SC 13D/A 1 sctt13d9.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 9)* SCOTT TECHNOLOGIES, INC. -------------------------- (Name of Issuer) Common Stock, Par Value $.10 Per Share --------------------------------------- (Title of Class of Securities) 810022 30 1 -------------- (CUSIP Number) Murray A. Indick BLUM Capital Partners, L.P. (formerly Richard C. Blum & Associates, L.P.) 909 Montgomery Street, Suite 400 San Francisco, CA 94133 (415) 434-1111 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 6, 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 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 [ ]. *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 30 CUSIP NO. 810022 30 1 SCHEDULE 13D Page 2 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON STINSON CAPITAL PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3232358 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* WC ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 3 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON THE CARPENTERS PENSION TRUST FOR SOUTHERN CALIFORNIA S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-6042875 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* WC ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON EP ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 4 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON BLUM CAPITAL PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN, IA ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 5 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 6 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RCBA GP, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303831 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO (Limited Liability Company) ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 7 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 8 of 30 ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RCBA STRATEGIC PARTNERS, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3303833 ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [x] ------------------------------------------------------------------------------ 3. SEC USE ONLY ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* WC ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 3,899,276** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 3,899,276** ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,899,276** ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.0%** ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 810022 30 1 SCHEDULE 13D Page 9 of 30 This Amendment No. 9 amends the Statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission (the "Commission") on May 21, 1999 by Stinson Capital Partners, L.P., a California limited partnership ("Stinson"); the Carpenters Pension Trust for Southern California (the "Carpenters Trust"); BLUM Capital Partners, L.P. (formerly Richard C. Blum & Associates, L.P.), a California limited partnership ("BLUM L.P."); Richard C. Blum & Associates, Inc., a California corporation ("RCBA Inc."); RCBA GP, L.L.C., a Delaware limited liability company ("RCBA GP"), and Richard C. Blum, the Chairman and a substantial shareholder of RCBA Inc. and a managing member of RCBA GP (collectively, and together with RCBA Strategic Partners, L.P., the "Reporting Persons"). This Amendment No. 9 relates to shares of Common Stock, par value $0.10(the "Common Stock"), of Scott Technologies, Inc., a Delaware corporation (the "Issuer"). The principal executive office and mailing address of the Issuer is One Chagrin Highlands, 2000 Auburn Drive, Suite 400, Beachwood, Ohio 44122. The following amendments to Items 2, 4, 5, 6 and 7 of the Schedule 13D are hereby made. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D. Item 2 Identity and Background ------------------------------- Item 2 of the Schedule 13D is hereby amended as follows: The names of the executive officers and directors of RCBA Inc., their addresses, and citizenship and principal occupations are as follows: Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Richard C. Blum 909 Montgomery St. USA President and President & Suite 400 Chairman Chairman San Francisco, CA 94133 BLUM, L.P. Nils Colin Lind 909 Montgomery St. Norway Managing Partner, Managing Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Claus J. Moller 909 Montgomery St. Denmark Managing Partner, Managing Partner Suite 400 BLUM L.P. San Francisco, CA 94133 John C. Walker 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Kevin A. Richardson 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 CUSIP NO. 810022 30 1 SCHEDULE 13D Page 10 of 30 Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Jose S. Medieros 909 Montgomery St. Brazil Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Jeff A. Cozad 909 Montgomery St. USA