-----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, Qfzng6a/vVbf9mxCa+c0LJmHl3D1miAKyTwhwmjTD45wQGPmJ1Kjw4qtOlEtJFRf wSo1kOcEYR72l86Tly76WA== 0000950133-08-003669.txt : 20081107 0000950133-08-003669.hdr.sgml : 20081107 20081107144013 ACCESSION NUMBER: 0000950133-08-003669 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081107 DATE AS OF CHANGE: 20081107 GROUP MEMBERS: WESTBURY TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WASTE SERVICES, INC. CENTRAL INDEX KEY: 0001065736 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57445 FILM NUMBER: 081170672 BUSINESS ADDRESS: STREET 1: 1122 INTERNATIONAL BLVD., SUITE 601 CITY: BURLINGTON STATE: A6 ZIP: L7L 6Z8 BUSINESS PHONE: 9053191237 MAIL ADDRESS: STREET 1: 1122 INTERNATIONAL BLVD., SUITE 601 CITY: BURLINGTON STATE: A6 ZIP: L7L 6Z8 FORMER COMPANY: FORMER CONFORMED NAME: CAPITAL ENVIRONMENTAL RESOURCE INC DATE OF NAME CHANGE: 19990421 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WESTBURY BERMUDA LTD CENTRAL INDEX KEY: 0001038667 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 11 VICTORIA ST STREET 2: PO BOX HM 1065 VICTORIA HALL CITY: HAMILTON BERMUDA STATE: D0 ZIP: 00000 BUSINESS PHONE: 4412929480 MAIL ADDRESS: STREET 1: 11 VICTORIA ST STREET 2: PO BOX HM 1065 VICTORIA HALL CITY: FORT LAUDERDALE STATE: D0 ZIP: 00000 SC 13D/A 1 w71530sc13dza.htm SC 13D/A sc13dza
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 3)
Under the Securities Exchange Act of 1934
WASTE SERVICES, INC.
 
(Name of Issuer)
Common Stock, $0.01 par value
 
(Title of Class of Securities)
941075202
 
(CUSIP Number)
Rick L. Burdick
Akin Gump Strauss Hauer & Feld LLP
1333 New Hampshire Ave, N.W.
Washington, D.C. 20036
(202) 887-4000
 
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
October 28, 2008
 
(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), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
 
*   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 on 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).
 
 

 


 

                     
CUSIP No.
 
941075202 
 

 

           
1   NAMES OF REPORTING PERSONS:

Westbury (Bermuda) Ltd.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  WC
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
   
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Bermuda
       
  7   SOLE VOTING POWER:
     
NUMBER OF   12,062,586 (1)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   -0-
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   12,062,586 (1)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    -0-
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  12,062,586
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
   
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  26.2%(2)
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  CO
 
(1)   Includes 12,020,920 shares of common stock and the right to purchase an additional 41,666 shares of common stock pursuant to outstanding warrants.
 
(2)   Based on 46,081,648 shares of common stock outstanding as of October 20, 2008, as reported by Issuer in the Form 10-Q filed on October 23, 2008.


 

                     
CUSIP No.
 
941075202 
 

 

           
1   NAMES OF REPORTING PERSONS:

Westbury Trust

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  OO (1)
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
   
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Bermuda
       
  7   SOLE VOTING POWER:
     
NUMBER OF   12,062,586 (2) (3)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   -0-
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   12,062,586 (2) (3)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    -0-
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  12,062,586
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
 
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  26.2%(4)
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO
 
(1)   Working capital of Westbury (Bermuda) Ltd.
 
(2)   Securities are owned directly by Westbury (Bermuda) Ltd., which is 100% owned by Westbury Trust. Westbury Trust is an indirect beneficial owner of the reported securities.
 
(3)   Includes 12,020,920 shares of common stock and the right to purchase an additional 41,666 shares of common stock pursuant to outstanding warrants.
 
(4)   Based on 46,081,648 shares of common stock outstanding as of October 20, 2008, as reported by Issuer in the Form 10-Q filed on October 23, 2008.


 

