-----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, WMGdMrMctRlDpxHV+VUvLzx9WtatUQyZFfHuX2a1nHXvEr7AXabjbnGkNWFw/ea9 T5OH8iF9y/mIzxYQkFD+zA== 0000891836-98-000160.txt : 19980330 0000891836-98-000160.hdr.sgml : 19980330 ACCESSION NUMBER: 0000891836-98-000160 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980327 FILED AS OF DATE: 19980327 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CROWN CORK & SEAL CO INC CENTRAL INDEX KEY: 0000025890 STANDARD INDUSTRIAL CLASSIFICATION: METAL CANS [3411] IRS NUMBER: 231526444 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-02227 FILM NUMBER: 98576309 BUSINESS ADDRESS: STREET 1: ONE CROWN WAY CITY: PHILADELPHIA STATE: PA ZIP: 19154 BUSINESS PHONE: 215-698-5100 COMPANY DATA: COMPANY CONFORMED NAME: MARINE WENDEL CENTRAL INDEX KEY: 0001057675 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] OWNER IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 89 RUE TAITBOUT CITY: PARIS FRANCE STATE: I0 ZIP: 75009 BUSINESS PHONE: 01131142853000 MAIL ADDRESS: STREET 1: 89 RUE TAITBOUT STREET 2: PARIS CITY: FRANCE STATE: I0 ZIP: 75009 4 1 FORM 4 :----------: : FORM 4 : :----------: U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |X| CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(b). ================================================================================ 1. Name and Address of Reporting Person* Marine-Wendel ----------------------------------------------------------------------------- (Last) (First) (Middle) 89 rue Taitbout ----------------------------------------------------------------------------- (Street) 75009 Paris, France ----------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Issuer Name and Ticker or Trading Symbol Crown Cork & Seal Company, Inc. CCK ----------------------------------------------------------------------------- ================================================================================ 3. IRS or Social Security Number of Reporting Person (Voluntary) None ----------------------------------------------------------------------------- ================================================================================ 4. Statement for Month/Year March 1998 ----------------------------------------------------------------------------- ================================================================================ 5. If Amendment, Date of Original (Month/Year) ----------------------------------------------------------------------------- ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) _____ Director _X__ 10% Owner _____ Officer (give title below) ____ Other (Specify below) ----------------------------------------------------------------------------- ================================================================================ 7. Individual or Joint/Group Filing (Check applicable line) __X__ Form filed by one Reporting Person _____ Form filed by more than one Reporting Person ----------------------------------------------------------------------------- ================================================================================ * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1.Title of Security 2.Trans- 3.Trans- 4.Securities Acquired (A) 5.Amount of 6.Ownership 7.Nature of (Instr. 3) action action or Disposed of (D) Securities Bene- Form: Direct Indirect Date Code (Instr. 3, 4 and 5) ficially Owned (D) or Beneficial (Month/ (Instr. 8) ------------------------ at End of Indirect (I) Ownership Day/ ------------ Amount (A) or Price Month (Instr. (Instr. 4) (Instr. 4) Year) Code V (D) 3 and 4) - ------------------- --------- ------------ ------------------------ ------------------ -------------- --------------- Common Stock, par 3/2/98 S V 4,093,826 D $49.00 6,599,577 shares I By Compagnie value $5.00 per shares Generale share d'Industrie et de Participations (a subsidiary of Marine- Wendel) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Print or Type Responses)
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 1. Title of Derivative Security (Instr. 3) 4.5% Convertible Preferred Stock, par value $41.8875 per share --------------------------------------------------------------------------- ================================================================================ 2. Conversion or Exercise Price of Derivative Security $45.97* --------------------------------------------------------------------------- ================================================================================ 3. Transaction Date (Month/Date/Year) 3/2/98 --------------------------------------------------------------------------- ================================================================================ 4. Transaction Code (Instr. 8) Code V ------------------ ------------ S V ================================================================================ 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) (A) (D) ------------------ ---------------- 3,660,300 shares ================================================================================ 6. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable Expiration Date ------------------------ ------------------------ 2/26/96* 2/26/00** ================================================================================ 7. Title and Amount of Underlying Securities (Instr. 3 and 4) Title Amount or Number of Shares ------------------ -------------------------- Common Stock, 3,335,125 shares* par value $5.00 per share ================================================================================ 8. Price of Derivative Security (Instr. 5) $46.00 ================================================================================ 9. Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4) 0 shares --------------------------------------------------------------------------- ================================================================================ 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) I --------------------------------------------------------------------------- ================================================================================ 11. Nature of Indirect Beneficial Ownership (Instr. 4) By Compagnie Generale d'Industrie et de Participations (a subsidiary of Marine-Wendel) --------------------------------------------------------------------------- ================================================================================ Explanation of Responses: * At any time after the date of initial issuance of the 4.5% Convertible Preferred Stock, each share of Crown 4.5% Convertible Preferred Stock will be convertible at the option of the holder into fully paid and nonassessable shares of Common Stock, at the rate of that number of shares of Common Stock for each share of 4.5% Convertible Preferred Stock that is equal to the par value of such share divided by the Conversion Price applicable per share of Common Stock. The "Conversion Price" applicable per share of Common Stock will initially be an amount equal to 1.0975 times the par value of the 4.5% Convertible Preferred Stock and is subject to adjustment as set forth in Crown Cork & Seal Company, Inc.'s ("Crown") articles of incorporation. ** On the Latest Mandatory Conversion Date, which is the fourth anniversary of the date of original issuance of the 4.5% Convertible Preferred Stock, all of the 4.5% Convertible Preferred Stock will convert into shares of Common Stock as set forth in Crown's articles of incorporation. In addition, if, at any time prior to the Latest Mandatory Conversion Date less than 30% of the number of shares of 4.5% Convertible Preferred Stock initially issued remain outstanding, the remaining shares of 4.5% Convertible Preferred Stock will, at the election of Crown and after notice has been provided, convert into shares of Common Stock as set forth in Crown's articles of incorporation. /s/ ERNEST-ANTOINE SEILLIERE March 27, 1998 --------------------------------------- --------------- ***Signature of Reporting Person Date Ernest-Antoine SEILLIERE Chairman and CEO *** 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 provided is insufficient, see Instruction 6 for procedure. Page 2 -----END PRIVACY-ENHANCED MESSAGE-----