-----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, ClW1AMBlvve/n0drV4VyYFnDw/JS8NtYQ5aea+8CkRx2Gb1sagGKpL7JKgm8Jf0W VK0FW2rAp24zRm9pamJ98w== 0000912057-02-018541.txt : 20020506 0000912057-02-018541.hdr.sgml : 20020506 ACCESSION NUMBER: 0000912057-02-018541 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020506 GROUP MEMBERS: AVY H. STEIN GROUP MEMBERS: DANIEL H. BLUMENTHAL GROUP MEMBERS: DANIEL M. GILL GROUP MEMBERS: JOHN R. WILLIS GROUP MEMBERS: WILLIS STEIN & PARTNERS, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RACING CHAMPIONS CORP CENTRAL INDEX KEY: 0001034239 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISC DURABLE GOODS [5090] IRS NUMBER: 364088307 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52897 FILM NUMBER: 02634550 BUSINESS ADDRESS: STREET 1: 800 ROOSEVELT ROAD BUILDING C SUITE 320 CITY: GLEN ELLYN STATE: IL ZIP: 60137 BUSINESS PHONE: 6307903507 MAIL ADDRESS: STREET 1: 800 ROOSEVELT RD BLDG C STE 320 STREET 2: 800 ROOSEVELT RD BLDG C STE 320 CITY: GLEN ELLYN STATE: IL ZIP: 60137 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WILLIS STEIN & PARTNERS L P CENTRAL INDEX KEY: 0001000889 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 227 W MONROE STREET 2: STE 4300 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3124222400 MAIL ADDRESS: STREET 1: 227 W MONROE STREET STREET 2: SUITE 4300 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G/A 1 a2078578zsc13ga.txt SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------------- SCHEDULE 13G (Rule 13d-l02) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c) AND (d) AND AMENDMENTS THERETO FILE PURSUANT TO RULE 13d-2(b) (Amendment No. 1)* Racing Champions Ertl Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 750069106 - -------------------------------------------------------------------------------- (CUSIP Number) April 3, 2002 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) / / Rule 13d-1(c) /X/ 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 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). Page 1 of 11 Pages CUSIP No. 750069106 13G Page 2 of 11 Pages - --------------------------- --------------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Willis Stein & Partners, L.P. - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY --------------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON -0- WITH --------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- --------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ================================================================================ *See Instructions Before Filling Out! CUSIP No. 750069106 13G Page 3 of 11 Pages - --------------------------- --------------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Willis Stein & Partners, L.L.C. - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ================================================================================ CUSIP No. 750069106 13G Page 4 of 11 Pages - ----------------------------- ----------------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON John R. Willis - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Citizen of the United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ CUSIP No. 750069106 13G Page 5 of 11 Pages - ------------------------------ ------------------------------ ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Avy H. Stein - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Citizen of the United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ CUSIP No. 750069106 13G Page 6 of 11 Pages - ----------------------------- ----------------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Daniel M. Gill - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Citizen of the United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ CUSIP No. 750069106 13G Page 7 of 11 Pages - ------------------------------- ------------------------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Daniel H. Blumenthal - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Citizen of the United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- --------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- --------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) -0- - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ CUSIP No. 750069106 13G Page 8 of 11 Pages - ---------------------------- ---------------------------- ITEM 1(a) NAME OF ISSUER: Racing Champions Ertl Corporation ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 800 Roosevelt Road Building C, Suite 320 Glen Elyn, Illinois 60137 ITEM 2(a) NAME OF PERSON FILING: This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13-d(1)(k) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Act: Willis Stein & Partners, L.P. ("WSLP") Willis Stein & Partners, L.L.C. ("WSLLC") John R. Willis ("WILLIS") Avy H. Stein ("STEIN") Daniel M. Gill ("GILL") Daniel H. Blumenthal ("BLUMENTHAL") or collectively, the "Reporting Persons." The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as EXHIBIT A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. The Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Act. Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this statement held by any other person. The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Schedule 13G. ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is One North Wacker Drive, Suite 4800, Chicago, Illinois 60606. ITEM 2(c) CITIZENSHIP: CUSIP No. 750069106 13G Page 9 of 11 Pages - ----------------------------- ----------------------------- WSLP is organized as a limited partnership under the laws of the State of Delaware. WSLLC is organized as a limited liability company under the laws of the State of Delaware. Messrs. Willis, Stein, Gill and Blumenthal are citizens of the United States of America. ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.01 per share ITEM 2(e) CUSIP NUMBER: 750069106 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) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (e) [ ] Investment Adviser in accordance with Section 240.13d-1 (b)(1)(ii)(E) (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with Section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G) (h) [ ] Savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (j) [ ] Group, in accordance with Section 230.13d-1(b)(1)(ii)(J) This Schedule is not being filed pursuant to Rule 13d-1(b) or Rule 13d-2(b) or (c) and, therefore, none of the above are applicable. ITEM 4 OWNERSHIP: (a) Amount beneficially owned: -0- (b) Percent of class: -0- (c) Number of shares as to which such person has: CUSIP No. 750069106 13G Page 10 of 11 Pages - ---------------------------- ---------------------------- (i) Sole power to vote or to direct the vote: -0- (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: -0- (iv) Shared power to dispose or to direct the disposition of: -0- 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 each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: See response to Item 4. ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not applicable. ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. ITEM 9 NOTICE OF DISSOLUTION OF GROUP: Not applicable. ITEM 10 CERTIFICATIONS: Not applicable. CUSIP No. 750069106 13G Page 11 of 11 Pages - ------------------------------ ------------------------------ SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: April 30, 2002 WILLIS STEIN & PARTNERS, L.P. By: WILLIS STEIN & PARTNERS, L.L.C. Its: General Partner By: /s/ Avy H. Stein -------------------------------- Avy H. Stein Its: Founding Member WILLIS STEIN & PARTNERS, L.L.C. By: /s/ Avy H. Stein ------------------------------- Avy H. Stein Its: Founding Member /s/ John R. Willis ------------------------------------ John R. Willis /s/ Avy H. Stein ------------------------------------ Avy H. Stein /S/ Daniel M. Gill ------------------------------------ Daniel M. Gill /S/ Daniel H. Blumenthal ------------------------------------ Daniel H. Blumenthal EXHIBIT A AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G The undersigned hereby agree as follows: (1) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (2) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: April 30, 2002 WILLIS STEIN & PARTNERS, L.P. By: WILLIS STEIN & PARTNERS, L.L.C. Its: General Partner By: /s/ Avy H. Stein ----------------------------- Avy H. Stein Its: Founding Member WILLIS STEIN & PARTNERS, L.L.C. By: /s/ Avy H. Stein ---------------------------- Avy H. Stein Its: Founding Member /s/ John R. Willis --------------------------------- John R. Willis /s/ Avy H. Stein -------------------------------- Avy H. Stein /s/ Daniel M. Gill ------------------------------- Daniel M. Gill /s/ Daniel H. Blumenthal ------------------------------- Daniel H. Blumenthal -----END PRIVACY-ENHANCED MESSAGE-----