-----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, Qa60cD/t1lOvi8MazACzXXBmn+zX+tJD2LT44IX+teO1lIBWLVXpm5mfvUIt/9iL CecXrQhv6/VpqkCVnlRBpw== 0000919085-96-000002.txt : 19961106 0000919085-96-000002.hdr.sgml : 19961106 ACCESSION NUMBER: 0000919085-96-000002 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961105 SROS: NYSE GROUP MEMBERS: PERRY CORP GROUP MEMBERS: RICHARD C. PERRY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARTIN MARIETTA MATERIALS INC CENTRAL INDEX KEY: 0000916076 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 561848578 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-47249 FILM NUMBER: 96654181 BUSINESS ADDRESS: STREET 1: 2710 WYCLIFF RD CITY: RALEIGH STATE: NC ZIP: 27607 BUSINESS PHONE: 9197814550 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PERRY CORP CENTRAL INDEX KEY: 0000919085 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 599 LEXINGTON STREET 2: 36TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125834100 MAIL ADDRESS: STREET 1: 599 LEXINGTON STREET 2: 36TH FL CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ) MARTIN MARIETTA MATERIALS, INC. (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 573284106 (CUSIP Number) Richard C. Perry Perry Corp. 599 Lexington Avenue New York, NY 10022 (212) 583-4000 (Name, address and telephone number of person authorized to receive notices and communications) October 31, 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 the 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 five percent or less of such class.) (See Rule 13d-7.) PAGE 1 OF 9 PAGES 13D CUSIP No. 573284106 PAGE 2 OF 9 PAGES _____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PERRY CORP. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS OO _____________________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER 2,691,208 SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER 2,691,208 REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER -0- _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,691,208 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.84% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! 13D CUSIP No. 573284106 PAGE 3 OF 9 PAGES _____________________________________________________________________________ (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. Richard C. Perry OF ABOVE PERSON _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [ ] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS OO _____________________________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER 2,691,208 (all shares are owned beneficially by Perry Corp.) SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER 2,691,208 (all shares are owned beneficially by Perry Corp.) REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER -0- _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,691,208 (all shares are owned beneficially by Perry Corp.) _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.84% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON IN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 573284106 PAGE 4 OF 9 PAGES Item 1. Security and Issuer. This statement on Schedule 13D ("Schedule 13D") is being filed with respect to the common stock, $.01 par value (the "Common Stock"), of MARTIN MARIETTA MATERIALS, INC., a North Carolina corporation whose principal executive offices are located at 2710 Wycliff Road, Raleigh, NC 27607-3303 (the "Company"). Item 2. Identity and Background. This Schedule 13D is being filed on behalf of Perry Corp., a New York corporation whose principal offices are located at 599 Lexington Avenue, New York, NY 10022 ("Perry Corp."), and Richard C. Perry, with respect to the shares of Common Stock owned beneficially by Perry Corp. Perry Corp. is a private investment management firm. Richard C. Perry is the President and sole stockholder of Perry Corp. His business address is c/o Perry Corp., 599 Lexington Avenue, New York, NY 10022. He is a citizen of the United States. Neither Perry Corp. nor Richard C. Perry has, during the last five years: A. been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or B. been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. On October 31, 1996, Perry Corp. acquired 542,408 shares of Common Stock from Lockheed Martin Corporation in an exchange offer pursuant to Section 13(e)(4) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in exchange for Perry Corp.'s tender of 114,917 shares of Lockheed Martin Corporation common stock. The tendered shares of Lockheed Martin Corporation common were held in certain investment accounts under the management and control of Perry Corp. (See Item 5(d)). CUSIP No. 573284106 PAGE 5 OF 9 PAGES The source of funds for the purchases of the other 2,148,800 shares of Common Stock reported by Perry Corp. herein was the investment capital of certain investment accounts under the management and control of Perry Corp. (See Item 5(d)). The total amount of such funds is $46,024,566. Item 4. Purpose of Transaction. The purpose of the acquisition of shares of Common Stock by Perry Corp. is for investment. Perry Corp. intends to review its holdings with respect to the Company on a continuing basis. Depending on Perry Corp's evaluation of the Company's business and prospects, and upon future developments (including, but not limited to, market prices