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)
IMC GLOBAL, INC.
----------------------------------------------------
(Name of Issuer)
Common Stock ($.01 par value)
----------------------------------------
(Title of Class of Securities)
449669100
------------------
(CUSIP Number)
Ronald N. Graves, Esq.
John R. Simplot Self-Declaration of Revocable Trust
999 Main Street
Boise, Idaho 83702
Telephone: (208) 336-2110
------------------------------------
(Names, addresses and telephone numbers of persons
authorized to receive notices and communications)
July 28, 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 statement because of Rule 13d-1(e),
13d-1(f) or 13d-1(g), check the following box: [ ]
<PAGE>
1) Names of Reporting Persons
SS. or I.R.S. Identification Nos. of Above Persons
J.R. Simplot - ###-##-####/J.R. Simplot Trust
2) Check the Appropriate Box if a Member of a Group
(a)
(b) X
3) SEC Use Only
4) Source of Funds
PF/00
5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
6) Citizenship or Place of Organization
U.S.
Number of 7) Sole Voting Power 8,455,947
Shares
Beneficially 8) Shared Voting Power 1,846,600
Owned
by Each 9) Sole Dispositive Power 8,455,947
Reporting
Person With: 10) Shared Dispositive Power 1,846,000
11) Aggregate Amount Beneficially Owned by Each Reporting
Person
10,302,547 shares
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares
13) Percent of Class Represented by Amount in Row (11)
9.0%
14) Type of Reporting Person
IN
<PAGE>
1) Names of Reporting Persons
SS. or I.R.S. Identification Nos. of Above Persons
J.R. Simplot Foundation
2) Check the Appropriate Box if a Member of a Group
(a)
(b) X
3) SEC Use Only
4) Source of Funds
PF/00
5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
6) Citizenship or Place of Organization
Idaho
Number of 7) Sole Voting Power 1,846,000
Shares
Beneficially 8) Shared Voting Power 0
Owned
by Each 9) Sole Dispositive Power 1,846,000
Reporting
Person With: 10) Shared Dispositive Power 0
11) Aggregate Amount Beneficially Owned by Each Reporting
Person
1,846,600 shares
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares
13) Percent of Class Represented by Amount in Row (11)
1.61%
14) Type of Reporting Person
OO
<PAGE>
1) Names of Reporting Persons
SS. or I.R.S. Identification Nos. of Above Persons
Don J. Simplot
2) Check the Appropriate Box if a Member of a Group
(a)
(b) X
3) SEC Use Only
4) Source of Funds
PF/00
5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
6) Citizenship or Place of Organization
U.S.
Number of 7) Sole Voting Power 0
Shares
Beneficially 8) Shared Voting Power 1,846,600
Owned
by Each 9) Sole Dispositive Power 0
Reporting
Person With: 10) Shared Dispositive Power 1,846,000
11) Aggregate Amount Beneficially Owned by Each Reporting
Person
1,846,600 shares
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares
13) Percent of Class Represented by Amount in Row (11)
1.61%
14) Type of Reporting Person
IN
<PAGE>
1) Names of Reporting Persons
SS. or I.R.S. Identification Nos. of Above Persons
Scott R. Simplot
2) Check the Appropriate Box if a Member of a Group
(a)
(b) X
3) SEC Use Only
4) Source of Funds
PF/00
5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
6) Citizenship or Place of Organization
U.S.
Number of 7) Sole Voting Power 0
Shares
Beneficially 8) Shared Voting Power 1,846,600
Owned
by Each 9) Sole Dispositive Power 0
Reporting
Person With: 10) Shared Dispositive Power 1,846,000
11) Aggregate Amount Beneficially Owned by Each Reporting
Person
1,846,600 shares
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares
13) Percent of Class Represented by Amount in Row (11)
1.61%
14) Type of Reporting Person
IN
<PAGE>
ITEM 1. SECURITY AND ISSUER.
The class of securities to which this Statement relates is the
common stock, par value $.01 per share (the "Stock"), of IMC
Global, Inc. (the "Issuer"), whose address is 2100 Sanders Road,
Northbrook, Illinois 60062.
ITEM 2. IDENTITY AND BACKGROUND.
(a through f) This statement is being filed on behalf of
(i) the John R. Simplot Self-Declaration of Revocable Trust
dated December 21, 1989 (the "Trust"), as amended. The Trust is an
inter vivos revocable trust of which Mr. J.R. Simplot ("Mr.
