SEC 1745
(02-02)


Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires: December 31, 2005

 

SCHEDULE 13G

Estimated average burden hours per response. . 11

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

Tuesday Morning Corporation

(Name of Issuer)

 

Common Stock, $0.01 Par Value

(Title of Class of Securities)

 

899035 50 5

(CUSIP Number)

 

April 22, 2002

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[     ]

Rule 13d-1(b)

[     ]

Rule 13d-1(c)

[ X ]

Rule 13d-1(d)

 


*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 the disclosures provided in a prior cover page.

 

The information required in 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).

 



 

CUSIP No.  899035 50 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Madison Dearborn Capital Partners II, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[     ]

 

 

(b)

[ X ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
- 0 -

 

6.

Shared Voting Power
21,213,526 (See Item 4)

 

7.

Sole Dispositive Power
- 0 -

 

8.

Shared Dispositive Power
21,213,526 (See Item 4)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
21,213,526 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [     ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
52.8%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 

2



 

CUSIP No.  899035 50 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Madison Dearborn Partners II, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[     ]

 

 

(b)

[ X ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
- 0 -

 

6.

Shared Voting Power
21,213,526 (See Item 4)

 

7.

Sole Dispositive Power
- 0 -

 

8.

Shared Dispositive Power
21,213,526 (See Item 4)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
21,213,526 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [     ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
52.8%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 

3



 

CUSIP No.  899035 50 5

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Madison Dearborn Partners, Inc.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[     ]

 

 

(b)

[ X ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
- 0 -

 

6.

Shared Voting Power
21,213,526 (See Item 4)

 

7.

Sole Dispositive Power
- 0 -

 

8.

Shared Dispositive Power
21,213,526 (See Item 4)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
21,213,526 (See Item 4)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [     ]

 

 

11.

Percent of Class Represented by Amount in Row (9)
52.8%

 

 

12.

Type of Reporting Person (See Instructions)
CO

 

4



 

Item 1.

 

(a)

Name of Issuer
Tuesday Morning Corporation

 

(b)

Address of Issuer's Principal Executive Offices
14621 Inwood Road
Addison, Texas 75001

 

Item 2.

 

(a)

Name of Person Filing
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13-d(1)(k) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities and Exchange Act of 1934, as amended (the "Act"):

 

 

Madison Dearborn Capital Partners II, L.P.,
Madison Dearborn Partners II, L.P.,
Madison Dearborn Partners, Inc.,

 

 

each, a "Reporting Person" or collectively, the "Reporting Persons."  The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.

 

 

The Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Act.  Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this statement held by any other person.  The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Schedule 13G.

 

(b)

Address of Principal Business Office or, if none, Residence
The address of the principal business office of each of the Reporting Persons is Three First National Plaza, Suite 3800, Chicago, Illinois 60602.

 

(c)

Citizenship
Each of the Reporting Persons that are entities is organized under the laws of the State of Delaware.

 

(d)

Title of Class of Securities
Common Stock, par value $0.01 per share.

 

(e)

CUSIP Number
899035 50 5

 

5



 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

[  ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

[  ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

[  ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

[  ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

[  ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

[  ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

[  ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

[  ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

[  ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

[  ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

Item 4.

Ownership

 

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:   
Madison Dearborn Capital Partners II, L.P. ("MDCP II") directly owns 21,213,526 shares of Common Stock of the Company.  Thus, MDCP II beneficially owns 21,213,526 shares of Common Stock of the Issuer.

 

 

MDCP II is managed by its general partner, Madison Dearborn Partners II, L.P. ("MDP II").  Dispositive and voting power of securities owned by MDCP II is shared at MDP II by an advisory committee of limited partners of MDP II and by the general partner of MDP II, Madison Dearborn Partners, Inc. ("MDP Inc.").  For purposes of Rule 13d-3 of the Act, MDP II and MDP Inc. may be deemed to have shared voting and dispositive power with respect to the 21,213,526 shares of Common Stock of the Issuer beneficially owned by MDCP II.

 

 

The Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Act.  Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this statement held by any other person.  The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Schedule 13G.

 

(b)

Percent of class:   
52.8%.  All ownership percentages of the securities reported herein are based upon 40,161,967 shares of Common Stock outstanding as of October 31, 2002, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2002, for the fiscal quarter ended September 30, 2002.

 

(c)

Number of shares as to which the person has:

 

 

(i)

Sole power to vote or to direct the vote    - 0 -

 

 

(ii)

Shared power to vote or to direct the vote    21,213,526

 

 

(iii)

Sole power to dispose or to direct the disposition of    - 0 -

 

 

(iv)

Shared power to dispose or to direct the disposition of    21,213,526

 

6



 

 

Item 5.

Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [   ].

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

See response to Item 4.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group

 

Not applicable.

 

Item 10.

Certification

 

Not applicable.

 

7



 

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:  February 14, 2003

 

 

MADISON DEARBORN CAPITAL PARTNERS II, L.P.

 

 

 

By:

Madison Dearborn Partners II, L.P

 

 

Its:

General Partner

 

 

 

 

 

 

By:

Madison Dearborn Partners, Inc.

 

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director

 

 

 

MADISON DEARBORN PARTNERS II, L.P.

 

 

 

By:

Madison Dearborn Partners, Inc.

 

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director

 

 

 

MADISON DEARBORN PARTNERS, INC.

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director

 

8



 

Exhibit A

 

AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G

 

The undersigned hereby agree as follows:

 

(i)            Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and

 

(ii)           Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

Date:  February 14, 2003

 

 

MADISON DEARBORN CAPITAL PARTNERS II, L.P.

 

 

 

By:

Madison Dearborn Partners II, L.P

 

 

Its:

General Partner

 

 

 

 

 

 

By:

Madison Dearborn Partners, Inc.

 

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director

 

 

 

MADISON DEARBORN PARTNERS II, L.P.

 

 

 

By:

Madison Dearborn Partners, Inc.

 

 

Its:

General Partner

 

 

 

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director

 

 

 

MADISON DEARBORN PARTNERS, INC.

 

 

 

By:

/s/ Robin P. Selati

 

 

 

Robin P. Selati, Managing Director