UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934 (1)
(Amendment No. 3)
MEMC Electronic Materials, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
552715 10 4
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(CUSIP Number)
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Morton E. Grosz, Esq.
Chadbourne & Parke LLP
30 Rockefeller Plaza
New York, NY 10112
(212) 408-5100
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 27, 1999
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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), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 for other
parties to whom copies are to be sent.
(1) 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>
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CUSIP No. 552715 10 4 13D Page 2 of 13 Pages
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1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
VEBA Aktiengesellschaft
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3
SEC USE ONLY
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4
SOURCE OF FUNDS*
WC
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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
Germany
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- ------------------- ------- ----------------------------------------------------
7
NUMBER OF SOLE VOTING POWER
SHARES 49,959,970
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8
BENEFICIALLY SHARED VOTING POWER
OWNED BY - 0 -
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EACH 9
SOLE DISPOSITIVE POWER
REPORTING
49,959,970
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------- ----------------------------------------------------
10
SHARED DISPOSITIVE POWER
PERSON
- 0 -
WITH
- ------------------- ------- ----------------------------------------------------
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11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,959,970
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12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
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13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
71.8%
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14
TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 552715 10 4 13D Page 3 of 13 Pages
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1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
VEBA Corporation 74-2183834
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3
SEC USE ONLY
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4
SOURCE OF FUNDS*
WC, AF
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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
Delaware
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7
NUMBER OF SOLE VOTING POWER
SHARES 21,490,942 (Does not include shares owned
by any other Reporting Person)
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8
BENEFICIALLY SHARED VOTING POWER
OWNED BY - 0 -
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EACH 9
SOLE DISPOSITIVE POWER
REPORTING
21,490,942 (Does not include shares owned by
any other Reporting Person)
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10
SHARED DISPOSITIVE POWER
PERSON
- 0 -
WITH
- ------------------- ------- ----------------------------------------------------
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11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,490,942 (Does not include shares
owned by any other Reporting Person)
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12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
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13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.9% (Does not include shares owned by any other Reporting Person)
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14
TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 552715 10 4 13D Page 4 of 13 Pages
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1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
VEBA Zweite Verwaltungsgesellschaft mbH
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3
SEC USE ONLY
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4
SOURCE OF FUNDS*
AF
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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
Germany
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7
NUMBER OF SOLE VOTING POWER
SHARES 28,469,028 (Does not include shares owned by
any other Reporting Person)
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8
BENEFICIALLY SHARED VOTING POWER
OWNED BY - 0 -
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------- ----------------------------------------------------
EACH 9
SOLE DISPOSITIVE POWER
REPORTING
28,469,028 (Does not include shares owned by
any other Reporting Person)
------- ----------------------------------------------------
------- ----------------------------------------------------
10
SHARED DISPOSITIVE POWER
PERSON
- 0 -
WITH
- ------------------- ------- ----------------------------------------------------
- --------- ----------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,469,028 (Does not include shares owned
by any other Reporting Person)
- --------- ----------------------------------------------------------------------
- --------- ----------------------------------------------------------------------
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
- --------- ----------------------------------------------------------------------
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13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
40.9% (Does not include shares owned by any other Reporting Person)
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14
TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 552715 10 4 13D Page 5 of 13 Pages
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This Amendment No. 3 ("Amendment No. 3") amends the Schedule 13D filed on
October 30, 1998 (as amended by Amendment No. 1 filed on March 23, 1999 and
Amendment No. 2 filed on May 10, 1999, the "Schedule 13D") by (i) VEBA
Aktiengesellschaft, a German corporation ("VEBA AG"), (ii) VEBA Corporation, a
Delaware corporation and a direct and indirect subsidiary of VEBA AG, and (iii)
VEBA Zweite Verwaltungsgesellschaft mbH, a German limited liability company and
a direct wholly-owned subsidiary of VEBA AG, relating to the common stock, par
value $0.01 per share, of MEMC Electronic Materials, Inc., a Delaware
corporation. Capitalized terms used and not defined herein have the meanings
ascribed to them in the Schedule 13D. Except as specifically amended hereby, the
Schedule 13D remains in full force and effect.
