-----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, LtcTar2Bxgf4PocR1UDt/QuF/s7HQJkkHIdsuEDihqUJpYijIxlrzCSh5RhWAUoV vzHZFgUgU63I+iLRlcdxBQ== 0001045969-98-000150.txt : 19980211 0001045969-98-000150.hdr.sgml : 19980211 ACCESSION NUMBER: 0001045969-98-000150 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980210 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILSONS THE LEATHER EXPERTS INC CENTRAL INDEX KEY: 0001016607 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 411839933 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52481 FILM NUMBER: 98529267 BUSINESS ADDRESS: STREET 1: 7401 BOONE AVENUE NORTH STREET 2: ST LOUIS PARK CITY: BROOKLYN PARK STATE: MN ZIP: 55428 BUSINESS PHONE: 6123914000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WALLER JOEL N CENTRAL INDEX KEY: 0001054216 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 7401 BOONE AVENUE NORTH CITY: BROOKLYN PARK STATE: MN ZIP: 55428 BUSINESS PHONE: 6123914302 MAIL ADDRESS: STREET 1: 7401 BOONE AVENUE NORTH CITY: BROOKLYN PARK STATE: MN ZIP: 55428 SC 13G 1 SCHEDULE 13G --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response...14.90 --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (AMENDMENT NO. ________) Wilsons The Leather Experts Inc. ----------------------------------- (Name of Issuer) Common Stock ----------------------------------- (Title of Class of Securities) 972463 10 3 ----------------------------------- (CUSIP Number) *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). Page 1 of 5 CUSIP NO. 972463 10 3 13G PAGE 2 OF 5 PAGES - ---------------------- ----------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Joel N. Waller - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (a) [_] Not Applicable (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 998,961.2 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 108,000.0 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 998,961.2 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 108,000.0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 1,106,961.2 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) Not Applicable - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 11.6% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 IN - ------------------------------------------------------------------------------ Item 1. (a) Name of Issuer Wilsons The Leather Experts Inc. (b) Address of Issuer's Principal Executive Offices 7401 Boone Avenue North Brooklyn Park, Minnesota 55428 Item 2. (a) Name of Person Filing Joel N. Waller (b) Address of Principal Business Office or, if None, Residence 7401 Boone Avenue North Brooklyn Park, Minnesota 55428 (c) Citizenship United States (d) Title of Class of Securities Common Stock, $.01 par value (e) CUSIP Number 972463 10 3 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), 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 registered under section 203 of the Investment Advisers Act of 1940 (f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see (S) 240.13d-1(b)(1)(ii)(F) (g) / / Parent Holding Company, in accordance with (S) 240.13d-1(b)(ii)(G) (Note: See Item 7) (h) / / Group, in accordance with (S) 240.13d-1(b)(1)(ii)(H) Not Applicable Page 3 of 5 Item 4. Ownership (a) Amount Beneficially Owned 1,106,961.2 (b) Percent of Class 11.6% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 998,961.2 (ii) shared power to vote or to direct the vote 108,000.0 (iii) sole power to dispose or to direct the disposition of 998,961.2 (iv) shared power to dispose or to direct the disposition of 108,000.0 See Item 6 for further information regarding the nature of the reporting person's beneficial ownership of certain of the above-referenced shares. 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 / /. Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. The shares listed in Item 4 include (i) 100,000 shares of Common Stock owned by the Waller Family Limited Partnership (the "Partnership"), (ii) 3,000 shares of Common Stock owned by Mr. Waller's spouse and Mr. Waller's mother jointly (the reporting person disclaims beneficial ownership of such shares), (iii) 1,000 shares of Common Stock owned by Mr. Waller's spouse (the reporting person disclaims beneficial ownership of such shares), (iv) 3,000 Redeemable Warrants owned by Mr. Waller's spouse and Mr. Waller's mother jointly (the reporting person disclaims beneficial ownership of such Redeemable Warrants), and (v) 1,000 Redeemable Warrants owned by Mr. Waller's spouse (the reporting person disclaims beneficial ownership of such Redeemable Warrants). The Redeemable Warrants are currently fully exercisable. Mr. Waller and Mr. Waller's spouse are the general partners of the Partnership. The Partnership has the right to receive dividends from, and the proceeds of the sale of, the shares of Common Stock held by it. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable Page 4 of 5 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 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 3, 1998 ---------------------------------- Date /s/ Joel N. Waller ---------------------------------- Signature Joel N. Waller ---------------------------------- Name Page 5 of 5 -----END PRIVACY-ENHANCED MESSAGE-----