<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Aramed, Inc.
(Name of Issuer)
Callable Common Stock, $.01 par value
(Title of Class of Securities)
038525200
(CUSIP Number)
Eric M. Mindich
Goldman, Sachs & Co.
85 Broad Street
New York, New York 10004
(212) 902-1000
--------------------------------------------
(Name, address and telephone number of person authorized
to receive notices and communications)
November 21, 1995
(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: _____
Page 1 of 19 pages
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- -------------------------
CUSIP NO.
038525200
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
WC
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
X
------------
- --------------------------------------------------------------------------------
6. Citizenship or place of Organization
New York
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With
7 Sole Voting Power
-0-
----------------------
8 Shared Voting Power
-0-
----------------------
9 Sole Dispositive Power
-0-
----------------------
10 Shared Dispositive Power
-0-
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
0
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13. Percent of Class Representing by Amount in Row (11)
0.0%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
BD-PN-IA
- --------------------------------------------------------------------------------
Page 2 of 19 pages
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This Statement constitutes Amendment No. 2 to the Statement on
Schedule 13D, dated December 3, 1991, as amended by Amendment No. 1, dated
December 12, 1991, relating to the shares of callable common stock, $.01 par
value (the "Common Stock"), of Aramed, Inc., a Delaware corporation (the
"Company"). Unless otherwise indicated, all capitalized terms not otherwise
defined herein shall have the same meanings as those set forth in the initial
Schedule 13D.
Item 2. Identity and Background
-----------------------
Item 2 is hereby amended by amending Schedule I and Schedule II
hereto, to read in their entirety as attached hereto.
Item 3. Purpose of the Transaction
--------------------------
On November 21, 1995, the Company entered into a merger
agreement (the "Merger") with Gensia, Inc. ("Gensia") and Gensia Acquisition
Corporation, a wholly owned subsidiary of Gensia, Inc. ("Gensia Sub"). Upon
consummation of the Merger, Gensia Sub merged with and into the Company. The
Company became a wholly owned subsidiary of Gensia, and the market trading of
the Common Stock ceased. As a result of the Merger each outstanding share of the
Common Stock, except for those shares owned by Gensia and its subsidiaries and
shares as to which dissenters' rights have been perfected, was converted into
the right to receive (a) $8.00 in cash (b) approximately 0.64 of a share of
Gensia common stock and (c) a contingent value right which represents the right
to receive i) as of March 31, 1996, $1.00 payable, at Gensia's option, either in
cash or in shares of Gensia common stock, and ii) up to 0.75 of a share of
Gensia common stock.
Item 5. Interest in Securities of the Issuer
------------------------------------
(a) Since December 12, 1991, the date of Amendment No.1 to
Schedule 13D, Goldman Sachs may be deemed to have decreased its beneficial
ownership of Common Stock to 0 shares as a result of the Merger. As a result of
the Merger each outstanding share of the Common Stock, except for those shares
owned by Gensia and its subsidiaries and shares as to which dissenters' rights
have been
Page 3 of 19 pages
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perfected, was converted into the right to receive (a) $8.00 in cash (b)
approximately 0.64 of a share of Gensia common stock and (c) a contingent value
right which represents the right to receive i) as of March 31, 1996, $1.00
payable, at Gensia's option, either in cash or in shares of Gensia common stock,
and ii) up to 0.75 of a share of Gensia common stock.
(b) Not applicable.
(c) There were no transactions effected during the past sixty days.
Page 4 of 19 pages
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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.
GOLDMAN, SACHS & CO.
