-----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, DF7h+zyngDFKBi7BDl3I4bbjQ1hcWJAh6eO8TNj81qUjkt03TIhNJEp3TdKLUZK1 oufoK38oVr5H+zr4Exg3+Q== 0000950172-01-500716.txt : 20010822 0000950172-01-500716.hdr.sgml : 20010822 ACCESSION NUMBER: 0000950172-01-500716 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010719 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLTRISTA CORP CENTRAL INDEX KEY: 0000895655 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 351828377 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13665 FILM NUMBER: 1720338 BUSINESS ADDRESS: STREET 1: 5875 CASTLE CREEK PARKWAY, NORTH DRIVE STREET 2: SUITE 440 CITY: INDIANAPOLIS STATE: IN ZIP: 46250-4330 BUSINESS PHONE: 3175775000 MAIL ADDRESS: STREET 1: 5875 CASTLE CREEK PARKWAY, NORTH DRIVE STREET 2: SUITE 440 CITY: INDIANAPOLIS STATE: IN ZIP: 46250-4330 8-K 1 s276922.txt 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ---------------- Date of Report (Date of earliest event reported): July 19, 2001 ALLTRISTA CORPORATION (Exact name of registrant as specified in its charter) Indiana 001-13665 35-1828377 (State of incorporation (Commission File I.R.S. employer or organization) Number) identification no.) Alltrista Corporation 5875 Castle Creek Parkway, North Drive, Suite 440 Indianapolis, Indiana (Address of principal executive offices) 46250 (zip code) (317) 577-5000 (Registrant's telephone number, including area code) N/A (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. On July 19, 2001, the Board of Directors of Alltrista Corporation, an Indiana corporation (the "Registrant") approved and adopted the Amendment to Rights Agreement, dated as of July 19, 2001 (the "Amendment), to that certain Rights Agreement, dated as of March 22, 1993, as amended and restated as of May 7, 1999 (the "Agreement"), between the Registrant and EquiServe Trust Company, N.A. ("EquiServe") as successor in interest to The First Chicago Trust Company of New York ("First Chicago") as Rights Agent. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement. On August 21, 2001, the Registrant issued a press release relating to the foregoing. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated in its entirety herein by reference. As more fully set forth in the Amendment, the Amendment increases the threshold required to become an Acquiring Person from ten percent (10%) or more to fifteen percent (15%) or more of the outstanding Common Stock, removes the Passive Investor exceptions to the Acquiring Person definition, and adds an exception to the Acquiring Person definition for certain Persons that inadvertently acquire fifteen percent (15%) or more (but no more than twenty percent (20%)) of the outstanding Common Stock under certain circumstances. In addition, the Amendment provides that EquiServe is appointed to succeed to First Chicago as Rights Agent under the Agreement. As amended, if a Person or group becomes the Beneficial Owner of fifteen percent (15%) or more of the outstanding Common Stock, subject to certain exceptions, holders of each Right issued under the Agreement (other than the Acquiring Person) will have the right to purchase, upon payment of the exercise price of a Right, Registrant's Common Stock having a market value of two times the exercise price. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit 4.1 and incorporated herein by reference. Item 7. Exhibits. (c) Exhibits. Exhibit Number Description ------- ----------- 4.1 Amendment to Rights Agreement, dated as of July 19, 2001, between Alltrista Corporation and EquiServe Trust Company, N.A. as successor in interest to The First Chicago Trust Company of New York as Rights Agent. 99.1 Press Release of Alltrista Corporation, dated August 21, 2001. SIGNATURE Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized. ALLTRISTA CORPORATION By: /s/ Thomas B. Clark --------------------------------------------- Name: Thomas B. Clark Title: Chairman, President and Chief Executive Officer Date: August 21, 2001 EX-4 3 s277883.txt EX 4.1 AMENDMENT TO RIGHTS AGREEMENT Exhibit 4.1 AMENDMENT TO RIGHTS AGREEMENT This AMENDMENT TO RIGHTS AGREEMENT (this "Amendment"), dated as of July 19, 2001, amends that certain Rights Agreement, dated as of March 22, 1993, as amended and restated as of May 7, 1999 (the "Agreement"), between Alltrista Corporation, an Indiana corporation (the "Company"), and EquiServe Trust Company, N.A., a national banking association ("EquiServe" or "Rights Agent"), as successor in interest to The First Chicago Trust Company of New York, a New York corporation ("First Chicago") as Rights Agent. Unless defined elsewhere herein, capitalized terms used in this Amendment shall have the meanings assigned to such terms in the Agreement. R