1. Item 2 of the Schedule 13D is hereby amended and supplemented by
deleting in its entirety Schedule I attached to the Schedule 13D and replacing
it with Schedule I attached to this Amendment No. 3.
2. Item 4 of the Schedule 13D is hereby amended and supplemented by the
following information:
VEBA AG is currently focusing on its core businesses and has determined
to dispose of its interests in certain non-core business areas over time. This
would include the shares of Common Stock indirectly owned by VEBA AG. In
connection
<PAGE>
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CUSIP No. 552715 10 4 13D Page 6 of 13 Pages
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therewith, VEBA AG has determined that various non-core investments, including
the investment in the Company held by VEBA AG and its subsidiaries, shall be
systematically and optimallly divested.
<PAGE>
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CUSIP No. 552715 10 4 13D Page 7 of 13 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certify that the information set forth in the statement is true,
complete and correct. This statement may be signed in counterpart copies.
Date: September 27, 1999 VEBA Aktiengesellschaft
By: /s/ Rolf Pohlig
--------------------------------
Name: Dr. Rolf Pohlig
Title: Executive Vice President
By: /s/ Hansgeorg Koester
--------------------------------
Name: Dr. Hansgeorg Koester
Title: Executive Vice President
Date: September 27, 1999 VEBA Corporation
By: /s/ Heinz-Helmer Puetthoff
--------------------------------
Name: Dr.Heinz-Helmer Puetthoff
Title: President
By: /s/ Joseph J. Supp
--------------------------------
Name: Joseph J. Supp
Title: Vice-President
Date: September 27, 1999 VEBA Zweite
Verwaltungsgesellschaft mbH
By: /s/ Rolf Pohlig
--------------------------------
Name: Dr. Rolf Pohlig
Title: Managing Director
By: /s/ Ulrich Hueppe
--------------------------------
Name: Ulrich Hueppe
Title: Managing Director
<PAGE>
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CUSIP No. 552715 10 4 13D Page 8 of 13 Pages
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SCHEDULE I
DIRECTORS AND EXECUTIVE OFFICERS OF
VEBA AG
The name, business address, present principal occupation or employment
and citizenship, and the name, principal business and address of any corporation
or other organization in which such employment is conducted, of each of the
directors and executive officers of VEBA AG is set forth below.
<TABLE>
<CAPTION>
Principal Occupation, if other
Position with than as Executive Officer of Citizenship
Name and Business Address VEBA AG VEBA AG
- ------------------------- ------------------------- ------------------------------ -----------
<S> <C> <C> <C>
Hermann Josef Strenger Member of the Supervisory Chairman of the Supervisory German
Vorsitzender des Board, Chairman Board, Bayer AG, Leverkusen
Aufsichtsrates VEBA AG Chairman
Kaiser-Wilhelm-Allee,
Gebaeude Q 26
51368 Leverkusen
Hubertus Schmoldt Member of the Supervisory Chairman of the Board of German
Vorsitzender der Board, Deputy Chairman Management,
IG BERGBAU, CHEMIE, Industriegewerkschaft Bergbau,
ENERGIE Chemie, Energie
Koenigsworther Platz 6
30167 Hannover
Ralf Blauth Member of the Supervisory Industrial Clerk German
DEGUSSA-HUELS AG Board (Industriekaufmann)
Paul-Baumann-Strasse 1
45764 Marl
Dr. Rolf-E. Breuer Member of the Supervisory Spokesperson of the Board of German
Sprecher des Vorstandes Board Management, Deutsche Bank AG
DEUTSCHE BANK AG
Taunusanlage 12
60325 Frankfurt
Dr. Gerhard Cromme Member of the Supervisory Chairman of the Board of German
Vorsitzender des Board Management, Thyssen Krupp AG
Vorstandes
Thyssen Krupp AG
August-Thyssen-Str. 1
40211 Duesseldorf
Rainer Duecker Member of the Supervisory Power plant worker German
PREUSSENELEKTRA AG Board
Tresckowstrasse 5
30457 Hannover
and:
PREUSSENELEKTRA AG
Betriebsstelle Lubeck
Bargerbruck 4
23617 Stockelsdorf
<PAGE>
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CUSIP No. 552715 10 4 13D Page 9 of 13 Pages
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Principal Occupation, if other
Position with than as Executive Officer of Citizenship
Name and Business Address VEBA AG VEBA AG
- ------------------------- ------------------------- ------------------------------ -----------
Henner Hecht-Wieber Member of the Supervisory Electrician German
VEBA Waerme-Contracting GmbH Board
Springorum-Allee 5 Sued
44795 Bochum
Wolf-Ruediger Hinrichsen Member of the Supervisory Accounting and Administration German
VEBA AG Board Manager (kfm. Angestellter)
Volks-und
Energiewirtschaft
Bennigsenplatz 1
40474 Duesseldorf
Ulrich Hocker Member of the Supervisory General Manager, Deutsche German
Hauptgeschaeftsfuehrer Board Schutzvereinigung fuer
Deutsche Schutzvereinigung Wertpapierbesitz e. V.
