-----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, WzrF1Qn1/CzguXBpW+YCjcOmSBdh74KQmD+YVNahXzkBnB9glPkJvDp+4G/LaORu +OtXMxlcBvq34cO4urzDhA== 0000928385-99-003196.txt : 19991101 0000928385-99-003196.hdr.sgml : 19991101 ACCESSION NUMBER: 0000928385-99-003196 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991029 GROUP MEMBERS: EQUITY GROUP HOLDINGS II LLC GROUP MEMBERS: EQUITY GROUP HOLDINGS III LLC GROUP MEMBERS: EQUITY GROUP HOLDINGS LLC GROUP MEMBERS: MITCHELL P. RALES GROUP MEMBERS: STEVEN M. RALES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DANAHER CORP /DE/ CENTRAL INDEX KEY: 0000313616 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 591995548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-31677 FILM NUMBER: 99737781 BUSINESS ADDRESS: STREET 1: 1250 24TH ST NW STREET 2: SUITE 800 CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: 2028280850 MAIL ADDRESS: STREET 1: 1250 24TH STREET NW STREET 2: SUITE 800 CITY: WASHINGTON STATE: DC ZIP: 20037 FORMER COMPANY: FORMER CONFORMED NAME: DMG INC DATE OF NAME CHANGE: 19850221 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITY GROUP HOLDINGS II LLC CENTRAL INDEX KEY: 0001015015 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1250 24TH ST NW STREET 2: 8TH FL CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: 2028280060 MAIL ADDRESS: STREET 1: 1250 24TH ST NW STREET 2: 8TH FL CITY: WASHINGTON STATE: DC ZIP: 20037 SC 13D 1 SCHEDULE 13D -------------------------------- / OMB APPROVAL / -------------------------------- / OMB Number: 3235-0145 / / Expires: October 31, 1994 / / Estimated average burden / / hours per form ....... 14.90 / ------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.12)* Danaher Corporation - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, par value $.01 per share - ------------------------------------------------------------------------------ (Title of Class of Securities) 23585110 - ------------------------------------------------------------------------------ (CUSIP Number) Michael G. Ryan 1250 24th Street, N.W., Suite 800 Washington, DC 20037 (202) 828-0060 - ------------------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 29, 1999 - ------------------------------------------------------------------------------ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 23585110 Page 2 of 8 Pages - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 24,064,888 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 24,064,888 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH None - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,064,888 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 16.9% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 23585110 Page 3 of 8 Pages - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings II LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 12,500,000 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 12,500,000 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH None - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,500,000 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 23585110 Page 4 of 8 Pages - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity Group Holdings III LLC - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 3,500,000 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 3,500,000 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH None - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,500,000 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* OO - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 23585110 Page 5 of 8 Pages - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Steven M. Rales - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 2,578,552 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 40,064,888 OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 2,578,552 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 40,064,888 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,643,440 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 30.0% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 23585110 Page 6 of 8 Pages - ----------------------- --------------------- - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mitchell P. Rales - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ 7 SOLE VOTING POWER NUMBER OF 2,572,298 SHARES ----------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 40,064,888 OWNED BY ----------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 2,572,298 PERSON ----------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 40,064,888 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,637,186 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 30.0% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ----------------------- --------------------- CUSIP NO. 23585110 Page 7 of 8 Pages - ----------------------- --------------------- This Amendment No. 12 is being filed solely to report the addition of Equity Group Holdings III LLC as a Reporting Person and the transfer of 3,500,000 shares of Danaher common stock to Equity Group Holdings III LLC from Equity Group Holdings II LLC. Steven M. Rales and Mitchell P. Rales are the sole members of both Equity Group Holdings II LLC and Equity Group Holdings III LLC and, accordingly, there is no change in the ultimate beneficial ownership of the transferred shares. This Amendment No. 12 to Schedule 13D amends and supplements, in accordance with Rule 13d-2, the Schedule 13D and amendments thereto previously filed by and on behalf of the Reporting Persons. Item. 2. Identity and Background. Item 2 is hereby amended and supplemented as follows: Equity Group Holdings III LLC, is a newly formed Delaware limited liability company. The business address of Equity Group Holdings III, LLC is 1250 24th Street, N.W., Washington, DC 20037. Equity Group Holdings III LLC is engaged in the business of identifying and managing investments in private and public companies. During the last five years, Equity Group Holdings III LLC: (i) has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors); or (ii) has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 5. Interest in Securities of the Issuer Item 5 is hereby amended and supplemented as follows: As of the date hereof, Equity Group Holdings LLC is the beneficial owner of 24,064,888 Shares, representing approximately 16.9% of the 142,346,187 Shares outstanding on October 21, 1999, as represented in the Issuer's Form 10-Q for the quarter ended October 1, 1999. As of the date hereof, Equity Group Holdings II LLC is the beneficial owner of 12,500,000 Shares representing approximately 8.8% of the 142,346,187 Shares outstanding on October 21, 1999, as represented in the Issuer's Form 10-Q for the quarter ended October 1, 1999. As of the date hereof, Equity Group Holdings III LLC is the beneficial owner of 3,500,000 Shares representing approximately 2.5% of the 142,346,187 Shares outstanding on October 21, 1999, as represented in the Issuer's Form 10-Q for the quarter ended October 1, 1999. As of the date hereof, Mitchell P. Rales is the beneficial owner of 42,637,186 Shares representing approximately 30.0% of the 142,346,187 Shares outstanding on October 21, 1999, as represented in the Issuer's Form 10-Q for the quarter ended October 1, 1999. As of the date hereof, Steven M. Rales is the beneficial owner of 42,643,440 Shares representing approximately 30.0% of the 142,346,187 Shares outstanding on October 21, 1999, as represented in the Issuer's Form 10-Q for the quarter ended October 1, 1999. The Shares beneficially owned by each of Steven M. Rales and Mitchell P. Rales include Shares pledged as collateral to secure a loan of Shares to each of them by Capital Yield Corporation. - ----------------------- --------------------- CUSIP NO. 23585110 Page 8 of 8 Pages - ----------------------- --------------------- Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer, Interest in Securities of the Issuer. Item 6 is hereby amended and supplemented as follows: On October 29, 1999, Equity Group Holdings III LLC entered into a credit agreement under which its Shares are held as collateral. Equity Group Holdings III LLC retains sole investment and voting power with respect to the Shares. SIGNATURE --------- After reasonable 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. Dated: October 29, 1999 ------------------ By: /s/ Steven M. Rales --------------------- Steven M. Rales By: /s/ Mitchell P. Rales ----------------------- Mitchell P. Rales EQUITY GROUP HOLDINGS LLC By: /s/ Michael G. Ryan --------------------- Michael G. Ryan, Vice President EQUITY GROUP HOLDINGS II LLC By: /s/ Michael G. Ryan --------------------- Michael G. Ryan, Vice President EQUITY GROUP HOLDINGS III LLC By: /s/ Michael G. Ryan --------------------- Michael G. Ryan, Vice President -----END PRIVACY-ENHANCED MESSAGE-----