-----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, UiewSs+nGAacLX4ULMRhE9XYFoWXdSBdErcurMGTo1kQaVNX5oipmptpZ1Xbsfd7 bPSXp1B3HN15oNlnTdVnsg== 0001116679-02-001845.txt : 20021121 0001116679-02-001845.hdr.sgml : 20021121 20021121155749 ACCESSION NUMBER: 0001116679-02-001845 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021121 GROUP MEMBERS: ISAAC PERLMUTTER GROUP MEMBERS: ISAAC PERLMUTTER T.A. GROUP MEMBERS: OBJECT TRADING CORP. GROUP MEMBERS: ZIB, INC. 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: 02836183 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ISAAC PERLMUTTER TRUST 01/28/1993 CENTRAL INDEX KEY: 0001206717 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O MARAVEIL ENTERPRISES INC STREET 2: 40 EAST 10TH STREET CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2125768550 MAIL ADDRESS: STREET 1: C/O MARVEL ENTERPRISES INC STREET 2: 40 EAST 10TH STREET CITY: NEW YORK STATE: NY ZIP: 10016 SC 13D/A 1 perl13da.txt AMENDMENT NO. 7 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________ SCHEDULE 13D (RULE 13d-1) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(A) (AMENDMENT NO. 7)(1) MARVEL ENTERPRISES, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 57383M108 (CUSIP Number) JOHN N. TURITZIN, ESQ. PAUL, HASTINGS, JANOFSKY & WALKER LLP 1055 WASHINGTON BOULEVARD STAMFORD, CT 06901 (203) 961-7400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) NOVEMBER 18, 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 that 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 shall include a signed original and five copies of the schedule, including all exhibits. See 13d-7 for other parties to whom copies are to be sent. - ---------- 1 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 the disclosures provided in a prior cover page. The information required in 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 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. 57383M108 13D PAGE 2 OF 9 PAGES - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Isaac Perlmutter - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 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 NUMBER OF 26,692,941 SHARES ---------------------------------------------------------------- 8. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ---------------------------------------------------------------- 9. SOLE DISPOSITIVE POWER EACH 26,692,941 REPORTING ---------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER PERSON WITH 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,692,941 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 38.5% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 57383M108 13D PAGE 3 OF 9 PAGES - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Object Trading Corp. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 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 9,748,453 SHARES ---------------------------------------------------------------- 8. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ---------------------------------------------------------------- 9. SOLE DISPOSITIVE POWER EACH 9,748,453 REPORTING ---------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER PERSON WITH 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,748,453 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 15.3% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 57383M108 13D PAGE 4 OF 9 PAGES - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Isaac Perlmutter T.A. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 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 9,859,763 SHARES ---------------------------------------------------------------- 8. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ---------------------------------------------------------------- 9. SOLE DISPOSITIVE POWER EACH 9,859,763 REPORTING ---------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER PERSON WITH 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,859,763 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 16.2% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 57383M108 13D PAGE 5 OF 9 PAGES - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Zib, Inc. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|X| - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 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 NUMBER OF 9,256,000 SHARES ---------------------------------------------------------------- 8. SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ---------------------------------------------------------------- 9. SOLE DISPOSITIVE POWER EACH 9,256,000 REPORTING ---------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER PERSON WITH 0 - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,256,000 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 15.2% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 7 to Schedule 13D is being filed on behalf of (1) Isaac Perlmutter; (2) Object Trading Corp; (3) Isaac Perlmutter T.A.; and (4) Zib, Inc. to amend and supplement the original Schedule 13D and all Amendments thereto, which were filed with the Securities and Exchange Commission on behalf of (1) Zib, Inc.; (2) Isaac Perlmutter T.A.; (3) Object Trading Corp.; (4) the Laura & Isaac Perlmutter Foundation Inc.; (5) Isaac Perlmutter; (6) Biobright Corporation; (7) Classic Heroes, Inc.; and (8) Tangible Media, Inc., with respect to the ownership of common stock of Marvel Enterprises, Inc. ("Marvel"). This amendment is being filed pursuant to Rule 13d-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended. ITEM 1. SECURITY OF ISSUER. Item 1 is hereby amended and restated as follows: This statement on Schedule 13D (this "Statement") relates to the common stock, par value $0.01 per share (the "Common Stock"), of Marvel, a Delaware corporation. The principal executive offices of Marvel are located at 10 East 40th Street, New York, New York 10016. ITEM 2. IDENTITY AND BACKGROUND. Item 2 is hereby amended and restated as follows: (a) - (c) and (f). This Statement is filed by Isaac Perlmutter and the following three affiliated entities of Mr. Perlmutter: Object Trading Corp., a Florida corporation ("Object Trading"); Isaac Perlmutter T.A., a Florida trust (the "Trust"); and Zib, Inc., a Delaware corporation ("Zib"). Mr. Perlmutter is the sole stockholder of Object Trading. Mr. Perlmutter is a trustee and the sole beneficiary of the Trust, and may revoke the Trust at any time. The Trust is the sole stockholder of Zib. Mr. Perlmutter, Object Trading, the Trust and Zib are together referred to in this Statement as the "Reporting Persons." The principal business of Object Trading is investment. The business address and the principal executive office of Object Trading is 10 East 40th Street, New York, New York 10016. The principal business of the Trust is investment. The business address and the principal executive office of the Trust is P.O. Box 1028, Lake Worth, Florida 33460. The principal business of Zib is investment. The business address and the principal executive office of Zib is 1105 North Market Street, Room 1300, Wilmington, Delaware 19801. The name, business address and present principal occupation or employment of Mr. Perlmutter and of each of the executive officers and directors of the Reporting Persons are set forth on Schedule I attached hereto, which is incorporated herein by reference. Each natural person identified in Schedule I is a citizen of the United States. (Page 6 of 9 Pages) (d) and (e). During the last five years, none of the Reporting Persons, and, to the best of their knowledge, none of the persons listed on Schedule I attached hereto, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was 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 or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is hereby amended by adding the following: In connection with Marvel's offer to exchange shares of its Common Stock for all 20.8 million outstanding shares of 8% Cumulative Convertible Exchangeable Preferred Stock (the "Preferred Stock") at an exchange rate of 1.39 shares of Common Stock for each share of Preferred Stock tendered (the "Offer to Exchange"), Mr. Perlmutter tendered for exchange all 5,828,152 shares of Preferred Stock beneficially owned by him and the other Reporting Persons and received 8,101,132 new shares of Common Stock in exchange therefor (the "Exchange Securities"). Prior to the Offer to Exchange and pursuant to the then existing conversion rights of the Preferred Stock, Mr. Perlmutter and the other Reporting Persons were entitled to convert their combined 5,828,152 shares of Preferred Stock, at a conversion ratio of 1.039, into 6,055,449 shares of Marvel Common Stock. ITEM 4. PURPOSE OF TRANSACTION. Item 4 is hereby amended and restated as follows: The Exchange Securities were acquired as part of the Offer to Exchange and will be held for investment purposes. The Reporting Persons may from time to time acquire additional securities of Marvel through open market or privately negotiated transactions depending on market conditions and other considerations that the Reporting Persons may deem relevant. The Reporting Persons intend to review their investment in Marvel on a continuing basis and, depending upon price and availability of securities of Marvel, subsequent developments affecting Marvel, Marvel's business and prospects, general stock market and economic conditions, tax considerations and other factors deemed relevant, may decide to increase or decrease the size of their investment in Marvel. The Reporting Persons may also decide to take any other action with respect to Marvel or any of its debt or equity securities in any manner permitted by law. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended and restated as follows: (a) As of November 19, 2002, the Reporting Persons (including all executive officers and directors set forth in Schedule I) may be deemed to beneficially own, to the best of their knowledge, an aggregate of 26,692,941 shares of Common Stock, representing approximately 38.5% of the outstanding shares of Common Stock. (Page 7 of 9 Pages) (b) Mr. Perlmutter may be deemed to possess the sole power to vote and dispose of an aggregate amount of 26,692,941 shares of Marvel Common Stock. Mr. Perlmutter beneficially owns 5,553,309 shares of Common Stock, of which 5,533,309 shares relate to options and warrants that are immediately exercisable. As the sole stockholder of Object Trading; Classic Heroes, Inc.; Biobright Corporation; and Tangible Media, Inc., Mr. Perlmutter beneficially owns 11,029,869 shares of Common Stock owned by these entities. As a director and the president of the Laura & Isaac Perlmutter Foundation, Inc., a Florida not-for-profit corporation, Mr. Perlmutter beneficially owns 250,000 shares of Common Stock owned by that foundation. Finally, because the Trust is the sole stockholder of Zib, which owns 9,256,000 shares of Common Stock, and because Mr. Perlmutter is a trustee and the sole beneficiary of the Trust, which owns 603,763 shares of Common Stock, he may be deemed to beneficially own the combined amount of 9,859,763 shares of Common Stock owned by these two entities. Object Trading may be deemed to possess the sole power to vote and dispose of 9,748,453 shares of Marvel Common Stock. As more fully described above, the Trust may be deemed to possess the sole power to vote and dispose of an aggregate amount of 9,859,763 shares of Marvel Common Stock. Zib may be deemed to possess the sole power to vote and dispose of 9,256,000 shares of Marvel Common Stock. With regard to each executive officer and director of Object Trading, the Trust and Zib, such individuals have the sole power to vote and dispose of that amount of Marvel Common Stock set forth on Schedule I attached hereto. (c) Except as otherwise provided in Item 4 above, the Reporting Persons have not effected any transactions in the Common Stock since their last Schedule 13D filing (Amendment No. 6) on October 9, 2002. (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF ISSUER. Unchanged. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. 14. First Amended Joint Filing Agreement, dated November 20, 2002, by and among the signatories thereto. (Page 8 of 9 Pages) SIGNATURE 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: November 20, 2002 By: /s/ Isaac Perlmutter ----------------------------------- Isaac Perlmutter Dated: November 20, 2002 OBJECT TRADING CORP. By: /s/ Isaac Perlmutter ----------------------------------- Name: Isaac Perlmutter Title: President Dated: November 20, 2002 ISAAC PERLMUTTER T.A. By: /s/ Isaac Perlmutter ----------------------------------- Name: Isaac Perlmutter Title: Trustee Dated: November 20, 2002 ZIB, INC. By: /s/ Isaac Perlmutter ----------------------------------- Name: Isaac Perlmutter Title: President (Page 9 of 9 Pages) SCHEDULE I ---------- EXECUTIVE OFFICERS AND DIRECTORS The name and present principal occupation or employment of each of the executive officers and directors of Object Trading, the Trust and Zib are set forth below. 1. OBJECT TRADING CORP. -------------------- Present Principal Occupation or Marvel Name and Positions Held Employment Business Address Ownership - ----------------------- ---------- ---------------- --------- Isaac Perlmutter Investor P.O. Box 1028 26,692,941 President and sole Lake Worth, FL Director 33460 2. ISAAC PERLMUTTER T.A. --------------------- Present Principal Occupation or Marvel Name and Positions Held Employment Business Address Ownership - ----------------------- ---------- ---------------- --------- Isaac Perlmutter Investor P.O. Box 1028 26,692,941 Trustee Lake Worth, FL 33460 Laura Perlmutter Investor P.O. Box 1028 -0- Trustee Lake Worth, FL 33460 3. ZIB, INC. --------- Present Principal Occupation or Marvel Name and Positions Held Employment Business Address Ownership - ----------------------- ---------- ---------------- --------- Isaac Perlmutter Investor P.O. Box 1028 26,692,941 President and Lake Worth, FL Director 33460 Robert M. Grosser Consultant RKG Consulting -0- Director Corp. 63 Ramapo Valley Road Suite 101 Mahwah, NJ 07430 EXHIBIT 14 FIRST AMENDED JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1) The undersigned hereby acknowledge and agree that the Laura & Isaac Perlmutter Foundation, Inc.; Biobright Corporation; Classic Heroes, Inc.; and Tangible Media, Inc. shall no longer be parties to this Joint Filing Agreement considering that they are no longer obligated to file a Schedule 13D with the Securities and Exchange Commission. The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed solely on behalf of Isaac Perlmutter, Object Trading Corp., Isaac Perlmutter T.A. and Zib, Inc. (the "Reporting Persons") and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the Reporting Persons without the necessity of filing additional joint filing agreements. The Reporting Persons 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: November 20, 2002 By: /s/ Isaac Perlmutter ------------------------------------ Isaac Perlmutter ZIB, INC. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President ISAAC PERLMUTTER T.A. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: Trustee OBJECT TRADING CORP. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President LAURA & ISAAC PERLMUTTER FOUNDATION, INC. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President BIOBRIGHT CORPORATION By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President CLASSIC HEROES, INC. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President TANGIBLE MEDIA, INC. By: /s/ Isaac Perlmutter --------------------------------- Name: Isaac Perlmutter Title: President -----END PRIVACY-ENHANCED MESSAGE-----