-----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, HQOoWW/E5Aow6GR19KYKhFh67c5RpQYKeKWplYLWaobGc15itkaYJJVFiL/xh6uf D8TSbYEMBAZpPxz8L7A3vQ== 0000909518-98-000621.txt : 19980928 0000909518-98-000621.hdr.sgml : 19980928 ACCESSION NUMBER: 0000909518-98-000621 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980925 SROS: NONE GROUP MEMBERS: CENTRE CAPITAL INVESTORS II, L.P. GROUP MEMBERS: CENTRE CAPITAL OFFSHORE INVESTORS II, L.P. GROUP MEMBERS: CENTRE CAPITAL TAX-EXEMPT INVESTORS II, L.P. GROUP MEMBERS: CENTRE PARALLEL MANAGMENT PARTNERS, L.P. GROUP MEMBERS: CENTRE PARTNERS COINVESTMENT, L.P. GROUP MEMBERS: CENTRE PARTNERS II LLC GROUP MEMBERS: CENTRE PARTNERS II, L.P. GROUP MEMBERS: CENTRE PARTNERS MANAGMENT LLC GROUP MEMBERS: STATE BOARD OF ADMINISTRATION OF FLORIDA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SALTON MAXIM HOUSEWARES INC CENTRAL INDEX KEY: 0000878280 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC HOUSEWARES & FANS [3634] IRS NUMBER: 363777824 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42085 FILM NUMBER: 98714949 BUSINESS ADDRESS: STREET 1: 550 BUSINESS CENTER DR STREET 2: C/O KENSINGTON CENTER CITY: MOUNT PROSPECT STATE: IL ZIP: 60056 BUSINESS PHONE: 7088034600 MAIL ADDRESS: STREET 1: 550 BUSINESS CENTER DRIVE CITY: MT PROSPECT STATE: IL ZIP: 60056 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CENTRE PARTNERS II LLC CENTRAL INDEX KEY: 0001033304 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133866629 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2123325800 MAIL ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 SC 13D/A 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 1) ----------------------- SALTON/MAXIM HOUSEWARES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE 795757103 - ------------------------------------------- -------------------------------- (Title of class of securities) (CUSIP number) NORMAN D. CHIRITE, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NY 10153 (212) 310-8000 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) SEPTEMBER 16, 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(e), 13d-1(f) or 13d-1(g), check the following box [_]. Note: Schedules filed in paper format should 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. (Continued on following pages) ================================================================================ Page 1 of 18 Pages NYFS08...:\60\34460\0037\2024\SCH9248J.350
- -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D Page 2 of 10 - -------------------------------------------------------- -------------------------------------- - -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE PARTNERS II LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (b) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 2,566,641 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,566,641 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 2,566,641 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 28.8% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - --------------------------------------------------------------------------------------------------------- Page 2 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 3 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE CAPITAL INVESTORS II, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 790,012 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 790,012 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 790,012 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.9% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- Page 3 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 4 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE CAPITAL TAX-EXEMPT INVESTORS II, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 257,048 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 257,048 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 257,048 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 2.9% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- Page 4 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 5 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE CAPITAL OFFSHORE INVESTORS II, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF BERMUDA ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 171,900 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 171,900 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 171,900 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 