By: /s/ Eric M. Mindich
-------------------
Name: Eric M. Mindich
Title: General Partner
Page 5 of 19 pages
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SCHEDULE I
----------
The following table sets forth the name of each of the general partners of
Goldman, Sachs & Co. (other than The Goldman Sachs Group, L.P.) and of The
Goldman Sachs Group, L.P. Unless otherwise indicated, the business address
of each person listed below is 85 Broad Street, New York, NY 10004, and,
unless otherwise indicated, each natural person listed below is a citizen
of the United States of America. Nobuyoshi John Ehara Inc., Jun Makihara
Inc., Masanori Mochida Inc. and Hideo Ishihara, Inc., the only corporate
general partners of Goldman, Sachs & Co. and The Goldman Sachs Group, L.P.,
are each incorporated in the State of Delaware. The principal occupation of
each natural person listed below and the principal business of each of
Nobuyoshi John Ehara Inc., Jun Makihara Inc., Masanori Mochida Inc. and
Hideo Ishihara, Inc., is as a general partner of Goldman, Sachs & Co. The
persons listed below who have an asterisk marked next to their name are
members of the Management Committee of The Goldman Sachs Group, L.P.
Name and Citizenship Business Address
- --------------------- ----------------
The persons listed below who have an asterisk marked next to their name are
members of the Management Committee of The Goldman Sachs Group, L.P.
Jon Z. Corzine*
Henry M. Paulson, Jr.* 4900 Sears Tower
Chicago, IL 60606
Roy J. Zuckerberg*
David M. Silfen*
Eugene V. Fife* 133 Fleet Street
London EC4A 2BB, England
Richard M. Hayden 133 Fleet Street
London EC4A 2BB, England
Robert J. Hurst*
Howard C. Katz
Peter K. Barker 333 South Grand Avenue
Los Angeles, CA 90071
Eric S. Dobkin
Willard J. Overlock, Jr.*
Page 6 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Jonathan L. Cohen
Fredric B. Garonzik 133 Fleet Street
London EC4A 2BB, England
Kevin W. Kennedy
William C. Landreth 555 California Street
San Francisco, CA 94104
Daniel M. Neidich
Edward Spiegel
Fischer Black
Robert F. Cummings, Jr.
Angelo DeCaro
Steven G. Einhorn
David B. Ford
David M. Leuschen
Michael R. Lynch
Michael D. McCarthy
Donald C. Opatrny, Jr.
Thomas E. Tuft
Michael P. Mortara
Lloyd C. Blankfein
John P. Curtin, Jr.
Gavyn Davies 133 Fleet Street
United Kingdom London EC4A 2BB, England
Page 7 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Dexter D. Earle
Nobuyoshi John Ehara 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Nobuyoshi John Ehara Inc. 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
J. Christopher Flowers
Gary Gensler 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Charles T. Harris III
Thomas J. Healey
Stephen Hendel
Robert E. Higgins
Robert J. Katz*
Ernest S. Liu
Eff W. Martin 555 California Street
San Francisco, CA 94104
Charles B. Mayer, Jr.
Michael J. O'Brien 133 Fleet Street
United Kingdom London EC4A 2BB, England
Mark Schwartz
Stephen M. Semlitz
Robert K. Steel
John A. Thain*
John L. Thornton 133 Fleet Street
London EC4A 2BB, England
Page 8 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Bracebridge H. Young, Jr. 133 Fleet Street
London EC4A 2BB, England
Joseph R. Zimmel
Barry L. Zubrow
Gary L. Zwerling
Jonathan R. Aisbitt 133 Fleet Street
United Kingdom London EC4A 2BB, England
Andrew M. Alper
William J. Buckley
Frank L. Coulson, Jr.
Connie Kadrovach Duckworth 4900 Sears Tower
Chicago, IL 60606
Richard A. Friedman
Alan R. Gillespie 133 Fleet Street
United Kingdom London EC4A 2BB, England
Joseph H. Gleberman
Jacob D. Goldfield
Steven M. Heller
Ann F. Kaplan
Robert S. Kaplan
Peter D. Kiernan III
T. Willem Mesdag 133 Fleet Street
London EC4A 2BB, England
Gaetano J. Muzio
Page 9 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Robin Illgen Neustein
Timothy J. O'Neill
Scott M. Pinkus
John J. Powers
Stephen D. Quinn
Arthur J. Reimers 133 Fleet Street
London EC4A 2BB, England
James P. Riley, Jr.
