-----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, B9IYuCCqtb8p6YQlJuC/mu9Dz00a0vT9cB45fPh1WwUXH4rm4Jf+QABx9BidMeGw 7bh3SMBnmnR7WAro6A7OwA== 0001116679-02-001657.txt : 20021009 0001116679-02-001657.hdr.sgml : 20021009 20021009172959 ACCESSION NUMBER: 0001116679-02-001657 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021009 GROUP MEMBERS: BIOBRIGHT CORPORATION GROUP MEMBERS: CLASSIC HEROES, INC. GROUP MEMBERS: ISAAC PERLMUTTER GROUP MEMBERS: ISAAC PERLMUTTER - T.A. GROUP MEMBERS: OBJECT TRADING CORP. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZIB INC ET AL CENTRAL INDEX KEY: 0001008178 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PO BOX 1028 CITY: LAKE WORTH STATE: FL ZIP: 33460-1028 MAIL ADDRESS: STREET 1: PO BOX 1028 CITY: LAKE WORTH STATE: FL ZIP: 33460-1028 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARVEL ENTERPRISES INC CENTRAL INDEX KEY: 0000933730 STANDARD INDUSTRIAL CLASSIFICATION: DOLLS & STUFFED TOYS [3942] IRS NUMBER: 133711775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49226 FILM NUMBER: 02785729 BUSINESS ADDRESS: STREET 1: 387 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2126960808 MAIL ADDRESS: STREET 1: 387 PARK AVE SOUTH CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: TOY BIZ INC DATE OF NAME CHANGE: 19941213 SC 13D/A 1 perl-13da.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4)* Marvel Enterprises, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) 8% Cumulative Convertible Exchangeable Preferred Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 57383M-20-7 - -------------------------------------------------------------------------------- (CUSIP Number) John N. Turitzin, Esq. Paul, Hastings, Janofsky & Walker LLP 1055 Washington Boulevard Stamford, CT 06901 (203) 961-7436 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 4, 2002 - -------------------------------------------------------------------------------- (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. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 2 of 9 Pages - ----------------------- ----------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Biobright Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 317,056 ----------------------------------------------- 8 SHARED VOTING POWER None ----------------------------------------------- 9 SOLE DISPOSITIVE POWER 317,056 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,828,155 (See Item 5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.0% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 3 of 9 Pages - ----------------------- ----------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Classic Heroes, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 317,056 ----------------------------------------------- 8 SHARED VOTING POWER None ----------------------------------------------- 9 SOLE DISPOSITIVE POWER 317,056 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,828,155 (See Item 5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.0% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 4 of 9 Pages - ----------------------- ----------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Isaac Perlmutter T.A. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 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 Florida - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 399,114 ----------------------------------------------- 8 SHARED VOTING POWER None ----------------------------------------------- 9 SOLE DISPOSITIVE POWER 399,114 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,828,155 (See Item 5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.0% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 5 of 9 Pages - ----------------------- ----------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Object Trading Corp. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 4,794,929 ----------------------------------------------- 8 SHARED VOTING POWER None ----------------------------------------------- 9 SOLE DISPOSITIVE POWER 4,794,929 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,828,155 (See Item 5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.0% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 6 of 9 Pages - ----------------------- ----------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Isaac Perlmutter - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 5,828,155 ----------------------------------------------- 8 SHARED VOTING POWER None ----------------------------------------------- 9 SOLE DISPOSITIVE POWER 5,828,155 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,828,155 (See Item 5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.0% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 7 of 9 Pages - ----------------------- ----------------------- This Amendment No. 4 to Schedule 13D amends and supplements the original Schedule 13D and Amendments No. 1, No. 2 and No. 3 thereto, which were filed with the Securities and Exchange Commission (the "Commission") on October 13, 1998, October 21, 1998, December 22, 1998 and November 3, 1999, respectively, on behalf of (1) the Isaac Perlmutter T.A., a Florida trust, (2) Isaac