-----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, IOGSh/P/R4HbdSpgOnUD7uqpWL92S6Jb0Fyl8v5pR31AFl2yWuKIf3m35Q+e+L9u ftzP+bPO8v4zS62IcpexfA== 0001047469-98-041655.txt : 19981119 0001047469-98-041655.hdr.sgml : 19981119 ACCESSION NUMBER: 0001047469-98-041655 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981118 GROUP MEMBERS: CONSOLIDATED ELECTRICAL DISTRIBUTORS, INC. GROUP MEMBERS: CONSOLIDATEDELECTRICALDISTRIBUTORSINC,EMPLRTRMNTPLN GROUP MEMBERS: EDMUNDSON INTERNATIONAL INC GROUP MEMBERS: LINCOLNSHIRE ASSOCIATES, LTD. GROUP MEMBERS: PORTSHIRE CORP. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INDUSTRIAL DISTRIBUTION GROUP INC CENTRAL INDEX KEY: 0001042351 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080] IRS NUMBER: 582299339 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-52071 FILM NUMBER: 98754696 BUSINESS ADDRESS: STREET 1: 2500 ROYAL PLACE CITY: TUCKER STATE: GA ZIP: 30084 BUSINESS PHONE: 7702439000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EDMUNDSON INTERNATIONAL INC CENTRAL INDEX KEY: 0001064700 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 953338981 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 31356 VIA COLINAS CITY: WESTLAKE VILLAGE STATE: CA ZIP: 90025 BUSINESS PHONE: 3104772418 MAIL ADDRESS: STREET 1: C/O CONSOLIDATED ELECTRICAL DISTRIBUTORS STREET 2: 1516 PONTIUS AVE CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13D/A 1 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------- SCHEDULE 13D AMENDMENT NO. 3 (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) Industrial Distribution Group, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, par value $0.01 - -------------------------------------------------------------------------------- (Title of Class of Securities) 45061100 - -------------------------------------------------------------------------------- CUSIP Number Edmundson International, Inc. 31356 Via Colinas Westlake Village, California 91362 (818) 991-9000 with a copy to: Timothy G. Hoxie, Esq. Heller Ehrman White & McAuliffe 333 Bush Street San Francisco, California 94104 (415) 772-6052 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) November 16, 1998 ----------------------------- (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 statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: (Continued on following pages) (Page 1 of 10 Pages) CUSIP NO. 45061100 13D Page 2 of 10 pages -------- AMENDMENT NO. 3 - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS Edmundson International, Inc. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY OWNED 8) SHARED VOTING POWER 772,000 BY -------------------------------------------------------------- EACH REPORTING 9) SOLE DISPOSITIVE POWER -0- PERSON -------------------------------------------------------------- WITH 10) SHARED DISPOSITIVE POWER 772,000 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 772,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.7% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP NO. 45061100 13D Page 3 of 10 pages -------- AMENDMENT NO. 3 - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS Consolidated Electrical Distributors, Inc. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY OWNED 8) SHARED VOTING POWER 772,000 BY -------------------------------------------------------------- EACH REPORTING 9) SOLE DISPOSITIVE POWER -0- PERSON -------------------------------------------------------------- WITH 10) SHARED DISPOSITIVE POWER 772,000 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 772,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.7% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP NO. 45061100 13D Page 4 of 10 pages -------- AMENDMENT NO. 3 - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS Portshire Corp. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY OWNED 8) SHARED VOTING POWER 60,000 BY -------------------------------------------------------------- EACH REPORTING 9) SOLE DISPOSITIVE POWER -0- PERSON -------------------------------------------------------------- WITH 10) SHARED DISPOSITIVE POWER 60,000 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 60,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- CUSIP NO. 45061100 13D Page 5 of 10 pages -------- AMENDMENT NO. 3 - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS Lincolnshire Associates, Ltd. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER -0- SHARES -------------------------------------------------------------- BENEFICIALLY OWNED 8) SHARED VOTING POWER 60,000 BY -------------------------------------------------------------- EACH REPORTING 9) SOLE DISPOSITIVE POWER -0- PERSON -------------------------------------------------------------- WITH 10) SHARED DISPOSITIVE POWER 60,000 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 60,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- CUSIP NO. 45061100 13D Page 6 of 10 pages -------- AMENDMENT NO. 3 - -------------------------------------------------------------------------------- 1) NAMES OF REPORTING PERSONS Employees' Retirement Plan of Consolidated Electrical Distributors, Inc. - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) / / - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER 100,000 SHARES -------------------------------------------------------------- BENEFICIALLY OWNED 8) SHARED VOTING POWER -0- BY -------------------------------------------------------------- EACH REPORTING 9) SOLE DISPOSITIVE POWER 100,000 PERSON -------------------------------------------------------------- WITH 10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 100,000 - -------------------------------------------------------------------------------- 12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON EP - -------------------------------------------------------------------------------- CUSIP NO. 45061100 13D Page 7 of 10 pages -------- AMENDMENT NO. 3 INTRODUCTION Edmundson International, Inc., a California corporation ("Edmundson International"), hereby files this Amendment No. 3 (the "Amendment") to the Statement on Schedule 13D (the "Statement") on behalf of the Reporting Persons identified in Item 2 of the Statement pursuant to the Agreement With Respect To Schedule 13D attached to the Statement as Exhibit 7(1). Defined terms not otherwise defined herein have the meanings ascribed thereto in the Statement. Only those Items amended are reported herein. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is amended by adding the following paragraph: On November 12, 1998, Edmundson International purchased 50,000 shares of Common Stock on the open market at a purchase price of $6.8125 per share. On November 16, 1998, Edmundson International purchased an additional 50,000 shares of Common Stock on the open market at a purchase price of $6.75 per share. The total funds required to complete these purchases was $682,125.00 (inclusive of broker commissions). All funds were obtained from working capital of Edmundson International. A table identifying each purchase is included in Item 5(c) of this Amendment. Item 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is amended and restated to read as follows: (a) and (b) The aggregate number of shares and percentage of Common Stock of the Issuer (based upon the New York Stock Exchange's internet website activity report stating that CUSIP NO. 45061100 13D Page 8 of 10 pages -------- AMENDMENT NO. 3 the Issuer had 8,893,704 shares of Common Stock outstanding as of November 17, 1998(1) beneficially owned by each person named in Item 2, as well as the number of shares of Common Stock as to which such person is deemed to have sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or direct the disposition, is set forth in the following table:
- ------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------ Reporting Person No. of Shares Percentage Power to Vote Power to Dispose Beneficially of Class Shared Sole Shared Sole Owned - -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------ Edmundson International 772,000 8.7% 772,000 -0- 772,000 -0- - -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------ CED 772,000 8.7% 772,000 -0- 772,000 -0- - -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------ Portshire Corp. 60,000 0.7% 60,000 -0- 60,000 -0- - -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------ Lincolnshire Associates 60,000 0.7% 60,000 -0- 60,000 -0- - -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------ CED Pension Plan 100,000 1.1% -0- 100,000 -0- 100,000 - ------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------
The information required by Item 5 with respect to persons with whom voting or dispositive power is shared is set forth in Item 2. (c) To the best knowledge of the Reporting Persons, no person described in paragraph (a) of this Item 5 has effected any transaction in the Common Stock of the Issuer during the past 60 days other than as set forth in the table below: - ------------------------------- (1) URL address: http://www.nyse.com/public/market/2a/2a1/cprice/i/c_idg.htm CUSIP NO. 45061100 13D Page 9 of 10 pages -------- AMENDMENT NO. 3
- ---------------------------------------------------------------------------------------------------------------- Date Purchaser # Shares Price Comm'n Total Funds Required - ---------------------------------------------------------------------------------------------------------------- 9/23/98 CED Pension Plan 500 $6.4375 $0.12 $3,278.75 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 9/24/98 CED Pension Plan 24,500 $6.50 $0.06 $160,720.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 9/29/98 CED Pension Plan 16,400 $6.2271 $0.06 $103,108.44 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 9/30/98 CED Pension Plan 8,600 $6.1766 $0.06 $53,634.76 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/1/98 CED Pension Plan 10,500 $6.1756 $0.06 $65,473.80 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/2/98 CED Pension Plan 600 $6.25 $0.06 $3,786.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/5/98 CED Pension Plan 38,900 $6.0162 $0.06 $236,364.18 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/7/98 Lincolnshire Ass. 60,000 $5.125 $0.04 $309,900.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/7/98 Edmundson Intl. 350,000 $5.125 $0.04 $1,807,750.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/22/98 Edmundson Intl. 35,000 $6.00 $0.06 $212,100.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 10/26/98 Edmundson Intl. 50,000 $6.50 $0.06 $328,000.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 11/11/98 Edmundson Intl. 177,000 $6.75 $0.04 $1,201,830.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 11/12/98 Edmundson Intl. 50,000 $6.8125 $0.04 $342,625.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ 11/16/98 Edmundson Intl. 50,000 $6.75 $0.04 $339,500.00 - --------------------- ------------------------- ------------ ------------- ------------ ------------------------ TOTAL 872,000 $5,168,070.93 ------- ------------- - ----------------------------------------------------------------------------------------------------------------
(d) To the best knowledge of the Reporting Persons, no person other than the Reporting Persons and their equity owners has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of the Issuer. (e) Not applicable. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The first paragraph of Item 6 is amended and restated to read as follows: CUSIP NO. 45061100 13D Page 10 of 10 pages -------- AMENDMENT NO. 3 Edmundson International beneficially owns 712,000 shares of Common Stock. Portshire Corp., the general partner of Lincolnshire Associates, is a wholly owned subsidiary of Edmundson International. Lincolnshire Associates beneficially owns 60,000 shares of Common Stock. Therefore, Edmundson International, through its ownership of Portshire Corp., beneficially owns an additional 60,000 shares of Common Stock. Edmundson International is itself a wholly owned subsidiary of CED. Therefore, CED, through its ownership of Edmundson International and indirect ownership of Portshire Corp., beneficially owns 772,000 shares of Common Stock. CED Pension Plan beneficially owns 100,000 shares of Common Stock. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: November 18, 1998 Edmundson International, Inc. By: /s/ David C. Verbeck ---------------------- Its: Secretary ---------------------- -----END PRIVACY-ENHANCED MESSAGE-----