Richard A. Sapp 133 Fleet Street
London EC4A 2BB, England
Donald F. Textor
Thomas B. Walker III
Patrick J. Ward 133 Fleet Street
London EC4A 2BB, England
Jeffrey M. Weingarten 133 Fleet Street
London EC4A 2BB, England
Jon Winkelried
Richard Witten
Carlos A. Cordeiro 133 Fleet Street
London EC4A 2BB, England
John O. Downing 133 Fleet Street
London EC4A 2BB, England
W. Mark Evans 3 Garden Road
Canada Hong Kong
Michael D. Fascitelli
Sylvain M. Hefes 133 Fleet Street
France London EC4A 2BB, England
Page 10 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Reuben Jeffery III 133 Fleet Street
London EC4A 2BB, England
Lawrence H. Linden
Jun Makihara 12-32, Akasaka 1-chome
Japan Minato-ku, Tokyo 107, Japan
Jun Makihara Inc. 12-32, Akasaka 1-choma
Minato-ku, Tokyo 107, Japan
Masanori Mochida 12-32, Akasaka 1-chome
Japan Minato-ku, Tokyo 107, Japan
Masanori Mochida Inc. 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Robert B. Morris III 555 California Street
San Francisco, CA 94014
Philip D. Murphy Messe Turm, D-6000
Frankfurt am Main 1, Germany
Suzanne M. Nora Johnson 333 South Grand Avenue
Los Angeles, CA 90071
Terence M. O'Toole
Gregory K. Palm
Carl G.E. Palmstierna 133 Fleet Street
Sweden London EC4A 2BB, England
Michael G. Rantz
J. David Rogers
Joseph Sassoon 133 Fleet Street
Israel London EC4A 2BB, England
Peter Savitz 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Charles B. Seelig Jr.
Ralph F. Severson 555 California Street
Page 11 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
San Francisco, CA 94104
Gene T. Sykes 333 South Grand Avenue
Los Angeles, CA 90071
Gary A. Syman 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Leslie C. Tortora
John L. Townsend
Lee G. Vance 133 Fleet Street
London EC4A 2BB, England
David A. Viniar
John S. Weinberg
Peter A. Weinberg
Laurence M. Weiss
George W. Wellde Jr. 12-32, Akasaka 1-Chome
Minato-Ku, Tokyo 107, Japan
Jaime E. Yordan
Sharmin Mossauar-Rahmani
United Kingdom
Hideo Ishihara 12-32, Akasaka 1-chome
Japan Minato-ku, Tokyo 107, Japan
Hideo Ishihara Inc. 12-32, Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
Paul M. Achleitner 133 Fleet Street
Austria London EC4A 2BB, England
Aermen A. Avanessians
Joel S. Beckman
David W. Blood 133 Fleet Street
London EC4A 2BB, England
Page 12 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Zachariah Cobrinik 133 Fleet Street
London EC4A 2BB, England
Gary D. Cohn 133 Fleet Street
London EC4A 2BB, England
Christopher A. Cole
Henry Cornell 3 Garden Road
Hong Kong
Robert V. Delaney
Joseph Della Rosa
J. Michael Evans 133 Fleet Street
London EC4A 2BB, England
Lawton W. Fitt
Joseph D. Gatto
Peter C. Gerhard
Nomi P. Ghez
Israel
David T. Hamamoto
Walter H. Haydock Munsterhof 4
8022 Zurich, Switzerland
David L. Henle
Francis J. Ingrassia
Scott B. Kapnick 133 Fleet Street
London EC4A 2BB, England
Kevin M. Kelly
John C. Kleinert
Jonathan L. Kolatch
Peter S. Kraus
Page 13 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Robert Litterman
Jonathan M. Lopatin
Thomas J. Macirowski
Peter G.C. Mallinson 3 Garden Road
United Kingdom Hong Kong
Oki Matsumoto 12-32 Akasaka 1-chome
Japan Minato-ku, Tokyo 107, Japan
Oki Matsumoto, Inc. 12-32 Akasaka 1-chome
Minato-ku, Tokyo 107, Japan
E. Scott Mead 133 Fleet Street
New York, New York 10004
Eric M. Mindich
Steven T. Mnuchin
Thomas K. Montag
Edward A. Mule
Kipp M. Nelson 133 Fleet Street
London EC4A 2Bb, England
Christopher K. Norton MasseTurm
Frankfurt am Main, Germany
Robert J. O'Shea
Wiet H. Pot 133 Fleet Street
Netherlands London EC4A 2BB, England
Jack L. Salzman
Eric S. Schwartz
Michael F. Schwerin
Richard S. Sharp 133 Fleet Street
United Kingdom London EC4A 2BB, England
Richard G. Sherlund
Page 14 of 19 pages
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Name and Citizenship Business Address
