UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 3)
Under the Securities Exchange Act of 1934
Footstar, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
344912-10-0
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(CUSIP Number)
Janice V. Sharry, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5562
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 27, 2001
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), (f) or (g), check the following
box. [X]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. see Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
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CUSIP No. 344912-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Partners, L.P., a Delaware limited partnership
22-2875193
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
2,206,010
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 2,206,010
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,240,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.26%(1)
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14 TYPE OF REPORTING PERSON
PN
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(1) Based on 19,925,315 shares of Common Stock issued and outstanding as of
September 29, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended September 29, 2001, filed with the Securities and
Exchange Commission on November 13, 2001.
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CUSIP No. 344912-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Limited, a Bermuda corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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7 SOLE VOTING POWER
438,414
NUMBER OF -----------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -----------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 438,414
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,240,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11)
16.26%(1)
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14 TYPE OF REPORTING PERSON
CO
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(1) Based on 19,925,315 shares of Common Stock issued and outstanding as of
September 29, 2001, as disclosed in the Issuer's Quarterly Report on Form
10-Q for the quarterly period ended September 29, 2001, filed with the
Securities and Exchange Commission on November 13, 2001.
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CUSIP No. 344912-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Institutional Partners, L.P., a Delaware limited
partnership
06-1456821
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
78,785
NUMBER OF ---------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 78,785
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,240,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.26%(1)
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14 TYPE OF REPORTING PERSON
PN
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(1) Based on 19,925,315 shares of Common Stock issued and outstanding as of
September 29, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended September 29, 2001, filed with the Securities and
Exchange Commission on November 13, 2001.
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CUSIP No. 344912-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investors, L.L.C., a Delaware limited liability
company
13-4095958
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
517,591
NUMBER OF ---------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 517,591
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,240,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.26%(1)
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14 TYPE OF REPORTING PERSON
LLC
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(1) Based on 19,925,315 shares of Common Stock issued and outstanding as of
September 29, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended September 29, 2001, filed with the Securities and
Exchange Commission on November 13, 2001.
This Amendment No. 3 to Schedule 13D (this "Amendment") amends and
supplements the Schedule 13D filed by ESL Partners, L.P., ESL Limited, ESL
Institutional Partners, L.P. and ESL Investors, L.L.C., by furnishing the
information set forth below. Unless set forth below, all previous Items are
unchanged. Capitalized terms used herein which are not defined herein have the
meanings given to them in the Schedule 13D previously filed with the Securities
and Exchange Commission.
ITEM 1. SECURITY AND ISSUER.
The final sentence of Item 1 is hereby amended and restated in its
entirety as follows:
The address of the principal executive offices of the Issuer is 1
Crosfield Avenue, West Nyack, New York 10994.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated in its entirety as follows:
(a) Pursuant to that certain Joint Filing Agreement, entered into by
and among ESL, Limited, Institutional and Investors, dated as of December 20,
2000 (incorporated herein by reference to Exhibit 1 to Amendment No. 1 to
Schedule 13D, filed on December 20, 2000), each of ESL, Limited, Institutional
and Investors may be deemed to beneficially own 3,240,800 Shares (which is
approximately 16.26% of the Shares outstanding as of September 29, 2001, as
disclosed in the Issuer's Quarterly Report on Form 10-Q for the quarterly period
ended September 29, 2001, filed with the Securities and Exchange Commission on
November 13, 2001).
(b)
Sole Shared Sole Shared
Voting Voting Dispositive Dispositive
Power Power Power Power
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ESL Partners, L.P. 2,206,010 0 2,206,010 0
ESL Limited 438,414 0 438,414 0
ESL Institutional Partners, L.P. 78,785 0 78,785 0
ESL Investors, L.L.C. 517,591 0 517,591 0
(c) All transactions in the Shares during the past sixty days, not
previously reported by any of the Filing Persons, are set forth on Schedule A
attached hereto.
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: December 28, 2001
ESL PARTNERS, L.P.
By: RBS Partners, L.P., its general partner
By: ESL Investments, Inc., its general
partner
By: /s/ EDWARD S. LAMPERT
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Edward S. Lampert
Chairman
ESL LIMITED
By: ESL Investment Management, LLC, its
investment manager
By: /s/ EDWARD S. LAMPERT
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Edward S. Lampert
Managing Member
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, LLC, its
general partner
By: /s/ EDWARD S. LAMPERT
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Edward S. Lampert
Managing Member
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., its manager
By: ESL Investments, Inc., its general
partner
By: /s/ EDWARD S. LAMPERT
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Edward S. Lampert
Chairman
SCHEDULE A
TRANSACTIONS IN THE SHARES IN
THE PAST SIXTY DAYS
IN THE PAST SIXTY DAYS, THE ONLY TRANSACTIONS IN THE SHARES BY ESL NOT
PREVIOUSLY REPORTED WERE:
Date of Sale Shares Sold Price Per Share
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11/26/01 70,610 $34.150
12/12/01 2,726 32.000
12/27/01 106,173 30.528
12/28/01 32,506 30.737
IN THE PAST SIXTY DAYS, THE ONLY TRANSACTIONS IN THE SHARES BY INSTITUTIONAL NOT
PREVIOUSLY REPORTED WERE:
Date of Sale Shares Sold Price Per Share
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11/26/01 49 $34.150
12/12/01 215 32.000
12/19/01 2,000 30.350
12/19/01 2,000 30.522
12/27/01 820 30.528
12/28/01 982 30.737
IN THE PAST SIXTY DAYS, THE ONLY TRANSACTIONS IN THE SHARES BY INVESTORS NOT
PREVIOUSLY REPORTED WERE:
Date of Sale Shares Sold Price Per Share
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11/26/01 13,441 $34.150
12/12/01 3,059 32.000
12/19/01 10,000 30.350
12/19/01 57,000 30.522
12/27/01 6,807 30.528
12/28/01 9,412 30.737