-----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, KchXsnXJlZN/pnlLuRORsZVA9/1C+oq2GG6UAfRFqJdJiVJf7t+2oKqCJPFtesk6 tSpnyAEPoGChM4S92Foc0A== 0000902664-03-000160.txt : 20030210 0000902664-03-000160.hdr.sgml : 20030210 20030210160857 ACCESSION NUMBER: 0000902664-03-000160 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030207 FILED AS OF DATE: 20030210 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: WATERFALL JOHN C CENTRAL INDEX KEY: 0001212661 RELATIONSHIP: OWNER FILING VALUES: FORM TYPE: 4/A MAIL ADDRESS: STREET 1: C/O WATERFALL VINTIADIS & CO STREET 2: 600 5TH AVE CITY: NEW YORK STATE: NY ZIP: 10020 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DARLING INTERNATIONAL INC CENTRAL INDEX KEY: 0000916540 STANDARD INDUSTRIAL CLASSIFICATION: FATS & OILS [2070] IRS NUMBER: 362495346 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13323 FILM NUMBER: 03547485 BUSINESS ADDRESS: STREET 1: 251 O CONNOR RIDGE BLVD STREET 2: STE 300 CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9727170300 MAIL ADDRESS: STREET 1: 251 OCONNOR RIDGE BLVD STREET 2: #300 CITY: IRVING STATE: TX ZIP: 75038 4/A 1 srz9357111v8.txt FORM 4/A - -------- ----------------------------- FORM 4 OMB APPROVAL - -------- ----------------------------- - ----- Check this box if no longer OMB Number: 3235-0287 X subject to Section 16. Form 4 Expires: September 30, 2002 - ----- or Form 5 obligations may Estimated average burden continue. SEE Instruction 1(b). hours per response .... 0.5 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 (Print or Type Responses) - ---------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Waterfall John C. - --------------------------------------------------- (Last) (First) (Middle) c/o Morgens, Waterfall, Vintiadis & Company, Inc. 600 Fifth Avenue - ---------------------------------------------------- (Street) New York, NY 10020 - ---------------------------------------------------- (City) (State) (Zip) - ---------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Darling International Inc. DAR - --------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) - ---------------------------------------------------------------------------- 4. Statement for Month/Day/Year 2/07/03 - --------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) 1/03/03 - --------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [X] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) - - --------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [ ] Form filed by One Reporting Person [X] Form filed by More than One Reporting Person - - --------------------------------------------------------------------------- TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------ 1. Title of Security 2.Trans- 3. Trans- 4. Securities Acquired (A) (Instr. 3) action action or Disposed of (D) Date Code (Instr. 3, 4 and 5) (Month/ (Instr. 8) -------------------------- Day/ ----------- Amount (A) or Price Year) Code V (D) - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/03/03 S 5,300 (1) D $1.81/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/06/03 S 4,700 (1) D $1.89/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/07/03 S 5,300 (1) D $1.87/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/09/03 S 144,300 (1) D $1.89/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/10/03 S 100,000 (1) D $1.95/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/14/03 S 17,800 (2) D $2.29/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/15/03 S 13,700 (2) D $2.14/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/16/03 S 21,100 (2) D $2.10/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/17/03 S 7,800 (2) D $2.08/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/21/03 S 11,800 (2) D $2.08/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/23/03 S 34,300 (2) D $2.00/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 1/24/03 S 6,500 (2) D $2.03/share - ----------------------------------------------------------------------------- Common Stock, par value $.01 per share 2/07/03 S 12,400 (2) D $2.15/share 5. Amount of 6. Ownership 7. Nature of Securities Form: Direct Indirect Beneficially (D) or Indirect Beneficial Owned following (I) (Instr. 4) Ownership Reported (Instr. 4) Transaction(s) (Instr. 3 and 4) - ----------------------------------------------------------------------------- 6,310,873 I (3) - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ----------------------------------------------------------------------------- 1. Title of Derivative 2. Conver- 3. Transac- 4. Transac- 5. Number of Security (Instr. 3) sion or tion Date tion Code Derivative Exercise (Month/ (Instr. 8) Securities Price of Day/ ------------ Acquired (A) Deriv- Year) Code V or Disposed ative of (D)(Instr. Security 3, 4, and 5) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 44 (4) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 516 (5) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 88 (6) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 124 (7) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 726 (8) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 134 (9) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 32 (10) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 507 (11) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 1,001 (12) - ----------------------------------------------------------------------------- Option - right to buy $0.56 5/31/02 X D 828 (13) - ----------------------------------------------------------------------------- 6. Date Exer- 7. Title and Amount 8. Price of 9. Number of cisable and Ex- of Underlying Derivative Derivative piration Date Securities Security Securities (Month/Day/ (Instr. 3 and 4) (Instr. 5) Beneficially Year) ------------------- Owned Following - ------------------ Amount or Reportable Date Expira- Title Number of Transaction(s) Exer- tion Shares (Instr. 