-----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, EXcSFKFOxrVSHH5sfQJIf0lwPKMEksDYcOscQMBuAGyWgX9M8e1pgHIIiqlru+iQ 4y1GLeMoT6A32Hg3JNrIEQ== 0000950123-03-006545.txt : 20030527 0000950123-03-006545.hdr.sgml : 20030526 20030527152159 ACCESSION NUMBER: 0000950123-03-006545 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030527 GROUP MEMBERS: J WILLIAM UHRIG GROUP MEMBERS: TCR ASSOCIATES L P GROUP MEMBERS: TCR OFFSHORE ASSOCIATES L P GROUP MEMBERS: THOMAS G WELD GROUP MEMBERS: THREE CITIES OFFSHORE II C V GROUP MEMBERS: THREE CITIES RESEARCH INC GROUP MEMBERS: WILLEM E P DE VOGEL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FACTORY 2 U STORES INC CENTRAL INDEX KEY: 0000813775 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 510299573 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39314 FILM NUMBER: 03719892 BUSINESS ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLR CITY: SAN DIEGO STATE: CA ZIP: 92123-1866 MAIL ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLOOR CITY: SAN DIEG STATE: CA ZIP: 92123-1866 FORMER COMPANY: FORMER CONFORMED NAME: FAMILY BARGAIN CORP DATE OF NAME CHANGE: 19940202 FORMER COMPANY: FORMER CONFORMED NAME: DRS INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LONGWOOD GROUP LTD DATE OF NAME CHANGE: 19920527 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: THREE CITIES FUND II LP CENTRAL INDEX KEY: 0000949290 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 135 E 57TH ST STREET 2: THREE CITIES RESEARCH INC CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128389660 MAIL ADDRESS: STREET 1: C/O THREE CITIES RESEARCH INC STREET 2: 135 EAST 57TH ST CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 y86787sc13dza.txt AMENDMENT NO.3 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------------- SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDMENT NO. 3 FACTORY 2-U STORES, INC. (Name of Issuer) -------------------------- COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) -------------------------- 306889403 (Cusip Number) -------------------------- DAVID W. BERNSTEIN, ESQ. CLIFFORD CHANCE US LLP 200 PARK AVENUE NEW YORK, NEW YORK 10166 (212) 878-8000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------------- MAY 15, 2000 SEPTEMBER 15, 2000 MARCH 14, 2003 (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 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. (Continued on following pages) - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 2 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THREE CITIES FUND II, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS OO (Partner Contributions) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 1,383,914 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,383,914 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,383,914 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN (Partnership) - -------------------------------------------------------------------------------- 2 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 3 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON TCR ASSOCIATES, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 1,383,914 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,383,914 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,383,914 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN (Partnership) - -------------------------------------------------------------------------------- 3 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 4 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON WILLEM F.P. DE VOGEL - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION KINGDOM OF THE NETHERLANDS - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 1,383,914 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,383,914 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,383,914 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN (Individual) - -------------------------------------------------------------------------------- 4 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 5 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THOMAS G. WELD - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 1,383,914 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,383,914 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,383,914 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN (Individual) - -------------------------------------------------------------------------------- 5 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 6 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THREE CITIES OFFSHORE II C.V. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS OO (Partner Contributions) - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION NETHERLANDS ANTILLES - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 2,340,020 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 2,340,020 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,340,020 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN (Partnership) - -------------------------------------------------------------------------------- 6 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 7 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON TCR OFFSHORE ASSOCIATES, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 2,340,020 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 2,340,020 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,340,020 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN (Partnership) - -------------------------------------------------------------------------------- 7 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 8 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON J. WILLIAM UHRIG - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 2,340,020 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 2,340,020 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,340,020 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.8% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN (Individual) - -------------------------------------------------------------------------------- 8 - -------------------------------------------------------------------------------- CUSIP No. 306889403 13D Page 9 of 15 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THREE CITIES RESEARCH, INC. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCES OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7. SOLE VOTING POWER 0 ----------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 3,723,934 OWNED BY EACH ----------------------------------------------------- REPORTING PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ----------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,723,934 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,723,934 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.6% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO (Corporation) - -------------------------------------------------------------------------------- 9 AMENDMENT NO.3 TO SCHEDULE 13DS This Amendment No. 3 amends and supplements Schedule 13Ds, filed on January 22, 1997, Amendments No. 1 to those Schedule 13Ds, filed on April 4, 1997 and Amendment No. 2 to those Schedule 13Ds, filed on March 17, 1999. ITEM 2. IDENTITY AND BACKGROUND Item 2 is amended and restated in its entirety to be as follows: (a)-(c) The persons (the "Reporting Persons") filing this statement are Three Cities Fund II, L.P., a Delaware limited partnership ("Fund II"), TCR Associates, L.P., a Delaware limited partnership (TCR Associates"), Willem F.P. de Vogel, a citizen of the Kingdom of the Netherlands ("Mr. de Vogel"), Thomas G. Weld, a citizen of the United States of America ("Mr. Weld"), Three Cities Offshore II C.V., a Netherlands Antilles limited partnership ("Offshore II"), TCR Offshore Associates, L.P., a Delaware limited partnership ("TCR Offshore Associates"), J. William Uhrig, a citizen of the United States of America ("Mr. Uhrig"), and Three Cities Research, Inc., a Delaware corporation ("Research"). Fund II and Offshore II are collectively referred to as the "Three Cities Funds." FUND II Fund II is a Delaware limited partnership, formed to invest in securities to be selected by its investment committee. The principal business address of Fund II, which also serves as its principal office, is c/o Three Cities Research, Inc., 650 Madison Avenue, New York, New York 10022. The information about TCR Associates, the sole general partner of Fund II, required by Instruction C to Schedule 13D, is set forth below. TCR ASSOCIATES TCR Associates is a Delaware limited partnership, the principal business of which is serving as the sole general partner of Fund II. The principal business address of TCR Associates, which also serves as its principal office, is c/o Three Cities Research, Inc., 650 Madison Avenue, New York, New York 10022. The information about Mr. de Vogel and Mr. Weld, the general partners of TCR Associates, required by Instruction C to Schedule 13D, is set forth below. MR. DE VOGEL Mr. de Vogel is an individual who is a general partner of TCR Associates. The name, residence or business address, and present principal occupation or employment of Mr. de Vogel is as follows:
Residence or Principal Occupation or Name Business Address Employment ---- ---------------- ---------- Willem F.P. de Vogel c/o Three Cities Research, Inc. President and a Director 650 Madison Avenue of Research New York, NY 10022
10 MR. WELD Mr. Weld is an individual who is a general partner of TCR Associates. The name, residence or business address, and present principal occupation or employment of Mr. Weld is as follows:
Residence or Principal Occupation or Name Business Address Employment ---- ---------------- ---------- Thomas G. Weld c/o Three Cities Research, Inc. Treasurer and a Director 650 Madison Avenue of Research New York, NY 10022
OFFSHORE II Offshore II is a Netherlands Antilles limited partnership, formed to invest in securities to be selected by its investment committee. The principal business address of Offshore II, which also serves as its principal office, is Caracasbaaiweg 201, P.O. Box 6085, Curacao, Netherlands Antilles. The information about TCR Offshore Associates, the sole general partner of Offshore II, required by Instruction C to Schedule 13D, is set forth below. TCR OFFSHORE ASSOCIATES TCR Offshore Associates is a Delaware limited partnership, the principal business of which is serving as the general partner of Offshore II. The principal business address of TCR Offshore Associates, which also serves as its principal office, is Caracasbaaiweg 201, P.O. Box 6085, Curacao, Netherlands Antilles. The information about J. William Uhrig, the sole general partner of TCR Offshore Associates, required by Instruction C to Schedule 13D, is set forth below. MR. UHRIG Mr. Uhrig is an individual who is the sole general partner of TCR Offshore Associates. The name, residence or business address, and present principal occupation or employment of Mr. Uhrig is as follows:
Residence or Principal Occupation or Name Business Address Employment ---- ---------------- ---------- J. William Uhrig c/o Three Cities Research, Inc. Secretary and a Director 650 Madison Avenue of Research New York, NY 10022