Partner, Partner Suite 400 BLUM L.P. San Francisco, CA 94133 Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief Partner, Chief Suite 400 Financial Officer, Financial Officer, San Francisco, CA 94133 BLUM, L.P. Assistant Secretary & Director Murray A. Indick 909 Montgomery St. USA Partner and Partner, General Suite 400 General Counsel, Counsel & Secretary San Francisco, CA 94133 BLUM, L.P. The principal business address of RCBA GP is 909 Montgomery Street, Suite 400, San Francisco, CA 94133. The names of the managing members and members of RCBA GP, their addresses, citizenship and principal occupations are as follows: Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Richard C. Blum 909 Montgomery St. USA President and Managing Member Suite 400 Chairman San Francisco, CA 94133 BLUM, L.P. Nils Colin Lind 909 Montgomery St. Norway Managing Partner, Managing Member Suite 400 BLUM L.P. San Francisco, CA 94133 John C. Walker 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Kevin A. Richardson 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Jose S. Medieros 909 Montgomery St. Brazil Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 CUSIP NO. 810022 30 1 SCHEDULE 13D Page 11 of 30 Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Jeff A. Cozad 909 Montgomery St. USA Partner, Member Suite 400 BLUM L.P. San Francisco, CA 94133 Marc T. Scholvinck 909 Montgomery St. USA Partner & Chief Member Suite 400 Financial Officer, San Francisco, CA 94133 BLUM, L.P. Murray A. Indick 909 Montgomery St. USA Partner and Member Suite 400 General Counsel, San Francisco, CA 94133 BLUM, L.P. The Carpenters Trust is a trust, governed by a board of trustees. Its principal office is located at 520 South Virgil Avenue, 4th Floor, Los Angeles, California 90020. The names of the executive officers and trustees of the Carpenters Trust, their addresses, citizenship and principal occupation are as follows: Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Kim Fromer 22225 Acorn Street USA President, Trustee Chatsworth, CA 91311 Fromer, Inc. Curtis Conyers, Jr. 419 W. Maple Avenue USA President, Trustee Monrovia, CA 91016 Richard Lane Company Richard Harris 292 North Wilshire USA General Manager, Trustee Anaheim, CA 92801 Wesseln Construction Company, Inc. Ralph Larison 1925 Water Street USA President, Trustee Long Beach, CA 90802 Connolly-Pacific Co. Bert Lewitt 2901 28th Street USA President, Morley Trustee Santa Monica, CA 90405 Construction Co. Ronald W. Tutor 15901 Olden Street USA President, Trustee Sylmar, CA 91342 Tutor-Saliba Corp. J.D. Butler 412 Dawson Drive USA Executive Secretary, Trustee Camarillo, CA 93010 Gold Coast District Council of Carpenters James K. Bernsen 520 South Virgil Ave USA Secretary-Treasurer, Trustee Los Angeles, CA 90020 Southern California- Nevada Regional Council of Carpenters CUSIP NO. 810022 30 1 SCHEDULE 13D Page 12 of 30 Name and Business Citizen- Principal Occupation Office Held Address ship or Employment -------------------- ----------------------- --------- -------------------- Douglas J. McCarron 520 South Virgil Ave. USA Secretary-Treasurer, Co-Chairman, Los Angeles, CA 90020 Southern California Trustee District Council of Carpenters Gary Jaacks 520 West Walnut Ave. USA President, Trustee Orange, CA 92868 Raymond Interiors Robert J. Sheets 520 South Virgil Ave. USA Controller, Southern Trustee Los Angeles, CA 90020 California-Nevada Regional Council of Carpenters Mike McCarron 520 South Virgil Ave. USA Secretary-Treasurer, Trustee Los Angeles, CA 90020 So.California-Nevada Regional Council of Carpenters Floyd Clay 520 South Virgil Ave. USA Sr. Administrative Trustee Los Angeles, CA 90020 Assistant, So. California-Nevada Regional Council of Carpenters To the best knowledge of the Reporting Persons, none of the entities or persons identified in this Item 2 has, during the past five years, been convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors), nor 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 4. Purpose of Transaction ------------------------------- On February 5, 2001, Scott Technologies Inc. ("Scott") and Tyco International, Ltd. ("Tyco") announced that Tyco Acquisition Corp. XVIII (NV), a wholly owned first tier subsidiary of Tyco ("Tyco Acquisition"), R2 Mergersub Inc., a wholly owned first tier subsidiary of Tyco Acquisition ("Merger Sub"), and Scott had entered into an Agreement and Plan of Merger, dated as of February 4, 2001 (the "Merger Agreement"). The terms and conditions of the Merger Agreement are set forth in Scott's Form 8K filed on February 6, 2001. As a condition of the Merger Agreement, Tyco requested the Reporting Persons to enter into voting agreements with Tyco Acquisition. CUSIP NO. 810022 30 1 SCHEDULE 13D Page 13 of 30 As of February 4, 2001, Reporting Persons and some of their affiliates entered into