0000950135-01-502864.txt : 20011008
0000950135-01-502864.hdr.sgml : 20011008
ACCESSION NUMBER: 0000950135-01-502864
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20010919
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST YEARS INC
CENTRAL INDEX KEY: 0000055698
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PLASTIC PRODUCTS [3080]
IRS NUMBER: 042149581
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-13261
FILM NUMBER: 1740664
BUSINESS ADDRESS:
STREET 1: ONE KIDDIE DR
CITY: AVON
STATE: MA
ZIP: 02322-1171
BUSINESS PHONE: 5085881220
MAIL ADDRESS:
STREET 1: ONE KIDDIE DR
CITY: AVON
STATE: MA
ZIP: 02322-1171
FORMER COMPANY:
FORMER CONFORMED NAME: KIDDIE PRODUCTS INC
DATE OF NAME CHANGE: 19920703
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PELTZ BENJAMIN
CENTRAL INDEX KEY: 0000900397
STANDARD INDUSTRIAL CLASSIFICATION: []
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: C/O FIRST YEARS INC
STREET 2: ONE DIDDIE DRIVE
CITY: AVON
STATE: MA
ZIP: 02322
BUSINESS PHONE: 508-588-1220
MAIL ADDRESS:
STREET 1: C/O FIRST YEARS INC
STREET 2: ONE KIDDIE DRIVE
CITY: AVON
STATE: MA
ZIP: 02322
SC 13D
1
b40619bpsc13d.txt
THE FIRST YEARS INC.
1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)*
THE FIRST YEARS INC.
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(Name of Issuer)
COMMON STOCK, $.10 par value
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(Title of Class of Securities)
337610 109
--------------------------------------------------------------------------------
(CUSIP Number)
Benjamin Peltz, c/o The First Years Inc., One Kiddie Drive, Avon, MA 02322
(508) 588-1220
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 24, 2001
--------------------------------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7 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).
Page 1 of 5 pages
2
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CUSIP NO. 337610 109 SCHEDULE 13D Page 2 of 5 pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Benjamin Peltz
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
645,802 (includes 390,000 shares held by two trusts of
which Mr. Peltz is trustee and 38,000 shares held
subject to stock options).
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 645,802 (includes 390,000 shares held by two trusts
of which Mr. Peltz is trustee and 38,000 shares held
subject to stock options).
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
645,802
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
(See Instructions)
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
3
Item 1. SECURITY AND ISSUER
Common Stock, $.10 par value.
THE FIRST YEARS INC.
One Kiddie Drive
Avon, MA 02322
Item 2. IDENTITY AND BACKGROUND
(a) Benjamin Peltz
(b) c/o The First Years Inc., One Kiddie Drive,
Avon, MA 02322
(c) Director of The First Years Inc.
(d) Not applicable.
(e) Not applicable.
(f) United States of America
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Mr. Peltz acquired beneficial ownership of 390,000 shares of Common
Stock of The First Years Inc. on August 24, 2001 by operation of law upon his
appointment as trustee of two trusts, whose beneficiaries are his
brothers-in-law, Ronald J. Sidman, President, Chairman of the Board and Chief
Executive Officer of The First Years Inc., and Kenneth R. Sidman, Director of
The First Years Inc., and Judith I. Peltz, Mr. Peltz's wife. Prior to this
initial Schedule 13D filing, Mr. Peltz beneficially owned 255,802 shares of
Common Stock or 2.8% of the Common Stock.
Item 4. PURPOSE OF TRANSACTION
Mr. Peltz acquired the shares that are the subject of this Schedule 13D
filing by operation of law upon his appointment on August 24, 2001 as the
trustee of the trusts described in Item 3 above. Other than as set forth in this
Item 4, Mr. Peltz has no current plans or proposals which relate to or would
result in any of the actions specified in clauses (a) through (j) of Item 4 of
Schedule 13D.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
(a) 645,802 shares, or 7.0% of the issued and outstanding
shares of Common Stock, including 390,000 shares held by two
trusts of which Mr. Peltz is trustee, and 38,000 shares which
Mr. Peltz has the right to acquire within 60 days through the
exercise of stock options. Mr. Peltz disclaims beneficial
ownership of the shares held by the two trusts.
Page 3 of 5 pages
4
(b) Sole voting power: 645,802 shares (includes 390,000
shares held by two trusts of which Mr. Peltz is trustee and
38,000 shares which Mr. Peltz has the right to acquire within
60 days through the exercise of stock options).
Shared voting power: 0
Sole dispositive power: 645,802 shares (includes 390,000
shares held by two trusts for which Mr. Peltz is trustee and
38,000 shares which Mr. Peltz has the right to acquire within
60 days through the exercise of stock options).
Shared dispositive power: 0
(c) On August 24, 2001, Mr. Peltz acquired beneficial
ownership of 390,000 shares of Common Stock of The First Years
Inc. by operation of law upon his appointment as trustee of
two trusts whose beneficiaries are his brothers-in-law, Ronald
J. Sidman, President, Chairman of the Board and Chief
Executive Officer of The First Years Inc., and Kenneth R.
Sidman, Director of The First Years Inc., and Judith I. Peltz,
Mr. Peltz's wife.
(d) The beneficiaries of the trusts for which Mr. Peltz is
serving as trustee are his brothers-in-law, Ronald J. Sidman,
President, Chairman of the Board and Chief Executive Officer
of The First Years Inc., and Kenneth R. Sidman, Director of
The First Years Inc., and Judith I. Peltz, Mr. Peltz's wife.
(e) Not applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Not applicable.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
Page 4 of 5 pages
5
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.
September 19, 2001
-----------------------------
(Date)
/s/ Benjamin Peltz
-----------------------------
(Signature)
Mr. Benjamin Peltz
-----------------------------
(Name/Title)
Page 5 of 5 pages