-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, fLDn4NhE5UvDg+Pn5weDK93VknXfQMnGRwFJT4paIpP08DTJkbJCaYbZeAOrJ0ua 1e6OJ65qO1RSWys7TCtXjA== 0000932799-94-000003.txt : 19941208 0000932799-94-000003.hdr.sgml : 19941208 ACCESSION NUMBER: 0000932799-94-000003 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19941207 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FAMILY DOLLAR STORES INC CENTRAL INDEX KEY: 0000034408 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 560942963 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12639 FILM NUMBER: 94563701 BUSINESS ADDRESS: STREET 1: P O BOX 1017 STREET 2: 10401 OLD MONROE RD CITY: CHARLOTTE STATE: NC ZIP: 28201-1017 BUSINESS PHONE: 7048476961 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SC FUNDAMENTAL INC CENTRAL INDEX KEY: 0000919094 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133563937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 712 5TH AVE 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2129573500 MAIL ADDRESS: STREET 1: 712 5TH AVENUE 19TH FL STREET 2: 712 5TH AVENUE 19TH FL CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) Family Dollar Stores, Inc. (Name of Issuer) Common Stock, Par Value, $0.10 Per Share (Title of Class of Securities) 307000109 (CUSIP Number) Stephen M. Davis, Esq. Werbel McMillin & Carnelutti A Professional Corporation 711 Fifth Avenue, New York, New York 10022, (212) 832-8300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 2, 1994 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13-d- 1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 purposes 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). SCHEDULE 13D - ------------------- -------------------- CUSIP No. 307000109 Page 2 of 10 Pages - ------------------- -------------------- ============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The SC Fundamental Value Fund, L.P. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* WC/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 Delaware - ------------------------------------------------------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------ 8 SHARED VOTING POWER 2,472,100 - ------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,472,100 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,472,100 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.4% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN ============================================================================== *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT! SEC 1746 (9-88) SCHEDULE 13D - ------------------- -------------------- CUSIP No. 307000109 Page 3 of 10 Pages - ------------------- -------------------- ============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Value BVI, Inc. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER 1,082,400 - ------------------------------------------------------------------------------ 8 SHARED VOTING POWER 0 - ------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 1,082,400 - ------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,082,400 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.9% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO ============================================================================== *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT! SEC 1746 (9-88) SCHEDULE 13D - ------------------- -------------------- CUSIP No. 307000109 Page 4 of 10 Pages - ------------------- -------------------- ============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Inc. - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------ 8 SHARED VOTING POWER 2,562,500 - ------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,562,500 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,562,500 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.5% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO ============================================================================= *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT! SEC 1746 (9-88) SCHEDULE 13D - ------------------- ------------------- CUSIP No. 307000109 Page 5 of 10 Pages - ------------------- -------------------- ============================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gary N. Siegler - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* Not Applicable - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------ 8 SHARED VOTING POWER 3,644,900 - ------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 3,644,900 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,644,900 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.4% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ============================================================================= *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT! SEC 1746 (9-88) SCHEDULE 13D - ------------------- ------------------- CUSIP No. 307000109 Page 6 of 10 Pages - ------------------- ------------------- ============================================================================= 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter M. Collery - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 3,644,900 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,644,900 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,644,900 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.4% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ============================================================================== *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT! SEC 1746 (9-88) Page 7 of 10 Pages AMENDMENT NO.1 TO THE SCHEDULE 13D The Reporting Persons consisting of SC Fundamental Inc., The SC Fundamental Value Fund, L.P., SC Fundamental Value BVI, Inc., Gary N. Siegler and Peter M. Collery, hereby amend their Schedule 13D relating to the Common Stock, par value $0.01, of Family Dollar Stores, Inc. Item 3. Source and Amount of Funds of Other Consideration The aggregate purchase prices of the shares of the Issuer's Common Stock ("Shares") purchased by the Reporting Persons as reported in Item 5(c) of this Schedule 13D were as follows: Name of Aggregate Reporting Person Purchase Price Fund $ 4,535,711.87 BVI Inc. on behalf of BVI Ltd. $ 2,083,189.83 SC on behalf of Managed