SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 2)/1/
Stericycle, Inc.
---------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
-----------------------------------------------
(Title of Class of Securities)
858912108
--------------------------------------------
(CUSIP Number)
Thomas R. Reusche John P. Connaughton
Madison Dearborn Partners, Inc. Bain Capital, LLC
Three First National Plaza 111 Huntington Avenue
Chicago, Illinois 60602 Boston, Massachusetts 02199
312/895-1000 617/516-2000
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
November 13, 2001
(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(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
/1/ 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 disclosures provided in a prior cover page.
The information required on 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 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).
Page 1 of 48 Pages
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 2 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Bain Capital Fund VI, L.P.
04-3405560
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 942,946 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 942,946 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
942,946 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
4.9%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 3 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Bain Capital Partners VI, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 942,946 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
942,946 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
942,946 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
4.9%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 4 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP Associates II
04-3404818
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 166,887 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 166,887 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
166,887 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.9%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 5 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP Associates II-B
04-3404819
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 22,878 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 22,878 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
22,878 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.1%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 6 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP Associates II-C
04-3424217
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 48,987 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 48,987 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
48,987 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 7 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP Trust Associates II
04-3400371
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 47,754 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 47,754 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
47,754 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.3%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 8 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP Trust Associates II-B
04-3400372
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 7,621 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 7,621 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
7,621 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.04%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ---------------------------
CUSIP No. 858912108 13D Page 9 of 48 Pages
----------- --- ----
--------------------------------- ---------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
PEP Investments Pty Limited
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
New South Wales, Australia
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 3,143 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 3,143 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,143 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.02%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- -----------------------------
CUSIP No. 858912108 13D Page 10 of 48 Pages
--------- -- --
----------------------------- -----------------------------
===============================================================================
NAME OF REPORTING PERSON
1
Bain Capital Investors, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(D) or 2(E) [_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 1,240,218 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 1,240,218 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,240,218 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.3%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- -----------------------------
CUSIP No. 858912108 13D Page 11 of 48 Pages
--------- -- --
----------------------------- -----------------------------
===============================================================================
NAME OF REPORTING PERSON
1
Sankaty High Yield Asset Partners, L.P.
04-3395139
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(D) or 2(E) [_]
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
34,325 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
34,325 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- -----------------------------
CUSIP No. 858912108 13D Page 12 of 48 Pages
--------- -- --
----------------------------- -----------------------------
===============================================================================
NAME OF REPORTING PERSON
1
Sankaty High Yield Asset Investors, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 34,325 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 34,325 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 13 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Sankaty Investors, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 34,325 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
34,325 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 14 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Sankaty High Yield Partners II, L.P.
04-3490549
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 34,325 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 34,325 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 15 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Sankaty High Yield Asset Investors II, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 34,325 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
34,325 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 16 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Sankaty Investors II, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 34,325 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
34,325 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
34,325 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 17 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Brookside Capital Partners Fund, L.P.
04-3313066
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 68,651 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 68,651 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
68,651 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.4%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 18 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Brookside Capital Investors, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 68,651 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
68,651 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
68,651 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.4%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 19 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Brookside Capital Management, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 68,651 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
68,651 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
68,651 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.4%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 20 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Capital Partners III, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 1,360,140 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,360,140 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,360,140 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
6.9%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------------- ------------------------
CUSIP No. 858912108 13D Page 21 of 48 Pages
--------- -- --
---------------------------- ------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Special Equity III, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 30,201 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 30,201 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
30,201 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.2%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- -----------------------------
CUSIP No. 858912108 13D Page 22 of 48 Pages
--------- -- --
----------------------------- -----------------------------
-------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Special Advisors Fund I, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
5,584 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
5,584 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
5,584 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.03%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- ----------------------------
CUSIP No. 858912108 13D Page 23 of 48 Pages
--------- -- --
----------------------------- ----------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Partners III, L.P.
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 1,395,925 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 1,395,925 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,395,925 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.0%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
----------------------------- ----------------------------
CUSIP No. 858912108 13D Page 24 of 48 Pages
--------- -- --
----------------------------- ----------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Partners, LLC
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 1,395,925 (See Item 5)
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 1,395,925 (See Item 5)
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,395,925 (See Item 5)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.0%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
The Statement on Schedule 13D (the "Statement") originally filed with
the Securities and Exchange Commission on November 11, 1999, and as amended by
Amendment No. 1 to Schedule 13D filed with the Commission on September 10, 2001,
by the persons named therein is hereby amended and supplemented by this
Amendment No. 2 to Schedule 13D (the "Amendment"). Capitalized terms used herein
and not otherwise defined have the meanings assigned to such terms in the
Statement.
Item 2. Identity and Background.
