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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
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. 2)
TOO, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE 890333-10-7
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(Title of class of securities) (CUSIP number)
RAYMOND O. GIETZ, ESQ.
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WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153
(212) 310-8000
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(Name, address and telephone number of person authorized to receive notices and
communications)
JULY 3, 2000
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(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rules 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [_].
NY2:\928278\02\JW9$02!.DOC\80808.0004
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<TABLE>
<CAPTION>
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 2
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----------------- ----------------------------------------------- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON: Leslie H. Wexner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- ----------------------------------------------------- -------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
----------------------- ----- -------------------------------------- -------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 5,029,909
SHARES
----- -------------------------------------- -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 358,261
OWNED BY
----- -------------------------------------- -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 5,105,073
REPORTING
----- -------------------------------------- -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 358,261
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 5,463,334
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [X]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.8%
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14 TYPE OF REPORTING PERSON: IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
2
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 3
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1 NAME OF REPORTING PERSON: The Wexner Foundation
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 23-7320631
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- ----------------------------------------------------- -------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio
---------------------- ------ -------------------------------------- -------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 81,189
SHARES
------ -------------------------------------- -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
------ -------------------------------------- -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 81,189
REPORTING
------ -------------------------------------- -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 81,189
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.3%
-------------- ---------------------------------------- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
3
<PAGE>
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 4
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1 NAME OF REPORTING PERSON: Health and Science Interests II
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 13-7022662
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- ----------------------------------------------------- -------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio
----------------------- ----- -------------------------------------- -------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 50,001
SHARES
----- -------------------------------------- -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
----- -------------------------------------- -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 50,001
REPORTING
----- -------------------------------------- -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 50,001
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
-------------- ---------------------------------------- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
4
<PAGE>
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 5
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1 NAME OF REPORTING PERSON: The Wexner Children's Trust
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- -------------------------------------------------------- ----------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio
-------------------------- ------- ------------------------------------ ----------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 2,250,075
SHARES
------- ------------------------------------ ----------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
------- ------------------------------------ ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 2,250,075
REPORTING
------- ------------------------------------ ----------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,250,075
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 7.3%
-------------- ---------------------------------------- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
5
<PAGE>
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 6
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1 NAME OF REPORTING PERSON: Harry, Hannah, David and Sarah Wexner Trust
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 13-7174197
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- ----------------------------------------------------- -------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Ohio
-------------------------- ------ ---------------------------------- -------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 227,071
SHARES
------ ---------------------------------- -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
------ ---------------------------------- -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 227,071
REPORTING
------ ---------------------------------- -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 227,071
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.7%
-------------- ---------------------------------------- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
6
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<S> <C> <C> <C>
CUSIP No. 890333-10-7 13D Page 7
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1 NAME OF REPORTING PERSON: ASW Holdings, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 31-1654943
-------------- ----------------------------------------------------------------------------------------------------- -------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [_]
(B) [X]
-------------- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
-------------- ----------------------- -------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
-------------- ----------------------------------------------------------------------------------------------------- -------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
-------------- ----------------------------------------------------- -------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
-------------------------- ------ ---------------------------------- -------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: -0-
SHARES
------ ---------------------------------- -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
------ ---------------------------------- -------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
------ ---------------------------------- -------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
-------------- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: -0-
-------------- ----------------------------------------------------------------------------------------------------- -------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
-------------- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.0%
-------------- ---------------------------------------- --------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
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</TABLE>
SEE INSTRUCTIONS BEFORE FILLING OUT!
7
<PAGE>
This Amendment No. 2 amends the Schedule 13D dated August 27, 1999, as
amended, and is filed by Leslie H. Wexner, for and on behalf of himself, The
Wexner Foundation, Health and Science Interests II, The Wexner Children's Trust,
Harry, Hannah, David and Sarah Wexner Trust and ASW Holdings, Inc.
(collectively, the "Reporting Persons"), with respect to the common stock, par
value $0.01 per share ("Common Stock"), of Too, Inc. (the "Company").