RESEARCH Research is a Delaware corporation that serves as the advisor to the Three Cities Funds and, pursuant to a management agreement with the general partner of each of the Three Cities Funds, Research has voting and dispositive power over the shares of Common Stock reported as beneficially owned by the Three Cities Funds on this Schedule 13D. The principal business address of Research is 650 Madison Avenue, New York, New York 10022. The name, residence or business address, and present principal occupation or employment of each executive officer and director of Research is as follows: 11
Residence or Principal Occupation or Name Business Address Employment ---- ---------------- ---------- Willem F.P. de Vogel c/o Three Cities Research, Inc. President and a Director 650 Madison Avenue of Research New York, NY 10022 J. William Uhrig c/o Three Cities Research, Inc. Secretary and a Director 650 Madison Avenue of Research New York, NY 10022 Thomas G. Weld c/o Three Cities Research, Inc. Treasurer and a Director 650 Madison Avenue of Research New York, NY 10022
(d) None of the entities or persons identified in this Item 2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of the entities or persons identified in this Item 2 has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting of mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Each individual named in this Item 2 is a citizen of the United States of America, except that Mr. de Vogel is a citizen of the Kingdom of the Netherlands. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is amended by adding the following: The Three Cities Funds used contributions from their respective partners to fund the purchases of shares described in Item 5 below. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is amended and restated in its entirety as follows: (a) FUND II Fund II may, pursuant to Rule 13d-5 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), be deemed to be the beneficial owner of 1,383,914 shares of Common Stock, which constitute approximately 8.8% of the 15,760,289 shares of Common Stock that are outstanding. TCR ASSOCIATES In its capacity as the sole general partner of Fund II, TCR Associates may, pursuant to Rule 13d-3 and Rule 13d-5 under the Exchange Act, be deemed to be the beneficial owner of 1,383,914 shares of 12 Common Stock, which constitute approximately 8.8% of the 15,760,289 shares of Common Stock that are outstanding. MR. DE VOGEL In his capacity as a general partner of TCR Associates, which in turn is the sole general partner of Fund II, Mr. de Vogel may, pursuant to Rule 13d-3 and Rule 13d-5 under the Exchange Act, be deemed to be the beneficial owner of 1,383,914 shares of Common Stock, which constitute approximately 8.8% of the 15,760,289 shares of Common Stock that are outstanding. MR. WELD In his capacity as a general partner of TCR Associates, which in turn is the sole general partner of Fund II, Mr. Weld may, pursuant to Rule 13d-3 and Rule 13d-5 under the Exchange Act, be deemed to be the beneficial owner of 1,383,914 shares of Common Stock, which constitute approximately 8.8% of the 15,760,289 shares of Common Stock that are outstanding. OFFSHORE II Offshore II may, pursuant to Rule 13d-5 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), be deemed to be the beneficial owner of 2,340,020 shares of Common Stock, which constitute approximately 14.8% of the 15,760,289 shares of Common Stock that are outstanding. TCR OFFSHORE ASSOCIATES In its capacity as the sole general partner of Offshore II, TCR Offshore Associates may, pursuant to Rule 13d-3 and Rule 13d-5 under the Exchange Act, be deemed to be the beneficial owner of 2,340,020 shares of Common Stock, which constitute approximately 14.8% of the 15,760,289 shares of Common Stock that are outstanding. MR. UHRIG In his capacity as the sole general partner of TCR Offshore Associates, which in turn is the sole general partner of Offshore II, Mr.Uhrig may, pursuant to Rule 13d-3 and Rule 13d-5 under the Exchange Act, be deemed to be the beneficial owner of 2,340,020 shares of Common Stock, which constitute approximately 14.8% of the 15,760,289 shares of Common Stock that are outstanding. RESEARCH In its capacity as the investment advisor to the Three Cities Funds, with the power to direct voting by both of them and to direct the disposition of assets by both of them, Research may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the beneficial owner of 3,723,934 shares of Common Stock, which constitute approximately 23.6% of the 15,760,289 shares of Common Stock that are outstanding. (b) Fund II, TCR Associates, Mr. de Vogel and Mr. Weld may be deemed to share the power to vote or direct the vote, and to dispose of or direct the disposition of, 1,383,914 shares of Common Stock. Offshore II, TCR Offshore Associates and Mr. Uhrig may be deemed to share the power to vote or direct the vote, and to dispose of or direct the disposition of, 2,340,020 shares of Common Stock. 13 Research may be deemed to share the power to vote or direct the vote, and to dispose or direct the disposition of, 3,723,934 shares of Common Stock. (c) On March 29, 1999, Fund II sold 3,488 shares of Common Stock to Offshore II. During May, June and July of 2000, Fund II sold 81,561 shares of Common Stock on the open market and Offshore II sold 137,739 shares of Common Stock on the open market, as follows: FUND II
DATE AMOUNT SOLD PRICE PER SHARE ---- ----------- --------------- 5/15/00 48,360 $ 37.5144 5/16/00 3,720 $ 38.25 5/18/00 13,020 $ 37.00 7/13/00 15,235 $ 37.00 7/14/00 1,226 $ 37.00 ------ TOTAL 81,561
OFFSHORE II
DATE AMOUNT SOLD PRICE PER SHARE ---- ----------- --------------- 5/15/00 81,640 $ 37.5144 5/16/00 6,280 $ 38.25 5/18/00 21,980 $ 37.00 6/21/00 14,000 $ 39.1496 7/13/00 11,765 $ 37.00 7/14/00 2,074 $ 37.00 ------- TOTAL 137,739
