FORM 3 OMB APPROVAL
OMB NUMBER:3235-0104
EXPIRES:APRIL 30, 1997
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE 0.5
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
The Equitable Companies Incorporated
(see attachement A for additional Reporting Persons)
(Last) (First) (Middle)
1290 Avenue of the Americas
(Street)
New York New York 10104
(City) (State) (ZIP)
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2. Date of Event Requiring Statement (Month/Day/Year)
4/11/97
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
SLM International, Inc.
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
Director X 10% Owner
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Officer (give title below) Other
---------- ---------- (specify
below)
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6. If Amendment, date of Original
(Month/Day/Year)
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Table I - Non-Derivative Securties Beneficially Owned
<TABLE>
<CAPTION>
3. Ownership 4. Name of
2. Amount of Securities Form: Direct (D) Indirect Beneficial
1. Title of security Beneficially Owned or Indirect (I) Ownership
(Inst.4) (Instr.4) (Inst.5) (Instr.5)
<S> <C> <C> <C>
Common Stock 1,253,684 (I)* (1)(2)
(See Attachement A for numerical
footnotes)
* -See footnotes (1) and (2) (in Attachment A) with respect to direct ownership of this
stock by certain reporting persons other than The Equitable Companies Incorporated.
</TABLE>
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<PAGE>
FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Date Exercisable and 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature
Derivate Expiration Date Securities Underlying Excercise Price Form of of
Security (Month/Day/Year) Derivative Security of Derivative Derivative Indirect
(Instr.4) (Instr. 4) Security Security: Beneficial
Direct (D) Ownership
or (Instr. 5)
Date Expiration Title Amount or Indirect
Exercisable Date Number of (I)
Shares (Instr. 5)
<S> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses: See Attachment A for numerical footnotes.
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
signed. If space provided is insufficient, SEE Instruction 6 for procedure.
See Attachment A for signatures of additional Reporting Persons.
/s/ Alvin H. Fenichel 4/21/97
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**Signature of Reporting Person Date
Alvin H. Fenichel, Senior Vice President, The Equitable Companies Incorporated
<PAGE>
ATTACHMENT A
REPORTING PERSONS AND SIGNATURES
COMPANY ADDRESS
- ------- -------
ALPHA ASSURANCES VIE MUTUELLE Tour Franklin
100/101 Terrasse Boieldieu
Cedex 11
92042 Paris La Defense, France
AXA ASSURANCES I.A.R.D. MUTUELLE 21, rue de Chateaudun
75009 Paris France
AXA ASSURANCES VIE MUTUELLE Same as above
AXA COURTAGE ASSURANCE MUTUELLE 26, rue Louis le Grand
75002 Paris, France
FINAXA 23, avenue Matignon
75008 Paris, France
AXA-UAP 9 Place Vendome
75001 Paris, France
are Reporting Persons through their interest in The Equitable Companies
Incorporated.
SIGNED ON BEHALF OF THE ABOVE ENTITIES (collectively, the
"Mutuelles AXA, Finaxa and AXA-UAP")
By: /s/ Alvin H. Fenichel
------------------------------------
Alvin H. Fenichel, Attorney-in-Fact
<PAGE>
ATTACHMENT A
(Continued)
ADDRESS
-------
THE EQUITABLE COMPANIES INCORPORATED 1290 Avenue of the Americas
New York, NY 10104
By: /s/ Alvin H. Fenichel
----------------------------------------
Alvin H. Fenichel, Senior Vice President
THE EQUITABLE LIFE ASSURANCE SOCIETY 1290 Avenue of the Americas
OF THE UNITED STATES New York, NY 10104
By: /s/ Alvin H. Fenichel
----------------------------------------
Alvin H. Fenichel, Senior Vice President
THE VOTING TRUSTEES
- -------------------
Claude Bebear; c/o Secretaire General, AXA-UAP
Henri de Clermont-Tonnerre; and Patrice 9 Place Vendome
Garnier (collectively, the "Trustees") 75001 Paris France
pursuant to the Voting Trust Agreement
dated as of May 12, 1992 with AXA-UAP
By: /s/ Alvin H. Fenichel
----------------------------------------
Alvin H. Fenichel, Senior Vice President
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<PAGE>
ATTACHMENT A
(Continued)
FOOTNOTES:
(1) For Form 3 reporting purposes, The Equitable Life Assurance Society of the
United States ("ELAS"), a wholly-owned subsidiary of The Equitable
Companies Incorporated ("Equitable"), directly beneficially owns 1,253,684
shares of SLM International, Inc. common stock ("SLM Common Shares").
(2) AXA-UAP beneficially owns approximately 60.7% of the common stock (the
"Equitable Common Stock"), as well as certain convertible preferred stock,
of Equitable. By virtue of their indirect (through Finaxa) and direct
share ownership of AXA-UAP, the Mutuelles AXA, acting as a group,
indirectly control AXA-UAP. The Mutuelles AXA, Finaxa and AXA-UAP
expressly declare that the filing of this Form 3 shall not be construed
for purposes of Section 16 of the Securities Exchange Act of 1934, as
amended, as an admission of beneficial ownership of the SLM Common Shares
reported in this Form 3.
AXA-UAP has deposited its shares of Equitable Common Stock into a voting
trust. While AXA-UAP remains the beneficial owner of such Equitable Common
Stock, during the term of the voting trust, the Trustees (each of whom is
a member of either the Executive Board or the Supervisory Board of
AXA-UAP) will exercise all voting rights with respect to such Equitable
Common Stock. Accordingly, the Trustees may be deemed to beneficially own
the SLM Common Shares reported in this Form 3. The Trustees expressly
declare that the filing of this Form 3 shall not be construed as an
admission that the Trustees are, for purposes of Section 16 of the
Securities Exchange Act of 1934, as amended, the beneficial owners of any
SLM Common Shares reported in this Form 3.
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