-----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, EmY3xIexWObOfqNfXANhRpB+1yzNIeTDHaUXWYoAucDERZl4Rv1/zQ7ahd8oyYoR 3j+FZ2X6LHRT8W0UefbqLQ== 0000912057-97-006292.txt : 19970222 0000912057-97-006292.hdr.sgml : 19970222 ACCESSION NUMBER: 0000912057-97-006292 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970220 SROS: NASD GROUP MEMBERS: BAYVIEW INVESTORS, LTD GROUP MEMBERS: G. RANDY HECHT GROUP MEMBERS: KENNETH R. FITZSIMMONS GROUP MEMBERS: MICHAEL G. MCCAFFERY GROUP MEMBERS: PAUL STEPHENS GROUP MEMBERS: ROBERTSON STEPHENS & CO INC ET AL GROUP MEMBERS: ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT L.P. GROUP MEMBERS: SANFORD ROBERTSON GROUP MEMBERS: THE ROBERTSON STEPHENS ORPHAN FUND GROUP MEMBERS: THE ROBERTSON STEPHENS ORPHAN OFFSHORE FUND SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GIGA TRONICS INC CENTRAL INDEX KEY: 0000719274 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 942656341 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35652 FILM NUMBER: 97539830 BUSINESS ADDRESS: STREET 1: 4650 NORRIS CANYON ROAD CITY: SAN RAMONN STATE: CA ZIP: 94583 BUSINESS PHONE: 5103284650 MAIL ADDRESS: STREET 1: 4650 NORRIS CANYON ROAD CITY: SAN RAMON STATE: CA ZIP: 94583 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROBERTSON STEPHENS & CO INC ET AL CENTRAL INDEX KEY: 0000922235 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 555 CALIFORNIA ST STE 2600 CITY: SAN FRANSICO STATE: CA ZIP: 94104 BUSINESS PHONE: 4157819700 SC 13D/A 1 SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. four )* GIGATRONICS - -------------------------------------------------------------------------------- Name of Issuer COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 375175106 - -------------------------------------------------------------------------------- CUSIP Number ROBERT C. GREENWOOD ROBERTSON, STEPHENS & COMPANY 555 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO, CA 94104 (415) 781-9700 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications SEPTEMBER 28, 1996 - -------------------------------------------------------------------------------- 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 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). Cusip No. 375175106 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Robertson Stephens Orphan Fund Tax I.D. 94-3108651 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 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 CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 249,672 BY EACH --------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 249,672 --------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 249,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 7.4% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IV - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION Cusip No. 375175106 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bayview Investors, LTD. Tax I.D. 94-3108651 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 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 CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 249,672 (includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. See Item 5.) BY EACH --------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 249,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 249,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 7.4% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IV - -------------------------------------------------------------------------------- Cusip No. 375175106 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Robertson Stephens Orphan Offshore Fund Tax I.D. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 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 Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 27,000 BY EACH --------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 27,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 27,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) .8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IV - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION Cusip No. 375175106 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robertson, Stephens & Company Investment Management L.P. Tax I.D. 94-3181687 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) BY EACH --------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 - -------------------------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Cusip No. 375175106 page 7 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robertson, Stephens & Company, Incorporated Tax I.D. 94-3172874 See Exhibit A for a list of Executive Officers - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) --------------------------------------------------------------- BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Cusip No. 375175106 page 8 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Paul Stephens Tax I.D. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC & PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) BY EACH --------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Cusip No. 375175106 page 9 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sanford Robertson Tax I.D. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) --------------------------------------------------------------- BY EACH 9 SOLE DISPOSITIVE POWER REPORTING --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Cusip No. 375175106 page 10 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Michael G. McCaffery Tax I.D. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) --------------------------------------------------------------- BY EACH 9 SOLE DISPOSITIVE POWER REPORTING --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Cusip No. 375175106 page 11 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON G. Randy Hecht Tax I.D. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) --------------------------------------------------------------- BY EACH 9 SOLE DISPOSITIVE POWER REPORTING --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- Cusip No. 375175106 page 12 of 21 - -------------------------------------------------------------------------------- SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP NO. 375175106 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kenneth R. Fitzsimmons Tax I.D. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO (Working Capital of Purchasing Funds) See Item 2. - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 276,672 includes shares held of record by The Robertson Stephens Orphan Fund of which Robertson, Stephens & Co. Investment Management, L.P. and Bayview Investors, Ltd. are the General Partners. Includes shares held of record by The Robertson Stephens Orphan Offshore Fund of which Robertson, Stephens & Co. Investment Management, L.P. is the General Partner. See Item 5.) BY EACH --------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER --------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 276,672 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 276,672 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11) 8.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, Cusip No. 375175106 page 13 of 21 ITEM 1. SECURITY AND ISSUER. This Schedule 13D is filed with respect to the Common Stock of Giga- Tronics, Inc. (The "Company"). ITEM 2: IDENTITY AND BACKGROUND. The Schedule 13D is filed on behalf of The Robertson Stephens Orphan Fund, Robertson, Stephens & Company Investment Management, L.P. ("RS&Co.,L.P."), Bayview Investors, Ltd. ("Bayview"), The Robertson Stephens Orphan Offshore Fund, Robertson, Stephens & Company, Inc. ("RS&Co., Inc."), and RS&Co., Inc.'s five shareholders, Messrs. Sanford R. Robertson, Paul H. Stephens, Michael G. McCaffery, G. Randy Hecht, and Kenneth R. Fitzsimmons. The purchase of the Company's shares giving rise to this 13D was made by two investment funds, The Robertson Stephens Orphan Fund and The Robertson Stephens Orphan Offshore Fund. The shares outstanding of the Company increased therefore giving rise to this amendment. This Schedule 13D relates to the direct beneficial ownership in the shares of the Company by the Funds, and the indirect beneficial ownership of RS&Co., L.P., Bayview, and RS&Co., Inc. in the shares of the Company held by the Funds. Messrs. Robertson, Stephens, McCaffery, Hecht and Fitzsimmons disclaim any beneficial ownership with respect to shares of the Company that RS&Co., Inc. may be deemed to be beneficially own, are included in this Schedule 13D for protective disclosure purposes only, and shall not be deemed by their inclusion in this Schedule 13D to have made any admission that any such person has any beneficial interest in such shares. Set forth below is the following information with respect to the persons signing this Schedule 13D: name; place of organization; address of principal business and office; principal business; information concerning criminal convictions during the past five years; and information concerning civil or administrative proceedings during the past five years with respect to any state or federal securities laws. I. (a) The Robertson Stephens Orphan Fund, L.P., is a California limited partnership. Robertson Stephens & Co. Investment Management L.P. and Bayview Investors LTD. are the General Partners. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Limited Partnership (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. II. (a) The Robertson Stephens Orphan Offshore Fund is a Cayman Islands limited partnership. Robertson, Stephens & Co Investment Management L.P. is the General Partner. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 Cusip No. 375175106 page 14 of 21 (c) Limited Partnership (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. III. (a) Bayview Investors LTD., is a California limited partnership. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Limited Partnership (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. IV. (a) Robertson, Stephens & Company, Incorporated, is a California Corporation. Robertson, Stephens & Company, Incorporated is the General Partner of Robertson, Stephens & Company Investment Management, L.P. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Corporation, Investment Banking. (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. V. (a) Paul H. Stephens. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Paul H. Stephens is Managing Director and Chief Investment Officer, and a shareholder, of Robertson, Stephens & Company, Incorporated. (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. VI. (a) Sanford R. Robertson. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 Cusip No. 375175106 page 15 of 21 (c) Sanford R. Robertson is the Chairman of and a shareholder of Robertson, Stephens & Company, Incorporated. (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. VII. (a) Michael G. McCaffery. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Michael G. McCaffery is the President and Chief Executive Officer, and a shareholder, of Robertson, Stephens & Company, Incorporated. (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Limited Partnership (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. VIII. (a) G. Randy Hecht. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) G. Randy Hecht is the Executive Vice President, Chief Operating Officer, and shareholder of Robertson, Stephens & Company, Incorporated. (d) No convictions in criminal proceedings. (e) No civil or administrative proceedings. IX. (a) Kenneth R. Fitzsimmons. (b) 555 California Street, Suite 2600 San Francisco, CA 94104 (c) Kenneth R. Fitzsimmons is the Managing Director, Director of Capital Markets, and shareholder of Robertson, Stephens & Company, Incorporated. (d) No convictions in criminal proceedings. Cusip No. 375175106 page 16 of 21 (e) No civil or administrative proceedings. ITEM 3: SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: The securities with respect to which this Schedule 13D is filed were purchased by the Funds using working capital contributed by their respective partners and shareholders. ITEM 4: PURPOSE OF TRANSACTION: The securities with respect to which this Schedule 13D is filed were purchased by the Funds in the ordinary course of investment and not with the intention nor effect of changing or influencing control of the Issuer. The reporting persons may sell all or part or acquire additional securities of the Issuer depending on market conditions and other economic factors. ITEM 5: INTEREST IN SECURITIES OF THE ISSUER. (a) (b) The aggregate number and percentage of the class of securities identified pursuant to Item 1 of this Schedule 13D that are beneficially owned by the persons listed in Item 2 are as follows:
No. of Shares Name of Beneficially Percentage of Beneficial Owner Owned Class(1) ----------------------------------------------------------------------------------------- The Robertson Stephens Orphan Fund 249,672 (2) 7.4% The Robertson Stephens Orphan Offshore Fund 27,000 (3) .8% Robertson Stephens & Co Investment Management L.P. 276,672 (4) 8.2% Bayview Investors LTD 276,672 (5) 7.4% Robertson Stephens & Co. Incorporated 276,672 (6) 8.2% Paul H. Stephens 276,672 (7) 8.2% Sanford R. Robertson 276,672 (8) 8.2% Michael G. McCaffery 276,672 (9) 8.2% G. Randy Hecht 276,672(10) 8.2% Kenneth R. Fitzsimmons 276,672(11) 8.2%
(1) All percentages in this table are based, pursuant to Rule 13D-1(e) of the Securities Exchange Act of 1934, as amended, on 3,369,000 shares of Common Stock of the Issuer outstanding as of September 28, 1996. (2) The Robertson Stephens Orphan Fund is a California limited partnership. (3) The Orphan Offshore Fund is a Cayman Islands limited partnership. (4) Robertson, Stephens & Co. Investment Management L.P., a California Limited Partnership, as General Partner of The Robertson Stephens Orphan Fund and the Orphan Offshore Fund, and is deemed to have shared dispositive power over 276,672 shares of the Company. Cusip No. 375175106 page 17 of 21 (7) Bayview Investors, Ltd. is a California Limited Partnership, and as General Partner of The Robertson Stephens Orphan Fund and is deemed to have shared dispositive power over 276,672 shares of the Company. (8) Robertson, Stephens & Company, Inc., a California