SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
(Amendment No. 26)*
Under the Securities Exchange Act of 1934
TITANIUM METALS CORPORATION
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
888339 10 8
(CUSIP Number)
STEVEN L. WATSON
THREE LINCOLN CENTRE
SUITE 1700
5430 LBJ FREEWAY
DALLAS, TEXAS 75240-2694
(972) 233-1700
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 4, 2006
(Date of Event which requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box. [ ]
*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).
(Continued on following pages)
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Tremont LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC and AF
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 50,474,000
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
50,474,000
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,474,000
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
31.3%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Valhi, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Valhi Holding Company
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Valhi Group, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
National Lines, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
NOA, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Dixie Holding Company
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
placeDixie Rice Agricultural Corporation, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Louisiana
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Southwest Louisiana Land Company, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Louisiana
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Contran Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Harold Simmons Foundation, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 56,732,600
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
56,732,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,732,600
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.2%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
The Combined Master Retirement Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 72,112,280
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
72,112,280
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
72,112,280
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.7%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
EP
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Annette C. Simmons
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
7 SOLE VOTING POWER
-0-
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 21,461,933
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
21,461,933
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,461,933
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ X ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.8%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
CUSIP No. 888339 10 8
1 NAMES OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NOS. OF SUCH
PERSONS (ENTITIES ONLY)
Harold C. Simmons
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF and OO
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
7 SOLE VOTING POWER
4,642,900
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 93,574,213
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 4,642,900
10 SHARED DISPOSITIVE POWER
93,574,213
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,642,900
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ X ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
AMENDMENT NO. 26
TO SCHEDULE 13D
This amended statement on Schedule 13D (collectively, this "Statement")
relates to the common stock, $0.01 par value per share (the "Shares"), of
Titanium Metals Corporation, a Delaware corporation (the "Company").
This amendment is filed as result of an increase in the outstanding Shares, as
reported by the Company on its Quarterly Report on Form 10-Q for the quarterly
period ended June 30, 2006 and filed with the U.S. Securities and Exchange
Commission on August 4, 2006 (the "2006 Second Quarter Form 10-Q"). The
outstanding Shares as reported in the 2006 Second Quarter Form 10-Q indicated a
decrease in the aggregate percentage holdings of the Shares held by the persons
filing this Statement by more than one percent of the outstanding Shares,
primarily as a result of conversions of the Company's 6 3/4% Series A
Convertible Preferred Stock, par value $0.01 per share (the "Series A Preferred
Stock"), into Shares. Items 2, 3, 4, 5 and 6 of this Statement are hereby
amended as set forth below.
All Share amounts in this amendment no. 26 to this Statement reflect
the two-for-one split of the Shares that the Company paid in the form of a stock
dividend on the close of business on May 15, 2006 to holders of record as of the
close of business on May 5, 2006.
Item 2. Identity and Background.
Item 2(a) is amended and restated as follows:
(a) The following entities or person are filing this Statement
(collectively, the "Reporting Persons"):
(i) Tremont LLC and The Combined Master Retirement Trust (the
"CMRT") as direct holders of Shares;
(ii) Valhi, Inc. ("Valhi") as the direct holder of Shares and
shares of Series A Preferred Stock that are convertible into Shares and
by virtue of Valhi's direct holding of 100% of the outstanding
membership interests of Tremont LLC;
(iii) Valhi Holding Company ("VHC"), Valhi Group, Inc.
("VGI"), National City Lines, Inc. ("National"), NOA, Inc. ("NOA"),
Dixie Holding Company ("Dixie Holding"), Dixie Rice Agricultural
Corporation, Inc. ("Dixie Rice"), Southwest Louisiana Land Company,
Inc. ("Southwest"), Contran Corporation ("Contran") and the Harold
Simmons Foundation, Inc. (the "Foundation") by virtue of their direct
or indirect ownership of membership interests of Tremont LLC and shares
of Valhi common stock (as described below in this Statement);
(iv) Harold C. Simmons by virtue of his positions with Contran
and certain of the other entities (as described in this Statement) and
as a direct owner of Shares; and
(v) Annette C. Simmons, Harold C. Simmons' spouse, by virtue
of her direct ownership of Shares and Series A Preferred Stock.
By signing this Statement, each Reporting Person agrees that this Statement is
filed on its, his or her behalf.
Tremont LLC, the CMRT, Valhi, Harold C. Simmons and Annette C. Simmons
are the direct holders of approximately 31.3%, 9.5%, 3.8%, 2.9% and 0.1%,
respectively, of the 161,125,557 Shares outstanding as of August 1, 2006
according to the 2006 Second Quarter Form 10-Q (the "Outstanding Shares").
Tremont LLC may be deemed to control the Company.
Valhi also directly holds 14,700 shares of Series A Preferred Stock
that are convertible into 196,000 Shares, or approximately 0.1% of the
outstanding Shares assuming the full conversion of only the shares of Series A
Preferred Stock Valhi directly holds.
Annette C. Simmons also directly holds 1,600,000 shares of Series A
Preferred Stock that are convertible into 21,333,333 Shares, or approximately
11.7% of the outstanding Shares assuming the full conversion of only the shares
of Series A Preferred Stock she directly holds.
Valhi is the direct holder of 100% of the outstanding membership
interests of Tremont LLC and may be deemed to control Tremont LLC. VHC, the
Foundation, the Contran Deferred Compensation Trust No. 2 (the "CDCT No. 2") and
the CMRT are the direct holders of 91.9%, 0.9%, 0.4% and 0.1%, respectively, of
the common stock of Valhi. VHC may be deemed to control Valhi. VGI, National and
Contran are the direct holders of 87.4%, 10.3% and 2.3%, respectively, of the
outstanding common stock of VHC. Together, VGI, National and Contran may be
deemed to control VHC. National, NOA and Dixie Holding are the direct holders of
approximately 73.3%, 11.4% and 15.3%, respectively, of the outstanding common
stock of VGI. Together, National, NOA and Dixie Holding may be deemed to control
VGI. Contran and NOA are the direct holders of approximately 85.7% and 14.3%,
respectively, of the outstanding common stock of National and together may be
deemed to control National. Contran and Southwest are the direct holders of
approximately 49.9% and 50.1%, respectively, of the outstanding common stock of
NOA and together may be deemed to control NOA. Dixie Rice is the direct holder
of 100% of the outstanding common stock of Dixie Holding and may be deemed to
control Dixie Holding. Contran is the holder of 100% of the outstanding common
stock of Dixie Rice and may be deemed to control Dixie Rice. Contran is the
holder of approximately 88.9% of the outstanding common stock of Southwest and
may be deemed to control Southwest.