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: PN - --------------------------------------------------------------------------------------------------------- Page 5 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 6 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE PARTNERS COINVESTMENT, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 135,840 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 135,840 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 135,840 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 1.5% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- Page 6 of 18 Pages - ------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 7 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE PARALLEL MANAGEMENT PARTNERS, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 12,128 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 12,128 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 12,128 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.1% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- Page 7 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 8 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE PARTNERS MANAGEMENT LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,218,960 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,218,960 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 1,218,960 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 13.7% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - --------------------------------------------------------------------------------------------------------- Page 8 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 9 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: CENTRE PARTNERS II, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF DELAWARE ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,218,960 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,218,960 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 1,218,960 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 13.7% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - --------------------------------------------------------------------------------------------------------- Page 9 of 18 Pages - -------------------------------------------------------- -------------------------------------- CUSIP No. 795757103 13D PAGE 10 OF 10 - -------------------------------------------------------- -------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: STATE BOARD OF ADMINISTRATION OF FLORIDA I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ] TO ITEM 2(d) OR 2(e): - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF FLORIDA ORGANIZATION: - --------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 1,199,713 OWNED BY ---------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 1,199,713 - --------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 1,199,713 REPORTING PERSON: - --------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ] SHARES: - --------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 13.4% - --------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - ---------------------------------------------------------------------------------------------------------
Page 10 of 18 Pages This Amendment No. 1 ("Amendment No. 1") amends the Statement on Schedule 13D (the "Schedule 13D") filed on August 7, 1998, by and on behalf of Centre Partners II LLC, Centre Capital Investors II, L.P., Centre Capital Tax-Exempt Investors II, L.P., Centre Capital Offshore Investors II, L.P., Centre Partners Coinvestment, L.P., Centre Parallel Management Partners, L.P., Centre Partners Management LLC, Centre Partners II, L.P. and the State Board of Administration of Florida (collectively, the "Reporting Persons"). Capitalized terms used herein and not defined herein have the meanings ascribed thereto in the Schedule 13D. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Since the filing of the Schedule 13D, CCI II purchased an aggregate of 65,777 shares of Common Stock for total consideration of $919,031.20 derived from capital of CCI II. Since the filing of the Schedule 13D, Centre Tax-Exempt purchased an aggregate of 21,401 shares of Common Stock for total consideration of $299,013.91 derived from capital of Centre Tax-Exempt. Since the filing of the Schedule 13D, Centre Offshore purchased an aggregate of 14,312 shares of Common Stock for total consideration of $199,966.72 derived from capital of Centre Offshore. Since the filing of the Schedule 13D, Centre Parallel purchased an aggregate of 1,010 shares of Common Stock for total consideration of $14,111.62 derived from capital of Centre Parallel. Since the filing of the Schedule 13D, Centre Coinvestment purchased an aggregate of 11,311 shares of Common Stock for total consideration of $158,035.21 derived from capital of Centre Coinvestment. Since the filing of the Schedule 13D, the State Board purchased an aggregate of 99,889 shares of Common Stock for total consideration of $1,395,641.10 derived from capital of the State Board. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the date of this Statement, the Reporting Persons beneficially owned in the aggregate 2,566,641 shares of Common Stock, which includes 40,000 shares of Preferred Stock (which shares of Preferred Stock are convertible into 2,352,941 shares of Common Stock), constituting 28.8% of the outstanding shares of Common Stock (the percentage of shares of Common Stock owned being based upon (x) 13,103,644 shares of Common Stock outstanding on July 24, 1998, as set forth on that certain LaSalle National Bank Transfer Agent's Certificate, dated July 24, 1998, less (y) 6,535,072 shares of Common Stock repurchased by the Corporation from Windmere-Durable Holdings, Inc. on July 28, 1998, plus (z) 2,352,941 shares of Common Stock representing conversion of the 40,000 outstanding shares of Preferred Stock). Page 11 of 18 Pages The responses to Items 11 and 13 on each of pages 2-10 hereof which relate to beneficial ownership of shares of Common Stock with respect to each reporting person are incorporated herein by reference. (b) The responses to Items 7-11 on each of pages 2-10 hereof which relate to voting and disposition of shares of Common Stock with respect to each reporting person are incorporated herein by reference. Centre Partners is the general partner of Centre Coinvestment and Centre Parallel and the general partner of the general partner of CCI II, Centre Tax-Exempt and Centre Offshore, which are the holders of record of the following amounts of Common Stock (which includes shares of Preferred Stock convertible into Common Stock): Common Stock ------------ Centre Partners Coinvestment, L.P. 135,840 Centre Capital Investors II, L.P. 790,012 Centre Capital Tax-Exempt Investors II, L.P. 257,048 Centre Capital Offshore Investors II, L.P. 171,900 Centre Parallel Management Partners, L.P. 12,128 ----------------- TOTAL 1,366,928 In addition, pursuant to certain investment management arrangements, Centre Partners has been delegated voting and dispositive power with respect to the 18,697 shares of Preferred Stock and the 99,889 shares of Common Stock owned by the State Board. Thus, Centre Partners may be deemed to beneficially own and have voting and dispositive power over a total of 2,566,641 shares of Common Stock. Centre Partners II, L.P. is the general partner of Centre Offshore, Centre Tax-Exempt and CCI II, which are the holders of record of the following amounts of Common Stock (which includes shares of Preferred Stock convertible into Common Stock): Common Stock ------------ Centre Capital Offshore Investors II, L.P. 171,900 Centre Capital Tax-Exempt Investors II, L.P. 257,048 Centre Capital Investors II, L.P. 790,012 ---------------- TOTAL 1,218,960 Thus, Centre Partners II, L.P. may be deemed to beneficially own and have voting and dispositive power over a total of 1,218,960 shares of Common Stock. Page 12 of 18 Pages Pursuant to a Management Agreement, Centre Management has been delegated voting and dispositive power with respect to shares owned by CCI II, Centre Offshore and Centre Tax-Exempt, which are the holders of record of the following amounts of Common Stock (which includes shares of Preferred Stock convertible into Common Stock): Common Stock ------------ Centre Capital Investors II, L.P. 790,012 Centre Capital Tax-Exempt Investors II, L.P. 257,048 Centre Capital Offshore Investors II, L.P. 171,900 ---------------- TOTAL 1,218,960 Thus, Centre Management has been delegated voting and dispositive power with respect to a total of 1,218,960 shares of Common Stock. All of the Members disclaim any beneficial ownership of any of the shares of Common Stock reported herein except to the extent of their economic interest therein. (c) Information concerning transactions in shares of Common Stock by the Reporting Persons during the past sixty days or since the filing of the Schedule 13D, whichever is less, is set forth in Exhibit D attached hereto, which is incorporated by reference. (d) See Item 5(b). (e) Not applicable. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. Exhibit D - Information concerning transactions in shares of Common Stock effected by the Reporting Persons during the past sixty days or since the filing of the Schedule 13D, whichever is less. Page 13 of 18 Pages SIGNATURE --------- After reasonable inquiry and to the best of his or her knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: September 24, 1998 CENTRE PARTNERS II LLC By: /s/ Bruce G. Pollack ----------------------------------------------- Bruce G. Pollack, Managing Director CENTRE CAPITAL INVESTORS II, L.P. CENTRE CAPITAL TAX-EXEMPT INVESTORS II, L.P. CENTRE CAPITAL OFFSHORE INVESTORS II, L.P. By: Centre Partners II, L.P., as its General Partner By: Centre Partners Management LLC, as Attorney-in-fact By: /s/ Bruce G. Pollack ------------------------------------ Bruce G. Pollack, Managing Director CENTRE PARALLEL MANAGEMENT PARTNERS, L.P. CENTRE PARTNERS COINVESTMENT, L.P. By: Centre Partners II LLC, as its General Partner By: /s/ Bruce G. Pollack ----------------------------------------- Bruce G. Pollack, Managing Director CENTRE PARTNERS MANAGEMENT LLC By: /s/ Bruce G. Pollack ----------------------------------------------- Bruce G. Pollack, Managing Director Page 14 of 18 Pages CENTRE PARTNERS II, L.P. By: Centre Partners Management LLC, as Attorney-in-fact By: /s/ Bruce G. Pollack ----------------------------------------- Bruce G. Pollack, Managing Director STATE BOARD OF ADMINISTRATION OF FLORIDA By: Centre Parallel Management Partners, L.P. Manager By: Centre Partners Manager LLC, as Attorney-in-fact By: /s/ Bruce G. Pollack ----------------------------------- Bruce G. Pollack, Managing Director Page 15 of 18 Pages EXHIBIT INDEX ------------- Exhibit Page No. - ------- -------- D. Information concerning transactions 17 in shares of Common Stock effected by the Reporting Persons during the past sixty days or since the filing of the Schedule 13D, whichever is less. Page 16 of 18 Pages Exhibit D TRANSACTIONS IN COMMON STOCK OF THE CORPORATION ----------------------------------------------- The Reporting Persons engaged in the following transactions in shares of Common Stock of the Corporation during the past 60 days or since the filing of the Schedule 13D, whichever is less. All transactions involved purchases of shares on the Nasdaq National Market. Reporting Person With Direct Beneficial Date of Number of Price Per Ownership Transaction Shares Share - ------------ ----------- ---------- ----- CCI II 9/10/98 9,234 $13.4687 CCI II 9/14/98 2,155 $14.9375 CCI II 9/15/98 13,820 $14.7250 CCI II 9/16/98 8,280 $14.7500 CCI II 9/17/98 5,879 $14.4375 CCI II 9/18/98 6,802 $14.4687 CCI II 9/22/98 8,834 $13.2452 CCI II 9/23/98 10,773 $12.6742 Centre Tax-Exempt 9/10/98 3,004 $13.4687 Centre Tax-Exempt 9/14/98 701 $14.9375 Centre Tax-Exempt 9/15/98 4,498 $14.7250 Centre Tax-Exempt 9/16/98 2,693 $14.7500 Centre Tax-Exempt 9/17/98 1,913 $14.4375 Centre Tax-Exempt 9/18/98 2,213 $14.4687 Centre Tax-Exempt 9/22/98 2,874 $13.2452 Centre Tax-Exempt 9/23/98 3,505 $12.6742 Centre Offshore 9/10/98 2,009 $13.4687 Centre Offshore 9/14/98 469 $14.9375 Centre Offshore 9/15/98 3,007 $14.7250 Centre Offshore 9/16/98 1,802 $14.7500 Page 17 of 18 Pages Centre Offshore 9/17/98 1,279 $14.4375 Centre Offshore 9/18/98 1,480 $14.4687 Centre Offshore 9/22/98 1,922 $13.2452 Centre Offshore 9/23/98 2,344 $12.6742 Centre Parallel 9/10/98 142 $13.4687 Centre Parallel 9/14/98 33 $14.9375 Centre Parallel 9/15/98 212 $14.7250 Centre Parallel 9/16/98 127 $14.7500 Centre Parallel 9/17/98 90 $14.4375 Centre Parallel 9/18/98 105 $14.4687 Centre Parallel 9/22/98 136 $13.2452 Centre Parallel 9/23/98 165 $12.6742 Centre Coinvestment 9/10/98 1,588 $13.4687 Centre Coinvestment 9/14/98 370 $14.9375 Centre Coinvestment 9/15/98 2,376 $14.7250 Centre Coinvestment 9/16/98 1,424 $14.7500 Centre Coinvestment 9/17/98 1,011 $14.4375 Centre Coinvestment 9/18/98 1,170 $14.4687 Centre Coinvestment 9/22/98 1,519 $13.2452 Centre Coinvestment 9/23/98 1,853 $12.6742 State Board 9/10/98 14,023 $13.4687 State Board 9/14/98 3,272 $14.9375 State Board 9/15/98 20,987 $14.7250 State Board 9/16/98 12,574 $14.7500 State Board 9/17/98 8,928 $14.4375 State Board 9/18/98 10,330 $14.4687 State Board 9/22/98 13,415 $13.2452 State Board 9/23/98 16,360 $12.6742 Page 18 of 18 Pages -----END PRIVACY-ENHANCED MESSAGE-----