-----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, IPV+RoiQynMutzoSJahdGAmdMM9Mgq+xtXXOqp6+/rDH31dQau3w9+cHpJL3C+z2 AmJSnDeudE20Ar1QR7Gvxg== 0000950128-01-500263.txt : 20010706 0000950128-01-500263.hdr.sgml : 20010706 ACCESSION NUMBER: 0000950128-01-500263 CONFORMED SUBMISSION TYPE: POS AM PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: USX CORP CENTRAL INDEX KEY: 0000101778 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 250996816 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS AM SEC ACT: SEC FILE NUMBER: 333-88947 FILM NUMBER: 1675521 BUSINESS ADDRESS: STREET 1: 600 GRANT ST STREET 2: ROOM 1312 CITY: PITTSBURGH STATE: PA ZIP: 15219-4776 BUSINESS PHONE: 4124331121 MAIL ADDRESS: STREET 1: 600 GRANT STREET STREET 2: ROOM 1312 CITY: PITTSBURGH STATE: PA ZIP: 15219-4776 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES STEEL CORP/DE DATE OF NAME CHANGE: 19860714 POS AM 1 j8928901posam.txt USX CORPORATION 1 As filed with the Securities and Exchange Commission on July 5, 2001 Registration No. 333-88947 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------------------- POST EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ---------------------------------- USX CORPORATION (Exact name of Registrant as Specified in Its Charter) DELAWARE 25-0996816 (State or Other Jurisdiction (I.R.S. Employer of Incorporation or Organization) Identification Number) 600 Grant Street Pittsburgh, PA 15219-4776 (412) 433-1121 (Address, Including Zip Code, and Telephone Number, Including Are Code, of Registrants Principal Executive Offices) Dan D. Sandman General Counsel, Secretary and Senior Vice President- Human Resources & Public Affairs USX Corporation 600 Grant Street Pittsburgh, PA 15219-4776 (412) 433-1121 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service) Approximate date of commencement of proposed sale to public: not applicable. If any of the securities being registered on this form are to be offered pursuant to dividend or interest reinvestment plans, please check the following box. [ ] If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. [x] If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] _________________ If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] _________________ If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box. [ ] 2 EXPLANATORY NOTE This Post-Effective Amendment No. 1 (the "Amendment") to the Registration Statement on Form S-3 (Registration No. 333-88947) (the "Registration Statement") of USX Corporation, a Delaware corporation ("Old USX"), is being filed by USX Corporation (formerly USX HoldCo, Inc.), a Delaware corporation (the "Company"), pursuant to Rule 414 under the Securities Act of 1933, as amended (the "Securities Act"), to reflect the adoption by Old USX of a holding company form of organizational structure. The holding company organizational structure was implemented in accordance with Section 251(g) of the Delaware General Corporation Law (the "DGCL") pursuant to a Holding Company Reorganization Agreement, dated as of July 1, 2001 (the "Reorganization Agreement"), by and among the Company, Old USX, and United States Steel LLC, a Delaware limited liability company and wholly owned subsidiary of the Company ("SteelCo"). Pursuant to the terms and subject to the conditions of the Reorganization Agreement and in accordance with Section 251(g) of the DGCL and Section 18-209 of the Delaware Limited Liability Company Act, effective on July 2, 2001, Old USX was merged with and into SteelCo (the "Reorganization Merger"). At the effective time of the Reorganization Merger, SteelCo continued as the surviving entity and as a wholly owned Subsidiary of USX and the separate corporate existence of Old USX ceased in accordance with the DGCL. In the Reorganization Merger: (i) each share of Old USX-Marathon Group Common Stock, par value $1.00 per share ("Old USX-Marathon Group Common Stock") issued and outstanding or held in treasury was automatically converted into one share of the Company's Marathon Group Common Stock, par value $1.00 per share ("New Marathon Group Common Stock"), (ii) each share of Old USX-U. S. Steel Group Common Stock, par value $1.00 per share ("Old USX-U. S. Steel Group Common Stock") issued and outstanding or held in treasury was automatically converted into one share of the Company's U. S. Steel Group Common Stock, par value $1.00 per share ("New U. S. Steel Group Common Stock"), and (iii) each share of Old USX 6.50% Cumulative Convertible Preferred Stock, no par value, issued and outstanding or held in treasury was automatically converted into one share of 6.50% Cumulative Convertible Preferred Stock, no par value, of the Company. Additionally, (i) each outstanding option to purchase Old USX-Marathon Common Stock and Old USX-U. S. Steel Group Common Stock issued pursuant to the 1990 Stock Plan was assumed by USX and now represents an option to purchase, upon the same terms and conditions, an identical number of shares of New Marathon Group Common Stock and New U. S. Steel Group Common Stock, respectively, (ii) each outstanding restricted share of Old USX-Marathon Common Stock and Old USX-U. S. Steel Group Common Stock was automatically converted into a restricted share of New Marathon Group Common Stock and New U. S. Steel Group Common Stock, respectively, and (iii) each outstanding stock appreciation right relating to Old USX-Marathon Common Stock and Old USX-U. S. Steel Group Common Stock issued pursuant to the 1990 Stock Plan was assumed by USX and now represents a stock appreciation right relating to New Marathon Group Common Stock and New U. S. Steel Group Common Stock, respectively. In accordance with Rule 414 under the Securities Act, the Company, as the successor issuer to Old USX, hereby expressly adopts Registration Statement No. 333-88947 on Form S-3 as its own for all purposes of the Securities Act and the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The applicable registration fees were paid at the time of the original filing of the Registration Statement. 