- -------------------- ----------------
Michael S. Sherwood 133 Fleet Street
United Kingdom London EC4A 2BB, England
Cody J. Smith
Daniel W. Stanton
Esta E. Stecher
Fredric E. Steck 555 California Street
San Francisco, CA 94104
Byron D. Trott 4900 Sears Tower
Chicago 60606
Barry S. Volpert
Peter S. Wheeler 3 Garden Road
United Kingdom Hong Kong
Anthony G. Williams 133 Fleet Street
United Kingdom London EC4A 2BB, England
Gary W. Williams
Tracy R. Wolstencroft 100 Crescent Court, Suite 1000
Dallas, Texas 75201
Danny O. Yee 3 Garden Road
Hong Kong
Michael J. Zamkow
Mark A. Zurack
Page 15 of 19 pages
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SCHEDULE II
-----------
The name, business address, present principal occupation or employment and
citizenship of each controlling person, if any, director and executive officer
of each general partner of Goldman Sachs & Co. or The Goldman Sachs Group that
is a corporation are set forth below.
I. Nobuyoshi John Ehara Inc.
Nobuyoshi John Ehara Inc. is controlled by Nobuyoshi John Ehara, its
President and one of its directors. The business address of each person listed
below other than Nobuyoshi John Ehara is 85 Broad Street, New York, New York
10004, and each such person is a citizen of the United States of America. The
business address of Nobuyoshi John Ehara, a citizen of Japan, is the Ark Mori
Building, 12-32, Akasaka 1-chome, Minato-Ku, Tokyo 107, Japan.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- --------------------------- ---------------------- ----------------------------
<S> <C> <C>
Robert J. Katz Director and General Partner of Goldman,
Chairman of the Board Sachs & Co.
Nobuyoshi John Ehara President and Director General Partner of Goldman,
Sachs & Co.
David A. Viniar Director General Partner of Goldman,
Sachs & Co.
Esta E. Stecher Vice Chairman of the General Partner of Goldman,
Board and Treasurer Sachs & Co.
James B. McHugh Secretary Vice President of Goldman,
Sachs & Co.
</TABLE>
II. Masanori Mochida Inc.
Masanori Mochida Inc. is controlled by Masanori Mochida, its President and
one of its directors. The business address of each person listed below other
than Masanori Mochida is 85 Broad Street, New York, New York 10004, and each
such person is a citizen of the United States of America. The business address
of Masanori Mochida, a citizen of Japan, is 12-32, Akasaka 1-chome, Minato-ku,
Tokyo 107, Japan.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- --------------------------- ---------------------- ----------------------------
<S> <C> <C>
Robert J. Katz Director and General Partner of Goldman,
Chairman of the Board Sachs & Co.
Masanori Mochida President and Director General Partner of Goldman,
Sachs & Co.
David A. Viniar Director General Partner of Goldman,
Sachs & Co.
</TABLE>
Page 16 of 19 pages
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<TABLE>
<CAPTION>
<S> <C> <C>
Esta E. Stecher Vice Chairman of the General Partner of Goldman,
Board and Treasurer Sachs & Co.
James B. McHugh Secretary Vice President of Goldman,
Sachs & Co.
</TABLE>
III. Jun Makihara Inc.
Jun Makihara Inc. is controlled by Jun Makihara, its President and one
of its directors. The business address of each person listed below other than
Jun Makihara is 85 Broad Street, New York, New York 10004, and each such person
is a citizen of the United States of America. The business address of Jun
Makihara, a citizen of Japan, is 333 South Grand Avenue, Los Angeles, California
90071.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- --------------------------- -------------------- ----------------------------
<S> <C> <C>
Robert J. Katz Director and General Partner of Goldman,
Chairman of the Board Sachs & Co.