Item 2 of the Statement hereby is amended by deleting the existing Item
2 in its entirety and replacing it as follows:
This Statement is being jointly filed by each of the following persons
pursuant to Rule 13d-1(f) promulgated by the Securities and Exchange Commission
(the "Commission") pursuant to Section 13 of the Securities Exchange Act of 1934
as amended (the "Exchange Act"):
(i) Bain Capital Fund VI, L.P. ("BCF VI"), a Delaware limited partnership,
by virtue of its direct beneficial ownership of 15,437.45 shares of
Preferred Stock;
(ii) Bain Capital Partners VI, L.P. ("BCP VI"), a Delaware limited
partnership, as the sole general partner of BCF VI;
(iii) BCIP Associates II ("BCIP II"), a Delaware general partnership, by
virtue of its direct beneficial ownership of 2,732.19 shares of
Preferred Stock;
(iv) BCIP Associates II-B ("BCIP II-B"), a Delaware general partnership, by
virtue of its direct beneficial ownership of 347.57 shares of Preferred
Stock;
(v) BCIP Associates II-C ("BCIP II-C"), a Delaware general partnership, by
virtue of its direct beneficial ownership of 802.00 shares of Preferred
Stock;
(vi) BCIP Trust Associates II ("BCIPT II"), a Delaware general partnership,
by virtue of its direct beneficial ownership of 781.81 shares of
Preferred Stock;
(vii) BCIP Trust Associates II-B ("BCIPT II-B"), a Delaware general
partnership, by virtue of its direct beneficial ownership of 124.77
shares of Preferred Stock;
(viii) PEP Investments Pty Limited ("PEP"), a New South Wales limited company,
by virtue of its direct beneficial ownership of 51.45 shares of
Preferred Stock;
(ix) Bain Capital Investors, LLC ("BCI"), a Delaware limited liability
company, as the sole general partner of BCP VI (and successor to Bain
Capital Investors VI, Inc.) and the managing partner of BCIP II, BCIP
II-B, BCIP II-C, BCIPT II and BCIPT II-B;
(x) Sankaty High Yield Asset Partners, L.P. ("Sankaty"), a Delaware limited
partnership, by virtue of its direct beneficial ownership of 561.96
shares of Preferred Stock;
(xi) Sankaty High Yield Asset Investors, L.L.C. ("Sankaty LLC"), a Delaware
limited liability company, as the sole general partner of Sankaty;
(xii) Sankaty Investors, LLC ("Sankaty Investors"), a Delaware limited
liability company, as the managing member of Sankaty LLC;
Page 25 of 48 Pages
(xiii) Sankaty High Yield Partners II, L.P. ("Sankaty II"), a Delaware limited
partnership, by virtue of its direct beneficial ownership of 561.96
shares of Preferred Stock;
(xiv) Sankaty High Yield Asset Investors II, LLC ("Sankaty II LLC"), a
Delaware limited liability company, as the sole general partner of
Sankaty II;
(xv) Sankaty Investors II, LLC ("Sankaty Investors II"), a Delaware limited
liability company, as the managing member of Sankaty II LLC;
(xvi) Brookside Capital Partners Fund, L.P. ("Brookside"), a Delaware limited
partnership, by virtue of its direct beneficial ownership of 1,123.92
shares of Preferred Stock;
(xvii) Brookside Capital Investors, L.P. ("Brookside Investors"), a Delaware
limited partnership, as the sole general partner of Brookside;
(xviii) Brookside Capital Management, LLC, a Delaware limited liability company
("BCM"), as the sole general partner of the Brookside Investors;
(xix) Madison Dearborn Capital Partners III, L.P. ("MDCP"), a Delaware
limited partnership, by virtue of its direct beneficial ownership of
22,267.55 shares of Preferred Stock;
(xx) Madison Dearborn Special Equity III, L.P. ("MDSE"), Delaware limited
partnership, by virtue of its direct beneficial ownership of 494.44
shares of Preferred Stock;
(xxi) Special Advisors Fund I, LLC ("SAF"), a Delaware limited liability
company, by virtue of its direct beneficial ownership of 91.42 shares
of Preferred Stock;
(xxii) Madison Dearborn Partners III, L.P. ("MDP III"), a Delaware limited
partnership, as the sole general partner of MDCP, MDSE and SAF; and
(xxiii) Madison Dearborn Partners, LLC ("MDP"), a Delaware limited liability
company, as the sole general partner of MDP III. Dispositive and voting
powers of securities owned by MDP III is shared by MDP Inc. and an
advisory committee of limited partners of MDP III (the "L.P.
Committee").
BCIP II, BCIP II-B, BCIP II-C, BCIPT II and BCIPT II-B are
collectively referred herein as the "BCIP Entities." BCF VI, the BCIP Entities,
PEP, Sankaty, Sankaty II and Brookside are collectively referred herein as the
"Bain Investors." MDCP, MDSC and SAF are collectively referred herein as the
"MDP Investors." The Bain Investors and the MDP Investors are collectively
referred herein as the "Investors." The Bain Investors, BCP VI, BCI, Brookside
Investors, BCM, Sankaty LLC, Sankaty Investors, Sankaty II LLC and Sankaty
Investors II are collectively referred herein as the "Bain Reporting Persons."
The MDP Investors, MDP III and MDP are collectively referred herein as the "MDP
Reporting Persons." The Bain Reporting Persons and MDP Reporting Persons are
collectively referred herein as the "Reporting Persons." The Reporting Persons
have entered into a Joint Filing Agreement, a copy of which is filed with this
Amendment as Exhibit A (which is incorporated herein by reference), pursuant to
---------
which the Reporting Persons have agreed to file this statement jointly in
accordance with the provisions of Rule 13d-1(f)(1) under the Exchange Act.
Information with respect to each of the Reporting Persons is given
solely by such Reporting Person, and no Reporting Person assumes responsibility
for the accuracy or completeness of
Page 26 of 48 Pages
information furnished by another Reporting Person. By their signature on this
Statement, each of the Reporting Persons agrees that this Statement is filed on
behalf of such Reporting Person.
As more fully discussed herein, the Reporting Persons may be deemed to
constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act. The
Reporting Persons expressly disclaim that they have agreed to act as a group
other than as described in this Statement.
