UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 3)
GOLDEN STATE BANCORP INC.
___________________________________________________________________________
(Name of Issuer)
COMMON STOCK, PAR VALUE $1.00 PER SHARE
___________________________________________________________________________
(Title of Class and Securities)
381197 10 2
___________________________________________________________________________
(CUSIP Number)
BARRY F. SCHWARTZ, ESQ. GERALD J. FORD
MACANDREWS & FORBES HOLDINGS INC. HUNTER'S GLEN/FORD, LTD.
35 EAST 62ND STREET 200 CRESCENT COURT, SUITE 1350
NEW YORK, NEW YORK 10021 DALLAS, TEXAS 75201
(212) 572-8600 (214) 871-5131
___________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
AUGUST 13, 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 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 [ ]
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other parties
to whom copies are to be sent.
SCHEDULE 13D
CUSIP No. 381197 10 2
___________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
MAFCO HOLDINGS INC.
___________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (X)
(b) ( )
___________________________________________________________________
3. SEC USE ONLY
___________________________________________________________________
4. SOURCE OF FUNDS
00
___________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
___________________________________________________________________
7. SOLE VOTING POWER
NUMBER OF - 0 -
SHARES _____________________________________
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 45,499,525*
EACH _____________________________________
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH _____________________________________
10. SHARED DISPOSITIVE POWER
45,499,525*
___________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,499,525*
___________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
___________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
35.47%
___________________________________________________________________
14. TYPE OF REPORTING PERSON
CO
___________________________________________________________________
* Mafco Holdings Inc. expressly disclaims any beneficial
interest in any shares of Common Stock beneficially owned
by Hunter's Glen/Ford, Ltd., Ford Diamond Corporation or
Gerald J. Ford.
CUSIP No. 381197 10 2
____________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
GSB INVESTMENTS CORP.
___________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (X)
(b) ( )
___________________________________________________________________
3. SEC USE ONLY
___________________________________________________________________
4. SOURCE OF FUNDS
00
___________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
___________________________________________________________________
7. SOLE VOTING POWER
NUMBER OF - 0 -
SHARES _____________________________________
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 45,499,525*
EACH _____________________________________
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH _____________________________________
10. SHARED DISPOSITIVE POWER
45,499,525*
___________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,499,525*
___________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
___________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
35.47%
___________________________________________________________________
14. TYPE OF REPORTING PERSON
CO
___________________________________________________________________
* GSB Investments Corp. expressly disclaims any beneficial
interest in any shares of Common Stock beneficially
owned by Hunter's Glen/Ford, Ltd., Ford Diamond Corporation
or Gerald J. Ford.
CUSIP No. 381197 10 2
___________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
GERALD J. FORD
___________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (X)
(b) ( )
___________________________________________________________________
3. SEC USE ONLY
___________________________________________________________________
4. SOURCE OF FUNDS
00
___________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
___________________________________________________________________
7. SOLE VOTING POWER
NUMBER OF - 0 -
SHARES _____________________________________
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 16,763,782*
EACH _____________________________________
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH _____________________________________
10. SHARED DISPOSITIVE POWER
16,763,782*
___________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,763,782*
___________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
___________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.07%
___________________________________________________________________
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________________
* Mr. Ford disclaims any beneficial interest in any
shares of Common Stock beneficially owned by Mafco
Holdings Inc. or GSB Investments Corp.
CUSIP No. 381197 10 2
___________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
FORD DIAMOND CORPORATION
___________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (X)
(b) ( )
___________________________________________________________________
3. SEC USE ONLY
___________________________________________________________________
4. SOURCE OF FUNDS
00
___________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
___________________________________________________________________
7. SOLE VOTING POWER
NUMBER OF - 0 -
SHARES _____________________________________
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 16,763,782*
EACH _____________________________________
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH _____________________________________
10. SHARED DISPOSITIVE POWER
16,763,782*
___________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,763,782*
___________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
___________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.07%
___________________________________________________________________
14. TYPE OF REPORTING PERSON
CO
___________________________________________________________________
* Ford Diamond Corporation expressly disclaims any beneficial
interest in any shares of Common Stock beneficially owned
by Mafco Holdings Inc. or GSB Investments Corp.
CUSIP No. 381197 10 2
___________________________________________________________________
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
HUNTER'S GLEN/FORD, LTD.
___________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) (X)
(b) ( )
___________________________________________________________________
3. SEC USE ONLY
___________________________________________________________________
4. SOURCE OF FUNDS
00
___________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
___________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
___________________________________________________________________
7. SOLE VOTING POWER
NUMBER OF - 0 -
SHARES _____________________________________
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 16,763,782*
EACH _____________________________________
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH _____________________________________
10. SHARED DISPOSITIVE POWER
16,763,782*
___________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,763,782*
___________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
___________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13.07%
___________________________________________________________________
14. TYPE OF REPORTING PERSON
CO
___________________________________________________________________
* Hunter's Glen/Ford, Ltd. expressly disclaims any beneficial
interest in any shares of Common Stock beneficially owned
by Mafco Holdings Inc. or GSB Investments Corp.