Substantially all of Contran's outstanding voting stock is held by
trusts established for the benefit of certain children and grandchildren of
Harold C. Simmons (the "Trusts"), of which Mr. Simmons is the sole trustee, or
held by Mr. Simmons or persons or other entities related to Mr. Simmons. As sole
trustee of each of the Trusts, Mr. Simmons has the power to vote and direct the
disposition of the shares of Contran stock held by each of the Trusts. Mr.
Simmons, however, disclaims beneficial ownership of any shares of Contran stock
that the Trusts hold.
The CMRT directly holds approximately 9.5% of the Outstanding Shares
and 0.1% of the outstanding shares of Valhi common stock. Contran sponsors the
CMRT as a trust to permit the collective investment by master trusts that
maintain assets of certain employee benefit plans Contran and related companies
adopt. Mr. Simmons is the sole trustee of the CMRT and a member of the trust
investment committee for the CMRT. He is a participant in one or more of the
employee benefit plans that invest through the CMRT.
The Foundation directly holds approximately 0.9% of the outstanding
Valhi common stock. The Foundation is a tax-exempt foundation organized for
charitable purposes. Harold C. Simmons is the chairman of the board of the
Foundation and may be deemed to control the Foundation.
The CDCT No. 2 directly holds approximately 0.4% of the outstanding
Valhi common stock. U.S. Bank National Association serves as the trustee of the
CDCT No. 2. Contran established the CDCT No. 2 as an irrevocable "rabbi trust"
to assist Contran in meeting certain deferred compensation obligations that it
owes to Harold C. Simmons. If the CDCT No. 2 assets are insufficient to satisfy
such obligations, Contran is obligated to satisfy the balance of such
obligations as they come due. Pursuant to the terms of the CDCT No. 2, Contran
(i) retains the power to vote the shares of Valhi common stock held directly by
the CDCT No. 2, (ii) retains dispositive power over such shares and (iii) may be
deemed the indirect beneficial owner of such shares.
NL Industries, Inc. ("NL") and a subsidiary of NL directly hold
3,522,967 shares and 1,186,200 shares, respectively, of Valhi common stock.
Valhi and a subsidiary of the Company are the direct holders of approximately
83.1% and 0.5%, respectively, of the outstanding shares of NL common stock and
together may be deemed to control NL. Pursuant to Delaware law, Valhi
treats the shares of Valhi common stock that NL and the subsidiary of NL hold as
treasury stock for voting purposes and for the purposes of this Statement such
shares are not deemed outstanding.
Mr. Harold C. Simmons is chairman of the board and chief executive
officer of NL and chairman of the board of the Company, Tremont LLC, Valhi, VHC,
VGI, National, NOA, Dixie Holding, Dixie Rice, Southwest and Contran.
By virtue of the offices held, the stock ownership and his services as
trustee, all as described above, (a) Mr. Simmons may be deemed to control the
entities described above and (b) Mr. Simmons and certain of such entities may be
deemed to possess indirect beneficial ownership of Shares directly held by
certain of such other entities. Mr. and Ms. Simmons each disclaims beneficial
ownership of the Shares beneficially owned, directly or indirectly, by any of
such entities.
Annette C. Simmons is the direct holder of 128,600 Shares, 1,600,000
shares of Series A Preferred Stock and 43,400 shares of Valhi common stock. Mr.
Simmons may be deemed to share indirect beneficial ownership of such shares. Mr.
Simmons disclaims all such beneficial ownership.
Harold C. Simmons is the direct owner of 4,642,900 Shares and 3,383
shares of Valhi common stock. Other than the shares she directly holds, Ms.
Simmons disclaims beneficial ownership of all Shares that her husband may
beneficially own.
A trust of which Harold C. Simmons and Annette C. Simmons are
co-trustees and the beneficiaries of which are the grandchildren of Ms. Simmons
is the direct holder of 36,500 shares of Valhi common stock. Each of Mr. and Ms.
Simmons disclaims beneficial ownership of these shares.
Certain information concerning the directors and executive officers of
the Reporting Persons, including offices held by Mr. Simmons is set forth on
Schedule B attached hereto and incorporated herein by reference.
The Reporting Persons understand that the funds required by each person
named in Schedule B to this Statement to acquire Shares were from such person's
personal funds.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is amended to add the following:
The total amount of funds (including commissions) Harold C. Simmons
used to acquire the Shares he purchased as reported in Item 5(c) was
$12,509,326.00. Mr. Simmons used his personal funds for such purchases.
The total amount of funds (including commissions) Valhi used to acquire
the Shares it purchased as reported in Item 5(c) was $10,404,397.84. Valhi used
its cash on hand for such purchases.
Item 4. Purpose of Transaction
Item 4 is amended to add the following:
Harold C. Simmons and Valhi purchased the Shares reported in Item 5(c)
to increase each of their equity investments in the Company.
Depending upon their evaluation of the Company's business and
prospects, and upon future developments (including, but not limited to,
performance of the Company's securities in the market, availability of funds,
alternative uses of funds, the Reporting Persons' tax planning objectives and
cash needs, stock market and general economic conditions), any of the Reporting
Persons or other entities or persons that may be deemed to be affiliated with
Contran may from time to time purchase Company securities, and any of the
Reporting Persons, or other entities or persons that may be deemed to be
affiliated with Contran may from time to time dispose of all or a portion of
Company securities held by such entity or person, or cease buying or selling
Company securities. Any such additional purchases or sales of Company securities
may be in open market or privately negotiated transactions or otherwise.
As described under Item 2, Harold C. Simmons, through Contran, may be
deemed to control the Company.
The information included in Item 6 of this Statement is incorporated
herein by reference.