Each of the Bain Investors is principally engaged in the business of
investing in securities. BCP VI is principally engaged in the business of
serving as the general partner for BCF VI. BCI is principally engaged in the
business of serving as the general partner for BCP VI and ultimate general
partner of BCF VI and as the managing partner for the BCIP Entities. Brookside
Investors is principally engaged in the business of serving as the general
partner for Brookside. BCM is principally engaged in the business of serving as
the general partner for Brookside Investors and ultimate general partner of
Brookside. Sankaty LLC and Sankaty II LLC are principally engaged in the
business of serving as the general partner for Sankaty and Sankaty II,
respectively. Sankaty Investors and Sankaty Investors II are principally engaged
in the business of serving as the managing member of Sankaty LLC and Sankaty II
LLC, respectively, and ultimate general partners of Sankaty and Sankaty II,
respectively.
Attached as Schedule A to this Statement is information concerning the
Bain Reporting Persons and other persons to which such information is required
to be disclosed in response to Item 2 and General Instruction C to Schedule 13D.
Except as otherwise set forth herein, the business address of the Bain
Reporting Persons is 111 Huntington Avenue, Boston Massachusetts, 02199. The
principal business address of Sankaty Investors and Sankaty Investors II is Reid
House, 31 Church Street, Hamilton Hm 12, Bermuda. The principal business address
of PEP is Level 34, The Chiefley Tower, 2 Chiefley Square, Sydney, New South
Wales, Australia.
Each of the MDP Investors is principally engaged in the business of
investing in securities. MDP III is engaged primarily in the business of serving
as the general partner for the MDP Entities. MDP is engaged primarily in the
business of serving as the general partner for MDP III and ultimate general
partner of the MDP Investors.
Attached as Schedule B to this Statement is information concerning the
----------
MDP Reporting Persons and other persons to which such information is required to
be disclosed in response to Item 2 and General Instruction C to Schedule 13D.
The address of the principal business of the MDP Reporting Persons is
Three First National Plaza, Suite 3800, Chicago, Illinois 60602.
During the past five years, none of the Reporting Persons or their
executive officers or directors has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors).
During the past five years, none of the Reporting Persons or their
executive officers or directors was a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction as a result of which such
person was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activity subject to, federal or state
securities laws or finding any violation with respect to such laws.
Page 27 of 48 Pages
Item 4. Purpose of Transaction.
Item 4 of the Statement is hereby amended by adding the following
paragraphs immediately prior to the last paragraph thereof:
On November 29, 1999, Sankaty transferred to Sankaty II an aggregate
of 928.125 shares of Preferred Stock.
On November 13, 2001, the Investors sold an aggregate of 1,700,000
shares of Common Stock in a firm commitment underwritten offering contemplated
by the registration statement on Form S-3 (Registration No. 333-68622) at a
price per share (after applicable underwriting discounts and commissions) of
$48.796. On November 16, 2001, the Investors sold an additional 87,750 shares of
Common Stock as a result of the partial exercise of the over-allotment option
granted to the underwriters at the same price per share.
The table set forth below sets forth the number of shares sold by the
Investors in the offering.
Shares Owned
After Offering
-------------------------
Shares Sold in
Offering Number Percentage (1)
-------------- --------- --------------
MDP Investors:
Madison Dearborn Capital Partners III, L.P...... 870,960 1,360,140 6.9%
Madison Dearborn Special Equity III, L.P........ 19,339 30,201 *
Special Advisors Fund I, LLC.................... 3,576 5,584 *
-------------- --------- --------------
Total..................................... 893,875 1,395,925 7.0%
Bain Investors:
Bain Capital Fund VI, L.P....................... 611,658 942,946 4.9
BCIP Associates II.............................. 108,141 166,887 *
BCIP Associates II-B............................ 14,823 22,879 *
BCIP Associates II-C............................ 31,777 48,988 *
BCIP Trust Associates II........................ 31,089 47,754 *
BCIP Trust Associates II-B...................... 4,962 7,621 *
PEP Investments Pty. Limited.................... 2,039 3,143 *
Brookside Capital Partners Fund L.P............. 44,694 68,651 *
Sankaty High Yield Asset Partners, L.P.......... 22,347 34,325 *
Sankaty High Yield Partners II, L.P............. 22,347 34,325 *
-------------- --------- --------------
Total..................................... 893,875 1,358,200 6.9%
_______________
* Less than 1%
(1) The percentages in this column were calculated in accordance with Rule
13d-3 of the Exchange Act on the basis of a total of 18,440,098 shares of
Common Stock outstanding as of November 13, 2001, as reported in the
Issuer's Quarterly Report on Form 10-Q for the quarterly period ended
September 31, 2001 (the "Form 10-Q").
Page 28 of 48 Pages
Item 5. Interest in Securities of the Issuer.
As of November 15, 2001, each share of Preferred Stock (including
accrued and unpaid dividends thereon) was convertible into 61.08 shares of
Common Stock. All assumed conversion numbers included in this Amendment are as
of November 15, 2001.
By virtue of its beneficial ownership of 15,437.45 shares of Preferred
Stock, BCF VI beneficially owns 922,946 shares of Common Stock. Such 15,437.45
shares of Preferred Stock (assuming conversion of all such 15,437.45 shares of
Preferred Stock into Common Stock) represent approximately 4.9% of the total
number of outstanding shares of Common Stock issued and outstanding as of
November 13, 2001, as reported in the Form 10-Q. BCF VI has sole voting and sole
dispositive power with respect to such shares.
BCP VI, as the sole general partner of BCF VI, may be deemed to share
voting and dispositive power with respect to 942,946 shares of Common Stock
currently held by BCF VI (assuming conversion of all of the shares of Preferred
Stock held by BCF VI into Common Stock), which represents approximately 4.9% of
the total number of outstanding shares of Common Stock as reported in the Form
10-Q. The filing of this Statement by BCP VI shall not be construed as an
admission that BCP VI is, for the purpose of Section 13(d) of the Exchange Act,
the beneficial owner of such shares held by BCF VI.
