UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO (AMENDMENT NO. 4) TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 ELMER'S RESTAURANTS, INC. (NAME OF SUBJECT COMPANY (ISSUER)) BRUCE N. DAVIS LINDA ELLIS-BOLTON KAREN K. BROOKS RICHARD P. BUCKLEY DAVID D. CONNOR STEPHANIE M. CONNOR THOMAS C. CONNOR CORYDON H. JENSEN, JR. DEBRA A. WOOLLEY-LEE DOUGLAS A. LEE DAVID C. MANN SHEILA J. SCHWARTZ GERALD A. SCOTT WILLIAM W. SERVICE DENNIS M. WALDRON GARY N. WEEKS GREG W. WENDT RICHARD C. WILLIAMS DOLLY W. WOOLLEY DONALD W. WOOLLEY AND DONNA P. WOOLLEY, TOGETHER WITH ERI ACQUISITION CORP., AS OFFEROR (NAMES OF FILING PERSONS (IDENTIFYING STATUS AS OFFEROR, ISSUER OR OTHER PERSON)) COMMON STOCK, NO PAR VALUE (TITLE OF CLASS OF SECURITIES) 289393 (CUSIP NUMBER OF CLASS OF SECURITIES) JEFFREY C. WOLFSTONE, ESQ. GREGORY L. ANDERSON, ESQ. BENJAMIN G. LENHART, ESQ. LANE POWELL PC 601 SW SECOND AVENUE, SUITE 2100 PORTLAND, OREGON 97204 (503) 778-2100 (NAME, ADDRESS, AND TELEPHONE NUMBERS OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF FILING PERSONS) Calculation of Filing Fee -------------------------------------------------------------------------------- Transaction valuation* Amount of filing fee** $6,019,091 $708.45 -------------------------------------------------------------------------------- *Estimated for purposes of calculating the filing fee only. This calculation assumes the purchase of 756,601 shares of common stock of Elmer's Restaurants, Inc. at the tender offer price of $7.50 per share of common stock. The transaction value also includes the offer price of $7.50 less $4.81, which is the average exercise price of outstanding options, multiplied by 128,098, the estimated number of options outstanding not held by the Filing Persons listed above. **The amount of filing fee, calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Fee Rate Advisory No. 6 for fiscal year 2005, equals $117.70 per million of transaction value, or $708.45. [X] Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: $708.45 ------------------------- Form or Registration No.: SC TO-T/13E3 --------------------------- Date Filed: December 20, 2004 --------------------------- Filing Party: Bruce N. Davis, Linda Ellis-Bolton, Karen K. Brooks, Richard P. Buckley, David D. Connor, Stephanie M. Connor, Thomas C. Connor, Corydon H. Jensen, Jr., Debra A. Woolley-Lee, Douglas A. Lee, David C. Mann, Sheila J. Schwartz, Gerald A. Scott, William W. Service, Dennis M. Waldron, Gary N. Weeks, Greg W. Wendt, Richard C. Williams, Dolly W. Woolley, Donald W. Woolley, and Donna P. Woolley, together with ERI Acquisition Corp. [ ] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: [X] third-party tender offer subject to Rule 14d-l. [ ] issuer tender offer subject to Rule 13e-4. [X] going-private transaction subject to Rule 13e-3. [X] amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: [ ] -------------------------------------------------------------------------------- CUSIP No. 289393 ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Linda Ellis-Bolton I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to ERI Acquisition Corp. ("Purchaser") by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's Restaurants, Inc. ("Elmer's") not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Karen K. Brooks I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Richard P. Buckley I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Thomas C. Connor I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON David D. Connor I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Stephanie M. Connor I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Bruce N. Davis I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Corydon H. Jensen, Jr. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Douglas A. Lee I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Debra A. Woolley-Lee I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON David Mann I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Sheila J. Schwartz I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Gerald A. Scott I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON William W. Service I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Dennis M. Waldron I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Gary M. Weeks I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Greg W. Wendt I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Richard C. Williams I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Dolly W. Woolley I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Donald W. Woolley I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. ----------------------- -------------------------------------------------------- CUSIP No. 289393 ----------------------- -------------------------------------------------------- 1 NAME OF REPORTING PERSON Donna P. Woolley I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A ----------- -------------------------------------------------------------------- 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| ----------- -------------------------------------------------------------------- 3 SEC USE ONLY ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America ----------------------- ---------- --------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH -0- shares REPORTING PERSON ---------- --------------------------------------------- WITH 8 SHARED VOTING POWER -1,339,845- shares* ---------- --------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ---------- --------------------------------------------- 10 SHARED DISPOSITIVE POWER -1,339,845- shares* ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,845* ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES |_| ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 