-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, BS/BzJKpnNz6Re6G71ysWJ2AwhmubOOWyVAx2soDv1moUUEqMmgvwH/rpEEmGlJB CnMLNrPfDNCOphdUqvlWIA== 0000950123-95-000420.txt : 19950609 0000950123-95-000420.hdr.sgml : 19950609 ACCESSION NUMBER: 0000950123-95-000420 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19950303 SROS: NYSE GROUP MEMBERS: CLARK ACQUISITION SUB, INC. GROUP MEMBERS: CLARK EQUIPMENT CO /DE/ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLUB CAR INC CENTRAL INDEX KEY: 0000846872 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790] IRS NUMBER: 133488925 STATE OF INCORPORATION: DE FISCAL YEAR END: 0925 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43667 FILM NUMBER: 95518567 BUSINESS ADDRESS: STREET 1: 4152 WASHINGTON RD CITY: MARTINEZ STATE: GA ZIP: 30907 BUSINESS PHONE: 7068633000 MAIL ADDRESS: STREET 1: PO BOX 204658 CITY: AUGUSTA STATE: GA ZIP: 30917-4658 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLARK EQUIPMENT CO /DE/ CENTRAL INDEX KEY: 0000109710 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL TRUCKS TRACTORS TRAILERS & STACKERS [3537] IRS NUMBER: 380425350 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 100 N MICHIGAN ST STREET 2: PO BOX 7008 CITY: SOUTH BEND STATE: IN ZIP: 46634 BUSINESS PHONE: 2192390100 MAIL ADDRESS: STREET 2: 100 N MICHIGAN ST P O BOX 7008 CITY: SOUTH BEND STATE: IN ZIP: 46634 FORMER COMPANY: FORMER CONFORMED NAME: CLARK EQUIPMENT CO DATE OF NAME CHANGE: 19691109 SC 14D1/A 1 AMENDMENT NO. 2 TO SCHEDULES 14D-1 AND 13D 1 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ AMENDMENT NO. 2 TO SCHEDULE 14D-1 TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 AND AMENDMENT NO.2 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 ------------------------ CLUB CAR, INC. (NAME OF SUBJECT COMPANY) ------------------------ CLARK ACQUISITION SUB, INC. CLARK EQUIPMENT COMPANY (BIDDERS) ------------------------ COMMON STOCK, PAR VALUE $.01 PER SHARE (INCLUDING THE ASSOCIATED PREFERRED STOCK PURCHASE RIGHTS) (TITLE OF CLASS OF SECURITIES) ------------------------ 18947B103 (CUSIP NUMBER OF CLASS OF SECURITIES) ------------------------ BERNARD D. HENELY, ESQ. GENERAL COUNSEL CLARK EQUIPMENT COMPANY 100 NORTH MICHIGAN STREET P.O. BOX 7008 SOUTH BEND, INDIANA 46634 (219) 239-0145 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS) ------------------------ COPY TO: WILLIAM F. WYNNE, JR., ESQ. WHITE & CASE 1155 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10036 (212) 819-8200 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 - --------------------------------------- CUSIP NO. 18947B103 14D-1 - --------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Clark Acquisition Sub, Inc. - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(a) OR 2(b) / / N/A - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - --------------------------------------------------------------------------------------------------------- 7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON* 0* - --------------------------------------------------------------------------------------------------------- 8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES /X/ - --------------------------------------------------------------------------------------------------------- 9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 0%* - --------------------------------------------------------------------------------------------------------- 10 TYPE OF REPORTING PERSON CO - ---------------------------------------------------------------------------------------------------------
1 3 - --------------------------------------- 14D-1 CUSIP NO. 18947B103 - --------------------------------------- - --------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Clark Equipment Company - --------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - --------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC, BK - --------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(a) OR 2(b) / / N/A - --------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - --------------------------------------------------------------------------------------------------------- 7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON* 0* - --------------------------------------------------------------------------------------------------------- 8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES /X/ - --------------------------------------------------------------------------------------------------------- 9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 0%* - --------------------------------------------------------------------------------------------------------- 10 TYPE OF REPORTING PERSON CO - ---------------------------------------------------------------------------------------------------------