By virtue of its beneficial ownership of 2,732.19 shares of Preferred
Stock, BCIP II beneficially owns 166,887 shares of Common Stock. Such 2,732.19
shares of Preferred Stock (assuming conversion of all such 2,732.19 shares of
Preferred Stock held by BCIP II into Common Stock) represent approximately 0.9%
of the total number of outstanding shares of Common Stock as reported in the
Form 10-Q. BCIP II has sole voting and sole dispositive power with respect to
such shares.
By virtue of its beneficial ownership of 374.57 shares of Preferred
Stock, BCIP II-B beneficially owns 22,879 shares of Common Stock. Such 374.57
shares of Preferred Stock (assuming conversion of all such 374.57 shares of
Preferred Stock held by BCIP II-B into Common Stock) represent approximately
0.1% of the total number of outstanding shares of Common Stock as reported in
the Form 10-Q. BCIP II-B has sole voting and sole dispositive power with respect
to such shares.
By virtue of its beneficial ownership of 802.00 shares of Preferred
Stock, BCIP II-C beneficially owns 48,988 shares of Common Stock. Such 802.00
shares of Preferred Stock (assuming conversion of all such 802.00 shares of
Preferred Stock held by BCIP II-C into Common Stock) represent approximately
0.2% of the total number of outstanding shares of Common Stock as reported in
the Form 10-Q. BCIP II-C has sole voting and sole dispositive power with respect
to such shares.
By virtue of its beneficial ownership of 781.81 shares of Preferred
Stock, BCIPT II beneficially owns 47,754 shares of Common Stock. Such 781.81
shares of Preferred Stock (assuming conversion of all such 781.81 shares of
Preferred Stock held by BCIPT II into Common Stock) represent approximately 0.3%
of the total number of outstanding shares of Common Stock as reported in the
Form 10-Q. BCIPT II has sole voting and sole dispositive power with respect to
such shares.
By virtue of its beneficial ownership of 124.77 shares of Preferred
Stock, BCIPT II-B beneficially owns 7,621 shares of Common Stock. Such 124.77
shares of Preferred Stock (assuming conversion of all such 124.77 shares of
Preferred Stock held by BCIPT II-B into Common Stock)
Page 29 of 48 Pages
represent approximately 0.04% of the total number of outstanding shares of
Common Stock as reported in the Form 10-Q. BCIPT II-B has sole voting and sole
dispositive power with respect to such shares.
By virtue of its beneficial ownership of 51.45 shares of Preferred Stock,
PEP beneficially owns 3,143 shares of Common Stock. Such 51.45 shares of
Preferred Stock (assuming conversion of all such 51.45 shares of Preferred Stock
into Common Stock) represent approximately 0.02% of the total number of
outstanding shares of Common Stock as reported in the Form 10-Q. PEP has sole
voting and sole dispositive power with respect to such shares.
BCI, as the sole general partner of BCP VI, may be deemed to share voting
and dispositive power with respect to 942,946 shares of Common Stock currently
held by BCP VI (assuming conversion of all of the shares of Preferred Stock held
by BCF VI into Common Stock), which represents approximately 4.9% of the total
number of outstanding shares of Common Stock as reported in the Form 10-Q. BCI,
as the managing partner of the BCIP Entities, may be deemed to share voting and
dispositive power with respect to 297,272 shares of Common Stock currently held
by the BCIP Entities (assuming conversion of all of the shares of Preferred
Stock held by the BCIP Entities into Common Stock), which represents
approximately 1.6% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. In addition, by power of attorney, BCI has the right
to vote and dispose of the securities owned by PEP. The filing of this Statement
by BCI shall not be construed as an admission that BCI is, for the purpose of
Section 13(d) of the Exchange Act, the beneficial owner of such shares held by
BCF VI, the BCIP Entities or PEP.
By virtue of its beneficial ownership of 1,123.92 shares of Preferred
Stock, Brookside beneficially owns 68,651 shares of Common Stock. Such 1,123.92
shares of Preferred Stock (assuming conversion of all such 1,123.92 shares of
Preferred Stock into Common Stock) represent approximately 0.4% of the total
number of outstanding shares of Common Stock as reported in the Form 10-Q.
Brookside has sole voting and sole dispositive power with respect to such
shares.
Brookside Investors, as the sole general partner of Brookside, may be
deemed to share voting and dispositive power with respect to 68,651 shares of
Common Stock currently held by Brookside (assuming conversion of all of the
shares of Preferred held by Brookside into Common Stock), which represents
approximately 0.4% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. The filing of this Statement by Brookside Investors
shall not be construed as an admission that Brookside Investors is, for the
purpose of Section 13(d) of the Exchange Act, the beneficial owner of such
shares held by Brookside.
BCM, as the sole general partner of Brookside Investors, may be deemed to
share voting and dispositive power with respect to 68,651 shares of Common Stock
currently held by Brookside (assuming conversion of all of the shares of
Preferred Stock held by Brookside into Common Stock), which represents
approximately 0.4% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. The filing of this Statement by Brookside Inc. shall
not be construed as an admission that BCM is, for the purpose of Section 13(d)
of the Exchange Act, the beneficial owner of such shares held by Brookside.
By virtue of its beneficial ownership of 561.96 shares of Preferred Stock,
Sankaty beneficially owns 34,325 shares of Common Stock. Such 561.96 shares of
Preferred Stock (assuming conversion of all such 561.96 shares of Preferred
Stock into Common Stock) represent approximately 0.2% of the total number of
outstanding shares of Common Stock as reported in the Form 10-Q. Sankaty has
sole voting and sole dispositive power with respect to such shares.