voting agreements with Tyco Acquisition. The form of agreements is attached hereto as Exhibit B and incorporated by reference herein, and signature pages for each of the Holders is attached. Item 5. Interest in Securities of the Issuer --------------------------------------------- Item 5 of the Schedule 13D is hereby amended as follows: (a),(b) According to the Issuer's most recent Form 10Q, there were 16,947,488 shares of Common Stock issued and outstanding as of October 25, 2000. Based on such information, the Reporting Persons report the following direct holdings and corresponding percentage of shares outstanding of the Common Stock: Stinson reports direct holdings of 904,906 (5.3%) shares of the Common Stock; Carpenters Trust reports direct holdings of 1,151,809 (6.8%) shares of the Common Stock; RCBA Inc. and BLUM L.P. report holdings of 439,009 (2.6%) shares of the Common Stock owned directly by certain of the limited partnerships for which BLUM L.P. serves as the general partner and certain of RCBA L.P.'s investment advisory client accounts; Strategic reports direct holdings of 1,038,347 (6.1%) shares of the Common Stock. In addition, the Reporting Persons report control of options to acquire 2,501 (less than 1%) shares of the Common Stock. These options have been granted to the Reporting Persons' designee on the Issuer's Board of Directors. These options are exercisable within 60 days. The Reporting Persons' designee disclaims beneficial ownership of any shares held by the Reporting Persons, except to the extent of any pecuniary interest therein. Mr. Blum reports the aggregate of the shares described above for a total of 3,534,071 (20.9%) shares of the Common Stock. In addition, because BLUM L.P. has voting and investment power with respect to 365,205 (2.2%) shares the Common Stock that are legally owned by The Common Fund for the accounts of its Value Opportunities Fund and Multi-Strategy Equity Fund, (collectively, "The Common Fund"), those shares are reported as beneficially owned by BLUM L.P. The Common Fund is principally engaged in the business of managing investments for educational institutions. The principal administrative office of The Common Fund is located at 15 Old Danbury Road, Wilton, Connecticut 06897-0812. The Common Fund disclaims membership in a group with any of the Reporting Persons, and disclaims beneficial ownership of any shares held by the Reporting Persons. Voting and investment power concerning the above shares are held solely by BLUM L.P. and RCBA GP. The Reporting Persons therefore may be deemed to be members in a group, in which case each Reporting Person would be deemed to have beneficial ownership of an aggregate of 3,899,276 shares which is 23.0% of the outstanding Common Stock. As the sole general partner of BLUM L.P., RCBA Inc. is deemed the beneficial owner of the securities over which BLUM L.P. has voting and investment power. As Chairman and a substantial shareholder of RCBA Inc., Richard C. Blum might be deemed to be the beneficial owner of the securities beneficially owned by RCBA Inc. Additionally, Mr. Blum may be deemed to be the beneficial owner of the securities over which RCBA GP has voting and investment power. Although Mr. Blum is joining in this CUSIP NO. 810022 30 1 SCHEDULE 13D Page 14 of 30 Schedule as a Reporting Person, the filing of this Schedule shall not be construed as an admission that he, or any of the other shareholders, directors or executive officers of RCBA Inc., or managing members and members of RCBA GP, is, for any purpose, the beneficial owner of any of the securities that are beneficially owned by RCBA Inc. or RCBA GP, except to the extent of any pecuniary interest therein. (c) During the last 60 days ended February 6, 2001, none of the Reporting Persons has effected any transactions in the shares of the Common Stock: Item. 6. Contracts, Arrangements, Understandings or Relationships with Respect To Securities of the Issuer. ------------------------------------------------------------------------------- None of the Reporting Persons or, to the best knowledge of the Reporting Persons, the other persons named in Item 2, is party to any contract, arrangement, understanding or relationship with respect to any securities of the Issuer, including but not limited to the transfer or voting of any arrangement, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, except (i) as previously disclosed, (ii) as noted above, BLUM, L.P. has voting and investment power of the shares held by it for the benefit of the Common Fund, and (iii) as noted above, RCBA, Inc., BLUM, L.P., and RCBA GP entered into voting agreements dated as of February 4, 2001, with Acquisition Corp. and attached hereto as Exhibit B. (d) and (e) Not applicable. Item 7. Material to be Filed as Exhibits ----------------------------------------- Exhibit