UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------------------
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Masco Corporation
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $1.00 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
574599106
- --------------------------------------------------------------------------------
(CUSIP Number)
August 31, 1999
- --------------------------------------------------------------------------------
Date of Event Which Requires Filing of this Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
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>
SCHEDULE 13G FORMS
- --------------------------------------------------------------------------------
CUSIP No. 574599106 13G Page 2 of 11 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Malcolm S. Healey
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom - British
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 26,173,979
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH: 26,173,979
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,173,979
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G FORMS
- --------------------------------------------------------------------------------
CUSIP No. 574599106 13G Page 3 of 11 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Windsor Trust
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 26,173,979
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH: 26,173,979
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,173,979
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G FORMS
- --------------------------------------------------------------------------------
CUSIP No. 574599106 13G Page 4 of 11 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Cabinets Today, Inc.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 26,173,979
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH: 26,173,979
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,173,979
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G FORMS
- --------------------------------------------------------------------------------
CUSIP No. 574599106 13G Page 5 of 11 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Buckingham Limited Partnership
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 26,173,979
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH: 26,173,979
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,173,979
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G FORMS
- --------------------------------------------------------------------------------
CUSIP No. 574599106 13G Page 6 of 11 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Beverley Settlement
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 15,456,337
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 15,456,337
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH: 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,456,337
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[X]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
ITEM 1(a). NAME OF ISSUER:
Masco Corporation (the "Issuer").
--------------------------------------------------------------------
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
21001 Van Born Road, Taylor, Michigan 48180.
--------------------------------------------------------------------
ITEM 2(a). NAME OF PERSONS FILING:
Malcolm S. Healey
Windsor Trust
Cabinets Today, Inc.
Buckingham Limited Partnership
The Beverley Settlement
--------------------------------------------------------------------
ITEM 2(b). ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Malcolm S. Healey - 250 South Australian Avenue, 13th Floor
West Palm Beach, Florida 33401
Windsor Trust - c/o James A. Rutledge, Trustee
Bricker & Eckler LLP
100 South Third Street
Columbus, Ohio 43215
Cabinets Today, Inc. - c/o James A. Rutledge
Bricker & Eckler LLP
100 South Third Street
Columbus, Ohio 43215
Buckingham Limited Partnership - c/o James A. Rutledge
Bricker & Eckler LLP
100 South Third Street
Columbus, Ohio 43215
The Beverley Settlement - c/o The Bank of New York Trust Company
(Cayman) Limited
Attention: J. Norman A. Wylie
1290 Avenue of the Americas
5th Floor
New York, NY 10104
--------------------------------------------------------------------
Page 7 of 11
<PAGE>
ITEM 2(c). CITIZENSHIP:
Malcolm S. Healey - United Kingdom (British)
Windsor Trust - Ohio
Cabinets Today, Inc. - Ohio
Buckingham Limited Partnership - Ohio
The Beverley Settlement - Cayman Islands
--------------------------------------------------------------------
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $1.00 par value per share (the "Common Stock").
--------------------------------------------------------------------
ITEM 2(e). CUSIP NUMBER:
574599106
--------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) [_] Broker or dealer registered under Section 15 of the Exchange
Act;
(b) [_] Bank as defined in Section 3(a)(6) of the Act;
(c) [_] Insurance Company as defined in Section 3(a)(19) of the Act;
(d) [_] Investment Company registered under Section 8 of the
Investment Company Act of 1940;
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan, or endowment fund in accordance
with Rule 13d-1 (b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance
with rule 13d-1 (b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940;
(j) [_] Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c); check this
box. |X|
--------------------------------------------------------------------
Page 8 of 11
<PAGE>
ITEM 4. OWNERSHIP.
Buckingham Limited Partnership ("Buckingham") holds 26,173,979
shares of Common Stock, which represents approximately 5.9% of the
class outstanding. Buckingham, Cabinets Today, Inc., the general
partner of Buckingham, Windsor Trust, a trust established for the
benefit of Malcolm Healey and the sole shareholder of Cabinets
Today, Inc., and Malcolm S. Healey, the grantor of Windsor Trust
(such entities collectively are referred to as the "Buckingham
Reporting Entities") may be deemed pursuant to Rule 13d-3 under the
Securities Exchange Act of 1934 to beneficially own, and to share
voting and dispositive power in respect of, the 26,173,979 shares
held by Buckingham.
The Beverley Settlement, a trust established for the benefit of
Malcolm Healey's children, holds 15,456,337 shares of Common Stock,
which represents approximately 3.5% of the class outstanding. Mr.
Healey may be deemed pursuant to Rule 13d-3 under the Securities
Exchange Act of 1934 to beneficially own the 15,456,337 shares held
by The Beverley Settlement.
Mr. Healey and each of the other Buckingham Reporting Entities
disclaim beneficial ownership as to the shares of Common Stock held
by The Beverley Settlement. The Beverley Settlement disclaims
beneficial ownership as to the shares of Common Stock held by
Buckingham.
--------------------------------------------------------------------
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
Page 9 of 11
<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.
Date: September 10, 1999
/s/ Malcolm Healey
--------------------------------------------
Malcolm Healey*
WINDSOR TRUST*
By: /s/ James Rutledge
-----------------------------------------
James Rutledge, Trustee
CABINETS TODAY, INC.*
By: /s/ Malcolm Healey
-----------------------------------------
Title: President
--------------------------------------
BUCKINGHAM LIMITED PARTNERSHIP*
by Cabinets Today, Inc., its general partner
By: /s/ Malcolm Healey
-----------------------------------------
Title: President
--------------------------------------
THE BEVERLEY SETTLEMENT*
By: /s/ J. Norman A. Wylie
-----------------------------------------
J. Norman A. Wylie
President of The Bank of New York
Trust Company (Cayman) Limited
as Trustee
- ----------
*Pursuant to the Joint Filing Agreement attached hereto as Exhibit I, among
Malcolm Healey, Windsor Trust, Cabinets Today, Inc., Buckingham Limited
Partnership and The Beverley Settlement, this statement on Schedule 13G is filed
on behalf of each of the Buckingham Reporting Persons and The Beverley
Settlement.
Page 10 of 11
EXHIBIT I
JOINT FILING AGREEMENT
The undersigned agree that the Schedule 13G to which this statement is
attached as an exhibit is filed on behalf of each of the undersigned pursuant to
Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, as amended.
Dated: September 10, 1999
/s/ Malcolm Healey
--------------------------------------------
Malcolm Healey
WINDSOR TRUST
By: /s/ James A. Rutledge
-----------------------------------------
James A. Rutledge, Trustee
CABINETS TODAY, INC.
By: /s/ Malcolm Healey
-----------------------------------------
Title: President
--------------------------------------
BUCKINGHAM LIMITED PARTNERSHIP
by Cabinets Today, Inc., its general partner
By: /s/ Malcolm Healey
-----------------------------------------
Title: President
--------------------------------------
THE BEVERLEY SETTLEMENT*
By: /s/ J. Norman A. Wylie
-----------------------------------------
J. Norman A. Wylie
President of The Bank of New York
Trust Company (Cayman) Limited
as Trustee
Page 11 of 11