-----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, RMxEMla0ETh8BWo6Rd9fJRdKt7iCFPeaZo/NueoJlKk5eYLmGnKCLxROcNypN/l5 y/wBq5qy1Djn49W3Jw46bQ== 0000009749-96-000077.txt : 19960216 0000009749-96-000077.hdr.sgml : 19960216 ACCESSION NUMBER: 0000009749-96-000077 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960214 SROS: AMEX SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TELEDYNE INC CENTRAL INDEX KEY: 0000096935 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 952282626 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-08319 FILM NUMBER: 96519847 BUSINESS ADDRESS: STREET 1: 2049 CENTURY PARK EAST CITY: LOS ANGELES STATE: CA ZIP: 90067-3101 BUSINESS PHONE: (310)277-3311 MAIL ADDRESS: STREET 1: 2049 CENTURY PARK EAST CITY: LOS ANGELES STATE: CA ZIP: 90067-3101 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 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 1 BANKERS TRUST COMPANY One Bankers Trust Plaza New York, New York 10006 Damian P. Reitemeyer Mailing Address: Vice President P.O. Box 318 Telephone: 212-250-4599 Church Street Station New York, NY 10008 February 14, 1996 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 Teledyne Inc. 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, Damian P. Reitemeyer Enclosure SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Teledyne, Inc. __________________________________ NAME OF ISSUER: Common Stock, $1.00 par value _____________________________________ _ TITLE OF CLASS OF SECURITIES 87933510 _____________________________________ __ CUSIP NUMBER Check the following box if a fee is being paid with this statement [x]. (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 persons 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)) CUSIP No. 87933510 Page 1 of 7 Pages 1.NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bankers Trust New York Corporation, its wholly owned subsidiaries, Bankers Trust Company (as Trustee for various trusts and employee benefit plans, and investment advisor), and BT Variable Inc. 13-6180473. 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ] (B) [X] 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Bankers Trust New York Corporation, Bankers Trust Company, and BT Variable are New York corporations. NUMBER OF 5. SOLE VOTING POWER SHARES Bankers Trust Company 678,310 shares BT Variable, Inc. 0 shares TOTAL SHARES 678,310 shares BENEFICIALLY 6. SHARED VOTING POWER OWNED BY Bankers Trust Company 0 shares BT Variable, Inc. 32,000 shares TOTAL SHARES 32,000 CUSIP No. 87933510 Page 2 of 7 Pages EACH 7. SOLE DISPOSITIVE POWER REPORTING Bankers Trust Company 1,153,650 shares BT Variable Inc. 32,000 shares TOTAL SHARES 1,185,650 PERSON 8. SHARED DISPOSITIVE POWER WITH Bankers Trust Company 0 shares BT Variable Inc. 0 shares TOTAL SHARES 0 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Bankers Trust Company 1,153,650 shares BT Variable Inc. 32,000 shares TOTAL SHARES 1,185,650 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN SHARES [X] 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Bankers Trust New York Corporation 0% Bankers Trust Company 2.1% BT Variable Inc .1% TOTAL 2.2% 12.TYPE OF REPORTING PERSON * Bankers Trust New York Corporation - HC Bankers Trust Company - BK BT Variable Inc. - IC CUSIP No. 87933510 Page 3 of 7 Pages DISCLAIMER OF BENEFICIAL OWNERSHIP THE FILING OF THIS SCHEDULE G STATEMENT SHALL NOT BE CONSTRUED AS AN ADMISSION THAT BANKERS TRUST NEW YORK CORPORATION OR BANKERS TRUST COMPANY, AS TRUSTEE (THE BANK) ARE, FOR THE PURPOSE OF SECTION 13 (g) OF THE SECURITIES AND EXCHANGE ACT OF 1934, OR FOR ANY OTHER PURPOSE, THE BENEFICIAL OWNER OF THE SECURITIES SET FORTH IN ITEM 4 (a) (ii) HEREOF. Item 1(a) NAME OF ISSUER: Teledyne Inc. Item 1(b) ADDRESS OF ISSUERS PRINCIPAL EXECUTIVE OFFICES: 2049 Century Park East Los Angeles, CA 90067-3101 Item 2(a) NAME OF PERSON FILING: Bankers Trust New York Corporation, and its whollyowned subsidiaries, Bankers Trust Company(as Trustee for various trusts and employee benefit plans, and investment advisor), and BT Variable Inc. 