Steelcase - Schedule 13D/A#1 - Van Haren - 06/09/03

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D/A
(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) UNDER THE SECURITIES
EXCHANGE ACT OF 1934


(Amendment No. 1)

STEELCASE INC.


(Name of Issuer)

 

Class A Common Stock


(Title of Class of Securities)

 

858155203


(CUSIP Number)

 

Warner Norcross & Judd LLP
900 Fifth Third Center
111 Lyon Street, N.W.
Grand Rapids, Michigan 49503-2487
Attention: Jeffrey A. Ott
Telephone (616) 752-2000


(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

 

May 15, 2003


(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 which 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. o

(Continued on the following pages)

(Page 1 of 4 Pages)

_______________________
*          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 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.





CUSIP NO. 858155203

SCHEDULE 13D/A

Page 2 of 4



 


 


1

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

W. Michael Van Haren

 


 


2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) o

 

 

(b) o

 


 


3

SEC USE ONLY

 


 


4

SOURCE OF FUNDS (See Instructions)

 

 

 


OO


5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)  o

 

 

 


 


6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

 

United States of America

 


 



NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

 

 


350


8

SHARED VOTING POWER

 

 

 


12,939,245


9

SOLE DISPOSITIVE POWER

 

 

 


350


10

SHARED DISPOSITIVE POWER

 

 

 


12,939,245



11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

 


12,939,595


12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES


o

 


 


 


13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

 

 


23.1%


14

TYPE OF REPORTING PERSON

 

 

 


IN







CUSIP NO. 858155203

SCHEDULE 13D/A

Page 3 of 4



                    This Amendment No. 1 amends Mr. Van Haren's initial statement on Schedule 13D dated February 14, 2003, relating to the Issuer's securities.

Item 5.

Interest in Securities of the Issuer

          (a)          The reporting person may be deemed to beneficially own 12,939,595 shares of the Issuer's stock, which would constitute 23.1% of the outstanding shares of Class A Common Stock.

          The number of shares reported in this Item 5(a) includes 12,618,325 shares of Class B Common Stock of the Issuer which are immediately convertible into an equal number of shares of Class A Common Stock at the option of the holder. In addition, if shares of Class B Common Stock are transferred to any person other than a "Permitted Transferee" (as defined in the Issuer's Second Restated Articles of Incorporation), such shares are automatically converted on a share-for-share basis into shares of Class A Common Stock. Shares of Class B Common Stock of the Issuer have the same attributes as shares of Class A Common Stock of the Issuer except that each share of Class B Common Stock entitles the holder thereof to ten votes on all matters upon which shareholders have a right to vote and each share of Class A Common Stock entitles the holder thereof to one vote on such matters.

          If all the outstanding shares of Class B Common Stock of the Issuer were converted into shares of Class A Common Stock, Mr. Van Haren may be deemed to beneficially own approximately 8.8% of the outstanding Class A Common Stock.

          (b)          The reporting person holds the sole power to vote and dispose of 350 shares of the Issuer's stock. The reporting person holds the shared power to vote and dispose of 12,939,245 shares of the Issuer's stock as co-trustee of the trusts holding such shares. The reporting person shares the power to vote and dispose of these 12,939,245 shares with Fifth Third Bank, co-trustee. Fifth Third Bank is a Michigan banking corporation located at Fifth Third Center, 111 Lyon Street N.W., Grand Rapids, Michigan 49503.

          (c)          On April 30, 2003, the Peter Martin Wege Trust F/B/O Christopher Wege converted 500,000 shares of Class B Common Stock to 500,000 shares of Class A Common Stock. During the past 60 days, the Peter Martin Wege Trust F/B/O Christopher Wege sold the following shares of Class A Common Stock in the open market:

Trade Date

Shares

Price/Share

5/8/2003

 

32,600

 

$10.25

 

5/8/2003

 

9,700

 

$10.24

 

5/8/2003

 

5,600

 

$10.33

 

5/9/2003

 

300

 

$10.05

 

5/12/2003

 

2,000

 

$10.01

 

5/13/2003

 

38,900

 

$10.00

 

5/14/2003

 

10,900

 

$10.00

 

5/15/2003

 

10,000

 

$10.00

 

5/16/2003

 

10,000

 

$10.07

 

5/20/2003

 

18,600

 

$9.75

 






CUSIP NO. 858155203

SCHEDULE 13D/A

Page 4 of 4



Trade Date

Shares

Price/Share

5/23/2003

 

125,100

 

$10.00

 

5/28/2003

 

1,000

 

$10.00

 

5/29/2003

 

50,000

 

$10.00

 

5/29/2003

 

68,600

 

$10.01

 

5/30/2003

 

89,200

 

$10.17

 

6/2/2003

 

18,500

 

$10.52

 

6/3/2003

 

9,000

 

$10.66

 

                    On March 19, 2003, the Peter Martin Wege Trust F/B/O Peter M. Wege, II converted 637,620 shares of Class B Common Stock to 637,620 shares of Class A Common Stock. During the past 60 days, the Peter Martin Wege Trust F/B/O Peter M. Wege, II sold the following shares of Class A Common Stock in the open market:

Trade Date

Shares

Price/Share

4/10/2003

 

10,800

 

$8.69

 

4/11/2003

 

8,600

 

$8.66

 

4/14/2003

 

10,000

 

$8.75

 

4/14/2003

 

43,700

 

$8.78

 

4/15/2003

 

46,900

 

$8.78

 

4/30/2003

 

197,350

 

$9.52

 

          (d)          Of the shares reported in Item 5(a) above, 9,800 Class A shares and 2,027,189 Class B shares are held by the Peter Martin Wege Trust F/B/O Christopher Wege; 2,807,189 Class B shares are held by the Peter Martin Wege Trust F/B/O Diana Wege; 2,807,189 Class B shares are held by the Peter Martin Wege Trust F/B/O Johanna Osman; 2,807,189 Class B shares are held by the Peter Martin Wege Trust F/B/O Mary Goodwille Nelson; and 311,120 Class A shares and 2,169,569 Class B shares are held by the Peter Martin Wege Trust F/B/O Peter M. Wege, II. The named beneficiaries of these trusts have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.

          (e)          Not applicable

SIGNATURES

          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.


 

June 9, 2003

 

 

 

 

 

 

 

/s/ W. Michael Van Haren


 

W. Michael Van Haren