Page 30 of 48 Pages
Sankaty LLC, as the sole general partner of Sankaty, may be deemed to
share voting and dispositive power with respect to 34,325 shares of Common Stock
currently held by Sankaty (assuming conversion of all of the shares of Preferred
Stock held by Sankaty into Common Stock), which represents approximately 0.2% of
the total number of outstanding shares of Common Stock as reported in the Form
10-Q. The filing of this Statement by Sankaty LLC shall not be construed as an
admission that Sankaty LLC is, for the purpose of Section 13(d) of the Exchange
Act, the beneficial owner of such shares held by Sankaty.
Sankaty Investors, as the managing member of Sankaty LLC, may be deemed
to share voting and dispositive power with respect to 34,325 shares of Common
Stock currently held by Sankaty (assuming conversion of all of the Preferred
Stock held by Sankaty into Common Stock), which represents approximately 0.2% of
the total number of outstanding shares of Common Stock as reported in the Form
10-Q. The filing of this Statement by Sankaty Investors shall not be construed
as an admission that Sankaty Investors is, for the purpose of Section 13(d) of
the Exchange Act, the beneficial owner of such shares held by Sankaty.
By virtue of its beneficial ownership of 561.96 shares of Preferred
Stock, Sankaty II beneficially owns 34,325 shares of Common Stock. Such 561.96
shares of Preferred Stock (assuming conversion of all such 561.96 shares of
Preferred Stock into Common Stock) represent approximately 0.2% of the total
number of outstanding shares of Common Stock as reported in the Form 10-Q.
Sankaty has sole voting and sole dispositive power with respect to such shares.
Sankaty II LLC, as the sole general partner of Sankaty II, may be deemed
to share voting and dispositive power with respect to 34,325 shares of Common
Stock currently held by Sankaty (assuming conversion of all of the shares of
Preferred Stock held by Sankaty into Common Stock), which represents
approximately 0.2% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. The filing of this Statement by Sankaty II LLC shall
not be construed as an admission that Sankaty II LLC is, for the purpose of
Section 13(d) of the Exchange Act, the beneficial owner of such shares held by
Sankaty II.
Sankaty Investors II, as the managing member of Sankaty II LLC, may be
deemed to share voting and dispositive power with respect to 34,325 shares of
Common Stock currently held by Sankaty II (assuming conversion of all of the
Preferred Stock held by Sankaty into Common Stock), which represents
approximately 0.2% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. The filing of this Statement by Sankaty Investors II
shall not be construed as an admission that Sankaty Investors II is, for the
purpose of Section 13(d) of the Exchange Act, the beneficial owner of such
shares held by Sankaty II.
By virtue of its beneficial ownership of 22,267.55 shares of Preferred
Stock, MDCP beneficially owns 1,360,140 shares of Common Stock. Such 22,267.55
shares of Preferred Stock (assuming conversion of all such 22,267.55 shares of
Preferred Stock into Common Stock) represent approximately 6.9% of the total
number of outstanding shares of Common Stock as reported in the Form 10-Q. MDCP
has sole voting and sole dispositive power with respect to such shares.
By virtue of its beneficial ownership of 494.44 shares of Preferred
Stock, MDSE beneficially owns 30,201 shares of Common Stock. Such 494.44 shares
of Preferred Stock (assuming conversion of all such 494.44 shares of Preferred
Stock into Common Stock) represent approximately 0.2% of the total number of
outstanding shares of Common Stock as reported in the Form 10-Q. MDSE has sole
voting and sole dispositive power with respect to such shares.
By virtue of its beneficial ownership of 91.42 shares of Preferred Stock,
SAF beneficially owns 5,584 shares of Common Stock. Such 91.42 shares of
Preferred Stock (assuming conversion
Page 31 of 48 Pages
of all such 91.42 shares of Preferred Stock into Common Stock) represent
approximately 0.03% of the total number of outstanding shares of Common Stock as
reported in the Form 10-Q. SAF has sole voting and sole dispositive power with
respect to such shares.
MDP III, as the sole general partner of the MDP Investors, may be deemed
to share voting and dispositive power with respect to 1,395,925 shares of Common
Stock currently held by the MDP Investors (assuming conversion of all of the
shares of Preferred Stock held by the MDP Investors into Common Stock), which
represents approximately 7.0% of the total number of outstanding shares of
Common Stock as reported in the Form 10-Q. The filing of this Statement by MDP
III shall not be construed as an admission that MDP III is, for the purpose of
Section 13(d) of the Exchange Act, the beneficial owner of such shares held by
the MDP Investors.
MDP, as the sole general partner of MDP III, may be deemed to share
voting and dispositive power with respect to 1,395,925 shares of Common Stock
currently held by MDP III (assuming conversion of all of the shares of Preferred
Stock held by MDP III into Common Stock), which represents approximately 7.0% of
the total number of outstanding shares of Common Stock as reported in the Form
10-Q. The filing of this Statement by MDP shall not be construed as an admission
that MDP is, for the purpose of Section 13(d) of the Exchange Act, the
beneficial owner of such shares held by MDP III.
The Bain Investors and the MDP Investors have agreed to vote their shares
of Preferred Stock in accordance with the terms of an Inter-Investor Agreement.
A copy of the Inter-Investor Agreement is attached hereto as Exhibit F and is
---------
incorporated by reference herein. Each of the Investors have agreed between
themselves to exercise the powers and rights conferred upon them by the Purchase
Agreement, Registration Rights Agreement and Corporate Governance Agreement in
accordance with the provisions of the Inter-Investor Agreement. The following
summary is qualified in its entirety by reference to the detailed provisions of
the Inter-Investor Agreement.