A Joint Filing Undertaking. Exhibit B Voting Agreement. CUSIP NO. 810022 30 1 SCHEDULE 13D Page 15 of 30 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 9, 2001 RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P. By Richard C. Blum & Associates, Inc., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner and General Counsel Partner and General Counsel STINSON CAPITAL PARTNERS, L.P. THE CARPENTERS PENSION TRUST FOR By BLUM Capital Partners, L.P., SOUTHERN CALIFORNIA its general partner By BLUM CAPITAL PARTNERS, L.P., By Richard C. Blum & Associates, its investment adviser Inc., its general partner By Richard C. Blum & Associates, Inc., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner and General Counsel Partner and General Counsel RCBA GP, L.L.C. RCBA STRATEGIC PARTNERS, L.P. By RCBA GP, L.L.C., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick, Member Murray A. Indick, Member /s/ Murray A. Indick ------------------------------------ RICHARD C. BLUM By Murray A. Indick, Attorney-in-Fact CUSIP NO. 810022 30 1 SCHEDULE 13D Page 16 of 30 Exhibit A JOINT FILING UNDERTAKING The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party. Dated: February 9, 2001 RICHARD C. BLUM & ASSOCIATES, INC. BLUM CAPITAL PARTNERS, L.P. By Richard C. Blum & Associates, Inc., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner and General Counsel Partner and General Counsel STINSON CAPITAL PARTNERS, L.P. THE CARPENTERS PENSION TRUST FOR By BLUM Capital Partners, L.P., SOUTHERN CALIFORNIA its general partner By BLUM Capital Partners, L.P., By Richard C. Blum & Associates, its investment adviser Inc., its general partner By Richard C. Blum & Associates, Inc., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Partner and General Counsel Partner and General Counsel RCBA GP, L.L.C. RCBA STRATEGIC PARTNERS, L.P. By RCBA GP, L.L.C., its general partner By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick, Member Murray A. Indick, Member /s/ Murray A. Indick ------------------------------------ RICHARD C. BLUM By Murray A. Indick, Attorney-in-Fact CUSIP NO. 810022 30 1 SCHEDULE 13D Page 17 of 30 EXHIBIT B VOTING AGREEMENT VOTING AGREEMENT, dated as of February 4, 2001 (the "Agreement"), between the undersigned holder (the "Holder") of shares of the common stock, $0.10 par value (the "Company Common Stock"), of Scott Technologies, Inc., a Delaware corporation (the "Company"), and Tyco Acquisition Corp. XVIII (NV) ("Parent"), a Nevada corporation and a wholly-owned subsidiary of Tyco International Ltd. ("Guarantor"). RECITALS The Company, Parent and R2 Mergersub Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent ("Merger Sub"), propose to enter into an Agreement and Plan of Merger dated the date hereof (the "Merger Agreement"); capitalized terms not otherwise defined herein being used herein as therein defined), pursuant to which Merger Sub would be merged (the "Merger") with and into the Company, and each outstanding share of Company Common Stock would be converted into the right to receive common shares, $0.20 par value ("Guarantor Common Shares"), of Guarantor; and The Holder is the beneficial owner of the number of shares of Company Common Stock and options or rights to acquire shares of Company Common Stock (such securities and any other securities of the Company hereafter acquired by the Holder, the "Subject Securities") set forth on the signature page to this Agreement; and As a condition of its entering into the Merger Agreement, Parent has requested the Holder to agree, and the Holder has agreed, to enter into this Agreement. AGREEMENT NOW, THEREFORE, the parties hereto agree as follows: 1. Agreement to Vote Shares. Prior to the Termination Date (as hereinafter defined), at every meeting of the stockholders of the Company called with respect to any of the following, and at every adjournment thereof, and on every action or approval by written consent of the stockholders of the Company with respect to any of the following, the Holder shall vote all Subject Securities that are voting securities and that it beneficially owns at the time of any such vote: (i) in favor of adoption of CUSIP NO. 810022 30 1 SCHEDULE 13D Page 18 of 30 the Merger Agreement and (ii) against (x) approval of any Acquisition Proposal made in opposition to or in competition with the Merger, (y) any merger (including, without limitation, an Alternative Transaction), consolidation, sale of assets requiring stockholder approval, reorganization or recapitalization of the Company, with any other person other than Parent or its affiliates, and (z) any liquidation or winding up of the Company (each of the foregoing in this clause (ii) is hereinafter referred to as an "Opposing Proposal"). 