-----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, AKnMSFpHucsKu8quqkZWtdkgiRwzguY5lFG88NXt8/alX4y+Lma8y5bwT1u6Jm8b nGlJm2ycPsG3KInF5WoXmQ== 0001047469-99-032013.txt : 19990816 0001047469-99-032013.hdr.sgml : 19990816 ACCESSION NUMBER: 0001047469-99-032013 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990813 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: 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: 99689620 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) August 3, 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 2 pages) SCHEDULE 13D ------------ CUSIP NO. 099541 20 3 - ----------------------------------------------------------------------------------------------------------------------- (1) Names of reporting persons............................ BCU INVESTMENTS, L.L.C. I.R.S. Identification Nos. of above persons (entities only)........................................... 41-1925582 - ----------------------------------------------------------------------------------------------------------------------- (2) Check the appropriate box if a member of a (a) X 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................................ 972,400 (8) Shared voting power.............................. -0- (9) Sole dispositive power........................... 972,400 (10) Shared dispositive power........................ -0- - ----------------------------------------------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 972,400 - ----------------------------------------------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ----------------------------------------------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)... 2.6% - ----------------------------------------------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).......... OO - -----------------------------------------------------------------------------------------------------------------------
-2- SCHEDULE 13D CUSIP NO. 099541 20 3 - ----------------------------------------------------------------------------------------------------------------------- (1) Names of reporting persons............................ I.R.S. Identification Nos. of above persons NASSER J. KAZEMINY (entities only)........................................... - ----------------------------------------------------------------------------------------------------------------------- (2) Check the appropriate box if a member of a (a) X 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................................ -0- (8) Shared voting power.............................. 972,400 (9) Sole dispositive power........................... -0- (10) Shared dispositive power........................ 972,400 - ----------------------------------------------------------------------------------------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 972,400 - ----------------------------------------------------------------------------------------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ----------------------------------------------------------------------------------------------------------------------- (13) Percent of class represented by amount in Row (11)... 2.6% - ----------------------------------------------------------------------------------------------------------------------- (14) Type of reporting person (see instructions).......... IN - -----------------------------------------------------------------------------------------------------------------------
-3- 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 and July 30, 1999. This filing is the fifth amendment to the original Schedule 13D filing. This amendment to Schedule 13D serves only to report certain transactions by BCU Investments, L.L.C. in the securities of the Issuer that were inadvertently excluded from previous reports. All other information contained in the most recent amendment filed via EDGAR on July 30, 1999, remains accurate. Cover pages are included only to the extent necessary to report holdings incorrectly reported in the July 30, 1999 amendment. -4- 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 July 27, 1999 by each of the Holders is set forth below:
Percentage of Name Number of Common Units Outstanding Units ---- ---------------------- ----------------- Marc H. Kozberg 295,000 * 0.8% Bruce E. Hendry 1,191,300 3.2% Dr. Demetre Nicoloff 387,700 * 1.1% G. James Spinner 295,000 * 0.8% Robert H. Paymar 345,000 *^ 0.9% Stanley I. Barenbaum 275,000 * 0.7% James A. Potter 305,000 *@ 0.8% Summit Capital Appreciation Fund LP 245,000 0.7% 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 245,000 Common Units owned by Summit Capital Appreciation Fund LP. # Includes 972,400 Common Units owned by BCU Investments, L.L.C. ^ Includes 32,600 Common Units subject to call options at $10.00 per Unit expiring November 20, 1999 and 1,300 Common Units subject to call options at $10.00 per Unit expiring February 19, 2000. @ Includes 5,000 Common Units owned as joint tenant with spouse and 5,000 Common Units controlled in custodial accounts of minor children. On May 10, 1999, the Issuer had 36,750,000 Common Units outstanding. The Holders, as of July 27, 1999, collectively owned 3,161,400 Units of the Issuer's Common Units, constituting approximately 8.6% of all of the outstanding voting Common Units. -5- Transactions by BCU Investments, L.L.C. in Common Units of the Issuer that were inadvertently excluded from previous Schedule 13D Amendments are as follows:
TYPE OF NUMBER OF PRICE/ NAME DATE TRANSACTION UNITS UNIT ---- ---- ----------- ----- ---- BCU Investments, L.L.C. 12/21/98 Buy 61,000 4.4846 BCU Investments, L.L.C. 12/22/98 Buy 114,100 4.4670 BCU Investments, L.L.C. 12/23/98 Buy 128,800 4.4904 BCU Investments, L.L.C. 12/24/98 Buy 93,500 4.5000 BCU Investments, L.L.C. 12/28/98 Buy 55,000 4.5000
SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: August 13, 1999 BCU INVESTMENTS, L.L.C. By: /s/ Nasser J. Kazeminy ----------------------------- Nasser J. Kazeminy, Chairman SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: August 13, 1999 /s/ Nasser J. Kazeminy ----------------------------- Nasser J. Kazeminy -6- -----END PRIVACY-ENHANCED MESSAGE-----