<PAGE> 1
UNITED STATES
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)
(AMENDMENT NO. 1)
Hilite Industries, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
43153 10 1
- --------------------------------------------------------------------------------
(CUSIP Number)
Joseph W. Carreras
Hilite Holdings, LLC
Hilite Mergeco, Inc.
Terminal Square
50 Public Square
32nd Floor
Cleveland, Ohio 44113
(216) 771-6700
with a copy to:
Edward R. Mandell, Esq. Christopher M. Kelly, Esq.
Jordan A. Horvath, Esq. Patrick J. Leddy, Esq.
Parker Chapin Flattau & Klimpl, LLP Jones, Day, Reavis & Pogue
1211 Avenue of the Americas 901 Lakeside Avenue
New York, New York 10036 Cleveland, Ohio 44114
(212) 704-6000 (216) 586-3939
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
April 26, 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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), Rule 13d- 1(f) or Rule 13d-1(g),
check the following box. |_|
Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
Rule 13d-7(b) for other parties to whom copies are to be sent.
<PAGE> 2
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 2 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Hilite Holdings, LLC
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2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
State of Delaware
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Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7% **
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14 Type of Reporting Person*
OO
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
2
<PAGE> 3
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 3 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Hilite Mergeco, Inc.
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2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
State of Delaware
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Number of 7 Sole Voting Power: None
Shares
Beneficially -------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per Share**
by Each
Reporting -------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
-------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per Share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
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14 Type of Reporting Person*
CO
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
3
<PAGE> 4
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 4 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
James E. Lineberger, Jr. Trust
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2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
State of Connecticut
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Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
OO
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
4
<PAGE> 5
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 5 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Geoffry S. Lineberger Trust
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2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
State of Connecticut
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
OO
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
5
<PAGE> 6
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 6 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Christopher Lineberger Trust
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
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3 SEC Use Only
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4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
State of Connecticut
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
OO
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
6
<PAGE> 7
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 7 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
The Brady Family Limited Partnership
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2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
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5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
State of Illinois
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
OO
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
7
<PAGE> 8
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 8 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Samuel M. Berry
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
8
<PAGE> 9
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 9 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Chris A. Curto
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
9
<PAGE> 10
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 10 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Arthur D. Johnson
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
10
<PAGE> 11
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 11 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Ronald E. Reinke
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
11
<PAGE> 12
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 12 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Donald M. Maher
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
12
<PAGE> 13
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 13 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Willie Vercher
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
13
<PAGE> 14
<TABLE>
<CAPTION>
CUSIP NO. 43153 10 1 SCHEDULE 13D Page 14 of 18
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<S> <C>
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Dr. Krishnamurthy Sundararajan
- -----------------------------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- -----------------------------------------------------------------------------------------------------------------------------------
4 Source of Funds*
Not Applicable
- -----------------------------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- -----------------------------------------------------------------------------------------------------------------------------------
Number of 7 Sole Voting Power: None
Shares
Beneficially ------------------------------------------------------------------------------------------------------------------
Owned 8 Shared Voting Power: 3,802,650 shares of common stock, par value of $0.01 per share**
by Each
Reporting ------------------------------------------------------------------------------------------------------------------
Persons with 9 Sole Dispositive Power: None
------------------------------------------------------------------------------------------------------------------
10 Shared Dispositive Power: 3,802,650 shares of common stock, par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person: 3,802,650 shares of common stock,
par value of $0.01 per share**
- -----------------------------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 75.7%**
- -----------------------------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 5 below.
