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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO 13d-2(a) *
VERMONT PURE HOLDINGS, LTD.
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(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
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(Title of Class of Securities)
924237100
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(CUSIP Number)
Vermont Pure Holdings, Ltd. Brian Keeler, Esq.
Route 66, P.O. Box C Bingham Dana LLP
Catamount Industrial Park 150 Federal Street
Randolph, VT 05060 Boston, MA 02110
(802) 728-6000 (617) 951-8000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
OCTOBER 5, 2000
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(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.
(Continued on the following pages)
(Page 1 of 5 Pages)
- -
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* 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 ("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).
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CUSIP No. 924237100 13D Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Peter K. Baker
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
Not Applicable. [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
2,871,289 - 14.2% (See Item 5)
NUMBER OF --------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None.
EACH --------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
2,871,289 - 14.2% (See Item 5)
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10 SHARED DISPOSITIVE POWER
None.
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,871,289 (See Item 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
Not Applicable.
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.2% (See Item 5)
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP No. 924237100 13D Page 3 of 5 Pages
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ITEM 1. SECURITY AND ISSUER:
The class of equity securities to which this statement relates is Common
Stock of Vermont Pure Holdings, Ltd., par value $0.001 per share ("Common
Stock").
The following is the name and address of the principal executive offices of
the issuer of the shares of Common Stock:
Vermont Pure Holdings, Ltd.
Route 66, P.O. Box C
Catamount Industrial Park
Randolph, VT 05060
ITEM 2. IDENTITY AND BACKGROUND:
(a) The name of the person filing is Mr. Peter K. Baker (the "Reporting
Person").
(b) The address of the Reporting Person is at Route 66, P.O. Box C, Catamount
Industrial Park, Randolph, VT 05060.
(c) The present principal occupation of the Reporting Person is President of
Vermont Pure Holdings, Ltd., a bottled water manufacturer with a principal
place of business at Route 66, P.O. Box C, Catamount Industrial Park,
Randolph, VT 05060.
(d) The Reporting Person has not, during the last five years, been convicted in
a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Person has not been, during the last five years, a party to
any civil proceeding of a judicial or administrative body of competent
jurisdiction and is not and has not been subject to any judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, Federal or State securities laws and has not been
found to be in violation of any such laws.
(f) The Citizenship of the Reporting Person is the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
The Reporting Person received an aggregate of 2,871,289 shares of Common
Stock of Vermont Pure Holdings, Ltd. in partial consideration for the Reporting
Person's transfer to Vermont Pure Holdings, Ltd. of 426 shares of Common Stock
of Crystal Rock Spring Water Company pursuant to the Agreement and Plan of
Merger and Contribution, dated as of May 5, 2000, by and among the Reporting
Person, Vermont Pure Holdings, Ltd. and certain others, as amended (the "Merger
Agreement"). For the Purposes of the Merger Agreement, such shares were deemed
to have a value of $3.15 per share.
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CUSIP No. 924237100 13D Page 4 of 5 Pages
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ITEM 4. PURPOSE OF TRANSACTION:
The Reporting Person acquired securities of Vermont Pure for investment
purposes and has no plans or proposals of the type for which disclosure is
required pursuant to this item.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER:
The Reporting Person owns beneficially 2,871,289 shares of Common Stock,
representing approximately 14.2% of the outstanding shares of Common Stock of
Vermont Pure Holdings, Ltd. The Reporting Person has sole power to vote and
dispose of such shares.
The Reporting Person engaged in no transaction, other than the transactions
disclosed on this Schedule 13D, in the securities of Vermont Pure Holdings, Ltd.
during the 60 days prior to the date of this Schedule 13D. No person other than
the Reporting Person has the right to receive or the power to direct the receipt
of dividends from, or the proceeds from, the sale of the shares of Common Stock
of Vermont Pure Holdings, Ltd. reported on this Schedule 13D.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER:
As described in further detail in Item 3, the Reporting Person received
shares of Common Stock of Vermont Pure Holdings, Ltd. in partial consideration
for the Reporting Person's transfer to Vermont Pure Holdings, Ltd. of 426 shares
of Common Stock of Crystal Rock Spring Water Company pursuant to the Merger
Agreement. In connection with the Merger Agreement, the Reporting Person
executed a Lock-Up Agreement pursuant to which the Reporting Person agreed not
to sell any shares for a period of one year following the Merger Agreement.
However, the Lock-Up Agreement permits transfers to family members or family
trusts or partnerships, as well as the transfer of up to an aggregate of 200,000
shares of Common Stock in one or more private transactions to persons or
companies that do not compete with Vermont Pure Holdings, Ltd., in each case so
long as any such transferee agrees to be bound by the terms of the Lock-Up
Agreement.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
The following exhibit is incorporated by reference from Exhibit N to
Appendix A filed as to the Proxy Statement on Schedule 14A of Vermont Pure
Holdings, Ltd. filed September 8, 2000.
Exhibit A Lock-Up Agreement
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CUSIP No. 924237100 13D Page 5 of 5 Pages
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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.
10/16/00
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(Date)
/s/ Peter K. Baker
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Peter K. Baker
