-----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, LZPCu5Jt7q2Y2AtAK/pZcLhJiU0TxFnBKMbp+wYxt3WMU6DVmZJnDuMx5AKqPfjU B/P/I5ZX5elGgfffMZaBNQ== 0000899140-97-000257.txt : 19970310 0000899140-97-000257.hdr.sgml : 19970310 ACCESSION NUMBER: 0000899140-97-000257 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970307 SROS: NASD GROUP MEMBERS: E.M. WARBURG, PINCUS & CO., LLC GROUP MEMBERS: GOLDEN PRESS HOLDING, L.L.C. GROUP MEMBERS: WARBURG PINCUS VENTURES LP GROUP MEMBERS: WARBURG, PINCUS & CO. GROUP MEMBERS: WARBURG, PINCUS VENTURES, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN BOOKS FAMILY ENTERTAINMENT INC CENTRAL INDEX KEY: 0000790706 STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731] IRS NUMBER: 061104930 STATE OF INCORPORATION: DE FISCAL YEAR END: 0508 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38224 FILM NUMBER: 97552935 BUSINESS ADDRESS: STREET 1: 850 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127538500 MAIL ADDRESS: STREET 1: 850 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN PUBLISHING GROUP INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WARBURG PINCUS VENTURES LP CENTRAL INDEX KEY: 0000942263 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133784037 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: E M WARBURG PINCUS & CO INC STREET 2: 466 LEXINGTON AVE 10TH FL CITY: NEW YORK STATE: NY ZIP: 10017-3147 BUSINESS PHONE: 2128780600 MAIL ADDRESS: STREET 1: E M WARBURG PINCUS & CO INC STREET 2: 466 LEXINGTON AVE 10TH FL CITY: NEW YORK STATE: NY ZIP: 10017-3147 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A (Amendment No. 2) Under the Securities Exchange Act of 1934 Golden Books Family Entertainment, Inc. (Name of Issuer) Common Stock, par value (Title of Class of Securities) 380804104 (CUSIP Number) Reuben S. Leibowitz E.M. Warburg Pincus & Co., Inc. 466 Lexington Avenue New York, New York 10017 (212) 878-0600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) - with a copy to - Laurence D. Weltman, Esq. Willkie Farr & Gallagher 153 East 53rd Street New York, New York 10022 March 1, 1997 (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 o. - -------------------------------------------------------------------------------- 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.) SCHEDULE 13D - ------------------- ------------------------------- CUSIP No. 380804104 Page 2 of 7 Pages ---------- -------- ----- - ------------------- ------------------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus Ventures, L.P. I.D. # 13-3784037 - ----------- ------------------------------------------------------------------- 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 PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 0 --------- ----------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 11,276,771 BENEFICIALLY --------- ----------------------------------------------- OWNED BY 9 SOLE DISPOSITIVE POWER EACH 0 REPORTING --------- ----------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 6,500,000 - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 11,276,771 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.7% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------ ------------------------------- CUSIP No 380804104 Page 3 of 7 Pages --------- -------- ------ - ------------------ ------------------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus & Co. I.D. # 13-6358475 - ----------- ------------------------------------------------------------------- 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 PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 0 --------- ----------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 11,276,771 BENEFICIALLY --------- ----------------------------------------------- OWNED BY 9 SOLE DISPOSITIVE POWER EACH REPORTING --------- ----------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 6,500,000 - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 11,276,771 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.7% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------ ------------------------------- CUSIP No 380804104 Page 4 of 7 Pages --------- -------- ----- - ------------------ ------------------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Golden Press Holding, L.L.C. - ----------- ------------------------------------------------------------------- 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 PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 0 --------- ----------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 11,276,771 BENEFICIALLY --------- ----------------------------------------------- OWNED BY 9 SOLE DISPOSITIVE POWER EACH REPORTING --------- ----------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 6,500,000 - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 11,276,771 