Amendment No. 3 to Schedule 13D
This Amendment No. 3 amends and supplements the Schedule 13D (the “Schedule 13D”) filed with the Securities and Exchange Commission (the “Commission”) on December 29, 2003 as amended on June 1, 2004 and January 3, 2007 by Westbury (Bermuda) Ltd., a Bermuda limited corporation, and Westbury Trust, a Bermuda trust (Westbury (Bermuda) Ltd. and Westbury Trust hereby referred to as the “Reporting Persons”). Except as specifically provided herein, this Amendment No. 3 does not modify any of the disclosure previously reported in the Schedule 13D and the amendments referenced above. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D.
Item 1. Security and Issuer
This Amendment No. 3 relates to the shares of common stock, $0.01 par value (the “Common Stock”), of Waste Services, Inc. (the “Issuer”). It is being filed to report purchases of Common Stock which, collectively, exceed one percent of the outstanding shares of Common Stock. The address of the principal executive offices of the Issuer is 1122 International Blvd. Suite 601, Burlington, Ontario L7L 6Z8.
Item 2. Identity and Background
Current information concerning the identity and background of the directors and officers of Westbury and the trustees of Westbury Trust is set forth in Annex A hereto, which is incorporated by reference in response to this Item 2.
Item 3. Source and Amount of Funds or Other Consideration
Since the filing of the last amendment to Schedule 13D on January 3, 2007, Westbury has purchased in the open market and in privately-negotiated transactions an aggregate of 732,216 shares of Common Stock at an aggregate purchase price of approximately $5,580,210.16. The source of the funds used by Westbury to purchase such shares of Common Stock is working capital of Westbury.
Item 5. Interest in Securities of the Issuer
(a) Westbury beneficially owns 12,062,586 shares of Common Stock, which consists of 12,020,920 shares of Common Stock and 41,666 shares of Common Stock issuable upon the exercise of certain warrants held by Westbury. The Common Stock beneficially owned by Westbury represents approximately 26.2% of the total number of shares of Common Stock based on 46,081,648 shares of Common Stock outstanding as of October 20, 2008, as reported by the Issuer on Form 10-Q filed on October 23, 2008. Westbury is 100% owned by Westbury Trust, an indirect beneficial owner of the reported securities.
(b) Each of Westbury and Westbury Trust may be deemed to have the sole power to direct the voting and disposition of the 12,062,586 shares of Common Stock held by Westbury.
(c) The following table lists all transactions in Common Stock effected during the past 60 days. All such transactions were effected in the open market or through privately-negotiated transactions.

 


 

                         
            Shares of        
Date of Transaction   Type of Transaction   Common Stock     Price Per Share  
10/27/08
  Purchase     100     $ 5.47  
10/27/08
  Purchase     200     $ 5.48  
10/27/08
  Purchase     100     $ 5.49  
10/27/08
  Purchase     600     $ 5.50  
10/27/08
  Purchase     1,481     $ 5.51  
10/27/08
  Purchase     2,219     $ 5.52  
10/27/08
  Purchase     1,314     $ 5.53  
10/27/08
  Purchase     543     $ 5.54  
10/27/08
  Purchase     100     $ 5.56  
10/27/08
  Purchase     100     $ 5.57  
10/27/08
  Purchase     300     $ 5.58  
10/27/08
  Purchase     200     $ 5.59  
10/27/08
  Purchase     100     $ 5.60  
10/28/08
  Purchase     1,000     $ 5.39  
10/28/08
  Purchase     1,000     $ 5.40  
10/28/08
  Purchase     1,000     $ 5.50  
10/28/08
  Purchase     303     $ 5.51  
10/28/08
  Purchase     2,697     $ 5.53  
10/28/08
  Purchase     200     $ 5.56  
10/28/08
  Purchase     2,600     $ 5.57  
10/28/08
  Purchase     2,050     $ 5.58  
10/28/08
  Purchase     150     $ 5.62  
10/28/08
  Purchase     5,000     $ 5.67  
10/28/08
  Purchase     600     $ 5.69  
10/28/08
  Purchase     1,495     $ 5.70  
10/28/08
  Purchase     905     $ 5.74  
10/28/08
  Purchase     5,000     $ 5.76  
10/28/08
  Purchase     1,578     $ 5.79  
10/28/08
  Purchase     3,422     $ 5.84  
10/29/08
  Purchase     100,000     $ 5.75  
10/30/08
  Purchase     68     $ 5.57  
10/30/08
  Purchase     300     $ 5.58  
10/30/08
  Purchase     498     $ 5.59  
10/30/08
  Purchase     5,132     $ 5.60  
10/30/08
  Purchase     500     $ 5.62  
10/30/08
  Purchase     1,500     $ 5.64  
10/30/08
  Purchase     502     $ 5.65  
10/30/08
  Purchase     500     $ 5.67  
10/30/08
  Purchase     2,300     $ 5.68  
10/30/08
  Purchase     2,000     $ 5.70  
10/30/08
  Purchase     1,000     $ 5.72  
10/30/08
  Purchase     42     $ 5.74  
10/30/08
  Purchase     2,000     $ 5.75  
10/30/08
  Purchase     1,000     $ 5.76  
10/30/08
  Purchase     297     $ 5.78  
10/30/08
  Purchase     2,900     $ 5.80  
10/30/08
  Purchase     9,461     $ 5.81  
10/31/08
  Purchase     197     $ 5.67  
10/31/08
  Purchase     500     $ 5.68  
10/31/08
  Purchase     500     $ 5.69  
10/31/08
  Purchase     1,000     $ 5.70  
10/31/08
  Purchase     500     $ 5.71  
10/31/08
  Purchase     303     $ 5.75  
10/31/08
  Purchase     500     $ 5.78  
10/31/08
  Purchase     500     $ 5.80  
10/31/08
  Purchase     500     $ 5.81  

