-----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, HISVgLC4/qVrmGlelFTLkh+5hs8BwXMv3TZRepwY9XfijC52pTrqTqOjqql324Pt GWy4EiMlR6PdUUWMo/guqA== 0000892251-98-000071.txt : 19980218 0000892251-98-000071.hdr.sgml : 19980218 ACCESSION NUMBER: 0000892251-98-000071 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WALTER INDUSTRIES INC /NEW/ CENTRAL INDEX KEY: 0000837173 STANDARD INDUSTRIAL CLASSIFICATION: GEN BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS [1520] IRS NUMBER: 133429953 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-44983 FILM NUMBER: 98541365 BUSINESS ADDRESS: STREET 1: 1500 N DALE MABRY HGWY CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8138714811 MAIL ADDRESS: STREET 1: 1500 NORTH MABRY HGWY STREET 2: 1500 NORTH MABRY HGWY CITY: TAMPA STATE: FL ZIP: 33607 FORMER COMPANY: FORMER CONFORMED NAME: HILLSBOROUGH HOLDINGS CORP DATE OF NAME CHANGE: 19910814 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ASBESTOS SETTLEMENT TRUST CENTRAL INDEX KEY: 0001040609 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O KEVIN IRWIN KEATING MUETHING & KLEKA STREET 2: 1800 PROVIDENT TOWER ONE EAST FOURTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 MAIL ADDRESS: STREET 1: C/O KEVIN IRWIN KEATING MUETHING & KLEKA STREET 2: 1800 PROVIDENT TOWER ONE EAST FOURTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 SC 13D/A 1 SCHEDULE 13D AMENDMENT NO. 2 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* Walter Industries, Inc. - -------------------------------------------------------------------------------- (NAME OF ISSUER) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 93317 Q 10 5 - -------------------------------------------------------------------------------- (CUSIP NUMBER) Gary P. Kreider, Esq. Keating, Muething & Klekamp, P.L.L. One East Fourth Street, 18th Floor Cincinnati, Ohio 45202 (513) 579-6411 - -------------------------------------------------------------------------------- (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) February 11, 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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. 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 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. 93317 Q 10 5 13D Page 2 of 3 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Asbestos Settlement Trust 59-3304089 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE 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 Florida - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 5,921,122 SHARES -------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING -------------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 5,921,122 -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,921,122 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 3 Pages This Amendment No. 2 further amends the Schedule 13D in the following respects. ITEM 4. PURPOSE OF TRANSACTION. On February 11, 1998 the Trust entered into Underwriting Agreements pursuant to which it sold 5,020,204 shares of Common Stock of Walter Industries, Inc. and granted the Underwriters and the International Managers over-allotment options to purchase an additional 450,460 shares of Walter Industries Common Stock. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. After the sale discussed in Item 4 above, the Trust owns 5,921,122 shares of Common Stock of Walter Industries, Inc. It has also granted 30-day options to the Underwriters and the International Managers, to whom the sale was made, to purchase an additional 450,460 shares of Walter Industries Common Stock. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The Trust has granted to the Underwriters and the International Managers mentioned in Item 4, 30-day options to purchase 450,460 shares of Walter Industries Common Stock. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth herein is true, complete and correct. ASBESTOS SETTLEMENT TRUST Sharon M. Meadows, Trustee Dated: February 17, 1998 BY: /s/Gary P. Kreider ------------------------------------ Gary P. Kreider, Attorney-in-Fact -----END PRIVACY-ENHANCED MESSAGE-----