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.7% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------------------ CUSIP No. 380804104 Page 5 of 7 Pages --------- -------- ------- - ------------------- ------------------------------ - ----------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON E.M. Warburg, Pincus & Co., LLC I.D. # 13-3536050 - ----------- ------------------------------------------------------------------- 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 PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------------------- --------- ----------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF --------- ----------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 11,276,771 OWNED BY --------- ----------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON --------- ----------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,500,000 - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 11,276,771 - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.7% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. This Amendment No. 2 amends the Schedule 13D filed by the Reporting Entities on February 13, 1996, as amended by Amendment No. 1 filed by the Reporting Entities on May 16, 1996 (together, the "Schedule 13D"), relating to the Common Stock, par value $0.01 per share (the "Common Stock"), of Golden Books Family Entertainment, Inc., a Delaware corporation, and is being filed pursuant to Rule 13d-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Unless otherwise indicated, all capitalized terms used but not defined herein shall have the same meaning as set forth in the Schedule 13D. Introductory Note. The Reporting Entities are hereby reporting a change in their beneficial ownership percentage of the Common Stock caused by the receipt by GP Holding of dividends of Common Stock received or to be received by GP Holding on February 1, 1997 and May 1, 1997. As a result of such transactions, the percentage of Common Stock that may be deemed to be beneficially owned by the Reporting Entities decreased from 37.3% to 34.7%. Item 5. Interest in Securities of the Issuer Item 5 of the Schedule 13D is hereby amended by deleting subparagraphs (a) and (b) therein and replacing them with the following: (a) and (b). GP Holding may be deemed to beneficially own the 3,996,771 shares of Common Stock to which the Irrevocable Proxies relate. This number is expected to decrease, as such shares are entitled to be transferred to third parties pursuant to the terms of the Irrevocable Proxies. Each of the Reporting Entities may be deemed to share the power to vote or direct the voting of such shares and therefore to beneficially own such shares. To the knowledge of the Reporting Entities, the power to direct the disposition of such shares is held by Richard Bernstein and certain of his affiliates. GP Holding may also be deemed to beneficially own the 6,500,000 shares of Common Stock issuable upon conversion of the Preferred Shares. Each of the Reporting Entities may be deemed to share the power to vote and dispose of such shares and therefore to beneficially own such shares. Based on the 25,339,743 shares of Common Stock outstanding on September 13, 1996 (as reported by the Company in its Quarterly Report on Form 10-Q dated September 16, 1996 and treating as outstanding the shares of Common Stock issuable upon conversion of the Preferred Shares), the Reporting Entities beneficially own approximately 34.7% of the voting power relating to the Common Stock. In addition, GP Holding is entitled to receive 780,000 shares of Common Stock annually as a dividend on the Preferred Shares through May 8, 2000, subject to adjustment, as described in Item 6. Pursuant thereto, GP Holding received such a dividend on February 1, 1997. 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: March 7, 1997 GOLDEN PRESS HOLDING, L.L.C. By: Warburg, Pincus Ventures, L.P., Member By: Warburg, Pincus & Co., General Partner By: /s/ Stephen M. Distler Name: Stephen M. Distler Title: Partner WARBURG, PINCUS VENTURES, L.P. By: Warburg, Pincus & Co., General Partner By: /s/ Stephen M. Distler Name: Stephen M. Distler Title: Partner WARBURG, PINCUS & CO. By: /s/ Stephen M. Distler Name: Stephen M. Distler Title: Partner E.M. WARBURG, PINCUS & CO., LLC By: /s/ Stephen M. Distler Name: Stephen M. Distler Title: Managing Director SCHEDULE I Set forth below is the name, position and present principal occupation of each of the general partners of Warburg, Pincus & Co. ("WP") and each of the members of E.M. Warburg, Pincus & Co., LLC ("EMW"). The sole general partner of Warburg, Pincus Ventures, L.P. ("Ventures") is WP. WP, EMW and Ventures are hereinafter collectively referred to as the "Reporting Entities." Except as otherwise indicated, the business address of each of such persons is 466 Lexington Avenue, New York, New York 10017, and each of such persons is a citizen of the