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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
(RULE 14A-101)
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant To Section 14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Definitive Proxy Statement [ ] Confidential, for use of the
[X] Definitive Additional Materials Commission only (as permitted
[ ] Soliciting Material Pursuant to by Rule 14a-6(e)(2))
Rule 14a-12
HERCULES INCORPORATED
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(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
INTERNATIONAL SPECIALTY PRODUCTS INC.
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(NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)
PAYMENT OF FILING FEE (CHECK THE APPROPRIATE BOX):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(I)(4) and 0-11.
(1) Title of each class of securities to which transaction applies: Not applicable.
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(2) Aggregate number of securities to which transaction applies: Not applicable.
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(3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11 (set forth the
amount on which the filing fee is calculated and state how it
was determined): Not applicable.
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(4) Proposed maximum aggregate value of transaction: Not applicable.
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(5) Total fee paid: Not applicable.
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[ ] Fee paid previously with preliminary materials:
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
(1) Amount previously paid: Not applicable.
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(2) Form, schedule or registration statement no.: Not applicable.
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(3) Filing party: Not applicable.
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(4) Date filed: Not applicable.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 11)
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HERCULES INCORPORATED
(Name of Issuer)
COMMON STOCK, $25/48 STATED VALUE PER SHARE 427056106
(Title of class of securities) (CUSIP number)
RICHARD A. WEINBERG, ESQ.
C/O ISP MANAGEMENT COMPANY, INC.
1361 ALPS ROAD
WAYNE, NEW JERSEY 07470
(973) 628-4000
(Name, address and telephone number of person authorized
to receive notices and communications)
WITH A COPY TO:
STEPHEN E. JACOBS, ESQ.
WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153-0119
(212) 310-8000
APRIL 12, 2001
(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-(g), check
the following box. / /
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 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 purposes of Section 18 of the Securities Exchange Act of
1934 (the "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)
(Page 1 of 6 Pages)
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CUSIP No. 427056106 13D Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON ISP OPCO HOLDINGS INC.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / /
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): / /
--------------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------------------- ------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: 10,719,200
OWNED BY
------------- ------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------------- ------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 10,719,200
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
REPORTING PERSON: 10,719,200
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: / /
--------------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.91%
--------------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
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CUSIP No. 427056106 13D Page 3 of 6 Pages
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--------------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON ISP INVESTMENTS INC.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / /
(b) /X/
--------------- ----------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS: WC, OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e):
--------------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
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NUMBER OF 7 SOLE VOTING POWER: 10,719,200
SHARES
------------- ------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY
------------- ------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 10,719,200
REPORTING
------------- ------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
--------------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
REPORTING PERSON: 10,719,200
--------------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: / /
--------------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.91%
--------------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
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CUSIP No. 427056106 13D Page 4 of 6 Pages
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--------------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON INTERNATIONAL SPECIALTY
S.S. OR I.R.S. IDENTIFICATION NO. PRODUCTS INC.
OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) / /
(b) /X/
--------------- ----------------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
--------------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): / /
--------------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------------------- ------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------------- ------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 10,719,200
OWNED BY
------------- ------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------------- ------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 10,719,200
--------------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
REPORTING PERSON: 10,719,200
--------------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: / /
--------------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.91%
--------------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
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This Amendment No. 11 ("Amendment No. 11") amends the statement of
beneficial ownership on Schedule 13D ("Schedule 13D") filed on July 24, 2000, as
amended by Amendment No. 1 filed on October 11, 2000, Amendment No. 2 filed on
January 23, 2001, Amendment No. 3 filed on February 7, 2001, Amendment No. 4
filed on February 20, 2001, Amendment No. 5 filed on February 28, 2001,
Amendment No. 6 filed on March 7, 2001, Amendment No. 7 filed on March 9, 2001,
Amendment No. 8 filed on March 12, 2001, Amendment No. 9 filed on April 4, 2001,
and Amendment No. 10 filed on April 11, 2001, by and on behalf of ISP Opco
Holdings Inc. ("ISP Opco"), ISP Investments Inc. ("ISP Investments"), and
International Specialty Products Inc. ("ISP" and together with ISP Investments
and ISP Opco, the "Reporting Persons") with respect to their ownership of common
stock, stated value $25/48 per share ("Common Stock"), of Hercules Incorporated
(the "Company"). Capitalized terms used herein and not defined herein have the
meanings ascribed thereto in the Schedule 13D, as previously amended.
ITEM 4. PURPOSE OF TRANSACTION
On April 12, 2001, Samuel J. Heyman, Chairman of the Board of ISP,
sent the following letter to Mr. Thomas Gossage, Chairman, CEO and President of
the Company:
Mr. Thomas Gossage
Chairman, CEO and President
Hercules Incorporated
Hercules Plaza
1313 North Market Street
Wilmington, Delaware 19894-0001
Dear Tom:
I am in receipt of your letter today, and our response is already fully
laid out in our proxy materials, which contain numerous facts that you insist on
ignoring.
While we are pleased that Hercules has "reactivated" its search for a
permanent CEO, I do not recall Hercules ever reporting to its shareholders that
it had deactivated the search. Are you now reporting that after almost six
months there has been no progress on this front as well?
I do agree with you, of course, that Hercules shareholders should not be
misled, and so to prevent that from happening, I would propose that you and I
have one or more discussions/debates before any interested group of Hercules
shareholders, so that the Company's shareholders can fully understand our
respective positions in the proxy contest.
Please let me know.
Sincerely,
/s/ Samuel J. Heyman
[The remainder of this page intentionally left blank.]
5
SIGNATURES
After reasonable inquiry and to the best of their knowledge and
belief, the undersigned certify that the information set forth in this Statement
is true, complete and correct.
Dated: April 12, 2001
ISP OPCO HOLDINGS INC.
ISP INVESTMENTS INC.
INTERNATIONAL SPECIALTY PRODUCTS INC.
By: /s/ Susan B. Yoss
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Susan B. Yoss
Executive Vice President and Treasurer
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