|
|
|
|
|
|
|
|
|
|
|
|
|
<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
DREYER'S GRAND ICE CREAM, INC.
(Name of Issuer)
COMMON STOCK, $1.00 PAR VALUE
(Title of Class of Securities)
26187810
(CUSIP Number)
James H. Ball, Esq. with a copy to:
Senior Vice President, Secretary Mary Ellen Kanoff, Esq.
and General Counsel Latham & Watkins
Nestle Holdings, Inc. 633 West Fifth Street
c/o Nestle USA, Inc. Suite 4000
800 North Brand Boulevard Los Angeles, California 90071
Glendale, California 91203 (213) 485-1234
(818) 549-6539
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 5, 1997
(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 [ ].
Check the following box if a fee is being paid with the statement. [ ]
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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
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).
Page 1 of 5 Pages
<PAGE> 2
SCHEDULE 13D
- -------------------------------------------------
CUSIP No. 26187810
- -------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF PERSON
NESTLE HOLDINGS, INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
5,056,008
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
--------------------------------------------
8 SHARED VOTING POWER
0
--------------------------------------------
9 SOLE DISPOSITIVE POWER
5,056,008
--------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
5,056,008
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [ ]
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.9%
- --------------------------------------------------------------------------------
14 TYPE OF PERSON REPORTING*
CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT
Page 2 of 5 Pages
<PAGE> 3
SCHEDULE 13D
- -------------------------------------------------
CUSIP No. 26187810
- -------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF PERSON
NESTLE S.A.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
SWITZERLAND
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
5,056,008
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
--------------------------------------------
8 SHARED VOTING POWER
0
--------------------------------------------
9 SOLE DISPOSITIVE POWER
5,056,008
--------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
5,056,008
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.9%
- --------------------------------------------------------------------------------
14 TYPE OF PERSON REPORTING*
CO
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT
Page 3 of 5 Pages
<PAGE> 4
This Amendment No. 4 amends the Schedule 13D previously filed
by Nestle Holdings, Inc., a Delaware corporation ("Holdings") and Nestle S.A., a
corporation organized under the laws of Switzerland ("Nestle") on May 16, 1994,
as amended and restated by Amendment No. 1 to Schedule 13D filed on June 14,
1994, as amended by Amendment No. 2 to Schedule 13D filed on October 5, 1995 and
as amended by Amendment No. 3 to Schedule 13D filed on April 5, 1995 (as so
amended, the "Schedule 13D"), and relates to the shares of Common Stock, $1.00
par value per share (the "Shares"), of Dreyer's Grand Ice Cream, Inc., a
Delaware corporation (the "Issuer").
ITEM 2. IDENTITY AND BACKGROUND.
The third paragraph of Item 2 of the Schedule 13D is amended
and restated in its entirety as follows:
For information with respect to the identity and background of
(i) each executive officer and director of Holdings and (ii) each executive
officer and director of Nestle, see Schedule I hereto.
ITEM 3. PURPOSE OF TRANSACTION.
Item 4 of the Schedule 13D is hereby amended to add the
following:
Pursuant to its rights under the Purchase Agreement (as
defined in the Schedule 13D), Holdings nominated, and the Issuer's Board of
Directors elected, Steven Langman to the Issuer's Board of Directors on March 5,
1997.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated in its entirety as
follows:
(a) On March 10, 1997, the Issuer informed Holdings that as
of such date, there were 13,388,100 Shares outstanding. Based on this number,
Holdings, as of March 10, 1997, beneficially owned 5,056,008 Shares, or
approximately 32.9% of the Issuer's outstanding Shares (assuming that the
2,000,000 Warrant Shares (as defined in the Schedule 13D) have been issued).
Nestle may be deemed to beneficially own the 5,056,008 Shares beneficially owned
by Holdings due to the fact that Holdings is a wholly owned subsidiary of
Nestle.
(b) Holdings has the sole power to vote or to direct the
vote, and to dispose or to direct the disposition of, the Shares beneficially
owned by it. Nestle may be deemed to have the sole power to vote or direct the
vote, and to dispose or direct the disposition of, the Shares beneficially owned
by Holdings due to the fact that Holdings is a wholly owned subsidiary of
Nestle.