On September 15, 2000, Fund II distributed 278,481 shares of Common Stock to its limited partners and Offshore II distributed 471,296 shares of Common Stock to its limited partners. On March 14, 2003, Fund II and Offshore II purchased 240,793 shares of Common Stock and 407,207 shares of Common Stock, respectively, for $2.75 per share in cash, in an equity offering by the Issuer in which a total of 2,515,379 shares of Common Stock were sold. Except as described above, none of the persons named in Item 2 purchased any shares of the Company during the 60 days preceding the date of this Schedule 13D. (d) Fund II has the right to receive the dividends from, and the proceeds of disposition of, 1,383,914 shares of Common Stock. Offshore II has the right to receive the dividends from, and the proceeds of disposition of, 2,340,020 shares of Common Stock. Item 7. Exhibits Exhibit A-Joint Filing Agreement 14 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No.3 to Schedule 13D is true, complete and correct. Dated: May 16, 2003 THREE CITIES FUND II, L.P. By: TCR Associates, L.P. Its General Partner By: /s/ Willem F.P. de Vogel -------------------------- Name: Willem F.P. de Vogel Title: General Partner TCR ASSOCIATES, L.P. By: /s/ Willem F.P. de Vogel -------------------------- Name: Willem F.P. de Vogel Title: General Partner WILLEM F.P. DE VOGEL /s/ Willem F.P. de Vogel ------------------------------ THOMAS G. WELD /s/ Thomas G. Weld ------------------------------ THREE CITIES OFFSHORE II C.V. By: TCR Offshore Associates, L.P. Its General Partner By: /s/ J. William Uhrig -------------------------- Name: J. William Uhrig Title: General Partner TCR OFFSHORE ASSOCIATES, L.P. By: /s/ J. William Uhrig -------------------------- Name: J. William Uhrig Title: General Partner J. WILLIAM UHRIG /s/ J. William Uhrig ------------------------------ THREE CITIES RESEARCH, INC. By: /s/ Willem F.P. de Vogel -------------------------- Name: Willem F.P. de Vogel Title: President 15 Exhibit A --------- JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.01 per share, of Factory 2-U Stores, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 20th day of May, 2003. THREE CITIES FUND II, L.P. By: TCR Associates, L.P. Its General Partner By:/S/ Willem F.P. de Vogel ------------------------- Name: Willem F.P. de Vogel Title: General Partner TCR ASSOCIATES, L.P. By:/S/ Willem F.P. de Vogel ------------------------- Name: Willem F.P. de Vogel Title: General Partner WILLEM F.P. DE VOGEL /S/ Willem F.P. de Vogel ------------------------ THOMAS G. WELD /S/ Thomas G. Weld ------------------------ THREE CITIES OFFSHORE II C.V. By: TCR Offshore Associates, L.P. Its General Partner By:/S/ J. William Uhrig ---------------------- Name: J. William Uhrig Title: General Partner TCR OFFSHORE ASSOCIATES, L.P. By: /S/ J. William Uhrig --------------------- Name: J. William Uhrig Title: General Partner J. WILLIAM UHRIG /S/ J. William Uhrig ------------------------- THREE CITIES RESEARCH, INC. By: /S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: President SIGNATURES 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: May 20, 2003 THREE CITIES FUND II, L.P. By: TCR Associates, L.P. Its General Partner By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: General Partner TCR ASSOCIATES, L.P. By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: General Partner WILLEM F.P. DE VOGEL /S/ Willem F.P. de Vogel --------------------------- THOMAS G. WELD /S/ Thomas G. Weld --------------------------- THREE CITIES OFFSHORE II C.V. By: TCR Offshore Associates, L.P. Its General Partner By:/S/ J. William Uhrig ----------------------- Name: J. William Uhrig Title: General Partner TCR OFFSHORE ASSOCIATES, L.P. By:/S/ J. William Uhrig ------------------------ Name: J. William Uhrig Title: General Partner J. WILLIAM UHRIG /S/ J. William Uhrig --------------------------- THREE CITIES RESEARCH, INC. By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: President KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints David W. Bernstein, his true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, to sign in any and all capacities any and all amendments to the Statement on Schedule 13D and to file the same with all exhibits thereto and other documents in connection therewith with the Securities and Exchange Commission, granting to such attorneys-in-fact and agents, and each of them, full power and authority to do all such other acts and execute all such other documents as they, or any of them, may deem necessary or desirable in connection with the foregoing, as fully as the undersigned might or could do in person, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. THREE CITIES FUND II, L.P. By: TCR Associates, L.P. Its General Partner By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: General Partner TCR ASSOCIATES, L.P. By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Title: General Partner WILLEM F.P. DE VOGEL /S/ Willem F.P. de Vogel --------------------------- THOMAS G. WELD /S/ Thomas G. Weld --------------------------- THREE CITIES OFFSHORE II C.V. By: TCR Offshore Associates, L.P. Its General Partner By:/S/ J. William Uhrig ------------------------ Name: J. William Uhrig Title: General Partner TCR OFFSHORE ASSOCIATES, L.P. By:/S/ J. William Uhrig ------------------------ Name: J. William Uhrig Title: General Partner J. WILLIAM UHRIG /S/ J. William Uhrig --------------------------- THREE CITIES RESEARCH, INC. By:/S/ Willem F.P. de Vogel ------------------------ Name: Willem F.P. de Vogel Dated: May 20, 2003 Title: President -----END PRIVACY-ENHANCED MESSAGE-----