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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
(Amendment No. 24)*
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)
January 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 12,618,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
12,618,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,618,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.6%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 City 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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 14,047,500
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
14,047,500
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,047,500
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.5%
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 17,892,420
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
17,892,420
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,892,420
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
50.4%
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 5,447,333
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
10 SHARED DISPOSITIVE POWER
5,447,333
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,447,333
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)
13.3%
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
703,000
NUMBER OF
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 23,339,753
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 703,000
10 SHARED DISPOSITIVE POWER
23,339,753
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
703,000
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)
2.0%
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
AMENDMENT NO. 24
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:
(1) an increase in the outstanding Shares, as reported by the Company on
its Quarterly Report on Form 10-Q for the quarter ended September 30,
2005 and filed with the U.S. Securities and Exchange Commission on
January 4, 2006 (the "Third Quarter 2005 Form 10-Q") that decreased
the aggregate holdings of the Shares held by the persons filing this
Statement by more than one percent of the outstanding Shares; and
(2) the execution by certain of the persons filing this amendment no. 24
to this Statement effective as of the close of business on January 13,
2006 of a written consent of at least a majority of the Outstanding
Shares to approve an amendment to the Company's amended and restated
certificate of incorporation to increase the number of authorized
Shares from 90.0 million to 200.0 million.
Items 2, 4, 5 and 6 of this Statement are hereby amended as set forth below.
All Share amounts in this amendment no. 24 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 September 6, 2005 to holders of record as
of the close of business on August 25, 2005.
Item 2. Identity and Background.
Item 2(a) is amended 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 the Company's 6 3/4% Series A Convertible Preferred Stock, par value
$0.01 per share (the "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 35.6%, 10.8%, 3.9%, 2.0% and 0.3%,
respectively, of the 35,482,522 Shares outstanding as of January 3, 2006
according to the information from the Third Quarter 2005 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 49,000 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 5,333,333 Shares, or approximately
13.1% 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 91.4%, 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 10.8% 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. Valhi is the sole member of Tremont LLC and may be
deemed to control Tremont LLC. 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 the Company and NL and chairman of the board of 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 114,000 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 703,000 Shares, 257,000 shares of
NL common stock (including stock options exercisable for 4,000 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.
(b) The principal offices of VHC are located at Three Lincoln Centre, 5430
LBJ Freeway, Suite 1700, Dallas, Texas 75240-2697.
(c) VHC is engaged in holding shares of Valhi common stock and, by virtue
of the holding of such shares, activities engaged in through Valhi and its
subsidiaries.
(d) None of the Reporting Persons or, to the best knowledge of such
persons, any of the persons named in Schedule B to this Statement has been
convicted in a criminal proceeding in the past five years (excluding traffic
violations or similar misdemeanors).
(e) None of the Reporting Persons or, to the best knowledge of such
persons, any person named in Schedule B to this Statement, was a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which such person was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
(f) VHC is a Delaware corporation.
Item 4. Purpose of Transaction
No change to Item 4 except for the addition of the following:
Effective as of the close of business on January 13, 2006, Contran, Valhi
and the CMRT executed a written consent of at least a majority of the
Outstanding Shares to approve an amendment to the Company's amended and restated
certificate of incorporation to increase the number of authorized Shares from
90.0 million to 200.0 million. The written consent procedure (including the
distribution of an Information Statement to all holders of the Outstanding
Shares) allows the Company to avoid the costs and management time involved in
holding a special meeting of its stockholders. Subject to satisfaction of
certain regulatory requirements, the Company presently intends to declare and
pay a dividend on the outstanding Shares to effect a two-for-one split of the
Shares (the "Stock Split"). In addition to the Stock Split, the increase in the
number of authorized Shares will enable the Company to effect its business
strategy, provide flexibility and provide sufficient authorized Shares to be
reserved for issuance upon the exercise of outstanding stock options and the
full conversion into Shares of the Company's convertible preferred securities,
as such conversion rights are adjusted to reflect the Stock Split.
