UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
CONSETLLATION BRANDS, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock, par value $.01 per share
Class B Common Stock, par value $.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------------------------------------
(CUSIP Number)
Roger W. Byrd, Esq.
Nixon Peabody LLP
1300 Clinton Square
Rochester, New York 14604
716-263-1687
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 28, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss. 240.13d-7(b) for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required 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 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
R, R, M & C Partners, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 2,002,002
WITH Class B Shares 0
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 5.5%
Class B Shares 0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
--------------------------------------------------------------------------------
2
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
R, R, M & C Group, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 2,002,002
WITH Class B Shares 0
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 5.5%
Class B Shares 0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
--------------------------------------------------------------------------------
3
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
R, R, M & C Management Corporation
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 2,002,002
WITH Class B Shares 0
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,002,002
Class B Shares 0
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 5.5%
Class B Shares 0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------------------------------------------------------------------------
4
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
The Stockholder Group described in Item 2
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Not Applicable
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 4,202,063
WITH Class B Shares 5,676,742
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 4,202,063
Class B Shares 5,676,742
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 4,202,063 (9,878,805 if Class B Shares were converted)
Class B Shares 5,676,742
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 11.3% (23.1% if Class B Shares were converted)
Class B Shares 93.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
--------------------------------------------------------------------------------
5
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Richard Sands
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 398,302
SHARES Class B Shares 1,477,058
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 2,297,356
WITH Class B Shares 2,715,036
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 398,302
Class B Shares 1,477,058
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 2,297,356
Class B Shares 2,715,036
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,695,658 (6,887,752 if Class B Shares were converted)
Class B Shares 4,192,094
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 7.3% (16.8% if Class B Shares were converted)
Class B Shares 69.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
6
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Robert Sands
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 428,299
SHARES Class B Shares 1,475,648
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 2,297,356
WITH Class B Shares 2,715,036
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 428,299
Class B Shares 1,475,648
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 2,297,356
Class B Shares 2,715,036
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 2,725,655 (6,916,339 if Class B Shares were converted)
Class B Shares 4,190,684
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 7.4% (16.9% if Class B Shares were converted)
Class B Shares 69.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
7
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Marilyn Sands
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 1,078,106
SHARES Class B Shares 9,000
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 177,452
WITH Class B Shares 203,700
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 1,078,106
Class B Shares 9,000
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 177,452
Class B Shares 203,700
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 1,255,558 (1,468,258 if Class B Shares were converted)
Class B Shares 212,700
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 3.4% (4.0% if Class B Shares were converted)
Class B Shares 3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
8
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
CWC Partnership-I
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 266,092
WITH Class B Shares 1,524,770
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 266,092
Class B Shares 1,524,770
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 266,092 (1,790,862 if Class B Shares were converted)
Class B Shares 1,524,770
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.7% (4.7% if Class B Shares were converted)
Class B Shares 25.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
--------------------------------------------------------------------------------
9
--------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
M, L, R & R
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) | |
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
|_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class A Shares 0
SHARES Class B Shares 0
BENEFICIALLY
OWNED BY ----------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON Class A Shares 148,190
WITH Class B Shares 166,842
----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Class A Shares 0
Class B Shares 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class A Shares 148,190
Class B Shares 166,842
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class A Shares 148,190 (315,032 if Class B Shares were converted)
Class B Shares 166,842
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
| |
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Class A Shares 0.4% (0.9% if Class B Shares were converted)
Class B Shares 2.7%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
--------------------------------------------------------------------------------
10
ITEM 1. SECURITY AND ISSUER.
The classes of equity securities to which this statement applies are
the Class A Common Stock, par value $0.01 (the "Class A Stock"), and the Class B
Common Stock, par value $0.01 (the "Class B Stock"), of Constellation Brands,
Inc., a Delaware Corporation with its principal offices at 300 WillowBrook
Office Park, Fairport, New York 14450 (the "Company").
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule 13D is being filed by R, R, M & C Partners, L.L.C. (the
"LLC"), R, R, M & C Group, L.P. (the "Partnership"), R, R, M & C Management
Corporation (the "General Partner") and a group formed for the purpose of
aggregating shares of Class A Stock and coordinating investing activities with
respect to such shares (the "Group") including the LLC, the Partnership and the
General Partner (the LLC, the Partnership, the General Partner and the Group are
referred to herein as the "Reporting Persons"). The other members of the Group
are Richard Sands, Robert Sands, Marilyn Sands, CWC Partnership-I ("CWCP-I") and
M, L, R & R (the "Group Members"). The Group Members are included in this
Schedule 13D solely in their capacity as members of the Group and have
previously filed a separate Schedule 13D with respect to their individual
holdings. The Partnership is the sole manager of the LLC, the General Partner is
the sole general partner of the Partnership and Richard Sands and Robert Sands
are each 50% owners of the General Partner and the only directors or officers of
the General Partner.