Item 5. Interest in Securities of the Issuer.
Item 5 is amended as follows:
No change except for the addition of the following:
(a) Tremont LLC, the CMRT, Valhi, Harold C. Simmons and Annette C.
Simmons are the direct holders of 50,474,000 Shares, 15,379,680 Shares,
6,062,600 Shares, 4,642,900 Shares and 128,600 Shares, respectively. Ms. Simmons
and Valhi are the direct holders of 1,600,000 and 14,700 shares of Series A
Preferred Stock, respectively, which are convertible into 21,333,333 Shares and
196,000 Shares, respectively.
By virtue of the relationships described under Item 2 of this
Statement:
(1) Valhi, VHC, VGI, National, NOA, Dixie Holding, Dixie Rice,
Southwest, Contran and the Foundation may each be deemed to be the
beneficial owner of the 56,536,600 Shares that Tremont LLC and Valhi
hold directly and the 196,000 Shares Valhi may acquire upon conversion
of the 14,700 shares of Series A Preferred Stock that Valhi holds
directly (in the aggregate 56,732,600 Shares, or approximately 35.2% of
the outstanding Shares assuming the full conversion of only Valhi's
Series A Preferred Stock);
(2) The CMRT may be deemed to be the beneficial owner of the
71,916,280 Shares that Tremont LLC, the CMRT and Valhi hold directly
and the 196,000 Shares Valhi may acquire upon conversion of the 14,700
shares of Series A Preferred Stock that Valhi holds directly (in the
aggregate 72,112,280 Shares, or approximately 44.7% of the outstanding
Shares assuming the full conversion of only Valhi's Series A Preferred
Stock);
(3) Harold C. Simmons may be deemed to be the beneficial owner
of the 76,687,780 Shares that Tremont LLC, the CMRT, Valhi, he and his
spouse hold directly and the 21,529,333 Shares his spouse and Valhi may
acquire upon conversion of the 1,614,700 shares of Series A Preferred
Stock that his spouse and Valhi hold directly (in the aggregate
98,217,113 Shares, or approximately 53.8% of the outstanding Shares
assuming the full conversion of only the shares of Series A Preferred
Stock his spouse and Valhi directly hold); and
(4) Annette C. Simmons may be deemed to be the beneficial
owner of the 128,600 Shares she holds directly and the 21,333,333
Shares she may acquire upon conversion of the 1,600,000 shares of
Series A Preferred Stock that she holds directly (in the aggregate
21,461,933 Shares, or approximately 11.8% of the outstanding Shares
assuming the full conversion of only the shares of Series A Preferred
Stock she directly holds).
Mr. Simmons disclaims beneficial ownership of all Company securities
that he does not hold directly. Ms. Simmons disclaims beneficial ownership of
any Company securities that she does not hold directly.
(b) By virtue of the relationships described in Item 2:
(1) Tremont LLC may be deemed to share the power to vote and
direct the disposition of the 50,474,000 Shares that it holds directly
(approximately 31.3% of the outstanding Shares);
(2) Valhi, VHC, VGI, National, NOA, Dixie Holding, Dixie Rice,
Southwest, Contran and the Foundation may each be deemed to share the
power to vote and direct the disposition of the 56,536,600 Shares that
Tremont LLC and Valhi hold directly and the 196,000 Shares Valhi may
acquire upon conversion of the 14,700 shares of Series A Preferred
Stock that Valhi holds directly (in the aggregate 56,732,600 Shares, or
approximately 35.2% of the outstanding Shares assuming the full
conversion of only Valhi's Series A Preferred Stock);
(3) The CMRT may be deemed to share the power to vote and
direct the disposition of the 71,916,280 Shares that Tremont LLC, the
CMRT and Valhi hold directly and the 196,000 Shares Valhi may acquire
upon conversion of the 14,700 shares of Series A Preferred Stock that
Valhi holds directly (in the aggregate 72,112,280 Shares, or
approximately 44.7% of the outstanding Shares assuming the full
conversion of only Valhi's Series A Preferred Stock);
(4) Harold C. Simmons may be deemed to share the power to vote
and direct the disposition of the 72,044,880 Shares that Tremont LLC,
the CMRT, Valhi and his spouse hold directly and the 21,529,333 Shares
his spouse and Valhi may acquire upon conversion of the 1,614,700
shares of Series A Preferred Stock that his spouse and Valhi hold
directly (in the aggregate 93,574,213 Shares, or approximately 51.2% of
the outstanding Shares assuming the full conversion of only the shares
of Series A Preferred Stock his spouse and Valhi directly hold);
(5) Annette C. Simmons may be deemed to share the power to
vote and direct the disposition of the 128,600 Shares she holds
directly and the 21,333,333 Shares she may acquire upon conversion of
the 1,600,000 shares of Series A Preferred Stock that she holds
directly (in the aggregate 21,461,933 Shares, or approximately 11.8% of
the outstanding Shares assuming the full conversion of only the shares
of Series A Preferred Stock she directly holds); and
(6) Harold C. Simmons may be deemed to have the sole power to
vote and direct the disposition of the 4,642,900 Shares (approximately
2.9% of the outstanding Shares) he holds directly.
(c) The table below sets forth transactions in the Shares by the
Reporting Persons during the 60 days prior to August 4, 2006 and through August
11, 2006. Harold C. Simmons and Valhi were the only Reporting Persons to have
transactions in the Shares during this period. They executed all of such
transactions, which were all purchases of Shares, on the New York Stock
Exchange.