___________________________________________________________________________
CUSIP No. 381197 10 2 13D
___________________________________________________________________________
This Amendment No. 3 to the Statement on Schedule 13D amends the
Statement on Schedule 13D, dated September 11, 1998, as amended by
Amendment No. 1 thereto, dated December 30, 1998 and Amendment No. 2
thereto, dated January 21, 1999 (as so amended, the "Schedule 13D"), filed
by (a) Mafco Holdings Inc., a Delaware corporation ("Mafco Holdings"), (b)
GSB Investments Corp., a Delaware corporation and an indirect wholly owned
subsidiary of Mafco Holdings ("Investments Corp."), (c) Gerald J. Ford
("Ford"), (d) Ford Diamond Corporation, a Texas corporation ("FDC") and (e)
Hunter's Glen/Ford, Ltd., a Texas limited partnership ("Hunter's Glen", and
together with Mafco Holdings, Investments Corp., Ford and FDC, the
"Reporting Persons"), with respect to the common stock, par value $1.00 per
share (the "Common Stock"), of Golden State Bancorp Inc., a Delaware
corporation (the "Company"). The principal executive offices of the
Company are located at 135 Main Street, San Francisco, California 94105.
Capitalized terms used herein shall have the meanings ascribed to them in
the Schedule 13D unless otherwise defined.
ITEM 4. PURPOSE OF TRANSACTION
The following is added to the response to Item 4:
This Statement is being filed to reflect percentage changes in
beneficial ownership and voting power of the Reporting Persons that have
occurred as a result of the Company's established program to repurchase
Common Stock. Consequently the changes in beneficial ownership and voting
power reported in this Statement are not the result of any expenditures of
funds by the Reporting Persons, but rather resulted from the Company's
repurchasing shares of its Common Stock from shareholders, other than the
Reporting Persons.
As of the date hereof, the Company has informed the Reporting
Persons that the Company has repurchased 6,344,100 shares of Common Stock
since the Reporting Persons filed their last amendment to Schedule 13D on
January 21, 1999.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The following is added to the response to Item 5:
(a) - (b) As of August 12, 1999, based upon information provided
by the Company, there were 128,268,749 outstanding shares of Common Stock.
Mafco Holdings and Investments Corp. may be deemed to share beneficial
ownership of 45,499,525 shares of Common Stock, representing 35.47% of the
Common Stock outstanding, and Mr. Ford, FDC and Hunter's Glen may be deemed
to share beneficial ownership of 16,763,782 shares of Common Stock,
representing 13.07% of the Common Stock outstanding. Mafco Holdings and
Investments Corp. expressly disclaim any beneficial ownership of or
interest in any shares of Common Stock beneficially owned by Hunter's Glen,
FDC or Mr. Ford. Mr. Ford, FDC and Hunter's Glen expressly disclaim any
beneficial ownership of or interest in any shares of Common Stock
beneficially owned by Mafco Holdings or Investments Corp.
(c) There were no transactions with respect to Common Stock by the
Reporting Persons or, to the knowledge of the Reporting Persons, any of the
persons named on Schedule I hereto during the past 60 days.
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: August 25, 1999
MAFCO HOLDINGS INC.
By: /s/ Glenn P. Dickes
_____________________________
Name: Glenn P. Dickes
Title: Senior Vice President
GSB INVESTMENTS CORP.
By: /s/ Glenn P. Dickes
_____________________________
Name: Glenn P. Dickes
Title: Vice President
FORD DIAMOND CORPORATION
By: /s/ Nancy Foederer
_____________________________
Name: Nancy Foederer
Title: Vice President
HUNTER'S GLEN/FORD, LTD.
By: Ford Diamond Corporation,
General Partner
By: /s/ Nancy Foederer
____________________________
Name: Nancy Foederer
Title: Vice President
SCHEDULE I
DIRECTORS AND EXECUTIVE OFFICERS
Mafco Holdings Inc.
Set forth below is each director and executive officer of Mafco
Holdings Inc. Unless otherwise indicated each person identified below is
principally employed by Mafco Holdings Inc. The principal address of Mafco
Holdings Inc. and the current business address for each individual listed
below is 35 East 62nd Street, New York, New York 10021. Each such person
is a citizen of the United States.
Name and Address Present Principal Occupation or Employment
---------------- ------------------------------------------
Ronald O. Perelman Director and Chairman of the Board
Donald G. Drapkin Director and Vice Chairman
Howard Gittis Director and Vice Chairman
James R. Maher Director and President
Todd J. Slotkin Executive Vice President and Chief Financial
Officer
Barry F. Schwartz Executive Vice President and General Counsel
DIRECTORS AND EXECUTIVE OFFICERS
GSB Investments Corp.
Set forth below is each director and executive officer of GSB
Investments Corp. The principal address of GSB Investments Corp. and the
current business address for each individual listed below is 35 East 62nd
Street, New York, New York 10021. Each such person is a citizen of the
United States. Each person identified below is principally employed by
Mafco Holdings Inc. in the capacity set forth below.
Position Held with Position Held with
Name and Address GSB Investment Corp. Mafco Holdings Inc.
---------------- -------------------- -------------------
Ronald O. Perelman Director and Chairman Director, Chairman of
of the Board and Chief the Board and Chief
Executive Officer Executive Officer
Howard Gittis Director; Vice Chairman Director, Vice Chairman
Donald G. Drapkin Vice Chairman Director, Vice Chairman
James R. Maher President Director, President
Todd J. Slotkin Executive Vice President Executive Vice President
and Chief Financial and Chief Financial
Officer Officer
Barry F. Schwartz Executive Vice President Executive Vice President
and General Counsel and General Counsel
