-----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, P5mxbcdi/VlHEwTXRsf/yjI81Ajvn/KQ1/c7dGMxQUaTcgkmoeIdMLxQJAIsRlxO xalRw8tg/FL6NO3p3e1pJQ== 0000950144-00-007146.txt : 20000523 0000950144-00-007146.hdr.sgml : 20000523 ACCESSION NUMBER: 0000950144-00-007146 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20000522 GROUP MEMBERS: HOLCOMBE T. GREEN, JR. GROUP MEMBERS: HTG CORP GROUP MEMBERS: WPS INVESTORS LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTPOINT STEVENS INC CENTRAL INDEX KEY: 0000852952 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 363498354 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43221 FILM NUMBER: 641060 BUSINESS ADDRESS: STREET 1: 507 W TENTH ST CITY: WEST POINT STATE: GA ZIP: 31833 BUSINESS PHONE: 7066454000 MAIL ADDRESS: STREET 1: P O BOX 71 CITY: WEST POINT STATE: GA ZIP: 31833 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WPS INVESTORS LP CENTRAL INDEX KEY: 0000920576 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 582079238 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3343 PEACHTREE NE STREET 2: STE 1420 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 4042611187 MAIL ADDRESS: STREET 1: 3343 PEACHTREE RD STE 1420 CITY: ATLANTA STATE: GA ZIP: 30326 SC 13D/A 1 WESTPOINT STEVENS, INC. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 10)* WESTPOINT STEVENS INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 919610 5 919630 3 ------------------------------------ (CUSIP Number) Holcombe T. Green, Jr., HTG Corp., 3475 Piedmont Road, N.E., Suite 1600, Atlanta, Georgia 30305 (404) 261-1187 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 19, 2000 ----------------------------------------------------------------------- (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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7 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). (Continued on following pages) (Page 1 of 10 Pages) 2 SCHEDULE 13D - ----------------------------------- ------------------------------ CUSIP NO. 919610 5, 919630 3 PAGE 2 OF 10 PAGES ---------------------- ------ ------ - ----------------------------------- ------------------------------ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) WPS Investors, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) NA - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 ---------------------------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 15,483,306 EACH ---------------------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 15,483,306 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,483,306 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 31.3% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 PN ================================================================================ 3 SCHEDULE 13D - ----------------------------------- ------------------------------ CUSIP NO. 919610 5, 919630 3 PAGE 3 OF 10 PAGES ---------------------- ------ ------ - ----------------------------------- ------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) HTG Corp. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) 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 Georgia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 ---------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 16,283,639 OWNED BY ---------------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 0 ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 16,283,639 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,283,639 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 32.9% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 CO ================================================================================ 4 SCHEDULE 13D - ----------------------------------- ------------------------------ CUSIP NO. 919610 5, 919630 3 PAGE 4 OF 10 PAGES ---------------------- ------ ------ - ----------------------------------- ------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Holcombe T. Green, Jr. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) 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 United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,700,186 ------------------------------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 16,283,639 EACH ------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 1,700,186 ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 16,516,139 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,216,325 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [X] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (SEE INSTRUCTIONS) 36.9% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 14 IN ================================================================================ 5 AMENDMENT NO. 10 TO SCHEDULE 13-D This Amendment No. 10 amends the indicated items of the statement on Schedule 13D, as amended, relating to the Common Stock, $.01 par value ("Shares"), of WestPoint Stevens Inc., a Delaware corporation, filed on behalf of WPS Investors, L.P. ("WPS"), a Georgia limited partnership; HTG Corp., a Georgia corporation which is the sole general partner of WPS; and Holcombe T. Green, Jr., the President and sole director and shareholder of HTG Corp., as indicated below. Item 2. Identity and Background Item 2 is hereby restated as follows: (a) This statement is filed on behalf of WPS; HTG Corp., which is the sole general partner of WPS; and Holcombe T. Green, Jr., the sole director and shareholder and President of HTG Corp. The only other officers of HTG Corp. are Andrea Comeau-Shirley, Vice President and Treasurer, and Kristie W. McMahon, Secretary. WPS, HTG Corp. and Mr. Green are collectively referred to herein as the "reporting persons." (b) The principal business address of each of WPS, HTG Corp., Ms. Comeau-Shirley and Ms. McMahon is 3475 Piedmont Road, N.E, Suite 160, Atlanta, Georgia 30305. Mr. Green's business address is 13th Floor, 1185 Avenue of the Americas, New York, New York 10036. (c) WPS is a limited partnership which has invested solely in securities, including the Shares. HTG Corp. is a corporation whose principal business is to serve as general partner of WPS. The principal occupation of Ms. Comeau-Shirley is to serve as Vice President and Treasurer of HTG Corp., and the principal occupation of Ms. McMahon is to serve as Secretary of HTG Corp. The principal occupation of Mr.Green is serving as Chief Executive Officer of the issuer. (d) During the last five years, none of the reporting persons, Ms. Comeau-Shirley or Ms. McMahon has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the reporting persons, Ms. Comeau-Shirley or Ms. McMahon was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. 5 6 (f) Mr. Green, Ms. Comeau-Shirley and Ms. McMahon are citizens of the United States of America. WPS is a Georgia limited partnership, and HTG Corp. is a Georgia corporation. Item 4. Purpose of Transaction Item 4 is hereby restated as follows: The reporting persons originally acquired the Shares for investment purposes and have continuously reviewed this investment based on an evaluation of the issuer and its business and prospects. On May 19, 2000, the board of directors of the issuer announced that it had determined to terminate the Plan of Recapitalization (the "Recapitalization Plan") announced on March 24, 2000. Other than Shares which may be acquired by Mr. Green pursuant to compensatory plans related to his employment by the issuer, the reporting persons have no present intent to acquire additional Shares. The reporting persons do intend to review continuously their investment in the Shares, and, depending upon their evaluation of the issuer's business and prospects, the reporting persons may determine to purchase additional Shares or to dispose of all or a portion of the Shares held by such persons. In addition, WPS may dispose of Shares either directly or by distribution to redeem the interests of its limited partners. Except as otherwise described in this Item 4, none of the reporting persons nor Ms. Comeau-Shirley or Ms. McMahon has any plans or proposals which relate to or would result in any matter required to be disclosed in response to Item 4 of Schedule 13D. 6 7 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 19, 2000 /s/ HOLCOMBE T. GREEN, JR. --------------------------------------------------- Holcombe T. Green, Jr., signing in the capacities and on behalf of each of the persons listed in Exhibit 1 hereto. 7 8 EXHIBIT INDEX
Sequential Exhibit Description Page Number - ------- ----------- ----------- 1 Joint Acquisition Statement 9
8 EX-1 2 JOINT ACQUISITION STATEMENT 1 EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13(D)-1(F)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: May 19, 2000 /s/ HOLCOMBE T. GREEN, JR. --------------------------------------------------- Holcombe T. Green, Jr., signing in the capacities and on behalf of each of the persons listed on Schedule I hereto. 9 2 SCHEDULE I WPS INVESTORS, L.P. By: HTG Corp. General Partner By: Holcombe T. Green, Jr. President HTG CORP. By: Holcombe T. Green, Jr. President HOLCOMBE T. GREEN, JR. Individually 10 -----END PRIVACY-ENHANCED MESSAGE-----