-----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, UMcFVXwT/LuT8Rde5QGAO1NkCNlGVd705PGk0XYzZ9SXNKUu2sbBWRFbborVOTvF bWvAOWiKb2EJfWSCW4SLhA== 0000078716-96-000012.txt : 19961205 0000078716-96-000012.hdr.sgml : 19961205 ACCESSION NUMBER: 0000078716-96-000012 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961204 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MYCOGEN CORP CENTRAL INDEX KEY: 0000813742 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE SERVICES [0700] IRS NUMBER: 953802654 STATE OF INCORPORATION: CA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39279 FILM NUMBER: 96675610 BUSINESS ADDRESS: STREET 1: 5501 OBERLIN DR CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6194538030 MAIL ADDRESS: STREET 1: 5501 OBERLIN DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER HI BRED INTERNATIONAL INC CENTRAL INDEX KEY: 0000078716 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 420470520 STATE OF INCORPORATION: IA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 700 CAPITAL SQ STREET 2: 400 LOCUST ST CITY: DES MOINES STATE: IA ZIP: 50309 BUSINESS PHONE: 5152453500 MAIL ADDRESS: STREET 1: 6800 PIONEER PKWY STREET 2: PO BOX 316 CITY: JOHNSTON STATE: IA ZIP: 50131 SC 13D/A 1 SCHEDULE 13D THIS AMENDMENT NO. 2 SCHEDULE 13D IS BEING FILED TO CORRECT INFORMATION ON AMENDMENT N0. 1, WHICH WAS FILED ON DECEMBER 3, 1996. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) Mycogen Corporation (Name of Issuer) Common Stock $ .001 Par Value (Title of Class of Securities) 628452104 (CUSIP Number) Dan Cornelison, 515/248-4823, 400 Locust St., 700 Capital Sq., Des Moines, IA 50309 (Name, Address and Telephone number of person Authorized to Receive Notices and Communications) December 2, 1996 (Date of Event which Required 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 parities to whom copies are to be sent. *The remainder of this cover page shall be filed 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 the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - ------------------------------------------------------------------------------ 1. Name of Reporting Person, S.S. or I.R.S. Identification No. of above Person: Pioneer Hi-Bred International, Inc. (shares held by a wholly owned subsidiary Pioneer Overseas Corporation, 42-1134927) 42-0470520 - ------------------------------------------------------------------------------ 2. Check the appropriate box if a member of a Group: Not Applicable a. ____ b. ____ - ------------------------------------------------------------------------------ 3. SEC use only - ------------------------------------------------------------------------------ 4. Source of Funds*: 00 (Company Funds) - ------------------------------------------------------------------------------ 5. Check box if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e): Not Applicable - ------------------------------------------------------------------------------ 6. Citizenship or Place of Organization: Iowa Corporation - ------------------------------------------------------------------------------ Number of shares 7. Sole Voting Power: 2,000,000 ---------------------------------------------------------- beneficially owned 8. Shared Voting Power: Not Applicable ---------------------------------------------------------- each reporting 9. Sole Dispositive Power: 2,000,000 ---------------------------------------------------------- person with 10. Shares Dispositive Power: Not Applicable ---------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by each Reporting Person: 2,000,000 - ------------------------------------------------------------------------------ 12. Check box if the Aggregate amount in row (11) excluded certain shares*: ___ Not Applicable - ------------------------------------------------------------------------------ 13. Percent of Class Represented by amount in row (11): 6.5 - ------------------------------------------------------------------------------ 14. Type Of reporting Person*: CO SCHEDULE 13D This amendment No. 2 is being filed to note the decrease in the reporting person's ownership from 3,000,000 shares to 2,000,000 shares. It amends the original 13D filed by the reporting person in December, 1995 and corrects amendment No. 1 filed on December 3, 1996. Item 1. Security and Issuer. This Schedule 13D relates to Common Stock, $.001 par value ("Common Stock"), of Mycogen Corporation, a California Corporation ("Mycogen"), the principal executive offices of which are located at 5501 Oberlin Drive, San Diego, California 92121. Item 2. Identity and Background. Pioneer Hi-Bred International, Inc. ("Pioneer"), the reporting person, is an Iowa Corporation. Pioneer develops, produces and markets a full line of seeds, microbial products and services to farmers, grain processors and other customers. The address of its principal office is 400 Locust Street, 700 Capital Square, Des Moines, Iowa 50309. Pioneer owns the shares through a wholly owned subsidiary, Pioneer Overseas Corporation ("POC") an Iowa Corporation. POC