-----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, WZB4e1GcpL66vbolR9Em8RaVD9yZvcUp4yxzbvhjy4RkouIv56d4SiSm1s1mDsZ/ dCKOF6+HoQ4YYPI5CsdOaQ== 0000912057-99-007302.txt : 19991125 0000912057-99-007302.hdr.sgml : 19991125 ACCESSION NUMBER: 0000912057-99-007302 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991124 GROUP MEMBERS: BCU INVESTMENTS, L.L.C. GROUP MEMBERS: BRUCE E. HENDRY GROUP MEMBERS: CURTIS L. CARLSON FOUNDATION GROUP MEMBERS: CURTIS L. CARLSON OCTAGON TRUST GROUP MEMBERS: DR. DEMETRE NICOLOFF GROUP MEMBERS: G. JAMES SPINNER GROUP MEMBERS: GEOFFREY C. GAGE GROUP MEMBERS: JAMES A. POTTER GROUP MEMBERS: JENNIFER L. NELSON TRUST GROUP MEMBERS: JULIET A. NELSON TRUST GROUP MEMBERS: KOZBERG MARC H GROUP MEMBERS: NAFCO INSURANCE COMPANY LTD. OF BERMUDA GROUP MEMBERS: NASSER J. KAZEMINY GROUP MEMBERS: REVOCABLE TRUST OF BARBARA C. GAGE GROUP MEMBERS: REVOCABLE TRUST OF DIANA NELSON GROUP MEMBERS: REVOCABLE TRUST OF EDWIN C. GAGE GROUP MEMBERS: REVOCABLE TRUST OF GLEN D. NELSON GROUP MEMBERS: RICHARD C. GAGE GROUP MEMBERS: ROBERT H. PAYMAR GROUP MEMBERS: SCA MANAGEMENT PARTNERS, LLP GROUP MEMBERS: SCOTT C. GAGE GROUP MEMBERS: STANLEY I. BARENBAUM GROUP MEMBERS: SUMMIT CAPITAL APPRECIATION FUND LP GROUP MEMBERS: WENDY M. NELSON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BORDEN CHEMICALS & PLASTICS LIMITED PARTNERSHIP /DE/ CENTRAL INDEX KEY: 0000821202 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 311269627 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-38898 FILM NUMBER: 99763425 BUSINESS ADDRESS: STREET 1: HIGHWAY 73 CITY: GEISMAR STATE: LA ZIP: 70734 BUSINESS PHONE: 6142254482 MAIL ADDRESS: STREET 1: PO BOX 427 STREET 2: 180 EAST BROAD STREET 25TH FLOOR CITY: GERSMAR STATE: LA ZIP: 70734 FORMER COMPANY: FORMER CONFORMED NAME: BORDEN CHEMICALS & PLASTICS LIMITED PARTNERSHIP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KOZBERG MARC H CENTRAL INDEX KEY: 0001072668 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 90 SOUTH SEVENTH STREET STREET 2: SUITE 4400 CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4115 BUSINESS PHONE: 6123767035 MAIL ADDRESS: STREET 1: 90 SOUTH SEVENTH STREET STREET 2: SUITE 4400 CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4115 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment) Under the Securities Exchange Act of 1934 BORDEN CHEMICALS AND -------------------- PLASTICS LIMITED PARTNERSHIP ---------------------------- (Name of Issuer) Common Unit ----------- (Title of Class of Securities) 099541 20 3 ----------- (CUSIP Number) Albert A. Woodward, Esq. Maun & Simon, PLC 2000 Midwest Plaza Building West 801 Nicollet Mall Minneapolis, Minnesota 55402 (612) 904-7400 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 9, 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(e), 13d-1(f) or 13d-1(g), check the following box [ ]. (Cover page continued on next 9 pages) SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............ I.R.S. Identification Nos. of above MARC H. KOZBERG persons (entities only)................... - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ------------------------------------ (b) - -------------------------------------------------------------------------------- (3) SEC use only.......................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization.. USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................... 73,000 (8) Shared voting power................. 278,000 (9) Sole dispositive power.............. 73,000 (10) Shared dispositive power........... 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 351,000 - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)........................ 1.0% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions) . . . . . . . . . IN - -------------------------------------------------------------------------------- -2- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons BRUCE E. HENDRY (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power.................... 1,581,300 (8) Shared voting power.................. -0- (9) Sole dispositive power............... 1,581,300 (10) Shared dispositive power............ -0- - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 1,581,300 - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 4.3% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -3- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons DR. DEMETRE NICOLOFF (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power.................... 200,900 (8) Shared voting power.................. 278,000 (9) Sole dispositive power............... 200,900 (10) Shared dispositive power............ 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by 478,900 each reporting person. - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 1.3% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -4- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons G. JAMES SPINNER (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power.................... 50,000 (8) Shared voting power.................. 278,000 (9) Sole dispositive power............... 50,000 (10) Shared dispositive power............ 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 328,000 - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 0.9% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -5- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons ROBERT H. PAYMAR (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power.................... 100,000 (8) Shared voting power.................. 278,000 (9) Sole dispositive power............... 100,000 (10) Shared dispositive power............ 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 378,000 - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 1.0% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -6- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons STANLEY I. BARENBAUM (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................... 30,000 (8) Shared voting power................. 278,000 (9) Sole dispositive power.............. 30,000 (10) Shared dispositive power........... 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 308,000 - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 0.8% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -7- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. I.R.S. Identification Nos. of above persons JAMES A. POTTER (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) PF - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... USA - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................... 66,000 - -------------------------------------------------------------------------------- (8) Shared voting power................. 278,000 - -------------------------------------------------------------------------------- (9) Sole dispositive power.............. 66,000 - -------------------------------------------------------------------------------- (10) Shared dispositive power........... 278,000 - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by 344,000 each reporting person. - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 0.9% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. IN - -------------------------------------------------------------------------------- -8- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. SUMMIT CAPITAL APPRECIATION FUND I.R.S. Identification Nos. of above persons LP (entities only)............................ 41-1822728 - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) WC - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... Minnesota - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power.................... 278,000 (8) Shared voting power.................. -0- (9) Sole dispositive power............... 278,000 (10) Shared dispositive power............ -0- - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by 278,000 each reporting person. - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 0.8% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. PN - -------------------------------------------------------------------------------- -9- SCHEDULE 13D CUSIP NO. 099541 20 3 - -------------------------------------------------------------------------------- (1) Names of reporting persons............. SCA MANAGEMENT PARTNERS, L.L.P. I.R.S. Identification Nos. of above persons (entities only)............................ - -------------------------------------------------------------------------------- (2) Check the appropriate box if a member (a) X of a group (see instructions) ----------------------------------- (b) - -------------------------------------------------------------------------------- (3) SEC use only........................... - -------------------------------------------------------------------------------- (4) Source of funds (see instructions) WC - -------------------------------------------------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - -------------------------------------------------------------------------------- (6) Citizenship or place of organization... Minnesota - -------------------------------------------------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................... 278,000 - -------------------------------------------------------------------------------- (8) Shared voting power................. -0- - -------------------------------------------------------------------------------- (9) Sole dispositive power.............. 278,000 - -------------------------------------------------------------------------------- (10) Shared dispositive power........... -0- - -------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by 278,000 each reporting person. - -------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - -------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)................................ 0.8% - -------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).............................. PN - -------------------------------------------------------------------------------- -10- INTRODUCTION The members of this Section 13(d) filing group (the "Holders") originally filed a Schedule 13D relating to Borden Chemicals and Plastics Limited Partnership (the "Issuer") on October 28, 1998. The original filing was amended on November 27, 1998, December 28, 1998, May 10, 1999, July 30, 1999 and August 13, 1999. This filing is the sixth amendment to the original Schedule 13D filing. Cover pages are included only to the extent that a Holder has engaged in transactions in the voting Common Units of the Issuer since the filing of the most recent Schedule 13D amendment. The Holders' responses to Items 1-3, and 6 remain unchanged. ITEM 2. IDENTITY AND BACKGROUND All other information regarding the Holders in Item 2 of the most recent filing remains accurate. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Units of the Issuer were purchased by each Holder from available cash resources or working capital. ITEM 4. PURPOSE OF TRANSACTION. The Holders' response to Item 4 is unchanged. Since the Holders' last Amendment filed on Schedule 13D, the Holders have requested a list of the Issuer's Unit holders from BCP Management, Inc., the general partner of the Issuer. -11- ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Information with respect to the aggregate number, and percentage, of all outstanding Common Units beneficially owned as of November 22, 1999 by each of the Holders is set forth below:
Percentage of Name Number of Common Units Outstanding Units ---- ---------------------- ----------------- Marc H. Kozberg 351,000 * 1.0% Bruce E. Hendry 1,581,300 4.3% Dr. Demetre Nicoloff 478,900 * 1.3% G. James Spinner 328,000 * 0.9% Robert H. Paymar 378,000 * 1.0% Stanley I. Barenbaum 308,000 * 0.8% James A. Potter 344,000 *@ 0.9% Summit Capital Appreciation Fund LP 278,000 0.8% SCA Management Partners, L.L.P. 278,000 * 0.8% Curtis L. Carlson Foundation 71,300 0.2% NAFCO Insurance Company Ltd. of Bermuda 71,400 0.2% Revocable Trust of Glen D. Nelson 50,000 0.1% Curtis L. Carlson Octagon Trust 42,300 0.1% Scott C. Gage 15,000 < 0.1% Richard C. Gage 10,000 < 0.1% Revocable Trust of Diana Nelson 5,000 < 0.1% Geoffrey C. Gage 5,000 < 0.1% Wendy M. Nelson 10,000 < 0.1% Jennifer L. Nelson Trust 7,500 < 0.1% Juliet A. Nelson Trust 7,500 < 0.1% Revocable Trust of Edwin C. Gage 12,500 < 0.1% Revocable Trust of Barbara C. Gage 12,500 < 0.1% BCU Investments, L.L.C. 972,400 2.6% Nasser J. Kazeminy 972,400 # 2.6%