(c) Not applicable
(d) Holdings has the right to receive and the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
Shares beneficially owned by it. Nestle may be deemed to have the right to
receive and the power to direct the receipt of dividends from, or the proceeds
from the sale of, the Shares beneficially owned by Holdings due to the fact
that Holdings is a wholly owned subsidiary of Nestle.
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF ISSUER.
Item 6 of the Schedule 13D is hereby amended to add the
following:
Pursuant to the Rogers Right of First Refusal Agreement (as
defined in the Schedule 13D), the University of California, Berkeley Foundation
agreed with Holdings, as of March 3, 1997, to be bound to the terms and
conditions of the Rogers Right of First Refusal Agreement with respect to 3,616
Shares transferred to it by T. Gary Rogers and/or his affiliates.
Page 4 of 5 Pages
<PAGE> 5
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
NESTLE HOLDINGS, INC.
By: \s\ James H. Ball
-------------------------------------------------
Name: James H. Ball
Title: Senior Vice President and General
Counsel
NESTLE S.A.
By: \s\ James H. Ball
-------------------------------------------------
James H. Ball, attorney-in-fact for
Name: H.P. Frick
Title: Senior Vice President and
General Counsel of Nestle S.A.
Dated: March 12, 1997
Page 5 of 5 Pages
<PAGE> 6
SCHEDULE I
NESTLE HOLDINGS, INC.
EXECUTIVE OFFICERS AND DIRECTORS
<TABLE>
<CAPTION>
Name Present Business Address Present Principal Occupation Citizenship
- ---- ------------------------ ---------------------------- -----------
Executive Officers
- ------------------
<S> <C> <C> <C>
Carlos E. Represas Nestle S.A. Chairman of Board Mexico
Avenue Nestle 55
CH-1800 Vevey
Switzerland
Joseph M. Weller Nestle Holdings, Inc. Chief Executive Officer and President United States
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
Peter D. Argentine Nestle Holdings, Inc. Senior Vice President, Finance United States
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
James H. Ball Nestle Holdings, Inc. Senior Vice President, General Counsel and United States
c/o Nestle USA, Inc. Secretary
800 North Brand Boulevard
Glendale, CA 91203
Alexander Spitzer Nestle Holdings, Inc. Senior Vice President, Taxes United States
Five High Ridge Pk.
Stamford, CT 06905
E. Simon Jones Nestle Holdings, Inc. Vice President, Texas United Kingdom
Five High Ridge Pk.
Stamford, CT 06905
Manfred R. Lehmann Nestle Holdings, Inc. Vice President and Treasurer Switzerland/
Five High Ridge Pk. United States
Stamford, CT 06905
Kimberly A. Lund Nestle Holdings, Inc. Vice President and Controller United States
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
Mark E. Siegal Nestle Holdings, Inc. Vice President, Taxes United States
Five High Ridge Pk.
Stamford, CT 06905
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
Directors
- ---------
<S> <C> <C> <C>
Carlos E. Represas Nestle S.A. Chairman of Board Mexico
Avenue Nestle 55
CH-1800 Vevey
Switzerland
Joseph M. Weller Nestle Holdings, Inc. Chief Executive Officer and President United States
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
Mario A. Corti Nestle Holdings, Inc. Director Switzerland
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
Robert D. Carpenter Nestle S.A. Director United States
Avenue Nestle 55
CH-1800 Vevey
Switzerland
Peter D. Argentine Nestle Holdings, Inc. Senior Vice President, Finance United States
c/o Nestle USA, Inc.
800 North Brand Boulevard
Glendale, CA 91203
</TABLE>
<PAGE> 8
NESTLE, S.A.