14
<PAGE> 15
ITEM 1. SECURITY AND ISSUER
This Amendment No. 1 amends the Statement on Schedule 13D (the "Schedule 13D")
filed with the Securities and Exchange Commission on May 7, 1999 by Hilite
Holdings, LLC ("Buyer"). This Amendment No. 1 to Schedule 13D relates to the
common stock, $0.01 par value per share (the "Shares") of Hilite Industries,
Inc., a Delaware corporation (the "Company"). The principal office of the
Company is at 1671 S. Broadway, Carrollton, Texas 75006. On April 26, 1999,
Buyer, Hilite Mergeco, Inc. ("Merger Subsidiary"), and the James E. Lineberger,
Jr. Trust, Geoffry S. Lineberger Trust, Christopher Lineberger Trust, The Brady
Family Limited Partnership, Samuel M. Berry, Chris A. Curto, Arthur D. Johnson,
Ronald E. Reinke, Donald M. Maher, Willie Vercher and Dr. Krishnamurthy
Sundararajan (collectively, the "Continuing Stockholders") entered into the
Stockholders Agreement (the "Stockholders Agreement"). As a result of entering
into the Stockholders Agreement, Buyer, Merger Subsidiary and the Continuing
Stockholders have formed a group for the purpose and as described below.
Buyer, Merger Subsidiary and the Continuing Stockholders are collectively
referred to herein as the "Reporting Persons". The following amendments to Items
2 and 5 of Schedule 13D are hereby made. This Amendment No. 1 supersedes the
Statement on Schedule 13D filed with the Securities Exchange Commission on May
7, 1999 by Merger Subsidiary.
ITEM 2. IDENTITY AND BACKGROUND
Item 2 of the Schedule 13D is hereby amended as follows:
(a) - (d) The information set forth in the Company's Offer to Purchase, dated as
of May 3, 1999 (the "Offer to Purchase"), a copy of which is attached hereto as
Exhibit 2(a), under "THE TENDER OFFER -- Section 15. Certain Information
Concerning Buyer and Merger Subsidiary" is incorporated herein by reference.
The trustees of the James E. Lineberger, Jr. Trust and the Christopher
Lineberger Trust are James E. Lineberger, Jr. and Harrietjo Lineberger. The
trustees of the Geoffry S. Lineberger Trust are James E. Lineberger, Jr. and
Christopher Lineberger. James E. Lineberger and Harrietjo Lineberger are husband
and wife and the parents of James E. Lineberger, Jr., Christopher Lineberger and
Geoffry S. Lineberger. James E. Lineberger is the Chairman of the Board of
Directors of the Company. James E. Lineberger and James E. Lineberger, Jr. are
each associated with the firm Lineberger & Co., LLC., a private investment
company engaged in the acquisition of publicly-owned companies, subsidiaries or
divisions of large corporations and privately owned businesses. The address of
each of the above trusts is: 1120 Boston Post Road, Darien, CT 06820.
Daniel W. Brady is the General Partner of The Brady Family Limited
Partnership. Mr. Brady is associated with Lineberger & Co., LLC. Mr. Brady is
also Chief Executive Officer and Vice-Chairman of the Board of Directors of the
Company. The address of The Brady Family Partnership is 2845 Parkwood Lane,
Aurora, IL 60504.
Samuel M. Berry is President, Chief Operating Officer and a Director of
the Company. Chris A. Curto is Controller of the Company. Arthur D. Johnson is
Vice-President of Operations of the Company. Donald M. Maher is
Vice-President-Sales and Marketing of the Company. Ronald E. Reinke is Vice
President-Engineering of the Company. Willie Vercher is the Plant Manager at the
Fort Worth, Texas facility (MAPCO) of the Company. Dr. Krishnamurthy
Sundararajan is the General Manager of the NASS division of the Company. The
address of each of the above persons is: c/o Hilite Industries, Inc., 1671 S.
Broadway, Carrollton, Texas 75006.
(e) - (f) None of the Reporting Persons, nor any natural person listed in the
Offer to Purchase under "THE TENDER OFFER -- Section 15. Certain Information
Concerning Buyer and Merger Subsidiary" during the past five years, to its or
his knowledge, (i) has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or (ii) other than as set forth in
"SCHEDULE I. Directors and Executive Officers of the Company," was a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which any such person was or is subject to a judgment, decree or
final order enjoining further violations of, or prohibiting activities subject
to, federal or state securities laws or finding any violation of such laws.
