-----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, M2royPuQK2jW9U9P5uyuPpHjtVyHPytmmE6C65KW16Lrv/7OVXjw2aYwuNFKnxIY q7kgQAvG0pipkG7QkVzZiQ== 0000889812-96-001261.txt : 19960911 0000889812-96-001261.hdr.sgml : 19960911 ACCESSION NUMBER: 0000889812-96-001261 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960910 SROS: CSX SROS: NYSE GROUP MEMBERS: D. E. SHAW & CO. INTERNATIONAL, L.L.C. GROUP MEMBERS: D. E. SHAW & CO., INC. GROUP MEMBERS: D. E. SHAW & CO., L.P. GROUP MEMBERS: DAVID E. SHAW GROUP MEMBERS: SHAW D E INVESTMENTS LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REYNOLDS METALS CO CENTRAL INDEX KEY: 0000083604 STANDARD INDUSTRIAL CLASSIFICATION: PRIMARY PRODUCTION OF ALUMINUM [3334] IRS NUMBER: 540355135 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12270 FILM NUMBER: 96627822 BUSINESS ADDRESS: STREET 1: 6601 W BROAD ST STREET 2: PO BOX 27003 CITY: RICHMOND STATE: VA ZIP: 23261 BUSINESS PHONE: 8042812000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHAW D E INVESTMENTS LP CENTRAL INDEX KEY: 0000933203 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133470777 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 120 W 45TH ST 39TH FL. STREET 2: TOWER 45 CITY: NEW Y ORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2124780000 MAIL ADDRESS: STREET 1: 120 W 45TH ST 39TH FL STREET 2: TOWER 45 CITY: NEW YORK STATE: NY ZIP: 10036 SC 13D/A 1 AMENDMENT NO. 2 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* REYNOLDS METALS COMPANY (Name of Issuer) 7% PRIDES (SM), Convertible Preferred Stock (Title of Class of Securities) 761763 50 7 (CUSIP Number) Rochelle Elias Compliance Director D. E. Shaw & Co., L.P. 120 West 45th Street 39th Floor New York, New York 10036 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 4, 1996 (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. [ ] Check the following box if a fee is being paid with this 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 less than five percent 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 parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities and 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). (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D. E. Shaw & Co., Inc. 13-3839469 ___________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [x] ___________________________________________________________________ (3) SEC USE ONLY ___________________________________________________________________ (4) SOURCE OF FUNDS AF ___________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ___________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ___________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER SHARES -0- ___________________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 562,600 ___________________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER REPORTING -0- ___________________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 562,600 ___________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 562,600 ___________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ___________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% ___________________________________________________________________ (14) TYPE OF REPORTING PERSON ** HC, CO ___________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D. E. Shaw & Co., L.P. 13-3695715 ___________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [x] ___________________________________________________________________ (3) SEC USE ONLY ___________________________________________________________________ (4) SOURCE OF FUNDS AF ___________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ___________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ___________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER SHARES -0- ___________________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 428,300 ___________________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER REPORTING -0- ___________________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 428,300 ___________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 428,300 ___________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ___________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.9% ___________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN ___________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D. E. Shaw Investments, L.P. 13-3470777 ___________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [x] ___________________________________________________________________ (3) SEC USE ONLY ___________________________________________________________________ (4) SOURCE OF FUNDS WC ___________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ___________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ___________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER SHARES -0- ____________________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 428,300 ____________________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER REPORTING -0- ____________________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 428,300 ____________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 428,300 ____________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** ____________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.9% ____________________________________________________________________ (14) TYPE OF REPORTING PERSON ** BD, PN ____________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D. E. Shaw & Co. International, L.L.C. 13-3799946 ___________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [x] ___________________________________________________________________ (3) SEC USE ONLY ___________________________________________________________________ (4) SOURCE OF FUNDS WC ___________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ___________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ___________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER SHARES -0- ___________________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 134,300 ___________________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER REPORTING -0- ___________________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 134,300 ___________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 134,300 ___________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ___________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.2% ___________________________________________________________________ (14) TYPE OF REPORTING PERSON ** OO ___________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON David E. Shaw ___________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [x] ___________________________________________________________________ (3) SEC USE ONLY ___________________________________________________________________ (4) SOURCE OF FUNDS AF ___________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ___________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States ___________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER SHARES -0- ___________________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER OWNED BY 562,600 ___________________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER REPORTING -0- ___________________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 562,600 ___________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 562,600 ___________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ___________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% ___________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IN ___________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 2 to the Schedule 13D, originally filed on August 8, 1996, relates to the 7% PRIDES (SM), Convertible Preferred Stock ("PRIDES") of Reynolds Metals Company (the "Company"). Capitalized terms used herein but not defined herein shall have the meaning ascribed to them in the initial Schedule 13D. ITEM 1. SECURITY AND ISSUER. No change. ITEM 2. IDENTITY AND BACKGROUND. No change. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The first paragraph of Item 3 is hereby amended and restated as follows: The amount of funds (excluding commissions and/or fees) used by InvLP for the purchase(s) reported pursuant to Item 5(c) was $1,203,125, and the amount of funds (excluding commissions and/or fees) used by IntlLLC for the purchase(s) reported pursuant to Item 5(c) was $1,203,125. ITEM 4. PURPOSE OF THE TRANSACTION. No change. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended and restated in its entirety as follows: (a) The percentage of shares of PRIDES reported beneficially owned by each person herein is based on 11,000,000 shares of PRIDES outstanding as of February 20, 1996, as indicated in the Company's most recent Proxy Statement, dated February 23,1996. As of September 4, 1996: (i) DESCO Inc owns directly no shares of PRIDES. By reason of the provisions of Rule 13d-3 of the Act, DESCO Inc may be deemed to own beneficially 562,600 shares of PRIDES, comprising the shares owned directly by InvLP and IntlLLC. DESCO Inc may be deemed to beneficially own approximately 5.1% of the shares outstanding. (ii) DESCO LP owns directly no shares of PRIDES. By reason of the provisions of Rule 13d-3 of the Act, DESCO LP may be deemed to own beneficially 428,300 shares of PRIDES, comprising the shares owned directly by InvLP. DESCO LP may be deemed to beneficially own approximately 3.9% of the shares outstanding. (iii) InvLP owns directly 428,300 shares of PRIDES, constituting approximately 3.9% of the shares outstanding. (iv) IntlLLC owns directly 134,300 shares of PRIDES, constituting approximately 1.2% of the shares outstanding. (v) David Shaw owns directly no shares of PRIDES. By reason of the provisions of Rule 13d-3 of the Act, David Shaw may be deemed to own beneficially 562,600 shares of PRIDES, comprising the shares owned directly by InvLP and IntlLLC. David Shaw may be deemed to beneficially own approximately 5.1% of the outstanding shares. David Shaw disclaims beneficial ownership of such 562,600 shares. (b) With respect to the number of shares beneficially owned by each Reporting Person, each Reporting Person shares voting and dispositive power with the other Reporting Persons, except that InvLP and DESCO LP do not share voting or dispositive power with IntlLLC and vice versa. (c) Except for the transactions listed in Schedule A, attached hereto, there have been no transactions with respect to the class of securities reported on by the persons named in paragraph (a) during the period from August 14, 1996 until September 4, 1996. (d) No person other than each respective owner and general partner or member manager referred to herein is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of PRIDES. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER No Change. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS No change. After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. September 9, 1996 D. E. SHAW & CO., INC. By: /s/ David E. Shaw President D. E. SHAW & CO., L.P. By: /s/ Stuart Steckler Managing Director D. E. SHAW INVESTMENTS, L.P. By: D. E. SHAW & CO., L.P., as General Partner By: /s/ Stuart Steckler Managing Director D. E. SHAW & CO. INTERNATIONAL, L.L.C. By: D. E. SHAW & CO., INC., as member manager By: /s/ David E. Shaw President DAVID E. SHAW /s/ David E. Shaw SCHEDULE A Pursuant to Item 5(c), following are the transactions in the shares of PRIDES during the period from August 14, 1996 until September 4, 1996. All transactions were effected on the New York Stock Exchange. Transaction Date Of Number Of shares Price Per Effected By Purchase Bought (Sold) Share - ----------- -------- ---------------- --------- InvLP 960822 25000 48.125 IntlLLC 960822 25000 48.125 InvLP 960828 (11400) 48.5 InvLP 960828 (20000) 48.5 IntlLLC 960828 (5000) 48.5 InvLP 960903 (14500) 47.544 InvLP 960904 (90000) 48.0 IntlLLC 960904 (30000) 48.0 -----END PRIVACY-ENHANCED MESSAGE-----