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 Variable Inc. are incorporated in the State of New York with its principal business office located in New York. CUSIP No. 87933510 Page 4 of 7 Pages Item 2(d) TITLE OF CLASS OF SECURITIES: Common stock ($1.00 par value) of Teledyne, Inc. Item 2(e) CUSIP NUMBER: 87933510 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 (b) [X] Bank as defined in section 3(a)(6) of the Act. For BT Variable, Inc. (c) [X] Insurance Company as defined in Section 3(a) (19) of the Act. Item 4 OWNERSHIP: (a) Amount Beneficially Owned: As of December 31, 1995: (i) Bankers Trust Company 1,153,650 shares BT Variable, Inc. 32,000 shares TOTAL SHARES 1,185,650 (ii) Bankers Trust Company was also the record owner of 1,690,188 shares as Trustee of the Teledyne Savings Advantage Plan(the Plan) with respect to which the bank disclaims beneficial ownership. The Plan states that each Plan participant shall have the right to direct the manner in which shares of common stock shall be voted at all stockholders meetings. The Department of Labor has expressed the view that, under certain circumstances, ERISA may require the Trustee to vote shares which are not allocated to participants accounts and unvoted shares. Since, in the view of the Bank and Bankers Trust New York CUSIP No. 87933510 Page 5 of 7 Pages Corporation, such voting power is merely a residual power based upon the occurrence of an unlikely contingency and is not a sole or shared power to vote the securities, the Bankers Trust New York Corporation hereby disclaim beneficial ownership of such securities. (b) PERCENT OF CLASS: Bankers Trust Company 2.1% BT Variable Inc. .1% TOTAL 2.2% The common stock as to which Bankers Trust Corporation disclaims beneficial ownership constitutes 3.0% of the Issuers outstanding Common Stock. (c) Number of shares as to which the Bank has: (i) sole power to vote or to direct the vote - Bankers Trust Company 678,310 shares BT Variable, Inc 0 shares TOTAL SHARES 678,310 (ii) shared power to vote or to direct the vote - Bankers Trust Company 0 shares BT Variable, Inc. 32,000 shares TOTAL SHARES 32,000 (iii) sole power to dispose or to direct the disposition of - Bankers Trust Company 1,153,650 shares BT Variable, Inc. 32,000 shares TOTAL SHARES 1,185,650 CUSIP No. 87933510 Page 6 of 7 Pages (iv) shared power to dispose or to direct the disposition of - Bankers Trust Company 0 shares BT Variable, Inc 0 shares TOTAL SHARES 0 Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: [] Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: The Issuers Plan, and various trusts, and employee benefit plan for which the Bank serves as Trustee, and accounts for which the Bank serves as investment advisor, have the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. Item 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: See Item 3 above. Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable. Item 9 NOTICE OF DISSOLUTION OF GROUP: Not Applicable CUSIP No. 87933510 Page 7 of 7 Pages 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, 1995 Bankers Trust New York Corp. /s/James T. Byrne, Jr. James T. Byrne, Jr. Secretary Bankers Trust Company, as investment advisor. /s/James T. Byrne, Jr. James T. Byrne, Jr. Secretary BT Variable, Inc. /s/ Myles Tashman Myles Tashman EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to BT Variable, Inc. is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company | 100% | Whitewood Properties Corp | 100% | BT Variable, Inc. EXHIBIT TO ITEM 7 The chain of ownership from Bankers Trust New York Corporation to Bankers Trust Company is shown below: Bankers Trust New York Corporation | 100% | Bankers Trust Company -----END PRIVACY-ENHANCED MESSAGE-----