-----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, EmiP5yCMEZVeTRR8KjyM5NN6RNXJ6fkT7bSr2M+HcAQepYhfxc5roP/L4DLjUn11 DPuN6eUEfk8yO44g9O6uGQ== 0000905339-98-000011.txt : 19980720 0000905339-98-000011.hdr.sgml : 19980720 ACCESSION NUMBER: 0000905339-98-000011 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980714 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HANDLEMAN CO /MI/ CENTRAL INDEX KEY: 0000314727 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS, NEC [5099] IRS NUMBER: 381242806 STATE OF INCORPORATION: MI FISCAL YEAR END: 0429 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-11087 FILM NUMBER: 98665640 BUSINESS ADDRESS: STREET 1: 500 KIRTS BLVD STREET 2: PO BOX 7045 CITY: TROY STATE: MI ZIP: 48084-4142 BUSINESS PHONE: 2483624400 MAIL ADDRESS: STREET 1: 500 KIRTS BLVD STREET 2: P O BOX 7045 CITY: TROY STATE: MI ZIP: 48084-4142 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HARROSH JOSEPH L CENTRAL INDEX KEY: 0000905339 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 40900 GRIMMER BLVD CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106519600 MAIL ADDRESS: STREET 1: 40900 GRIMMER BLVD CITY: FREMONT STATE: CA ZIP: 94538 SC 13D/A 1 AMENDMENT NO: 15 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No: 15) HANDLEMAN COMPANY (Name of Issuer) Common Stock ($.01 par value) (Title of Class of Securities) 410252100 (CUSIP Number) Joseph L. Harrosh 40900 Grimmer Blvd. Fremont, CA 94538 510-651-9600 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) JULY 13, 1998 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ] Check the following box if a fee is being paid with this statement [ ]. 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. (Continued on following page(s)) Page 1 of Pages _________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Joseph L. Harrosh ###-##-#### _________________________________________________________________ 2 CHECK THE APPROPRIATE BOX (a) [ ] IF A MEMBER OF A GROUP (b) [ ] _________________________________________________________________ 3 SEC USE ONLY _________________________________________________________________ 4 SOURCE OF FUNDS* PF, WC _________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] _________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States _________________________________________________________________ | | (7) SOLE VOTING POWER | 1,609,900 |_____________________________ | | (8) SHARED VOTING POWER | -0- NUMBER OF SHARES BENEFICIALLY |_____________________________ OWNED BY EACH REPORTING | PERSON WITH | (9) SOLE DISPOSITIVE | POWER | 1,609,900 |_____________________________ | | (10) SHARED DISPOSITIVE | POWER | -0- ___________________________________|_____________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,609,900 COMMON STOCK _________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] _________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 4.9910% _________________________________________________________________ 14 TYPE OF REPORTING PERSON IN _________________________________________________________________ Item 1. Security and Issuer This Amendment No: 15 to Schedule 13D (the "Amendment No: 15") filed on behalf of Joseph L. Harrosh (the "Reporting Person"), relates to an aggegate of: 1,609,900 shares (the "Shares") of Common Stock ($.01 par value) shares of: Handleman Company (the "Issuer"), with its principal offices located at: 500 Kirts Blvd., Troy, Michigan 48084-4142 Item 2. Identity and Background The following information is given with respect to the Reporting Person: (a) Joseph L. Harrosh (b) 40900 Grimmer Blvd., Fremont, CA 94538 (c) Private investor (d) Mr. Harrosh has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Mr. Harrosh has not, during the past five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) United States of America Item 3. Source and Amount of Funds or Other Consideration Personal funds and margin account. Item 4. Purpose of Transaction Except as set forth in this Item 4, the Reporting Person has no other present plans or proposals that relate to or that could result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D. The Reporting Person sold a portion of his holdings in the Handleman Company as well as a portion of his holdings in other public companies in order to facilitate the purchase of additional shares of the outstanding shares of Stratus Computer, Inc. on which a Schedule 13D has been filed. The Reporting Person may from time to time sell additional shares of the Common Stock of the Handleman Company or may repurchase shares of Handleman Company in ordinary brokerage or privately negotiated transactions. Item 5. Interest in Securities of the Issuer According to the Issuer's Form 10Q dated March 10, 1998, the Issuer has outstanding shares of 32,256,100 shares as of: March 10, 1998. The reporting person has sole voting and dispositive power over 1,609,900 shares representing 4.9910% of the outstanding class of common stock. From 7/8/98 through 7/13/98 the reporting person made net sales of 226,500 shares, including the net sale of 69,100 shares at a net average price of $10.3810 per share on 7/13/98, which transaction required the filing of this statement. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer The Reporting Person does not have any contract, arrangement or understanding with respect to the Common Stock. Item 7. Material to be Filed as Exhibits None. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: JULY 14, 1998 /s/ JOSEPH L. HARROSH ------------------------------ Joseph L. Harrosh -----END PRIVACY-ENHANCED MESSAGE-----