-----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, Fg45Zdwww5twCu1yDXHq5srJU3mH1vwk+E6sNLjqZ2iUco/LfbJ2aU1b1c+tbR+L AbC31CBYnZLt3X8I3JUTqg== 0000950168-97-002840.txt : 19971001 0000950168-97-002840.hdr.sgml : 19971001 ACCESSION NUMBER: 0000950168-97-002840 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970930 SROS: NASD GROUP MEMBERS: KAHN ALFRED R GROUP MEMBERS: RANDY O. RISSMAN GROUP MEMBERS: TIGER ELECTRONICS, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: 4 KIDS ENTERTAINMENT INC CENTRAL INDEX KEY: 0000058592 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 132691380 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-12075 FILM NUMBER: 97688604 BUSINESS ADDRESS: STREET 1: 1414 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2127587666 MAIL ADDRESS: STREET 1: 1414 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: LEISURE CONCEPTS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN LEISURE INDUSTRIES INC DATE OF NAME CHANGE: 19740822 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAHN ALFRED R CENTRAL INDEX KEY: 0001016829 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1414 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: 1414 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 4 KIDS ENTERTAINMENT SC 13D/A 62423 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 15)* 4Kids Entertainment, Inc. (Name of Issuer) Common Stock, $.01 Par Value (Title of Class of Securities) 350865-10-1 (CUSIP Number) Arnold N. Bressler, Esq. One Pennsylvania Plaza, 49th Floor, New York, New York 10119-0165 - (212) 594-5300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 18, 1997 (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 the statement |_|. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.)(See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 coverage 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. 350865-10-1 PAGE 1 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ALFRED R. KAHN ###-##-#### - ---------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |_| |_| - ---------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------- 4 SOURCE OF FUNDS* PF, OO - ---------------------------------------------------------------- 5 CHECK BOX 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 -0- - ---------------------------------------------------------------- 8 SHARED VOTING POWER -0- - ---------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 874,000 - ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ---------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 874,000 - ---------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.4% - ---------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------- PAGE 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON TIGER ELECTRONICS INC. - ---------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |_| |_| - ---------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ---------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E): |_| - ---------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ILLINOIS - ---------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 7 SOLE VOTING POWER -0- - ---------------------------------------------------------------- 8 SHARED VOTING POWER 350,000 - ---------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- - ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 350,000 - ---------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 350,000 - ---------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.9% - ---------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ---------------------------------------------------------------- PAGE 3 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON RANDY O. RISSMAN - ---------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |_| |_| - ---------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - ---------------------------------------------------------------- 5 CHECK BOX 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 1,524,000 - ---------------------------------------------------------------- 8 SHARED VOTING POWER 350,000 - ---------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 300,000 - ---------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 350,000 - ---------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,524,000 - ---------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ---------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 40.7% - ---------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------- The initial Schedule 13D (the "Schedule 13D") of (i) Alfred R. Kahn, (ii) Tiger Electronics Inc. and (iii) Owen Randall Rissman relating to the common stock, par value $.01 per share, issued by 4Kids Entertainment, Inc. is hereby amended by this Amendment No. 15 as follows: Item 1. Security and Issuer. This Amendment relates to shares of the Common Stock, $.01 par value per share, of 4Kids Entertainment, Inc., a New York corporation (the "Company"). The address of the principal executive office of the Company is 1414 Avenue of the Americas, New York, New York 10019. This Amendment also constitutes Amendment No. 15 to Schedule 13D filed by Alfred R. Kahn on March 21, 1988. Item 6. Contracts Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. As previously reported, in February, 1991, Mr. Kahn borrowed $305,926 from Tiger to finance his purchase of 103,250 shares of the Company's Common Stock, which loan was evidenced by a collateral Promissory Note (the "Note") which bears interest at the rate of 8% per annum and was due on March 11, 1996. On July 18, 1997, Mr. Kahn and Tiger entered into a Letter Agreement extending the due date of the Note to December 31, 1997. None of Tiger, Mr. Kahn, Mr. Randy Rissman and the other executive officers and directors of Tiger have any contracts, arrangements, understandings, or relationships with respect to securities of the Company, other than as set forth herein or in Schedule 13D dated February 22, 1991, Amendment No. 1 thereto dated March 12, 1991, Amendment No. 7 thereto dated July 16, 1992 and Amendment No. 10 thereto dated April 4, 1994. Item 7. Exhibit 14 Letter Agreement between Tiger and Alfred R. Kahn, dated as of March 11, 1996, accepted by Tiger as of July 18, 1997, extending due date of Note. SIGNATURES After reasonable inquiry, and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. /S/ Alfred R. Kahn /S/ Randy O. Rissman Page 5 of pages TIGER ELECTRONICS INC. By /S/ Randy O. Rissman President Dated: September 30, 1997 Page 6 of pages EX-14 2 EXHIBIT 14 EXHIBIT 14 Dated as of March 11, 1996 Mr. Randy O. Rissman Tiger Electronics Inc. 980 Woodlands Parkway Vernon Hills, IL 60061 Dear Mr. Rissman: Reference is made to the Collateral Promissory Note dated as of March 11, 1991, in the amount of $305,926.00 made by the undersigned and payable to Tiger Electronics, Inc. (the "Note"). This is to set forth our agreement and understanding as follows: 1. The due date of the Note shall be extended to December 31, 1997. If the foregoing is in accordance with your understanding, kindly so indicate by executing this letter in the place provided below. Very truly yours, /S/ Alfred R. Kahn AGREED: TIGER ELECTRONICS, INC. By /S/ Randy O. Rissman, President Dated: July 18, 1997 -----END PRIVACY-ENHANCED MESSAGE-----