2. Agreement Not to Solicit. Prior to the Termination Date, the Holder will not, and will use its reasonable best efforts not to permit any investment banker, attorney or other adviser or representative acting on its behalf or any other entity under its control to, directly or indirectly: (1) solicit proxies or become a "participant" in a "solicitation" (as such terms are defined in Regulation 14A under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) with respect to an Opposing Proposal or otherwise encourage or assist any person in taking or planning any action that would constitute an Opposing Proposal; or (2) initiate a stockholders' vote or action by written consent of the Company's stockholders with respect to an Opposing Proposal. Notwithstanding the restrictions set forth in this Section 2, any designee or representative of Holder or any of its affiliates serving on the Board of Directors of the Company may exercise his fiduciary duties in his capacity as a director or an officer with respect to the Company as opposed to taking action with respect to the direct or indirect ownership of the Subject Securities, and no such exercise of fiduciary duties shall be deemed a breach of, or a violation of the restrictions contained in this Agreement, provided that such fiduciary duties are exercised in accordance with Section 4.02 of the Merger Agreement. 3. Transfer of Securities. From and after the date hereof until the conclusion of the meeting at which the Company's stockholders vote on the adoption of the Merger Agreement and the Holder votes in favor of approval of the Merger and the adoption of the Merger Agreement (the "Meeting Date"), the Holder will not effect a sale, exchange, pledge, disposition or other transfer or encumbrance (a "Sale") of any of the Subject Securities to or in favor of any person, unless, prior to any such Sale, such person shall have agreed in a writing, in form and substance reasonably acceptable to Parent, for the benefit of and delivered to Parent, to be bound by all provisions of this Agreement applicable to the Holder. Following the Meeting Date, the Holder shall not consummate a Sale to or in favor of any person, unless (i) such sale is made in the open market or (ii) prior to any such Sale, such person shall have agreed in writing, in form and substance CUSIP NO. 810022 30 1 SCHEDULE 13D Page 19 of 30 reasonably acceptable to Parent, for the benefit of and delivered to Parent, to be bound by the provisions of Section 2 (Agreement Not to Solicit) of this Agreement. 4. Binding Agreement. This Agreement shall be binding upon, and shall inure to the benefit of, the Holder, and his heirs, estate, personal representatives and permitted assigns and Parent and its successors and permitted assigns. 5. Notices. All notices and other communications given or made pursuant hereto shall be in writing and shall be deemed to have been duly given or made if and when delivered personally or by overnight courier or sent by electronic transmission, with confirmation received, to the address or telecopy numbers specified below: If to the Holder, to the person at the address appearing on the signature page beneath the Holder's name or to telecopier No. 415-434-3130. If to Parent: Tyco Acquisition Corp. XVIII (NV) One Tyco Park Exeter, NH 03833 Telecopier No.: (603) 778-7700 Attn: President With a copy to: Kramer, Levin, Naftalis & Frankel LLP 919 Third Avenue New York, New York 10022 Telecopier No.: (212) 715-8000 Telephone No.: (212) 715-9100 Attention: Abbe L. Dienstag, Esq. or to such other address or telecopy number as any party may have furnished to the other parties in writing in accordance herewith. 6. Specific Performance. The parties hereto agree that irreparable harm would occur in the event that any of the provisions of this Agreement were not performed in accordance with its specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof in any court of the United States or any state thereof having jurisdiction, this being in addition to any other remedy to which they are entitled at law or in equity. CUSIP NO. 810022 30 1 SCHEDULE 13D Page 20 of 30 7. Amendment. (a) This Agreement may not be amended or modified, except by an instrument in writing signed on behalf of each of the parties hereto. (b) This Agreement may not be waived by either party hereto, except by an instrument in writing signed on behalf of the party granting such waiver. (c) This Agreement may not be assigned by any party without the prior written consent of the other party, and any assignment without such consent shall be void. The foregoing notwithstanding, this Agreement and the rights of Parent hereunder may be assigned to Guarantor or any direct or indirect wholly-owned subsidiary of Guarantor without the consent of the Holder. 