Jun Makihara President and Director General Partner of Goldman,
Sachs & Co.
David A. Viniar Director General Partner of Goldman,
Sachs & Co.
Esta E. Stecher Vice Chairman of the General Partner of Goldman,
Board and Treasurer Sachs & Co.
James B. McHugh Secretary Vice President of Goldman,
Sachs & Co.
</TABLE>
IV. Hideo Ishihara Inc.
Hideo Ishihara Inc. is controlled by Hideo Ishihara, its President and one
of its directors. The business address of each person listed below other than
Hideo Ishihara is 85 Broad Street, New York, New York 10004, and each such
person is a citizen of the United States of America. The business address of
Hideo Ishihara, a citizen of Japan, is the Ark Mori Building, 12-32, Akasaka 1-
chome, Minato-Ku, Tokyo 107, Japan.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- --------------------------- ---------------------- ----------------------------
<S> <C> <C>
Robert J. Katz Director and General Partner of Goldman
Chairman of the Board Sachs & Co.
Hideo Ishihara President and Director General Partner of Goldman,
Sachs & Co.
</TABLE>
Page 17 of 19 pages
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<TABLE>
<S> <C> <C>
David A. Viniar Director General Partner of Goldman,
Sachs & Co.
Esta E. Stecher Vice Chairman of the General Partner of Goldman,
Board and Treasurer Sachs & Co.
James B. McHugh Secretary Vice President of Goldman,
Sachs & Co.
</TABLE>
V. Oki Matsumoto Inc.
Oki Matsumoto Inc. is controlled by Oki Matsumoto, its President and
one of its directors. The business address of each person listed below other
than Oki Matsumoto is 85 Broad Street, New York, New York 10004, and each such
person is a citizen of the United States of America. The busines address of Oki
Matsumoto, a citizen of Japan, is the Ark Mori Building, 12-32, Akasaka 1-chome,
Minato-Ku, Tokyo 107, Japan.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- ---------------------------- ------------------------------ ----------------------------
<S> <C> <C>
Robert J. Katz Director, Chairman of the General Partner of Goldman
Board and Vice President Sachs & Co.
Oki Matsumoto President and Director General Partner of Goldman,
Sachs & Co.
Esta E. Stecher Director, Vice Chairman of the General Partner of Goldman,
Board, Vice President and Sachs & Co.
Treasurer
James B. McHugh Secretary Vice President of Goldman,
Sachs & Co.
</TABLE>
Page 18 of 19 pages
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SCHEDULE II-B
-------------
The name, business address, present principal occupation of each director
and executive officer of GS Advisors, Inc., the sole general partner of GS
Advisors, L.P., which is the sole general partner of GS Capital Partners,L.P.,
are set forth below.
The business address for all the executive officers and directors listed
below is 85 Broad Street, New York, New York 10004.
All executive officers and directors listed below are United States
citizens.
<TABLE>
<CAPTION>
Name and Business Address Position Present Principal Occupation
- --------------------------- ------------------------ ----------------------------
<S> <C> <C>
Richard A. Friedman Director/President General Partner of Goldman,
Sachs & Co.
Terence M. O'Toole Director/Vice President General Partner of Goldman,
Sachs & Co.
Carla H. Skodinski Vice President/Assistant Vice President of Goldman,
Secretary Sachs & Co.
Elizabeth S. Cogan Secretary/Treasurer Vice President of Goldman,
Sachs & Co.
James B. McHugh Assistant Secretary Vice President of Goldman,
Sachs & Co.
Joseph H. Gleberman Director/Vice President General Partner of Goldman,
Sachs & Co.
Henry Cornell Vice President Vice President of Goldman,
Sachs & Co.
Steven M. Shafran Vice President Vice President of Goldman,
Sachs & Co.
</TABLE>
Page 19 of 19 pages