is a holding company for shares of companies owned by Pioneer. The information required by Item 2 with respect to the executive officers, and directors of Pioneer is as follows: Charles S. Johnson, President & Chief Executive Officer and Director of Pioneer and President and Director of POC Jerry L. Chicoine, Senior Vice President, Chief Financial Officer & Corporate Secretary to the Board and Vice President and Director of POC John D. James, Senior Vice President of Pioneer Dr. Richard McConnell, Senior Vice President & Director of Research and Product Development of Pioneer Wayne L. Beck, Vice President-Supply Management of Pioneer Carrol D. Bolen, Vice President-Legal and Governmental Affairs Dr. Anthony J. Cavalieri, Vice President & Director of Trait and Technology Development of Pioneer Jack A. Cavanah, Vice President & Director of Corn Research of Pioneer Dwight G. Dollison, Vice President & Treasurer of Pioneer and Treasurer of POC Andre Faget, Vice President & Director of Operations/South Europe of Pioneer Thomas M. Hanigan, Vice President & Director of Information Management/Business Information Services of Pioneer Brian G. Hart, Vice President & Corporate Controller of Pioneer and Assistant Treasurer of POC James R. Houser, Vice President & Director of Nutrition and Industry Markets of Pioneer Dr. Hector R.R. Laurence, Vice President & Director of Operations/S.A., C.A., Caribbean of Pioneer Mary A. McBride, Vice President-Marketing of Pioneer Dr. James E. Miller, Vice President & Director of Oilseeds and Field Crops Research of Pioneer Paul E. Schickler, Vice President & Director of Resource Planning of Pioneer Harold F. Thorne, Vice President & Director of Operations/Africa, Middle East, Asia, China of Pioneer John T. Watson, Vice President & Director of Operations/CIS, Oceania, Turkey of Pioneer and Vice President and Director of POC Robert K. Wichmann, Vice President-North American Seed Sales of Pioneer Doug Smith, Corporate attorney for Pioneer and Assistant Secretary and Director of POC The business address of the above persons is: 400 Locust Street, 700 Capital Square, Des Moines, IA 50309. The following are Directors of Pioneer: Dr. Ray A. Goldberg - Since July, 1970, Dr. Goldberg has been Moffett Professor of Agriculture and Business, Harvard University Graduate School of Business Administration. His business address is: Harvard University, Graduate School of Business Administration, Soldiers Field, Boston, MA 02163. Dr. F. Warren McFarlan - Dr. McFarlan has been the Ross Graham Walker Professor of Business Administration, Harvard University Graduate School of Business Administration and tenured since 1973. His business address is: Harvard University, Graduate School of Business Administration, Soldiers Field Baker 185, Boston, MA 02163. Dr. Owen J. Newlin - From 1978 to 1993, Dr. Newlin served in an executive position with the Company. Dr. Newlin retired as Senior Vice President of the Company in April, 1993. Dr. Newlin is a Director of Boatman's Bank, Iowa, N.A. and Central Iowa Health System (a non-profit hospital), each of Des Moines, Iowa. His business address is: 3315 48th Place, Des Moines, IA 50310. Thomas N. Urban - Mr. Urban is currently Chairman of the Board of the Company. Mr. Urban is a Senior Lecturer at Harvard Graduate School of Business. His business address is: Harvard University, Graduate School of Business Administration, Soldiers Field, Baker Library 186, Boston, MA 02163. Dr. Pedro M. Cuatrecasas - Since 1989, Dr. Cuatrecasas has served as Vice President of Warner-Lambert Company, Morris Plains, New Jersey (a pharmaceutical company), and as President of its Pharmaceutical Research Division in Ann Arbor, Michigan. His business address is: Parke-Davis Company, Pharmaceutical Division, 2800 Plymouth Road, Ann Arbor, MI 48106-1047. Fred S. Hubbell - Mr. Hubbell is Chairman and Chief Executive Officer of Equitable of Iowa Companies, Des Moines, Iowa (a life insurance and annuities company). His business address is: Equitable of Iowa Companies, 604 Locust, P.O. Box 1635, Des Moines, IA 50306. H. Scott Wallace - Since 1992, Mr. Wallace has been a criminal justice and government relations consultant, primarily as Special Counsel for the National Legal Aid and Defender Association (a nonprofit educational association of lawyers). His business address is: 1625 "K" Street, Suite 800, Washington, DC 20006. Herman H.F. Wijffels - Since 1986, Mr. Wijffels has been Chairman of the Executive Board of Rabobank Nederland, The Netherlands (a cooperative banking organization doing business internationally). His business address is: Rabobank Nederland, Croeselaan 18, Postbus 17100, 3500 HG Utrecht, The Netherlands. Nancy Y. Bekavac - Since July, 1990, Ms. Bekavac has been President of Scripps College, Claremont, California. Her business address is: Scripps College, 1030 Columbia Avenue, Claremont, CA 91711. C. Robert Brenton - Since 1990, Mr. Brenton has been Chairman of the Board of Brenton Banks, Inc., and is currently a Director of Brenton Banks, Inc., Des