15
<PAGE> 16
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Schedule 13D is hereby amended as follows:
(a) - (b) On April 26, 1999, the Company, Buyer and Merger Subsidiary entered
into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the
Merger Agreement, on May 3, 1999, the Company made an offer (the "Offer") to
purchase all of its outstanding common shares of common stock, par value $0.01
per share (the "Shares"). Pursuant to the Merger Agreement, Buyer agreed to
purchase, after the expiration of the Offer but immediately prior to its
consummation, 1,681,414 newly issued Shares (the "Buyer Shares"). As a result of
Buyer's agreement to purchase the Buyer Shares, Buyer may be construed as being
the beneficial owner of the Buyer Shares, which, after giving effect to the
purchase of the Buyer Shares, the consummation of the Offer and the consummation
of the merger of Merger Subsidiary with and into the Company pursuant to the
Merger Agreement (the "Merger"), will constitute approximately 92.2% of the
outstanding Shares.
Buyer and Merger Subsidiary have also entered into a Stockholders Agreement,
dated as of April 26, 1999, with the Continuing Stockholders (the "Stockholders
Agreement"), providing, subject to certain conditions, for (i) the tender,
pursuant to the Offer to Purchase, of certain Shares owned or controlled by the
Continuing Stockholders, (ii) the retention by the Continuing Stockholders of
certain Shares owned or controlled by them and (iii) the grant of an irrevocable
proxy to Buyer by the Continuing Stockholders to vote all Shares owned or
controlled by them in favor of the Merger and with respect to certain other
matters as described more fully in the Stockholders Agreement. The Continuing
Stockholders own in the aggregate 3,802,650 Shares (including 96,150 Shares
issuable upon the exercise of options granted pursuant to the 1993 Stock Option
Plan). Each of the Reporting Persons may be construed as being the beneficial
owners of 3,802,650 Shares. Such Shares constitute 75.7% of the outstanding
Shares.
16
<PAGE> 17
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.
Date: May 19, 1999
HILITE INDUSTRIES, INC.
/s/ SAMUEL M. BERRY
------------------------------------
By: Samuel M. Berry
President and Chief Operating Officer
HILITE HOLDINGS, LLC
/s/ JOSEPH W. CARRERAS
------------------------------------
By: Joseph W. Carreras
President
HILITE MERGECO, INC.
/s/ JOSEPH W. CARRERAS
------------------------------------
By: Joseph W. Carreras
President
JAMES E. LINEBERGER, JR. TRUST
/s/ JAMES E. LINEBERGER, JR.
------------------------------------
By: James E. Lineberger, Jr.
Trustee
GEOFFRY S. LINEBERGER TRUST
/s/ JAMES E. LINEBERGER, JR.
------------------------------------
By: James E. Lineberger, Jr.
Trustee
17
<PAGE> 18
CHRISTOPHER LINEBERGER TRUST
/s/ JAMES E. LINEBERGER, JR.
------------------------------------
By: James E. Lineberger, Jr.
Trustee
THE BRADY FAMILY LIMITED PARTNERSHIP
/s/ DANIEL W. BRADY
------------------------------------
By: Daniel W. Brady
General Partner
/s/ SAMUEL M. BERRY
--------------------------------------
Samuel M. Berry
/s/ CHRIS A. CURTO
-------------------------------------
Chris A. Curto
/s/ ARTHUR D. JOHNSON
------------------------------------
Arthur D. Johnson
/s/ RONALD E. REINKE
------------------------------------
Ronald E. Reinke
/s/ DONALD M. MAHER
------------------------------------
Donald M. Maher
/s/ WILLIE VERCHER
------------------------------------
Willie Vercher
/s/ DR. KRISHNAMURTHY SUNDARARAJAN
------------------------------------
Dr. Krishnamurthy Sundararajan
18