Simplot") is the trustee and beneficiary. Mr. Simplot is a U.S.
citizen. Mr. Simplot is Chairman Emeritus of, and a consultant to,
J.R. Simplot Company, 999 Main Street, Boise, Idaho 83702; and
(ii) the J.R. Simplot Foundation, a charitable foundation
organized as a nonprofit corporation under Idaho law (the
"Foundation"). The Foundation was established by Mr. Simplot for
general charitable purposes. Its principal office is located at
999 Main Street, Boise, Idaho 83702. The directors and executive
officers of the Foundation, their principal occupations and their
business addresses are as follows:
<TABLE>
<CAPTION>
Name Title(s) Principal Occupation Business Address
- -------------- -------- -------------------- ----------------
<S> <C> <C> <C>
John R. Simplot Director, See above See above
President
Don J. Simplot Director, Office of Chairman 999 Main Street
Vice President J.R. Simplot Company Boise, Idaho 83702
Scott R. Simplot Director Office of Chairman 999 Main Street
J.R. Simplot Company Boise, Idaho 83702
</TABLE>
Neither Mr. Simplot, the Foundation, nor any of the executive
officers or directors of the Foundation during the past five years
has been convicted in any criminal proceeding, excluding traffic
violations or similar misdemeanors, and has not been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject
to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such
laws.
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Trust purchased the shares of Stock reported in Item 5
with personal funds of the Trust and with funds provided pursuant
to customary margin arrangements between the Trust and Merrill
Lynch.
The Foundation purchased the shares of Stock reported in Item
5 from liquid assets of the Foundation and with funds provided
pursuant to customary margin arrangements between the Foundation
and Merrill Lynch.
ITEM 4. PURPOSE OF TRANSACTION.
Investment.
(a) The Trust and the Foundation may from time to time seek
to increase, reduce or dispose of their investment in the Stock in
the open market, in privately negotiated transactions, or
otherwise. The determination to effect any such transactions will
depend on, among other things, the market price, availability of
funds, borrowing costs, market conditions, developments affecting
the Issuer and the Trust and the Foundation, other opportunities
available to the Trust and the Foundation and other considerations.
The Trust and the Foundation intend, from time to time, to review
their investment in the Issuer and to take such action with respect
to the Issuer as they consider desirable in light of the
circumstances then prevailing.
(b - j) Not applicable.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a - b) As of August 4, 1999, the Trust owned 8,455,947
shares of Stock. As trustee of the Trust, Mr. Simplot has the sole
power to vote and dispose of such shares. As of August 4, 1999,
the Foundation owned 1,846,600 shares. Mr. Simplot shares with the
other directors of the Foundation, none of whom owns directly any
shares of the Stock, the power to vote and dispose of the shares of
Stock held by the Foundation.
Based upon information contained in the Quarterly Report on
Form 10-Q of the Issuer filed with the Securities and Exchange
Commission for the quarter ended March 31, 1999 (the "10-Q"), the
10,302,547 shares of Stock owned by the Trust and the Foundation
constitute approximately 9.00% of the 114,472,754 shares of Stock
outstanding, as reported in the 10-Q.
(c) During the 60 days prior to and including August 4, 1999,
the Trust acquired the shares of Stock described below in open
market purchases through ordinary brokerage transactions:
<PAGE>
<TABLE>
<CAPTION>
Purchase No. of Price per Share
Date Shares (including commissions)
-------- -------- -----------------------
<S> <C> <C>
07/13/99 2,500,000 $17.429
07/20/99 200,000 16.987
07/27/99 263,700 18.486
07/28/99 1,812,000 18.400
07/29/99 856,800 18.376
07/30/99 1,036,200 18.353
08/02/99 1,000,000 19.038
08/03/99 787,247 19.377
</TABLE>
(c) During the 60 days prior to and including August 4, 1999,
the Foundation acquired the shares of Stock described below in open
market purchases through ordinary brokerage transactions:
<TABLE>
<CAPTION>
Purchase No. of Price per Share
Date Shares (including commissions)
-------- -------- -----------------------
<S> <C> <C>
07/21/99 202,600 $16.659
07/22/99 170,000 16.857
07/26/99 274,000 16.918
07/27/99 1,200,000 18.306
</TABLE>
(d - e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None
<PAGE>
After reasonable inquiry and to the best of my knowledge and
belief, I certify the information set forth in this statement is
true, complete and correct.
JOHN R. SIMPLOT SELF-DECLARATION
OF REVOCABLE TRUST
/s/ John R. Simplot as Trustee
By Ronald N. Graves as attorney-in-fact
________________________________________
John R. Simplot, as Trustee
by Ronald N. Graves, as
attorney-in-fact
Date: August 5, 1999
J.R. SIMPLOT FOUNDATION
/s/ Ronald N. Graves
________________________________________
Ronald N. Graves, Secretary
Date: August 5, 1999