Inter-Investor Agreement
------------------------
Voting Rights. Pursuant to the terms of the Inter-Investor Agreement, the
Investors have agreed that during such time as they collectively hold the right
to elect two directors to the Issuer's board of directors and each of the Bain
Investors and MDP Investors continue to hold at least 50% of the Preferred
Stock, one representative shall be designated to serve on the board by a
majority of the Bain Investors and one representative shall be designated to
serve on the board by a majority of the MDP Investors. During such time as the
Investors have the right to elect two directors to the board and either the Bain
Investors or MDP Investors no longer hold 50% of the Preferred Shares, two
representatives shall be designated by the group of investors that has not
ceased to hold 50% of the Preferred Stock. During such time as the Investors
have the right to elect a single director to serve on the Issuer's board of
directors, the single representative shall be designated by the Bain Investors
if the Bain Investors hold a majority of the Preferred Stock, or the single
representative shall be designated by the MDP Investors if the MDP Investors
hold a majority of the Preferred Stock.
Transfer of Shares. If a holder of Preferred Stock wishes to transfer its shares
of Preferred Stock, unless such transfer is pursuant to the terms of a
redemption provision under the Certificate of Designation, pursuant to a
registered securities offering under the Securities Act of 1933 as amended, or
pursuant to a public sale, the transfer of shares must be pursuant to the terms
of the Inter-Investor Agreement. Where any holder of Preferred Stock (the "First
Shareholder") contemplates a transfer of its shares and the effect of such
transfer would dispossess the other holders of Preferred Stock (the "Other
Shareholders") of existing rights under the Purchase Agreement, Registration
Rights Agreement, Corporate Governance Agreement or Certificate of Designation,
including the right to elect two directors to the Issuer's board of directors,
the First Shareholder shall
Page 32 of 48 Pages
notify the Other Shareholders of the terms and conditions of its proposed
transaction and the Other Shareholders shall have the opportunity to negotiate
the purchase of all of the Preferred Shares of the First Shareholder.
As a result of the terms of the Inter-Investor Agreement, the Bain
Investors and the MDP Investors may be deemed to constitute a "group" for
purposes of Section 13(d)(3) of the Exchange Act. Accordingly, by virtue of
their beneficial ownership of 45,405.49 shares of Preferred Stock, the Investors
beneficially own 2,773,445 shares of Common Stock. Such 45,405.49 shares of
Preferred Stock (assuming conversion of all such 45,405.49 shares of Preferred
Stock into Common Stock) represent approximately 13.1% of the total number of
outstanding shares of Common Stock as represented in the Form 10-Q. The filing
of this Statement by the Investors shall not be construed as an admission that
the Investors are, for the purpose of Section 13(d) of the Exchange Act, the
beneficial owner of the shares held by the Investors.
Neither the filing of this statement nor any of its contents shall be
deemed to constitute an admission that any Reporting Person is the beneficial
owner of any Common Stock referred to in this statement for the purpose of
Section 13(d) of the Act or for any other purpose, and such beneficial ownership
is expressly disclaimed.
Item 7. Material to be filed as Exhibits.
Exhibit A - Joint Filing Agreement.
Exhibit B - Power of Attorney.
Page 33 of 48 Pages
SIGNATURES
----------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment No. 2 to 13D Statement
is true, complete and correct.
Date: November 20, 2001 BAIN CAPITAL FUND VI, L.P.
By: Bain Capital Partners VI, L.P.,
its General Partner
By: Bain Capital Investors LLC,
its General Partner
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BAIN CAPITAL PARTNERS VI, L.P.
By: Bain Capital Investors LLC,
its General Partner
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BAIN CAPITAL INVESTORS, LLC
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD ASSET PARTNERS, L.P.
By: Sankaty High Yield Asset Investors, LLC,
its General Partner
By: Sankaty Investors, LLC,
its Managing Member
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 34 of 48 Pages
Date: November 20, 2001 SANKATY HIGH YIELD ASSET INVESTORS, LLC
By: Sankaty Investors, LLC,
its Managing Member
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY INVESTORS, LLC
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD PARTNERS II, L.P.
By: Sankaty High Yield Asset Investors, II,
LLC, its General Partner
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD ASSET INVESTORS II, LLC
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY INVESTORS II, LLC
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 35 of 48 Pages
Date: November 20, 2001 BROOKSIDE CAPITAL PARTNERS FUND, L.P.
By: Brookside Capital Investors, L.P.,
its General Partner
By: Brookside Capital Management, LLC,
its General Partner
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BROOKSIDE CAPITAL INVESTORS, L.P.
By: Brookside Capital Management, LLC,
its General Partner
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BROOKSIDE CAPITAL MANAGEMENT, LLC
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BCIP ASSOCIATES II
BCIP TRUST ASSOCIATES II
BCIP ASSOCIATES II-B
BCIP TRUST ASSOCIATES II-B
BCIP ASSOCIATES II-C
By: Bain Capital Investors, LLC,
their Managing Partner
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 36 of 48 Pages
Date: November 20, 2001 PEP INVESTMENTS PTY LIMITED
By: Bain Capital Investors, LLC,
its Attorney-in-Fact
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 MADISON DEARBORN CAPITAL PARTNERS III, L.P.
By: Madison Dearborn Partners III, L.P.,
its General Partner
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 MADISON DEARBORN SPECIALTY EQUITY III, L.P.
