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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)
Saucony, Inc.
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(Name of Issuer)
Class A Common Stock, $.33 1/3 par value per share
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(Title of Class of Securities)
448632109
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(CUSIP Number)
PooRoo LLC, 29 Orne Street
Marblehead, MA 01945 (978) 532-9000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 26, 1999
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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 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 9 Pages)
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(1) 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 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. 448632109 13D Page 2 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PooRoo LLC
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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*
OO (gift of securities)
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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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7. SOLE VOTING POWER
382,472
NUMBER OF ---------------------------------------------------------
SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON
WITH 382,472
---------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,472
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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)
14.1%
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14. TYPE OF REPORTING PERSON*
OO (limited liability company)
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 448632109 13D Page 3 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PooRoo,Inc.
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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*
OO (gift of securities)
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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
Massachusetts
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7. SOLE VOTING POWER
382,472
NUMBER OF ---------------------------------------------------------
SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON
WITH 382,472
---------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,472
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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)
14.1%
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14. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 448632109 13D Page 4 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
John H. Fisher
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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*
OO (gift of securities)
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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
U.S.A.
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7. SOLE VOTING POWER
307,129
NUMBER OF ---------------------------------------------------------
SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 293,161
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON
WITH 307,129
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10. SHARED DISPOSITIVE POWER
293,161
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
600,290
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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)
22.2%
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14. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 448632109 13D Page 5 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Charles A. Gottesman and Merrill F. Gottesman
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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*
OO (gift of securities)
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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
U.S.A.
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7. SOLE VOTING POWER
315,014
NUMBER OF ---------------------------------------------------------
SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 285,276
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON
WITH 315,014
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10. SHARED DISPOSITIVE POWER
285,276
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
600,290
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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)
22.2%
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14. TYPE OF REPORTING PERSON*
OO (limited liability company)
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 448632109 13D Page 6 of 9 Pages
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ITEM 1. SECURITY AND ISSUER
This Schedule 13D relates to shares of Class A Common Stock, $0.33-1/3
par value per share ("Common Stock"), of Saucony, Inc., a Massachusetts
corporation (the "Company"). The principal executive offices of the Company are
located at 13 Centennial Drive, Peabody, Massachusetts 01960.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed by PooRoo LLC, a Delaware limited liability
company, PooRoo, Inc., a Massachusetts S corporation and managing member of
PooRoo LLC, John H. Fisher, Charles A. Gottesman and Merrill F. Gottesman. The
principal executive offices of PooRoo LLC and PooRoo, Inc. are located at 29
Orne Street, Marblehead, Massachusetts 01945. PooRoo LLC and PooRoo, Inc. were
recently formed for the sole purpose of acquiring the Shares (as defined below).
John H. Fisher is President and Director of PooRoo, Inc., and has a 50%
membership interest in PooRoo LLC. Merrill F. Gottesman is Treasurer, Clerk and
Director of PooRoo, Inc., and has a 50% membership interest in PooRoo LLC. John
H. Fisher is Merrill F. Gottesman's brother. Charles A. Gottesman and Merrill F.
Gottesman are married.
During the last five years, none of PooRoo LLC, PooRoo, Inc., John H.
Fisher, Charles A. Gottesman or Merrill F. Gottesman has been (i) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
(ii) 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
On February 26, 1999, Phyllis H. Fisher made a bona fide gift of 382,472
shares (the "Shares") of Common Stock to PooRoo LLC, the managing member of
which is PooRoo, Inc. John H. Fisher is President and Director of PooRoo, Inc.,
and has a 50% membership interest in PooRoo LLC. Merrill F. Gottesman is
Treasurer, Clerk and Director of PooRoo, Inc., and has a 50% membership interest
in PooRoo LLC. John H. Fisher is Merrill F. Gottesman's brother. Charles A.
Gottesman and Merrill F. Gottesman are married. John H. Fisher and Merrill F.
Gottesman are children of Phyllis H. Fisher.
ITEM 4. PURPOSE OF TRANSACTION
Phyllis H. Fisher distributed the Shares in connection with her personal
estate planning.
The distribution of the Shares does not signify any change in the
management of the Company. None of PooRoo LLC, PooRoo, Inc., John H. Fisher,
Charles A. Gottesman or Merrill F. Gottesman presently has under consideration
any plans or proposals with respect to the Company which relate to or might
result in (i) an extraordinary transaction, such as a merger, reorganization or
liquidation involving the Company, (ii) the sale or transfer of a material
amount of the Company's assets, (iii) any change in the Company's present Board
of Directors or management, (iv) any material change in the present
capitalization or dividend policy of the Company, (v) any other material change
in the Company's business or corporate structure, (vi) any changes in the
Company's charter or by-laws or other actions which, if control were to become
obtainable through the purchase of shares of Common Stock, may impede the
acquisition of control of the Company by any person, (vii) causing a class of
securities of the Company to cease to be authorized to be quoted in an
interdealer quotation system of a registered national securities association,
(viii) causing a class of equity securities of the Company to become eligible
for termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended, or (ix) any similar action.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
PooRoo LLC is the direct owner of 382,472 shares of Common Stock.