 


 

                         
            Shares of        
Date of Transaction   Type of Transaction   Common Stock     Price Per Share  
10/31/08
  Purchase     500     $ 5.84  
10/31/08
  Purchase     2,000     $ 5.92  
10/31/08
  Purchase     500     $ 5.95  
10/31/08
  Purchase     1,461     $ 5.98  
10/31/08
  Purchase     2,300     $ 5.99  
10/31/08
  Purchase     18,739     $ 6.00  
11/3/08
  Purchase     2,100     $ 5.93  
11/3/08
  Purchase     4,000     $ 5.94  
11/3/08
  Purchase     900     $ 5.96  
11/3/08
  Purchase     6,700     $ 5.97  
11/3/08
  Purchase     14,300     $ 5.98  
11/4/08
  Purchase     500     $ 5.94  
11/4/08
  Purchase     1,000     $ 5.95  
11/4/08
  Purchase     500     $ 5.97  
11/4/08
  Purchase     100     $ 5.98  
11/4/08
  Purchase     21,000     $ 5.99  
11/4/08
  Purchase     1,000     $ 6.00  
11/4/08
  Purchase     500     $ 6.01  
11/4/08
  Purchase     500     $ 6.02  
11/4/08
  Purchase     2,000     $ 6.04  
11/4/08
  Purchase     1,000     $ 6.05  
11/4/08
  Purchase     2,000     $ 6.07  
11/5/08
  Purchase     2,000     $ 5.99  
11/5/08
  Purchase     5,500     $ 6.00  
11/5/08
  Purchase     1,000     $ 6.01  
11/5/08
  Purchase     2,000     $ 6.02  
11/5/08
  Purchase     7,500     $ 6.03  
11/5/08
  Purchase     1,500     $ 6.04  
11/5/08
  Purchase     500     $ 6.07  
11/5/08
  Purchase     6,000     $ 6.30  
11/5/08
  Purchase     5,000     $ 6.31  
Item 7. Material to be Filed as Exhibits
Exhibit A:      Joint Filing Agreement of the Reporting Persons

 


 

SIGNATURES
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: November 7, 2008   WESTBURY (BERMUDA) LTD.    
 
 
   /s/ Jim Watt    
         
 
  Name:   Jim Watt    
 
  Title:   President    
 
           
Date: November 7, 2008   WESTBURY TRUST    
 
 
  /s/ Jim Watt    
         
 
  Name:   Jim Watt    
 
  Title:   Trustee    

 


 

ANNEX A
Directors and Officers of Westbury
         
Name and Citizenship   Principal Occupation   Business Address
 
James Watt
President and Director
(Canada)
  President and Director of Westbury
(Bermuda) Ltd.
  11 Victoria Street
P.O. Box HM 1065
Hamilton, HEMX Bermuda
         
Iris Robinson
Vice President and Director
(Bermuda)
  Vice President and Director of
Westbury (Bermuda) Ltd.
  11 Victoria Street
P.O. Box HM 1065
Hamilton, HEMX Bermuda
         
Curtis Begg
Director
(Bermuda)
  Managing Director of Barrington
Investments Limited
  15 Queen Street
Hamilton, HM 11
Bermuda
         
Patricia Rodrigues
Secretary
(Bermuda)
  Executive Secretary of Westbury
(Bermuda) Ltd.
  11 Victoria Street
P.O. Box HM 1065
Hamilton, HEMX Bermuda
Trustees of Westbury Trust
         
Name and Citizenship   Principal Occupation   Business Address
 
Gary DeGroote
(Canada)
  President and Director of GWD
Holdings, Ltd.
  1455 Lakeshore Drive
Suite 201 N
Burlington, Ontrario
Canada
L7S 2J1
         
Rick Burdick
(United States)
  Attorney   1333 New Hampshire Avenue, NW
Washington, DC 20036
         
James Watt
(Canada)
  President and Director of Westbury
(Bermuda) Ltd.
  11 Victoria Street
P.O. Box HM 1065
Hamilton, HEMX Bermuda

 


 

Exhibit A
JOINT FILING AGREEMENT
The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Amendment No. 3 to Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Amendment No. 3 jointly on behalf of each such party.
             
Date: November 7, 2008   WESTBURY (BERMUDA) LTD.    
 
 
   /s/ Jim Watt    
         
 
  Name:   Jim Watt    
 
  Title:   President    
 
           
Date: November 7, 2008   WESTBURY TRUST    
 
 
   /s/ Jim Watt    
         
 
  Name:   Jim Watt    
 
  Title:   Trustee    

 

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