CYTEC INDUSTRIES INC/DE/
SC 13D/A, 1998-09-24
MISCELLANEOUS CHEMICAL PRODUCTS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  SCHEDULE 13D

           Under the Securities Exchange Act of 1934 (Amendment No. 4)



                The American Materials & Technologies Corporation
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)

                                   027397 10 8
                                 (CUSIP Number)

                                  E.F. Jackman,
                  Vice President, General Counsel and Secretary
                              Cytec Industries Inc.
                           Five Garret Mountain Plaza
                             West Paterson, NJ 07424
                                 (973) 357-3100
                       Name, Address and Telephone Number
           of Person Authorized to Receive Notices and Communications)

                               September 22, 1998
             (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 Sections 240.13d-1(e), 240.13d-1(f) or 13d-1(g), check
the following box [ ]

                                      -1-
<PAGE>   2
<TABLE>
<CAPTION>
<S>                                 <C>
CUSIP No. 027397 10 8
                        1)          Names of Reporting Persons; I.R.S. Identification Nos. of Above Persons (entities only)
                                    Cytec Industries Inc.; IRS 22-3268660.

                        2)           Check the Appropriate Box if a Member of a Group (See Instructions)
                                    (a) [ ]
                                    (b) [X]


                        3)          SEC Use Only

                        4)          Sources of Funds (See Instructions)
                                    WC

                        5)          Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)[ ]


                        6)          Citizenship or Place of Organization
                                    Delaware
Number of Shares                    7) Sole Voting Power
Beneficially Owned                           619,400
by Each Reporting                   8) Shared Voting Power
Person With
                                    9) Sole Dispositive Power
                                             619,400
                                    10) Shared Dispositive Power

                        11)         Aggregate Amount Beneficially Owned by Each Reporting Person
                                            619,400
                        12)         Check if the Aggregate Amount in Row (11) Excludes Certain Shares  (See Instructions)
                                    [X]

                        13)         Percent of Class Represented by Amount in Row (11)
                                            13.8%
                        14)         Type of Reporting Person (See Instructions)
                                    CO
</TABLE>

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<PAGE>   3
<TABLE>
<CAPTION>
<S>                                 <C>
CUSIP No. 027397 10 8
                        1)          Names of Reporting Persons; I.R.S. Identification Nos. of Above Persons (entities only)
                                    CAM Acquisition Corp.

                        2)          Check the Appropriate Box if a Member of a Group (See Instructions)
                                    (a)[ ]
                                    (b)[X]

                        3)          SEC Use Only

                        4)          Sources of Funds (See Instructions)
                                    N.A.

                        5)          Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)[ ]

                        6)          Citizenship or Place of Organization
                                    Delaware

Number of Shares                    7) Sole Voting Power
Beneficially Owned                              0
by each Reporting                   8) Shared Voting Power
Person With                                     0
                                    9) Sole Dispositive Power
                                                0
                                    10) Shared Dispositive Power
                                                0
                        11)         Aggregate Amount Beneficially Owned by Each Reporting Person
                                                0
                        12)         Check if the Aggregate Amount in Row (11) Excludes Certain Shares
                                    (See instructions) [X]

                        13)         Percent of Class Represented by Amount in Row (11)
                                                0.0%

                        14)         Type of Reporting Person (See Instructions)
                                    CO
</TABLE>

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<PAGE>   4
                  This Amendment No. 4 amends the Schedule 13D filed by Cytec
Industries Inc. ("Cytec") and CAM Acquisition Corp. ("Merger Sub") dated
September 8, 1998 (as previously amended by Amendments Nos. 1, 2 and 3 (the
"Schedule 13D"), relating to The American Materials & Technologies Corporation.

                  Items 4 and 6 of the Schedule 13D are hereby amended to add
the following disclosure.

                  From September 21, 1998 through September 22, 1998, Cytec
purchased an additional 49,400 shares of AMT Common Stock, increasing Cytec's
beneficial ownership of AMT Common Stock to approximately 13.8%. Cytec has sole
power to vote or direct the vote and to dispose or direct the disposition of
such shares, provided Cytec does not have the right to vote or direct the vote
at the Special Meeting of shares of AMT Common Stock with respect to which it
became a beneficial owner of record after August 31, 1998.

                  Schedule 2 to the Schedule 13D is hereby amended to disclose
the additional purchases set forth below:

                                 STOCK PURCHASES

<TABLE>
<CAPTION>
                              No. of             Share
            Trade Date        Shares             Price    Commission             Total
            ----------        ------             -----    ----------             -----

<S>                           <C>              <C>        <C>               <C>
         9/21/98               1,500            5.0625         60.00           7656.75*

         9/22/98              47,900            5.2500       1916.00        253,394.00*
</TABLE>


             *Includes $3.00 Service Charge

Capitalized terms used herein and not otherwise defined have the meanings
ascribed to such terms in the Schedule 13D.

Item 7.                 Material to be Filed as  Exhibits

A.       Agreement and Plan of Merger dated as of July 8, 1998 by and among
         Cytec, Merger Sub, and AMT and Amendment to the Agreement and Plan of
         Merger dated as of August 25, 1998 (incorporated by reference to
         exhibit 2.1 to Cytec's Registration Statement on Form S-4, Registration
         Number 333-62287).

B.       Stockholders Agreement dated as of July 8, 1998 by and among Cytec,
         Merger Sub, AMT, Paul W. Pendorf, Steven Georgiev, Robert V. Glaser and
         Buster C. Glosson (incorporated by reference to exhibit 2.2 to Cytec's
         Registration Statement on Form S-4, Registration Number 333-62287).

C.       Description of the Stockholders Agreement and the Merger Agreement
         incorporated by reference from Cytec's Registration Statement on Form
         S-4, Registration Number 333-62287 (previously filed).


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<PAGE>   5
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.

                                   CYTEC INDUSTRIES INC.


Date:  September 23, 1998          By  /s/ J.P. Cronin
                                     -----------------------------------------
                                           J.P. Cronin
                                           Executive Vice President and
                                           Chief Financial Officer

                                   CAM ACQUISITION CORP.


                                   By          /s/ J. P. Cronin
                                     -------------------------------------------
                                                   J. P. Cronin
                                                   President and Chief Executive
                                                   Officer


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