* Includes 278,000 Common Units owned by Summit Capital Appreciation Fund LP. # Includes 972,400 Common Units owned by BCU Investments, L.L.C. @ Includes 5,000 Common Units owned as joint tenant with spouse and 5,000 Common Units controlled in custodial accounts of minor children. On November 12, 1999, the Issuer had 36,750,000 Common Units outstanding. The Holders, as of November 22, 1999, collectively owned 3,671,600 Units of the Issuer's Common Units, constituting approximately 9.99% of all of the outstanding voting Common Units. -12- Transactions by the Holders in Common Units of the Issuer since the most recent filing of a Schedule 13D Amendment are as follows:
TYPE OF NUMBER OF PRICE/ NAME DATE TRANSACTION UNITS UNIT ---- ---- ----------- ----- ---- Summit Capital* 07/28/99 Buy 20,000 5.5938 Demetre Nicoloff 07/28/99 Buy 15,200 5.6036 Marc H. Kozberg 07/29/99 Buy 10,000 5.5625 Marc H. Kozberg 08/10/99 Buy 5,000 5.3750 Demetre Nicoloff 08/24/99 Buy 7,000 4.9375 Summit Capital* 08/24/99 Buy 25,000 4.9375 Demetre Nicoloff 08/26/99 Buy 3,000 5.0000 Summit Capital* 08/31/99 Buy 2,000 4.9375 Summit Capital* 09/03/99 Buy 6,000 4.9531 Marc H. Kozberg 09/03/99 Buy 2,000 4.9531 Marc H. Kozberg 09/07/99 Buy 6,000 4.6719 James A. Potter 09/15/99 Buy 6,000 5.0625 Demetre Nicoloff 09/17/99 Buy 12,000 4.6167 Demetre Nicoloff 09/21/99 Buy 1,000 4.3750 Demetre Nicoloff 09/24/99 Buy 10,000 4.0563 Demetre Nicoloff 09/27/99 Buy 5,000 4.0950 Demetre Nicoloff 09/27/99 Buy 3,000 4.0854 Demetre Nicoloff 10/08/99 Buy 2,000 3.7500 Bruce E. Hendry 11/03/99 Buy 45,400 3.5958 Bruce E. Hendry 11/05/99 Buy 56,000 5.1213 Bruce E. Hendry 11/05/99 Buy 13,100 5.1250 Bruce E. Hendry 11/05/99 Buy 6,900 4.9375 Bruce E. Hendry 11/08/99 Buy 66,100 4.9994 Bruce E. Hendry 11/09/99 Buy 20,400 5.0628 Bruce E. Hendry 11/10/99 Buy 32,300 4.9917 Bruce E. Hendry 11/11/99 Buy 20,400 4.9835 Bruce E. Hendry 11/12/99 Buy 43,100 4.8959 Bruce E. Hendry 11/15/99 Buy 19,400 4.9365 Bruce E. Hendry 11/16/99 Buy 35,000 4.7946 Bruce E. Hendry 11/17/99 Buy 5,800 4.9817 Bruce E. Hendry 11/18/99 Buy 26,100 4.9521 TOTAL (SELL) (-0-) TOTAL (BUY) 530,200 ------- TOTAL (NET) 530,200
* Summit Capital Appreciation Fund, LP -13- Robert A. Paymar has engaged in transactions in options of the Issuer. Since the date of the last Schedule 13D Amendment, Mr. Paymar bought options to purchase 22,600 Units at $10.00 which expired on November 20, 1999. All of Mr. Paymar's November options were purchased either to close open positions or expired unexercised. The February options were purchased to close open positions in February options, transactions in which were previously reported. As of November 22, 1999, Mr. Paymar has no currently exercisable options to purchase Units of the Issuer and all open positions have been closed. Mr. Paymar engaged in the following transactions since the most recent Schedule 13D Amendment:
OPTION DATE ACTION AMOUNT PRICE BCU Nov 10 Call 07/28/99 Buy 7,600 $0.1875 BCU Nov 10 Call 08/09/99 Buy 2,000 $0.1875 BCU Nov 10 Call 08/10/99 Buy 3,000 $0.1875 BCU Feb 10 Call 08/24/99 Buy 1,300 $0.1875 BCU Nov 10 Call 08/25/99 Buy 5,000 $0.1250 BCU Nov 10 Call 09/15/99 Buy 5,000 $0.1250
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit A -- Agreement as to joint filing pursuant to Regulation Section 240.13d-1(f)(1)(iii). -14- SIGNATURES After reasonable inquiry, and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: November 24, 1999 /s/ BRUCE E. HENDRY CURTIS L. CARLSON FOUNDATION - ----------------------------------- Bruce E. Hendry By: /s/ DONNA SNYDER ------------------------------- /s/ MARC H. KOZBERG Donna Snyder, Secretary - ----------------------------------- Marc H. Kozberg NAFCO INSURANCE COMPANY LTD. /s/ DR. DEMETRE NICOLOFF OF BERMUDA - ----------------------------------- Dr. Demetre Nicoloff By: /s/ MARY STOTTS /s/ G. JAMES SPINNER ------------------------------- - ----------------------------------- Mary Stotts, Authorized Agent G. James Spinner /s/ ROBERT H. PAYMAR - ----------------------------------- REVOCABLE TRUST OF GLEN D. NELSON Robert H. Paymar /s/ STANLEY I. BARENBAUM By: /s/ GLEN D. NELSON - ----------------------------------- ------------------------------- Stanley