UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
Insituform Technologies, Inc.
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(Name of Issuer)
Class A Common Stock, $0.01 par value per share
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(Title of Class of Securities)
457667103
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(CUSIP Number)
Janet T. Geldzahler
Sullivan & Cromwell
1701 Pennsylvania Ave., N.W., Washington, D.C. 20006
(202) 956-7515
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 2, 2000
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(Date of Event which Requires Filing of this Statement)
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SCHEDULE 13D
CUSIP NO. 457667103 PAGE 2 OF PAGES
-------------------- ------------ -------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Interstate Properties
22-1858622
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_|
(B) |X|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
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7 SOLE VOTING POWER
1,316,072
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 1,316,072
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,316,072
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.3%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
This Amendment No. 2 to the Schedule 13D of Interstate Properties
("Interstate") with respect to the Class A Common Stock, par value $0.01 per
share (the "Shares") of Insituform Group Technologies, a Delaware corporation
(the "Company") amends such Schedule 13D as follows:
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a) As of the close of business on May 5, 2000, Interstate owned in the
aggregate 1,316,072 Shares, which constitutes approximately 5.3% of the
outstanding Shares, based on 24,714,084 of such Shares outstanding as of April
6, 2000, according to the Company's Proxy Statement for the 2000 Annual Meeting.
In addition, Mr. Wight owns 4,672 Shares, a foundation controlled by Mr. Wight
owns 2,991 Shares and Mr. Roth owns 10,000 Shares. Interstate disclaims any
beneficial ownership of Mr. Wight's, the foundation's or Mr. Roth's Shares.
(b) Interstate has the sole power to vote and dispose of the 1,316,072
Shares held by it. Each of Mr. Wight and Mr. Roth has the sole power to vote and
to dispose of the Shares held by him and Mr. Wight has the sole power to vote
and dispose of the foundation's Shares.
Annex 1 hereto sets forth the transactions engaged in by Interstate in
the past 60 days in the open market.
-3-
<PAGE>
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: May 8, 2000
By: /s/ Steven Roth
---------------------------------------
Steven Roth
General Partner
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ANNEX 1
AMOUNT PRICE
3/31/00 5,000 30 11/16
3/31/00 5,000 30 7/8
3/31/00 5,000 31
3/31/00 5,000 31 1/8
3/31/00 5,000 31 1/4
4/3/00 5,000 31 3/8
4/3/00 5,000 31 1/2
4/3/00 5,000 31 5/8
4/3/00 5,000 31 3/4
4/4/00 5,000 31 7/8
4/4/00 5,000 32
4/4/00 5,000 32 1/8
4/4/00 5,000 32 1/4
4/4/00 5,000 32 3/8
4/4/00 5,000 32 5/8
4/4/00 2,000 32 3/4
4/5/00 6,100 32 7/8
4/5/00 5,100 32 13/16
4/5/00 200 33 7/16
4/5/00 4,800 33 1/4
4/5/00 5,000 33 3/8
4/5/00 5,000 33 1/2
4/5/00 1,800 32 3/4
4/5/00 5,000 33
4/5/00 5,000 33 1/8
4/5/00 5,000 33 5/8
4/5/00 3,600 33 3/4
4/6/00 5,000 32 7/8
4/07/00 2,000 31 15/16
4/10/00 2,000 33 3/8
4/10/00 1,000 33 1/2
4/10/00 1,000 33 5/8
4/10/00 1,000 33 3/4
4/10/00 5,000 33 7/8
4/10/00 5,000 34
4/10/00 1,000 34 7/16
4/10/00 100 34 1/4
4/10/00 9,800 34 1/2
4/10/00 4,100 34 3/4
4/10/00 5,000 34 3/8
4/10/00 5,000 34 5/8
4/10/00 5,000 34 3/4
4/10/00 5,000 34 7/8
4/10/00 5,000 35
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PAGE 2
AMOUNT PRICE
4/11/00 5,200 35 1/4
4/11/00 6,600 35 3/8
4/11/00 400 35 7/16
4/11/00 2,200 35 1/2
4/12/00 5,000 35 5/8
4/12/00 5,000 35 3/4
4/12/00 5,000 35 7/8
4/12/00 5,000 36
4/12/00 5,000 36 1/8
4/12/00 5,000 36 3/8
4/12/00 5,000 36 5/8
4/12/00 8,000 36 3/4
4/12/00 4,000 36 7/8
4/13/00 5,000 37 1/8
4/13/00 4,800 37 3/8
4/13/00 200 37 3/4
4/13/00 5,000 37 1/2
4/13/00 5,000 37 5/8
4/14/00 2,000 35 3/4
4/25/00 5,000 33 5/8
4/25/00 500 33 7/8
4/26/00 4,500 33 7/8
4/26/00 100 34 3/16
4/26/00 200 34 3/8
4/26/00 4,700 34 1/8
4/27/00 1,600 33 5/8
5/1/00 3,400 33 5/8
5/1/00 5,000 33 7/8
5/1/00 5,000 34 1/8
5/1/00 1,300 34 3/8
5/2/00 3,700 34 3/8
5/2/00 5,000 34 5/8
5/2/00 5,000 34 7/8
5/2/00 5,000 35 1/8
5/2/00 400 35 7/16
5/2/00 4,600 35 3/8
5/4/00 5,000 34 7/8
5/4/00 5,000 35 1/8
5/5/00 5,000 35 1/8
5/5/00 5,000 35 3/8
