-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LkveV1ifsJa0lxcWBsFZEfyErcLrdfdUCAUaPQJWzN16X2OVNcf2FFDwx4/GhHYG sFKFYRORRuqSdRT9mbwhKw== 0001104659-03-002446.txt : 20030214 0001104659-03-002446.hdr.sgml : 20030214 20030214133548 ACCESSION NUMBER: 0001104659-03-002446 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030214 GROUP MEMBERS: MISAKO YUEN GROUP MEMBERS: THOMAS YUEN FAMILY TRUST FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: YUEN THOMAS C K CENTRAL INDEX KEY: 0000902630 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 16 GENEVE DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 7144421081 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SRS LABS INC CENTRAL INDEX KEY: 0001016470 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 330714264 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49103 FILM NUMBER: 03565636 BUSINESS ADDRESS: STREET 1: 2909 DAIMIER ST CITY: SANTA ANA STATE: CA ZIP: 92705 BUSINESS PHONE: 9494421070 MAIL ADDRESS: STREET 1: 2909 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 SC 13G/A 1 j7605_sc13ga.htm SC 13G/A

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. 6)*

 

SRS Labs, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

78464M 10 6

(CUSIP Number)

 

 

(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.  78464M 10 6

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Thomas C.K. Yuen

 

 

2.

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

 

 

(a)

[ X ]

 

 

(b)

[     ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S.A.

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
567,774

 

6.

Shared Voting Power
2,645,870

 

7.

Sole Dispositive Power
567,774

 

8.

Shared Dispositive Power
2,645,870

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,213,644

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
25.1%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

 

2



 

 

CUSIP No.  78464M 10 6

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Misako Yuen

 

 

2.

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

 

 

(a)

[ X ]

 

 

(b)

[     ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S.A.

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
2,645,870

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
2,645,870

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,870

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
21.3%

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

 

3



 

CUSIP No.  78464M 10 6

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Thomas Yuen Family Trust

 

 

2.

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

 

 

(a)

[ X ]

 

 

(b)

[     ]

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
U.S.A.

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
2,645,870

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
2,645,870

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,645,870

 

 

10.

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

 

 

11.

Percent of Class Represented by Amount in Row (9)
21.3%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

 

 

 

 

4



 

Item 1.

 

(a)

Name of Issuer
SRS Labs, Inc.

 

(b)

Address of Issuer's Principal Executive Offices
2909 Daimler Street, Santa Ana, California 92705

 

Item 2.

 

(a)

Name of Person Filing
Thomas C.K. Yuen, Misako Yuen and the Thomas Yuen Family Trust

 

(b)

Address of Principal Business Office or, if none, Residence
SRS Labs, Inc.
2909 Daimler Street
Santa Ana, California 92705

 

(c)

Citizenship
Thomas C.K. Yuen and Misako Yuen are citizens of the U.S.A. and the Thomas Yuen Family Trust is a trust formed under the laws of the State of California.

 

(d)

Title of Class of Securities
Common Stock

 

(e)

CUSIP Number
78464M 10 6

 

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);

 

 

5



 

 

(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).

 

 

 

 

 

If this statement is filed pursuant to §240.13d-1(c), check this box [ ].

 

 

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: 

 

 

Thomas C.K. Yuen

3,213,644

 

 

 

Misako Yuen

2,645,870

 

 

 

Thomas Yuen Family Trust

2,645,870

 

 

(b)

Percent of class: 

 

 

Thomas C.K. Yuen

25.1

%

 

 

Misako Yuen

21.3

%

 

 

Thomas Yuen Family Trust

21.3

%

 

(c)

Number of shares as to which the person has:

 

 

(i)

Sole power to vote or to direct the vote 

 

 

 

Thomas C.K. Yuen

567,774

 

 

 

 

Misako Yuen

0

 

 

 

 

Thomas Yuen Family Trust

0

 

 

 

(ii)

Shared power to vote or to direct the vote 

 

 

 

Thomas C.K. Yuen

2,645,870

 

 

 

 

Misako Yuen

2,645,870

 

 

 

 

Thomas Yuen Family Trust

2,645,870

 

 

 

(iii)

Sole power to dispose or to direct the disposition of 

 

 

 

Thomas C.K. Yuen

567,774

 

 

 

 

Misako Yuen

0

 

 

 

 

Thomas Yuen Family Trust

0

 

 

 

(iv)