63.9% ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------- -------------------------------------------------------------------- * The number of shares includes 1,086,344 shares pledged to Purchaser by its members for contribution upon the successful completion of the tender offer by Purchaser and its members for the outstanding common stock of Elmer's not owned by the members, and 253,501 options to purchase common stock of Elmer's exercisable within 60 days from December 20, 2004 that may be exercised and contributed to Purchaser. SCHEDULE TO This Amendment No. 4 (this "Amendment") amends and/or supplements the Tender Offer Statement and Rule 13e-3 Transaction Statement filed under cover of Schedule TO filed with the Securities and Exchange Commission (the "Commission") on December 20, 2004 by ERI Acquisition Corp., a newly formed Oregon corporation ("Purchaser") and the individuals listed thereon, as amended and/or supplemented by Amendment No. 1 filed with the Commission on January 11, 2005; as further amended and/or supplemented Amendment No. 2 filed with the Commission on January 13, 2005, and as further amended and/or supplemented by Amendment No. 3 filed January 18, 2005 (collectively, the "Schedule TO"). The Schedule TO along with this Amendment relates to the offer by Purchaser to purchase all of the outstanding shares of common stock, no par value per share (the "Shares"), of Elmer's Restaurants, Inc., an Oregon corporation ("Elmer's"), not currently owned by the Continuing Shareholders (as defined in the Offer to Purchase), at a purchase price of $7.50 per Share, in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase dated December 20, 2004, as amended (the "Offer to Purchase"), a copy of which is attached hereto as Exhibit (a)(1)(i), and in the related Letter of Transmittal, as amended (the "Letter of Transmittal"), a copy of which is attached hereto as Exhibit (a)(1)(ii), (the Offer to Purchase and the Letter of Transmittal, together with any supplements or amendments, collectively, constitute the "Offer"). Any capitalized terms used and not otherwise defined herein has the meaning given to such term in the Offer to Purchase. The information set forth in the Offer to Purchase and in the related Letter of Transmittal is expressly incorporated herein by reference in response to all of the Items of this Amendment, including without limitation all of the information required by Schedule 13E-3 that is not included in or covered by the items in the Schedule TO. In addition, the information set forth in Items 1 through 13 of the Schedule TO are incorporated herein by reference with respect to Items 1 through 13 of this Amendment, except those Items as to which information specifically provided herein is relevant, in which case the information contained in the Schedule TO is incorporated herein by reference in parties answer to those Items unless otherwise noted hereto. For purposes of this Amendment, all references to the Offer to Purchase that are expressly set forth in this Amendment or incorporated herein by reference from other documents specifically refer to the Offer to Purchase dated December 20, 2004, as amended, unless otherwise stated herein. This Amendment also constitutes an amendment to the Schedule 13D filed on August 6, 2004, as amended by Amendment No. 1 filed on August 9, 2004, and as amended and restated by Amendment No. 2 filed November 19, 2004, by Purchaser and the Continuing Shareholders. -------------------------------------------------------------------------------- ITEM 12. EXHIBITS. Item 12 of the Schedule TO is hereby amended by replacing Exhibit (a)(1)(i) and Exhibit (a)(1)(ii) with the following: (a)(1)(i) Offer to Purchase, dated December 20, 2004, as amended. (a)(1)(ii) Letter of Transmittal, as amended. SIGNATURE After due 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: January 18, 2005 ERI ACQUISITION CORP. By: /s/ BRUCE N. DAVIS ------------------------------ Name: Bruce N. Davis Title: President and CEO /s/ LINDA ELLIS-BOLTON /s/ GERALD A. SCOTT -------------------------------------- ----------------------------------- Linda Ellis-Bolton Gerald A. Scott /s/ KAREN K. BROOKS /s/ SHEILA J. SCHWARTZ -------------------------------------- ----------------------------------- Karen K. Brooks Sheila J. Schwartz /s/ RICHARD P. BUCKLEY /s/ WILLIAM W. SERVICE -------------------------------------- ----------------------------------- Richard P. Buckley William W. Service /s/ DAVID D. CONNOR /s/ DENNIS M. WALDRON -------------------------------------- ----------------------------------- David D. Connor Dennis M. Waldron /s/ STEPHANIE M. CONNOR /s/ GARY N. WEEKS -------------------------------------- ----------------------------------- Stephanie M. Connor Gary N. Weeks /s/ Thomas C. Connor /s/ GREGORY W. WENDT -------------------------------------- ----------------------------------- Thomas C. Connor Gregory W. Wendt /s/ BRUCE N. DAVIS /s/ RICHARD C. WILLIAMS -------------------------------------- ----------------------------------- Bruce N. Davis Richard C. Williams /s/ CORYDON H. JENSEN, JR. /s/ DOLLY W. WOOLLEY -------------------------------------- ----------------------------------- Corydon H. Jensen, Jr. Dolly W. Woolley /s/ DEBORAH A. WOOLLEY-LEE /s/ DONALD W. WOOLLEY -------------------------------------- ----------------------------------- Debra A. Woolley-Lee Donald W. Woolley /s/ DOUGLAS A. LEE /s/ DONNA P. WOOLLEY -------------------------------------- ----------------------------------- Douglas A. Lee Donna P. Woolley /s/ DAVID C. MANN -------------------------------------- David C. Mann EXHIBIT INDEX EXHIBIT DESCRIPTION (a)(1)(i) Offer to Purchase dated December 20, 2004, as amended. (a)(1)(ii) Letter of Transmittal, as amended.