Perlmutter, (3) Biobright Corporation, a Delaware corporation, and (4) Classic Heroes, Inc., a Delaware corporation, with respect to the ownership of Common Stock of Marvel Enterprises, Inc. (the "Company"). Each capitalized term not defined in this amendment has the same meaning here as in the original 13D. Item 4. Item 4(a) is hereby amended and supplemented by adding the following: On October 7, 2002, the Company announced that it has commenced an offer to exchange shares of Common Stock for all 20.8 million outstanding shares of Preferred Stock at the rate of 1.39 shares of Common Stock for each share of 8% Preferred Stock (the "Exchange Transaction"). Mr. Perlmutter has indicated his intent to exchange all 5,828,155 shares of 8% Preferred Stock owned by him or his affiliates in the Exchange Transaction. If Mr. Perlmutter exchanges all 5,828,155 shares of his 8% Preferred Stock he will receive 8,101,135 shares of Common Stock and will no longer hold any shares of 8% Preferred Stock. Item 5. Interest in Securities of the Issuer. Item 5 is hereby amended and supplemented by adding the following: (a) As of October 4, 2002, due to the termination of the Stockholders' Agreement (described in Item 6, below), the Reporting Persons can no longer be deemed to beneficially own the shares of Common Stock owned by other members of the 13(d) Group. As of October 4, 2002, the Reporting Persons beneficially own an aggregate of 5,828,155 shares of 8% Preferred Stock, representing approximately 28.0% of the outstanding 8% Preferred Stock. Biobright Corporation ("Biobright") and Classic Heroes, Inc. ("Classic Heroes") are each the direct owners of 317,056 shares of 8% Preferred Stock, or 1.5% of the outstanding shares of 8% Preferred Stock. Isaac Perlmutter T.A. is the direct owner of 399,114 shares of 8% Preferred Stock, or 1.9% of the outstanding shares of 8% Preferred Stock. Object Trading Corp. is the direct owner of 4,794,929 shares of 8% Preferred Stock, or 23.0% of the outstanding shares of 8% Preferred Stock. Mr. Perlmutter is the sole stockholder of each of Biobright, Classic Heroes and Object Trading Corp., and a trustee and sole beneficiary of Isaac Perlmutter T.A.; as a result, he may be deemed to own all of the shares of 8% Preferred Stock owned by each of those entities. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. Item 6 is hereby amended and supplemented by adding the following: As of October 4, 2002, the Stockholders' Agreement was terminated by the Company and the stockholders of the Company still subject to the Stockholders' Agreement at that time. The foregoing does not purport to be a complete description of the termination of the Stockholders' Agreement and is qualified in its entirety by reference to the Agreement to Terminate the Stockholder's Agreement in Exhibit 10 hereof, which is incorporated herein by reference. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 8 of 9 Pages - ----------------------- ----------------------- Item 7. Material to Be Filed as Exhibits. Item 7 is hereby amended and supplemented by adding the following: [10] Agreement to Terminate the Stockholder's Agreement, dated October 4, 2002, by and between the Company and Whippoorwill Associates, Incorporated, as agent and/or general partner for various accounts, Avi Arad, Isaac Perlmutter, Isaac Perlmutter, T.A., The Laura and Isaac Perlmutter Foundation, Inc., Object Trading Corp., Zib, Inc. and Morgan Stanley & Co. Incorporated, is incorporated by reference to Exhibit 10.2 of the Current Report on Form 8-K filed with the Commission on October 7, 2002. [11] Joint Filing Agreement, dated October 9, 2002, by and among the signatories of this Schedule 13D. - ----------------------- ----------------------- CUSIP No. 57383M-20-7 SCHEDULE 13D Page 9 of 9 Pages - ----------------------- ----------------------- SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 9, 2002 /s/ Isaac Perlmutter ---------------------------------------- Isaac Perlmutter BIOBRIGHT CORPORATION By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President CLASSIC HEROES, INC. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President ISAAC PERLMUTTER, T.A. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President OBJECT TRADING CORP. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President Exhibit 11 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(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 filing agreements. 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 it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts and all of such counterparts taken together shall constitute one and the same instrument. Dated: October 9, 2002 OBJECT TRADING CORP. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President ISAAC PERLMUTTER T.A. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter, Trustee Title: President By: /s/ Isaac Perlmutter -------------------------------------- Isaac Perlmutter BIOBRIGHT CORPORATION By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President CLASSIC HEROES, INC. By: /s/ Isaac Perlmutter -------------------------------------- Name: Isaac Perlmutter Title: President -2- -----END PRIVACY-ENHANCED MESSAGE-----