I. Barenbaum Glen D. Nelson, Trustee /s/ JAMES A. POTTER - ----------------------------------- James A. Potter CURTIS L. CARLSON OCTAGON TRUST SUMMIT CAPITAL APPRECIATION FUND LP By: /s/ JOHN FLOTTMEIER ------------------------------- John Flottmeier, Trust Manager By: SCA Management Partners L.L.P. /s/ SCOTT C. GAGE ---------------------------------- By: /s/ MARC H. KOZBERG Scott C. Gage --------------------------- Marc H. Kozberg, a partner /s/ RICHARD C. GAGE ---------------------------------- SCA MANAGEMENT PARTNERS L.L.P. Richard C. Gage By: /s/ MARC H. KOZBERG ----------------------------- Marc H. Kozberg, a partner REVOCABLE TRUST OF DIANA NELSON By: /s/ DIANA NELSON ------------------------------- Diana Nelson, Trustee -15- /s/ GEOFFREY C. GAGE - ----------------------------------- Geoffrey C. Gage /s/ WENDY M. NELSON - ----------------------------------- Wendy M. Nelson JENNIFER L. NELSON TRUST By: /s/ CURTIS C. NELSON -------------------------------- Curtis C. Nelson, Trustee JULIET A. NELSON TRUST By: /s/ CURTIS C. NELSON -------------------------------- Curtis C. Nelson, Trustee REVOCABLE TRUST OF EDWIN C. GAGE TRUST By: /s/ JOHN FLOTTMEIER -------------------------------- John Flottmeier, Trust Manager REVOCABLE TRUST OF BARBARA C. GAGE By: /s/ JOHN FLOTTMEIER -------------------------------- John Flottmeier, Trust Manager BCU INVESTMENTS, L.L.C. By: /s/ NASSER J. KAZEMINY -------------------------------- Nasser J. Kazeminy, Chairman /s/ NASSER J. KAZEMINY - ----------------------------------- Nasser J. Kazeminy -16- EXHIBIT A AGREEMENT AS TO JOINT FILING Pursuant to Regulation Section 240.13d-1(f)(1)(iii), the undersigned acknowledge and agree that the attached Schedule 13D relating to Borden Chemicals and Plastics Limited Partnership is being filed on behalf of each of the undersigned. /s/ BRUCE E. HENDRY CURTIS L. CARLSON FOUNDATION - ----------------------------------- Bruce E. Hendry By: /s/ DONNA SNYDER ------------------------------- /s/ MARC H. KOZBERG Donna Snyder, Secretary - ----------------------------------- Marc H. Kozberg NAFCO INSURANCE COMPANY LTD. /s/ DR. DEMETRE NICOLOFF OF BERMUDA - ----------------------------------- Dr. Demetre Nicoloff By: /s/ MARY STOTTS /s/ G. JAMES SPINNER ------------------------------- - ----------------------------------- Mary Stotts, Authorized Agent G. James Spinner /s/ ROBERT H. PAYMAR REVOCABLE TRUST OF GLEN D. NELSON - ----------------------------------- Robert H. Paymar /s/ STANLEY I. BARENBAUM By: /s/ GLEN D. NELSON - ----------------------------------- ------------------------------- Stanley I. Barenbaum Glen D. Nelson, Trustee /s/ JAMES A. POTTER - ----------------------------------- James A. Potter CURTIS L. CARLSON OCTAGON TRUST SUMMIT CAPITAL APPRECIATION FUND LP By: /s/ JOHN FLOTTMEIER --------------------------------- John Flottmeier, Trust Manager By: SCA Management Partners L.L.P. /s/ SCOTT C. GAGE ---------------------------------- By: /s/ MARC H. KOZBERG Scott C. Gage --------------------------- Marc H. Kozberg, a partner /s/ RICHARD C. GAGE ---------------------------------- SCA MANAGEMENT PARTNERS L.L.P. Richard C. Gage By: /s/ MARC H. KOZBERG ----------------------------- Marc H. Kozberg, a partner -17- REVOCABLE TRUST OF DIANA NELSON By: /s/ DIANA NELSON ------------------------------- Diana Nelson, Trustee /s/ GEOFFREY C. GAGE - ----------------------------------- Geoffrey C. Gage /s/ WENDY M. NELSON - ----------------------------------- Wendy M. Nelson JENNIFER L. NELSON TRUST By: /s/ CURTIS C. NELSON -------------------------------- Curtis C. Nelson, Trustee JULIET A. NELSON TRUST By: /s/ CURTIS C. NELSON -------------------------------- Curtis C. Nelson, Trustee REVOCABLE TRUST OF EDWIN C. GAGE TRUST By: /s/ JOHN FLOTTMEIER -------------------------------- John Flottmeier, Trust Manager REVOCABLE TRUST OF BARBARA C. GAGE By: /s/ JOHN FLOTTMEIER -------------------------------- John Flottmeier, Trust Manager BCU INVESTMENTS, L.L.C. By: /s/ NASSER J. KAZEMINY -------------------------------- Nasser J. Kazeminy, Chairman /s/ NASSER J. KAZEMINY - ----------------------------------- Nasser J. Kazeminy -18- -----END PRIVACY-ENHANCED MESSAGE-----