<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 2)
Under the Securities Exchange Act of 1934
Footstar, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
344912-10-0
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(CUSIP Number)
Janice V. Sharry, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5562
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 26, 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 Sections 240.13d-1(e), (f) or (g), check the following
box. [X]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE> 2
SCHEDULE 13D
-----------------------------------------
CUSIP No. 344912-10-0
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<TABLE>
<S> <C> <C> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Partners, L.P., a Delaware limited partnership
22-2875193
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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
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
2,450,975
NUMBER OF -----------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -----------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 2,450,975
-----------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,592,300
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.40%(1)
--------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
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</TABLE>
(1) Based on 19,524,500 shares of Common Stock issued and outstanding as of
September 30, 2000, as disclosed in the Issuer's 10-Q for the quarter ended
September 30, 2000 filed with the Securities and Exchange Commission.
<PAGE> 3
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CUSIP No. 344912-10-0
--------------------------------------
<TABLE>
<S> <C> <C> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Limited, a Bermuda corporation
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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
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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7 SOLE VOTING POWER
438,414
NUMBER OF ------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 438,414
------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,592,300
-------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.40%(1)
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14 TYPE OF REPORTING PERSON
CO
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</TABLE>
(1) Based on 19,524,500 shares of Common Stock issued and outstanding as of
September 30, 2000, as disclosed in the Issuer's 10-Q for the quarter ended
September 30, 2000 filed with the Securities and Exchange Commission.
<PAGE> 4
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CUSIP No. 344912-10-0
--------------------------------------
<TABLE>
<S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Institutional Partners, L.P., a Delaware limited partnership
06-1456821
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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
WC
--------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
85,601
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 85,601
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,592,300
--------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
N/A
--------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.40%(1)
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14 TYPE OF REPORTING PERSON
PN
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</TABLE>
(1) Based on 19,524,500 shares of Common Stock issued and outstanding as of
September 30, 2000, as disclosed in the Issuer's 10-Q for the quarter ended
September 30, 2000 filed with the Securities and Exchange Commission.
<PAGE> 5
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CUSIP No. 344912-10-0
--------------------------------------
<TABLE>
<S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investors, L.L.C., a Delaware limited liability company
13-4095958
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
--------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
N/A
--------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
617,310
NUMBER OF --------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH --------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 617,310
--------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,592,300
--------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.40%(1)
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14 TYPE OF REPORTING PERSON
LLC
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</TABLE>
(1) Based on 19,524,500 shares of Common Stock issued and outstanding as of
September 30, 2000, as disclosed in the Issuer's 10-Q for the quarter ended
September 30, 2000 filed with the Securities and Exchange Commission.
<PAGE> 6
This Amendment No. 2 to Schedule 13D (this "Amendment") amends and
supplements the Schedule 13D filed by ESL Partners, L.P., ESL Limited, ESL
Institutional Partners, L.P. and ESL Investors, L.L.C., by furnishing the
information set forth below. Unless set forth below, all previous Items are
unchanged. Capitalized terms used herein which are not defined herein have the
meanings given to them in the Schedule 13D previously filed with the Securities
and Exchange Commission.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended to read in its entirety as follows:
(a) Pursuant to that certain Joint Filing Agreement, entered into by
and among ESL, Limited, Institutional and Investors, dated as of December 20,
2000 (filed as Exhibit 1 to Amendment No. 1 to Schedule 13D and incorporated
herein by reference), each of ESL, Limited, Institutional and Investors may be
deemed to beneficially own 3,592,300 Shares (which is approximately 18.40% of
the Shares outstanding on September 30, 2000, as disclosed in the Issuer's 10-Q
for the quarter ended September 30, 2000 filed with the Securities and Exchange
Commission).
(b)
<TABLE>
<CAPTION>
Sole Shared Sole Shared
Voting Voting Dispositive Dispositive
Power Power Power Power
------ ------ ----------- -----------
<S> <C> <C> <C> <C>
ESL Partners, L.P. 2,450,975 0 2,450,975 0
ESL Limited 438,414 0 438,414 0
ESL Institutional Partners, L.P. 85,601 0 85,601 0
ESL Investors, L.L.C. 617,310 0 617,310 0
</TABLE>
(c) All transactions in the Shares during the past sixty days not
previously reported by any of the Filing Persons are set forth on Schedule A
attached hereto.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 is hereby amended to read in its entirety as follows:
Exhibit 1 Joint Filing Agreement, dated as of December 20,
2000, entered into by and among ESL, Limited,
Institutional and Investors (filed as Exhibit 1 to
Amendment No. 1 to Schedule 13D and incorporated
herein by reference).
<PAGE> 7
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: December 28, 2000
ESL PARTNERS, L.P.
By: RBS Partners, L.P., its general partner
By: ESL Investments, Inc., its general partner
By: EDWARD S. LAMPERT
--------------------------------
Edward S. Lampert
Chairman
ESL LIMITED
By: ESL Investment Management, LLC, its
investment manager
By: EDWARD S. LAMPERT
--------------------------------
Edward S. Lampert
Managing Member
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, LLC, its
general partner
By: EDWARD S. LAMPERT
--------------------------------
Edward S. Lampert
Managing Member
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., its manager
By: ESL Investments, Inc., its general partner
By: EDWARD S. LAMPERT
--------------------------------
Edward S. Lampert
Managing Member
<PAGE> 8
SCHEDULE A
TRANSACTIONS IN THE SHARES IN
THE PAST SIXTY DAYS
IN THE PAST SIXTY DAYS, THE ONLY TRANSACTIONS IN THE SHARES NOT PREVIOUSLY
REPORTED BY ESL WERE:
<TABLE>
<CAPTION>
Date of Sale Price Per Share Shares Sold
------------------------ ------------------- ----------------------
<S> <C> <C>
12/21/00 $46.463 8,525
12/22/00 $48.604 84,950
12/22/00 $48.597 12,675
12/26/00 $47.842 101,225
12/27/00 $50.466 7,725
</TABLE>
IN THE PAST SIXTY DAYS, THE ONLY TRANSACTIONS IN THE SHARES NOT PREVIOUSLY
REPORTED BY INSTITUTIONAL WERE:
<TABLE>
<CAPTION>
Date of Sale Price Per Share Shares Sold
------------------------ --------------------- ------------------------
<S> <C> <C>
12/21/00 $46.463 1,475
12/22/00 $48.604 1,850
12/22/00 $48.597 225
12/26/00 $47.842 4,675
12/27/00 $50.466 1,075
</TABLE>
IN THE PAST SIXTY DAYS, THERE WERE NO TRANSACTIONS IN THE SHARES BY LIMITED OR
BY INVESTORS.