4) cisable Date - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 44(15) 2,278 (25) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 516(16) 26,571 (26) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 88(17) 4,532 (27) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 124(18) 6,374 (28) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 726(19) 37,388 (29) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 134(20) 6,880 (30) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 32(21) 1,648 (31) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 507(22) 26,096 (32) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 1,001(23) 51,561 (33) (14) Stock - ------------------------------------------------------------------------------- 5/10/02 8/10/02 Common 828(24) 42,672 (34) (14) Stock - ------------------------------------------------------------------------------- 10. Ownership 11. Nature of Form of Indirect Derivative Beneficial Security: Ownership Direct (D) or (Instr. 4) Indirect (I) (Instr. 4) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- I (35) - ----------------------------------------------------------------------------- Explanation of Responses (1) Represents shares sold by Phaeton International(BVI),Ltd. and Phoenix Partners, L.P. as follows: PHAETON INTERNATIONAL (BVI), LTD. PHOENIX PARTNERS, L.P --------------------------------- --------------------- 1/03/03 2,200 shares 3,100 shares 1/06/03 1,900 shares 2,800 shares 1/07/03 2,100 shares 3,200 shares 1/09/03 58,600 shares 85,700 shares 1/10/03 40,600 shares 59,400 shares (2) Represents shares sold by Endowment Restart LLC. (3) The designated Reporting Person (as set forth in Item 1) may be considered part of a group consisting of the following direct owners: Phoenix Partners, L.P. (0 shares after the transactions reported herein), Morgens Waterfall Income Partners, L.P. (226,307 shares), Phaeton International(BVI), Ltd. (0 shares after the transactions reported herein), Restart Partners, L.P. (858,097 shares), Restart Partners II, L.P. (1,695,419 shares), Restart Partners III, L.P. (1,403,265 shares), Restart Partners IV, L.P. (873,798 shares) and Restart Partners V, L.P. (150,000 shares). The designated Reporting Person may be considered part of a group consisting of Morgens, Waterfall, Vintiadis & Company, Inc. as an indirect owner of the shares directly owned by Endowment Restart LLC (1,103,987 shares). Each Reporting Person hereby disclaims that it has a beneficial interest in the securities owned, directly or indirectly, by any other entity. (4) Represents 44 options granted to Betje Partners, L.P. on 3/15/02. (5) Represents 516 options granted to Restart Partners IV, L.P. on 3/15/02. (6) Represents 88 options granted to Phaeton International(BVI),Ltd. on 3/15/02. (7) Represents 124 options granted to Phoenix Partners, L.P. on 3/15/02. (8) Represents 726 options granted to Endowment Restart LLC on 3/15/02. (9) Represents 134 options granted to Morgens Waterfall Income Partners, L.P. on 3/15/02. (10) Represents 32 options granted to MWV Employee Retirement Plan Group Trust on 3/15/02. (11) Represents 507 options granted to Restart Partners, L.P. on 3/15/02. (12) Represents 1,001 options granted to Restart Partners II, L.P. on 3/15/02. (13) Represents 828 options granted to Restart Partners III, L.P. on 3/15/02. (14) Options to purchase 1,000 shares originally became exercisable on each of the following dates: 9/15/02, 3/15/03, 9/15/03, 3/15/04; however, pursuant to a change of control acceleration provision in the applicable plan, the options reported herein became exercisable effective 5/10/02. (15) Represents options exercised on 5/31/02 by Betje Partners, L.P. (16) Represents options exercised on 5/31/02 by Restart Partners IV, L.P. (17) Represents options exercised on 5/31/02 by Phaeton International(BVI), Ltd. (18) Represents options exercised on 5/31/02 by Phoenix Partners, L.P. (19) Represents options exercised on 5/31/02 by Endowment Restart LLC. (20) Represents options exercised on 5/31/02 by Morgens Waterfall Income Partners, L.P. (21) Represents options exercised on 5/31/02 by MWV Employee Retirement Plan Group Trust. (22) Represents options exercised on 5/31/02 by Restart Partners, L.P. (23) Represents options exercised on 5/31/02 by Restart Partners II, L.P. (24) Represents options exercised on 5/31/02 by Restart Partners III, L.P. (25) Represents options beneficially owned by Betje Partners, L.P. (26) Represents options beneficially owned by Restart Partners IV, L.P. (27) Represents options beneficially owned by Phaeton International(BVI), Ltd. (28) Represents options beneficially owned by Phoenix Partners, L.P. (29) Represents options beneficially owned by Endowment Restart LLC. (30) Represents options beneficially owned by Morgens Waterfall Income Partners, L.P. (31) Represents options beneficially owned by MWV Employee Retirement Plan Group Trust. (32) Represents options beneficially owned by Restart Partners, L.P. (33) Represents options beneficially owned by Restart Partners II, L.P. (34) Represents options beneficially owned by Restart Partners III, L.P. (35) The designated Reporting Person may be considered part of a group consisting of the following direct owners: Betje Partners, L.P. (2,278 options), Restart Partners IV, L.P. (26,571 options), Phaeton International(BVI),Ltd. (4,532 options), Phoenix Partners, L.P. (6,374 options), Morgens Waterfall Income Partners, L.P. (6,880 options), MWV Employee Retirement Plan Group Trust (1,648 options), Restart Partners, L.P. (26,096 options), Restart Partners II, L.P. (51,561 options), and Restart Partners III, L.P. (42,672 options). The designated Reporting Person may be considered part of a group consisting of Morgens, Waterfall, Vintiadis & Company, Inc. as an indirect owner of the options directly owned by Endowment Restart LLC (37,388 options). Each Reporting Person hereby disclaims that it has a beneficial interest in the securities owned, directly or indirectly, by any other entity. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space is insufficient, SEE Instruction 6 for procedure. /s/ John C. Waterfall 2/10/03 ------------------------------------ -------- By: John C. Waterfall, Attorney-in-Fact **Signature of Reporting Person Date -----END PRIVACY-ENHANCED MESSAGE-----