3 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Pittsburgh, State of Pennsylvania, on July 5, 2001. USX CORPORATION By: /s/ Larry G. Schultz ---------------------------------- Name: Larry G. Schultz Title: Vice President - Accounting Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 1 to the Form S-3 Registration Statement has been signed below by the following persons in the capacities indicated on July 5, 2001. NAME TITLE * Chairman of the Board & Chief - ------------------------------------------ Executive Officer and Director Thomas J. Usher * Vice Chairman & Chief Financial - ------------------------------------------ Officer and Director Robert M. Hernandez /s/ Larry G. Schultz Vice President - Accounting - ------------------------------------------ Larry G. Schultz * Director - ------------------------------------------ Neil A. Armstrong * Vice Chairman and Director - ------------------------------------------ Clarence P. Cazalot, Jr. * Director - ------------------------------------------ J. Gary Cooper * Director - ------------------------------------------ Charles A. Corry * Director - ------------------------------------------ Shirley Ann Jackson * Director - ------------------------------------------ Charles R. Lee * Director - ------------------------------------------ Paul E. Lego 4 NAME TITLE * Director - ------------------------------------------ John F. McGillicuddy * Director - ------------------------------------------ Seth E. Schofield * Director - ------------------------------------------ John W. Snow * Director - ------------------------------------------ Douglas C. Yearley * By: /s/ Larry G. Schultz ------------------------------------- Larry G. Schultz, attorney-in-fact 5 EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 24 Powers of Attorney EX-24 2 j8928901ex24.txt POWERS OF ATTORNEY 1 Exhibit 24 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Neil A. Armstrong --------------------------------- 2 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Clarence P. Cazalot, Jr. --------------------------------- 3 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ J. Gary Cooper --------------------------------- 4 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Charles A. Corry --------------------------------- 5 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Robert M. Hernandez --------------------------------- 6 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Shirley Ann Jackson --------------------------------- 7 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Charles R. Lee --------------------------------- 8 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Paul E. Lego --------------------------------- 9 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ John F. McGillicuddy --------------------------------- 10 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Seth E. Schofield --------------------------------- 11 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ John W. Snow --------------------------------- 12 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Thomas J. Usher --------------------------------- 13 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the undersigned does hereby make, constitute and appoint Robert M. Hernandez, Edward F. Guna and Larry G. Schultz, or any one of them, my true and lawful attorneys-in-fact, each with the power of substitution and resubstitution, to sign, execute and file for me and on my behalf one or more registration statements, and any exhibits thereto, including post-effective amendments to existing registration statements of USX Corporation and USX HoldCo, Inc. (collectively, "Registration Statements") on forms prescribed by the Securities and Exchange Commission as may be required in connection with the reorganization as contemplated by the Holding Company Reorganization Agreement between USX Corporation, USX HoldCo, Inc. and United States Steel LLC, and any and all amendments to the Registration Statements or further registration statements to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, in such form as they or any one or more of them may approve, and to do any and all other acts which said attorneys-in-fact may deem necessary or desirable to enable USX Corporation to comply with said Act and the rules and regulations thereunder. IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of May, 2001. /s/ Douglas C. Yearley --------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----