SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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. 4)(1)
ECOGEN INC.
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
(Title of Class of Securities)
278864-20-2
(CUSIP Number)
Emanuel J. Adler
Tenzer Greenblatt LLP
405 Lexington Avenue
New York, New York 10174
(212) 885-5565
(Name, Address and Telephone Number of Person Authorized to receive
Notice and Communications)
June 21, 1999
(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 |_|.
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
(Continued on following pages)
(Page 1 of 6 Pages)
- ----------
(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 ("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 13D
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CUSIP NO. 238864-20-2 Page 2 of 6 Pages
- ---------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MOSES MARX
- --------------------------------------------------------------------------------
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*
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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
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7 SOLE VOTING POWER
NUMBER OF 2,056,621 (includes 1,521,788 shares issuable upon
SHARES conversion of 32,338 shares of Preferred Stock)
BENEFICIALLY -------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING ---
PERSON
WITH -------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,056,621 (includes 1,521,788 shares
issuable upon conversion of 32,338 shares of Preferred
Stock)
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
----
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,056,621 (includes 1,521,788 shares issuable upon
conversion of 32,338 shares of Preferred Stock)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.75%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEM 1-7 (INCLUDING
EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 2 of 6 Pages
<PAGE>
SCHEDULE 13D
- ---------------------------------- ----------------------------------
CUSIP NO. 238864-20-2 Page 3 of 6 Pages
- ---------------------------------- ----------------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
UNITED EQUITIES (COMMODITIES) COMPANY
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
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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
NEW YORK
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 2,056,621 (includes 1,521,788 shares issuable upon
SHARES conversion of 32,338 shares of Preferred Stock)
BENEFICIALLY
OWNED BY -------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ----
WITH
-------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,056,621 (includes 1,521,788 shares
issuable upon conversion of 32,338 shares of Preferred
Stock)
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
----
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,056,621 (includes 1,521,788 shares issuable upon
conversion of 32,338 shares of Preferred Stock)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.75%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEM 1-7 (INCLUDING
EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 3 of 6 Pages
<PAGE>
This Amendment No. 4 amends and supplements the Schedule 13D, dated June
16, 1997 as amended (the "Schedule D"), of Moses Marx and United Equities
(Commodities) Company ("United Equities Commodities") (the "Reporting Persons"),
with respect to the Common Stock, par value $.01 per share (the "Common Stock"),
of Ecogen, Inc. (the "Company"). Except as modified hereby, there has been no
change in the information previously reported in the Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) - (b)
According to information provided by the Company, there were, as of
May 28, 1999, 9,446,901 shares of Common Stock issued and outstanding.
United Equities Commodities owns 2,056,621 shares of Common Stock,
comprising 18.75% of the issued and outstanding shares of Common
Stock. Said securities consist of (i) 534,833 shares owned directly by
the Reporting Person; and (ii) 1,521,788 issuable upon conversion of
32,338 shares of Preferred Stock (determined by dividing the aggregate
stated value of the Preferred Stock of $3,233,800 by the conversion
price of $2.125 per share).
Mr. Marx may be deemed a beneficial owner of such 2,056,621 shares by
virtue of his being the only person in a position to determine the
investment and voting decisions of United Equities Commodities with
respect to such shares.
Mr. Marx, through United Equities Commodities, has sole power to vote
and dispose of all such shares.
United Equities Commodities has sole power to vote and dispose of all
such shares.
Philippe D. Katz, a .5% partner in United Equities Commodities,
beneficially owns 15,000 shares of Common Stock, comprising less than
1% of the issued and outstanding shares of the Common Stock. Dr.
Joseph M. Fink, a .5% partner in United Equities Commodities,
beneficially owns 11,000 shares of Common Stock, comprising less than
1% of the issued and outstanding shares of Common Stock. The Reporting
Persons specifically disclaim beneficial ownership of the shares of
Common Stock owned by Mr. Katz and Dr. Fink, respectively, and
disclaim membership in a Group.
Page 4 of 6 Pages
<PAGE>
(c) On August 20, 1999, 32,338 shares of the Company's 8% Series
1998-C Convertible Preferred Stock, par value $.01 per share (the
"Preferred Stock"), issued to United Equities Commodities on August
20, 1998, will become convertible. Thus, on June 21, 1999, United
Equities Commodities became the beneficial owner of the shares of
Common Stock into which such Preferred Stock is convertible, pursuant
to Rule 13d-3 of the Securities Exchange Act of 1934, as amended.
(d) Each of the Reporting Persons affirms that no person other than
the Reporting Persons has the right to receive, or the power to direct
the receipt of, dividends from, or the proceeds from the sale of, the
Common Stock owned by the Reporting Persons.
(e) It is inapplicable for the purposes hereof to state the date on
which the Reporting Persons ceased to be the owners of more than five
percent of the Common Stock.
Page 5 of 6 Pages
<PAGE>
SIGNATURE
After reasonable inquiry, and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Date: July 13, 1999
/s/ Moses Marx
-------------------------------------
MOSES MARX
UNITED EQUITIES (COMMODITIES)
COMPANY
By: /s/ Moses Marx
---------------------------------
Moses Marx, General Partner
Page 6 of 6 Pages
