-----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, KYxlenKB+lShTfiofX5izm6IWGY91bx1TWjVS+anilMFXH9rAS+ycpzR43ZtYFH8 9kNuIzh5Y4sPs/eJdfTpyg== 0000950172-99-001746.txt : 19991210 0000950172-99-001746.hdr.sgml : 19991210 ACCESSION NUMBER: 0000950172-99-001746 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991208 FILED AS OF DATE: 19991209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RAYOVAC CORP CENTRAL INDEX KEY: 0001028985 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 222423556 STATE OF INCORPORATION: WI FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 001-13615 FILM NUMBER: 99771152 BUSINESS ADDRESS: STREET 1: 601 RAYOVAC DR CITY: MADISON STATE: WI ZIP: 53711-2497 BUSINESS PHONE: 6082753340 MAIL ADDRESS: STREET 1: 601 RAYOVAC DRIVE CITY: MADISON STATE: WI ZIP: 53711-2497 COMPANY DATA: COMPANY CONFORMED NAME: CANCIO LUIS A CENTRAL INDEX KEY: 0001100703 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: C/O RAYOVAC CORP STREET 2: 5201 BLUE LAGOON DRIVE SUITE 817 CITY: MIAMI STATE: FL ZIP: 33126 BUSINESS PHONE: 3056293057 MAIL ADDRESS: STREET 1: C/O RAYOVAC CORP STREET 2: 5201 BLUE LAGOON DRIVE SUITE 817 CITY: MIAMI STATE: FL ZIP: 33126 3 1 FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION _____________________ WASHINGTON, D.C. 20549 | OMB APPROVAL | |_____________________| INITIAL STATEMENT OF |OMB NUMBER: 3235-0104| BENEFICIAL OWNERSHIP OF SECURITIES |EXPIRES: | | DECEMBER 31, 2001 | Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE | Securities Exchange Act of 1934, |BURDEN HOURS | Section 17(a) of the Public Utility |PER RESPONSE..... 0.5| Holding Company Act of 1935 |_____________________| or Section 30(f) of the Investment Company Act of 1940 ___________________________________________________________________________ 1. Name and Address of Reporting Person* Cancio Luis A. _______________________________________________________________________ (Last) (First) (Middle) c/o Rayovac Corporation, 5201 Blue Lagoon Drive, Suite 817 _______________________________________________________________________ (Street) Miami Florida 33126 _______________________________________________________________________ (City) (State) (Zip) ___________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) August 1, 1999 ___________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ___________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Rayovac Corporation (ROV) ___________________________________________________________________________ 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Senior Vice President and General Manager, Rayovac Latin America _____________________________________ ___________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ___________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable Line) _X_Form filed by One Reporting Person ___Form filed by More than One Reporting Person =========================================================================== TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ___________________________________________________________________________ 1. Title of Security (Instr. 4) Common Stock, par value $.01 per share ___________________________________________________________________________ 2. Amount of Securities Beneficially Owned (Instr. 4) 3,000 shares ___________________________________________________________________________ 3. Ownership Form: Direct (D) or Indirect (I)(Instr. 5) Direct ___________________________________________________________________________ 4. Nature of Indirect Beneficial Ownership (Instr. 5) ___________________________________________________________________________ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than on reporting person, see Instruction 5(b)(v) =========================================================================== TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities) ___________________________________________________________________________ 1. Title of Derivative Security (Instr. 4) Employee Stock Option (Right to Buy) ___________________________________________________________________________ 2. Date Exercisable and Expiration Date (Month/Day/Year) (1) (2) ________________________ _________________________ Date Exercisable Expiration Date ___________________________________________________________________________ 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) Common Stock, par value $.01 per share 100,000 ________________________________ _______________________________ Title Amount or Number of Shares ___________________________________________________________________________ 4. Conversion or Exercise Price of Derivative Security $20.9375 per share __________________________________________________________________________ 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I) (Instr. 5) Direct ___________________________________________________________________________ 6. Nature of Indirect Beneficial Ownership (Instr. 5) =========================================================================== EXPLANATION OF RESPONSES: (1) Options to purchase 50,000 shares become exercisable at a rate of 25% per year over a four year period and options to purchase an additional 50,000 shares become exercisable on September 30, 2009, with accelerated vesting over the next five fiscal years based upon the Company's achievement of certain financial performance goals. All outstanding options will become fully exercisable in the event of a change of control of the Company. (2) Options to purchase 50,000 shares will terminate upon the earliest of (i) a change of control of the Company; (ii) the effective date of any public offering of shares registered under the Securities Act of 1933, subject to certain conditions; or (iii) September 30, 2009. Options to purchase an additional 50,000 shares will terminate upon the earliest of (i) a sale of the Company; (ii) the effective date of any public offering of shares registered under the Securities Act of 1933, subject to certain conditions; or (iii) October 10, 2009. /s/ Luis A. Cancio 12/8/99 _____________________________________ ________________ ** SIGNATURE OF REPORTING PERSON DATE _____________________________ ** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a). NOTE: FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE. POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB NUMBER. =========================================================================== -----END PRIVACY-ENHANCED MESSAGE-----