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a) The responses of the Reporting Persons to Rows (11) through (13) of
the cover pages of this Amendment No. 2 to Schedule 13D are incorporated herein
by reference. As of July 4, 2000, the Reporting Persons beneficially owned the
number shares of the Common Stock listed below, representing approximately the
percentage of the outstanding shares of Common Stock set forth opposite such
number (the outstanding shares of Common Stock, 30,735,480, being based on the
number of shares outstanding as of the close of business on May 24, 2000, as
reported in the Company's Form 10-Q for the fiscal quarter ended April 29,
2000):
<TABLE>
<CAPTION>
Percent
Person Number of Shares of Class
------------------- ------------------------- --------
<S> <C> <C>
1. Leslie H. Wexner 5,463,334 (1)(2)(3)(4)(5)(6) 17.8%
2. The Wexner Foundation 81,189 (1) 0.3%
3. Health and Science Interests II 50,001 (2) 0.2%
4. The Wexner Children's Trust 2,250,075 (4) 7.3%
5. Harry, Hannah, David and Sarah Wexner 227,071 (5) 0.7%
Trust
6. ASW Holdings, Inc. 0 (6) 0.0%
</TABLE>
------------------------------
1. Power to vote or direct the disposition of the 81,189 shares held by
The Wexner Foundation may be deemed to be shared by Leslie H. Wexner
and Jeffrey E. Epstein as the trustees of The Wexner Foundation. Leslie
H. Wexner and Jeffrey E. Epstein disclaim beneficial ownership of the
shares held by The Wexner Foundation.
2. Power to vote or direct the disposition of the 50,001 shares held by
Health and Science Interests II may be deemed to be shared by Leslie H.
Wexner and Jeffrey E. Epstein as trustees thereof. Leslie H. Wexner and
Jeffrey E. Epstein disclaim beneficial ownership of shares held by
Health and Science Interests II.
3. Includes 75,164 shares held in The Limited, Inc. Savings and Retirement
Plan for Mr. Wexner's account (as of May 31, 2000) over which he
exercises dispositive but not voting control. Excludes 125 shares held
directly by Abigail S. Wexner, Mr. Wexner's wife, and 28,572 shares
held in a trust of which Ms. Wexner is a beneficiary, as to which Mr.
Wexner disclaims beneficial ownership.
8
<PAGE>
4. Power to vote or direct the disposition of the 2,250,075 shares held by
Leslie H. Wexner as the sole trustee of The Wexner Children's Trust.
5. Power to vote or direct the disposition of the 227,071 shares held by
the Harry, Hannah, David and Sarah Wexner Trust may be deemed to be
shared by Leslie H. Wexner and Jeffrey E. Epstein as trustees of such
trust.
6. Power to vote or direct the disposition of the shares held by ASW
Holdings, Inc. may be deemed to be shared by ASW Holdings, Inc. with
Leslie H. Wexner, by reason of his rights as the settlor of the trust
that holds 100% of the outstanding capital stock of ASW Holdings, Inc.
(b) The responses of the Reporting Persons to (i) Rows (7) through (10)
of the cover pages of this Amendment No. 2 and (ii) Item 5(a) hereof are
incorporated herein by reference.
(c) Since the filing of Amendment No. 1 to Schedule 13D, the Reporting
Persons effected the following transactions in the Common Stock:
<TABLE>
<CAPTION>
Date of Amount of Price per Where and
Person Transaction Securities Share How Effected
------ ----------- ---------- ----- ------------
<S> <C> <C> <C> <C>
Harry, Hannah, David and 7/3/00 150,043 shares $25.50 Midwest Stock Exchange (sale)
Sarah Wexner Trust
ASW Holdings, Inc. 7/3/00 499,957 shares $25.50 Midwest Stock Exchange (sale)
</TABLE>
(d), (e): Not Applicable
Item 7. Materials to be Filed as Exhibits.
---------------------------------
Exhibit 1 Joint Filing Agreement by and among Leslie H. Wexner, The Wexner
Foundation, Health and Science Interests II, The Wexner Children's
Trust, the Harry, Hannah, David and Sarah Wexner Trust, and ASW
Holdings, Inc., dated July 5, 2000.
9
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: July 5, 2000
Leslie H. Wexner
-----------------------------------------
Leslie H. Wexner
THE WEXNER FOUNDATION
By: Darren K. Indyke
-------------------------------------
Darren K. Indyke, Secretary
HEALTH AND SCIENCE INTERESTS II
By: Jeffrey E. Epstein
-------------------------------------
Jeffrey E. Epstein, Trustee
THE WEXNER CHILDREN'S TRUST
By: Leslie H. Wexner
-------------------------------------
Leslie H. Wexner, Trustee
HARRY, HANNAH, DAVID AND
SARAH WEXNER TRUST
By: Jeffrey E. Epstein
-------------------------------------
Jeffrey E. Epstein, Trustee
ASW HOLDINGS, INC.
By: Jeffrey E. Epstein
-------------------------------------
Jeffrey E. Epstein, President
10
<PAGE>
EXHIBIT INDEX
-------------
Exhibit No.
-----------
Exhibit 1 Joint Filing Agreement by and among Leslie H. Wexner, The Wexner
Foundation, Health and Science Interests II, The Wexner Children's
Trust, the Harry, Hannah, David and Sarah Wexner Trust, and ASW
Holdings, Inc., dated July 5, 2000.
11
