SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT
TO RULES 13d-1(b), (c), and (d) and AMENDMENTS THERETO FILED
(Amendment No. ________)1
Schein Pharmaceutical, Inc.
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(Name of Issuer)
Common Stock, Par value $.01 per Share
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(Title of Class of Securities)
806416103
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(CUSIP Number)
November 12, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
o Rule 13d-1(b)
o Rule 13d-(c)
/X/ Rule 13d-1(d)
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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 the disclosures provided in a prior cover page.
The information required in 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 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).
CUSIP No. 806416103 13G Page 2 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d December 31, 1993 (Tax ID # 13-7041382)
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 956,453 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 956,453 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
956,453 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
2.95%
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 3 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d Setptember 9, 1994 (Tax ID #11-6467896)
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 2,241,574 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 2,241,574 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,241,574 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
6.91%
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 4 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d April 5, 1996 (Tax ID #11-6470583)
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 1,032,477 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 1,032,477 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,032,477 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
3.18%
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 5 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d April 9, 1997 (Tax ID #11-6486307)
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 2,075,275 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 2,075,275 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,075,275 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
6.40%
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 6 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d October 8, 1998 (Tax ID # Pending)
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 2,540,022 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 2,540,022 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,540,022 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
7.83 %
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 7 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Trust Created by Marvin H. Schein u/i/d December 22, 1998 (Tax ID # Pending )
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 148,000 shs.
by Each Reporting 6. Shared Voting
Person With Power -0- shs.
7. Sole Dispositive
Power 148,000 shs.
8. Shared Dispositive
Power -0- shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
148,000 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
0.46%
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12. Type of Reporting Person*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 8 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Marvin H. Schein, Individually and as Trustee
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power 406,297 shs.
by Each Reporting 6. Shared Voting
Person With Power 8,845,803 shs.
7. Sole Dispositive
Power 406,297 shs.
8. Shared Dispositive
Power 8,845,803 shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
9,252,100 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /__/
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11. Percent of Class Represented by Amount in Row (9)
28.53%
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12. Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13G Page 9 of 15 Pages
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1. Names of Reporting Persons. IRS Identification No. of Above Persons
(Entities Only)
Leslie J. Levine, as Trustee
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2. Check the Appropriate Box if a Member (a)
of a Group* (b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting
Beneficially Owned Power -0- shs.
by Each Reporting 6. Shared Voting
Person With Power 8,845,803 shs.
7. Sole Dispositive
Power -0- shs.
8. Shared Dispositive
Power 8,845,803 shs.
9. Aggregate Amount Beneficially Owned by Each Reporting Person
8,845,803 shs.
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* /_/
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11. Percent of Class Represented by Amount in Row (9)
27.28%
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12. Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 806416103 13D Page 10 of 15 Pages
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ITEM 1(a). Name of Issuer:
Schein Pharmaceutical, Inc.
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ITEM 1(b). Address of Issuer's Principal Executive Offices:
100 Campus Drive, Florham Park, New Jersey 07932.
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ITEM 2(a). Name of Person Filing
This Schedule 13D is filed on behalf of (i) Marvin H. Schein,
individually and as trustee of various grantor retained annuity trusts for the
benefit of his children and charitable remainder unit trusts for the benefit of
charities to be determined (collectively, the "Trusts"), with respect to which
he serves as co-trustee, and (ii) Leslie J. Levine, as co-trustee of the Trusts,
and (iii) the individual Trusts.
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ITEM 2(b). Address of Principal Business Office or, if None, Residence:
Mr. Schein's business address is c/o Henry Schein, Inc., 135 Duryea Road,
Melville, New York 11747.
Mr. Levine's business address, and that of all the Trusts is
c/o Ackerman, Levine & Cullen, LLP,
175 Great Neck Road, Great Neck, NY 11021.
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ITEM 2(c). Citizenship.
As to all filing persons: United States
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ITEM 2(d). Title of Class of Securities.
Common Stock, $.01 par value
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ITEM 2(e). CUSIP Number.
806416103
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ITEM 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) /_/ Broker or dealer registered under Section 15 of the Exchange Act.
(b) /_/ Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) /_/ Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
<PAGE>
CUSIP No. 806416103 13G Page 11 of 15 Pages
(d) /_/ Investment company registered under Section 8 of the
Investment Company Act.
(e) /_/ An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) /_/ An employee benefit plan or endowment fund in accordance with
Rule 13d- 1(b)(1)(ii)(G);
(g) /_/ A parent holding company or control person in accordance with
Rule 13d- 1(b)(1)(ii)(G);
(h) /_/ A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) /_/ A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) /_/ Group, in accordance with Rule 13-d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. /_/
ITEM 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficial owned:
(i) Mr. Schein may be deemed the beneficial owner of (x)
406,297 shares of common stock owned by him individually and (y) by reason of
his power as trustee to dispose of such shares, 8,845,803 shares of common stock
owned by the Trusts.
(ii) Mr. Levine may be deemed the beneficial owner of
8,845,803 shares of common stock owned by the Trusts, by reason of his power as
trustee to dispose of such shares.
(iii) The Trusts own the following numbers of shares:
Trust established by Marvin H. Schein u/i/d 12/31/93 - 956,453 shs.
Trust established by Marvin H. Schein u/i/d 9/9/94 - 2,241,574 shs.
Trust established by Marvin H. Schein u/i/d 4/5/96 - 1,032,477 shs.
Trust established by Marvin H. Schein u/i/d 4/9/97 - 2,075,275 shs.
Trust established by Marvin H. Schein u/i/d 10/8/98 - 2,540,022 shs.