Certain information with respect to the Reporting Persons and Group
Members is set forth below:
1. R, R, M & C Partners, L.L.C.
a. State of Organization: Missouri
b. Principal Business: Investing
2. R, R, M & C Group, L.P.
a. State of Organization: Missouri
b. Principal Business: Investing
3. R, R, M & C Management Corporation
a. State of Organization: Missouri
b. Principal Business: Investing
11
4. The Group
a. State of Organization: Not Applicable
b. Principal Business: Investing
5. Richard Sands
a. Principal Occupation: Chairman of the Board,
President and Chief
Executive Officer of the
Company
b. Citizenship: United States
6. Robert Sands
a. Principal Occupation: Group President of the
Company
b. Citizenship: United States
7. Marilyn Sands
a. Principal Occupation: Retired
b. Citizenship: United States
8. CWC Partnership-I
a. State of Organization: New York (a general
partnership)
b. Principal Business: Investing
9. M, L, R & R
a. State of Organization: New York (a general
partnership)
b. Principal Business: Investing
The principal office address or business address of each of the
Reporting Persons and Group Members is 300 WillowBrook Office Park, Fairport,
New York 14450. None of the Reporting Persons or Group Members has, during the
last five years, been (i) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a result of which
he, she or it is or was subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
12
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The establishment of the Group resulted from the contribution of Class
A Stock to the LLC for investment purposes. The Class A Stock was contributed to
the LLC as follows: (a) on August 28, 2001 (i) each of Richard Sands and Robert
Sands contributed 1,001 shares of Class A Stock to the General Partner and
received one-half of the issued and outstanding stock of the General Partner,
(ii) the General Partner Contributed 2,002 shares of Class A Stock to the
Partnership and received a 0.1% general partnership interest in the Partnership,
and (iii) each of Richard Sands, Robert Sands, Marilyn Sands and CWCP-I
contributed 500,000 shares of Class A Stock to the Partnership and received a
24.975% limited partnership interest in the Partnership, and (b) on August 31,
2001, the Partnership Contributed all 2,002,002 shares of Class A Stock to the
LLC.
ITEM 4. PURPOSE OF THE TRANSACTION
The shares of Class A Stock were contributed to the General Partner,
the Partnership and the LLC for investment purposes. Subsequent to the
contribution, the Company filed a pre-effective amendment to its registration
statement on Form S-3 (No. 333-63480) permitting the sale to the public of up to
2,150,000 shares of Class A Stock by the LLC and M, L, R & R. It is currently
contemplated that such shares of Class A Stock will be sold in an underwritten
public offering.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The table below sets forth the shares of Class A Stock and Class B
Stock beneficially owned by each Reporting Person and Group Member. The
percentages of ownership were calculated on the basis of 36,470,672 of Class A
Stock and 6,075,245 shares of Class B Stock outstanding as of the close of
business on July 31, 2001. Shares of Class B Stock are convertible into shares
of Class A Stock on a one-to-one basis at any time at the option of the holder.