E C I T A L S: - - - - - - - - WHEREAS, the Company and First Chicago have heretofore executed and entered into the Agreement; and WHEREAS, EquiServe has succeeded to First Chicago as Rights Agent pursuant to the Agreement; and WHEREAS, pursuant to Section 27 of the Agreement, the Company may from time to time supplement or amend the Agreement in accordance with the provisions of Section 27 thereof; and WHEREAS, on July 19, 2001, the Board of Directors of the Company determined that it is necessary and desirable to amend the Agreement and direct the Rights Agent to enter into this Amendment. NOW, THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the parties hereby agree as follows: Section 1. Appointment of Successor Rights Agent. The Company hereby appoints EquiServe to succeed to First Chicago as Rights Agent for the Company and the holders of the Rights (who, in accordance with Section 3 of the Agreement, shall, prior to the Distribution Date, also be the holders of the Common Stock) in accordance with the terms and conditions hereof and the Agreement, and EquiServe hereby accepts such appointment to succeed to First Chicago as Rights Agent. As of the date hereof, all references in the Agreement to "Rights Agent" shall be deemed to refer to EquiServe and EquiServe shall be fully responsible for all responsibilities and obligations of the Rights Agent under the Agreement. Section 2. Amendments to Agreement. The Agreement is hereby amended as follows, effective as of the date first written above: (a) The definition of Acquiring Person set forth in Section 1(a) of the Agreement is hereby amended and restated in its entirety as follows: (a) "Acquiring Person" shall mean any Person who or which, together with all Affiliates and Associates of such Person, shall be the Beneficial Owner of fifteen percent (15%) or more of the shares of Common Stock then outstanding, but shall not include: (i) the Company; (ii) any Subsidiary of the Company; (iii) any employee benefit plan of the Company or of any Subsidiary of the Company and any Person organized, appointed or established by the Company for or pursuant to the terms of any such plan; (iv) any Person who becomes the Beneficial Owner of fifteen percent (15%) or more of the shares of Common Stock then outstanding as a result of a reduction in the number of shares of Common Stock outstanding due to the repurchase of shares of Common Stock by the Company unless and until such Person, after becoming aware that such Person has become the Beneficial Owner of fifteen percent (15%) or more of the then outstanding shares of Common Stock, acquires beneficial ownership of additional shares of Common Stock representing one percent (1%) or more of the shares of Common Stock then outstanding; or (v) any such Person who has reported or is required to report such ownership (but less than 20%) on Schedule 13G under the Securities Exchange Act of 1934, as amended and in effect on the date of this Agreement (the "Exchange Act") (or any comparable or successor report) or on Schedule 13D under the Exchange Act (or any comparable or successor report) which Schedule 13D does not state any intention to or reserve the right to control or influence the management or policies of the Company or engage in any of the actions specified in Item 4 of such schedule (other than the disposition of the Common Stock) and, within 10 Business Days of being requested by the Company to advise it regarding the same, certifies to the Company that such Person acquired shares of Common Stock in excess of 14.9% inadvertently or without knowledge of the terms of the Rights and who or which, together with all Affiliates and Associates, thereafter does not acquire additional shares of Common Stock while the Beneficial Owner of 15% or more of the shares of Common Stock then outstanding; provided, however, that if the Person requested to so certify fails to do so within 10 Business Days, then such Person shall become an Acquiring Person immediately after such 10-Business-Day period. (b) The first sentence of Section 3(a) of the Agreement is hereby amended by replacing the reference to "10%" with "fifteen percent (15%)". (c) Section 19(a) of the Agreement is hereby amended by inserting immediately following each occurrence of the word "corporation" the phrase ", trust company, limited liability company or limited partnership (or similar form of entity)". (d) The fifth sentence of Section 21 of the Agreement is hereby amended and restated in its entirety as follows: Any successor Rights Agent, whether appointed by the Company or by such a court, shall be a corporation, trust company, limited liability company or limited partnership (or similar form of entity) authorized to conduct