Shared power to dispose or to direct the disposition of

 

 

 

Thomas C.K. Yuen

2,645,870

 

 

 

 

Misako Yuen

2,645,870

 

 

 

 

Thomas Yuen Family Trust

2,645,870

 

 

 

6



 

The shares beneficially owned by Thomas C.K. Yuen, Misako Yuen and the Thomas Yuen Family Trust include 2,645,870 shares held by the Thomas Yuen Family Trust, of which Mr. and Mrs. Yuen are co-trustees.   The shares beneficially owned by Thomas C.K. Yuen also include 371,598 shares issuable to Mr. Yuen upon exercise of stock options that vest on or before March 1, 2003, and Mr. Yuen’s beneficial ownership of such shares is subject to applicable community property laws.  The shares beneficially owned by Mr. and Mrs. Yuen and the Thomas Yuen Family Trust do not include 213,469 shares held by Atsuko Hamasaki as (i) trustee of the Yuen 1993 Irrevocable Trust (144,825 shares), and (ii) custodian for Mr. and Mrs. Yuen’s children, Jennifer Wen Lee Yuen (31,465 shares) and Constance Kahlee Yuen (37,179).  Mr. and Mrs. Yuen and the Thomas Yuen Family Trust disclaim beneficial ownership of the 213,469 shares held by Atsuko Hamasaki in the above-referenced capacities. The shares beneficially owned by Mr. and Mrs. Yuen and the Thomas Yuen Family Trust do not include 5,714 shares held by Mr. and Mrs. Yuen’s adult daughter, Jennifer Wen Lee. Mr. and Mrs. Yuen and the Thomas Yuen Family Trust disclaim beneficial ownership of the 5,714 shares held by Jennifer Wen Lee.

 

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

Inapplicable.

 

Item 7.

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

Inapplicable.

 

Item 8.

Identification and Classification of Members of the Group

This filing is on behalf of Thomas C.K. Yuen, Misako Yuen and the Thomas Yuen Family Trust as members of a group pursuant to Rule 13d-1(d).

 

Item 9.

Notice of Dissolution of Group

Inapplicable

 

Item 10.

Certification

Inapplicable

 

 

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.

 

 

February 13, 2003

 

Date

 

 

 

/s/ THOMAS C.K. YUEN

 

Thomas C.K. Yuen

 

 

 

/s/ MISAKO YUEN

 

Misako Yuen

 

 

 

THOMAS YUEN FAMILY TRUST

 

 

 

 

 

By:

/s/ THOMAS C.K. YUEN

 

 

Thomas C.K. Yuen,
Co-Trustee

 

 

 

 

 

By:

/s/ MISAKO YUEN

 

 

Misako Yuen,
Co-Trustee

 

 

8


EX-99.A 3 j7605_ex99da.htm EX-99.A

Exhibit 99(a)

EXHIBIT “A”

 

AGREEMENT

 

THIS AGREEMENT is dated as of February 13, 2003 among Thomas C. K. Yuen, Misako Yuen and the Thomas Yuen Family Trust.

 

WHEREAS, pursuant to Rule 240.13d-1(k) promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the parties hereto have decided to satisfy their filing obligations under the Exchange Act by a single joint filing;

 

NOW THEREFORE, the parties hereto agree as follows:

 

1.             The Amendment No. 6 to Schedule 13G with respect to SRS Labs, Inc. to which this Agreement is attached as Exhibit A (the “Schedule 13G”) is filed on behalf of each of the parties hereto.

 

2.             Each of the parties hereto is eligible to use the Schedule 13G.

 

3.             Each of the parties hereto is responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person or entity contained in the Schedule 13G; provided that each person or entity is not responsible for the completeness or accuracy of the information concerning any other person making such filing contained in the Schedule 13G, unless such person or entity knows or has reason to believe that such information is inaccurate.

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

 

 

/s/  THOMAS C. K. YUEN

 

 

Thomas C. K. Yuen

 

 

 

 

 

/s/  MISAKO YUEN

 

 

Misako Yuen

 

 

 

THOMAS YUEN FAMILY TRUST

 

 

 

 

 

By:

/s/  THOMAS C. K. YUEN

 

 

 

Thomas C. K. Yuen

 

 

Co-Trustee

 

 

 

 

 

By:

/s/  MISAKO YUEN

 

 

 

Misako Yuen

 

 

Co-Trustee

 

 

1


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