Number of Price Per Share ($)
Purchaser Date Shares (exclusive of commissions)
-------------------------------------------- -------- --------- --------------------------
Valhi, Inc.................................. 06/08/06 30,000 $33.0000
Valhi, Inc.................................. 06/08/06 30,000 $32.5000
Valhi, Inc.................................. 06/08/06 10,000 $32.7000
Valhi, Inc.................................. 06/12/06 40,000 $33.0000
Valhi, Inc.................................. 06/13/06 3,100 $29.4700
Valhi, Inc.................................. 06/13/06 600 $29.4800
Valhi, Inc.................................. 06/13/06 4,800 $29.5000
Valhi, Inc.................................. 06/13/06 4,300 $29.5100
Valhi, Inc.................................. 06/13/06 8,000 $29.5200
Valhi, Inc.................................. 06/13/06 400 $29.5300
Valhi, Inc.................................. 06/13/06 700 $29.5400
Valhi, Inc.................................. 06/13/06 1,700 $29.5500
Valhi, Inc.................................. 06/13/06 3,900 $29.5600
Valhi, Inc.................................. 06/13/06 2,900 $29.5700
Valhi, Inc.................................. 06/13/06 1,300 $29.5800
Valhi, Inc.................................. 06/13/06 3,000 $29.5900
Valhi, Inc.................................. 06/13/06 2,200 $29.6000
Valhi, Inc.................................. 06/13/06 7,400 $29.6400
Valhi, Inc.................................. 06/13/06 200 $29.6600
Valhi, Inc.................................. 06/13/06 2,100 $29.6800
Valhi, Inc.................................. 06/13/06 600 $29.8000
Valhi, Inc.................................. 06/13/06 1,000 $29.8200
Valhi, Inc.................................. 06/13/06 500 $29.8300
Valhi, Inc.................................. 06/13/06 1,000 $29.8400
Valhi, Inc.................................. 06/13/06 100 $29.0800
Valhi, Inc.................................. 06/13/06 300 $29.0900
Valhi, Inc.................................. 06/13/06 1,500 $29.1000
Valhi, Inc.................................. 06/13/06 600 $29.2800
Valhi, Inc.................................. 06/13/06 1,200 $29.2900
Valhi, Inc.................................. 06/13/06 3,900 $29.3000
Valhi, Inc.................................. 06/13/06 3,400 $29.3100
Valhi, Inc.................................. 06/13/06 3,700 $29.3200
Valhi, Inc.................................. 06/13/06 4,300 $29.3300
Valhi, Inc.................................. 06/13/06 2,700 $29.3400
Valhi, Inc.................................. 06/13/06 2,000 $29.3500
Valhi, Inc.................................. 06/13/06 7,900 $29.3600
Valhi, Inc.................................. 06/13/06 2,700 $29.3700
Valhi, Inc.................................. 06/13/06 1,100 $29.3800
Valhi, Inc.................................. 06/13/06 2,500 $29.3900
Valhi, Inc.................................. 06/13/06 4,400 $29.4000
Valhi, Inc.................................. 06/13/06 700 $29.4100
Valhi, Inc.................................. 06/13/06 1,100 $29.4200
Valhi, Inc.................................. 06/13/06 100 $29.4400
Valhi, Inc.................................. 06/13/06 1,100 $29.4500
Valhi, Inc.................................. 06/13/06 10,000 $28.3500
Valhi, Inc.................................. 06/13/06 9,300 $28.4300
Valhi, Inc.................................. 06/13/06 10,000 $28.5000
Valhi, Inc.................................. 06/13/06 700 $28.5100
Valhi, Inc.................................. 06/13/06 10,000 $28.6500
Valhi, Inc.................................. 06/13/06 4,700 $28.6600
Valhi, Inc.................................. 06/13/06 100 $28.6700
Valhi, Inc.................................. 06/13/06 700 $28.7000
Valhi, Inc.................................. 06/13/06 800 $28.7100
Valhi, Inc.................................. 06/13/06 700 $28.7400
Valhi, Inc.................................. 06/13/06 12,500 $28.7500
Valhi, Inc.................................. 06/13/06 8,300 $28.7600
Valhi, Inc.................................. 06/13/06 200 $28.7700
Valhi, Inc.................................. 06/13/06 2,000 $28.8600
Valhi, Inc.................................. 06/13/06 2,400 $29.0000
Valhi, Inc.................................. 06/13/06 1,800 $29.0300
Valhi, Inc.................................. 06/13/06 3,200 $29.0400
Valhi, Inc.................................. 06/13/06 4,500 $29.0500
Valhi, Inc.................................. 06/13/06 1,100 $29.0600
Valhi, Inc.................................. 06/13/06 5,100 $29.0700
Valhi, Inc.................................. 06/13/06 900 $29.8500
Valhi, Inc.................................. 06/13/06 4,400 $29.8700
Valhi, Inc.................................. 06/13/06 900 $29.8900
Valhi, Inc.................................. 06/13/06 700 $29.9000
Valhi, Inc.................................. 06/13/06 300 $29.9100
Valhi, Inc.................................. 06/13/06 1,800 $29.9200
Valhi, Inc.................................. 06/13/06 1,000 $29.9300
Valhi, Inc.................................. 06/13/06 2,600 $29.9400
Valhi, Inc.................................. 06/13/06 4,300 $29.9500
Valhi, Inc.................................. 06/14/06 16,200 $29.0000
Valhi, Inc.................................. 06/14/06 200 $28.9300
Valhi, Inc.................................. 06/14/06 700 $28.9700
Valhi, Inc.................................. 06/14/06 200 $28.9600
Valhi, Inc.................................. 06/14/06 2,400 $28.9900
Valhi, Inc.................................. 06/14/06 500 $28.9800
Valhi, Inc.................................. 06/14/06 1,300 $28.9500
Valhi, Inc.................................. 06/14/06 200 $28.8600
Valhi, Inc.................................. 06/14/06 600 $28.8800
Valhi, Inc.................................. 06/14/06 1,700 $28.8200
Valhi, Inc.................................. 06/14/06 1,300 $28.7800
Valhi, Inc.................................. 06/14/06 3,400 $28.8600
Valhi, Inc.................................. 06/14/06 1,200 $28.8200
Valhi, Inc.................................. 06/14/06 800 $28.8100
Valhi, Inc.................................. 06/14/06 1,200 $28.7600
Valhi, Inc.................................. 06/14/06 700 $28.9400
Harold C. Simmons........................... 07/13/06 400 $26.7100
Harold C. Simmons........................... 07/13/06 7,000 $26.7400
Harold C. Simmons........................... 07/13/06 2,600 $26.7500
Harold C. Simmons........................... 07/13/06 200 $26.7600
Harold C. Simmons........................... 07/13/06 1,800 $26.7800