business under the laws of the United States or any state of the United States, in good standing, having a principal office in any state of the United States, which is authorized under such laws to exercise corporate trust, fiduciary or shareholder services powers and is subject to supervision or examination by federal or state authority. (e) Section 26 of the Agreement is hereby amended by deleting the address given for the Rights Agent and inserting in lieu thereof the following: EquiServe Trust Company, N.A. One North State Street 11th Floor Chicago, Illinois 60602 Attention: T. Marshall Section 6. Miscellaneous. (a) Ratification; Effect. This Amendment shall be construed in connection with and as part of the Agreement and all terms, conditions, representations, warranties, covenants and agreements set forth in the Agreement and each other instrument or agreement referred to therein, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. In executing and delivering this Amendment, the Rights Agent shall be entitled to all the privileges and immunities afforded to the Rights Agent under the terms and conditions of the Agreement. (b) Severability. If any term, provision, covenant or restriction of this Amendment is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Amendment, and of the Agreement, shall remain in full force and effect and shall in no way be affected, impaired or invalidated. (c) Counterparts. This Amendment may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. (d) Descriptive Headings. Descriptive headings of this Amendment are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof. (e) Governing Law. This Amendment shall be deemed to be a contract made under the laws of the State of Indiana and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts made and to be performed entirely within such State. (Signature Page Follows) IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and their respective corporate seals to be hereunto affixed and attested, all effective as of the day and year first above written. Attest: ALLTRISTA CORPORATION By /s/ Tandy S. Jones By /s/ Thomas B. Clark ------------------------------- --------------------------------- Name: Tandy S. Jones Name: Thomas B. Clark Title: Administrative Assistant Title: Chairman, President and Chief Executive Officer Attest: EQUISERVE TRUST COMPANY, N.A. By /s/ Kathleen M. Voss By /s/ Tammie J. Marshall ------------------------------ --------------------------------- Name: Kathleen M. Voss Name: Tammie J. Marshall Title: Manager, Client Support Title: Senior Account Manager EX-99 4 s278350.txt EX 99.1 PRESS RELEASE Exhibit 99.1 Alltrista Corporation amends stockholder rights plan INDIANAPOLIS, Ind., Aug. 21, 2001 - Alltrista Corporation (NYSE: ALC), today announced that it has amended its existing Stockholder Rights Plan to increase from 10 percent to 15 percent the common stock ownership threshold at which any person or group becomes an "acquiring person" and triggers certain provisions under the Rights Plan. As revised, if a person or group becomes the beneficial owner of 15 percent or more of the outstanding shares of Alltrista common stock, subject to certain exceptions, holders of rights (other than the acquiring person) would have the right to purchase Alltrista common stock at a 50 percent discount. Alltrista is a materials-based company. Its plastics group serves numerous fields, including healthcare, consumer, appliance, motor vehicle and industrial markets. Through its metals group, Alltrista is the leading supplier of home food preservation products, under the Ball(R), Kerr(R) and Bernardin(R) brands, and is the country's largest producer of zinc strip and fabricated products, including coin blanks for the U.S. and foreign mints. Please visit the company's Web site at www.alltrista.com for further information. Note: This news release contains forward-looking statements intended to qualify for the Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements regarding the outlook for Alltrista's markets and the demand for its products. These projections and statements are based on management's estimates and assumptions with respect to future events and financial performance and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could differ materially from those projected as a result of certain factors. A discussion of factors that could cause results to vary are included in the Company's periodic reports filed with the Securities and Exchange Commission, including its Form 10-K for the fiscal year ended December 31, 2000, and its Form 10-Q for the three months ended July 1, 2001. ### Contact - Kristin Clauss at 317.577.5015 or kclauss@alltrista.com -----END PRIVACY-ENHANCED MESSAGE-----