fuer Wertpapierbesitz e.V.
Humboldtstrasse 9
40237 Duesseldorf
Postfach 14 02 43
40072 Duesseldorf
Dr. h.c. Andre Leysen Member of the Supervisory Chairman of the Administrative Belgian
Vorsitzender des Board Board, Gevaert N.V.
Verwaltungsrates
der GEVAERT N.V.
Septestraat 27
B-2640 Mortsel
Dr. Klaus Liesen Member of the Supervisory Chairman of the Supervisory German
Vorsitzender des Board Board, Ruhrgas AG
Aufsichtsrates
der RUHRGAS AG
Huttropstrasse 60
45138 Essen
Herbert Mai Member of the Supervisory Chairman, Gewerkschaft German
Vorsitzender der Board Oeffentliche Dienste, Transport
Gewerkschaft OETV und Verkehr
Theodor-Heuss-Strasse 2
70174 Stuttgart
<PAGE>
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CUSIP No. 552715 10 4 13D Page 10 of 13 Pages
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Principal Occupation, if other
Position with than as Executive Officer of Citizenship
Name and Business Address VEBA AG VEBA AG
- ------------------------- ------------------------- ------------------------------ -----------
Dagobert Millinghaus Member of the Supervisory Accounting and Administration German
BRENNTAG AG Board Manager (kfm. Angestellter)
Humboldtring 15
45472 Muelheim/Ruhr
Margret Moenig-Raane Member of the Supervisory First Chair, Gewerkschaft German
Vorsitzende der Board Handel, Banken und
Gewerkschaft Versicherungen
Handel, Banken und
Versicherungen
Kanzlerstrasse 8
40472 Duesseldorf
Dr. Henning Schulte-Noelle Member of the Supervisory Chairman of the Board of German
Vorsitzender des Board Management, Allianz AG
Vorstandes
der ALLIANZ AG
Koeniginstrasse 28
80802 Muenchen
Morris Tabaksblat Member of the Supervisory Chairman, Reed Elsevier plc. Dutch
Chairman Reed Elsevier plc. Board
Van de Sande Bakhuzenstraat 4
NL-1061 AG Amsterdam
P.O. Box 470
NL-100 AL Amsterdam
Kurt F. Viermetz Member of the Supervisory Chairman of the Supervisory German
Vorsitzender des Aufsichtsrates Board Board, Bayerische Hypotheken-
Bayerische Hypotheken- und und Vereinsbank
Vereinsbank
Am Tucherpark 16
80538 Muenchen
Dr. Bernd W. Voss Member of the Supervisory Member of the Board of German
Mitglied des Vorstandes Board Management, Dresdner Bank AG
DRESDNER BANK AG
Juergen-Ponto-Platz 1
60329 Frankfurt/Main
Dr. Peter Weber Member of the Supervisory Director Legal Department, German
DEGUSSA-HUELS AG Board Degussa-Huels AG
Gebaeude 1148 / PB01
45764 Marl
Kurt Weslowski Member of the Supervisory Chemical Worker German
VEBA OEL AG Board
Werk Scholven
Pawiker Strasse 30
45896 Gelsenkirchen
<PAGE>
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CUSIP No. 552715 10 4 13D Page 11 of 13 Pages
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Principal Occupation, if other
Position with than as Executive Officer of Citizenship
Name and Business Address VEBA AG VEBA AG
- ------------------------- ------------------------- ------------------------------ -----------
Ulrich Hartmann* Member of the Board of German
Management, Chairman and
Chief Executive Officer
Alain D. Bandle* Member of the Board of Swiss
Management,
Telecommunications
Dr. Wulf H. Bernotat* Member of the Board of Chairman of the Board of German
Management Management of Stinnes AG
