SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

 

WESTPOINT STEVENS INC.


(Name of Issuer)

 

Common Stock


(Title of Class of Securities)

 

 

961238 102


                                (CUSIP Number)                                

 

December 31, 2004


(Date of Event which Requires Filing of Statement)

 

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

 

¨ Rule 13d-1(b)

 

x Rule 13d-1(c)

 

¨ 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 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).


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            Bank of America Corporation

            56-0906609

   
  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

 

                2,639,095


  7    SOLE DISPOSITIVE POWER

 

                0


  8    SHARED DISPOSITIVE POWER

 

                2,639,095

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,639,095

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            5.29%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            HC

   

 

 


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            NB Holdings Corporation

            56-1857749

   
  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

 

                2,639,095


  7    SOLE DISPOSITIVE POWER

 

                0


  8    SHARED DISPOSITIVE POWER

 

                2,639,095

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,639,095

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            5.29%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            HC

   

 

 


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            Bank of America, N.A.

            94-1687665

   
  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

 

            Federally chartered national banking association

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5    SOLE VOTING POWER

 

                0


  6    SHARED VOTING POWER

 

                2,424,095


  7    SOLE DISPOSITIVE POWER

 

                0


  8    SHARED DISPOSITIVE POWER

 

                2,424,095

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,424,095

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            4.86%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            BK

   

 

 


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            Banc of America Strategic Solutions, Inc.

            52-1710675

   
  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

 

                2,424,095


  6    SHARED VOTING POWER

 

                0


  7    SOLE DISPOSITIVE POWER

 

                2,424,095


  8    SHARED DISPOSITIVE POWER

 

                0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            2,424,095

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            4.86%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            CO

   

 

 


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            Banc of America Securities, LLC

            56-2058405

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨

(b)  ¨

   
  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

 

                215,000


  6    SHARED VOTING POWER

 

                0


  7    SOLE DISPOSITIVE POWER

 

                215,000


  8    SHARED DISPOSITIVE POWER

 

                0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            215,000

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.43%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            BD

   

 

 


CUSIP No. 961238 102

 

  1  

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:

 

            NationsBanc Montgomery Holdings Corporation

            56-2103478

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨

(b)  ¨

   
  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

 

                215,000


  7    SOLE DISPOSITIVE POWER

 

                0


  8    SHARED DISPOSITIVE POWER

 

                215,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            215,000

   
10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            0.43%

   
12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

            HC

   

 

 


Item 1

 

(a)

   Name of Issuer:     
         Westpoint Stevens Inc     

Item 1

 

(b)

   Address of Issuer’s Principal Executive Offices:     
         507 West Tenth Street, West Point, Georgia 31833 USA     

Item 2

 

(a)

   Name of Person Filing:     
        

Bank of America Corporation

NB Holdings Corporation

Bank of America N.A.

NationsBanc Montgomery Holdings Corporation

Banc of America Securities LLC

Banc of America Strategic Solutions, Inc.

    

Item 2

 

(b)

   Address of Principal Business Office or, if none, Residence:     
         Each Reporting Person has its or his principal business office at 100 North Tryon Street, Floor 25, Bank of America Corporate Center, Charlotte, NC 28255.     

Item 2

 

(c)

   Citizenship:          
        

Bank of America Corporation

NB Holdings Corporation

Bank of America N.A.

NationsBanc Montgomery Holdings Corporation

Banc of America Securities LLC

Banc of America Strategic Solutions, Inc.

  

Delaware

Delaware

United States

Delaware

Delaware

Delaware

    

Item 2

 

(d)

   Title of Class of Securities:          
         Common Stock          

Item 2

 

(e)

   CUSIP Number:          
         961238 102          

Item 3.

  If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:     
    (a)    ¨    Broker or Dealer registered under Section 15 of the Act
    (b)    ¨    Bank as defined in section 3(a) (6) of the Act
    (c)    ¨    Insurance Company as defined in section 3(a) (19) of the Act
    (d)    ¨    Investment Company registered under section 8 of the Investment Company Act
    (e)    ¨    Investment Adviser in accordance with Section 240.13d-1(b)(1)(ii)(E)
    (f)    ¨    An employee benefit plan or an endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F)
    (g)    x    Parent holding company or control person in accordance with Section 240.13d-1(b)(ii)(G)
    (h)    ¨    A saving association as defined in Section 3(b) of the Federal Deposit Insurance Act
    (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
    (j)    ¨    Group, in accordance with Section 240.13d-1(b)(ii)(J)


Item 4.

   Ownership:
     With respect to the beneficial ownership of the reporting person, see Items 5 through 11 of the cover pages to this Schedule 13G, which are incorporated herein by reference.

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 the reporting person 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:
     Not applicable.

Item 7.

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
     With respect to Subsidiary Identification and Classification, see Items 5 through 11 of the cover pages to this Schedule 13G, which are incorporated herein by reference.

Item 8.

   Identification and Classification of Members of the Group:
     Not applicable.

Item 9.

   Notice of Dissolution of Group:
     Not applicable.

Item 10.

   Certification:
     By signing below each of the undersigned certifies that, to the best of such undersigned’s knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


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.

 

Dated: February 11, 2005

 

Bank of America Corporation

NB Holdings Corporation

Bank of America NA

By:  

/s/ Charles F. Bowman


    Charles F. Bowman
    Senior Vice President
Banc of America Strategic Solutions, Inc.
By:  

/s/ Jason C. Cipriani


    Jason C. Cipriani
    Vice President
NationsBanc Montgomery Holdings Corporation
By:  

/s/ Robert Qutub


    Robert Qutub
    President
Banc of America Securities LLC
By:  

/s/ Robert J. Mulligan, Jr.


    Robert J. Mulligan, Jr.
    Senior Vice President