-----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, LkCpykAWpRYKSLYxK9VIDuvbx0FYYOwyyraqj5g2m1Wm0JEUgma57WuLJfZ3o2PN AxMoyRIaNf/zZ+sPYjWVzQ== 0001140361-03-002648.txt : 20030730 0001140361-03-002648.hdr.sgml : 20030730 20030730145706 ACCESSION NUMBER: 0001140361-03-002648 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030730 GROUP MEMBERS: DON C. WHITAKER INC. GROUP MEMBERS: DON C. WHITAKER JR. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NET PERCEPTIONS INC CENTRAL INDEX KEY: 0001078203 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 411844584 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-58009 FILM NUMBER: 03811275 BUSINESS ADDRESS: STREET 1: 7700 FRANCE AVE SOUTH CITY: EDINA STATE: MN ZIP: 55435 BUSINESS PHONE: 6129031270 MAIL ADDRESS: STREET 1: 7700 FRANCE AVE SOUTH CITY: EDINA STATE: MN ZIP: 55435 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WHITAKER DON C CENTRAL INDEX KEY: 0001177308 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 23 BEECHWOOD CITY: IRVINE STATE: CA ZIP: 92604 BUSINESS PHONE: 714-857-1810 MAIL ADDRESS: STREET 1: 23 BEECHWOOD CITY: IRVINE STATE: CA ZIP: 92604 SC 13D 1 doc1.htm Schedule 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

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



Net Perceptions, Inc.
(Name of Issuer)
Common Stock, $.0001 par value
(Title of Class of Securities)
94107u101
(CUSIP Number)
Don C. Whitaker
Don C. Whitaker, Inc.
23 Beechwood
Irvine, CA 92604
949-857-6008
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

July 28, 2003
(Date of Event which Requires Filling 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 §§ 240.13d-1(e), 240.13d-1 (f) or 240.13d-1(g), check the following box.   (  )



Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
 

* 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).


 


SCHEDULE 13D
CUSIP No. 94107u101
  1. Names of Reporting Persons.
Don C. Whitaker
I.R.S. Identification No.
  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (  )
  3. SEC USE ONLY
  4. Source of Funds*
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
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With 		7. Sole Voting Power
990,040
8. Shared Voting Power
9. Sole Dispositive Power
990,040
10. Shared Dispositive Power
  11. Aggregate Amount Beneficially Owned by Each Reporting Person
990,040
  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (  )
  13. Percent of Class Represented by Amount in Row (11)
3.61
  14. Type of Reporting Person
IN


2


SCHEDULE 13D
CUSIP No. 94107u101
  1. Names of Reporting Persons.
Don C. Whitaker, Jr.
I.R.S. Identification No.
  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (  )
  3. SEC USE ONLY
  4. Source of Funds*
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
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With 		7. Sole Voting Power
327,300
8. Shared Voting Power
9. Sole Dispositive Power
327,300
10. Shared Dispositive Power
  11. Aggregate Amount Beneficially Owned by Each Reporting Person
327,300
  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (  )
  13. Percent of Class Represented by Amount in Row (11)
1.19
  14. Type of Reporting Person
IN


3


SCHEDULE 13D
CUSIP No. 94107u101
  1. Names of Reporting Persons.
Don C. Whitaker, Inc
I.R.S. Identification No.
  2. Check the Appropriate Box if a Member of a Group*
(a.)  (X)       (b.)  (  )
  3. SEC USE ONLY
  4. Source of Funds*
WC
  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (  )
  6. Citizenship or Place of Organization
USA
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With 		7. Sole Voting Power
8. Shared Voting Power
125,000
9. Sole Dispositive Power
10. Shared Dispositive Power
125,000
  11. Aggregate Amount Beneficially Owned by Each Reporting Person
125,000
  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (  )
  13. Percent of Class Represented by Amount in Row (11)
.456
  14. Type of Reporting Person
CO


4


Item 1. Security and Issuer

                   Net Perceptions, Inc., Common Stock
         7700 France Avenue South
         Edina, Minnesota 55435
         (952)842-5000


Item 2. Identity and Background.


(a)

Name:           Don C. Whitaker


(b)

Residence or business address:           23 Beechwood
         Irvine, CA 92604


(c)

Present Principal Occupation or Employment:           Don C. Whitaker, Inc.
         23 Beechwood
         Irvine, CA 92604


(d)

Criminal Conviction:           No


(e)

Court or Administrative Proceedings:           No


(f)

 Citizenship:           USA


Item 3. Source and Amount of Funds or Other Consideration:

                   Personal, retirement and corporate funds of the entities involved. All Transactions were open market transactions and the net approximate amount utilized was $2,284,504.34 for the 1,442,340 shares currently held.


Item 4. Purpose of Transaction

            State the purpose or purposes of the acquisition of securities of the issuer. Describe any plans or proposals which the reporting persons may have which relate to or would result in:

                  The purpose of the "Whitaker Group" is to participate in the corporate reorganization that is anticipated based upon the February 2003 announcement that "U.S. Bancorp Piper Jaffray was hired to assist in the exploration of near term strategic alternatives". In addition, the company stated: "Based on the outcome of this process, we expect to determine in the near term how best to proceed to maiximize shareholder value".
         
         During the last two quarterly conference calls since the above statement, it was stressed that efforts were ongoing to maximize shareholder value in the near term.
         
         If something positive for shareholders doesn't materialize within a reasonable period of time, the "Whitaker Group" will evaluate its alternatives.
         
         The Whitakers will of course re-evaluate their options which may include the purchase of additional securities of Net Perceptions, Inc., or the disposal of some or all of the securities they presently own depending upon market conditions, availability of funds and other considerations.