Corporation, is the General Partner of Robertson, Stephens & Company Investment Management L.P., and as such is deemed to have shared dispositive power over 276,672 shares of the Company. (9) Paul H. Stephens is the Chief Investment Officer of RS&Co., Inc. and as such may be deemed to have shared voting power over 276,672 shares of the Company held by the Funds. He is also a shareholder of Robertson, Stephens & Company Inc. (10) Sanford R. Robertson is Chairman and a shareholder of Robertson, Stephens & Company Inc. and as such may be deemed to have shared voting power over 276,672 shares of the Company held by the Funds. (11) Michael G. McCaffery is President and Chief Executive Officer and a shareholder of Robertson, Stephens & Company Inc. and as such may be deemed to have shared voting power over 276,672 shares of the Company held by the Funds. (12) G. Randy Hecht is Executive Vice President, Chief Operating Officer and a shareholder of Robertson, Stephens & Company Inc. and as such may be deemed to have shared voting power over 276,672 shares of the Company held by the Funds. (13) Kenneth R. Fitzsimmons is the Managing Director, Director of Capital Markets and a shareholder of Robertson, Stephens & Company Inc. and as such may be deemed to have shared voting power over 276,672 shares of the Company held by the Funds. (c) The following is a list of transactions by the filing parties in the last 60 days. Entity Date Shares Price Transaction ------ ---- ------ ----- ----------- Orphan 2/4/97 3000 8.375 open mkt purchase Offshore Orphan 1/28/97 2000 8.375 open mkt purchase Offshore Orphan 1/27/97 5000 8.5 open mkt purchase Offshore Orphan 12/27/97 3900 8.5 open mkt purchase Offshore ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Cusip No. 375175106 page 18 of 21 Please refer to Item 5. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. The following exhibits are filed herewith: Exhibit A - Agreement of Joint Filing Cusip No. 375175106 page 19 of 21 ITEM 8. SIGNATURE PAGE. After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: 2/12/97 THE ROBERTSON STEPHENS ORPHAN FUND, A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, L.P. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer BAYVIEW INVESTORS, LTD., A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, L.P. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer ROBERTSON, STEPHENS & COMPANY, L.P., A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer ROBERTSON, STEPHENS & COMPANY, INCORPORATED By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer Paul H. Stephens* ----------------- Paul H. Stephens Sanford R. Robertson* --------------------- Sanford R. Robertson Cusip No. 375175106 page 20 of 21 Michael G. McCaffery* --------------------- Michael G. McCaffery G. Randy Hecht* --------------- G. Randy Hecht Kenneth R. Fitzsimmons* ----------------------- Kenneth R. Fitzsimmons *By: /s/ Robert C. Greenwood ----------------------------- Robert C. Greenwood Pursuant to Power of Attorney Previously Filed Cusip No. 375175106 page 21 of 21 EXHIBIT A AGREEMENT OF JOINT FILING The undersigned hereby agree that they are filing jointly pursuant to Rule 13d-1(f)(1) of the Act of the Statement dated January 31, 1997 containing the information required by Schedule 13D, for the Common Stock of GigaTronics held by The Robertson Stephens Orphan Fund, Bayview Investors, Ltd., Robertson, Stephens & Company, Investment Management L.P., and Robertson, Stephens & Company, Incorporated. Dated: January 31, 1997 THE ROBERTSON STEPHENS ORPHAN FUND, A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, L.P. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer THE ROBERTSON STEPHENS ORPHAN OFFSHORE FUND, A CAYMAN ISLANDS LIMITED PARTNERSHIP. By Robertson, Stephens & Company, L.P. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer BAYVIEW INVESTORS, LTD., A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, L.P. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT, L.P., A CALIFORNIA LIMITED PARTNERSHIP. By Robertson, Stephens & Company, Incorporated By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer Cusip No. 375175106 page 22 of 21 ROBERTSON, STEPHENS & COMPANY, INCORPORATED By: Paul H. Stephens* ----------------- Paul H. Stephens Managing Director and Chief Investment Officer Paul H. Stephens* ----------------- Paul H. Stephens Sanford R. Robertson* --------------------- Sanford R. Robertson Michael G. McCaffery* --------------------- Michael G. McCaffery G. Randy Hecht* --------------- G. Randy Hecht Kenneth R. Fitzsimmons* ----------------------- Kenneth R. Fitzsimmons *By /s/ Robert C. Greenwood ----------------------------- Robert C. Greenwood Pursuant to Power of Attorney Previously Filed -----END PRIVACY-ENHANCED MESSAGE-----