Moines, Iowa. His business address is: Brenton Banks, Inc. Box 961, Des Moines, IA 50304. Luiz Kaufmann - Since November, 1993, Mr. Kaufmann has been the President and CEO of Aracruz Celulose S.A., Rio de Janeiro, Brazil (a pulp producer). His business address is: Aracruz Celulose S.A., Rua Lauro Muller, 116, 40th Floor, Rio de Janeiro, Brazil. Dr. Virginia Walbot - Since 1989, Dr. Walbot has been a Professor at Stanford University's Department of Biological Sciences, Stanford, California. Her business address is: Stanford University, Department of Biological Sciences, Stanford, CA 94305. Fred W. Weitz - Mr. Weitz is President of Essex Meadows, Inc., Des Moines, Iowa (an operator of proprietary retirement communities and owner of commercial real estate). From 1964 to 1995, Mr. Weitz was the President of The Weitz Corporation, Des Moines, Iowa (a building construction and real estate development company). His business address is: Essex Meadows, Inc., 800 Second Avenue, Des Moines, IA 50309. None of Pioneer, POC, nor any of the persons named above, has been convicted of any criminal offense (excluding traffic violations or similar misdemeanors) during the past five years. None of Pioneer, POC, nor any of the persons named above, has been a party during the past five years to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been or is subject to a judgment, decree or final order finding violations of or enjoining future violations of or prohibiting or mandating activities subject to federal or state securities laws. All persons named above are U.S. citizens except Herman Wijffels of The Netherlands; Luiz Kaufmann of Brazil; Andre Faget of France; and Hector Laurence of Argentina. Item 3. Source and Amount of Funds or Other Consideration. The 3 million shares of stock was purchased for $30 million with Pioneer funds in December 1995. 1 million shares of stock was sold for $16,750,000 in December 1996. Item 4. Purpose Of Transaction The purpose of the acquisition in 1995 was for investment and is related to a research collaboration. The research collaboration will focus on using Bacillus thuringiensis (BT) genes in crops to protect them against pest damage. The shares of common stock were purchased by Pioneer from Mycogen on December 13, 1995 pursuant to a stock purchase agreement and are not registered and are thus "restricted securities". In connection with the purchase of the shares of Common Stock Pioneer and Mycogen entered into a Registration Rights Agreement, dated December 13, 1995. The Registration Rights Agreement gives Pioneer the right at any time after the first anniversary of the purchase to demand two registrations. Pioneer may also participate in any registration by Mycogen for its own account or the account of others. The purpose that Pioneer has in selling its shares to DowElanco is to facilitate DowElanco obtaining control of Mycogen's Board of Directors. Pioneer was informed of a proposed stock acquisition and technology transaction by a third party that in the view of Pioneer would have impaired Mycogen's technology rights and therefore would not have been in the best interests of Pioneer. Although Pioneer was informed that Mycogen rejected the offer, in light of the possibility that it might be revived, Pioneer determined that it was in its best interests to facilitate DowElanco obtaining control of Mycogen's Board of Directors. Item 5. Interest in Securities of the Issuer. (a) As of December, 1996, Pioneer through POC beneficially owns 2 million shares of Common Stock of Mycogen. Based upon the shares outstanding as shown in the Mycogen 10 K for the fiscal year ended August 31, 1996, Pioneer has 6.5% of the Common Stock. None of the other persons named in Item 2 of this Schedule 13D beneficially owns any shares of Common Stock (or warrants or other rights to acquire such shares). (b) Pioneer has the sole power to vote and the sole power to dispose of the 2,000,000 shares of Common Stock beneficially owned by it. (c) Other than the purchase reported on herein, none of the persons named in Item 2 of this Schedule 13D, including Pioneer, has effected during the past 60 days any transaction in the Common Stock of Mycogen. (d) Not applicable (e) Not applicable Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. In connection with the purchase of the shares of Common Stock Pioneer and Mycogen entered into a Registration Rights Agreement, dated December 13, 1995. The Registration Rights Agreement gives Pioneer the right at any time after the first anniversary of the purchase to demand two registrations. Pioneer may also participate in any registration by Mycogen for its own account or the account of others. Item 7. Material to be filed as Exhibits. The Registration Rights Agreement was filed as Exhibit A, to the original 13D filing in December 1995. After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. PIONEER HI-BRED INTERNATIONAL, INC. By: /s/Jerry Chicoine Date:12/03/96 Jerry L. Chicoine Senior Vice President -----END PRIVACY-ENHANCED MESSAGE-----