By: Madison Dearborn Partners III, L.P.
its General Partner
By: Madison Dearborn Partners, LLC
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 SPECIAL ADVISORS FUND I, LLC
By: Madison Dearborn Partners III, L.P.
its Manager
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Page 37 of 48 Pages
Date: November 20, 2001 MADISON DEARBORN PARTNERS III, L.P.
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 MADISON DEARBORN PARTNERS, LLC
By: /s/ Thomas R. Reusche
-----------------------------------
Name: Thomas R. Reusche
Title:
Page 38 of 48 Pages
SCHEDULE A
Bain Capital Partners VI, L.P. ("BCP VI") is the sole general partner of
Bain Capital Fund VI, L.P. ("BCF VI"). Bain Capital Investors, LLC ("BCI") is
the sole general partner of BCP VI. BCI is the managing general partner for BCIP
Associates II, BCIP Associates II-B, BCIP Associates II-C, BCIP Trust Associates
II and BCIP Trust Associates II-B. The following persons are members and
executive officers of BCI: Joshua Bekenstein (Managing Director), Edward Conard
(Managing Director), John P. Connaughton (Managing Director), Paul B. Edgerley
(Managing Director), Robert C. Gay (Managing Director), Michael A. Krupka
(Managing Director), Ronald P. Mika (Managing Director), Mark E. Nunnelly
(Managing Director), Stephen G. Pagliuca (Managing Director), Robert F. White
(Managing Director), Dwight Poler (Managing Director) and Joseph P. Pretlow
(Managing Director). In addition, Roy Edgar Brakeman III, Jonathan S. Lavine and
Domenic Ferrante are also members of BCI.
Brookside Capital Investors, L.P. ("Brookside Investors") is the sole
general partner of Brookside Capital Partners Fund, L.P. ("Brookside").
Brookside Capital Management, LLC ("BCM") is the sole general partner of
Brookside Investors. Roy Edgar Brakeman, III is the Managing Member of BCM. In
addition, the following persons serve as executive officers for Brookside: Roy
Edgar Brakeman, III (Managing Director); and Domenic Ferrante (Managing
Director).
Sankaty High Yield Asset Investors, LLC ("Sankaty LLC") is the sole
general partner of Sankaty High Yield Asset Partners, L.P. ("Sankaty"). Sankaty
Investors, LLC ("Sankaty Investors") is the Managing Member of Sankaty LLC.
Jonathan S. Lavine is the Managing Member of Sankaty Investors. In addition, the
following persons serve as executive officers for Sankaty: Jonathan S. Lavine
(Managing Director and Chief Investment Officer); Diane J. Exter (Managing
Director and Portfolio Manager), Kristin Mugford (Managing Director and
Portfolio Manager), and Stacy Braatz (Secretary).
Sankaty High Yield Asset Investors II, LLC ("Sankaty II LLC") is the
sole general partner of Sankaty High Yield Partners II, L.P. ("Sankaty II").
Sankaty Investors II, LLC ("Sankaty Investors II") is the Managing Member of
Sankaty II LLC. Jonathan S. Lavine is the Managing Member of Sankaty Investors
II. In addition, the following persons serve as executive officers of Sankaty
II: Jonathan S. Lavine (Managing Director and Chief Investment Officer); Diane
J. Exter (Managing Director and Portfolio Manager), Kristian Mugford (Managing
Director and Portfolio Manager), and Stacy Braatz (Secretary).
Unless otherwise noted, the business address for each of the foregoing
persons is 111 Huntington Avenue, Boston, MA 02199. The business address for
Messrs. Conard and Pretlow is Bain Capital NY, LLC, 745 5/th/ Avenue, New York,
NY 10151 and for Mr. Poler is Bain Capital, LTD, 12 St. James Square, London
SW1Y4RB, United Kingdom. Unless otherwise noted, the principal occupation of
each of the foregoing persons is serving as a Managing Director of Bain Capital,
LLC and its affiliated investment funds.
Page 39 of 48 Pages
SCHEDULE B
Madison Dearborn Partners III, L.P. ("MDP III") is the sole general
partner of Madison Dearborn Capital Partners III, L.P. ("MDCP III"), Madison
Dearborn Special Equity III, L.P. ("MDSE III") and Special Advisors Fund I LLC
("SAF"). Madison Dearborn Partners, LLC ("MDP") is the sole general partner of
MDP III. The directors and executive officers of MDP are as follows: John A.
Canning, Jr. (Director, executive officer and President); Paul J. Finnegan
(Managing Director); William J. Hunckler, III (Managing Director); Samuel M.
Mencoff (Managing Director); Paul R. Wood (Managing Director); Justin S. Huscher
(Managing Director); Benjamin D. Chereskin (Managing Director); Thomas R.
Reusche (Managing Director); James N. Perry, Jr. (Managing Director); Nicholas
W. Alexos (Managing Director); Timothy P. Sullivan (Managing Director); Gary J.
Little (Managing Director); David F. Mosher (Managing Director); and Robin P.
Selati (Managing Director). The business address for each of the foregoing
persons is Three First National Plaza, Suite 3800, Chicago, IL 60602. The
principal occupation of each of the foregoing persons is serving as a Managing
Director of MDP.
Page 40 of 48 Pages
Exhibit A
SCHEDULE 13D JOINT FILING AGREEMENT
The undersigned and each other person executing this joint filing
agreement (this "Agreement") agree as follows:
(i) The undersigned and each other person executing this Agreement are
individually eligible to use the Schedule 13D to which this Exhibit is attached
and such Schedule 13D is filed on behalf of the undersigned and each other
person executing this Agreement; and
(ii) The undersigned and each other person executing this Agreement are
responsible for the timely filing of such Schedule 13D and any amendments
thereto, and for the completeness and accuracy of the information concerning
such person contained therein; but none of the undersigned or any other person
executing this Agreement is responsible for the completeness or accuracy of the
information statement concerning any other persons making the filing, unless
such person knows or has reason to believe that such information is inaccurate.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original, but all of which, taken together, shall
constitute one and the same instrument.
