SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 3
TO
SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
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SECURED INCOME L.P.
(Name of Subject Company)
WEST PUTNAM HOUSING INVESTORS LLC
RICHARD P. RICHMAN
ROBERT H. WILDER, JR.
(Bidders)
UNITS OF LIMITED PARTNERSHIP INTEREST
(Title of Class of Securities)
813901105
(CUSIP Number of Class of Securities)
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GINA S. SCOTTI
VICE PRESIDENT AND SECRETARY
WEST PUTNAM HOUSING INVESTORS LLC
599 WEST PUTNAM AVENUE
GREENWICH, CT 06830
(203) 869-0900
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidder)
COPY TO:
PETER G. SMITH, ESQ.
KRAMER, LEVIN, NAFTALIS & FRANKEL
919 THIRD AVENUE
NEW YORK, NEW YORK 10022
(212) 715-9100
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EXHIBIT INDEX IS LOCATED ON PAGE 7
<PAGE>
14D-1
PAGE 2 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
WEST PUTNAM HOUSING INVESTORS LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|_| (a)
|_| (b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) OR 2(f)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES
|-|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
0%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
14D-1
PAGE 3 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
RICHARD P. RICHMAN
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|_| (a)
|_| (b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
PF/AF/OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) OR 2(f)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES
|-|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
0%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
3
<PAGE>
- --------------------------------------------------------------------------------
14D-1
PAGE 4 OF 7 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
ROBERT H. WILDER, JR.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|_| (a)
|_| (b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
PF/AF/OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(e) OR 2(f)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES
|-|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
0%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
4
<PAGE>
- --------------------------------------------------------------------------------
West Putnam Housing Investors LLC, a Delaware limited liability company
(the "Purchaser"), and Messrs. Richard P. Richman and Robert H. Wilder, Jr.
(Messrs. Richman and Wilder together, the "Purchaser Affiliates," and together
with the Purchaser, the "Bidders") hereby amend the Tender Offer Statement on
Schedule 14D-1 dated July 24, 1998, as amended by Amendment No.1 to Schedule
14D-1 dated August 7, 1998 and Amendment No.2 to Schedule 14D-1 dated August 18,
1998 (as so amended, the "Schedule 14D-1"), relating to the Purchaser's offer to
purchase up to 394,000 of the outstanding units of limited partnership interest
(the "Units"), of Secured Income L.P., a Delaware limited partnership (the
"Partnership").
Unless otherwise defined herein, capitalized terms used herein shall have
the meanings set forth in the Schedule 14D-1.
ITEM 10. ADDITIONAL INFORMATION.
Item 10(f) is hereby amended to add the following:
"On August 21, 1998, the Purchaser announced that the Offer had been
extended to 12:00 midnight, New York City time, on Monday, August 31, 1998."
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
(a)(7) Press release dated August 21, 1998.
5
<PAGE>
SIGNATURE
After due 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: August 21, 1998
West Putnam Housing Investors LLC
By:/s/ Gina S. Scotti
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NAME: Gina S. Scotti
TITLE: Vice President and Secretary
RICHARD P. RICHMAN
/s/ RICHARD P. RICHMAN
----------------------
ROBERT H. WILDER, JR.
/s/ ROBERT H. WILDER, JR.
-------------------------
6
<PAGE>
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
(a)(7) Press release dated August 21, 1998.
7
<PAGE>
Exhibit (a)(7)
FOR IMMEDIATE RELEASE CONTACT:
Shareholder Communications Corporation
(800) 733-8481, Ext. 415
WEST PUTNAM HOUSING INVESTORS LLC EXTENDS TENDER OFFER FOR
SECURED INCOME L.P.
Greenwich, Connecticut, August 21, 1998 -- West Putnam Housing Investors LLC
announced today that it has extended its tender offer to purchase up to 394,000
of the limited partnership interests ("Units") in Secured Income L.P., at a
purchase price of $7.00 per Unit in cash, to midnight, New York City time, on
Monday, August 31, 1998. The terms of the extended offer are identical to the
terms set forth in the original Offer to Purchase dated July 24, 1998, as
amended by the Supplement to the Offer to Purchase dated August 7, 1998.
As of midnight on Thursday, August 20, 1998, approximately 14,000 Units had
been tendered pursuant to the offer.