Harold C. Simmons........................... 07/13/06 1,500 $26.7900
Harold C. Simmons........................... 07/13/06 800 $26.8000
Harold C. Simmons........................... 07/13/06 500 $26.8300
Harold C. Simmons........................... 07/13/06 300 $26.8300
Harold C. Simmons........................... 07/13/06 700 $26.8400
Harold C. Simmons........................... 07/13/06 3,200 $26.8500
Harold C. Simmons........................... 07/13/06 500 $26.9800
Harold C. Simmons........................... 07/13/06 1,400 $26.9900
Harold C. Simmons........................... 07/13/06 3,100 $27.0000
Harold C. Simmons........................... 07/13/06 400 $27.1100
Harold C. Simmons........................... 07/13/06 1,200 $27.1200
Harold C. Simmons........................... 07/13/06 800 $27.1300
Harold C. Simmons........................... 07/13/06 700 $27.1400
Harold C. Simmons........................... 07/13/06 1,000 $27.1700
Harold C. Simmons........................... 07/13/06 1,500 $27.1900
Harold C. Simmons........................... 07/13/06 18,600 $27.2000
Harold C. Simmons........................... 07/13/06 1,800 $27.2100
Harold C. Simmons........................... 07/13/06 1,500 $27.2200
Harold C. Simmons........................... 07/13/06 1,000 $27.2300
Harold C. Simmons........................... 07/13/06 1,100 $27.2400
Harold C. Simmons........................... 07/13/06 6,400 $27.2500
Harold C. Simmons........................... 07/13/06 400 $27.3200
Harold C. Simmons........................... 07/13/06 200 $27.3300
Harold C. Simmons........................... 07/13/06 200 $27.3400
Harold C. Simmons........................... 07/13/06 700 $27.3500
Harold C. Simmons........................... 07/13/06 1,100 $27.3600
Harold C. Simmons........................... 07/13/06 300 $27.3700
Harold C. Simmons........................... 07/13/06 400 $27.3800
Harold C. Simmons........................... 07/13/06 3,400 $27.4000
Harold C. Simmons........................... 07/13/06 1,200 $27.4100
Harold C. Simmons........................... 07/13/06 5,300 $27.4200
Harold C. Simmons........................... 07/13/06 3,400 $27.4300
Harold C. Simmons........................... 07/13/06 900 $27.4400
Harold C. Simmons........................... 07/13/06 1,000 $27.4500
Harold C. Simmons........................... 07/13/06 1,300 $27.4600
Harold C. Simmons........................... 07/13/06 200 $27.4800
Harold C. Simmons........................... 07/13/06 500 $27.4900
Harold C. Simmons........................... 07/13/06 10,600 $27.5000
Harold C. Simmons........................... 07/13/06 3,900 $27.5100
Harold C. Simmons........................... 07/13/06 5,000 $26.9100
Harold C. Simmons........................... 07/13/06 200 $26.8900
Harold C. Simmons........................... 07/13/06 3,500 $26.9000
Harold C. Simmons........................... 07/13/06 1,000 $26.9200
Harold C. Simmons........................... 07/13/06 1,800 $26.9300
Harold C. Simmons........................... 07/13/06 600 $26.9400
Harold C. Simmons........................... 07/13/06 5,900 $26.9500
Harold C. Simmons........................... 07/13/06 3,000 $26.9600
Harold C. Simmons........................... 07/13/06 3,100 $26.9700
Harold C. Simmons........................... 07/13/06 2,800 $26.9800
Harold C. Simmons........................... 07/13/06 2,500 $26.9900
Harold C. Simmons........................... 07/13/06 600 $27.0000
Harold C. Simmons........................... 07/14/06 3,000 $23.9000
Harold C. Simmons........................... 07/14/06 600 $23.9100
Harold C. Simmons........................... 07/14/06 2,700 $23.9200
Harold C. Simmons........................... 07/14/06 2,300 $23.9300
Harold C. Simmons........................... 07/14/06 300 $23.9400
Harold C. Simmons........................... 07/14/06 6,800 $23.9600
Harold C. Simmons........................... 07/14/06 1,900 $23.9700
Harold C. Simmons........................... 07/14/06 2,000 $23.9800
Harold C. Simmons........................... 07/14/06 3,300 $23.9900
Harold C. Simmons........................... 07/14/06 27,100 $24.0000
Harold C. Simmons........................... 07/14/06 400 $24.0300
Harold C. Simmons........................... 07/14/06 1,000 $24.0400
Harold C. Simmons........................... 07/14/06 2,900 $24.0800
Harold C. Simmons........................... 07/14/06 1,300 $24.0900
Harold C. Simmons........................... 07/14/06 3,300 $24.1000
Harold C. Simmons........................... 07/14/06 11,200 $24.1100
Harold C. Simmons........................... 07/14/06 100 $24.1200
Harold C. Simmons........................... 07/14/06 300 $24.1300
Harold C. Simmons........................... 07/14/06 100 $24.1400
Harold C. Simmons........................... 07/14/06 1,400 $24.1500
Harold C. Simmons........................... 07/14/06 700 $24.1600
Harold C. Simmons........................... 07/14/06 1,300 $24.1700
Harold C. Simmons........................... 07/14/06 2,800 $24.1800
Harold C. Simmons........................... 07/14/06 3,400 $24.1900
Harold C. Simmons........................... 07/14/06 5,000 $24.2000
Harold C. Simmons........................... 07/14/06 9,200 $24.2100
Harold C. Simmons........................... 07/14/06 200 $24.2400
Harold C. Simmons........................... 07/14/06 5,400 $24.2600
Harold C. Simmons........................... 07/14/06 6,100 $26.2700
Harold C. Simmons........................... 07/14/06 5,000 $26.5500
Harold C. Simmons........................... 07/14/06 5,000 $26.5500
Harold C. Simmons........................... 07/14/06 13,900 $26.8100
Harold C. Simmons........................... 07/14/06 9,000 $26.8200
Harold C. Simmons........................... 07/14/06 11,000 $26.8500
Harold C. Simmons........................... 07/25/06 300 $25.7100
Harold C. Simmons........................... 07/25/06 9,500 $25.7200
Harold C. Simmons........................... 07/25/06 2,100 $25.7300
Harold C. Simmons........................... 07/25/06 200 $25.7400
Harold C. Simmons........................... 07/25/06 1,200 $25.7500
Harold C. Simmons........................... 07/25/06 700 $25.7600
Harold C. Simmons........................... 07/25/06 800 $25.7700
Harold C. Simmons........................... 07/25/06 100 $25.7800
Harold C. Simmons........................... 07/25/06 200 $25.7900
Harold C. Simmons........................... 07/25/06 4,500 $25.8000
Harold C. Simmons........................... 07/25/06 4,400 $25.8100
Harold C. Simmons........................... 07/25/06 6,500 $25.8200
