HOME PRODUCTS INTERNATIONAL INC
SC 13D/A, 1999-09-14
PLASTICS PRODUCTS, NEC
Previous: ECOGEN INC, 10-Q, 1999-09-14
Next: GRAND TOYS INTERNATIONAL INC, S-3, 1999-09-14



<PAGE>   1


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 SCHEDULE 13D/A

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1 )*


                        Home Products International, Inc.
- --------------------------------------------------------------------------------
                                (NAME OF ISSUER)

                     Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
                         (TITLE OF CLASS OF SECURITIES)

                                   437305 10 5
- --------------------------------------------------------------------------------
                                 (CUSIP NUMBER)

               Alisa M. Singer, Equity Group Investments, L.L.C.,
       Two N. Riverside Plaza, Suite 600, Chicago, IL 60606 (312) 454-1800
- --------------------------------------------------------------------------------
       (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE
                          NOTICES AND COMMUNICATIONS)

                                September 9, 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 [ ].





                                  Page 1 of 4
<PAGE>   2
                                  SCHEDULE 13D

CUSIP NO. 437305 10 5                                         PAGE 2 OF 4
         ------------                                         ------------
- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Samstock, L.L.C.
    36-4156890
- --------------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (a) [ ]
                                                                         (b) [X]
- --------------------------------------------------------------------------------
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)                                                    [ ]

- --------------------------------------------------------------------------------
6   CITIZENSHIP OR PLACE OF ORGANIZATION
       Delaware
- --------------------------------------------------------------------------------
                7   SOLE VOTING POWER
  NUMBER OF
                      548,500
   SHARES      -----------------------------------------------------------------
                8   SHARED VOTING POWER
BENEFICIALLY
                      0
OWNED BY EACH  -----------------------------------------------------------------
                9   SOLE DISPOSITIVE POWER
  REPORTING
                      548,500
   PERSON      -----------------------------------------------------------------
               10   SHARED DISPOSITIVE POWER
    WITH
                      0
- --------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     548,500
- --------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
     CERTAIN SHARES*                                                         [ ]

- --------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     7.5%(1)
- --------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON*
     00
- --------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
         INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
     (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

(1)  Based upon 7,314,702 shares outstanding at July 30, 1999, as reported in
     the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 26,
     1999.
<PAGE>   3
                  ONLY THOSE ITEMS AMENDED ARE REPORTED HEREIN.
                  CAPITALIZED TERMS NOT OTHERWISE DEFINED SHALL
             HAVE THE SAME MEANING AS THEY HAVE IN THE SCHEDULE 13D.



Item 3.        Source and Amount of Funds or Other Consideration

and

Item 5.        Interest In Securities of the Issuer

               On September 9, 1999, Samstock purchased 156,800 shares of Common
               Stock at $9.5625 per share in the open market. The amount of
               funds used in acquiring the shares of Common Stock was
               $1,499,400, which funds were obtained from the working capital of
               Samstock.

               To the best knowledge of Samstock, there are 7,314,702 shares of
               Common Stock outstanding as of the date hereof.(1) Based upon
               the foregoing number, the 548,500 shares beneficially owned by
               Samstock represent approximately 7.5% of the Common Stock issued
               and outstanding. Samstock has the sole power to vote or to direct
               the vote of the shares of Common Stock acquired by it. SZI also
               has the power to dispose or to direct the disposition of the
               shares on Common Stock beneficially owned by Samstock.

               Except as listed below, at the date hereof, neither Samstock, nor
               to the best knowledge of Samstock, SZI, ZGP or the persons listed
               in Appendix A of the original Schedule 13D, owns any shares of
               Common Stock other than the shares owned by Samstock, as
               described herein. Rod Dammeyer owns 150,000 shares of Common
               Stock, and has the sole power to vote and to dispose of such
               Common Stock.
               -----------------------------------------------------------------

               (1)  As disclosed in the Issuer's Quarterly Report on Form 10-Q
                    for the quarter ended June 26, 1999.
























                                  Page 3 of 4

<PAGE>   4


                                   SIGNATURES

After reasonable inquiry, and the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


DATED:  September 14, 1999


                                                Samstock, L.L.C.





                                                By:  /s/  Donald J. Liebentritt,
                                                   -----------------------------
                                                     Vice President


















                                  Page 4 of 4


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission