-----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, Sq8joAxtNE3hS+6n3O6aVXZjEH6qapUzfJo5T9jQ3ErY0ZxKvffWA7J7pM+8Br2S 11GV+WsPTs7+XpmsE1vaYg== 0000898431-97-000134.txt : 19970501 0000898431-97-000134.hdr.sgml : 19970501 ACCESSION NUMBER: 0000898431-97-000134 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970430 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATES FILTER CORP CENTRAL INDEX KEY: 0000318025 STANDARD INDUSTRIAL CLASSIFICATION: REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580] IRS NUMBER: 330266015 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-23881 FILM NUMBER: 97591501 BUSINESS ADDRESS: STREET 1: 40-004 COOK STREET CITY: PALM DESERT STATE: CA ZIP: 92211 BUSINESS PHONE: 6193400098 MAIL ADDRESS: STREET 1: 40-004 COOK STREET CITY: PALM DESERT STATE: CA ZIP: 92211 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN TOXXIC CONTROL INC DATE OF NAME CHANGE: 19910401 FORMER COMPANY: FORMER CONFORMED NAME: NOVAN ENERGY INC DATE OF NAME CHANGE: 19871227 424B3 1 Filed pursuant to Rule 424(b)(3) Registration No. 333-23881 PROSPECTUS SUPPLEMENT (To Prospectus dated April 2, 1997) April 30, 1997 UNITED STATES FILTER CORPORATION This Supplement is a part of the Prospectus dated April 2, 1997 relating to 6,446,090 shares of Common Stock, par value $.01 per share (the "Common Stock"), of United States Filter Corporation (the "Company"), issuable in connection with the acquisition by the Company directly, or through subsidiaries, of various businesses or assets, or interests therein. Defined terms contained in this Supplement have the meanings assigned to them in the Prospectus. SELLING STOCKHOLDER On April 30, 1997, the Company acquired Chester Engineers, Inc. ("Chester") from Duquesne Enterprises, Inc. (the "Selling Stockholder"), a wholly-owned subsidiary of DQE Inc. ("DQE"). Chester designs and engineers wastewater treatment systems, principally for the municipal market. For the year ended December 31, 1996, Chester generated approximately $47 million of revenues. The consideration for the acquisition of Chester was 1,411,382 shares of Common Stock of the Company (the "Shares") and $400,000 in cash. The Selling Stockholder intends to sell all of the Shares received by it, constituting approximately 1.8% of the shares of Common Stock outstanding on April 15, 1997, pursuant to this Prospectus and the Registration Statement of which it is a part. The Company has consented to use of the Prospectus by the Selling Stockholder. The Selling Stockholder has agreed that any sales of Shares will be made only through Donaldson, Lufkin & Jenrette Securities Corporation, or such other investment banking firm as may be reasonably satisfactory to the Selling Stockholder and that the Shares will not be disposed of in any manner which is materially disruptive to the market for the Common Stock. RISK FACTORS The text appearing under the caption "Risk Factors--Shares Eligible for Future Sale" in the Prospectus is supplemented by substituting the following therefor in its entirety: Shares Eligible for Future Sale The market price of the Common Stock could be adversely affected by the availability for public sale of shares held on April 30, 1997 by security holders of the Company, including: (i) up to 3,750,093 shares which may be delivered by Laidlaw Inc. or its affiliates ("Laidlaw"), at Laidlaw's option in lieu of cash, at maturity pursuant to the terms of 5 3/4% Exchangeable Notes due 2000 of Laidlaw (the amount of shares or cash delivered or paid to be dependent within certain limits upon the value of the Common Stock at maturity); (ii) 7,636,363 shares issuable upon conversion of the Company's 6% Convertible Subordinated Notes due 2005 at a conversion price of $18.33 per share of Common Stock; (iii) 9,113,924 shares issuable upon conversion of the Company's 4 1/2% Convertible Subordinated Notes at a conversion price of $39.50 per share of Common Stock; (iv) 5,035,977 outstanding shares that are currently registered for sale under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to three shelf registration statements; and (v) 2,780,522 shares which are subject to agreements pursuant to which the holders have certain rights to request the Company to register the sale of such holders' Common Stock under the Securities Act and/or, subject to certain conditions, to include certain percentages of such shares in other registration statements filed by the Company (1,980,000 of which shares also may be sold from time to time by the holder thereof pursuant to Rule 144 under the Securities Act). In addition, the Company has registered for sale under the Securities Act 4,454,115 shares which may be issuable by the Company from time to time in connection with acquisitions of businesses from third parties. -----END PRIVACY-ENHANCED MESSAGE-----