Gunther Beuth* Member of the Board of Chairman of the Board of German
Management Management of Viterra AG
Wilhelm Bonse-Geuking* Member of the Board of Chairman of the Board of German
Management Management of VEBA Oel AG
Dr. Hans Michael Gaul* Member of the Board of German
Management; Chief Financial
Officer
Dr. Hans-Dieter Harig* Member of the Board of Chairman of the Board of German
Management Management of PreussenElektra AG
Dr. Manfred Krueper* Member of the Board of German
Management; Group Human
Resource Management
Helmut Mamsch* Member of the Board of German
Management, Group Strategic
Development
</TABLE>
* The business address of each of these persons is:
VEBA AG, Bennigsenplatz 1, D-40474 Duesseldorf, Germany
<PAGE>
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CUSIP No. 552715 10 4 13D Page 12 of 13 Pages
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DIRECTORS AND EXECUTIVE OFFICERS OF
VEBA CORPORATION
The name, business address, present principal occupation or employment
and citizenship, and the name, principal business and address of any corporation
or other organization in which such employment is conducted, of each of the
directors and executive officers of VEBA Corporation is set forth below.
<TABLE>
<CAPTION>
Principal Occupation, if other
Position with VEBA than as Executive Officer of Citizen-ship
Name and Business Address** Corporation VEBA Corporation
- --------------------------- ------------------ -------------------------------- ------------------
<S> <C> <C> <C>
Helmut Mamsch Director, Chairman Member of Board of Management of German
VEBA AG
Dr. Hans Michael Gaul Director Member of Board of Management of German
VEBA AG; Chief Financial
Officer, VEBA AG
Dr. Heinz-Helmer Puetthoff Director, President German
A. Paul Brandimarte, Jr. Director, Vice President, USA
General Counsel and
Secretary
Joseph J. Supp Vice President-Tax USA
Joern A. Stuehmeier Vice President-Finance German
James W. Balch Controller USA
** The business address of each of the persons listed below is: VEBA Corporation, 605 Third Avenue, New York, NY 10158
</TABLE>
<PAGE>
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CUSIP No. 552715 10 4 13D Page 13 of 13 Pages
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DIRECTORS AND EXECUTIVE OFFICERS OF
VEBA ZWEITE VERWALTUNGSGESELLSCHAFT MBH
The name, business address, present principal occupation or employment
and citizenship, and the name, principal business and address of any corporation
or other organization in which such employment is conducted, of each of the
directors and executive officers of VEBA Zweite Verwaltungsgesellschaft mbH
("VEBA Zweite") is set forth below.
<TABLE>
<CAPTION>
Principal Occupation, if other
Position with than as Executive Officer of Citizenship
Name and Business Address*** VEBA Zweite VEBA Zweite
- ---------------------------- ------------------ ------------------------------ -----------
<S> <C> <C> <C>
Ulrich Hueppe Managing Director Executive Vice President of German
VEBA AG
Dr. Rolf Pohlig Managing Director Executive Vice President of German
VEBA AG
</TABLE>
*** The business address of each of the persons listed below is: VEBA AG,
Bennigsenplatz 1, D-40474 Duesseldorf, Germany
