UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934 (1)
(Amendment No. 2)
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)
April 19, 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 ss.ss. 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 ss. 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 6 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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BENEFICIALLY 8
SHARED VOTING POWER
OWNED BY
- 0 -
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EACH 9
SOLE DISPOSITIVE POWER
REPORTING
49,959,970
PERSON ------- ---------------------------------------------------
10
WITH SHARED DISPOSITIVE POWER
- 0 -
- ------------------- ------- ---------------------------------------------------
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 6 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)
BENEFICIALLY ------- ----------------------------------------------------
8
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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PERSON 10
SHARED DISPOSITIVE POWER
WITH
- 0 -
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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 6 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)
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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)
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 6 Pages
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This Amendment No. 2 amends the Schedule 13D filed on October 30, 1998
(as amended by Amendment No. 1 filed on March 23, 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 ("VEBA
Zweite") relating to the common stock, par value $0.01 per share (the "Common
Stock") 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.
Items 4 and 5 of the Schedule 13D are hereby amended and supplemented
by the following information:
On April 19, 1999, VEBA Zweite purchased, pursuant to the Standby
Agreement, 13,069,898 shares of Common Stock for a purchase price of $6.89 per
share. As a result of this purchase, VEBA Zweite is the record owner of
28,469,028 shares of Common Stock, which shares constitute approximately 40.9%
of the total number of outstanding shares of Common Stock. As a result of this
purchase, VEBA AG beneficially owns 49,959,970 shares of Common Stock, which
shares constitute approximately 71.8% of the total number of outstanding shares
of Common Stock.
<PAGE>
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CUSIP No. 552715 10 4 13D Page 6 of 6 Pages
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SIGNATURE
After reasonable inquiry and the best of my knowledge and belief, the
undersigned certify that the information set forth in the statement is true,
complete and correct.
Date: May 10, 1999 VEBA Aktiengesellschaft
By: /s/ Dr. Klaus Gruendler
------------------------------------
Name: Dr. Klaus Gruendler
Title: Senior Vice President
By: /s/ Ulrich Hueppe
------------------------------------
Name: Ulrich Hueppe
Title: Executive Vice President
Date: May 10, 1999 VEBA Corporation
By: /s/ A. Paul Brandimarte, Jr.
------------------------------------
Name: A. Paul Brandimarte, Jr.
Title: Vice President
By: /s/ Dr. Heinz H. Puetthoff
------------------------------------
Name: Dr. Heinz H. Puetthoff
Title: President
Date: May 10, 1999 VEBA Zweite
Verwaltungsgesellschaft mbH
By: /s/ Ulrich Hueppe
------------------------------------
Name: Ulrich Hueppe
Title: Director
By: /s/ Claus-Peter von der Fecht
------------------------------------
Name: Claus-Peter von der Fecht
Title: Prokurist