<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 3)
Waverly, Inc.
(Name of Issuer)
Common Stock, par value $2.00 per share
(Title of Class and Securities)
943614107
(CUSIP Number)
William M. Passano, Jr.
c/o Waverly, Inc.
351 West Camden Street
Baltimore, Maryland 21201
(410) 528-4000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 20, 1998
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the
following box [ ].
(Continued on following pages)
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SCHEDULE 13D
CUSIP No. 943614107
__________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William M. Passano, Jr.
__________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (x)
(b) ( )
__________________________________________________________________
(3) SEC USE ONLY
__________________________________________________________________
(4) SOURCE OF FUNDS
N/A
__________________________________________________________________
(5) CHECK BOX 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 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
__________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
__________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES ( )
__________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
__________________________________________________________________
(14) TYPE OF REPORTING PERSON
IN
__________________________________________________________________
2
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SCHEDULE 13D
CUSIP No. 943614107
__________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dr. Michael Urban
__________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (x)
(b) ( )
__________________________________________________________________
(3) SEC USE ONLY
__________________________________________________________________
(4) SOURCE OF FUNDS
N/A
__________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Federal Republic of Germany
__________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
__________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
__________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES ( )
__________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
__________________________________________________________________
(14) TYPE OF REPORTING PERSON
IN
__________________________________________________________________
3
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This statement constitutes Amendment No. 3 to the Schedule 13D
filed by William M. Passano, Jr. and Dr. Michael Urban (together, the
"Filing Parties") on or about April 30, 1990. The Schedule 13D, as
amended, is hereinafter referred to as the "Schedule 13D." All capitalized
terms used herein and otherwise undefined shall have the meanings ascribed
in the Schedule 13D. This Amendment is being filed to reflect the purchase
of all shares of common stock, par value $2.00 per share (the "Shares"), of
Waverly, Inc., a Maryland corporation (the "Company"), beneficially owned
by the Filing Parties by MP Acquisition Corp., a Maryland corporation
("Newco"), and an indirect wholly owned subsidiary of Wolters Kluwer U.S.
Corporation, a Delaware corporation ("Wolters Kluwer"), on May 20, 1998,
pursuant to the tender offer commenced by Newco on February 18, 1998, to
purchase all outstanding Shares for $39.00 per Share, net to the seller in
cash (the "Offer"). The Offer expired at midnight on May 19, 1998, and on
May 20, 1998, Wolters Kluwer and Newco accepted for payment and purchased
all Shares validly tendered, including Shares beneficially owned by the
Filing Parties.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Schedule 13D is hereby amended and supplemented as
follows:
(a) The aggregate number of Shares that may be deemed to be
collectively beneficially owned by the Filing Parties is 0. The aggregate
number of Shares that may be deemed to be beneficially owned by each of the
Filing Parties individually is as follows:
Name Number of Shares Percentage of Class
---- ---------------- -------------------
William M. Passano, Jr. 0 0.0%
Dr. Michael Urban 0 0.0%
(b) See (a) above.
(c) As previously disclosed on Amendment No. 2 to the Schedule 13D,
on February 18, 1998, Newco commenced the Offer. Pursuant to the Stock
Option Agreement disclosed on Amendment No. 2 to the Schedule 13D, the
Filing Parties agreed to tender all Shares beneficially owned by them in
the Offer. At various times between the commencement of the Offer on
February 18, 1998, and the expiration of the Offer at midnight on May 19,
1998, the Filing Parties tendered all Shares beneficially owned by them
into the Offer. On May 20, 1998, Newco and Wolters Kluwer accepted for
payment and purchased all Shares tendered into the Offer by the Filing
Parties, as well as all other Shares validly tendered into the Offer, for
$39.00 per Share in cash.
(d) Not applicable.
(e) Each of the Filing Parties ceased to be the beneficial owner of
more than five percent of the Shares at 12:01 a.m. on May 20, 1998.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
4
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: May 22, 1998
/s/ Dr. Michael Urban
-------------------------------
Dr. Michael Urban
Date: May 22, 1998
/s/ William M. Passano, Jr.
-------------------------------
William M. Passano, Jr.
Date: May 22, 1998
/s/ Dr. Michael Urban
-------------------------------
Dr. Michael Urban
/s/ William M. Passano, Jr.
-------------------------------
William M. Passano, Jr.
Voting Trustees under the
Urban Voting Trust Agreement
dated April 20, 1990
