UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Dickstein Mark
c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, NY 10021
2. Issuer Name and Ticker or Trading Symbol
Marvel Enterprises, Inc. (MVL)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
November 1999 (3)
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( )( ) Director ( )(2) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X)(1) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
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Page 1 of 11
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month(3) |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
8% Cumulative Conver- | (4) |11/1/| S | |1,300,000 | |Imme-| N/A |Common | (4) |$6.38 | |(D)| (1)(6) |
tible Exchangeable | | 99 | | | (5) | |diate| |Stock | | | |(I)| |
Stock, $.01 par value | | | | | | | | | | | | | | |
(the "Perferred | | | | | | | | | | | | | | |
Stock") | | | | | | | | | | | | | | |
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| |11/2/| S| | | 514,704 | | | | | | $6.38 | 203,659(3) |(D)| (1)(6) |
| |99 | | | | (5) | | | | | | | |(I)| |
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| |11/2/| S| | | 200,000 | | | | | | $6.38 | 204,397(3) |(D)| (1)(8) |
| |99 | | | | (7) | | | | | | | |(I)| |
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| |11/2/| S| | | 100,000 | | | | | | $6.38 | 51,540(3) |(D)| (10) |
| |99 | | | | (9) | | | | | | | | | |
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</TABLE>
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ Mark Dickstein
- --------------------------------------------
Mark Dickstein
12/02/99
- -------------
DATE
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Dickstein & Co., L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN & CO., L.P.
By: Dickstein Partners, L.P., general partner
By: Dickstein Partners Inc., general partner
By: /s/ Alan Cooper 12/02/99
---------------------- --------
Name: Alan S. Cooper Date
Title: Vice President
Page 3 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Dickstein Focus Fund L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN FOCUS FUND L.P.
By: Dickstein Partners, L.P., general partner
By: Dickstein Partners Inc., general partner
By: /s/ Alan Cooper 12/02/99
---------------------- --------
Name: Alan S. Cooper Date
Title: Vice President
Page 4 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Dickstein International Limited
Address: 129 Front Street
Hamilton HM 12, Bermuda
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN INTERNATIONAL LIMITED
By: Dickstein Partners Inc., its advisor
By: /s/ Alan Cooper 12/02/99
---------------------- --------
Name: Alan S. Cooper Date
Title: Vice President
Page 5 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Dickstein Partners, L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN PARTNERS, L.P.
By: Dickstein Partners Inc., general partner
By: /s/ Alan Cooper 12/02/99
---------------------- --------
Name: Alan S. Cooper Date
Title: Vice President
Page 6 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Dickstein Partners Inc.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN PARTNERS INC.
By: /s/ Alan Cooper 12/02/99
---------------------- --------
Name: Alan S. Cooper Date
Title: Vice President
Page 7 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Mark and Elyssa Dickstein Foundation
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
MARK DICKSTEIN AND ELYSSA
DICKSTEIN, AS TRUSTEES OF
THE MARK AND ELYSSA
DICKSTEIN FOUNDATION
By: /s/ Mark Dickstein 12/02/99
--------------------- --------
Mark Dickstein Date
Trustee
Page 8 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Elyssa Dickstein
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
/s/ Elyssa Dickstein 12/02/99
- -------------------- --------
Elyssa Dickstein Date
Page 9 of 11
<PAGE>
Joint Filer Information
-----------------------
Name: Elyssa Dickstein, Jeffrey Schwarz and
Alan Cooper, as Trustees u/t/a/d 12/27/88,
Mark Dickstein, as Grantor
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Statement for
Month/Year: November, 1999 (3)
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
MARK DICKSTEIN AND ELYSSA
DICKSTEIN, AS TRUSTEES OF
ELYSSA DICKSTEIN, JEFFREY SCHWARZ,
AND ALAN COOPER, AS TRUSTEES U/T/A/D
12/27/88, MARK DICKSTEIN, AS GRANTOR
By: /s/ Alan Cooper 12/02/99
------------------ --------
Alan Cooper Date
Trustee
Page 10 of 11
<PAGE>
Name and address of Designated Filer: Mark Dickstein
C/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Statement for Month/Year: November, 1999 (3)
Issuer Name and Trading Ticket or Symbol: Marvel Enterprises, Inc. (MVL)
Explanation of Responses:
(1) Mark Dickstein ("Mr. Dickstein") is the president and sole shareholder of
Dickstein Partners Inc. ("DPI") and a trustee of the Mark and Elyssa
Dickstein Foundation (the "Foundation"). DPI is the general partner of
Dickstein Partners, L.P. ("DPLP"), and advisor to Dickstein International
Limited ("DIL"). DPLP is the general partner of Dickstein & Co., L.P.
("DCO") and Dickstein Focus Fund L.P. ("DFF"). Elyssa Dickstein is the wife
of Mr. Dickstein and is also a trustee of the Foundation and the Elyssa
Dickstein, Jeffrey Schwarz and Alan Cooper as trustees U/T/A/D 12/27/88,
Mark Dickstein, Grantor (the "Trust", and together with DCO, DFF, DIL,
DPLP, DPI, Mr. Dickstein, Mrs. Dickstein and the Foundation, the "Group
Filers"). Pursuant to instruction 4(b)(v) to Form 4, Mr. Dickstein has been
designated to file this Form 4 on behalf of the Group Filers (the
"Designated Filer").
(2) On November 2, 1999, the Group Filers ceased to be members of a group for
purposes of Section 13(d) of the Securities Exchange Act of 1934, as
amended that holds in excess of 10% of the outstanding of the outstanding
shares of common stock of the Issuer, $.01 par value (the "Common Stock").
Reference is made to the statement on Schedule 13D of the Group Filers and
others dated October 13, 1998, as amended in respect of the Common Stock.
Accordingly, as of November 2, 1999, the Reporting Persons no longer have
reporting obligations for purposes of Section 16(a) of the Securities
Exchange Act of 1934, as amended with respect to shares of the Issuer.
(3) This Statement on Form 4 reflects all transactions through and including
November 2, 1999. See Note (2) above.
(4) Each share of the Preferred Stock is convertible into 1.039 shares of
Common Stock.
(5) Shares sold by DCO.
(6) Shares held directly by DCO, which may be deemed to be held indirectly by
Mr. Dickstein, DPI and DPLP. Each of Mr. Dickstein, DPI and DPLP disclaim
beneficial ownership of such shares, except to the extent of their
respective pecuniary interest.
(7) Shares sold by DIL.
(8) Shares held directly by DIL, which may be deemed to be held indirectly by
Mr. Dickstein and DPI. Each of Mr. Dickstein and DPI disclaim ownership of
such shares, except to the extent of their respective pecuniary interest.
(9) Shares sold by Elyssa Dickstein.
(10) Shares held directly by Elyssa Dickstein.
Page 11 of 11