13
-----------------------------------------------------------------------------------------------------------------
AMOUNT AND NATURE
OF BENEFICIAL OWNERSHIP (1)
-----------------------------------------------------
SOLE POWER TO SHARED POWER TO PERCENT OF
BENEFICIAL OWNER VOTE OR DISPOSE VOTE OR DISPOSE TOTAL CLASS (1)
-----------------------------------------------------------------------------------------------------------------
CLASS A STOCK:
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Partners, L.L.C. -- 2,002,002(2) 2,002,002 5.5%
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Group, L.P. -- 2,002,002(2) 2,002,002 5.5%
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Management Corporation -- 2,002,002(2) 2,002,002 5.5%
-----------------------------------------------------------------------------------------------------------------
Stockholders Group Pursuant to
Section 13(d)(3) of the Securities -- 4,202,063(3) 4,202,063 11.3%
Exchange Act of 1934, as amended
-----------------------------------------------------------------------------------------------------------------
Richard Sands 398,302(4) 2,297,356(4) 2,695,658 7.3%
-----------------------------------------------------------------------------------------------------------------
Robert Sands 428,299(5) 2,297,356(5) 2,725,655 7.4%
-----------------------------------------------------------------------------------------------------------------
Marilyn Sands 1,078,106(6) 177,452(7) 1,255,558 3.4%
-----------------------------------------------------------------------------------------------------------------
CWC Partnership-I -- 266,092(8) 266,092 0.7%
-----------------------------------------------------------------------------------------------------------------
M, L, R & R -- 148,190(9) 148,190 0.4%
-----------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------
CLASS B STOCK:
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Partners, L.L.C. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Group, L.P. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Management Corporation -- -- -- --
-----------------------------------------------------------------------------------------------------------------
Stockholders Group Pursuant to
Section 13(d)(3) of the Securities -- 5,676,742(3) 5,676,742 93.4%
Exchange Act of 1934, as amended
-----------------------------------------------------------------------------------------------------------------
Richard Sands 1,477,058 2,715,036(4) 4,192,094 69.0%
-----------------------------------------------------------------------------------------------------------------
Robert Sands 1,475,648 2,715,036(5) 4,190,684 69.0%
-----------------------------------------------------------------------------------------------------------------
Marilyn Sands 9,000 203,700(7) 212,700 3.5%
-----------------------------------------------------------------------------------------------------------------
CWC Partnership-I -- 1,524,770(8) 1,524,770 25.1%
-----------------------------------------------------------------------------------------------------------------
M, L, R & R -- 166,842(9) 166,842 2.7%
-----------------------------------------------------------------------------------------------------------------
14
(1) The number of shares and the percentage of ownership set forth in the
Class A Stock table includes the number of shares of Class A Stock that
can be purchased by exercising stock options that are exercisable on
August 28, 2001 or become exercisable within 60 days thereafter
("presently exercisable"). Such number does not include the number of
option shares that may become exercisable within sixty (60) days of
August 28, 2001 due to certain acceleration provisions in certain
awards, which accelerations cannot be foreseen on the date of this
Schedule 13D. Such number also does not include the shares of Class A
Stock issuable pursuant to the conversion feature of the Class B Stock
beneficially owned by each person. The number of shares and percentage
of ownership assuming conversion of Class B Stock into Class A Stock
are contained in the footnotes. For purposes of calculating the
percentage of ownership of Class A Stock in the table and in the
footnotes, additional shares of Class A Stock equal to the number of
presently exercisable options and, as appropriate, the number of shares
of Class B Stock owned by each person are assumed to be outstanding
pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act. Where
the footnotes reflect shares of Class A Stock as being included, such
shares are included only in the Class A Stock table and where the
footnotes reflect shares of Class B Stock as being included, such
shares are included only in the Class B Stock table.
(2) The shares are owned by the LLC. The Partnership is the sole manager of
the LLC. The General Partner owns a 0.1% general partnership interest
in the Partnership and is the sole general partner of the Partnership.
Richard Sands and Robert Sands each own 50% of the issued and
outstanding stock of the General Partner and are the only directors and
officers of the General Partner. The shares of Class A Stock owned by
the LLC are included in the number of shares beneficially owned by the
Partnership, the General Partner, Richard Sands, Robert Sands and the
Group described in footnote (3) below. Each of the Partnership, the
General Partner, Richard Sands and Robert Sands disclaims beneficial
ownership of the shares held by the LLC except to the extent of its or
his direct or indirect ownership interest in the LLC. There are no
shares of Class B Stock beneficially owned by any of the LLC, the
Partnership or the General Partner.
(3) The Group as reported consists of the LLC, the Partnership, the General
Partner, Richard Sands, Robert Sands, Marilyn Sands, CWCP-I and M, L, R
& R. The basis for the Group consists of: (i) the organization
documents governing the Partnership and the LLC, and (ii) the agreement
of all members of the Group to coordinate investment activities with
respect to the shares of Class A Stock owned by the LLC and M, L, R &
R. Assuming the conversion of Class B Stock beneficially owned by the
Group into Class A Stock, the Group would beneficially own 9,878,805
shares of Class A Stock, representing 23.1% of the outstanding Class A
Stock after such conversion.
