SCHEDULE 13D

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October 31, 1994


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 15)*

 

 

 

 

 

Danaher Corporation


(Name of Issuer)

 

 

Common Stock, par value $.01 per share


(Title of Class of Securities)

 

 

23585110


(CUSIP Number)

 

 

Michael G. Ryan

2099 Pennsylvania Avenue, NW, 12th Floor

Washington, DC 20006-1813

(202) 828-0060


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

March 7, 2003


(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box ¨.

 

Check the following box if a fee is being paid with the statement ¨. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.)

 

Note: Six copies of this statement , including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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).


SCHEDULE 13D

 


   

CUSIP No. 23585110                            

     

Page 2 of 8 Pages


   

 


  1.


 

Name of Reporting Person S.S. or I.R.S. Identification No. of above person

 

            Equity Group Holdings LLC

   

  2.

 

Check the Appropriate Box if a Member of a Group*

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds*

 

   

  5.


 

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

            USA

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                14,314,888


  8.    Shared Voting Power

 

                None


  9.    Sole Dispositive Power

 

            14,314,888


10.    Shared Dispositive Power

 

                None


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            14,314,888

   

12.


 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

            9.4%

   

14.


 

Type of Reporting Person*

 

            OO

   

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


SCHEDULE 13D

 


   

CUSIP No. 23585110

     

Page 3 of 8 Pages


   

 


  1.


 

Name of Reporting Person S.S. or I.R.S. Identification No. of above person

 

            Equity Group Holdings II LLC

   

  2.

 

Check the Appropriate Box if a Member of a Group*

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds*

 

   

  5.


 

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

            USA

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                5,000,000


  8.    Shared Voting Power

 

                None


  9.    Sole Dispositive Power

 

                5,000,000


10.    Shared Dispositive Power

 

                None


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            5,000,000

   

12.


 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

            3.3%

   

14.


 

Type of Reporting Person*

 

            OO

   

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


   

SCHEDULE 13D

 

   

   

CUSIP No. 23585110

     

Page 4 of 8 Pages


   

 


  1.


 

Name of Reporting Person S.S. or I.R.S. Identification No. of above person

 

            Equity Group Holdings III LLC

   

  2.

 

Check the Appropriate Box if a Member of a Group*

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds*

 

   

  5.


 

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

            USA

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                12,000,000


  8.    Shared Voting Power

 

                None


  9.    Sole Dispositive Power

 

                12,000,000


10.    Shared Dispositive Power

 

                None


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            12,000,000

   

12.


 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

            7.9%

   

14.


 

Type of Reporting Person*

 

            OO

   

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


SCHEDULE 13D

 


   

CUSIP No. 23585110                            

     

Page 5 of 8 Pages


   

 


  1.


 

Name of Reporting Person S.S. or I.R.S. Identification No. of above person

 

            Steven M. Rales

   

  2.

 

Check the Appropriate Box if a Member of a Group*

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds*

 

   

  5.


 

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

            USA

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

                2,834,572


  8.    Shared Voting Power

 

                31,314,888


  9.    Sole Dispositive Power

 

                2,834,572


10.    Shared Dispositive Power

 

                31,314,888


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            34,149,460

   

12.


 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

            22.4%

   

14.


 

Type of Reporting Person*

 

            IN

   

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


 

   

SCHEDULE 13D

 

   

   

CUSIP No. 23585110            

     

Page 6 of 8 Pages


   

 


  1.


 

Name of Reporting Person S.S. or I.R.S. Identification No. of above person

 

        Mitchell P. Rales

   

  2.

 

Check the Appropriate Box if a Member of a Group*

(a)  x

(b)  ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Source of Funds*

 

   

  5.


 

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

 

 

¨


  6.


 

Citizenship or Place of Organization

 

        USA    

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        1,967,162        


  8.    Shared Voting Power

 

        31,314,888        


  9.    Sole Dispositive Power

 

        1,967,162    


10.    Shared Dispositive Power

 

        31,314,888        


11.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            33,282,050

   

12.


 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*

 

 

¨

 


13.


 

Percent of Class Represented by Amount in Row (11)

 

            21.8%

   

14.


 

Type of Reporting Person*

 

            IN

   

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


 


   

CUSIP No. 23585110

     

Page 7 of 8 Pages


   

 

This Amendment No. 15 to Schedule 13D is being filed to reflect transfers pursuant to charitable giving, family and estate planning matters and dispositions pursuant to employee benefit plans. This Amendment No. 15 to Schedule 13D amends and supplements, in accordance with Rule 13d-2, the Schedule 13D and amendments thereto previously filed by and on behalf of the Reporting Persons.

 

Item 5. Interest in Securities of the Issuer

 

Item 5 is hereby amended and supplemented as follows:

 

As of the date hereof, Equity Group Holdings LLC is the beneficial owner of 14,314,888 Shares, representing approximately 9.4% of the 152,532,000 Shares outstanding on December 31, 2002, as represented in Exhibit 99.1 of the Issuer’s Form 8-K filed on January 30, 2003. As of the date hereof, Equity Group Holdings II LLC is the beneficial owner of 5,000,000 Shares representing approximately 3.3% of the 152,532,000 Shares outstanding on December 31, 2002, as represented in Exhibit 99.1 of the Issuer’s Form 8-K filed on January 30, 2003. As of the date hereof, Equity Group Holdings III LLC is the beneficial owner of 12,000,000 Shares representing approximately 7.9% of the 152,532,000 Shares outstanding on December 31, 2002, as represented in Exhibit 99.1 of the Issuer’s Form 8-K filed on January 30, 2003. As of the date hereof, Steven M. Rales is the beneficial owner of 34,149,460 Shares representing approximately 22.4% of the 152,532,000 Shares outstanding on December 31, 2002, as represented in Exhibit 99.1 of the Issuer’s Form 8-K filed on January 30, 2003. As of the date hereof, Mitchell P. Rales is the beneficial owner of 33,282,050 Shares representing approximately 21.8% of the 152,532,000 Shares outstanding on December 31, 2002, as represented in Exhibit 99.1 of the Issuer’s Form 8-K filed on January 30, 2003. The Shares beneficially owned by each of Steven M. Rales and Mitchell P. Rales include Shares pledged as collateral to secure a loan of Shares to each of them by Capital Yield Corporation.


 


   

CUSIP No. 23585110

     

Page 8 of 8 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.

 

Dated:

 

    March 7, 2003

 

By:

 

/s/ Steven M. Rales


   

Steven M. Rales

By:

 

/s/ Mitchell P. Rales


   

Mitchell P. Rales

EQUITY GROUP HOLDINGS LLC

By:

 

/s/ Michael G. Ryan


   

Michael G. Ryan, Vice President

EQUITY GROUP HOLDINGS II LLC

By:

 

/s/ Michael G. Ryan


   

Michael G. Ryan, Vice President

EQUITY GROUP HOLDINGS III LLC

By:

 

/s/ Michael G. Ryan


   

Michael G. Ryan, Vice President