SC 13G/A 1 feb0403_13g-smurfit.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 5)1 Smurfit-Stone Container Corporation ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per Share ------------------------------------------------------------------------------- (Title of Class of Securities) 832727101 ------------------------------------------------------------------------------- (CUSIP Number) November 18, 1998 ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) --------- 1 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 the disclosures provided in a prior cover page. The information required in 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 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). CUSIP No. 832727101 13G Page 2 of 13 Pages ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) MORGAN STANLEY ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------- SHARES 6. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY ----------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER -0- REPORTING PERSON WITH ----------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 832727101 13G Page 3 of 13 Pages ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) MORGAN STANLEY LEVERAGED EQUITY FUND II, INC. ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------- SHARES 6. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY ----------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER -0- REPORTING PERSON WITH ----------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 832727101 13G Page 4 of 13 Pages ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) MORGAN STANLEY LEVERAGED EQUITY FUND II, L.P. ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------- SHARES 6. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY ----------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER -0- REPORTING PERSON WITH ----------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 832727101 13G Page 5 of 13 Pages ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) MORGAN STANLEY EQUITY INVESTORS INC. ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------- SHARES 6. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY ----------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER -0- REPORTING PERSON WITH ----------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 832727101 13G Page 6 of 13 Pages ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SIBV/MS EQUITY INVESTORS, L.P. ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] ------------------------------------------------------------------------------- 3. SEC USE ONLY ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 5. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------- SHARES 6. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY ----------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER -0- REPORTING PERSON WITH ----------------------------------------------------- 8. SHARED DISPOSITIVE POWER -0- ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1(a). Name of Issuer: Smurfit-Stone Container Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 150 North Michigan Avenue Chicago, Illinois 60601-7568 Item 2(a). Name of Person Filing: This statement is filed on behalf of the persons identified below. In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each person filing this statement acknowledges that it is responsible for the completeness and accuracy of the information concerning that person but is not responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Morgan Stanley ("MS") Morgan Stanley Leveraged Equity Fund II, Inc. ("MSLEF II, Inc.") The Morgan Stanley Leveraged Equity Fund II, L.P. ("MSLEF II, L.P.") Morgan Stanley Equity Investors Inc. ("MSEI Inc.") SIBV/MS Equity Investors, L.P. ("SIBV/MS, L.P.") Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of MS, MSLEF II, Inc., MSLEF II, L.P., MSEI Inc. and SIBV/MS, L.P. is: 1585 Broadway New York, New York 10036 Item 2(c). Citizenship: The citizenship of MS, MSLEF II, Inc., MSLEF II, L.P., MSEI Inc. and SIBV/MS, L.P. is Delaware. Item 2(d). Title of Class of Securities: This statement relates to the Company's Common Stock par value, $0.01 per share (the "Shares"). Item 2(e). CUSIP Number: 832727101 Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; Page 7 of 13 (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act; (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. The filing of this statement should not be construed as an admission by any person that such person is, for purposes of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this statement, other than the securities set forth opposite such person's name in the table in Item 4(c) below. (a) Amount beneficially owned: This is the Reporting Persons' final amendment to the Schedule 13G and is an exit filing. As of December 31, 2002, the Reporting Persons no longer beneficially own any Shares. MS is filing solely in its capacity as parent company of, and indirect beneficial owner of securities held by, one of its business units. (b) Percent of class: Morgan Stanley 0% of the Shares Morgan Stanley Leveraged Equity Fund II, Inc. 0% of the Shares The Morgan Stanley Leveraged Equity Fund II, 0% of the Shares L.P. Morgan Stanley Equity Investors Inc. 0% of the Shares Page 8 of 13 SIBV/MS Equity Investors, L.P. 0% of the Shares (c) Number of shares as to which such person has: (iii) (iv) (i) (ii) Sole power Shared power Sole power Shared power to dispose or to dispose to vote or to to vote or to direct the or to direct the direct the vote to direct the vote disposition of disposition of --------------- ------------------ -------------- ---------------- Morgan Stanley - 0 - - 0 - - 0 - - 0 - Morgan Stanley - 0 - - 0 - - 0 - - 0 - Leveraged Equity Fund, II Inc. The Morgan Stanley - 0 - - 0 - - 0 - - 0 - Leveraged Equity Fund II, L.P. Morgan Stanley Equity - 0 - - 0 - - 0 - - 0 - Investors Inc. SIBV/MS Equity - 0 - - 0 - - 0 - - 0 - Investors, L.P.
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. |X| Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable Item 8. Identification and Classification of Members of the Group. See Exhibit 1. Item 9. Notice of Dissolution of Group. Not applicable Item 10. Certifications. Not applicable Page 9 of 13 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 13, 2003 MORGAN STANLEY By: /s/ Dennine Bullard ------------------------------------- Name: Dennine Bullard Title: Authorized Signatory MORGAN STANLEY LEVERAGED EQUITY FUND II, INC. By: /s/ Andrew N. Siegel ------------------------------------- Name: Andrew N. Siegel Title: Secretary THE MORGAN STANLEY LEVERAGED EQUITY FUND II, L.P. By: Morgan Stanley Leveraged Equity Fund II, Inc., as General Partner By: /s/ Andrew N. Siegel ------------------------------------- Name: Andrew N. Siegel Title: Secretary MORGAN STANLEY EQUITY INVESTORS INC. By: /s/ Andrew N. Siegel ------------------------------------- Name: Andrew N. Siegel Title: Secretary SIBV/MS EQUITY INVESTORS, L.P. By: /s/ Andrew N. Siegel ------------------------------------- Name: Andrew N. Siegel Title: Secretary Page 10 of 13 Exhibit Index Page ---- Exhibit 1 -- Group Members 12 Exhibit 2 -- Joint Filing Agreement 13 Page 11 of 13