SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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. 1)
Carlyle Industries, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
143093102
(CUSIP Number)
Jay Y. Sung
245 Park Avenue
New York, New York 10167
212-692-1978
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 15, 2000
(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 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.
(Continued on following pages)
(Page 1 of 5 Pages)
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CUSIP No. 143093102 Schedule 13D Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert A. Levinson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF (see Item 3 below)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
U.S.A.
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NUMBER OF 7 SOLE VOTING POWER
SHARES
1,921,112
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
0
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EACH REPORTING 9 SOLE DISPOSITIVE POWER
1,921,112
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PERSON WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,921,112
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.8%
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14 TYPE OF REPORTING PERSON*
IN
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CUSIP No. 143093102 Schedule 13D Page 3 of 5 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Swenvest Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* AF (see Item 3 below)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
New York
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NUMBER OF 7 SOLE VOTING POWER
SHARES
1,633,419
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING
1,633,419
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PERSON WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,633,419
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.7 %
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14 TYPE OF REPORTING PERSON*
CO
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Page 4 of 5
AMENDMENT NO. 1 TO SCHEDULE 13D
This Amendment No. 1 to Schedule 13D supplements and amends
the statement on Schedule 13D (the "Schedule 13D") originally filed on March 31,
2000, by Swenvest Corporation, a New York Corporation ("Swenvest") and by Robert
A. Levinson ("Mr. Levinson") with respect to shares of common stock, par value
$0.01 per share ("Carlyle Common Stock") of Carlyle Industries, Inc.
("Carlyle"). Unless otherwise indicated, all capitalized terms used herein but
not defined herein shall have the same meaning as set forth in the Schedule 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATIONS.
Item 3 of the Schedule 13D is hereby amended and supplemented
by adding thereto the following:
The source of funds for the acquisition of 786,463 shares of
Carlyle Common Stock (the "Shares") by Swenvest (see Item 5(c) below) was the
private funds of Mr. Levinson (in the form of a loan to Swenvest).
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 of the Schedule 13D is hereby amended and supplemented
by adding thereto the following:
The purpose of the purchase by Swenvest of the Shares pursuant
to the Purchase Agreement was for investment purposes only.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Schedule 13D is hereby amended and supplemented
by adding thereto the following:
(a) As of the date hereof and based upon a total of 13,934,858
shares of Carlyle Common Stock outstanding as reported on the Issuer's most
recently filed 10-K for the fiscal year ended December 31, 1999, (i) Swenvest
beneficially owns in the aggregate 1,633,419 shares of Carlyle Common Stock,
representing approximately 11.7% of outstanding Carlyle Common Stock and (ii)
Mr. Levinson may be deemed to be the beneficial owner of an aggregate 1,921,112
shares of Carlyle Common Stock, representing approximately 13.8 % of outstanding
Carlyle Common Stock, consisting of the following: 1,633,419 shares of Carlyle
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Page 5 of 5
Common Stock as the sole shareholder of Swenvest; 75,000 shares of Carlyle
Common Stock held by three trusts for the benefit of Mr. Levinson's children;
165,693 shares of Carlyle Common Stock that Mr. Levinson, in fact, owns; and
options to purchase an additional 47,000 shares of Carlyle Common Stock, which
are exercisable within 60 days. Mr. Levinson disclaims the 75,000 shares of
Carlyle Common Stock held by three trusts for the benefit of Mr. Levinson's
children. Mr. Levinson is co-trustee of such trusts.
(c) Pursuant to the Purchase Agreement*, Swenvest acquired an
additional 786,463 shares of Carlyle Common Stock at a purchase price of $1.00
per share on March 15, 2000.
This statement is filed on behalf of Swenvest and Mr. Levinson.
*Previously filed as Exhibit A to the Schedule 13D.
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: March 29, 2000
/s/ Robert A. Levinson
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Robert A. Levinson
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: March 29, 2000
SWENVEST CORPORATION
By: /s/ Robert A. Levinson
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Robert A. Levinson, President
