-----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, PRgfwBt5aa2a/dmpNq7BNkEPUp3lAM7I4ZM7kbTCu/2gju/kZL8DS1pmyNFvIL7S xer3IogJY3Su9L801Zeskg== 0000009749-97-000064.txt : 19970222 0000009749-97-000064.hdr.sgml : 19970222 ACCESSION NUMBER: 0000009749-97-000064 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: AMEX SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTINGHOUSE ELECTRIC CORP CENTRAL INDEX KEY: 0000106413 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 250877540 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33345 FILM NUMBER: 97533229 BUSINESS ADDRESS: STREET 1: WESTINGHOUSE BLDG STREET 2: 11 STANWIX STREET CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4122442000 FORMER COMPANY: FORMER CONFORMED NAME: WESTINGHOUSE ELECTRIC & MANUFACTURING CO DATE OF NAME CHANGE: 19710510 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANKERS TRUST NEW YORK CORP CENTRAL INDEX KEY: 0000009749 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 136180473 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 280 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122502500 MAIL ADDRESS: STREET 1: 280 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: BT NEW YORK CORP DATE OF NAME CHANGE: 19671107 SC 13G/A 1 WESTINGHOUSE ELECTRIC COMPANY INC. 13-G FILING BANKERS TRUST NEW YORK CORPORATION One Bankers Trust Plaza New York, New York 10006 Linda L. Assali Mailing Address: Vice President BT Services Tennessee, Inc. Telephone: 615-835-2901 648 Grassmere Park Nashville, TN 37211 February 14, 1997 Securities and Exchange Commission SEC Document Control 450 Fifth Street, N.W. Washington, DC 20549 Attn: Filing Desk Dear Sirs: Re: Filing of Schedule 13G on Westinghouse Electric Corporation Pursuant to Rule 13d-1 of the General Rules and Regulations under the Securities Exchange Act of 1934, the following is one copy of the Schedule 13G with respect to the common stock of the above referenced corporation. Please acknowledge your receipt of the Schedule 13G filing submission through the EDGAR-Link System software, by E-Mail confirmation. Sincerely, Linda Assali Enclosures SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4 )* Westinghouse Electric Corporation _______________________________________ NAME OF ISSUER: Common Stock (Par Value $1.00) _______________________________________ TITLE OF CLASS OF SECURITIES 960402105 _______________________________________ CUSIP NUMBER Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing 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.) *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 ("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). (Continued on following page(s)) Page 1 of 9 Pages CUSIP No. 960402105 Page 2 of 9 Pages 1.NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bankers Trust New York Corporation and its wholly-owned subsidiaries, Bankers Trust Company, as Trustee for various trusts, and employee benefit plans, and investment advisor, and BT Securities, Inc., and its indirect wholly- owned subsidiaries, Bankers Trust AG , Bankers Trust International PLC, and BT Australia Limited. 13-6180473 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] (B) [ ] 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Bankers Trust New York Corporation, Bankers Trust Company, and BT Securities, Inc. are New York Corporations. Bankers Trust International PLC is a London Corp. BT Australia Limited is an Australian company. Bankers Trust AG is Swiss company. NUMBER OF 5. SOLE VOTING POWER SHARES Bankers Trust Company 19,890,271 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 2,338,600 shares BT Australia Limited 2,631,058 shares 24,894,929 shares BENEFICIALLY 6. SHARED VOTING POWER OWNED BY Bankers Trust Company 0 shares BT Securities 0 shares Bankers Trust AG 0 shares Bankers Trust International PLC 0 shares BT Australia Limited 0 shares 0 shares CUSIP No. 960402105 Page 3 of 9 Pages EACH 7. SOLE DISPOSITIVE POWER REPORTING Bankers Trust Company 6,327,628 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 3,571,300 shares BT Australia Limited 2,631,058 shares 12,564,986 shares PERSON 8. SHARED DISPOSITIVE POWER WITH Bankers Trust Company 13,500 shares BT Securities 0 shares Bankers Trust AG 46,600 shares Bankers Trust International PLC 0 shares BT Australia Limited 0 shares 60,100 shares 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Bankers Trust Company 19,890,271 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 2,338,600 shares BT Australia Limited 2,631,058 shares 24,894,929 shares 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN SHARES * [ ] 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Bankers Trust Company 4.7% BT Securities 0.0% Bankers Trust AG 0.0% Bankers Trust International PLC 0.6% BT Australia Limited 0.6% 5.9% CUSIP No. 960402105 Page 4 of 9 Pages 12.TYPE OF REPORTING PERSON * Bankers Trust New York Corporation - HC Bankers Trust Company - BK; Bankers Trust International PLC - CO; BT Australia Limited - CO BT Securities - BD Bankers Trust AG - BK Item 1(a) NAME OF ISSUER: Westinghouse Electric Corporation Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: Westinghouse Building Gateway Center Pittsburgh, PA 15222 Item 2(a) NAME OF PERSON FILING: Bankers Trust New York Corporation, and its wholly-owned subsidiaries, Bankers Trust Company, as Trustee for various trusts, and employee benefit plans, and investment advisor; and BT Securities, Inc. and its indirect wholly-owned subsidiaries, Bankers Trust AG, Bankers Trust International PLC, and BT Australia, Limited. Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE: 280 Park Avenue New York, New York 10017 Item 2(c) CITIZENSHIP: Bankers Trust New York Corporation, Bankers Trust Company, as Trustee for various trusts, and employee benefit plans, and investment advisor, and BT Securities, Inc. are corporations incorporated in the State of New York with their principal business offices located in New York; CUSIP No. 960402105 Page 5 of 9 Pages Bankers Trust International PLC is incorporated in England with its principal business office located in London; BT Australia Limited is incorporated in Australia with its principal business office located in Sydney. Bankers Trust AG is incorporated in Switzerland with its principal office located in Zurich. Item 2(d) TITLE OF CLASS OF SECURITIES: Common Stock (Par Value $1.00) of Westinghouse Electric Corporation, a Pennsylvania corporation. Item 2(e) CUSIP NUMBER: 960402105 Item 3 THE PERSON FILING IS A: For Bankers Trust New York Corporation, (g) [X] Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) For Bankers Trust Company, Bankers Trust International PLC, and Bankers Trust AG (b) [X] Bank as defined in section 3(a)(6) of the Act. For BT Securities, Inc. (a) [X] Broker or dealer registered under Section 15 15 of the Act. BT Australia Limited is a corporation permitted to report on Schedule 13G in accordance with Securities and Exchange Commission no-action letter to Bankers Trust New York Corporation dated May 15, 1990 (available May 15, 1990). CUSIP No. 960402105 Page 6 of 9 Pages Item 4 OWNERSHIP: (a) Amount Beneficially Owned: As of December 31, 1996, (i) Bankers Trust Company 19,890,271 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 2,338,600 shares BT Australia Limited 2,631,058 shares 24,894,929 shares (b) Percent of Class: The common stock described in Item 4(a) above as to which the Bankers Trust New York Corporation, Bankers Trust Company, BT Securities, Bankers Trust AG, Bankers Trust International PLC, and BT Australia Limited acknowledges beneficial ownership constitutes the following: Bankers Trust Company 4.7% BT Securities 0.0% Bankers Trust AG 0.0% Bankers Trust International PLC 0.6% BT Australia Limited 0.6% 5.9% (c) Number of shares as to which the Bank has: (i) sole power to vote or to direct the vote - Bankers Trust Company 19,890,271 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 2,338,600 shares BT Australia Limited 2,631,058 shares 24,894,929 shares CUSIP No. 960402105 Page 7 of 9 Pages (ii) shared power to vote or to direct the vote - Bankers Trust Company 0 shares BT Securities 0 shares Bankers Trust AG 0 shares Bankers Trust International PLC 0 shares BT Australia Limited 0 shares 0 shares (iii)sole power to dispose or to direct the disposition of - Bankers Trust Company 6,327,628 shares BT Securities 35,000 shares Bankers Trust AG 0 shares Bankers Trust International PLC 3,571,300 shares BT Australia Limited 2,631,058 shares 12,564,986 shares (iv) shared power to dispose or to direct the disposition of - Bankers Trust Company 13,500 shares BT Securities 0 shares Bankers Trust AG 46,600 shares Bankers Trust International PLC 0 shares BT Australia Limited 0 shares 60,100 shares Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: [ ] 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: See Item 3 above. CUSIP No. 960402105 Page 8 of 9 Pages Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. Item 9 NOTICE OF DISSOLUTION OF GROUP: Not applicable. Item 10 CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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. Date: as of December 31, 1996 Signature: Bankers Trust New York Corporation By: /s/James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary CUSIP No. 960402105 Page 9 of 9 Pages Signature: Bankers Trust Company, as Trustee for various trusts, and employee benefit plans, and investment advisor. By: /s/James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary Signature: BT Securities, Inc. By: /s/James T. Byrne, Jr. Name: James T. Byrne, Jr. Title: Secretary Signature: Bankers Trust International By: /s/Claire Backhouse Name: Claire Backhouse Title: Secretary Signature: BT Australia Limited By: /s/Jarod Glenn Benson Name: Jarod Glenn Benson Title: Secretary Signature: Bankers Trust AG By: /s/ Walter Schnell Name: Walter Schnell Title: Deputy General Manager EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust Company and BT Securities, Inc. is shown below: Bankers Trust New York Corporation | 100% | ___________________________________________ | | Bankers Trust Company BT Securities, Inc. EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust AG is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company | 100% | Bankers International Corporation | 100% | BT International (Delaware) Inc. | 100% | BT Foreign Investment Corporation | 100% | Bankers Trust AG EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust International PLC is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company | 100% | Bankers International Corporation | 100% | BT Holdings (Europe) Limited | 100% | Bankers Trust Holdings (UK) Limited | 100% | Bankers Trust Investments PLC | 100% | Bankers Trust International PLC EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to BT Australia Limited is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company | 100% | Bankers International Corporation | 100% | B.T. International (Delaware), Inc. | 100% | BT Foreign Investment Corporation | 100% | BT Investments (Australia) Limited | 100% | Bankers Trust Australia Limited | 100% | BT Australia Limited -----END PRIVACY-ENHANCED MESSAGE-----