Harold C. Simmons........................... 07/25/06 800 $25.8300
Harold C. Simmons........................... 07/25/06 100 $25.8400
Harold C. Simmons........................... 07/25/06 3,000 $25.8500
Harold C. Simmons........................... 07/25/06 2,400 $25.8600
Harold C. Simmons........................... 07/25/06 3,900 $25.8700
Harold C. Simmons........................... 07/25/06 1,300 $25.8800
Harold C. Simmons........................... 07/25/06 3,700 $25.8900
Harold C. Simmons........................... 07/25/06 2,000 $25.9000
Harold C. Simmons........................... 07/25/06 800 $25.9100
Harold C. Simmons........................... 07/25/06 1,400 $25.9400
Harold C. Simmons........................... 07/25/06 100 $25.9500
Harold C. Simmons........................... 07/26/06 200 $26.4700
Harold C. Simmons........................... 07/26/06 100 $26.4800
Harold C. Simmons........................... 07/26/06 100 $26.4900
Harold C. Simmons........................... 07/26/06 1,800 $26.5000
Harold C. Simmons........................... 07/26/06 1,900 $26.5100
Harold C. Simmons........................... 07/26/06 2,800 $26.5200
Harold C. Simmons........................... 07/26/06 8,600 $26.5300
Harold C. Simmons........................... 07/26/06 5,500 $26.5400
Harold C. Simmons........................... 07/26/06 7,600 $26.5500
Harold C. Simmons........................... 07/27/06 800 $26.4400
Harold C. Simmons........................... 07/27/06 1,100 $26.4500
Harold C. Simmons........................... 07/27/06 1,500 $26.4600
Harold C. Simmons........................... 07/27/06 600 $26.4700
Harold C. Simmons........................... 07/27/06 300 $26.4800
Harold C. Simmons........................... 07/27/06 100 $26.5000
Harold C. Simmons........................... 07/27/06 1,400 $26.5100
Harold C. Simmons........................... 07/27/06 700 $26.5200
Harold C. Simmons........................... 07/27/06 200 $26.5300
Harold C. Simmons........................... 07/27/06 2,200 $26.5400
Harold C. Simmons........................... 07/27/06 1,400 $26.5500
Harold C. Simmons........................... 07/27/06 600 $26.5900
Harold C. Simmons........................... 07/27/06 500 $26.6000
Harold C. Simmons........................... 07/27/06 1,400 $26.6100
Harold C. Simmons........................... 07/27/06 100 $26.6400
Harold C. Simmons........................... 07/27/06 1,300 $26.6600
Harold C. Simmons........................... 07/27/06 500 $26.6700
Harold C. Simmons........................... 07/27/06 1,000 $26.6800
Harold C. Simmons........................... 07/27/06 700 $26.6900
Harold C. Simmons........................... 07/27/06 5,000 $26.7500
Harold C. Simmons........................... 08/01/06 300 $27.8600
Harold C. Simmons........................... 08/01/06 300 $27.8700
Harold C. Simmons........................... 08/01/06 500 $27.8900
Harold C. Simmons........................... 08/01/06 2,700 $27.9000
Harold C. Simmons........................... 08/01/06 400 $27.9100
Harold C. Simmons........................... 08/01/06 100 $27.9200
Harold C. Simmons........................... 08/01/06 500 $27.9300
Harold C. Simmons........................... 08/01/06 3,100 $27.9400
Harold C. Simmons........................... 08/01/06 1,500 $27.9500
Harold C. Simmons........................... 08/01/06 200 $27.9600
Harold C. Simmons........................... 08/01/06 100 $27.9800
Harold C. Simmons........................... 08/01/06 300 $27.9900
Harold C. Simmons........................... 08/01/06 4,900 $28.0000
Harold C. Simmons........................... 08/01/06 4,600 $28.1700
Harold C. Simmons........................... 08/01/06 100 $28.1800
Harold C. Simmons........................... 08/01/06 700 $28.1900
Harold C. Simmons........................... 08/01/06 800 $28.2000
Harold C. Simmons........................... 08/01/06 1,300 $28.2100
Harold C. Simmons........................... 08/01/06 6,300 $28.2500
Harold C. Simmons........................... 08/01/06 6,000 $28.2600
Harold C. Simmons........................... 08/01/06 1,100 $28.2700
Harold C. Simmons........................... 08/01/06 100 $28.2800
Harold C. Simmons........................... 08/01/06 100 $28.2900
Harold C. Simmons........................... 08/01/06 200 $28.3000
Harold C. Simmons........................... 08/01/06 100 $28.3100
Harold C. Simmons........................... 08/01/06 700 $28.3200
Harold C. Simmons........................... 08/01/06 500 $28.3300
Harold C. Simmons........................... 08/01/06 1,700 $28.3500
Harold C. Simmons........................... 08/01/06 1,500 $28.3600
Harold C. Simmons........................... 08/01/06 1,100 $28.3700
Harold C. Simmons........................... 08/01/06 1,700 $28.3800
Harold C. Simmons........................... 08/01/06 400 $28.3900
Harold C. Simmons........................... 08/01/06 3,300 $28.4000
Harold C. Simmons........................... 08/01/06 400 $28.4100
Harold C. Simmons........................... 08/01/06 2,000 $28.4300
Harold C. Simmons........................... 08/01/06 200 $28.4400
Harold C. Simmons........................... 08/01/06 200 $27.9700
Harold C. Simmons........................... 08/09/06 2,800 $26.9000
Harold C. Simmons........................... 08/09/06 2,500 $26.9100
Harold C. Simmons........................... 08/09/06 200 $26.9200
Harold C. Simmons........................... 08/09/06 2,700 $26.9300
Harold C. Simmons........................... 08/09/06 4,600 $26.9400
Harold C. Simmons........................... 08/09/06 500 $26.9500
Harold C. Simmons........................... 08/09/06 1,700 $26.9600
Harold C. Simmons........................... 08/09/06 2,300 $26.9700
Harold C. Simmons........................... 08/09/06 1,900 $26.9800
Harold C. Simmons........................... 08/09/06 2,800 $26.9900
Harold C. Simmons........................... 08/09/06 3,000 $27.0000
Harold C. Simmons........................... 08/11/06 1,700 $25.9500
Harold C. Simmons........................... 08/11/06 100 $25.9600
Harold C. Simmons........................... 08/11/06 10,300 $25.9700
Harold C. Simmons........................... 08/11/06 7,600 $25.9800
Harold C. Simmons........................... 08/11/06 3,300 $25.9900
Harold C. Simmons........................... 08/11/06 2,000 $26.0000
During the same period, a partnership controlled by Mr. W. Hayden
McIlroy, a person listed on Schedule B to this Statement, purchased 1,000 Shares
on July 31, 2006 at $28.1997 per share.
