3 1 s226988.txt 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 Textron Inc. --------------------------------------------------------------------------- (Last) (First) (Middle) 40 Westminster Street --------------------------------------------------------------------------- (Street) Providence, RI 02903 --------------------------------------------------------------------------- (City) (State) (Zip) --------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) 12/20/01 --------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 05-0315468 --------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Collins & Aikman Corporation - CKC --------------------------------------------------------------------------- 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X ) 10% Owner ( ) Officer (give title below) ( ) Other (specify title below) ------------------------------------- --------------------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) --------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) ___Form filed by One Reporting Person _X_Form filed by More than One Reporting Person =========================================================================== TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED --------------------------------------------------------------------------- |1. Title of Security|2. Amount of |3. Ownership |4. Nature of | | (Instr. 4) | Securities | Form: Direct| Indirect | | | Beneficially| (D) or | Beneficial | | | Owned | Indirect (I)| Ownership | | | (Instr. 4) | (Instr. 5) | (Instr. 5) | |--------------------|---------------|---------------|--------------------| [TYPE ENTRIES HERE] Common Stock 18,000,000 I by Textron Holdco Inc. =========================================================================== TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) --------------------------------------------------------------------------- 1. Title of Derivative Security (Instr. 4) --------------------------------------------------------------------------- 2. Date Exercisable and Expiration Date (Month/Day/Year) ------------------------ ------------------------- Date Exercisable Expiration Date --------------------------------------------------------------------------- 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) -------------------------------- ------------------------------- Title Amount or Number of Shares --------------------------------------------------------------------------- 4. Conversion or Exercise Price of Derivative Security --------------------------------------------------------------------------- 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I) (Instr. 5) --------------------------------------------------------------------------- 6. Nature of Indirect Beneficial Ownership (Instr. 5) =========================================================================== EXPLANATION OF RESPONSES: /s/ Arnold M. Friedman December 28, 2001 ------------------------------------- ---------------- ** 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. =========================================================================== Joint Filer Information ----------------------- Name: Textron Automotive Company Inc. Address: 40 Westminster Street Providence, RI 02903 Designated Filer: Textron Inc. Issuer & Ticker Symbol: Collins & Aikman Corp. - CKC Date of Event Requiring Statement: December 20, 2001 Signature: /s/ Arnold M. Friedman ----------------------- Arnold M. Friedman Vice President ------------------------------------------------------------------------------- Name: McCord Corporation Address: 40 Westminster Street Providence, RI 02903 Designated Filer: Textron Inc. Issuer & Ticker Symbol: Collins & Aikman Corp. - CKC Date of Event Requiring Statement: December 20, 2001 Signature: /s/ Arnold M. Friedman ----------------------- Arnold M. Friedman Vice President ------------------------------------------------------------------------------- Name: Textron Holdco Inc. Address: 40 Westminster Street Providence, RI 02903 Designated Filer: Textron Inc. Issuer & Ticker Symbol: Collins & Aikman Corp. - CKC Date of Event Requiring Statement: December 20, 2001 Signature: /s/ Arnold M. Friedman ----------------------- Arnold M. Friedman President -------------------------------------------------------------------------------