PooRoo, Inc. is the managing member of PooRoo LLC and as a result is deemed to
have an indirect interest in and the power to direct the vote and disposition of
the 382,472 shares held by PooRoo LLC.
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CUSIP No. 448632109 13D Page 7 of 9 Pages
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John H. Fisher is the direct owner of 307,129 shares for which he
exercises sole investment and voting power. Of the remaining 293,161 shares,
191,236 shares are held by PooRoo LLC of which each of Mr. Fisher and his
sister, Merrill F. Gottesman, has a 50% membership interest and shares
investment and voting power; 83,410 shares are held in trust for the benefit of
Mr. Fisher for which Mr. Fisher and Merrill F. Gottesman are trustees and share
investment and voting power; 1,333 shares are held by Mr. Fisher's daughter for
which Mr. Fisher exercises sole investment and voting power; and 10,800 shares
are held in a generation skipping trust for which Mr. Fisher exercises sole
voting and investment power. The number of shares beneficially owned by Mr.
Fisher does not include (i) 191,236 shares held by PooRoo LLC of which each of
Mr. Fisher and Merrill F. Gottesman has a 50% membership interest and shares
investment and voting power and as to which Mr. Fisher disclaims beneficial
ownership, and (ii) 83,410 shares held in trust for the benefit of Merrill F.
Gottesman for which Mr. Fisher and Merrill F. Gottesman are trustees and share
investment and voting power and as to which Mr. Fisher disclaims beneficial
ownership.
Charles A. Gottesman is the direct owner of 97,481 shares for which he
exercises sole investment and voting power. Merrill F. Gottesman is the direct
owner of 217,533 shares for which she exercises sole investment and voting
power. Of the remaining 285,276 shares, 191,236 shares are held by PooRoo LLC of
which each of Mrs. Gottesman and her brother, John H. Fisher, has a 50%
membership interest and shares investment and voting power; 83,410 shares are
held in trust for the benefit of Mrs. Gottesman for which Mrs. Gottesman and
John H. Fisher are trustees and share investment and voting power; 2,666 shares
are held by Mr. and Mrs. Gottesman's daughters for which Mr. and Mrs. Gottesman
exercise shared investment and voting power; and 7,964 shares are held in trust
for the benefit of Mr. and Mrs. Gottesman's daughters for which Merrill F.
Gottesman is the trustee and exercises sole investment and voting power. The
number of shares beneficially owned by Mr. and Mrs. Gottesman does not include
(i) 191,236 shares held by PooRoo LLC of which each of Mrs. Gottesman and John
H. Fisher has a 50% membership interest and shares investment and voting power
and as to which Mrs. Gottesman disclaims beneficial ownership, and (ii) 83,410
shares held in trust for the benefit of John H. Fisher for which Mrs. Gottesman
and John H. Fisher are trustees and share investment and voting power and as to
which Mrs. Gottesman disclaims beneficial ownership.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 -- Agreement as to Joint Filing of Schedule 13D.
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CUSIP No. 448632109 13D Page 8 of 9 Pages
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SIGNATURES
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.
POOROO LLC
By: PooRoo, Inc.
Managing Member
March 2, 1999 By: /s/ John H. Fisher
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John H. Fisher
President
POOROO, INC.
March 2, 1999 By: /s/ John H. Fisher
-------------------------------------
John H. Fisher
President
March 2, 1999 /s/ John H. Fisher
-----------------------------------------
John H. Fisher
March 2, 1999 /s/ Charles A. Gottesman
---------------------------------------
Charles A. Gottesman
March 2, 1999 /s/ Merrill F. Gottesman
----------------------------------------
Merrill F. Gottesman
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CUSIP No. 448632109 13D Page 9 of 9 Pages
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EXHIBIT INDEX
EXHIBIT DESCRIPTION
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1 Agreement as to Joint Filing of Schedule 13D.
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EXHIBIT 1
AGREEMENT AS TO JOINT FILING OF SCHEDULE 13D
Each of the undersigned hereby affirms that he, she or it is
individually eligible to use Schedule 13D, and agrees that this Schedule 13D is
filed on his, her or its behalf.
Date: March 2, 1999
POOROO LLC
By: PooRoo, Inc.
Managing Member
By: /s/ John H. Fisher
-------------------------------------
John H. Fisher
President
POOROO, INC.
By: /s/ John H. Fisher
-------------------------------------
John H. Fisher
President
/s/ John H. Fisher
-----------------------------------------
John H. Fisher
/s/ Charles A. Gottesman
---------------------------------------
Charles A. Gottesman
/s/ Merrill F. Gottesman
----------------------------------------
Merrill F. Gottesman
