC, BTNA or BTF are trustees or co-trustees, or accounts managed by BTNA, BTC or BTF. BGI and BTC each has its principal business office at 100 Woodbridge Center Drive, Woodbridge, New Jersey 07095-0980. BTNA and BIM each has its principal office at 630 Fifth Avenue, New York, New York 10111. BTF has its principal office at 222 Royal Palm Way, Palm Beach, Florida 33480-4394. OWRRF has its principal business office at 760 Moore Road, King of Prussia, Pennsylvania 19406. BGI is a corporation organized under the laws of Delaware. BTC is a bank organized under the laws of New Jersey. BTNA is a national bank organized under the laws of the United States of America. BTF is a trust company organized under the laws of Florida. BIM is a corporation organized under the laws of Delaware. OWRRF is a series of Old Westbury Funds, Inc., a Maryland corporation and an open-end, management investment company registered under the Investment Company Act of 1940. (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 949702104 Page 8 of 11 pages Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a), (b), (c), (f), (h) and (i) not applicable. (d) [X] Investment company registered under Section 8 of the Investment Company Act of 1940, as to OWRRF. (e) [X] Investment adviser in accordance with Rule13d-1(b)(1)(ii)(E), as to BIM. (g) [X] Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G), as to BGI. (j) [X] Group, in accordance with Rule 13d-1(b)(1)(ii)(J), as to BTC, BTNA and BTF. Item 4. Ownership Items 5 through 9 and Item 11 of Pages 2 through 7 of this Statement are incorporated herein by reference. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following [ X ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Items 1 and 12 of pages 3 through 7 of this Statement are incorporated herein by reference. Item 8. Identification and Classification of Members of the Group BTC, BTNA and BTF are each banks as defined in Section 3(a)(6) of the Securities Exchange Act of 1934, as amended. Item 9. Notice of Dissolution of Group Not applicable. Page 9 of 11 pages Item 10. Certification By signing below, the undersigned certify that, to the best of the knowledge and belief of the undersigned, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Item 11. Signatures After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: January 31, 2008 THE BESSEMER GROUP, INCORPORATED By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director BESSEMER TRUST COMPANY By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director BESSEMER TRUST COMPANY, N.A. By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director BESSEMER TRUST COMPANY OF FLORIDA By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director Page 10 of 11 pages BESSEMER INVESTMENT MANAGEMENT LLC By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director OLD WESTBURY REAL RETURN FUND By: BESSEMER INVESTMENT MANAGEMENT LLC By: /s/ Steven L. Williamson -------------------------------------- Name: Steven L. Williamson Title: Managing Director Page 11 of 11 pages -----END PRIVACY-ENHANCED MESSAGE-----