(d) Each of Tremont LLC, Annette C. Simmons, the CMRT, Valhi and Harold
C. Simmons has the right to receive and the power to direct the receipt of
dividends from, and proceeds from the sale of, the Company securities directly
held by such entity or person.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
Item 6 is amended as follows:
The information included in Items 3 and 4 of this Statement is hereby
incorporated herein by reference.
Other than as set forth above, none of the Reporting Persons or, to the
best knowledge of such persons, any person named in Schedule B to this Statement
has any contract, arrangement, understanding or relationship (legal or
otherwise) with any person with respect to securities of the Company, including,
but not limited to, transfer or voting of any such securities, finder's fees,
joint ventures, loans or option arrangements, puts or calls, guarantees of
profits, division of profits or losses, or the giving or withholding of proxies.
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.
Date: August 14, 2006
/s/ Harold C. Simmons
----------------------
Harold C. Simmons
Signing in the
capacities listed on
Schedule "A" attached
hereto and
incorporated herein by
reference.
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.
Date: August 14, 2006
/s/ Steven L. Watson
----------------------
Steven L. Watson
Signing in the
capacities listed on
Schedule "A" attached
hereto and
incorporated herein by
reference.
SCHEDULE A
HAROLD C. SIMMONS, in his individual capacity, as trustee for THE
COMBINED MASTER RETIREMENT TRUST and as attorney-in-fact for ANNETTE C.
SIMMONS
STEVEN L. WATSON, as president or vice president of each of:
CONTRAN CORPORATION
DIXIE HOLDING COMPANY
placeDIXIE RICE AGRICULTURAL CORPORATION, INC.
HAROLD SIMMONS FOUNDATION, INC.
NATIONAL CITY LINES, INC.
NOA, INC.
SOUTHWEST LOUISIANA LAND COMPANY, INC.
TREMONT LLC
VALHI GROUP, INC.
VALHI HOLDING COMPANY
VALHI, INC.
Schedule B
Schedule B is hereby amended and restated as follows:
The names of the directors and executive officers of Contran
Corporation ("Contran"), Dixie Holding Company ("Dixie Holding"), Dixie Rice
Agricultural Corporation, Inc. ("Dixie Rice"), the Harold Simmons Foundation,
Inc. (the "Foundation"), National City Lines, Inc. ("National"), NOA, Inc.
("NOA"), Southwest Louisiana Land Company, Inc. ("Southwest"), Valhi Group, Inc.
("VGI"), Valhi Holding Company ("VHC") and Valhi, Inc. ("Valhi") and their
present principal occupations are set forth below. Except as otherwise
indicated, each such person is a citizen of the United States of America and the
business address of each such person is 5430 LBJ Freeway, Suite 1700, Dallas,
Texas 75240.
Name Present Principal Occupation
------------------------------ --------------------------------------------
Eugene K. Anderson Vice president of Contran, Dixie Holding,
Dixie Rice, National, NOA, Southwest,
Tremont LLC, a wholly owned limited
liability company of Valhi ("Tremont"),
Valhi, VGI and VHC; and treasurer of the
Foundation.
Thomas E. Barry (1) Vice president for executive affairs at
Southern Methodist University and professor
of marketing in the Edwin L. Cox School of
Business at Southern Methodist University;
and a director of Valhi.
Norman S. Edelcup (2) Mayor of Sunny Isles Beach, Florida;
director of CompX International Inc., an
affiliate of Valhi ("Valhi"), Valhi and
Florida Savings Bancorp; and trustee of the
Baron Funds, a mutual fund group.
Lisa Simmons Epstein Director and president of the Foundation.
L. Andrew Fleck Vice president of Dixie Rice and Southwest;
real estate manager for Contran.
Robert D. Graham Vice president of Contran, Dixie Holding,
Dixie Rice, the Foundation, National, NOA,
Southwest, Tremont, Valhi, VGI and VHC;
executive vice president of Titanium Metals
Corporation (the "Company"); vice president
and general counsel of Kronos Worldwide,
Inc. ("Kronos Worldwide") and NL Industries,
Inc. ("NL"), both affiliates of Valhi.
J. Mark Hollingsworth Vice president and general counsel of
Contran, Dixie Holding, Dixie Rice,
National, NOA, Southwest, Tremont, Valhi,
VGI and VHC; general counsel of the
Foundation and CompX; trust counsel of The
Combined Master Retirement Trust, a trust
Contran sponsors that permits the collective
investment by master trusts that maintain
the assets of certain employee benefit plans
Contran and related companies adopt (the
"CMRT"); and acting general counsel of
Keystone Consolidated Industries, Inc., a
subsidiary of Contran ("Keystone").
Keith A. Johnson Controller of the Foundation.
William J. Lindquist Director and senior vice president of
Contran, Dixie Holding, National, NOA, VGI
and VHC; senior vice president of Dixie
Rice, Southwest, Tremont and Valhi.