Account $ 157,734.79 The Reporting Persons listed above purchased the Shares reported herein as beneficially owned by them with working capital of Fund, BVI Ltd. and Managed Account or with funds extended by brokerage firms in connection with margin transactions effected for Fund, BVI Ltd. and Managed Account. Item 5. Interest in Securities of the Issuer (a) As of the close of business on December 7, 1994, the Reporting Persons, by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to own beneficially in the aggregate the number and percentage of the Issuer's Common Stock set forth opposite their names below (based upon the number of Shares that were reported to be outstanding in the Issuer's Form 10-K for the fiscal year ended August 31, 1994). Page 8 of 10 Pages - ---------------------------------------------------------------- Name Shares of Common Stock Percentage - ---------------------------------------------------------------- SC Fundamental Inc.(1) 2,522,500 4.5% - ---------------------------------------------------------------- The SC Fundamental Value Fund, L.P. 2,472,100 4.4% - ---------------------------------------------------------------- SC Fundamental Value BVI, Inc. 1,082,400 1.9% - ---------------------------------------------------------------- Gary N. Siegler 3,644,900 6.4% - ---------------------------------------------------------------- Peter M. Collery 3,644,900 6.4% - ---------------------------------------------------------------- (c) The following table sets forth the transactions effected by each of the Reporting Persons listed in Item 5(a) since the Reporting Persons' last Schedule 13D relating to the Issuer. Unless otherwise noted, each of the transactions set forth below reflects a purchase effected by means of trades on the New York Stock Exchange. - ---------------------------------------------------------------- BVI, Inc. SC on Trade Price Per on behalf behalf of Date Share Fund of BVI Ltd. Managed Account - ---------------------------------------------------------------- 10/27/94 11.250 7,400 3,350 250 - ---------------------------------------------------------------- 10/28/94 11.375 6,750 3,000 250 - ---------------------------------------------------------------- 10/28/94 11.440 23,600 10,550 850 - ---------------------------------------------------------------- 10/28/94 11.535 10,100 4,550 350 - ---------------------------------------------------------------- 10/31/94 11.464 47,150 21,150 1,700 - --------------------------------------------------------------- 10/31/94 11.625 13,450 6,050 500 - ---------------------------------------------------------------- 11/01/94 11.484 8,100 3,650 250 - ---------------------------------------------------------------- 11/02/94 11.495 10,400 4,650 350 - ---------------------------------------------------------------- 11/02/94 11.625 5,000 2,250 150 - ---------------------------------------------------------------- 11/02/94 12.000 6,750 3,000 250 - ----------------------------------------------------------------- - ---------------------- 1 Includes shares held for the benefit of the Managed Account. Page 9 of 10 Pages - ---------------------------------------------------------------- BVI, Inc. SC on Trade Price Per on behalf behalf of Date Share Fund of BVI Ltd. Managed Account - ---------------------------------------------------------------- 11/03/94 11.533 16,800 7,650 550 - ---------------------------------------------------------------- 11/03/94 11.686 13,600 6,250 450 - ---------------------------------------------------------------- 11/04/94 12.125 16,850 7,550 600 - ----------------------------------------------------------------- 11/07/94 11.625 16,850 7,600 550 - ----------------------------------------------------------------- 11/08/94 11.750 20,250 9,100 650 - ----------------------------------------------------------------- 11/09/94 11.580 6,750 3,000 250 - ----------------------------------------------------------------- 11/10/94 11.375 5,000 2,200 200 - ----------------------------------------------------------------- 11/11/94 11.136 7,450 3,300 250 - ----------------------------------------------------------------- 11/15/94 11.490 13,900 6,150 450 - ----------------------------------------------------------------- 11/17/94 11.125 13,400 6,150 450 - ----------------------------------------------------------------- 11/18/94 10.921 10,050 4,600 350 - ----------------------------------------------------------------- 11/23/94 10.284 18,400 8,450 650 - ----------------------------------------------------------------- 11/29/94 11.375 10,050 4,600 350 - ----------------------------------------------------------------- 11/30/94 11.250 15,050 6,900 550 - ----------------------------------------------------------------- 12/01/94 11.233 33,550 16,300 1,150 - ----------------------------------------------------------------- 12/01/94 11.319 20,000 9,700 700 - ----------------------------------------------------------------- 12/02/94 11.270 9,850 4,800 350 - ----------------------------------------------------------------- 12/05/94 11.953 10,550 5,100 350 - ----------------------------------------------------------------- Page 10 of 10 Pages After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: December 7, 1994 SC FUNDAMENTAL INC. By: ________________________ Peter M. Collery Vice President THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL INC. By: ____________________________ Peter M. Collery Vice President SC FUNDAMENTAL VALUE BVI, INC. By: ____________________________ Peter M. Collery Vice President _______________________ Gary N. Siegler ________________________ Peter M. Collery Page 10 of 10 Pages After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: December 7, 1994 SC FUNDAMENTAL INC. By: /s/ Peter M. Collery ________________________ Peter M. Collery Vice President THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL INC. By: /s/ Peter M. Collery ________________________ Peter M. Collery Vice President SC FUNDAMENTAL VALUE BVI, INC. By: /s/ Peter M. Collery _________________________ Peter M. Collery Vice President /s/ Gary N. Siegler _______________________ Gary N. Siegler /s/ Peter M. Collery ________________________ Peter M. Collery -----END PRIVACY-ENHANCED MESSAGE-----