SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Westpoint Stevens Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
961238102
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(CUSIP Number)
Greenwich Street Capital Partners II, L.P.
500 Campus Drive
Suite 220
Florham Park, NJ 07932
Attention: Matthew Kaufman
(973) 437-1000
with a copy to:
Ronald R. Jewell, Esq.
Dechert Price & Rhoads
30 Rockefeller Plaza, New York, NY 10012
(212) 698-3589
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 24, 2000
--------------------------------------------------------------------------------
(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: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all
<PAGE>
exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
* 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 2 of 16 Pages
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 3 of 16 Pages
--------------------------- ---------------------------
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1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greenwich Street Capital Partners II, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 4 of 16 Pages
--------------------------- ---------------------------
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1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GSCP (NJ), L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 5 of 16 Pages
--------------------------- ---------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GSCP (NJ), Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 6 of 16 Pages
--------------------------- ---------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greenwich Street Investments II, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
00
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 7 of 16 Pages
--------------------------- ---------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred C. Eckert III
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 8 of 16 Pages
--------------------------- ---------------------------
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1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Keith W. Abell
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 9 of 16 Pages
--------------------------- ---------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sanjay H. Patel
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------- ---------------------------
CUSIP No. 961238102 Page 10 of 16 Pages
--------------------------- ---------------------------
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1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard M. Hayden
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
--------------------------------------------------------------------------------
Number of 7 SOLE VOTING POWER
Shares
Beneficially 0
owned by --------------------------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5 of Amendment No. 2
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5 of Amendment No. 2
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
1. Security and Issuer.
This Amendment No. 3 to Schedule 13D ("Amendment No. 3") amends and
supplements the Schedule 13D filed with the Securities and Exchange Commission
on August 10, 2000 (the "Original 13D" and as amended and supplemented by
Amendment No. 1 filed with the Securities and Exchange Commission (the
"Commission") on August 24, 2000 ("Amendment No. 1"), Amendment No. 2 filed with
the Commission on September 29, 2000 ("Amendment No. 2") and this Amendment No.
3, (this "Schedule 13D")) in connection with the common stock, par value $.01
per share (the "Common Stock"), of Westpoint Stevens Inc., a Delaware
corporation (the "Issuer"). Capitalized terms used herein without definition
shall have the respective meanings ascribed thereto in the Original 13D.
6. Contracts, Arrangments, Understandings or Relationships with Respect
to securities of the Issuer.
Item 6 is amended and supplemented to reflect that Alfred C. Eckert III
has been elected to the Board of Directors of the Issuer as of October 24, 2000.
Nothing in this Amendment No. 3 shall be construed as an admission that
the Reporting Persons and any other persons or entities constitutes a "group"
for purposes of Section 13(d) of the Act and the rules and regulations
promulgated thereunder.
11
<PAGE>
7. Material to be Filed as Exhibits.
Exhibit I -- Joint Filing Agreement, dated as of November 1, 2000,
among the Reporting Persons.
12
<PAGE>
SIGNATURE
---------
After reasonable inquiry and to the best knowledge and belief of the
Reporting Persons, the Reporting Persons certify that the information set forth
in this statement is true, complete and correct.
GREENWICH STREET CAPITAL PARTNERS II, L.P.
Dated: November 1, 2000 By: Greenwich Street Investments II, L.L.C.,
its general partner
By: /s/ Alfred C. Eckert III
--------------------------
Name: Alfred C. Eckert III
Title: Managing Member
GSCP (NJ), L.P.
By: GSCP (NJ), Inc., its general partner
By: /s/ Alfred C. Eckert III
--------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GSCP (NJ), INC.
By: /s/ Alfred C. Eckert III
--------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GREENWICH STREET INVESTMENTS II, L.L.C.
By: /s/ Alfred C. Eckert III
--------------------------
Name: Alfred C. Eckert III
Title: Managing Member
/s/ Alfred C. Eckert III
--------------------------
Alfred C. Eckert III
/s/ Keith W. Abell
------------------------------
Keith W. Abell
13
<PAGE>
/s/ Sanjay H. Patel
------------------------------
Sanjay H. Patel
/s/ Richard M. Hayden
------------------------------
Richard M. Hayden
14
<PAGE>
EXHIBIT I TO AMENDMENT NO. 3
----------------------------
JOINT FILING AGREEMENT
WHEREAS, in accordance with Rule 13d-1(f) under the Securities and
Exchange Act of 1934 (the "Act"), only one joint statement and any amendments
thereto need to be filed whenever one or more persons are required to file such
a statement or any amendments thereto pursuant to Section 13(d) of the Act with
respect to the same securities, provided that said persons agree in writing that
such statement or amendments thereto is filed on behalf of each of them;
NOW, THEREFORE, the undersigned acknowledge and agree that the
foregoing Amendment No. 3 to Schedule 13D is filed on behalf of each of the
undersigned and all subsequent amendments to the Original 13D shall be on behalf
of each of the undersigned without the necessity of filing additional joint
filing statements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning him or her contained therein, but shall not be
responsible for the completeness and accuracy of the information concerning the
others, except to the extent that he or she knows of reason to believe that such
information is not accurate.
GREENWICH STREET CAPITAL PARTNERS II, L.P.
Dated: November 1, 2000 By: Greenwich Street Investments II, L.L.C.,
its general partner
By: /s/ Alfred C. Eckert III
--------------------------
Name: Alfred C. Eckert III
Title: Managing Member
15
<PAGE>
GSCP (NJ), L.P.
By: GSCP (NJ), Inc., its general partner
By: /s/ Alfred C. Eckert III
-----------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GSCP (NJ), Inc.
By: /s/ Alfred C. Eckert III
-----------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GREENWICH STREET INVESTMENTS II, L.L.C.
By: /s/ Alfred C. Eckert III
-----------------------------
Name: Alfred C. Eckert III
Title: Managing Member
/s/ Alfred C. Eckert III
------------------------------
Alfred C. Eckert III
/s/ Keith W. Abell
------------------------------
Keith W. Abell
/s/ Sanjay H. Patel
------------------------------
Sanjay H. Patel
/s/ Richard M. Hayden
------------------------------
Richard M. Hayden