A. Andrew R. Louis Secretary of the Company, Contran, CompX,
Dixie Holding, placeDixie Rice, Kronos
Worldwide, National, NL, NOA, Southwest,
Tremont, Valhi, VGI and VHC.
Kelly D. Luttmer Vice president and tax director of the
Company, Contran, CompX, Dixie Holding,
Dixie Rice, Kronos Worldwide, National, NL,
NOA, Southwest, Tremont, Valhi, VGI and VHC.
Andrew McCollam, Jr. (3) President and a director of Southwest;
director of Dixie Rice; and a private
investor.
W. Hayden McIlroy (4) Private investor primarily in real estate;
and a director of Valhi and Cadco Systems,
Inc., a manufacturer of emergency alert
systems.
Bobby D. O'Brien Vice president, chief financial officer and
director of Dixie Holding, National, NOA,
VGI and VHC; executive vice president and
chief financial officer of the Company; and
vice president and chief financial officer
of Contran, Dixie Rice, Southwest, Tremont
and Valhi.
Glenn R. Simmons Vice chairman of the board of Contran, Dixie
Holding, Dixie Rice, National, NOA, Tremont,
Valhi, VGI and VHC; chairman of the board of
CompX and Keystone; director and executive
vice president of Southwest; and a director
of the Company, Kronos Worldwide and NL.
Harold C. Simmons Chairman of the board of the Company,
Contran, Dixie Holding, Dixie Rice, the
Foundation, National, NOA, Southwest,
Tremont, Valhi, VGI and VHC; chairman of the
board and chief executive officer of NL and
Kronos Worldwide; and trustee and member of
the trust investment committee of the CMRT.
Richard A. Smith (5) Vice president of Dixie Rice.
John A. St. Wrba Vice president and treasurer of the Company,
Contran, Dixie Holding, Dixie Rice, Kronos
Worldwide, National, NL, NOA, Southwest,
Tremont, Valhi, VGI and VHC.
Gregory M. Swalwell Vice president and controller of Contran,
Dixie Holding, National, NOA, Southwest,
Tremont, Valhi, VGI and VHC; vice president,
finance and chief financial officer of
Kronos Worldwide and NL; and vice president
of the Company, Dixie Rice and Southwest.
J. Walter Tucker, Jr. (6) President, treasurer and a director of
Tucker & Branham, Inc., a mortgage banking,
insurance and real estate company; a
director of Valhi; and a member of the trust
investment committee of the CMRT.
Steven L. Watson Vice chairman, president and chief executive
officer of the Company; director and
president of Contran, Dixie Holding, Dixie
Rice, National, NOA, VGI and VHC; director,
president and chief executive officer of
Valhi; president of Tremont; director and
executive vice president of Southwest;
director, vice president and secretary of
the Foundation; president of Tremont; vice
chairman of Kronos Worldwide; and a director
of CompX, Keystone and NL.
----------
(1) The principal business address for Dr. Barry is Southern Methodist
University, Perkins Administration Bldg. #224, Dallas, Texas 75275.
(2) The principal business address for Mr. Edelcup is 17395 North Bay Road,
Suite 103, Sunny Isles Beach, Florida 33160.
(3) The principal business address for Mr. McCollam is 402 Canal Street,
Houma, Louisiana 70360.
(4) The principal business address for Mr. McIlroy is 25 Highland Park
Village, Suite 100-341, Dallas, Texas 75225.
(5) The principal business address for Mr. Smith is 600 Pasquiere Street,
Gueydan, Louisiana 70542-0010.
(6) The principal business address for Mr. Tucker is 1350 North Orange
Avenue, Suite 102, Winter Park, Florida 32789.
SCHEDULE C
Schedule C is hereby amended and restated as follows:
Based upon ownership filings with the Securities and Exchange
Commission or upon information provided by the persons listed on Schedule B to
this Statement, such persons may be deemed to personally beneficially own shares
("Shares") of the common stock, par value $0.01 per share, of Titanium Metals
Corporation, a Delaware corporation (the "Company"), as outlined below.
Shares Options
Name Held Held (1) Total
----------------------------------------- ----------- ----------- -----------
Eugene K. Anderson -0- -0- -0-
Thomas E. Barry -0- -0- -0-
Norman S. Edelcup -0- -0- -0-
Lisa Simmons Epstein -0- -0- -0-
L. Andrew Fleck (2) 71,240 -0- 71,240
Robert D. Graham -0- -0- -0-
J. Mark Hollingsworth -0- -0- -0-
Keith A. Johnson 9,300 -0- 9,300
William J. Lindquist -0- -0- -0-
A. Andrew R. Louis -0- -0- -0-
Kelly D. Luttmer 400 -0- 400
Andrew McCollam, Jr. -0- -0- -0-
W. Hayden McIlroy (3) 5,000 -0- 5,000
Bobby D. O'Brien -0- -0- -0-
Glenn R. Simmons 40,500 -0- 40,500
Harold C. Simmons (4) 26,104,833 -0- 26,104,833
Richard A. Smith -0- -0- -0-
John A. St. Wrba -0- -0- -0-
Gregory M. Swalwell -0- -0- -0-
J. Walter Tucker, Jr. -0- -0- -0-
Steven L. Watson 86,500 60,000 146,500
----------
(1) Represents Shares issuable pursuant to the exercise of stock options
within 60 days of the date of this Statement.
(2) Includes 3,440 Shares owned by his minor children.
(3) Comprises (1) 4,000 Shares owned by a partnership that Mr. McIlroy
controls and (2) 4,000 Shares Mr. McIlroy has the right to receive upon
conversion of 300 shares of the Company's 6 3/4% Series A Convertible
Preferred Stock, par value $0.01 per share (the "Series A Preferred
Stock"), that he holds directly.
(4) Includes 128,600 Shares that Harold C. Simmons' spouse owns directly
and 21,333,333 Shares that she is entitled to receive upon the
conversion of 1,600,000 shares of Series A Preferred Stock that she
holds directly. This table excludes other Shares of which Mr. Simmons
may be deemed to possess indirect beneficial ownership as described in
Item 5(a) of this Statement. Mr. Simmons disclaims beneficial ownership
of all Shares that he does not directly own.