(4) The amount reflected as shares of Class A Stock over which Richard
Sands has the sole power to vote or dispose includes 297,613 shares of
Class A Stock issuable upon the exercise of options which are presently
exercisable by Mr. Sands. The amounts reflected as shares over which
Mr. Sands shares power to vote or dispose include, as applicable,
117,902 shares of Class A Stock and 1,357,928 shares of Class B Stock
owned by CWCP-I, of which Mr. Sands is a managing partner, 36,858
shares of Class B Stock owned by the Marvin Sands Master Trust (the
"Master Trust"), of which Mr. Sands is a trustee and beneficiary,
148,190 shares of Class A Stock and 166,842 shares of Class B Stock
owned by M, L, R & R, of which Mr. Sands and the Master Trust are
general partners, 140,908 shares of Class B Stock owned by CWC
Partnership-II, a New York general partnership ("CWCP-II"), of which
Mr. Sands is a trustee of the managing partner, 1,012,500 shares of
Class B Stock owned by a trust created by Marvin Sands for the benefit
of his present and future grandchildren (the "Grandchildrens' Trust"),
of which Mr. Sands is a trustee, 29,262 shares of Class A Stock owned
by the Mac and Sally Sands Foundation, Incorporated, a Virginia
corporation (the "Sands Foundation"), of which Mr. Sands is a director
and officer, and 2,002,002 shares owned by the LLC. Mr. Sands disclaims
beneficial ownership of all of the foregoing shares except to the
extent of his direct or indirect ownership interest in CWCP-I, MLR&R
and the LLC and his beneficial interest in the Master Trust. The
amounts reflected do not include 3,930 shares of Class A Stock owned by
Mr. Sands' wife, the remainder interest Mr. Sands has in 358,334 of the
1,075,002 shares of Class A Stock subject to the life estate held by
Marilyn Sands described in footnote (6) below or the remainder interest
of CWCP-II in 361,953 of such shares. Mr. Sands disclaims beneficial
ownership with respect to all such shares. Assuming the conversion of
Class B Stock beneficially owned by Mr. Sands into
15
Class A Stock, Mr. Sands would beneficially own 6,887,752 shares of
Class A Stock, representing 16.8% of the outstanding Class A Stock
after such conversion.
(5) The amount reflected as shares of Class A Stock over which Robert Sands
has the sole power to vote or dispose includes 293,346 shares of Class
A Stock issuable upon the exercise of options which are presently
exercisable by Mr. Sands. The amounts reflected as shares over which
Mr. Sands shares power to vote or dispose include, as applicable,
117,902 shares of Class A Stock and 1,357,928 shares of Class B Stock
owned by CWCP-I, of which Mr. Sands is a managing partner, 36,858
shares of Class B Stock owned by the Master Trust of which Mr. Sands is
a trustee and beneficiary, 148,190 shares of Class A Stock and 166,842
shares of Class B Stock owned by M, L, R & R, of which Mr. Sands and
the Master Trust are general partners, 140,908 shares of Class B Stock
owned by CWCP-II, of which Mr. Sands is a trustee of the managing
partner, 1,012,500 shares of Class B Stock owned by the Grandchildrens'
Trust, of which Mr. Sands is a trustee, 29,262 shares of Class A Stock
owned by the Sands Foundation, of which Mr. Sands is a director and
officer, and 2,002,002 shares owned by the LLC. Mr. Sands disclaims
beneficial ownership of all of the foregoing shares except to the
extent of his direct or indirect ownership interest in CWCP-I, M, L, R
& R and the LLC and his beneficial interest in the Master Trust. The
amounts reflected do not include 45,880 shares of Class A Stock owned
by Mr. Sands' wife, individually and as custodian for their minor
children, the remainder interest Mr. Sands has in 354,715 of the
1,075,002 shares of Class A Stock subject to the life estate held by
Marilyn Sands described in footnote (6) below or the remainder interest
of CWCP-II in 361,953 of such shares. Mr. Sands disclaims beneficial
ownership with respect to all such shares. Assuming the conversion of
Class B Stock beneficially owned by Mr. Sands into Class A Stock, Mr.
Sands would beneficially own 6,916,339 shares of Class A Stock,
representing 16.9% of the outstanding Class A Stock after such
conversion.
(6) With respect to 1,075,002 shares of the 1,078,106 shares of Class A
Stock, Marilyn Sands is the beneficial owner of a life estate which
includes the right to receive income from and the power to vote and
dispose of such shares. The remainder interest in such shares is held
by Richard Sands, Robert Sands and CWCP-II.