Trust established by Marvin H. Schein u/i/d 12/22/98 - 148,000 shs.
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<PAGE>
CUSIP No. 806416103 13G Page 12 of 15 Pages
(b) Percent of class:
(i) The number of shares of Common Stock of which Mr. Schein
may be deemed the beneficial owner constitutes approximately
28.53 % of the total number of such shares outstanding.
(ii) The number of shares of Common Stock of which Mr.
Levine may be deemed the beneficial owner constitutes
approximately 27.28 % of the total number of such shares
outstanding.
(iii) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 12/31/93 may be deemed
the beneficial owner constitutes approximately 2.95% of the
total number of such shares outstanding.
(iv) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 9/9/94 may be deemed
the beneficial owner constitutes approximately 6.91% of the
total number of such shares outstanding.
(v) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 4/5/96 may be deemed
the beneficial owner constitutes approximately 3.18% of the
total number of such shares outstanding.
(vi) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 4/9/97 may be deemed
the beneficial owner constitutes approximately 6.40% of the
total number of such shares outstanding.
(vii) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 10/8/98 may be deemed
the beneficial owner constitutes approximately 7.83% of the
total number of such shares outstanding.
(viii) The number of shares of Common Stock of which Trust
established by Marvin H. Schein u/i/d 12/22/98 may be deemed
the beneficial owner constitutes approximately 0.46% of the
total number of such shares outstanding.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Mr. Schein - 406,297 shs.
Mr. Levine - -0- shs.
Trust established by Marvin H. Schein u/i/d 12/31/93 - 956,453 shs.
Trust established by Marvin H. Schein u/i/d 9/9/94 - 2,241,574 shs.
Trust established by Marvin H. Schein u/i/d 4/5/96 - 1,032,477 shs.
Trust established by Marvin H. Schein u/i/d 4/9/97 - 2,075,275 shs.
Trust established by Marvin H. Schein u/i/d 10/8/98 - 2,540,022 shs.
Trust established by Marvin H. Schein u/i/d 12/22/98 - 148,000 shs.
(ii) Shared power to vote or to direct the vote:
Mr. Schein - 8,845,803 shs.
Mr. Levine - 8,845,803 shs.
Trust established by Marvin H. Schein u/i/d 12/31/93 - -0- shs.
Trust established by Marvin H. Schein u/i/d 9/9/94 - -0- shs.
Trust established by Marvin H. Schein u/i/d 4/5/96 - -0- shs.
Trust established by Marvin H. Schein u/i/d 4/9/97 - -0- shs.
Trust established by Marvin H. Schein u/i/d 10/8/98 - -0- shs.
Trust established by Marvin H. Schein u/i/d 12/22/98 - -0- shs.
(iii) Sole power to dispose or to direct the disposition of:
Mr. Schein - 406,297 shs.
Mr. Levine - -0- shs.
Trust established by Marvin H. Schein u/i/d 12/31/93 - 956,453 shs.
Trust established by Marvin H. Schein u/i/d 9/9/94 - 2,241,574 shs.
Trust established by Marvin H. Schein u/i/d 4/5/96 - 1,032,477 shs.
Trust established by Marvin H. Schein u/i/d 4/9/97 - 2,075,275 shs.
Trust established by Marvin H. Schein u/i/d 10/8/98 - 2,540,022 shs.
Trust established by Marvin H. Schein u/i/d 12/22/98 - 148,000 shs.
(iv) Shared power to dispose or to direct the disposition of:
Mr. Schein - 8,845,803 shs.
Mr. Levine - 8,845,803 shs.
Trust established by Marvin H. Schein u/i/d 12/31/93 - -0- shs.
Trust established by Marvin H. Schein u/i/d 9/9/94 - -0- shs.
Trust established by Marvin H. Schein u/i/d 4/5/96 - -0- shs.
Trust established by Marvin H. Schein u/i/d 4/9/97 - -0- shs.
Trust established by Marvin H. Schein u/i/d 10/8/98 - -0- shs.
Trust established by Marvin H. Schein u/i/d 12/22/98 - -0- shs.
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.
Not Applicable
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<PAGE>
CUSIP No. 806416103 13G Page 13 of 15 Pages
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY.
Not Applicable
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
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ITEM 10. CERTIFICATIONS.
Not Applicable
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[Balance of page left blank intentionally.]
<PAGE>
CUSIP No. 806416103 13G Page 14 of 15 Pages
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.
February 8, 1999
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(Date)
, Individually and as Trustee
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(Signature)
Marvin H. Schein, Individually and as Trustee
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(Name/Title)
February 8, 1999
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(Date)
, Trustee
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(Signature)
Leslie J. Levine, Trustee
(Name/Title)
EXHIBIT INDEX
Exhibit No. Description Page
1 Joint Filing Agreement, dated 15
February 8, 1999, among the signatories to
this Schedule 13G.
<PAGE>
CUSIP No. 806416103 13G Page 15 of 15 Pages
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
The undersigned hereby agree that the statement on Schedule 13G with
respect to the shares of Schein Pharmaceutical, Inc. dated as of February , 1999
is, and any amendments thereto (including any amendments on Schedule 13D) signed
by each of the undersigned shall be, filed on behalf of us pursuant to and in
accordance with the provisions of Rule 13d-1(k) under the Securities Exchange
Act of 1934.
Dated: February 8, 1999
By: /s/ Marvin H. Schein
----------------------------
Name: Marvin H. Schein
Title: Individually and as Trustee
By: /s/ Leslie J. Levine
---------------------------
Name: Leslie J. Levine
Title: Trustee