* On February 3, 1995, Clark Equipment Company, a Delaware corporation ("Clark"), and Clark Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Clark (the "Purchaser"), entered into a Stock Tender Agreement (the "Stock Tender Agreement") with KIA III-Club Car, L.P., Kelso Equity Partners II, L.P. and certain other stockholders of Club Car, Inc. (the "Company") (collectively, the "Stock Tender Parties"). Pursuant to such Stock Tender Agreement and subject to the terms and conditions contained therein, the Stock Tender Parties have tendered an aggregate of 3,070,230 shares of common stock, $.01 par value per share, of the Company (representing approximately 30.1% of the outstanding shares of common stock of the Company, calculated on a fully diluted basis) owned by them pursuant to and in accordance with the terms of the Offer (as defined herein). 153,901 of such Shares were obtained by the Stock Tender Parties through the exercise of stock options. The filing of this information by Clark and the Purchaser shall not be construed as an admission that either Clark or the Purchaser, for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, is the beneficial owner of such shares and such persons expressly disclaim any beneficial ownership. The Stock Tender Agreement is described more fully in Section 11 of the Offer to Purchase attached hereto as exhibit (a)(1). 2 4 This Amendment No. 2 to the Schedule 14D-1 Tender Offer Statement and Schedule 13D Statement (the "Statement") relates to the offer by Clark Acquisition Sub, Inc., a Delaware corporation (the "Purchaser"), to purchase all the outstanding shares of Common Stock (the "Common Stock"), par value $.01 per share, of Club Car, Inc. (the "Company"), together with the associated Preferred Stock Purchase Rights (the "Rights") issued pursuant to the Rights Agreement dated as of September 24, 1993, between the Company and Trust Company Bank, as Rights Agent (the Common Stock, together with the Rights being herein referred to as the "Shares"), at a price of $25 per Share, net to the seller in cash (the "Offer Price"), without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase dated February 8, 1995 (the "Offer to Purchase"), and in the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the "Offer") and is intended to satisfy the reporting requirements of Sections 14(d) and 13(d) of the Securities and Exchange Act of 1934, as amended. ITEM 7. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SUBJECT COMPANY'S SECURITIES Item 7 is hereby amended to add the following language at the end of Item 7: Subsequent to the commencement of the Offer, certain of the Stock Tender Parties on March 2, 1995 exercised stock options to purchase an aggregate of 153,901 Shares. Upon such exercise and pursuant to the Stock Tender Agreement, the number of Shares tendered by the Stock Tender Parties increased from an aggregate of 2,916,329 to 3,070,230 (representing approximately 30.1% of the Shares, calculated on a fully diluted basis). ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. Schedule I to Exhibit (c)(2) is amended as attached hereto: Exhibit (c)(2) Stock Tender Agreement dated as of February 3, 1995 by and among certain stockholders, the Purchaser and Clark. 3 5 SIGNATURE After due 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. CLARK ACQUISITION SUB, INC. By: /s/ Bernard D. Henely -------------------------- Name: Bernard D. Henely Title: Vice President and Secretary CLARK EQUIPMENT COMPANY By: /s/ Bernard D. Henely -------------------------- Name: Bernard D. Henely Title: Vice President and General Counsel Dated: March 3, 1995 4 6 EXHIBIT INDEX ------------- Exhibit No. Description ------- ----------- 99(c)(2) Schedule I to Exhibit (c)(2) is Amended as attached hereto: Stock Tender Agreement dated as of February 3, 1995 by and among certain stockholders, the Purchaser and Clark.
EX-99.C2 2 STOCK TENDER AGREEMENT, DATED FEBRUARY 13, 1995 1 SCHEDULE I to Exhibit (c)(2)
Name and Address of Stockholder Number of Shares Owned - ------------------------------- ---------------------- KIA III-Club Car, L.P. 1,797,868 Kelso Equity Partners II L.P. 111,473 George H. Inman 209,336 A. Montague Miller 114,200 Cary H. Rivers 112,485 Michael W. Harris 111,486 Henry T. Sanders 116,486 Merchant Investments, Inc. 342,995
-----END PRIVACY-ENHANCED MESSAGE-----