SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 16) (Final Amendment)
SPS Technologies, Inc.
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(Name of Issuer)
Common Stock, Par Value $1.00 Per Share
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(Title of Class of Securities)
784626 10 3
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(CUSIP Number)
John F. Keane
Tinicum Enterprises, Inc.
990 Stewart Avenue
Garden City, New York, 11530
(516) 222-2874
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 9, 2003
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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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
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CUSIP No. 784626 10 3 Page 2 of 10
13D
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Tinicum Investors 13-3800339
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 (see Item 4 below)
OWNED BY ------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 0 (see Item 4 below)
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 (see Item 4 below)
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10 SHARED DISPOSITIVE POWER
0 (see Item 4 below)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (see Item 4 below)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0% (see Item 4 below)
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14 TYPE OF REPORTING PERSON
PN
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CUSIP No. 784626 10 3 Page 3 of 10
13D
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Eric M. Ruttenberg 101-48-3484
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 (see Item 4 below)
OWNED BY ------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 0 (see Item 4 below)
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 (see Item 4 below)
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0 (see Item 4 below)
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (see Item 4 below)
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0% (see Item 4 below)
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14 TYPE OF REPORTING PERSON
IN
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CUSIP No. 784626 10 3 Page 4 of 10
13D
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RIT Capital Partners plc
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
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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
United Kingdom
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 (see Item 4 below)
OWNED BY -----------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 0 (see Item 4 below)
WITH -----------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 (see Item 4 below)
-----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0 (see Item 4 below)
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (see Item 4 below)
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0% (see Item 4 below)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IV
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CUSIP No. 784626 10 3 Page 5 of 10
13D
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Putnam L. Crafts, Jr. 134-34-9116
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_|
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0 (see Item 4 below)
OWNED BY ------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 0 (see Item 4 below)
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0 (see Item 4 below)
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0 (see Item 4 below)
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (see Item 4 below)
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0% (see Item 4 below)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
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This Statement constitutes Amendment No. 16 and is the final
amendment ("Final Amendment") to the Statement on Schedule 13D (the "Schedule
13D") initially filed with the Securities and Exchange Commission (the
"Commission") by Tinicum Enterprises, Inc., a Delaware corporation, Tinicum
Investors, L.P., a Delaware limited partnership, RIT Capital Partners plc, a
United Kingdom corporation ("RIT"), J. Rothschild Holdings plc, a United
Kingdom corporation, J. Rothschild Capital Management Limited, a United
Kingdom corporation, St. James's Place Capital plc, a United Kingdom
corporation, and Mr. Putnam L. Crafts, Jr. ("Mr. Crafts") in connection with
their ownership of shares of common stock, par value $1.00 per share (the
"Shares"), of SPS Technologies Inc., a Pennsylvania corporation (the
"Issuer"). This Final Amendment is being filed by Tinicum Investors, a
Delaware general partnership ("Tinicum"), RIT, Mr. Eric M. Ruttenberg ("Mr.
Ruttenberg"), and Mr. Crafts.
Unless otherwise defined herein, capitalized terms used herein shall
have the meanings ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction
The following is added to Item 4:
Pursuant to an Agreement and Plan of Merger (the "Merger Agreement"),
dated August 16, 2003, among Precision Castparts Corp., an Oregon corporation
("Parent"), Star Acquisition, LLC, a Pennsylvania limited liability company of
which Parent is the sole member ("Acquisition Sub"), and the Issuer, the
Issuer was merged with and into Acquisition Sub and became a wholly owned
subsidiary of Parent (the "Merger"). Each share of the Issuer common stock
(other than the Excluded Shares (as such term is defined in the Merger
Agreement)) was converted into the right to receive, at the election of the
holder and subject to the terms of the Merger Agreement, either cash, shares
of Parent's common stock or the combination of cash and stock as determined
pursuant to the terms of the Merger Agreement. Therefore, the Reporting
Persons no longer hold any securities of the Issuer. The Reporting Persons
understand that the Issuer intends to file a Form 15 with the Commission in
order to deregister the Issuer's shares of common stock.
Item 5. Interest in Securities of the Issuer.
The following supplements and amends Item 5:
(e) As a result of the Merger, the Reporting Persons no longer hold
any securities of the Issuer. As a result of the Merger, the Reporting Persons
beneficially own less than five percent in the aggregate of the outstanding
shares of Parent's common stock.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information in this statement is true, complete and
correct.
Dated: December 10, 2003
TINICUM INVESTORS
By: /s/ Eric M. Ruttenberg
---------------------------------
Name: Eric M. Ruttenberg
Title: Managing Partner
ERIC M. RUTTENBERG
By: /s/ Eric M. Ruttenberg
--------------------------------
RIT CAPITAL PARTNERS PLC
By: /s/ Duncan Budge
---------------------------------
Name: Duncan Budge
Title: Director
PUTNAM L. CRAFTS, JR.
By: /s/ Putnam L. Crafts, Jr.
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