EXECUTIVE OFFICERS AND DIRECTORS
<TABLE>
<CAPTION>
Name Present Business Address Present Principal Occupation Citizenship
- ---- ------------------------ ---------------------------- -----------
Executive Officers
- ------------------
<S> <C> <C> <C>
Helmut Maucher Nestle S.A. Chairman and Chief Executive Officer Germany
En Bergere
CH-1800 Vevey
Switzerland
Peter Brabeck Nestle S.A. Executive Vice President Austria
Avenue Nestle 55
CH-1800 Vevey
Switzerland
Mario A. Corti Nestle S.A. Executive Vice President Switzerland
Avenue Nestle 55 Finance/Control
CH-1800 Vevey
Switzerland
Jose Daniel Nestle S.A. Executive Vice President Spain
Avenue Nestle 55 Pharma & Cosmetics
CH-1800 Vevey Human Resources
Switzerland Center Administration
Michael W.O. Garrett Nestle S.A. Executive Vice President Austria/
Avenue Nestle 55 Zone 2 AOA United Kingdom
CH-1800 Vevey
Switzerland
Rupert Gasser Nestle S.A. Executive Vice President Switzerland/
Avenue Nestle 55 Strategic Business Group 1 Austria
CH-1800 Vevey
Switzerland
Robert Raeber Nestle S.A. Executive Vice President Switzerland
Avenue Nestle 55 Zone EUR
CH-1800 Vevey
Switzerland
Carlos E. Represas Nestle S.A. Executive Vice President Mexico
Avenue Nestle 55 Zone AMS
CH-1800 Vevey
Switzerland
B.E. Suter Nestec S.A. Executive Vice President of Nestle Ltd. Switzerland
Avenue Nestle 55 Research & Development
CH-1800 Vevey
Switzerland
Philippe H. Veron Nestle S.A. Executive Vice President France
Avenue Nestle 55 Strategic Business Group 2
CH-1800 Vevey
Switzerland
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
Directors
- ---------
<S> <C> <C> <C>
Helmut Maucher Nestle S.A. Chairman and Chief Executive Officer of Germany
En Bergere Nestle S.A.
CH-1800 Vevey
Switzerland
Peter Bockli Bockli & Thomann Law Professor and Lawyer at Bockli & Switzerland
Case postale 2348 Thomann
CH-4002 Basel
Switzerland
George Blum Societe de Banque Suisse Chairman of the Board of Societe de Banque Switzerland
Aeschenplatz 6 Suisse
CH-4002 Bale
Reto F. Domeniconi Clos des Mesanges Retired Switzerland
Ch. de Sainte-Croix 13
CH-1807 Blonay
Arthur Dunkel 6-4 Boulevard du Theatre Professor and Switzerland
CH-1024 Geneve Consultant
Fritz Gerber Roche Holding S.A. Chairman of the Board Switzerland
P.O. Box of Roche Holding S.A.
CH-4002 Bale
Rainer E. Gut Credit Suisse Chairman of the Board of Credit Suisse Switzerland
CH-8070 Zurich
Switzerland
Fritz Leutwiler Leutwiler and Partner AG President of Leutwiler and Partner AG Switzerland
Genferstrasse 2
CH-8002 Zurich
Switzerland
Jean-Pierre Meyers L'Oreal Director of L'Oreal France
41, Rue Matre
F-92117 Clichy-Cedex
France
David de Pury de Pury, Pictet, Partner of de Pury, Switzerland
Turretini & Cie, S.A. Pictet, Turretini & Cie, S.A.
P.O. Box 8242
8050 Zurich
Lucia Santa Cruz-Sutil Chilean Catholic University of Santiago Professor of Modern History at Chilean Chile
de Chile Catholic University of Santiago de Chile
El Rincon 12334
La Dehesa
Santiago de Chile
Stephan Schmidheiny Anova Holding S.A. Chairman of the Board of Anova Holding Switzerland
Hurdnerstrasse 10 S.A.
CH-8640 Hurden
Switzerland
Vreni Spoerry Claridenstrasse 3 Vice President Schwitzer Verband Switzerland
CH-8810 Horgen Volksdienst
Switzerland Member of Swiss Parliment
Robert Studer U.B.S. Group President of the U.B.S. Group Switzerland
Bahnhofstasse 45
CH-8001 Zurich
Switzerland
Paul A. Volcker James D. Wolfensohn Inc. President of James D. Wolfensohn Inc. United States
599 Lexington Avenue
New York, N.Y. 10022
</TABLE>
|
|