of the shares of Common Stock and availability and alternative uses of funds; as well as conditions in the securities markets and general economic and industry conditions), Perry Corp. may acquire additional shares of Common Stock or other securities of the Company, sell all or a portion of its shares of Common Stock or other securities of the Company, now owned or hereafter acquired, or maintain its position at current levels. Perry Corp. has no present plans or proposals which relate to, or would result in, any of the matters enumerated in paragraphs (b) through (j), inclusive, of Item 4 of Schedule 13D. Perry Corp. may, at any time and from time to time, review or reconsider its position with respect to the Company, and formulate plans or proposals with respect to any of such matters. Item 5. Interest in Securities of the Issuer. (a) As of November 4, 1996, Perry Corp. beneficially owns, within the meaning of Rule 13d-3 under the Exchange Act, 2,691,208 shares of the Common Stock or approximately 5.84% of the outstanding shares of Common Stock (based upon 46,079,300 shares of Common Stock reported to be outstanding by the Company as of July 31, 1996 in the Company's Quarterly Report on Form 10- Q for the quarterly period ended June 30, 1996). (b) Perry Corp. has the power to vote and dispose of the 2,691,208 shares of Common Stock beneficially owned by it, which power may be exercised by its President and sole stockholder, Richard C. Perry. (c) All transactions in the Common Stock by Perry Corp. during the past 60 days are described on Schedule A hereto. CUSIP No. 573284106 PAGE 6 OF 9 PAGES (d) The shares reported herein by Perry Corp. are owned beneficially by Perry Corp. for the benefit of investor accounts managed and controlled by Perry Corp. Perry Corp. is the managing general partner of Perry Partners LP, a Delaware limited partnership, and is the investment manager of Perry Partners International, Inc., a British Virgin Islands corporation, and several managed accounts. Investors in Perry Partners LP, Perry Partners International, Inc. and such managed accounts have the right to receive dividends and proceeds from the sale of the Common Stock. No such investor has an interest which relates to more than 5% of the Common Stock outstanding. Because of the foregoing relationships, Perry Corp. and Richard C. Perry disclaim beneficial ownership of shares of Common Stock reported herein, for purposes of Section 13(d) of the Exchange Act or otherwise, other than the portion of such shares which relates to their respective individual economic interests in the shares. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Issuer's Securities Except as otherwise described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Company, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, put or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits. Exhibit 1. Joint Filing Agreement of Perry Corp. and Richard C. Perry, as required by Rule 13D-1(f)(1) promulgated under the Securities Exchange Act of 1934, as amended. CUSIP No. 573284106 PAGE 7 OF 9 PAGES SIGNATURE 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. Dated: November 5, 1996 PERRY CORP. By: /s/ Richard C. Perry ----------------------- Richard C. Perry President /s/ Richard C. Perry --------------------------- Richard C. Perry CUSIP No. 573284106 PAGE 8 OF 9 PAGES SCHEDULE A PERRY CORP. Transactions in the Common Stock in the past 60 days Trade Stock Number of Shares Purchase Price Date Symbol* Purchased/(Sold) Per Share - ------ ------ ---------------- -------------- 10/31/96 MLM 542,408 ** 10/21/96 MLM 134,000 23.25 10/21/96 MLMWI 116,000 23.61 10/18/96 MLMWI 25,000 20.98 10/18/96 MLM (25,000) 21.13 10/10/96 MLMWI 39,200 21.13 10/10/96 MLMWI 22,800 21.13 10/09/96 MLMWI 281,400 21.53 10/08/96 MLMWI 367,700 21.45 10/08/96 MLM (100,000) 22.38 10/07/96 MLMWI 406,500 21.22 10/07/96 MLM (196,500) 22.10 10/04/96 MLMWI 200,000 21.13 10/04/96 MLM 73,600 21.79 10/03/96 MLM 43,600 21.63 10/01/96 MLM 60,000 21.40 09/25/96 MLM 500 22.25 09/24/96 MLM 30,900 22.02 09/23/96 MLM 25,000 21.05 09/20/96 MLM 50,000 21.11 09/19/96 MLM 100,000 20.81 09/18/96 MLM 150,000 20.29 09/17/96 MLM (15,900) 19.84 09/17/96 MLM 60,000 20.48 09/16/96 MLM 300,000 20.17 - ------------------ * 'MLM' refers to transactions in the Common Stock. 'MLMWI' refers to transactions in the when-issued market for the Common Stock. Except where otherwise indicated, all transactions were ordinary trading transactions effected on the New York Stock Exchange. ** On October 31, 1996, Perry Corp. acquired 542,408 shares of Common Stock from Lockheed Martin Corporation in an exchange offer pursuant to Section 13(e)(4) of the Securities Exchange Act of 1934, as amended, in exchange for Perry Corp.'s tender of 114,917 shares of Lockheed Martin Corporation common stock. CUSIP No. 573284106 PAGE 9 OF 9 PAGES EXHIBIT 1 ---------- JOINT FILING AGREEMENT PURSUANT TO RULE 13D-1(f)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D, as amended, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D, as amended, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: November 5, 1996 PERRY CORP. By: /s/ Richard C. Perry ----------------------- Richard C. Perry President /s/ Richard C. Perry --------------------------- Richard C. Perry -----END PRIVACY-ENHANCED MESSAGE-----