5

(a)

The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;

         No

(b)

An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

         Other than mentioned in the "Purpose of Transaction"

(c)

A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries;

         Other than mentioned in the "Purpose of Transaction"

(d)

Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

         Not at the present time

(e)

Any material change in the present capitalization or dividend policy of the issuer;

         No

(f)

Any other material change in the issuer's business or corporate structure including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940;

         No

(g)

Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;

         Not at the present time

(h)

Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

         Not at the present time

(i)

A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

         See "H" above

(j)

Any action similar to any of those enumerated above.

         See "H" above


Item 5. Interest in Securities of the Issuer.


(a)

         Ownership of 5.256% of Common Stock of Net Perceptions, Inc.
         Don C. Whitaker 990,040 3.61%
         Don C. Whitaker, Jr. 327,300 1.19%
         Don C. Whitaker, Inc. 125,000 .456%


(b)

         Don C. Whitaker and Don C. Whitaker, Jr., each have sole responsibility to vote and dispose of their respective shares. Don C. Whitaker and Don C. Whitaker, Jr., share voting power with regards to the shares held in the name of Don C. Whitaker, Inc.


(c)

         Within the last 60 days the above mentioned entities have participated in the following transactions: Don C. Whitaker has net purchased 830,140 shares with a net expenditure of approximately $1,302,409.19; Don C. Whitaker, Jr., has net purchased 128,500 shares with a net expenditure of approximately $200,889.65; Don C. Whitaker, Inc., has net purchased 70,200 shares with a net expenditure of approximately $111,827.89.


 

Transaction
Date

Shares or Units
Purchased (Sold)

Price per
Share or Unit

 

 

6/2/03
6/2/03
6/4/03
6/4/03
6/5/03
6/6/03
6/6/03
6/9/03
6/9/03
6/9/03
6/11/03
6/12/03
6/13/03
6/13/03
6/13/03
6/16/03
6/16/03
6/16/03
6/17/03
6/18/03
6/18/03
6/18/03
6/19/03
6/19/03
6/19/03
6/23/03
6/24/03
6/25/03
6/25/03
6/26/03
6/26/03
6/30/03
6/30/03
6/30/03
7/1/03
7/1/03
7/1/03
7/2/03
7/2/03
7/2/03
7/3/03
7/3/03
7/3/03
7/7/03
7/7/03
7/7/03
7/9/03
7/9/03
7/9/03
7/9/03
7/9/03
7/10/03
7/10/03
7/10/03
7/10/03
7/10/03
7/11/03
7/11/03
7/11/03
7/14/03
7/15/03
7/15/03
7/15/03
7/15/03
7/16/03
7/16/03
7/18/03
7/18/03
7/21/03
7/21/03
7/21/03
7/22/03
7/22/03
7/22/03
7/22/03
7/22/03
7/22/03
7/22/03
7/22/03
7/23/03
7/23/03
7/23/03
7/24/03
7/24/03
7/24/03
7/24/03
7/24/03
7/24/03
7/24/03
7/25/03
7/25/03
7/25/03
7/25/03
7/28/03
7/28/03
7/28/03

5000 
4500 
(1150)
8800 
9200 
(1200)
16300 
2350 
18700 
5200 
9800 
19300 
5000 
6700 
19800 
5000 
800 
9500 
7446 
600 
4400 
3900 
5000 
9800 
450 
7300 
300 
10000 
8400 
3200 
500 
12500 
8500 
19800 
10000 
2100 
9900 
10000 
15900 
7800 
5000 
6160 
9900 
5000 
9900 
14900 
2500 
15360 
8000 
(1600)
(75)
5100 
29700 
114100 
7500 
7500 
20000 
9900 
5000 
500 
111 
122 
500 
2000 
2950 
1600 
13400 
6500 
600 
804 
6500 
5450 
12389 
6900 
(4400)
59400 
19800 
18996 
9900 
5300 
30400 
7500 
2000 
(5000)
(7500)
25000 
5000 
(11551)
103100 
9900 
10400 
(9900)
(600)
1128 
108900 
5000 
 

  

1.61
1.61
1.68
1.62
1.62
1.68
1.62
1.63
1.62
1.62
1.62
1.61
1.61
1.60
1.60
1.61
1.60
1.60
1.60
1.60
1.61
1.60
1.60
1.60
1.58
1.61
1.61
1.62
1.61
1.62
1.62
1.60
1.61
1.60
1.58
1.57
1.56
1.59
1.56
1.57
1.56
1.55
1.56
1.54
1.55
1.53
1.56
1.54
1.55
1.57
1.59
1.54
1.51
1.52
1.53
1.54
1.52
1.52
1.52
1.52
1.55
1.53
1.54
1.56
1.56
1.57
1.56
1.57
1.57
1.56
1.57
1.56
1.56
1.57
1.58
1.54
1.52
1.56
1.57
1.57
1.54
1.55
1.57
1.60
1.62
1.60
1.57
1.62
1.60
1.59
1.58
1.61
1.63
1.57
1.58
1.58

  

 

 

 


(d)

         None


(e)

         N/A


Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

                   None



6


Item 7. Material to be Filed as Exhibits.

                   None


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:  July 28, 2003
  Don C. Whitaker
  By: /s/ Don C. Whitaker
      Don C. Whitaker
  Title:    Individual 
  Don C. Whitaker, Jr.
  By: /s/ Don C. Whitaker, Jr.
      Don C. Whitaker, Jr.
  Title:    Individual 
  Don C. Whitaker, Inc.
  By: /s/ Don C. Whitaker
      Don C. Whitaker
  Title:    President 
 


7
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