The authorized Shares in excess of outstanding Shares will be available for
issuance at such times and for such general corporate purposes as the Company's
board of directors may deem advisable. Any such issuances may occur without
further action by the Company's stockholders, except as may be required by
applicable law or by the rules of the New York Stock Exchange, Inc., on which
the Shares are listed for trading. Upon issuance, any such Shares will have the
same rights as the outstanding Shares. Holders of Shares have no preemptive
rights. The issuance of additional Shares may have a dilutive effect on earnings
per share and on a stockholder's percentage voting power for persons who do not
purchase additional Shares to maintain their pro rata interest.
None of the Reporting Persons has made any arrangements, agreements,
understandings or plans at the present time for the issuance or use of such
additional Shares proposed to be authorized, other than the Company's plan to
use such Shares in connection with the Stock Split and the possible exercise of
outstanding stock options and the conversion of the outstanding convertible
preferred securities of the Company. Additionally, the Reporting Persons have no
present intention to cause the issuance of such additional Shares that would
make the acquisition of control of the Company by unrelated third parties more
difficult.
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 12,618,500 Shares, 3,844,920 Shares, 1,380,000 Shares,
703,000 Shares and 114,000 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 5,333,333 Shares and 49,000 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 13,998,500 Shares that Tremont LLC and Valhi hold
directly and the 49,000 Shares Valhi may acquire upon conversion of the
14,700 shares of Series A Preferred Stock that Valhi holds directly (in the
aggregate 14,047,500 Shares, or approximately 39.5% 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
17,843,420 Shares that Tremont LLC, the CMRT and Valhi hold directly and
the 49,000 Shares Valhi may acquire upon conversion of the 14,700 shares of
Series A Preferred Stock that Valhi holds directly (in the aggregate
17,892,420 Shares, or approximately 50.4% 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
18,660,420 Shares that Tremont LLC, the CMRT, Valhi, he and his spouse hold
directly and the 5,382,333 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 24,042,753 Shares, or
approximately 58.8% 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
114,000 Shares she holds directly and the 5,333,333 Shares she may acquire
upon conversion of the 1,600,000 shares of Series A Preferred Stock that
she holds directly (in the aggregate approximately 13.3% 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) 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 13,998,500 Shares that Tremont
LLC and Valhi hold directly and the 49,000 Shares Valhi may acquire upon
conversion of the 14,700 shares of Series A Preferred Stock that Valhi
holds directly (in the aggregate 14,047,500 Shares, or approximately 39.5%
of the outstanding Shares assuming the full conversion of only Valhi's
Series A Preferred Stock);
(2) The CMRT may be deemed to share the power to vote and direct the
disposition of the 17,843,420 Shares that Tremont LLC, the CMRT and Valhi
hold directly and the 49,000 Shares Valhi may acquire upon conversion of
the 14,700 shares of Series A Preferred Stock that Valhi holds directly (in
the aggregate 17,892,420 Shares, or approximately 50.4% of the outstanding
Shares assuming the full conversion of only Valhi's Series A Preferred
Stock);
(3) Harold C. Simmons may be deemed to share the power to vote and
direct the disposition of the 17,957,420 Shares that Tremont LLC, the CMRT,
Valhi and his spouse hold directly and the 5,382,333 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
23,339,753 Shares, or approximately 57.1% of the outstanding Shares
assuming the full conversion of only the shares of Series A Preferred Stock
his spouse and Valhi directly hold);
(4) Annette C. Simmons may be deemed to share the power to vote and
direct the disposition of the 114,000 Shares she holds directly and the
5,333,333 Shares she may acquire upon conversion of the 1,600,000 shares of
Series A Preferred Stock that she holds directly (approximately 13.3% of
the outstanding Shares assuming the full conversion of only the shares of
Series A Preferred Stock she directly holds); and
(5) Harold C. Simmons may be deemed to have the sole power to vote and
direct the disposition of the 703,000 Shares (approximately 2.0% of the
outstanding Shares) he holds directly.