* * * * * *
Page 41 of 48 Pages
In Witness Whereof, the undersigned have caused this Agreement to be
signed by their respective officers thereunto duly authorized as of the date set
forth opposite their name.
Date: November 20, 2001 BAIN CAPITAL FUND VI, L.P.
By: Bain Capital Partners VI, L.P.,
its General Partner
By: Bain Capital Investors LLC,
its General Partner
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BAIN CAPITAL PARTNERS VI, L.P.
By: Bain Capital Investors LLC,
its General Partner
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date November 20, 2001 BAIN CAPITAL INVESTORS, LLC
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD ASSET PARTNERS, L.P.
By: Sankaty High Yield Asset Investors, LLC,
its General Partner
By: Sankaty Investors, LLC,
its Managing Member
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 42 of 48 Pages
Date: November 20, 2001 SANKATY HIGH YIELD ASSET INVESTORS, LLC
By: Sankaty Investors, LLC,
its Managing Member
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date November 20, 2001 SANKATY INVESTORS, LLC
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD PARTNERS II, L.P.
By: Sankaty High Yield Asset Investors, II,
LLC, its General Partner
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY HIGH YIELD ASSET INVESTORS II, LLC
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 SANKATY INVESTORS II, LLC
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 43 of 48 Pages
Date: November 20, 2001 BROOKSIDE CAPITAL PARTNERS FUND, L.P.
By: Brookside Capital Investors, L.P.,
its General Partner
By: Brookside Capital Management, LLC,
its General Partner
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BROOKSIDE CAPITAL INVESTORS, L.P.
By: Brookside Capital Management, LLC,
its General Partner
By: /s/ Dennis M. Myers
----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BROOKSIDE CAPITAL MANAGEMENT, LLC
By: /s/ Dennis M. Myers
------------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 BCIP ASSOCIATES II
BCIP TRUST ASSOCIATES II
BCIP ASSOCIATES II-B
BCIP TRUST ASSOCIATES II-B
BCIP ASSOCIATES II-C
By: Bain Capital Investors, LLC,
their Managing Partner
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Page 44 of 48 Pages
Date: November 20, 2001 PEP INVESTMENTS PTY LIMITED
By: Bain Capital Investors, LLC,
its Attorney-in-Fact
By: /s/ Dennis M. Myers
-----------------------------------------
Name: Dennis M. Myers
Title: Attorney-in-Fact
Date: November 20, 2001 MADISON DEARBORN CAPITAL PARTNERS III, L.P.
By: Madison Dearborn Partners III, L.P.,
its General Partner
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 MADISON DEARBORN SPECIALTY EQUITY III, L.P.
By: Madison Dearborn Partners III, L.P.
its General Partner
By: Madison Dearborn Partners, LLC
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 SPECIAL ADVISORS FUND I, LLC
By: Madison Dearborn Partners III, L.P.
its Manager
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Page 45 of 48 Pages
Date: November 20, 2001 MADISON DEARBORN PARTNERS III, L.P.
By: Madison Dearborn Partners, LLC,
its General Partner
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Date: November 20, 2001 MADISON DEARBORN PARTNERS, LLC
By: /s/ Thomas R. Reusche
-----------------------------------------
Name: Thomas R. Reusche
Title:
Page 46 of 48 Pages
Exhibit B
POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes
and appoints each of Jeffrey C. Hammes, Dennis M. Myers and Stephen D. Oetgen,
each of the law firm of Kirkland & Ellis, signing singly, the undersigned's true
and lawful attorney-in-fact to: (i) execute for and on behalf of the
undersigned, in the undersigned's capacity as a beneficial owner of shares of
Common Stock of Stericycle, Inc., a Delaware corporation (the "Company"), any
Schedule 13D or Schedule 13G, and any amendments, supplements or exhibits
thereto (including any joint filing agreements) required to be filed by the
undersigned under Section 13 of the Securities Exchange Act of 1934, as amended,
and the rules and regulations promulgated thereunder (the "Exchange Act"), and
any Forms 3, 4, and 5 and any amendments, supplements or exhibits thereto
required to be filed by the undersigned under Section 16(a) of the Exchange Act;
(ii) do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Schedule 13D,
Schedule 13G, Form 3, 4, or 5 and timely file such forms with the United States
Securities and Exchange Commission and any stock exchange in which the Common
Stock of the Company is listed on or approved for quotation in, if any; and
(iii) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 13 and Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file reports or schedules under Section 13
or Section 16 of the Exchange Act with respect to the undersigned's holdings of
and transactions in securities issued by the Company, unless earlier revoked by
the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.
Page 47 of 48 Pages
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 20/th/ day of November 2001.
SANKATY HIGH YIELD PARTNERS II, L.P.
By: Sankaty High Yield Asset Investors, II,
LLC, its General Partner
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Jonathan S. Lavine
-------------------------------------------
Name: Jonathan S. Lavine
Title: Managing Director
SANKATY HIGH YIELD ASSET INVESTORS II, LLC
By: Sankaty Investors II, LLC, its Managing
Member
By: /s/ Jonathan S. Lavine
-------------------------------------------
Name: Jonathan S. Lavine
Title: Managing Director
SANKATY INVESTORS II, LLC
By: /s/ Jonathan S. Lavine
-------------------------------------------
Name: Jonathan S. Lavine
Title: Managing Director
Page 48 of 48 Pages