(7) The amounts reflected include, as applicable, 29,262 shares of Class A
Stock owned by the Sands Foundation, of which Marilyn Sands is a
director, 36,858 shares of Class B Stock owned by the Master Trust, of
which Ms. Sands is a trustee, and 148,190 shares of Class A Stock and
166,842 shares of Class B Stock owned by M, L, R & R, of which the
Master Trust is a general partner. Ms. Sands disclaims beneficial
ownership with respect to all shares owned by the Sands Foundation and
with respect to all of the other foregoing shares except to the extent
of her beneficial interest in the Master Trust. Assuming the conversion
of Class B Stock beneficially owned by Ms. Sands into Class A Stock,
Ms. Sands would beneficially own 1,468,258 shares of Class A Stock,
representing 4.0% of the outstanding Class A Stock after such
conversion.
(8) The amounts reflected include, as applicable, 148,190 shares of Class A
Stock and 166,842 shares of Class B Stock owned by M, L, R & R, of
which CWCP-I is a general partner. The shares owned by CWCP-I are
included in the number of shares beneficially owned by Richard Sands
and Robert Sands, the managing partners of CWCP-I, and the Group
described in footnote (3) above. The other partners of CWCP-I are
trusts for the benefit of Laurie Sands' husband and children. Assuming
the conversion of Class B Stock beneficially owned by CWCP-I into Class
A Stock, CWCP-I would beneficially own 1,790,862 shares of Class A
Stock, representing 4.7% of the outstanding Class A Stock after such
conversion.
(9) The shares owned by M, L, R & R are included in the number of shares
beneficially owned by Richard Sands, Robert Sands, Marilyn Sands,
CWCP-I and the Group described in footnote (3) above. Assuming the
conversion of Class B Stock beneficially owned by M, L, R & R into
Class A Stock, M, L, R & R would beneficially own 315,032 shares of
Class A Stock, representing 0.9% of the outstanding Class A Stock after
such conversion.
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
The General Partner, Richard Sands, Robert Sands, Marilyn Sands and
CWCP-I are parties to the Agreement of Limited Partnership of the Partnership.
The Partnership is a party to the Limited Liability Operating Agreement of the
LLC. Each of the members of the Group has agreed to coordinate investment
activities with respect to the shares of Class A Stock owned by the LLC and M,
L, R & R. The description of the relationships between the Group Members and
CWCP-I, CWCP-II, M, L, R & R, the Master Trust, the Grandchildrens' Trust and
the Sands Foundation described under Item 5 are incorporated into this Item 6 by
reference. Richard Sands, Robert Sands and CWCP-I are parties to a Stockholders'
Agreement dated June 17, 1993, a copy of which was filed with the Securities and
Exchange Commission in October, 1993 as an Exhibit to the Schedule 13D dated
June 17 and 29, 1993 filed by Richard Sands, Robert Sands, Marilyn Sands and
others with respect to Class A Stock and Class B Stock. Richard Sands and Robert
Sands are brothers and the sons of Marilyn Sands.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 99-1 Joint Filing Agreement among the Reporting Persons and
Group Members dated September 7, 2001
Exhibit 99-2 Agreement of Limited Partnership of the Partnership dated
August 23, 2001
Exhibit 99-3 Limited Liability Company Operating Agreement of the LLC
dated August 30, 2001
17
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief I
certify that the information set forth in this statement is true, complete and
correct.
Dated: September 7, 2001 R, R, M & C Partners, L.L.C.
By: R, R, M & C Group, L.P.
Its: Manager
By: R, R, M & C Management Corporation
Its: General Partner
By: /s/Robert Sands
-------------------------------
Robert Sands, President
Dated: September 7, 2001 R, R, M & C Group, L.P.
By: R, R, M & C Management Corporation
Its: General Partner
By: /s/Robert Sands
--------------------------------
Robert Sands, President
Dated: September 7, 2001 R, R, M & C Management Corporation
By: /s/Robert Sands
----------------------------------------
Robert Sands, President
Dated: September 7, 2001 /s/Richard Sands
---------------------------------------------
Richard Sands*
Dated: September 7, 2001 /s/Robert Sands
---------------------------------------------
Robert Sands*
Dated: September 7, 2001
---------------------------------------------
Marilyn Sands*
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Dated: September 7, 2001 CWC Partnership-I*
By: /s/Richard Sands
------------------------------------------
Richard Sands, Co-Managing Partner
By: /s/Robert Sands
------------------------------------------
Robert Sands, Co-Managing Partner
Dated: September 7, 2001 M, L, R & R*
By: /s/Robert Sands
------------------------------------------
Robert Sands, Partner
* Executed by this person solely in such person's capacity as a member of the
group described in this Schedule 13D.
19