(c) Since November 5, 2005 (60 days prior to January 4, 2006, the date of
the event that requires the filing of this amendment no. 24 to the Schedule),
Annette C. Simmons made a gift of 16,000 Shares to a charitable organization.
Other than this gift, no other Reporting Person had transactions in the Shares
during the past 60 days.
(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: January 13, 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: January 13, 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
DIXIE 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) Senior vice president business
development of Florida Savings Bancorp;
mayor of Sunny Isles Beach, Florida;
director of Valhi; and trustee of the
Baron Funds, a mutual fund group.
Lisa Simmons Epstein Director and president of the
Foundation.
Robert D. Graham Vice president of Contran, Dixie
Holding, Dixie Rice, the Foundation,
National, NOA, Southwest, Titanium
Metals Corporation (the "Company"),
Tremont, Valhi, VGI and VHC; and vice
president, general counsel and secretary
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 International
Inc., an affiliate of Valhi ("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., an affiliate 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 Contran, CompX, Dixie
Holding, Dixie Rice, National, NOA,
Southwest, Tremont, Valhi, VGI and VHC
and assistant secretary of the Company.
Kelly D. Luttmer Vice president and tax director of
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.
Harold M. Mire (5) Vice president of Dixie Rice and
Southwest.
Bobby D. O'Brien Vice president, chief financial officer
and director of Dixie Holding, National,
NOA, VGI and VHC; vice president and
chief financial officer of Contran,
Dixie Rice, Southwest, Tremont and
Valhi; and vice president of the
Company.
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 Kronos Worldwide, NL and the Company.
Harold C. Simmons Chairman of the board of Contran, Dixie
Holding, Dixie Rice, the Foundation,
National, NOA, Southwest, Tremont,
Valhi, VGI and VHC; chairman of the
board and chief executive officer of the
Company, 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 Contran,
Dixie Holding, Dixie Rice, Kronos
Worldwide, National, NL, NOA, Southwest,
TIMET, Tremont, Valhi, VGI and VHC; and
vice president and assistant treasurer
of the Company.
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 Dixie
Rice, Southwest and the Company.
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 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 the
Company; 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 Messrs. Mire and Smith is 600 Pasquiere
Street, Gueydan, Louisiana 70542-0010.
(6) The principal business address for Mr. Tucker is 400 E. Central Boulevard,
Orlando, Florida 32801.
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-
Robert D. Graham -0- -0- -0-
J. Mark Hollingsworth -0- -0- -0-
Keith A. Johnson 2,000 -0- 2,000
William J. Lindquist -0- -0- -0-
A. Andrew R. Louis -0- -0- -0-
Kelly D. Luttmer 100 -0- 100
Andrew McCollam, Jr. -0- -0- -0-
W. Hayden McIlroy (2) 1,000 -0- 1,000
Harold M. Mire -0- -0- -0-
Bobby D. O'Brien -0- -0- -0-
Glenn R. Simmons 11,000 -0- 11,000
Harold C. Simmons (3) 6,150,333 -0- 6,150,333
Richard A. Smith -0- -0- -0-
John A. St. Wrba -0- -0- -0-
Gregory M. Swalwell -0- -0- -0-
Shares Options
Name Held Held (1) Total
- -------------------------- ----------- ----------- -----------
J. Walter Tucker, Jr. -0- -0- -0-
Steven L. Watson 21,500 7,500 29,000
- ----------
(1) Represents Shares issuable pursuant to the exercise of stock options within
60 days of the date of this Statement.
(2) Comprises 1,000 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.
(3) Comprises Shares Harold C. Simmons and his spouse own directly and
5,333,333 Shares his spouse is entitled to receive upon the conversion of
1,600,000 shares of Series A Preferred Stock that she holds directly.
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.