-----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, HOqJyqoR3XqfCVT0axoktC7tIW4gAciWa+MgvKBzowwsqxfhVzFfsjzh6Gk6PdD3 WLj7ayEz77L9fQk369WCpg== 0000950172-99-000281.txt : 19990325 0000950172-99-000281.hdr.sgml : 19990325 ACCESSION NUMBER: 0000950172-99-000281 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990323 GROUP MEMBERS: BARNARD J. GOTTSTEIN REVOCABLE TRUST GROUP MEMBERS: BARNARD J. GOTTSTEIN, AS TRUSTEE GROUP MEMBERS: GOTTSTEIN BARNARD J SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ESC MEDICAL SYSTEMS LTD CENTRAL INDEX KEY: 0001004945 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-54169 FILM NUMBER: 99570280 BUSINESS ADDRESS: STREET 1: YOKNEAM INDUSTRIAL PK CITY: YOKNEAM ISRAEL 20692 STATE: L5 ZIP: 00000 BUSINESS PHONE: 9729599000 MAIL ADDRESS: STREET 1: 100 CRESENT ROAD CITY: NEEDHAM STATE: MA ZIP: 02194 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOTTSTEIN BARNARD J CENTRAL INDEX KEY: 0001071874 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O CARR GOTTSTEIN PROPERTIES STREET 2: 550 WEST 7TH AVE SUITE 1540 CITY: ANCHORAGE STATE: AL ZIP: 99501 BUSINESS PHONE: 9072782277 MAIL ADDRESS: STREET 1: C/O CARR GOTTSTEIN PROPERTIES STREET 2: 550 WEST 7TH AVENUE SUITE 1540 CITY: ANCHORAGE STATE: AK ZIP: 99501 SC 13D/A 1 SCHEDULE 13D - AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 3) ESC Medical Systems Ltd. (Name of Issuer) Ordinary Shares, NIS 0.10 par value per share (Title of Class of Securities) M40868107 (CUSIP Number) Barnard J. Gottstein Carr-Gottstein Properties 550 West 77th Avenue, Suite 1540 Anchorage, Alaska 99501 (907) 278-2277 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with a copy to: Joseph J. Giunta, Esq. Skadden, Arps, Slate, Meagher & Flom LLP 300 South Grand Avenue, Suite 3400 Los Angeles, California 90071-3144 (213) 687-5000 March 22, 1999 (Date of Event which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: / / CUSIP No. M40868107 13D ---------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barnard J. Gottstein, as trustee of the Barnard J. Gottstein Revocable Trust ---------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* ___ (a)/ / (b)/X / ---------------------------------------------------------------------------- (3) SEC USE ONLY ---------------------------------------------------------------------------- (4) SOURCE OF FUNDS* PF, OO ---------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ___ / X/ ---------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES ---------------------------------------------------------------------------- : (7) SOLE VOTING POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER OWNED BY EACH REPORTING : 0 PERSON WITH :---------------------------------------- : (9) SOLE DISPOSITIVE POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- :(10) SHARED DISPOSITIVE POWER : 0 ---------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,932,134 shares held by the Barnard J. Gottstein Revocable Trust, for which Barnard J. Gottstein serves as Trustee. ---------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / ---------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.42% ---------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN CUSIP No. M40868107 13D ---------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barnard J. Gottstein Revocable Trust ---------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* ___ (a)/ / (b)/X / ---------------------------------------------------------------------------- (3) SEC USE ONLY ---------------------------------------------------------------------------- (4) SOURCE OF FUNDS* PF, 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 Washington ---------------------------------------------------------------------------- : (7) SOLE VOTING POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER OWNED BY EACH REPORTING : 0 PERSON WITH :---------------------------------------- : (9) SOLE DISPOSITIVE POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- :(10) SHARED DISPOSITIVE POWER : 0 ---------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,932,134 shares held by the Barnard J. Gottstein Revocable Trust, for which Barnard J. Gottstein serves as Trustee. ---------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / ---------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.42% --------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* OO CUSIP No. M40868107 13D ---------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barnard J. Gottstein ---------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* ___ (a)/ / (b)/X / ---------------------------------------------------------------------------- (3) SEC USE ONLY ---------------------------------------------------------------------------- (4) SOURCE OF FUNDS* PF, OO ---------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ___ / X/ ---------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES ---------------------------------------------------------------------------- : (7) SOLE VOTING POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING POWER OWNED BY EACH REPORTING : 0 PERSON WITH :---------------------------------------- : (9) SOLE DISPOSITIVE POWER : 1,932,134 shares held by : the Barnard J. Gottstein : Revocable Trust, for which : Barnard J. Gottstein serves : as Trustee. :---------------------------------------- :(10) SHARED DISPOSITIVE POWER : 0 ---------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,932,134 shares held by the Barnard J. Gottstein Revocable Trust, for which Barnard J. Gottstein serves as Trustee. ---------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / ---------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.42% ---------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* IN CUSIP No. M40868107 13D This Amendment No. 3 (the "Amendment") amends and supplements the Statement on Schedule 13D, dated September 29, 1998, as amended by Amendment No. 1, dated January 15, 1999, and Amendment No. 2, dated March 9, 1999 (the "Original Schedule 13D"), relating to the Ordinary Shares, par value NIS 0.10 per share (the "Shares"), of ESC Medical Systems Ltd., an Israeli corporation (the "Company"). Each of the Barnard J. Gottstein Revocable Trust, Barnard J. Gottstein, as trustee of the Barnard J. Gottstein Revocable Trust, and Barnard J. Gottstein, as an individual (collectively, the "Reporting Persons"), are filing this Amendment to update the information with respect to the Reporting Persons' purposes and intentions with respect to the Shares. As previously discussed in the Original Schedule 13D, Mr. Gottstein has reached an understanding with Mr. Arie Genger (who has previously filed his own Schedule 13D along with TPR Investment Associates, Inc., Trans-Resources, Inc., Haifa Chemicals Ltd. and Haifa Chemicals Holdings Ltd. (all of which are directly or indirectly controlled by Mr. Genger, being collectively called the "TRI Entities")) to work together to achieve certain of these purposes, with the result that the Reporting Persons may be deemed to have formed a "group" with the TRI Entities. The Reporting Persons and the TRI Entities expressly disclaim any such "group" membership between the Reporting Persons and the TRI Entities. ITEM 4. PURPOSE OF TRANSACTION. Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: On March 22, 1999, the legal representative of Mr. Arie Genger and Mr. Barnard J. Gottstein sent a letter to the legal representative of the Company, advising the Company of the names of the directors that have been proposed by Messrs. Genger and Gottstein to replace two management directors (other than Dr. Eckhouse) and one non-management director selected by the Company's present Board of Directors (other than the representative of Trans-Resources, Inc.). A copy of such letter is attached hereto as Exhibit 2. Other than as described above and as previously described in the Original Schedule 13D, the Reporting Persons do not have any present plans or proposals which relate to or would result in (although they reserve the right to develop such plans or proposals) any transaction, change or event specified in clauses (a) through (j) of Item 4 of the form of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 of the Original Schedule 13D is hereby amended as follows: (a) The percentage of the class of such Shares beneficially owned by the Reporting Persons is 7.42%. The percentage is based upon 26,027,000 Shares, which represents the weighted average number of shares outstanding during the three-month and twelve-month periods ended December 31, 1998, as reported in the Company's Form 6-K which was filed with the Securities and Exchange Commission on February 16, 1999. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Item 7 of the Original Schedule 13D is hereby amended to add the following exhibit: Exhibit 2: Letter, dated March 22, 1999, from the legal representative of Messrs. Genger and Gottstein to the legal representative of the Company 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: March 22, 1999 /s/ Barnard J. Gottstein ------------------------------------ Barnard J. Gottstein Individually and as Trustee of the Barnard J. Gottstein Revocable Trust BARNARD J. GOTTSTEIN REVOCABLE TRUST /s/ Barnard J. Gottstein ------------------------------------- Barnard J. Gottstein Trustee EXHIBIT INDEX Exhibit Number Title Page 2 Letter, dated March 22, 1999, from 9 Mr. Barnard J. Gottstein and Mr. Arie Genger to the Company EX-99 2 EXHIBIT 2 - LETTER Exhibit 2 March 22, 1999 VIA FACSIMILE Mr. Gene Kleinhendler Kleinhendler & Halevy 30 Kalisher St. Tel Aviv, Israel 65257 Re: ESC Medical Systems Ltd. (the "Company") Dear Gene: As per your request today, attached please find the curricula vitae of the four individuals proposed by Messrs. Genger and Gottstein as replacements and/or additions to the restructured Board of Directors of the Company. As previously proposed, three of these individuals would replace two management directors (other than Dr. Eckhouse) and one non-management director selected by the present Board (other than Mr. Hardy). The fourth nominee would be added as a new director. With respect to any previous acquaintances between Messrs. Genger or Gottstein and any of the four nominees, we note that Mr. Genger first met Mr. Friedman this past Monday and was very impressed with his accomplishments. Mr. Dovrat, as his curriculum vitae indicates, is a very well known entity in Israel with whom neither Messrs. Genger nor Gottstein have had any prior business relationship. Both Messrs. Spencer and Tadmor are outside, independent directors of TRI or its affiliated entities and neither is an employee of Mr. Genger or any of his affiliates. With the change in the composition of the Board as proposed above, neither management, Mr. Gottstein nor Mr. Genger will control a majority of the Board of Directors of the Company. Accordingly, we respectfully request the Board's assent to the addition of the foregoing individuals to the restructured Board as outlined above and further request that we receive the Board's reply within 24 hours. Very truly yours, /s/ Joseph J. Giunta JJG:C cc: Barnard Gottstein Arie Genger List of Individuals Proposed by Messrs. Genger and Gottstein (curricula vitae intentionally omitted) 1. Philip Friedman 2. Aharon Dovrat 3. S.A. Spencer 4. Professor Zehev Tadmor -----END PRIVACY-ENHANCED MESSAGE-----