<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 12
TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
The Limited, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.50 Par Value
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(Title of Class of Securities)
532716-107
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(CUSIP Number)
Robert S. Schwartz, Esq.
Schwartz, Kelm, Warren & Rubenstein
41 South High Street
Columbus, Ohio 43215
(614) 222-3000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 7, 1994
- --------------------------------------------------------------------------------
(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 [_]
(Continued on following pages)
<PAGE>
SCHEDULE 13D
- --------------------- ------------------
CUSIP No. 532716-107 Page 2 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Leslie H. Wexner ####-##-####
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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)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 66,403,000
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 6,195,300
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
66,898,981
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,195,300
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
73,094,281
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12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.1%
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14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------- ------------------
CUSIP No. 532716-107 Page 3 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bella Wexner ####-##-####
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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
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 15,697,514
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
15,697,514
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,697,514
- --------------------------------------------------------------------------------
12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.3%
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14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
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CUSIP No. 532716-107 Page 4 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Wexner Foundation
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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
- --------------------------------------------------------------------------------
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)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,695,300
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
3,695,300
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,695,300
- --------------------------------------------------------------------------------
12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0%
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14 TYPE OF REPORTING PERSON
00
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<PAGE>
SCHEDULE 13D
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CUSIP No. 532716-107 Page 5 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arts Interest
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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
Ohio
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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14 TYPE OF REPORTING PERSON
00
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<PAGE>
SCHEDULE 13D
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CUSIP No. 532716-107 Page 6 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Health and Science Interests
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
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)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 2,000,000
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
2,000,000
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,000,000
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12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.6%
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14 TYPE OF REPORTING PERSON
00
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<PAGE>
SCHEDULE 13D
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CUSIP No. 532716-107 Page 7 of 12 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Health and Science Interests II
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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
Ohio
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NUMBER OF 7 SOLE VOTING POWER
SHARES 500,000
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
500,000
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000
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12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
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14 TYPE OF REPORTING PERSON
00
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<PAGE>
SCHEDULE 13D
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CUSIP No. 532716-107 Page 8 of 12 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
International Charitable Interests
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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
Ohio
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON --------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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14 TYPE OF REPORTING PERSON
00
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<PAGE>
ITEM 2. Identity and Background. This Amendment No. 12, dated March 7, 1994,
------------------------
to the Schedule 13D dated June 25, 1985 previously filed by Leslie
H. Wexner, Bella Wexner and The Wexner Foundation is being filed
pursuant to Rule 13d-2 of the Securities Exchange Act of 1934, as
amended. The items for which changes are specified are hereby
amended as indicated below. See Notes 1 and 2 to Item 5.
ITEM 3. Source and Amount of Funds or Other Considerations. Not Applicable.
---------------------------------------------------
ITEM 4. Purpose of Transaction The persons named herein may sell securities
----------------------
from time to time in the open market.
ITEM 5. Interest in Securities of the Issuer.
------------------------------------
(A) The number of shares beneficially owned and the corresponding
percentages of all outstanding Shares as of March 7, 1994 are as
follows:
<TABLE>
<S> <C> <C>
1. Leslie H. Wexner 73,094,281 (1)(2)(3) 20.1%
2. Bella Wexner 15,697,514 (1) 4.3%
3. The Wexner Foundation 3,695,300 1.0%
4. Arts Interest -0- 0.0%
5. Health and Science Interests 2,000,000 0.6%
6. Health and Science Interests II 500,000 0.1%
7. International Charitable Interests -0- 0.0%
</TABLE>
(B) Stockholdings of Company Common Stock as of March 7, 1994:
<TABLE>
<CAPTION>
The Health and Health and International
Wexner Arts Science Science Charitable
Leslie H. Wexner Bella Wexner Foundation Interest Interests Interests II Interests
---------------- ------------ ------------ -------- ----------- ------------ --------------
<S> <C> <C> <C> <C> <C> <C> <C>
Sole Power to Vote 66,403,000 15,697,514 3,695,300 (1) -0- 2,000,000 (2) 500,000 (2) -0-
or to direct vote
Shared Power to Vote 6,195,300 (1)(2) N/A (1) N/A N/A N/A N/A N/A
or to direct vote
Sole Power to dispose 66,898,981 (3) 15,697,514 3,695,300 (1) -0- 2,000,000 (2) 500,000 (2) -0-
of or to direct
disposition
Shared Power to dispose 6,195,300 (1)(2) N/A (1) N/A N/A N/A N/A N/A
of or to direct
disposition
</TABLE>
Page 9 of 12 Pages
<PAGE>
- -----------------
(1) Power to vote or direct the disposition of the 3,695,300 shares held by
The Wexner Foundation may be deemed to be shared by Leslie H. Wexner,
Jeffrey E. Epstein and Jeffrey J. Smith as the trustees of The Wexner
Foundation. Leslie H. Wexner, Jeffrey E. Epstein and Jeffrey J. Smith
disclaim beneficial ownership of the shares held by the Foundation. Bella
Wexner is no longer a trustee of The Wexner Foundation.
(2) Power to vote or direct the disposition of the 2,500,000 shares held by
Health and Science Interests and Health and Science Interests II may be
deemed to be shared by Leslie H. Wexner as grantor and Jeffrey E. Epstein
as trustee thereof. Leslie H. Wexner and Jeffrey E. Epstein disclaim
beneficial ownership of shares held by Health and Science Interests and
Health and Science Interests II.
The following information required by Item 2 is given with respect to
Messrs. Epstein and Smith:
<TABLE>
<C> <S> <C> <C>
(a) Name: Jeffrey E. Epstein Jeffrey J. Smith
(b) Business Address: 41 South High Street, Suite 3710, 41 South High Street, Suite 3710,
Columbus, Ohio 43215 Columbus, Ohio 43215
(c) Present Principal Occupation: Financial Advisor Accountant
(d) and (e) Not applicable
(f) Citizenship: United States United States
</TABLE>
(3) Includes 495,981 shares held in The Limited, Inc. Savings and Retirement
Plan for Mr. Wexner's account.
(C) The following tables represent the transactions in the Company's
shares by the persons named herein since the last Amendment No.
11 to the Schedule 13D was filed on October 22, 1992.
<TABLE>
<CAPTION>
Amount of Price
Date Securities Per Share How Transaction Effected
---- ---------- --------- ------------------------
<S> <C> <C> <C> <C>
1. Transactions of
Mr. Wexner: 12/10/92 200 N/A Gift Disposition
03/02/93 200,000 N/A Gift Disposition
05/04/93 100,000 N/A Award of restricted shares and associated rights
pursuant to and subject to the requirements of
The Limited, Inc. 1993 Stock Option and Performance
Incentive Plan.
11/22/93 1,500,000 N/A Transfer from Health and Science Interests
12/15/93 300 N/A Gift Disposition
03/03/94 2,000,000 N/A Transfer to International Charitable Interests
2. Transactions of
Mrs. Wexner: None
3. Transactions of
The Wexner Foundation: 05/24/93 1,294 N/A Distribution to The Wexner Foundation
Savings and Retirement Plan
08/11/93 63,000 $21.375 Open market sale
08/11/93 137,000 $ 21.50 Open market sale
12/28/93 164,800 N/A Gift acquisition
4. Transactions of
Arts Interest: 08/11/93 1,900,000 $21.125 Open market sale
5. Transactions of
Health and Science
Interests: 08/18/93 1,500,000 N/A Transfer to Health and Science Interests II
11/22/93 1,500,000 N/A Transfer to Leslie H. Wexner
6. Transactions of Health
and Science Interests II: 08/18/93 1,500,000 N/A Transfer from Health and Science Interests
08/19/93 1,000,000 $ 22.75 Open market sale
7. Transactions of
International
Charitable Interests: 03/03/94 2,000,000 N/A Transfer from Leslie H. Wexner
03/07/94 2,000,000 $ 20.00 Open market sale
</TABLE>
Page 10 of 12 Pages
<PAGE>
(D) No other person is presently known by the persons making this
report to have the right to receive or the power to direct the
receipt of dividends, or the proceeds, from the sale of the
securities mentioned in this report.
(E) On August 11, 1993 the Arts Interest ceased to be a beneficial
owner of the class of securities of The Limited, Inc. On March 7,
1994 the Internatinal Charitable Interests ceased to be a
beneficial owner of the class of securities of The Limited, Inc.
ITEM 6. Contracts, Arrangements, Understandings or Relationships with
-------------------------------------------------------------
Respect to Securities of the Issuer. See Note (2) to Item 5.
- -------------------------
Page 11 of 12 Pages
<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: March 7, 1994
/s/ Leslie H. Wexner
-----------------------------------
Leslie H. Wexner
/s/ Bella Wexner
-----------------------------------
Bella Wexner
THE WEXNER FOUNDATION
By:/s/ Leslie H. Wexner
--------------------------------
Leslie H. Wexner, Trustee
ARTS INTERESTS
By:/s/ Jeffrey E. Epstein
--------------------------------
Jeffrey E. Epstein, Trustee
HEALTH AND SCIENCE INTERESTS
By:/s/ Jeffrey E. Epstein
--------------------------------
Jeffrey E. Epstein, Trustee
HEALTH AND SCIENCE INTERESTS II
By:/s/ Jeffrey E. Epstein
--------------------------------
Jeffrey E. Epstein, Trustee
INTERNATIONAL CHARITABLE INTERESTS
By:/s/ Jeffrey E. Epstein
--------------------------------
Jeffrey E. Epstein, Trustee
