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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(AMENDMENT NO. 3)
Under the Securities Exchange Act of 1934
ALLIANT TECHSYSTEMS INC.
(Name of Issuer)
Common Stock
(Title of Class and Securities)
427056 10 6
(CUSIP Number of Class of Securities)
Israel J. Floyd, Esquire
Corporate Secretary and Assistant General Counsel
Hercules Plaza
1313 North Market Street
Wilmington, Delaware 19894-0001
Telephone: 302-594-5000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 6, 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: [ ]
Check the following box if a fee is being paid with this statement: [ ]
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
HERCULES INCORPORATED
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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
N/A
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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
Delaware
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NUMBER OF (7) SOLE VOTING POWER
SHARES 542,000
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH (9) SOLE DISPOSITIVE POWER
REPORTING 542,000
PERSON WITH (10) SHARED DISPOSITIVE POWER
(0)
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
542,000
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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
4.1
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(14) TYPE OF REPORTING PERSON
CO
ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock, par value $.01 per
share (the "Common Stock"), of Alliant Techsystems Inc., a Delaware corporation
("Alliant" or the "Issuer"). The address of the principal executive offices of
the Issuer is 600 Second Street N.E., Hopkins, Minnesota 55343-8384.
ITEM 2. IDENTITY AND BACKGROUND.
This statement is filed on behalf of Hercules Incorporated, a
Delaware corporation ("Hercules" or the "Reporting Person"). Hercules is a
diversified, worldwide producer of chemicals and related products.
The name, business address and present principal occupation or
employment, and the name, principal business and address of any corporation or
other organization in which such employment is conducted, of the Reporting
Person, as well as any executive officer and director of the Reporting Person,
are set forth below.
Present Principal
Occupation or
Filing Person Employment;
Business Address Citizenship
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R. Keith Elliott Chairman and Chief Executive Officer
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
Vincent J. Corbo President & Chief Operating Officer
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
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George MacKenzie Senior Vice President and
Hercules Incorporated Chief Financial Officer
Hercules Plaza USA
1313 North Market Street
Wilmington, DE 19894-0001
Richard G. Dahlen Vice President and General Counsel
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
Israel J. Floyd Corporate Secretary and
Hercules Incorporated Assistant General Counsel
Hercules Plaza USA
1313 North Market Street
Wilmington, DE 19894-0001
John M. Bondur Vice President, Human Resources
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
Dominick W. DiDonna Senior Vice President &
Hercules Incorporated International General Manager,
Hercules Plaza Paper Technology
1313 North Market Street USA
Wilmington, DE 19894-0001
Reid J. Frazier Senior Vice President and General Manager,
Hercules Incorporated Resins
Hercules Plaza USA
1313 North Market Street
Wilmington, DE 19894-0001
Vikram Jog Vice President and Controller
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
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Jan M. King Vice President and Treasurer
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
Robert E. Gallant Vice President, Investor Relations
Hercules Incorporated and Public Affairs
Hercules Plaza Canada
1313 North Market Street
Wilmington, DE 19894-0001
Harry J. Tucci Senior Vice President, Corporate Development
Hercules Incorporated USA
Hercules Plaza
1313 North Market Street
Wilmington, DE 19894-0001
Richard M. Fairbanks, III Director, USA
1800 K Street, NW, Suite 400
Washington, DC 20006-2202
Edith E. Holiday Director, USA
3239 38th Street, NW
Washington, DC 20016-3728
Robert G. Jahn Director, USA
Princeton University
D-334 Engineering Quadrangle
Princeton, NJ 08544-0001
Gaynor N. Kelley Director, USA
1448 Lake Shore Drive, North
Apartment 12 A/B
Chicago, IL 60610
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Ralph L. MacDonald, Jr. Director, USA
1890 South 14th Street
Suite 110
Amelia Island, FL 32034-4730
H. Eugene McBrayer Director, USA
4802 East Mercer Way
Mercer Island, WA 98040-4736
Peter McCausland Director, USA
P. O. Box 6675
Radnor, PA 19087-8675
Paula A. Sneed Director, USA
3 Lakes Drive
Northfield, IL 60093-9999
During the last five years, neither the Reporting Person nor any
person listed above has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors), nor has the Reporting Person or any
person listed above been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, Federal or
State securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Not applicable.
ITEM 4. PURPOSE OF TRANSACTION.
Not applicable.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) (b) Hercules beneficially owns 542,000 shares of Common Stock,
representing approximately 4.1% of the 13,182,100 shares of such class of
securities outstanding as of January 31, 1998. R. Keith Elliott, Chairman and
Chief Executive Officer of Hercules, owns 2,100 shares of the Issuer's common
stock; Vincent J. Corbo, President and Chief Operating Officer of Hercules, owns
600 shares of the Issuer's common stock; and Gaynor N. Kelley, director of
Hercules, owns 2,700 shares of the Issuer's common stock.
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(c) Pursuant to an agreement dated October 24, 1997, between the
Issuer and the Reporting Person, on May 6, 1998, the Issuer purchased from the
Reporting Person 271,000 shares of the Issuer's Common Stock at a price of
$55.35 per share. Between March 19, 1998 and May 13, 1998 R. Keith Elliott sold
1600 shares of the Issuer's Common Stock on the open market.
(d) Not applicable.
(e) May 6, 1998.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO THE SECURITIES OF THE ISSUER.
Pursuant to an agreement dated October 24, 1997, between the Issuer
and the Reporting Person, the Issuer and the Reporting Person may each exercise
a series of put and call options during 1998 in which the Issuer may repurchase
the shares of Common Stock owned by the Reporting Person. As of May 6, 1998, the
Reporting Person owns 542,000 shares.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
1. Agreement dated as of October 24, 1997, between Alliant and
Hercules Incorporated.
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: ______________________ HERCULES INCORPORATED
By:________________________________
Israel J. Floyd
Corporate Secretary and
Assistant General Counsel
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EXHIBIT INDEX
1. Agreement dated as of October 24, 1997, between Alliant Techsystems
Inc. and Hercules Incorporated (incorporated by reference to the
Reporting Person's Schedule 13D, Amendment No. 1, filed on December 12,
1997).