United States. General Partners of WP Present Principal Occupation in Addition to Position with WP, and Positions with the Name Reporting Entities Susan Black Managing Director and Member, EMW Christopher W. Brody Managing Director and Member, EMW Harold Brown Senior Managing Director and Member, EMW Errol M. Cook Managing Director and Member, EMW W. Bowman Cutter Managing Director and Member, EMW Elizabeth B. Dater Managing Director and Member, EMW Stephen Distler Managing Director, Member and Treasurer, EMW Louis G. Elson Managing Director and Member, EMW Harold W. Ehrlich Managing Director and Member, EMW John L. Furth Vice Chairman of the Board and Member, EMW Stewart K.P. Gross Managing Director and Member, EMW Patrick T. Hackett Managing Director and Member, EMW Jeffrey A. Harris Managing Director and Member, EMW Robert S. Hillas Managing Director and Member, EMW A. Michael Hoffman Managing Director and Member, EMW William H. Janeway Managing Director and Member, EMW Douglas M. Karp Managing Director and Member, EMW Charles R. Kaye Managing Director and Member, EMW Henry Kressel Managing Director and Member, EMW Joseph P. Landy Managing Director and Member, EMW Sidney Lapidus Managing Director and Member, EMW Kewsong Lee Managing Director and Member, EMW Reuben S. Leibowitz Managing Director and Member, EMW Brady T. Lipp Managing Director and Member, EMW Stephen J. Lurito Managing Director and Member, EMW Spencer S. Marsh III Managing Director and Member, EMW Lynn C. Martin Managing Director and Member, EMW Edward J. McKinley Managing Director and Member, EMW Rodman W. Moorhead III Senior Managing Director and Member, EMW Howard H. Newman Managing Director and Member, EMW Gary D. Nusbaum Managing Director and Member, EMW Anthony G. Orphanos Managing Director and Member, EMW Dalip Pathak Managing Director and Member, EMW Daphine D. Philpson Managing Director and Member, EMW Lionel I. Pincus Chairman of the Board, CEO, and Managing Member, EMW; and Managing Partner, Pincus & Co. Eugene L. Podsiadlo Managing Director and Member, EMW Ernest H. Pomerantz Managing Director and Member, EMW Brian S. Posner Managing Director and Member, EMW Arnold M. Reichman Managing Director and Member, EMW Roger Reinlieb Managing Director and Member, EMW John D. Santoleri Managing Director and Member, EMW Sheila N. Scott Managing Director and Member, EMW Peter Stalker III Managing Director and Member, EMW David A. Tanner Managing Director and Member, EMW James E. Thomas Managing Director and Member, EMW John L. Vogelstein Vice Chairman of the Board and Member, EMW Elizabeth H. Weatherman Managing Director and Member, EMW Joanne R. Wenig Managing Director and Member, EMW George U. Wyper Managing Director and Member, EMW Pincus & Co.* NL & Co.** * New York limited partnership; its primary activity is ownership in WP and EMW. ** New York limited partnership; its primary activity is ownership in WP. Members of EMW Present Principal Occupation in Addition to Position with EMW, and Positions with the Reporting Entities Name Susan Black Partner, WP Christopher W. Brody Partner, WP Harold Brown Partner, WP Dale C. Christensen(1) Errol M. Cook Partner, WP W. Bowman Cutter Partner, WP Elizabeth B. Dater Partner, WP Stephen Distler Partner, WP P. Nicholas Edwards(2) Partner, WP Harold W. Ehrlich Partner, WP Louis G. Elson Partner, WP John L. Furth Partner, WP Stewart K.P. Gross Partner, WP Patrick T. Hackett Partner, WP Jeffrey A. Harris Partner, WP Robert S. Hillas Partner, WP A. Michael Hoffman Partner, WP William H. Janeway Partner, WP Douglas M. Karp Partner, WP Charles R. Kaye Partner, WP Richard H. King(2) Henry Kressel Partner, WP Joseph P. Landy Partner, WP Sidney Lapidus Partner, WP Kewsong Lee Partner, WP Reuben S. Leibowitz Partner, WP Brady T. Lipp Partner, WP Stephen J. Lurito Partner, WP Spencer S. Marsh III Partner, WP Lynn C. Martin Partner, WP Edward J. McKinley Partner, WP Rodman W. Moorhead III Partner, WP Howard H. Newman Partner, WP Gary D. Nusbaum Partner, WP Anthony G. Orphanos Partner, WP Dalip Pathak Partner, WP Philip C. Percival(2) Daphine D. Philipson Partner, WP Lionel I. Pincus Managing Partner, WP; Chairman of the Board and CEO, EMW; Managing Partner, Pincus & Co. Eugene L. Podsiadlo Partner, WP Ernest H. Pomerantz Partner, WP Brian S. Posner Partner, WP Arnold M. Reichman Partner, WP Roger Reinlieb Partner, WP John D. Santoleri Partner, WP Sheila N. Scott Partner, WP Dominic H. Shorthouse(2) Peter Stalker III Partner, WP Chang Q. Sun(3) David A. Tanner Partner, WP James E. Thomas Partner, WP John L. Vogelstein Partner, WP Elizabeth H. Weathermen Partner, WP Joanne R. Wenig Partner, WP George U. Wyper Partner, WP Pincus & Co.* (1) Citizen of Canada (2) Citizen of United Kingdom (3) Citizen of People's Republic of China * New York limited partnership; its primary activity is ownership in WP. -----END PRIVACY-ENHANCED MESSAGE-----