8. Governing Law/Consent of Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of New York. Each party hereto hereby irrevocably submits to the jurisdiction of any New York State or Federal court sitting in the City of New York in any action or proceeding arising out of or related to this Agreement, and hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such State or Federal court. Each party hereto hereby irrevocably consents to the service of process, which may be served in any such action or proceeding by certified mail, return receipt requested, by delivering a copy of such process to such party at its address specified in Section 5 or by any other method permitted by law. 9. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same agreement. 10. Termination. (a) This Agreement shall terminate upon the earlier to occur of (i) the Effective Time and (ii) the termination of the Merger Agreement according to its terms. The date and time at which this Agreement is terminated in accordance with this Section 10 is referred to herein as the "Termination Date." (b) Upon any termination of this Agreement as provided in this Section 10, this Agreement shall thereupon become void and of no further force and effect, and there shall be no liability in respect of this Agreement or of any transactions contemplated hereby or by the Merger Agreement on the part of any party hereto or any of its directors, officers, partners, stockholders, employees, agents, advisors, representatives or affiliates; provided, however, that nothing herein shall relieve any party from any liability for such party's willful breach of this CUSIP NO. 810022 30 1 SCHEDULE 13D Page 21 of 30 Agreement; and provided further that nothing herein shall limit, restrict, impair, amend or otherwise modify the rights, remedies, obligations or liabilities of any person under any other contract or agreement, including, without limitation, the Merger Agreement. [This space intentionally left blank] CUSIP NO. 810022 30 1 SCHEDULE 13D Page 22 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President BK CAPITAL PARTNERS IV, L.P.: By: BLUM Capital Partners, L.P. Its: General Partner By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 105,271 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 23 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President THE CARPENTERS' PENSION TRUST FOR SOUTHERN CALIFORNIA: By: BLUM Capital Partners, L.P. Its: Investment Advisor By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 1,151,809 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 24 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President RCBA STRATEGIC PARTNERS, L.P.: By: RCBA GP, L.L.C., its General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Member Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 1,038,347 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 25 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President STINSON CAPITAL PARTNERS II, L.P.: By: BLUM Capital Partners, L.P. Its: General Partner By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 213,261 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 26 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President STINSON CAPITAL PARTNERS, L.P.: By: BLUM Capital Partners, L.P. Its: General Partner By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 904,906 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 27 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President STINSON CAPITAL FUND (CAYMAN) LTD: By: BLUM Capital Partners, L.P. Its: Investment Advisor By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 38,798 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 28 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President THE COMMONFUND VALUE OPPORTUNITY FUND: By: BLUM Capital Partners, L.P. Its: Investment Advisor By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 118,200 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 29 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President THE COMMONFUND MULTISTRATEGY FUND: By: BLUM Capital Partners, L.P. Its: Investment Advisor By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 247,005 Number of Options or Rights to Acquire Company Common Stock: ___________________ CUSIP NO. 810022 30 1 SCHEDULE 13D Page 30 of 30 IN WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of the parties hereto, all as of the date first above written. TYCO ACQUISITION CORP. XVIII (NV) By: /s/ Mark H. Swartz Name: Mark H. Swartz Title: Vice President UNITED BROTHERHOOD OF CARPENTERS PENSION FUND: By: BLUM Capital Partners, L.P. Its: Investment Advisor By: Richard C. Blum & Associates, Inc. Its: General Partner By: /s/ N. Colin Lind N. Colin Lind, its Managing Partner Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 Number of Shares of Company Common Stock: 81,679 Number of Options or Rights to Acquire Company Common Stock: ___________________